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

[coinableS]

500 BTC buy wall up at finex again. It's been happening all day.

Yet another reason why a crash is impending. I mean, now there's really, really no justification for the price to go down at all. Ergo, it's obviously going down.

Yes, I'm bored.

That wall is slowly getting eaten. I bet they pull it soon.

[BlindMayorBitcorn]

how much will it cost to buy you out?

I might be able to go as far as six speculations, maybe more tomorrow. You take skrill?

[lyth0s]

Bitcoin anonymity undermined:
https://www.cryptocoinsnews.com/luxembourg-researchers-unmask-bitcoin-users/

 It seems safe to assume Tor is broken now.

erm did I miss something?

I second this question.

The article merely explains how the paper explains how bitcoin nodes can be pushed from tor and forced to connect through clearnet by triggering DOS protection against the tor gateway IPs.

Doesn't imply tor is broken at all.

btw: there's still a simple way to hide your IP when making a transaction: Hide in the mass of people using the same electrum (or obelisk, or ...) server. Yes, you have to trust the server operator to not store your IP or to not give it out. If you can't bring yourself to do that, just run your own server and get other to use it.

Or just create the transaction and sign it and create the raw transaction. Then using a proxy or VPN broadcast it with blockchain.info web interface (you could even go to a free public wifi 200 miles away if you're paranoid)

https://blockchain.info/pushtx

Shit sounds pretty easy to me...

[Bitcoins101]

Bitcoin anonymity undermined:
https://www.cryptocoinsnews.com/luxembourg-researchers-unmask-bitcoin-users/

First sentence: "One of the stated strengths of Bitcoin has, from the beginning, been its ability to provide anonymity and a sense of security on the same level that cash transactions do."

Bitcoin was never designed to be anonymous. However it remains trivial to use it in such a way as to hide your IP if you are so inclined. It seems safe to assume Tor is broken now.

Tzupy you are going to need to bring some world class FUD to move the price before the auction

So, let's get this straight - by exploiting a "vulnerability" in regards to Bitcoin, a Tor user may connect with his underlying IP address.

How does that equal "Tor is broken"?

Tor was never meant to be a seamless way to use the Internet anonymously. Tor does not protect against stupidity and poor implementations of Tor.

[noobtrader]

500 BTC buy wall up at finex again. It's been happening all day.

Yet another reason why a crash is impending. I mean, now there's really, really no justification for the price to go down at all. Ergo, it's obviously going down.

Yes, I'm bored.

 


ok... you should short the market then ?
why waiting... sell everything and short the market.

 

[ChartBuddy]

Explanation

[J3VVL]

http://assets.diylol.com/hfs/de5/4c4/01b/resized/too-damn-high-meme-generator-the-speculation-is-too-damn-high-99fe2d.jpg

how much will it cost to buy you out?

I might be able to go as far as six speculations, maybe more tomorrow. You take skrill?

food stamps and shiny rocks

https://www.youtube.com/watch?v=zwRFbbX5rz0

[YogoH]

defibrillator stat, the bitcoin is dead

[lyth0s]

Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know?

Do you have the link of this reddit post? I can't seem to find it.

[ChartBuddy]

Explanation

[shmadz]

Thank you Odalv.

This is the greatest thing I've seen in weeks.

I'm going to print it out and post it above the coffee machine at work
 

[shmadz]

Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know?

Do you have the link of this reddit post? I can't seem to find it.

I'm just hoping that the entity running the bot will sell in the same fashion if the price begins to rise too rapidly.

Welcome to the era of stability?

[ChartBuddy]

Explanation

[coinableS]

Whoever is operating the bot has accumulated 1750 coins already apparently and according to a redditor is throttling the purchases to prevent it moving the price upwards. We are still four days away from the auction. What does someone know?

Do you have the link of this reddit post? I can't seem to find it.

http://www.reddit.com/r/BitcoinMarkets/comments/2nterc/daily_discussion_sunday_november_30_2014/cmgp5a0

http://www.reddit.com/r/BitcoinMarkets/comments/2nterc/daily_discussion_sunday_november_30_2014/cmgz0wx

http://www.reddit.com/r/BitcoinMarkets/comments/2nterc/daily_discussion_sunday_november_30_2014/cmh21bk

[bclcjunkie]

Blitz what bot are you referring to? if it's the willy clone then it has to be one of the well established exchanges otherwise no one is going to buy the trick.. if it's the normal bot where's all the liquidity going to come from? i don't think we're going to have a mtgox repeat in near future, most of the exchanges are doing quite well and even passed audits, so it's sideways and a lousy pump to perhaps 900s...

Stolfi, noone can stop the pump bots. Given the lack of laws in this area, it is inevitable that Bitcoin will be manipulated to new highs, even if it doesn't get there legitimately.

[podyx]

Rally time??

[Davyd05]

Rally time??

looked and saw a green dildo forming

[spooderman]

Nice

[lyth0s]

Now there is a 0.501 bot buying about every 20 seconds on Bitstamp. I'm assuming the purchaser swapped exchanges due to the price difference.

Edit: Nevermind, it was just turned off

[epilido]

Comments

Note that BTC-e was below the MtGOX/Bitstamp reference most of the time. Also, except at the opening in April 2013, Bitfinex has always been
always almost identical to Bitstamp.

The BTC:CNY prices in BTC-China and OKCoin were quite close, except for a couple of weeks after OKCoin opened on 2013-06-12.  However, both varied significantly relative to the MtGOX/Bitstamp reference.

Specifically, the price in China was significantly higher than normal during the ascending phases of the bubbles that peaked on 2012-06-01,
2012-10-01, 2013-04-09, 2013-11-29.  The Chinese prices sharply dropped in the descending phases of those bubbles, particularly around 2013-06-01 and 2013-12-20. This behavior is consistent with the theory that those bubbles were created by the opening of markets in China, and markets outside China struggled to follow.

On the other hand, the prices at BTC-China were higher than normal also from 2011-07-01 to 2012-01, and around 2013-06-15, when the price was falling. That may indicate that those drops of the price were due to loss of demand (or increased offer) outside China, and BTC-China lagged behind.

A clear informative post with out excess speculation or seemingly an ax to grind.  Worthy of someone in your position keep them coming just like that.

Thank you