Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27999. (Read 26710296 times)

legendary
Activity: 2156
Merit: 1070
Look. The bet is for 30 days.  Not 90. 90 is just a way for Rpietila to try to hegde his bet. The guy is deathly afraid of losing.  In 90 days we could retest 270 and be back above 500.

In fact, if we are no longer in a bear market it matters not if its 30 days or 90 days or 4 years, as we will not see 435. However, if are bear, opposite to what Rpietila suggests, then 30 days gives me a chance to prove him wrong and win the bet.

90 days I will not do. There's no sport in a bet where there is 90%+ chance of a tie and 8% in losing.

30 days is fair.

No one is going to manipulate the market. I am assuming a certain amount of honor here.

Can Rpietila also agree to real risk and honor? We will find out. I expect him to make excuses and not join the bet.


As a spectator, I'd say that this bet has more meaning with a longer term and wider spread.  Narrow and short is just making a joint statement about the size of your respective d*cks :-)  -- essentially saying I am rich enough and bored enough to gamble this on a coin toss.  If it means so little to you, why don't you invest it in something that could enhance BTC valuation? 

But longer and wider is making a statement about whether bitcoin is or isn't going to bubble up again...

In other words, windjc if you are a bull-in-a-bear-suit what's the point of this bet?  Just to prove you are a good at market timing (who cares) or just to get the adrenaline high you've been missing since Dec (chill, man)?


Yes, it is for fun. Not for changing the world. Like most bets. We can give more to charity if you like, but lets not pretend its something its not. It's for fun and bragging rights Wink

I am a bull at heart. Just a bear in the head for now. Unlike Rpeitila who has been relegated to the sidelines like a nervous cheerleader.
legendary
Activity: 1246
Merit: 1010
Look. The bet is for 30 days.  Not 90. 90 is just a way for Rpietila to try to hegde his bet. The guy is deathly afraid of losing.  In 90 days we could retest 270 and be back above 500.

In fact, if we are no longer in a bear market it matters not if its 30 days or 90 days or 4 years, as we will not see 435. However, if are bear, opposite to what Rpietila suggests, then 30 days gives me a chance to prove him wrong and win the bet.

90 days I will not do. There's no sport in a bet where there is 90%+ chance of a tie and 8% in losing.

30 days is fair.

No one is going to manipulate the market. I am assuming a certain amount of honor here.

Can Rpietila also agree to real risk and honor? We will find out. I expect him to make excuses and not join the bet.


As a spectator, I'd say that this bet has more meaning with a longer term and wider spread.  Narrow and short is just making a joint statement about the size of your respective d*cks :-)  -- essentially saying I am rich enough and bored enough to gamble this on a coin toss.  If it means so little to you, why don't you invest it in something that could enhance BTC valuation? 

But longer and wider is making a statement about whether bitcoin is or isn't going to bubble up again...

In other words, windjc if you are a bull-in-a-bear-suit what's the point of this bet?  Just to prove you are a good at market timing (who cares) or just to get the adrenaline high you've been missing since Dec (chill, man)?
hero member
Activity: 812
Merit: 1000
Will market react to super expected BTCchina announcement?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Fiat keeps appearing on Huobi some how.
legendary
Activity: 2338
Merit: 1035
Is it possibly to hold longterm with 2.5 leverage making 2.5x the money?

If so, what are the drawbacks?
legendary
Activity: 2156
Merit: 1070
Look. The bet is for 30 days.  Not 90. 90 is just a way for Rpietila to try to hedge his bet. The guy is deathly afraid of losing.  In 90 days we could retest 270 and be back above 500.

In fact, if we are no longer in a bear market it matters not if its 30 days or 90 days or 4 years, as we will not see 435. However, if are bear, opposite to what Rpietila suggests, then 30 days gives me a chance to prove him wrong and win the bet.

90 days I will not do. There's no sport in a bet where there is 90%+ chance of a tie and 8% in losing.

30 days is fair.

No one is going to manipulate the market. I am assuming a certain amount of honor here.

Can Rpietila also agree to real risk and honor? We will find out. I expect him to make excuses and not join the bet.

sr. member
Activity: 546
Merit: 250


any suggestions for a new poll ??

What Exchange is currently leading. I think Stamp Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 270
Merit: 250


any suggestions for a new poll ??
sr. member
Activity: 364
Merit: 250
Quote


Take another look at this chart.  Look at what happened to price on all the big red volume days.  Every single time price made a new lower low.  It was the lowest price seen on the chart at the time.  Now look at the very last big red volume day.  This is the 2nd to last column of the chart.  This day broke the pattern.  It's a large red volume day, but price did not break to a new chart low.  This bear pattern is now broken.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Wikileaks
I would consider that a rich man's charity, but I can see why you might not.  It's hard to make a case against truth itself, after all.
Correction:  It's sad intensely aggravating to watch someone make a case against truth itself.
hero member
Activity: 910
Merit: 1003
Huobi has not updated the "red lamp" notice on their home page since Apr/17.

Did BTC-China say anything about the PBoC's "clarification to the clarification"?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
donator
Activity: 1722
Merit: 1036

Thanks, I will use that during the runup $1,000->$5,000. With 10:1 leverage and 1 million initial investment, that'll be... 40M profit.

I doubt that you'll ever get that kind of money from those guys. They're like a grown up version of mtgox.

Risto will know me by now. I had a LARGE buy position there last year. With leverage of 1:10.
They phoned me and basically kissed my ass to close my positions.
We agreed I close them, they paid
my money. Every cent. 2-3 business days. They also change te leverage to 1:2 and later 1:1.

Plus500 is listed in London stock excange. Always worked fine.
I use it for gold trading. Last week made about 200.000€ profit.

I confirm that I have heard this story before from a person who has verified his identity.
sr. member
Activity: 546
Merit: 250
The 2h MACD looks promising on Huobi I think.
newbie
Activity: 30
Merit: 0

Thanks, I will use that during the runup $1,000->$5,000. With 10:1 leverage and 1 million initial investment, that'll be... 40M profit.

I doubt that you'll ever get that kind of money from those guys. They're like a grown up version of mtgox.

Risto will know me by now. I had a LARGE buy position there last year. With leverage of 1:10.
They phoned me and basically kissed my ass to close my positions. We agreed I close them, they paid
my money. Every cent. 2-3 business days. They also change te leverage to 1:2 and later 1:1.

Plus500 is listed in London stock excange. Always worked fine.
I use it for gold trading. Last week made about 200.000€ profit.
legendary
Activity: 1764
Merit: 1031
This is a great spectator sport and could do with its own thread to keep track of - it will get lost in here over the next 30 days.
Since someone is highly likely to lose $50k under the terms of the bet, perhaps you could donate a paltry £1k to charity anyway, even if it's not a draw? I'm sure the winner would be gracious enough to accept $49k. I could suggest a few if you need ideas.
Kudos to you both for taking this on (assuming it goes ahead  Smiley )
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Yeah, I prefer BTC too.

http://blockchain.info/address/1Dabso5tsVpM9oZKxu8h4WYUUxjkwxC25Q

i think the bet amount is about 100 BTC? 50k USD.
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