Whoa, no reason to be upset.  It is only your money that is in the game, not mine.

Because Andreas also vouched for Neo & Bee...

Besides the auditor's reputation, one must consider HOW the "audit" was done. Basically, it didn't prove anything -- if Bitstamp were lying to clients, they could have easily fooled that "audit" too.

EDIT: as others pointed out Andreas "audited" Coinbase, not Bitstamp.

Funny, since the rally began, the price stops increasing for a few hours, every day, around 03:00 am China time.   How weird.

OK, perhaps this will have the intended effect:


[ from here ]

The basic Chinese Slumber Method is trivial, just take the Huobi 1h chart on Bitcoinwisdom, switch to UTC time, line drawing mode, and connect the last two Slumber Points -- mean price in the last two 19:00 UTC candles.  We just went through one.  Then shift the plot so that you can read the line's value at the next 19:00 position.   

A slight refinement is to skip Slumber Points with visible volume bars, like yesterday's.  Connecting the points of May/21 nd May/23 I get ~3380 CNY for tomorrow May/24 ~19:30 UTC.

There, I hope the rally is dead now. 

I have shown my bias in many other posts, but here I am simply urging you traders to seek for the causes of price moves and trends, since I cannot see how you can make good predictions without that information.  The probability of this rally continuing to 2'000 USD/BTC can be near zero or near 1, depending on whether it is due to people dodging Bitstamp's "enhanced KYC" requirements or to the opening of some new bitcoin-based e-commerce service that is attracting many new bitcoin users in the US.

Dear @BitcoinWisdom, in case you care: Yesterday I spotted several pairs of consecutive entries out of chronological order in Bitstamp's transaction log, as displayed in your chart:

...
#   2014-05-23 02:14:51 2014-05-23 02:14:56
#   2014-05-23 03:13:05 2014-05-23 03:13:09
#   2014-05-23 03:12:59 2014-05-23 03:13:02
#   2014-05-23 03:12:34 2014-05-23 03:12:36
#   2014-05-23 03:17:14 2014-05-23 03:17:16
#   2014-05-23 03:24:26 2014-05-23 03:24:31
#   2014-05-23 03:43:30 2014-05-23 03:43:33
...

I did not see any such things in Huobi's transaction logs, so it must be Bitstamp's fault.  Do not know about other exchanges.

So perhaps this rally was people buying bitcoins at Bitstamp in order to take their balance out without going through that KYC (or SYW?*) stuff? 

*SIW = Stall Your Withdrawal

The Bitcoinwisdom guy says that such spikes are a workaround that he put in to handle some glitch in Cryptsy's data.
https://bitcointalk.org/index.php?topic=190722.msg6894515#msg6894515

You may be confusing infinaty with infinity. Infinity times zero is NaN, of course.

Ooops.  I already warned you, the Goddess of Bitcoin always gets pissed off when someone insults an old Teacher.   

I was around when that started, although it was so long ago that I can't remember what it was about.  Was it Bob and the Church of the Sub Genius, or the Cult of the Pink Unicorn, of the Flying Spaghetti Monster? 

Infinaty times zero is still zero. 

I find it amazing how people can put their money into something, without knowing where the profit will be coming from -- and without wanting to know.

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China.  So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

Indeed.  I already learned "Huobi.com" in chinese, that Google Translate often turns into "Fire currency bla bla bla network".  And Litecoin becomes "Wright currency". 

From Google Translate, I can't see any relevance to bitcoin at all.

The SecondMarket BIT fund watcher reports that no BTC were bought this Thursday.
https://bitcointalk.org/index.php?topic=337486.msg6884933#msg6884933

(Some claim that SMBIT only buys BTC on Thursdays, but that may be merely the day when they update their reports.)

Mark said that MtGOX had a million accounts, but analysis by @rpietila of the leaked database gave less than 70'000 accounts with 0.001 BTC or more, 27'000 accounts with 1 BTC or more, and 9'000 with 10 BTC or more:
https://bitcointalk.org/index.php?topic=316297.msg5619502#msg5619502
(Note that @rpietila uses mBTC = 0.001 BTC as the unit of bitcoin.)

Since active traders must be a subset of the clients with bitcoin balances (with relatively few exceptions), the number of significantly active traders at MtGOX, near the end of its life, must have been even less than those numbers.

On the other hand, those 9'000 MtGOX clients with 10 BTC or more had almost all of the 950'000+ bitcoins that should have been in MtGOX's wallets (according to that database, which may not be truthful).  MtGOX actually had only 220'000 BTC it seems, no one knows what happened to the other 730'000. [troll]Perhaps he sold them to some Chinese whale in September 2013, at 150$ each.[/troll]

I am fairly sure that the Oct-Nov rally and various other jumps, drops, and trends were Chinese things passively copied by the West.  I still don't know about the Mar/03 jump, not this week's jumps.

Traders should be dying to know the answer to this question, I would think... 

So, does anyone know who decided to buy: China, or the West?