Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21873.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Wandererfromthenorth on April 28, 2015, 02:04:22 PM

Quote from: Norway on April 28, 2015, 01:59:35 PM

Quote from: Wandererfromthenorth on April 28, 2015, 01:55:09 PM

Quote from: Norway on April 28, 2015, 01:52:37 PM

So... your analysis is based on historical trades, right?

What do you mean "historical trades"?

It's based on very basic TA.

By historical trades, I mean trades that happened previous in time. Before "now".
And you know basic TA wouldn't work because it would be exploited against the "Basic TA"-people.

Ok, then yes, TA is based on historical trades, that's what TA is of course, but I don't understand your point.

My point is: Look forward, not backward. I know shorting bears have made good money the last year. But you can't predict this curve by looking at old data. Look at the premises, how revolutionary bitcoin really is. Too sad if you bet all the money you made in a year on a leveraged short, and loose it in a flash when "the guys" go for it, he he. Ok, you can maybe play the bear game a little longer, but promise me that you put some of your earnings on the side (in bitcoin).

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: fonsie on April 28, 2015, 01:29:26 PM

Quote from: JorgeStolfi on April 28, 2015, 01:15:52 PM

Quote from: fonsie on April 28, 2015, 01:10:13 PM

Let me use my common sense. Back on ignore you troll...

That's ironic (or pathetic), coming from an account that was created specifically to troll another user... Cheesy

How is that different from why you made your account?

What are you talking about?

For those folks in gelid Scandinavia and anywhere else the news may not have arrived yet: @fonsie created his account specifically to troll @fonzie, one of the smartest contributors to this forum (so much so that he easily won the bitcoin price prediction contest for 2014). But @fonzie has been rather absent of late, so @fonsie changed his life mission to troll the undersigned. Then he, or someone who thinks very much like him, created another account "@trolfi" with the same life mission -- making me the only member of this forum with not one, but *two* Exclusive Personal Trolls, a distinction that I will forever remember with pride. But then he may have found it hard to manage the two accounts at the same time, or his employer refused to pay twice for two very similar sockpuppets, or something; anyway, @trolfi seems to have left us for good.

I hope that this background information will help newbies understand some things that otherwise may seem to make no sense, such as @fonsie's bizarre signature and avatar.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: bassclef on April 28, 2015, 02:04:01 PM

Quote from: Norway on April 28, 2015, 01:50:31 PM

I now have 2 theories for your motivation:

No, Jorge is a very smart computer scientist with an inflated ego who peaked decades ago. His "musings" about bitcoin are an attempt to stay relevant as he slowly fades away into academia.

I don't agree. I spend too much time surfing this field, and I understand that Jorge spend twice the time! There is certainly a very strong motivation! He is gaining/loosing important money related to bitcoin. It's not just a hobby.

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: Norway on April 28, 2015, 01:59:35 PM

Quote from: Wandererfromthenorth on April 28, 2015, 01:55:09 PM

Quote from: Norway on April 28, 2015, 01:52:37 PM

So... your analysis is based on historical trades, right?

What do you mean "historical trades"?

It's based on very basic TA.

By historical trades, I mean trades that happened previous in time. Before "now".
And you know basic TA wouldn't work because it would be exploited against the "Basic TA"-people.

Ok, then yes, TA is based on historical trades, that's what TA is of course, but I don't understand your point.

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: Norway on April 28, 2015, 01:50:31 PM

I now have 2 theories for your motivation:

No, Jorge is a very smart computer scientist with an inflated ego who peaked decades ago. His "musings" about bitcoin are an attempt to stay relevant as he slowly fades away into academia.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Wandererfromthenorth on April 28, 2015, 01:55:09 PM

Quote from: Norway on April 28, 2015, 01:52:37 PM

So... your analysis is based on historical trades, right?

What do you mean "historical trades"?

It's based on very basic TA.

By historical trades, I mean trades that happened previous in time. Before "now".
And you know basic TA wouldn't work because it would be exploited against the "Basic TA"-people.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: Norway on April 28, 2015, 01:52:37 PM

So... your analysis is based on historical trades, right?

What do you mean "historical trades"?

It's based on very basic TA.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: Norway on April 28, 2015, 01:50:31 PM

@ Jorge!

I'm in a good mood now, and I am rethinking my views about you. I tend to switch you on/off ignore on a regular basis. Last time I turned you off ignore, was because you provided a link to a bitcointalk thread regarding the process of selling bitcoin on GBTC at reddit.

You certainly scan the forums and look for details. And you can certainly not do this while teaching students / work on a funded science project at the same time.

I now have 2 theories for your motivation:

1. (My old theory) You work at the troll factory. Goldman Sachs or somebody else pay you via a middle man to troll bitcoin forums.

2. You are actually a heavy invested hodler. But because of life experience (not academic experience), you look constantly for the reason for your investments to go to hell. You play your own devils advocate. Bitcoin going to the moon is just too good to be true, right? I respect 100% that you don't talk about your holdings. Being your own bank, means bank security in your home. And it's hard to achive today.

The rest of you: Is it theory 1 or 2? (Or your own)

3. He's a tl,dr troll who likes to suck people into discussions and feed them lies.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Wandererfromthenorth on April 28, 2015, 01:34:42 PM

Quote from: Norway on April 28, 2015, 01:14:37 PM

Quote from: Wandererfromthenorth on April 28, 2015, 01:13:06 PM

By the way, don't expect any major move before the 7th-11th May, we are gonna stay in the $210-$225 area until then.
THEN the big move either up or down.

Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.

Why those dates? (Don't tell me because lines on a history chart).

I already timed the BTC markets in the past, nothing fancy or complicated to do. Others have done it too several times.
The BTC markets can be more predictable than most people think.

The start of the crash to $150:

Quote from: Wandererfromthenorth on January 03, 2015, 07:27:06 AM

I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.

Timing the BTC markets is easy as fuck Cheesy

Quote from: Wandererfromthenorth on December 29, 2014, 04:56:15 PM

Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.

Quote from: Wandererfromthenorth on December 29, 2014, 05:00:25 PM

You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.

The 2014 megapump from $450 to $680 was very easy to time with precision of days too. Too lazy to search that old post tho.

So... your analysis is based on historical trades, right?

Norway

sr. member

Activity: 406

Merit: 251

@ Jorge!

I'm in a good mood now, and I am rethinking my views about you. I tend to switch you on/off ignore on a regular basis. Last time I turned you off ignore, was because you provided a link to a bitcointalk thread regarding the process of selling bitcoin on GBTC at reddit.

You certainly scan the forums and look for details. And you can certainly not do this while teaching students / work on a funded science project at the same time.

I now have 2 theories for your motivation:

1. (My old theory) You work at the troll factory. Goldman Sachs or somebody else pay you via a middle man to troll bitcoin forums.

2. You are actually a heavy invested hodler. But because of life experience (not academic experience), you look constantly for the reason for your investments to go to hell. You play your own devils advocate. Bitcoin going to the moon is just too good to be true, right? I respect 100% that you don't talk about your holdings. Being your own bank, means bank security in your home. And it's hard to achive today.

The rest of you: Is it theory 1 or 2? (Or your own)

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: adamstgBit on April 28, 2015, 01:33:09 PM

BAhahahahaha
oh this thread, always good for a lol.

Oh, Mighty Lord of the Underworld!

Are you here to shut us down?

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: JorgeStolfi on April 28, 2015, 01:26:42 PM

Quote from: fonsie on April 28, 2015, 01:14:07 PM

Those seem some decent numbers given the small market cap of Bitcoin. So basically you've got nothing real to back your previous statement.

In their official report to the SEC it says clearly that in Q3 2014 they were no longer taking bitcoins; all their "bitcoin" sales were converted into cash by the payment processor. What more proof would you want?

In their official report to the SEC it says clearly that in Q3 2014 that:

Quote

We have also begun to hold bitcoin and other cryptocurrency directly

How many words and sentences do you need to twist to make your point?

You must be real good with kids, aren't you? Do they all just run away or do they start crying?

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: Norway on April 28, 2015, 01:14:37 PM

Quote from: Wandererfromthenorth on April 28, 2015, 01:13:06 PM

By the way, don't expect any major move before the 7th-11th May, we are gonna stay in the $210-$225 area until then.
THEN the big move either up or down.

Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.

Why those dates? (Don't tell me because lines on a history chart).

I already timed the BTC markets in the past, nothing fancy or complicated to do. Others have done it too several times.
The BTC markets can be more predictable than most people think.

The start of the crash to $150:

Quote from: Wandererfromthenorth on January 03, 2015, 07:27:06 AM

I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.

Timing the BTC markets is easy as fuck Cheesy

Quote from: Wandererfromthenorth on December 29, 2014, 04:56:15 PM

Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.

Quote from: Wandererfromthenorth on December 29, 2014, 05:00:25 PM

You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.

The 2014 megapump from $450 to $680 was very easy to time with precision of days too. Too lazy to search that old post tho.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Fatman3001 on April 28, 2015, 01:26:04 PM

Quote from: Norway on April 28, 2015, 01:18:30 PM

Quote from: JorgeStolfi on April 28, 2015, 01:15:52 PM

Quote from: fonsie on April 28, 2015, 01:10:13 PM

Let me use my common sense. Back on ignore you troll...

That's ironic (or pathetic), coming from an account that was created specifically to troll another user... Cheesy

Comming from you??? Grin

lol!

BAhahahahaha
oh this thread, always good for a lol.

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: JorgeStolfi on April 28, 2015, 01:15:52 PM

Quote from: fonsie on April 28, 2015, 01:10:13 PM

Let me use my common sense. Back on ignore you troll...

That's ironic (or pathetic), coming from an account that was created specifically to troll another user... Cheesy

How is that different from why you made your account?

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: fonsie on April 28, 2015, 01:14:07 PM

Those seem some decent numbers given the small market cap of Bitcoin. So basically you've got nothing real to back your previous statement.

In their official report to the SEC it says clearly that in Q3 2014 they were no longer taking bitcoins; all their "bitcoin" sales were converted into cash by the payment processor. What more proof would you want?

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC