What happened to your doomer predictions earlier in the week?
My little brother was using my account and posting all kinds of FUD. I kicked him off.
I have to use this some time. My lil doggie posted that.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26525. (Read 26607668 times)
August 01, 2014, 01:58:25 PM
What happened to your doomer predictions earlier in the week?
My little brother was using my account and posting all kinds of FUD. I kicked him off.
I have to use this some time. My lil doggie posted that.
August 01, 2014, 01:55:09 PM
stop being so paranoid
Has anyone noticed that "fund" is "fud" with an extra "n"? god damn it Jorge buy a bitcoin.
you said you would!
http://dcmagnates.com/newegg-offers-10-discount-on-bitcoin-purchases/
you said you would!
http://dcmagnates.com/newegg-offers-10-discount-on-bitcoin-purchases/
Ignoring the question of whether a 10% discount will make newegg's prices (plus shipping and customs) competitive with local prices, I still woudl have to open an account with Bitpay or Coinbase i the US and send them my money, ahem, through international bank transfer or credit card. Or buy bitcoins at the MercadoBitcoin, site of the BitcoinRain "ponzhack" scam.
Not this time yet, sorry.
August 01, 2014, 01:50:46 PM
That low ball dumpers derserve 3rd grade burns
August 01, 2014, 01:35:49 PM
OK.. so on the front of pure unsubstantiated speculation [ about a fund's strategy ]....
1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
I can only begin to imagine all the ways that a fund operator could make money, besides charging fees. Indeed, that seems to be one of them.1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
But a fund will probably start with a stash of very cheap coins that the founders own. Or moderately cheap coins that they got at an auction. Creating a fund would be a way of selling them at market price, without imediately depressing that price.
Creating a fund also allows the owner to "sell" his bitcoins without losing control over them. Then some "anonymous hacker" may break through the "professional" security barriers and steal all the coins. Such an event may be highly profitable, depending on who the hacker is and who will end up taking the loss. (Are any of the existing bitcoin funds insured against that?)
Mt gox really did a number on confident in third party's ability to secure bitcoin
and for the same reason, all entities which hold customer bitcoins these days, have multi sig cold offline storage, attackers would need to hit several physical locations in a every short time window to have a chance.
stop being so paranoid
god damn it Jorge buy a bitcoin.
you said you would!
http://dcmagnates.com/newegg-offers-10-discount-on-bitcoin-purchases/
August 01, 2014, 01:32:44 PM
Ahhhh, 600 again! 
yeah , price is pretty much fluctuating around $600 , $599 atm.
August 01, 2014, 01:30:57 PM
OK.. so on the front of pure unsubstantiated speculation [ about a fund's strategy ]....
1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
I can only begin to imagine all the ways that a fund operator could make money, besides charging fees. Indeed, that seems to be one of them.1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
But a fund will probably start with a stash of very cheap coins that the founders own. Or moderately cheap coins that they got at an auction. Creating a fund would be a way of selling them at market price, without imediately depressing that price.
Creating a fund also allows the owner to "sell" his bitcoins without losing control over them. Then some "anonymous hacker" may break through the "professional" security barriers and steal all the coins. Such an event may be highly profitable, depending on who the hacker is and who will end up taking the loss. (Are any of the existing bitcoin funds insured against that?)
August 01, 2014, 01:28:49 PM
Obligatory:
Who else is very happy to see Bitcoin stabilize above $600?
Who else is very happy to see Bitcoin stabilize above $600?
I wanht to see Bitcoin above $6000
August 01, 2014, 01:23:38 PM
china is lagging behind but showing clear signs that it will follow suit, vol there is drescressing, if the pattern holds, this means its just about ready to move up.
China buying will trigger a nu wave of panicked short covering !
*watch*
August 01, 2014, 01:20:07 PM
Ahhhh, 600 again!
August 01, 2014, 01:16:25 PM
Dat 600 tension...
have no fear!I expect 600 to be the same story as yesterday's 585, but i'm loading up on ammo here, i cannot let my greed distract me from my goal, which is to buy all the cheap coins when they come so there none left for you, and for me to be able to do that i need ammo alots of ammo.
i'm in profit so i really don't care if price goes up after i sell, point is it will go down at some point, and i'll be there scoping on the low.
pretty sure this is how bubbles are made.
muahaha muahahaha
August 01, 2014, 01:05:24 PM
china is lagging behind but showing clear signs that it will follow suit, vol there is drescressing, if the pattern holds, this means its just about ready to move up.
China buying will trigger a nu wave of panicked short covering !
*watch* August 01, 2014, 01:05:00 PM
Dat 600 tension...
August 01, 2014, 01:01:48 PM
August 01, 2014, 12:59:55 PM
August 01, 2014, 12:59:52 PM
china is lagging behind but showing clear signs that it will follow suit, vol there is drescressing, if the pattern holds, this means its just about ready to move up.
August 01, 2014, 12:53:08 PM
Not wanting to be the only animal in the zoo who fails to see the bleeding obvious, monkey is now bullish on BTC.
Monkey also thinks the GBPUSD trend will end directly, expects oil to turn up very, very soon, and wants me to close my long volatility position.
Monkey remains bearish the US long bond and precious metals, but thinks I should take profits on shorts in the Russell and S&P.
Monkey also thinks the GBPUSD trend will end directly, expects oil to turn up very, very soon, and wants me to close my long volatility position.
Monkey remains bearish the US long bond and precious metals, but thinks I should take profits on shorts in the Russell and S&P.
Buffalo is bullish on BTC until everybody he knows starts asking him about it. He doesn't move quick enough to mess with trading.
Buffalo is short S&P, but doesn't want to miss the real action if there is bond market contagion.
But maybe buffalo shouldn't swim with monkeys and sharks, after all he's mostly meat and a place to climb out of the water.
August 01, 2014, 12:25:35 PM
support is looking damn strong again. looks no one will be allowed to pass <600
Current market conditions:
Can't see the image Current market conditions:
Edit: aight now i see it lol
August 01, 2014, 12:24:29 PM
support is looking damn strong again. looks like no one will be allowed to pass <600
Current market conditions:
Current market conditions:
August 01, 2014, 12:22:24 PM
Also, the facts that longs are not increasing that much might be a very good sign, the buys are actual BTC being bought and not like the $450 to $680 rise we saw around the 20th of April, which was a "false rise" made mostly out of lot of longs that had to be closed eventually"
Maybe the biggest whales are finally starting to buy their BTC back since selling them all at the top of the bubble and all the way down
We'll have so see what happens next to confirm anything.
Maybe the biggest whales are finally starting to buy their BTC back since selling them all at the top of the bubble and all the way down
We'll have so see what happens next to confirm anything.
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