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sadpandatech
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August 23, 2012, 02:40:53 AM |
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tick tick tick... nobody is budging until pirate makes his move and time is running out!
apparently he started to pay back few small accounts, but i cant seem to find anyone confirming that There is atleast one confirmation in the paid back thread. The payment however came from GPumax mined coins and not the BTST fund so sadly it does little to quell either side of the 'debate'. http://blockchain.info/address/1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfVmoney came from there |
If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA
It is being worked on by smart people. -DamienBlack
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Killerpotleaf
Sr. Member
 Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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August 23, 2012, 02:43:21 AM |
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tick tick tick... nobody is budging until pirate makes his move and time is running out!
apparently he started to pay back few small accounts, but i cant seem to find anyone confirming that There is atleast one confirmation in the paid back thread. The payment however came from GPumax mined coins and not the BTST fund so sadly it does little to quell either side of the 'debate'. http://blockchain.info/address/1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfVmoney came from there ic kinda off topic but, why 47.5 BTC i thought it was 50 BTC per block? |
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sadpandatech
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August 23, 2012, 02:44:50 AM |
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kinda off topic but, why 47.5 BTC i thought it was 50 BTC per block?
the fee from whatever particular pool those particular coins were mined from. |
If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA
It is being worked on by smart people. -DamienBlack
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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August 23, 2012, 02:51:56 AM |
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kinda off topic but, why 47.5 BTC i thought it was 50 BTC per block?
the fee from whatever particular pool those particular coins were mined from. so the pool takes its fee directly from the block, some how  i would of thought, the pool gets the 50BTC and then takes a fee and splits the rest of the coins with the miners of that pool |
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notme
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Activity: 1904
Merit: 1002
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August 23, 2012, 02:57:35 AM |
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kinda off topic but, why 47.5 BTC i thought it was 50 BTC per block?
the fee from whatever particular pool those particular coins were mined from. so the pool takes its fee directly from the block, some how i would of thought, the pool gets the 50BTC and then takes a fee and splits the rest of the coins with the miners of that pool Doesn't have to... for example, egilius (sp?... Luke-Jr's pool) pays out the coinbase to all miners based on their contributions. If you mine with him your payments come as generated coins and you have to wait the standard 120 confirmations before you can spend them. |
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thezerg
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Activity: 1246
Merit: 1010
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August 23, 2012, 03:37:14 AM |
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tick tick tick... nobody is budging until pirate makes his move and time is running out!
apparently he started to pay back few small accounts, but i cant seem to find anyone confirming that There is atleast one confirmation in the paid back thread. The payment however came from GPumax mined coins and not the BTST fund so sadly it does little to quell either side of the 'debate'. http://blockchain.info/address/1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfVmoney came from there I know about these tiddlywinks... I'm referring to the market as a whole. My guess as to the "stability" at just under 10 is that everybody is waiting for pirate. Buyers are waiting because they think he may attempt to crash the market. Sellers...well I dunno... ask side is steeper then its been in a long time but for some reason is not moving. Could "someone" be a big part of that ask sawtooth pattern? |
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Spekulatius
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Merit: 1000
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August 23, 2012, 03:46:35 AM |
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someone someone...Pirate! Naaah, too unrealistic  |
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Spekulatius
Legendary
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Merit: 1000
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August 23, 2012, 03:49:21 AM |
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 I lol'd |
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The-Real-Link
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August 23, 2012, 03:55:50 AM |
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Is there any primer on how to read these walls again within the 100+ pages for us eco noobs watching from the sidelines? I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either? Should the charts be mirroring each other ideally? Otherwise if the orange line is flat, all the lower priced orders could be bought up so the price crashes?
I lol'd
You broke it!  |
Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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bitcoinBull
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rippleFanatic
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August 24, 2012, 07:56:14 AM |
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Is there any primer on how to read these walls again within the 100+ pages for us eco noobs watching from the sidelines?
I get the walls idea but so what, if there's a huge ask (selling) wall, the price should stay where it's at, right? If there's a huge bid (buying) wall, the price shouldn't move down too much either?
Should the charts be mirroring each other ideally?
Otherwise if the orange line is flat, all the lower priced orders could be bought up sold into so the price crashes?
Different opinions on walls, but you have the right idea. Correction to your terminology, when the bids are thin, they are sold into, crashing the price. When the asks are thin, they are bought up quicker (rally). That's what usually happens in my opinion, so I like trading based on depth (bid depth vs ask depth). Others think its better to ignore, because they are sometimes manipulation attempts ("fake" walls that get removed). |
College of Bucking Bulls Knowledge
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Kupsi
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9.9.2012: I predict that single digits... <- FAIL
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August 24, 2012, 08:01:34 AM |
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Maybe this thread should change name to Stairway Observer...  |
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drakahn
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August 24, 2012, 08:02:52 AM |
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I lol'd
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14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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420
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August 24, 2012, 10:06:11 AM |
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whats the problem with the stair formation?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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molecular
Donator
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August 24, 2012, 10:20:14 AM |
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whats the problem with the stair formation?
Rally!!!!! = +$5.00 Optionally, it could be every $0.10. the long hard stairway to heaven |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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unclescrooge
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August 24, 2012, 10:28:16 AM |
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whats the problem with the stair formation?
It takes 1,2 millions of dollars to up the price of 1$. Interesting lol |
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epbaha
Member
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Merit: 10
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August 24, 2012, 05:41:27 PM |
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 The manipulator took his ask stairway down. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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August 24, 2012, 05:50:30 PM |
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Indeed. Maybe he's going to buy up all the asks that accumulated around his. Hurry, buy before he does!
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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August 24, 2012, 06:03:01 PM |
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The manipulator took his ask stairway down.
*ahem*, called that. I think we already saw the dump. Now Mr. M is just squeezing the last drops with his thin tiny bids. If/when the sell-drip stops, he'll flip the bids and asks to start pushing it the other way. His intention is to generate trading volume, he doesn't really care what the price is.
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College of Bucking Bulls Knowledge
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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August 24, 2012, 06:16:31 PM |
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I'm still short, this changes nothing
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humanitee
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August 24, 2012, 06:54:59 PM |
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Time to build up the bids and dump again?
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