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

[JorgeStolfi]

So it seems that the rally was antecipation for the Bloomberg thing, then?

[Vigil]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

[JorgeStolfi]

Occam's razor

A leak in a cold wallet for 2 years or SR shitstorm hitting gox and DHS involved.

Not difficult to understand why they would confis all private key : huge amount of btc from SR was on MtGox and they didn't take the risk. Bitcoin is sooo easy to move in a blink of eye !

Well, there is this too:
http://www.reddit.com/r/Bitcoin/comments/1z8vaq/crowd_detectives_reveal_mt_gox_bitcoin_heist_as/?sort=confidence

[kkaspar]

but war profiteering is not honorable.

Taking money from ignorant people by lying to them is not honorable either.

But then, what is "honorable" about bitcoin?

Bt the wy, have you all read about this earlier event in Bitcoin Foundation Founding Father Karpelès business career?
http://www.cryptocoinsnews.com/2014/03/03/exclusive-tibanne-co-ltd-sentenced-2013-mark-karpeless-lies-new/

but..but..but bitcoin is sent by god! and it solves all the financial problems and defeats all the evil banksters that have been (probably) sent by Lucifer himself. All the bitcoin enthusiasts are not interested in getting rich at the expense of others! all the people in the bitcoin comunity are highly educated benevolent economistz who bring freedomz to da people.

[Vigil]

This is what I was talking about.

http://www.reddit.com/r/BitcoinMarkets/comments/1z2xo5/speculation_the_us_government_has_control_of_goxs/

[KeyserSoze]

The biggest market mover is the people who thought they had bitcoins in Mt.Gox. When they replace (which I believe is going on), the price can rise a lot. We are talking about 100,000s of coins of extra demand.

This is why you can rest assured there is no 21 million Bitcoin cap on BTC. People buy; the coins get stolen from them and dumped in the market for the victims to rebuy ad infinitum.

[Vigil]

The biggest market mover is the people who thought they had bitcoins in Mt.Gox. When they replace (which I believe is going on), the price can rise a lot. We are talking about 100,000s of coins of extra demand.

This is why you can rest assured there is no 21 million Bitcoin cap on BTC. People buy; the coins get stolen from them and dumped in the market for the victims to rebuy ad infinitum.

What? No.

[Solarstorm75]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

[JayJuanGee]

Jesus, you guys talk about BTC in amounts I can only dream of

Ofcourse it would be much more profitable with 60btc than with 12..

Guess I'll just have to wait till BTC hits $2000

I started with 17 coins in april 2013 

Just seen the potential of BTC too late. I Invested 60k now. So Almost all I got 

If you started with 17 BTC in April, and then you invested an additional 60k at $700 per BTC, that would put you at 103 BTC.   That is 17 + 86 = 103 BTC.  I feel so small potatoes with only 36 BTC

[Vigil]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Oh. Hahaha. Didn't know there was a set time.

[cdooer]

Anyone else think that maybe SR2 and Gox were somehow tied together, and when SR2 announced that their coins had been stolen, it was only because they had inside information that Gox had 'lost' all of their coins? So when Gox went down, SR2 did too? Seems a little fishy that they would both claim theft by malleability at roughly the same time, but it didn't affect anyone else. Maybe MK owned them both.

[JorgeStolfi]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Wait, that does not say Bloomberg is going to show Bitcoin prices, only that they will show an interview with Antonopoulos (is that him?)

[Vigil]

Anyone else think that maybe SR2 and Gox were somehow tied together, and when SR2 announced that their coins had been stolen, it was only because they had inside information that Gox had 'lost' all of their coins? So when Gox went down, SR2 did too? Seems a little fishy that they would both claim theft by malleability at roughly the same time, but it didn't affect anyone else. Maybe MK owned them both.

Or when Gox announced - "We are not involved with Silk Road...."

[koryu]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Wait, that does not say Bloomberg is going to show Bitcoin prices, only that they will show an interview with Antonopoulos (is that him?)

Some have suggested that the news is the launch of Blockchain.com, a site the service teased in early February, but it’s simply too soon to tell.

http://newsbtc.com/2014/03/04/blockchain-info-ceo-nic-cary-appear-bloomberg-tv-news-bitcoin/

[porcupine87]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Wait, that does not say Bloomberg is going to show Bitcoin prices, only that they will show an interview with Antonopoulos (is that him?)

Some have suggested that the news is the launch of Blockchain.com, a site the service teased in early February, but it’s simply too soon to tell.

http://newsbtc.com/2014/03/04/blockchain-info-ceo-nic-cary-appear-bloomberg-tv-news-bitcoin/

So in 16min on bloomberg tv?

[ChrisML]

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Wait, that does not say Bloomberg is going to show Bitcoin prices, only that they will show an interview with Antonopoulos (is that him?)

Some have suggested that the news is the launch of Blockchain.com, a site the service teased in early February, but it’s simply too soon to tell.

http://newsbtc.com/2014/03/04/blockchain-info-ceo-nic-cary-appear-bloomberg-tv-news-bitcoin/

So in 16min on bloomberg tv?

http://www.bloomberg.com/tv/

[kkaspar]

Yeah, coins finally arrived at BTC-E.. now to wait for the pre-pump that happens before the news, so I can sell before everyone discovers that the "important news" is just to endorse their own service. LTC pumps seem weak and a slow drop is currently more probable.
It's scary to hold fiat at BTC-E tho.. have to wait for an quiet night to sneak back to stamp.

[JayJuanGee]

People depositing to BTC-E. When will you learn.

Depositing in bitcoin seems to work pretty well, and pretty quickly...     Though, yes, that seems to be a different story.

[Vigil]

Some have suggested that the news is the launch of Blockchain.com, a site the service teased in early February, but it’s simply too soon to tell.

http://newsbtc.com/2014/03/04/blockchain-info-ceo-nic-cary-appear-bloomberg-tv-news-bitcoin/


Sean Percival says "Not Yet." So this may not be the Blockchain.com announcement.

https://twitter.com/ErikSchatzker/status/440852040932003840

[Erdogan]

But then, what is "honorable" about bitcoin?

The honorable thing is to allow yourself and others to have sound money. You, on the other hand, prefer to stay uninformed and shamelessly perpetuate your desinformation. It feels safer to go with the thugs, I guess.