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

[oda.krell]

Guys, we need to leave Dorian alone so he can get back to CCing his MFing trains.

Seriously. I don't understand the fascination. The dude clearly wants to be left alone.

So what?

Look, I understand the Newsweek article is pretty shite, but just because some/many of us are kind of big into privacy doesn't mean that nosing around in business that isn't ours isn't a deeply human desire.

And I'm completely serious: on a rational level, I agree with you. But the undeniable monkey brain part of me *is* wondering who is SN, and wants to see him interviewed and photographed.

So I can't act all surprised that the media tries to do just that, if I can see that desire to have him revealed inside myself.

[hdbuck]

Guys, we need to leave Dorian alone so he can get back to CCing his MFing trains.

Seriously. I don't understand the fascination. The dude clearly wants to be left alone.

[micalith]

Guys, we need to leave Dorian alone so he can get back to CCing his MFing trains.

Seriously. I don't understand the fascination. The dude clearly wants to be left alone.

 

[JayJuanGee]

I don't understand the meaning of 143 million days destroyed... ...?  What could that mean...?   I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?

the way you have been throwing your weight around in here lately I expected better

I have little weight to throw around.   

[dreamspark]

Big bid wall just removed from $620.

[kkaspar]

It will probably go to 600, then bounce back to 620 because many think that this was "just to test 600", and then back to 600 and below because no one still wants to buy. Slow downfalls caused by denial are the most boring kind..

[JayJuanGee]

it is a tough thread to keep up with, you got an avatar, you get a pass

How do I get an avatar?

[machasm]

Just read some of Nick Szabo's writings in his blog.  One thing I can see is that he is brilliant in many different areas.  His paper on Bit Gold is truly fascinating. http://unenumerated.blogspot.com/2005/12/bit-gold.html 

I think it would be in all of our best interest to just let "Satoshi" remain anonymous though.  If for whatever reason he values his anonymity more than the "bit gold" he created, we need to give him that at least out of respect.  Of course I am curious who this person is.  It is human nature to be that way, but I think the entire Dorian Nakamoto media frenzy should further cement the real Satoshi's desire to stay out of the limelight.  It just isn't worth a free sushi lunch.

Fascinating article. Seems he was thinking of Bitcoin around the time it was invented! Could this be SN??? :-)

[Loozik]

By the way, if you find it hard to believe that a man in the situation of Dorian Nakamoto could invent bitcoin and not cash out a single coin: check Grigori Perelman, who settled the Poincaré Conjecture and then turned down the Fields Medal and a 1,000,000 US$ prize:

https://en.wikipedia.org/wiki/Grigori_Perelman
http://brettforrest.com/articles/shattered-genius/

I too think it is him.

I do not think it is him at all.

By ''him'' I meant Perelman. I have been having this thought Satoshi is Perelman for a few months after I watched a documentary on Perelman.

[Walsoraj]

Satoshi = John Titor.

[kkaspar]

By the way, if you find it hard to believe that a man in the situation of Dorian Nakamoto could invent bitcoin and not cash out a single coin: check Grigori Perelman, who settled the Poincaré Conjecture and then turned down the Fields Medal and a 1,000,000 US$ prize:

https://en.wikipedia.org/wiki/Grigori_Perelman
http://brettforrest.com/articles/shattered-genius/

I too think it is him.

I do not think it is him at all.

By ''him'' I meant Perelman. I have been having this thought Satoshi is Perelman for a few months after I watched a documentary on Perelman.

Doubt that Perelman would create bitcoin with a system, where half of the coins come in 5 years and other half in about 120. This was not created in keeping fair balance in mind, but to have a strong starting momentum and rapid initial growth. Perelman has been more idealistic then that.

[AlexGR]

Satoshi = John Titor.

You are close, in a way. Satoshi is, "somewhat" of a time traveler, bringing the future protocols of humanity's modus operandi to this day and age.

[elasticband]

Satoshi was hal finney.

[JayJuanGee]

As I wrote that it is absurd that we were going up, everybody was bashing on me and was writing "to the moon" 

Now we go down and these morons are silent.

Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.

Surely we are all making estimates about what to do based on our information and knowledge.. .and sometimes based on what others say. 

In my thinking it is pretty unlikely that you are fucked at that $685 buy-in price, unless you sell and lock in your losses  then you would be fucked.  My average buy in price is around that same amount and I am NOT worried (but I only have invested about half that amount, so far, and my investments are diversified.... into other things as well.... so I am prepared to lose all, if things were to go too sour). 

Anyhow, I am buying more BTC if the price goes into the $500s, which may be soon... but I only buy in small increments.. maybe 1 BTC at a time, or less.  if the price goes lower, I will buy more.. but I also have a buy budget... only a certain amount at a time. 

I'm NOT selling or considering selling based on the news that I have NOW in front of me (unless I know for sure the price is going further down by like 10% from my sell, then I may attempt to increase my holdings buy buying back in at the lower price).  At this time, I expect that if I were to sell, then the price would reverse and start to go back up. 

Also, I expect within a week or so, we should be back into the upper 600s... and within a couple of weeks.. maybe stretching out into the 1 month time frame we should be between 750 and 850 area....

Of course, I could be wrong... and that wouldn't be the first time... .. so we each need to go with our gut and our risk profile and our current diversification of investments to make our decisions.

[BitChick]

Satoshi was hal finney.

Nick Szabo mentions Hal Finney in his "Bit Gold" blog written in 2008

Hal Finney has implemented a variant of bit gold called RPOW (Reusable Proofs of Work

Source: http://unenumerated.blogspot.com/2005/12/bit-gold.html

[jojo69]

it is a tough thread to keep up with, you got an avatar, you get a pass

How do I get an avatar?

you had to have one uploaded before the hack

[UnDerDoG81]

As I wrote that it is absurd that we were going up, everybody was bashing on me and was writing "to the moon" 

Now we go down and these morons are silent.

Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.

Surely we are all making estimates about what to do based on our information and knowledge.. .and sometimes based on what others say. 

In my thinking it is pretty unlikely that you are fucked at that $685 buy-in price, unless you sell and lock in your losses  then you would be fucked.  My average buy in price is around that same amount and I am NOT worried (but I only have invested about half that amount, so far, and my investments are diversified.... into other things as well.... so I am prepared to lose all, if things were to go too sour). 

Anyhow, I am buying more BTC if the price goes into the $500s, which may be soon... but I only buy in small increments.. maybe 1 BTC at a time, or less.  if the price goes lower, I will buy more.. but I also have a buy budget... only a certain amount at a time. 

I'm NOT selling or considering selling based on the news that I have NOW in front of me (unless I know for sure the price is going further down by like 10% from my sell, then I may attempt to increase my holdings buy buying back in at the lower price).  At this time, I expect that if I were to sell, then the price would reverse and start to go back up. 

Also, I expect within a week or so, we should be back into the upper 600s... and within a couple of weeks.. maybe stretching out into the 1 month time frame we should be between 750 and 850 area....

Of course, I could be wrong... and that wouldn't be the first time... .. so we each need to go with our gut and our risk profile and our current diversification of investments to make our decisions.

I know, normaly I would not panic because I bought in november for 14k @780 and was chilled all the time. But now I´m only worried becaude of these hundrets of thousands of Bitcoin movements from the wallets since yesterday. So I was a bit in panic mode.

[ShroomsKit_Disgrace]

Satoshi being Hal Finney has more sensa than any other stupid theory.

That valuable man is so f**ed with his disease and could not help the community actively since 2011. Hereby he stopped his activity in bitcoin.

[Walsoraj]

https://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp

https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

Why is the total bid sum different? Does Stamp have multiple API, spitting out conflicting data?

[Davyd05]

btw panic is the worst decision making tool