Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22401. (Read 26608529 times)
March 18, 2015, 11:20:43 AM
yeah... adam is buying moar... we're going with the flow here.. adam buys first guaranteeing another price drop and then we follow him in... ok plan...break. let's do this. (except for me cuz i am out from buying for a few weeks) .
March 18, 2015, 11:19:48 AM
Jorge, I'm still waiting for a demostration for your claim!
I just posted it, again: https://bitcointalksearch.org/topic/m.10811221
March 18, 2015, 11:16:05 AM
Jorge, I have to ask. What do you get out of being here? I mean, psychologically? What purpose does it serve for you?
I consider part of my job to understand computing subjects that have impact on society and offer advice on them. (For example, for the last 10 years I have been writing and speaking out about the risks of the Brazilian voting system.)
I started looking into bitcoin in late 2013 when it was starting to be sold here as a fabulous investment or hedge against inflation. Fortunately, my fellow Brazilians have been largely skeptical of those claims, perhaps because they had just witnessed the collapse of a huge tech-based MLM scam, that stole a billion dollars or more from millions of "investors". So my advice has been unnecessary so far.
As for this thread specifically, I have more than 50 bitcointalk threads on my watchlist, but this is the only one that has significant traffic and shows up every time I refresh the list. It is also sort of the "local pub" where all news and topics get mentioned, from Bloom filters to beers. And, with few exceptions, posters here are basically gamblers, which are mostly OK people; while some of the people who post on some of the other threads are defintely not OK...
Quote
You seem impervious to reasonable arguments against your points.
Well, I have the same impression of bitcoin believers: they won't admit that bitcoin has serious problems, no matter how obvious...
March 18, 2015, 11:10:49 AM
Follow another chinese bulltrap, lemmings dont need to think. BTC is going to sub 200 within few weeks whether like you it or not.
I wouldn't mind it, but sub 200 is not going to happen. 
it is possible cuz i am out of the market for a few weeks. my decisions don't always make sense right away and i might appear to be flying by the seat of my pants most of the time.
March 18, 2015, 11:08:36 AM
Are you using QuadrigaCX now Adam?
ya
How's it been? How long does it usually take for BTC withdrawal to show up in your wallet?
its instant.
As it should be of course... I'm having all kind of trouble with them since I signed up... Delayed deposits, withdrawals not being processed.. I'll need to give em a call again I guess
shitty to hear, i've just been trading...
i'm guessing they have been growing rapidly ( with virtex and satoshi vault recently closing ) and are having a hard time keeping up?
I figure QuadrigaCX would be better than dealing with the chinese over at ANX
March 18, 2015, 11:05:28 AM
Stolfi likes making senseless arguments to FUD. Come on, Jorge, I'm still waiting for a demostration for your claim!
(Before you scream "21 million": that bitcoin limit is "guaranteed" only by fuzzy arguments about a complicated economic game, not "by math", and could be changed if the right players agreed to it. Moreover, any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp. Anyone who has bitcoins will gain an equal amount of those "series B" bitcoins, accessible through the same private keys, and could trade them independently of his old bitcoins by duplicating his wallet and downloading the kids's client software. Whether those "series B" bitcoins will get a significant market value is a market(ing) question, not a technical one. And, of course, there are the altcoins.)
(Before you scream "21 million": that bitcoin limit is "guaranteed" only by fuzzy arguments about a complicated economic game, not "by math", and could be changed if the right players agreed to it. Moreover, any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp. Anyone who has bitcoins will gain an equal amount of those "series B" bitcoins, accessible through the same private keys, and could trade them independently of his old bitcoins by duplicating his wallet and downloading the kids's client software. Whether those "series B" bitcoins will get a significant market value is a market(ing) question, not a technical one. And, of course, there are the altcoins.)
March 18, 2015, 11:01:16 AM
Jorge, I have to ask. What do you get out of being here? ...
He is an educator by trade. He strives to eradicate stupidity and ignorance. Though his efforts are clearly wasted here--Bitcoiners are impervious to logic & reason.
March 18, 2015, 10:59:36 AM
Nice hidden buy order at 274 on Finex
This man is a fool!
Nothing but another dead cat trounce!
March 18, 2015, 10:59:19 AM
Are you using QuadrigaCX now Adam?
ya
How's it been? How long does it usually take for BTC withdrawal to show up in your wallet?
its instant.
As it should be of course... I'm having all kind of trouble with them since I signed up... Delayed deposits, withdrawals not being processed.. I'll need to give em a call again I guess
March 18, 2015, 10:59:05 AM
March 18, 2015, 10:57:20 AM
We are clinging onto another trend line (this time on Bitfinex). It could hold, but I do not see any reason why it would do so better than the others.
BTC China
OKCoin
Huobi
Bitfinex
BTC China
OKCoin
Huobi
Bitfinex
March 18, 2015, 10:55:44 AM
Are you using QuadrigaCX now Adam?
ya
How's it been? How long does it usually take for BTC withdrawal to show up in your wallet?
its instant.
i liked virtex better.
but QuadrigaCX does the trick.
still need to get fully verified and all that, hopefully that goes smoothly when i get around to doing that
March 18, 2015, 10:55:01 AM
Are you using QuadrigaCX now Adam?
ya
How's it been? How long does it usually take for BTC withdrawal to show up in your wallet?
March 18, 2015, 10:54:14 AM
Jorge, I have to ask. What do you get out of being here? I mean, psychologically? What purpose does it serve for you?
You seem impervious to reasonable arguments against your points so feel free not to answer the question if it's too awkward.
You seem impervious to reasonable arguments against your points so feel free not to answer the question if it's too awkward.
March 18, 2015, 10:48:45 AM
The next decision was to limit the number of atomic units (satoshis) to about 2^51 - 1 = 2'251'799'813'685'247, which is the maximum range of integers that can be safely manipulated in IEEE double-precision floating point without rouding. That would allow any bitcoin accounting to be done on an Excel spreadsheet without losing a satoshi. (Excel, and many other programs, use double-precsion floating point for all numbers, Most computer nerds would never have tought of that. They generally avoid floating-point because of its complicated rounding, and would have picked 2^63 or 2^62 instead. But Satoshi obviously was not a typical computer nerd, knew how Excel works, and knew how to use FP without rounding.)
This makes no sense. Are you seriously suggesting that the precision of Bitcoin is a function of an accomodation to a third rate amateur spreadsheet application?
No, rather accomodation of the main tool of accounting and of other important software tools.
Quote
Programmers dont use FP because its lossy. Its lossy at any precision.
Good programmers know how to use FP without any loss of precision. Indeed, they often use FP for integer computatons because on some processor chips the FP multiply and divide units are often faster than the 64-bit integer counterparts. (That is how the infamous "Pentium division bug" was found, by the way.)
Quote
Also, most financial standards specifically proscribe FP calculations for financial systems.
That recommendation is relevant only for amounts larger than 10^15 cents = 10 trillion dollars (or 10^15 dollars if all amounts are whole dollars). Most accounting is done in Excel-like spreadsheetsthat use FP doubles for all quantities (even though users are rarely aware of it).
March 18, 2015, 10:48:21 AM
The UK Treasury has released its latest report on the Bitcoin/crypto (haven't had a chance to read it yet though):
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/414040/digital_currencies_response_to_call_for_information_final_changes.pdf
And a token mention of Bitcoin hidden away in the 2015 budget report:
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/414040/digital_currencies_response_to_call_for_information_final_changes.pdf
And a token mention of Bitcoin hidden away in the 2015 budget report:
Quote
2.215 Digital Currencies - The government is today announcing its intention to apply anti-money laundering regulation to digital currency exchanges in the UK, to support innovation and prevent criminal use. The government is also launching a new research initiative which will bring together the research councils, Alan Turing Institute and Digital Catapult with industry in order to address the research opportunities and challenges for digital currency technology, and will increase research funding in this area by £10 million to support this. Finally, the government will work with the British Standards Institution and the digital currency industry to develop voluntary standards for consumer protection.
Just skimmed through. Positive noises and burblings. AML for exchanges will not rock the boat. The absence of anything encouraging banks to accept bitcoin companies, despite that being a major concern in the previous release, is unsurprising...
March 18, 2015, 10:47:14 AM
Whoah! that's great! Looks like we have been in their scope; what's next? Implementing crypto in their banks?
We can only hope
updated my post with some additional info March 18, 2015, 10:46:10 AM
Nice hidden buy order at 274 on Finex
March 18, 2015, 10:45:05 AM
The UK Treasury has released its latest report on the Bitcoin/crypto (haven't had a chance to read it yet though):
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/414040/digital_currencies_response_to_call_for_information_final_changes.pdf
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/414040/digital_currencies_response_to_call_for_information_final_changes.pdf
Code:
4.7 The government recognises that the technology associated with digital currencies offers
considerable promise, making it possible for users to transfer value (or other information)
quickly, efficiently and securely, providing a permanent record of what has taken place, and
without the need for a trusted third party to oversee the process. In response, the government is
launching a new research initiative which will bring together the Research Councils, Alan Turing
Institute and Digital Catapult with industry in order to address the research opportunities and
challenges for digital currency technology, and will increase research funding in this area by £10
million to support this.
4.8 In addition, in February 2015, the Bank of England announced it will undertake research on
central bank-issued digital currencies as part of its new research agenda. This work covers the
potential costs and benefits of doing so as well as the economic impact, technolog
considerable promise, making it possible for users to transfer value (or other information)
quickly, efficiently and securely, providing a permanent record of what has taken place, and
without the need for a trusted third party to oversee the process. In response, the government is
launching a new research initiative which will bring together the Research Councils, Alan Turing
Institute and Digital Catapult with industry in order to address the research opportunities and
challenges for digital currency technology, and will increase research funding in this area by £10
million to support this.
4.8 In addition, in February 2015, the Bank of England announced it will undertake research on
central bank-issued digital currencies as part of its new research agenda. This work covers the
potential costs and benefits of doing so as well as the economic impact, technolog
Whoah! that's great! Looks like we have been in their scope; what's next? Implementing crypto in their banks?
March 18, 2015, 10:44:38 AM
Fuck off Stolfi, you're a turd in the swimming pool.
Fuck off yourself. At least Stolfi has some interesting arguments from time to time, even if I usually disagree with them.You are just a disgrace for the community.
Jump to: