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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29811. (Read 26711086 times)

sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
They'll destroy themselves trying anyway, obvious superiority is obvious so it doesn't really matter what the price does in the short term, all bitcoin has to do is stick around while everything else breaks around it. This has got political, welcome to the Afghanistan of currencies.

No, they are doing this to gain more BTC.  They will control the future.  Your children will be their slaves


that made me lol
hero member
Activity: 728
Merit: 500
The way bitcoin trades has completely changed. There is this consistent amount of high volume buy orders and sell orders on the books on bitstamp and btce and all this buying for this huge amount of coins but the price doesn't go anywhere. If there was this much buying in November then the price would have gone to over 9000. When I watch BitcoinWisdom, I feel like I'm watching Litecoin.

Perhaps it is the side-effect of this from mid January (and they are now using stamp/btce not gox).

According to Navidan, almost 5% of eToro’s active user base (about 200,000 users) have open bitcoin positions at the moment. Users from South America, the UK and Germany are currently the top bitcoin traders.

http://www.coindesk.com/etoro-launches-bitcoin-trading-3-million-users/
Are you saying that the eToro platform integrates bitstamp and btce?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
They'll destroy themselves trying anyway, obvious superiority is obvious so it doesn't really matter what the price does in the short term, all bitcoin has to do is stick around while everything else breaks around it. This has got political, welcome to the Afghanistan of currencies.

No, they are doing this to gain more BTC.  They will control the future.  Your children will be their slaves. 
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
The way bitcoin trades has completely changed. There is this consistent amount of high volume buy orders and sell orders on the books on bitstamp and btce and all this buying for this huge amount of coins but the price doesn't go anywhere. If there was this much buying in November then the price would have gone to over 9000. When I watch BitcoinWisdom, I feel like I'm watching Litecoin.

Perhaps it is the side-effect of this from mid January (and they are now using stamp/btce not gox).

According to Navidan, almost 5% of eToro’s active user base (about 200,000 users) have open bitcoin positions at the moment. Users from South America, the UK and Germany are currently the top bitcoin traders.

http://www.coindesk.com/etoro-launches-bitcoin-trading-3-million-users/
sr. member
Activity: 378
Merit: 250
It is interesting to consider what measures could remove the ability to conduct a systematic attack on the value of bitcoin.  The elimination of centralized exchanges seems the most obvious.  That, however, will take time.

Another would be to identify the persons who conducted the DDOS, and who coordinated the attack on the exchanges.  If an exchange operator were interested in preserving the value of bitcoin, they would open their records to public inspection.  Transparency is, after all, part of the essence of bitcoin.  This would make it possible to identify the actors.

A defector who considers the purposes of bitcoin and the hope it offers mankind to be more important than personal greed might disclose the communication channels used to coordinate operations.
How exactly does one get fiat from a decentralized exchange to dollars? Is this where master coin or ripple come in? We use them as placeholders for dollars, Euros, etc.? That would mean that there would need to be a place that accepted them in place of dollars and transfer to your account. And would this be antithetical to decentralization as it would require a third party to convert the crypto dollars to real dollars?
hero member
Activity: 910
Merit: 1003
bitfinex new largest exchange?

It varies day to day.

Yesterday: Huobi ~134 kBTC,  Bitstamp ~72, OKCoin ~71, MtGOX ~50, BTC-e ~47, Bitfinex ~42, BTC-China ~18.
 
Bitfinex was the largest outside China on Friday Feb/07 (~67 kBTC).
legendary
Activity: 1078
Merit: 1441
The individuals are not the real problem; the ability for the individuals to have an effect is the problem.  A decentralised exchange is the way forward. Wink

That is coming Nxt

 Wink
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
The individuals are not the real problem; the ability for the individuals to have an effect is the problem.  A decentralised exchange is the way forward. Wink
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Getting the transaction records and network logs from bitfinex would probably suffice to identify the conspirators.  Thorough examination of the data available on the malleability attack would be good.

Identifying these people would solve the problem.  They are cowards, of course, with no principles but greed.

Attempting to squeeze them prematurely will be futile, and merely funnel funds into their hands, unless you can marshall enough btc to surely squeeze all other players.

This is warfare for the future of mankind, I should point out.  A community that will not defend itself will inevitably be destroyed.
hero member
Activity: 910
Merit: 1003
The USA is not the center of the world, sorry to tell you.

世界中国的中心 !
hero member
Activity: 841
Merit: 1000
The bitcoin protocol is working fine gentleman. Just some bug in wallet software which causes this: https://en.bitcoin.it/wiki/Transaction_Malleability. There is already a technical implementation for this and it is implemented now. That's why BTC-E and Bitstamp are updating their wallets.

edit: Gox did fuck up more than other exchanges because their coding was old, therefore the chances of transaction malleability happening at gox was higher.

there so much FUD right now, and alot of poeple come here to understand what is happening, so i feel compelled to point this out:



Amazing, a double spend was detected and stopped. I jizzed my pants  Shocked


as you can clearly see the bitcoin network is working just fine, despite what some would have you believe

the problem lies in the custom built wallet software exchanges implemented.

attacker(s) are, unsuccessfully, trying to fool these exchange into thinking tx are not occurring when they really are

bitcoin dev are working to resolve this problem by working with exchanges, miners, and also thinking about possible protocol updates to completely remove all possibility of future attacks.

now look back and see who has been spreading FUD, and click ignore.

This is Silkroad crash 2.0, i'm buying anyway.
hero member
Activity: 728
Merit: 500
The way bitcoin trades has completely changed. There is this consistent amount of high volume buy orders and sell orders on the books on bitstamp and btce and all this buying for this huge amount of coins but the price doesn't go anywhere. If there was this much buying in November then the price would have gone to over 9000. When I watch BitcoinWisdom, I feel like I'm watching Litecoin.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Big dumping retard whale, don't let me of, this time I'm ready  Grin
hero member
Activity: 601
Merit: 503
bitfinex new largest exchange?
hero member
Activity: 504
Merit: 500
Moderator
http://bitcoinwisdom.com/markets/bitfinex/btcusd

Live photoshopping provided by bitcoinwisdom, confirmed.

@windjc

Don´t you feel stupid,again?
hero member
Activity: 504
Merit: 500
Moderator
I´m about to dump 10kBTC market order. Get ready Cheesy Cheesy Cheesy Cheesy
full member
Activity: 378
Merit: 100
poeple are going to get home from work soon...

prepare for glory!
The USA is not the center of the world, sorry to tell you.
hero member
Activity: 504
Merit: 500
Moderator
Wow.

So many tinfoil hats.

I´m part of the ddos dumping operation, i photoshopped my screenshot? lol
Fear seems to take hold of the bulls.
legendary
Activity: 2156
Merit: 1070
Reliance on BFX suggests that the dumping is levered, and very vulnerable to a squeeze.

He is now resorted to flight out lying and photoshop.  Bears are in pure manipulation mode.

This is what fear looks like - this forum right now.  Its all so interesting to watch.
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