aztecminer
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October 29, 2015, 02:17:05 AM |
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manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?
its called a marshal's pump.. u guys havent figured it out yet ??
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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billyjoeallen
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Hide your women
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October 29, 2015, 02:28:27 AM |
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I expect it to decline starting today. Top is in for the next few weeks, if so. My 40% alternative scenario is for 3 more weeks going up, touching 300.
It went up more than my wildest hopes could imagine. I haven't seen that happen since 2013. Impressed, I am. I don't see a reason why it should not continue to exceed my expectations during the rest of the week. I had might as well up my stake. Huh? You see no reason why it won't exceed your expectations? You expect your expectations to be exceeded? How does that work?
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poncom
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October 29, 2015, 02:29:28 AM |
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manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?
A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins. The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND. https://www.reddit.com/r/BitcoinMarkets/comments/2s1wd3/could_bearwhale_be_asic_miner/The best candidate for who bearwhale is by looking at the financial list demanded by EU for any tx exceeding €30k in areas where there "is a greater probability of occurrence of money laundering or terrorist financing" ( http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/podatki_o_transakcijah_38_clen_zppdft/) ( http://www.uppd.gov.si/fileadmin/uppd.gov.si/pageuploads/NAKAZILA/Arhiv/nakazila_06012014.xls - the most current list) In it we find this: 5496 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5495 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5494 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5493 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5492 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND. BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5491 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5490 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 49 888 840 5489 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5449 04.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND EMERGING BERMUDA, HM DX HAMILTON, MALTA 999 099 5397 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5396 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5395 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 604 937 5394 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 26.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 25.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 So only in december those guys cashed out ~€11,6 million euro - and if we add late november we are at €13,6 million - about $16million dollars. There are no other possible candidate in that list. So if it's not Exante (bitcoin-fund) then bearwhale didn't withdraw to fiat.
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aztecminer
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October 29, 2015, 02:30:28 AM |
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Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it. Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students: https://youtu.be/hw00mtT9cLg "Rich cloud infrastructure" "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19) Another interesting interview made last month (get to know Microsoft and their future vision further): https://www.youtube.com/watch?v=8BourVzXU5o (starts talking about power of AZURE at 7:00) Paris Microsoft Enterprise group meeting interview: https://www.youtube.com/watch?v=LQ8Hiss2EkE - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future. MICROSOFT AZURE CLOUD VIDEO: https://youtu.be/JJ44hEr5DFEThis all has to do with Bitcoin....this will all drive the price of BTC up in turn. Don't you see..its a win win win. The future of BTC is very bright and getting even brighter because of this. kinda doubtful... gold and silver is going to but the bitcoin blockchain blacklists... and the usa is not going to be able to do a dam thing about it except draw our attention away from the failures with another staged fake gun shooting like they did when russia took over syria... russia has taken over the strategic port of crimea, half of ukraine, and now syria since obama became president... and you guys really think that bitcoin, that the usa federal govy pumped so the marshal's can make a couple extra million, is going to be the next reserve currency go run some cold water over your face, wakeup, stop brushing your teeth with flouride and you will start to see more clearly. sorry burst ur bubbles unfortunately i'm not a big fan of bitcoin anymore. i'm exposing the desperation.
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Cconvert2G36
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October 29, 2015, 02:31:26 AM |
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I should've rephrased that as present usage, not theoretical possibilities.
I buy stuff with it. That's what it's for. Private transactions, private holdings. No tracking. If I wanted to buy stuff costing more than a few large, it would not be suitable, but so far my largest purchase was less than 10k US, so no problem. Oh, and it's actually profitable to mine where I live, unlike BTC. You buy stuff with ether? Or you think we were talking about monero? You buy stuff with monero? What's your monkey say about the BTC rally?
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billyjoeallen
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Hide your women
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October 29, 2015, 02:31:56 AM |
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Way out west there was this fella... fella I wanna tell ya about. Fella by the name of [redacted]. At least that was the handle his loving parents gave him, but he never had much use for it himself. [redacted], he called himself "The Bearwhale". Now, "Bearwhale" - that's a name no one would self-apply where I come from. But then there was a lot about the Bearwhale that didn't make a whole lot of sense. And a lot about where he lived, likewise. But then again, maybe that's why I found the place so darned interestin'.
They call Bitstamp the "Stamp of Bits." I didn't find it to be that, exactly. But I'll allow there are some nice folks there. 'Course I can't say I've seen okcoin, and I ain't never been to Bulgaria. And I ain't never seen no Lawsky in his damned undies, so the feller says. But I'll tell you what - after seeing Bitstamp, and this here story I'm about to unfold, well, I guess I seen somethin' every bit as stupefyin' as you'd see in any of them other places. And in Slovenian, too. So I can die with a smile on my face, without feelin' like the good Lord gypped me.
Now this here story I'm about to unfold took place back in the late '2014s - just about the time of our conflict with Putin and the separatists. I only mention it because sometimes there's a man... I won't say a hero, 'cause, what's a hero? But sometimes, there's a man. And I'm talkin' about the Bearwhale here. Sometimes, there's a man, well, he's the man for his time and place. He fits right in there. And that's the Bearwhale, at Bitstamp. And even if he's a lazy man - and the Bearwhale was most certainly that. Quite possibly the laziest in Bitcoinia, which would place him high in the runnin' for laziest worldwide. But sometimes there's a man, sometimes, there's a man. Aw. I lost my train of thought here. But... aw, hell. I've done introduced him enough.
That's some damn fine recollectin', that right there. I've heard tell some yarns, but...boy howdy.
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gentlemand
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Welt Am Draht
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October 29, 2015, 02:37:21 AM |
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A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins.
The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND.
Blimey. I never knew any of that. And I cannae believe that the list is made public. Looks like I'll have to cash out my countless millions with several thousand dust coffee shop deals per day instead.
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Cconvert2G36
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October 29, 2015, 02:38:54 AM |
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A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins.
The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND.
Blimey. I never knew any of that. And I cannae believe that the list is made public. Looks like I'll have to cash out my countless millions with several thousand dust coffee shop deals per day instead. Not on mah digital gold settlement network you won't.
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gentlemand
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Welt Am Draht
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October 29, 2015, 02:41:50 AM |
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Not on mah digital gold settlement network you won't.
Watch it and fume. I am DustWhale. Hear my roar. The small block psychos can kiss my blowhole.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2015, 03:02:37 AM |
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natewelt
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October 29, 2015, 03:12:39 AM |
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Here comes the explosion. 305.55 on stamp
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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October 29, 2015, 03:15:00 AM |
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lol, look at this awkwardly forced push down. poor bears That's not a bear, it's a bull who hasn't finished loading up at the price he wants to pay.
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DieJohnny
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October 29, 2015, 03:20:26 AM |
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Here comes the explosion. 305.55 on stamp
I just think we are too early for major rally.... go ahead and prove me wrong satoshi
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billyjoeallen
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Activity: 1106
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Hide your women
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October 29, 2015, 03:24:32 AM |
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Not on mah digital gold settlement network you won't.
Watch it and fume. I am DustWhale. Hear my roar. The small block psychos can kiss my blowhole. Quality post coming back. Bullish. A million dollars worth of leveraged longs closed. Excellent. It explains why BFX is slightly below Stamp, but it's also a million less in leverage that would get force liquidated in a long squeeze. Shorts are up to 16K BTC, not enough (yet) to fuel a short squeeze. This rally may still have legs.
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Blazin8888
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October 29, 2015, 03:26:59 AM |
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Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it. Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students: https://youtu.be/hw00mtT9cLg "Rich cloud infrastructure" "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19) Another interesting interview made last month (get to know Microsoft and their future vision further): https://www.youtube.com/watch?v=8BourVzXU5o (starts talking about power of AZURE at 7:00) Paris Microsoft Enterprise group meeting interview: https://www.youtube.com/watch?v=LQ8Hiss2EkE - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future. MICROSOFT AZURE CLOUD VIDEO: https://youtu.be/JJ44hEr5DFEThis all has to do with Bitcoin....this will all drive the price of BTC up in turn. Don't you see..its a win win win. The future of BTC is very bright and getting even brighter because of this. The future is approaching fast my friends.... Stack those bitcoins now...and stack those Pyramids. (aka ETH)
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Cconvert2G36
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October 29, 2015, 03:32:10 AM |
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Yeah this ETH spam sure hasn't overstayed its welcome... pump ended 8 hrs ago.
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aminorex
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Sine secretum non libertas
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October 29, 2015, 03:32:14 AM |
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I don't see a reason why it should not continue to exceed my expectations during the rest of the week. I had might as well up my stake.
Huh? You see no reason why it won't exceed your expectations? You expect your expectations to be exceeded? How does that work? It's called hasty induction. Having seen that I was wrong, I conclude that I will be wronger. In real life I don't usually bet on it, because error bars. But hey, this is bitcoin. It's working for 30 bp so far.
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wutizurkwest
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October 29, 2015, 03:38:14 AM |
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I see the market finally made up its mind. We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected. Finally pushed through, paused at 2005, now seeing 2015-2020. Where is the next major resistance, chart gurus?
What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC. It's less than a percent, maybe enough that withdrawal fees are to blame. But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in. The last time I noticed a consistent spread between exchanges was with Gox. I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.
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billyjoeallen
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Hide your women
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October 29, 2015, 03:48:40 AM |
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I see the market finally made up its mind. We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected. Finally pushed through, paused at 2005, now seeing 2015-2020. Where is the next major resistance, chart gurus?
What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC. It's less than a percent, maybe enough that withdrawal fees are to blame. But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in. The last time I noticed a consistent spread between exchanges was with Gox. I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.
Good observation, Newbie. If coins were being moved out of China, (to fund a ponzi or to evade capital controls) we would expect to see a differential like this. After all, what good is Chinese fiat on a Chinese exchange good for (to us) except to buy coins back when the spread is smaller?
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Room101
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Rules not Rulers
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October 29, 2015, 04:00:01 AM |
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Stopped paying any attention to BTC for a few months, nice to see my stash is back on the up and up. Need to buy a whole heap of PC gear when i visit USA in Jan, so please feel free to double bitcoin.
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