Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26460. (Read 26609464 times)
August 09, 2014, 09:59:48 AM
August 09, 2014, 09:50:56 AM
Today is a good day for some wall observing... walls, walls everywhere...
Indeed. It is a sign of a good weekend. Mark my words that this weekend wont be flat and boring.
This weekend I am 99.9% sure we will end up @$>600.
Do you remember how many times you went wrong, better don't predict.
Yes I admit that I remember. Even when I haven't got too good memory for my mistakes
That's why I told that this time I am 99.9% sure
I left 0.1% chance for another mistake =]But just look at the wall and tell me that you don't feel the same =]
I told you no sign of exciting weekend, same boring weekend like mostly time.
Nothing unusual happening, just no movement at all.
Yeah well ... at least we will be able to sleep peacefully instead of long long nights during the rally
:] I am looking at some polish exchange (bitmarket.pl).. The wall looks promising and I think we will gain a little ++ today very soon. Maybe some $5 ... We will see.
August 09, 2014, 09:31:35 AM
Today is a good day for some wall observing... walls, walls everywhere...
Indeed. It is a sign of a good weekend. Mark my words that this weekend wont be flat and boring.
This weekend I am 99.9% sure we will end up @$>600.
Do you remember how many times you went wrong, better don't predict.
Yes I admit that I remember. Even when I haven't got too good memory for my mistakes
That's why I told that this time I am 99.9% sure
I left 0.1% chance for another mistake =]But just look at the wall and tell me that you don't feel the same =]
I told you no sign of exciting weekend, same boring weekend like mostly time.
Nothing unusual happening, just no movement at all.
August 09, 2014, 09:05:42 AM
Most of these things listed above are NOT pyramid schemes, unless they are causing value to float to the top without any reciprocating value being transferred below. The only way that value gets transferred lower down the pyramid is to find more suckers below. None of these listed items are pyramid schemes, unless they are designed as such. Bitcoin is also NOT a pyramid scheme b/c there are tangible assets, including an infrastructure and a network and continued investments in side businesses.... NO need to explain further at the moment b/c these pyramid scheme/ponzi arguments are totally attempting to simplify bitcoin into something that it is NOT and playing upon ignorance.
What you are writing is correct but you are arguing in a sophistry manner, bitcoin is no pyramid scheme, regarding the typical fraudulent definitions. It's a semantic shift by mmitech, talking of pyramid scheme but meaning a pyramidical wealth distribution. Reading you, I get the impression that you are not silly (even as I would not agree with a lot of your quoted text) and you understood the regarding context. That the wealth of bitcoin is distributed as a pyramid - I think this is undoubtably. But as I said earlier, that is capitalism - not only bitcoin.
Wealth of Bitcoin is more likely to be a Boltzmann type distribution (in my opinion)
Agreed, as a pyramid is a very rough description for any wealth distribution.
August 09, 2014, 09:04:22 AM
Got this feeling as if someone is trying to corner the market. 7200BTC to 620 on stamp and the buy ledger has this almost perfect zigzag patter to average down. Need to breakout of this BS either way will do
August 09, 2014, 08:59:48 AM
August 09, 2014, 08:58:30 AM
Did anyone read this the other day? thought it was an interesting read...
Nasdaq’s + head of ETF business - LaValle "Bitcoin ETF A Turning Point"
http://www.etf.com/sections/features/22835-nasdaqs-lavalle-bitcoin-etf-a-turning-point.html
Nasdaq’s + head of ETF business - LaValle "Bitcoin ETF A Turning Point"
http://www.etf.com/sections/features/22835-nasdaqs-lavalle-bitcoin-etf-a-turning-point.html
August 09, 2014, 08:47:03 AM
Most of these things listed above are NOT pyramid schemes, unless they are causing value to float to the top without any reciprocating value being transferred below. The only way that value gets transferred lower down the pyramid is to find more suckers below. None of these listed items are pyramid schemes, unless they are designed as such. Bitcoin is also NOT a pyramid scheme b/c there are tangible assets, including an infrastructure and a network and continued investments in side businesses.... NO need to explain further at the moment b/c these pyramid scheme/ponzi arguments are totally attempting to simplify bitcoin into something that it is NOT and playing upon ignorance.
What you are writing is correct but you are arguing in a sophistry manner, bitcoin is no pyramid scheme, regarding the typical fraudulent definitions. It's a semantic shift by mmitech, talking of pyramid scheme but meaning a pyramidical wealth distribution. Reading you, I get the impression that you are not silly (even as I would not agree with a lot of your quoted text) and you understood the regarding context. That the wealth of bitcoin is distributed as a pyramid - I think this is undoubtably. But as I said earlier, that is capitalism - not only bitcoin.
Wealth of Bitcoin is more likely to be a Boltzmann type distribution (in my opinion)
August 09, 2014, 08:05:17 AM
Looking good =]
We can say ... it could be $400... :] but it is >$580 and it is looking good
I still believe that we will see >$600 till Monday.
Regards.
August 09, 2014, 07:59:46 AM
August 09, 2014, 07:55:26 AM
Price is fairly stable. Bears come out and try to talk people into selling by predicting a fall down to 3xx and 4xx. Hrmph.
August 09, 2014, 07:50:21 AM
August 09, 2014, 07:43:31 AM
I wanna see the ~300's again 
lol, you want price will reduce to 50%, do you know the effect of 50% down.
August 09, 2014, 07:30:28 AM
I wanna see the ~300's again
Chances of that are very less , we haven't even seen under $400 for last few months
August 09, 2014, 07:20:50 AM
I wanna see the ~300's again
Chances of that are very less , we haven't even seen under $400 for last few months
August 09, 2014, 07:18:25 AM
Still not happy with the 'built up buying pressure from earlier sell-offs plus confidence from phase of relative stability plus naked eye evidence of buying support for mid-400 prices' explanation, huh?
You mean an 'it is raining because drops of water are falling from the sky' kind of explanation?Almost, prof. More like 'market price being a function of human cognitive process output, so it's futile to look for more "objective" causes'.
August 09, 2014, 07:18:04 AM
I wanna see the ~300's again
August 09, 2014, 07:14:00 AM
Still not happy with the 'built up buying pressure from earlier sell-offs plus confidence from phase of relative stability plus naked eye evidence of buying support for mid-400 prices' explanation, huh?
You mean an 'it is raining because drops of water are falling from the sky' kind of explanation? August 09, 2014, 07:03:07 AM
I mean, I do NOT even know where Risto is getting this $470 from .. or even imaginging that $470 is possible...
If anyone would explain why it went up from 450$ to 650$ between May/20 and Jun/06, then we could begin to discuss what could cause it to drop back again. Or whether it is possible that it will do what it already did on Apr/11.Still not happy with the 'built up buying pressure from earlier sell-offs plus confidence from phase of relative stability plus naked eye evidence of buying support for mid-400 prices' explanation, huh?
August 09, 2014, 06:59:50 AM
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