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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 18/08/2016, 18:56:05 UTC
Thanks for the link - a good read over my coffee.

Some interesting details revealed from the investigators who caught the corrupt Silk Road agents -

http://arstechnica.com/tech-policy/2016/08/stealing-bitcoins-with-badges-how-silk-roads-dirty-cops-got-caught/
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 18/08/2016, 18:44:12 UTC
Margin Trading has been active for a while and longs have increased about $2 million in last 7 days shorts are currently about 1.5K btc

https://www.bitfinex.com/stats


Finex now #7 by 24hr. volume.

7    Bitfinex   BTC/USD    $ 2,273,800    $ 574.71    3.84 %    Recently

sad trombone.

At this point, we cannot completely attribute the cause of the loss of volume - yet a fair inference does come from loss of confidence.   On the other hand, before the "hack", quite a bit of Bitfinex's volume seemed to have come from margin trading, which appears to have not been re-enabled, yet.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 23/06/2016, 22:20:21 UTC
This could be a flash point in history.

nah, tptb will never allow it, the thing is rigged

you ever wonder why all the elections these days are "too close to call" 49-51 affairs?

"It's not the people who vote that count. It's the people who count the votes." Attributed to Joseph Stalin
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 31/01/2016, 12:26:45 UTC
There's really only two outcomes without a higher or removed max block size: stagnation or network congestion failure. 

Like you don't need a gun to kill an ant, you don't need bitcoin to buy your damned coffee. Bitcoin is for gentlemen's transactions. Capisc?

As this block size debate clearly shows: gentlemen don't use Bitcoin.

I assumed we all had our butlers manage our day-to-day financial affairs. Dear god, did you people think I actually dirtied my hands with 1s and 0s? These silk gloves are white for a reason.

Hence my lack of participation in the block size debate: it's frightfully dull, I would need to associate with the hoi polloi, and if BTC goes south I'll simply sack my butler. (Sorry, Woodhouse).

Think you a chap. Find out here for a tongue in cheek review of gentlemen
http://thechap.co.uk/category/am-i-chap/
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 23/11/2015, 23:20:20 UTC
... replace German traditions ...

What traditions are we talking about here, specifically? Like grown men wearing those little boy pants, or starting World Wars ...and loosing them?

We've been here before, lots of new accounts springing up, lots of off topic crap, going sideways for too long, can only mean one thing. Price is going down.
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Re: European Union to crack down on Bitcoin
by
oldm8
on 19/11/2015, 22:48:13 UTC
Time to global ban bitcoin
Support bitcoin = Support Terrorism

Hello Guys, I am working on a project to ban bitcoin

Bitcoin is known to be "criminals money, created by criminals for criminals." normal people have no incentive to use bitcoin, almost 99% of bitcoin uses are in illegal activities related to Terrorism, Money Laundering, pump and dump Ponzi Scheme, Child Porn, Drug, Hack, Ransom etc..

Using bitcoin or promoting bitcoin should be considered crime. Time to report any bitcoin activities and exposed bitcoiners to your local authorities and let the law enforcement put them under surveillance early.

I believe a global bitcoin ban will start from Westeran and followed by Asia very soon. Bitcoin will be declared illegal and be banned closely after all those temporary bitcoin related business restriction Licenses abort. Bipay and coinbase will be brought down to justice and companies like Microsoft,Dell etc will then immediately stop accepting fiat from them. 
Let's get the Bitcoin Ban instituted earlier, protect our children as soon as possible!

don't know if this a troll post or if the users serious lol Tongue sounds like a bleak outlook for the future mate lol Cheesy

The Euro is the choice currencyof criminals and terrorists. So lets ban that. Illegal Iranian oil was priced and sold in Euros to undermine USA efforts to bring Iran to nuclear talks. The recent terrorist attack in Paris financed with Euros, assault rifles ammunition grenades explosives purchased in Belgium. A million USD in 500 Euro notes can be transported in 3 bundles 2 Inches thick and weighing just a pound each. Untraceable unlike Bitcoin with its public ledger. To be honest this is pure crap and they know it, the EU cant even agree to ban known terrorists from entering the EU from Syria. Sweden let 300 jihadis return without even challenging them. Bitcoin dropped 5 or 6 dollars today but this was not the reason.



Oh I forgot Gold a bit heavier but a 2 litre soda bottle filled with gold grain weighs 84 pounds worth $1.44 millions. Not many bitcoin ATMs in Syria, in fact last count there were none. The post is utter fucking rubbish.
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Re: European Union to crack down on Bitcoin
by
oldm8
on 19/11/2015, 22:25:06 UTC
Time to global ban bitcoin
Support bitcoin = Support Terrorism

Hello Guys, I am working on a project to ban bitcoin

Bitcoin is known to be "criminals money, created by criminals for criminals." normal people have no incentive to use bitcoin, almost 99% of bitcoin uses are in illegal activities related to Terrorism, Money Laundering, pump and dump Ponzi Scheme, Child Porn, Drug, Hack, Ransom etc..

Using bitcoin or promoting bitcoin should be considered crime. Time to report any bitcoin activities and exposed bitcoiners to your local authorities and let the law enforcement put them under surveillance early.

I believe a global bitcoin ban will start from Westeran and followed by Asia very soon. Bitcoin will be declared illegal and be banned closely after all those temporary bitcoin related business restriction Licenses abort. Bipay and coinbase will be brought down to justice and companies like Microsoft,Dell etc will then immediately stop accepting fiat from them. 
Let's get the Bitcoin Ban instituted earlier, protect our children as soon as possible!

don't know if this a troll post or if the users serious lol Tongue sounds like a bleak outlook for the future mate lol Cheesy

The Euro is the choice currencyof criminals and terrorists. So lets ban that. Illegal Iranian oil was priced and sold in Euros to undermine USA efforts to bring Iran to nuclear talks. The recent terrorist attack in Paris financed with Euros, assault rifles ammunition grenades explosives purchased in Belgium. A million USD in 500 Euro notes can be transported in 3 bundles 2 Inches thick and weighing just a pound each. Untraceable unlike Bitcoin with its public ledger. To be honest this is pure crap and they know it, the EU cant even agree to ban known terrorists from entering the EU from Syria. Sweden let 300 jihadis return without even challenging them. Bitcoin dropped 5 or 6 dollars today but this was not the reason.

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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 19/11/2015, 19:40:21 UTC

Man, I'm pro-gun but the way the y-axis on that chart have been selected is deliberately misleading. Not to mention it surely should compare ownership and not just sales.

This kind of thing does not help the cause.

right it seem to have required an increase of ~500% in gun sales to decrease  violent crime rate by ~50%


if it saves even one life it is a victory .. here is a fact for ya :: if you do not like our constitution and do not want to abide by it, then you should move to a country that does have a constitution you like and will abide by. ... there ya go your problem is solved.. go feel safe.
your "constitution" has been stepped on in a lot of ways, i don't think it's even relevant at this point.
but i do agree that if you are unhappy with the way the country does what it does then leave.
but this isn't the case, mostly people would like some things to be different, but they don't care about it strongly enough to move. ( moving to a new country isn't exactly easy. )


come feel safe in canada, with justin trudeau legalizing marijuana, we will soon be an even more peaceful poeple.
 Grin


when they take gun rights away i very well may leave the usa and eventually denounce my citizenship..... i absolutely hate the abusive high taxes we are forced to pay.. and i hate obamacare too... both of those are great reasons to ditch the usa.

You live in a wonderful free democratic country, there is a stinking mess out there beyong your shores. Vote for a party which doesnt promote gun control. In fact just owning a gun ensures you and millions of others dont have to put up with government crap and they know this. Be proud to be American, fight that rot that is being drip dripped on to you every day to denigrate your own country. The Swedes pay 60% tax to "redistribute" it to feckless no hopers and hundreds of thousands of middle east immigrants who will never make a net contribution and may well turn their country into the same hell hole they've escaped from. The whole of Europe is a failed socialist state. The soviet union has long since collapsed, China no paradise. The Muslim world all 1.7 billion of them unwelcoming to the Kuffar. Canada in rapid descent finds the most urgent measure needed is to legalise pot. Most Canadians I know thought it was already legal, they send enough of their shit into USA. Need I go on! Make the most of it theres no ideal paradise out there, unless of course you are filthy rich.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 19/11/2015, 19:13:03 UTC
A couple comments on the FUD:

1) The EU is actually extremely hypocritical. The 500 euro banknote is the highest denomination banknote in the world.

Here is an interesting BBC article on the criminal uses of this note: http://news.bbc.co.uk/2/hi/8678979.stm As the article notes in some countries these notes are know as "bin ladens".

 "The 500 euro note is really the note of choice among criminals.
"We estimate that more than 90% of the 500 euro notes that are provided in the UK have actually gone into the hands of serious organised criminals."

etc etc

2) What is never discussed is the possibility that bitcoin can also be used by the good guys to pay the contractors that inhabit the nether lands of mercenaries, informers, information providers etc etc.

3) The big problem for the Russki's is that BTC can be used to move money outside of the country.

A $1,000,000 in €500 notes can be carried in your jacket pockets. 3 bundles measuring 2" thick and weighing a pound each. As you imply the criminals choice currency. Dont worry about the EU it would take around 4 years for them to form a comitteee then sub comittees to even discuss it. Sweden's feminist government would have to ensure that the comittee was gender neutral and if ISIS terrorists were in fact using bitcoin how banning it might affect multiculturism. France meanwhile would be out on a two to three hour lunch break along with Spain Portugal Italy and Greece. The UK thankfully dont like regulation of currency markets and were instrumental in ensuring that trading in Bitcoin in Europe remains VAT free. So these reports are in fact fud we live in a connected world where there will always be a way to trade.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 17/11/2015, 22:09:51 UTC
Why is it that so few people ask themselves why the Saudis are willing to build 200 mosques in Germany for these ¿poor, desperate refugees¿, yet won¿t take a single one in? It's because they are trying to import an army of is lam into Europe.

Why is it that so few people ask why Assad the dictator is bad, because he is undemocratic, but the blasphemer beheading, limb severing, back whiplashing authoritarian House of Saud in Saudi Arabia, and their counterparts in the other West friendly Islamic monarchies, are good?

Political Zionists want a large segregated insular Islamic population in Europe. Corrupt and/or politically correct politicians have ensured that this has been allowed to happen down throughout the years and especially so in the past few months, and now that all these people are in, and we know that there are Jihadi elements amongst them, our governments need to take away all our civil liberties in order to protect us from the extremists (that they let in), Furthermore, having a significant minority population that is at odds with the values of the society in which it is implented, should prove a fucking fantastic scapegoat for the great unwashed, when the music finally stops playing and the Piper refuses to accept payment in €uros, or dollar$.

Fucking ingenius spot of social engineering.

I am not a parasitic Zionist Neocon motherfucker, but if I was, I think I would be pretty fucking good at it!


You have a better grasp on European politics than trading bitcoin. Take it as a compliment.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 15/11/2015, 19:18:09 UTC
... Of course I may be eating shit at Christmas while you all toast $600 with DP 2004 with Mr Rpietila.
>Eat shit
>Drink Dom Perignon with Mr Rpietila

Both so enticing... How does one choose?
If you were aquainted with the venerable castle dwelling Mr Rpietila the choice is easy down the brown
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 15/11/2015, 18:53:14 UTC
^OK. Didn't mean to back you into a corner like that, sorry. You're totally a successful trader with decades of experience.
(now your turn to tell me that you never doubted my being top Navy Seal with 300 kills)
I never doubted you were a seal, I too have caught around 300 fish this year and finished off one with my bear hands. On which subject you could get wiped out at 370 but by Christmas you should be able to close at 270 or even 230, Thanksgiving and Christmas are coming up and ordinary Joes will be cashing in a few of their precious coins to pay for the festivities, adding to supply. One thing Ive learnt watching this forum is never to say we will never see 450, 350, 250 again even at 220 we had a little panic and some lucky bastards with lowball bids picked up coins at 160 -180. Theres nothing worse than holding coins watching each gut wrenching step down to the next price band.  Of course I may be eating shit at Christmas while you all toast $600 with DP 2004 with Mr Rpietila.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 13/11/2015, 19:18:37 UTC
@mb300sd: people weld galvanized steel all the time. Don't believe the hype Smiley

In my teens I had a chemistry lab at home. Started with a toy chemistry set, but augmented with many chemicals from oter sources.  Back then pharmacies still carried things like elemental iodine, potassium chlorate, potassium permanganate, ether, etc.; and the pharmacists would not mind selling them to a nerdish kid like me, no questions asked.  From other places I easily got caustic soda, lead, ethanol, acetone, hydrochloric acid, mercury, calcium carbide, ...  

Looking back, after reading tons of MSDSs and "toxicity" sections in Wikipedia, I discovered that I died several times over before I even started to shave.  Today, lead has become as dangerous as plutonium, one pint of acetone will turn by itself into ten pounds of cocaine, one whiff of 190-proof ethanol will send everybody in a mile radius to the hospital, ...  Sigh...

I hear you. It was much easier for grade-school children to take up pyrotechnics as a hobby back then.

I used to get everyday fun stuff like ether, sulfur, potassium nitrate, fuming nitric acid, glacial acetic acid, lead acetate, and reagent grade sulfuric and hydrochloric acids from the neighborhood pharmacy with no questions asked. More interesting but relatively nontoxic stuff like potassium chlorate, red phosphorus, manganese dioxide and sodium ferrocyanide came in pricey little chemistry-set-sized bottles from the local hobby shop, also with no questions asked. Other cool substances like calcium carbide, cheap muriatic acid and various alcohols came from the hardware store.

My biggest problem was trying to source powdered charcoal to make gunpowder. I found that the easiest way was to cut the heads off wooden strike-anywhere stove matches (the heads were an excellent material for other fun projects) and reduce the matchsticks to charcoal to be ground in a mortar and pestle.

By the time I was in my teens we were forging notes from our parents to get the really cool stuff like white phosphorus (and the carbon disulfide to dissolve it in), zinc dust, red iron oxide (to make thermite), etc from Central Scientific.

Now kids need to buy stump remover just to get their hands on some saltpeter for the time-honored childhood tradition of making gunpowder. Even an adult trying to buy half of those things would probably come under investigation for being a terrorist or meth chemist.

Guess what? For all our pyrotechnical fun we never burned anything down nor suffered any more than minor skin burns. We'd been taught to think before we did things.
_______

Today's kids are so over-protected it's ridiculous. The political correctness geniuses figure they can use simple "childproof" packaging and devices to fool the same children they need to ask for help to reprogram the remote control. When I was a kid we learned not to play carelessly with fire by burning ourselves on a hot stove. I understood what the skull and crossbones meant on the iodine bottle in the bathroom cabinet long before I was tall enough reach it.

We learned to respect fire and dangerous chemicals at an early age. Even substances now considered dangerous were freely given to children. In kindergarten we were given powdered asbestos (I can still remember the distinct smell) to mix with water to make a modelling compound. A trip to the dentist wasn't complete without receiving a decent blob of mercury to play with. Now kids can't even take peanut butter sandwiches to school.

No wonder today's kids have no sense of responsibility for their own safety.



You are an old fucker like me. Our passion when we were 11 or 12 years old was sodium chlorate and sugar, copper pipe bombs. I'm told you can do serious prison time now for making these. I have an old tree stump in the garden to extract hmph I wonder....   On the other subject, we've been herded into that narrow price band and a good volume of orders has built up underneath it. I wonder if messrs whale and sons are tempted to dump into it with little slippage for a few k coins down to 310. China awakes in a few hours we will see.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 03/11/2015, 21:02:07 UTC
this shorter is going all in
What shorter? There's only 9300 BTC swaps on BFX. It's just a seller. 

BTW, thanks bulls. I just made so much money shorting today, that I can dump again if you wanna take another swipe at $420.

So you opened you're just when exactly? When we busted through 380? 400?  Roll Eyes

I call BS

I started shorting @ $399 and kept shorting the whole way up.  I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again.  I also transferred in some coins I was using for arbitrage just so I have some extra margin.

Try it again, Bulls. I double dare you.  See if I'm bluffing.   

dude you've really gone off the rails, sort yourself out.

first with all the big block crap and now this shorting shit ... you used to be a model bitcoiner, what happened to you?

Smallblockers happened to me. Scale or die.

You need some sleep but you wont be able to as the Chinese will be waking up in the next 30 mins and going crazy but seriously its been a tiring 24 hours
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 09/01/2015, 21:07:25 UTC
The exchange isnt even open yet Smiley

Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.

Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again


How long did your withdrawal take?

15 minutes

trading at 295 was 305 briefly
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 09/01/2015, 21:03:38 UTC
The exchange isnt even open yet Smiley

Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.

Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again


How long did your withdrawal take?

15 minutes
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 09/01/2015, 20:45:40 UTC
The exchange isnt even open yet Smiley

Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you.

Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline.
never thought I'd see those again
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 07/01/2015, 22:43:19 UTC
How is the pump and dump going?

miserably

hows your silver holding doing

that market was shorted massively 24 million ounces at one point

as you would say the dumpers just dumped the shit out of it

looks like you got in on the very bottom $15 ish well done.


$15 Silver is NOT the bottom. It will be driven lower to the $10-12 range by the summer.

Save your powder for the summer and get ready for a wild 4th quarter 2015. Thank me later.

Thanks for the heads up.
I'm not in silver but will watch  price over next months
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 07/01/2015, 22:04:13 UTC
ok here comes my theory about the last 24 hours.

1) Pantera decided that stamp "hack" is actually a really serious blow.

-> losing the faith of stamp users + bad PR (bad security/incompetence)

2) Pantera demand stamp to correct the situation asap

-> stamp didnt accept the demand (for whatever reason)

3) Pantera threatens to cut all ties to stamp if they dont accept the demand

-> removing dan morehead from bitstamp

4) stamp got scared and are now buying btc


i could get a oscar for this right?

 Cheesy

I think you're pretty close except it ends at #3

If it doesn't end at 3 wishful thinking on my part. and they do buy the BTC.
I wonder what time of day they would relaunch. I reckon 01:00 UTC but which day? maybe 30th February.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oldm8
on 07/01/2015, 21:58:10 UTC
How is the pump and dump going?

miserably

hows your silver holding doing

that market was shorted massively 24 million ounces at one point

as you would say the dumpers just dumped the shit out of it

looks like you got in on the very bottom $15 ish well done.