What's taking so long for the latest doomsday PR to come out and stop the breakout attempt?
The PBOC never releases FUD on weekends.
I was wrong, PBOC sponsored FUD did come out
http://finance.caixin.com/2014-05-11/100675750.html
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27786. (Read 26710677 times)
May 11, 2014, 04:01:43 AM
The PBOC never releases FUD on weekends.
I was wrong, PBOC sponsored FUD did come out
http://finance.caixin.com/2014-05-11/100675750.html
May 11, 2014, 04:00:52 AM
May 11, 2014, 03:49:35 AM
Chinese Slumber Method prediction for Sunday May 11
Prediction valid for: Sunday 2014-05-11, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2823 CNY
Bitstamp's predicted price: 456 USD
http://www.ic.unicamp.br/~stolfi/temp/2014-05-10-prediction-check-HUBI-annotated.jpg
http://www.ic.unicamp.br/~stolfi/temp/2014-05-10-prediction-check-BSTP-annotated.jpg
[ Plot legend ]
The data point for today May/10 was very good (S = 0.0018, W = 0.939) but again way off the assumed trend. We must abandon the previous trend, and assume a new straight-line trend fitted by weighted least squares to the last three points (the second one, May/09, having nearly zero weight). Namely, A + B*(d-d0), where (d-d0) is the number of days since May/08, A = 2743.57, B = +26.48.
The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, taken to be 6.19 CNY/USD. Its value was 6.17 today (May/10), and 6.21, 6.21, 6.16, 6.23, 6.18 on the previous good sample times.
Checking the previous prediction
Prediction was posted on: Satuday 2014-05-10, 03:24 UTC
Prediction was valid for: Satuday 2014-05-10, 19:00--19:59 UTC (~16 hours later)
Foiled again again by the treacherous Chinese:
Huobi's predicted price: 2739 CNY
Huobi's actual price (L+H)/2: 2796 CNY
Error: 57 CNY (~9 USD)
Bitstamp's predicted price: 441 USD
Bitstamp's actual price (L+H)/2: 453 USD
Error: 12 USD
NOTE: Evaluation of the Chinese Slumber Method coming soon. Prepare to laugh.
Prediction valid for: Sunday 2014-05-11, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2823 CNY
Bitstamp's predicted price: 456 USD
http://www.ic.unicamp.br/~stolfi/temp/2014-05-10-prediction-check-HUBI-annotated.jpg
http://www.ic.unicamp.br/~stolfi/temp/2014-05-10-prediction-check-BSTP-annotated.jpg
[ Plot legend ]
The data point for today May/10 was very good (S = 0.0018, W = 0.939) but again way off the assumed trend. We must abandon the previous trend, and assume a new straight-line trend fitted by weighted least squares to the last three points (the second one, May/09, having nearly zero weight). Namely, A + B*(d-d0), where (d-d0) is the number of days since May/08, A = 2743.57, B = +26.48.
The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, taken to be 6.19 CNY/USD. Its value was 6.17 today (May/10), and 6.21, 6.21, 6.16, 6.23, 6.18 on the previous good sample times.
Checking the previous prediction
Prediction was posted on: Satuday 2014-05-10, 03:24 UTC
Prediction was valid for: Satuday 2014-05-10, 19:00--19:59 UTC (~16 hours later)
Foiled again again by the treacherous Chinese:
Huobi's predicted price: 2739 CNY
Huobi's actual price (L+H)/2: 2796 CNY
Error: 57 CNY (~9 USD)
Bitstamp's predicted price: 441 USD
Bitstamp's actual price (L+H)/2: 453 USD
Error: 12 USD
NOTE: Evaluation of the Chinese Slumber Method coming soon. Prepare to laugh.
You are way off pretty much every time. What's making you posting predictions?
May 11, 2014, 03:44:58 AM
Bumpin up against that $460,-.
Once we break it, we can post train and moon pics.
Once we break it, we can post train and moon pics.
I can feel all the fiat on the exchanges waiting to buy, it may arrive when we don't except it anymore
http://3.bp.blogspot.com/-jQqQglj8zAI/T_iKrmlP_rI/AAAAAAAABis/4vdnRDCum5w/s320/usd-1_billion_dollars-1,000,000,000_USD-v2.jpg
Bitstamp is like... 'lol what should we do about all this fiat? I guess post some vague tweets about bitcoin going to the moon'
Yes, I'm not on Bitstamp but on Kraken, but I can see my few fiat waiting on the ground !
May 11, 2014, 03:29:49 AM
These last couple hours kind of shows that there are traders in the game that learned to accept that "dumpers will dump" no matter what and use it to their advantage. Good stuff.
May 11, 2014, 03:26:54 AM
Bumpin up against that $460,-.
Once we break it, we can post train and moon pics.
Once we break it, we can post train and moon pics.
I can feel all the fiat on the exchanges waiting to buy, it may arrive when we don't except it anymore
Bitstamp is like... 'lol what should we do about all this fiat? I guess post some vague tweets about bitcoin going to the moon'
May 11, 2014, 03:23:02 AM
Woe is me ...price dropped 13 dollars.. after going up $39..from the Monday low of the week were still in.
May 11, 2014, 03:18:53 AM
Bumpin up against that $460,-.
Once we break it, we can post train and moon pics.
Once we break it, we can post train and moon pics.
I can feel all the fiat on the exchanges waiting to buy, it may arrive when we don't except it anymore
May 11, 2014, 03:12:27 AM
Someone exposed lobbyists working for Mastercard as being responsible for FUD
http://www.forbes.com/sites/perianneboring/2014/05/09/secs-investor-warning-on-bitcoin-could-stifle-innovation/
http://www.forbes.com/sites/perianneboring/2014/05/09/secs-investor-warning-on-bitcoin-could-stifle-innovation/
May 11, 2014, 03:03:51 AM
Are there any news out or did the quest for cheaper coins just put us in full panic mode?
Breaking news: failed breakout and 4385 volume. Now here is John with sports.
'Twas that close this time...
... But again, on such unimpressive volume.
May 11, 2014, 03:00:52 AM
May 11, 2014, 03:00:47 AM
Oh, this doesn't look good at all.
May 11, 2014, 02:59:14 AM
Are there any news out or did the quest for cheaper coins just put us in full panic mode?
Breaking news: failed breakout and 4385 volume. Now here is John with sports.
May 11, 2014, 02:58:03 AM
Are there any news out or did the quest for cheaper coins just put us in full panic mode?
It has to be said that Sunday mornings are traditionally the most bearish part of the weekend. Who knows. Hungovers, weekend manipulators, no new fiat...
May 11, 2014, 02:56:18 AM
Oh, this doesn't look good at all.
May 11, 2014, 02:52:28 AM
Are there any news out or did the quest for cheaper coins just put us in full panic mode?
Breaking news: failed breakout and 4385 volume. Now here is John with sports.
May 11, 2014, 02:42:04 AM
Are there any news out or did the quest for cheaper coins just put us in full panic mode?
May 11, 2014, 02:24:16 AM
May 11, 2014, 02:00:53 AM
May 11, 2014, 01:31:17 AM
See - wtf is that? What is that thing? You guys need to focus on this because this is your real problem here. Someone needs to call an exterminator or something.
Myrmecia gulosa (Latin for "greedy ant", sort of) is known as the "giant bull ant". A tiny giant bull though. Well,a large tiny giant bull. 
http://en.wikipedia.org/wiki/Myrmecia_gulosa
You calling us ants now Jorge? Jeez - talk about a superiority complex!
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