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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28850. (Read 26623491 times)

sr. member
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hey, I made a similar chart a few days ago. :-)

I am using the gox data until bitcoinaverage was tracking the data.



Now looking for additional historical data (I need it for my thesis)
legendary
Activity: 1470
Merit: 1000
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hey, I made a similar chart a few days ago. :-)

I am using the gox data until bitcoinaverage was tracking the data.



Now looking for additional historical data (I need it for my thesis)
legendary
Activity: 1148
Merit: 1001
Much exciting, so action Cheesy



This is the "Stability" everyone says Bitcoin doesn't have.

It will probably only last a day or two more though. Cheesy
sr. member
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"Trading Platform of The Future!"
Much exciting, so action Cheesy


market says.. "I don't know what to do!!!  Huh Huh Huh"
legendary
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Duelbits.com
Much exciting, so action Cheesy

legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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Hide your women
Who thinks the situation in Ukraine will spark something in the bitcoin price?

To date, none of the so-called "pariah" states have utilized Bitcoin to evade sanctions to any significant degree. I don't know why. Russia may be different, but judging by the statement of its central bank, I think it unlikely. My guess is that bitcoin will trail gold price increases for a while before surpassing them.
hero member
Activity: 910
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Personally, I think the most likely explanation is that the coins were stolen many years ago and sold off explaining the bitcoin bear market of 2011. [ ... ] [https://bitcointalksearch.org/topic/peter-r-rizuns-theory-on-the-collapse-of-mtgox-and-its-effect-on-the-price-of-bitcoin-497289].

Perhaps, but check this reply to that post:
https://bitcointalksearch.org/topic/m.5474846

EDIT: But there is a counter-reply:
https://bitcointalksearch.org/topic/m.5474989
hero member
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in defi we trust
Who thinks the situation in Ukraine will spark something in the bitcoin price?

I'm almost willing to bet nothing will happen to the BTC price, sanctions or not.
legendary
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I think bitcoin may drop to $566 before trending back up. Lyth0s March through July 2014 bitcoin prediction here.

hero member
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Er, wasn't this thread created specifically to hold those hourly Chartbuddy plots?

If they look all the same, it is because nothing significant is happening on Bitstamp's order book.

If they are posted one after the other, it is because nothing significant is happening in this thread, either.  Sad
legendary
Activity: 3934
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Self-Custody is a right. Say no to"Non-custodial"
I am fairly certain that each dollar that has been in existence for more than a couple of years, has passed through the hands of at least 10 criminals.
That is quite different than "10% of the money supply in the world is in the hands of common criminals".


You keep repeating this speculation as if it were true, merely b/c it is possible.  Yes, it is possible that 10% of bitcoins are in the hands of criminals.  However, under the scenario that you paint, it is highly unlikely.  Why would criminals want to hoard bitcoins?  They may clean them first before hoarding them, but likely they would cash out of some of them, if it were true that "criminals" were holding 10% of bitcoins. 

Also, you are NOT even clear with your definition, exactly, what is a criminal.  I am gathering that you are defining a criminal as someone who has taken someone else's bitcoin.

If it is a small group of people, then is their plot to hold bitcoin in order to sabotage bitcoin in one way or another.  I doubt it.  Usually, thieves are NOT that ideological nor that sophisticated.  Usually, thieves are inclined to steal in order to reap the benefits of the theft (and accordingly to cash out).  Since dollars are more liquid than bitcoins, it is likely that a lot of these 10%, if they were to exist, are in dollars, and NOT in bitcoins... .. so, therefore, your theory about 10% of bitcoins being in the hands of thieves is NOT only highly unlikely but also highly implausible in terms of its speculative value.
legendary
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legendary
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legendary
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Who thinks the situation in Ukraine will spark something in the bitcoin price?

Do you think the Ukranians have the infrastructure to use bitcoin in times of war? I dont, I dont think it will be useful in war. However, there may be a few millionaires/billionaires in Ukraine or Russia that want to protect/hedge their fortunes. but why haven't they already done so?
hero member
Activity: 560
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Last time I discovered a type of beer called barley wine. It has 12% of alcohol but doesn't taste like it at all.

I had a Blithering Idiot tonight for first time. Very good!
http://weyerbacher.com/blog/2010/02/blithering-idiot/
legendary
Activity: 1260
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Yes, there are bad actors and yes the scandal may implicate other players. We do want to know what happened but we're burnt out on this story. [ ... ] You dwell on the negative always.

Whatever happened at MtGOX, it is certain that some 500,000 BTC now belong to a thief or scammer.  Added to other scams and thefts, known and unknown, it may be that more than 1 million BTC now belong to bitcoin criminals.  If those people go unpunished and get to keep their bitcoins, such crimes will not stop with MtGOX.

So, if bitcoin succeeds like his most ardent fans believe, perhaps 10% of all the money supply in the world will belong to criminals.  You want me to root for that?  Angry

AS opposed to now when most of the money supply is controlled by (war) criminals?

pff yeah.. forget about that, in any civilisations, cultures, times.. they'll always be heists.. its because we, humans, are not perfect. stop dreaming about a criminal-free currency. aint gonna happen. NEVER.

edit: the only question is, which one is the most useful/simple/reliable?
legendary
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Hide your women
Yes, there are bad actors and yes the scandal may implicate other players. We do want to know what happened but we're burnt out on this story. [ ... ] You dwell on the negative always.

Whatever happened at MtGOX, it is certain that some 500,000 BTC now belong to a thief or scammer.  Added to other scams and thefts, known and unknown, it may be that more than 1 million BTC now belong to bitcoin criminals.  If those people go unpunished and get to keep their bitcoins, such crimes will not stop with MtGOX.

So, if bitcoin succeeds like his most ardent fans believe, perhaps 10% of all the money supply in the world will belong to criminals.  You want me to root for that?  Angry

AS opposed to now when most of the money supply is controlled by (war) criminals?
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