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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21329414 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (104 posts by 20 users deleted.)
Its About Sharing
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May 30, 2013, 10:56:35 AM
 #11861

In any scenario where theres an absence of central authority or rules people will revert to their original sociopathic state.. people will kill each other for petty things because now they will not be questioned for the crime.. i think rules are necessary but only to an extent where they protect the society and not an individual.. rules today are only for those without power, the average citizen.. the ones with money aka power still dont have to answer for their crimes..

Again, you don't know that. You are speaking like recent history is the proof of what human behavior is.

We have been led by the least among us. We have been led with money in mind and not compassion. Change the variables of the equation we currently live in, and you would not feel nor believe what you do.

Our educational system has been dumbing us down with Prussian "education" since the 1800's. Taking away and killing our creativity and curiosity.

Do the real research and you will see we have manipulated to feel and believe what we currently do.

But welcome to the apocalypse - the truth is being unveiled...

So heres a situation buddy.. its apocalypse time.. you are out of water and food.. starving for a week now and all you have is a gun.. you see a guy with some food (maybe a hotdog or whateva you like).. You go to him and he tell you to F off coz he found it its his.. what are you gonna do.. keep starvin for god knows how long or go away quitely??

In an ideal world where the governments took care of its citizens and people actually cared for each other and respected each others possession this situation would never have come.. but we have to face reality here.. i have seen a guy killin a vendor for 15 Rs ie 0.27$.. yeah thats the kinda fucked up world we live in.. so its always better to be cautious..
and i totaly agree we have been made slaves.. creativity today iis considered a sign of illness.. as if something is wrong with him or her.. education actually ruined us..

Apocalypse means unveiling or uncovering. It doesn't mean destruction. Get over what they have been telling you, scaring you with. It is their ending, their way of business, not ours.

If things get tough I will act accordingly (probably, hard to really know), but right now we have a choice. Life isn't hypothetical, it is, is.

Again, you go an believe your reality and let us believe ours. Enough said...
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May 30, 2013, 10:58:18 AM
 #11862

In any scenario where theres an absence of central authority or rules people will revert to their original sociopathic state.. people will kill each other for petty things because now they will not be questioned for the crime.. i think rules are necessary but only to an extent where they protect the society and not an individual.. rules today are only for those without power, the average citizen.. the ones with money aka power still dont have to answer for their crimes..

Again, you don't know that. You are speaking like recent history is the proof of what human behavior is.

We have been led by the least among us. We have been led with money in mind and not compassion. Change the variables of the equation we currently live in, and you would not feel nor believe what you do.

Our educational system has been dumbing us down with Prussian "education" since the 1800's. Taking away and killing our creativity and curiosity.

Do the real research and you will see we have manipulated to feel and believe what we currently do.

But welcome to the apocalypse - the truth is being unveiled...

So heres a situation buddy.. its apocalypse time.. you are out of water and food.. starving for a week now and all you have is a gun.. you see a guy with some food (maybe a hotdog or whateva you like).. You go to him and he tell you to F off coz he found it its his.. what are you gonna do.. keep starvin for god knows how long or go away quitely??

In an ideal world where the governments took care of its citizens and people actually cared for each other and respected each others possession this situation would never have come.. but we have to face reality here.. i have seen a guy killin a vendor for 15 Rs ie 0.27$.. yeah thats the kinda fucked up world we live in.. so its always better to be cautious..
and i totaly agree we have been made slaves.. creativity today iis considered a sign of illness.. as if something is wrong with him or her.. education actually ruined us..

Apocalypse means unveiling or uncovering. It doesn't mean destruction. Get over what they have been telling you, scaring you with. It is their ending, their way of business, not ours.

If things get tough I will act accordingly (probably, hard to really know), but right now we have a choice. Life isn't hypothetical, it is, is.

Again, you go an believe your reality and let us believe ours. Enough said...

Okay sir  Undecided
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May 30, 2013, 10:58:24 AM
 #11863



When we treat other people as "competitors" then stealing and such when times get tough is a predictable outcome. But we have known no other form of government and economics. We are taught in the schools that Darwin was right, when nature shows us cooperation is right. (Even with Lions hunting prey, Nature is mostly a brilliant example of cooperation).


Yeah , lions are the perfect example.... do you know what happens to lions cubs when a new male or male group takes over the pack  (after killing or routing the previous males) ?

Don't mistake colaboration in the same pack with colaboration between the entire species.


I'll take ErisDircordias answer

If you want to submit to a central authority dictating how to live different aspects of your life for whatever reason (maybe you feel insecure about your own sense of judgement, are afraid of deviating from norms because of ostracism or just don't like to take responsibility) that's your choice. but PLEASE for the love of everything that is dear to you: let those who don't want a life like that be FREE to not join your game. As it turns out there's a big chance that the next major inventions and technological improvements will come exactly from these people.
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May 30, 2013, 11:03:19 AM
 #11864

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May 30, 2013, 11:05:56 AM
 #11865

Imagine somebody buying or selling a few thousands coins now...

Most of the people naping along clarkmoody would fell of their chairs.
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May 30, 2013, 11:15:32 AM
 #11866

In other news ...

ouch

Quote
Dear Mt. Gox Customers,

In order to comply with strict anti-money laundering regulations we are now requiring account verifications for all accounts performing non-Bitcoin currency deposits and withdrawals. Please see our statement for the full explanation:

https://mtgox.com/press_release_20130530.html

Best regards,

Mt. Gox Team

Not a great surprise really ... I would imagine anyone who does not want to be verified has been getting their cash off Gox or buying BTC post Dwolla


Account verifications it's a bad joke.

When I worked with epassporte I made a debit card with my cat name on it. Same with my LR account (I had 50 cents there , damn FBI).
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May 30, 2013, 11:17:54 AM
 #11867

In other news ...

ouch

Quote
Dear Mt. Gox Customers,

In order to comply with strict anti-money laundering regulations we are now requiring account verifications for all accounts performing non-Bitcoin currency deposits and withdrawals. Please see our statement for the full explanation:

https://mtgox.com/press_release_20130530.html

Best regards,

Mt. Gox Team

Not a great surprise really ... I would imagine anyone who does not want to be verified has been getting their cash off Gox or buying BTC post Dwolla

Interesting though is the use of the phrase 'at this time' wrt BTC withdrawals ... implication to me is that it is a possibility in the future

Bullish news, this is just gasoline for the choo choo train.

Buy now, when big boys come with big money because they are sure they are safe, the train will have left the station and you don't want to be left behind.
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May 30, 2013, 11:20:02 AM
 #11868


Account verifications it's a bad joke.

When I worked with epassporte I made a debit card with my cat name on it. Same with my LR account (I had 50 cents there , damn FBI).

Funny !
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May 30, 2013, 11:24:30 AM
 #11869

In other news ...

ouch

Quote
Dear Mt. Gox Customers,

In order to comply with strict anti-money laundering regulations we are now requiring account verifications for all accounts performing non-Bitcoin currency deposits and withdrawals. Please see our statement for the full explanation:

https://mtgox.com/press_release_20130530.html

Best regards,

Mt. Gox Team

Not a great surprise really ... I would imagine anyone who does not want to be verified has been getting their cash off Gox or buying BTC post Dwolla


Account verifications it's a bad joke.

When I worked with epassporte I made a debit card with my cat name on it. Same with my LR account (I had 50 cents there , damn FBI).

I think that's a good message Your. Verification of accounts is better than fear for your money in their account.
After all (Dwolla, LR ...) they must prove that the Bitcoin exchange is not money laundering and terrorist financing.

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May 30, 2013, 11:25:13 AM
 #11870


Account verifications it's a bad joke.

When I worked with epassporte I made a debit card with my cat name on it. Same with my LR account (I had 50 cents there , damn FBI).

Funny !

Yeah , too bad in some cases it turns ugly.

I my country they found out that a homeless person was the owner of 54 companies dealing with millions in insurances. Same for a 80 gradma.
It's pretty cheap and easy to get same real id's  , less than 50 euros.
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May 30, 2013, 11:27:07 AM
 #11871



Back to the wall observing: weekly volume is getting lower and lower since the correction/bubble burst (still too soon to decide what was that - which is funny because all of us would have bet that 1 month and a half after the April 10th crash we would have know for sure if that crash was a bubble pop or a correction)



If you look at the same plot for bitstamp, volume is healthily increasing. I'd say it's just the Gox issues
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May 30, 2013, 11:28:49 AM
 #11872

I my country they found out that a homeless person was the owner of 54 companies dealing with millions in insurances. Same for a 80 gradma.
It's pretty cheap and easy to get same real id's  , less than 50 euros.

Yes, but if you give to Gox a fake ID, then you're responsible for reliability of your personal data, not Gox.
Without verification Gox is responsible for it.

So, this is good news. Choo choo!
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iota the future


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May 30, 2013, 11:29:12 AM
 #11873

In other news ...

ouch

Quote
Dear Mt. Gox Customers,

In order to comply with strict anti-money laundering regulations we are now requiring account verifications for all accounts performing non-Bitcoin currency deposits and withdrawals. Please see our statement for the full explanation:

https://mtgox.com/press_release_20130530.html

Best regards,

Mt. Gox Team

Not a great surprise really ... I would imagine anyone who does not want to be verified has been getting their cash off Gox or buying BTC post Dwolla

Interesting though is the use of the phrase 'at this time' wrt BTC withdrawals ... implication to me is that it is a possibility in the future

verification .. fine by me...     for those who need it..  there's always a way to get or lose  coins some other way..    like: work for btc Wink sell some shoes for btc Smiley  buy some beer with btc Smiley
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May 30, 2013, 11:29:54 AM
 #11874


I think that's a good message Your. Verification of accounts is better than fear for your money in their account.
After all (Dwolla, LR ...) they must prove that the Bitcoin exchange is not money laundering and terrorist financing.


At that time I had a real epass account for my needs , the fake one was for other stuff. With the LR  i needed for a one time purchase and that's all. > the cat did it. (my cat uses Tor , btw).
With Gox , I use a real account , and let me know , I feel more unconfortable than with a fake one Smiley.

What I was saying , account verification is just to let the gov know they try to play by the rules. Money laundering will continue on Gox with no problem.

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May 30, 2013, 11:35:46 AM
 #11875

I my country they found out that a homeless person was the owner of 54 companies dealing with millions in insurances. Same for a 80 gradma.
It's pretty cheap and easy to get same real id's  , less than 50 euros.

Yes, but if you give to Gox a fake ID, then you're responsible for reliability of your personal data, not Gox.
Without verification Gox is responsible for it.

So, this is good news. Choo choo!

Let me be pessimistic about this.
They did that just becuse they are feeling scared. Which means they know they had some fishy transactions.

Taking measures now , won't help them for the thing that already happend in the past.

But gox it's just an exchanger , it really doens't matter if it gets closed , robbed or burned.
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May 30, 2013, 11:36:20 AM
 #11876

For people in US who withdraw amounts in USD maybe its an inconvenience but for pllain bitcoin transactions you dont need the ID verification.. so it doesnt realy matter for non US residents i guess..
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May 30, 2013, 11:37:34 AM
 #11877


What about all the BTC stranded there when its closed robbed or burned??
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May 30, 2013, 11:39:51 AM
 #11878

I my country they found out that a homeless person was the owner of 54 companies dealing with millions in insurances. Same for a 80 gradma.
It's pretty cheap and easy to get same real id's  , less than 50 euros.

Yes, but if you give to Gox a fake ID, then you're responsible for reliability of your personal data, not Gox.
Without verification Gox is responsible for it.

So, this is good news. Choo choo!

Re responsibility, is this based on fact or is this an assumption ?
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May 30, 2013, 11:45:19 AM
 #11879

Re responsibility, is this based on fact or is this an assumption ?

Actually assumption (because I don't know real laws about it), but I know a lot of cases where governments are OK with banks and companies who require verification of customers.
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May 30, 2013, 11:51:07 AM
 #11880

For people in US who withdraw amounts in USD maybe its an inconvenience but for pllain bitcoin transactions you dont need the ID verification.. so it doesnt realy matter for non US residents i guess..

As I read it it applies to ANY cash transfer to ANY country, so it will likely cause 'some' inconvenience in the short term
Gox is an exchange ... fiat is one half of every transaction, so the fact that it 'at present' does not apply to BTC transactions is kind of irrelevant, unless you have BTC on there you want to move off, or want to sell BTC and leave all of your fiat there. Other than that, you need to transfer fiat onto or off of the exchange.

I agree, it is an attempt by Gox to clean up the exchange a bit to appease the authorities. How successful it will be and who holds the can at the end of the day remains to be seen ...
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