Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

[Walsoraj]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

[Its About Sharing]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

Instead of Ubuntu doing Ubuntu4Android (with their cell phones), they should write their own Cell phone OS. Basically, just a scaled down Linux.
The only hope we as people have is something open.

IAS

[ArticMine]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

Instead of Ubuntu doing Ubuntu4Android (with their cell phones), they should write their own Cell phone OS. Basically, just a scaled down Linux.
The only hope we as people have is something open.

IAS

They have it is called Ubuntu Phone. http://www.ubuntu.com/phone however Ubuntu for Android will force the Android part to be open because of all the third party GPL v3 code in Ubuntu. A (GNU, Android or both) / Linux based phone OS, where the end user controls root will allow the end user to lock out the manufacturer and the telco and consequently any government or third party snoops. This does not affect the fundamental security of Bitcoin, other than the end user should run Bitcoin on a secure OS where the end user is the only person in control.

[ChartBuddy]

[Walsoraj]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

[Walsoraj]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/cryptography@metzdowd.com/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

[telemaco]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/cryptography@metzdowd.com/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

my posts too. Seems being an oracle gives the ability to discern between the thousand of "rat in coke can" schemes around the world and "knowing" like your own hand what is really happening/true/fact and what are just rumours/whispers.

[ChartBuddy]

[telemaco]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/cryptography@metzdowd.com/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

my posts too. Seems being an oracle gives the ability to discern between the thousand of "rat in coke can" schemes around the world and "knowing" like your own hand what is really happening/true/fact and what are just rumours/whispers.

What can I say?

I am a centre of pestilence.

Not true, you have absolutely useful opinions and threads that simply one need to read. Just a lower a bit the "I knew it" button when the others also talk and you will be become the greatest oracle ;-)

Cheers,

[ChartBuddy]

[telemaco]

Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/cryptography@metzdowd.com/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

my posts too. Seems being an oracle gives the ability to discern between the thousand of "rat in coke can" schemes around the world and "knowing" like your own hand what is really happening/true/fact and what are just rumours/whispers.

What can I say?

I am a centre of pestilence.

Not true, you have absolutely useful opinions and threads that simply one need to read. Just a lower a bit the "I knew it" button when the others also talk and you will be become the greatest oracle ;-)

Cheers,

Well then, If I may knock myself down from the pinnacle of oricality, I'll keep my tinfoil hat on a bit longer...

Snowden is a tool. In my considered opinion the Snowden revelations are part of an operation to bludgeon the corporate world, along with the general public into investing resources into actual, effective IT security. The NSA has a stake in protecting their charge against rival gangs. And, although I think it is a mistake to equivocate on security to this end they are attempting to calibrate their advantage.

It might very well be the truth. Just some Sun Tzu "confuse your enemy" thinking. It would give everybody the idea that they need to increase their defenses. But thinking on the possibility that what they know it is not true and its just a bluff maybe they want to do the opposite, that is discourage everyone from even trying to avoid NSA, and stop being diligent on your own security. Most people don't know too much about computer security and even if they do, the revelations show a huge enemy to beat, so they will just surrender and say, "be it", if you use computers, then there is no privacy why i am going to follow those huge security procedures if they are already in, by hardware, at network level (IP v6), by OS, by force, by keylogger, by the very own software you use. Why lose so much time? Many people will think that and abandon themselves to the "maybe truth" that they have just won.

Also there seems to exist indeed an interest in the USA agencies to reduce the people privacy and that is one of the reasons why CIA investing companies invested in google and in facebooks (the second being a declared paradigm of antiprivacy). What was their reaction to Zimmerman PGP, their export limitations for encryption over 128 bits and many more?. They indeed want to know everything like the "Awareness" agency name suggests.

One thing is true, and this is that the computer and internet industry has received a huge kick in their balls. American companies relying on "the cloud" aswell as those relying on "security" (and probably technology manufacturers whose products won't be seen as innocent as have been seen up to now) are being seen now like pure fraud all over the world and they are loosing billions and billions on contracts. Again, some might say "I alrady knew it". I would say, you "suspected something" in the lines of the thousand of rumours around the world everywhere. But with this revelations (if true) show that they are indeed doing it.

So, did they encourage Snowden to go into the air with those documents, hurting hugely their own computer/internet industry trying to follow the path to get everybody into a higher security? Could be.
Maybe, knowing that they already controlled those companies they could have just issued some laws to encourage much more secure policies in facebook, google, etc and those would have been just followed by the users all over the world (like when lately most companies have started relying in 2-step authentication) without destroying or putting in severe risk their whole own IT industry. I think Google, Apple, Yahoo, etc are indeed not happy. They have moved from the colourful letter kindergarten logo (google) to a Stasi machine. Many have abandoned those companies for good.

I think what German officers are trying to do regarding IT security after snowden revelations, might be a good step to follow. Encourage everyone using policies all over the European Union at least not only to increase their software/internet security but do it from the very scratch, designing everything with the highest privacy levels in mind (e.g client based encryption). India is moving apart from US technology, not only they requested to have their own google servers located in their own soil so US law does not apply. They are also asking people to stop using gmail for state storage (Google Apps won't like that). New Zealand and Germany have stopped following software patents aswell (that will help).

So maybe they have managed to get higher security levels but not only in the western world, but all over the world (even China/Russia etc) and also really hitting hard their own IT industry.

[Walsoraj]

24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

[RationalSpeculator]

The coalition of the willing will strike Syria causing the prices of commodities to rise. This in turn will affect energy prices which will lead to an increase in BTC prices.

Bitcoin goes up when new fiat enters the system. This includes when stupid Americans pour money into Gox, erroneously believing that Cyprians will do the same. Bitcoin also goes up when Americans are terrified of Gox's possible insolvency and buy coin to exit.

Americans will not pour money into gox as a result of the Syrian situation because (1) Gox withdrawal issues and (2) too close in time to the previous bubble. The other exchanges are irrelevant. Money doesn't "pour" in like it does to Gox. Bitstamp, etc are used primarily to cash out.

Great post Walsoraj!

[FNG]

24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Are you still butt hurt that you didn't load up in the drop to 60's-70's?

Hope you don't miss you're chance now? Might get lucky and wait until $110 but not likely

[Walsoraj]

24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.

[telemaco]

I think the bid side it going downwards



It might aswell change direction, but last time in the past 15 days was liek you said not because of real incoming money into BTC but just some periodic whales



So for everyone (not puntual whales) it could go down

[ChartBuddy]

[Walsoraj]

24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.

Whale office hours are whenever they choose for them to be.

It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX.

[Walsoraj]

24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.

Whale office hours are whenever they choose for them to be.

It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX.

I think that's what I said.

I dont know what you said, nor do i care. But i do know you disagreed with me and I triumphed in this argument.

Thanks.