This last week has seen a lower high and a lower low than the previous week. I think the smart money is looking to unload at ~$420 on Wednesday unless there is some change in the fundamentals that justifies hodling.
We still have limited room to increase transactions, governance issues and a mining concentration security problem. I don't expect a substantial pump until and unless there is a successful SegWit roll-out.
There is a strong correlation between full blocks and a dropping price. This makes us vulnerable to price manipulation to the downside.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19026. (Read 26610913 times)
March 20, 2016, 03:23:08 PM
March 20, 2016, 02:52:38 PM
Give me a sign!!!!!
OH? That's the sign?
Should I sell now in order to be ahead of the game?
Even with that charting of a breaking down in China, I am only slightly bearish for the next 3% break out... maybe 52.75% betting on down...
The mid $420s resistance has been proving a bit more formidable than I had expected, and possibly could be a few more weeks to get passed that point.
I do understand that when we are suffering from overall relative low volume, that leaves quite a bit of control to manipulators.. and it seems that bears tend to push their agenda a bit more in the low volume scenarios... and recently no one seems to getting too excited about possibilities of getting left behind.
March 20, 2016, 10:26:37 AM
"If bitcoin is allowed to scale it will take 5% of the gambling market within 3 years leading to a price of $2000"
http://bitcoin-daytrading.com/bitcoin-allowed-scale-will-take-5-gambling-market-within-3-years-leading-price-2000/
http://bitcoin-daytrading.com/bitcoin-allowed-scale-will-take-5-gambling-market-within-3-years-leading-price-2000/
March 20, 2016, 08:24:34 AM
Weekend bear trap formation nearly complete...
March 20, 2016, 08:11:29 AM
The halving is priced in or we will see a huge pump? How many percent are your bets?
My bet is nothing much happens. There's a whole lot of noise taking up attention elsewhere.
March 20, 2016, 07:58:27 AM
The wind has left this thread's sails. The action is spreading far and wide. Or going into hibernation.
Damn it!
I miss 'Chart Buddy'
It followed Adam to a new thread elsewhere. It's still published, just not here. Some people don't like censorship on principle. Richy is one of those people.
Elsewhere: https://bitco.in/forum/threads/wall-observer.27/
March 20, 2016, 07:48:26 AM
The wind has left this thread's sails. The action is spreading far and wide. Or going into hibernation.
Damn it!
I miss 'Chart Buddy'
It followed Adam to a new thread elsewhere. It's still published, just not here. Some people don't like censorship on principle. Richy is one of those people.
March 20, 2016, 07:46:43 AM
The halving is priced in or we will see a huge pump? How many percent are your bets?
March 20, 2016, 07:37:11 AM
The wind has left this thread's sails. The action is spreading far and wide. Or going into hibernation.
Damn it!
I miss 'Chart Buddy'
March 20, 2016, 06:23:10 AM
The wind has left this thread's sails. The action is spreading far and wide. Or going into hibernation.
March 20, 2016, 06:04:27 AM
Is this thread still going?
depends if bitcoin is dead
March 20, 2016, 06:02:25 AM
Is this thread still going?
March 19, 2016, 10:46:48 PM
Don't see why everyone cares so much about Theymose? So they now there's a competing forum and reddit. Good decentralize... just stop spamming them
March 19, 2016, 09:41:41 PM
Well if I were him I would've undergone some bowel loosening when the price went mental. It's something of a poisoned chalice. He's damned in every direction.
March 19, 2016, 09:34:27 PM
Isn't theymos in possession of 40,000 bitcoin for "forum maintenance and emergencies"? I highly doubt that the cost of running this forum will ever add up to (what at current price is) 16 million dollars...
Lol no; according to Thermos, the money's gone
The forum money I held has largely been spent now, mostly in the forum software project. Slickage was paid $100,000 per month in all of 2014 and until May in 2015. Since June 2015, they've been paid $50,000 per month. The exchange rate varied substantially throughout this period, but the end result is that most of the BTC was spent.
The rate ($85,417/month average as of the end of 2015) might seem high to people unfamiliar with professional software development, but it's normal. The project is quite a bit over-due and over-budget (the original estimate was 1 year and $1.2 million), but I've been constantly monitoring Slickage, and they've definitely been making solid, continual progress, so it seemed correct to continue to project. The vast majority of total forum revenue was from ads, not donations, but to the extent that donations were used: this software was in fact the main stated goal of donations.
As I've said before: I have absolutely no personal relationship to Slickage, and I receive no "kickbacks" whatsoever. I've never even met them in person. I first learned of Slickage from Warren Togami, who had previously done a lot of work for the forum and was himself recommended by gmaxwell and others. (I've also never met Warren in person.)
The current status of the software is that it's ~85% done. The core of it is entirely functional and often much better/faster than SMF, though there are still several missing features. There will be a public beta before the end of the month, I think, at which time I'll post more about what's left to be done. Also see http://epochtalk.org/ for more info.
The rate ($85,417/month average as of the end of 2015) might seem high to people unfamiliar with professional software development, but it's normal. The project is quite a bit over-due and over-budget (the original estimate was 1 year and $1.2 million), but I've been constantly monitoring Slickage, and they've definitely been making solid, continual progress, so it seemed correct to continue to project. The vast majority of total forum revenue was from ads, not donations, but to the extent that donations were used: this software was in fact the main stated goal of donations.
As I've said before: I have absolutely no personal relationship to Slickage, and I receive no "kickbacks" whatsoever. I've never even met them in person. I first learned of Slickage from Warren Togami, who had previously done a lot of work for the forum and was himself recommended by gmaxwell and others. (I've also never met Warren in person.)
The current status of the software is that it's ~85% done. The core of it is entirely functional and often much better/faster than SMF, though there are still several missing features. There will be a public beta before the end of the month, I think, at which time I'll post more about what's left to be done. Also see http://epochtalk.org/ for more info.
Holy shit, that whole thread reads like a public support section for a scam. "Yeah, we totally paid for [insert scam object here]. We didn't pocket the money, it's not our fault [insert unverifiable excuse here]. I have a [prototype/sample] right here with me. What's that? No, sorry. I can't share any proof of it! The sample you have is shit? Stop trolling!" Disgusting.
Fuck, am I glad that nobody's trusting Theymos with anything more substantial than one or two bitcoin forums, eh?
March 19, 2016, 09:03:38 PM
Isn't theymos in possession of 40,000 bitcoin for "forum maintenance and emergencies"? I highly doubt that the cost of running this forum will ever add up to (what at current price is) 16 million dollars...
Lol no; according to Thermos, the money's gone
The forum money I held has largely been spent now, mostly in the forum software project. Slickage was paid $100,000 per month in all of 2014 and until May in 2015. Since June 2015, they've been paid $50,000 per month. The exchange rate varied substantially throughout this period, but the end result is that most of the BTC was spent.
The rate ($85,417/month average as of the end of 2015) might seem high to people unfamiliar with professional software development, but it's normal. The project is quite a bit over-due and over-budget (the original estimate was 1 year and $1.2 million), but I've been constantly monitoring Slickage, and they've definitely been making solid, continual progress, so it seemed correct to continue to project. The vast majority of total forum revenue was from ads, not donations, but to the extent that donations were used: this software was in fact the main stated goal of donations.
As I've said before: I have absolutely no personal relationship to Slickage, and I receive no "kickbacks" whatsoever. I've never even met them in person. I first learned of Slickage from Warren Togami, who had previously done a lot of work for the forum and was himself recommended by gmaxwell and others. (I've also never met Warren in person.)
The current status of the software is that it's ~85% done. The core of it is entirely functional and often much better/faster than SMF, though there are still several missing features. There will be a public beta before the end of the month, I think, at which time I'll post more about what's left to be done. Also see http://epochtalk.org/ for more info.
The rate ($85,417/month average as of the end of 2015) might seem high to people unfamiliar with professional software development, but it's normal. The project is quite a bit over-due and over-budget (the original estimate was 1 year and $1.2 million), but I've been constantly monitoring Slickage, and they've definitely been making solid, continual progress, so it seemed correct to continue to project. The vast majority of total forum revenue was from ads, not donations, but to the extent that donations were used: this software was in fact the main stated goal of donations.
As I've said before: I have absolutely no personal relationship to Slickage, and I receive no "kickbacks" whatsoever. I've never even met them in person. I first learned of Slickage from Warren Togami, who had previously done a lot of work for the forum and was himself recommended by gmaxwell and others. (I've also never met Warren in person.)
The current status of the software is that it's ~85% done. The core of it is entirely functional and often much better/faster than SMF, though there are still several missing features. There will be a public beta before the end of the month, I think, at which time I'll post more about what's left to be done. Also see http://epochtalk.org/ for more info.
March 19, 2016, 08:40:21 PM
are we rich yet?? 
March 19, 2016, 08:30:15 PM
omg sell now price going to $1 
You are not in the Monero speculation thread
.Some speculation: Now that Adam and most other high volume posters left (by getting banned or voluntarily), this topic's (and subsequently website) traffic has dropped drastically. This could be an unintended irreversible trend towards other places. What does this cost the owner of this website in loss of ad revenue, and will he stick to his guns after realizing what has actually happened?
Never a dull day in Bitcoinland, that's for sure.
Define sticking to his guns? Doubt revenue would effect Theymos much
Jump to: