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

[wachtwoord]

I cannot and will not accept a definition that's internally inconsistent. Even if all others in the world do accept it. You're right this may impede communication.

I think at this stage, you need to explain how it is inconsistent and what your definition of "criminal" is.

One of the premisses to call something a crime is that it brings harm to others. Therefore the set of "victimless crimes" is empty: {}.

[nagnagnag2]

108.90003      0.01000000                 
108.90002      0.01000000

Nice one, boots!

[Richy_T]

Governments take advantage of this tendency in order to conflate "criminals" (those who break legislated law) with bad people, "crimes" (breaking their laws) with breaking the very rules that allow society to function, their legislated "law" with natural customary law (http://mises.org/journals/scholar/hasnas.pdf). This semantic obfuscation is as insidious as it is powerful and should be confronted whenever possible, in all fields.

malum in se vs. malum prohibitum

[Richy_T]

Anyhow, I think it is interesting, and thus fun, thus NOT "pointless"!

It's not really useful as what people believe of the near future price will be factored into the current price.

[ChartBuddy]

[Richy_T]

One of the premisses to call something a crime is that it brings harm to others. Therefore the set of "victimless crimes" is empty: {}.

The dictionary and the rest of the world appear to disagree with your use of words. But, of course, you are quite free to wardrobe any crimson that you tarmac.

[phoenix1]

lol imagine drug lords standing around waiting 40 minutes for 6 confirmations before finishing their exchanges.

Haha, fantastic image. Guns held, gangsta-style in one hand, smartphone in the other...

That was the image that came to my mind ... could get pretty tense 

[bitleif]

I cannot and will not accept a definition that's internally inconsistent. Even if all others in the world do accept it. You're right this may impede communication.

Good luck in your fight against the windmills of the entire English language, and the futile attempt to appear smart in the process. Yeah that sounds like productive use of time.

Definitions cannot be right or wrong. Per definition.

[happygeorge]

Yes it would be fun if people were answering these polls under an oath, otherwise it will be a mix of wishful thinking, manipulation and bullshit.

Ahhh, just like THE FREE MARKET!

[rezurect]

What happened to Bitcoinity, down for hours?

[Rampion]

What happened to Bitcoinity, down for hours?

working for me.

check bitcoinwisdom.com, quite nice too.

[ChartBuddy]

[dexX7]

Bitstamp in trouble.

[lucas.sev]

Bitstamp in trouble.

Let's see if gox trades basing on bitstamp

[rezurect]

What happened to Bitcoinity, down for hours?

working for me.

check bitcoinwisdom.com, quite nice too.

shit, been looking at white pages for hours. Purged and it worked. Damn the error page seemed so convincing, contact webmaster stuff.

[EuroTrash]

Bitstamp in trouble.

Can't believe it only takes 120 coins.
This is getting ridiculous.

[rezurect]

Bitstamp: 39 btc to 107 when gox is at 108.

[ChartBuddy]

[Its About Sharing]

Bitstamp in trouble.

I noticed that mini wall there before and didn't think it looked good. Since then the price came down over a buck.

In the grand scheme, Consider we have 3 or 4 exchanges sharing the trading evenly. What happens when only one exchange gets hit hard with a sell for example and drops the price?
Do others follow, are they unaffected, does the original exchange adjust back up, etc?

With all the volume on Gox, it is sort of leading the pack in a variety of ways (psychological influence, price, etc.)

edit - That wall is closer to 700 coins.

[Miz4r]

That wall at 108 looks like manipulation to me. If a person with that many coins really wanted to sell on Bitstamp he would do so by smaller amounts over a period of time. By putting a massive wall there you just scare people away.