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Showing 6 of 6 results by CryptoPolice
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
CryptoPolice
on 17/06/2015, 23:49:16 UTC
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
CryptoPolice
on 17/06/2015, 22:34:52 UTC
Even gox wasn't so manipulated as finex is Roll Eyes


Bitstamp is as fucked. It's like the ultimate battle of the bots down there. The Myriapod bot, the never ending 0.02 btc executed buy/sell orders that are clogging up the interface and everything. It's a disaster...

Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
CryptoPolice
on 17/06/2015, 00:40:19 UTC
Funniest attempt at a pump ever.

These "whales" got so trigger happy that this mess was generated as a result:

http://i.imgur.com/J3hzCA9.png


Thing is that nobody is following. You have the same patterns of buying, no FOMO from others, no nothing. Now you print this graph and show it to a random retard from the streets and just ask him if this is sustainable. A lot of bulls will get buried because of their lack of patience. WATCH!
Post
Topic
Board Announcements (Altcoins)
Re: [SDC] The Shadow Project | Anon POS | Ring Sigs | Decentralized MarketPlace (w)
by
CryptoPolice
on 26/03/2015, 23:34:55 UTC
Merely a superficial blanket imo and goes against the whole nature behind the anon movement.

I wouldn't have a problem ideologically as long as the devs could be anonymous even from the authorities (think NSA-level resources). But since this is extremely hard or improbable to achieve, their anonymity is not really against the establishment, rather the ordinary people, forums, investors etc. And, when that happens, people are more hesitant to throw money in a project due to all the scams and fails that are way too numerous to mention.

But the worst scams and fails have not involved anonymous people.

If something *seems* legit but it isn't, it has the potential to scam people more money.

However this isn't about scamming anyone with SDC. Obviously there has been work done in the rings on a btc blockchain, so there's proof-of-talent so to speak. It's just that to the whale investors, it seems that a project has greater accountability when the devs are known and that's when they can invest more. Everyone profits indirectly as the price goes higher.

It's not a blocker if there's work going on that seems ok, even if the dev is unknown. It just increases the possible investment if people know him.

Case in point: Spreadcoin. DRK people kind of learned about two projects from the DRK thread. One was SDC due to the proposed merger (and many of us came here and invested a few coins) another one was Spreadcoin as Spreadcoin was the first one to try to clone DRK and evolve a bit on the code on some stuff. At some point the Spreadcoin dev found a bug in DRK and that gained the DRK communitys attention for investment.

Anyway, things were going well with Spread, price was rising and then the anonymous dev went AWOL, never to be seen again. Now it's on a community takeover status with price at 1/10th or something from the peak. It's kind of "reminder to self: Never go big with unknown devs"...
Bitcoin.

*drops mic*

But Satoshi left you a working crypto currency.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText | BlockNet | PoD 5+
by
CryptoPolice
on 18/11/2014, 10:37:58 UTC
#HONDOWILLDELIVER





- signed -

YourMother
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
CryptoPolice
on 09/11/2014, 16:25:50 UTC
After this run, a new generation of bagholders will be created. Don't get me wrong, i love DRK, but what is with this sudden rush ? Please don't tell me that it happened because of the technology, because everything that happened in the past with the price can contradict your arguments. To me it looks like some people found about drk from all of these TV channels, rushed in to participate at a "second btc train story", not knowing that in the end they will get crushed by all of these whales that made over 30-40% in profit (or maybe even more in the near future).

Also, there's another problem with DRK in a sense that everyone thinks that it will be the greatest thing that happened to the dark markets. Dark markets are being shut down not because of BTC's semi-anon technology, but because they are still requiring trust. If you are trading real objects ( drugs, hdd's etc) and not virtual ones, then you will have to specify an address for delivery (duh!). Guess how easy it is for FEDS to participate in these markets, posing as drug dealers or anything else (duh!). Show me a story where the FBI managed to destroy dark markets because of the BTC's inferior anon protocol.

Although this is the greatest altcoin, my opinion is that it should get a name change and start being marketed as a currency that has the option for anonymity if necessary and not as "Darkcoin", which links directly to the dark markets. This way it would have more success to the general public. Not to mention that it could get even more traction because of the InstantX technology.

Maybe what i wrote in here didn't make any sense to some people, but guess what - DRK's price history doesn't make any sense either.