Mark Karpeles Willy Bot Bitcoin Trading Bot On Mt. Gox ...

The simplest explanation is usually the right one (Occam's Razor): "Willy" was not a conspiracy. It was exactly what Mark Karpeles said it was: a bot/API for high value clients. [x-post /r/bitcoin]

Original thread
submitted by toshiromiballza to BitcoinMarkets [link] [comments]

Let's not forget

I've seen some troubling posts that people seem to be trusting u/magicaltux now. Let's not forget who he really is and what he did.
He claimed the Willy bot was a lie, except he has now admitted to it in court. He also transferred $3million from customer accounts to an account in his own name. Databases from Mt. Gox have parts missing. He knew Mt. Gox was insolvent and did nothing, hoping that no one would notice.
He is not to be trusted.
I've also seen some posts about how Mt. Gox is solvent because the price of bitcoin has gone up so much that it can cover everyone's debts. This is absurd! Mark seems to be pushing this point as well.
Getting paid back at around $500 per bitcoin is NOT the same as us getting our money back. Mark can't just decide to steal everyone's bitcoin for 4 years and then when it goes up about 5x give everyone back 1/5th of their value and hold the rest. This is insanity.
Lets not forget that Mark is a liar and a thief. And anything besides getting our bitcoin back is not being made whole. He is also pushing the narrative that btc-e stole the mt gox bitcoin. There is no proof of that, only that they laundered it. Don't let him trick you, he still has a lot of explaining to do with regards to how he handled mt. gox and hid the fact that it was insolvent (perhaps even stealing some btc himself).
At best, Mark Karpeles is criminally negligent (how can you not notice someone stealing 650,000btc over a period of years!), at worst he embezzled money and manipulated records for his own enrichment. People should not be turning to him for advice or even considering trusting anything that comes out of his mouth. He's also been charged with fraud in France and fled to avoid jail time.
Don't forget what type of person he really is.
Edit: Here is to hoping Mark sits in jail for a long time, or does something to actually make this right. That means not giving us $483 for every bitcoin we are owed, but instead actually giving us our money back that he took.
submitted by robinson5 to mtgoxinsolvency [link] [comments]

The simplest explanation is usually the right one (Occam's Razor): "Willy" was not a conspiracy. It was exactly what Mark Karpeles said it was: a bot/API for high value clients.

I'm a little surprised that so many people are jumping straight to conspiracy theories in the last 48 hours following the "Willy Report". It especially surprises me because Willy follows the exact same patterns that so many people here have theorized would be done by "whales".
Imagine you are a high value trader or company. You want to enter bitcoin or increase your position. Do you really think you would simply open up a regular trading account on MtGox, put millions of dollars into your web account, and start making million dollar trades? Absolutely no way. I've worked for two large Wall Street banks, and I can tell you flat out that high value clients have access to products and services that "normal" people do not. High value clients have dedicated staff to service them, they get taken out to dinners and events, they have exceptions done for them, they simply operate outside of the normal world that you and I live in.
Willy didn't pay fees or fiat because it operated outside the purview of what a normal trader would have to do. High value clients would have direct relationships with MtGox, and would likely have special fee structure in place that they would pay to MtGox separately and at a different time than trades. Willy didn't back up trades with fiat because fiat was likely wired to MtGox separately, in bulk.
Willy only bought because these high value clients weren't looking to really "trade". They were looking to enter the market, and likely couldn't find enough early adopters off-market to facilitate their needs. So, they had to go on-market. Second Market has publicly stated that they started having issues finding off-market individuals to buy from. What then? Just stop buying? Absolutely not. They instead needed to start coming on-market. However, you can't simply start making buy orders for several millions dollars. So instead, MtGox would offer an automated API that was directly connected to their servers (just like Mark said) and could make small buys at frequent intervals so as to try to not influence the market too much and cause the price to go skyrocketing.
Willy had "??" in data fields because Willy likely facilitated several different clients at once. There is no grand conspiracy there.
Again, I'm surprised that people aren't coming to these simple conclusions, especially since this is exactly how all of us have assumed "whales" work. What we're seeing in Willy is exactly what we expected to see in whales.
Also, does anyone really think that Willy, a bot that was a small percentage of MtGox's volume, could really single-handedly incite an entire bubble when there were at least 2 or 3 other similarly sized exchanges? The truth is that Willy was just one form of high value clients entering the market on one exchange. Other exchanges likely have their own forms of "Willies" that contributed to the bubble just like it did on MtGox. And trust me, those "Willies" are no more conspiratorial than this MtGox Willy is.
submitted by watabtme to Bitcoin [link] [comments]

A collection of bitcointalk posts by Giancarlo Devasini

December 05, 2012
https://bitcointalk.org/index.php?topic=129080.msg1379928#msg1379928
Illiquid markets, such as Bitcoin are easy prey to manipulation. The principle is to draw attention by buying a pretty big quantity (compared to the daily number being bought and sold) and once this attention is drawn, more and more people will start buying trying to jump on the bandwagon and trying not to miss the train. This is on a larger scale exactly what happened in the summer of 2011 when the price of a BTC went all the way up to 30 USD a piece. Such phenomenons normally end up with a massive selloff, (exactly what happened in the above mentioned example when the price went down to 3 usd, losing about 90% of its value) where a lot of late joiners got burned, lost lots of money and abandoned the game saying it's rigged, when the only thing that was rigged was their intelligence. Rallies and inevitable subsequent bubble bursts aren't good for bitcoin. The movement we experienced in the last 2 days (about 7% up) isn't good for bitcoin. What we should need and hope for is a slow movement up, of about say 1-2% each week, due to a growing number of bitcoin adopters and to the fact that this adopters demand SLIGHTLY outpaces the number of bitcoins being sold by miners and people that accept payments in bitcoin but then need to translate those into fiat money. Everything else should be seen as a danger for bitcoin and not cheered as most people do. Rally is bad, not good! We all need to understand that or we will keep being a bunch of goofy beginners easy prey of speculators
   
June 13, 2013
https://bitcointalk.org/index.php?topic=229438.msg2463986#msg2463986
Oh yes? Any evidence you can show us about what you say or was it just a bunch of empty words? We were outed by whom? A resentful advisor that never understood the difference between being an employee and a shareholder and is lying thru his teeth? C'mon, let's move on.... You blame Bitfinex not to be responsible on a crappy mountain of false allegations. Would you define yourself responsible in doing that? It's your right to choose not to be our customer, just stop intentionally lying about us. Or could it be that, as you are running coinlenders.com you just want to throw some shit on your smarter competitors? Your business must be doing really poorly if you have enough time to waste on such childish techniques. Not very professional I must say....
Have a good life
Giancarlo
   
November 13, 2013
https://bitcointalk.org/index.php?topic=229438.msg3564416#msg3564416
Dear Oda.krell
I understand, having a unicorn as your avatar, you must be used to animals that actually crap jewels ( unicorns actually do that ). We at Bitfinex unfortunately haven't learnt how to do that yet. The only thing we know is how to transfer money every day to our Bitstamp account. We transfer big chunks of money and we do it every day. Due to the recent cost of Bitcoin it only takes 3k of volume to dry one million usd from our Bitstamp account, so normally in about one hour our Bistamp account is dry again. Then we have to wait another day for another wire to hit our Bitstamp account. Not much we can do about it, we still can't crap money, sorry about that. When the market goes up liquidity is low (that is everybody and his sister is fully invested in BTC) and this is the 238th time I explain this.
My advice to use limit orders wasn't polemical, a limit order is actually the only effective way to avoid slippage and the fact that you call me unprofessional because I gave you an advice doesn't change things. Use limit order or accept slippage, there is no other way out.
The Bitfinex dynamic is not easy to understand, I realize that. But to ask for supernatural things (such as to transfer money we don't physically have because our customers still have to wire it to us) it belongs to the world of unicorns, not to our world.
The only thing I understand is that some people on this forum actually think before writing something, while some others just complain and throw false accusations without even realizing how things actually works. For example blaming the fact that we don't have enough BTC on Bitstamp to justify your loss just shows a complete lack of understanding of the trading mechanisms. The quantity of BTC on Bitstamp have NOTHING TO DO with a short liquidation. 8fold is actually one of the few that understands things and is always on spot with his comments (kudos to him).
And by the way, I'm the only one having an italian name around here, only me not a bunch. And the fact that we are in Honk Kong where ANOTHER company closed down doesn't mean anything, does it? Or shall we say that any company located in Hong Kong or with at least an italian sounding named employee is doomed to go bankrupt? C'mon guys, give me a break!
Having said that I think I'll leave this thread to Raphael, which is far more patient than me in taking your shit. I'm probably too old for that, I have to admit.
Have a good day folks, I'm outta here.
Giancarlo Bitfinex Team
   
November 29, 2013
https://bitcointalk.org/index.php?topic=229438.msg3759979#msg3759979
http://www.digitalocean.com <------ based in New York - USA
http://www.hostgator.com/ <--------- based in Houston - USA
you really think having a BTC exchange hosted in the US is a good idea?
Please before replying to this email switch your brain on
   
March 08, 2014
https://bitcointalk.org/index.php?topic=229438.msg5591014#msg5591014
Let me try to understand what you think it is a valid proof of evidence.... Writing that some non specified "third party" audited our numbers and found nothing wrong with them is something what will re-assure you about our honesty? Don't you think that a statement like this is actually as good as the person writing it? But if the person that writes it is worth your trust, what sense does it make to ask him to state something like this?
Maybe I'm trying to find a logic in something completely illogical (or I'm just really stupid) but I can't give a rational sense to a request like this.
Finally if you had unanswered emails from support on important topics please PM them to me and I'll take care of it.
Thank you and have a good day
Giancarlo Bitfinex Team
   
March 09, 2014
https://bitcointalk.org/index.php?topic=229438.msg5602221#msg5602221
I understand logic can be taken for arrogance by people that are adverse to being logical. My post asked a very simple question: What does a statement like the following add to being more trustworthy?
A third party (non specified) performed a check on our Bitcoins and found we actually have them. No additional details will be given.
My point was that in order to trust a statement like this you must trust the source of the above statement. But if you trust the source ( whose statement doesn't add any proof of evidence into the equation ) then to ask for such a statement doesn't make sense.
Call it arrogance, I call it logic.
Have a good day
Giancarlo Bitfinex Team
   
June 22, 2014
https://bitcointalk.org/index.php?topic=660948.msg7450158#msg7450158
Place your bet on the table and I'll explain anything you want. Then I will take your 10 BTC and give them to people that will cheer up to your stupidity. You are a kid that doesn't even know what he's talking about. If you don't like Bitfinex why do you keep trading on it, you retarded prick? As we had nothing better to do than stealing candies from retarded kids like you, you don't even have 3 btc (2.5 to be exact) in your pocket.
Grow up and learn to take the blame of your own stupidity instead of insulting others.
Just get a life.
Giancarlo Bitfinex Team
   
June 22, 2014
https://bitcointalk.org/index.php?topic=660948.msg7450567#msg7450567
Your bitcoins are on the way. I have a reasonable explanation and offer you the possibility of making 100 btc in case I will be proven wrong. But in case you are just a douchebag full of hot air I want you to pay 10 btc, so that your ass will burn for while ( unfortunately I have no time to come and beat the shit out of your retarded brains ).
From now on please stay away, you've got plenty of trading platforms to choose from, so don't waste our time anymore with your stupid childish theories.
See you next life.
Giancarlo Bitfinex Team
   
June 22, 2014
https://bitcointalk.org/index.php?topic=660948.msg7450573#msg7450573
Quote from: Dalmar on June 22, 2014, 12:58:08 PM LOL, I didn't know exchange owners browse this mainly trollish speculation forum.
Giancarlo,
Can you get a willy bot like Karpeles already and take us to 10,000?
Currently working on it.... :-P
Giancarlo Bitfinex Team
   
June 22, 2014
https://bitcointalk.org/index.php?topic=660948.msg7451007#msg7451007
Transparency doesn't mean to spend time in justifying ourselves against allegations that don't make sense. MatTheTwat is blaming Bitfinex because his stop order wasn't executed at the price he selected. Now even a 5 years old retard knows that a stop loss order is executed at the best price available in that given time. It is not our fault if other ask orders were pulled when the price started to go up. This is normal as several bots are programmed in such a way, i.e. withdraw orders when the price spikes up. To blame this on the platform, accusing people to deliberately steal 30 usd is not only a symptom of douchebagness, but also of the fact that his IQ is smaller than his shoe size. I can trace the guys that had the ask orders placed and pulled them off when the price started to raise. They can come on this thread and witness that nothing is wrong with this particular case. But as I said nobody does nothing for free and I want the Twat to be exposed to his own stupidity. He has a good opportunity to make a lot of coins if he's right ( he's not). But kids like him never make facts follow their words, they are just a whisper in the wind.
Have a good day everybody, I'm off for a run
Giancarlo Bitfinex Team
   
January 11, 2015
https://bitcointalk.org/index.php?topic=178336.msg10112539#msg10112539
Realcoin became Tether. You can find all the infos you need here: www.tether.to It's still in beta now, but it will soon launch. We as Bitfinex will adopt it and I believe a few other trading platforms will do the same ( Huobi, Okcoin etc.). Not sure about Bitstamp, but they probably will at the end if adoption goes well......
   
June 24, 2017
https://bitcointalk.org/index.php?topic=1242938.msg19743536#msg19743536
For investing purpose i hold BTC mainly. Just praying for bump :)
   
August 05, 2017
https://bitcointalk.org/index.php?topic=1935098.msg20645911#msg20645911
(Economy / Service Announcements / Re: [ANN] ChipMixer - mixing reinvented)
I cant find about fees on site. Can you pls give more information?
submitted by lol-tether-throwaway to Tether [link] [comments]

Peter R’s Theory on the Collapse of Mt. Gox

TL/DR: A young man had a secret. To keep it hidden, he kept digging until the hole was a billion dollars deep. This is a speculative tale of a great bitcoin theft from MtGox in 2011 and the efforts that this man undertook to fix it. The tale explains the bitcoin bear market of 2011, the explosive rally of 2013, delayed fiat withdrawals, malled transactions, and a bot named Willy.
By the time you realize that real life has begun, you are already three moves in.”—Author unknown
It was June 19, 2011. Mark, a 26 year-old young man—a boy really—was ecstatic. He had recently purchased MtGox—a small, online exchange for trading virtual tokens—and business was booming. These virtual tokens were called bitcoins and Mark loved them.
Bitcoins were an obscure curiosity: a peer-to-peer electronic cash system that allowed users to store and exchange credits with any other user in the world, nearly instantly, and without the assistance of a third-party or the permission of an authority. All that was needed was a 78-digit secret number—a key if you will.
In order for his customers to withdraw their bitcoins over the internet, MtGox stored some of these keys on its online server. The remaining keys were stored on USB drives and backed up on paper to prevent theft should the server be compromised.
But theft was hardly a concern. In October of 2010, bitcoins were trading for $0.10 and the half a million bitcoins held by MtGox was worth only $50,000. But still Mark took precautions, diligently moving bitcoins to offline storage and leaving only what was necessary for customer withdrawals online. He truly wanted both his business and bitcoin to succeed.
By April, the bitcoin price had risen to $1 and by June it had exploded to $30. Between June 1 and June 15, an additional one million bitcoins were sent to MtGox and immediately sold, crashing the price back to $10. It was a hectic time, with hundreds of customers needing help, visits from the FBI related to the Silk Road black market, and stress related to the recent market crash. Young Mark was becoming a victim of his own success: there simply wasn’t enough time to get everything done. On this very day in June 2011, the keys to the recently-deposited 1,000,000 BTC were still sitting on his server.
Later this day, a group of hackers gained access to MtGox servers and executed fake trades that the world could see, driving the nominal price of bitcoin near $0. Mark was frantic. He quickly regained control of the servers and learned the dark truth: the million bitcoins that had recently flooded in earlier that month were gone. Mark admitted publically to the hack, rewound the false trades, but kept the truth of the missing coins a secret.
How could this 26-year old explain to his customers that he had lost their bitcoins? And if the world found out, would this kill the thing he loved so dearly? Would he go to jail? Or worse yet, would someone kill him? Mark decided that he would do what he thought was right: he would slowly earn back the lost bitcoin with MtGox trading fee profits and eventually make his customers whole again. He still had over 500,000 BTC left—he moved 424242.42424242 BTC between bitcoin addresses and convinced the community that MtGox was solvent. As long as withdrawals didn’t exceed deposits over a long period of time, no one would ever find out the truth. Or so he thought.
Meanwhile, the bitcoin thieves slowly mixed their coins with other coins, obfuscating the chain of ownership, and then re-selling these coins on MtGox using sock-puppet accounts. Mark tried to stop them, but there was no way he could know for sure which accounts were fraudulent—he even accused innocent people of bitcoin laundering. The constant selling of these stolen bitcoins drove the price down to $2 in November 2011. Mark faithfully used all of the MtGox profits to purchase coins back during this decline. But he would never use customer funds—that was a line he swore not to cross.
The selling of these stolen bitcoins continued at a diminished rate over 2012, and Mark continually purchased coins using the MtGox trading fees. The bitcoin economy was growing and new exchanges were opening up across the world. His bitcoin reserves weren’t building fast enough but the price of bitcoin kept rising (along with the dollar value of the missing bitcoins). He was worried that other exchanges would suck coins out of Gox and reveal his secret. He decided he needed to take decisive action: for the first time, he used customer funds to purchase real bitcoins. These large purchases by Mark further increased demand and ignited the great rally of spring 2013 when the bitcoin price shot from $20 to $266. Mark had reduced his liability in bitcoins, but in dollar terms the coins that were still missing were worth more than ever before.
On May 15, 2013 the US Department of Homeland Security seized millions of dollars from the MtGox Dwolla bank account. MtGox dollar reserves were already depleted at this point, and with the recent seizure, Mark could no longer make good on customer withdrawals in US dollars.
Under the guise of “banking problems,” MtGox slowed US dollar withdrawals to a trickle in the summer of 2013. Customers became increasingly worried and began to bid up the price of bitcoin on MtGox, as this was the only way to escape with their funds. MtGox had little fiat and very little bitcoins, but it learned one thing: as the price differential between Gox and BitStamp grew, the outwards flow of bitcoin slowed dramatically.
And so Willy was born. Willy was a bot, discovered by Wall Observers from bitcointalk.org and named by Opet on Bonavest's trading show, who would consistently purchased bitcoins at regular intervals between November 2013 and February 2014. Evidence that Willy belonged to Mark was revealed when both web and API trading at Gox was disabled for a brief period of time, exposing Willy as the only one left buying.
Willy served two purposes: he drove the price of bitcoin on the MtGox exchange high, thereby slowing and sometimes reversing the outward flow of real BTC, and he reduced the number of GoxBTC held by clients. Of course, this meant that Willy eventually became the owner of a huge number of GoxBTC (that were of course no longer backed by real BTC).
By December, the situation at MtGox was grim. In a desperate attempt to attract more funds, Mark offered reduced trading fees under the guise of celebrating their 1,000,000th customer. This partially worked, but Mark knew it was too late. If MtGox collapsed, it must appear that he didn’t know about the theft until now—for it was better to appear incompetent than criminal.
It was time to cover his tracks.
He purposely mixed immature coins into bitcoin withdrawals to delay the outward flow of coins, and later began malling his own transactions. He added the Gox malleability weakness not as a bug, but as a feature, so that it would seem plausible that outsiders had recently stolen the coins without his awareness. No coins were actually lost to malleability.
The MtGox coin supply dwindled to 2,000 BTC and on February 7, 2014. He had no choice but to disable bitcoin withdrawals. The end was near.
The problem Mark faced was that his customers had $150,000,000 credited to their accounts, yet the MtGox bank account only contained $38,000,000. He could blame the missing bitcoins on transaction malleability, but how could he explain where the fiat money went?
He shifted Willy into reverse and cranked the throttle. Willy relentlessly dumped bitcoins into the open bids. The price fell further and further, eventually dropping well below the BitStamp price. But still not enough people were buying! He needed his customers to buy the GoxBTC. Willy kept dumping coins until finally the price dropped below $100. MtGox even acquired new USD bank wires from customers looking to purchase the cheap coins. By this time, the majority of Gox customers had converted their dollars into bitcoins.
On February 28, 2014, Mt Gox filed for bankruptcy protection in Tokyo, reporting 6.5 billion yen in liabilities, 3.8 billion yen in assets, and 750,000 of customer bitcoins missing. Willy had failed to completely close the fiat solvency gap and Mark finally admitted to having lost the coins.
Now we watch the rest of the story unfold. A story of how an oversight during a hectic period, an untimely theft, and an attempt to cover it up, lead to the greatest loss in the history of bitcoin.
Cross-posted from: https://bitcointalk.org/index.php?topic=497289.0
submitted by Peter__R to Bitcoin [link] [comments]

Cryptocurrency Price: Suspicious Activity with USDT Tether

Good Morning.
I have been following and trading cryptocurrencies since 2013 and recently I have discovered something that worries me.
Some time ago, certain bitcoin exchanges (particularly Bitfenix and Poloniex) have started quoting their Cryptocurrencies in a unit known as "USDT" or Tether. This is not real fiat currency but a cryptocurrency supposedly backed 1:1 with US Dollars by a private corporation. Apparently Bitfenix has an ownership interest in this "tether" and back in late december the market cap of this USDT cryptocurrency has ballooned by about $50M.
This market cap expansion curiously started happening around the same time that the price rallies in Bitcoin, Litecoin, Ethereum and Dash kicked off. The way tether "works" is when a user wants to withdraw fiat to their conventional bank account they send their tether to the company and the company deposits real dollars into their bank account no questions asked. The legitimacy of their operations has been questioned in the past and over the past few days the market has started to discount the true value of USDT tether significantly; it is currently quoting around $0.925.
The problem here is that this is creating a very large price spread between exchanges that quote ACTUAL dollars and those that quote tether. This distinction is not being made clear, which I think is having an unhealthy influence on price rallies in cryptocurrencies. Furthermore, I have doubts that this tether is backed by dollars at all and in all likelihood is a fractional reserve.
The market caps of crypto currencies are misleading because a large number of coins are "parked" off exchanges and are not part of the real trading float. These markets are so small that $50M in counterfeit dollars can have a HUGE impact on the price.
I can also confirm from several traders that there has been significant interest in arbitrage trading between the exchanges only to discover that the tether currency cannot be withdrawn to the lower priced exchanges to support prices elsewhere. To me this smells a lot like the Mt. Gox situation back in 2013 when fake money was used to pump up the price of bitcoin using the "willy" trading bots. The arbitrage is attracting new deposits to these sketchy exchanges and the issuers of tether can literally buy cryptocurrency from unsuspecting sellers with funny money.
I personally think its going to result in bitcoin and other currencies "shooting to the moon" on the back of a devaluing tether and many ignorant traders on other exchanges are going to get caught with their pants down once this thing blows up.
If anyone finds this interesting enough to investigate further perhaps you can shed some additional light on the situation.
submitted by CryptoTraderPro to Bitcoin [link] [comments]

Complete List of Echo/ Alexa 'skills'....

I was googling a Echo skills list and came across this thread. I am new to Reddit and this is my 1st post ever . I went thru the skills list on the Echo app, it is now 31 pages long.
Most of the skills are still crap, a few are small audience. Anyway, here is the complete list of skills as compiled by me from the Echo app over the last day or 3:
(it was a PIA getting this list formatted to Reddit rules and it has to be split into 2 posts. Hope it works out right....)
Amazon Alexa Skills An Alphabetical Listing
1-2-3 Math
Alexa, Open one two three
Tests your elementary mathematics topics like after, before, between; greater or lesser, more or less, addition, subtraction etc.
1-Minute Mindfulness
Alexa, Ask Mindfulness for a minute meditation
allows you to take a break from the world around you & enter into a one minute sound meditation.
21 Dayz
Alexa, start 21 Dayz
As the saying goes, it takes at least 21 days to build a habit. Use 21 Dayz to help guide you in your journey to developing new business or personal habits.
4AFart
Alexa, Ask For A Fart
Have all the fun of a fart without any of the smell.
7-Minute Workout
Alexa, start seven minute workout
Are you ready to lead a happier, healthier life? Get your heart moving and reduce stress in only seven minutes a day.
7Sigma
Alexa, ask 7 Sigma for my update
Get concise updates on all elements of your operation and infrastructure based on combined data from multiple sources.
Abra
Alexa start Akinator
Abra is a character-guessing game. Think of a character, real or fictional, and Abra will ask you questions and figure out who it is.
AccuWeather
Alexa, start AccuWeather
Stay connected to the latest in weather forecasting with AccuWeather – Weather for Life. Ask for weather alerts, sunrise, sunset, moonset, moonrise & moon phases
Acoustic Metronome
Alexa, open metronome
Having trouble keeping the beat? TsaTsaTzu can help you keep your groove with a nice acoustical drum beat to help you keep time.
Admirer
Alexa, tell my admirer to make me smile
Make your day better with a compliment
Adventure
Alexa, open adventure and play dave of doom
The Adventure skill enables you to interact with stories and change their ending.
Age Calculator
Alexa, ask Age Calculator, how old is someone born on [June 12, 2015]?
The Age Calculator helps calculate age between a given date and now.
Agog Reader * Alexa, ask Agog Reader for [Barack Obama]*
Listen to Tweets
Amazing Word Master Game
Alexa, ask Word Master to play a game
interactive way to learn and challenge yourself with words, while having fun with competing scores. Score higher to win.
Angry Bard
Alexa, ask Angry Bard for a burn
Have at you, knave! The Angry Bard skill is ready to throw barbs from the Bard anytime you like.
Animal Game
Alexa, start Animal Game
Play guess-an-animal game with Alexa. Think of an animal and Alexa will guess it by asking questions.
Animal Sounds
Alexa, ask Animal Sounds what noise a lion says.
Alexa is learning a few new languages, animal languages that is. Ask Alexa to make the sounds your favorite animal makes.
AnyMote Smart Remote
Alexa, ask AnyMote to pause my Sonos
Turn your voice into a real universal remote. Alexa, tell AnyMote to power on my TV.
AOL
Alexa, ask AOL for the top headlines
AOL provides you the information that you need to know to stay informed and up to date covering these categories: news, sports, finance, entertainment
Apollo - God of Music
Alexa, ask Apollo to tell me a fact
Shares music related facts and lets you know who are the hottest artists of the week.
APRS
Alexa, use APRS and locate [kilo victor six mike dash seven]
Locate APRS stations
Area Code
Alexa, ask Area Code where is [eight six zero]
Area Code Lookup
Ask Daddy
Alexa, ask Daddy for a hug
provides comic relief as it realistically responds to questions asked by his child.
Ask Earthquakes
Alexa, Ask earthquakes what's shakin'
Recent earthquake information
Ask Grandmom
Alexa, ask Grandmom for candy
provides comic relief as it realistically responds to questions asked by her grandchild.
Ask My Buddy
Alexa, ask My Buddy to help me get started
provides an easy and immediate way to send a text message, Voice call, and an email alert message to any or all of your contacts.
AskAboutTrump
Alexa, ask Trump how do you feel about [Rosie O'Donnel]
Ask Donald Trump a question
Athan
Alexa, ask Daily Prayers for prayer times in [Seattle]
Athan provides the Islamic Prayer Times in a given city.
Audio Goal
Alexa, ask Audio Goal for a goal
Celebrate a goal - or anything else - with a classic audio "GOOOOOL" sound.
Automatic
Alexa, ask Automatic where my car is
Find out where your car is parked, how much gas you have left, or how far you've driven recently. This skill requires an Automatic adapter.
Aviation Weather Brief
Alexa, ask Aviation Weather what is the metar for [KSMO]
Aviation Weather METAR's & Flight Rules
Baby Names
Alexa, open Baby Names
Ask about the popularity of names in the US going back to 1880
BART Status
Alexa, open BART Status
Gets current BART service advisories
BART Times
Alexa, open BART Times
Provides the times of the next trains between your home and destination stations and gives live Service Advisories and Elevator status information.
Baseball Archive
Alexa, ask Baseball Archive about [Willie Mays]
Get information and statistics for any player in the history of Major League Baseball.
Basket Savings
Alexa, ask Basket if whole milk is on sale near [Des Moines, IA.]
Find local sale prices for your favorite grocery items.
BatteryBoot
Alexa, ask battery boot where to buy it?
Everything you need to know about the Battery Boot which is the best and only battery Boot for your Echo.
Bean Jar - family rewards system
Alexa, tell Bean Jar to add ten points to [Gryffindor]
Manage a family or group rewards system, keeps track of points like a virtual "bean jar" for motivation. See beanjar.net
Beat Cylinder
Alexa, launch Beat Cylinder
Alexa shows off her beat-boxing skills. Ask for a beat by name ("phat", "old school", "electronic", etc.) or "random".
Beat The Dealer
Alexa, ask the dealer to deal the cards
Beat the dealer in this game of Blackjack.
Beer Trivia
Alexa, launch Beer Trivia
Think you know beer? Crack open a cold one and test your beer and brewing knowledge with Beer Trivia
Best Picture Oscars The Last 30 Years
Alexa, start Best Picture Oscars
Best Picture Oscars for the last 30 years
BF Helper
Alexa, ask Basic Fantasy to roll a [Thief]
A companion Skill for Basic Fantasy RPG players.
Bible
Alexa, ask the Bible App to read [John3 verse16]
The Bible App for Alexa can read Bible verses and chapters to you in your favorite Bible version.
Big Game Ultimate Trivia Quiz
Alexa, start Big Game
It's the 50th anniversary of football's biggest game. Test your Big Game knowledge with the ultimate Big Game trivia quiz
Bingo
Alexa, open Bingo
Alexa will call the numbers for you. Each number is repeated and sent to the Alexa app as well. Get a free Bingo card at lovemyecho.com.
BioRhythm
Alexa, open BioRhythm.
Calculate your natural biorhythm for today for entertainment purposes.
Bitcoin Price
Alexa, tell me the current Bitcoin price
Returns the current price of a Bitcoin in US dollars from coindesk.com
Bitcoin Price Checker
Alexa, open Bitcoin Price Checker
Check the Bitcoin exchange rate.
Bitcoin Rate
Alexa, open Bitcoin Rate
Provides the current value of 1BTC in your preferred base currency, along with useful Bitcoin market data.
Block World Trivia
Alexa ask Block World Trivia
Ask Alexa to help you show off your crafting skills by answering over 30 different multiple choice questions.
Booze Trivia
Alexa, launch Booze Trivia
Fun trivia about alcohol to impress your friends
Bubble Boy
Alexa, ask Bubble Boy to tell me a joke
The Bubble Boy skill tells a funny quote from the popular sitcom - Seinfeld.
Buddy for Destiny
Alexa, ask my ghost what's Xur selling
Provides useful information like Xur inventory and weekly activities to Destiny players.
Bulls and Cows game
Alexa, tell Bulls Cows to start a game
Bulls and Cows game as described here: https://en.wikipedia.org/wiki/Bulls_and_Cows
Calculator
Alexa, ask calculator for [nine plus five]
Let your echo help you do the calculation, it is cool and you won't make mistake.
Call Sign
Alexa load Call Sign and find [november zero uniform sierra mike]
Look up Amateur (HAM) radio call sign information from the call sign database.
Campbell's Kitchen
Alexa, ask Campbell's Kitchen what's for dinner
Your kitchen just got a whole lot smarter. Make dinnertime easy with a daily Top-5 list of triple-tested recipes, selected for your tastes and time preferences.
Capital Quiz
Alexa, tell Capital Quiz to start practicing
Helps you practice and then quizzes you on the names of the capital cities of all 50 US states.
Cat Facts
Alexa, open Cat Facts
Tells you a fact about feline friends.
Cat Raiser
Alexa, ask cat raiser how is my cat
Raise your e-cat living in Alexa.
CheerLights
Alexa open cheer lights
Find out what color the World feels like right now.
Children's Bible Quiz
Alexa open Children's Bible Quiz
Simple Bible Quiz
Christmas Caroler
Alexa, tell Christmas Caroler to spread holiday cheer
Listen to Alexa and learn the lyrics to some yuletide favorites.
Code Phrase Generator
Alexa, ask for a code phrase
Generate a code phrase for your next top secret project.
Combat
Alexa, open combat and hit the dragon with my sword
Allows you to engage in any sort of conflict with entertaining results.
CompliBot
Alexa, open CompliBot
It wants nothing more than to make your day a little bit better.
Conductor
Alexa, ask conductor to get status for the [7] train
Get information on your commute. So far supports NYC subway/LIRMetroNorth status (NYC bus coming soon).
Conversation Starter
Alexa, open Conversation Starter
Great way to get suggested conversation topics for you and your friends.
Convrge
Alexa, ask Convrge, who's online
Find out who's online at in Convrge
CookBook
Alexa, ask cook book how to [make a burger]
This skills allow users to find recipes - ingredients, cook steps, health info etc
Covisint Trivia
Alexa, launch Cove Trivia
Game that will test your knowledge about the Covisint company. Good luck.
Craft Helper
Alexa, ask Craft Helper what's the recipe for [a saddle]
Can't remember exactly how to craft an enchantment table or a dropper in Minecraft? Craft helper can give you the recipe fast.
Cricket Quiz
Alexa, launch cricket quiz
This is a trivia game for cricket game lovers.
CryptoCurrency
Alexa, ask my crypto what is the price of bitcoin?
Get the current price of bitcoin right now. All you have to do is ask and the current exchange rate is announced.
Crystal Ball
Alexa, launch Crystal Ball
A fortune teller skill. Alexa prompts you to first focus on a yes/no question, and then say when you're ready to hear the answer.
Currency Converter
Alexa, ask Currency Converter to convert [twenty dollars to euros]
Alexa is able to convert 10 kind of currencies from the world and tell you the current currency exchange too. Ask Alexa to convert from one currency to another.
D.C. Tech Cal
Alexa ask D.C. Tech for news
Read the latest news and events from the Washington D.C. tech scene.
Daily Affirmation
Alexa, open Daily Affirmation
The Walking Affirmations Daily Affirmation skill provides a daily uplifting, positive thought for you to take throughout the day.
Daily Word
Alexa open Daily Word
Selects a new word for every day of the year.
DC Metro
Alexa, ask DC Metro for the next train arriving at [Columbia Heights]
Gives Washington DC Metro light rail train arrival and departure times, as well as maintenance or incident reports.
Demotivate Me
Alexa, open demotivate
Tired of everyone lying to you? This skill will tell you the truth.
Dice Bag
Alexa, tell Dice Bag to roll for me
Board game missing dice? Random encounter? Dice Bag will roll for you, complete with dice rolling sounds.
Dino Trivia
Alexa, open dino trivia
A humorous dinosaur trivia game. Echo asks questions and you answer by choosing 1,2,3,4. Dinosaur questions include real and silly answers.
Dog Facts
Alexa, tell me a dog fact
Get daily Dog Facts
DogeCoin
Alexa Start Dogecoin
Get the spot price of DogeCoin, one of the top crypto-currencies worldwide
Domain Name Info
Alexa, launch domain name info
Locate different DNS record information for a given domain name
Domino's Pizza
Alexa, open Domino’s
Place your Domino's Easy Order or your most recent order. You can also ask for Domino’s Tracker® updates to find out the current status of your order.
DrinkBoy
Alexa, ask Drink Boy what is the recipe for [a sidecar]
Provides recipes for over 200 popular cocktails.
Drive Time
Alexa, launch Drive Time
Drive Time gets you the travel time to your destinations.
Drop Some Knowledge
Alexa, ask drop some knowledge to tell me about [Abraham Lincoln]
Uses the Google Knowledge Graph API to drop some knowledge about anyone / anything.
Edgar Facts
Alexa, tell me an Edgar fact
Edgar Facts is for anyone who loves Edgar the dog and can't get enough of that adorable bugg. Brighten your day with fun facts about Edgar
EGR Lunch Bot
Alexa, ask lunch bot what's for lunch today
Hot lunch for East Grand Rapids Public Schools (all elementary schools).
Elf Trivia
Alexa, open 'Elf Trivia'
Love the holidays? Elf Trivia is a fun, light-hearted multiple choice game for 1 player.
Eliza
Alexa, start Eliza
Is something on your mind? Ask ELIZA (pronounced "ih-L-AY-z-uh") to talk to you for a psychotherapy session.
ELLE Horoscopes
Alexa, ask Horoscope what is the horoscope for [Gemini]
Get every sign's horoscope for today. Find out if the moon's position presents any new opportunities
Email Assistant
Alexa, open Email Assistant
Alexa + Email = the only assistant you can ask about upcoming travel from mail. Coming soon ask where your Amazon package is and much more is on the way
Esports Ticker
Alexa, ask Esports Ticker for live matches
Get recent matches, upcoming matches, and live matches in the world of esports.
Essential Trivia
Alexa, open Essential Trivia
Essential Trivia
Event Guide
Alexa, ask Event Guide what's going on today in [city name]
Get event listings from www.Bandsintown.com.
Famous Quotes
Alexa, ask Famous Quotes to tell me quote
Simple skill that reads you famous quotes from history and movies.
Fantasy Football
Alexa, ask Fantasy Football Nerd for headlines
Retrieve fantasy football news and player updates on the Top 300 players directly from Fantasy Football Nerd.
Fidelity Investments
Alexa, Ask Fidelity to get a quote for [Amazon]
Ask Fidelity Quote Lookup and Market Update
Five Card Draw
Alexa, start five card draw
play classic Five Card Draw card game
FlightSearch
Alexa, Ask Flight Search
Search DOMESTIC U.S. flights for lowest price, one way or round trip. Say "Ask Flight Search". Top 5 flights sent to your Alexa app.
Focus Word
Alexa, open Focus Word
Focus Word provides an inspirational word and statement about the word to serve as a point of focus for meditation or for the day.
Football Trivia
Alexa, open Football Trivia
Trivia game asking questions that pertain to professional American Football.
For The Loft Cinema
Alexa, Ask Loft Cinema What is playing now
Allows users to inquire about movies playing at the Loft Cinema (in Tucson, Arizona) for today or the upcoming days.
Fortune
Alexa, open fortune
Read a random, hopefully interesting, adage.
Fortune Cookie
Alexa, open Fortune Cookie
Get a fortune cookie, read to you and receive your own Mega Millions or Powerball numbers.
Founding Father Quotes
Alexa, ask founding fathers for a quote
Get quotes from our Founding Fathers, the political philosophers who inspired them, and their modern successors.
FreeBusy Scheduling Buddy
Alexa, ask FreeBusy to see if Paula is free [Tuesday]
Easiest way to share availability across calendars and coordinate meetings (for free). Check when you own contacts are available
Freedom Quotes
Alexa, ask freedom quotes for a quote
Get freedom-themed quotes
Game Dice
Alexa, ask game dice to roll [three ten siders]
Use Game Dice to have Alexa roll dice of various sizes for you.
Garageio
Alexa, tell Garageio to close my door
Garageio is the simple and secure way to control and monitor your
garage door from anywhere in the world, all without needing to replace your existing opener.
Geek Games
Alexa launch geek games
Geek games is trivia skill to test your knowledge of random geeky facts of the Eighties and beyond
Geek Trivia
Alexa, ask a geek
Asks you 5 trivia questions per game. It’s a fun way to test your geek knowledge of a famous movie or TV show.
GLaDOS Quotes
Alexa, ask Glados to tell me something
Get quotes GLaDOS from Valve's Portal.
Glympse
Alexa, ask Glympse where is [Sylvia]?
Allows family and friends to temporarily share their live location and ETA with each other. Just ask Alexa for a friend's location to get started.
Gold Bug
Alexa, ask Gold Bug what's the price of [gold/silveoil]
Get the latest closing day prices for gold, silver and oil with Gold Bug
Gridiron Trivia
Alexa, launch Gridiron Trivia
Test your knowledge of the Gridiron's winners and MVPs.
Guess The Number
Alexa, launch Guess The Number
See how many tries it takes you to guess a random number between 1 and 100. Alexa will tell you to guess higher or lower until you get it.
Guide for ARK
Alexa, open ARK Guide
Guide for ARK
Guitar Tuner
Alexa, ask Guitar Tuner to tune my guitar
Use Guitar Tuner to tune your guitar.
Hacker News
Alexa, open Hacker News
Read Hacker News headlines.
Hacker News Stories
Alexa, ask hacker news for top stories
Stay up to date with the latest stories about technology, business,
and entrepreneurship.
Hacking History Trivia
Alexa, start Hacking History
Hacking History Trivia challenges you with fun and interesting questions about the history of computing and hacking
Haiku
Alexa, ask Haiku for a poem
Haiku poem generator.
Hanker
Alexa, ask Hanker what I should do in [New York] tonight
Hanker is your go to local event guide for all that's happening in your city. From the arts, to parties, to date night and more, Hanker has everything you need.
Happy Birthday
Alexa, launch Happy Birthday
Alexa sings (raps?) Happy Birthday. Tell your Echo the name of the lucky birthday girl or boy and Alexa does the rest. A variety of surprising song variations.
HawkBus
Alexa, ask Hawk Bus about [7252]
Get the time until the next bus arrives at a specified bus stop in the Iowa City area.
Hebcal
Alexa, ask Hebcal when is [Passover]?
Jewish holidays, Hebrew date converter, Shabbat candle-lighting times, weekly Torah portion, and Omer counter.
Hey Dad - Dad Jokes
Alexa, open Hey Dad and tell me a joke
Tell me a dad joke
High Low Guessing Game
Alexa, open High Low
This is the number guessing game of “higher or lower.” In this game, Alexa chooses a number and you try to guess it or you can play the other way around.
HomeSeer Home Automation Skill
Alexa, tell HomeSeer to turn on the kitchen light
Allows HomeSeer home automation system users to control and monitor status of their devices and to launch their automation events using the Amazon Echo
House Band
Alexa, launch house band
House Band allows you to access your JRiver Media Center music server. You can play your music, search your library, and create Play Doctor playlists.
HuffPost
Alexa, ask HuffPost for headlines
Get headlines from The Huffington Post
Impossibly Hard Major League Baseball Quiz
Alexa, launch Impossible Baseball Quiz
You should not take this baseball quiz. It may be the hardest baseball quiz in history. If it's not, it's still really, really hard
IndianFacts
Alexa, ask Indian Guy to tell me an Indian fact
This skill tell you interesting facts about India which most people don't know.
Innkeeper Emotes for Hearthstone
Alexa, ask the innkeeper to say hello to the mage
Welcome to my inn. You can talk to your favorite Hearthstone heroes, and they'll emote back.
InsultiBot
Alexa, open InsultiBot
InsultiBot is so tired of talking to you. All it wants is for you to leave it alone. Is that too much to ask?
Iris
Alexa, ask Iris to holler at [John]
Say the command, “Alexa, ask Iris to holler at [name of recipient]” and Iris will send a pre-composed e-mail, asking the recipient to holler back.
ISY
Alexa, open izzy
ISY skill allows you to control your home using an ISY home-automation controller.
ITIL Foundation Quiz
Alexa, open I till Foundation Quiz
Sharpen your ITIL Foundation knowledge or supplement your certification preparation with the assistance of this practice quiz.
JavaScript Quiz
Alexa, Launch JavaScript Quiz
JavaScript Quiz tests you knowledge of the most popular development language.
Jazz Trivia
Alexa, start Jazz Trivia
Test your knowledge of jazz music.
Jeopardy! J6
Alexa, Play Jeopardy
Every Jeopardy! category has an “extra” clue written. Play these clues in the J6 game on Echo.
Jokes++: Computer Science Jokes
Alexa, ask Jokes Plus Plus for a computer science joke
An expansion of Alexa's cheesy jokes for all you CS majors out there.
Kasa
Alexa, ask Kasa to turn the lights on
Kasa is a simple way to manage your home from anywhere.
KCRW On Air
Alexa, ask KCRW what's playing
Gives you the current program or track playing on KCRW radio.
Knock Knock Jokes
Alexa, ask knock knock
Knock, knock! Who's there? The best collection of knock-knock jokes
for the Amazon Echo you could imagine.
L Train
Alexa, ask the L Train when it's coming?
When the next train is coming to your NYC MTA L train stop, and listen to the current L train status.
submitted by nola-t1k1 to amazonecho [link] [comments]

It was Willy the Bot all the time

After long digging I finally found a workable scenario explaining virtually everything: missing coins and fiat and even so called Willy the Bot.
lnovy> Yes... stay tuned... I have a clue :) gammer> lnovy any news ? lnovy> yes... almost... I'm missing just one single piece now gammer> if you're pulling a prank on us these couple of days... it so not cool :D lnovy> They way the theft worked was usign the paybutton api lnovy> there is an obvious cross-site request forgery bug in it lnovy> attacker create a one-shot button, setting a price in USD and putting in a bitcoin address lnovy> then he made a victim with mtgox account "click" this pay button lnovy> which caused market buy order for that amount to be filled (known as satoshi's thrust, or willy the bot) and after filling coins were instantly send to target address gammer> lnovy: you know this for a fact? lnovy> when you combine this with some other scamming/carding technique and faked AML documents, mtgox would lose bitcoins and fiat deposit would be charged back lnovy> I'm sure of it up to the second part (when you combine...) lnovy> I can prove it lnovy> well... not prove it... but I have no other possible explanation gammer> how you get the victim to click your "custom" button? lnovy> check the source of this page http://webcache.googleusercontent.com/search?q=cache:bnsz3it6l9YJ:https://payment.mtgox.com/21b2e5c5-79d5-4192-bd6e-9e08975cc3ac+&cd=59&hl=en&ct=clnk&gl=cz&client=firefox-a lnovy> no protection against csrf gammer> We lack data. These are all great (impressive) guesses, but far from a smoking barrel. lnovy> notice that when you google 21b2e5c5-79d5-4192-bd6e-9e08975cc3ac lnovy> You already paid that transaction in the past! We have a transaction from your account on the 2013-08-08 13:20:12 lnovy> When you lookup "2013-08-08 13:20:12" in withdrawals db lnovy> ae04aae7-d6dc-4f34-a2df-0930480786e6,e887c417-1fbe-4988-a76d-515b6a528e8b,"2013-08-08 13:20:12",withdraw,-26.92114483 lnovy> this user did two withdrawals only, no deposits lnovy> ae04aae7-d6dc-4f34-a2df-0930480786e6,ce7a32a0-1be7-4c0c-b06c-75aa77f5c311,"2013-08-08 13:05:45",withdraw,-27.18101624 lnovy> this is the second one lnovy> his balance is lnovy> | ae04aae7-d6dc-4f34-a2df-0930480786e6 | 83d24ca9-0f6e-4061-ad75-f4698c9ad58a | BTC | 56783893 | 0 | 7 | virtual | NULL | NULL | N | 2013-08-08 13:20:12 | gammer> hmm, maybe there is some smoke there. lnovy> | 673c4e76-a8e1-424a-af72-f994054236f4 | 83d24ca9-0f6e-4061-ad75-f4698c9ad58a | USD | 7952770 | 0 | 4 | virtual | NULL | NULL | N | 2013-08-08 13:04:28 | lnovy> notice that no more moving of BTC was done after withdrawal at 2013-08-08 13:20:12 lnovy> ../trades/2013-08_coinlab.csv:1375967016444075,"2013-08-08 13:03:36",592438,83d24ca9-0f6e-4061-ad75-f4698c9ad58a,ec0919d81d73ab12dc7375677723fea9,NJP,buy,USD,54,5507.94438,97.114,534897.778,0,97.114,0,0.1296,1330.073,US,NJ lnovy> ../trades/2013-08_coinlab.csv:1375967068401809,"2013-08-08 13:04:28",592438,83d24ca9-0f6e-4061-ad75-f4698c9ad58a,ec0919d81d73ab12dc7375677723fea9,NJP,buy,USD,1,101.97792,97.114,9903.47,0,97.114,0,0.0024,24.631,US,NJ lnovy> he did only this two trades... lnovy> notice that all of his limit value on wallets is null, but dissable limit is false lnovy> last piece: https://blockchain.info/address/1La4eXNXYLF41cnkADh2pKi8LGN7ePSFde lnovy> this address leads to mixnet :) lnovy> so... is the barrel smoking now? gammer> Looks convincing gammer> Any way to tell how much flowed through that exploit? lnovy> well... my query is still running... But I bet, that everything that was considered to be "will the bot" will be linked to this method lnovy> can I leave your nicknames in when I paste this on reddit? 
submitted by lnovy to Bitcoin [link] [comments]

"Researchers find that one person likely drove Bitcoin from $150 to $1,000"

This is the best tl;dr I could make, original reduced by 49%. (I'm a bot)
"This paper identifies and analyzes the impact of suspicious trading activity on the Mt. Gox Bitcoin currency exchange, in which approximately 600,000 bitcoins valued at $188 million were fraudulently acquired," the researchers wrote.
The team found that many instances of price manipulation happened simply because the market was very thin for various cryptocurrencies including early Bitcoin.
"Despite the huge increase in market capitalization, similar to the bitcoin market in 2013, markets for these other cryptocurrencies are very thin. The number of cryptocurrencies has increased from approximately 80 during the period examined to 843 today! Many of these markets are thin and subject to price manipulation."
The manipulation happened primarily via two bots, Markus and Willy, that seemed to be performing valid trades but did not actually own the bitcoin they were using.
During the Mt. Gox hack a number of these bots were able to create fake trades and make off with millions while manipulating the price of BTC. The publicly reported trading volume at Mt. Gox included the fraudulent transactions, thereby signaling to the market that heavy trading activity was taking place.
"As mainstream finance invests in cryptocurrency assets and as countries take steps toward legalizing bitcoin as a payment system, it is important to understand how susceptible cryptocurrency markets are to manipulation. Our study provides a first examination," write the researchers.
Summary Source | FAQ | Feedback | Top keywords: trades#1 Bitcoin#2 market#3 Mt.#4 Gox#5
Post found in /EnoughLibertarianSpam, /science, /Economics, /economy, /neutralnews, /topofreddit, /theworldnews, /BitcoinCryptoNews, /technology, /free_karma, /news, /Bitcoin, /Buttcoin, /SzechuanSauceSeekers, /conspiracy, /thenewsrightnow, /Bitcoin, /Bitcoin, /bitcoininvesting, /btc, /CreatingValue, /BlockChain, /Ripple, /usa, /ethtrader, /bitcoin_uncensored, /DinarDirhamCom, /DamnInteresting, /CryptoCurrency, /liberta, /XRP, /u_phillybitcoinconsult, /BitcoinAll, /CryptoCurrencies, /hackernews, /u_hashoshi4, /bprogramming, /NewsWhatever, /ethereum, /sidj2025blog and /CryptoCurrency.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Longterm correlation: BTC Users vs BTC Price

TL;DR at the end...
So I've been looking at a way to find the fair value of bitcoin for a while now. There's probably no perfect way (with reflexivity, the price can change absent the number of users/other "fundamentals").
The main difference between this and previous price extrapolations, is that i assume the willy bot from mt gox artificially inflated the price of bitcoin during both 2013 bubbles, and that the trendline from 2009 to end of 2012 is more accurate going forward. I can't prove this, and its defintiely up for discussion, but my analysis should show a conservative price estimate that is quite different from the normal 10x increases in price per year that i normally see here. take it is as bearish in the medium term (5 years) but bullish long term (10+ years)... My assumptions:
*zipfs law is most accurate - meaning a 1:1 correlation in users to price. 2x the users and you will 2x the price (I don't think metcalf's law applies...run the numbers and you have something like 1000x the worldwide wealth when you get to a few hundred million users). Zipf's law is usually what is used to judge facebook, whatsapp etc so i'll use that
*Judging the number of users over time if tough. I ended up using the number of users on bitcointalk.org as it roughly matches the number of serious users today (about 350K btctalk.org users and about 350K btc users with more than .1btc as of today) and in the past. Going forward i doubt btctalk.org will be the best proxy for users, but for now its prob the best historical representation for 2009-2014. Also, I don't consider someone with less than .1 btc a real user.
*Now the relationship, is basically take the number of btctalk.org users and divide by 6000 to get the price per btc. I realize btc market cap is a better way to do this, but i'm to lazy so i'm going to use price per btc. (could change
Date Btctalk.org Users Actual BTC Price Predicted BTC price
7/1/2010 656 $.06 $.11
1/1/2011 3,964 $.30 $.66
7/1/2011 36,713 $15.40 $6.12
1/1/2012 50,878 $4.25 $8.48
7/1/2012 63,266 $6.76 $10.54
1/1/2013 79,864 $13.54 $13.31
7/1/2013 141,764 $91.00 $23.63
1/1/2014 233,982 $746.90 $39.00
7/1/2014 360,513 $654.00 $60.09
As we can see...we are significantly overvalued according to this measure. Fair value is currently at $60 per btc On the flip side, user growth is going at 2x or 3x per year, which is quite quick. We would reach $500 per coin on my fair value measure in 3 years or so if the user growth continues.
As a counterpoint though, we could say "the articial price increases from willy, artificially increased the number of users. what is the TRUE user growth without price increase impact". To answer this i looked at user growth during periods of stable btc price. It was about 90% annual growth or about 2x per year. When tracking early internet user growth say from 1985 to 1995, we see about 2x per year so there are some other data points.
Again, none of this is the gospel. Correlation <> Causation and all that good stuff. But i think this is a decent conservative reference point that can be used in conjunction with other estimates.
TL;DR - Using the user base to btc price correlation from 2010-2012 (so as to remove the artificial price increase caused by willy bot in the 2013 bubbles), current "fair value" of btc based on current user base is around $60-70 per bitcoin. However i'm still Bullish on a 5+ year time frame. Very Bullish.
submitted by greenearplugs to BitcoinMarkets [link] [comments]

Researchers find that one person likely drove Bitcoin from $150 to $1,000, in a new study published in the Journal of Monetary Economics. Unregulated cryptocurrency markets remain vulnerable to manipulation today.

This is the best tl;dr I could make, original reduced by 49%. (I'm a bot)
"This paper identifies and analyzes the impact of suspicious trading activity on the Mt. Gox Bitcoin currency exchange, in which approximately 600,000 bitcoins valued at $188 million were fraudulently acquired," the researchers wrote.
The team found that many instances of price manipulation happened simply because the market was very thin for various cryptocurrencies including early Bitcoin.
"Despite the huge increase in market capitalization, similar to the bitcoin market in 2013, markets for these other cryptocurrencies are very thin. The number of cryptocurrencies has increased from approximately 80 during the period examined to 843 today! Many of these markets are thin and subject to price manipulation."
The manipulation happened primarily via two bots, Markus and Willy, that seemed to be performing valid trades but did not actually own the bitcoin they were using.
During the Mt. Gox hack a number of these bots were able to create fake trades and make off with millions while manipulating the price of BTC. The publicly reported trading volume at Mt. Gox included the fraudulent transactions, thereby signaling to the market that heavy trading activity was taking place.
"As mainstream finance invests in cryptocurrency assets and as countries take steps toward legalizing bitcoin as a payment system, it is important to understand how susceptible cryptocurrency markets are to manipulation. Our study provides a first examination," write the researchers.
Summary Source | FAQ | Feedback | Top keywords: trades#1 Bitcoin#2 market#3 Mt.#4 Gox#5
Post found in /science, /Buttcoin, /technology, /Bitcoin, /btc, /Ripple, /usa, /bitcoin_uncensored, /DamnInteresting, /ethtrader, /bitcoininvesting, /CryptoCurrency, /CreatingValue, /liberta, /BlockChain, /CryptoCurrencies, /DinarDirhamCom, /XRP, /BitcoinAll, /u_phillybitcoinconsult, /hackernews, /ethereum, /u_hashoshi4, /bprogramming, /sidj2025blog, /NewsWhatever and /CryptoCurrency.
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submitted by autotldr to autotldr [link] [comments]

Long-term correlation: BTC Users vs BTC Price Historical Analysis

I posted previously trying to correlate bitcoin users to bitcoin price, and see if I could measure the affect of the Willy Bot from Mt. Gox on the 2013 bubbles
Original post:http://www.reddit.com/BitcoinMarkets/comments/2ey8pw/longterm_correlation_btc_users_vs_btc_price/
after some good feedback, I've updated my analysis. I expanded the time frame to include mid 2010 and now use active addresses (non zero bitcoin balance) directly from the blockchain instead of bitcointalk.org users as a proxy for total world wide bitcoin users
BELOW NUMBERS ARE INCORRECT!!!!!!!!!!!!!...see edit3 at end of post for details
Date Active Addresses on Blockchain Bitcointalk.org Users Transactions per Day per Active Address (Excluding Popular Addresses) Actual Bitcoin Market Cap Predicted Bitcoin Market Cap
2010/7/1 3,600 656 .0522 $260,000 $417,600
2011/1/1 36,250 3,964 .0179 $1,500,000 $4,205,000
2011/7/1 155,150 36,713 .0541 $110,000,000 $17,997,000
2012/1/1 580,000 50,878 .0061 $42,000,000 $67,280,000
2012/7/1 730,000 63,266 .0115 $65,000,000 $84,680,000
2013/1/1 1,100,000 79,864 .0118 $142,000,000 $127,600,000
2013/7/1 1,900,000 141,764 .0137 $807,555,000 $220,000,000
2014/1/1 2,400,000 233,982 .0168 $8,000,000,000 $278,000,000
2014/7/1 3,051,611 360,513 .0185 $7,500,000,000 $354,000,000
I ran a linear regression analysis (intercept set to 0) to get the predicted bitcoin market cap.
The formula is "Predicted BTC market cap" = "active addresses" X 116
i excluded data after 1/1/2013 because my hypothesis is that this more recent data was manipulated by willy bot and not indicative of true market demand
observations:
-Some suggested that bitcointalk wasn't a good proxy for users but it looks like growth in bitcointalk users has closely mirrored the blockchain active addresses
-Some suggested that transactions would show that Metcalf's law is operating here (ie more transactions per day per person). The "Transactions per Day per Active Address" column should show that there is no clear trend so i don't view that as good evidence for using Metcalf's law
-when you remove the spike in users from bubble growth, it appears user growth (measured by active addresses) is averaging about 100% annually. Long term this would be the expected growth in bitcoin market cap as well (though not smooth) if we use zipf's law to value bitcoin
-Maybe Metcalf's law was responsible for the 2013 bump in btc price...however we did NOT see Metcalf's law in effect from June 2010 to Jan 2013..we saw zipf's law in effect during that time frame (which says 2x in users = 2x in price...not 2x in users = 4x in price as Metcalf's law implies)
-This model implies a fair value of about $26 per bitcoin. This is obviously pretty low, and i'm not suggesting it will reach this point. Though i may suggest that bitcoin could languish in the 100-$800 range for a few years until my "fundamental bitcoin value" reaches that same $500 or so range (ie about 100m active wallets...around 2017-2019 or so)
-all of this is just a wild guess. I hate technical analysis and anything like it, but thought this was at least interesting. Don't buy or sell based on this info. I'm still a long term holder. I've just tempered my expectations time frame wise. 10x per year increases in price are over. No $100,000/btc coins in 2016.
edit: changed date formats
edit3: a bunch of my numbers above are wrong. See this comment and its Original post for better numbers: https://www.reddit.com/Bitcoin/comments/2pf202/historical_data_transactions_per_day_per_active/cmw64uc
submitted by greenearplugs to Bitcoin [link] [comments]

Everyone needs to just stop selling their bitcoin and hoard for life.

Guys, seriously, don't be stupid. We all got into this thing early... why the hell are people still getting shaken off? Why are you letting noobs get their hands on bitcoin without paying a premium? Why would you ever sell below your buy-in price and bet against bitcoin's nine year history? If every bitcoin HODLER refused to sell, do you know how fucking insane the price would have to jump to catch up with demand? More than you can imagine. In fact, there will be a time when there won't be a reason to sell... when merchants and consumers around the world transact with bitcoin, why convert your money (bitcoin) to fiat and pay a large chunk of capital gains to the government? You can retain ALL of that value when you transact directly with bitcoin. Don't think it's happening? Japan, Korea and Switzerland are already taking aggressive steps to make bitcoin easily available to the public and accepted by merchants all around the country. This is it fellas, we are on the verge of hitting mainstream. Stop selling bitcoin, all of us hodlers will flourish if we all just stay put and HODL together. Some things to consider:
Every single metric (coinbase 1million new users/month, localbitcoin data, hashrate, transaction count, new wallet addresses) is showing signs of massive continued growth! NOT the opposite as people will make you think with all the FUD.
THERE ARE ONLY 21M COINS!! Even less considering all the lost coins, the HOLDLER coins, Satoshi coins, etc... people need to understand how LIMITED the supply is. At the growth and popularity bitcoin is seeing, there is NO WAY the price can remain at this level with such a limited supply. Another 15 million people in this world can't even buy 1 whole bitcoin!!
As mentioned above Japan, Switzerland, Korea, India, and Australia are embracing bitcoin, regulating it, making it readily available to citizens and many merchants are rolling out with tech that makes it easy to accept bitcoin payments. Japan alone has over 100K stores that will start accepting bitcoin this summer. This trend will only continue to grow as bitcoin becomes more efficient and as more people acquire bitcoin.
The big bad "scaling debate" is like the only FUD people have about bitcoin... and the funny thing is, we HAVE the solution to scaling. Both parties that hold the key to ending this debate have incentive for bitcoin to succeed. Buy the rumor and sell the news people... the rumor is that bitcoin will scale, bitcoin will move forward, things are gonna work out and this debate will be a thing in the past like Mt Gox and Willy bot.
Bitcoin is here to stay. Don't care about Ethereum or the the million other centralized alts out there. Bitcoin is unique, bitcoin has no face or centralized foundation that change the protocol at will (hence why scaling took so long), bitcoin has the most recognition, the best reputation and the most trust, bitcoin is becoming a name everyone has heard, bitcoin is a true commodity, bitcoin has the most liquidity and security, bitcoin has the best developers in crypto, the higher the market cap grows the more stable the price will become and bitcoin is way ahead of the competition. With sidechains, colored coins, LN, smart contracts and other second layer enhancements... bitcoin can do pretty much everything the alts can do, while being far more secure and immutable, and finally it keeps it simple and does what it needs to do--be a currency, a store of value, and a limited/trustless/decentralized/immutable commodity--and it does it the best.
/rant.
Just hold your fucking bitcoin. Let the price rise and stop paying a piece of your bitcoin wealth to the government though capital gains tax. Stop letting the noobs join this train years later without paying a massive premium! We can all make it.
submitted by uzalbert to u/uzalbert [link] [comments]

Historical Data - Transactions per Day per Active Address (balance > 0) (June 2010 - June 2014)

I posted previously on some long term metrics that i track here:
https://www.reddit.com/Bitcoin/comments/2h8he9/longterm_correlation_btc_users_vs_btc_price/
and originally, here:
https://www.reddit.com/BitcoinMarkets/comments/2ey8pw/longterm_correlation_btc_users_vs_btc_price/
I wanted to make a significant correction (completely my error)...specifically in regards to the transaction per day per active address calculation. 1st part of the equation is unchanged: Transactions per day (from blockchain.info here: https://blockchain.info/charts/n-transactions-excluding-popular)
don't know how i missed this, but I found more accurate data on snapshots of active address count at points in time in the past....data is charted here:
https://i.imgur.com/jvSAvXh.png
with credit to gbianchi at bitcointalk.org:
https://bitcointalk.org/index.php?topic=441336.0;all
main correction is instead of infering active address count from total bitcointalk.org users (as i did in the past), the above imgur chart is exact counts for all previous time periods.
Date Active Addresses on Blockchain Transactions per Day (Excluding Popular Addresses) Transactions per Day per Active Address (Excluding Popular Addresses)
2010/7/1 53,000 188 .0035
2011/1/1 70,000 650 .0093
2011/7/1 325,000 8,397 .0258
2012/1/1 550,000 3,564 .0064
2012/7/1 750,000 8,390 .0112
2013/1/1 1,100,000 12,959 .0118
2013/7/1 1,900,000 26,076 .0163
2014/1/1 2,400,000 39,141 .0156
2014/7/1 3,000,000 56,597 .0185
so transactions per user about doubled 3-4 years! Much better than the flatlined "tx's per address" that i reported on my previous posts
edit: i threw this together in a rush, but if someone wouldn't mind going through and checking that i read that imgur chart right that would be great. I'll check again later, when i have time
edit2: calc for 12/15/2014 =87K trans per day/ 3.8M active wallets = .023 transactions per day per address. Still a rising trend
edit3: the above analysis fits only data from pre april 2013 bubble, as I believe the willy bot artificially pumped up the price...My guess: we are on a slow trend back to actual and predicted market caps meeting. That could be either 1) a drop to around $100 in 2015...or treading water in the $300 - $400 range until we reach fair value (anywhere from 2017 to 2023 depending on which model you use..see my comment to this thread below for more details)
edit 4 (on 2015-12-16): this is a major edit. Everything above this line remains unedited, but I am going to introduce a second pricing model. This original post used active address and tried to find a relationship between number of unique address and the bitcoin market cap. I still believe this will be the most accurate model in the long term. However in the short run, i think there is a better model. IN a perfectly efficient market, as the price of an asset rises, presumably many of the current holders will begin to sell. If this holds true then the active address to btc market cap relationship should hold up. However in the short term (say next 5-10 years...until 2025) i tend to think that bitcoin isn't all that efficeint. A $1000 per coin price rise may not bring as many sellers as a fully efficient market would imply . I think so many current holders of bitcoin are long term holders waiting for $10K per coin or more. That being said I think a second model, which I'll call a "Flow of funds fair calc" should be used instead. The basic idea is to still use the number of users, but instead of relatiing that to market cap, we are going to relate it to the total number of new coins created in a given period
Lets use an example. IN december 2015, there are approx 600,000 world wide users of bitcoin (those holding more than say .1 bitcoin - for further explanation see my previous posts linked in the orignal post). What i did was create a table back to 2009, by month, with the number of users in column A, number of new coins created in that given month in column B, and the implied relationship of "new $ added to the system per user" in column C. Column C basically says, given X users (column A), and the market cap at the time (and again assuming no selling), how much new dollars per new coins was there. If the price per coin remained the same (say $300 per coin), but 100K new coins came into existence via mining, then new $ to the system was 300 * 100K = $30M new dollars. if there were 500K users, then 30M/500K = $60 worth of new dollars per user per month. this $60 is the value in column C. It turns out that over time, column C is relatively stable. In times where it is significantly above $60, (ie 2013 bubbles) is when willy bot artificially pumped up at the price...see my previous posts on why we should ignore these bubbles when making our pricing models (it wasn't true market demand). Here is how that $60 number fluctuated over time.
http://i.imgur.com/QAY63Io.png
Using this $60 number (like minds can disagree but its generally been historically between $18 and $90), we can extrpolate into the future what the price per coin will be..taking into account block halvings etc as well as estimating future growth rate in number of users (which has also been relatively constant..see my earlier posts for details on user growth rate in the future as well as comments replying to this post).
So here is how my new flow of funds calc did in the past in comparison to actual price http://i.imgur.com/uzGuib3.png
and here is how both models look going forward assuming a 37% annual growth rate in users and a constant $60 new dollars per user per month number for the foreseeable future http://i.imgur.com/rYjbKED.png
so a few things to note. On the first image, you can see that predicted price is fiarly accurate (especially lately in late 2015) and is much more accurate as of late than the original user count to market cap correlation (which calls for sub $100 coins in Jan 2016).
My guess is that again, for the next few years (3-10 years), flow of funds will be more accurate as a price predictor...then starting sometime in the 2020s as the market grows bigger and more efficient, and as the fair value is reached in people's minds, then long term holders will begin selling, and the market will even out to more efficient level...you can see that in the future prediction table, the flow of funds looks accurate to about 2030 or so, after which it starts calling for $5M + coins, which is impossible as the entire wealth of the world would have to be put into bitcoin. by 2040, the flow of funds calc calls for bitcoin market cap worth 5x the entire world worth...again clearly impossible
The below graph compares the future predictions for both of the models. Again, right now the green line is more accurate, but over time we should approach the red line. Note log scale on the graph below
http://i.imgur.com/bPH4rrj.png
submitted by greenearplugs to Bitcoin [link] [comments]

What if someone wanted the price to spike again, and they...

Made another willy bot. You know. Just to push it to $2,000. Not that anyone would do that. Not that anyone should. Just sayin. What if someone did? Most people would probably think it was "organic" value again. Press would go crazy. VC's would jump in with more enthusiasm. Startups would start up.
Even though we know about Willy and Markus Bots, people still point to $1100 as "Bitcoins past value". Even on this site people still think we actually hit $1100. Even though facts show, it was completely fake. What's stopping someone from doing that again?
submitted by BitttBurger to Bitcoin [link] [comments]

Economics of Reduced Bitcoin Supply: Shifting the Price-Discovery Demographics

The block reward has an effect on bitcoin price discovery. When the rate of new coin issuance decreases, so too does the influence of people new to bitcoin on the price. The current bitcoin holders gain price discovery influence proportional to that which is lost by newcomers. It is worth noting that typical newcomers don't understand Bitcoin as well as holders, and most people who understand bitcoin would agree that usually the better someone understands bitcoin, the more valuable they consider a single bitcoin to be worth.
If there was no new supply of bitcoin, the effective price would be set exclusively by the lowest amount a current holder was willing to sell for. If all holders understood the potential of Bitcoin and refused to ever sell for less than $5,000 per coin, the price then be at least $5,000, regardless of new demand volume.
However, refusal to sell for less than a certain amount is in no way the same as being willing or able to pay that much to increase one's holdings. This is especially true considering the extent to which many early-adopter Bitcoiners are BTC rich and fiat poor. This dynamic can explain much of the volatility Bitcoin is known for. Willy and Marcus bots aside, a necessary condition for bitcoin to have hit $1,200 was that many big holders considered their bitcoin to worth more than that in the long term, and therefore were not persuaded to part with their coins for a mere $1.2k each. At that time 3,600 coins were being mined every day, and a significant fraction of that needed to be sold by miners for them to cover their operating expenses. Even though many -and perhaps even most- holders valued their own coins in excess of $1,200 each, they simply did not have the wherewithal (or desire!) to buy new coins at such high prices.
Enter perceptions of the newcomers. Not enough of them were convinced of Bitcoin's value to part with $3,000,000 per day needed to sustain the high price. And without newcomers and their money, the current holders were powerless to stop a price decline, even though they did (and probably continue to) believe their coins to be worth over $1,000, and most likely many multiples of that. A model of Bitcoin's price obviously has many variables, but it stands to reason that new coins have a disproportionally large (relative to their absolute percentage) downward pull on the exchange rate. Their buyers are typically new to bitcoin, don't understand it as well, and are not willing to pay the same rates that bitcoin experts need to be tempted to sell their precious stash. Together those perceptions can explain much of the lower-floor and the forces that pull bitcoin's price down, as well as why it can so easily spike upward.
As the daily issuance of new coins decreases in the coming years, it will be easier for Bitcoin to attain and sustain a high exchange pursuant to the belief's of its current holders.
submitted by CubicEarth to Bitcoin [link] [comments]

[Table] IamA: Hey Reddit! Shooter Jennings here, Get to know me AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2014-08-15
Link to submission (Has self-text)
Questions Answers
Who are some artists you draw inspiration from? I am always inspired by other artists. I wouldn't have a sound if it weren't for all the other artists I had learned from. Whether it be George Jones or Giorgio Moroder (my two tribute EP's I've been working on), or new bands like the ones i mentioned: Scott H Biram, Hellbound Glory, Black Mountain, Sturgill Simpson, Jack White even to black metal bands like Darkthrone, Mayhem and Burzum. Then there's my whole life in country, my dad, my mom, Cash, Keith Whitely, Vern Gosden, Jamey Johnson, Willie Nelson, Kristofferson... Billy Don Burns. I'm always being inspired.
You mentioned you play video games, which ones are you into currently? As for video games: I love them! I play tons of old ones. I have a few arcade machines I've collected over the years. Street Fighter II, a Nintendo Red Tent, Time Traveler Laserdisc Game. I love old games. I even collect old PC's. I just bought an old 486 with DOS so i could play the old PC games like King's Quest, and Space Quest on them again.
Space quest 4 FTW! :) I HAVE THE SQ4 SOUNDTRACK ON MY ITUNES.
Do u have a ftp server? I'd love to grab that, memories. I don't but i can pass it to you. Send me an email at [email protected] - i also have SQ1, LSL1, Codename: Iceman (one of my favorites) and a few others i can hightail to you.
I've recently become a huge fan of your music. Especially Hierophant. How is it possible that such a great record didn't get more attention? Do you attribute that to the music industry being lame, or is doing loads and loads of press just not your thing? Because that record is great. Thank you very much! 'Black Ribbons' will always be a crowning achievement for me. And I hope to really finish a project I've been working on for a long time that will be along those same lines. As far as the industry... at the time, they really weren't that interested in the album. When I finished it, I sent it to all the same kind of press outlets I used for my previous records for television and paper, and most of them felt it wasn't good to get behind. We had several television programs tell us it was "not tv-friendly" and we also had the BIGGEST of publications tell us they didn't want to get behind it. Also country radio protested advertising shows in any areas I had been in because I made a "anti-american" album. So i'm not too worried about it all... The lesson I learned is, once you put it out there, it has a life of it's own. I may not have made a lot of money off that album, but I've gotten the biggest opportunities of my life from people who were fans of that album. And I've gained the most loyal fan base I could ever ask for of Black Ribbons fans.
Do you feel you would be as successful as you are today if your dad had not had the success he has had? That's a hard question to answer. Considering, it's impossible to gauge this kind of thing... but I will say that my dad being who he is has certainly gotten me in some doors, but it has also created a lot of walls that a new artist with no family history doesn't have to scale. For instance, a lot of people have a pre-formed impression of me to begin with, so i have to work against that until they finally open up to try and figure out what I am about without him in the picture. another example is going out there under my name for the first, it''s very hard to delineate from the beginning who is there because they don't know anything but your music and like your music and that is is... some people come just because they like my dad, which I am grateful for, but they usually aren't very open to the risks that I take musically. So that can kind of work against me and frustrate me at times. But ultimately, i am very grateful for the life i have and for the father and mother i have...
Can you talk about your personal opinions on the Illuminati and NWO conspiracy? I've noticed you have been using alot more symbolism in your videos... Are you with their ideology or against it? Thanks a lot for the kind words. The Colonel rules for sure...
Also, You and Jon Hensley are two of the nicest dudes in the business... Please stay cool and humble as F**K! lol. I am not FOR the Illuminati and the NWO, that would be silly haha! I don't necessarily believe there is like 6 hooded dudes pulling all the strings, but I believe heavily that the media, and culture are controlled very strategically by groups of people tied to banks, congress, etc. Bilderberg is real, and there are a lot of shapes and forms of Bilderberg-type organizations in film, music, pretty much any profession. My opinion is do the RIGHT thing, do the RIGHT thing for your family first, your heart and your passion, and your friends. Cultivate that stuff, attempt to build your LOCAL community as much as you can, and ultimately, if someone is trying to force you to do something you don't want to do, especially if it goes against your personal beliefs, then you have ALL the right to speak loud in defiance. I read about all this stuff, and i try to tie other deeper messages into my music and artwork, so thank you for being someone that looked beyond the surface!
How do you feel about the smaller cryptocoin markets, in particular dodgecoin? I think that bitcoin is always going to be the important currency, and I wonder how the side-chain developing technology will affect the alt coin market, but i've spent my time on cryptsy and I have about 60k dogecoin sitting around. I built a script mining rig, kind of for fun, and mined for a while will it. But now the Scrypt ASICs are flooding the market and I've stuck with my bitcoin. But ultimately I feel like the community built behind dogecoin and litecoin as well as a few other stand-out altcoins is far much stronger and more real than say something like Etherium and Darkcoin. I just can't currently get behind these other currencies when obviously BTC and the block-chain are the backbone of this stuff, and Proof Of Work is still the only purely decentralized system of transaction confirmation.
Hey shooter. Just wanted to say I'm a big fan of your music. I recently lost my dad and "it ain't easy" helped me get through some really tough times. Thanks for that song man. Can you please talk about what that song means to you? Thank you so much for saying that. "It Ain't Easy" was an emotional moment for me. We had had some great traction with the first record and my song "4th of July". When we had finished "Electric Rodeo", the cover of Hank Jr's "The Living Proof" was the last song on the record. We threw out our first single to radio and they threw it right back and told us they wouldn't play it. It just got me down, because I was hoping to really use our moment in the sun to influence the sound of country in a more open direction for all these other artists I'd become fans of... But they didn't, and it hurt in a way. Rejection or whatever... And in that moment I really wished my dad was around to talk to, so this was my way of talking to him. It means a lot to me when people say that song means something to them. It makes me feel like I got an answer back, you know what I mean?
Do you believe in God or practice any kind of religion? Your dad was always a very spiritual person from what I've heard... but not necessarily a big fan of organized religion. Was that the case? I'm pretty much the same way. I was raised in a Christian household because of my mom, but my dad never really participated in church or anything, and honestly i was just running away from it the minute i went. I hate dressing up and having to go act proper in a place. So that always makes me feel like i'm being held captive. but I do believe in a higher power, and I do believe, no matter what happens or what is out there, the moral decisions you make in your life affect the outcome of your children and the future of the world. I am also very deep into science, so i have a very rational mind when it comes to stuff in the bible etc, but i am infatuated by religion and i believe that we are all in good hands...
Shooter, loved you on the Joe Rogan experience and love your music. You talked about you and your dad watching horror movies so I want to know what are some of your favorite scary movies? Some of my favorites are The Shining, Beyond the Black Rainbow, The Objective... There's a lot but I can't think of them all! I rarely find one that scares me. The Innkeepers was great... Of course the classics like Poltergeist and the original slasher movies. I used to watch late night USA network when I was a kid and get a great bunch of B-Rate glory.
There's one that my dad woke me up late night to see one night. I never have found it. It was one of those "a bunch of people in a house during an insane rain storm and they keep getting killed one by one". All i remember is a scene with an old man who was missing and they found him in a closet covered in Bees or some kind of bug. Wish I could find this!
Growing up and currently did you have any contact with the highwaymen? I was 5 when the first Highwaymen tour happened and I had the good fortune of traveling with them, and again when I was around 10. Those families were very close to my heart, and us children all stay in touch. I will see Willie and Kris both from time to time, and they are so kind and supportive. I'm very proud of our friendships and to be part of that inner sanctum. Let me tell you this, that was about the most real group of people to put together on stage that ever existed. It's breathtaking to even look back on it. Of course, as a kid, i could have cared less, I wanted to find the closest arcade. So did the other kids, so ha!
*Loved the Southern Independent Vols 1-3!! * I still include many of the songs in my playlists. What would you say the impact of that project was and will you do it again? I really felt good about that and the XXX stuff we were doing. Even though opposition from camps of people who were more interested in protecting their value in the scene vs. helping the artists they "care so much fore" really drove it away, I got to know a lot of great artists that way and I've worked with a few of them in the studio. I think the best thing it did for me is make me aware of these bands and be able to not only be inspired by them, but help any way i can (whether it be playing them on the radio or just spreading the word among friends). Those collections are available as part of the BCR BAZAAR for free. If you want access to it, just email us at [email protected].
Last updated: 2014-08-19 20:04 UTC
This post was generated by a robot! Send all complaints to epsy.
submitted by tabledresser to tabled [link] [comments]

Trading Bitcoin w/ Willy Woo - Let's do Some $BTC Q&A Trading Bitcoin w/ Willy Woo - Is On-Chain Volume & Fundamentals Still Bullish? URGENT: BITCOIN IS ABOUT TO EXPLODE - Here's Our Target ... Trading Bitcoin w/ Willy Woo & Tyler Jenks - Latest On-Chain Volume Get Bitcoin Price In Real Time Using Python - YouTube

A single-page blog called “The Willy Report” (removed in the meantime) has recently denounced an alleged plot to manipulate the price of Bitcoin through the use of bots.According to the report, authored by a cryptocurrency trader who claims to have analyzed several trading logs starting from November 2013, a bot named Willy is the one to blame for last year’s wave of volatility. A Bot Named Willy: Did Mt. Gox’s Automated Trading Pump Bitcoin’s Price? There is more speculation today that bitcoin’s November 2013 surge and Mt. Gox’s trading volumes were built in part ... The Willy Report show that two buying bots, named Willy and Markus, regularly bought large quantities of Bitcoin from early 2013 until January of 2014. Overall, the bots spent approximately $112 million, with the majority of this buying taking place in November of 2013. The author notes that it was the activity of these buying bots that drove Bitcoin's price so high, not the often cited ... To be more specific, the Willy bot is responsible for buying large amounts of bitcoin on the exchange over a six-week span. Given the low bitcoin price at that time, it appears the bot had access ... To be more specific, the Willy bot is responsible for buying large amounts of bitcoin on the exchange over a six-week span. Given the low bitcoin price at that time, it appears the bot had access to enough funds to purchase about 250,000 bitcoin. Up until that point, there had never been such a high demand for bitcoin, which sent the price rocketing to its all-time high with relative ease.

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Trading Bitcoin w/ Willy Woo - Let's do Some $BTC Q&A

Get the current price of bitcoin. Article: https://medium.com/@randerson112358/get-bitcoin-price-in-real-time-using-python-98b7393b6152?source=your_stories_... Bitcoin für Anfänger einfach erklärt! [auf Deutsch] Bitcoin-Börse (erhalte 10€ in BTC) https://finanzfluss.de/go/bitcoin-boerse *📱 Sicheres Bitcoin-Wallet... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. In This Episode of Trading Bitcoin with Willy Woo. In this episode we talk about Bitcoin Fundamentals via on chain volume. 👇👇 👉 Subscribe so you don't miss t... New to crypto and you want to start at step 1? -Get The Diamond Combo! (Best Value) Save $600!!🤑 ️https://cryptocrewuniversity.com/classes/diamond-combo H...

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