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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485126 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. (174 posts by 3 users with 9 merit deleted.)
zyk
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March 03, 2014, 10:30:41 PM

Why did hackers stole 750.000 Bitcoins only from MTgox and did not touch any other exchanges?

What is Karpeles doing at the moment? Can he get out of Japan or is he "arrested" to Japan?

Does somebody know this?

I´m still sure Karpeles stole that coins and say hackers did that. Can he go to jail for the insolvency? or is it really so easy to open up an exchange, let people invest millions and then shut it down? I mean, easy way to get rich!?

They stole bitcoin to buy more dogecoin.

Karp is swimming in dogecoins. We all know this.

Yes, it is easy to build an exchange and steal from customers. I can build you an exchange for the low price of 10,000btc. I know that sounds like a lot, but think about how much you will make over time. Srsly

Never watched the dogecoin charts and I´m not sure if you are serious about this or not!?

I and a lot of people have coins on stamp too and I´m worried that stamp could do the same as gox some day. Even though they are at a leading position at the moment.

You guys seriously think another exchange could have the same problems as Gox? It's coming out now that it was well known Mark was neglecting the code. He had plenty of warnings from people who know what they are talking about. Also, Gox has been sending out a warning beacon since November when fiat withdrawals problems were getting out of control, you will see the same signs with another exchange too. Learn from your mistakes, don't wish the same misfortune on other people.

The most plausible stories about what happened includes MK knowingly trying to drag this thing out since about 2011.. hoping that he would earn back coins that he had lost in 2011 (nearly 1 million coins). 

Accordingly, by the time late 2013 came, MK was utilizing bots and self-dealing with investor coins and well manipulating the whole situation in order to attempt to recover lost coins from 2011.. that he was NEVER able to make up.




OMG..yep very unluckily the poor guy even couldn´t make his pockets whole by halting withdrawls and accepting millions of deposits cause the bug would be  fixed in no time....

even  TBF  said so while selling and the dollars went off-shore!  DUDE your plausabilities suck big time
kkaspar
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March 03, 2014, 10:36:13 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.
ShroomsKit_Disgrace
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March 03, 2014, 10:40:31 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.

STOP pumping auroracoin man! it is so obvious!  Wink
cbutters
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March 03, 2014, 10:40:59 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.
guaranteed that 100% of all cash has been used in some sort of drug exchange at one point or another...
keewee
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March 03, 2014, 10:46:41 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.
guaranteed that 100% of all cash has been used in some sort of drug exchange at one point or another...

http://news.sky.com/story/717485/almost-90-percent-of-dollars-have-cocaine-traces
spike420211
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March 03, 2014, 10:48:49 PM

Hadn't checked Coinbase in 18 hours... was pleasantly surprised just now.
So, what astounding news [besides Gox biting the big 1] have I missed?
gentlemand
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March 03, 2014, 10:49:30 PM

No idea. Perhaps someone out there does know something

 https://twitter.com/niccary/status/440598582551674880
Richy_T
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March 03, 2014, 10:51:06 PM

Here we go?

Most people make the Joker reference here but I prefer Mike Goldberg, UFC announcer.
https://www.youtube.com/watch?v=y4sdZN7blfE

Meh, it might be a little obscure but I'm tempted to go with Will Smith.
kkaspar
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March 03, 2014, 10:51:33 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.
guaranteed that 100% of all cash has been used in some sort of drug exchange at one point or another...

Well, but cash isn't like bitcoin isn't it. Cash wasn't introduced with decreasing supply, where drug trade was the main market engine, while half of the coins came out in couple of years, with the rest coming in a period that is over hundred years Wink
Bitcoin was designed mainly to reward early adopters and have a strong starting momentum by this. Most of the early adopters with bitcoin are in all probability different kinds of criminals. That is probably the reason why there are so few "whales" who like publicity.
hdbuck
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March 03, 2014, 10:52:49 PM

No idea. Perhaps someone out there does know something

 https://twitter.com/niccary/status/440598582551674880
soo.. was today an..
...insider trading?!   Shocked  Grin
gentlemand
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March 03, 2014, 10:55:29 PM

I think every day is insider trading, but maybe today more than average.
cbutters
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March 03, 2014, 10:56:26 PM

No idea. Perhaps someone out there does know something

 https://twitter.com/niccary/status/440598582551674880
soo.. was today an..
...insider trading?!   Shocked  Grin
Feels like it probably was.... problem is, insider trading with bitcoin is not illegal... :S

Also... btc-e and houbi moving up even without bitstamps consent?
porcupine87
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hm


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March 03, 2014, 10:57:52 PM

EuroTrash
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March 03, 2014, 11:00:13 PM

No idea. Perhaps someone out there does know something

 https://twitter.com/niccary/status/440598582551674880
soo.. was today an..
...insider trading?!   Shocked  Grin

Hence tomorrow it's "sell the news" day?
seldon
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March 03, 2014, 11:01:00 PM



Nice!
gentlemand
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March 03, 2014, 11:02:36 PM

No idea. Perhaps someone out there does know something

 https://twitter.com/niccary/status/440598582551674880
soo.. was today an..
...insider trading?!   Shocked  Grin

Hence tomorrow it's "sell the news" day?

I've never quite understood this phrase. I assume you're not supposed to sell on good news or am I missing something?
Erdogan
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March 03, 2014, 11:03:34 PM

more seriously,
i suggest you guys go have a look there:

-> https://bitcointalk.org/index.php?topic=83794.0#post_toc_2

In the future, when people start to question who owns most of the existing bitcoins, then better hope that there is another popular coin out there so you don't have to just withdraw fiat and game over. When people start to look into the amount of drug trade that went on with bitcoin in the past, and the amount of coins that have been reported stolen, then they will realize an important question: How to know if the criminal world isn't owning most of the coins in existence? People will question if investing new money into bitcoin isn't just filling the pockets of criminals who sold drugs and stole from others in the past. And then there will be one answer, that it's safer to start all over on a new platform that is not that suitable to the criminal element.
guaranteed that 100% of all cash has been used in some sort of drug exchange at one point or another...

Well, but cash isn't like bitcoin isn't it. Cash wasn't introduced with decreasing supply, where drug trade was the main market engine, while half of the coins came out in couple of years, with the rest coming in a period that is over hundred years Wink
Bitcoin was designed mainly to reward early adopters and have a strong starting momentum by this. Most of the early adopters with bitcoin are in all probability different kinds of criminals. That is probably the reason why there are so few "whales" who like publicity.

We will be hearing this for years and it can get hot, but no, there will be no successful slavecoin.
cbutters
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March 03, 2014, 11:03:46 PM


Days between april $259 ATH  and $63  low before the next rise: 87
Days between dec $1169 ATH and $400 low before the next rise: 87
Mythul
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March 03, 2014, 11:08:54 PM

What an incredible day!
JorgeStolfi
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March 03, 2014, 11:11:02 PM

Checking the Chinese Slumber Method predictions for Mar/03

It seems that the Baron pulled too hard on his bootstraps today Wink:

Prediction posted on: Monday 2014-03-03, 02:35 UTC
Prediction was valid for: Monday 2014-03-03, 19:00--19:59 UTC

Huobi's predicted price: 3400 CNY
Huobi's actual price (L+H)/2: 3825 CNY
Error: 425 CNY (~69 USD)

Bitstamp's predicted price: 556 USD
Bitstamp's actual price (L+H)/2: 671 USD
Error: 115 USD

It must be said however that the trade volume Vh in the official Slumber hour (19:00--19:59 UTC) was 12.6 kBTC, whereas the total volume Vd for the day is unlikely to exceed 400 kBTC. Therefore, the prediction is not supposed to apply anyway becuse this was a False Slumber Point.

The Huobi prediction in question is the rightmost blue rectangle on the chart below.  The light blue-gray rectangles are the previous predictions.  The orange and grey dots are the True and False Slumber Points, the mean Huobi prices at 19:00 UTC every day.  The orange line is the trend that was assumed for the prediction.


The following chart shows the Bitstamp prices and predictions. The orange and grey dots are Huobi's prices at 19:00 UTC every day, divided by R = 6.12.  The orange line is the trend used in the prediction, which is Huobi's trend divided by R (6.40 for Feb/07--09, 6.12 for all other times).


The ratio of Huobi's price to Bitstamp's price was about 5.7, much lower than the usual R = 6.12.
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