Parazyd
|
|
June 11, 2014, 04:03:05 AM |
|
Bitfinex is the new Gox. Almost $10 difference between Stamp and Finex.
|
|
|
|
Bitcoin_is_here_to_stay
|
|
June 11, 2014, 04:04:25 AM |
|
Im commenting on that something seems off at Bitstamp...
3d Bitstamp ->2%, Bfx -<1%, Huobi -<0.5%
Every time the other exchanges rally, there is nothing going on at Bitstamp.. which results in this.
It is new that Bitstamp is below Huobi and about the same as btc-e. If it continues to stay significantly below other exchanges, then I will start to worry, but this is probably just somebody dumping a large stash on Bitstamp. I am wondering about the same - it happened couple of time in the last days. Perhaps Chinese coins being dumped?
|
|
|
|
JorgeStolfi
|
|
June 11, 2014, 04:08:58 AM |
|
Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to generate keys in some popular crypto protocol (https?). The numbers were drawn from a smaller domain than clients expected, making the keys easier to find by brute force.
|
|
|
|
shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
|
|
June 11, 2014, 04:09:38 AM |
|
Im commenting on that something seems off at Bitstamp...
3d Bitstamp ->2%, Bfx -<1%, Huobi -<0.5%
Every time the other exchanges rally, there is nothing going on at Bitstamp.. which results in this.
It is new that Bitstamp is below Huobi and about the same as btc-e. If it continues to stay significantly below other exchanges, then I will start to worry, but this is probably just somebody dumping a large stash on Bitstamp. I am wondering about the same - it happened couple of time in the last days. Perhaps Chinese coins being dumped? I think maybe some people on stamp were a little perturbed by being virtually "frisked" and said "screw you guys, I'm going home" https://www.youtube.com/watch?v=MTc3zcnIZOwstill, going to take down the whole market a bit, we'll see if it can break the channel. *edit - stupid virtex still over 700 *
|
|
|
|
SFHere
Newbie
Offline
Activity: 59
Merit: 0
|
|
June 11, 2014, 04:18:39 AM |
|
Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to generate keys in some popular crypto protocol (https?). The numbers were drawn from a smaller domain than clients expected, making the keys easier to find by brute force. Is this that Dual_EC_DRBG backdoor I've been hearing about?
|
|
|
|
bigdave
|
|
June 11, 2014, 04:20:55 AM |
|
Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to generate keys in some popular crypto protocol (https?). The numbers were drawn from a smaller domain than clients expected, making the keys easier to find by brute force. Is this that Dual_EC_DRBG backdoor I've been hearing about? Its probably this: http://www.infoworld.com/d/data-center/the-new-openssl-flaw-no-heartbleed-243861
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4172
Merit: 4816
You're never too old to think young.
|
|
June 11, 2014, 04:23:24 AM |
|
This is a nice little dip we're having. How low can it go.
LOL "Nice" little dip? Do you mean pathetic bear failure? Nice little bounce back. As always, Bitcoin Bozo bounces back.
|
|
|
|
KFR
|
|
June 11, 2014, 04:28:01 AM |
|
Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to generate keys in some popular crypto protocol (https?). The numbers were drawn from a smaller domain than clients expected, making the keys easier to find by brute force. Is this that Dual_EC_DRBG backdoor I've been hearing about? No. Beware FUD unrelated to Bitcoin. It's not heartbleed but it is related to OpenSSL. Nobody should be using that algorithm now anyway: http://en.wikipedia.org/wiki/Dual_EC_DRBG
|
|
|
|
mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
|
|
June 11, 2014, 04:30:05 AM |
|
Android was OS RND function weakened. but a good crypto collects randomness from many places so it only effected code that relied too much on rnd function. Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to generate keys in some popular crypto protocol (https?). The numbers were drawn from a smaller domain than clients expected, making the keys easier to find by brute force.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 11, 2014, 05:01:01 AM |
|
|
|
|
|
shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
|
|
June 11, 2014, 05:03:12 AM |
|
Android was OS
RND function weakened.
but a good crypto collects randomness from many places so it only effected code that relied too much on rnd function.
I believe Steve Gibson is working on a pretty good approximation of true randomness with his SQRL project. but I think the underlying point is that, if a flaw is found, the system will be rolled back or rebuilt from the ashes, better and stronger than before. I'm not certain about the future of bitcoin in this iteration, but the idea of Bitcoin "is too big to fail" hehe, couldn't resist
|
|
|
|
jl2012
Legendary
Offline
Activity: 1792
Merit: 1111
|
|
June 11, 2014, 05:04:58 AM |
|
With this dump it is looking more and more like it did right before the massive run-up in November. I guess this is a good sign then? How exactly is this dump looking similar to pre-November run up? there was massive bear traps on the way, i know, i fell in every single one. Sorry to break it to you, but one of these is not alike. This formation never occurred in April or November. I really doubt this rally will reach new highs. My personal opinion: Its done. My personal opinion: this is just a pre-rally. It will be followed by a period of stagnation and the real rally to ATH will come
Look at the 1-day RSI chart. The pattern is repeating. If that's true, we should keep raising to 700-ish, stabilize at 600-ish for a month, and the real bubble begins at July.
everybody goes history does not repeat blah blah blah But i agree this biatch certainly is doing a very good impression of the same thing ... Maybe we should say humans repeating their same mistakes or humans not changing their behaviour in the context of (GREED/FEAR) Further zooming out you will see this pattern has happened 3 times in a row Time to revisit this chart. Now the daily RSI had dropped below 70. If the pattern is going to repeat, we will get stable around 650 for at least a month. This will also form a cup-and-handle pattern on the chart.
|
|
|
|
ChrisML
|
|
June 11, 2014, 05:47:56 AM |
|
Or shit will hit the fan and it will rocket through $700. YAY
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 11, 2014, 06:01:12 AM |
|
|
|
|
|
|
ChrisML
|
|
June 11, 2014, 06:39:11 AM |
|
There was this other guy who wired in $50k just days before Gox filed bankruptcy.. never heard of him either.
|
|
|
|
jl2012
Legendary
Offline
Activity: 1792
Merit: 1111
|
|
June 11, 2014, 06:42:24 AM |
|
There was this other guy who wired in $50k just days before Gox filed bankruptcy.. never heard of him either. That guy is back alive. I'm not quoting his name nor profile link for privacy reason
|
|
|
|
ShroomsKit_Disgrace
Legendary
Offline
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
|
|
June 11, 2014, 06:43:14 AM |
|
There was this other guy who wired in $50k just days before Gox filed bankruptcy.. never heard of him either. That guy is back alive. I'm not quoting his name nor profile link for privacy reason He is running an altcoin exchange now!!!!
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 11, 2014, 07:01:01 AM |
|
|
|
|
|
ChrisML
|
|
June 11, 2014, 07:01:10 AM |
|
There was this other guy who wired in $50k just days before Gox filed bankruptcy.. never heard of him either. That guy is back alive. I'm not quoting his name nor profile link for privacy reason Well, I am happy to hear he is alive and well!
|
|
|
|
|