Bitstamp
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23454. (Read 26712305 times)
January 15, 2015, 07:00:00 PM
January 15, 2015, 06:58:49 PM
This is my theory, Mark is not A DPR, Ross is. Ross is the mastermind behind SR and when you are dealing with something like SR, its not easy to cashout. So he probably made some sort of money laundering agreement with Mark to help him cashout. Authorities found connection by tracking bitcoin movement and they pushed Mark. Mark is not a hero, he is probably afraid of his own shadow and he probably broke and made an agreement with authorities to reveal who DPR is and agreed to hand out 850 000 BTC for his freedom, to destroy biggest btc exchange and to vanish and never get involved in bitcoin again.
January 15, 2015, 06:57:26 PM
is anyone paying attention to the macroeconomic picture? The Swiss National Bank shocked world markets by removing it's peg to the Euro, causing it's value to skyrocket. Two systemic Greek banks are using an emergency liquidity tool at the ECB to try and prevent a bank run. Oil Tanked and Gold spiked. This is 2008 all over again only worse this time.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
One person made the decision to un-peg the CHF/EUR. One person can't make those decisions in bitcoin land.
January 15, 2015, 06:57:00 PM
is anyone paying attention to the macroeconomic picture? The Swiss National Bank shocked world markets by removing it's peg to the Euro, causing it's value to skyrocket. Two systemic Greek banks are using an emergency liquidity tool at the ECB to try and prevent a bank run. Oil Tanked and Gold spiked. This is 2008 all over again only worse this time.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
Potential bank run in the small Greek banks? So what.
What's the worst that can happen? The ECB step in and take over the banks' assets and loan books?
And besides, Greece is about 1% of the Euro (if even).
January 15, 2015, 06:53:11 PM
is anyone paying attention to the macroeconomic picture? The Swiss National Bank shocked world markets by removing it's peg to the Euro, causing it's value to skyrocket. Two systemic Greek banks are using an emergency liquidity tool at the ECB to try and prevent a bank run. Oil Tanked and Gold spiked. This is 2008 all over again only worse this time.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
How this will affect Bitcoin is anyone's guess, but I'm starting to think even my 2.5% margin long was way too premature.
Bank runs mean extreme DEFLATION of national currencies until the central banks ramp up the printing presses, start accepting used toilet paper as collateral and various other forms of counterfeiting.
Wealth is going to evaporate, credit is going to dry up and markets are going to crash with the exception of the safest government bonds (U.S., Swiss and maybe a few others).
I've warned many times for everyone to get their coins (and even fiat) off the exchanges if you aren't going to trade, but now I am saying it may soon be time to get your fiat out of the banks.
January 15, 2015, 06:53:06 PM
This BTC roller coaster has me totally slacking AFK
Wild volatility and volume, trendlines broken, chaos, blood.
Then there is fake volume news, bitstamp news, Karpeles&Ulbricht news, a couple of companies turned scammers, a couple of companies closing doors/filing for bankruptcy.
More to come tomorrow... was price rise a bull trap or a reversal, btc miami conference with garza and winklevosses, some weird fat guy on twitter and his life changing news.
Wild volatility and volume, trendlines broken, chaos, blood.
Then there is fake volume news, bitstamp news, Karpeles&Ulbricht news, a couple of companies turned scammers, a couple of companies closing doors/filing for bankruptcy.
More to come tomorrow... was price rise a bull trap or a reversal, btc miami conference with garza and winklevosses, some weird fat guy on twitter and his life changing news.
January 15, 2015, 06:52:24 PM
January 15, 2015, 06:47:15 PM
Mark could have used Mt. Gox to money laundry the dirty cash for the Silk Road. It think it is more plausible than the pumping theory.
He could do pumping by a bot, why bother by using real fiat from the Silk Road?
He could do pumping by a bot, why bother by using real fiat from the Silk Road?
January 15, 2015, 06:45:18 PM
Just bought some crap on ebay using bitcoin through gyft!
oh ya i meant to try that.
how goes it?
Great, easy, essentially it's just paypal.
edit: only can use $500 worth of cards at a time. sucks
January 15, 2015, 06:43:49 PM
Ego Pay is facing problems and I don't think it will last long without going Gox:
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
I've never heard of them and their name sucks, so I dont know what to say about this.
I have full faith and confidence in bitstamp.
I heard the name somewhere, but that's all. They are not even listed on the coinmarketcap bitcoin exchanges. How big are they?
They are a payment processor that accepts btc, not an exchange
Do they have massive volume?
January 15, 2015, 06:43:00 PM
Ego Pay is facing problems and I don't think it will last long without going Gox:
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
I've never heard of them and their name sucks, so I dont know what to say about this.
I have full faith and confidence in bitstamp.
I heard the name somewhere, but that's all. They are not even listed on the coinmarketcap bitcoin exchanges. How big are they?
They are a payment processor that accepts btc, not an exchange
January 15, 2015, 06:42:07 PM
Ego Pay is facing problems and I don't think it will last long without going Gox:
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
I've never heard of them and their name sucks, so I dont know what to say about this.
I have full faith and confidence in bitstamp.
I heard the name somewhere, but that's all. They are not even listed on the coinmarketcap bitcoin exchanges. How big are they?
January 15, 2015, 06:42:02 PM
Just bought some crap on ebay using bitcoin through gyft!
oh ya i meant to try that.
how goes it?
January 15, 2015, 06:41:56 PM
I agree not very good theory, do you have one?
Yes, demand & greed fueled the bubbles. Just like it will fuel the next ones and fear fueled the crashes like we are seeing now. Normal human behavior.
January 15, 2015, 06:40:56 PM
Just bought some crap on ebay using bitcoin through gyft!
January 15, 2015, 06:39:36 PM
I agree not very good theory, do you have one?
Keeping the proceeds from silk road and stashing them, thus shortening the supply.
It's scams, all the way down.
January 15, 2015, 06:37:13 PM
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
What the hell do they mean by "leverage that price and raise it"?
Can anyone here come up with a scenario how keeping gox money at silk road could have raised the price?
My guess is that (assuming this whole thing is true) Mark used the bitcoins from SR to pump bitcoin on gox, then when shit hit the fan he seppuku'd SR with the help of the FBI (remember this caused the huge bubble up to $1k)
It's sadly actually looking plausible but I still remain sceptical about the whole thing, DPR is a VERY opinionated and idealistic guy which Mark really isn't, their characters just don't match in my opinion.
Unless it was all a ruse..
How does one uses bitcoins - to pump bitcoins?
You don't.
It''s a moronic theory.
I agree not very good theory, do you have one?
January 15, 2015, 06:36:51 PM
Ego Pay is facing problems and I don't think it will last long without going Gox:
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
I've never heard of them and their name sucks, so I dont know what to say about this.
I have full faith and confidence in bitstamp.
January 15, 2015, 06:36:12 PM
i can't believe this scammy worthless so called currency is still pumped, bulltrap of the last hope
January 15, 2015, 06:34:21 PM
Ego Pay is facing problems and I don't think it will last long without going Gox:
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
How low will prices go when the worse happens?
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