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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21662. (Read 26610987 times)

legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 289
Merit: 252
bagholder since 2013
holy shit guys. Satoshi is back.

What would I say to him?

Well, if one of the IMO less plausible theories of his identity is true, I'd say,

"Should have worn a seatbelt!"



(too soon?)


I'm not Nash! Tongue

not
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 49
Merit: 0
The book also mentions that Wences had an investment in Bitpay but doesn't believe that BTC transactions have to increase for it to be valuable.
He's betting purely on its store of value property.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
some interesting takeaways from the Digital Gold book:

  • Wences Cesares had ~10% of his net worth in BTC at some point.
  • Reid Hoffman, Peter Briger of fortress have significant positions.
  • Ver has a market cornering amount of coin.
  • Shrem was acquiring BTC for the Winklevoss Twins.
  • Lot of circa 2012 businesses buffer coins were on Gox.


Just had a plow through myself.

I think the thing that surprised me the most was the amount of buying these heavyweights did on Gox, and on the open market too.

I would've expected them to be a bit more diligent and discrete in how they obtained the coins they did.

If we guess the amount of coins some of these people bought, and it must be in the hundreds of thousands, that tells us that the price at certain points was founded on the buying of less than ten people. 

yep ... bullish. What happens when couple of hundred heavy hitter investment funds decide it is time to place 1% risk-on in btc?
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Gee, I almost forgot about my long position at finex...
Well, since it's already to late to take some action lets keep it there some months...
legendary
Activity: 1260
Merit: 1116
I haven't owned a toaster for 20 years and have no plans for getting one.



I'm sorry. But how can you live without a toaster?? Serious question!

Nice avatar!

There have been many different rhythms to my life the past 20 years and very few of them required toast.  White bread gains the most by being toasted and I don't eat that.  Presently I'm out of the house before 5AM without eating breakfast.  My gf doesn't live with me, that is the biggest reason.



We live in very different worlds you and I.  Undecided
full member
Activity: 189
Merit: 100
some interesting takeaways from the Digital Gold book:

  • Wences Cesares had ~10% of his net worth in BTC at some point.
  • Reid Hoffman, Peter Briger of fortress have significant positions.
  • Ver has a market cornering amount of coin.
  • Shrem was acquiring BTC for the Winklevoss Twins.
  • Lot of circa 2012 businesses buffer coins were on Gox.
  • Charlie Lee of LTC fame bought a chunk of Mike Hearns mined BTC when they were in Google.

Where do you found it?
newbie
Activity: 49
Merit: 0
some interesting takeaways from the Digital Gold book:
snipped..

Just had a plow through myself.

I think the thing that surprised me the most was the amount of buying these heavyweights did on Gox, and on the open market too.

I would've expected them to be a bit more diligent and discrete in how they obtained the coins they did.

If we guess the amount of coins some of these people bought, and it must be in the hundreds of thousands, that tells us that the price at certain points was founded on the buying of less than ten people. 

Yeah, some of the price movements caused by one or a few people was mentioned in the book.
One of the Winklevii's personal bids on Gox were responsible for BTC hitting the billion dollar market cap mark.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
some interesting takeaways from the Digital Gold book:

  • Wences Cesares had ~10% of his net worth in BTC at some point.
  • Reid Hoffman, Peter Briger of fortress have significant positions.
  • Ver has a market cornering amount of coin.
  • Shrem was acquiring BTC for the Winklevoss Twins.
  • Lot of circa 2012 businesses buffer coins were on Gox.


Just had a plow through myself.

I think the thing that surprised me the most was the amount of buying these heavyweights did on Gox, and on the open market too.

I would've expected them to be a bit more diligent and discrete in how they obtained the coins they did.

If we guess the amount of coins some of these people bought, and it must be in the hundreds of thousands, that tells us that the price at certain points was founded on the buying of less than ten people. 
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 49
Merit: 0
some interesting takeaways from the Digital Gold book:

  • Wences Cesares had ~10% of his net worth in BTC at some point.
  • Reid Hoffman, Peter Briger of fortress have significant positions.
  • Ver has a market cornering amount of coin.
  • Shrem was acquiring BTC for the Winklevoss Twins.
  • Lot of circa 2012 businesses buffer coins were on Gox.
  • Charlie Lee of LTC fame bought a chunk of Mike Hearns mined BTC when they were in Google.
sr. member
Activity: 354
Merit: 250
There are several hot topics to catch up with, among them the Digital Gold book and Roger Ver calling Star Xu of OKCoin a liar.  Cheesy

Also,  Bitfinex got hacked and robbed  Smiley

Can someone point me to some more info on this Bitfinex hack?



http://www.reddit.com/r/BitcoinMarkets/comments/36uy29/bitfinex_sending_a_notice_out_re_hot_wallet_hack/
Quote
Update:
"the irony about the whole thing is that we will be implementing the new bitgo secure walleting in a few days from now"

"a definitive update about our losses brought the count to 1301.9313 BTC. The initial number of 500 coins didn't include all the pending deposits that were on the way.....[..].. We managed to get some of the incoming coins but the hacker got some others (it's like a lottery)....."

Update 2:
"Passwords are not compromised but you can always change if you want. More secure is better than less secure."

Update 3:
Phil Potter (PGP) & Zane from Bitfinex is on teamspeak now talking through what happened, segmentation, security procedures etc..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
There are several hot topics to catch up with, among them the Digital Gold book and Roger Ver calling Star Xu of OKCoin a liar.  Cheesy

Also,  Bitfinex got hacked and robbed  Smiley

Can someone point me to some more info on this Bitfinex hack?



http://www.reddit.com/r/BitcoinMarkets/comments/36uy29/bitfinex_sending_a_notice_out_re_hot_wallet_hack/
full member
Activity: 180
Merit: 102
dApps Development Automation Platform
There are several hot topics to catch up with, among them the Digital Gold book and Roger Ver calling Star Xu of OKCoin a liar.  Cheesy

Also,  Bitfinex got hacked and robbed  Smiley

Can someone point me to some more info on this Bitfinex hack?

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
One thing's for sure, while bitcointalk.org was offline everything went up; BTC and most of the alts, gosh, even DOGE! Then, we go online again, the price falls $6. Seriously?  Undecided

It gave people time to think and trade rather than gaze at photographs of aged, knotty penises.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
One thing's for sure, while bitcointalk.org was offline everything went up; BTC and most of the alts, gosh, even DOGE! Then, we go online again, the price falls $6. Seriously?  Undecided
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
bitcointalk wants moon:
Quote
Question:   short term is:
bullish as fuck   - 20 (20.4%)
bullish   - 22 (22.4%)
neutral   - 32 (32.7%)
bearish   - 9 (9.2%)
bearish as fuck   - 15 (15.3%)
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