Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25602. (Read 26609703 times)
September 25, 2014, 12:01:16 PM
September 25, 2014, 12:00:09 PM
I think Occam's Razor applies to my theory of the price action since June 1st,
Hal Finney's coins are being sold.
He was the earliest adopter and probably had 500,000 coins.
In June, he started selling because he needed the money for medical bills and the cryo project.
His family is still selling. Soon they will be done selling and up we will go.
BTW the days destroyed won't show it because he moved his coins around a lot.
One thought I had was what if there's some rich Chinese dude looking to "Exit stage left". Buying lots of Bitcoin and cashing out to $$$ would be a decent way of evading currency controls and you might be less concerned about the price.
September 25, 2014, 11:43:45 AM
I understood that PayPal is merely accepting dollars from BitPay/Coinbase/Coinsetter and delivering them to merchants who subscribe to PayPal. And for "digital goods" only. And only in North America. Isn't that so?
Which is pretty much the MO for when you make purchases in a foreign currency anyway. Though I'm sure Paypal attempts to use mostly funds they are holding, no doubt that when there is an imbalance, they go to the exchanges.
September 25, 2014, 11:33:14 AM
The hoarding "problem" is quite likely an attack and any site/jurno making an issue out of it should raise red flags (plenty of copycats too though). More spending means more coins entering the market and so more down. (EDIT) The concept of savings being bad is artificial, its also interesting to note that the term "hoarding" has been in common use on this site for more than two years. That's likely an artificial substitution by the shills as "hoarding" is a direct substitution of "saving" and its not a natural one, very few people would use it in normal conversation.
It's the new tactic. Just as taking advantage of laws which lessen your tax burden is now to be viewed as something bad. Unless you are turning all your income over to the collective, you're an evil person.
September 25, 2014, 11:29:54 AM
No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week.
EDIT: Gold has a rocket up its arse and the dow is back on course with its plummet, should be a push up but I'm not about to doubt the monkeys wisdom.
Gold has been bouncing off the $1200 mark for past year and a half or so.... last time it went this low (it hit $1208.xx) was in July 2010, support seems strong enough at $1200 for a bounce off here ($1221 a moment ago) if it continues this will be its third bounce off of $1200, remains to be seen if it manages to break $1400 this time around... (I think Gold has got to go nuts at some point)
September 25, 2014, 11:29:15 AM
The volume is "fake" because the fees are 0. You can run bots all day long, it doesn't cost a penny. It becomes properly fake if the exchange operates the bots themselves, but I don't think that has been proven to be the case?
Thought experiment: What it the optimal fee for "correct" volume?
September 25, 2014, 11:16:03 AM
windows is less secure simply because its the most widely used and so the most targeted.
At least with open source you can find out about bugs and backdoors.
You have to be pretty foolish not to expect secret services or other large players to have the source code to windows or even their own backdoors specifically put in.
Security through obscurity will eventually come to bite you
After Snowden even the wildest tinfoil hat theories can seem plausible
September 25, 2014, 11:15:18 AM
Is btc-e with his tiny volume and buy/sell orders trying to manipulate the market? Or someone using btc-e to create a tendency? Should btc-e taken out of places like bitcoinwisdom and replaced by another like okcoin?
September 25, 2014, 11:02:57 AM
No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week.
Why?
September 25, 2014, 11:01:17 AM
windows is less secure simply because its the most widely used and so the most targeted.
No, its because the NSA backdoors it.
It's also NOT the most used.
GNU/Linux is the most used OS in the world if I'm not mistaken?
You're grossly mistaken.
http://en.wikipedia.org/wiki/Usage_share_of_operating_systems
I humbly take it back
I was under the impression that billions of servers were all using linux, dwarfing the desktop PCs in numbers. And then there's android which is huge (and also linux)
The server market is dominated by Linux. Even Microsoft was using Postfix for their Exchange servers and Hotmail was running on FreeBSD at one point (I don't know if they still are... I read about it a few years ago). I think they also use Linux for several other sites. Kind of funny, but I guess they just pick the best tool for the job
September 25, 2014, 10:59:22 AM
No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week.
September 25, 2014, 10:49:41 AM
Meanwhile in Australia
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that.
The only thing I'm terrified of is my government.
pretty crazy to see stuff like this going on in western countries... sad days ahead as gov't abuse of citizens will surely be on the uptake
Okay, another country you don't want to live.
September 25, 2014, 10:39:08 AM
Feeling bullish but I don't know why.
careful don't want to jinx it
September 25, 2014, 10:34:27 AM
Feeling bullish but I don't know why.
September 25, 2014, 10:32:11 AM
Meanwhile in Australia
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that.
The only thing I'm terrified of is my government.
pretty crazy to see stuff like this going on in western countries... sad days ahead as gov't abuse of citizens will surely be on the uptake
One of the five eyes (FVEY) just opened a little wider, and did not even try to hide it this time.
September 25, 2014, 10:29:14 AM
Meanwhile in Australia
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that.
The only thing I'm terrified of is my government.
pretty crazy to see stuff like this going on in western countries... sad days ahead as gov't abuse of citizens will surely be on the uptake
September 25, 2014, 10:24:42 AM
Meanwhile in Australia
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that.
The only thing I'm terrified of is my government.
September 25, 2014, 10:23:27 AM
Meanwhile in Australia
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
http://www.theage.com.au/digital-life/consumer-security/terror-laws-clear-senate-enabling-entire-australian-web-to-be-monitored-and-whistleblowers-to-be-jailed-20140925-10m8ih.html
The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that.
September 25, 2014, 10:18:19 AM
windows is less secure simply because its the most widely used and so the most targeted.
No, its because the NSA backdoors it.
It's also NOT the most used.
GNU/Linux is the most used OS in the world if I'm not mistaken?
You're grossly mistaken.
http://en.wikipedia.org/wiki/Usage_share_of_operating_systems
I humbly take it back
I was under the impression that billions of servers were all using linux, dwarfing the desktop PCs in numbers. And then there's android which is huge (and also linux)
first one would need to define what it means to be "most used"; one could argue that Windows is the most used, if one defines used as used like the bathroom stalls at old inner city greyhound bus stations
Is that no vomiting or no drinking from the toilet? Where do you want my hungover ass to vomit? Guess I'll find a more fun place....
September 25, 2014, 10:14:15 AM
^Daddy issues?
Stop being stingy and invest in an operating system designed by adults for adults
Stop being stingy and invest in an operating system designed by adults for adults
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