Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
Signed up today and had a look at it, platform seems really nice and professional. Not traded on it yet, but plan to soon.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28745. (Read 26630216 times)
March 24, 2014, 03:58:24 PM
Signed up today and had a look at it, platform seems really nice and professional. Not traded on it yet, but plan to soon.
March 24, 2014, 03:54:51 PM
Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
March 24, 2014, 03:53:37 PM
We are currently experiencing overwhelming profits on long positions but advise all traders to remain calm and HODL.
March 24, 2014, 03:42:56 PM
Interesting discovery we just made in Risto's thread: price action seems to grow with (proxies for) the square of the number of users, as per Metcalfe's law.
What would be the current price projection based on this model?
I admit this is indeed a pretty interesting fit!
March 24, 2014, 03:41:57 PM
580 about to get eaten ! 
I think its about to go vertical.
I think its about to go vertical.
March 24, 2014, 03:41:15 PM
I just rubbed it in my local grocer's face that I no longer consider myself a lifetime Gold member of their establishment because [ .. ] they ignored my request to add Bitcoin.
There, I found another reason to be skeptic about the success of bitcoin: bitcoiners will shop at Walmart instead of at their local grocer, therefore they will eat less healthy food, therefore the genetic predisposition to believe in privately issued cryptocurrencies will soon be weeded out of mankind's gene pool by natural selection. 
Natural selection takes eons before you see effects. Multiple generations. Walmart stock and profits are doing just fine. If Bitcoin does half as well, I'll sire a few litters of bastards to pass on my genes before I die anyway. Bitchez love guys with money, even if you don't spend it on them.
http://orymh.bandcamp.com/track/the-bitcoin-rally-song
March 24, 2014, 03:37:06 PM
March 24, 2014, 03:27:31 PM
I just rubbed it in my local grocer's face that I no longer consider myself a lifetime Gold member of their establishment because [ .. ] they ignored my request to add Bitcoin.
There, I found another reason to be skeptic about the success of bitcoin: bitcoiners will shop at Walmart instead of at their local grocer, therefore they will eat less healthy food, therefore the genetic predisposition to believe in privately issued cryptocurrencies will soon be weeded out of mankind's gene pool by natural selection. 
March 24, 2014, 03:24:00 PM
....as per Metcalfe's law.
Useless chart without dinosaurs. I'm not sold yet.
Metcalfe was born in 1946. He *is* a dinosaur. Note that I am a dinosaur as well, so I have nothing against them except we smell a bit swampy.
March 24, 2014, 03:10:33 PM
>>>> $600 train, ALL ABOARD!
March 24, 2014, 03:09:28 PM
Interesting discovery we just made in Risto's thread: price action seems to grow with (proxies for) the square of the number of users, as per Metcalfe's law.
Here is the square of the number of TXs per day (excluding popular addresses) overlaying the price history and shown on a log scale. I've shifted the N2TX curve for easier comparisons. Indeed, Metcalfe's law appears to hold (the two curves tend to have the same slope on the log curve at any given point in time).
Useless chart without dinosaurs. I'm not sold yet.
March 24, 2014, 03:07:12 PM
Interesting discovery we just made in Risto's thread: price action seems to grow with (proxies for) the square of the number of users, as per Metcalfe's law.
Here is the square of the number of TXs per day (excluding popular addresses) overlaying the price history and shown on a log scale. I've shifted the N2TX curve for easier comparisons. Indeed, Metcalfe's law appears to hold (the two curves tend to have the same slope on the log curve at any given point in time).
March 24, 2014, 03:02:30 PM
March 24, 2014, 02:53:06 PM
I just rubbed it in my local grocer's face that I no longer consider myself a lifetime Gold member of their establishment because Walmart gift cards are now available at Gyft.com. OK, it wasn't exactly the local grocer's face but rather to the unread contact form responses which go to some minimum wage corporate kid, but I still feel better after they ignored my request to add Bitcoin. So, now! Up your nose with a rubber hose!
March 24, 2014, 02:46:35 PM
dat bounce.
March 24, 2014, 02:31:12 PM
I guess several people going to join Kraken now.
It was about time.
It was about time.
Quite so. Great service IMHO.
March 24, 2014, 02:14:32 PM
I guess several people going to join Kraken now.
It was about time.
It was about time.
March 24, 2014, 02:11:29 PM
Well, we are finally getting our bounce.
My impression is that this recovery is driven by the non-Chinese exchanges (did that robot seller stop dumping on Bitstamp?). It is being taken to China by arbitrage, with no resistance since it is 2am there. If that is correct, the price may contuinue rising for another 3-4 hours; then we'll see... March 24, 2014, 02:04:08 PM
should not feelling good to be out now.
damn good point. March 24, 2014, 01:57:06 PM
should not feelling good to be out now.
Jump to: