Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28970. (Read 26619939 times)

KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
...in this regard, the real Satoshi should NOT give a flying fuck about whatever is going on with Dorian or that Dorian is being confused for Satoshi.. unless Dorian is the real Satoshi...

Or unless the real Satoshi has a heart and could empathise with this poor chap.   Roll Eyes

legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"

How do we know that isn't Dorian trying to trick us?  Huh Huh Huh

WOW...  You seem to be onto something Walsoraj.....  that is really really funny to NOT hear from Satoshi in that particular thread for 5 years ... and then all of a sudden for some reason Satoshi Nakamoto, if that is really Satoshi, feels such a need to comment within that particular dormant thread and to say that he is NOT Dorian... ... I thought that we had NOT heard from Satoshi since about mid-2011 or so... which would then cause me to begin to believe that maybe Satoshi is Dorian.. b/c why would the real Satoshi care enough to reply in a dormant thread concerning whatever is going on with Dorian...   In this regard, the real Satoshi should NOT give a flying fuck about whatever is going on with Dorian or that Dorian is being confused for Satoshi.. unless Dorian is the real Satoshi...
hero member
Activity: 924
Merit: 1000
"the world's a stage." - some famous lunatic

That would be Macbeth...

Tomorrow, and tomorrow, and tomorrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury
Signifying nothing. — Macbeth Act 5, Scene 5
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread

How do we know that isn't Dorian trying to trick us?  Huh Huh Huh

I think you would know a trick artist when you saw them.
hero member
Activity: 686
Merit: 500
Ultranode
hero member
Activity: 910
Merit: 1003
Also, bitcoinwisdom is absolute garbage and I wish people would stop using it.

Oops, would you care to elaborate, please?  What part of it is "garbage"?  The order book summary?

(One complaint I have is that it uses my local time and date for display, but sumarizes traffic into UTC intervals; so the total for Mar/03 00:00-23:59 UTC, say, is labeled "Mar/02 21:00" on my screen.  Is that the problem?)
legendary
Activity: 1372
Merit: 1000
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
13BTC at 666

NOT GOOD!!!!!

666 is considered an extremely lucky number in China. Just to get some perspective.

this is very reassuring
hero member
Activity: 910
Merit: 1003
unless you're a shareholder (or investor) then you don't get to see the report [of a company]. 
That does not change the fact that the report was not published; it only gives an excuse for it.

I would hope that they found X by adding up all the customer balances where the currency is BTC.
They would also need to account for trades sitting on the exchange of course but this should be trivial.
But who provided them with the client balances?  Presumably the exchange has a single database of account balances, without the extensive checks and redundancies that banks have.   It shouldn't be hard to "prune" such a database by leaving out inactive accounts with positive balance.  How would the auditor check whether the database is complete?
 
Quote
Quote
The letter does not mention B and Y.

But they did.... well for USD at least so I admit there's no mention of the EUR balance but I think that's their primary Fiat balances covered.

"The report identified that Bitstamp held 100% of validated BTC balance and USD funds."

Read that sentence CAREFULLY and try figure out what it EXACTLY means; why they used those words, specifically,  and why the words are in that order. 

It may help to think what the auditor could say that he meant, if he were to be questioned in court after an eventual collapse of Bitstamp.  Wink
full member
Activity: 280
Merit: 100
13BTC at 666

NOT GOOD!!!!!

666 is considered an extremely lucky number in China. Just to get some perspective.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
today was a low volume day

~10,230 coins were traded for ~6,800,000$

price ranged from 675 - 650


i'm pretty sure depth on both sides is meaningless

How can depth be meaningless? The ask end filled, the bid side didnt.

You mean people are expecting it to break out? So they placing more orders? I would say the depth is more meaningful, when the price of the order is realistictly reachable in a couple of hours.

But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled...

whats going to make it break is when suddenly the mini walls on the front lines won't be replaced when filled

coming soon...

T-4 hours with 78% probability



YEAH... and the whales pull some of these walls (under their control) on purpose b/c they want to buy up those orders and move the price upward and suck up all those coins


But this now 7300btc to 700$ might hard to beat, but maybe some of them get pulled...

How will this look when we are at $3000-$4000 per BTC? Impossible for me...

It will look the same or at least very similar, just less volatile b/c it takes 5 times more fiat to manipulate.



So will BTC be on the cover of the next Newsweek?


Either Satoshi or Bitcoin will be Time's man of the year.... hehehe   Cheesy


By the way, what is CCMF?  Is it "Choo Choo Mother Fucker?"


What about Mark? haha I wonder if mainstream knows Mark Karpelese more than Satoshi.


Yeah... that is why we had that sword picture of Mark stabbing Satoshi b/c Mark considers Satoshi to be his competition ... that fucking evil little brat!!!









legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Interesting choice of words. Denies "being the creator of Bitcoin"...

We all know bitcoin evolved. Only the cultist wing-nuts believe it was created.

Tailor:    

I believe that my thinking is kind of aligning with yours on this point... maybe the longer we read each other's posts the more our thinking aligns... hehehe...

Surely there was some early creations that became inspirational to the evolution of bitcoin... and the evolution does seem kind of fanciful, when one thinks back upon it...... and whether some of the story or the lore of bitcoin is true may NOT be relevant - however, these kinds of stories will be used by pro and by cons to argue their points or even to argue concerning the original intent... and the direction that we should go with bitcoin.

 The white paper does describe aspects of the original intent, and maybe some of those concepts within the white paper will have to evolve to in order to adapt bitcoin to the real world bitcoin application and maybe unexpected turns of events that may take place, to the extent that the unexpected may come about?  Yes... evolution .. NOT creation.. . hehehe
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
hopefully that...ahem..."reporter" loses her job and ends up pole dancing for crack money

in other news

DAILY CROSS!
legendary
Activity: 1008
Merit: 1000
The AP story is out:
http://bigstory.ap.org/article/ap-exclusive-man-denies-hes-bitcoin-founder
Apparently they had a two hour interview with Nakamoto where he denied being bitcoin's Satoshi...not sure what else could have been said in two hours?  Huh

Lots of free sushi.
sr. member
Activity: 461
Merit: 251
The AP story is out:
http://bigstory.ap.org/article/ap-exclusive-man-denies-hes-bitcoin-founder
Apparently they had a two hour interview with Nakamoto where he denied being bitcoin's Satoshi...not sure what else could have been said in two hours?  Huh
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
13BTC at 666

NOT GOOD!!!!!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
who the fuck is hodling the bitch up at 660 Huh so its all goverment controlled already?


Personally, I do NOT believe that this BTC price matter is govt controlled.    What I believe happens, is that a wall is created... for example at $700, and then the wall creator, whale, manipulates to make it appear that there is a lot of selling resistance,  and then he allows build up of sellers to build up until all of a sudden he will pull the wall and also probably stimulate sales incrementally and the price will go up. He then cashes in on a lot of those sold BTC and then puts up another wall.. maybe at 700 or some other amount that the market will NOT easily penetrate... rinse and repeat ... these whales are making a killing... and they do so within the parameters of what we, as a conglomerate, are willing to pay for BTC.


"the world's a stage." - some famous lunatic
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
who the fuck is hodling the bitch up at 660 Huh so its all goverment controlled already?


Personally, I do NOT believe that this BTC price matter is govt controlled.    What I believe happens, is that a wall is created... for example at $700, and then the wall creator, whale, manipulates to make it appear that there is a lot of selling resistance,  and then he allows build up of sellers to build up until all of a sudden he will pull the wall and also probably stimulate sales incrementally and the price will go up. He then cashes in on a lot of those sold BTC and then puts up another wall.. maybe at 700 or some other amount that the market will NOT easily penetrate... rinse and repeat ... these whales are making a killing... and they do so within the parameters of what we, as a conglomerate, are willing to pay for BTC.



Jump to: