unpacked robinhood posted:

from gibbis

Greyhawk posted:

Should we crowdfund the next Edward Snowden? (self.Bitcoin)
submitted 19 hours ago by 8nam

Rather than waiting until after someone has taken the scary step of coming forward, maybe we can entice insiders. For a prospective whistle-blower, knowing that one might be able to count on some form of "reward" might just be the difference between coming forward or not.

Granted, we'd need to instill plenty of trust in order to attract donations. Maybe we could use an M-of-N address controlled by a number of well-known figures - Glenn Greenwald, Julian Assange, maybe even Edward Snowden himself. Perhaps we'd use lighthouse.

Regardless of the mechanics (which are paramount), do you think this could this work?

filthy regex posted:

your honor, that flag has a gold fringe, which is a naval flag, which makes this court an admiralty court and I'm going to need to see some proof of your right to "captain" the "vessel" of this court room

Greyhawk posted:

The Something Awful Forums > Discussion > Serious Hardware / Software Crap > YOSPOS > Buttcoin: Regardless of the mechanics (which are paramount), do you think this could this work?

Greyhawk posted:

[–]7badgers 1 point a minute ago
True believers in freedom, liberty and the trustless nature of the protocol will mind their own business.
Only "regulators" need to ask such questions.

Magic Underwear posted:

publicly enticing treason is a really really good, well thought out idea i hope they go forward with it

FrozenVent posted:

I'm the sperg doing spergy analysis for free

Greed is eternal posted:

lol

Greyhawk posted:

[–]7badgers 1 point a minute ago
True believers in freedom, liberty and the trustless nature of the protocol will mind their own business.
Only "regulators" need to ask such questions.

ElectricMucus posted:

>eat "regulator"

ElectricMucus posted:

>eat "regulator"

FrozenVent posted:

I'm the sperg doing spergy analysis for free

quote:

Bitcoin Price Manipulation On Centralized Exchanges Seems Coordinated



https://www.cryptocoinsnews.com/bitcoin-price-manipulation-centralized-exchanges-seems-coordinated/

The Centralized Bitcoin exchanges seem to coordinate their prices across continental divides. One goes down – they all go down. The question is why the public tolerates their scam. If they were useful or desirable, they’d consider the very people who sustain the Bitcoin network, namely Bitcoin miners who, below $400, likely operate at a loss. Exchange clients and miners get whatever is happening in the busiest exchange. The exchanges’ arbitrage-bots equalize prices between one another. Miners – you’re the backbone of this innovation. Cryptomonkeys – you think you’re trading – but your centralized exchange rides you bare-back.

Centralized Exchanges Counting the Days

Central Bank, Central Government, Central Exchange. I’ve been stomping their foot in this column for a while now without any response. Of course, the centralized exchanges Bitstamp, BitFinex, BTC-e, BTC-China, Huobi, etc. won’t respond – they have no retort. They’re hoping no-one will notice, and suckers will just keep depositing bitcoins in their vulnerable, corruptible coffers. Proof-of-solvency. Proof-of-reserve. Proof-of-existence. Proof-of-brain-bamboozle.

What is a centralized exchange?

Bit-namex, legitimate “Western business institution” shopfront, a girlie secretary, AML, a slap on the back of their local centralized bank, slick color-coded website… you know the deal. It’s properly described as “legit”, like when you walk in the high-street bank, obediently provide your government papers, and surrender your hard-earned fiat to a uniformed lady for a fee – just to open the account. Then they charge you monthly for the service. Nice. You’re the patsy, my sucker citizen.
BitFinex Centralized Exchange

BitFinex says they’re based in Hong Kong.The British in Hong Kong are respectable and responsible, right? Yet, BitFinex has no license to show for their operation in Hong Kong.

BeeTeeCeeEee Centralized Exchange

BTC-e. Exactly who is behind this exchange operating from Bulgaria without an address, email or public management structure? The Bitcoin Foundation members helped put DPR behind bars for smack and blow – nothing strange, incidentally, to Wall Street or Silicon Valley whom the Bitcoin Foundation are backside-licking for investment and regulation – yet, let’s ask the Bitcoin Foundation who exactly BTC-e is?

No answer because these centralized buccaneers talk respectable on the one hand but are riding the Bitcoin phenomenon as far as the public will allow them on the other. Put your bitcoins in an exchange, and you no longer control them. Buy and sell your bitcoins in the centralized public exchanges, and they’ll give you some pittance. Go buy and sell via Bitcoin OTC and you’ll be shocked what the exchanges and those in-the-know really get for their bitcoins.

Bitcoin Foundation Centralized Representative Democracy

The Bitcoin Foundation and centralized exchanges are a scam – useful as long as it benefits you, you figure. With a blockchain in place, it needn’t be. Especially if the exchanges’ price management renders the most powerful innovation of our time limp and caught in a downtrend lasting over ten months. That’s not Satoshi’s vision, nor the developers, it’s the exchanges – Bitcoin Foundation sanctioned, centralized, co-ordinated, internally arbitrated, in collusion with the biggest regulated institutional players and unable to provide a sustainable market even for the miners that decentralize and subsidize this fantastical innovation for everyone’s benefit. Why would the Bitcoin Foundation assist the FBI but fail to lobby NYDFS or its own member exchanges for mining sustainability? Think about it, and you smell the stank for what it is: they’re not pro-decentralization, but actively working to undermine it.

Look to the Bitcoin Foundation and the exchanges – not for answers to the above accusations, but for an imminent trajectory to the dustbin of history. They want to be somebodies? Decentralize yourselves and see if the majority still values you.

Bitcoin Price Manipulation

Time of analysis: 17h00 UTC

These are the price junctures where manipulation forced price in the opposite direction than that dictated by wave principle:

BTC-e Daily Chart



I’m not the first analyst to draw this conclusion, and I welcome any contribution for-or-against this Elliott Wave Principle based view.

Time of analysis: 12h00

TVarmy posted:

when the price goes down on one exchange, the price goes down on other exchanges. this is obvious collusion.

quoting almost the whole thing because this paranoia feeds my soul.

i think his whole point is that everyone who likes bitcoin wants it to go up, and it'd be in their interest for it to go up, but it's not going up, so there is manipulation, probably from people who like to smell the federal reserve's farts.

Robawesome posted:

Robawesome posted:

Next time they should send Andreas Antonopoulos.

quote:

The Stipulated Interim Order empowered Temporary Receiver to manage all assets of BFL and to manage and administer the business of BFL. Doc. #54 at §§ X(B), X(H). The order also authorized the Temporary Receiver to “begin establishing an adequate cash reserve to cover potential refund liability. In this respect and under the supervision of Temporary Receiver, the following actions may occur immediately . . . Conversion of Receivership Defendant’s substantial bitcoin holdings to cash on a systematic and reasoned basis.”

IT IS ORDERED that the Temporary Receiver’s proposed Transfer Protocol containing the methodology for transferring bitcoins held in Receivership Defendant Butterfly Labs Inc. (BFL)’s Storage Wallet to a Court-controlled bitcoin wallet, Doc. #122 and Ex. A thereto, is approved

Magrov posted:

Robawesome posted:

Robawesome posted:

Hahaha I can't believe what I just saw.

Robawesome posted:

Canadian Bitcoin Exchange CAVirtex Faces Class Action Lawsuit
http://bitcoinschannel.com/canadian-bitcoin-exchange-cavirtex-faces-class-action-lawsuit/

CAVirtex, Canada’s largest and oldest Bitcoin online exchange, is facing a potential class action lawsuit to the tune of $884,880 CAD. The alleged losses were incurred by the lawsuit-bringers after the company offered 10% of its shares for sale on the cryptocurrency-based asset exchange, Havelock Investments then stopped listing the stock by the end of 2013.

A total of 10,000 shares were sold on March 23, 2013 and continued to be traded until the end of 2013. At that time, CAVirtex announced that they would no longer be listing stock from Havelock and that they would offer to buy back their shares at an “adjusted exit price” of $30 CAD a share. At the time of the announcement, the stock was trading around $120 CAD a share.

Not only was the exit price unfair but the process for selling the shares was made complex, and many investors were left stock and as a result of this became permanent shareholders in CAVirtex. The class-action lawsuit against CAVirtex is based on the market cap at the time of the incident and takes into account the adjusted exit price offered. Those who feel they have been wronged by CAVirtex have until November 1st to submit a claim by contacting [email protected] with your name, phone number, number of shares you held, and any other relevant information. After November 1st, more details will be revealed; including, the name of the firm behind this.

This is the second time CaVirtex has been in the news this month. On October 6th, they disabled Bitcoin withdraws citing an increase in volume that lead their “hot wallet running dry.” The likelihood of CAVirtex’s actions being related to recent SEC actions increases as more news comes to light.

Magrov posted:

TVarmy posted:

Kramer's first name is Cosmo, not Frank.