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Topic: resistance at $5.3 deteriorating (Read 4710 times)

legendary
Activity: 1904
Merit: 1002
June 06, 2012, 02:23:15 PM
#41
this tread should be called: resistance at $5.5 deteriorating

welcome back chodpaba! it would be great, if you start sharing your information again! u can take much more profit while doing it ;-)

If I wanted to manipulate the market with that sort of signaling I totally would. But I don't think it is the best thing for the health of Bitcoin exchange markets, and I'm not that interested in the short game.
i just think, that another hard increase of bitcoinvalue would produce much media-backing what could bring Bitcoin to the final breakout and more bitcoin acceptance.

An increase will only get attention if it goes up and stays up.  If it shoots up everybody will just respond "give it a week, it will be back down".  Manipulation is not how we get to steady valuations above today's prices.
sr. member
Activity: 387
Merit: 250
June 06, 2012, 02:20:58 PM
#40
this tread should be called: resistance at $5.5 deteriorating

welcome back chodpaba! it would be great, if you start sharing your information again! u can take much more profit while doing it ;-)

If I wanted to manipulate the market with that sort of signaling I totally would. But I don't think it is the best thing for the health of Bitcoin exchange markets, and I'm not that interested in the short game.
i just think, that another hard increase of bitcoinvalue would produce much media-backing what could bring Bitcoin to the final breakout and more bitcoin acceptance.
hero member
Activity: 686
Merit: 500
June 06, 2012, 02:17:16 PM
#39


There's a good wall at $5.50
sr. member
Activity: 387
Merit: 250
June 06, 2012, 01:58:34 PM
#38
this tread should be called: resistance at $5.5 deteriorating

welcome back chodpaba! it would be great, if you start sharing your information again! u can take much more profit while doing it ;-)
legendary
Activity: 826
Merit: 1001
rippleFanatic
June 06, 2012, 03:40:03 AM
#37
I have, and it hurt my profits.
I'm glad you're back.

Me too. But I'm sad he deleted most of his posts!

There are many factors that could affect profits, stochastic variations (outside the assumptions of a particular quantitative probabilisitic model) for one. Bitcoinica spreads could be another.

Chodpaba should put his model back up. It might increase profits if perhaps instead of trying to follow market, the market tries to follow chodpaba!
legendary
Activity: 1078
Merit: 1003
June 05, 2012, 06:42:11 PM
#36
Does the current inability to short have anything to do with this move?

I strongly suspect that it does and I can't wait for kronos to come online.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
June 05, 2012, 05:40:43 PM
#35
Does the current inability to short have anything to do with this move?
legendary
Activity: 2198
Merit: 1311
June 05, 2012, 10:47:37 AM
#34
Again with the walls... They come, they go, unless you know in advance where they will show or drop it's not tradeable.

Market makers adjust the depth of their limit orders to the rate of market orders (usually). Thin depth on one side indicates high demand and low supply. As short-term signals they are as good as anything else, probably one of the best. Who can deny that the recent action is due to the massive bid wall?

Nobody knows anything in advance (except insiders). What's more tradable than walls?

Quantitative probability...

I suppose you're right. And if you calculate that for the rest of us mere mortals, you can use it to give us... walls.

I have, and it hurt my profits.

I'm glad you're back.
legendary
Activity: 1764
Merit: 1002
June 05, 2012, 07:54:59 AM
#33
Again with the walls... They come, they go, unless you know in advance where they will show or drop it's not tradeable.

Market makers adjust the depth of their limit orders to the rate of market orders (usually). Thin depth on one side indicates high demand and low supply. As short-term signals they are as good as anything else, probably one of the best. Who can deny that the recent action is due to the massive bid wall?

Nobody knows anything in advance (except insiders). What's more tradable than walls?

+1
legendary
Activity: 826
Merit: 1001
rippleFanatic
June 05, 2012, 07:45:57 AM
#32
Again with the walls... They come, they go, unless you know in advance where they will show or drop it's not tradeable.

Market makers adjust the depth of their limit orders to the rate of market orders (usually). Thin depth on one side indicates high demand and low supply. As short-term signals they are as good as anything else, probably one of the best. Who can deny that the recent action is due to the massive bid wall?

Nobody knows anything in advance (except insiders). What's more tradable than walls?

Quantitative probability...

I suppose you're right. And if you calculate that for the rest of us mere mortals, you can use it to give us... walls.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 05, 2012, 02:32:48 AM
#31
if anything what we are seeing signal's the end of this stability

so hold on to your hats and remeber these numbers

5.6 , 6 , 5.4, 7, 5.99, 8


Why exactly 8 ?



Because adamstgBit is smoking too much V^2 + 2E + D
Lol!
i smoke once in a while....


I've been saying 8$ for a long time and I'm sticking to it.  Grin


edit : to see who smoked what see this thread https://bitcointalksearch.org/topic/daily-speculation-poll-i-dont-want-to-ask-about-price-so-62753
sr. member
Activity: 389
Merit: 250
June 05, 2012, 02:16:32 AM
#30
if anything what we are seeing signal's the end of this stability

so hold on to your hats and remeber these numbers

5.6 , 6 , 5.4, 7, 5.99, 8


Why exactly 8 ?

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 05, 2012, 12:25:39 AM
#29
Again with the walls... They come, they go, unless you know in advance where they will show or drop it's not tradeable.

Market makers adjust the depth of their limit orders to the rate of market orders (usually). Thin depth on one side indicates high demand and low supply. As short-term signals they are as good as anything else, probably one of the best. Who can deny that the recent action is due to the massive bid wall?

Nobody knows anything in advance (except insiders). What's more tradable than walls?

Quantitative probability...

a(a) + $Xr(B/A) + %X[%Xr(B/A)] + 2%X(v(B/A)+a(B/A)

= 8$

 Cheesy
legendary
Activity: 826
Merit: 1001
rippleFanatic
June 05, 2012, 12:06:30 AM
#28
Again with the walls... They come, they go, unless you know in advance where they will show or drop it's not tradeable.

Market makers adjust the depth of their limit orders to the rate of market orders (usually). Thin depth on one side indicates high demand and low supply. As short-term signals they are as good as anything else, probably one of the best. Who can deny that the recent action is due to the massive bid wall?

Nobody knows anything in advance (except insiders). What's more tradable than walls?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 04, 2012, 11:45:00 PM
#27
if anything what we are seeing signal's the end of this stability

so hold on to your hats and remeber these numbers

5.6 , 6 , 5.4, 7, 5.99, 8

good luck! Wink

Breaks into song .
Mr bitcoin!
Bring me money
give me a chance, out of this Economy
http://www.youtube.com/watch?v=5WiXMcsfvXE
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
June 04, 2012, 11:36:36 PM
#26
That wall at 5.25 doesn't look well built.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 04, 2012, 11:12:38 PM
#25
it just keeps looking better eh...


this is not good  Lips sealed
legendary
Activity: 826
Merit: 1001
rippleFanatic
June 04, 2012, 10:07:45 PM
#24
legendary
Activity: 826
Merit: 1001
rippleFanatic
June 04, 2012, 10:03:00 PM
#23


That was another good call proudhon. Somehow we both managed to be right today!
legendary
Activity: 1246
Merit: 1016
Strength in numbers
June 04, 2012, 08:09:37 PM
#22
Resistance is futile.
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