Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28957. (Read 26623273 times)

180,000 gox coins moving around

you had to have one uploaded before the hack

I know, normaly I would not panic because I bought in november for 14k @780 and was chilled all the time. But now I´m only worried becaude of these hundrets of thousands of Bitcoin movements from the wallets since yesterday. So I was a bit in panic mode.

rofl

http://www.techdirt.com/articles/20140305/14182926445/rep-polis-asks-treasury-to-ban-dollar-bills-mocking-senators-request-to-ban-bitcoins.shtml

any bad news, or are we going down because low price going slightly lower is scary?

nop, it's cryptocoinchart system which sucks

Imagine all these coins hitting an exchange in 1 day and you get April 11, 2013.

https://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp

https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

Why is the total bid sum different? Does Stamp have multiple API, spitting out conflicting data?

I do not think it is him at all. The journalist "work" is extremely bad and based on pure speculation, it really looks like this is a prank pulled on her by Dorian's brother.

The internet is full of posts by Dorian (Amazon; guns forums; train models forums; Toyota forum; etc.) and his writing style is EXTREMELY different (and bad) compared to SN's. The journalist was SO BAD and so eager to publish this story that she didn't even take the time to make a real comparison between the writing of both characters - she just wrote on his piece that Dorian's wife said that her husband mixes both American and UK english, which is beyond ridiculous as a "proof", especially if there is SO much material on the internet to make a REAL comparison. It's obvious that Dorian writes a very bad english, and this is very easily verifiable: his posts all over the internet.

All in all there's some circumstancial evidence, but not a single hint of firm evidence. In fact, the strongest evidence is that the guy's birth name is Satoshi Nakamoto -  but Dorian is a physicist and an engineer, not a cryptographer; add to that his bad english (which, again, is easily proved by using a little google-skills) and the unbelievable characteristics of this story (a guy who never spoke to his family about his project and went to greath lengths to be anonymous "tacitly admits" his involvment to a journalist and uses his real name to publish the foundational paper).

I bet Dorian is not SN. It just doesn't add up. If his birth name was not "Satoshi Nakamoto", everybody would have been laughing at this whole story. It's much more likely SN is Nick Szabo - the evidence is still circumstancial but orders of magnitude stronger in his case. For Christ sake, Nick Szabo was the "inventor" of the "smart contract" concept, his work revolves around the concept of eliminating trust on third parties using decentralized ledgers and he created "bit gold" (which is pure and simply the precursor of Bitcoin), working on it for decades until he stopped publishing papers on electronic cash around 2005 (his last post on bit gold was written on his blog on 2008, just little before the Bitcoin paper was published - what a coincidence). Plus, Szabo's and Satoshi's writing styles are very similar, they use the very same terms and concepts and their work revolves around the very same point. It really looks like Szabo found the "solution to the problem" and created bitcoin, and that's why he never published again about electronic cash/trustless sytems - which were the center of his work for more than a decade. He never wrote about bitcoin and ignores all the comments about bitcoin on his blog, which seems incredibly shady given the fact that he is clearly the inspirator of such a system…  All that might be circumstancial, but the links (in form of PAPERS and WORKS, not speculation by family members and retarded journalists) are SO strong they cannot be ignored.

IMO all this Dorian story is a ludicrous joke that leverages on just three things: A) Dorian's name; B) the fact Dorian worked on classified projects; C) the fact Dorian is a libertarian and quite "paranoid" when it comes to Government - which is simply what you would expect from anyone who has worked for the Government - he just knows first hand that Govs spy and apply violence on people.

The Newsweek journalists should be ashamed.

Hi everyone, Andreas M. Antonopoulos here.
I'm fundraising for Dorian Nakamoto, the person named in the newsweak article.
I have no idea if this person is Satoshi, though it seems increasingly unlikely. However, it doesn't matter either way. If this person is Satoshi, then the funds are a small "thanks" and won't make much of a difference.
However, if this person is not Satoshi, then these funds will serve as a "sorry for what happened to you", help with medical bills his family is facing, any legal bills they may incur, or anything else. Most of all, it serves to soften the damage caused by irresponsible journalism and to demonstrate the generosity and empathy of the community, which I know is huge
Here's how it will work. I will collect donations to a single bitcoin address, posted below, with the following rules:
Donations accepted until the end of March.
At the end of March, donations will be converted to USD and delivered to Dorian Nakamoto.
If the donation is rejected by Dorian, then the funds will go to a charity of his choice
If he doesn't want to choose a charity, funds will be donated to the Electronic Frontier Foundation
Any funds sent after the deadline, will be donated to Dorian at a later date, or a charity of his choice or EFF as above.
After the end of March, I will make my best effort to contact Dorian and deliver the donations in USD. I will document as much of that process as possible to prove the donations were delivered, as long as that documentation does not affect Dorian's privacy.
The blockchain will provide transparency of all funds donated, which will not move from that address until the funds are delivered to the intended recipient based on the rules above.

The donation address is:
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
Donations for Dorian Nakamoto: 1Dorian4RoXcnBv9hnQ4Y2C1an6NJ4UrjX -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.13 (Darwin) Comment: GPGTools - http://gpgtools.org[1]
iQIcBAEBAgAGBQJTGfpbAAoJEDObAhCxYy501RoQANnJtZYPVqo2d/M2vcbNBfQ0 zUnFum+B4YxrjIeRkM4m9mDvnRWN3xccUARFi7QeW4C9qnuvKJOUMHX4Iw48sBgD liXGEVUqkvvUPNkeS0QY5kdD+H/8xFxtlKrowzKFweZBU44HOnz00yISRW/Q4wIi THUTiorZESNi8+2yaIvAW6HViS8jSD7GM37Xfe/s5lhOjKe30LnFRrlDBmveMS8p vxOwB6WgyradedlyqoWTMsH7wj/9vRw0aPCsaCnSTIwG0tkSDcTQf83pPHxYpi6B gGPxXoGC/TOt0yCQRclHSYm92e+fJiEApq3JUOLVxGAmAk9qF7B8dL5tcq5C71fb H48cEe91tNv9L9nyluPxpZnMcd+Qfc38EtKviTkDazpdU7M30J2ttP2amfh4PDkW W+ABvKjyy/MO8j4YHGUCZA9YxgAAoY2yvk1Cf4lHNA/c5Pg3aE8B2rt0wx8fbGoY jyHn3w/0Ty4yhWfpp+cMAeZuIqL4MJMBl2e28pgm7B5Kum8rt/jWreEyRQpCuwRK eIgdGBZpv5UjR/3TL9GC1xcRDcXPGcrVCngOQFUr/3oQ3Zibhxk0z26bvLpYTdvc 9o0VJP3rO8R31Nim1F629/hmklHUwS+nvPH/u/jgswKl4cWB29dVszj3ubB5Opry [2] BjZ8H0MoTbE8KNH9XZaO =dp1E -----END PGP SIGNATURE-----

My PGP key for blockchain.info email address is well known, widely disseminated and can be validated by many others. Use only the address above for donations, all other addresses are scams

Surely we are all making estimates about what to do based on our information and knowledge.. .and sometimes based on what others say. 

In my thinking it is pretty unlikely that you are fucked at that $685 buy-in price, unless you sell and lock in your losses  then you would be fucked.  My average buy in price is around that same amount and I am NOT worried (but I only have invested about half that amount, so far, and my investments are diversified.... into other things as well.... so I am prepared to lose all, if things were to go too sour). 

Anyhow, I am buying more BTC if the price goes into the $500s, which may be soon... but I only buy in small increments.. maybe 1 BTC at a time, or less.  if the price goes lower, I will buy more.. but I also have a buy budget... only a certain amount at a time. 

I'm NOT selling or considering selling based on the news that I have NOW in front of me (unless I know for sure the price is going further down by like 10% from my sell, then I may attempt to increase my holdings buy buying back in at the lower price).  At this time, I expect that if I were to sell, then the price would reverse and start to go back up. 

Also, I expect within a week or so, we should be back into the upper 600s... and within a couple of weeks.. maybe stretching out into the 1 month time frame we should be between 750 and 850 area....

Of course, I could be wrong... and that wouldn't be the first time... .. so we each need to go with our gut and our risk profile and our current diversification of investments to make our decisions.