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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1805440 times)
oakpacific
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April 10, 2013, 03:48:54 PM
 #20421

Who did you think were the early adopters/programmers/activists of Bitcoin? Kids born with silver spoon in their mouth?

Exactly. US and EU white, male, middle- to upperclass, high school kids.
Not necessarily silver spoon, but shiny metal spoon at least.

It's funny that you mentioned nationality, skin color and gender, while we were talking about economic status.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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Krabby
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April 10, 2013, 03:49:25 PM
 #20422

Those are some hefty walls, 18K till $300? Sad
Someone wants the price down.

900s lag, Jesus.

ManBearPig
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April 10, 2013, 03:52:58 PM
 #20423

And...it's gone.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
crazy_rabbit
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April 10, 2013, 03:53:12 PM
 #20424

Who did you think were the early adopters/programmers/activists of Bitcoin? Kids born with silver spoon in their mouth?

Exactly. US and EU white, male, middle- to upperclass, high school kids.
Not necessarily silver spoon, but shiny metal spoon at least.

Wow. Welcome to early adopters in the 1990's. Things have changed since then. You know, the rest of the world dooz haz komputuhs.

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y2kcamaross
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April 10, 2013, 03:53:32 PM
 #20425

Those are some hefty walls, 18K till $300? Sad
Someone wants the price down.

900s lag, Jesus.
almost 20 minutes lag
crazy_rabbit
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April 10, 2013, 03:53:46 PM
 #20426

And...it's gone.

What? The lag? The Volume? The price? The walls? What man? For Gox sake you can't be so vague!

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DougTanner
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April 10, 2013, 03:55:02 PM
 #20427

18 minute trading lag


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
Krabby
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April 10, 2013, 03:55:21 PM
 #20428

Can you even manipulate in these conditions?
1067s lag.

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April 10, 2013, 03:55:27 PM
 #20429

Those are some hefty walls, 18K till $300? Sad
Someone wants the price down.

900s lag, Jesus.

looks like the DDOS is here, flash crash to come soon... hope you put in your bids!  Last chance for coins below 250...
laughingbear
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April 10, 2013, 03:55:40 PM
 #20430

its manipulation time again
wopwop
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April 10, 2013, 03:55:46 PM
 #20431

The stable price is where the value created by bitcoin network is equal to the costs of running the whole network. And at least one of those two is dependent on bitcoin price.  So just try to estimate those two numbers and compare them.

That is just not true. Search your feelings and you know it. Is the price of 100 dollar bill same as the cost of printing one? No it is not and it is same with Bitcoin.
haha

You put all your money into bitcoin (or so you say) and you don't understand what basic bitcoin attribute mestar is talking about??
lebing
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April 10, 2013, 03:56:14 PM
 #20432

Well its been over a week since the last time the lag caused a panic, time to cash in on the noobs again apparently.

Bro, do you even blockchain?
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April 10, 2013, 03:56:31 PM
 #20433

18 minute trading lag

LOL

Gox Blog: We fixed everything! (just kidding please keep trading on our shit platform)

.

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mestar
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April 10, 2013, 03:57:53 PM
 #20434

The stable price is where the value created by bitcoin network is equal to the costs of running the whole network. And at least one of those two is dependent on bitcoin price.  So just try to estimate those two numbers and compare them.

That is just not true. Search your feelings and you know it. Is the price of 100 dollar bill same as the cost of printing one? No it is not and it is same with Bitcoin.

Can you be more specific at what exactly is not true.

The cost of running the network is not dependent on the cost of creating early bitcoins.  Those were very cheap.  The cost is dependent on the current market price.



ManBearPig
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April 10, 2013, 04:01:16 PM
 #20435

And...it's gone.

What? The lag? The Volume? The price? The walls? What man? For Gox sake you can't be so vague!

Haha, everything. We're all poor again Sad

I tweet crypto nonsense: https://twitter.com/DunningKruger_
EuroTrash
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April 10, 2013, 04:03:11 PM
 #20436

getting a welfare payment from the government tomorrow and the whole thing is going into btc

Which means you are using taxpayers' money to buy bitcoins and you spend your time here instead of looking for a job.

There's very little to brag about it. IMO.

<=== INSERT SMART SIGNATURE HERE ===>
Gordonium
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April 10, 2013, 04:04:21 PM
 #20437

The stable price is where the value created by bitcoin network is equal to the costs of running the whole network. And at least one of those two is dependent on bitcoin price.  So just try to estimate those two numbers and compare them.

That is just not true. Search your feelings and you know it. Is the price of 100 dollar bill same as the cost of printing one? No it is not and it is same with Bitcoin.

Can you be more specific at what exactly is not true.

The cost of running the network is not dependent on the cost of creating early bitcoins.  Those were very cheap.  The cost is dependent on the current market price.

That myth is debunked here:

https://en.bitcoin.it/wiki/Myths#The_value_of_bitcoins_are_based_on_how_much_electricity_and_computing_power_it_takes_to_mine_them

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mestar
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April 10, 2013, 04:05:58 PM
 #20438

And...it's gone.

What? The lag? The Volume? The price? The walls? What man? For Gox sake you can't be so vague!

The "poof".
Kazu
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April 10, 2013, 04:06:26 PM
 #20439



Okay, now I'm really mad.

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April 10, 2013, 04:07:54 PM
 #20440



Okay, now I'm really mad.

I know, we all wanted to be millionaires before 6pm today. Shucks.

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