All posts made by grappa_barricata in Bitcointalk.org's Wall Observer thread



1. Post 8435864 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

chu chu?



2. Post 8436161 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: magicmexican on August 19, 2014, 02:22:26 PM
Security Firm Claims New Leads in Search for Missing Mt Gox Bitcoin

Quote
“There’s a lot of huge stuff that’s going to come out, and this is just the beginning.”


could be a goxcoin pump soon

The quote is out of context, this is the full text:

"We were busy looking for those bitcoin tokens when our junior researcher came out of the bathroom screaming:
 'Holy shit the toilet exploded! There’s a lot of huge stuff that’s going to come out, and this is just the beginning.'"



3. Post 8438449 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: empowering on August 19, 2014, 04:41:24 PM
[...] Margin trading is evil [...]
Generalization is evil.



4. Post 8438781 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: empowering on August 19, 2014, 04:54:15 PM
[...] Margin trading is evil [...]
Generalization is evil.

As a generalisation I would agree with what you say..... in general.... but not in this case... those borrowed funds are not being made available just to help people out... out of the kindness of brokers etc hearts... they know the game... it is their game... and their game is rigged for them to win...   Long term margin trading is hazardous to fish,  and I think detrimental to crypto.

Also I said that it is "in general" evil - not always and in of its self...  but the outcome is almost always the same in the long run... a few do well.. the rest...  get made into sausage

I agree with you. It is just that margin trading allow me to be long on bitcoin when i sense a rise (and my only capital is bitcoin). It's the only way i got to increase my bitcoin, without resorting to exploiting dumps (that for some reasons i am not good at).



5. Post 8439015 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

A mortgage? Man, I don't know. I think it is the worst way you can lock yourself into a life-time of debt, and for what? A house and a car? I have bigger plan. I want to live in 5 star hotels around the world drinking grappa barricata all day long. Or die trying.  Cool



6. Post 8439139 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

The real interests are 'hidden'. They call it quantitative easing.


On another tone:



7. Post 8439488 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: the joint on August 19, 2014, 05:43:42 PM
A mortgage? Man, I don't know. I think it is the worst way you can lock yourself into a life-time of debt, and for what? A house and a car? I have bigger plan. I want to live in 5 star hotels around the world drinking grappa barricata all day long. Or die trying.  Cool

not having a mortgage at these interest rates, is kinda crazy!?

Seriously!  I'm sitting on a 30-year fixed at 3.25%.  I like to just throw that out at dinner parties.  If I had serious money to blow I'd be scooping up properties left and right.

I understand your point (of both), but this is exactly why the interest rates are so low! Don't eat from the hands of these clowns. Don't buy properties, because they are empty and for sale cheap for a reason: there are too many houses! And there are too many dollars around! Of course this is just my opinion, and the discussion has been pleasant for me. Thank!



8. Post 8439644 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Hey @adamstgBit, i notice that you have BTC.sx in your signature... I have a question if it is not too much disturb.

Are they trading on an exchange (or more), and if so which one(s)?

And if not, doesn't this make them a 'bucket shop', with all the inherent vulnerabilities?




9. Post 8439785 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 19, 2014, 06:10:23 PM
Hey @adamstgBit, i notice that you have BTC.sx in your signature... I have a question if it is not too much disturb.

Are they trading on an exchange (or more), and if so which one(s)?

And if not, doesn't this make them a 'bucket shop', with all the inherent vulnerabilities?



i almost forgot i had them in my sig. i wonder if they are still paying me...

i don't trade with leverage. i only trade on virtex.

a bucket shop... maybe maybe not. wana bet?  Cheesy

If only i had the deep pockets required for the stunt...  Smiley



10. Post 8440054 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: hyphymikey on August 19, 2014, 06:25:57 PM
Hey @adamstgBit, i notice that you have BTC.sx in your signature... I have a question if it is not too much disturb.

Are they trading on an exchange (or more), and if so which one(s)?

And if not, doesn't this make them a 'bucket shop', with all the inherent vulnerabilities?



They trade on bitstamp. The owner of the site just sets his own interest rates for using his capital. It's not a bucket shop because sometimes you aren't able to trade due to system limitations, meaning he has no more cash at the exchange to go long or coins on the exchange to short.

Thank you, much appreciated.



11. Post 8440499 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

As they say in Neaples... this was all a 'pacco, doppiopacco e contropaccotto' (trad: fraud, double fraud, and counter fraud)



12. Post 8440729 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Chaos and confusion, yay!



13. Post 8440998 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: fishpants on August 19, 2014, 07:27:45 PM
whats up with okcoin? trading stopped over there...

I'll say they have a bit of downtime because they are about to introduce futures right now.



14. Post 8441104 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 19, 2014, 07:31:03 PM
whats up with okcoin? trading stopped over there...

I'll say they have a bit of downtime because they are about to introduce futures right now.

joke?

No man  Cheesy, i read that on their site www.okcoin.com/t-40.html


Edit: In case someone don't know what futures are: http://en.wikipedia.org/wiki/Futures_contract



15. Post 8441451 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Richy_T on August 19, 2014, 07:42:53 PM
I understand your point (of both), but this is exactly why the interest rates are so low! Don't eat from the hands of these clowns. Don't buy properties, because they are empty and for sale cheap for a reason: there are too many houses! And there are too many dollars around! Of course this is just my opinion, and the discussion has been pleasant for me. Thank!

You're not completely wrong but right now, a lot of those properties are standing empty because their former owners got mortgages they couldn't afford. And there are a lot of people in that group. And they all need a place to live. And they are looking to rent.

It's not a bad time to be a landlord.

Hi richy, i appreciate the feedback. How these people are gonna pay the rent when they were unable to pay the mortgage?  Huh And also i am thinking about occupation. You can't get them out once they are in, by law, at least here in my country. So maybe i am a little biased against mortgage in general.



16. Post 8442021 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: xyzzy099 on August 19, 2014, 08:37:32 PM
As they say in Neaples...
For some reason that not even God knows, the city is called Naples in English, but anything from there is Neapolitan.

God does know - and so do I.  Neapolitan comes from the original Greek name of the city Neapolis  Tongue



Well, sometimes i think i spoke my own language you know  Wink.

Addendum: Neapolis = new city



17. Post 8442120 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 19, 2014, 08:42:47 PM
Shorts on Finex already increased to 7000BTC. Blame it on Falllllling.  Cheesy

have the shorts increased again?


You can take a look here: www.bfxdata.com/sentiment/longshort.php



18. Post 8442223 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: xyzzy099 on August 19, 2014, 08:44:28 PM
As they say in Neaples...
For some reason that not even God knows, the city is called Naples in English, but anything from there is Neapolitan.

God does know - and so do I.  Neapolitan comes from the original Greek name of the city Neapolis  Tongue


Well, sometimes i think i spoke my own language you know  Wink.

Addendum: Neapolis = new city

I believe Jorge has said that he is an Italian native also.  Maybe he forgot his Italian since he has been away... Wink


Sorry, what i meant was 'sometimes i spoke my very own weird italian-english hybrid language'  Undecided



19. Post 8442484 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: JorgeStolfi on August 19, 2014, 09:01:53 PM
I believe Jorge has said that he is an Italian native also.  Maybe he forgot his Italian since he has been away... Wink

My parents were Italian, from the Veneto region.  But I was in Nāpuli recently, and I happen to know a bit of Napulitānu, e.g.  http://www.ic.unicamp.br/~stolfi/misc/PigliateNaPastiglia.txt

I have it from a reliable source that when God created the English language He initially meant to call the city "Neaples", from the Greek, and the things from there "Napolitan", from Italian; but He then switched the spellings around, and does not remember why.

Sciāvo, then Smiley

By the way i've also a vetted interest in your county *ahem*.




20. Post 8443256 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 19, 2014, 10:06:30 PM
interesting data, in the last few days:

longs are down ~38.4%
shorts are up ~43.7%
price has dropped ~18%

so if longs are down and short are up , who the fuck is buying all the coins?

A very good question indeed...



21. Post 8443580 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: podyx on August 19, 2014, 10:34:22 PM
A little flashback on the altcoin market which seems to be going to shit pretty soon Grin




haha, amazing



22. Post 8443934 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

More relevant than ever? http://www.youtube.com/watch?v=OeTwwgm6Vsc



23. Post 8444241 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: mah87 on August 19, 2014, 11:30:31 PM
Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

Is there any chance you own a ton of those 'ripple' you are talking about?  Shocked



24. Post 8444485 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Good morning, China. You seems hungry today.



25. Post 8444831 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




26. Post 8445140 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: shmadz on August 20, 2014, 12:37:41 AM
A mortgage? Man, I don't know. I think it is the worst way you can lock yourself into a life-time of debt, and for what? A house and a car? I have bigger plan. I want to live in 5 star hotels around the world drinking grappa barricata all day long. Or die trying.  Cool

I just had to quote this and hand out the newbie post of the month award.

I don't know what grappa barricata is but welcome to the conversation newbie!
 Cheesy


Hey thank you shmadz! Grappa barricata is grappa (an alcoholic beverage) that is left resting in wood for a long time, and is absolutely delicious! You should try!




27. Post 8445224 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: slapper on August 20, 2014, 12:58:56 AM
Does it go well with liver and fava beans?

Of course Grin

shshshshshsh



28. Post 8445319 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 20, 2014, 01:00:04 AM

that sounds good.



carefull i almost killed myself once drinking and torlling here.  Grin

That's how i see myself in 5 year! (well, without the monocle)



29. Post 8445592 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: bigasic on August 20, 2014, 01:40:33 AM
If there is a lot of shorting, couldn't there be a whale that has shorted the shit out of it and knows hes safe because hell dump a lot and cause a panic sell to make it plummet again and not only does he clean up with all the short positions, he rebuys coins at half the price he sold them earlier..

is this a possibility? or even a probability?

As someone smarter than us once said: this is a simple business.



30. Post 8446042 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: justusranvier

Hey Justus, I just read your 'bitcoin is sedition' article and I wish to thank you, the best read in a while! And your analysis is very interesting!



31. Post 8446348 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 20, 2014, 03:02:21 AM
http://bitcoinism.liberty.me/2014/06/11/bitcoin-is-sedition/

Quote
Even if they manage to completely co-opt Bitcoin development, the global insurrection against the status quo will not simply evaporate. It will simply move on to a different venue and all the resources they put into neutering Bitcoin will be wasted.

wait a min.
"Even if they manage to completely co-opt Bitcoin development"
isn't that what we want?
we want the world on board,
that in itself will satisfy the " global insurrection against the status quo "

what more do you want? control of the world? ya  cool join the club and buy some bitcoin.

Have a look here http://morgana.unimore.it/bertocchi_graziella/papers/cooptweb.pdf for what, in my opinion, he mean for co-option.



32. Post 8446526 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 20, 2014, 03:13:45 AM
http://bitcoinism.liberty.me/2014/06/11/bitcoin-is-sedition/

Quote
Even if they manage to completely co-opt Bitcoin development, the global insurrection against the status quo will not simply evaporate. It will simply move on to a different venue and all the resources they put into neutering Bitcoin will be wasted.

wait a min.
"Even if they manage to completely co-opt Bitcoin development"
isn't that what we want?
we want the world on board,
that in itself will satisfy the " global insurrection against the status quo "

what more do you want? control of the world? ya  cool join the club and buy some bitcoin.

Have a look here http://morgana.unimore.it/bertocchi_graziella/papers/cooptweb.pdf for what, in my opinion, he mean for co-option.

no i get it, they will try to, co-opt bitcoin and "rule it" how they see it.

i dont know who rules bitcoin right now, nor do i care.

point is we all want to.

thats what gives it value.

you can't just move to a new venue, thats admitting defeat and then going to play another game.

Let's imagine the beginning of the press era. A few revolutionaries tried to print their ideas and spread them far and wide, to the uttermost disconcert of the ruling class that at that point controlled the mean of mass information (papers nailed outside the churches), almost without effort.

Now, we know how it all ended: the ruling class just saw the potential of the medium not to spread potentially destabilizing information, but to spread stabilizing ones. I bet that Gutenberg didn't see that coming.



33. Post 8446723 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 20, 2014, 03:22:21 AM
also the idea of "co-opting" bitcoin is silly we can all see the code.... and thats all that matters, who cares if USA or CHINA or a group of hackers, holds more, point is everyone can clearly see they played by the rules and won.

You say it is impossible, but I was able to come up with a co-opt strategy in 10 minutes. Keep reading.

Let's say that a powerful actor want to disrupt bitcoin (or any blockchain / 'mining' based technology).
He can build mining facilities, careful to not disclose that they are associated and can act in accordance.
With time, he obtain the vast majority of the hashing power.
Then, it start to inhibit transactions at random.
At this point users realize that the system is unusable and try to switch to another similar system.
The actor repeat the process.
The only solution at this point is another technology shift in these matters, with the same benefits of bitcoin but without his (by now perceived) drawbacks.





34. Post 8446932 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: blaaaaacksuit on August 20, 2014, 04:10:58 AM
Which exchange saw this dump first?

Huobi i think



35. Post 8447178 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




36. Post 8454447 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

OK, i read conspiracy theories so here is mine:

Code:
- those that shorted at 450$ are about to being margin-called, then we drop a few 10s then we start a more sane slow uptrend



37. Post 8455011 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Buy now and place your stop at 495.




38. Post 8455621 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Heartbit.io on August 20, 2014, 04:14:51 PM
2days price rebound +9.29%



Hey, very nice webapp you developed. How did I miss that until now? Smiley And the tutorial is a very nice touch.



39. Post 8455907 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

It's past midnight in Beijing... get ready chaps!




40. Post 8456394 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

It is all a deception, embedded in another deception.
Like a magnificent planet-wide brain chemistry orchestra.



41. Post 8457126 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: rpietila on August 20, 2014, 05:27:02 PM
Monero took a head start +20% today...

Too bad that when you hear the noise you have been scammed already.



42. Post 8458608 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Hey, pictures of less fortunate people, dead animals, wtf? Keep it cool, gents.



43. Post 8458782 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Everybody screaming buy... time to **** then.  

Shocked  Shocked   Shocked   Shocked



44. Post 8458915 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

4% stop hunting with associated whipsaw. You saw it first, only here, in bitcoinland.



45. Post 8459048 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




46. Post 8459369 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Another big move inbound. Guess in which direction. Hint: it will be the most painful one.



47. Post 8459513 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: amit123 on August 20, 2014, 08:30:02 PM
520$ looks good for the day..! lets see where it will be when I'll wake up tomorrow . Smiley expecting just + -15$

Only in bitcoin markets that is a conservative estimate! Smiley



48. Post 8459611 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

"As the 'trend' become evident, endorphin leave place to less pleasant chemicals, stress build up in the groin area and the sweat take on the smell of fear. It is only at that point that the individual surrender, not for the money, but for the pain."



49. Post 8460065 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




50. Post 8460667 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Find your balance



51. Post 8461588 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Until a couple months ago, bitfinex sort-of shared the orders, but not the way some of you seems to think.
What they did was putting a 'token' order in their book (either side) and anything executed against that order was then consumed from the bistamp books with a market order, or the very opposite (limit order at bitstamp, market orders at bitfinex). Some other times, both the orders where placed (eg: limit buy order at bitstamp, limit sell order at bitfinex) so that it was effectively arbitrage. Then they stopped a couple months ago.



52. Post 8462224 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: JayJuanGee on August 21, 2014, 12:18:10 AM
In other words, this is NOT a set percentage, but instead based on how much leverage you used....? The lower the leverage ratio, the longer it will be allowed to run before being forced to close; however, if an trader uses a high leverage ratio, then it will be forced to close much sooner (b/c the collateral gets eaten up more quickly)?

When the collateral value drop lower than the borrowed asset value, plus 15%.
The thing is complicated from the fact that one can use bitcoin as collateral, so that as the price change the collateral value change too.

Let's do math Smiley

John goes short at 450$. His collateral is 450$ (let's assume, to simplify). He short 3 BTC (1350$).
The price goes to 575$. Now to close his position he need to buy 3 BTC (1725$). John's position is in red of 375$.
When his P/L reach -382.5$, poor John will be margin-called. That will happen, in this case, at price 577.5$.



53. Post 8462370 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: adamstgBit on August 21, 2014, 12:45:42 AM

most shorts are older that today no?
most of the squeezie ( unless they get scared and one by one cut losses now ) will happen above 600.
doesn't feel like an easy price target... but no one saw that alpaca coming either.

You mean this one? Smiley



54. Post 8462511 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: BTCtrader71 on August 21, 2014, 12:59:45 AM

Another thing John can do is to close his position incrementally as the price approaches $575. For example, his plan might be that if the price hits $545, he'll close 1 BTC. That means he would buy 1 BTC at $545 to pay off part of his debt. This will have the effect of raising the margin-call price. This is called stop-loss, correct? (I am not a trader and learning this stuff on the fly)


You are right, and it will be wise for John.

Well, we may call this a strategy, that our mutual friend John employ. A stop order can be a tool he can use to implement it.

Do not worry, i knew nothing of these things just a couple years ago. They seems complex but are not Smiley

A stop order (they can be either buy or sell, i will describe the former now, just invert buy/sell in the explanation) at price X for N bitcoin work this way:
Code:
- when price became greater than X, place a market order for N bitcoin

Very simple indeed  Grin



55. Post 8462790 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




56. Post 8462869 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: JayJuanGee on August 21, 2014, 01:42:58 AM
In other words, this is NOT a set percentage, but instead based on how much leverage you used....? The lower the leverage ratio, the longer it will be allowed to run before being forced to close; however, if an trader uses a high leverage ratio, then it will be forced to close much sooner (b/c the collateral gets eaten up more quickly)?

When the collateral value drop lower than the borrowed asset value, plus 15%.
The thing is complicated from the fact that one can use bitcoin as collateral, so that as the price change the collateral value change too.

Let's do math Smiley

John goes short at 450$. His collateral is 450$ (let's assume, to simplify). He short 3 BTC (1350$).
The price goes to 575$. Now to close his position he need to buy 3 BTC (1725$). John's position is in red of 375$.
When his P/L reach -382.5$, poor John will be margin-called. That will happen, in this case, at price 577.5$.

Thank you.  I feel that I do NOT completely understand what you said, but I see that in this case, John's position will be forced to close at 128.3%... So then the exchange receives 1) 15% of the collateral item or 2) they receive 85% of the collateral item plus 15% additional fee, which means that the exchange receives the whole collateral item?  

It seems that the exchange would receive 2, no?  the reason that I say this is b/c in order to fulfill the short of BTC that John did NOT have, the exchange had to take that loss, no?  That bet had to have been made by the exchange while it was holding John's 3 BTC as collateral, no?

Nonono, the exchange is not at risk*, nor the lender (of bitcoin in this case). At any moment John can lose at max 85% of his collateral, plus slippage (eg: he got margin-called at 577.5$, but his order executed at an average price of 579$). The 15% margin (that give the name to the whole practice) is used to cover this slippage, so if the slippage is smaller than 15% then there is no risk for the lender nor the exchange.

In this case, John's margin-call order would have to be executed at an average price of 664$ for his lender (or the exchange) to lose anything.

I hope it's more clear.



57. Post 8463968 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Catching a falling knife is all about relative velocity



58. Post 8468823 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: seljo on August 21, 2014, 12:28:07 PM
Bitcoinwisdom not working here... omg can't see teh walls

They are under DDOS https://twitter.com/BitcoinWisdom/status/437678505438875648



59. Post 8469039 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: _javi_ on August 21, 2014, 01:15:46 PM
No DDOS. Thats old.

The main server met a network issue, they say.


Ops...

Edit: they are back!



60. Post 8469147 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

What you guys think about litecoin... isn't overshooting a bit?




61. Post 8469664 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




62. Post 8470374 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




63. Post 8471357 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: greenlion on August 21, 2014, 03:48:18 PM

That man was a disaster! Western civilizations downfall is partly this mans fault.

The more I think about it, the more I cannot find a single modern nightmare problem that Richard Nixon did not have a gigantic hand in. Although I do agree, Churchhill is a huge racist imperialist dick.

Well, there are worse leaders:




64. Post 8471787 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




http://www.bloomberg.com/news/2014-08-15/spiderwoman-brings-hope-to-winklevoss-twins-bitcoin-etf.html



65. Post 8472597 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Guys... sorry for the OT. Today I'm a f*cking creative force  Grin This is the last one for today, i promise  Lips sealed




66. Post 8473715 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):




67. Post 8474209 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Richy_T on August 21, 2014, 07:23:49 PM
Aeron chairs and foosball tables don't come cheap.

Quote from: adamstgBit on August 21, 2014, 07:26:57 PM
all it cost to get bitcoin turning was a pizza.

So funny Grin



68. Post 8474771 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Forgive my ignorance, but are ethereum 'coins/tokens' a mere anti-spam device? If so, then their value will approach the cost of solving a captcha, or similar systems (in the orders of 0.002$).



69. Post 8474889 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Walsoraj on August 21, 2014, 08:22:58 PM

Just a few drunk beartards. Relax.

[image of dead bear follow]


Can you please stop posting these pictures of dead animals? I mean, you can probably find something more funny no? Don't kill my mojo!!!!



70. Post 8475158 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: GaliX on August 21, 2014, 08:35:36 PM
LTC is walking ahead already.




71. Post 8475255 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Walsoraj on August 21, 2014, 08:49:00 PM

Just a few drunk beartards. Relax.

[image of dead bear follow]


Can you please stop posting these pictures of dead animals? I mean, you can probably find something more funny no? Don't kill my mojo!!!!

Pretty sure that bear is just sleeping. No metaphor intended.

Not dead, just passed out drunk.

Ah well, then it is funny Smiley It is totally wasted! Good bear.



72. Post 8475488 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: ChartBuddy on August 21, 2014, 08:59:30 PM

Explanation

What is that hole in the bids at 20:30? Seems like the bitstamp api didn't return the bids at all at that time...



73. Post 8475603 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: grappa_barricata on August 21, 2014, 09:13:42 PM

What is that hole in the bids at 20:30? Seems like the bitstamp api didn't return the bids at all at that time...

I'm going full paranoid mode here, just for the fun, and this is what in my opinion happened 40 minutes ago at bitstamp:
Quote
- api call for the book returned empty bids
- liquidity watching bots triggered market sells



74. Post 8475858 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Sandia on August 21, 2014, 09:37:08 PM
Watching the order books on BFX today, the spread was pretty awful for hours.  It would have cost you $2.70 from the highest bid (not including exchange fees) to buy 1btc.  About $1.70 spread and another buck to gather 1btc from small bids.

What is the strategy if you are doing 100btc or 500btc trades?  In most cases, you are going to lose $2-10 on slippage.  Just sell a few coins at a time as you get close to your exit?  Or only do large trades on big movement?

If i had so much i will at least try to use an hidden order, but i understand when market move fast one don't want to be left behind.



75. Post 8475983 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Newbie1022 on August 21, 2014, 07:17:12 PM
The Junta let you believe the price goes in a direction... so the price goes the other way.

Here. Corrected for you.



76. Post 8476325 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: JimboToronto on August 21, 2014, 10:13:53 PM
A little bit of taxidermy would fix that.

In Russia, bears stuff you.



77. Post 8476414 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Dat bitfinex bid!
Now this is a bid book you can sleep on, with a moronic smile on your face. (but with an eye open anyway)



78. Post 8476540 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: Sandia on August 21, 2014, 10:27:48 PM
Dat bitfinex bid!
Now this is a bid book you can sleep on, with a moronic smile on your face. (but with an eye open anyway)


Except the 485 coin wall just got eaten.  Better wake up!

Indeed  Undecided No sleep for me tonight. MOAR charts watching.



79. Post 8476701 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Another 'interesting' european night, courtesy of our mutual 'friend':



80. Post 8476881 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Market move 15$ against you? No problemo, just relax™. *evil laugh*

Like we say in Italy: 'non te la prendere, e se proprio te la devi prendere allora prenditela nel culo'



81. Post 8476937 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: ChartBuddy on August 21, 2014, 10:59:32 PM

Explanation

Dang! Another hole, at the same time of this drop too... mmmmmm better switch paranoid mode off.



82. Post 8477042 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: ChancellorOnABrink on August 21, 2014, 11:06:35 PM

Dang! Another hole, at the same time of this drop too... mmmmmm better switch paranoid mode off.

It's 3D model... you get it ?

Well... i get it. I guess i was tricked by perspective. Just bids depth decreasing.



83. Post 8477369 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Personally i find all this bull/bear dichotomy utterly ridiculous.
Either you are here because you believe in the potential of the technology, or you are here because you are interested in the markets.
In the former 'bull' is the only appropriate description. In the latter the description is meaningless.



84. Post 8477434 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

Quote from: kodtycoon on August 21, 2014, 11:50:55 PM

Dang! Another hole, at the same time of this drop too... mmmmmm better switch paranoid mode off.

It's 3D model... you get it ?

what are the gaps in the chart about? iv never got what thats about?

The depth in a side or another suddenly decrease, leaving a visible gap that then perspective make more evident.



85. Post 8478210 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.07h):

If i go to sleep i know this will happen:

So, profit taken, and good night!



86. Post 8485851 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




87. Post 8486338 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

BitsharesX... buy bitUSD, right, don't mind the 24/7/365 printers going at full speed.



88. Post 8486935 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

F*ck is going up more...



89. Post 8487139 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

I'm casting my cares aside
I'm leaving my past behind
I'm setting my heart and mind on You
Bitcoin

I'm reaching my hand to Yours
Believing there's so much more
Knowing that all You have in store for me is good
Is good

Today is the day You have made
I will rejoice and be glad in it
Today is the day You have made
I will rejoice and be glad in it

And I wont worry about tomorrow
Im trusting in what You say
Today is the day

Oh, oh, oh



90. Post 8487813 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: klee on August 22, 2014, 04:22:27 PM
Bitstamp Up. BTCChina down.

Interesting times ahead!

Never a boring day in bitcoinland  Grin



91. Post 8488138 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




92. Post 8488417 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: adamstgBit on August 22, 2014, 04:50:52 PM
after 6 confirmations price is gana explode.




93. Post 8490454 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Scumbag Steve Trading Tip #1




94. Post 8490766 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Why klee post (and my reply too) was deleted? What was wrong with that?

For reference, here are the posts http://pastebin.com/sr3w1mmE


"While some lure in the darkness, I bath in light. It is not a question of altruism, on the contrary, it is pure egoism. Because the possibility that a civilization can die double our own mortality."



95. Post 8490882 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Gatekeeper on August 22, 2014, 08:11:15 PM
Why klee post (and my reply too) was deleted? What was wrong with that?



"While some lure in the darkness, I bath in light. It is not a question of altruism, on the contrary, it is pure egoism. Because the possibility that a civilization can die double our own mortality."

because it's a very old post and just a load of fud, why are you posting a link to something from nov 2013??

It is the exact opposite of what you are saying... the 'false news' was posted from others, and the user 'klee' found out that it was old, and so just a FUD attempt. That's it.



96. Post 8490957 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Gatekeeper on August 22, 2014, 08:16:26 PM
Why klee post (and my reply too) was deleted? What was wrong with that?



"While some lure in the darkness, I bath in light. It is not a question of altruism, on the contrary, it is pure egoism. Because the possibility that a civilization can die double our own mortality."

because it's a very old post and just a load of fud, why are you posting a link to something from nov 2013??

It is the exact opposite of what you are saying... the 'false news' was posted from others, and the user 'klee' found out that it was old, and so just a FUD attempt. That's it.

right so stop posting a link to the FUD, Adam clearly deleted everything to do with it.

Except that the FUD proper is still here, a few page behind, while its debunk has been deleted.



97. Post 8491868 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




98. Post 8492050 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

I just noticed the strong resistance that was at bitfinex around 670$ is gone. Just gone. Its like a desert up there.



99. Post 8492131 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Anduck on August 22, 2014, 09:56:54 PM
I just noticed the strong resistance that was at bitfinex around 670$ is gone. Just gone. Its like a desert up there.

$6...70? what.  We're at $517.. Looking at >$150 higher in the orderbook tells nothing about anything.

I agree... but that resistance was there for a long time... It was there before the last run in May. Perhaps i'm projecting hopes of moon. Smiley



100. Post 8492476 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




101. Post 8494212 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Richy_T on August 23, 2014, 02:16:00 AM
I heard it was some kinda Ponzi plan.



"Even if they never got anything for it, it was cheap at that price.
 Without malice aforethought I had given them the best show that was
 ever staged in their territory since the landing of the Pilgrims!
 It was easily worth fifteen million bucks to watch me put the thing over."





102. Post 8500923 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




103. Post 8501231 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: fonzie on August 23, 2014, 04:23:42 PM
Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
Bitstamp is reacting

Almost 10BTC in 30 trades in the meanwhile, causing a pricedrop of 2,50$. Better panic sale now!




104. Post 8502077 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




105. Post 8502492 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Breaking 500$? What does Jesse Livermore have to say about this?

"But it is not wise to get out when the break
 is the result of a raid by an operator, because the moment he
 stops the price must rebound. Inverted tips."



106. Post 8503104 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: Sandia on August 23, 2014, 06:30:08 PM
Breaking 500$? What does Jesse Livermore have to say about this?

"But it is not wise to get out when the break
 is the result of a raid by an operator, because the moment he
 stops the price must rebound. Inverted tips."


Except we been sitting around 504 because of one guy dumping huge earlier and broke 500 support.  The btc market doesn't listen to logic, sadly.  A small minority think Jesse is right; the majority of traders just look at the TA.


Yeah, if TA worked i will be rich by now Smiley

I stopped using it when i realized that:
- future prices are unrelated to past prices
- indicators are only good a posteriori
- a single trade can break a 'trend'
- black swan events happens



107. Post 8503849 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: macsga on August 23, 2014, 07:52:32 PM

Yeah, if TA worked i will be rich by now Smiley

I stopped using it when i realized that:
- future prices are unrelated to past prices
- indicators are only good a posteriori
- a single trade can break a 'trend'

+1.  Trends usually work, as long as a whale doesn't choose that moment to do whale things.

May I indulge you to read this?

https://bitcointalk.org/index.php?topic=372346

Much appreciated Smiley



108. Post 8503924 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: wingsfan23 on August 23, 2014, 08:05:49 PM
Lube it up guys, this might be the final crash that is gonna hurt

Quote from: abercrombie on August 23, 2014, 08:05:56 PM
is crypto done?  Huh

Are we supposed to sell NOW?




109. Post 8504382 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: esse83 on August 23, 2014, 08:48:49 PM
but BTC is the future of play money Huh




110. Post 8504690 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




111. Post 8505353 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




112. Post 8506349 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




113. Post 8506790 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):




114. Post 8508101 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.08h):

Quote from: greenlion on August 24, 2014, 04:32:34 AM
Absolutely false on its face.

All trade is by definition positive sum, and a market is merely the aggregation of all trades. This arises because the preferences of individual participants are not monolithic.

The whole anti-TA strain I can understand is very compelling from a sense of misguided skepticism and not wanting to be made a fool, but all of these knee jerk non-criticisms transparently come out of a lack of understanding of what TA even is in the first place.

Imagine this scenario:

10 men are locked in a room. They are given different quantities of 2 assets each. They start exchanging those 2 assets among them, effectively creating a 'market' and determining a 'price' of asset A measured in asset B and viceversa.
This price is recorded day by day, and a graph drawn on the wall of the room.

Now, as times goes on, 9 of these 10 men start seeing things in the graph. They seems to fool themselves into thinking that somewhat future prices are determined by previous ones. They take rules and compasses and start identifying 'trends' and 'patterns' in the graph. They think: "price has gone up for the last 3 days, it is more probable that it will go up today, instead of going down". They completely forgot the base mechanics, as you recall correctly: trades and trades alone determine price.

The 10th man, more wise, don't believe this mumbo jumbo. He understand the mechanics. He also know, now, that another mechanic has been added to the game: beliefs.

So at the start of the day he buy a bit of B, fooling the others into thinking: "see? what did i told you? trend is up". And they buy, and buy...
It is at that point that our trading hero sell.

So, while these 9 men think they are smart because they can see 2 moving averages cross, the other one fool them. A lot.

After a year the room is unlocked. Every pieces of A and B are in the pockets of our hero. The others pockets are empty.

Here endeth the lesson.



115. Post 8592618 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




116. Post 8592808 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




117. Post 8593098 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: nanobrain on August 30, 2014, 05:04:54 AM


That's very good, good job  Grin



118. Post 8593548 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

I think GABI is not a factor. The real factors are the international finance shenanigans in the upcoming months.



119. Post 8593955 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




120. Post 8594121 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Poor litecoin is exhaling his last breaths...



121. Post 8594179 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Listening to this, to focus the mind.

And this, if you want to lose yourself in the meta realms.



122. Post 8602962 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

This game is about money. Someone want to trigger a war, ANY WAR, before it is too late, but guess what? It is too late already.
Ukraine situation has de-escalated already, people are still being drafted but it is because they started mobilizing 6 months ago and these processes are slow.
This whole Ukraine thing was to scare EU. As you can see, it has not worked i'm afraid.

Posting shitty propaganda news and pictures of nuclear rockets is not going to work.
Turn out Americans weren't that exceptional after all, don't you agree empowering?



123. Post 8603234 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

The dynamics are in plain sight, if some can look through the fog:

- non-recommendable people came into power in Ukraine
- Russia occupy Crimea
- EU countries supposed to fear about the mean in which the energy market express
- US reveal a new gas deposit that 'can feed Europe'
- Putin play the nonchalance game
- EU does nothing
- US gas deposit re-estimated at 95% less than declared by independent analysts
- a few weeks ago Ukraine and Russia start talks to officially de-escalate the situation
- US media keep reporting about tensions anyway
- Russia dump 1/3 of his American T-Bonds
- US public political figures play macho 'at ridiculous levels'
- Putin tell them to 'do some yoga and relax', also he is photographed with gold ingots in his hand

This, bear in mind, is only a tiny fraction of the game.

Another side-story, all of this in August

- Prime minister of Japan on a national holiday pay homage to WWII war criminals, that killed 10s of millions of chinese
- China complain
- US 'publicly confirm' WWII era 'military friendship' with Australia
- Prime minister of Japan talk to the Australian parliament, his words a 'de-facto military alliance' according to analysts

Then there is the ISIS situation, that i still have to gasp, but rest assured it has something to do with Saudis.

Why all of this? Because the USD is being dropped as the world reserve currency in international trades.



124. Post 8603477 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: empowering on August 30, 2014, 11:55:58 PM

right I am with you on all of it.. these are certainly parts of the game being played... parts of it.. but as I said.. the game has not finished.. it never does.. in the end I do not think we are going to plunge into world war 3 (at least not just yet) certainly not on purpose anyway

The ISIS situation in my view has got a Saudi element to it, but also a US and UK and also a Russian,Iranian,Syrian, Israeli elements to it too.. who knows what the next move is there... and from whom.

The question who is is-is is not benign, and it quite important...  really who is pulling their strings and what is their end game and where will it stop, and is it part of a bigger game? is this a Matryoshka doll of games? could it be that they are linked and part of a far bigger game? most likely.

My government and the US government and all of the social media networks have been making a point of ramming (ISIS) down my visual oesophagus for quite some time, and arabs in general for the past 25 years...  and there has been move after move..  who know what the next move is?

How scared do any of the players need people to be to achieve their next goals?


The major player in this game is desperate, the others are doing yoga...
If the major player attempt something stupid, his own people will get so much unstable as to make it powerless.
Their only move is to trigger a war somewhere and/or some other casus belli for military interventions.
Just to gain some years of time. But their destiny is inevitable.

It all started with the 2 world wars. The turning point was the Nixon Shock.
The major player economy has sucked the blood of the rest of the world for a long time.
The rest of the world is about to get rid of the yoke, without a single drop of blood.
They only have to do nothing, and watch the dynamics unfold.

As I said, the whole game is about the status of the USD as reserve currency in international trades.
If someone may say that is a 'nut theory', he is invited to wait until their newspapers start saying the same thing.
Oh wait... oooops



125. Post 8603772 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: empowering on August 31, 2014, 12:37:18 AM
Yeah it is all a game...

and I am pretty good on my history...  Wink

tbh I am not sure on the no blood situation though.. desperation is never a good thing, I am not talking nuclear war, but maybe a few unwanted bangs in unwanted places...

and I am not sure that players will just do nothing... especially if the stick/noose they are being jabbed with/lassoed with is big enough/tight enough... desperation is never a good thing

You seem very sure of everything.. and good for you... I personally have never found that works so well, I wish I could share your optimism..

I am afraid though there will be blood...

by that I mean more blood...  (there has been a fair amount of lost souls in the past month alone, that a few months ago were pootling around kiev or amsterdam or KL etc without a care in the world,  lets not forget those poor unexpecting people.. nor for that matter the people in Syria, Iraq, rest of Ukraine etc) the game is not sanitised and is not in (full) control... I wish it were but is bloody isn't.


Nice discussion, my friend Smiley

Do not be afraid. The US/UK/Mexico/Canada/Japan/Australia planners are trying their best to scare their population, but nowadays with the internet it is quite hard to do so in a systemic way. They will fail in this regard.

There has been indeed a lot of blood to maintain this world-wide status quo. Better start to think of it as the past.
An economic world war has been played in the last decades. This war is economic.
After these events unfold, the (rest of the) world will be a better place, at least for a while. No WW3 on sight.

Lets not forget we share the same destiny on this giant rolling stone. This historic anomaly ends now.




126. Post 8605946 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Meh... buy back time already.



127. Post 8606137 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: falllling on August 31, 2014, 06:44:38 AM
sell walls at $500 are being built, soon $500 will be a unreachable target or replace the definition of "moon" Smiley

I see no walls at 500$, and I'm watching 6 fucking markets.



128. Post 8606181 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

If the ETF comes through in the next month or so, then it is absolutely right on spot to catch all those bond and stock traders looking for a way to escape the dollapocalypse that is coming their way.

That arab market too, seems to be at the right place in the right time. Oh the coincidences.



129. Post 8606292 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




130. Post 8606386 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: Searing on August 31, 2014, 07:25:57 AM
Well hopped on and got .36 BTC at $495.25 on coinbase...... for the sole purpose of popping my cherry to have over 50 BTC now.

Just a heads up ...I always punch the ticket too soon..it will likely fall more...just watch... Smiley

anyway got 50 coin now.... managed to squeak (maybe) out of minnow status?

this catching a falling knife stuff is tricky

Searing


Oh no what have you done!  Cheesy



131. Post 8606462 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Meanwhile in meat-space:




132. Post 8606567 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

This must be the bottom for now Smiley

Edit: or maybe not  Undecided



133. Post 8606716 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: Zicore47 on August 31, 2014, 08:13:29 AM
It looks that it's all about BTC-e right now...

The amount of trades are incredible... like 10 per second.

Edit: this seems like HFT gone bad



134. Post 8606873 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

I don't know what's going on, but if you look at the btc-e book it seems that the highest bid and the lowest ask have the same price... WTF?

Edit: my spider sense tell me that some trading bot is after NaN profits... muhahaha



135. Post 8606980 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

I think BTC-E has technical problems... the bids and asks intersect at times, maybe it is just an artifact of bitcoinwisdom, but maybe not.



136. Post 8607073 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Everything is bouncing Smiley



137. Post 8607202 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Ho, ho, ho! It's time to get jolly on your naughty asses!



138. Post 8607345 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




139. Post 8608082 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: ChartBuddy on August 31, 2014, 10:59:31 AM

Explanation

What a mess, Chartbuddy. A real mess.



140. Post 8608488 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Citi will go bankrupt in 2 months top.

Edit: They have shorted paper gold for ten year... go figure. Their entire commission board will probably hang themselves before the winter.



141. Post 8608674 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: mmitech on August 31, 2014, 12:01:45 PM
this Video teach us a simple yet important thing: First Follower: Leadership Lessons from Dancing Guy


Click the image to watch the video




in Bitcoin's case, Hal finney was that brave first follower

Thanks dude, very educative.



142. Post 8609630 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: derpinheimer on August 31, 2014, 01:34:27 PM
Chartbuddy glitch or bit stamp glitch?

No, just a messy market.



143. Post 8609848 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Summary of the situation.



144. Post 8610157 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: falllling on August 31, 2014, 02:08:53 PM
sell walls at $500 are being built, soon $500 will be a unreachable target or replace the definition of "moon" Smiley

I see no walls at 500$, and I'm watching 6 fucking markets.

do you see them now?

I think if your 'predictions' are projected on an infinite time-span you are right less than 50% of times statistically. Congrats.



145. Post 8610719 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):




146. Post 8611074 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Oh bottom where art thou...



147. Post 8611232 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: oyvinds on August 31, 2014, 03:26:20 PM
You do realize that falling has been the one voice of reason among a bunch of permabulls here who in concert scream "buy more and hold because loosing money is great and the price will surely go back up"?

Perhaps with the right major crisis the nations will accept the GNU World Order but I don't see that as likely.

Now consider this:

* LTC is traded at $4.855
* The total supply of LTC will be 4 times that of BTC. Thus, the price LTC should be 1/4th of the fair price of a BTC
* 4.855*4 = $19.42

 Huh



I think i understand your reasoning:

* LTC is traded at $4.855
* Potato production of West Bengali is 11500 tons per year
* A potato weight 186 grams
* LTC is worth 3 potatoes



148. Post 8618150 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: TooDumbForBitcoin on September 01, 2014, 02:31:23 AM
The "ber" months are here. Summer sales are over and fall sales begin. Xmas ads are around the corner. Bitcoin is on sale. They may be the hottest thing this holiday season.

We need an "All I want for Christmas is Bitcoin" meme.

And the other 70% of the world?

"Invite to the way of thy Bitcoin with wisdom and beautiful preaching; and argue with them
in ways that are best and most gracious."



149. Post 8619652 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: JorgeStolfi on September 01, 2014, 06:36:58 AM
Hash rate continues to go mental  Shocked  eom

The protocol gives out ~3600 BTC daily to miners, no matter what bitcoin is doing.

Each miner gets, from that amount, a slice proportional to his hashing power.

Hence every miner will try to get as much hashing power it can, as long its cost is less than what it earns.

Those with the most efficient equipment (or who steal equipment, or steal electricity) can reinvest more and grow faster.

Hence the hashrate will keep increasing nonstop.

So what?

The point was that at these bitcoin price levels mining is impractical.



150. Post 8619801 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: JorgeStolfi on September 01, 2014, 06:52:57 AM
Wrong. The hashrate has decreased in the past ... if you cared to take a look and can read a plot.

I saw it stagnate at the last reward halving, maybe I did not look far back enough?

It self-regulate. If mining is unprofitable people stop mining, hash rate drop and mining became profitable again. If prices remain at these levels hash rate MUST drop, unless vast majority of hash power is controlled by entities that have no economic interests in mining per se.



151. Post 8619979 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Anyway, Apple users will spend all the iMoney dollars that their fathers charge for them at Starbucks.



152. Post 8620092 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: Newbie1022 on September 01, 2014, 07:28:23 AM
I am super irritated by the exchange shenanigans... but negativity aside, I have a fleeting suspicion we will be looking at 500 within the next couple hours... not days. If I called it then I want a cookie.

If you are right i wish you have this kind of cookies.



153. Post 8620325 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.09h):

Quote from: HarHarHar9965 on September 01, 2014, 07:35:26 AM
The point was that at these bitcoin price levels mining is impractical.

Why would that be the case? Some miners/groups, I would think, have sources for cheap miners and cheap/free electricity. Don't you think there are miners whose margins can go much lower than this? Maybe I am missing something.

 Huh

Consumer-level mining was impractical months ago already.
Industrial-scale mining facilities have logistics, R&D, capital costs, all in the craziest growing industry on the planet.
All of them are burning reserves as we speak.
New players entered the game in the previous months with some perspectives on price that have not been fulfilled.
I hear the free electricity argument a lot, but it is very unrealistic to expect that someone like BitFury for example run on free electricity.
Hardware may seems cheap the month you buy it (or that you develop it, in case of BitFury), but his profitability is based on assumptions that are out of the miners control.

That being said, i may be wrong. Maybe some mining facility is still profitable at these price levels. Perhaps they have their own power plants and they are mining on Einstein-Bose condensate optical lattices circuitry. Who knows  Wink



154. Post 8624172 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




155. Post 8624492 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: empowering on September 01, 2014, 02:42:47 PM
I freaked out and cashed out my initial investment (1.5k USD) + 10K USD.
Even SEPAīd the money to my bank so from now on, with the few coins i got left, itīs just play-for-fun  Grin

Oldbones - new account

Quote from: empowering on September 01, 2014, 02:43:30 PM
looks like i am a lucky weak hand...lol

razorramon - new account





156. Post 8624715 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: razorramon on September 01, 2014, 03:01:17 PM

yep...registered just now...so what?

i registered mainly to spread fear, uncertainty and doubts

Corrected.



157. Post 8624820 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: tarmi on September 01, 2014, 03:09:28 PM
Name:   grappa_barricata
Posts:   163
Activity:   14
Position:   Newbie
Date Registered:   August 19, 2014, 02:12:23 PM

and confirmed!

Touche.



158. Post 8625066 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: mmitech on September 01, 2014, 03:22:58 PM

conclusion:  this year Tesla motors stock so far did better than Bitcoin ... 2 innovations, one is being more embraced than the other, which is really interesting due to the fact that not everyone can afford a Tesla car.

They are promising, no doubt. The pun in the graph was because they sold 10k cars last year and have a market cap like Ford Company, that sold millions.



159. Post 8625384 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: fonzie on September 01, 2014, 03:23:37 PM
http://www.musictory.com/music/Death+In+June/Kapitulation

Very nice. Text is cryptic, voice is appropriate, music is pleasant.  Smiley.  The video, well...  Saturatiooon



160. Post 8625471 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: empowering on September 01, 2014, 03:49:37 PM
[Suspicious link removed]jj.com/articles/fbi-probes-possible-computer-hacking-incident-at-j-p-morgan-1409168480

If you look the video here, notice how they stress about the possibilities of 'frauds'. Notice also that in the article at that url they stress that EU banks too have been attacked. They also do allegations about Russia being behind it.

But why?
Because the USG is desperate to keep EU on their side, and are looking to cover the upcoming financial shenanigans in their country.


Edit:
This apparently innocent sentence can be found at the end of the article:
"The threshold for a military response is either massive economic harm or potential loss of life, he said."



161. Post 8626307 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Adrian-x on September 01, 2014, 04:49:35 PM
Wrong. The hashrate has decreased in the past ... if you cared to take a look and can read a plot.

I saw it stagnate at the last reward halving, maybe I did not look far back enough?

It self-regulate. If mining is unprofitable people stop mining, hash rate drop and mining became profitable again. If prices remain at these levels hash rate MUST drop, unless vast majority of hash power is controlled by entities that have no economic interests in mining per se.

So just jumped back into mining, here is a rough breakdown per TH/s:  (my electricity costs ($0.08/kWh)
Cost $2.18 per day; income @ $480/BTC = $8.80. (I.e. I am paid to heat my house this winter.)
So one of 3 things are going to happen next.

The price will fall to or below marginal cost of production.
Or
The hashing rate will increase until infrastructure grows to meet marginal cost of production.
Or
A combination of the above.

So no drop in hash predicted, and if the price drops to my marginal cost we may see old hardware from mining farmers go offline, which will be good for decentralization.


About your situation: if the hash rate keep going up then you will have to replace your hardware with a more efficient one in 3 months.
This is quite an addition to the cost of mining, that one must factor in. So, even if you have very cheap energy and very efficient hardware you still can't be on positive cash flow for the next 3 month, let alone recover the initial investment in the hardware. Correct?



162. Post 8626568 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: aminorex on September 01, 2014, 05:18:35 PM
This being the bitcoin price movement tracking and discussion thread, that was my intention, yes.

Russia has gradually escalated the invasion of the Donbass to the point (estimated 3 to 5 thousand uniformed) where the Ukrainian government considers it an outright invasion.  European governments (except for Honnecker Merkel) agree. Europe has a backbone composed of over-cooked pasta, but they do remember Hitler, and the parallels to Putin are pervasive, profound, and indicative. I am wishing that I did not have so much New York travel planned, at this point:  A pre-emptive strike by Putin against the allied west is the likely end of any escalation.  I should acquire an off-shore life insurance policy in case my domestic one should prove unsuited to the circumstances of my death.

All of this, I consider bearish in the short-term, on risk-aversion, and bullish in the long-term on the fundamental technical capability of crypto to provide value storage and liquidity transfer when other systems break down.



You are very wrong. USD is about to being dropped as a reserve currency in international trades (among nation-states).
This has serious implications for the US economy, because it is just an house of cards. They are a vampire economy. I'm sorry but that is what it is.

The people that run the USG at the moment want to trigger a war somewhere, to gain a few years of time.
Meanwhile the rest of the world, including the EU and Russia, just do not give a fuck. They will not be tricked in a war.
The US media (and UK, Canada, Mexico, Japan, Australia) are doing their worst to scare their inhabitants into docile fear. But, well, there is the INTERNET.
There will be no war because the american public is not receptive to the idea, even if a casus belli is fabricated. You'll see.
There is no 'allied west'. Its a jungle out there. There are only power relations.

Of course this is bullish for bitcoin Smiley



163. Post 8628800 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: criptix on September 01, 2014, 07:52:25 PM
im pretty sure that bitcoin doesnt need that lol.
bitcoin would still work with a price of 1$.

anyway true believers are more like this:



Awesome  Cheesy



164. Post 8635189 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Someone is desperate... not me, I'm enjoying my coffee.



165. Post 8635275 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Baam. Let them wall fall.



166. Post 8635328 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Forget coffee... i'm opening a bottle of grappa barricata right now.



167. Post 8635451 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Rocket launchpad formation at 15m.



168. Post 8635691 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: razorramon on September 02, 2014, 08:52:27 AM
i guess someone bought his own asks just to keep us involved

lol, you think someone is that fool and give free commission.
There was big order and it was eaten by others.

well then there were no fake walls and people with ~ 2000btc just got out




169. Post 8635995 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

I know that depth is almost meaningless, but... there are 17k BTC of bids down to 400$ @bitfinex



170. Post 8636385 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Seems like china is ready for round 2.



171. Post 8637198 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Transactions can be zero-fee, guaranteed. It depend on how 'old' the coins are.



172. Post 8637320 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: JayJuanGee on September 02, 2014, 11:31:21 AM
You need a better definition of fake.... In other words, even if what you are saying is true (that 90%of transactions are between the same owner) so fucking what?

Hey Jay, why so aggressive? Listen to this to relax.



173. Post 8642407 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




174. Post 8643090 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: JorgeStolfi on September 02, 2014, 06:50:08 PM
I mean the traders at the Chinese exchanges.  I suppose that they are still mostly Chinese citizens.

You say that one can deposit CNY into them through Coinbase?  Directly, or indirectly (Coinbase deposits at Bitstamp and arbitragers bring coins from China to sell there)?  The latter would generate volume at Bitstamp, which I don't see happening.  Or do you mean the international branches of Huobi and OKCoin?


I guess the best way is to transfer bitcoin to your Huobi account, for example, and then trade there.



175. Post 8643629 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




176. Post 8645823 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

I heard a rumor that GABI want to invest a zillion Zimbabwe dollars, if they manage to find a Cessna to carry the banknote to Jersey Island. Their fund manager is one Mr. Ciccio Pasticcio, of renowned fame because he can light a cigar with a lighter and a fart.



177. Post 8646310 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: windjc on September 02, 2014, 10:50:55 PM
Why the fuck is everyone making fun of GABI?

In my case, it is because they just said "we expect N millions in the first year" or something to that effect. For what i know, they can be 3 20-something in a 100 bucks a month office, rolling thumbs and wishing a lot.

That being said, i'm bullish short, medium and long term



178. Post 8646562 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: empowering on September 01, 2014, 11:32:32 AM



Thanks for the research, they are indeed pro. Maybe too pro  Undecided
But can they light a cigar with a lighter and a fart? I don't think so. This art maybe is lost forever.



179. Post 8650791 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):


Explanation



180. Post 8652265 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Mervyn_Pumpkinhead on September 03, 2014, 10:12:16 AM
I find myself visiting this forum just to cheer myself up.




181. Post 8652381 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: bassclef on September 03, 2014, 10:26:02 AM

So AnonyMint claims a couple of things here:

-Bitcoin was created by the NWO to lure in techno-libertarians/anarchists; soon it will be slammed down by ETFs and other mainstream investment vehicles. There is no evidence of this except what can be assumed and extrapolated from other conspiratorial evidence, which is not without merit but is often... dubious.

-Bitcoin's adoption will slow because it has exhausted its demographics. If innovation continues, it will open up other adoption avenues, right? Not just the basement-dwelling libertarians who surf the internet all day? There seems to be a whole world out there that likes money and might enjoy using a digital ownership protocol.

His first post on this forum was suggesting how Bitcoin could change to reflect his expert analysis of its flaws. I have a hard time taking a doomsdayer with a self-professed IQ of 160 (or something like that) very seriously. I think he takes himself pretty seriously, but I had to unignore him to read his post. I perform with egotistical, self-righteous people all day, on and off the stage, and I cannot abide the narrow "all about me" attitude. It gets old real fast.

I think his idea is very simplistic. And any one with an IQ of 160 will not take the IQ test too seriously.



182. Post 8652852 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Bittings on September 03, 2014, 11:22:29 AM
Credit Card Breach at Home Depot
http://krebsonsecurity.com/2014/09/banks-credit-card-breach-at-home-depot/

God dammnit trolls and manipulators!  Cheesy

Can't you just let Bitcoin take over already so we can stop with all these credit hacks?

Hobgoblins. Fucking hobgoblins everywhere.



183. Post 8653312 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: creekbore on September 03, 2014, 12:02:39 PM


I think his idea is very simplistic.

Yeah, really.
I doubt you even understand a quarter of his posts -- much better to just keep chanting.

I can agree with this: Markets always move in the direction to hurt the most investors.
I didn't read all his posts, only the first one. Seems that you think his scenario has some serious brain power behind. I disagree.



Edit:
The fact that you can't accept that someone disagree with you on this subject is a mechanism of self-defence.
As your point of view is at least partially based on the opinions of others, any critics can set that point of view toward the path to re-evaluation.
That is something that your mind will resist at any cost, until possible. Let then this post be the trigger.



184. Post 8653958 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: creekbore on September 03, 2014, 12:55:18 PM
Remember: ego inhibits the exploration of ideas that run contrary to your own.

This behavior is quite interesting. I've explored that idea, judged it and expressed my opinion.
This opinion of mine can be called an idea on its own. An idea that run contrary to your. I hope you gasp the subtle irony.



185. Post 8654352 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: creekbore on September 03, 2014, 12:55:18 PM
[...] you should perhaps read Risto's thread more thoroughly (pages 90 to 120 esp) [...]

If you are referring to the talks about the impeding anglo-american economic collapse, and how it relate to the future of bitcoin, then I can't agree more.
I am myself quite 'vocal' about that. But i fail to see how this is related to the 'Digital Kill Switch' theory.



186. Post 8659838 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: empowering
http://youtu.be/hpAMbpQ8J7g

I watched a random bit of the video... he was talking about the fact that 'charity does not solve problems, merely postpone their solution', and i agree. But then, all of a sudden, he mention that 'private property is the problem'. WTF? At that point he lost me.

Private property is essential because the difference between us and what we call property are so thin that if we relinquish the right to own things to 'society' then the step toward relinquish the right to 'own ourselves' is short.

Of course this is just my opinion. At everybody his own.



187. Post 8660278 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: abercrombie on September 03, 2014, 08:42:38 PM
btc-e is down.   Shocked

http://www.isitdownrightnow.com/btc-e.com.html




188. Post 8660350 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: marcus_of_augustus on September 03, 2014, 08:53:11 PM
There is also the increasing probability of a major UK/US bank getting hacked or attacked into non-functionality. This could be due to criminal or geo-political reasons. The 'economic' sanctions targeting Russia now include financial transaction network disruption, make no mistake that this an act of economic warfare ... at some point the weak points in Western financial infrastructure (zombie over-leveraged fiat banks) will become the primary targets for retaliation.

They are preparing their population to accept the introduction of capital control (oh the irony).



189. Post 8667506 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




190. Post 8667729 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: jeezy on September 04, 2014, 09:44:21 AM
Frankly, I'm not aware of anything to prevent the exchanges front running the market. It would be profitable and very hard to prove, therefore it is probably happening.

Rule #1: If there is money involved, someone is doing it.

Pure wisdom!

Rule #2: If Rule #1 seems to not apply, somebody is lying



191. Post 8667898 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Dang! interest rates on USD at bitfinex are getting lower and lower... they weren't that low from the start of May.



192. Post 8668023 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: fonzie on September 04, 2014, 10:18:38 AM
Dang! interest rates on USD at bitfinex are getting lower and lower... they weren't that low from the start of May.

I already reserved myself a nice amount ~0.0415 for 30d. Most of the lower offers only have a time range from 2-7 days.

Indeed, that's a nice strategy. I always want to do that, but then i end up switching positions fast and furious  Undecided



193. Post 8668483 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

As BTC price goes up, new relatively big asks pop out, in all markets...



194. Post 8668683 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




195. Post 8668873 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Newbie1022 on September 04, 2014, 11:29:03 AM
If you short LTC in the short 5's range, after seeing what happened to people after the last crash when they did that... then God save you. Wait until you at least get a 6 handle. Then have fun.

Nevermind, I've taken my small profit already (it was toy money). I do not trust the LTC market when i am not in front of the screen. Movements are too big %-wise, it's crazy! Smiley

BTW, all hail to Monica.



196. Post 8670653 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




197. Post 8670802 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Message for the bears



198. Post 8671577 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




199. Post 8671693 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Whtwabbit on September 04, 2014, 02:50:34 PM
WTF is this panic buy about Huh


ECB dropped rates

Ergo, dollholocaust



200. Post 8671930 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

It's either falllling or fapppping now, we hang in the balance.

Edit: fappping, definitely fappping



201. Post 8672153 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hd060053 on September 04, 2014, 03:07:59 PM
so the euro disaster wont be over for a long time. Expect more buying pressure mid term!




202. Post 8672288 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




203. Post 8672775 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: DutchTrades on September 04, 2014, 03:36:52 PM
-ECB lowering their interest with 0.05% witch causes panic by Europeans, so they might search for alternatives (Bitcoin, gold etc.)




204. Post 8673133 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




205. Post 8673388 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: adamstgBit on September 04, 2014, 04:25:06 PM
second leg UP, coming soon?

Give it another half of an hour, when east coast americans are busy eating and then baam, surprise  Grin



206. Post 8673524 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Worth to repost this:

Quote from: grappa_barricata on September 04, 2014, 02:00:07 PM
Message for the bears



207. Post 8675688 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

I just realized that the amount of crap on the internet is proportional to the square of users.
So the next internet user will add a fuckload of crap. Oh wait...



208. Post 8676360 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

A bitcoin hacking tentative gone bad:



209. Post 8677814 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




210. Post 8678078 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: mmitech on September 04, 2014, 10:29:52 PM
guys, I am curious about something, I've noticed a huge amount of gambling games (dice games and wheel spining games) the huge amount of these sites suggest that Bitcoiners loves gambling !!?? any of you gamble here ?

I used to play at anonibet, mostly on Soccer games and the NBA... then they introduced a Casino and got a bit over my head with Blackjack. Now i don't play anymore, but it's fun. If you play there, remember that the house always win in the long run.



211. Post 8678833 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: David M on September 04, 2014, 10:54:38 PM
bitjack21: https://bitcointalk.org/index.php?topic=33766.0

I read the thread... well it was instructive... it start like a nice project and end with the sentence: 'FUCK YOU YOU SCAMTASTIC FUCKGrin



212. Post 8679383 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

M? Why an M? I don't like it. M is not good for my health.



213. Post 8679501 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

what a bam bam



214. Post 8679572 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: adamstgBit on September 05, 2014, 01:12:45 AM
everything is going to be alright, dog is leaving for new home tomorrow.

He don't know what I'll leave him on the sofa.



215. Post 8680514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

You can't solve theft, be it cash, sandwiches or bitcoin private keys. Agreed?



216. Post 8685319 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




217. Post 8685437 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

I can't imagine how this researcher seems to not understand cryptography. Or even how a university professor has the balls to talk about cults. And do not let me started on his interpretation of what is an irrefutable proof.



218. Post 8685960 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Also, maybe it is time to restate the obvious.

Bitcoin 'ownership' is the knowledge of the private key. Bitcoins can't be 'stolen', but the private key can. This is a technically unsolvable problem. Not only for bitcoin, but for everything.

To make it clear for kids and professors alike, let's consider a Retinal Scan authentication system.
You can't practically brute force access to it, but of course you can take the eye of another.


A victim of the evils of retinal scan authentication



219. Post 8686294 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 05, 2014, 01:32:58 PM
I'm wondering if that's the only way of seeing the problem.  I agree with the above, but...

...the security of conventional banking applications is not the only security layer for the end users of those applications.
Case in point:
If my bank's ATM or webportal gets hax0rd, I don't lose a cent.  If that happens with my Bitcoin wallet/app, I do.

All of these advantages will seems less significant when the government or bank determine that you can't withdraw from your account for a while, or that a part of them 'is just gone, because russian hackers, muhahaha', or that 40 years worth of world-wide GDP are to being introduced into the economy at once.



220. Post 8686354 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




221. Post 8686408 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 05, 2014, 01:43:20 PM
"Black Helicopters Flown By Lizard People" is an entirely different argument.  We're not talking 'bout that stuff now--just mundane shit like security.
*I, for one, welcome our Reptilian Overlords.

Pffff... it is well known that lizard people don't like flying, and the black helicopters were not black at all, but rgb(6,6,6).



222. Post 8687700 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




223. Post 8688119 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: adamstgBit on September 05, 2014, 03:47:29 PM
484.




224. Post 8688391 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 05, 2014, 04:12:12 PM
Free market is a tautology.  It is not Fairy Godmother.  Free market doesn't magically make good stuff succeed and bad stuff fail.
Unless you believe in the Lizard People, free market is responsible* for every economic system on Earth, including those with central planning, exorbitant taxation and draconian regulations.

TL;DR:  Saying "free market will decide" is saying "whatever will be will be"--NOT interesting.

*If only by failing to prevent.

No, the Fairy Godmother of the Lizard People is expecting that a policy-maker can take the right decision to influence a complex system, when it is impossible even to analyze it let alone anticipate the implications of the changes.

We have yet to experience a 'free market world'.



225. Post 8688876 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):


There is a little lizard inside your skull.



226. Post 8689128 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




227. Post 8689351 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: empowering on September 05, 2014, 05:20:42 PM
A free market is a market where prices of goods and services are free to find their own level (equilibrium) via forces of supply and demand and without intervention from central planning/government in the form of price fixing, bailouts of failing too big to fail parties,interfering with the suppy and demand chain, creating barriers to entry via various mechanisms,  over regulation, etc  yes it does encourage, no demand,  more personal responsibility from individual and companies alike, which in my view is a good thing... if a company has taken the piss, they should pay the price... and if there is criminal liability pay that price which yes would be via a central planning system, but it is different from a free trade trade system, ie break no laws and trade freely, break laws and expect to have your hands clipped together...... stealing and fraud are still stealing and fraud,

However if an individual was foolhardy enough, or unlucky enough to have not done their due dilligence, or to have all of their eggs in one basket, and they get burned, then they will have learned a lesson, and have to pick themselves up and move on... harsh as it sounds, within a generation peoples behaviour would change and adapt and people would be better off... and technology at the moment is offering up a chance to eliminate some of the "trust" issues and so therefore if there are no trust issues, and there is no intervention needed, then a free competition based, market would be able to operate.

I would like to add that a 'free market world' is a world were solutions to problems are allowed to compete and the best and most efficient survive until appropriate, while the ones that were wacky to start with, or became so with time, are allowed to fade out. It is an environment were problem-solving solutions evolve. No man or group of men can determine if a solution is appropriate, mostly because any living being (or complex system for that matter) strive for self-preservation at the cost of others. Hence the need for total global deregulation. A 'free market world' is like a giant computer. If the human system is allowed to perfect itself, unbounded by puny human minds, then we can prosper beyond imagination.



228. Post 8690035 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 05, 2014, 06:23:31 PM
...
I would like to add that a 'free market world' is a world were solutions to problems are allowed to compete and the best and most efficient survive until appropriate, while the ones that were wacky to start with, or became so with time, are allowed to fade out. It is an environment were problem-solving solutions evolve.

Well sure!  And, unless you think that today's economy is the ideal free market, the free market itself was phased out and replaced by not_free_market, because, in your words, "most efficient survive ... while the ones that were wacky to start with, or became so with time, are allowed to fade out."

Why is this not obvious?

Because there is a fundamental market that is not free, and has never be: the 'violence market'.





229. Post 8690833 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 05, 2014, 07:03:49 PM
Nazis.
Oh teh edge...

Now explain to me how free_market allowed the violence_market to come about?  Why did our problem-solving free_market ubermensch allow such a travesty to happen?
Is it what you call "best and most efficient"?
Or... Was it a cruel whim of our Mighty Reptilian Overlords?
Finally, does your free market exist today?  Did it ever exist?  Or is it just talk?

It is technology. Different technologies determined the rhythms of the human system during our history. Perhaps the centralization of violence providers come out of metallurgy. Perhaps the top-down power structure come out as a result of information being disparately available to the system participants.

In the past these structures, we may argue, were the most efficient. But at any moment in time the 'old' do its best to stick around while the 'new' do its best to replace it.

In our times, the 'old' is top-down command and control. The 'new' is planet-wide emergent self-organization.

What I describe as the 'free market world' is maybe centuries ahead, and surely has not existed in the past (except maybe in very small communities). But i'm sure that if/when it manifest, there will be no coming back and the epoch before it will be considered a mere precondition to it.

*Perhaps then we will be able to overthrow our Reptilian Overlords Smiley



230. Post 8691192 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: adamstgBit on September 05, 2014, 07:59:44 PM
480 is being defended by 10,000 spartans commanding 30,000 free greeks!  WOOT! WOOT!

  Cheesy

My only hope now is if all the chinese awake in 4h, eat their baozi and start buying like crazy



231. Post 8692163 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




232. Post 8693028 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: podyx on September 05, 2014, 10:38:09 PM
Triple bottom!!!!



 Kiss Cool




233. Post 8693561 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: Odalv on September 05, 2014, 11:31:52 PM

all of your memes are incredible .. KEEP POSTING

Hey thanks Smiley Much appreciated!



234. Post 8700037 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: troisky on September 06, 2014, 01:15:24 PM
What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.



235. Post 8700145 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hdbuck on September 06, 2014, 01:47:02 PM
What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

The fact that 1 Euro is worth more USD today that was yesterday is good for the Euro, not for the USD.
And your 'sources' are telling you about 'ECB QE in 2015' because they want to keep unloading T-Bonds to the american public.



236. Post 8700326 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hdbuck on September 06, 2014, 01:54:31 PM
[...] It's plain stupid to put in the same monetary basket so many different economies [...]

I think this can assure the world that the Euro will not be USD 2.0, if you know what i mean.

About UK: the Brown Bottom put them in a weak position now, not to mention that they bet everything on (and prospered from) the US scheme. And will bear its fallout.
About East Europe: they are perhaps the piece of land with the most unrealized economic potential on the whole planet.

Come on UK, join us Smiley



237. Post 8700542 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hdbuck on September 06, 2014, 02:10:26 PM
wasnt there a debate about simply leaving the EU recently? Tongue

They would like, but... it aint gonna happen  Cool



238. Post 8700611 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hdbuck on September 06, 2014, 02:23:19 PM
And believe me italians are pissed with this euro.

I'm Italian and i'm not pissed with the Euro. And i'm not lazy either. I like playing pasta and eating mandolinos.



239. Post 8700813 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: oda.krell on September 06, 2014, 02:31:40 PM
Oh, now I get your name.

Italian cuisine is master race cuisine. Italian liquors though are... meh, at best.

There, I said it Cheesy

I partially agree, but i have to work with what i got...  and Grappa Barricata work man, it work great Grin



240. Post 8700986 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: hdbuck on September 06, 2014, 02:32:34 PM
I'm Italian and i'm not pissed with the Euro. And i'm not lazy either. I like playing pasta and eating mandolinos.
sure ^^, i love pasta pizza and mandolinos, the lazy thing is some regular caricature we french have with mediterranean people and their compulsive nap time, sorry, nothing personnal  Lips sealed

Well, this is not 19th century mexico. But no offense taken, i understand it must be hard to think rationally with all that cheese everywhere Shocked (jk, buddy Wink)



241. Post 8701685 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




242. Post 8702256 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: NotLambchop on September 06, 2014, 04:18:54 PM
DOGE with a massive spike today. It finally broke its long term down trend. As stupid as some of you may think the coin is, its a great sign for the entire crypto market as a whole. Let's hope it holds because less liquid alts can show signs of a market wide reversal long before BTC can.

Dumping BTC 2 bi DOGE nao!

The pump seems to have started 3 days ago... maybe it is too late to join dem evil pump-n-dumpers  Undecided.



243. Post 8702542 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: adamstgBit on September 06, 2014, 04:36:16 PM
DOGE with a massive spike today. It finally broke its long term down trend. As stupid as some of you may think the coin is, its a great sign for the entire crypto market as a whole. Let's hope it holds because less liquid alts can show signs of a market wide reversal long before BTC can.

Dumping BTC 2 bi DOGE nao!

The pump seems to have started 3 days ago... maybe it is too late to join dem evil pump-n-dumpers  Undecided.

i could never bring myself to buy into a pump, DOGE is up 100% in about 2 weeks, scary.



If you 'infiltrate the game' before the pump they can be a lot of fun&profit, but then you need to be willing to sit on useless crap for a while.
And the pump may not come at all...
If you join the pump after it started then there is a very good chance of pain.



244. Post 8702938 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: JorgeStolfi on September 06, 2014, 05:05:47 PM
Indeed, there seems to be a fundamental dilemma there.  Satoshi solved the problem of secure trustless e-payments, but there is still no solution for the problem of recovering stolen coins without spoiling that primary goal.

This is unsolvable. Please ponder about the definition of 'stolen' in a system where property is defined by 'knowledge of a key'.
There is no way to mathematically demonstrate that a transaction, for example, was fraudulent. Or that if two people know the same key then one is a rightful owner (whatever that means) and the other is not.



245. Post 8703407 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):




246. Post 8704336 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: JorgeStolfi on September 06, 2014, 06:39:24 PM
Indeed, there seems to be a fundamental dilemma there.  Satoshi solved the problem of secure trustless e-payments, but there is still no solution for the problem of recovering stolen coins without spoiling that primary goal.

This is unsolvable. Please ponder about the definition of 'stolen' in a system where property is defined by 'knowledge of a key'.
There is no way to mathematically demonstrate that a transaction, for example, was fraudulent. Or that if two people know the same key then one is a rightful owner (whatever that means) and the other is not.

Precisely!

One fundamental flaw of  cryptocoins (that supportes consider a feature) is that they are intended to eliminate the notion of "property" for money, and leave only "possession" instead.

[digression about the difference between the concept of 'property' (legal ownership/control?) and 'possession' (de-facto ownership/control?)]

[realization of the central role of governments in permitting/determining ownership/control of 'resources' of their subjects]

[enlightenment about the fact that ownership/control, shared or individual, just exists]

Do we really want to eliminate the concept of "property" with regards to money?
  
(PS. And then there is the misleading use of "possession" instead of "knowledge" when talking about keys; but that is another issue.)

Let me know if i summarized your post incorrectly.

There is not much i can say about your reasoning, in fact you seem to come to a deeper understanding the more you think about this.
Your final question let me guess that you have not been introduced to the concept of strong-property.
And your PS let me guess that you are underestimating the powerful concept that 'knowledge is ownership/control' in bitcoin.

If i may add something is that bitcoin, if else, 'clarified this mess'. Now property (ownership/control) is knowledge of a key.



247. Post 8704730 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Well said everybody. Kinda pleasant, with the Pataphysician and everything.



248. Post 8705144 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

And big sell walls @bitstamp out of fucking nowhere.

Come on, go buy some slippage-free coin.



249. Post 8705254 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.10h):

Quote from: iram3130 on September 06, 2014, 08:39:05 PM
And big sell walls @bitstamp out of fucking nowhere.

Come on, go buy some slippage-free coin.

Lol, there is nothing we called free coin, everything has value.
If Bitcoin was free or will be free then there will be no value and
who get free will sell at what rate they will get.




250. Post 8705722 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: klee on September 06, 2014, 09:19:55 PM
I've noticed a 0.9BTC willy bot at bitstamp. It's there for some days/weeks
It both buys and sells depending on the market

I think that you saw the 'red' in bitcoinwisdom trade history? There is a 'glitch': sometimes market buy orders are red, sometimes market sell orders are green in that list.



251. Post 8705908 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: klee on September 06, 2014, 09:32:26 PM
http://krebsonsecurity.com/2014/09/dread-pirate-sunk-by-leaky-captcha/

Ouch! Smiley

Or, how a Securimage setup destroyed a global drug trafficking business.



252. Post 8706174 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

BTCitcoin is good, mmmmkay.



253. Post 8706898 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: dakota neat on September 06, 2014, 11:07:04 PM
For all those who fundamentally deny a relation between hashrate and price. Check the 60 day charts at blockchain.info and tell me theres no inverted proportionality.

See the charts for at least one year range, and you will see price rising and the hashrate too.

So you can find evidence of both kind of relation(direct and reverse), so I guess the hashrate alone is not a good predictor.

You are right. However in the long run hashrate/difficulty which is an estimate for the basic production cost per BTC (excluding HW, OC) will approach or even show congruency with the price per BTC. At least that is what Satoshi assumed: "The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." Feb. 21, 2010 Satoshi Nakamoto

He meant that hashing power adapt to price: a self-regulating system, where price is an external factor.
But price will not adapt to hashing power, because the system of miners have no way to control it.



254. Post 8706982 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: dakota neat on September 06, 2014, 11:35:53 PM
For all those who fundamentally deny a relation between hashrate and price. Check the 60 day charts at blockchain.info and tell me theres no inverted proportionality.

See the charts for at least one year range, and you will see price rising and the hashrate too.

So you can find evidence of both kind of relation(direct and reverse), so I guess the hashrate alone is not a good predictor.

You are right. However in the long run hashrate/difficulty which is an estimate for the basic production cost per BTC (excluding HW, OC) will approach or even show congruency with the price per BTC. At least that is what Satoshi assumed: "The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." Feb. 21, 2010 Satoshi Nakamoto

He meant that hashing power adapt to price: a self-regulating system, where price is an external factor.
But price will not adapt to hashing power, because the system of miners have no way to control it.

Miner can't control it but miners can act. By shutting inefficent HW.

You are right, the miners system can self-regulate itself in that way, essentially.



255. Post 8707447 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

It is sunday morning in China already... i wonder if it will be another bloody sunday.



256. Post 8708229 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




257. Post 8713368 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




258. Post 8716521 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Just wait for the black swan.



259. Post 8717313 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Think about it... soon the US stock markets will implode, personal capital control will be introduced and, perhaps, yellowstone itself will fart us back in the middle age. If this isn't bullish for bitcoin, then i don'k know what it is.



260. Post 8718199 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




261. Post 8718281 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: hdbuck on September 07, 2014, 07:26:05 PM


Just awesome!  Cheesy



262. Post 8719285 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: iram3130 on September 07, 2014, 08:44:59 PM
I saw in my country that some politician thinking...

Which country? Utopia?  Cheesy



263. Post 8720158 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




264. Post 8720600 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Democracy, exemplified by an assembly of monkeys:

Monkey #1: I want banana
Monkey #2: Banana!
Monkey #3: Banana Banana!
Monkey #4: Throw feces
Monkey #5: Bananaaaaa ah ah
Monkey #6: uh uh Banana

Assembly decision: Monkeys want banana



265. Post 8720921 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ChancellorOnABrink on September 07, 2014, 11:27:52 PM
I was sooo proud when bitcoinity chose this gif for the 1000$ milestone, i made it !

The flag on the moon? That's very nice. Better prepare one for the Oort Cloud just in case Grin



266. Post 8720974 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: JorgeStolfi on September 07, 2014, 11:32:13 PM
Democracy, exemplified by an assembly of monkeys:
Anarchy, exemplified by a set of free independent self-governed monkeys:

ROFL



267. Post 8721184 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ChancellorOnABrink on September 07, 2014, 11:55:19 PM

Hey Chancellor, nice nick. Really.  Wink



268. Post 8726482 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




269. Post 8726925 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

So... someone brought almost the entire Euro ask book at btc-e.



270. Post 8727043 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Dragonkiller on September 08, 2014, 11:53:13 AM
Apple will announce a mobile payments solution tomorrow.

I heard that... it will be like having a credit card in the phone. Not a big deal. Can't be used to pay people-to-people.



271. Post 8727372 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




272. Post 8727645 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: techman on September 08, 2014, 12:45:05 PM

What's the meaning of this graph, I didn't see it before? Bitcoin days destroyed = 0 ? Can you please give more information about this graph, thanks.

From the description at blockchain.info:
Quote
Bitcoin Days Destroyed is a measure of the transaction volume of Bitcoin. If someone has 100 BTC that they received a week ago and they spend it then 700 bitcoin days have been destroyed. If they take those 100BTC and send them to several addresses and then spend them then although the total transaction volume could be arbitrarily large the number of bitcoin days destroyed is still 700

It is a glitch, quite probably. Transactions are flowing as usual.



273. Post 8727782 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Nice and funny video: How to be a Bitcoin Hater



274. Post 8728436 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: falllling on September 08, 2014, 01:44:30 PM
you are right, only bag holders and bull scammers are trying to fool you to buy their bags so they can sell higher and grab your money away
bitcoin itself is going to the final capitulation, lower and lower, cheaper and cheaper

Go tell to the billion of people that work in foreign countries and get raped 30% by corruption-backed big mofo remittance industry. Now tell me how bagholders, people cashing out, scammers and troll, or little bulls and bears are relevant in the long term.



275. Post 8729317 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 08, 2014, 02:52:57 PM
seems like there was way more demand for higher priced coins. weird?

Not at all. Market makers play with traders beliefs all the time.



276. Post 8729590 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: franckuestein on September 08, 2014, 03:05:55 PM
https://www.youtube.com/watch?v=pF7HxLCFMeY
PayPal featuring Bitcoin in his app, "We can spend Bitcoin with a tap"

Take a look to the video, second 9  Cheesy Cheesy

This must be paypal response to the apple thing. It seems quite a commitment.




277. Post 8729883 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Dump3er on September 08, 2014, 03:29:40 PM
TOO MUCH MANIPULATION!

We should suggest our governments to [abominable things] bitcoin in a hard manner, to prevent Sandia's "Ask & Dump" manipulation and all other forms of manipulations.

You can't separate manipulation from non-manipulation. It will require some kind of brain probe. And even then it will make no sense at all.



278. Post 8729977 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ChancellorOnABrink on September 08, 2014, 03:39:05 PM

Like what ?

Code:
Bricks are being shat
Cheesy



279. Post 8730058 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ChancellorOnABrink on September 08, 2014, 03:46:15 PM
They will not move a finger before NY regulation.

Isn't 'NY regulation' just a proposal/guideline?



280. Post 8730097 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 08, 2014, 03:49:23 PM
They will not move a finger before NY regulation.

Isn't 'NY regulation' just a proposal/guideline?

it will become law soon enough.

Eventually.



281. Post 8730186 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




282. Post 8730433 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

The video is a clear message about their strategic decisions. The message is probably not even directed at customers, but at competitors et all. It is 'hive-mind' style. And it is all about bitcoin. Cryptic on purpose. I like it.



283. Post 8730499 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Hurry up! These are not gonna last.  Wink




284. Post 8730765 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ShroomsKit_Disgrace on September 08, 2014, 04:30:34 PM
Hey Fellows! Help me here, I want to remember a famous quote of  Nerraw Tteffub or something similar. It begins with "be fearful when...."
 Grin

Be fearful when Jack Nicholson is running toward you with an axe.



285. Post 8730883 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Sandia on September 08, 2014, 04:39:36 PM
PayPal news breaks, 435 new shorts open in the last hour.  Huh

Margin limit orders were in the ask book, and when the spike happened they were executed, thus borrowing btc and making total shorts higher.



286. Post 8730990 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: zymafluo on September 08, 2014, 04:48:53 PM
Is this fake or real?

https://bitcointalk.org/index.php?topic=774809.msg8730770#msg8730770

It is the automated transcription, that YouTube generate for a video if there are no embedded subtitles. Most of the time these automated transcriptions are very weird (but they are improving with time...).

Edit: Dang! BitChick beated me  Smiley



287. Post 8731319 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

It's coming! Run for your life



288. Post 8731943 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: klee on September 08, 2014, 05:40:28 PM
From now on the show will be really hardcore - kids better go to bed because serious wall raping will follow...

LOL, market p0rn, why not



289. Post 8732980 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




290. Post 8733213 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: esse83 on September 08, 2014, 07:09:08 PM
Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.



291. Post 8733364 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: esse83 on September 08, 2014, 07:22:17 PM
Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.

Yeah, what's the difference from newegg adding it? When I buy something using Braintree bitcoin is sold on coinbase, fiat is then sent to Braintree and then finally Braintree sends this money to the merchant. Sounds revolutionary.

The difference is that if a merchant wish to have his paypal account priced in BTC (just like you can have it in USD or EUR), then not only bitcoin received are not converted, but other currencies received are converted in BTC. This is what i will do if i was them.



292. Post 8734203 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: coins101 on September 08, 2014, 07:55:44 PM
Needs a Chinese translation and some reference to PayPal being like AliPay before price goes above $700
....also needs China to wake up.

Good point... china is still unaware, maybe they don't give a fuck anyway but still...



293. Post 8734396 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: ChancellorOnABrink on September 08, 2014, 08:30:09 PM
Quote
I'm confused.

Maybe this video where you can ear crystal clear bitcoin at least 20 times will fix that

Meh... these is a distinct lack of boobs... these guys don't know how to make successful conferences.



294. Post 8734766 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: kurb3l on September 08, 2014, 08:52:54 PM
Normally i'm a silent reader but the price swings lately - especially today - made me register for an account.
Are we really going to "da moon" because of today's news? I have been holding coins for the last two months so i would sure hope for a bit of an upswing.
Clearly PayPal is a huge payment processor and them using bitcoins is another big advertisement for bitcoin.
I'm just not sure if braintree/paypal will just act as a gateway to coinbase or what their plan is.
My understanding is that people will be abled to use their paypal account for payments in another "foreign currency", the XBT/BTC/COIN.
In that case people won't have to learn how bitcoin works. In my opinion, bitcoin will go further into the background.
PayPal will buy new coins each time someone buys a product and quickly after that the merchant will dump these coins again.
People won't need to buy coins on their own and fear a fluctuating exchange rate.
While i see the huge advantage for the non-techies, i don't think it will have a huge impact on the price.
Please share your views on this, i'm interested in your opinions.

Honestly, the details are still fuzzy. The assumption that they are just going to do something like 'BitPay' is not far-fetched, nor is the one that they add BTC as a new currency. But the more i dig into this the more the former seems more probable. In my opinion, the latter would be the real deal in terms of positive price effect. I guess we'll have to wait and see what happen.



295. Post 8735215 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: molecular on September 08, 2014, 09:27:52 PM
Maybe this video where you can ear crystal clear bitcoin at least 20 times will fix that

What I don't quite understand from the video: does this enable their merchants to accept BTC via the blockchain or just coinbaseBTC from coinbase customers?

I understand it is the latter, listening to the video. Not quite clear.



296. Post 8735514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Sandia on September 08, 2014, 09:43:23 PM
Looking at Bfx only:  it looks like the only thing keeping the price down is the constant increase in shorts.  Shorts have increased by 4k over the past week (currently 10.2k).  It is also 4k coins to 500.  The last 3 dumps came at the same time as sharp increases in shorts.

As I said in an earlier post, there are not 10k coins available to buy on Bfx.  This may get interesting fast, especially if Bfx can decouple from the wall-fest at Bitstamp for a few hours.

If i had the required bananas, i will put a 10k sell offer at 1000000$ and buy all the asks book with a single fat market order. THAT would be epic.

*putting sell order at 999999$...*



297. Post 8735939 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




298. Post 8735998 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Sun is rising in some part of China... lets see how this turns out.




299. Post 8736130 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

I just got info that braintree is only implementing a service like 'BitPay'. They say that "We're focusing on the wallet integration for the first release, but we hope to add extra functionality in subsequent releases."



300. Post 8736324 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Walsoraj on September 08, 2014, 10:57:37 PM
https://bitcointalk.org/index.php?topic=775253.0 Satoshi dox is on Darknet ?

https://bitcointalk.org/index.php?topic=775174.0 satoshin @ gmx.com is compromised


Thanks for the info...

Now bitcoin is a peer to peer butt.  Fucking kids.



301. Post 8736404 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Tzupy on September 08, 2014, 11:14:26 PM
'Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts. These tasks are managed collectively by the network. It’s like a bitcoin, but with butts instead.'

I thought this was fixed once. Why is it still going on?

What, it happened before? Let me guess, earlier this year?



302. Post 8736806 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Relevant:




303. Post 8737051 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: escalicha on September 09, 2014, 12:14:48 AM
https://bitcointalk.org/index.php?topic=775174.0

That's right, old email expired, someone registered it, tried to trick someone but failed, then posted 'joke' here, then vandalized sourceforge page.

Nothing to worry about. Everything is good. Relax. Breathe. Think of something pleasant in your infancy (where else?).



304. Post 8737709 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Dat 1k ask wall at finex...



305. Post 8737809 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 09, 2014, 01:35:39 AM
walls from 480+ moving down...

no good  Undecided



306. Post 8737844 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 09, 2014, 01:45:55 AM
walls from 480+ moving down...

no good  Undecided

where are all the panic sellers?

china



307. Post 8737888 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

those fuckers at paypal, at the end is just another BitPay... much noise about nothing.



308. Post 8737919 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




309. Post 8738009 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

I'm imaging a Chinese trader waking up and reading 'satoshi ...something... hacked' on some poor man traduction and jumping to conclusions.



310. Post 8738108 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




311. Post 8738357 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

News agencies seems very fast in catching the "satoshi" email story: here

Michael, send me some coins before I hitman you  Roll Eyes



312. Post 8744297 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

What is needed is some systemic buyer... not more systemic sellers!

You Maniacs! You blew it up! Ah, damn you! God damn you all to hell!



313. Post 8746520 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

The markets, right now:




314. Post 8746609 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: oda.krell on September 09, 2014, 03:46:33 PM
Kinda. I trade, but I also have a "going down with the ship" position. That's my, let's say, "contribution to the network". I will happily sell the trading position depending on price. The other part is kept offline, not just for safety reasons, but also with the intention of this being a significant financial stake in this experiment even if it eventually turns out it'll fail. So, yeah, guess I'm trying to rationalize here how I'm both motivated by both greed/selfishness and idealism. Not sure if that makes any sense to the outside observer...

It make perfect sense to me  Smiley



315. Post 8746793 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Blitz­ on September 09, 2014, 03:50:36 PM
People are becoming very hateful and quarrelsome around here. It's no wonder though, many have put the highest of expectations into specific events/news the past few months, only to be disappointed again and again as they learn (and repeatedly forget) that news doesn't mean shit in a market ruled by sentiment.

Agreed. But it's not their fault! Fucking brain chemicals, that's them! That's why a successful trader should 'release it' at least twice a day. But not like this.



316. Post 8747553 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Well, news may hint to some future changes in fundamentals (supply & demand).
Example: country declare war -> sea routes expected to be less safe -> imported goods supply became lower, while demand not -> future price increase



317. Post 8747973 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Holliday on September 09, 2014, 05:18:52 PM
The signal to noise ratio on the entire forum seems to slowly erode as time goes on (Bitcoin becomes more popular/increases in value).
There are public sector employees/contractors who get paid to do that to forums.

Do you think this is something that can be fixed (assuming it is something that should be fixed)?

Of course one can't fix it (assuming it is happening). But one can fight it, using the same methods (words).




318. Post 8748085 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Holliday on September 09, 2014, 05:27:17 PM
But one can fight it, using the same methods (words).

I disagree. You can't win an argument with a troll.

If someone is using words to manipulate beliefs, you can do the same (in a positive way).



319. Post 8748245 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Holliday on September 09, 2014, 05:33:45 PM
But one can fight it, using the same methods (words).

I disagree. You can't win an argument with a troll.

If someone is using words to manipulate beliefs, you can do the same (in a positive way).

No, because you probably limit yourself to reason and logic, while they do not.

Your objective, in this case, is not to change their beliefs. But to undo the 'damage' they may do to others that are reading what they write.
Mind you, I'm not suggesting that you should do this. You asked 'how to fix it'. This is a way to 'fix it', if you want.



320. Post 8748561 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

What a ridiculous cheering audience, at Apple presentation.



321. Post 8749157 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

LOL, superimposed on the video stream: APPLE WATCH: TELL YOU THE ACTUAL TIME! A WATCH THAT YOU WEAR ON YOUR WRIST!!



322. Post 8749296 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

dang someone is buying big



323. Post 8749335 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

green dildos everywhere



324. Post 8749448 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: justusranvier on September 09, 2014, 07:06:40 PM
http://cryptome.org/2012/07/gent-forum-spies.htm

Thanks for the link.



325. Post 8749689 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




326. Post 8749989 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: edwardspitz on September 09, 2014, 07:53:52 PM
Also I think there is a bit too much anonymity for large players in the market. Currently there is no way to tell if a player is buying/selling his own coins (using different accounts).

They don't even have to use different accounts... it is possible to execute against your own offers.



327. Post 8750945 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

this market is crazy



328. Post 8751066 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

china is not following... for now



329. Post 8751119 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

You know what i think? This is stop hunting, around the previous top of yesterday. Hence the big ask wall, hence the big market buy order.



330. Post 8751184 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: KFR on September 09, 2014, 09:17:45 PM
You know what i think? This is stop hunting, around the previous top of yesterday. Hence the big ask wall, hence the big market buy order.

Please, do go on. Wink



I may be terribly wrong on this.  Cry



331. Post 8751228 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: thefunkybits on September 09, 2014, 09:23:09 PM
Yes please elaborate...

Do you mean stop hunting shorts?

I mean, hunting for stop orders (in this case: buy stop orders). Usually they tend to be concentrated on previous highs, especially if there are walls nearby.



332. Post 8751376 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: BBmmBB on September 09, 2014, 09:33:58 PM
where is the ipaycoin ANN ~ huge premine i bet! + newbie dev ? lmfao  Cheesy  ~ ipayyyy >> to the moon

iMoney IPO will not cost much, only your soul. muhahaha ~~Apple Inc. CEO



333. Post 8751546 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




334. Post 8752103 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

DAT FUCKING KNIFE OF DEATH at btc-e



335. Post 8752155 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: JayJuanGee on September 09, 2014, 10:37:21 PM


What is that supposed to mean, beyond an attempt to lump all government and/or govt activities into one broad bashing category... You are NOT really saying anything beyond "I hate government,"  which is pretty superficial, if you reflect upon your implied assertion.

There was fighting about purported 'gov shills', mine was an attempt to de-dramatize. But if you like drama... i do not hate nor love anything.



336. Post 8754147 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Volume at BFX is pretty low on this one. Better wait before getting too cocky.



337. Post 8754264 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Kupsi on September 10, 2014, 02:28:23 AM
How much in shorts are still up at Bitfinex?

8600BTC
Look here.



338. Post 8754614 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




339. Post 8754769 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Riiiight, lets drop 7 fucking USD, why not



340. Post 8754878 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 10, 2014, 03:52:31 AM

what no one told them iFapHarder is going to be GOOOD

 Grin



341. Post 8760090 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: NotLambchop on September 10, 2014, 12:51:58 PM
...


btw looks like a breakout W = winner dont they say?

Common mistake.  You're seeing the classic Beelzebub formation Cool



Amazing  Cheesy, and diabolical haha.



342. Post 8760759 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Hey guys, this graph try to estimate trading activity at any given moment of the day.
It is based on population and an arbitrary coefficient per-country.
It include both 08:00-18:00 traders as well as more night-oriented ones.
Time is in GMT+0. Maybe is useful for someone. Enjoy!  Wink




343. Post 8760885 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Bitcoinisdone on September 10, 2014, 01:48:55 PM
More shorts just opened  Grin Grin

Why doesn't bitcoin even go above 500$$??

You bulls have zero money? Just talking on some forum living in your moms basement with 100$?

Why don't you guys buy bitcorns?

You, Sir, are an asshole.



344. Post 8760995 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Bitcoinisdone on September 10, 2014, 01:57:31 PM



345. Post 8761602 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Another encouraging news: IBM Sees Role for Block Chain in Internet of Things .



346. Post 8761684 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 10, 2014, 02:51:57 PM
like i said, Huobi needs time to consolidate, there's a big battle to be had for 3,000.

Bitstamp and Bitfinex both proved their power by buying out similar sized walls easily and in big chunks. The reason i hate that we follow China is they don't seem to have the power to buy as big. They do have bigger volume but there's rarely ever a buy over 200btc, it's just thousands of small trades over and over because of the 0 fees. That's why it's so frustrating to see us follow them, when clearly we have the bigger and more powerful traders.

Just open a 10x leveraged long position on OKCoin, that way you can move with some volume in there  Grin

lol, thats not crazy, nope, not at all.  Cheesy


can i leverage BTC's to go long?

i have no fiats....

YESSSS!!!



347. Post 8761708 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: adamstgBit on September 10, 2014, 02:54:17 PM
like i said, Huobi needs time to consolidate, there's a big battle to be had for 3,000.

Bitstamp and Bitfinex both proved their power by buying out similar sized walls easily and in big chunks. The reason i hate that we follow China is they don't seem to have the power to buy as big. They do have bigger volume but there's rarely ever a buy over 200btc, it's just thousands of small trades over and over because of the 0 fees. That's why it's so frustrating to see us follow them, when clearly we have the bigger and more powerful traders.

Just open a 10x leveraged long position on OKCoin, that way you can move with some volume in there  Grin

lol, thats not crazy, nope, not at all.  Cheesy


can i leverage BTC's to go long?

i have no fiats....

YESSSS!!!

interesting.

And if BTC price rise, your collateral value rise and you can borrow more to buy more...



348. Post 8762034 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):




349. Post 8762176 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Gatekeeper on September 10, 2014, 03:21:42 PM
I actually wish i had the slightest clue how to leverage trade, the pages just look like a foreign language to me, I have looked at Bitfinex a few times. Huobi seems to offer 200% leverage but i think they have very small volumes available. OKCoin doesn't seem to let you do anything until you're verified enough, which means verifying with ID ,so i didn't even get to see their page. Earlier articles say OKCoin were going to do 3x leverage, i didn't see anything about 10x.

I think the best way is to read about it as much as you can (mostly to understand the basic mechanics and the terminology, it is not that complex), then play with it with toy money, like 0.1 BTC. That way, even if you mess up you don't lose much. Bitfinex is quite nice for margin trading.



350. Post 8762422 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: JimboToronto on September 10, 2014, 03:33:34 PM
I clicked to see what you were responding to and it seems to have been deleted.

Then I noticed there were no posts from Faiiiiling, Dump3er, etc.

Have the FUD spammers abandoned us? Maybe they didn't get paid.

They were crushed under the banhammer  Cheesy



351. Post 8762779 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.11h):

Quote from: Scottsdale on September 10, 2014, 03:48:41 PM
Say you do have 1,000 coins to toss around....would you guys recommend bot trading?

With that amount of bananas, you can do market making, or even speculative arbitrage. You need software for these things, but not the 'bot' you find around (you need to develop them yourself). And there is bad-ass competition (very bad guys waiting to rape you).
So maybe you better off sniping some big trade once in a while. That can be a hell of a profit anyway.



352. Post 8766292 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):




353. Post 8767314 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: molecular on September 10, 2014, 09:41:06 PM
damn, another lower high.

we fail to break the downtrend, it seems.


I agree, seems about to crash to me



354. Post 8768190 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

here comes the sell walls



355. Post 8768240 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: uhoh on September 10, 2014, 10:58:10 PM
This just turned up on reddit. Really nice idea.

http://www.coinsight.co

Seems very good. Too bad is all red there now



356. Post 8768275 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

worse thing is that panic is following, and china is about to wake up... RUN FOR THE HILLS!!!!



357. Post 8769226 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 11, 2014, 01:09:13 AM

hey folks, what leverage is actually doable at bitfinex? x5 or x10 or x20.....??

i hear its only 2.5

It is 3.3x, it has changed recently.



358. Post 8776175 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):




359. Post 8776526 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: Moria843 on September 11, 2014, 01:44:41 PM
I make that decision monthly when I get my power bill. I have a watt-hr meter tracking energy used by miners. When I get the bill, I calculate the BTC mined over the same period covered by the bill. I calculate the incoming revenue from amount of BTC mined based on it's current value. From that I subtract the electricity cost to determine the profit or loss (old miners are all paid off and have ROI'd). As long as there is a profit I will continue mining. Current cost to mine for me is about $275/BTC. I will shut down if ratio becomes unprofitable due to low BTC value or too high/BTC energy cost.

Forgive me if i'm wrong, but if difficulty keep rising at these rates, your cost per-BTC will be like 400$ in 30 days, and like 650$ in 60 days (you will be producing less BTC at the same expense).
And you are in a vantage position because your hw has paid itself already, and you have relatively cheap electricity.



360. Post 8777376 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

It is the dollar-zombie-pocalypse, presented to you by the Rest of the World™




361. Post 8779463 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: TsuyokuNaritai on September 11, 2014, 05:42:57 PM
If the Bank of England publication were to kick off a huge investment (huge for bitcoin, a mere punt for London billionaires & financial firms) - I'm guessing brokers would be called they wouldn't just send ĢXXX,XXX,XXX to bitstamp - so what would be the first indicators, how soon and how sharply would it show in the charts?

I think that the bottleneck is the exchanges now. If big money want to flow in, they need other avenues to be developed first. ETFs and the like may be these avenues (that may happen soon), or even the emergence of a global decentralized exchange (i can't see this happening very soon).



362. Post 8781415 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: uhoh on September 11, 2014, 08:07:31 PM
They're going to steal my coins that are on a machine running an open source OS, open source wallet, that doesn't have wifi?

OK, how...

Well, technically it is possible to see what is on the screen from a distance. See Van Eck phreaking.

Besides, only absolutely safe way to store your private keys is a paper wallet, 'scrambled' with a XOR chiper using a long sentence that you never reveal to anybody.



363. Post 8782725 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

I've read a proposition on another thread that some of these 'trolling' accounts may have the objective of influencing data mining software used to produce 'sentiment indicators'. Essentially they may be attempting to input 'garbage in' so that these indicators output 'garbage out'.



364. Post 8790883 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

These new, lower-priced giant walls indicate an immediate future visit in the 450 area. Or not. You can't be sure of anything these days.
LOL at Warren Buffer SO.  Grin



365. Post 8791307 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: Gatekeeper on September 12, 2014, 12:39:27 PM
Something is going to happen soon, Huobi got a 1k+ bid support, which is very unusual to see such walls close up the order book. bitfinex has the 3k+ sell wall, so there's certainly going to be some action soon, question is which direction does it go?


I think those are to trick chinese traders in a false sense of security before they go to sleep... after they close they eyes, surprise!



366. Post 8791588 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Truth being told, the whole US 'media' culture is losing grip with reality in unprecedented ways... the Joe Sixpack with a Cowboy Hat that save the bombing day anyone?



367. Post 8791744 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: minerpumpkin on September 12, 2014, 02:49:46 PM
Haven't we been promised the traders to come back after summer? It's nearly autumn now and I don't see any increase, in fact we're still going down, I suppose... Maybe the real bottom hasn't been reached. We need to meet the long-long-long-term support, I believe.




368. Post 8792425 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: damnek on September 12, 2014, 03:54:59 PM
Interesting, could have some implications for bitcoin adoption by Google:

Rumor: Google Inc To Buy 40% Stake In EBay Inc At $68/Share
http://www.benzinga.com/news/14/09/4846049/rumor-google-inc-to-buy-40-stake-in-ebay-inc-at-68share

DANG! This is their move against the recent apple faggotry... Well played.



369. Post 8792797 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

The future of this project look as bright as the sun.



370. Post 8793568 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: JayJuanGee on September 12, 2014, 05:22:09 PM
Truth being told, the whole US 'media' culture is losing grip with reality in unprecedented ways... the Joe Sixpack with a Cowboy Hat that save the bombing day anyone?


That could be the Sylvester Stalone Rambo image of a true american... he he he... another fantasy..

That is more than a fantasy, it is an engineered mythology that leverage pre-existing symbol associations in the brains of the masses. It appear ridiculous to us because somewhat we have been able to overcome the propaganda bombardment that mold beliefs of the vast majority. But new ways of one-to-many communication are making this propaganda ineffective, with time. Lots of time it seems.



371. Post 8795023 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

To attempt to understand complex systems and predict their evolution, one has to in a very real sense simulate the components and their interactions.
Understanding the mechanics of the human system, then, became a matter of considering the individual elements as 'politico/socio/economical' particles whose interactions are the manifestation of a single, simple rule: self-preservation.



372. Post 8795626 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: JayJuanGee on September 12, 2014, 08:11:33 PM
Who are you to decide what I should or shouldn't be showing?
Of course, this is an English language thread, and therefore you should expect to exchange ideas in English - if you are participating in such a thread.

Like I already said in my earlier post, I was merely responding to some ideas that you already expressed in your earlier post, which seemed to be a blanket suggestion to get rid of government, which maybe it would be a good idea for you to refrain from such controversial topics in the event that you are NOT capable of adequately describing your thoughts. 


I do NOT consider describing thoughts as an intellectual conversation, but instead just basic communications.   On the other hand, since you seem to NOT like to be told or advised what to do, then you can do whatever the fuck you want in regards to whether you attempt to engage yourself in potentially controversial topics.

I doubt that your ideas would be better in dutch than they are in English... surely, you would be able to express yourself more eloquently, but that does NOT take away the fact that your earlier statement was way too broad and made a claim without any attempt at supporting such claim.. which seems to be more of a lack of logic rather than a lack of English language skills.  

In any event, I will just accept that you did NOT really mean what you said in your earlier post, and you and I need NOT further pursue this topic... at least, NOT for now.

BTC to the Moon... CCMF!!!

What is your point, exactly? None at all.
I think I'm starting to get you. For the last month I through you were a passive-aggressive asshole. Only now I realize my mistake! You are the grand diva of drama-queen country. All hail to the grand diva! Let her reign be long and prosperous, lets celebrate her glorious daily menstruation.



373. Post 8796017 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: molecular on September 12, 2014, 08:59:04 PM
am I seeing correctly a 3,500 BTC ask wall on bitfinex?


Yes, i'm afraid.



374. Post 8806906 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: derpinheimer on September 13, 2014, 06:01:39 PM
Price on stamp poised. Ask walls melted upwards.

What does "melted upwards" mean?

It mean that people buy in a short time-frame fearing to miss a major upward movement. Then when the movement fail to manifest the trend 'get fluffy' and the price retrace to previous levels or lower.



375. Post 8808484 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):




376. Post 8809350 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):




377. Post 8809439 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: Schickeria on September 13, 2014, 10:23:47 PM
Resuming our conversation about one does not simple buy the whole book.



well now that is a stub quote  Cheesy



378. Post 8809642 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 13, 2014, 10:39:27 PM
holy moly shorts are DOWN nearly 50%

i guess the wall coming down was shorts covering.

Ya must be that. The time coincide, the amount too.



379. Post 8809688 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 13, 2014, 10:57:01 PM
holy moly shorts are DOWN nearly 50%

i guess the wall coming down was shorts covering.

Ya must be that, the time coincide.

i guess that means we won't get to see 10K in shorts squeezed into forced liquidation buying up the hole order book and beyond, but, given the rough patch we have been experiencing, it makes sense shorts wouldn't have a very hard time covering.

Indeed, those shorts may have been useful as fuel. Too bad.
Even if it there is a positive black swan about to happen, i'm starting to think that we are headed down in the immediate term. Gut-feeling.



380. Post 8809776 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 13, 2014, 11:05:40 PM
holy moly shorts are DOWN nearly 50%

i guess the wall coming down was shorts covering.

Ya must be that, the time coincide.

i guess that means we won't get to see 10K in shorts squeezed into forced liquidation buying up the hole order book and beyond, but, given the rough patch we have been experiencing, it makes sense shorts wouldn't have a very hard time covering.

Indeed, those shorts may have been useful as fuel. Too bad.
Even if it there is a positive black swan about to happen, i'm starting to think that we are headed down in the immediate term. Gut-feeling.

no way.

why do you think this?

ETF is days away now, i can feeeel it.

Because i through that those walls were brought by the same individual that placed them (a form of 'manipulation'), but if those shorts have been closed this mean that buyer and seller where different individuals.
Now, if you had the power to place a 3k+ sell wall (and at 475$ !!!), and place it, then you know that price is gonna be lower in a little while.
Knowing in this sentence being equivalent to 'make it happen yourself'. (eg: an insider is equivalent to a 'manipulator', in the academic sense trading is information).
I hope it is clear, i'm kind of high  Cool

I agree about ETF.



381. Post 8809981 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 13, 2014, 11:18:00 PM
I hear ya.
but!
say the shorts that covered was the manipulator ( same manipulator that has been driving down prices, trying to force capitulation ) he just changed teams... and he's a hell of a player.
put that in your pipe and smoke it!

LOL
That too is possible. In my opinion is less likely because these kind of godzilla traders usually don't use margin. I can imagine they even manipulate the money-market (the swaps...). For example, remember how USD swap rates increased at the end of may? Sure people were going long, but the rate was sustained by big fat multi-million dollar swap bids... from august on instead the situation is the exact contrary, including big fat USD swap asks. Oh god, this is so fucking complex. aaaaah

EDIT: Watch this, it is fun



382. Post 8810144 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 13, 2014, 11:52:21 PM
gr8, now we can wank and bitcoin at the same fucking time!

Oh yes, she know how to explain things.




383. Post 8810303 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

At least the song at the end was cool.



384. Post 8810447 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: JayJuanGee on September 14, 2014, 12:29:30 AM
GB: YOU ARE SO FUCKING SPECULATING!!!!!!
Angry Angry Angry    Shocked Shocked Shocked      Cheesy Cheesy Cheesy       
ya, my mind wander too far in the meta-realms sometimes...



385. Post 8810656 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: adamstgBit on September 14, 2014, 12:54:43 AM
Welcome to the Wall Observer's thread.


Thanks, dafaq is this  Cheesy



386. Post 8818860 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Code:
struct HODL {};

ostream& operator << (ostream& out, HODL& hodl)
{
  out << hodl << " On for Dear Life";
  return out;
}

int main() { cout << HODL() << endl; return '♥'; }

Don't run this or your computer will explode!!!  Smiley



387. Post 8820661 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Ready to blowout that DOGE shit? The splash will be epic.




388. Post 8821788 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):




389. Post 8822107 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: derpinheimer on September 14, 2014, 10:47:49 PM

What market though?

DOGE/BTC, here



390. Post 8824614 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: creekbore on September 15, 2014, 04:49:48 AM
Interesting article:

http://www.coindesk.com/bitcoin-mining-can-longer-ignore-moores-law/

So, if more miners pull the plug, will a supply-side shortage please you?

Bitcoins mined stay constant, irregardless of network hashing power.



391. Post 8824930 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: souspeed on September 15, 2014, 05:32:08 AM
Interesting article:

http://www.coindesk.com/bitcoin-mining-can-longer-ignore-moores-law/

So, if more miners pull the plug, will a supply-side shortage please you?

Bitcoins mined stay constant, irregardless of network hashing power.

Well it decreases for a short while, until the difficulty adjusts.
This might take several difficulties....

True, but also the 'unplugging' (lets assume), will be distributed over time.
The rate of bitcoin mined over time has stayed remarkably constant, resisting any hashing power variance:


What a beautiful creature  Cool



392. Post 8825554 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: lyth0s on September 15, 2014, 06:56:48 AM

I don't understand this video?

It was a cheap ass production targeted at kids, 10 years ago. With bitch-slapping inducing singers apparently.
But the link is probably a subtle hint at a possible downward market movement.



393. Post 8831910 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

So... weekend is over, bitfinex offer 3 months mining contracts that you can short, litecoin has taken a dump, Silk Road 2.0 is under attack.



394. Post 8832635 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: klee on September 15, 2014, 05:16:26 PM
So... weekend is over, bitfinex offer 3 months mining contracts that you can short, litecoin has taken a dump, Silk Road 2.0 is under attack.
1) what these contracts mean for BTC price?
2) SR2 under attack? what happened? deja vu?

I think it is irrelevant for bitcoin price. This new market is very new, and those can be profitable due to confusion. It is also worth noting that the price is not bad for a mining contract, and that there is no way to short right now because there are almost no swaps yet offered. If you want to check the trades happening you can use a JSON parsing browser plugin and use this url to get them. I use JsonView for Chrome.

As for silk road deja vu... lets hope man  Wink



395. Post 8833270 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Quote from: spooderman on September 15, 2014, 06:44:04 PM
grappa, what's up with SR2?

They have been DDoS-ed pretty bad and suspended activity as precaution.
See here for an article about this.



396. Post 8834188 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.12h):

Interlude:




397. Post 8836010 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):




398. Post 8837109 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Quote from: adamstgBit on September 15, 2014, 11:59:27 PM
469 . time to panic!   Shocked Shocked Shocked




399. Post 8837189 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

If we break 2900 in china we will go down hard and fast. There is an evil sell wall at BTCChina. LTC is falling like a rock. Pain inbound.



400. Post 8838229 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Bounce has been suppressed. Get ready for round 2.




401. Post 8847040 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Please remember that there is a black swan incoming. People will attempt to escape fast-inflating monies and capital control. Gold is nowhere to be found. Bitcoin has a chance of getting some of them, if that happen.



402. Post 8851884 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):




403. Post 8853472 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Quote from: Walsoraj on September 17, 2014, 02:09:31 AM
Bitcoin tanking while XRP train leaving the station. Get on before it's too late. This gonna be HUGE.

1 XRP is fundamentally worth like how much you will pay a monkey to solve a captcha.
Now, a monkey can run on 4 bananas per day. A proper trained monkey can solve a captcha every 5 seconds. In a supermarket 4 good bananas goes out for 2$.
This lead us to the following equation: 1 XRP = 2$ / (24 * 60 * 60 / 5) = 0.00015$





404. Post 8854471 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

chinese exchanges are trying to rebound

EDIT: and some big sell wall at bitstamp!!!



405. Post 8854519 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Quote from: holzer on September 17, 2014, 04:42:01 AM


EDIT: and some big sell wall at bitstamp?  Huh

Was on bitcoinwisdom and saw that 2K wall just show up out of nowhere..... never ends it seems

This is not good. We are probably going to retest 450$




406. Post 8854595 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

It is worth nothing that this is the perfect hour of the day for 'surprises': europe is awakening now, us is going to sleep now



407. Post 8854791 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):




408. Post 8855424 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

We will 'explore' sub-450$ terra incognita soon, and perhaps stay there for some days or more... Giant green dildos will have to wait I'm afraid.



409. Post 8864336 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

If some kind of big sell wall appear now at this level we are gonna see the deeps of hell.



410. Post 8864545 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Huobi is hitting 2800 resistance. If it hold for a while we may have a lil bounce, if not... run for the hills!!!!  Wink



411. Post 8865925 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

Quote from: anujjain on September 17, 2014, 09:24:51 PM
But why Miner selling on lose, I do not think they are even ROI on mining on this price.

to pay costs and live another day



412. Post 8866277 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

we are bouncing



EDIT: well, maybe not  Undecided



413. Post 8868041 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

china has broken 2800



414. Post 8875546 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.13h):

'Till the bitter end, my friend



415. Post 8878944 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




416. Post 8879122 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

GTFO!



417. Post 8879155 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Don't underestimate the entity of this. There are 20M USD in long positions, some of them from 600$.



418. Post 8879179 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: podyx on September 18, 2014, 07:37:55 PM
Don't underestimate the entity of this. There are 20M USD in long positions, some of them from 600$.

Are you saying the worst is yet to come??

At this point, if we go another 10/20$ down, then hell will break loose.



419. Post 8879687 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: fonzie on September 18, 2014, 08:09:55 PM
USD swap rates on Finex have gone up from 0.04% to 0.25-0-30%!  Shocked

Is this a glitch, or is this real? Highest bid is still around 0.05%

It is because bids were filled on the way down. When they are at margin and got filled they borrowed what available from the USD swap offers.



420. Post 8879827 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: Teppino on September 18, 2014, 08:22:32 PM
Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect

Nah, they will create a new fiat currency.



421. Post 8879949 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




422. Post 8880047 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

We may start calling 09/18/2014 Black Thursday



423. Post 8880622 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

This is very clever stop buy orders hunting, to accumulate more sells.



424. Post 8880935 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

And then, as the day follow the night, big red knights follow green dildos



425. Post 8881118 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Coastal china is awakening now... what they'll do? panic buy? panic sell? back to sleep?



426. Post 8881549 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




427. Post 8882137 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




428. Post 8882398 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

I'm starting to realize that industrial-level miners competition can only drive the price down. If they are rational (eg: no emotion-fueled home miners), then assuming that even one of the big ones sell as fast as they mine, it became the best (only?) strategy for everyone else to sell as fast as they mine. Until their margin is 0, and then beyond, keep going until the margin is negative. Keep going until the hardware is obsolete, until the capital inflow dry, until investors hire hitmen.



429. Post 8883112 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: nrd525 on September 19, 2014, 02:28:56 AM
It's interesting that this bear market hasn't triggered a flash crash on BTC-E or Bitfinex due to forced liquidations.

There is still time for that.



430. Post 8883617 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

cmon bitcoin, surprise me



431. Post 8884319 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

this looks bad



432. Post 8884942 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




433. Post 8885012 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




434. Post 8885193 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




435. Post 8885363 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: chromosoma on September 19, 2014, 08:12:12 AM
What does double bottom mean?

It is a pattern in price graphs, that supposedly indicate a trend reversal.
Check more info here.



436. Post 8885514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

American traders holding bitcoin will wake up with a nasty surprise...



437. Post 8885552 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

btc-e is just going bananas



438. Post 8885609 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Take a look at china...



439. Post 8886540 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: lemonte on September 19, 2014, 10:03:25 AM
I normally break even on my hardware within a few days, so I don't have that to worry about Cheesy

What hardware do you use, bose-einstein condensate optical lattice circuits?



440. Post 8886669 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: ShroomsKit on September 19, 2014, 10:22:56 AM
In previous crashes the ask side would be low for a while. Giving it some room for a bounce back. Not this time.

You are right. This is how one induce capitulation I guess.



441. Post 8887381 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




442. Post 8887835 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

some serious sell walls popping out...



443. Post 8893310 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

on the move, again



444. Post 8893501 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Gentlemen, get ready your reserve pants. Shit is coming.



445. Post 8893834 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: Blitz­ on September 19, 2014, 08:44:08 PM
Hmm so bitfinex has a unique way of performing margin calls. First they add it on the ask side, if nobody buys after a certain time it gets dumped.
Yes, it's very interesting that they're essentially speculating on their own with user funds instead of liquidating @market.

I've also noticed that before a margin call sometimes an opposing order with the exact amount come out, by magic.
This happened to me, when there is not enough liquidity available near the margin call price (perhaps).



446. Post 8894140 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: JayJuanGee on September 19, 2014, 09:10:39 PM
Dat PPC PnD bubble pop.. on its way back to $0.70

https://bitcoinwisdom.com/markets/btce/ppcusd


Some of these alts are truly fucked!!!!  I really cannot see them returning to their November 2013 highs.. .for example PPC was trading in the mid-$7.00s...  .. Sure it is possible that they will again achieve such high pump, but they really seem to be downward trending the whole lot of them.. I am NOT denying some pumping and dumping opportunities b/c surely those pumping and dumping opportunities will continue to persist... for those who may time it right or have some good insider information (which may just mean studying particular coins for particular pump and dump opportunties)

Holy fuck, that was quite a dump. Guess we'll stop seeing posts about PPC performances.



447. Post 8895398 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: Raystonn on September 19, 2014, 11:50:53 PM
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin.  Still a chance we could go a great deal lower until this happens.  After that, I expect the ramp up that began on 10/2/2013.  I'll let you know when the day hits.


OK, I am letting you know.  The event has occurred.  No, it wasn't the Scotland vote.  I expect us to begin slowly ramping up now.


End of USG/FED QE?



448. Post 8896512 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Braintree is building a bigger BitPay.



449. Post 8896692 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




450. Post 8896758 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: lyth0s on September 20, 2014, 02:59:34 AM
Noob question. But on Bitfinex (just started today) it says

Order Count    Bid Price    Amount    Total Amount

Is the "amount" in bitcoins? and whats the difference between amount and total amount?

Amount is in bitcoin, yes. Total amount is the sum of all offers before that one (the book depth up to that price).   Wink



451. Post 8906026 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):




452. Post 8906593 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: phoenix1 on September 20, 2014, 10:40:48 PM
Some crazy arb bot action on BTC-e. Cant quite work out wtf is happening, but there seems to be someone heavy and erratic trading going on in LTC/BTC and LTC/USD spilling over into BTC/USD ...

Interesting. The BTC sells are coordinated with the LTC buy... But the slippage involved mean that this is either an arb bot gone wild or some trader with too much money...



453. Post 8907151 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Holy shit, support




454. Post 8907233 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: vphen on September 21, 2014, 12:12:48 AM
Holy moly support



manipulating......

what does the whale want to tell us?


Let them pump this thing then, little barracudas enjoy



455. Post 8907310 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Squeeze them sub-400 shorts! Pump it sky high! Lets give this tribe a funny night of never-ending green dildos!




456. Post 8907475 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: JayJuanGee on September 21, 2014, 12:51:39 AM
GB: 
For a while, you had seemed to have been on such a bearish streak in your post contents, and in the last few weeks, your post-streak, if there is such a thing, has been noticeably bullish............

Seemingly, funny for me regarding how people like to pump their books around here...

Another style would be to present factual foundations and speculations that are based on such facts and logic.. rather than mere book-talk....

I suppose to each his/her own, and each of us, whether people or bots, have our own style.... and some people have speculated that Shroomie is a bot, given his somewhat consistent style (except for that short deviance he went on when he was trying to get us to dump into the $400s and he apparently bought back in around $500 and has been back to the same old idiot complainer.. thereafter.

Grappa:  I am NOT trying to be a hater... just making an observation regarding some the back and forths that we seem to witness in this thread.

I'm not mindless bullish or bearish. I day-trade. This mean i switch positions multiple times a day possibly. Do not misunderstand me, bitcoin is a nice payment system and i wish him well. When i sense that price may get lower i say so. When i sense that it may get higher i say so. Perhaps i talk my books, but that's because i put my money where my mouth is. Maybe we can talk about facts and logic. Support appearing suddenly is a fact. That it may hint at some kind of upward movement can be logic.



457. Post 8907632 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: JayJuanGee on September 21, 2014, 01:11:15 AM
Ultimately, NO real criticism intended from me...So far I am NOT engaging in much if any trading... so my perspective varies... yet, I suppose that I am talking my book to some extent, also... b/c my strategy is mostly buy and hold and buy and hold and buy and etc etc.. .. but I may sell some every once in a while.. but mostly NOT.....

I will also make various short-term predictions, too.. but sometimes I do NOT necessarily want to share my short-term predictions...    Embarrassed  

So, if I understand, you are hinting at the fact that it is undesired here to talk about walls and price movements. Is that correct? Well, forgive me for posting a fucking pimp egg because i got optimist on short-term price. Please equate me to some of the obvious trollbots, because why not? After all, you do not like to talk about market movement, you like to talk about people.



458. Post 8908206 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

Quote from: JayJuanGee on September 21, 2014, 02:44:57 AM
bla bla 'girls' 'sensitive'

Oh god, here comes

again, with her walls of text with passive-aggressive subtexts.



459. Post 8908808 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.14h):

what faggatronic is this?



460. Post 8909379 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.15h):

Quote from: Sandia on September 21, 2014, 06:22:29 AM
Interest on btc swaps is 10X higher than for USD swaps.   Back up to 9100 shorts.

There are almost no BTC swaps left on bitfinex!!!




461. Post 8909684 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.15h):

At this point, we are going in the 3xx for a while. I see no other way. Too much selling, at margin and otherwise. Support getting destroyed without ceremonies. Trap after trap, whipsaw after whipsaw. And the sunday has just begun. I'm sidelining for a few days, the stress is killing me. May the ancient god Mercury have mercy of us all.


Oh Mercury, protect us from the market trolls



462. Post 8986812 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

I am curious... have bitcointalk.org admins applied the half-ass bash patch?



463. Post 8986999 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




464. Post 8987110 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




465. Post 8987284 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

weekend started already in china... bloody knives will fuckup the price with a thousand cuts



466. Post 8987488 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: adamstgBit on September 27, 2014, 12:56:00 AM

2 things:

1) quantumlink/aol sending out shitloads of CD coasters to every american household

2) netscape

ya but

1) TCP/IP

2) C/C++


In the end, only this matter:

1) tits
2) the vague promise of more tits



467. Post 8987655 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: BitChick on September 27, 2014, 01:16:55 AM
Maybe it is time to pray everyone.  Cheesy  I seriously was praying that if there was anyone purposefully manipulating Bitcoin that they would stop.  Perhaps I should now pray that they just manipulate it the other direction?  I think that will be my prayer now!  

I have a noble cause for wanting the price to go up.  I am leaving for a mission trip in six weeks and we could use some more funds for a few things we want to do (medical camps, gifts for the elderly homes etc. . .)  Although God can provide in ways other than pumping up the Bitcoin price, it would certainly be an easy way to get the much needed funds at this point. Wink



I too have a noble cause... I want a Ferrari and a helicopter, or do you want me to take the bus everyday like now? No way! So, oh Mercury the almighty, indicate me the direction and I will follow it and sacrifice 10 puffy lambs in your blessed name. Amen.



468. Post 8987859 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

God's API calls...

uri: http://god/answer_prayer
method: POST
payload: 'prayer' field, containing a description of the desired outcome

response: 404 service not found



469. Post 8987990 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




470. Post 8988023 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: BlindMayorBitcorn on September 27, 2014, 02:26:11 AM
I'm tired of it moving. Everytime it moves it moves down. Let poor bitcoin rest:)

I think it is on the move already Smiley and up this time



471. Post 8988062 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: BlindMayorBitcorn on September 27, 2014, 02:31:43 AM
I'm tired of it moving. Everytime it moves it moves down. Let poor bitcoin rest:)

I think it is on the move already Smiley and up this time

Against the US dollar? Are you looking at the wrong chart?Tongue

No no it is going up, buy buy buy  Grin i'm serious



472. Post 8988181 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: MrPiggles on September 27, 2014, 02:44:53 AM
why is there talk of final capitulation when the price is the same as when i went to bed, what did i miss

final capitulation? nobody think about it anymore, now a renewed optimism inhabit this place



473. Post 8988333 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




474. Post 8988753 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

I'm halfway on a 36h wake-up schedule, drank half a liter of espresso and fingers warmed and ready. Lets do this.



475. Post 8988844 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: BTCfan1 on September 27, 2014, 04:41:42 AM
how many coins were bought in that "big buy" on 9/23?

Lots, tens of thousands across all exchanges, changed hands in that crazy spike. Most of them at the top. Some at the bottom. So is the life of a trader. Why, what do you have in mind?



476. Post 8989029 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: BTCfan1 on September 27, 2014, 05:12:33 AM
how many coins were bought in that "big buy" on 9/23?

Lots, tens of thousands across all exchanges, changed hands in that crazy spike. Most of them at the top. Some at the bottom. So is the life of a trader. Why, what do you have in mind?


oh i was under the impression it was one large single buy

just trying to get an idea of what a purchase like that does to the price

It has been quite an amusing 'panic buy', fueled by big multi-hundreds market buy orders once every few seconds. One after the other. Shorts were in physical pain.  Longs reached sexual arousal.



477. Post 8989259 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




478. Post 8997055 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):




479. Post 9001190 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.16h):

Quote from: Bagatell on September 28, 2014, 07:49:20 AM
Is there a price from which Bitcoin wouldn't recover?

Theoretically, if the price were to drop so low and so fast that vast majority of the mining industry was forced to shut down in a time frame so short that difficulty cannot retarget (no more blocks mined with current difficulty, 2016th block never reached), then we have a problem from which recovery is very hard and delicate matter.



480. Post 9009340 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):




481. Post 9010804 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Tension is building up...



482. Post 9010871 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Volume is promising  Grin



483. Post 9010942 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

this was a trap!!



484. Post 9012236 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: MAbtc on September 29, 2014, 05:01:51 AM
No one? Try clicking the "order book" button on BFX. What happens?

 Undecided

Nothing strange here, looks like business as usual. I even logout and re-login but still can't reproduce what you and others reported.



485. Post 9012384 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: MAbtc on September 29, 2014, 05:19:06 AM
To recreate the bug, you may have to have BFX open in one tab, then open the order book in a new tab.

You are right, I see another username and his balance flash in the top right panel for a second.



486. Post 9012731 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

We are going down again... be strong



487. Post 9013158 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):




488. Post 9013454 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):




489. Post 9013905 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: creekbore on September 29, 2014, 09:28:51 AM
FUck me...I can't believe we've had an 800BTC green candle

Green candles are bearish now...



490. Post 9014157 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: Wandererfromthenorth on September 29, 2014, 10:00:38 AM
I won't be closing my shorts anytime soon

i'm betting on 350$ in a couple of days, then maybe a crazy 20%+ bounce but maybe not



491. Post 9014214 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: wachtwoord on September 29, 2014, 10:06:56 AM
I won't be closing my shorts anytime soon

i'm betting on 350$ in a couple of days, then maybe a crazy 200%+ bounce but maybe not followed by the real growth spurt

I fixed that post for you  Wink

Cheesy, perhaps - everything is possible in the craziest market ever know to man



492. Post 9014585 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.17h):

Quote from: fonzie on September 29, 2014, 10:43:37 AM
Bitcoin is totally evil as well!




493. Post 9063644 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):


Best month of the year, every year.



494. Post 9064514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):




495. Post 9064830 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):




496. Post 9065061 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):

Quote from: spooderman on October 03, 2014, 11:06:57 AM


So you're saying, it's still a bear market?

This market is a torture device!  Wink





497. Post 9066494 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):

this is a troll market



498. Post 9066598 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):

Quote from: stan.distortion on October 03, 2014, 01:48:49 PM
Looks like the banks are getting yet another bailout, JPM looses 75 million users data, stocks rise 1.3% Wink

Burn them and their damn lies will stop!!!!!!




499. Post 9067343 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):

Quote from: fonzie on October 03, 2014, 03:01:19 PM


LTC however didnīt make a new low(so far).




500. Post 9067638 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):




501. Post 9068203 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):




502. Post 9068991 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):




503. Post 9069142 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.18h):

Quote from: 600watt on October 03, 2014, 05:19:17 PM
Bad taste and lack of social standards.  Tongue

i prefer posts from folks with manners and intelligence.




504. Post 9077170 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex



505. Post 9077198 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: fonzie on October 04, 2014, 10:20:46 AM
6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...



506. Post 9077422 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):




507. Post 9079067 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

china retesting 2100 yuan



508. Post 9079529 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):




509. Post 9081400 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Oh god the traps



510. Post 9081503 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):




511. Post 9082056 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):




512. Post 9087795 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

very big sells on huobi...
2000 is gone on okcoin!



513. Post 9087851 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

holy fuck!



514. Post 9088090 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

PANIC
buy high, sell low



515. Post 9088325 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: Rat_Poison on October 05, 2014, 09:14:11 AM
SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this!

Link or it didn't happen



516. Post 9088417 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: Rat_Poison on October 05, 2014, 09:26:08 AM
SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK

Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this!

Link or it didn't happen

Check block chain. Huge volume of coins being moved.

Maybe, but what is this 'satoshi wallets' bullshit? Pathetic FUD?



517. Post 9088622 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Oh fuck, we are not over yet



518. Post 9089023 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

and the americans still have to panic yet...



519. Post 9090419 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

the situation is tense...



520. Post 9090981 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: Newar on October 05, 2014, 02:33:00 PM
2492 BTC wall at 300 at bitstamp

Something tell me it will get filled in the next hours...



521. Post 9091012 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: ShroomsKit on October 05, 2014, 02:37:58 PM
2492 BTC wall at 300 at bitstamp

Something tell me it will get filled in the next hours...

Nope, we're going up.

I hope for you my friend, i'm ready to buy if we go up but not sooner



522. Post 9091084 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

If 300 resistance level hold it is not that bad for holders... buy a ALFA ROMEO instead of a MASERATI, they are still nice. If it do not hold, however, you have to content yourself with a PANDA... and that is an ugly dead trap  Grin



523. Post 9091133 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

haha, at least we got a laugh  Cheesy



524. Post 9091162 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

expected survival time of a 250 BTC bid wall at Huobi once it is touched: 15 seconds



525. Post 9091185 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):


This is how i feel deep inside today:




526. Post 9091252 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):




527. Post 9091343 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.19h):

Quote from: samson on October 05, 2014, 03:20:00 PM

Tim Draper, the current biggest known BTC bagholder? Cheesy
He should slap his son silly for making him lose millions.
OTOH if he waits and buys more close to the bottom, that would be wise.

You're forgetting the Winklevoss guys, apparently they have/had 100k BTC

Yes but their buy-in price was in the 2 digits... poor Draper paid 600+



528. Post 9091976 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.20h):

this is fucking intense



529. Post 9092110 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.20h):

how we deal with 30K huge wall???



530. Post 9101018 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.20h):

What a weekend we have survived, eh? Crazy stuff



531. Post 9138703 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):




532. Post 9139700 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):






533. Post 9141678 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

mother of god!



534. Post 9142390 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Bitcoin is back to business



535. Post 9144285 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

This uptrend is significant and much welcomed in this market. Maybe it will not last, maybe it can't even break 400, but who cares? Enjoy!



536. Post 9144583 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: njcarlos on October 09, 2014, 07:13:20 PM
What's going on with the order book depths on stamp? Lol...

It's an illusion...




537. Post 9144695 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: mah87 on October 09, 2014, 07:20:55 PM
this is a dream, this won't ever happen you better buy XRP

Why everyday somebody want to convince people to buy an anti-spam token?



538. Post 9144727 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: Wolf Rainer on October 09, 2014, 07:25:59 PM
Itīs not!   Grin

LOL!  Cheesy



539. Post 9145492 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: btcisreal on October 09, 2014, 08:30:21 PM
Prediction of what's gonna happen the next 5 hours?

Price will move  Wink



540. Post 9146015 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

best shakeout ever? or weekend started early this week?



541. Post 9146140 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

oh shit 2200 yuan is not gonna hold



542. Post 9146567 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: klee on October 09, 2014, 10:04:34 PM
What a day and week!

Exactly! This is crazy LOL, this is the craziest market ever!



543. Post 9146740 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Quote from: fonzie on October 09, 2014, 10:23:57 PM
Has China been following Stamp the last days? Has anyone observed and compared it closely?

China rules this game... but bitstamp has started some moves in the last week. Both up and down.



544. Post 9167148 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.22h):

Markets getting hot! Oh yeah
http://i.imgur.com/QkcTR.gif [NSFW]



545. Post 9175787 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

Quote from: Wandererfromthenorth on October 12, 2014, 03:52:29 PM
There's not steam left anymore for any little pump. Buying pressure is a big fat 0.

It doesn't matter if shorts at bitfinex are at an all time high if nobody will market buy enough to push it higher to trigger a squeeze.

In a few days you'll see the price waves get smaller and smaller (lower highs) and eventually we'll break (probably downwards).

That one right now is a nice shortable bounce if you ask me.



I don't know... it can turn violent in a moment so this is too risky to short now, 350 seem to be a support area.



546. Post 9176318 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

Bots are tools that one use, better call them software. Big actors use software to interface with the market.



547. Post 9178855 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

BAAAAM



548. Post 9178984 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

bricks shall be shitted by shorters...



549. Post 9179030 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):




550. Post 9179169 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

people that shorted around 350 are already half-way from being margin called... and the chinese traders are still sleeping... this is time to celebrate with a whole bottle of Grappa Barricata  Cheesy



551. Post 9179393 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

Quote from: Wandererfromthenorth on October 12, 2014, 10:56:30 PM
I don't even know what people that baghold leveraged margin positions for too long are thinking...

It is human nature... hoping for a positive outcome against all odds. In this market you either learn to bear losses fast or die.



552. Post 9184396 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):




553. Post 9195836 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.23h):

Quote from: ShroomsKit on October 14, 2014, 10:20:56 AM
Wtf is that guy on bitfinex thinking?  Its going up now better dump my coins

Typical trader logic.

Hey shroom, we broke 400... still not happy? What do you want, everything and right now?



554. Post 9254072 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

FUCK YOU
RIPPLE FANBOYS

Sincerely, GB.



555. Post 9303579 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

oh this fucking market...



556. Post 9303992 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

the volume on this downward movement is significant, kind of affirm that the market is still bearish long-term... like if that huge bid wall at huobi was here to keep the price high while somebody was selling strong



557. Post 9304250 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

if we break into the 350s it is probable we will go down at least to 320-330 in my opinion...



558. Post 9306125 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

biggest troll right here is the market



559. Post 9306573 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):




560. Post 9306634 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.25h):

Spinoza style:
1. Never argue with an idiot
1.1 Everybody's an idiot
1.1.1 Never argue



561. Post 9306937 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Is this the moment when the market seems calm, one goes long then the dump resume with more vigor?



562. Post 9307024 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




563. Post 9307245 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




564. Post 9307630 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




565. Post 9307840 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




566. Post 9307924 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Is this the moment when one surrender and panic sell and a split second later someone buy 2 thousands bitcoin with a market order?



567. Post 9308429 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

my trading is uninspired today... i wonder the reason. too much weed? not enough weed? lets smoke this out and see...



568. Post 9308542 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: adamstgBit on October 23, 2014, 10:41:18 PM
i'm gana... i'm gana take a walk.



later...

Bye, remember: it is only when you lose everything that you find yourself... your poor broken self, that's it



569. Post 9308602 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Carra23 on October 23, 2014, 10:57:17 PM
Sold at 398, bought at 352 at Btc-e. May be going lower now but I was happy with my profits.

Naturally it is going to go down to 300 now that I have bought.

You have been blessed with a very good trade. Do not lament or the god Mercury will take it all back and more!



570. Post 9308668 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Why everybody hate greed? Greed is an extension of survival. Everything alive is greed. If it looks like somebody is not greed, then look better.



571. Post 9308762 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: BrewCrewFan on October 23, 2014, 11:18:28 PM
So let me get this right, you can more or less buy "pretend" bitcoins and short or long them, and they dont even need to exist?

If that is the case, then I am far from happy with this practice, for one, that is what Gox was doing, and second, this is nothing more than what banks are already doing.

Think about it... if you run an exchange then as long as your inflow (deposit) + trading profits are greater than your outflow (withdraws) then you can do the fuck you want with your db.



572. Post 9308939 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Malin Keshar on October 23, 2014, 11:37:57 PM
We all know we are going nowhere but down.

But where will we stop? In the 350's or lower? That is, 300's or below?

This may be the bottom for today (can be, after all...). But in general, today movement signal to me that this is still a bear market, and who know where it is going to stop. Below 300 seemed impossible a month ago, yet we have seen what happened...



How low can you go?



573. Post 9309058 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: jonoiv on October 23, 2014, 11:55:30 PM
bear market ended on Oct 5th and won't be back again until 2016.

That's what i thought too... the recover to 400 was magnificent, but then it got fluffy. Hence my new doubts... Also that huge bid at huobi made me think this was pumped to 400 then hold above 375 for as long as possible, until 16h ago. I hope i'm wrong. Trade-wise i'm waiting the situation to become clearer.



574. Post 9309257 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

china is awake...



575. Post 9324705 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

George Soros is shorting or what?



576. Post 9325381 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




577. Post 9327777 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




578. Post 9328658 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




579. Post 9328849 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: jonoiv on October 25, 2014, 08:06:55 PM
I am telling you sub $330 BTC will never happen again.  If it does I will never post in this thread again.  Huge pumps are incoming in the next few mins / hours. 

By Monday, you'll agree with me. 




580. Post 9330085 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Newbie1022 on October 25, 2014, 10:55:36 PM
Ok, so I am a bear, but what the f--- are these maniac shorters doing? The shorts have been around 13,000 on BFX for several hours, the price has stabilized or gone up slightly, and the price on BFX is $3 below that of BTC-e. For a while I thought there might be a chance for a flash crash on manipulation, but we've stabilized. I can understand being wary to buy in at this point, but to have a short right now is pure f---ing madness. Who the hell wants to be in a line with 13,000 BTCs trying to close out the shorts? That's f---ing nuts.

As i understand it, the absolute amount of money in long and short positions is more a measure of how much an exchange is used, than anything else. Only meaningless thing you can extract from these values is their ratio, as a sort of overall sentiment indicator.



581. Post 9330326 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):




582. Post 9330529 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: catena5260 on October 26, 2014, 12:04:43 AM
Everyone knows the chinese exchanges are suspicious.

Put they wouldn't put that much effort to make the price fall if they don't want make it rise somewhere in the future.

Would they?

Jesse Livermore once said: the only way to sell is on the way down



583. Post 9337137 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Quote from: jonoiv on October 26, 2014, 04:36:48 PM
so like i said 1am UK time we will hit 377 +/-5 Smiley
2 more spikes, and by the time China is eating corn flakes, we'll be close to 377.

but don't hold me to exactly 1am.  might be a few hours late. 

All good and dandy, but to broke your trend one need only to sell 100 BTC at btc-e right now...



584. Post 9339317 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.26h):

Hey, 8ball works great! Smiley




585. Post 9347139 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: razorramon on October 27, 2014, 03:52:12 PM
20k shorts

And BTC swap interest rate is 0.2%+ per-day, against its historical interest of 0.0055%. Everybody is shorting it seems...



586. Post 9347303 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

It is midnight in Beijing... whatever happen i feel pain will be involved.



587. Post 9347455 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: mmitech on October 27, 2014, 04:24:53 PM
I dont understand, I can see longs with the buys appearing but I don't see any huge sells with the kind of these shorts (+20K BTC), I just don't get it.

It is because the books at bitfinex are filled with both bids and asks at margin. So when price moves up, for example, you are going to see active BTC swaps increase.



588. Post 9347718 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Wandererfromthenorth on October 27, 2014, 04:49:16 PM
One thing is for sure, nobody actually shorted those 3k BTC just now that made the quantity of BTC swaps go from 17k to 20k and then back to 17k.

The swap stats are delayed... they are updated every hour as far as i know. That being said, in the last 4 hours there has not be enough volume to justify this (only ~1400BTC exchanged).



589. Post 9347728 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Newbie1022 on October 27, 2014, 04:55:54 PM
One thing is for sure, nobody actually shorted those 3k BTC just now that made the quantity of BTC swaps go from 17k to 20k and then back to 17k.

I have been wondering about this as well. I wonder if this only account for shorts OR also includes swaps reserved for shorting. If the latter, they might be accumulating swaps (ammo) to do a big market sell-off in one or a few furious blows.

That's what I wonder. I really don't know. Does anybody else. If I knew I would have entered a position one way or another by now.

They say 'sum of active swaps'. I think this include only swaps actually used in a position, and not the reserved ones.



590. Post 9348101 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Wandererfromthenorth on October 27, 2014, 05:30:40 PM
No it's just the reserved ones, we technically don't know how much of those are used in positions.
Maybe you are right...



591. Post 9368655 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

why, oh why did i close my short yesterday?



592. Post 9368878 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: janos666 on October 29, 2014, 01:27:52 PM
why, oh why did i close my short yesterday?

Because the interest rate started to get ridiculously high for a boring market.
I kept mine open though. But I will move the stop price lower soon (once 340$ will start to feel as a "never to be seen again anytime soon" point).

Ah right... worse thing is that i knew this was going to happen, but then sometimes you just have to sleep without a position open to avoid becoming a madman Smiley



593. Post 9369513 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Somebody brought 3k BTC at Okcoin...

EDIT: and another 3k brought...



594. Post 9370113 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

less than 2 hours to the FOMC announcement... what kind of effect will it have on btc/usd price?



595. Post 9372019 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

10
    minutes



596. Post 9372136 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

It is official now: QE3 ended.



597. Post 9372658 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Why you guys think they stopped QE3? Because the real economy is improving? Don't be ridiculous. The fact is that they cannot do this any further, so brace yourself US citizen. Watch the stocks market this week for an anticipation of the doom magnitude.



598. Post 9373030 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Where are the green dildos of yore?




599. Post 9373747 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: JustGuess on October 29, 2014, 08:13:40 PM

Two questions:
- what is this thing, and
- how do we stop it from reproducing



600. Post 9375910 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Newbie1022 on October 30, 2014, 12:11:56 AM
Jokes aside, we cracking $330 on this thing? Or are we more or less at a local bottom?

Maybe this is the bottom... for today. Maybe.



601. Post 9376165 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):

I'm following a new trading method lately...




602. Post 9376282 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.27h):




603. Post 9384702 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

6k bid wall at bitfinex  Shocked

EDIT: and moar, holy shit




604. Post 9384757 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




605. Post 9384899 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: spooderman on October 30, 2014, 06:06:24 PM
I don't understand this market.

You are in good company.



606. Post 9386008 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




607. Post 9386514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: stan.distortion on October 30, 2014, 08:11:44 PM
Noobish question on bitfinex, when you perform a swap is the transaction performed automatically or does a btc swap give you coins to trade on the market?

When an order placed 'at margin' is executed, swaps are obtained from the available ones (if you don't reserve them first).



608. Post 9386569 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: stan.distortion on October 30, 2014, 08:34:37 PM
Noobish question on bitfinex, when you perform a swap is the transaction performed automatically or does a btc swap give you coins to trade on the market?

When an order placed 'at margin' is executed, swaps are obtained from the available ones (if you don't reserve them first).
Now I'm more confused than when I asked Smiley I'll read up on the terms though, thanks Smiley

LOL, sorry probably my fault. Think of the swaps as an additional market, with its own book. When you receive a 'swap', you are effectively borrowing USD or BTC from somebody else, and using them immediately (to buy BTC in case of USD swaps, to sell BTC in case of BTC swaps).



609. Post 9386765 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




610. Post 9387380 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

ehm... we got a bit of a situation here



611. Post 9387774 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: MICRO on October 30, 2014, 10:41:00 PM
Oh , decisions, decisions...

I have 1.5btc, i need 500€ on 2nd November .

So , sell now for 410€ish ,and pray to find the rest or wait 3 days and hope to have full amount Cheesy

Fuck my life Cheesy .

Trade your way to glory! Full leveraged, always all-in, buy the dips and sell the rips.



612. Post 9403649 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Please keep waiting for magical ponies to make you monies.



613. Post 9404103 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: NotLambchop on November 01, 2014, 02:44:01 PM
Up ~$10 from today's low on stamp.  
Trend reversal Cool

Aw you're such a sweetie... Grin



Eat me.


LOL



614. Post 9404424 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




615. Post 9404660 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: janos666 on November 01, 2014, 03:50:44 PM
Incoming dump? Shocked

Dump is the past, present and future.



616. Post 9404787 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: janos666 on November 01, 2014, 03:55:41 PM
Incoming dump? Shocked

Dump is the past, present and future.

It just feels a little bit too soon for another 5-10$ drop, so I wonder if I am looking at a trap right here or it's real and Bitcoin's price decline entered the exponential phase.

I don't know man, maybe 315 was the bottom for today. Maybe. Now it is midnight in china, time for surprises. Be cautious.



617. Post 9404873 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




618. Post 9405241 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




619. Post 9405302 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




620. Post 9405472 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):




621. Post 9405520 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Fatman3001 on November 01, 2014, 05:26:02 PM
Can anyone give me a likely scenario that would send the price up, or at least stabilize it so that XBT could work as a currency?

Remittance doesnīt make sense because you are likely to loose less by using Western Union or bank transfer.

Paypal using XBT sent the price down!?!
Argentina and Ukraine using XBT sent the price down!?!
Just about every piece of good news in 2014 has sent the price down. What can change that?

The mother of all pumps can change that, nothing less.



622. Post 9405567 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Fatman3001 on November 01, 2014, 05:32:13 PM
***

The mother of all pumps can change that, nothing less.

But a pump has to come for somewhere, or are we waiting for the Messiah of the "More money than brains club"?

Messiah? When/if the big market makers decide for a long-term pump we'll get one.



623. Post 9405730 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Fatman3001 on November 01, 2014, 05:44:46 PM
But why would they decide to spend money on a long-term pump when they have the shorting bonanza of legends right now for free?

On the other hand, with all the VC money flowing into bitcoin why donīt any of these entrepreneurs do anything to stabilize the price of bitcoin? They sort of depend on bitcoin being an attractive proposition.

Just look at the pump from 300- to 400+, why they did that? Profit. You may think they are net buying during a pump but that is seldom the case. Regarding venture capitalists, most of them are rich kids that will lose all the money their dad has hard-earned during a lifetime. Some of them get lucky, once in a while, but that is all. Do not count on them stabilizing the price.



624. Post 9405870 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Can you guys stop this? It is getting fucking pathetic.



625. Post 9405920 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Fatman3001 on November 01, 2014, 06:10:15 PM
And now we are back to ≈$300 and peering into the abyss. What could result in bitcoin not plummeting every time it climbs a bit? I understand speculators manipulate the market quite fiercely, but a pump without some new influence on the fundamentals would have to be a bubble, even if itīs from $10 to $100. What would make anyone here honestly believe we where heading up?

People have a very limited 'memory'. If we head up for a week, many people will start buying, effectively believing we'll go up forever.
As a trader you are not interested in the price, only in the price differences. No asset is too costly to buy, nor too cheap to sell.



626. Post 9405976 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: S3052 on November 01, 2014, 06:18:58 PM
There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.

Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets.



627. Post 9406186 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: S3052 on November 01, 2014, 06:34:40 PM
yes there are efforts for manipulation all the time.
but their impact mid and long term is negligible

Well... perhaps. But I live and die in the short term, so my profitability is determined by how well I spot the game. Ergo, my job has become to understand day-to-day market dynamics, including 'the market makers' behavior. I know nothing about trading in longer time-frames, life's too short Smiley



628. Post 9406396 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: fonsie on November 01, 2014, 07:20:32 PM
Since I already lost 2 million dollars, I think I'm going to ride this one out. But don't worry, I should be safe because I only invested about 0.5% of my wealth.

May I ask then, if you are that wealthy, why are you bothering with a cheap-ass referral link in your signature?



629. Post 9406475 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: fonsie on November 01, 2014, 07:31:58 PM
Since I already lost 2 million dollars, I think I'm going to ride this one out. But don't worry, I should be safe because I only invested about 0.5% of my wealth.

May I ask then, if you are that wealthy, why are you bothering with a cheap-ass referral link in your signature?

So that people can find a reliable solution for securing their bitcoins, with the affiliate link I can monitor the amount of sales that are being done...

Ah right. Is that you, Bruce Wayne?  Cheesy



630. Post 9406675 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: JorgeStolfi on November 01, 2014, 07:37:17 PM
analysis of bubbles

Hi Jorge. Nice analysis. I was thinking about the May/June rally and its demise... look at the 'phases' (always few very big market buys) and the price levels (especially on the way down). What i think is that many people were expecting a new bubble to start before August and some big player gave them the illusion of that, trapping lots of money above 600$.



631. Post 9406739 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: JorgeStolfi on November 01, 2014, 07:54:18 PM
I don't see how one can make money with a pure pump-and-dump strategy (buying to increase the price, then selling at the higher price).  Sounds like those old perpetual-motion machines where falling weights are supposed to pull other weights up.  A successful pump-and-dump must include substantial misleading marketing as well.

You must be more subtle when trying to understand psy-ops. For example, consider if most of the book is filled with the pump-n-dumper offers.
Also, marketing is not strictly required. It is a bonus. It can be used to optimize the process, but the process doesn't require marketing per se.



632. Post 9406865 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: NotLambchop on November 01, 2014, 08:22:15 PM
After gravity collapses, what do you expect people to be using to stay on the ground?

Are you thinking what i'm thinking?

tip: plug, tail



633. Post 9406972 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Micky25 on November 01, 2014, 08:38:35 PM
a buttplug? Scary..



LOL, at first i thought it was a very good photoshop, but no. Holy shit, nope, it's real!



634. Post 9407096 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

There is a time to buy, a time to sell, a time to scalp and a time to stay the fuck out of the market. See you monday, gents.



635. Post 9416127 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.28h):

if it break 300 we'll not come back up that fast this time



636. Post 9435383 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

something fishy is about to happen... i can feel it deep in the bones...



637. Post 9435712 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):




638. Post 9436097 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: esse83 on November 04, 2014, 03:55:48 PM
BTCChina at 1957..

edit: seems like some miniwhale is using the illiquid markets of btcchina to force the other chinese exchanges down..

Miniwhale? Looks like Godzilla to me



639. Post 9436230 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

OK, many people don't understand what is going on... so here it is, the picture that explain it all, as clearly as possible




640. Post 9436298 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: colour on November 04, 2014, 04:40:53 PM
I think that wall on btcchina just got refilled after being completely bought up? Can anyone confirm? I haven't been following closely enough...

There is lots of HFT going on at BTChina all the time...



641. Post 9436366 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):




642. Post 9436432 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: tarmi on November 04, 2014, 04:45:03 PM
so, when will this bull run officially be relabeled a bull trap?

2h ago  Wink



643. Post 9436451 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 04, 2014, 04:53:41 PM
Wow, I just had a look at the (extremely shallow, much moreso than BTC-E) order book of BTCChina and the "volume" (supposed to be x10 that of BTC-E) that it has. It's clear that almost all of it is fake.

Seems like fonzie is right, someone's trying to induce "arbitrage" and buy at other exchanges.

It is called 'speculative arbitrage', but please do not consider volume 'fake' - if it has consequences to you it ain't fake



644. Post 9436536 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 04, 2014, 05:03:14 PM
Wow, I just had a look at the (extremely shallow, much moreso than BTC-E) order book of BTCChina and the "volume" (supposed to be x10 that of BTC-E) that it has. It's clear that almost all of it is fake.

Seems like fonzie is right, someone's trying to induce "arbitrage" and buy at other exchanges.

It is called 'speculative arbitrage', but please do not consider volume 'fake' - if it has consequences to you it ain't fake
0% fee volume not backed up by the order book is fake volume. Or inflated volume. Whatever term you prefer.

Their book is razor thin but their volume is crazy (0-fee yes, but still real). When you see market orders in the trade history but not in the book it is because those offers in the book lasted for less than a second. What they are doing now is probably this:
- place huge ask at BTChina
- buy every asks that appear under the wall, buy from everybody that panic there
- transfer those coins to other exchanges and dump them
- price became lower overall

What if somebody shows up at BTChina and try to resist this? Simple. Our trading hero has a lot more on reserve, for defensive purposes, and if the need arise he'll show them the muscles.



645. Post 9436615 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 04, 2014, 05:11:42 PM
With 0% fees, you can self-trade (market fill your limit order before others do) and the cost will be 0. If you want to trade with others, the cost will be only the (naturally low) spread. That's why I call it fake.

Can't argue with this, you are right. But same thing (volume inflating) can happen (and do happen) on other exchanges too, you just have to pay some fees (like 0.3%, no big deal considering the usual volatility).



646. Post 9436702 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: yefi on November 04, 2014, 05:25:22 PM
Wow, I just had a look at the (extremely shallow, much moreso than BTC-E) order book of BTCChina and the "volume" (supposed to be x10 that of BTC-E) that it has. It's clear that almost all of it is fake.

Seems like fonzie is right, someone's trying to induce "arbitrage" and buy at other exchanges.

It is called 'speculative arbitrage', but please do not consider volume 'fake' - if it has consequences to you it ain't fake

I'm not sure that it does have consequences. What happens is magic buy and sell orders happen in the spread. These bids and aks never appear on the orderbook, and you'll never actually eat into one, even if it seems you placed your order beforehand. The stuff is indistinguishable from make-believe and that's probably because it is.

No no, orders are placed and consumed within the timeframe it take to bitcoinwisdom to update the book/trade history.



647. Post 9436830 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 04, 2014, 05:37:39 PM
7 days until Bitstamp seizes all BTC belonging to unverified accounts.

Criminals don't have much time left to get fake IDs, spend all their filthy fiat money buying and withdraw BTC.

Wait, are they doing this for real? Bitstamp has already slipped to the point of irrelevance, and now this? They are fucked!



648. Post 9436910 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 04, 2014, 05:44:44 PM
https://www.bitstamp.net/article/final-notice-to-unverified-account-holders/
Quote
Any remaining balances will be subject to immediate seizure by and forfeiture to regulatory authorities.

You could view it as a donation to the UK government, perhaps in particular the GCHQ? Cheesy

Thanks for the link... Gosh this is some fucking travesty LOL



Dear Bitstamp customer:



649. Post 9437304 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):




650. Post 9438859 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

8ball is more zen every day...




651. Post 9439413 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.29h):

seems like volume faded everywhere to nil, another 2 hours of boredom and then i'm sure there will be some big movement... it has to happen something, after all that activity earlier



652. Post 9480496 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: ShroomsKit on November 08, 2014, 05:40:48 PM
I wonder 2 things:

1: Will the traders try to kill Bitcoin for another year?

2: Will Bitcoin survive even another year of this shit. How much longer will there be buyers before everyone gives up? This can't and won't go on forever.

Sometimes i feel the urge to go short only to ruin your day, you know, because i'm an evil trader.



653. Post 9480702 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 06:00:06 PM
Working for a living is so much easier than daytarding.

What about all those little barracudas that do both, just to survive? Do you really consider them retarded, from the highs of your lucky-early-adopter-loaded position?



654. Post 9480884 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

The important thing is to keep lamenting, it is the most rational thing to do. And if that doesn't work out then try to make more noise. That is the way to success.



655. Post 9480946 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 06:30:38 PM
What about all those little barracudas that do both, just to survive? Do you really consider them retarded, from the highs of your lucky-early-adopter-loaded position?
It's not a matter of how many Bitcoins I do or do not have - it's a known fact that day trading (in general, not specific to BItcoin) is a negative sum game.

Anybody who is not cheating is just achieving random returns.

Over long time scales, the lifetime returns of all investors converge to the same average value (except for the ones that manage to cheat).

So, to be clear, day-trading is bad and bounded to failure but month-trading or year-trading ('investing') is all good and dandy. Is that correct?



656. Post 9481078 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 06:36:15 PM
So, to be clear, day-trading is bad and bounded to failure but month-trading or year-trading ('investing') is all good and dandy. Is that correct?
I don't trade.

I emigrated.


Well, lucky that you emigrated when price was a couple of orders of magnitude lower than now. Will you be of the same opinion if you emigrated when it was 1100$, or if you saw your last 6 months of job rewards shrink 20% in a day? I don't think so. But please keep defining others that struggle every day 'retarded'.
So now we have 2 major personalities here: the cocky early adopter that just nailed the universe, life and everything; and the whiny shroomkit whose mission is to 'talk' the price to the desired level.



657. Post 9481217 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 06:52:14 PM
You're making unwarranted assumptions about how many Bitcoins I own.
Anyway, it's a matter of time preference and planning.
If I would have chosen exactly 1 year ago to go all-in Bitcoin, it would have made no difference.
Suppose for the same of argument that it's 2013, my income is not pegged to bitcoin, I get paid in btc, and that I can save 50% of my earnings.
Jump forward today and using bitcoin as my unit of account, what's happened since then equivalent to a 3x pay raise, because the number of bitcoins I'd be adding to my savings now would be triple what I was adding a year ago.

Unless, of course, one use real buying power as a measure of value. Like in the real world.



658. Post 9481393 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 07:10:33 PM
Unless, of course, one use real buying power as a measure of value. Like in the real world.
Your "real world" is a world in which people have been punished for saving by inflation and credit expansion (actually the same thing) to the point at which actions that should be entirely familiar and widely recognized as beneficial are viewed with fear and suspicion.

The fact that living below ones means and accumulating savings to be drawn upon far in the future is considered extreme and unrealistic is a sign of how much the money has been corrupted.

How can I not agree on the effect of inflation on the pre-existing monetary base buying power? It is a fact.
My suggestion is to rework your accounting using 'power to buy bananas' as a measure of your wealth. You'll then notice that it is shrinking, not growing. Bitcoin is a great accounting unit as long as its value grow, amiright?

But do you really understand FIAT money? Because if you do, you also understand that 'saving' those banknotes for the long term makes no sense whatsoever.

Besides, that wasn't my point. My point is: do not call people retarded just because you were in the right place at the right time once and they were not. Life is strange, takes you to places you never considered. Bad places sometimes. Remember: that which fortune has given, she can take away.



659. Post 9481911 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):




660. Post 9482033 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

But the data is not really random, and some of the patterns do indeed repeat with some predictability. Some people trade 'at random', without any clue whatsoever. So what, this doesn't mean anything. If everybody is losing, who's winning?




661. Post 9482203 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 09:01:47 PM
If everybody is losing, who's winning?
The people who earn a cut on every trade, and the people who get out of the ponzi scheme first.

I mean, in a zero-sum game where the majority is losing, somebody has to win.



662. Post 9482318 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 09:12:38 PM
I mean, in a zero-sum game where the majority is losing, somebody has to win. Every day.
Obviously if you only look at a single round of a zero sum game you'll find winners and losers.

The point is that nobody can remain a winner in the long term.

Play enough rounds and eventually your track record will converge to the same as everybody else's.

Mathematically, this must be the case.

No no, i agree and know about statistics. But the possibility of a trade being successful is not a random variable, it is not like throwing a dice. There is asymmetric access to information, and for information i mean both market data and its interpretations. How many market participants know the dynamics of stop hunting? How many are able to spot accumulation by big players, and what are accumulating? How many can take a loss soon, with no emotions, and let a win ride while being as cold as iron? How many dare to throw bids during the worse moments of a panic? How many are willing to go against the masses when they are more irrational than usual? Not many. If you can do any of these things you already have an edge in the game. Those that have an edge win.



663. Post 9482381 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 09:26:08 PM
If you can do any of these things you already have an edge in the game. Those that have an edge win.
That theory is not supported by the evidence.

Study after study shows that everybody who thinks they have an edge eventually, inexorably, loses it.

The edge is an illusion.

Man, don't get lost in semantics. We are not all equals. Many are clueless and useless bags of future composts. Study after study show this.

EDIT:
i didn't mean that you in particular are useless, sorry if it sounded that way - in fact i remember enjoying reading your article



664. Post 9492287 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

beware, this may be the top for a while... too risky going long now imo



665. Post 9500546 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Walsoraj on November 10, 2014, 07:59:00 PM
I'm talking about the announced deadline, "verify by __ or lose your funds." Traders knew that announcement was coming for a year now?

Exactly, plus why verification is required for BTC withdrawal? This is just bitstamp applying violence to their users because it can



666. Post 9500609 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: prophetx on November 10, 2014, 08:08:17 PM
i cannot guess at the intelligence of anonymous individuals and their ability to apply basic logic.
those funds are lost if they cannot provide an ID, and if they get caught with a fake those funds are also lost.... that has been known for 1 year or so.
if not verified, funds are lost. period.  basic logic.  being able to withdraw without ID lasted until end of sept or octo 2013 right before the SR take down....
you really think someone is going to trade on an account they cannot withdraw funds from?  at best they sell it to someone else at a discount and they try to get the funds out and take the risk.

What if you are one of their clients, and then suddenly they tell you that you have N days to provide document X or your funds are lost (that's right, not blocked until you provide the document, just fucking lost). Then they proceed to justify this action with a reference to a blog post of a year ago...



667. Post 9500970 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: prophetx on November 10, 2014, 08:41:21 PM
well let see i actually am one of their clients
and last year i got an email (not blog post) saying i need to verify and after 30 days i would not be able to withdraw btc/dollars without ID...
i didn't.... if i didn't provide an ID my funds would have been lost anyway.... at least that is the thought that entered my mind... i can only speak from actual experience, but i guess in this forum logic does not carry any weight...
so when i logged in about a year ago and tried to take out some btc and was blocked...
hmm.. what to do... what to do...
oh that's right... send them my ID, utility bill, etc.... because i am not running a criminal enterprise...
anyway i am not saying it is right/wrong moral/immoral, what i am pointing out (you may have missed the start of this discussion) is that this is certainly not the impetus for the 10% rally we are seeing for the reason i have outlined above and for other reason.  sure it is likely not fair that they had a no ID policy and then changed their tune, but people did have 30 days to take out their BTC last year.  if i had not been lazy i could have taken my btc off  bitstamp without ID just like anyone else.
as a side note it is fun seeing the people who post on here and clearly lack the ability to think logically, it is no wonder some of us can realize way above average returns in our crypto portfolios.
I see, sorry didn't know the details (i'm not their client).



668. Post 9500981 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):




669. Post 9501216 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: ShroomsKit on November 10, 2014, 09:14:33 PM
Let's hope so because the traders and dumpers will try everything they can to take us down.
They won't sleep well unless they know we're going down. It's as if it's their life mission.
There is no way they will accept that their coins become worth more.

Behold! Your natural predator:  Cheesy



670. Post 9501694 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):




671. Post 9501865 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

price is 366.6, so i'm sacrificing a lamb to mercury and opening a position here



672. Post 9502089 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):




673. Post 9502468 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: LFC_Bitcoin on November 10, 2014, 11:24:48 PM
Yawn.

Wake me up when we hit 600-700 dollars per BTC.
I'd have to have a stash of 1000 BTC to get excited over a 50 dollar rise.

So anything shorter than 50 grands in a week is not worth your attention... how do you sleep at night? on a mattress filled with dollar bills with 2 ebony slaves singing sweet songs in your ears?



674. Post 9505675 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

You should spend money on some brasillian ass




675. Post 9506374 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Globb0 on November 11, 2014, 09:23:56 AM

http://www.zerohedge.com/news/2014-11-10/ukraine-central-bank-bans-bitcoin-protect-citizens-financing-terrorism

Interesting, this is what banks can do I suppose. Try to cut it off at entry exit points.

Im interested in how collapsing currency could hope to convert over to bitcoin, or another crypto? wouldnt it need someone else prepared to sell them the coins in exchange for their increasingly worthless fiat?


A very good point. Between this factor and the inevitable capital control, in a situation like this, the average citizen has no way to escape into bitcoin (or even gold...). They got us by the balls.



676. Post 9507950 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

Quote from: manfred on November 11, 2014, 12:00:46 PM
Reason for internet trolls is found
Cure to follow shortly.

This guy developed a cure!



It is sufficient to remove the head, and the troll's body follow



677. Post 9521232 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.30h):

question is: can we break 420? because that would be spectacular



678. Post 9522335 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

this is wild



679. Post 9522543 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Newbie1022 on November 12, 2014, 06:27:26 PM
Yea, this s--- has gotten more than a little bit cartoonish at this point. Even the fiercest of hodlers wasn't saying... oh, we'll be at $450 today. Whoever just happened to have coins, good on you. But, this s--- is cartoonish.

I agree, this is madness



680. Post 9523078 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

To put things in perspective:




681. Post 9523751 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Blitz­ on November 12, 2014, 08:06:08 PM
Can anyone tell me a reason why Bitcoin shouldn't be worth more than WhatsApp?

bitcoin : whatsapp = bananas : unicorns



682. Post 9524317 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

possible price range by the end of the week: anything from 300$ to 500$ FFS



683. Post 9524567 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

It suffice that a titanic green dildo suddenly appear and everybody goes crazy. I welcome the almighty green dildo with no fear (ahem...). Hail to the market fluffers. A hell of a job today.



684. Post 9524745 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

we have to wait for china human traders to awake and see the reaction...

it will be something like:
dafuq?



685. Post 9525114 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: marcus_of_augustus on November 12, 2014, 10:16:52 PM
kardashian's bum [...]

slap it, slap it with two full hands



686. Post 9525613 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Wandererfromthenorth on November 12, 2014, 10:58:22 PM
Oh cmon now, we touched the crucial resistance at $450-$460 on Okcoin, a correction to this RIDICULOUS parabolic move is to be expected.

A retracement to $410 or $400 before the next leg up is very possible and would be healthy.

You are right, but we already had a particularly strong shakeout earlier, so maybe we'll not have a proper retracement for today.



687. Post 9526055 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

mother of god!



688. Post 9526165 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

there is a new pumper in town



689. Post 9526182 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: ShroomsKit on November 13, 2014, 12:15:46 AM
And all the dumpers panic buying back in with a loss. I can watch this shit forever.

I guess today you are at least moderately happy with the situation



690. Post 9526245 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: lay785 on November 13, 2014, 12:21:48 AM
OkCoin @ 2800
Huobi @ 2700

Da fak?

arbitrage not happening??

fiat accounts dried out, too much volume, situation fricking awesome



691. Post 9528007 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

this is some serious trading bonanza



692. Post 9534235 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

This is just a retracement, big magnitude because the rise was huge, don't be vain and don't be whiny or else I might have to get medieval on your heinie.



693. Post 9535014 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

pump mode on



694. Post 9535574 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

this will go up fast in the next few hours, imo...



695. Post 9535986 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: dreamspark on November 13, 2014, 08:55:55 PM

Very weird move with China still taking off. Most likely an accumulation wall

It's an hammer (not in the candlestick sense). Take advantage and buy under it, now it is the time to go long with no much thinking.



696. Post 9536095 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: dreamspark on November 13, 2014, 09:01:40 PM
I'd hold off the long... Now is not a time to trade

Cmon... throw in some bids, it'll be fun Grin



697. Post 9536213 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

I wonder how magnificent was the pump to 1000$+ last november... it must have been something, too bad i wasn't around at the time.



698. Post 9536505 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Thanks for the replies guys... maybe these crazy days are just the start of the next mega-pump. I bet it was normal to have 80$ movements every day back then, and perhaps it will become the norm again  Grin



699. Post 9536960 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: wmr42393 on November 13, 2014, 10:45:00 PM
anyone else feel like another dump is coming?

the opposite of that

here comes the big fat market buys



700. Post 9537116 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):




701. Post 9538003 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):




702. Post 9539666 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

volume is at historical highs in every exchange



703. Post 9540066 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: wobber on November 14, 2014, 10:05:20 AM
volume is at historical highs in every exchange

Say what?? Historical highs for last 24 hrs maybe.




704. Post 9541428 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

china over 2500 RMB, yeah



705. Post 9541991 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

pumping dumping, pumping dumping, ...



706. Post 9543455 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

Quote from: hd060053 on November 14, 2014, 05:06:04 PM
volume on btcchina in the last days is a joke - its only fake volume, you can see the stupid trades buy 300 sell 300...

Volume on okcoin is "more real" (same on huobi) and it is dominating the market now. All exchanges go where okcoin leads.

Still, for me the reference price is on bitstamp.

On which exchanges are u looking for the "real" price?

I'm starting to ignore bitstamp, i think it's dying. Bitfinex, Huobi & OKCoin are the ones i follow, BTChina too but only to spot some eventual shenanigan there.



707. Post 9543763 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.31h):

@NotLambchop




708. Post 9554679 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.32h):

this doesn't look good to me, we retraced all the way down, what a bam bam



709. Post 9554744 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.32h):

Quote from: Newbie1022 on November 15, 2014, 08:36:33 PM
this doesn't look good to me, we retraced all the way down, what a bam bam

1d chart looks like a nightmare... BUT, the order book is stacked. I'm wondering if we'll level down repeatedly or if we just got as over exuberant about going doing as we did going up.

Any ideas. Frankly, I've got none.


I'm starting to think that this is similar to what happened whit that mini-rally from 390 to 450, than then melted down very fast and lead us to the sub 300 event. Only difference is the time-scale and volume, both bigger this time. A huge bull trap, to fuck every trader which still has a soul.



710. Post 9555388 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.32h):

Quote from: wmr42393 on November 15, 2014, 09:54:22 PM
Ohh.. really ?
3200 Euro on 6th October
http://www.reddit.com/r/Bitcoin/comments/2frwo5/crazy_bot_bought_btc_3200_on_btce/
https://bitcoinwisdom.com/markets/btce/btceur

Congratulation! You have earned a trollipop.



711. Post 9562777 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.32h):




712. Post 9626575 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):




713. Post 9628133 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

Quote from: nioc on November 23, 2014, 07:24:22 AM
I have a rather large stuffed sheep toy that I have named Shirley.  I took Shirley out one New Year's Eve with some friends.  Now these friends proved they were true friends as they accepted my behavior.  They ask about Shirley from time to time, usually when parties are involved.




714. Post 9629235 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):




715. Post 9629635 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

Quote from: janos666 on November 23, 2014, 12:12:44 PM
@grappa_barricata - How long do you think that Huobi "wall" will hold the reckless OKCoin butcher back? It's just a few hundred BTC.

Sorry janos, I missed that action entirely. Chinese walls don't work, ask Genghis Khan Smiley



716. Post 9629724 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

Quote from: noobtrader on November 23, 2014, 01:19:08 PM
what wall would that be resist or support Huh

I don't know, wasn't there at the moment... but there are always plenty of walls at Huobi/OKCoin, on both sides of the book. They come and go all the time.



717. Post 9630115 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):




718. Post 9630426 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

china is pumping muhahahaha



719. Post 9631484 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

guys stay focused, remember the plan:
- obtain money by trading
- lobby to power position
- nice, soft titties
arf! arf! arf! arf! arf!



720. Post 9634112 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.34h):

366.66



721. Post 9664137 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):




722. Post 9665634 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):




723. Post 9666698 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):


OOP Artifact: 'The trollface', found in a farm in Louisiana.


The Miguez brothers, that discovered the ancient artifact.



724. Post 9669430 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):

... - --- .--. /  ..- ... .. -. --. /  -- --- .-. ... . /  -.-. --- -.. . /  - .-. --- .-.. --- .-..



725. Post 9682470 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):

bitcoin, ressurecting once againg, with a fat tumescent rigor mortis



726. Post 9682814 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.35h):




727. Post 9710599 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

auction submission period expired just now... i'm surprised there was no dumping, i guess nobody gives a fuck anymore about anything.



728. Post 9710657 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: 4ever on December 01, 2014, 08:04:25 PM
auction submission period expired just now... i'm surprised there was no dumping, i guess nobody gives a fuck anymore about anything.
Auction submission period for the silk road bitcoins?

Yes, those 50k bananas for sale by uncle sam.



729. Post 9710744 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: BuildTheFuture on December 01, 2014, 08:15:29 PM
Today was just registration deadline. Auction bid submissions are on Thursday until 2 PM Eastern.

Ouch! You are right. Maybe this explain the lack of reaction  Undecided



730. Post 9711267 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: Fatman3001 on December 01, 2014, 08:58:05 PM
I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.
That's what they did last time, and we went up %50.

I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness.
Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended,
it collapsed down to 500$, culminating in that 'flash crash' to 450$.
Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify
big movements, and that is what i'm waiting for...  Cool



731. Post 9711816 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Lets assume a scenario: someone with big pockets want to buy these coins from the USG.
What is the best way to do it? Here is the best method i can imagine:
- suppress prices in major markets during the submission period: in this way, the other bidders will bid too low
- bid higher than market price during submission period
- stop suppressing price afterward, pump it higher than your bid
- baam! you won the auction, you did pay less than market price, other bidders feel stupid, much self-satisfaction ensure



732. Post 9712136 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

This place need some stimuli! Look at that nice masonry work!




733. Post 9713652 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):




734. Post 9715572 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: mymenace on December 02, 2014, 09:05:29 AM
Quote from: BarackObama
Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama
http://www.zerohedge.com/news/2014-12-01/total-us-debt-rises-over-18-trillion

heard a story about an economist that has predicted every crash and has predicted march 2015 to be the biggest of them all
as well recent stocks/commodities show a big decline

This isn't surprising... without QE the US stock/bond markets are going to implode.
To put things in perspective, the USG/FED has 'summoned' more wealth in these 5 years
than it was produced by all the humans ever existed, for the whole history of the human race, combined.



735. Post 9715810 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: nakaone on December 02, 2014, 09:50:30 AM
if there is a place in the cryptosphere for an altcoin in the future it is probably this one - I think long term it is more risky to not have some monero than to have some




736. Post 9716248 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: lyth0s on December 02, 2014, 11:06:32 AM
I drew some pretty lines today.....lets keep tomorrows price at an average of $385 or greater.



A nice little uptrend we got here. Maybe too nice... the perfect time for a surprise.



737. Post 9716436 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: jaberwock on December 02, 2014, 11:37:51 AM
I drew some pretty lines today.....lets keep tomorrows price at an average of $385 or greater.



A nice little uptrend we got here. Maybe too nice... the perfect time for a surprise.

You mean perfect time for a dump

Yes. In Europe, people are about to go to lunch. Those that are long are thinking: "no way i close now and take profit on this 3$ movement, look at this nice little uptrend we got, i'll wait". And then, while they are eating pasta, cheese or potatoes baam - red candles out of nowhere Smiley



738. Post 9716550 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: NotLambchop on December 02, 2014, 12:01:53 PM
... And then, while they are eating pasta, cheese or potatoes baam - BAM! ...
...debt ceiling to be raised world economy collapses march 2015



These are desperate times, gentlemen.  Desperate times...

Cheesy



739. Post 9717503 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):




740. Post 9721712 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):




741. Post 9722155 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Guys better be real about this... What part of India are we talking about? The cities? They probably understand bitcoin better than us... The villages? They just got electricity, better wait a bit for bitcoin.



742. Post 9729113 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: findftp on December 03, 2014, 04:17:12 PM

So the green line can look into the future?
WTF is this?

Financial astrology, inferior even to chicken bones divination trading.



743. Post 9729197 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: Bagatell on December 03, 2014, 04:24:09 PM
Financial astrology, inferior even to chicken bones divination trading.

Do you have the data to support such an assertion?  Wink

Of course Smiley




744. Post 9729400 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

I found this address, that look very interesting. It was in the top 100 list until a few days ago. The balance over time is fascinating.




745. Post 9730457 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: madmat on December 03, 2014, 06:45:13 PM
Do you have the address to watch ?

I think this is the address with all the remaining SR seized coins, but i'm not completely sure: 1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw



746. Post 9732642 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: inca on December 03, 2014, 10:55:34 PM
Either the price of btc rises significantly in the next 24 months or it fails.

Why? The bitcoin network can run on 3 Tibetan monks with abacuses.



747. Post 9732829 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: birr on December 03, 2014, 11:39:15 PM
Either the price of btc rises significantly in the next 24 months or it fails.

Why? The bitcoin network can run on 3 Tibetan monks with abacuses.
Yes, but which three?


The future bitcoin network, the leftmost is learning SHA-256 by heart.



748. Post 9733002 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Quote from: cbeast on December 04, 2014, 12:15:03 AM
Why? The bitcoin network can run on 3 Tibetan monks with abacuses.
Yes, but which three?


The future bitcoin network, the leftmost is learning SHA-256 by heart.
You misunderstand. The monks use a retrovirus to encode the blockchain into their DNA which can hold 700 terabytes per gram.

lol
i was thinking about the bandwidth rate for a gong... 0.1 bit/second maybe... or they can use TCP-over-pigeons...



749. Post 9737505 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.36h):

Here! Free trollipops for everybody!





750. Post 9743262 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):

chinese traders are awake... brace yourself

hi adam, my favorite canadian! Smiley



751. Post 9753356 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):

beware the fud is strong today



752. Post 9754635 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):




753. Post 9769176 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):




754. Post 9771030 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):

Quote from: hmmkay on December 07, 2014, 11:01:16 PM
Don't contribute to overpopulation.

The world isn't overpopulated. Common mistake that people are told.
Earth can hold 20+ billion people. More if we change some behavior.

Not at the current technological level man, and not with a vampire country of some tens of millions like this one:




755. Post 9771128 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.37h):

Quote from: hmmkay on December 07, 2014, 11:09:56 PM

They have short life-spans, easily fixed.
I still want to shoot her with a shotgun, burn the body and cover the place in salt.



756. Post 9771675 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: gotmilk_ on December 08, 2014, 12:42:03 AM
Someone removed for 3k asks on finex? There was more than 8k to 400$ and now is 5k.

Yes, somebody is playing with the bitfinex books in the last hours... it looks like a single entity control pretty much half the bids/asks between 350 and 400.



757. Post 9772514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

weekend's over, volume is slowly growing... enjoy your boredom while it last  Smiley



758. Post 9772645 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

china's dumping... i don't think 2300 RMB will hold this time



759. Post 9772687 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: phoenix1 on December 08, 2014, 04:10:32 AM
china's dumping... i don't think 2300 RMB will hold this time

The opening salvos have been fired ... let the battle commence !
Get the popcorn ready ...




And suddenly half the support over 350$ is gone, at bitfinex

TROLOL



760. Post 9773669 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

bricks will be shat today



761. Post 9774959 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




762. Post 9788992 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: macsga on December 09, 2014, 05:27:32 PM
Some politics for the sceptics here. Many of you may, right about now, have comprehended that Greece has been the paradigm of EU politics with austerity measures that outraged the citizens and teared apart all the social structures. There has been a meeting lately about Greece being kept into the current austerity program for two more months or not. For the 1st time in Greece's 8 year of torture, the PM declared strongly that Greece should get out of the troika scheme and restore critical parts of health, social security, public sector etc.

On Dec. 4 Reuters has posted the following article: http://uk.reuters.com/article/2014/12/03/uk-greece-bailout-idUKKCN0JH0QJ20141203

The plain truth is that Greece has fought its way out and they DIDN'T ALLOW IT! As a result, the current PM called for presidential elections. The current governmental scheme is not able to elect a president (they need 180 votes - they only have 155) and thus the country will be -eventually- headed to new government elections. The left party which will probably prevail, has declared they won't be as ''flexible'' as their current government. I assure you they won't hesitate to choose the ''alternative'' road.

Today in Athens, there was a great stock market crash. The greatest since 1987! The market always predicts the facts.
Related article translated in English can be found here: https://translate.google.gr/translate?sl=el&tl=en&js=y&prev=_t&hl=el&ie=UTF-8&u=http%3A%2F%2Fwww.capital.gr%2FMarkets.asp%3Fid%3D2176586&edit-text=&search_plus_one=form

You can call me a fool, or anything you like really; but I'm very well educated, father of one and I love my country. Mark my words here:
Greece is the canary in the coalmine. EU's countries belong to a chain. If a part is broken, the chain will follow. Now I want you to remember what has happened last year before the BTC Rally. Let me refresh your memory. CYPRUS!

Keep your money to the banks. Or not. Your choice.

Cheers.

You got it wrong: IMF opened up Greece economy for the rape, as it usual for the Washington consensus guys. These guys have developed methodologies for doing this kind of thing, over the years. It is very sad, isn't it, when a superpower want to fuck with your people? Enter the EU: aka 'the resistance'. They aren't the bad guys, they are the good ones. Remember this when someone tell you to 'exit the euro' for some reasons.



763. Post 9789296 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: macsga on December 09, 2014, 07:10:49 PM

You got it wrong: IMF opened up Greece economy for the rape, as it usual for the Washington consensus guys. These guys have developed methodologies for doing this kind of thing, over the years. It is very sad, isn't it, when a superpower want to fuck with your people? Enter the EU: aka 'the resistance'. They aren't the bad guys, they are the good ones. Remember this when someone tell you to 'exit the euro' for some reasons.

Maybe I do get it wrong. But isn't a coalition's purpose to strengthen the participants by the collaboration of many? Look what France and Italy have to say right now. I hope I'm wrong; but take my word for it: This will end badly for everyone, unless all EU countries persuade their leaders to act for the people and not the Banks. Simple as that.

Sorry, i should have been clearer. When a country get 'the washington treatment' there are only two ways it can react:
  - borrow USD, entering a spiral of pain and death for an undefined time (supposedly: until the US can't enforce the treatment anymore)
  - structural reforms, constantly (this is what in these days we call 'the austerity package')

So, when you see the changes in Greece in the last years you see two things at the same time: the 'washington treatment' and the 'austerity package'.
People and politicians are attacking the latter, but they really should attack the former (albeit it will be pretty much useless, because the consensus has all scenarios covered up already). The worst thing they can do is exit the euro, because then they'll be completely defenseless and degenerate in a third world country. The best thing they can do is doing 'exactly' what the euro planners tell them to do (the structural reforms), while politically move against the 'foreign capital opening' and the other measures the consensus introduced. Not simple my friend.



764. Post 9800777 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: criptix on December 10, 2014, 09:16:17 PM
im pretty sure that we will soonish (1-2 years) see real solutions to the problem of centralized exchanges (fiat <-> crypto).

No, there isn't a 'solution' for this. You can't convert 'fiat' in a 'token' without a issuer of that token. Hence there will never be decentralized exchanges that involve fiat.



765. Post 9801014 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: aminorex on December 10, 2014, 09:30:55 PM
im pretty sure that we will soonish (1-2 years) see real solutions to the problem of centralized exchanges (fiat <-> crypto).

No, there isn't a 'solution' for this. You can't convert 'fiat' in a 'token' without a issuer of that token. Hence there will never be decentralized exchanges that involve fiat.

Your words are difficult to parse meaningfully.  Could you please rephrase?

I am generally wont to do anything which is claimed to be impossible, if it is easy to do.  Thus I would like to know what you think is impossible.


I understand you are a coder. If that is the case, consider the problem of developing a decentralized exchange between USD and BTC.
It will became evident that it is not possible.
Because while bitcoin has decentralized issuing, USD (or any other fiat) has centralized issuing.
Hence, at best, you can develop a sort-of-decentralized exchange involving pseudo-USD tokens/IOU, released from some kind of provider.
That is the way ripple et all attempted to solve the problem. But a truly decentralized solution is not possible.

EDIT: to elaborate further, the problem is that exclusive storage of FIAT on a data structure isn't possible






766. Post 9801228 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: criptix on December 10, 2014, 10:05:23 PM
EDIT: to elaborate further, the problem is that exclusive storage of FIAT on a data structure isn't possible

can you please explain why it wouldn't be possible?

i can imagine a blockchain system where generating blocks is actually transfering "fiat" into "blockchain-fiat", withdrawal could mean sending the "blockchain-fiat" to a genesis block which would destroy it.


Quote from: criptix on December 10, 2014, 10:05:23 PM
can you please explain why it wouldn't be possible?
Sure, no problem.

Quote from: criptix on December 10, 2014, 10:05:23 PM
generating blocks is actually transfering "fiat" into "blockchain-fiat"
At that moment you have the same 'wealth' in both FIAT (that isn't destroyed) and BLOCKCHAIN-FIAT.

Quote from: criptix on December 10, 2014, 10:05:23 PM
withdrawal could mean sending the "blockchain-fiat" to a genesis block which would destroy it
Then you need an issuer to give you the FIAT back.



767. Post 9801310 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

@jonoiv
Gold has nothing to do with this, and FYI fiat isn't backed by gold or any tangible assets since 40 years. Some currencies are 'defended' by a certain amount of gold in currencies wars, but that is the extend of it 'backing' anything these days.



768. Post 9801472 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: jonoiv on December 10, 2014, 10:35:01 PM
@jonoiv
Gold has nothing to do with this, and FYI fiat isn't backed by gold or any tangible assets since 40 years. Some currencies are 'defended' by a certain amount of gold in currencies wars, but that is the extend of it 'backing' anything these days.

It's backed by the ability to prove a debt can be ultimately paid in gold as assumed by the credit agencies.  

Currency is backed by assets, at least my currency is (GBP).  our QE was backed by the purchase of assets.  When called to pay debts they are settled in gold.

You are mixing a lot of stuff together... FIAT isn't backed by anything (once, it had 1-1 parity with some amount of gold). International trading do use gold, and national currencies (not backed by gold anymore) are used in non-intuitive ways when nations trade with each other (because any nation can print its own currency at will). So gold is still the big thing in international trade, even bigger than in the past. But it is more used as a weapon 'in-being' now (like a fleet that doesn't leave harbor). Once, gold flowed among nations on a daily basis (for example, the City of London was born with the role of gold-exchange hub for the nations). Now it is stored deep underground, like a nuclear bomb.



769. Post 9802080 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




770. Post 9802099 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: jonoiv on December 11, 2014, 12:15:51 AM
Currency is backed by assets, at least my currency is (GBP).  our QE was backed by the purchase of assets.  When called to pay debts they are settled in gold.

Dude, England left the gold standard in 1931. That's 40 years before the USA.

The gold standard was the pegging of gold to currency.  Not the backing of currency with assets gold or otherwise.

awwwshit man...




771. Post 9802265 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




772. Post 9802313 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

OT, but maybe interesting for some of you: The Pirate Bay SUNK



773. Post 9802495 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: phoenix1 on December 11, 2014, 01:02:10 AM

Is this ??

https://www.youtube.com/watch?v=md4cPHFBeiU&feature=youtu.be

I hope nanobrain and BitChick are not around !!  Tongue

Amazing!
"After civil movement everyone was free, then i gave every girl the right to suck my dee".




774. Post 9802573 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: phoenix1 on December 11, 2014, 01:33:21 AM
Jimbo.....? Is dat you bro?
Cheesy Cheesy Cheesy
that was my first thought too 

Wait... i can assure you I ain't no jimbo, or am i missing something?



775. Post 9802665 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: empowering on December 11, 2014, 01:39:39 AM
Jimbo.....? Is dat you bro?
Cheesy Cheesy Cheesy
that was my first thought too  

Wait... i can assure you I ain't no jimbo, or am i missing something?

(hint:I mean in the video)


(Besides, Jimbo seems perfectly affable to me)

Ah well... a genuine case of misunderstanding Embarrassed




776. Post 9802921 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

can this be the bottom for today?




777. Post 9802984 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

this looks very fishy... i'm gonna long and may mercury have mercy of me



778. Post 9803131 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




779. Post 9803240 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

But... look at china, chances are this is a local bottom for the next 24h/48h. Shorting at this level, after this drop, is madness, and you can be burned easily. More downward movements? Yes, most surely, but this looks like is enough for today. Am i crazy?



780. Post 9803323 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

It will bounce, yes, bounce. I'm not crazy, no, not a bit...




781. Post 9803363 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: fishpants on December 11, 2014, 04:00:37 AM
microsoft is accepting btc now. sell everything!

https://commerce.microsoft.com/PaymentHub/Help/Show/toc_link_no_50?lang=en-ca

Well between this and their opposition to surrender users data to the US (the ireland case), they are earning points with me. Good job, Bill. You are forgiven for Windows 8  Cheesy



782. Post 9803600 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




783. Post 9803652 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

VERTICAL



784. Post 9803990 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: Newbie1022 on December 11, 2014, 05:49:02 AM
Quote
Somebody is trying to move the market by themselves. That's a dangerous game. Up to about 400. Then probably drift back down to the 370 range and rethink the world.

Bill Gates ?

Nah, I'm talking about the jump in shorts in the middle of the rally... 10.5K short on BFX, now. Whoever that is, they are bound to get burnt.

That's probably the asks that were in the book and got filled in this upward movement...



785. Post 9804625 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

OK how low is going to retrace? 50%? 66%? 200%? Place your bets ladies and gentlemen.



786. Post 9805235 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




787. Post 9805425 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

lol @fonsie signature



788. Post 9805707 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):


"Ahem... academic interest only."



789. Post 9806088 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):




790. Post 9806514 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.38h):

Quote from: redsn0w on December 11, 2014, 12:19:31 PM
Oh thanks for that link , so they will create a sort of sidechain into the bitcoin blockchain ? As write here :

<< Great question! First of all, see Oleg Andreev's excellent article "The universe wants one money": http://blog.oleganza.com/post/54121516413/the-universe-wants-one-money
Competing with bitcoin wouldn't make any sense. Rather than compete, we want to build on and with the bitcoin community. We will not create a currency that competes with bitcoin. Instead, we will leverage the blockchain (The Blockchain, i.e., the bitcoin blockchain), and quite possibly also sidechains, in order to build our technology.
We are not making an altcoin. We are not making an altcoin. We are not making an altcoin. >>

a PR stunt then? what is a sidechain good for reddit? i can't figure it...



791. Post 9818423 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: bjornw on December 12, 2014, 10:50:00 AM
Added long vs short ratio charts for 1h/6h/12h/24h to BFXdata.com
Hope you'll find them useful



Hey bjorn, i use your site every day and it is extremely useful to me. Thanks man.



792. Post 9819139 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Bitcoin is useful whatever the price. Even if it goes back to 2 digits again, same usefulness for everybody.



793. Post 9819382 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: 8up on December 12, 2014, 04:13:36 PM
Name suggestions, if some volatility happens soonish.

We could call it:

"Micro bubble", due to rising public interest and legitimacy through Microsoft. or

"Soft crash", due to higher BTC sells via XboxOne christmas sales.

What about "The unsignificant event": north-american bitcoin holders can spend them to buy Xbox games



794. Post 9822230 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

@oda.kell: think of it in another way:

If we assume that adoption drive prices, then a metric of adoption would be the price itself. This will tell you that adoption has not grown in the past year.
If instead, we assume that adoption doesn't drive prices then the discussion is irrelevant for future prices.

Note that I intuitively believe that adoption has grown, but also that it is not linked to price at all.



795. Post 9822574 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: oda.krell on December 12, 2014, 10:04:41 PM
There's one simple counter to that, and I'm not the first one to make that observation:
Sometimes price runs ahead of adoption (and will eventually get back to reality). Sometimes adoption runs ahead of price (and it'll take a while before price reacts to that).
Last time that happened was late 2012/early 2013, when about 1.5 years of very impressive network growth explosively made themselves known to the market.
EDIT: But if your point is that from growing adoption we can't conclude that we're going to see rising price now-ish, then I agree of course.

Fair enough, it make sense. Maybe there is a adoption-price correlation that is not evident at these short timescales due to too much variance. We'll have to wait for some way to measure adoption to see this. Data mining on the blockchain can't be trusted: too easy to manipulate unique non-zero addresses, numbers of transactions (old coins can be transacted without fees, so they can be spammed), days destroyed and so on. Search trends tell us nothing useful. What else can we use? I'm out of ideas already.



796. Post 9824182 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




797. Post 9839369 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




798. Post 9849411 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: God27 on December 15, 2014, 07:15:17 PM
Why won't xrp stop rising?

it looks like a textbook pump: look at the graph of last year (at bitstamp), see the  high volume with little volatility in the plateau that lead to the rise, that's the pumper accumulating for months



799. Post 9850234 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

we may have hit a local bottom, also some fiat should have reached the exchanges just now after the microsoft announcement (don't know what to expect from this, not much... but still worth considering)



800. Post 9851060 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

The infamous Joe Sixpack don't realized an idea is worth at a certain point. After all, if he was capable of understanding the utility in the first place he had done so already. In fact (taking the mobile phone as example), someone had to place a mobile phone in Joe's hand, almost for free, and even at that point he didn't realize the potential. He merely surrendered to the media bombardment of the mobile phone industry. Then, after years of mobile phone routines, he is now incapable of renouncing mobile communication.
To summarize: The masses will do as told.



801. Post 9851573 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




802. Post 9852018 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




803. Post 9852659 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




804. Post 9852829 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




805. Post 9852906 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

then it is decided: ripple has to die



806. Post 9853034 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




807. Post 9853281 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Thanks for the second bottom, market fluffer. I missed the first one... now we are ready to go.




808. Post 9853334 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Be strong! Take unilateral decision to not panic!




809. Post 9853468 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




810. Post 9853511 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




811. Post 9853632 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: empowering on December 16, 2014, 05:49:19 AM

Merrily, merrily, merrily, merrily,
Life is but a dream.
?

It is another, equally silly, song.



812. Post 9854323 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




813. Post 9854380 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

well fuck it, market give, market take it back



814. Post 9861415 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

price dropped 10% in last 24h, china awakening in 30m, lets see what happen



815. Post 9861829 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

Quote from: adamstgBit on December 17, 2014, 12:14:16 AM
ok THIS is the bottom.
If this is the bottom, and we see some crazy china volume now, then it is bullish as fuck! Funny how fast the scenario changes in this trading madhouse Smiley



816. Post 9862150 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):

I think this is the start of a week of (mild) uptrend, the more i look at the graph the more it make sense.
After all, a bear market can't turn bull directly, it has to go through confusion (the last 2 months, possibly more).
So, now i don't believe anymore we'll have to retest 270 or even 300. Why should we?



817. Post 9865882 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.39h):




818. Post 9874623 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.40h):




819. Post 9881873 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Tzupy on December 18, 2014, 08:28:54 PM
I have a question that I posted in the Service Discussion Bitfinex thread but got no answer. Maybe someone here can help me?
Can I, with an unverified account, deposit bitcoin, trade with leverage and withdraw bitcoin to / from Bitfinex? Thank you.

Yes. Verification is required only to interact with the banks.



820. Post 9905308 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.40h):




821. Post 10021501 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.42h):

hash rate has recovered, over 300PHS again... good sign, maybe it ain't dead yet



822. Post 10021598 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.42h):

sub 300 is about to happen, merry fucking christmas bitcoiners



823. Post 10021849 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.42h):

Quote from: findftp on January 03, 2015, 12:27:41 PM
Okay, so I went margin short at finex some weeks ago.
Does someone know how I place a bid order at a certain price which automatically opens a margin long and closes the margin short?
Does it have something to do with the OCO order? (one cancels the other)

Place a buy order with same amount as open short position, and another with amount you want your new long position (both at margin, OFC).
OCO is a limit order paired with a stop order, and the first that get filled cancel the other.



824. Post 10026834 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.43h):




825. Post 10044107 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

who got bitstamped?



826. Post 10045583 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

get the vaseline ready, bears



827. Post 10051493 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):




828. Post 10056782 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

it is me or bears are starting to feel uneasy?

https://www.youtube.com/watch?v=YRKhTvUUYMI



829. Post 10056895 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Fatman3001 on January 06, 2015, 12:03:44 PM
it is me or bears are starting to feel uneasy?

https://www.youtube.com/watch?v=YRKhTvUUYMI

I fear that the only thing they worry about is that they can only drag this mofo $276 more down. They will never have another 2014.

You still short fatman? That is so 5 January Smiley



830. Post 10057625 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

don't underestimate a man with a plan, if he managed to grab 18K bitcoins he can manage to wash them clean



831. Post 10058264 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

Quote from: JorgeStolfi on January 06, 2015, 02:09:56 PM
don't underestimate a man with a plan, if he managed to grab 18K bitcoins he can manage to wash them clean
A man, a plan... a canal -- Panama!

Of course! That must be where the thief is hiding!

"Are we not drawn onward, we few, drawn onward to new era?"



832. Post 10058333 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Richy_T on January 06, 2015, 02:32:49 PM

But Chartbuddy, I disabled you...

Uhoh.

Chartbuddy the Skynet spearhead?  Cheesy



833. Post 10058680 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

Quote from: Searing on January 06, 2015, 02:55:19 PM


and.....his life is still much better then mine (being rich wise that is) FML

and I still think he will walk on all this in the real likely hood he was just plain stupid and got robbed

and again...his life will still be much better then mine (being rich wise that is) FML 2.0 (use of this to be determined at a later date when he walks away from all this)

But every morning the mirror in his 5 star hotel room will remind him that he is Mark Karpeles, the ball chair rider. A living hell.



834. Post 10068941 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.44h):

Another solution: transfer the bitcoin to a betting site (eg: anonibet), then withdraw them, all very gradually of course.
In this way you can 'mix' them, because deposit address is just used internally to discern users,
and when you withdraw you get coins from other deposit addresses and from other addresses of the service.

I doubt a betting site gives a fuck about the source of deposits.



835. Post 10071621 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

bitfinex API works (both public & private), but trading stopped 10 minutes ago... maybe their trading engine was stopped for maintenance or maybe DAFAQ IS GOING ON COME BACK ONLINE RIGHT NOW!!!



836. Post 10072563 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

Stamp is done: once you lose client's confidence it is over. Probably will run away with the rest of the money once they realize this.



837. Post 10073758 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

Quote from: nrd525 on January 07, 2015, 08:47:55 PM
Has Bitfinex ever maintained a 3% price premium over the Chinese exchanges for this long?  Currently a $10.20 premium over Huobi.

Sometimes it happen, mostly when volatility is high overall. It will rebalance down to a few dollar difference sooner or later. I gonna bet it'll happen when we retrace.



838. Post 10081645 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Blazin604 on January 08, 2015, 03:30:14 PM
STAMP TO GO ONLINE BEFORE 5PM PST TODAY

source?

Beyond their statement of reopening in 48 hours at most

Cant say. I have many sources




839. Post 10081782 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

Quote from: hdbuck on January 08, 2015, 03:44:21 PM
would you guys recommend kraken or bitfinex as trading plateform? cuz thats it im done with stomp  Angry

Bitfinex all day every day. They have p2p lending, margin trading and a relatively good api.
Kraken is good too, I use it from time to time. They have wonderful bank relations and I use them to cash in/out.
But they have no margin trading yet, and volume is a bit too low for my trading habits.



840. Post 10083027 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.45h):

Quote from: Bitcoin_BOy$ on January 08, 2015, 06:04:04 PM
yes i understand, me also, but i mean no matter if we have been bitstamped or no, bitcoin will go to DA MOOOON Smiley
No if bitstamp return many will sell their coins and you know what we will see ^_^

Many will withdraw their bitcoin, dunno about the selling. If else, some fearing problems with fiat withdrawal may even convert to bitcoin. If it come back, that is.



841. Post 10104243 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: crazy_rabbit on January 10, 2015, 03:43:12 PM
Here's the question- where do I SELL my coins? I've got a significant portion on Bitstamp,but I'm not verified at Kraken yet, and like hell I'm willing to put more coins INTO bitstamp. :-)

Verification at Kraken is extremely easy (up to tier 2). If i remember correctly you just need to verify your mobile phone number.



842. Post 10105913 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

worth noting that the 255 bottom was also the highest 2 digits hexadecimal possible (ff), coincidence?
yes ofc, you trolls, i'm just kidding



843. Post 10125030 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

cex.io suspended cloud mining => noob raping is over



844. Post 10125228 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

china is pumping, bless them



845. Post 10125303 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

short squeezing is a possibility, i think - too many shorters at and below this level



846. Post 10125561 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Elwar on January 12, 2015, 03:06:37 PM
Price is up, next stop $100,000!!!

Calm down, cowboy. 300$ first



847. Post 10125886 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Elwar on January 12, 2015, 03:19:39 PM
Price is up, next stop $100,000!!!

Calm down, cowboy. 300$ first

No, I think it'll skip $300 and shoot right up.

 Grin

haha, yeah



848. Post 10126270 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Eddie Brock on January 12, 2015, 04:09:49 PM
But Max Keiser told me that my coins would be worth 1 million dollars by now




849. Post 10126700 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: luckygenough56 on January 12, 2015, 04:53:11 PM
suspending cloud mining doesn't necesserily mean that they stop mining internally, does it ?

That's why it will drop 10% instead of 30%+



850. Post 10126876 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: klondike_bar on January 12, 2015, 05:10:20 PM
suspending cloud mining doesn't necesserily mean that they stop mining internally, does it ?

That's why it will drop 10% instead of 30%+

unlikely it will drop like that. The cloudmining contracts might end, but the hardware will still exist. It may likely just be used for CEX's private mining.

I expect a 0% diff change because a lot of 1w+/gh gear will shut off but be replaced by newer S5/SP20 gear

They are shutting down some of their hardware, the unprofitable one. If they were to replace it soon (eg: in a week) then why doing the announcement and shutting down GHS on their client's face entirely?



851. Post 10127116 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Blawpaw on January 12, 2015, 05:31:15 PM
They are shutting down some of their hardware, the unprofitable one. If they were to replace it soon (eg: in a week) then why doing the announcement and shutting down GHS on their client's face entirely?

What can this mean for the Bitcoin network?Huh?

Slightly slower confirmation time for the next 2 weeks, starting when they shut down this hardware (at next difficulty adjustment, just now apparently). But nothing more, there are other players, and the incentive-based mining network is a self-regulating system. It will manage.



852. Post 10127692 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

@Sitarow: are those spreadsheet public? If not, can you make one for 200$ level? Thanks, a hell of a work you did.



853. Post 10127809 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: NotLambchop on January 12, 2015, 06:43:45 PM
...
a low bitcoin price is the *BEST* time for mining. low bitcoin price = lower income taxes on mined coins
...

When BTC price finally hits zero => no taxes at all => everyone buys mining gear => hashrate explodes Cheesy
You guys are logicians IRL, amirite?

Before price hit 0.01 somebody will buy 50% of the bitcoin in existence, cornering the market. Then you'll see what a pump looks like Smiley



854. Post 10129389 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.46h):

Quote from: Sitarow on January 12, 2015, 09:10:27 PM
I have included the two requested sheets in the document.

$200 USD @ $0.13 kwh


$200 USD @ $0.10 kwh


Shared document link. There is dedicated sheets for each hardware type and estimated difficulty return.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing

Thanks a lot, much appreciated Smiley



855. Post 10171445 (copy this link) (by grappa_barricata) (scraped on 2020-04-04_Sat_13.50h):

THIS THING IS ABOUT TO EXPLODE