Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32609. (Read 26610499 times)

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.
It may be that people are waiting to see if the FED scales back QE or not. Might be another week or two before we see real volume. A lot of people may be sitting on the sidelines atm. In my opinion, they are not going to taper QE, it will keep on happening. So once the FED report comes out that they are going to continue QE for now, people will probably buy into bitcoins. Thoughts?
They can taper it insignificantly and save face/confidence.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 371
Merit: 250
it would be a good move if Babylon plans on selling hollow stones via sockpuppets.
nobody would see the difference.

Err.. maybe that is possible too.

I think the most plausible possibility is that politicians are just stupid/evil and are probably shorting clay to hell with Babylon federal reserve printed salt-money. ;-)
Lately would seem that bank/politician interests are far from the US American ideals of the constitution or just those of 50 years ago. They are knowingly destroying many industries (motor=detroit -> china) just for financial benefit/scam. So that politician linkage with their own country interest seem to be broken lately. You have just to read some politico.com articles to see that something fails.

site looks interesting, you can never have enough variation of news coverage.
is it independent or slightly "painted"?


It seems to be a nice reference for political issues.
I like this search on it about bitcoin. I try to check it out frequently -> http://find.politico.com/?reporters=&dt=all&key=bitcoin

In these articles you see what might be (for a foreigner) a rotten point of the actual american politicians and probably most modern democracies. The lobbies and the revolving doors..

They care too much (and i mean too much about lobbies and about getting their part of the cake on any issue) more than work for the country

+ In the case of bitcoin they say "the main problem of bitcoin is that it does not have lobbies" -> http://www.politico.com/story/2013/08/bitcoins-washington-problem-95803.html?hp=f1
+ Also as a reflection of the "real interests" of these people you see how politico.com points at how big the real interest of politicians might be for bitcoin:

"Bitcoin campaign Donations" where they care a bit too much on how if possible are they going to get money using bitcoins donations
http://www.politico.com/story/2013/09/bitcoin-campaign-donations-96301.html

and

"Bitcoin and Politics: What Could Go Wrong?"
http://bloom.bg/17JYJPU


Interesting articles from a politician mind. (<---- caution advised !!)


So that was the reason i said that maybe all the NSA stuff is just about some financial/lobby interest and who cares about national interests? If all the US IT industry is going to hell, well maybe we then should short it to hell.

Look, even the russians lobby American politicians

http://www.usatoday.com/story/theoval/2013/09/03/obama-putin-russia-syria-congress/2756801/

All i am talking about it is from the ignorant point of view of a foreigner so take it with caution.
hero member
Activity: 613
Merit: 500
Mintcoin: Get some
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.
It may be that people are waiting to see if the FED scales back QE or not. Might be another week or two before we see real volume. A lot of people may be sitting on the sidelines atm. In my opinion, they are not going to taper QE, it will keep on happening. So once the FED report comes out that they are going to continue QE for now, people will probably buy into bitcoins. Thoughts?
hero member
Activity: 770
Merit: 501
it would be a good move if Babylon plans on selling hollow stones via sockpuppets.
nobody would see the difference.

Err.. maybe that is possible too.

I think the most plausible possibility is that politicians are just stupid/evil and are probably shorting clay to hell with Babylon federal reserve printed salt-money. ;-)
Lately would seem that bank/politician interests are far from the US American ideals of the constitution or just those of 50 years ago. They are knowingly destroying many industries (motor=detroit -> china) just for financial benefit/scam. So that politician linkage with their own country interest seem to be broken lately. You have just to read some politico.com articles to see that something fails.

site looks interesting, you can never have enough variation of news coverage.
is it independent or slightly "painted"?


hero member
Activity: 770
Merit: 501
I think it would be a mistake to presume that U.S. interests are so well defined by national boundaries. The business interests of U.S. chartered entities are all very well intertwined with those of other players. I would liken these kinds of operations to the 'direct action' of anti-establishment protesters. To force a dialectic outside the usual bounds of explicit process. These technocrats have a vision for what security should look like, and will steer their considerable resources to that end. You know—breaking eggs and all that.

That is entirely possible but if that is the case maybe it has not been a good move (not that technocrats know a shite of what they do).

The actual situation is like if Babylon (with the highest and more powerful walls) would have sent a letter to all the countries around.

"Look everyone, we have a catapult that can destroy every clay wall (that by the way we are the biggest sellers in the world) in 5 minutes"

Everyone (even their enemies) would first stop using clay for their walls, and second they would start using stone making things harder for Babylon catapult

Strange situation.

it would be a good move if Babylon plans on selling hollow stones via sockpuppets.
nobody would see the difference.

I think this is very much the case, the tell of which was the NSA ousourcing it's silicon foundries. It is an indication of their reach. It wasn't just a cost-saving measure. They already had control of the processes.

i read a german newspaper article yesterday which stated NSA even paid money to several german software companies for implementing backdoors in their observation tools that are sold to countries in the gulf region and other dictatorships around the world.
not sure though if that was just some exaggerating journalist or if it's a fact.
After that guardian article I wouldn't be surprised
sr. member
Activity: 371
Merit: 250
I think it would be a mistake to presume that U.S. interests are so well defined by national boundaries. The business interests of U.S. chartered entities are all very well intertwined with those of other players. I would liken these kinds of operations to the 'direct action' of anti-establishment protesters. To force a dialectic outside the usual bounds of explicit process. These technocrats have a vision for what security should look like, and will steer their considerable resources to that end. You know—breaking eggs and all that.

That is entirely possible but if that is the case maybe it has not been a good move (not that technocrats know a shite of what they do).

The actual situation is like if Babylon (with the highest and more powerful walls) would have sent a letter to all the countries around.

"Look everyone, we have a catapult that can destroy every clay wall (that by the way we are the biggest sellers in the world) in 5 minutes"

Everyone (even their enemies) would first stop using clay for their walls, and second they would start using stone making things harder for Babylon catapult

Strange situation.

it would be a good move if Babylon plans on selling hollow stones via sockpuppets.
nobody would see the difference.

Err.. maybe that is possible too.

I think the most plausible possibility is that politicians are just stupid/evil and are probably shorting clay to hell with Babylon federal reserve printed salt-money. ;-)
Lately would seem that bank/politician interests are far from the US American ideals of the constitution or just those of 50 years ago. They are knowingly destroying many industries (motor=detroit -> china) just for financial benefit/scam. So that politician linkage with their own country interest seem to be broken lately. You have just to read some politico.com articles to see that something fails.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 770
Merit: 501
I think it would be a mistake to presume that U.S. interests are so well defined by national boundaries. The business interests of U.S. chartered entities are all very well intertwined with those of other players. I would liken these kinds of operations to the 'direct action' of anti-establishment protesters. To force a dialectic outside the usual bounds of explicit process. These technocrats have a vision for what security should look like, and will steer their considerable resources to that end. You know—breaking eggs and all that.

That is entirely possible but if that is the case maybe it has not been a good move (not that technocrats know a shite of what they do).

The actual situation is like if Babylon (with the highest and more powerful walls) would have sent a letter to all the countries around.

"Look everyone, we have a catapult that can destroy every clay wall (that by the way we are the biggest sellers in the world) in 5 minutes"

Everyone (even their enemies) would first stop using clay for their walls, and second they would start using stone making things harder for Babylon catapult

Strange situation.

it would be a good move if Babylon plans on selling hollow stones via sockpuppets.
nobody would see the difference.
sr. member
Activity: 371
Merit: 250
Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/[email protected]/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

my posts too. Seems being an oracle gives the ability to discern between the thousand of "rat in coke can" schemes around the world and "knowing" like your own hand what is really happening/true/fact and what are just rumours/whispers.

What can I say?

I am a centre of pestilence.

Not true, you have absolutely useful opinions and threads that simply one need to read. Just a lower a bit the "I knew it" button when the others also talk and you will be become the greatest oracle ;-)

Cheers,

Well then, If I may knock myself down from the pinnacle of oricality, I'll keep my tinfoil hat on a bit longer...

Snowden is a tool. In my considered opinion the Snowden revelations are part of an operation to bludgeon the corporate world, along with the general public into investing resources into actual, effective IT security. The NSA has a stake in protecting their charge against rival gangs. And, although I think it is a mistake to equivocate on security to this end they are attempting to calibrate their advantage.

It might very well be the truth. Just some Sun Tzu "confuse your enemy" thinking. It would give everybody the idea that they need to increase their defenses. But thinking on the possibility that what they know it is not true and its just a bluff maybe they want to do the opposite, that is discourage everyone from even trying to avoid NSA, and stop being diligent on your own security. Most people don't know too much about computer security and even if they do, the revelations show a huge enemy to beat, so they will just surrender and say, "be it", if you use computers, then there is no privacy why i am going to follow those huge security procedures if they are already in, by hardware, at network level (IP v6), by OS, by force, by keylogger, by the very own software you use. Why lose so much time? Many people will think that and abandon themselves to the "maybe truth" that they have just won.

Also there seems to exist indeed an interest in the USA agencies to reduce the people privacy and that is one of the reasons why CIA investing companies invested in google and in facebooks (the second being a declared paradigm of antiprivacy). What was their reaction to Zimmerman PGP, their export limitations for encryption over 128 bits and many more?. They indeed want to know everything like the "Awareness" agency name suggests.

One thing is true, and this is that the computer and internet industry has received a huge kick in their balls. American companies relying on "the cloud" aswell as those relying on "security" (and probably technology manufacturers whose products won't be seen as innocent as have been seen up to now) are being seen now like pure fraud all over the world and they are loosing billions and billions on contracts. Again, some might say "I alrady knew it". I would say, you "suspected something" in the lines of the thousand of rumours around the world everywhere. But with this revelations (if true) show that they are indeed doing it.

So, did they encourage Snowden to go into the air with those documents, hurting hugely their own computer/internet industry trying to follow the path to get everybody into a higher security? Could be.
Maybe, knowing that they already controlled those companies they could have just issued some laws to encourage much more secure policies in facebook, google, etc and those would have been just followed by the users all over the world (like when lately most companies have started relying in 2-step authentication) without destroying or putting in severe risk their whole own IT industry. I think Google, Apple, Yahoo, etc are indeed not happy. They have moved from the colourful letter kindergarten logo (google) to a Stasi machine. Many have abandoned those companies for good.

I think what German officers are trying to do regarding IT security after snowden revelations, might be a good step to follow. Encourage everyone using policies all over the European Union at least not only to increase their software/internet security but do it from the very scratch, designing everything with the highest privacy levels in mind (e.g client based encryption). India is moving apart from US technology, not only they requested to have their own google servers located in their own soil so US law does not apply. They are also asking people to stop using gmail for state storage (Google Apps won't like that). New Zealand and Germany have stopped following software patents aswell (that will help).

So maybe they have managed to get higher security levels but not only in the western world, but all over the world (even China/Russia etc) and also really hitting hard their own IT industry.


I think it would be a mistake to presume that U.S. interests are so well defined by national boundaries. The business interests of U.S. chartered entities are all very well intertwined with those of other players. I would liken these kinds of operations to the 'direct action' of anti-establishment protesters. To force a dialectic outside the usual bounds of explicit process. These technocrats have a vision for what security should look like, and will steer their considerable resources to that end. You know—breaking eggs and all that.

That is entirely possible but if that is the case maybe it has not been a good move (not that technocrats know a shite of what they do).

The actual situation is like if Babylon (with the highest and more powerful walls) would have sent a letter to all the countries around.

"Look everyone, we have a catapult that can destroy every clay wall (that by the way we are the biggest sellers in the world) in 5 minutes"

Everyone (even their enemies) would first stop using clay for their walls, and second they would start using stone making things harder for Babylon catapult

Strange strategy.
hero member
Activity: 686
Merit: 500
Ultranode
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.
Are you still butt hurt that you didn't load up in the drop to 60's-70's?

Hope you don't miss you're chance now? Might get lucky and wait until $110 but not likely

Check my post history. I was ultra-mega bullish around the lows.
hero member
Activity: 686
Merit: 500
Ultranode
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.

Whale office hours are whenever they choose for them to be.

It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX.

I think that's what I said.

I dont know what you said, nor do i care. But i do know you disagreed with me and I triumphed in this argument.

Thanks.
hero member
Activity: 686
Merit: 500
Ultranode
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.

Whale office hours are whenever they choose for them to be.

It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 371
Merit: 250
I think the bid side it going downwards



It might aswell change direction, but last time in the past 15 days was liek you said not because of real incoming money into BTC but just some periodic whales



So for everyone (not puntual whales) it could go down
hero member
Activity: 686
Merit: 500
Ultranode
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money.

I am right, you are wrong.
FNG
hero member
Activity: 588
Merit: 500
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.
Are you still butt hurt that you didn't load up in the drop to 60's-70's?

Hope you don't miss you're chance now? Might get lucky and wait until $110 but not likely
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
The coalition of the willing will strike Syria causing the prices of commodities to rise. This in turn will affect energy prices which will lead to an increase in BTC prices.

Bitcoin goes up when new fiat enters the system. This includes when stupid Americans pour money into Gox, erroneously believing that Cyprians will do the same. Bitcoin also goes up when Americans are terrified of Gox's possible insolvency and buy coin to exit.

Americans will not pour money into gox as a result of the Syrian situation because (1) Gox withdrawal issues and (2) too close in time to the previous bubble. The other exchanges are irrelevant. Money doesn't "pour" in like it does to Gox. Bitstamp, etc are used primarily to cash out.

Great post Walsoraj! Smiley
hero member
Activity: 686
Merit: 500
Ultranode
24hr volume on Gox under 6,000. lol.

Turbo-ultra-mega-bulls:

I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.

Thanks in advance.
sr. member
Activity: 371
Merit: 250
Another Snowden leak today. This one regards NSA's ability to hack into almost all, if not all, smartphones. Like the last leak, this one suggests the NSA's decryption power is much greater than we realize.

http://www.spiegel.de/international/world/privacy-scandal-nsa-can-spy-on-smart-phone-data-a-920971.html

http://www.theverge.com/2013/9/7/4706018/nsa-reportedly-can-access-secure-blackberry-email-tap-other

http://www.forbes.com/sites/timworstall/2013/09/08/links-08-sept-the-weekends-nsa-revelations/

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

I was obviously using "we" to refer to general public, YOU PRETENTIOUS COMMIE!!

http://www.mail-archive.com/[email protected]/msg12325.html

What is your point? To any reasonable person, this was all speculative tin-foil hat stuff until Snowden.

You have a fetish for polluting my posts.

my posts too. Seems being an oracle gives the ability to discern between the thousand of "rat in coke can" schemes around the world and "knowing" like your own hand what is really happening/true/fact and what are just rumours/whispers.

What can I say?

I am a centre of pestilence.

Not true, you have absolutely useful opinions and threads that simply one need to read. Just a lower a bit the "I knew it" button when the others also talk and you will be become the greatest oracle ;-)

Cheers,

Well then, If I may knock myself down from the pinnacle of oricality, I'll keep my tinfoil hat on a bit longer...

Snowden is a tool. In my considered opinion the Snowden revelations are part of an operation to bludgeon the corporate world, along with the general public into investing resources into actual, effective IT security. The NSA has a stake in protecting their charge against rival gangs. And, although I think it is a mistake to equivocate on security to this end they are attempting to calibrate their advantage.

It might very well be the truth. Just some Sun Tzu "confuse your enemy" thinking. It would give everybody the idea that they need to increase their defenses. But thinking on the possibility that what they know it is not true and its just a bluff maybe they want to do the opposite, that is discourage everyone from even trying to avoid NSA, and stop being diligent on your own security. Most people don't know too much about computer security and even if they do, the revelations show a huge enemy to beat, so they will just surrender and say, "be it", if you use computers, then there is no privacy why i am going to follow those huge security procedures if they are already in, by hardware, at network level (IP v6), by OS, by force, by keylogger, by the very own software you use. Why lose so much time? Many people will think that and abandon themselves to the "maybe truth" that they have just won.

Also there seems to exist indeed an interest in the USA agencies to reduce the people privacy and that is one of the reasons why CIA investing companies invested in google and in facebooks (the second being a declared paradigm of antiprivacy). What was their reaction to Zimmerman PGP, their export limitations for encryption over 128 bits and many more?. They indeed want to know everything like the "Awareness" agency name suggests.

One thing is true, and this is that the computer and internet industry has received a huge kick in their balls. American companies relying on "the cloud" aswell as those relying on "security" (and probably technology manufacturers whose products won't be seen as innocent as have been seen up to now) are being seen now like pure fraud all over the world and they are loosing billions and billions on contracts. Again, some might say "I alrady knew it". I would say, you "suspected something" in the lines of the thousand of rumours around the world everywhere. But with this revelations (if true) show that they are indeed doing it.

So, did they encourage Snowden to go into the air with those documents, hurting hugely their own computer/internet industry trying to follow the path to get everybody into a higher security? Could be.
Maybe, knowing that they already controlled those companies they could have just issued some laws to encourage much more secure policies in facebook, google, etc and those would have been just followed by the users all over the world (like when lately most companies have started relying in 2-step authentication) without destroying or putting in severe risk their whole own IT industry. I think Google, Apple, Yahoo, etc are indeed not happy. They have moved from the colourful letter kindergarten logo (google) to a Stasi machine. Many have abandoned those companies for good.

I think what German officers are trying to do regarding IT security after snowden revelations, might be a good step to follow. Encourage everyone using policies all over the European Union at least not only to increase their software/internet security but do it from the very scratch, designing everything with the highest privacy levels in mind (e.g client based encryption). India is moving apart from US technology, not only they requested to have their own google servers located in their own soil so US law does not apply. They are also asking people to stop using gmail for state storage (Google Apps won't like that). New Zealand and Germany have stopped following software patents aswell (that will help).

So maybe they have managed to get higher security levels but not only in the western world, but all over the world (even China/Russia etc) and also really hitting hard their own IT industry.
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