All posts made by CoolStoryBro in Bitcointalk.org's Wall Observer thread
1.
Post 5284042 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.15h):
Today on #bitcoin
....
gmaxwell: e.g. they noticed lots of txn getting stuck, they didn't understand it was because they were producing invalid txn (even though it was reported to them) and so they thought it was just 'full blocks'
gmaxwell: and they increased their fees from 0.0001 to 0.0005 — which was enough to may more than virtually every txn— and then later to 0.001 which is basically astronomic. And then they made it mandatory.
gmaxwell: of course their stalled txn had nothing to do with fees.
Edit: Just to clarify, only quoted relevant parts (maybe I should have inserted "[...]" where applicable). Full text here:
http://pastebin.com/DaSph9uTOMFG I was unaware of these facts! This is MINDBLOWING. How gox is still (sort of) going is beyond me. They were warned about all this, and they thought fees would solve their problems? I remember my last withdrawal from them annoying me because of having to pay what I though was a huge fee! (Well it was like a weeks mining profit for me!) My understanding of bitcoin is MINIMAL. I am not a techy type AT ALL, and I understood the mandatory transfer fee to be absurd. How the f$%& did these guys make their own custom wallet software and not lose everything when they make mistakes like this?
I'm fairly sure it's not about commission fee, but rather transaction fee which is paid by GOX (and taken from you first, but it's irrelevant for this question)
2.
Post 5337098 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.17h):
oooops
3.
Post 5365638 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.19h):
Just to make sure: that "scribd document" obviously a fake
just look at this slide.. it's a freaking joke..
Goat?
4.
Post 6208707 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.37h):
Hey octaft,
so you do implicate that all people are "mentally" equal?
5.
Post 6209052 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.37h):
Nope. As I said previously, some individuals are smart, some are dumb, some are in-between. My outright statement (not implication) is that it is not at all determined by what the color of their skin is or what country/continent/whatever they come from.
Indeed not all. But there should be some dependencies, based on world around certain population group. Like, in warm/tropic countries there might be less need in efforts of getting food. Based on that, different people groups might have different "intellectual" potential (or at least, that potential might be distributed differently vs other group)
again, in average.
Don't you agree?
Also, do you guys assume that it's kind of an RPG where you have base stats like STR, DEX, INT as 10 and you have 20 points to distribute? It's looking like creationism.
I think that it's totally might be that some group might have 16 and some 24 points to "distribute".
6.
Post 6209782 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.37h):
Regardless, you can't lord a couple of IQ points over anybody, because IQ fails to take into account a lot of factors regarding intelligence. There's plenty of articles available on the internet on why IQ tests alone are useless to determine someone's actual intelligence level. Seriously, a simple google search for "IQ tests inaccurate" will turn up dozens of results. Here's one:
http://www.webmd.com/brain/news/20121218/iq-test-really-measure-intelligence -- The gist of it is IQ can be useful, but is wholly inadequate in getting a good determination on how intelligent someone is. You need multiple tests focusing on various factors to get a better idea.
Ever met the guy who was a logic and math wiz, but couldn't navigate a social situation to save his life and was quite aloof? If he took an IQ test, he'd crush it, but if you tried to socially interact with the guy, you'd wonder how many types of idiot he was.
I do not at all believe in creationism, by the way.
Sorry, I didn't read whole discussion from the very beginning (perhaps, something about "stupid Brazilians?").
But despite of IQ test being not proper tool to measure "total" intellect of the person, it doesn't contradicts with the fact that some "races" performs worse in mathematical tasks whereas other might be better in social.
You might say that "they're not worse, they're just the different", but that it doesn't take away fact that some Brazilians are worse in math that Norwegians (no idea honestly, just to illustrate).
7.
Post 6212089 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.37h):
I honestly don't get all that "short squeeze" thing.
Can someone explain me, what the profit for one or several whales to squeeze out shorts at 460? (considering they are not owner of finex)
When shorts get closed, exchange have to close "shorts" positions, by buying back coins they "sold".
So for example, if we have big 1000btc short at 460 get closed, there will be 1000btc buy order executed, allowing "the whale" to sell his own 1000btc at bigger price, say he will sell 700 BTC at 470 average price (only 700, cause other 300 is other guys sales orders)
One would say that 470-460=10$ difference per BTC would be enough profit for "whale", but I honestly doubt it.
In order to get 460 you have to buy like 3000 and then you will sell only like 700, so it's not super efficient way to get that 7000$ profit for "whale".
What I am missing?
Indeed, owners of finex very much want guy with 1000 btc to be liquidated, if they did not processed his sales order in the first place (so that way they basically getting lets say 430*1000 = 43 000$ as reward his margin call).
But I don't see how regular whale can get any value of "squeezing shorts".
8.
Post 6226119 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.37h):
I hate such graphs without corresponding levels for current price and some more detailes price levels at most possible "points of touch".
9.
Post 6310751 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.39h):
Huobi frozen for 8 minutes already.
EDIT: only the current price and the bid half of the book is frozen. The ask part is plummeting.
EDIT2: May be coincidence, but now in China it is just past 00:00 of the first business day after the Apr/18 deadline.
where can you view into the huobi order book?
huobi order book @ btcwisdom seems like it's frozen too
welcome to abuse my QQ Service
lol
10.
Post 6403040 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.40h):
Just combined two charts and drew some lines... the bitstamp one from October-now and a long term price trendline chart 2011-2015.
http://i.imgur.com/U0LemeR.pngSo we need to wait how global trend will resolve to udnerstand how the current setup will resolve?
good, good..
11.
Post 6742158 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.44h):
22k wall support @ 10.5 @ LTC
strange
12.
Post 6836865 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.45h):
anyone to clarify 50 CNY difference between Huobi <> Okcoin?
13.
Post 7226008 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.51h):
Well anyway I don't know why people are so blind that they can't see fiat is the Ponzi and bitcoin is the way out of the Ponzi.
I herd you don't like Ponzi so we created a new Ponzi to get you out of Ponzi
14.
Post 7411232 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_12.54h):
I don't think the people bidding on this auction are the type who want to get involved in market manipulation, or not at least for this tiny amount of money. Also I don't think the amounts involved are big enough to warrant market manipulation. It might not even be profitable let alone worth the risk of committing a crime.
Since when bitcoin market manipulation considered as crime? (and by whom?
)
15.
Post 7997551 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_13.00h):
16.
Post 8654020 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_13.10h):
Hello guys.
Is there any kind of bitcointalk + (possibly reddit?) digest which will collect the most important news/announcements/topics?
I really don't have time to browse all that new topics, and there is a lot of boards/stuff which I potentially missing.
Maniac readers, that's a straight business idea for you. If you'd have a really short but thoughtful digest of latest news (with links to the corresponding topics)
and if it would be possible to choose a sections (like altcoins, cryptotechnology news, main bitcoin news, major exchanges news , technical analysis, etc)
I really can even pay for such digest.
For example, I totally missed etherium IPO (not saying I regret it), could have missed most of discussion of that btc-e spikes to 300 & btc-e bots if not read reddit, fully missed that Bitsharex/BTC stuff, etc
TL;DR
some1 have to create a relaible bitcointalk+reddit digest with links and main headlines and sell subscription.
further discussion:
https://bitcointalk.org/index.php?topic=768080.msg8654007#new
17.
Post 9287852 (copy this link) (by CoolStoryBro) (scraped on 2020-04-04_Sat_13.25h):
Comments about the plots per hour:
The first pair of plots (USD volume per hour) show a maximum of tradeing volume
around 15:00 UTC (09:00 Central US time, 23:00 China time)
and a minimum around 03:00 UTC (21:00 Central US time, 11:00 China time). This may indicate that
most of the volume at Bitstamp is due to European traders, or perhaps to a mix of American traders
and arbitragers with China. Hard to tell.
The shape of the USD volume plots is the same for Jan-Apr and May-Sep, but the latter has been
only 200 k$/hour while the former was about 450 k$/hour. Given the overal price drop over the
period, it seems that the BTC volume has changed little.
The second set of plots seems to say that the average price change is nearly indepependent of the hour of
day. The ups and down seem to be just artifacts of the relatively small sample (273 days). That is, there
are no "bullish hours" not "bearish hours".
The third set of plots (RMS price change) has a minimum around 19:00 UTC, which is China slumber time.
This is consistent with the claim that the price changes have been mostly defined by the Chinese
exchanges.
However, that effect is quite clear only on the first four months Jan--Apr,
while from May--Sep the volatility seems to be much smaller and nearly independent of
the hour of day. This could mean that China is no longer defining the price --- but then,
neither is the West. Perhaps the big traders who define the price, in China or in the West,
now use autonomous robots that work 24 hours a day. Maybe.
thanks
