Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28496. (Read 26720615 times)

Hm, nice find... only thing is that it was about at same time CHina news came. If we could only find out if bot was around on 4hr MACD previous down cross.

Get a room, you two.

DDOS'ing the bitcoin protocol, DDOS'ing the forum, the exchanges, spreading false rumors, stealing coins, using stolen funds to push the market.  Using other people's computers against their will to attack the network.


Crimes and torts are not the free market.  I'm telling you that any community that can not or will not defend itself will not survive.

Can you breathe through your nose or do you have to take breaks?

Sounds like Wall Street and modern banking. Lotsa folks continuing to invest there.

look at those Bitfinex ask walls. Wer'e in for some discount coins! Hope everyone's got their fiat handy.

Is that Roosevelt on the right, standing up?

If Ayn Rand had a dick, it would only be 2 inches in total.. .so your hypothetical is giving too much credit.      

I dunno. How far up your ass do you keep your copy of Das Kapital?

I believe that your initial point ( I believe it was yours) that I was responding to had something to do with the question about whether we were all being manipulated.. and that there were more coins than we thought (12.5 million or whatever our current quantity is).  I suggested that exchanges may be doing this, too.. working outside the original intent of bitcoin and the blockchain. 

I doubt that a long term and meaningful solution needs to be regulation or regulated exchanges.. b/c that would likely lead bitcoin back down the slippery slope of fiat money and the whole printing problem.

I am no fricking expert, but I am of the understanding that there are various kinds of decentralized exchange solutions in development, including through mastercoin, and colored coins and Nxt that would potentially address these kinds of exchange issues, so we do NOT have to work off of the blockchain and we do not have to give up our coins to third parties and lack of transparency.  Whether these kinds of solutions will be sufficient or solve more problems than they create may be another story.. but it will likely take some time for adoption of these kinds of decentralized solutions.  Others here probably can speak much more eloquent to the point than me, that's for sure.

1k sell wall at bitfinex.... lets see how long that lasts.

Explanation

If Ayn Rand had a dick, how far down your throat do you think it would be? 3 inches? 4? The whole goddamn 8?

who is selling

arrr...  yer .. Im with ya now   Yep trading a database number price not actual BTC.


  I guess if BTC does survive the next few years, people will move to regulated exchanges.  what makes BTC great is also it's weakness.   

Various solutions are evolving regarding this wild-wild west, and maybe in time, there will be decentralized solutions that solve some of the problems of people running off with coins, for example... Hopefully!!!  I know during innovation stages, there are going to be risks.. but I would hate to lose all my coins b/c some smart 16 year old figured out a way to hack into my wallet or to divert my transaction or something like that.

The SEC is worthless. They can be bought. Who regulates the regulators? The solutions are both technological and good ol' fashioned caveat emptor.  Reggie Middleton designed a way to trade stocks on the blockchain. I think the idea holds great promise.

I just don't get the gripes. If you think JP Morgan is artificially suppressing gold prices, then good! Buy gold at a discount. Just don't buy at a discount and then gripe that you may also have to sell at a discount. You can't have it both ways.

You think bitcoin price is artificially high? Then quit bitching and sell. or don't buy any. If you think it's artificially low then buy more. People are buying and selling based on information you don't have. They always have and always will. But maybe you have information they don't have. Nobody knows everything.

And the griping that rich people have disproportionate influence over your future is infantile. I'd rather have rich people with disproportionate influence than poor people. They are much worse.

These are all very good points, yet they are even above and beyond the point that I was making.   I was saying that most of the exchanges or even some services like silkroad or some other service allows you to create an account.  Thereafter, those transactions within the service are taking place off of the blockchain, and allows for manipulation of how many BTC are being used to employ the services of the business.. and whether they even have as many BTC as customers have given to them.  And, that causes a manipulation of potentially creating more than 21 million BTC b/c these kinds of entities could be engaging in a form of fractional reserve... .and we may NOT be able to know or detect such fractional reserve practices until we want to get our coins from them (or everyone wants their coins).

looking at that 480 - 410 drop, the only similarity I can see between now, and then is the 4 hour MACD,  they are at very similar stages. and about the same volume.  

Maybe this is triggering the bot.  




EDIT: 4 hour MACD

The government is responsible for consumer protection. If nobody wants manipulation in stock markets, commodity markets etc... then let democracy have its way. But in bitcoin land, well, we asked for freedom, and hey..... we got it! and it's great. but unfortunately manipulation cannot be dealt with in the protocol. now people will need to learn for once how to deal with their problems them selves.