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

[mymenace]

Well, http://api.bitcoincharts.com/v1/csv/mtgoxUSD.csv.gz is available (but due to the sheer size hard to query) so I thought it'd be a bug or something? You are right thought that http://api.bitcoincharts.com/v1/trades.csv?symbol=bitstampUSD is still working.

I'm interested on precise old mtGox data because mtGox dictated the market price in early (up until 2011 at least) years and I want to analyze the data. Starting 2012 I can switch to Bitstamp I guess but a shame to not have access to the data before that.

Does seem like a bug. Working directly with the csv shouldn't be so bad though? I would've thought pulling data from that would be faster than http get requests.

dont know if this helps but charts on all bitcoin activity from day one


USD Makret
https://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=


All charts circulation, capitalization etc
https://blockchain.info/charts

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[valta4065]

Year of the rooster, not chicken

Indeed.
There is a cock of difference.
I wouldn't have the balls to confuse the two.

[bitebits]

Which of the below you think is more true?

1. When the price is kept just above $900 you fear it will drop into the 800's.
2. When the price is kept into the high $800's you fear it will go into the 900's.

I think the first over the second. This could be a little whale psychology: whale(s) accumulating vs. whale(s) exiting.

[0xfff]

Which of the below you think is more true?

1. When the price is kept just above $900 you fear it will drop into the 800's.
2. When the price is kept into the high $800's you fear it will go into the 900's.

I think the first over the second. This could be a little whale psychology: whale(s) accumulating vs. whale(s) exiting.

When price is > 650 I fear it will crash
When price is < 600 I buy buy buy

Very simple. I think btc isn't worth $800 or even $900. I do like seeing moon rocket though. Good fun 

[European Central Bank]

600 is just as arbitrary a figure as 900. it's worth whatever anyone's willing to sell for and someone else is willing to buy. the price is 95% hot air anyway.

[bitebits]

Which of the below you think is more true?

1. When the price is kept just above $900 you fear it will drop into the 800's.
2. When the price is kept into the high $800's you fear it will go into the 900's.

I think the first over the second. This could be a little whale psychology: whale(s) accumulating vs. whale(s) exiting.

When price is > 650 I fear it will crash
When price is < 600 I buy buy buy

Very simple. I think btc isn't worth $800 or even $900. I do like seeing moon rocket though. Good fun  

I consider your gut feeling as well falls under point 1: you are more bearish when the price is in the $900's than in the $800's.

Good.

[valta4065]

600 is just as arbitrary a figure as 900. it's worth whatever anyone's willing to sell for and someone else is willing to buy. the price is 95% hot air anyway.

Agreed here.
It's true for pretty much anything but it's REALLY TRUE for bitcoin.
Material things have a clear and defined utility. There is some kind of internal values for objects.
But btc? It's just... An idea. It worth nothing more than what people are willing to pay for this idea.

[gembitz]

600 is just as arbitrary a figure as 900. it's worth whatever anyone's willing to sell for and someone else is willing to buy. the price is 95% hot air anyway.

Agreed here.
It's true for pretty much anything but it's REALLY TRUE for bitcoin.
Material things have a clear and defined utility. There is some kind of internal values for objects.
But btc? It's just... An idea. It worth nothing more than what people are willing to pay for this idea.

^a REVOLUTIONARY IDEA that will change the world !!    *be blessed*

[conspirosphere.tk]

But btc? It's just... An idea. It worth nothing more than what people are willing to pay for this idea.

What could be worth the only thing in the universe that the state cannot take from you?

[gembitz]

But btc? It's just... An idea. It worth nothing more than what people are willing to pay for this idea.

What could be worth the only thing in the universe that the state cannot take from you?

^watch i think there is going to be a major shakeup of bitcoin this year!   *satoshi designed this to be a currency OF THE PEOPLE >>FOR THE PEOPLE.
==> the haters who are now trying to control bitcoin i'm going to laugh at so hard! :-D

[DARKHOLDER]

But btc? It's just... An idea. It worth nothing more than what people are willing to pay for this idea.

What could be worth the only thing in the universe that the state cannot take from you?

^watch i think there is going to be a major shakeup of bitcoin this year!   *satoshi designed this to be a currency OF THE PEOPLE >>FOR THE PEOPLE.
==> the haters who are now trying to control bitcoin i'm going to laugh at so hard! :-D

For my dying hope to 700$ btc!!! Listening https://youtu.be/5RDOny0efzU

[JimboToronto]

Good morning and Gong Xi Fa Cai Bitcoinland, or as they say in Hong Kong and most of Toronto, Gong Hei Fat Choy.

No little red envelopes for us Bitcoiners today so far... still going sideways at $923USD (Bitcoinaverage).

Maybe the year of the Cock will be even luckier than the year of the Monkey. 

[gembitz]

Good morning and Gong Xi Fa Cai Bitcoinland, or as they say in Hong Kong and most of Toronto, Gong Hei Fat Choy.

No little red envelopes for us Bitcoiners today so far... still going sideways at $923USD (Bitcoinaverage).

Maybe the year of the Cock will be even luckier than the year of the Monkey. 

^Bitcoin heading up! ** whereas it's beginning to spark a paradigm shift !! 

[r0ach]

What could be worth the only thing in the universe that the state cannot take from you?

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

[Holliday]

What could be worth the only thing in the universe that the state cannot take from you?

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

The thing that came to my mind immediately is that your family can use that money while you are imprisoned. (On a side note, there are far better methods than a brain wallet to protect your coins from seizure. In fact, most people would break and give up the brain wallet quite easily.)

But anyway, it's really great how you take one of the best properties of Bitcoin and make it look bad in that statement. Like, we should all just give up and embrace the chains...

[HI-TEC99]

What could be worth the only thing in the universe that the state cannot take from you?

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

The thing that came to my mind immediately is that your family can use that money while you are imprisoned. (On a side note, there are far better methods than a brain wallet to protect your coins from seizure.

What methods?

[Holliday]

What could be worth the only thing in the universe that the state cannot take from you?

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

The thing that came to my mind immediately is that your family can use that money while you are imprisoned. (On a side note, there are far better methods than a brain wallet to protect your coins from seizure.

What methods?

The most obvious, some version of: https://en.wikipedia.org/wiki/Shamir%27s_Secret_Sharing

Using that in a certain way, I could limit my own access while providing access to someone I trust completely (immediate family). That way, my money can not be tortured from me, and my family can continue to use those funds to live, provide me with an attorney, flee, etc. when I am imprisoned.

[conspirosphere.tk]

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

to buy anything in the gulag's black market? Maybe a ticket to the outside too.

[HI-TEC99]

What could be worth the only thing in the universe that the state cannot take from you?

If the state has the power to take everything from you, I'm not sure how useful a bitcoin brain wallet is gonna be while you're hammering rocks in the gulag.

The thing that came to my mind immediately is that your family can use that money while you are imprisoned. (On a side note, there are far better methods than a brain wallet to protect your coins from seizure.

What methods?

The most obvious, some version of: https://en.wikipedia.org/wiki/Shamir%27s_Secret_Sharing

Using that in a certain way, I could limit my own access while providing access to someone I trust completely (immediate family). That way, my money can not be tortured from me, and my family can continue to use those funds to live, provide me with an attorney, flee, etc. when I am imprisoned.

Yes, unless enough other members of your family get imprisoned to reveal the private key. If hammering rocks in the gulag/torture is enough to make you reveal a private key, it's probably also enough to make you reveal which members of your family hold a shared secret.

[lightfoot]

Yes, unless enough other members of your family get imprisoned to reveal the private key. If hammering rocks in the gulag/torture is enough to make you reveal a private key, it's probably also enough to make you reveal which members of your family hold a shared secret.

Likewise if they are torturing you for information and you don't have it but they think you do then you will be in for what one could call a "really long night". Better to use steg and a variation of rubber hose to double encrypt keys to two wallets, one with some money to satisfy the torturers, the other with the real money.

Of course torturers could torture everyone further to look for a "second key" but at some point they have to go home for dinner and a good game of Splatoon, so that's kind of self-limiting.

C
(BTDT)