this.

haven't visited new wall thread too often last days but it got really rough tones compared to the old one.
Why is that thread called hardcore again?
(reminds me of that well-known netexperience when you search a subject on some forum and instead of getting the wanted information you can scroll through a multiple page flamewar.
Nice for voyeuristic tendencies and analyzing social deficiency but useless for this thread!)
please chill the f**k out, here 's a flower (to stick in your hair) and discuss that stuff in some battlearenathread where you can speculate with your egos.

sorry for getting too groovy, where were we?
ah perhaps someone post some charts, that could relax the mood...and really get some objective discussions going

why are there hourly dumps for the last three hours? (ca. 12:30, 13:30, 14:30)
next dump in half an hour or am I just seeing things that are not there?

but next dumps should be huge to push to double digits, right?.
Still there's a big wall at 100$

perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.

4th push starting (with some burpses in the beginning )

one positive aspect of the whole thing is that nothing is goxed up.
no minute long lag, no ddos.
just speculators playing together...i like that.


...okay 30s lag as i wrote that, but could be worse.

i don't believe it. just left forum for some hours to watch a movie...
and i come back and see 3D charts.
Shit I had that stereoscopic idea in the old wall-thread 3 weeks ago.
I just imagine that data fed into unreal or cryengine and modifying some big planes in realtime.
f**k you could even run from fps perspective along the waves shooting some bears ;-)
i have to research that idea further if it's possible, seems like a real interesting art or game concept.
for the beginning these pics would look amazing as stereoscopic versions.
like this for example, but that will just be possible if you'd change to more mixedup colours. (sterescopic need pure red and green channels)



Thanks Richy_T for such cool stuff, I have to check out your code at the weekend.
need to sleep now...but let's open a thread for that stuff...call me hooked

besides...sorry for bumping that thread with pics...back to business

holding strong and shit how i want stereoscopic realtime waves right now...
aaaand next dump coming in

i have no 3d 120Hz monitor but plan on buying one (depends on how my bitcoins are doing )
you need that stereoscopic bundle by nvidia (with card) for pc output (then with shutter technique) or newest version of powerdvd (or some other player) for polarising filter technique.
I will do some digging on the net how to get that going. really inspiring stuff!

It's definitively a good sign for more bitcoin adaptation in china.
in connection with cheap energy cost, world's biggest exporter / world's biggest producer of mining hardware and so many potential buyers (the educated social class represents nearly whole population of USA) the market there could grow real big in longterm.
Although nobody can predict how the government will react to such developement, the political system in china enables a ban more easily than in western countries.
The CCTV report will be used for some marketgambling and typical pumpdump-action in shortterm as usual with any new media coverage or rumor but for the long run this is a very bullish sign imo.

Funny coincidence, saw both of his movies (Red Chapel, Ambassador) last month.
There is some simliarity to the photo.
But I don't know if a movie by Mads Brügge about Bitcoin would be that awesome.
In Ambassador he has proven that you can get diplomatic status and smuggle blood diamonds out of an african country if you have enough cash and pretentious appearance.
In Red Chapel he pretended to be a communist theater director from denmark and went with two southkoreans (one of them handicapped) to NorthKorea to enact a play. (really interesting insight and social stuy of northkorea)

His satirical approach in his documentaries would defintively do more damage to the adaptation of bitcoin. Kinda like artmarket unmasking "exit through the giftshop" mockumentary by london streetartist banksy or performances by the Yes Men.

I'm sure it's not that difficult to find a lot of people in bitcoin community to do a satirical mockumentary thinking of some comments on the forum
Otherwise Mads Brügge seemed to me to be a higly intelligent person that would get the idea behind bitcoin after doing some research, so perhaps he would show both sides of the coin.

But let's see...absolute speculation based on a single photograph.

@rpietila:
If you are Mads Brügge...call me a fan and I surely would like to have contact because i have many ideas for some sick areas in the world that need such a style of dismantling roleplay-documentaries.
 

googlesearch statistics are perhaps representative in western civilsation.
But e.g. in china Baidu is the biggest search engine. would be interesting to get some statistics from there.

somebody was faster than me. sorry for doublepost

interesting stats here. there will be big developments in china in the next months. thanks ronaldlee0917 for that info

small pump -> big dump?

wow so i wasn't that badly off buying at 110$ last night.
But i still think we see some massive dumping at 120$ back to around 100 to 110$.

looks like the herd always needs a big breeding bull clearing some land at front until everybody will follow.
Any volunteers?

yea perhaps you're right. let's see how they gamble this one out.

I saw that regularity 6 days ago. But then there were 3 steps of dumping on an hourly frequence followed by one massive dump. Damn you bitcoin, i never loose the feeling someones just playing with us!!!
have to dig out that tinfoil hat again...

eh..nice remark. perhaps i should stop reading about technical analysis and start with crowd psychology.

i use:
http://bitcoinium.com/
http://bitcoinity.org/markets/mtgox/USD
http://bitcoin.clarkmoody.com/
but I'm not a fulltime trader just getting in the game from time to time.

best one for trading is perhaps:
http://btccharts.com/
but you have to pay for use after some time.

you forgot this is HARDCORE version. that old stuff was for the wimps
...aaaand we had quite some bitchfighting going on.

some bear couldn't hold it any longer and took a big dump

damn watched some tv and still nothing happening...

ehr...i mean GOOD, i love it for the sake of stability

good night chartbuddy...

shit I came too late,
what happened to nice stability, I don't want to search through last ten pages?
We had some bad news or just pumpndump?
could somebody give short feedback?
just read some dwollathingyproblem...

say what? did they ddos too hard for american taste?
I'm just reading through last pages but can't really get the right info why this happened?
Is there something from news agencies or what's going on?

edit: ah thanks for answer

well quite some good support on bid side corresponding to these news or do you think we go double digits?

thanks for the infos...

It was just a question of time until governments realize the problems that cryptocurrencies bring to their financial regulation system.
Obviously they have to do something before the hoi polloi start hopping on the train.
I talked about this problem some weeks ago on this forum as I see the biggest problem in bitcoin that it will be misused massively for taxrefugees and moneylaundering because its transactions are so much more easier to be covered.
So we will have some time of panic because noone knows how governments will react but I think it's a good sign that bitcoin is on its way to mass adoption.
Bitcoin has evolved too far to be stopped. Only thing governments can do as always when they've overslept a new thing is to adapt and integrate it into their system.
I mean no country even has laws yet that define if bitcoin is a currency or a commodity. I'm really curious how some court procedure would be handled.
And wouldn't it be the best reaction for an american Bitcoin user right now to spend all cash on bitcoin and get them on their personal wallet instead of cashing out and watching their frozen dollars for some months?
Or am I on the wrong plane right now?

edit: besides I don't think US can wipe out bitcoin quietly. That would backfire quite hard in the media...and people are suddenly very interested if governments prohibit something they don't see as real harm to their society

that really seems to me like a message from Homeland security to the community as it's happening right before the conference in california.
Feels like a drug raid during a hemp parade when everything's legal (or not, i still don't understand the command structure of USA with state law and federal law).
well if they keep on with these procedures it will push btc even harder with more exchanges on some small island states or similar tax haven countries, like with the bank accounts of onlinegambling.
from my perspective either way acceptance or interference will bring good days to bitcoin.

it's good to see that there are more people thinking about buying.
i started holding back some weeks ago just to see where things are heading
and now I'm sitting on fresh cash and watch wallzilla playing games with my brain
Shit what you want?...will that white knight be there next week or is it just a big pumpndumppuppy by some bad bear?
sigh...
perhaps i invest some btc in more tinfoil instead...

thread getting quiet again so i add my two cents:

I think money laundering is still very easy despite coming regulations and with everything around bitcoin adapting/growing more and more I can't see any long downturn (It's like to foresee a long downturn because silkroad is put down for some months). Governments must figure out a way to integrate digital currencies into their financial and lawsystem.
As always that takes quite some time and even then they won't get a complete hold of it. (I mean they still haven't completely figured that prevention of launderying out with fiat how will they succeed doing that with btc???)
Imo the low volume is because we're still in the situation with an oversold market. Too many bears have sold around 120$ in the last weeks and can't believe it's still not going down despite FR news and they don't want to buy in at loss.
Low volumes would logically just put marketaction away from daytrading into another timezone with speculators selling/buying and holding fiat/btc in longer timespans until next big swings they can hop onto.
so everything went to slow-motion.
I awaited bigger selloff around 135$ some days ago (which came) but it didn't push all the way down. So with wallzilla in mind i would say we could scratch 140$ soon and settle between 130-140$ next week with some up and downswings.
Don't know what happens if wallzilla is away again but there wasn't much movement before it appeared so I really can't imagine going under 120$ for next week (perhaps a little nibbling as we haven't tested it before.
You never know...one little news flick and shorttime panicmode is on again.

So I'm no expert but watching the progress of may altogether things look quite good. Everything began with big dump, followed by small dumping and no serious panicsells with FR news, we now finished that month with more than 30% plus since dobledigitdisaster and haven't returned there once.
I'm longterm bull so I always look at longer timespans...
.....only thing I just don't trust is that wall (it feels securing and frightening at the same time ).

from what i read on european news i have the impression that people in slovenia will have more time to safe their money from bail-ins than in cyprus (which they made an example of and where the bail-in came really fast)
It looks like european commission is playing on time so we'll see if people there prefer other options over btc.
One thing to mention in this case is definitively that bitstamp bank is Unicredit banka Slovenija (slovenian branch from italian UniCredit).
(perhaps most of you know this - i didn't because I don't use bitstamp, just gox and some domestic ones)
that could get interesting in a possible bail-in situation

very interesting
so do I get the meanings of that article right (It's late, I'm half awake right now ):

Somebody who's mining btc and selling them via exchange is a money transmitter?

-> means that any miner (or at least mining pool) in US would need a license for that?

(if that's the case it would be a good strategy for US government to grab the bull by the balls and not by the horns)

so if they can't get get the miners they go for the mining rig producers, introducing fees or something?
(I'm still sure US gov not just wants more regulation but at least a small part of the cake too, they won't let that pot of btc just stand there and look how it's growing and devaluing their fiat)

jup we will see.
if i compare it to mining gold, there are the big companys (with licences) digging in huge mines and there are the single individuals nibbling in their own hole or fishing around in some rivers (without need of license).
So at least licensing for mining pools or fee per mining-rig could come up the table.
whatever is happening at the exchanges right now...adaptation progress is good symbol
(integrate und regulate at least the production before that becomes a problem)

imo it started in may with the case of some guys cashing out 2.8 Mio $ alone in New York on one day and 45 Mio $ worldwide over last three years.
and now some weeks later following that trace they bust LR - which they must have watched for quite some time - transferring more than 6 Bio $ for criminals over the last years.

the criminal organisations worldwide adapted to virtual currencies much faster than the governments (as they are always one step ahead).
only possibility for the gov to keep up with the whole coinmania is to check the flow over the exchanges as they did with LR.

noobquestion: could you trace  the flow of single bitcoins transferred from wallet to wallet back to an exchange account where it was purchased in the first place?
(because if police get hands on some wallets during a razzia they then could check who purchased it in the first place)

well criminals will search for alternatives, if I were them I'd trade or even open some exchange now myself (with easily fakeable accounts) in a country with weak lawsystem and much corruption.
i wonder which coin will be the first? (that is one huge market gap for some BADcoin or BlackCoin) edit: Gcoin sounds much better

this is hyper-bullish-tinfoil-news

yea what's coming?

so I'm a little bit too late to the discussion,
but i still have to post this.

don't want to sound like a jibberish crazy btc evangelist but if you watch the history of the world over the last two hundred years, real progress was always pushed by genious inventions by single people or small groups (if it's electricity, phone, car, plane, computers, internet etc.)
And everytime people went nuts in the first years after (well today more like 3-5 years by much faster  progress) and couldn't wrap their head around what the f*** they're looking at. They just knew it kinda led into the future.
But in those older times economy wasn't like today. At those times inventions rised through small local supporters with cash.
Now with big companys dictating the people to what stuff they have to adapt to has slowed down the rise of epoch-making inventions because profit is even more or at least half as important as innovation.

Only real innovations in the last years were imo completely virtual (software, social interaction etc.,), so the web is kind of keeping the old spirit alive as a playground of genious people being able to do fantastic stuff with small budget
and of which is mostly not profit-orientated in the beginning (at least until adaptation grows).
(sounds like a much better thinktank than any bigtime company with thousands of people that have to justify their inventions with marketing strategies.
bitcoin as a code wasn't developed on profit in its own sense and it's suddenly there and people try to integrate it in their world although they don't even have a clue in what ways it could be usable in the future.
sorry if that's too theoretical for this wallthread, but after watching some short docu about people on an island trading their sea shells for services and goods,
i adapted that to a globally connected society over the web and began to be fascinated.

it's just logical after being conditioned to fiat as soon as you're born it takes some time for more people
to branch some new connections in their brain.
the nearest reaction for integration of btc is to treat it like some investment and hold it like a commodity,
because there isn't a real btc market to cover their everday needs.

if somebody found gold in the USA in the old days, first they started mining it, by that more cash was flushed into the mining operations,
the profit had to be spend by local workers around that hole so soon a small economy is growing and we have a mining town.

with btc starting completely virtual, only connection to real world economy was mining operation and fiat (via exchanges).
next phase where we are present now imo is virtual market growth (use in virtual market still feels like a currency of a small community (with few market sectors) in the real world)
nearest usage for btc (as long as there were no laws for it) were in marketsectors where it's important to do anonymous transactions like drugdealing, other illegal services and money laundering
(that will be regulated at some point in the future so that at least regular john doe consumer guy can't figure out how to do it, like with fiat ).

usage as a virtual currency for virtual services (eg. for music, movies, e-books, cloudstorage etc.) is the logical step which will branch out more and more connections to realworld market.
(every vendor on the net would be happy to get cash via such fast transactions)
big companies would only be interested if it promises gain in profit.
(just look at amazoncoin, right now they see it just as possiblity to get dependancy of customers.
for them it's theoretically holding shares of their customers. market the other way around. really nice strategy)
so btc has to create its own economy until the market share becomes so big that these companies can't ignore the spending capacity anymore.
everything has to go step by step, first the code, then the mining, then some cash
and now its time for new marketsectors to catch up and someday we will be ready to stem the big guys,

so these are just some thoughts on my virtual sea shells. (when i put my ear near my wallet i can hear the numbers whispering )

ah yea and


I don't know where you're living I'm relatively sure you're not affected by ongoing crisis in any way,
don't have relatives that were scammed by banks, didn't get your bank account seized or haven't even thought about the flaws of a centralized currency in combination with a f***ed up financial system.

just keep on seeing the whole thing as some highrisk investment with real good profits perhaps you will realize the other side of the coin in the future.

kay should stop babbling...(one beer too much)
perhaps I throw out some monologue about decentralisation of currency in some hours
....
on with the show

sorry for my rant, but in my state right now i couldn't understand how i registered two weeks before you considering myself a total newbie,
and suddenly feel like an oldtimer just reading your comment.
well...in the end everybody sees something different in bitcoin, and she does whatever the f*** she wants.
(most convincing thing for me that btc is up to something is reading this forum with many people contributing interesting theories and realizing new projects
while a lot of speculators stand at the side riding the waves and applauding the show)

perhaps i just got sick of being around advertising agencies and watching the big guys playing games with their customers for the last four years.
at some point i think that your fiat can behave like a vote for the right and fair business idea.
(but there is still somebody profiting in either way by printing/controlling/transmitting the fiat)
then there's still a corrupt financial system that profits in so much ways just from monopolizing moneyflow and lobbying governments creating laws in its interest.

so if i have the possiblity to vote for or against a system with the currency i use (even if it's just a small part of my wealth), I love to do that.
I'm not all in, I just see it as a support for an idea that could perhaps bring some better solution to a system that is built on decades to decades of debts crashing from time to time during a century.
(while the big game goes on and common people falling by the wayside and are f****ed up for at least one or more generations and can only stumble along in the ratrace retrying to get some decent wealth)

...back in the flow...


loved that one

back to topic...
...perhaps a nice test at 115$ over night, dump induced panic sells in the morning and see you again around 115 -120$ tomorrow evening (or one day later).
(whole market feels slow-mo and higly volatile with everybody waiting for regulation signals,low volume and some big guys shaking the trees for little profit from time to time or miners needing cash)

sorry again and I will stick to sober posting in the future (but please don't quote me on that )

well since crash in april lowest lows were 60$, around 90$, 110$ and shortly back to 106$ if i recall correctly (could be wrong, just reading vaguely the charts)
and we have very low volumes since then. so yea everyhings just getting narrow.

edit: by the way we haven't seen double digits for a month now.

 

well shit...
went camping and fishing in the mountains for the last three days
and now I come back and see this.
Was it just the usual suspects dumping with panic sells or have there been some important news that caused this "crash"?
Are we bottomed out yet or will it go lower?
(I'm half btc half cash now and don't know if to sell or buy. cheap coins are smiling at me right now )

could somebody give me a objective short summary to be up to date please.
(too lazy to read through last 30 pages)

yea that was the first thought that came to my mind...hold strong and just watch the show.

edit: but the longer i'm looking at the price it seems so cheap right now.

thanks.
that sounds like a plausible advice. will go more fishing soon these three days without any connection to electronic mayhem felt quite good.

you're still throwing in that stuff you said some days ago?
last time I ranted and was drunk but now I'm sober and have to comment again:
we are at the transmission of an economy that grew by mining investment/ usement for illegal services to enter new markets.
massadoption will grow when btc is used more and more for web-based services (as mentioned before e.g. payment of digital media, cloud space, websites etc.)
this takes some time to get going and isn't represented by present price changes of btc.
at some certain point companies can't ignore the purchasing power behind btc.
(imo silkroad argumentation is even kind of bullish. Drug business is a huge market with lots of cash,
sr represents an unimportantly small market share atm. Imagine more mass adaption only in that sector combined with possibly ensuing prohibition of btc in several countries and we go to the moon.
although this would mean a role as blackmarket currency for very long time)

if you talk about future mass adoption think about your current role transferred to millions of people.
if you've invested in gold would you complain about not being able to buy a smartphone with your nuggets and wonder why some big guys can manipulate the price???
support vendors that use btc (even small amounts have an kickstarter-like effect) and you will help the market around it to grow (and with that your investment in the first place)

btc can be both commodity and currency at the same time and the scales are unbalanced because of the lack of payment usage. (it's apparent which usage brings stability combined with steady growth)
swarm intelligence will naturally take some years of bubbles and crashes until it actually figures out its full purpose and potential for the virtual ecosystem.
(the main purposes of internet weren't figured out in its early years either, so let's see how things evolve)

i think i need a beer
byebye double digits (at least for some sips)

had to dig that one out:

http://www.youtube.com/watch?v=VEvz-4dbQjE

chart is from 2011 right?
well, conclusion:
100 will be 1000 in two years???

 ah shit you were faster , i just worked on that in photoshop

i missed the whole action of last three days so I'm maybe way off,
but i have this gut feeling that we'll see more dumps during the night, so US can wake up to low price and start another panic selloff.
(well at least if i was speculating with lot of coins I'd do that)

hey i'm just speculating what could happen.
(i just trade on comments by some rare longterm users in this thread, and even then it's mostly better to just watch and hold as a newbie)

I'm following the market as recently as last bubble and throw some thoughts out from time to time,
to see what comments they get.
by that i hope to learn some things from users that have more longterm experience.
 
i noticed sunday night dumping as good method for buying cheap coins. (market can be manipulated with lower volumes during the night when the daily show is over and then panic begins in US on monday morning)
watching the sundays of the last weeks a monday dip occured quite often or am i wrong?

read such comments everytime we went below 100$ which happened 3x since crash in april.
somehow people are psychologically attached to that nice round number to see some fundamental value in btc at that point

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?

...then wait for short phase of growth and start dumping again
you really can milk the market like a cow when you have the coins for it.
well after all that's the nature of a free market.
welcome to the jungle of bitoin
 

lol just start digging in someone's comment history and you figure out which people to sort out.

suddenly i get the idea of ignoring every bear around here... that would turn this thread in some uberbullish hardcore stuff
i have to taste some of this weeeeeeee

by the way, cheers rpietila and get well soon

I'm not sure if amazon hops onto the train.
they already sell amazoncoins (http://www.amazon.com/gp/feature.html?ie=UTF8&docId=1001166401)
but perhaps that's just their strategy to get more dependendance of consumers .
i also read somewhere about future Applecoin for itunes.
this reaction to the whole coin-idea is just logical natural adaption in favor of big companies.
they still want to have advantages for gain in profit, it's like interest-free credit for them.

one possible integration of btc is perhaps someday you can trade it for the different coins of the big companies.
this would mean mass adoption and btc taking the role of a goldstandard for individual virtual currencies.

that is just one very bullish prediction for things to come
there are plenty of others

...interesting times we live in...

http://www.cityam.com/blog/what-makes-trader-better-being-monkey

I would recommend a monkey as trading buddy.

seems i hit some weak spot there

well...last time adam got hammered predictions were really good

with the current market situation i wouldn't recommend trading within the narrow price swings.
always consider if your possible gain in profit is worth the risk of buying back in at loss.
that risk depends if you're more oriented towards shortterm or mid to longterm trading.
(i'm longterm so i don't care about 10- 20 $ swings)

I recommend just starting to read the thread for a while and don't hesitate to ask questions.
after some time you are able to filter out the useful posts from the fud.

(ah and somebody's member status isn't always suggesting more trustworthiness in his comments,
the colour of ignore button helps to separate the wheat from the chaff from time to time)

i wouldn't consider myself pro in any sense, i made lot of mistakes after the burst of the bubble
(bought in at loss more than once because i got shaky hands in fear of missing some action).
my advice is just based on my experiences when i took part in this game and on what i think i should have sticked with then...
everybody has to figure out on their own what style of trading suits them most.

besides that i gave up hope to find a pic of a drunken monkey in front of a computer on the web

good luck and enjoy the show
(in other words always keep popcorn and tinfoil at hand )

up up and away

Fred in his best times

(better get to sleep now to keep information content at level on this thread )

Yup. You're going to need at least 2880×1800 resolution to see it clearly. Macbook Pro Retina is great for this kind of thing.

[/quote]

sorry if i brought up some bad memories but i wasn't able to resist.

I can't imagine people would happily adapt some coin created by governments. Typical John Doe still has a slight doubt to everything that comes from authorities.
imo more possible way would be coins by different big companies restricted to buys for their products. (and the authorities watching the whole thing via Prism-like observation system).
looking at facebook we saw many many other social networks pop up and disappear on the web before it was hugely adapted around the globe. (and that took 7-8 years!)
i can't look in the future but also can't imagine some other cryptocurrency suddenly pop up and establish a market like btc has in last years.
but that's just me talking

but these new coins can partly be exchanged to each other already.
I'm sure coin market would transform and every btc holder could change it to the new rising cryptocurrency. you can't just leave btc market out and start from the beginning creating your own.
(except you are a big company with an already huge market share)
the comparison to social networks was a bit off by me because some user account is worth nothing for a market in itself than the potential for marketing, btc has an actual value to buy products and that can't be ignored.

eu even regulated to what degree a banana has to bend to sell it as that. (no joke!)

thanks for that one.
loved the comparison to some hookers beating up a mom because she looked like competition.

btc is gonna get the hell speculated out of it by USD.

thanks for nitpicking (ok it's not the bending per se)
that's what you get for readings news without doing own research.

but still a lot of of these regulations are ridiculous and many biological farmers can't sell their whole crop but just the amount that fits to those partly exaggerated standards.

never mind
but thanks for the info, now i learned something about regulation of fruits in eu.
you never know when that gets useful.

well somebody's a vulgarian here for sure.

what's the problem? didn't get your daily dose of daytrading or is your SR shipment delayed?
just keep your word choice a bit decent, this is not reddit.

i just realized momobitcoin already delete his ranting post.
call that anger management

could we continue, please...

how come?

ehm,
i was so thoughtful and even googled the term now to see if by any way the english meaning was too offensive
(didn't know something like this exists http://en.wikipedia.org/wiki/Vulgaria)

well I related to this one:
http://www.youtube.com/watch?v=OBt-nirXQDE

could we go on now...

just in case somebody missed it:
    
we're going to be discussed at the world bank 6/14
https://bitcointalk.org/index.php?topic=232950.0


looks perhaps like some days of negative media coverage will follow?

wow 112$ already.
well somebody pushed that price up really hard.
just in time for america to wake up and rally a little bit.

because of recent news about problems with withdrawal of usd?
or what do you mean?

thanks...
so the fastest way to get your dollars out of gox is...buying bitcoins and selling them on another exchange with faster withdrawal???.
didn't we have that problem with gox withdrawals already some weeks ago?

oh...i've thought i ignored you big bad bear already

i know your attitude and i have to admit that it really smells fishy when someone pumps the price 2$ up just in time when US wakes up.
perhaps we'll touch 120$ today but it won't be sustainable when dumping begins.

i don't know what to think of this.
imo at some point gox has to figure out a solid way to handle these situations in the longterm as they are still the biggest exchange and
surely want to keep that position.
gox will soon have a better trading engine but they could f**k that up quite hard if they can't get their bank account problems under control.
by comparison every other exchange right now would surrender with trading higher volumes plus struggling with ddos-attacks.
if it takes such a drastic procedure to make fiat withdrawal/deposit more solid i hope gox will really run more smoothly afterwards.
but...it's still gox being the king of goxing after all.


edit: what really concerns me is the absence of cashflow of usd to gox for at least two weeks as deposits are affected in the same way as withdrawals right?

ah..i overread that part of goxnews.

it's getting interesting

i love it how your user pic mirrors the satisfaction in your comment

i don't know if you can count on this, but slovenia has left-wing government right now with a female minister at the top and following her statements in the media,
she has a savings-program which is started already before eu commission starts to seize any bank accounts.
on top i suppose the nationalized banks would come first if this happens.
cyprus was another case - an island with very small economy and blown-up financial sector due to their role as a tax haven for greeks and people of other european countries
- even russians had accounts there)
slovenia and its role as a country is another thing. The european commission will pump money in for quite some time before they start seizing their banks.

that's just me talking stuff i read on german newspapers and saw in some documentaries ,
but imo slovenian banks have at least half a year and you will smell the seizure months away in the news before.
(in cyprus they let the seizure get to the news directly before a weekend, so there was lesser slippage)

i would rather be more concerned about bitcoin regulation in europe in general.

yap, germany. buy most of my bitcoins at bitcoin.de and trade on gox from time to time just for the fun of it.
so gox is more for my passion for gambling and i enjoy the show everytime .

complete TA-newbie here...just one question:

can somebody define how deep/long that handle should/can grow (in case one can call that a cup there ) ?
until we go upupup of course

well....never...depends on how you set the factor of time


i related to that one and just wanted to hear some more armchair TA

is that a handle?

ouch...yea...I better stick with my amateurish trading based on pure emotion

Is that gox withdrawal problem really such a big thing.

they have some time to figure out stuff with tax authority and bank accounts.
then they fire up their shiny new trading engine and everything's back to business.
can't it turn out that way?

sure it's gox but every other exchange has to walk this way sooner or later.

edit: sure there are a lot of people (miners, daytraders etc.) that need there fiat regularly for living.
but midterm to longterm I really don't see a big problem

first expression i learned on this forum was what it means to "be goxed".

yep, bitcoin foundation news make the rounds in the US.
time for test of double digits until this evening

i tried to phrase it as bullish as i could

+1
with "we" you speak of a small part of society that is well educated, aware of recent political and social changes
and thinks outside of the box and starts action at some point.
sure we can...but only if our ideas get some kind of mass adoption. and for that john doe needs to loose parts of his warm coat of consumption that constantly keeps him distracted.

still some days left

felt just like a hiccup during my evening read through the blog

doesn't quite fit the subject, but however i have to throw in that article
as it's a very interesting read about Hawala - an old method for trading money (that roots back to the eighth century)

http://mkshft.org/2013/07/thin-wire

jep, it seemed to me like a human peer-to-peer financial system when i read that article.
that's still the big question mark for me how authorities would react if this becomes more common.
right now authorities in europe try to get more hold of  tax evasion (like in suisse, luxembourg or liechtenstein). at some point btc will be adapted for such procedures when people need new possiblities for avoiding taxes or laundering money .

+1
most of us see btc from the 1st-world-perspective. it could be a good tool for such countries in many matters in the future, for example as a currency within a microcredit-system.

wtf...everytime i go fishing and i miss all the action.
last time i got my bids filled in the morning and could luckily sell at the bounce,
will it be same this time at 65 and we go back to 70 tomorrow?
my gut feeling tells me 50s on monday to be honest.

yesterday price was pushed up from 73 to 83 in 5 hours.
perhaps that happens once again.
let's see what the whales have on their mind...
(http://www.youtube.com/watch?v=4LLbQ7WDh8c)

lol
history repeats again...


edit: or not...bouncing time already over

only the whales can really decide when to call it a bottom and begin to buy in at some point.
the sheeps will follow their leader.
at this point you can only try following patterns if you want to trade.

People are known for their love of numbers so i see 50$ as a good psychological bottom,
but that's just my 2nd beer talking right now

the question is if he's spending or holding his profit inside the economy to push the growth or if he cashes the fiat out like winning a sportsbet and spending it on hookers' n' blow (or some oth. hedonistic stuff )

funny thing at this point is that pure swarm intelligence based on faith in some new currency will decide if we will see more growth in the market around it or not.
as long as traders don't realize that with possessing bitcoins they have the power in their own hands to build a way for more adaption and bigger marketshare
which results in a more constant uptrend of price, as long will we see the volatility and the bubbles.

imo btc is a stock for an absolutely amazing idea and when you keep its worth inside its own market without cashing it out (unless you need fiat for electricity bills, buys for mining equipment or basic needs)
you can give the whole economy more power to become what it's all about...

...an accepted and stable global crypto-currency backed up by a big marketshare and giving everybody the possiblity to transfer value to any person on any part of the globe.

what's it all about when everybody invested fiat they don't really rely on in the first place?
(despite some true believers that really build the ground for more adaption)

edit: sorry third beer kicked in...aaaand it took 20min to write this ...and I switched into believer-mode during writing  
ergo i can't realize if i wrote nonsense and i stop drunken posting for today and go out drinking more to find out where that bottom is tomorrow.

and i really like that bounce at 70

wait...what timeframe are you estimating.

perhaps again another off-topic post (1st beer but no fishing this time),
it seemed to fit in the context:

one way for btc to become attractive for any big company is to get its own role as stable independent payment for all kinds of web -related services
(media, tipchar possibility for artists & kickstarter projects, shops for alternative lifestyle, fairtrade products
...would be good to push it with the fairtrade argument to hop on the new greeny train (with solar mining of course )
...some nice ads
e.g.: "What currency costs more blood - btc or us$? you have the vote in your hand!"  
power to the people and so on like an extended arm of SR  

At some point no big player could deny the sheer buying power it represents as a movement.

when amazon started their own coin for digital media i found the strategy really interesting to make a customer dependent
by luring him into a currency that can only be used to buy products by this specific company.
shortly after i heard rumors of apple planning also their own coin for itunes (patent for imoney  )
(i think it was that article...not sure though where i read it: http://www.coindesk.com/apple-to-create-virtual-currency-imoney/)

it's like they give virtual value away (weighed up by what is the question? fiat? ipads?...yea now for sure but in 10-15 years?)
to buy a part of their own client base and this is much more cheaper than taking any credit from a bank or paying dividends to shareholders,
and they know it's their cash in the first place.
With the flip of a coin every single person could decide to which company they give their fiat...and get some goodies in return

i wrote that some time ago and my theory is perhaps a bit off but it's like switching the stock market around to the consumer side
and every company could in this way literally "buy" shares of the the mass purchasing power as long as they can bait with treats.

sure that could be one of many ways how cryptocurrencies will evolve but the more i think about the more it seems possible how economy could integrate that tool into society and its market.

best place for btc would be to really represent a backup like virtual gold...
but for that scenario 1st world would need a hell of a depression.
therefore the story could also begin in smaller countries with huge inflation.
...
who knows

btc will be used and formed by society and economy depending on their conditions during phases of history...
(=highrisk-investment during times of crisis?)

excuse me for the monologue...got bit philosophical again give me a hint if this theory is way off ...time for a shandy

edit: thanks for
...overread that one

2nd edit: shit missed discussion by one page

sure right now everything's speculation.
btc is a cripple kept alive with a mining sector, drug money and some nice punters and sometimes she gets beaten up by the FEDs or some bear takes a dump on her.

but i wouldn't be too sure that we will have only speculation and mining in one year from now...there is a market growing.

edit: even if it's just the drug sector. users are good customers

i wonder how high the fees are?

wall moved up to 75.35, or was it there before.
just started watching the show for 5 minutes.

edit: yea it got pulled

thought about that too. best way to avoid too much slippage

someone clearly needed some fiat fast.
could be speculation by whales or some miners in need of cash without hurting market too much.
price was propped up good before to avoid slippage after the selloff.
without that we would have went down quite hard.
i'd tip miners...but that's just me talking

how do you know?

i haven't said that's an explanation for every dump on the market, sure there are often other reasons,
but miners have to pay bills and companies for hardware and what other way is there to get fiat out without least slippage?
steady selling of lower amounts would be more devastating imo.
the only language right now for btc to learn to communicate in the world is fiat.

eventually i was just speculating I can be totally wrong on this one,
but I'm sure not every dump is purely driven by manipulation. economy can't rely only on btcs to grow.

ready for round two 

but isn't btc like a wet dream for any daytrader.
it seems like a good opportunity for extra income if you know what you're doing.

is there a site that shows a history of previous walls?
i didn't recognize  that one on bitcoinity, but it's on my second monitor so perhaps i missed it.  

it would be interesting to have charts that display the current wall situation at every time.
market behaviour and patterns/strategies  of manipulation could be analyzed very good in that way.
as i'm not too gifted at maths (lasts for some basic trading ) i have no clue how one could illustrate such charts though.

yea sure, but chartbuddy does it on a very short timespan and in 3d.
i meant more a chart where wall situation is integrated in a 2d chart over a longer period of time.
perhaps this is bs as i'm not sure how that could be displayed in order to get some useful information out of it.

it's a neat gimmick for this thread to get an update on recent wall situations, but i'm catching myself often not even looking at it
as i have all my info in realtime on another monitor

and the more i think about that chart... perhaps time can only be integrated with a third dimension.
i just wonder if there is a way for displaying a more direct and obvious context to market evolution.

yes i know that one, but i got disturbed by it some minutes ago during the whale fight.
wall was still there on bitcoinity while it had already disappeared on this site...refreshed both sites constantly but even price was different for some time.

is http://trading.i286.org/ more accurate and recent with the stats or bitcoinity?

edit: there's no way to see price history there right?
2nd edit: nevermind, could barely see it on my screen.

just found out you can display a trade line, but the yellow in light version isn't really visible. (dark version is better)

after staring constantly on software and charts with dark interfaces the whole time i always like some inversion of colours.
feels quite refreshing for the eyes  

thanks...looks much better now

 

i had drunk idea some time ago to compare longterm data with a reversed decreasing wavecycle of a drop of water into a sea with flat surface,
but i only found graphs of constant wavecycles on the web, so i forgot about it.

...as you wish

yep...reminds me of that idea i had some months ago of feeding the data directly into some game-engine (perhaps unreal or cry engine). i dabbled around a little bit, but soon realized i don't have the skills atm...i'm more from the modeling/compositing section and have very few knowledge of programming in engines.

i wonder if we see another dump or that wall finally gets some nibbling

lol, that look

mr. 80 getting scared? wall shrunk by 2k in the last 10 minutes...
did that also happen before the recent dumps?

jep, coins were just added at 82.5 and 85

good summary of recent news
https://bitcointalk.org/index.php?topic=253080.0
although it often seems like bulls holding onto the thinnest sticks during downtrends.

another interesting news is regulation of btc in germany: no taxes on profits if btcs are held longer than a year. (which feels very difficult to me, how to proof duration of holding is another story)

just looks like a red carpet was rolled out on bitcoinity...
only 2K admission charge and welcome to the rollercoaster through the nineties.

edit: i don't really believe this can't go on for too long before we see dumping back to eighties
it just looks unhealthy ...and bitcointalk refreshes slow as shit right now?? at least for me

2nd edit: site up again right now

mpesa wallet news were really bullish, officially it has a userbase of 14 mio people.
That's not half as bad.

but still totally constructed rally.

edit: 2k dump as i write

why does http://trading.i286.org/# show a 1.8k wall at 87 while it's not showing on bitcoinity?  


edit: nevermind now it shows, but really felt like a deferral of more than a minute

bears...
but i just realized I mixed up my gif library and uploaded the wrong one. (gifs with eating bears are hard to find)
need to get more sleep

i'm 30/70 btc/usd right now, because i anticipated some whale crashing the party like everytime in last month.
so now I'm thinking about watching/waiting and chewing over when to buy in again.
i stumbled upon 25 June and can't remember if there was an explanation on this forum for this again?
was it a broken trading bot? more than 45k buy and 20k sell during this day is really strange
don't want to boost the tinfoilusage, I'm just curious
any infos somebody?

nice...2k wall put at 95 directly after breaking through.

during last 30min 12k or am i reading it wrong
http://bitcoincharts.com/charts/mtgoxUSD#rg2zig30-minztgSzbgBzm1g100zm2g25zi1gMFIzi2gRSIzvzps

edit: wtf...there was big red 12k candle there....i really should go to sleep.....

sorry...clearly I'm too tired now...

i suppose he wanted to point out, that the three big buys happenend in nearly constant intervals?
you can watch that quite often (saw same thing last month, some whales seem to like regularity), it's nice to recognize but i wouldn't recommend solely relying on it.

according to whale's schedule next buy could come in about half an hour...or not...

whatever i don't buy that whole thing...whales drove us down and now they lift us up within 2 weeks...and they surely made good profit from it.
so why not drive us down at 105 to 110$ again?
you can just surf the waves or stand aside and enjoy the show while holding your stash.

sure, i would do same thing. put some coins aside and multiply your active stash.
hats off to the whale/s who manipulated market down and up during the last two weeks while taking advantage of the popular beliefs during that phase.
first everybody expected a correction and later an overdue upturn because of bullish news.
perhaps we would have seen 50 without these news. you can't manipulate against the sentiments of the masses...then it's really gambling.

it's better to shake the tree during windy times because everybody's expecting it to go that way.

So much I like to believe you but in the last days bearish discussion seems to spread again and many are expecting another slide down at least in the short term.
and now you're again throwing that number in  .
A little more argumentation on your perspective would really be nice.
my 50/50 position feels quite good right now...no important decisions to be made and I can relax and enjoy the show from the sideline
whatever...
yeaah 180!!! weeee....

is that your prediction or adam's? (haven't read too much through this thread during the weekend)

oh didn't know the cult of 180 is spreading...
very good...soon we can  found our own religion.

by the way did anybody know that the vomit of a whale is worth more than gold. 

so payout to shareholders will start roughly in 12 hours and market is already getting in the right mood?
there is no particular date mentioned in the statement, so when will the coins be payed out precisely?

I'd consider it a good case if just 5 to 10% of these coins are dumped but I suspect it will be more with the herd following the trend.
Just depends on the shareholders how much they reinvest in btc economy (AM-share price already gone up a little)
and how much they hold or cash out.
(imo it's not unrealistic that a lot will reinvest because that's what they did in first place, right?)

well nevertheless i foresee a red candle party after the payout...please correct me if i'm overestimating the effect of this.
I'm not sure how to estimate the regular s.dice-shareholder and his behaviour , i hope he's a longterm investor now looking for other possiblities.

Another question is if people that want to cash out quick really go to gox and wait forever for their money or if they sell at the other exchanges?

yea perhaps for today, but this dump happened before the payout.
(or did some shareholders already get their coins?)
really doesn't look good for this week...hmm my arms are getting furry, hands and teeth are growing bigger...nooo not again
 

just a little question:
Is there a possibility to see how many people are logged in at gox?
Or are there at least some statistics with daily amounts of logins? (although perhaps traders with their own software won't be listed there)

thanks, i never realized there's a counter for connected users at the bottom.
But that's just the users watching bitcoinity, so there's no way to find out about connected users at gox?

  i love that.
make a 10min version of it and put classical music in the background...("claire de la lune" by debussy)
call that art! 

edit: what would be really cool if somebody put the current value in some corner.
then we could have even a ticker at the top.

could you program chartbuddy's script to show the current price in the middle at the top?
Everybody's looking at bitcoinity or oth. sites to check price, but for animation and historical purposes it could perhaps be a nice gimmick in the future.

wow, i don't even understand half of what is written there  ,
perhaps a cpu won't become the ultimate mining chip but to even implement that feature is really interesting.
Especially in the future when the goldrush is over and it's all about the network for transactions.

i haven't followed markets very much lately,
so sorry if i missed a point there.

are we really going only up because people can't get their fiat out of gox,
or is there a connection with the inside bitcoin conference today in New York?
Are there any other bullish news?

i wouldn't say that news don't matter. From time to time they play an important role for herding behaviour.
Often it's like some tension building up and being suddenly released by some big whale moving his fin.
Not too long ago market sentiment was very bearish because of the whole regulatory question in the news.

sooner than you'd expect it 

i don't want to take side in whatever you two have going on.
but everytime Blitz is posting i expect a quote from you just because i got used to it.
the hero member status is by no means a badge for complete reliability, but it's good to see the perspective of people that are around this place for such a long time.
When I read through your post history with the ongoing fixation on Blitz and take the time in consideration you registered here...

after all this is a speculation thread so you don't have to take every word with a grain of salt.

no, not again this chart.
bears ran out of arguments or what?  

at basis this chart is perhaps good but it doesn't reflect the different circumstances of btc.
We are not even nearly in public phase. Institutional investors?
ehm not really, winklevoss twins are trying to be one perhaps?
If there are any other big players they haven't thrown out their name in the media until now.
more will come after regulations and problems with banks are figured out, everything is blurred by these subjects.
this chart relys solely on data from stockmarkets or am i wrong?
everytime i speak to people on partys or somewhere else nobody has heard nearly anything about virtual currencies.
(some tech-savvy people read about it but most didn't feel like getting into it)
people in this forum need to realize that they got so used to bitcoins everyday in their small bubble they forget that we still represent a minority
and perhaps not more than 1 of 10000 people of society has even heard of it. (don't quote me on that, i've never seen any statistics)
awareness will rise when fiat value will become more questionable or more crisis occur. john doe can't be forced to his luck, he must learn the hard way.

in combination with the phases this chart is used way too early.
Just believe it, we still represent the smart money!

we have new moon right now, so nothing to howl at,
but nice to see the rare occasion of some evening/midnight pumping. (somebody needs to check that astrology chart )
what a good start for the new week, always feels like a refreshing treatment.
perhaps another test of 110 around wednesday...
who knows?
i love summer time, gives you that buddhistic approach to trading

buy buy buy!

nope new moon in one day.

edit: at least in europe...i'm too sleepy right now to figure that one out with other continents.

nevermind, just got me twisted after second beer to smoke a cig on my balcony and blink to the nightsky.
 

i'm not good at TA in any way, i just recognize some stuff from time to time.
but when i see this



and this



i wonder if we already broke out of the shoulder phase, or if 110 is the neckline
...or if there isn't any connection at all to this pattern and i should stop trying 

ah those damn whales haven't done their TA yet 

you sure it's not 180? 

no need for nit-picking...

buy buy BUY!   

reminds me of some user that posted a screenshot of btccharts.com some months ago,
and right in the corner a chat window was open with discussion with someone named "satoshi".  
could be a hoax but pic disappeared as soon as some other user told him the mistake.
nonetheless always have some tinfoil by hand when reading this thread.

besides this forum is still the central place where most of the early adopters are bustling...so seems logical to meet a whale from time to time.

you could push your performance to a higher level if your spelling style would correlate more with your avatar.  

i wonder if this will change with the new trading engine...

edit: looks like lags gone now
2n edit: nope still some seconds 

this is really interesting.
transaction volume is relatively low http://blockchain.info/de/charts/estimated-transaction-volume
trade volume in the meantime is nearly as low as before the bubble http://blockchain.info/charts/trade-volume

(by the way is there a chart solely with trading volume on localbitcoins.com?
I'd love to see the volume there in different countries)

could be a sign that economy around btc gets time to catch up with more transactions on smaller volume,
while big exchanges take some rest?
not sure though if that's the right conclusion to draw... just my half asleep approach where i may have mixed up some things

sure, m-pesa and kipochi are not directly connected, but from what i read, kenyans get the possibility with kipochi to transfer value via btc across the border while m-pesa can only be used inside their country.
the kipochi to m-pesa service is handled by a third party company though.
I haven't read anything about this thing since it was anounced, but it will take more than some months until this gets going.

those two addresses there are a nice find, but they seem to be used only for gambling at SD. (ergo most of the transactions should not appear in first chart by solex where SD is excluded )
so minus SD transactions that's roughly 150-200 transactions between the two addresses per day...

about that chinese guy...just found this (probably you already know):

guy spams the blockchain by sending 500BTC back and forth
https://bitcointalk.org/index.php?topic=197775.0

for me too.
use http://trading.i286.org/
it's much more faster for watching walls.

what's up with bitcoinity not refreshing the walls?
still shows 3054 btc at 105 for me,
while it's less than 1000 on http://trading.i286.org/  

edit: kay now it's back again

  i just imagined how that phone call would sound like...

"So we recognized some abnormal account activity recently. Do you have any statement to clarify this?"

- "Why not?..."



i wonder when state authority will call me because of the transaction volume of my wallet. 

good strategy, they bore us to death until we get tired of the whole game

  made me think of this guy

also took me some minutes until i remembered his name 
your avatar is from "day of the tentacle" right?
*sigh* yea the good old times...

guys it's time to send your trading monkeys back into the jungle...

Behold, here comes BTC Robot by the FAPTurbo Team  (that name )
http://www.thebitcoinchannel.com/archives/20150

really? but it's made by russian programmmers, so it must be good  


hu...that line sounds familiar to me
perhaps you should start trading the robots instead of letting the robots do the trading 

edit: how can you not trust that guy?

nope (that was before i registered), but just read about it in the forums.
i can't believe how somebody can fall for such things.
perhaps every bubble washes up more people that are desperately looking for a promised profit after having a loss at first steps of trading.

when i look for information on their z-code system for sports betting on the web,
i have to say this FAPTeam knows how to properly promote a scam.

hmm, is this worth a thread to warn people or should we just wait until they start promotion in the forum?

given the date you registered here I can understand that. You must have seen a lot of this shit over the years.

 
just read that for the third time now and it still gives me a laugh.

i wish we had a btc donation button under the avatar in this forum

or more like



 

thanks....friday evening, watching soccer and drinking a beer after I finished a 2-week-assignment.
i love that feeling 

don't know if that's a good idea at all,
but could chartbuddy display both exchanges side by side?

i think he feels lonely and needs a chartbuddy  

although it could become a bit chaotic in here when there's too much action...
then we could perhaps split thread again.

edit: i admit i have this idea out of pure convenience 

i mean you're even eating my popcorn now and nothing's happening...
have your transactions already finished to load up the cannons?

i think i see a pattern...

edit:


....sorry i'm in that overly funny morning mood...time to get some coffee

i'd love to see him perform a whole page of discussion with his twin brother Jaroslaw but that's perhaps too hard to pull off.
would be a nice paradoxon though. 

oh really? now that you say, hell they even have the same user pics....  
...
thanks for explaining, captain ovious.  
that's why i thought a little schizophrenic conversation could be quite amusing
got to give that guy some credit for his performance.

since when is it difficult to get btc out of gox? did i miss something?
or is that a prediction for the future?

thanks for the update
Seems to be some few temporay cases, i withdrew some coins yesterday and had no problems at all.
If that gets common, gox (with us inclusive) is totally screwed.


yea i miss him...still wait for the moment that he's quoting his alter ego...that would be the coronation of the roleplay.

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

i read a german newspaper article yesterday which stated NSA even paid money to several german software companies for implementing backdoors in their observation tools that are sold to countries in the gulf region and other dictatorships around the world.
not sure though if that was just some exaggerating journalist or if it's a fact.
After that guardian article I wouldn't be surprised

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

yea as a foreigner i can't help to ignore these rotten points in your country, i see the same stuff in german policy.

[rant state=drunk]
assemblymen in germany still can't be sued for obvious corruption because of immunity. There are 4500 lobbyists for 650 politicians in Berlin
despite false electionpromises for tax reduction for working class
she made a lot of laws in favor of banking sector and energy industry monopols...after she had a birthday diner with Ackermann (at that time manager of biggest bank in germany)
and managers of the three biggest energy companys (a week after her election!?!!) .
she doesn't even try to hide her sockpuppet role for economy.
Feels like a german continuation of Thatcher era for nearly a decade now.
fuckin' ridiculous how she runs "politics" while society sleeps in an uninterested apathetic coma.
sorry, but sometimes it needs to come out...  
[/rant]

I'm always stunned how that style of lobbyism scales up to an alarming level in US.
e.g. Monsanto is like an attempt to get a hold of the worldwide production pipeline of vegetable stable food.
Global centralisation (= attempt at more than 51%) no matter in what market is simply for the disadvantage of the global population.
same prob with big IT companies in US, centralize use of tech and software -> centralize userbase and observe the networks

that russian lobbyists article is like the cherry on the cake ...at least they can watch their own tvchannel in the american hotel lobby  
it's always the same power game that finally peaks in the UN security council

i hope i 've performed well as an ignorant foreigner  

i must say the 2011 riots in London felt like a sign. reminded me of the riots nearly every year in the banlieus of paris. (always started by some police violence)
it was the first time i saw the dark side of social networking resulting in a massive violent flashmob.

edit: sorry for OT, I'm not even trading right now....
just stopped by for a little rant and waiting for my deposit to arrive at bistamp

from what i remember it started with a policeman shooting a possible dealer from a streetgang, then some demonstrations followed and triggered by the usual suspects (probably members of streetgangs) the brew started to boil over.
I know that there was no ideology behind it, that's why i used the term "violent flashmob". (sounds perhaps a bit off, but i though a lot of kids organized themselves via networks)
I saw the coverage of kids robbing wounded people instead of helping and middleclass kids stealing stuff they could have bought in the first place. (afterwards they couldn't even explain why they did it)
totally disconnected human group behaviour without any sign of social aim. (despite citizens building vigilant groups for security because of the lack of police forces)
To a certain point though it's an indicator for the spread of the gap between rich and poor and that tension sometimes channels these break-outs.
I'm not sure though if army with life ammunition would have been a good strategy for inner security. (ok I admit, german point of view here, government has a huge amount of police riot forces at hand)

edit: 2nd OT....i should go to bed now

this.
I'm not familiar with the current volume of sales on SR.
But from what my flatmate tells me about his student life, word of btc is spreading exponentially at his university since april. especially in the several subcultures with a tendency to drug use.
SR doesn't even represent 1% of worldwide blackmarket and the provided feedback option gives consumers the possibility to be much more safe getting decent quality instead of depending on the little dealer at the corner.
I don't know how governments will handle this but I'm sure that market sector will grow easily by more than 200% within the next years.
Even if govs attempt to take action, it will become a cat-and-mouse game similar to sites offering pirated material.
  

nice...some more companies of that caliber jumping on the train in the future and Valve will realize that they get a young and spend-happy target audience handed on the silver platter when adopting bitcoin.

I recommend a subscription to adam's bitmovements newsletter.
It gives me a well-balanced sentiment of deep and omnipresent bullishness. almost feels like trading in Zen mode 

when was that? I only know the 180-Adam.

jup, i probably chose the shittiest point in time to get into the game. (bought first coins some weeks before I registered here and then it was exactly on my birthday when value crashed down to 50 )
got properly burnt several times during the aftermath but the dip in July helped to get back on track and by listening to the right people in this thread I even made a small profit.

*turnsonminelight*
well then, time to go deep down into adam's archive to find more evidence for bearish mutations in the past. I hope I don't get lost in there.  



this "Zen-like" state is without any emotions but only a confidence that next rally/dump will come anyway and only some whales will decide if it goes ok with their charts. (perhaps i just got used to watch from the sideline and hold lately)
to be honest I find betting on sports games more predictable than development of btcvalue atm especially with the deformation of gox' withdrawal situation.

sorry for OT, but i think it's an egyptian mau  
quite a rare natural breed, only 6800 registered since 2006


http://en.wikipedia.org/wiki/Egyptian_Mau

i just scrolled through a lot of catpics and found just one existing breeder in my country. (it must be really very rare to find)
that's the most elegant and beautiful race I've ever seen.
sorry for your loss, must haven been an interesting experience having such an animal by your side...


...what am I doing here - i am talking about cats in the wallobserver thread....i have to delete this stuff tomorrow


ehm I meant....1h chart looks quite bullish, inverse hammer forming....
time to rally a bit up and test 140 again

i hope this sounded kind of right

how big is this? I never heard of secondmarket before. Good sign though it's US and registered with SEC so they should have figured out the legal stuff.

yea, already read that. I was more looking for any current figures.
that wikipedia article is quite old.

only found some interesting reviews of former employees:
http://www.glassdoor.com/Reviews/SecondMarket-Reviews-E432167.htm
and this article
http://techcrunch.com/2013/04/25/secondmarket-confirms-layoffs-to-have-leaner-cost-structure-become-break-even/

ehh...really sounds perfect for bitcoin  

edit:
http://www.inc.com/eric-markowitz/second-market-second-act-sec-ruling.html
http://betabeat.com/2013/04/layoffs-at-secondmarket-barry-silbert/

my first station to check would be this thread:
https://bitcointalk.org/index.php?topic=179586.1640
it looks like there are delays in withdrawals with every currency (usd, euro, even some mentioned btc).
more a question at what time you call it a delay.  
standard waiting time for euro seems to be around 20 days to a month, but it's gox so i wouldn't count on it.
perhaps we should make another speculation thread on that subject...

you're hanging upside down, how are you supposed to get your cock sucked in this position.
Too bad, blood gets stuck in the middle and flows right back to the brain  

you shouldn't regret the past, but look into the bright bubbly future that is about to come

The Bitcoin Club
Adam: This week, each one of you has a homework assignment. You're gonna go out, you're gonna start talking to a total stranger about bitcoin...You're gonna tell him it's going big and his cheap FIAT is worthless in the future.
[montage of Bitcoin Club members trying to talk about bitcoin]
Narrator: [voice over] Now this is not as easy as it sounds. Most people, normal people, do just about anything to avoid thinking about the financial system.

 

i planned on watching soccer, but this is much better  

good old chartbuddy is back at the right time!

had same thought some min ago. now btc could seem much less shady and more "controllable" to public and "serious" business can catch up

well, yes i'm grinding my teeth not having any coins at gox. now i'm waiting for a transfer of a little gambling stash for more than 1 1/2 hours  

like alcohol?

it really depends on how and what drug you consume. Many drugs have recreational purposes.
And because of the decade long prohibition of cannabis and other drugs a lot of really ill people still have to depend on the pharma industries' stuff with lots of sideffects.  

kudos to that bilateral humour  ,
last episode is sitting on my disk ready to watch, perfect for closure of an exciting evening. 

from an economical standpoint the impact isn' that hard. i read in one of the SRbust threads that only about 10% of monthly transaction volume came from SR and I'm quite sure not every buyer used gox or bitstamp.
SR was a good opportunity for the first wave of worldwide spread but economy has grown up and is so much more versatile today.
I'm sure decentralisation in SR's marketsector is a good sign in the same sense as gox volume is slowly evening out with other exchanges.

i'd still be surprised if this short rumble is already over until tomorrow
this is such a perfect situation for a whale to have some fun...

perhaps a totally dumb newbquestion:
bitcoinccharts down for me, and according to
http://data.bitcoinity.org/#ccbcdfdfaa
we had 175.000 volume  
while
http://bitcoinwisdom.com/markets/mtgox/btcusd
says 100.000 (or doesn't V: stand for volume in this case?)

any other reliable source?

sorry just corrected...too much beer  

edit:
still where comes this huge difference?
http://data.bitcoinity.org/#cckcdfdeaa
says 80000 for bitstamp. (perhaps site is still in alpha status...  )

for lagwatch i find http://trading.i286.org/  most useful

go china!!!

get ready 

don't want to interrupt the discussion...
but ohlala, btcchina with personal second largest daily volume of all times.
this looks promising, chartbuddy could need an asian companion at some point in the future


china finally fed up with chewing dollars over and over?  

let's burn that snitch!

good morning china

lol meanwhile bitstamp is facing a massive 2,5k sell wall

 , i just woke up, went straight from bed to logging in at gox, prepared some tea and when i returned it crashed down
and now already rallying back up.
f*** that, got burned too often in this mayhem...time to grow some horns, just hold and watch the show.


this one is for adam




anyway what's going on...only one rocket pic since rallying...lack of confidence or where are those bullrungifs 

when I see the weekly charts of gox/bitstampt/btcchina it looks like it's just starting to bubble up

and ripple goes to the moon, right?

huh, well didn't know that, call me surprised...will follow news about ripple a bit more attentive from now on.
but personally, i don't like data kraken google being directly involved in any of my online financial stuff. (sounds like a very bad mix)

china above 1200 CNY

+1

@shroomskit: is your avatar pic deliberately showing self-mockery or just a coincidence?

fbi could sell seized coins...

at least gox has a decent trading engine this time when things get hectic.
I wonder how bitstamp will handle the panic with the high volume.

come on china, time to catch up...

how much was april crash influenced by goxlag?
i haven't followed it live at that time.

lol
so your posting hourly about coming crash (11 posts in a row . must suck to be wrong so many times (while looking at slow-mo ripplecharts).
why not do your own crashthread with nice pics (dead bulls and such things)?

by the way your ignore button got icterus

could the same happen at bitstamp? how good is engine there? during silkroadcrash i saw significant lag from time to time (5-20min, resolved within minutes though)

his antagonistic half is probably getting the euro-cannons ready 

posted before but deleted it, because i said it many times.

SR is gone, sheepmarket and BMR seeing exponential growth. (AFAIK from people buying there SR merchants simply changed marketplaces and do the same as before)
Ullbricht in the media worldwide was cheap advertising for new consumers to learn that you can buy high quality stuff on the TOR network.
pandora's box opened and hdyra is growing more heads.

this is bullish news for adaption of btc as a blackmarket currency. (if that's a good thing is everyone's own decision.)

not really bearish, DPR case was also good for showing broad masses that there's "law and order" in bitcoin world.

perhaps a bit off, but comparison to filesharing comes to my mind.
when napster suddenly was in the news, a lot of people were worried. then p2p and torrent started (kazaa, emule etc).
and now look at it today. the sheer mass of people sharing stuff via filehosters or torrents is ridiculous.
It became nearly an accepted situation now and authorities only going for the places spreading the stuff. the "megaupload"-case was the last huge thing there, still nothing changed.
Artists already realised the huge potential reaching much more people than via common commercial channels. (good quality simply spreads gloablly and attracts new customers)
Companies of course see their economical standpoint endangered and try to fight it. shitty stuff will perhaps be watched but not paid for by viewers.
at some point artists don't rely on contracts because if their product is good it will find its fanbase. (eg vince gilligan said in an interview piracy helped to create the cult status of "breaking bad")

i'm not using drugs (grown out of it - it was funtime though), but i find this system much better than consumers getting in danger buying shitty stuff on the streets they know nothing about its quality.
just my personal opinion here.

bitcoin will face a lot more bad publicity in the future.
it simply fits too well on the dark side right now. people can use it as blackmarket currency, for money laundering, fraud and lot of other stuff.
this is not pretty but society integrates btc as a tool for whatever it's useful and that is to a part the illegal stuff.
at the same time there's a lot of potential as the future global currency for digital media and web services.

internet is about a globally connected world. it's logical it needs its own global currency.
if btc will be that...nobody knows...but it's the first big step in the right direction

always two sides of the coin. (internet is also used for communication by terrorists, pedophiles, slave traders etc)
humanity is what it is...with all its beautiful and ugly facets
ergo it uses neutral tools for every possible good and bad purpose.

thanks for the insight. my infos just come from consumers so I don't know nothing about merchant side.
i still think this will get stronger in coming months. perhaps depends on variety of products (just saw your cigs offers on bitmit).
SR shutdown was just recently, markets will decentralize until one site will get monopoly status again. it will take its time, but not a year imo (demand too high).

i think for the disruptive effect btc is representing for the current status quo of financial and economical system she's doing quite good.

Big companies not supporting because they profit much more from current system and already have a plan in their drawer for starting their own currencies in the future. (Apple, Amazon etc)
global community has to do it on their own. (if btc-code would have been patented instead of open source, we wouldn't have heard for decades about it)

this is also my answer everytime i hear the drugterm:
yes you can buy drugs/weapons/pedostuff, but you can do the same with fiat in the real world and it's even less traceable. (either way it can't be completely prevented)
as i said before, there's nothing one can do about this evolvement, it's a two-sided-sword.
internet is about freedom of speech and information for everyone and bitcoin about freedom of market without direct involvement of the banking system.
bitcoin is docking in economy where its advantages are most useful and unfortunately this can be a lot of illegal stuff atm.
society is currently not ready to handle the versatility on a wider scale and it will be a funtime to watch how things will turn out.

like a toddler figuring out the conducting benefits of gold. At first it's just a shiny rare metal....

kay i'm stopping here, too much OT for observer thread...

i can't recall how often my +-3% alarm went on during the last days
this stock exchange bell sound hunted me into my dreams.

eh..sorry i'm drunk and my golden ticket for friedcat's hashing factory at AM thread was the point where i had the epiphany that i probably better stop spamming the forum and call it a day.  
but as you asked for it here's the thing in action:
http://www.youtube.com/watch?v=W3GiEGPm-Ws
and some more info in case of interest, being a salesman for this thing must be funtime :
http://www.sanwegroup.en.ecplaza.net/9.asp

+1


although it's quite hard atm to sit with fresh fiat at the sideline while watching value slowly climb up
my brain says no because i got burned hard in april buying at this level (well not from today's perspective  )
on the other side my coin addiction tells me not to miss the train to ATH.

...wait or not to wait...that's the question

please somebody give me a "BUYBUYBUY" to release this tension.  

lol, while writing i realized how my impression of being burned came up only because of panicselling at a loss at that time,
and is obsolete now from current perspective  

i just don't want to have a dejavu in some months asking myself why i bought at the top again.

nice analysis...describes exactly the position i'm in right now.
Fiat at stamp, btc at gox...and just hoping for a dip before rally continues...
i'm sure a lot of new accounts were registered at stamp after all the positive news lately. (is there a source for this number? haven't found any info on that yet.)

is this what i get for clicking the unignore button, because i got a slight wave of inner acceptance during these rainy autumn days?
Tu as attendu qu'il n'y a quelqu'un dans cet fil qui parle francais?
pour ecouté cette style du hiphop il faut avoir gôut très mauvais et un problème d'agressions sérieux
Avec les mots de cet clip du rap:
Baise tes putains ripples et suce la chatte de btc!
Qu'est-ce qu'il se passe avec le bien hiphop âgé? (http://www.youtube.com/watch?v=sU66neLSfHQ&list=PL46CBCED3E12BDA50)

please stop quoting this guy.
that french rap video was the peak of trolling. (maybe i should translate its lyrics then suddenly people would realize how offensive that was)
what of the subject of this thread don't you get? BTC/USD or observer.
no ripple in here and there never will be. troll some altcoinboards for this purpose
or just STFU.

my theory is that big players like amazon, apple, microsoft, google
will integrate btc only indirectly in exchange for their own coinsystem to profit from higher dependance of customers.
(imo amazoncoin and apple's patent for "imoney" are a first look-out towards that strategy)

1300 CNY wall falling at btcchina.

morning,
just checked most of the german newssites and everywhere is an article about the outlook on possible btc integration on ebay.
it's ridiculous, most sites even show the same text word by word. (probably a lot of puppet sites there too)
looks like a broad media coverage is pushing the rally

(http://www.spiegel.de/netzwelt/web/ebay-kann-sich-bitcoin-als-zahlungsmittel-vorstellen-a-931578.html
http://www.focus.de/finanzen/news/unternehmen/tid-34467/akzeptiert-ebay-bald-digitalwaehrung-ebay-kann-sich-bitcoin-als-zahlungsmittel-vorstellen_aid_1147634.html
http://www.handelsblatt.com/unternehmen/it-medien/internet-verkaufsportal-ebay-kann-sich-bitcoin-als-zahlungsmittel-vorstellen/9023368.html
http://www.onlinehaendler-news.de/payment/2414-ebay-bitcoin-als-moegliches-zahlungsmittel.html
http://www.sueddeutsche.de/digital/digitalwaehrung-ebay-kann-sich-bitcoins-als-zahlungsmittel-vorstellen-1.1809772
http://www.derwesten.de/wirtschaft/digital/bei-ebay-moeglicherweise-bald-geschaefte-mit-bitcoin-moeglich-id8631076.html
http://www.wallstreet-online.de/nachricht/6399945-ebay-bitcoin-zahlungsmittel-grundsaetzlich-vorstellen
http://www.wn.de/Freizeit/Ratgeber/Multimedia/Computer/Handel-Ebay-kann-sich-Bitcoin-als-Zahlungsmittel-vorstellen)

well the term "puppet" was perhaps the wrong word in this context. It's just strange to see exactly the same text on nearly every german newssite.
(i've hoped at least for a bit variety there)
what i meant is that a lot of these sites come from the same big publisher groups.
nevertheless this is very strong media coverage throughout all the channels.
this is lookin' very good for the coming winter, a lot of people will probably start getting into bitcoin during the cozy times when they spend more time indoors.

i was just about to post a question on this subject.
withdrew my last coins there and got more and more nervous because my txid hasn't shown up at blockchain.info after half an hour.
i've never had this problem before, how long can this take at maximum?

i really hope gox gets goin with my coin withdrawal.
don't want to miss the action.  

thanks for your update.
gave me back some hope that withdrawal could go through within the next hours.
it's ridiculous these delays happen right during the action.
fuck gox

yea well....lesson learned 
haven't planned to get any fiat out of there and just kept some coins for gambling purposes.
biggest part of my stash is sitting longterm in cold wallet anyway, but it's still quite annoying not to know where your coins are lying around.

 

too early, imo wednesday is much better for ATH

look at weekly chart
that really gets you going  

*goxxed user not affected atm*

waiting now for more than 7 hours for a delayed coin withdrawal from gox

 


by the way wtf...that must be the ugliest bear on earth...


that pride & elegance 

oh, i thought it's one of these new breedings like naked cats.

that bear would be the perfect pet for some russian oligarch with allergy to animal hair.

hallelujah...



1888 yuan could really have a lot of attraction for china. (didn't they have this lucky number thing goin on with the 888?)

i just convinced my barber to start accepting bitcoins. 
half an hour of haircutting and talking and he was hooked.