There isn't enough tin foil to go around 
anyone who believes that powerful people don't ever conspire has their head in the sand.
Topic: get out your tin foil hats (Read 2331 times)
anyone who believes that powerful people don't ever conspire has their head in the sand.
There isn't enough tin foil to go around
if we were just dealing with run of the mill hackers (like we were with ddos' in the past) i would expect them to be very careful not to kill their cash cow (like they were in the past, they never went overboard). Previously all attacks were at highs, presumably in an attempt to crash the price and buy in lower. All attacks were promptly halted after the price fell. Now someone is attacking at lows, this is new and not in the interest of someone who is attempting to manipulate the market for profit. This would however be in the interest of someone who sells a currency that competes with bitcoin.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
And if anyone believes that TPTB are blinking an eye at an economy that is completely controlled by Mt Gox, then they truly are living in a bubble.
A+ for creativity, though.
bitcoin was in the middle of a parabolic move. Sure it may have only been valued at 2billion dollars but if it had continued growing at the rate that it was growing it would have over taken the gdp of the world in less than a year. now obviously im not arguing that it would have overtaken world gdp so dont say that i am. My point is that it was growing and rapidly and when is the best time to pull out a weed, when its small or when its large?
if we were just dealing with run of the mill hackers (like we were with ddos' in the past) i would expect them to be very careful not to kill their cash cow (like they were in the past, they never went overboard). Previously all attacks were at highs, presumably in an attempt to crash the price and buy in lower. All attacks were promptly halted after the price fell. Now someone is attacking at lows, this is new and not in the interest of someone who is attempting to manipulate the market for profit. This would however be in the interest of someone who sells a currency that competes with bitcoin.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
I agree with you, something fishy about it. My spider senses are tingling.
1) There must surely be a case study somewhere for a situation where a wealthy investor has shaken up a small market to pump and dump... and enough to control the market completely?
2) There are some people who assign a portion of wealth to the cause and never sell. They sold off costs a long time ago and coldstore buried those keys years ago - this is support at <$0.01.
3) There are also people who just think "what else can I do with my fiat?"
But, we do see bit trading and it's good to see gox attacked. Can we try trading with ripple?
2) There are some people who assign a portion of wealth to the cause and never sell. They sold off costs a long time ago and coldstore buried those keys years ago - this is support at <$0.01.
3) There are also people who just think "what else can I do with my fiat?"
But, we do see bit trading and it's good to see gox attacked. Can we try trading with ripple?
Soros and the british pound?
1) There must surely be a case study somewhere for a situation where a wealthy investor has shaken up a small market to pump and dump... and enough to control the market completely?
2) There are some people who assign a portion of wealth to the cause and never sell. They sold off costs a long time ago and coldstore buried those keys years ago - this is support at <$0.01.
3) There are also people who just think "what else can I do with my fiat?"
But, we do see bit trading and it's good to see gox attacked. Can we try trading with ripple?
2) There are some people who assign a portion of wealth to the cause and never sell. They sold off costs a long time ago and coldstore buried those keys years ago - this is support at <$0.01.
3) There are also people who just think "what else can I do with my fiat?"
But, we do see bit trading and it's good to see gox attacked. Can we try trading with ripple?
They won't ignore it......but they certainly won't waste effort on a 'problem' (yet) that will likely take care of itself.
Don't be naive. They took down Liberty Dollar, with extreme prejudice, when it was valued at about $20 million. It was the second most used currency in the US after the Federal Reserve Note. Bitcoin now occupies that same second place.
Naive users are what will kill Bitcoin.
They won't ignore it......but they certainly won't waste effort on a 'problem' (yet) that will likely take care of itself.
Don't be naive. They took down Liberty Dollar, with extreme prejudice, when it was valued at about $20 million. It was the second most used currency in the US after the Federal Reserve Note. Bitcoin now occupies that same second place.
Naive users are what will kill Bitcoin.
And if anyone believes that TPTB are blinking an eye at an economy that is completely controlled by Mt Gox, then they truly are living in a bubble.
If anyone thinks TPTB will ignore an international and decentralized currency that is growing and is out of their control, they're living in denial.
They won't ignore it......but they certainly won't waste effort on a 'problem' (yet) that will likely take care of itself.
What do we have?
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that TPTB don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that TPTB don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
What do we have?
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that TPRB don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that TPRB don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
What do we have?
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that banksters don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
-Crypto currencies are a threat to fiat.
-Mass media creating momentum with there bubble-crash articles.
-Multiple sites under attack.
-Goverment controlled botnets (stuxnet, flame, etc)
I also believe that banksters don't give up there power without a fight. They have a motive.
I dunno. Fuel enough for some theories.
And if anyone believes that TPTB are blinking an eye at an economy that is completely controlled by Mt Gox, then they truly are living in a bubble.
If anyone thinks TPTB will ignore an international and decentralized currency that is growing and is out of their control, they're living in denial.
if we were just dealing with run of the mill hackers (like we were with ddos' in the past) i would expect them to be very careful not to kill their cash cow (like they were in the past, they never went overboard). Previously all attacks were at highs, presumably in an attempt to crash the price and buy in lower. All attacks were promptly halted after the price fell. Now someone is attacking at lows, this is new and not in the interest of someone who is attempting to manipulate the market for profit. This would however be in the interest of someone who sells a currency that competes with bitcoin.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
And if anyone believes that TPTB are blinking an eye at an economy that is completely controlled by Mt Gox, then they truly are living in a bubble.
A+ for creativity, though.
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
No, Aluminum is way superior to Tin. As I have explained in detail in my offer:
https://bitcointalksearch.org/topic/wts-tinfoil-hats-different-designs-limited-time-free-dowsing-rod-146580
They are getting cheap again. Maybe you want some?
Damn funny thread. Great construction quality on the hats, especially the stylish beach hat or whatever kind of hat that is.
if we were just dealing with run of the mill hackers (like we were with ddos' in the past) i would expect them to be very careful not to kill their cash cow (like they were in the past, they never went overboard). Previously all attacks were at highs, presumably in an attempt to crash the price and buy in lower. All attacks were promptly halted after the price fell. Now someone is attacking at lows, this is new and not in the interest of someone who is attempting to manipulate the market for profit. This would however be in the interest of someone who sells a currency that competes with bitcoin.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Fishy?? Mt Gox + bot bids are fishy. It's the reverse of what you all are thinking. For the past 4 minor corrections it's been the same pattern....price rolls over and starts downtrend, lag starts and gets longer as selling intensifies, bots make tiny buys (e.g., 0.02 BTC) well above a stream of much larger block sells that simulate a bounce at key support levels (because for some reason, the bid/ask bounce and stick at a higher, inflated bid/ask), and because this occurs in slow-motion (real-time would crush bot bids), panic psychology is quelled. This has helped us bounce off key support levels. It did not work yesterday because selling was too strong.
https://bitcointalksearch.org/topic/more-bot-bidsto-simulate-interest-173375
https://bitcointalksearch.org/topic/doing-all-they-can-to-hold-it-above-200-172540
https://i.imgur.com/umRmL7b.png
IMO They make absurd statements to pump the price as well.
https://bitcointalksearch.org/topic/m.1805765
The lag/DDoS has become the perfect excuse for any sell-off because Bitcoin is magical, it can't go down, and it's impervious to normal market forces. It must be a nefarious hacker group that is somehow benefiting by completely destroying the market for Bitcoin.
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
No, Aluminum is way superior to Tin. As I have explained in detail in my offer:
https://bitcointalksearch.org/topic/wts-tinfoil-hats-different-designs-limited-time-free-dowsing-rod-146580
They are getting cheap again. Maybe you want some?
i want my 24 seconds of my life back with that dumb ass thread. aughhhhhhhhhhhhh i gotta go this place is for people without jobs.
This 24 Seconds are mine know. Muahahaha!
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
No, Aluminum is way superior to Tin. As I have explained in detail in my offer:
https://bitcointalksearch.org/topic/wts-tinfoil-hats-different-designs-limited-time-free-dowsing-rod-146580
They are getting cheap again. Maybe you want some?
i want my 24 seconds of my life back with that dumb ass thread. aughhhhhhhhhhhhh i gotta go this place is for people without jobs.
Maybe there should be a sticky telling new people here what to make of this mess.
http://maxkeiser.com/2013/04/11/inside-mt-gox/
http://maxkeiser.com/2013/04/11/inside-mt-gox/
Can you elaborate please? To my untrained eye this looks like over-the-top FUD
https://www.google.com/#output=search&sclient=psy-ab&q="fred+ehrsam"+goldman+sachs+coinbase
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
No, Aluminum is way superior to Tin. As I have explained in detail in my offer:
https://bitcointalksearch.org/topic/wts-tinfoil-hats-different-designs-limited-time-free-dowsing-rod-146580
They are getting cheap again. Maybe you want some?
i agree and since there are so many other people who feel this way, we know this will be a temporary setback.
I think this is just the setup. They haven't tried their knockout yet.
With many of the theories posted here, who knows? "When you have eliminated the impossible, whatever remains, however improbable, must be the truth" -Sherlock Holmes.
But Occam's theory of evidence may prevail in this instance, and that is the simplest explanation is most likely the correct explanation.
Gox sux.
Gox is the defacto FED of BTC.
And the influence of a centralized power has proven to be hazardous to an alleged decentralized commodity. Gox may not own 51% of the hashing power but Gox holds over 51% of the exchange/monetary power.
I have to say I agree with this blogger https://defuse.ca/bitcoin-pool-ddos.htm. BTC is in trouble when a service, or pool holds so much power over BTC. If you think Gox is bad, wait until someone gets hold of enough ASIC's that when they ddos a few major mining pools they can take over the btc net and wipe out anything they wish.
Which scenario is worse for BTC, or are both equally bad; 51% takeover or 80% monetary power?
LTC FTW!
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
But Occam's theory of evidence may prevail in this instance, and that is the simplest explanation is most likely the correct explanation.
Gox sux.
Gox is the defacto FED of BTC.
And the influence of a centralized power has proven to be hazardous to an alleged decentralized commodity. Gox may not own 51% of the hashing power but Gox holds over 51% of the exchange/monetary power.
I have to say I agree with this blogger https://defuse.ca/bitcoin-pool-ddos.htm. BTC is in trouble when a service, or pool holds so much power over BTC. If you think Gox is bad, wait until someone gets hold of enough ASIC's that when they ddos a few major mining pools they can take over the btc net and wipe out anything they wish.
Which scenario is worse for BTC, or are both equally bad; 51% takeover or 80% monetary power?
LTC FTW!
But I want to know where you get Tin Foil? I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
The really dangerous part of this isn't the price manipulation, that just discredits the exchanges as a reference to Bitcoins fiat value
Spot on. That's the goal: sow doubt about the value of Bitcoin in as many people as possible.
i agree and since there are so many other people who feel this way, we know this will be a temporary setback.
The exchanges are the Achilles heel of Bitcoin atm though :/
And the snakes will strike those heels as much as they can and as fast as they can. Bitcoin is now a real threat to them.
"They" can mess with the trading and speculation while the infrastructure is still young, but meanwhile the network continues to grow and strengthen slowly but surely. All this craziness will eventually be a thing of the past when a more robust crop of exchanges emerges that are built on the lessons learned during these crashes.
The really dangerous part of this isn't the price manipulation, that just discredits the exchanges as a reference to Bitcoins fiat value
Spot on. That's the goal: sow doubt about the value of Bitcoin in as many people as possible.
Only way would be if there are enough speculators beliving in Bitcoin that would buy more coins back as they sold every-time a drop happens.
That's my point. They're collecting all the coins they can to control the price. It's a long game for them too.
Unfortunately, a majority of Bitcoin users have no idea what they're actually up against so they'll play right into it.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
Coinbase is run by a Goldman Sachs trader, Fred Ersham. It's my opinion that GS has been using Coinbase to gather coins, using other peoples' money of course, in order to manipulate prices.
Anyone that thinks I'm just being paranoid has little idea of how the Money Powers operate. It might do you well to read some history. Start here:
“Very pleased we have entered into relations again with American Government” -Rothschilds, 1878
yep we all know the ones in charge of money willnot like there profits going away. the fed reserv are attacking along with many banks they want to see this thing go away. it is an amazing idea and it will work but the problem is they have a lot of money to pump and dump and pump and dump and eventualy everyone will try to get out. its been there plan from the start and you want to go to another alt well they will do the same to that as well, the only way to stop it is if you have limits on how many you can buy and sell at a time so we dont have huge ups and huge downs. what do you think?
Won't work. Free marked. There will always be an exchange with no limits.
Only way would be if there are enough speculators beliving in Bitcoin that would buy more coins back as they sold every-time a drop happens.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
Coinbase is run by a Goldman Sachs trader, Fred Ersham. It's my opinion that GS has been using Coinbase to gather coins, using other peoples' money of course, in order to manipulate prices.
Anyone that thinks I'm just being paranoid has little idea of how the Money Powers operate. It might do you well to read some history. Start here:
“Very pleased we have entered into relations again with American Government” -Rothschilds, 1878
yep we all know the ones in charge of money willnot like there profits going away. the fed reserv are attacking along with many banks they want to see this thing go away. it is an amazing idea and it will work but the problem is they have a lot of money to pump and dump and pump and dump and eventualy everyone will try to get out. its been there plan from the start and you want to go to another alt well they will do the same to that as well, the only way to stop it is if you have limits on how many you can buy and sell at a time so we dont have huge ups and huge downs. what do you think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
Coinbase is run by a Goldman Sachs trader, Fred Ersham. It's my opinion that GS has been using Coinbase to gather coins, using other peoples' money of course, in order to manipulate prices.
Anyone that thinks I'm just being paranoid has little idea of how the Money Powers operate. It might do you well to read some history. Start here:
“Very pleased we have entered into relations again with American Government” -Rothschilds, 1878
I was on all of yesterday putting up with the DDoS. It was definitely there; it cannot be attributed to new members, there's no way in hell. Someone's fucking with us.
First I would like to know.
Did EVERYONE else find that bitcointalk and bitcoincharts etc ALSO did not work well yesterday (massive delays and server time outs)?
Did EVERYONE else find that bitcointalk and bitcoincharts etc ALSO did not work well yesterday (massive delays and server time outs)?
Yep. It wasn't just "slow due to new users" either. It was slow one minute, working fine the next. Like a DDOS.
Tomorrow you will wake up and it all will have been a dream. There never was any bitcoin or MtGox or Satoshi. Like Never Never Land or Oz, you'll try to explain to people what a bitcoin is, and they won't understand.
There's no place like home, there's no place like home...
Mt.Gox itself cashing out on bitcoin to focus on Ripple
No, I'm not serious
No, I'm not serious
First I would like to know.
Did EVERYONE else find that bitcointalk and bitcoincharts etc ALSO did not work well yesterday (massive delays and server time outs)?
If so, how is this unrelated and Gox "just had too many accounts open recently"?
Did EVERYONE else find that bitcointalk and bitcoincharts etc ALSO did not work well yesterday (massive delays and server time outs)?
If so, how is this unrelated and Gox "just had too many accounts open recently"?
Tomorrow you will wake up and it all will have been a dream. There never was any bitcoin or MtGox or Satoshi. Like Never Never Land or Oz, you'll try to explain to people what a bitcoin is, and they won't understand.
if we were just dealing with run of the mill hackers (like we were with ddos' in the past) i would expect them to be very careful not to kill their cash cow (like they were in the past, they never went overboard). Previously all attacks were at highs, presumably in an attempt to crash the price and buy in lower. All attacks were promptly halted after the price fell. Now someone is attacking at lows, this is new and not in the interest of someone who is attempting to manipulate the market for profit. This would however be in the interest of someone who sells a currency that competes with bitcoin.
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
Smells awfully fishy to me. Are we finally seeing TPTB reacting to bitcoin?
What do you guys think?
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