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Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 77. (Read 540249 times)

donator
Activity: 2772
Merit: 1019
that sounds great.

S3052: can you remove the "NEWS!" from topic subject?
legendary
Activity: 2100
Merit: 1000
legendary
Activity: 1176
Merit: 1010
Borsche
my int'l wire arrived in 1 day, does not get much faster than that.
legendary
Activity: 2100
Merit: 1000
It takes a bit to get used to it, I agree.

I also agree with some other posts that MtGox should now focus on making deposits and withdrawals MUCH FASTER and MUCH MORE RELIABLE.


hero member
Activity: 560
Merit: 500
And wow theres the new layout for MTGox. Will take me a while to decide if I like it.
hero member
Activity: 560
Merit: 500
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.
Well, you've got to admit this is all better news than this summer with Senators calling for the outlawing of bitcoin, the Mt. Gox crash hack & shutdown, and mybitcoin's disappearance.

Personally, I don't care if bitcoin becomes the default world currency or not, which seems highly unlikely. A small bit part in the world economy is good enough for me.  One day, I want to see a sign like this:

"We accept Cash, check, credit card (VISA, MC, Discover, American Express), Travelers Cheque, PayPal, Dwolla, and Bitcoin"

Speaking of which, I'm guessing mtgox will rebrand itself with a better name that could be included in the above list, and won't make users laugh when they learn what it stands for.  Hmm... perhaps that's tomorrow's announcement?

Whats so funny about a Magical Tux? Its deadly serious!  Cheesy
sr. member
Activity: 387
Merit: 250
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.
Well, you've got to admit this is all better news than this summer with Senators calling for the outlawing of bitcoin, the Mt. Gox crash hack & shutdown, and mybitcoin's disappearance.

Personally, I don't care if bitcoin becomes the default world currency or not, which seems highly unlikely. A small bit part in the world economy is good enough for me.  One day, I want to see a sign like this:

"We accept Cash, check, credit card (VISA, MC, Discover, American Express), Travelers Cheque, PayPal, Dwolla, and Bitcoin"

Speaking of which, I'm guessing mtgox will rebrand itself with a better name that could be included in the above list, and won't make users laugh when they learn what it stands for.  Hmm... perhaps that's tomorrow's announcement?
donator
Activity: 2772
Merit: 1019
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.

wrong again. no two events work the same way.  more likely, this conference will result in a sustained price rise beyond your expectations.  the general economy indicates that as well.

I'm with cypherdocs sentiment.

I'm not sure why this song popped into my head: http://www.youtube.com/watch?v=0irL1M15DH8
legendary
Activity: 1764
Merit: 1002
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.

wrong again. no two events work the same way.  more likely, this conference will result in a sustained price rise beyond your expectations.  the general economy indicates that as well.
hero member
Activity: 560
Merit: 500
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.

Try to rationilze why you were dead wrong all you like. How does the egg feel on your face?
legendary
Activity: 2198
Merit: 1311
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?

I think that's an excellent guess.  Just like the US conference this will end up being temporary and the march downward will resume once the dust settles in the next few days.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
Conference, radio show, Europe getting messed up, and on longer scale the ongoing occupy wallstreet and US liquidity issues. Did I miss anything?

Things I think will have less influence at this moment: Bitcoinica UI change, Bitcoin client 0.5, MtGox countdown.
legendary
Activity: 1386
Merit: 1097
molecular, there was also that radio show with Roger last week, it can affect the price too.
donator
Activity: 2772
Merit: 1019
I'm guessing some people at the bitcoin conference decided to invest a little money. They triggered EUR transfers to mtgox on monday and now the money is available to spend on BTC. That's why we cracked 3. Makes sense?
legendary
Activity: 2100
Merit: 1000
The poll is reset again.

What is your view on bitcoin prices over the next weeks?

Up?
Down?
Same as now?
Don't know?

Ever since I read somewhere that what people think the prices will do is often the opposite of what they really will do, I don't know how to vote any more. There's an urge to invert my vote.


You are not completely wrong. Actually, the sentiment is very often a contrarian indicator.
donator
Activity: 2772
Merit: 1019
The poll is reset again.

What is your view on bitcoin prices over the next weeks?

Up?
Down?
Same as now?
Don't know?

Ever since I read somewhere that what people think the prices will do is often the opposite of what they really will do, I don't know how to vote any more. There's an urge to invert my vote.
legendary
Activity: 2100
Merit: 1000
The poll is reset again.

What is your view on bitcoin prices over the next weeks?

Up?
Down?
Same as now?
Don't know?

Also, sign in for free here if you like to be closer to the analysis:
http://www.bitcoinbullbear.com/forum.html#/news/


sorry, may I ask you to do it again? I forgot to reset.

And as a benefit, I will issue a new sentiment analysis in the next days, making the link to the most likely direction of the bitcoin market.
legendary
Activity: 2100
Merit: 1000
The poll is reset again.

What is your view on bitcoin prices over the next weeks?

Up?
Down?
Same as now?
Don't know?

Also, sign in for free here if you like to be closer to the analysis:
http://www.bitcoinbullbear.com/forum.html#/news/
legendary
Activity: 2100
Merit: 1000
What you expressed above happens very often, basically kicking out the weak hands and this leads to very strong and healthy moves.
False signals are very frequent in all financial markets, and the art is to differentiate between false and real signals.
donator
Activity: 2772
Merit: 1019
If some commodity (bitcoin for example) has changed it's price significantly against some well established currency ($) shouldn't its trading volume decline? Because volume of 50 000 BTC at 0.06$ and 0.2$ represents proportionally different volume in $. It will stay the same only if the actual volume of the economy is larger.

Perhaps BTC exchangers should provide volume data in their other currencies? This will provide more realistic view in my opinion.

On bitcoincharts you can tick "volume in currency", that is what you mean, right?

slightly ot, but I just stumbled over a quote I'd like to share:

Very often people have figured out we are going to have a major move, but before that move takes place there is a huge counter-trend move down and it gets rid of all but the true believers.  That’s actually extraordinarily healthy because when it goes, it goes really clean to the upside....

dont know if this applies here, but I like the sound of it
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