Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[dreamspark]

I wonder where all the >100k margin long coins want to dump into at some point... There is still not a lot on the Bitfinex book which would prevent the next margin call round if somebody decides to dump..

Some people are really trapped as it seems

Yeah, wanna know something that makes it all worse than just whats shown on USD margin swaps?

The fact that most people hold BTC as collateral, BFX have said this themselves. So, not only are people accruing all this interest owed to lenders, when they are liquidated or close, their BTC collateral also has to be sold adding even more fuel to the bear fire.

[brg444]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

[ChartBuddy]

Coin
Explanation

[marcus_of_augustus]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

bring back goat

[brg444]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

bring back goat

unfortunately did not get the chance to mingle with him. can you confirm this would be the same one that used to hang here?

[TerraMaster]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

Interesting read there..
THX

[marcus_of_augustus]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

bring back goat

unfortunately did not get the chance to mingle with him. can you confirm this would be the same one that used to hang here?

the writing style would seem to indicate that ... and the generally lulzy tone of shitco.in 

[ChartBuddy]

Coin
Explanation

[billyjoeallen]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

It doesn't change the fact that the core devs have known about this issue for years and can't even come to an agreement on the direction much less the implementation of the scalability issue. Some are even arguing that we don't need to scale bitcoin at all because we can work around the limit. 

Consensus only works until it doesn't. Then leadership is needed. I'm as anti-government as it gets, but this conspiracy crap is getting ridiculous. It's trivial to flip the switch that allows TOR routing, so individual nodes can turn it on or off depending on their security concerns. 

Jesus Christ on a pogo stick, y'all are aggravating. I understand exactly why Gavin and Hearn released XT.

maybe Maggie Thatcher was right when she said "Consensus is the abdication of leadership."

[brg444]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

It doesn't change the fact that the core devs have known about this issue for years and can't even come to an agreement on the direction much less the implementation of the scalability issue. Some are even arguing that we don't need to scale bitcoin at all because we can work around the limit.  

Consensus only works until it doesn't. Then leadership is needed. I'm as anti-government as it gets, but this conspiracy crap is getting ridiculous. It's trivial to flip the switch that allows TOR routing, so individual nodes can turn it on or off depending on their security concerns.  

Jesus Christ on a pogo stick, y'all are aggravating. I understand exactly why Gavin and Hearn released XT.

maybe Maggie Thatcher was right when she said "Consensus is the abdication of leadership."

You know I thought about this a lot today and had quite some reflections about it on twitter.

The leadership you refer to, it reminds me of Hayek. Here is what he had to say on the matter:

We must here return for a moment to the position which precedes the suppression of democratic processes and the creation of a totalitarian regime.

In this stage it is the general demand for quick and determined central government action that is the dominating element in the situation, dissatisfaction with the slow and cumbersome course of democratic processes which make action for action's sake the goal.

It is then the man or the party who seems strong and resolute enough to "get things done" who exercises the greatest appeal.

"Strong" in this sense means not merely a numerical majority - it is the ineffectiveness of parliamentary procedure with which people are dissatisfied.  What they will seek is somebody with such solid support as to inspire confidence that he can carry out whatever he wants.

Are we forgetting history and just about to repeat it? I sure hope not.

[billyjoeallen]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

It doesn't change the fact that the core devs have known about this issue for years and can't even come to an agreement on the direction much less the implementation of the scalability issue. Some are even arguing that we don't need to scale bitcoin at all because we can work around the limit.  

Consensus only works until it doesn't. Then leadership is needed. I'm as anti-government as it gets, but this conspiracy crap is getting ridiculous. It's trivial to flip the switch that allows TOR routing, so individual nodes can turn it on or off depending on their security concerns.  

Jesus Christ on a pogo stick, y'all are aggravating. I understand exactly why Gavin and Hearn released XT.

maybe Maggie Thatcher was right when she said "Consensus is the abdication of leadership."

You know I thought about this a lot today and had quite some reflections about it on twitter.

The leadership you refer to, it reminds me of Hayek. Here is what he had to say on the matter:

We must here return for a moment to the position which precedes the suppression of democratic processes and the creation of a totalitarian regime.

In this stage it is the general demand for quick and determined central government action that is the dominating element in the situation, dissatisfaction with the slow and cumbersome course of democratic processes which make action for action's sake the goal.

It is then the man or the party who seems strong and resolute enough to "get things done" who exercises the greatest appeal.

"Strong" in this sense means not merely a numerical majority - it is the ineffectiveness of parliamentary procedure with which people are dissatisfied.  What they will seek is somebody with such solid support as to inspire confidence that he can carry out whatever he wants.

Are we forgetting history and just about to repeat it? I sure hope not.

You get Austrian cred for quoting Hayek, but nobody is using, threatening or advocating physical force be used or initiated.  Leading is not the same as ruling.

[brg444]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

It doesn't change the fact that the core devs have known about this issue for years and can't even come to an agreement on the direction much less the implementation of the scalability issue. Some are even arguing that we don't need to scale bitcoin at all because we can work around the limit.  

Consensus only works until it doesn't. Then leadership is needed. I'm as anti-government as it gets, but this conspiracy crap is getting ridiculous. It's trivial to flip the switch that allows TOR routing, so individual nodes can turn it on or off depending on their security concerns.  

Jesus Christ on a pogo stick, y'all are aggravating. I understand exactly why Gavin and Hearn released XT.

maybe Maggie Thatcher was right when she said "Consensus is the abdication of leadership."

You know I thought about this a lot today and had quite some reflections about it on twitter.

The leadership you refer to, it reminds me of Hayek. Here is what he had to say on the matter:

We must here return for a moment to the position which precedes the suppression of democratic processes and the creation of a totalitarian regime.

In this stage it is the general demand for quick and determined central government action that is the dominating element in the situation, dissatisfaction with the slow and cumbersome course of democratic processes which make action for action's sake the goal.

It is then the man or the party who seems strong and resolute enough to "get things done" who exercises the greatest appeal.

"Strong" in this sense means not merely a numerical majority - it is the ineffectiveness of parliamentary procedure with which people are dissatisfied.  What they will seek is somebody with such solid support as to inspire confidence that he can carry out whatever he wants.

Are we forgetting history and just about to repeat it? I sure hope not.

You get Austrian cred for quoting Hayek, but nobody is using, threatening or advocating physical force be used or initiated.  Leading is not the same as ruling.

I don't believe the "Final Solution" was included in the National Socialist party pamphlet either  

Yet, though the road be long, it is one on which it becomes more difficult to turn back as one advances.

[ChartBuddy]

Coin
Explanation

[billyjoeallen]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

It doesn't change the fact that the core devs have known about this issue for years and can't even come to an agreement on the direction much less the implementation of the scalability issue. Some are even arguing that we don't need to scale bitcoin at all because we can work around the limit.  

Consensus only works until it doesn't. Then leadership is needed. I'm as anti-government as it gets, but this conspiracy crap is getting ridiculous. It's trivial to flip the switch that allows TOR routing, so individual nodes can turn it on or off depending on their security concerns.  

Jesus Christ on a pogo stick, y'all are aggravating. I understand exactly why Gavin and Hearn released XT.

maybe Maggie Thatcher was right when she said "Consensus is the abdication of leadership."

You know I thought about this a lot today and had quite some reflections about it on twitter.

The leadership you refer to, it reminds me of Hayek. Here is what he had to say on the matter:

We must here return for a moment to the position which precedes the suppression of democratic processes and the creation of a totalitarian regime.

In this stage it is the general demand for quick and determined central government action that is the dominating element in the situation, dissatisfaction with the slow and cumbersome course of democratic processes which make action for action's sake the goal.

It is then the man or the party who seems strong and resolute enough to "get things done" who exercises the greatest appeal.

"Strong" in this sense means not merely a numerical majority - it is the ineffectiveness of parliamentary procedure with which people are dissatisfied.  What they will seek is somebody with such solid support as to inspire confidence that he can carry out whatever he wants.

Are we forgetting history and just about to repeat it? I sure hope not.

You get Austrian cred for quoting Hayek, but nobody is using, threatening or advocating physical force be used or initiated.  Leading is not the same as ruling.

I don't believe the "Final Solution" was included in the National Socialist party pamphlet either 

Don't you think that's just a touch hyperbolic? Godwin's Rule is already in play?

[btccashacc]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

are this another troll to down bitcoin price again ?

[JayJuanGee]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

are this another troll to down bitcoin price again ?

fairly flat at the moment... in the lower to mid $230s....

[billyjoeallen]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

are this another troll to down bitcoin price again ?

Just cripplecoiners griping about Gavin and Hearn cutting the Gordian knot of the Bitcoin Improvement Protocol process.   

[alesx.onfire]

we are going up or down?

[btccashacc]

http://shitco.in/2015/08/19/the-bitcoin-xt-trojan/

goat chiming in

are this another troll to down bitcoin price again ?

Just cripplecoiners griping about Gavin and Hearn cutting the Gordian knot of the Bitcoin Improvement Protocol process.   

agreed it
we need revolution in crypto world and gavin give it

[brg444]

Don't you think that's just a touch hyperbolic? Godwin's Rule is already in play?

Involving Nazis ? Hyperbolic? never !  

Still...

Ire of the masses? Check
Populist agenda? Check
Common enemy? Check
"Strong leader"? Check

Enough to raise an eyebrow IMO