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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 26372159 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.)
adamstgBit
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June 13, 2014, 03:10:00 PM

I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!

http://www.usmarshals.gov/assets/2014/bitcoins/

Quote
This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).

they would of gotten a better price if they had small blocks everyone could bid on.

oh well.

Whales need coins.
1714872124
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Reply with quote  #2

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madmat
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June 13, 2014, 03:12:51 PM

I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!

http://www.usmarshals.gov/assets/2014/bitcoins/

Quote
This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).

they would of gotten a better price if they had small blocks everyone could bid on.

oh well.

Whales need coins.

And only US people could bid, as you need to send the deposit from a US bank.
sickpig
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June 13, 2014, 03:17:19 PM

Sorry if OT, but with all the mining pool discussions...

Greetings Eligius miners,

So, after some investigation over the past month or so, it turns out a couple of clients/addresses were involved in a “block withholding attack” against Eligius which has cost us an estimated 300 BTC, and likely miners of other pools as well. A block withholding attack is where a miner submits low difficulty shares but does not submit block solutions— so they appear to be working for the pool and continue to get paid while not actually doing useful work for the pool.
[...]

as a side effect this attack could have magnified ghash mining centralization problem lowering the number eligius's solved blocks
Richy_T
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June 13, 2014, 03:19:26 PM

Now Bitcoin isn't trustless anymore. That's unfortunate.
Yeah true, so much true now sodl and gtfo, go play with wow gold.
You are agressive, your life must sucks, I am sorry for you, I hope you will do better in the future.
Oh I'm sorry did I scared you, I'm sorry I didn't mean to scare you, I'm not aggressive in nature, sorry again. So this is your 1st 51% incident is that true?
That's not because it's not the first time that it's not very serious. Peter Todd is worry too: http://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/

Bitcoin cannot grow worldwide if its faith depend on the hypothetical good behavior of some human beings, the stakes are too high to afford to trust somebody.

So as I understand it from what you write the smart thing to do is to sodl nau and gtfo is that right?
The smart thing to do is to admit there is a problem and search for a solution.
You don't think my solution is plausible?
That's not qualify as a solution in my book.
So... much ado about nothing...

Solution is to run away from ghash.io and not be to greedy for couple of extra bucks from theirs no fee and merged mining.
A solution that involved the need for human beings to not be greedy is not a viable and realistic solution.

Ah yes u are right stupid me . People cant not be greedy LOL .

Damn this conversation should be in a philosophy text somewhere.
I'm not sure the Socratic style is still appealing nowadays.

Such quoting.
quoting such quotes

Yo dawg I heard you like quotes so I put a quote in your quote so you can quote while you quote.

I don't like quotes but I like my BTC +600.
Cascade!!!
Richy_T
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June 13, 2014, 03:21:19 PM

I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!

http://www.usmarshals.gov/assets/2014/bitcoins/

Quote
This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).

they would of gotten a better price if they had small blocks everyone could bid on.

oh well.

Whales need coins.

Anyone planning some group buys?
Parazyd
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June 13, 2014, 03:22:58 PM

I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!

http://www.usmarshals.gov/assets/2014/bitcoins/

Quote
This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).

they would of gotten a better price if they had small blocks everyone could bid on.

oh well.

Whales need coins.

Anyone planning some group buys?

https://bitcointalk.org/index.php?topic=650229.0
soullyG
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June 13, 2014, 03:29:31 PM

Now Bitcoin isn't trustless anymore. That's unfortunate.
Yeah true, so much true now sodl and gtfo, go play with wow gold.
You are agressive, your life must sucks, I am sorry for you, I hope you will do better in the future.
Oh I'm sorry did I scared you, I'm sorry I didn't mean to scare you, I'm not aggressive in nature, sorry again. So this is your 1st 51% incident is that true?
That's not because it's not the first time that it's not very serious. Peter Todd is worry too: http://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/

Bitcoin cannot grow worldwide if its faith depend on the hypothetical good behavior of some human beings, the stakes are too high to afford to trust somebody.

So as I understand it from what you write the smart thing to do is to sodl nau and gtfo is that right?
The smart thing to do is to admit there is a problem and search for a solution.
You don't think my solution is plausible?
That's not qualify as a solution in my book.
So... much ado about nothing...

Solution is to run away from ghash.io and not be to greedy for couple of extra bucks from theirs no fee and merged mining.
A solution that involved the need for human beings to not be greedy is not a viable and realistic solution.

Ah yes u are right stupid me . People cant not be greedy LOL .

Damn this conversation should be in a philosophy text somewhere.
I'm not sure the Socratic style is still appealing nowadays.

Such quoting.
quoting such quotes

Yo dawg I heard you like quotes so I put a quote in your quote so you can quote while you quote.

I don't like quotes but I like my BTC +600.
Cascade!!!

Standing on the quotes of giants
ChrisML
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June 13, 2014, 03:30:33 PM

In the living fuck, dumping again. LMAO
magicmexican
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June 13, 2014, 03:30:48 PM

retest of 550?
ChrisML
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June 13, 2014, 03:32:14 PM

retest of 550?

hell no. Been there done that. Market ran away from that one very strong.

I think we will be stable at $620 in a day or so.
Parazyd
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June 13, 2014, 03:34:09 PM

33k volume on Bitstamp. Orders filled fast Smiley
Bitcoin_is_here_to_stay
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June 13, 2014, 03:34:35 PM

I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!

http://www.usmarshals.gov/assets/2014/bitcoins/

Quote
This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).

they would of gotten a better price if they had small blocks everyone could bid on.

oh well.

Whales need coins.

And only US people could bid, as you need to send the deposit from a US bank.

You do not have to live in US to have US bank account.
magicmexican
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June 13, 2014, 03:34:48 PM

retest of 550?

hell no. Been there done that. Market ran away from that one very strong.

I think we will be stable at $620 in a day or so.

Usually the 1st "bottom" in a dump is a fake one tho, i can see it going to 500$ without any problems actually.
Bitcoin_is_here_to_stay
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June 13, 2014, 03:35:20 PM

33k volume on Bitstamp. Orders filled fast Smiley

Yeah, any reason for price falling like a rock again? Huobi, too  Huh
dreamspark
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June 13, 2014, 03:35:36 PM

retest of 550?

very likely, at least a test of all the people shouting this is SR crash 2.0 which probably helped the quick bounce back.
adamstgBit
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June 13, 2014, 03:36:26 PM

last wave of panic, buy buy buy!  Smiley
Parazyd
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June 13, 2014, 03:37:05 PM

33k volume on Bitstamp. Orders filled fast Smiley

Yeah, any reason for price falling like a rock again? Huobi, too  Huh

People probably saw this: http://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/

And now the herd is following.
bitgold
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June 13, 2014, 03:37:34 PM

OMG! the sky is falling! sell, sell, sell!
akujin
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June 13, 2014, 03:39:28 PM

570s   Grin Grin
ChrisML
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June 13, 2014, 03:40:10 PM

This is pretty fucking retarted right?

Manipulation of the price? If BTC ever wants to be serious... this shit has to stop.  Smiley
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