Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28923. (Read 26609644 times)
March 10, 2014, 03:04:15 AM
March 10, 2014, 02:39:52 AM
some kind of hidden ask bot soaking up massive ammounts in 2 btc increments around 639 - 640 on BFX the last hour ....
March 10, 2014, 02:27:52 AM
http://www.newsweek.com/newsweeks-statement-bitcoin-story-231242
"Moreover, it encourages all to be respectful of the privacy and rights of the individuals involved.~Newsweek
We have a winner for the WTF award.
"Moreover, it encourages all to be respectful of the privacy and rights of the individuals involved.~Newsweek
We have a winner for the WTF award.
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It is natural and expected for a major news revelation such as this to spark debate and controversy. Many of the greatest journalistic scoops have prompted similar reaction.
man, they suck. they are actually taking the heavy criticism for their most embarrassing fuck up in 80 years as a sign of merit.
media is pointing at bitcoin ? to me, bitcoin is pointing at the media. bitcoin has thought me more about mainstream media than anything else.
March 10, 2014, 02:04:15 AM
March 10, 2014, 01:15:47 AM
http://www.newsweek.com/newsweeks-statement-bitcoin-story-231242
"Moreover, it encourages all to be respectful of the privacy and rights of the individuals involved.~Newsweek
We have a winner for the WTF award.
"Moreover, it encourages all to be respectful of the privacy and rights of the individuals involved.~Newsweek
We have a winner for the WTF award.
March 10, 2014, 01:03:49 AM
March 10, 2014, 12:50:07 AM
If you wish to do this to derive a minimally impeachable kernels for gross product and velocity, you should beware that the result may be deceiving unless you perform a comparable factoring of fiat economies. Financial services are a large component of the latter.
I would be happy with a gross estimate of ClassA:ClassB split.
My feeling is that classB (non-commerce) has grown a lot since the price started to rally above the 20$ level, when it became attractive to day-trader types. On the other hand, ClassA may have shrunk: because the higher price means less BTC are needed to pay the same amount, and because the use of BTC for drugs and other illegal trade probably decreased a lot after the Silk Road bust and all that.
Today 90% of the trade volume at the exchanges is in China, where the use of bitcoin in commerce must be very small. But of course trade volume does not translate into blockchain transactions, so the question remains...
March 10, 2014, 12:41:20 AM
HUOBI starting to catch up.
Upward movement across the board starting soon imo.
Upward movement across the board starting soon imo.
March 10, 2014, 12:37:25 AM
How long has that 10k (fake?) wall been up on bitfinex?
not long i think. i just saw it. hope it's not the same guy from last week...
She flashed the same 2 x 5k BTC sell orders at 633 and 633.33 yesterday. She also flashed like that in the mid 500s, I think 560 and 563. Now she's at 659.
what do you suppose the strategy is?
March 10, 2014, 12:30:41 AM
Quote from: JorgeStolfi
I think the two classes of transactions can be distinguished in theory. Class A ( "payment for goods and services using bitcoin") is transfer of bitcoin from a customer's address to an address belonging to someone who sells goods and services unrelated to crypto-coins, in exchange for said goods and services being provided to the customer.
Class B is pretty much everything else, such as transfer to/from a bitcoin exchange's wallet, transfers between people or companies in exchange of cash or other coins, etc.
If you wish to do this to derive a minimally impeachable kernels for gross product and velocity, you should beware that the result may be deceiving unless you perform a comparable factoring of fiat economies. Financial services are a large component of the latter.
For a crude first approximation, take xns in multiples of .1 or .25 btc as class B and the remainder as A. Improve by sampling each and determining classification error rates using known addresses with i.i.d. assumptions.
March 10, 2014, 12:29:08 AM
I'm not advocating an armed insurrection. That would be futile.
Why? Moral precepts, first-order feasibility, or long-term sustainability?The first would be insurmountable. The second may be surmountable with surprising ease, by innovative technique. The third is inescapably challenging.
It's just poor strategy to fight your enemy with his own preferred weapons. It's simply unnecessary anyway. The national governments of the world are doing a marvelous job destroying themselves. All we have to do it get out of the way.
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I am advocating participation in the system to the least amount possible until in crumbles under its own weight.
That may be no less futile, and all the challenges of the third rationale continue to apply.
Obviously it's futile, but that makes it no less worthy of an objective. On a long enough timeline, the survival rate of everyone turns to zero. I resist being ruled because it's in my nature to do so. That's simply what men do.
March 09, 2014, 11:52:57 PM
mark traded on his site
TIBANNE_LIMITED_HK traded on mtgox from aug-2011 to oct-2012 according to the trade data leaked
TIBANNE_LIMITED_HK purchased 83584.3166449 btc and sold 377646.65208 USD worth of btc in dec 2011 alone
TIBANNE_LIMITED_HK traded on mtgox from aug-2011 to oct-2012 according to the trade data leaked
TIBANNE_LIMITED_HK purchased 83584.3166449 btc and sold 377646.65208 USD worth of btc in dec 2011 alone
Interesting, I thought he specifically said he didn't.
March 09, 2014, 11:50:56 PM
How long has that 10k (fake?) wall been up on bitfinex?
not long i think. i just saw it. hope it's not the same guy from last week...
March 09, 2014, 11:43:19 PM
mark traded on his site
TIBANNE_LIMITED_HK traded on mtgox from aug-2011 to oct-2012 according to the trade data leaked
TIBANNE_LIMITED_HK purchased 83584.3166449 btc and sold 377646.65208 USD worth of btc in dec 2011 alone
TIBANNE_LIMITED_HK traded on mtgox from aug-2011 to oct-2012 according to the trade data leaked
TIBANNE_LIMITED_HK purchased 83584.3166449 btc and sold 377646.65208 USD worth of btc in dec 2011 alone
March 09, 2014, 11:43:12 PM
How long has that 10k (fake?) wall been up on bitfinex?
March 09, 2014, 11:30:46 PM
Ask him to confirm that he's not involved in Bitcoin. If he can't, that's proof positive.
I had not even heard of bitcom until Dorian said he had a free lunch from it. I have no more involvement with it now; I leave that to others. Unless...sushi.
March 09, 2014, 11:26:59 PM
If my understanding of events is correct, the fact that such brutal charges can be credibly pressed against someone diligently seeking to be fully compliant with existing law is a much more serious indictment of the government than of Shrem. My understanding of events is fragmentary and remote, however.
March 09, 2014, 11:19:50 PM
It shows that they should've had Currency: BTC Balance: 951,116.21905382
So 950k btc.
So 950k btc.
Not necessarily just clients as Mt Gox's holdings and Mr Karpeles' holdings may be represented in the accounting system as "users".
It shows what their accounting system says they should have had. Which accounting system may or may not have any connection to reality.
March 09, 2014, 11:14:35 PM
I'm not advocating an armed insurrection. That would be futile.
Why? Moral precepts, first-order feasibility, or long-term sustainability?The first would be insurmountable. The second may be surmountable with surprising ease, by innovative technique. The third is inescapably challenging.
Quote
I am advocating participation in the system to the least amount possible until in crumbles under its own weight.
That may be no less futile, and all the challenges of the third rationale continue to apply.
March 09, 2014, 11:12:00 PM
It shows that they should've had Currency: BTC Balance: 951,116.21905382
So 950k btc.
So 950k btc.
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