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Topic: [Poll] What do you think the price will be 7 days froim now? - page 2. (Read 4552 times)

sr. member
Activity: 392
Merit: 250
Stable.. no..


Everyone realizing they cant change where ever the manipulator wants us,  Yes..


The manipulator is not a ghost anymore, they exist, they showed themselves last week in a bold show of power.


The Evil Smack-Down Witch can release the Flying Monkeys any time.
member
Activity: 84
Merit: 10
Stable.. no..


Everyone realizing they cant change where ever the manipulator wants us,  Yes..


The manipulator is not a ghost anymore, they exist, they showed themselves last week in a bold show of power.

+1
You got it. Freeze like a bunny.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
Stable.. no..


Everyone realizing they cant change where ever the manipulator wants us,  Yes..


The manipulator is not a ghost anymore, they exist, they showed themselves last week in a bold show of power.
sr. member
Activity: 392
Merit: 250
Voting is now locked. Quite the even distribution among all the options. I will reiterate that I think this is a sign we are in a stable trading range.

Very telling that your poll results are not overly bullish.
hero member
Activity: 560
Merit: 500
Voting is now locked. Quite the even distribution among all the options. I will reiterate that I think this is a sign we are in a stable trading range.
newbie
Activity: 28
Merit: 0
you could do that on testnet without any casualties
donator
Activity: 3052
Merit: 1110
BTC a virtual currency being fought over by bots, seems appropriate, I wonder if one could pitch this to the Tee Vee as a concept/competition, open for all bots to enter, Anthropomorphic them somewhat to at least robot like level - the TA bot, the GS & MS bots (will arrange for Bitcoin to be made illegal or compulsory whilst playing), the Mystic bots, Voodoo bots, 100% Bull bots, bear bots, momentum bots, MIT bot, etc., give them each (or let them put up) a $100 & BTC 25 float to start with & let the wars begin, first bot to $1,000 or BTC 250 wins all the other looser bot's stakes, adjust for 2nd, 3rd place & wooden spoon prizes if needed, can use all exchanges & Bitcoinica (any number of accounts there), executed positions shown once a day, active (& cancelled) ones not revealed until after game ends

let loose the bitcoin bots of war (catch phrase)

I just sent an unrelated book today to a friend of a friend for a friend who works for the studios in LA at a high level & know also a sometimes successful screenplay writer, may just see if they'd fancy a bite

edit: there would only be one episode though I see because the manipulator's bot would win every time as he swung $250,000 back & forth on the exchanges & Btc-ica to guarantee it

*crumples up draft pitch & lobs it in to the bin
sr. member
Activity: 392
Merit: 250
i'm seeing good balance of support and resistance in $6-7 range with possibility of another rally in the next 1-2 weeks, of course i don't exclude another rundown but imho support will push it back up above $6 pretty quick if that happens

Am going to play neutral for just for a while longer.

No BTC exposed overnight, and storing a few low bids, just in case the Smack-Down Witch shows up.
hero member
Activity: 532
Merit: 500
I just thought I would make this poll to see where everyone things the price will be a week from now. Trading ranges are split into $0.50 increments.

Feel free to discuss your vote below.

Is there a binary trading platform for bitcoin.  For example, I bet 100 Bitcoins that Bitcoins will be over $7 in 7 days.  If it is then I make 200 Bitcoins, if I am wrong then I lose the 100 Bitcoins.

That would be an interesting idea but wouldn't work out too well for the house. I am sure someone could make as site facilitating this but they would require their own fee to be taken out of the final prize pool (say 1% or 2BTC). My vision of this would be a site that would match you up with someone who is willing to bet 100BTC it won't be.

I was thinking something like Intrade where they sell contracts on future events where the current price of the contract reflects the probability of the event occurring.
hero member
Activity: 560
Merit: 500
Billy Bitcoin Manipulator the bitcoin groundhog saw his shadow and ran back into hiding. I predict 24 more hours of price stagnation.

There was a 2K BTC spike at 1:05 however but it did not have much of an impact on price due to the market depth.
legendary
Activity: 1050
Merit: 1000
i'm seeing good balance of support and resistance in $6-7 range with possibility of another rally in the next 1-2 weeks, of course i don't exclude another rundown but imho support will push it back up above $6 pretty quick if that happens
legendary
Activity: 1050
Merit: 1000
i don't know how you guys can think we are going down with so much support
legendary
Activity: 2198
Merit: 1311
Speaking of fake walls there are a number of apparently fake 300BTC walls on the order book as sells as far as I can see. We are approaching 1AM EST so it is almost zero hour for the bot showdown if we are going to have one tonight.

In addition the results of the poll look very balanced which suggests we will remain in the current price range for the time being. After closer examination of the order book there is a lot of depth required to move significantly in any one direction. Perhaps I should have made the poll whether or not you believe we have reached metastability with the current price.

I don't think anything of significance is going to happen at 1AM EST.
hero member
Activity: 560
Merit: 500
Speaking of fake walls there are a number of apparently fake 300BTC walls on the order book as sells as far as I can see. We are approaching 1AM EST so it is almost zero hour for the bot showdown if we are going to have one tonight.

In addition the results of the poll look very balanced which suggests we will remain in the current price range for the time being. After closer examination of the order book there is a lot of depth required to move significantly in any one direction. Perhaps I should have made the poll whether or not you believe we have reached metastability with the current price.
hero member
Activity: 560
Merit: 500
Looks like I was wrong...been looking at too many numbers and charts today. I've been waiting for something to happen since the price dropped from 6.50 to its current levels, but everything has just been stagnating. Just gotta have patience Smiley

Patience is the only way to make money. When I started I was a little jumpy and would trade emotionally resulting in a loss of about 5%. Ever since I took emotions out and only play based on larger movements I have been a lot more successful. My advice would be to get yourself in a position where you will be fine no matter what the price does. Right now Im a little heavier in USD than BTC but ideally you should be 50/50 with your positions about 25% away from current market values. My trading volume has dropped significantly but I only care how much I can grow my BTC and USD.
newbie
Activity: 42
Merit: 0
Looks like I was wrong...been looking at too many numbers and charts today. I've been waiting for something to happen since the price dropped from 6.50 to its current levels, but everything has just been stagnating. Just gotta have patience Smiley
hero member
Activity: 560
Merit: 500
I think there is about to be another play by the bots.  I may be crazy but I have been noticing them coming into action every hour today, almost always a few minutes within the beginning of the hour. Hmm

Wait another hour before the big moving takes place. I have noticed that the last several bot battles seem to occur at 1AM EST. It used to be 3AM EST but they have moved it up 2 hours.
newbie
Activity: 42
Merit: 0
I think there is about to be another play by the bots.  I may be crazy but I have been noticing them coming into action every hour today, almost always a few minutes within the beginning of the hour. Hmm
sr. member
Activity: 392
Merit: 250


They just occur as immediate buys/sells. Other bots have fake walls with warning indicators ahead of them that will cause the walls to be pulled if they are bought or sold into. Of course when liquidations are occurring at bitcoinica they usually cannot pull them out fast enough. The fake walls are usually evident by having nice round numbers 100, 200, etc and evenly are usually spaced apart. There are a few 1000BTC walls closer to $7 I question the legitimacy of.

The best way to look at the order book I find is on clark moody.

Very enlightening, thank you.

Yes clark moody seems to have the most real time and precise order book.
hero member
Activity: 560
Merit: 500
I believe we are headed down. I speculate that the only reason the market has not yet headed down is because there are certain traders/bots (Bitconica?) which have been artificially inflating the price. I've watched the same patterns play out over and over again the past few days: push price up $.20, implement wall at -$.25 of the high the price went up to, sell some BTC at higher price then BAM, down $.20 within seconds, only for the same pattern to start all over again. Dunno exactly why this pattern keeps happening perhaps some high frequency traders are trying to squeeze out every last penny before a bear market truly sets in.

Just noticed 0.123 bot is back. I've seen the bot mentioned in the forums before but have never truly paid attention to its actions until today.

The 0.123 bot is back with a vengeance indeed. From what I have observed in the past this bot seems to drive the price up.

Is this how the price gets inflated with virtually no volume?

The bot tries to trigger other bots which creates volume. The 0.123 bot comes out when volume is low and tends to increase it, causing a change in price.

Can you actually see these as bids and asks in the order book, or do they just occur as immediate buys/sells ?

They just occur as immediate buys/sells. Other bots have fake walls with warning indicators ahead of them that will cause the walls to be pulled if they are bought or sold into. Of course when liquidations are occurring at bitcoinica they usually cannot pull them out fast enough. The fake walls are usually evident by having nice round numbers 100, 200, etc and evenly are usually spaced apart. There are a few 1000BTC walls closer to $7 I question the legitimacy of.

The best way to look at the order book I find is on clark moody.
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