Sure seems like someone is trying to manipulate the market.   Lots of 0.01 and now many trades for way below ask.   Look at that spate of 820 buys.   (bitstamp)

They seem to be trying to trigger bot dumps.

Ahhhhhh.  Makes total sense.   Thanks for that.  They're probing for dark order boundaries.  Clever.  Bitstamp should offer a feature to not sell "dark" orders for below a certain BTC trade amount, or better yet we can come up with a way to trick the probes for fun and giggles.

its probably panic sells based on the economy report out of china.

Folks, as you know, ignore the monkeys spouting the sky is falling or the end of bitcoin.
These are shorters trying to make money off of spin if it wasn't obvious enough.
There is no news other than some hints that the economy in china is slowing, most of which is likely fake data that china regularly produces for their own spin.

Is there a place to download historical exchange data?  

Once a viable exchange comes online in the US, and governments are done cleaning up the illicit side of bitcoins (tumblers, localbitcoins unregistered users, drug/weapon trading sites, people who don't report taxes--they can find you now or later....its not worth it),  the price will skyrocket.

It's just a matter of time.   Campbx doesn't have a bank any longer at the moment, and CoinMKT is just getting started, Secondmarket is serving the affluent.......it's just a matter of time though before Bitcoin goes up after major illicit flows are slowed enough and regulated banks back the exchanges.   So I am a holder.   The monkeys like coindesk and kids who post here who trade on misleading media so they can make a dime shorting will fade.  The utility of cryptocurrency is just too high; the disruption has already started and can't be stopped.

All the fools who speak of bitcoin replacing centralized banking are simply, well, foolish.  It will never happen, but bitcoin has it's place as some fraction due to the utility in certain situations  (world wide standardized, fast+easy with simple addressses, no middle party, irreversible).   I bet we will see banks who have their own bitcoin layer "banks" on top of their banks as a way to keep that capital in-house, give their customers a way to get access to the good side of bitcoin transactions when they need it.  With traceable transactions supplied by having confirmed identities tied to addresses.  The only other option it seems banks have is to create their own cryptocurreny "coins" layer (eg is this what chase is doing?),  but that almost certainly seems doomed as it won't be a standard that works internationally and for everyone.

Personally I can't wait to see anonymous side of bitcoin get hacked away (tumblers, start to add social identities to wallets so people can trust each other and the governments are comfortable about taxes and what is being traded).  And its just a matter of time before these anonymous supporting people who are involved in bitcoin get weeded out; it's clear why they want anonymous and the gov is picking them off one by one as their hidden reasons for supporting it are exposed and they wind up in jail.   I won't be surprised too if we see some existing companies get strung up on charges around fraud for hedging customer assets and their own.  

@wpalczynski

I don't think it necessarily goes against it.  Most parts of what I said are in agreement with the original concept in terms of features, but the anonymous part is the exception.  There will always be the illicit and anonymous side, just like cash has this too.

I'm simply talking about a layer on top that adds identity and trust.  Banks and users can choose to only deal with addresses that are "clean" with some identity tied to it.  That's the only way banks will get involved and supply the missing fiat exchange part.  There is no world outside of the illicit without that. 

People who want to use it for anonymous can still do that by using tor and tumblers etc, as long as they stay in bitcoin.  There are some viable reasons for having anonymous transactions.  I'm just not in support of the ones that are about illicit uses.

@aminorex

There are exchanges and I use them.  But they all feel at least somewhat dubious right now, at least if you are a US citizen.

1.  Bitstamp....very good reputation, but there are few who feel really good about a bank in Slovenia.  .  US banks are reluctant to send there, but it has become easier.  I did it, but I have been very nervous each day I left any balance there.  Bank could collapse, fraud on wallets without anyone to guarantee my money/balances.
2.   btc-e, huobi.   I can't use it since it's in China (at least I can't convert to USD), and I would never trust any company in China presently.  Huobi has already been shown to be faking data as well.
3.  Coinbase isn't an exchange but comes close.  However, really poor customer service, poor customer experience unless you are doing very small volumes  and they seem to be hedging customer transactions.  I had 12 out of 15 transactions canceled, most at the last minute after a week of waiting, with a paper loss of around 12K.  I just don't trust them right now anymore and stopped using them.   I also know their engineering on the backend to be highly suspect; maybe that is improving.   But MongoDB, seriously???  A transactional, financial system on a schemaless database.
4.  CampxBx has lost their bank for now.
5.  Gox....don't need to say anything here
6.  Waiting to see what CoinMKT can do.
7.  SecondMarket feels the most sane/robust to me, but they are just beginning.
8..  Localbitcoins.... given recent news I would rate this as highly suspect

I'm hoping for US folks that a US bank or exchange creates a bitcoin layer on top of their existing infra.  At some point they will realize they can't fight the positive of standardized crypto, and I expect to see them buy a company or make their own btc bank/exchange, or partner.  Coinbase is unlikely to get bought out I expect due to the poor engineering and customer experience.

Doom and gloom and promises of mathematical models with clear proof of the banks demise?  This is what holds bitcoin back; espousing ridiculous theories as fact. Just f$%%#ing silly.  There is no world in our lifetime that will see that.  Working against the positive sides of existing systems will just hold bitcoin back.   We need to figure out how to integrate it into the existing systems.   Irreversible transactions are not the panacea for everything.   There are more reasons to have reversible, but there are a huge number of remaining reasons to have irreversible with an international standard, or have a decentralized processing and storage.   The current systems won't go away, but we can improve them.  I'm a big fan of integration, and I think there is no other viable path short of WWIII.

I'm serious.   Obviously these won't go away.  They will always exist.   But once the majority use of bitcoin is not seen as being based on illicit/illegal reasons, then it can be more broadly accepted.   For those who just want a coin to trade drugs, weapons or to hide money, they will always find a way to do it, whether its cash, bitcoin or some other coin,   but until the vast majority of bitcoin use is seen as legal and valuable, it can't really grow I think.   Most use probably is already legal, but the swarm of news for the last year is heavily biased towards not (Coindesk who is probably shorting doesn't help either).

On this point, I am with you and aminorex.  I'm not in support of gov. watchdogging everyone. We should be able to have some anonymous transfers; there are good reasons and there should remain ways to do it.   But being realistic, I don't see how bitcoin can become bigger than it is without some integration and sacrifice on some points.

I like your thinking actually now that i see it more clearly, and I don't disagree with everything.  The only part written that I disagree with is "It could in hypothetical principle be adapted, modified, to conform to the new material conditions; however, other factors make that impossible,
in particular the fragility of low-diversity tightly coupled systems."   I don't think it's impossible.  I think that evolution is likely.   As you pointed out, it will force a spike of high diversity, but I think that will mean adapting of the current bank system with some integration with bitcoin like crypto.   I like the thought of taking that power away from those that have dominated it to their own gain.   And they likely will suffer no matter what to some degree.  I think we agree on that, but I don't see decentralized cryto replacing former systems completely.  Instead, it's a mix is my belief of where it is headed.   I think we need both versions.

So much FUD here about walls and sells.  Never believe a word unless you have verifiable facts.

1,000% he is chinese.   He just pasted back the ~10K btc sell in bitstamp but in Huobi prices (~8400)

Obviously a mistake, must have thought he was on huobi

Feels more like intentional manipulation.  he's bailing each time only selling a small amount.   Obviously he is failing at his task.  10K coins isn't enough lad, like using a pebble against a mountain.

LOL.  I have canceled orders many times partially filled.    Are you joking?   And obviously he has been canceling his repeatedly and re-entering at a different limit.  are you kidding me?

" if someone bought 1k, it doesnt go 1-2-3-4-5-6... etc to 1000, its an instant 1000 buy, he cant prevent it."

Uh duh.   Are you being silly on purpose?    He appears to be placing limits and then canceling repeatedly to draw people in, but not actually lose his whole stash.   Of course any trades that complete he can't stop.     

"Ok, so you understand orders can be cancelled after all other orders ahead of it are complete. What would removing the wall after every nibble do, and then replacing it? Nothing. "

Wrong, it scares people exactly as it did here, or excites them, into action.   Evidence is already at your feet.

Granted it could be some clueless chinese guy who did a simple order with default USD price, then he saw the price and thought that is way too few yuan mom, so he figured out a limit order after canceling the simple one.    so now he will never sell for 5 years maybe.

It seems unlikely though becuase he did this price swing several times so it seems more like he/they is trying to manipulate people's behavior.  10K coins isn't enough to dent bitcoin, but he can fuck with stupid people's pysche's with it, at today's volumes.

Max I wonder how many bots look into the open order book too, besides your good point on cross exchanges.  For someone with some coin to risk and some guts, they might be testing thresholds/dumbness on bots looking at the order book?

LOL gox price is spiking???

some major f$%%# manipulations today eh

somebody had a plan,   whats funny is they think no one would find out probably too

Anyone who trusts the words of "Charlie" is dumb.  You don't know if that's really him, and even if it is, is he really home now?   Was his account hacked.  So much incredible FUD.    Ignore every last shred except facts.

Fact.
1.  MtGox shut off their twitter.  

Speculation: 
Twitter shutoff:  Who does that?  Certainly not a company about to fix their issues and not one that was being bailed out.  If they were being bailed out, they would have used twitter to announce it as it needs to be public quickly I would think.

Charlie quotes:are speculative and who knows if it is really even the kid?  Who would be that silly to spread insider information like that so publically when they are already under federal charges.  That's just asking for trouble when you manipulate a market.

Agreed.  Stick to facts.  Mtgox twitter is off.   An alleged felon of a major crime is indicating Mtgox will be well, but he doesn't know about solvency,  on his "official" twitter account.  You can trust what you like, but all factual data points to a serious problem.  Only innuendo points otherwise.

"Tenuous grasp of english."  LOL.  I imagine you fancy yourself a professor and intellectual.  Spare me kid, you have no clue.

Anyone able to translate chinese.... google translate sucks.... just pulled this from a chinese bitcointalk thread


View Profile Personal Message (Offline)
Trust: 0: -0 / +0(0)
Ignore
   
   
Mit.Gox CEO宣布退出比特币基金会 比特币价格继续下跌
Today at 05:54:49 AM
   
Reply with quote  #1
几日前，Mt.Gox被曝将可能面临被关闭的命运。据悉，近段时间出现的一个漏洞导致该平台无法验证比特币交易的唯一性，进而导致刷钱行为出现的可能性。随后，Mt.Gox被迫关闭掉比特币的提现功能来遏制该种威胁。因为这次的事故导致了比特币价格开始出现了下跌。

现在看来，这种消极的情绪在比特币市场中继续蔓延。日前，Mt.Gox CEO宣布退出比特币基金会。比特币基金会是一个致力于监管比特币这种虚拟货币流通的机构。
Coinbase发现了Mt.Gox CEO Mark Karpeles提交的博文。虽然该篇文章并未交代Karpeles离开的真正原因，但是从种种迹象推断，其出走很大可能则是因为Mt.Gox在过去几个月内遭受的技术故障。

Bitcoinbuilder does have a transaction dump for your own transactions.  Hard to find, but a csv link is next to the withdraw link.

Is there a way to mark people as fraudster's spreading FUD?  Bitcointalk should deafult to ignore or ban people who the community says are known fraudsters.

My speculation is you are right except for the insolvency part.   My guess is anyone who is trying to be anonymous on MtGox and hide money (coins) from prying eyes will have a really hard time getting coins back.   Anyone who is verified or premier will be ok since they can track their funds to a name (they might ask for proof on how this wealth was accumulated)...this is pure speculation on my part!!! Guessing.  But I think they have been under investigation and likely before any transfer can occur they want to know who people are and where the money came from.   When I moved large amounts of US cash to Bitstamp, they asked me where the money came from and asked for proof.  If you have nothing to hide and plan to report transactions and your identity, my guess is you will be ok.   If you are looking to hide money, those are probably the folks on bitcoinbuilder dumping now.  I'm just wildly guessing.  truth is though they are not anonymous on bitcoinbuilder, and anyone who thinks they wont eventaully catch up to you is likely to be dead wrong.   Bitcoinbuilder has to report large transactions.

I do have speculative coins on Mtgox now.  I'm also upgrading to premier to make sure I can move coins if this is the case.

Geez bitcoinbuilder prices now below 0.3

Someone seems to know something

On mtgox.com.   So much bullshit and non-information flowing.  Say something pigs


Dear MtGox Customers,

In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.

Best regards,
MtGox Team

Likely more lies to give them time to get away.   They must know they will be found, assests seized.  If I was them I'd be sure to have many bodyguards around me.

Did anyone email bitstamp and ask them to check if that 10K was Mark?  Hopefully they froze the fiat withdrawal already.  

Since they track users and have IP's, account names etc. the size of this is huge.   I bet they think they won't be investigated and charged personally.     If they run and hide it will go away.   They keep spreading useless non-information to delay the onslaught.  I wonder if btc builder is actually in cahoots the whole time.   "Josh Jones" and "Juan Martinez" feel like such fake names.   Can anyone validate that Josh Jones is a real person's identity (linkedin profile means nothing).

I seriously doubt they lost keys, this sounds like FUD and doesnt seem to match the stated words.   It was explicitly stated coins were stolen.  Either the trans. malleability or through an insider there.   My guess is an insider at the company was involved in discovering it (bug) and hiding the thefts thereafter (coverup).  Anyone who stole who thinks they will get away I think will be in for a rude awakening.   The internal data on user accounts involved and IP's, btc addresses needs to be made public so the public can trace it.   Almost seems certain an insider was involved (perhaps not Mark)...there is no way they wouldnt have noticed it without some coverup going on.



  

Agree 100%.  Not all information has been released yet. Those other kids certainly didn't have it.   What's so scary about all this is the level of unprofessionalism and the amount of 20 year olds involved making decisions and acting as reps.

Roger Ver has lied before, expect this as well is either not him or he is lying.
Remember earlier this week....shrem and ver saying all is ok and good news coming...ignore, ignore, ignore these posts

thread on tracing stolen coins.  All the data likely is there to trace them.  All it takes is some cooperation with exchanges.
https://bitcointalk.org/index.php?topic=494761.msg5451149#msg5451149

https://bitcointalk.org/index.php?topic=494554.0;topicseen

Wonder what would happen to bitcoin price if the community showed it could police and find these thieves who thought they were anonymous.  There are troves of metadata out there that allow for constructing a social graph.  It's just a matter of doing it.
This feels more like what groups like bitcoin foundation should be spending coin/cash on doing if they want bitcoin to grow  (facilitating and helping connect the right parties).   If the community does it, then full court press on external regulation should ease as well.  And bitcoin should grow in general as some of the distrust would fade if thieves can't hide and the community shows they don't want them to.

what the? is going on
shorts just pooped out their innards, that's nice

Geez there is a lot of blood and short poop on the floor

are the gox thieves buying ltc