Close? What time does Gox close?
6pm.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32705. (Read 26720782 times)
September 06, 2013, 10:00:47 AM
September 06, 2013, 10:00:00 AM
Close? What time does Gox close?
September 06, 2013, 09:39:37 AM
ok so the jobs report is pretty bad
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
Email was never, ever secure.
There is no spoon.
September 06, 2013, 09:38:20 AM
ok so the jobs report is pretty bad
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
That would be hilarious. Not sure Gov has the testicles. Get some popcorn.
September 06, 2013, 09:36:41 AM
ok so the jobs report is pretty bad
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.
September 06, 2013, 09:29:47 AM
10 Year Treasury Note is now at 3.01%: http://www.marketwatch.com/investing/bond/10_year
Can someone explain to me why this is really significant? What does this have to do with Bitcoin? I'm currently not seeing the relationship. Thank you.
Can someone explain to me why this is really significant? What does this have to do with Bitcoin? I'm currently not seeing the relationship. Thank you.
as i understand it
this mean you can buy a 10 year bond that will yield 3% a year, this is not a half bad ROI for a zero risk investment, this will drive people out of the riskier assets(like bitcoin) and stocks.
thats the theory anyway.
lets see what really happens
All you need to know is mortgage loans in the US fluctuate based on bond yields. So if average dumb, fat, walmart employee, American wants to buy a house, s/he is greatly limited by the rate on the 30 year loan. A single percentage point can raise monthly payments quite a bit. Home owners must lower the principle to offset the portion of monthly payments attributable to interest.
It isn't pretty. Almost all large assets that require a loan will go unsold unless the holders accept massive losses.
*edit*
Another way to think about this is that it may force many inflated asset bubbles to finally BURST! Sounds good for bitcoin. Probably is, in the long run. But not until USA decides to hyper-inflate. You are a fool if you believe this is just around the corner, in response to bubble burstings. We will see more stagnation for a while, caused by more failed QE-BY-ANOTHER-NAME. Could last years. Govs don't hyper inflate but as a last resort. We have plenty of room to suffer!
September 06, 2013, 09:26:00 AM
Trust in Numbers? No thx bitcoin. We haz lost the war of mathematics.
September 06, 2013, 09:17:09 AM
Really discouraging news about the NSA. Really sad. I have loved computer industry for 30 years and now it is like i want to vomit of what they are doing.
Agreed. Makes me want to switch careers to something more humane.
September 06, 2013, 09:02:10 AM
September 06, 2013, 08:24:37 AM
I'm one of the "select few" and I'll tell you. With the help of Sherlock Holmes, we've assembled a crack team who can break substitution cyphers in a matter of days, sometimes hours!
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Anything that relies on AES encryption is compromised. Don't give me "yea but 256 takes so much longer to brute force than 128 bit" blah blah. If the US Gov has an unprecedented method to speed up brute force of 128 bit, they can surely use it on 256 bit.
*edit* re encrypting wallets ^
You kids have to start thinking outside the box. Me & my cryptobuddies at NSA have been cracking SHA256 way before it hit mainstream.
Mechanically
What if the next release from Greenwald is that NSA indeed can crack bitcoin?
What would that mean? the ability to get any private key when they want?
Ultra-crash? China, Russia and most countries around recommending not to use bitcoin?
Not only that the US NSA has the slightest sense of respect for their constitution or the rights of others or that even if bitcoin cannot be cracked they are probably keylogging us to hell.
Russians are relying more and more on paper for their secret affairs due to the insecurity of computers.
Should the people of the world rely their savings on something that can be corrupted/cracked/keylogged by design?
Really discouraging news about the NSA. Really sad. I have loved computer industry for 30 years and now it is like i want to vomit of what they are doing.
If they can crack bitcoin they can also crack any bank account and your savings won't be safe anywhere. I doubt that is the case though.
September 06, 2013, 08:02:09 AM
September 06, 2013, 07:02:12 AM
September 06, 2013, 07:01:51 AM
I'm one of the "select few" and I'll tell you. With the help of Sherlock Holmes, we've assembled a crack team who can break substitution cyphers in a matter of days, sometimes hours!
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Anything that relies on AES encryption is compromised. Don't give me "yea but 256 takes so much longer to brute force than 128 bit" blah blah. If the US Gov has an unprecedented method to speed up brute force of 128 bit, they can surely use it on 256 bit.
*edit* re encrypting wallets ^
You kids have to start thinking outside the box. Me & my cryptobuddies at NSA have been cracking SHA256 way before it hit mainstream.
Mechanically
What if the next release from Greenwald is that NSA indeed can crack bitcoin?
What would that mean? the ability to get any private key when they want?
Ultra-crash? China, Russia and most countries around recommending not to use bitcoin?
Not only that the US NSA has the slightest sense of respect for their constitution or the rights of others or that even if bitcoin cannot be cracked they are probably keylogging us to hell.
Russians are relying more and more on paper for their secret affairs due to the insecurity of computers.
Should the people of the world rely their savings on something that can be corrupted/cracked/keylogged by design?
Really discouraging news about the NSA. Really sad. I have loved computer industry for 30 years and now it is like i want to vomit of what they are doing.
September 06, 2013, 06:54:47 AM
I'm one of the "select few" and I'll tell you. With the help of Sherlock Holmes, we've assembled a crack team who can break substitution cyphers in a matter of days, sometimes hours!
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Think twice before encrypting your critical data with your secret decoder ring.
I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.
Anything that relies on AES encryption is compromised. Don't give me "yea but 256 takes so much longer to brute force than 128 bit" blah blah. If the US Gov has an unprecedented method to speed up brute force of 128 bit, they can surely use it on 256 bit.
*edit* re encrypting wallets ^
You kids have to start thinking outside the box. Me & my cryptobuddies at NSA have been cracking SHA256 way before it hit mainstream.
Mechanically
September 06, 2013, 06:02:17 AM
September 06, 2013, 05:02:06 AM
September 06, 2013, 04:02:11 AM
September 06, 2013, 03:31:19 AM
10 Year Treasury Note is now at 3.01%: http://www.marketwatch.com/investing/bond/10_year
Can someone explain to me why this is really significant? What does this have to do with Bitcoin? I'm currently not seeing the relationship. Thank you.
Can someone explain to me why this is really significant? What does this have to do with Bitcoin? I'm currently not seeing the relationship. Thank you.
it has nothing to do with bitcoin
it has to do with the fiat system falling apart
bitcoin will not be affected by this.
I like this indicator. The mainstream still regards the bonds as absolutely safe, so they try to assign reasons for the hike to the prospect of tapering, and the reason for that again the glorious econonomy. I call this reasoning really a stretch. It is not evident that there is a growing economy at all, and the QE logical step in between is heavily influenced by a single person. On the other hand I base my thoughts on that the bonds are not really safe and that the mighty Fed is not mighty enough to in fact regulate those yields, that is, the yield rise may be the result of the market believing less and less that the bonds are safe.
The reaction from the Fed could be anything, remember their actions are based on a flawed economic theory. I would not be surprised if they accelerate the QE. You know, "let's jump start this economy". They could also turn on the dime and decide that QE is too risky. Who knows.
September 06, 2013, 03:29:59 AM
The ppl selling will be like 'oh shit I cant withdraw, I gotta buy again LULZ'
No doubt, but I suspect people will wait until the price is right to buy.
For a lot of people (me included) there is no urgency to buy and I don't need to withdraw any fiat. Not now, not ever.
It's Bitcoin money as far as I'm concerned and probably will be for years to come.
September 06, 2013, 03:13:30 AM
The ppl selling will be like 'oh shit I cant withdraw, I gotta buy again LULZ'
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