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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26409944 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.)
ChrisML
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June 13, 2014, 06:14:59 AM

do we all agree now that we are going down to $500 and $3xx very soon?

LOL, no. What makes you think that?

he is a troll, he lives in his moms basement. Let him be. Ignore.
Parazyd
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June 13, 2014, 06:16:38 AM
Last edit: June 13, 2014, 06:32:02 AM by Parazyd

do we all agree now that we are going down to $500 and $3xx very soon?

LOL, no. What makes you think that?

he is a troll, he lives in his moms basement. Let him be. Ignore.

Done. Phew, I haven't used that one in a while Cheesy


It started happening: https://blockchain.info/double-spends
JayJuanGee
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June 13, 2014, 06:32:42 AM

fuck i gata buy!

 brb


How many coins you got, Adam?  I would've thunk that you had thousands of coins, already.   and you would have largely bought back in in the lower $400s, if NOT lower.

 Cheesy

no... sadly i'm no where near being a bitlionaire

With a June 13, 2011 join date, I'd estimate Adam to have 500 to 1000 coins. But it's really none of our business.




HEhehehehehehe... ... that's what I was thinking, minimum.... ... and it could be our business if we interrogate him, and he chooses to answer us.   Cheesy
Parazyd
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June 13, 2014, 06:38:42 AM

Dear god!



I'm scared. I'm really scared.
Parazyd
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June 13, 2014, 06:41:54 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.
kehtolo
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June 13, 2014, 06:46:35 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

No way one pool should have all that power..they should split it up into 2 or more pools.
Parazyd
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June 13, 2014, 06:50:05 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

No way one pool should have all that power..they should split it up into 2 or more pools.

That's what I was saying since the beginning of this "crisis". I have no idea why didn't they do it already...
Cassius
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June 13, 2014, 06:54:07 AM

Woke up to find my $550 order got filled on Stamp. Looks like I somehow got lucky as the bottom of the candle seems to be around $560.
Any thoughts on volume? Was that our bottom?

Fonzie et al need not reply; I already know what you're going to say.
TERA
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June 13, 2014, 06:57:03 AM

It took about 2 weeks to break that 2 week old trendline and fall.  I think it'll take at least a month or two to break the 2 year old trendline if it does so.

Repeat trendlines with pics please.



something like this
gimme_bottles
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June 13, 2014, 06:58:47 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%.

The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 13, 2014, 07:00:59 AM


Explanation
Parazyd
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Space Lord


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June 13, 2014, 07:01:26 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%.

The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about.

Still it gives a fake sense of safety... I realize we're fucked if GHash.io doesn't do something about this.
ejinte
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June 13, 2014, 07:03:52 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%.

The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about.

Could some miners change their pool?? Like immediately. What's so special about Ghash.IO that they get so many miners connected???
gizmoh
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June 13, 2014, 07:04:11 AM
Last edit: June 13, 2014, 07:17:26 AM by gizmoh

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%.

The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about.

Its a psychological number, the main strength of bitcoin is to be a decentralized system, is now more and more concentrated by a single entity. It shall make headlines!
JayJuanGee
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June 13, 2014, 07:07:30 AM

Woke up to find my $550 order got filled on Stamp. Looks like I somehow got lucky as the bottom of the candle seems to be around $560.
Any thoughts on volume? Was that our bottom?

Fonzie et al need not reply; I already know what you're going to say.


Even the bitcoin wisdom 30 minute candles show that the price on Stamp got down to $550 for three candles in a row.  I was watching the price fluctuations as the candles were forming, and I surely saw a lot of orders filled at $550.
JayJuanGee
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June 13, 2014, 07:11:51 AM

Dear god!

https://i.imgur.com/UsTkUQ0.png

I'm scared. I'm really scared.

Are you gonna sell your coins?


No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.

Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%.

The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about.

Still it gives a fake sense of safety... I realize we're fucked if GHash.io doesn't do something about this.

I thought that the problem with the 51% is the allowing transaction confirmations rather than whether your pool receives a block award... but it has to do with being able to transact with money that you do NOT have to then steal and then to undermine confidence in the network b/c you control the approvals of the transactions.
elebit
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June 13, 2014, 07:13:37 AM
Last edit: June 13, 2014, 08:14:09 AM by elebit

Woke up to find my $550 order got filled on Stamp. Looks like I somehow got lucky as the bottom of the candle seems to be around $560.
Any thoughts on volume? Was that our bottom?

550.0 was the bottom I saw. That was the second drop, the first one bottomed at 550.6 or something. Consider yourself lucky, my order didn't get filled  Sad

edit: fat fingers! 550, not 500...
gizmoh
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June 13, 2014, 07:18:46 AM

Woke up to find my $550 order got filled on Stamp. Looks like I somehow got lucky as the bottom of the candle seems to be around $560.
Any thoughts on volume? Was that our bottom?

500.00 was the bottom I saw. That was the second drop, the first one bottomed at 500.3 or something. Consider yourself lucky, my order didn't get filled  Sad

Lolz

Bottom at stamp: 550.61

ejinte
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June 13, 2014, 07:19:47 AM

Woke up to find my $550 order got filled on Stamp. Looks like I somehow got lucky as the bottom of the candle seems to be around $560.
Any thoughts on volume? Was that our bottom?

500.00 was the bottom I saw. That was the second drop, the first one bottomed at 500.3 or something. Consider yourself lucky, my order didn't get filled  Sad
This is how we know we problaby wont go that deep again.
Regarding silk road coins, if you had around $1.809.000 and bough BTC for it, would you sell them straight away? I don't think so. Anyone buying those coins will be longterm holders.
ErisDiscordia
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June 13, 2014, 07:26:13 AM

I'm happy to hear that the US government has decided to sell 0.1% of all coins which will ever be mined for a couple of million of their own currency. Way less than they keep creating in one day, actually.

Now Uncle Sam, please hurry up with the DPR trial (free him btw!) and sell off the rest of your coins Wink

EDIT: actually looking at the terms of the auction...these coins might just be going from bad to worse hands

Oh, well...it's just 30K BTC  Cheesy
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