Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26741.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: JorgeStolfi on July 16, 2014, 02:23:43 PM

Quote from: romneymoney on July 16, 2014, 02:06:17 PM

Speculation inherently runs the risk of being wrong. That's no excuse not to participate. Stop beating around the bush and make a price prediction, Stolfi.

A couple of months ago I tried issuing a daily ~20h prediction based on a hunch that I though might work (the "Chinese Slumber Method"). But in the end it was not significantly better than the trivial method "tomorrow the price will be the same as today".

So my prediction for tomorrow at this hour on Bitstamp is 621.18 USD. Also for next year on this day, too. Wink

I will lay 10:1 against your prediction for Jul 16, 2015. Will bet up to 1 Bitcoin.

DjPxH

full member

Activity: 210

Merit: 100

Quote from: tarmi on July 16, 2014, 02:27:39 PM

Quote from: DjPxH on July 16, 2014, 02:16:34 PM

Quote from: tarmi on July 16, 2014, 02:14:50 PM

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

I really don't know if everybody is still expecting a bubble... Many have written the bubble off, but maybe not enough people for the bubble to actually begin - remember, a bubble only happens when a lot of people don't expect it to occur anymore!

those who have written the bubble off are selling.

if they take the upper hand, this jump could easily end up as merely a bounce from a local floor.

On the other hand, they'd immediately join the train when it really starts and when it is obvious that it isn't just a short rally but another full-blown bubble. Those are the things that really get a bubble going!

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: DjPxH on July 16, 2014, 02:16:34 PM

Quote from: tarmi on July 16, 2014, 02:14:50 PM

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

I really don't know if everybody is still expecting a bubble... Many have written the bubble off, but maybe not enough people for the bubble to actually begin - remember, a bubble only happens when a lot of people don't expect it to occur anymore!

those who have written the bubble off are selling.

if they take the upper hand, this jump could easily end up as merely a bounce from a local floor.

vuduchyld

sr. member

Activity: 364

Merit: 250

Quote from: JorgeStolfi on July 16, 2014, 02:23:43 PM

Quote from: romneymoney on July 16, 2014, 02:06:17 PM

Speculation inherently runs the risk of being wrong. That's no excuse not to participate. Stop beating around the bush and make a price prediction, Stolfi.

A couple of months ago I tried issuing a daily ~20h prediction based on a hunch that I though might work (the "Chinese Slumber Method"). But in the end it was not significantly better than the trivial method "tomorrow the price will be the same as today".

So my prediction for tomorrow at this hour on Bitstamp is 621.18 USD. Also for next year on this day, too. Wink

Certainly as good as any prediction I've seen on this board...and actually better than most!

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: romneymoney on July 16, 2014, 02:06:17 PM

Speculation inherently runs the risk of being wrong. That's no excuse not to participate. Stop beating around the bush and make a price prediction, Stolfi.

A couple of months ago I tried issuing a daily ~20h prediction based on a hunch that I though might work (the "Chinese Slumber Method"). But in the end it was not significantly better than the trivial method "tomorrow the price will be the same as today".

So my prediction for tomorrow at this hour on Bitstamp is 621.18 USD. Also for next year on this day, too. Wink

DjPxH

full member

Activity: 210

Merit: 100

Quote from: kodtycoon on July 16, 2014, 02:19:51 PM

Quote from: DjPxH on July 16, 2014, 02:16:34 PM

Quote from: tarmi on July 16, 2014, 02:14:50 PM

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

I really don't know if everybody is still expecting a bubble... Many have written the bubble off, but maybe not enough people for the bubble to actually begin - remember, a bubble only happens when a lot of people don't expect it to occur anymore!

everywhere I look people are sayin it won't happen for months.

Yeah well, basically no one knows jack... Everyone is just speculating - like you and me - and drawing colorful patterns on logarithmic charts. I, myself, believe we're still on track for any potential bubble to come. But hey, maybe we need another big dip or won't even see a bubble this year. No one knows!

kodtycoon

legendary

Activity: 1568

Merit: 1002

Quote from: DjPxH on July 16, 2014, 02:16:34 PM

Quote from: tarmi on July 16, 2014, 02:14:50 PM

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

I really don't know if everybody is still expecting a bubble... Many have written the bubble off, but maybe not enough people for the bubble to actually begin - remember, a bubble only happens when a lot of people don't expect it to occur anymore!

everywhere I look people are sayin it won't happen for months.

DjPxH

full member

Activity: 210

Merit: 100

Quote from: tarmi on July 16, 2014, 02:14:50 PM

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

I really don't know if everybody is still expecting a bubble... Many have written the bubble off, but maybe not enough people for the bubble to actually begin - remember, a bubble only happens when a lot of people don't expect it to occur anymore!

tarmi

legendary

Activity: 1232

Merit: 1011

and all this talk about manipulation when someone is dumping in 500 batches while everyone else is expecting a bubble is...manipulative.

Cheesy

but I have my doubt that the seller will simply stop or go away.

DjPxH

full member

Activity: 210

Merit: 100

bitcoinity just did the odd thing on my machine where the depth graph on the ask side remains flat for a rather big period before showing some action. I was pretty puzzled but reloaded fast enough before starting to ponder about who is possibly manipulating the market at the moment Tongue

tarmi

legendary

Activity: 1232

Merit: 1011

gotta admire those impatient bots/buyers.

romneymoney

full member

Activity: 193

Merit: 117

HODL

Speculation inherently runs the risk of being wrong. That's no excuse not to participate. Stop beating around the bush and make a price prediction, Stolfi.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: JayJuanGee on July 16, 2014, 12:47:41 PM

In my thinking your comments are misleading b/c you are projecting the future, as if BTC prices are going to be on a continuous downward projection from December 2013 and thereafter.

Please point out the comma in those posts that you think can be interpreted as a hint of an insinuation of some innuendo about the future...

I stated several times, and repeat again: I do not see how one could make any fundamented prediction about the price of bitcoin, even in the short term. I would not hazard making any. It may go to 6'000$ next week, or it may go down to 6$.

All one can say is that, if this or that event were to happen, then the price could go signifcantly up or down. But none of the events that we can think of is sufficiently certain to happen, and other events may happen that would have the opposite effect.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: JorgeStolfi on July 13, 2014, 05:01:53 PM

Quote from: macsga on July 13, 2014, 04:49:29 PM

Quote from: bitcoinsrus on July 13, 2014, 04:39:34 PM

germany

"Football is a game played by 22 players and in the end Germany wins" Roll Eyes

Sorry -- why are you mentioning soccer? Was there a soccer championship somewhere recently? And what is Germany?

The country with the most famous hyperinflation.

Dragonkiller

sr. member

Activity: 378

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: keithers on July 16, 2014, 01:13:44 PM

There are a ton of 0.5BTC buy orders snapping off repeatedly on Stamp right now...

Willy! We missed you so much! Cheesy

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

There are a ton of 0.5BTC buy orders snapping off repeatedly on Stamp right now...

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: ?? on ??

there's clearly buying volume every time it drops.

Exactly. Yesterday I watched as about 800-1K BTC fill in the buy side (after the 500 BTC dump yesterday) , I wake up to see almost that exact amount of coins being dumped on the market (1K) this morning, totally wiping out all the coins that filled in the book for the day.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Sell wall on Stamp is pretty thin right now, we should be able to easily get back to around $625 with only a few people buying...

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