Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29621. (Read 26720626 times)
February 18, 2014, 06:08:41 PM
Now here is an interesting one. Blue line Dow Jones Index from 1928-1930, red one is now. Will it follow ?
February 18, 2014, 06:01:35 PM
Fiatleak is as quiet as I have ever seen it - tumble weed time....
Mighty quiet.
Mighty quiet.
February 18, 2014, 05:55:34 PM
Yes, cavirtex is fine.
I also spoke by email with Eric from Bylls.com in Montreal this morning [this is the bitcoin-to-bill-pay service that allows you to pay your electricity and cable bill with bitcoins!!]. He says they have secured multiple banking relationships, so they are not affected.
I also spoke by email with Eric from Bylls.com in Montreal this morning [this is the bitcoin-to-bill-pay service that allows you to pay your electricity and cable bill with bitcoins!!]. He says they have secured multiple banking relationships, so they are not affected.
Glad to hear it.
February 18, 2014, 05:54:42 PM
...even the Silk Road 2 guy said "I failed you". It's a sad sad day when you have to look to criminals for lessons on leadership...
Isn't this the classic next move after a Bitcoin scam? Apologize, maybe pay some people back "out of your own coins," wait 6 months and start a new scam with integrity intact. I thought the SR2 guy blamed the loss of entire funds on malleability which we know is impossible. Did that change or did I get it wrong?
February 18, 2014, 05:47:11 PM
Sometimes just for fun I take mah87 off ignore for a few moments to see if he is still pumping ripple.
I always put him straight back on again though.
I always put him straight back on again though.
February 18, 2014, 05:43:49 PM
Like someone on here said: Gox hasn't reached its final form yet :p
That could take years. Everyone seems to think a resolution one way or another will be reached in a month or so. Guess what: it won't.
February 18, 2014, 05:32:26 PM
Gox on the pump
269 ! WOW ! AMAZING PUMP!
"We will update everyone again by Thursday at the latest. " ^^
February 18, 2014, 05:24:11 PM
Gox on the pump
February 18, 2014, 05:23:24 PM
Yes any particular reason for the dip to 248 on Gox? Or just Gox being Gox. It shook BSP a bit which is stupid. BSP traders should know better.
Price shoots up when the forum comes back online. hmmmm. Perhaps someone was trying to scoop some cheap goxcoin by creating some uncertainty with a ddos attack here, but gave up when the price flatlined instead of dropping.
February 18, 2014, 05:20:58 PM
Like someone on here said: Gox hasn't reached its final form yet :p
February 18, 2014, 05:15:42 PM
Yes any particular reason for the dip to 248 on Gox? Or just Gox being Gox. It shook BSP a bit which is stupid. BSP traders should know better.
February 18, 2014, 05:13:01 PM
What is happening on gox? 
February 18, 2014, 05:11:30 PM
Let me see if I understand your theory:
- the group that was exploiting Gox's mishandling of the malleability issue got greedy and deposited a lot of bitcoins to go for a final "moon shot" fraudulent withdrawal,
- meanwhile, Gox realized that they had been robbed and locked down all accounts,
- the thieves became worried that Gox could link the stolen bitcoins to certain large accounts held at Gox,
- but Mark didn't have proof of what account it was yet, so the thieves were still able to trade,
- the thieves start the incessant dumping, selling indiscriminately to random people but also to certain accounts that they control. This way, although they don't get to keep all the loot, they get to keep some of it.
I guess I'm skeptical of this theory because wouldn't Mark have shutdown trading if he could see that the dumping was coming from just a few accounts? Isn't no trading better than a criminal selling stolen coins to obfuscate the money trial?
It is just one theory which did fit in well as a response to other more "extravagant" theories on the matter.
I think this is essentially the problem with Gox. Zip information about their status allows for wild speculation. Its the area 51 of bitcoin.
[edit] It would be interesting to know if Gox already has identified all successful exploits or if this is one giant cluster#$@# waiting to implode
February 18, 2014, 05:10:53 PM
the ones in Canada seemingly abide by the required laws as far as I have read.
I just saw that apparently Canadian banks have taken a turn for the worse...
http://www.reddit.com/r/Bitcoin/comments/1y7ln2/cointradernet_canadas_last_bitcoinfriendly_bank/
It doesn't sound like its as cut and dry as the article makes it sound. I haven't heard anything from cavirtex yet, and here's another version http://www.reddit.com/r/Bitcoin/comments/1y9dkq/rumour_bank_of_montreal_closing_bitcoinrelated/
good find!
February 18, 2014, 05:06:24 PM
The Chinese Slumber Method Prediction almost worked this time!!!
Checking the prediction for Huobi
Prediction posted: Tuesday 2014-02-18, 01:14 UTC
Prediction valid for: Tuesday 2014-02-18, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3860 -- 3920 CNY (3890 plus or minus 30)
Huobi's actual price (L -- H): 3810 -- 3824 CNY (3817 plus or minus 7)
Error center-to-center: 73 CNY
The prediction is the rightmost blue rectangle in the chart below, just above the red/green price bars.
The big dots on top of the price plot are the Slumber Points (prices at 19:00 UTC every day). The True points (yellow) are those which had nearly zero trading volume at 19:00; the False ones (olive-brown) are those where Huobi's clients and/or their robots kept trading through the night.
The yellow line is the least-squares-fitted trend line that was used to make the prediction.
Checking the prediction for Bitstamp
The Bitstamp predicition is the Huobi prediciton divided by 6.12
Bitstamp's predicted price: 625 -- 645 USD (635 plus or minus 10)
Bitstamp's actual price (L -- H): 617 -- 625 USD (621 plusor minus 4)
Error center-to-center: 14 USD
In the chart below, the dots are Huobi's Slumber Point prices divided by 6.12 (or 6.40 for feb 7--9)
Checking the prediction for Huobi
Prediction posted: Tuesday 2014-02-18, 01:14 UTC
Prediction valid for: Tuesday 2014-02-18, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3860 -- 3920 CNY (3890 plus or minus 30)
Huobi's actual price (L -- H): 3810 -- 3824 CNY (3817 plus or minus 7)
Error center-to-center: 73 CNY
The prediction is the rightmost blue rectangle in the chart below, just above the red/green price bars.
The big dots on top of the price plot are the Slumber Points (prices at 19:00 UTC every day). The True points (yellow) are those which had nearly zero trading volume at 19:00; the False ones (olive-brown) are those where Huobi's clients and/or their robots kept trading through the night.
The yellow line is the least-squares-fitted trend line that was used to make the prediction.
Checking the prediction for Bitstamp
The Bitstamp predicition is the Huobi prediciton divided by 6.12
Bitstamp's predicted price: 625 -- 645 USD (635 plus or minus 10)
Bitstamp's actual price (L -- H): 617 -- 625 USD (621 plusor minus 4)
Error center-to-center: 14 USD
In the chart below, the dots are Huobi's Slumber Point prices divided by 6.12 (or 6.40 for feb 7--9)
I appreciate your combined use of regression analysis and volume analysis
Houbi's artificially inflated trading activity is well known by now, and I am glad to see someone using a creative fit of analytical tools to play of off this information. By combining the points of a linear regression trend line with the understanding that the best time to measure the underlying direction of Houbi is at points of low-activity, you have really created a good understanding of the general trend of the asset in that exchange.
February 18, 2014, 05:05:38 PM
I've never used Gox but I'd speculate that they didn't just find out by accident.
Their accounting probably didn't add up which caused them to investigate.
The question is would Gox notice if this happened on a small scale?
So if you successfully executed the exploit with a small amount you'd sure as hell try to transfer those coins back in to further multiply them.
After this whole thing went down and Gox stopped anything from going out there could very well be exploiters with btc stuck on gox on an account that is or will get implicated.
Do you really think that they will get to keep these btc without any dispute?
It was just a thought that occurred to me. The reality can be totally different but at least I do think that it is a possibility.
Their accounting probably didn't add up which caused them to investigate.
The question is would Gox notice if this happened on a small scale?
So if you successfully executed the exploit with a small amount you'd sure as hell try to transfer those coins back in to further multiply them.
After this whole thing went down and Gox stopped anything from going out there could very well be exploiters with btc stuck on gox on an account that is or will get implicated.
Do you really think that they will get to keep these btc without any dispute?
It was just a thought that occurred to me. The reality can be totally different but at least I do think that it is a possibility.
Let me see if I understand your theory:
- the group that was exploiting Gox's mishandling of the malleability issue got greedy and deposited a lot of bitcoins to go for a final "moon shot" fraudulent withdrawal,
- meanwhile, Gox realized that they had been robbed and locked down all accounts,
- the thieves became worried that Gox could link the stolen bitcoins to certain large accounts held at Gox,
- but Mark didn't have proof of what account it was yet, so the thieves were still able to trade,
- the thieves start the incessant dumping, selling indiscriminately to random people but also to certain accounts that they control. This way, although they don't get to keep all the loot, they get to keep some of it.
I guess I'm skeptical of this theory because wouldn't Mark have shutdown trading if he could see that the dumping was coming from just a few accounts? Isn't no trading better than someone selling stolen coins to obfuscate the money trial?
February 18, 2014, 05:04:24 PM
Here's my situation. I spent $100 at $650 each a week ago. Not too big of a deal.
I'm thinking of spending another $250-300 tomorrow before the MtGox announcement.
If we hear good news, I could make some money.
If we hear bad news, I could lose A LOT of money.
Not sure if I want to take on that kind of risk, or wait until the market settles on the weekend.
I'm thinking of spending another $250-300 tomorrow before the MtGox announcement.
If we hear good news, I could make some money.
If we hear bad news, I could lose A LOT of money.
Not sure if I want to take on that kind of risk, or wait until the market settles on the weekend.
What aboot blah blah blah news?
February 18, 2014, 05:03:09 PM
February 18, 2014, 05:02:56 PM
Here's my situation. I spent $100 at $650 each a week ago. Not too big of a deal.
I'm thinking of spending another $250-300 tomorrow before the MtGox announcement.
If we hear good news, I could make some money.
If we hear bad news, I could lose A LOT of money.
Not sure if I want to take on that kind of risk, or wait until the market settles on the weekend.
I'm thinking of spending another $250-300 tomorrow before the MtGox announcement.
If we hear good news, I could make some money.
If we hear bad news, I could lose A LOT of money.
Not sure if I want to take on that kind of risk, or wait until the market settles on the weekend.
February 18, 2014, 04:57:35 PM
oh look a Unicorn
(Despite the timing not aimed at you Jorge)
(Despite the timing not aimed at you Jorge)
Jump to: