Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28388.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: macsga on April 07, 2014, 11:17:09 AM

Quote from: oda.krell on April 07, 2014, 10:54:10 AM

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

He, almost had me for a second.

Thanks for the link, though. This is (long term) pretty good news: Gavin is vastly overqualified as a glorified coding monkey, so him taking a more 'abstract' stance on Bitcoin development is long overdue, imo.

WHAT?!?!?!
VLADIMIR PUTIN HEAD PROGRAMMER OF BTICONI?!!!!!1

HODL!!!!!!1

VLADIMIR PUTIN is an anagram of "I'm valid turnip"

.... DUMP

chromosoma

sr. member

Activity: 434

Merit: 250

Ladies and gentlemen's.
I want to inform you, that we are stable. Our bitcoin chart is stable, stable falling. Nothing special today.

It is stable as my dick after climax. First it looks like it is still hard, but slowly is turning smaller and smaller

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Mining bitcoins is real work. If you think it's easy, you should try it. It's just as productive to society as digging some yellow metal out of one hole and putting in in another. It's MORE productive than printing pictures of dead presidents. Mining is also a break-even proposition. Half the miners in the real world and the bitcoinosphere lose money.

Central bankers do not have the same incentives to inject and withdraw liquidity that we as traders have. When we get stuff wrong, we pay immediately. Central bankers retire and give speeches. Helicopter Ben Bernanke put a Band-aid ^tmon a melanoma and he's called a doctor. They are still calling Alan Greenspan, Destroyer of Worlds, the "maestro".

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: aminorex on April 07, 2014, 10:41:28 AM

Arguably, a single black market web site was sufficient to support a $100 price point. A mature black market ($1tn/an on ~2mm btc float @ V=6) PQ/V~=$84bn, => btc = $42,000) is definitely sufficient to support a moon shot. Every nation on earth could outlaw bitcoin (not going to happen) and it would still make current holders an incredible return, in exchange for their willingness to endure the insane volatility.

What do you mean by "a mature black market"?

Is a black bitcoin market possible on the internet, if one cannot convert cash to bitcoin annimously, the government can snoop your email and set up fake mixers and drug sites, and all payments are publicly displayed in the blockchain?

Anyway, Bitcoin was not meant to be used by outlaws only. I don't think governments will will want to ban bitcoin, but if they do, it would have failed.

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: cAPSLOCK on April 07, 2014, 02:24:16 AM

I like how they have GWB on the left (our right) and JFK on the right. Wink

TBH, I have problems with where Lincoln is.

p0peji

sr. member

Activity: 266

Merit: 250

Quote from: chromosoma on April 07, 2014, 11:21:15 AM

Quote from: minerpumpkin on April 07, 2014, 11:17:02 AM

Nothing happening over the weekend. Then a minor, but noticeable drop and the market is still quite stable. Doesn't look like everyone's struck by fear...

Stable? on what part of this chart the market is stable? Roll Eyes

Actually going down for a long time is very positive, this means that whatever bitcoins I have left to sell are now worth less USD and I hate USD. Gogogoggog Bitcoin.

chromosoma

sr. member

Activity: 434

Merit: 250

Quote from: minerpumpkin on April 07, 2014, 11:17:02 AM

Nothing happening over the weekend. Then a minor, but noticeable drop and the market is still quite stable. Doesn't look like everyone's struck by fear...

Stable? on what part of this chart the market is stable? Roll Eyes

roslinpl

legendary

Activity: 2212

Merit: 1199

Crazy things going on I see

but price is good Tongue

to buy some!

or to hodl ... or to just spend and buy something nice from bitcoins, fuc* the price Grin

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Wladimir van der Laan has been responsible for much of the good work recently. I suspect many here that also keep a close eye on the Bitcoin github community would back me up on this. Makes sense for Gavin to take a more aerial view. IMHO this is a very positive move.

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

^ His last name is Dutch, doesn't appear to be a Russian.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: oda.krell on April 07, 2014, 10:54:10 AM

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

He, almost had me for a second.

Thanks for the link, though. This is (long term) pretty good news: Gavin is vastly overqualified as a glorified coding monkey, so him taking a more 'abstract' stance on Bitcoin development is long overdue, imo.

WHAT?!?!?!
VLADIMIR PUTIN HEAD PROGRAMMER OF BTICONI?!!!!!1

HODL!!!!!!1

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Nothing happening over the weekend. Then a minor, but noticeable drop and the market is still quite stable. Doesn't look like everyone's struck by fear...

chromosoma

sr. member

Activity: 434

Merit: 250

Quote from: Adrian-x on April 07, 2014, 11:07:40 AM

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

This troll is not being paid Wink

Replace paper money in your stagnant with fiat created by decree of TPTB, and you realize there isn't enough paper to print all the money they created. Then you realize fiat is more plentiful than the shells you fear.

Jobs like the one you describe are to insure growth in the economy, specialization and create a distraction to minimize understand of the digital fiat you work so hard to get.

Yes, debts, credits etc. There are much more money exist then people ever earned. But still paper money is a good motivation for peopel to do something to sociaty. Why clean streets, why do some dirty job if you can just mine coins?

Why designing a car or a spaceship , if you can buy BTC-RIG and stay at home.
The work should be done by humans, not ASICS...

p0peji

sr. member

Activity: 266

Merit: 250

Quote from: jonoiv on April 07, 2014, 11:10:54 AM

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

So he's thrown in the towel, but tries to make it look planned!

No wait you have to put it in perma-bull words

Quote

He, almost had me for a second.

Thanks for the link, though. This is (long term) pretty good news: Gavin is vastly overqualified as a glorified coding monkey, so him taking a more 'abstract' stance on Bitcoin development is long overdue, imo.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: Walsoraj on April 07, 2014, 10:52:02 AM

https://bitcoinfoundation.org/blog/?p=677

Gavin stepping down as lead dev... game over man, game over. Single digits by Friday.

So he's thrown in the towel, but tries to make it look planned!

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: chromosoma on April 07, 2014, 10:45:32 AM

Quote from: zoinky on April 07, 2014, 10:38:09 AM

Crazy to think paper in your wallet can be worth anything, don't even have to go look for it, its printed... The world is so wacky.

Yes,paper money are the sign of value, of work.
For example you work as engineer and design new car. You get paid. This is the reward for you work.
You go to the supermarket and buy some bread. The money you pay serve as the reward for farmers, driver, workers at the market, tax etc.
The paper money DO have real value, so to say the real Proof of Work;)

In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society.... Roll Eyes

Why work at some hard and dirty jon, if you can buy yourself a rig, and do nothing.

This troll is not being paid Wink

Replace paper money in your stagnant with fiat created by decree of TPTB, and you realize there isn't enough paper to print all the money they created. Then you realize fiat is more plentiful than the shells you fear.

Jobs like the one you describe are to insure growth in the economy, specialization and create a distraction to minimize understand of the digital fiat you work so hard to get.

Edit : the rig doesn't do nothing it ensures only 21 million Bitcoin ever are created. It ensures your understanding of money having value remains true.

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

Bitfinex passes proof of solvency audit:

https://bitcointalksearch.org/topic/ann-bitfinex-passes-proof-of-solvency-audit-560457

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: aminorex on April 07, 2014, 10:15:15 AM

Quote from: billyjoeallen on April 07, 2014, 10:00:34 AM

I just though of a way a whale can make relatively risk-free profit: Take out a margin short position at the same time you dump. Cover the short when the price drops and lock in your profit. Then buy the coins back. You could do it the same way going up with tons of fiat.

It's easy to imagine these things. I challenge you to actually achieve them.

Dumping means you are losing value with each bitcoin sold, while covering means that you are losing value with each bitcoin bought, as the market moves against you. You're lucky if the whole operation is a wash.

Self-dealing in an illiquid market, waiting for alien liquidity to come in, then seizing it, it probably the most straightforward manipulation which can work reliably. The manipulation is accomplished with relatively few coins. The profit is gained in a single high volume swoop. Then you relinquish control of the market, let it stabilize, and try again.

There are low volume days when most of the other whales are asleep or away when you could do it will very little risk. I'm not a whale, but even I chopped the head off that sucker's rally three days ago with out even using using much of my trading stash, let alone cold storage. I just wished I had trusted myself more and dumped everything.

The $710 whale was alien liquidity too, just on the fiat side. Who on this thread has the ability to quickly take advantage of a major BTC dump? Who has the fiat besides me? Nobody except TERA that I know of, and we're not whales. Most of the clowns here buy BTC the same hour their fiat hit's the exchange. They have the patience of a teenage boy fucking in the back seat. Put in your bids and let the sellers come to you. They will come.

dreamspark

hero member

Activity: 798

Merit: 1000

The bears really are struggling at the moment, every attempted dump is met with buying meaning the buyers are there just not jumping on the train prematurely but quietly accumalating from all the panickers and pigs.

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

It's been 3months I'm saying the truth! It's crashing!! PERMABULL ARE SO DUMB THAT THEY STILL THINK IT'S TROLLING! EVEN AFTER MY PREDICTION WERE RIGHT !! WTF! much denial, better to ignore me...

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