6 hours ago, everyone started predicting an immanent price rise. I said at least 20 USD. No one started predicting an immanent price drop at that time, or since then. Now the price has risen from 480 to 505. How does that reconcile with your views on technical analysis, Jorge?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28050. (Read 26712978 times)
April 24, 2014, 06:41:56 PM
April 24, 2014, 06:40:31 PM
I told you! Price is raising.
You're the only one who saw it coming.
was he?
Sarcasm. I think pretty much the whole forum saw it coming.
April 24, 2014, 06:39:40 PM
Total bidsum on stamp has gone from $9.5mm to $12mm in the last day or so, first time since it hasnt been decreasing in a while.
Bidsum hasnt been below 10mUSD for about 6 days, but yes it is going up. Its the first time the bid sum has topped 12mUSD in over 2 weeks
April 24, 2014, 06:39:26 PM
Total bidsum on stamp has gone from $9.5mm to $12mm in the last day or so, first time since it hasnt been decreasing in a while.
meanwhile ask sum is going down
hmmmm
what does it all mean?
April 24, 2014, 06:38:18 PM
I told you! Price is raising.
You're the only one who saw it coming.
was he?
Sarcasm. I think pretty much the whole forum saw it coming.
April 24, 2014, 06:34:49 PM
Total bidsum on stamp has gone from $9.5mm to $12mm in the last day or so, first time since it hasnt been decreasing in a while.
April 24, 2014, 06:33:57 PM
I told you! Price is raising.
You're the only one who saw it coming.
was he?
No, well done to you!
April 24, 2014, 06:33:35 PM
Bears be like
April 24, 2014, 06:32:37 PM
Jorge, honestly, what if tomorrow our beloved PBOC dudes wake up with a bad migrain, and start the FUD again?? can TA predict that???
It didnt rain yesterday, it isnt raining now... are you sure it wont rain tomorrow???
Enough of the TA predictions..
(and i love maths, civil engineer here)
It didnt rain yesterday, it isnt raining now... are you sure it wont rain tomorrow???
Enough of the TA predictions..
(and i love maths, civil engineer here)
April 24, 2014, 06:29:48 PM
$500! We made it....
Still curious to see which way this thing is gonna break. I used a significant amount of fiat after April 18th for $480 when I perceived latest round of Chinese FUD to be over (until next time). I won't regret that but do have a little bit more fiat in case we do re-test lows. I'm ready for a reversal, last few months have been tough for our beloved bitcoin (news wise).
Still curious to see which way this thing is gonna break. I used a significant amount of fiat after April 18th for $480 when I perceived latest round of Chinese FUD to be over (until next time). I won't regret that but do have a little bit more fiat in case we do re-test lows. I'm ready for a reversal, last few months have been tough for our beloved bitcoin (news wise).
April 24, 2014, 06:29:12 PM
Ok I am going to sleep. I want to wake up and see rally in progress
Good night to all of the members and I wish you great time while I will be sleeping.
♥BTC
Good night to all of the members and I wish you great time while I will be sleeping.
♥BTC
April 24, 2014, 06:28:28 PM
i loved Adam choochoos and rockets pics.. 
I define myself as a tired permabull (and HODLer)... i like this mini rallies, but the story will repeat and the dumpers will ruin the party.
I define myself as a tired permabull (and HODLer)... i like this mini rallies, but the story will repeat and the dumpers will ruin the party.
April 24, 2014, 06:27:14 PM
I do not know what the price will be but the log brownian model does NOT say that (I am just repeating myself here) ...
Look at a call closed formula price, N(d2) represents the probability of the call being in the money, if you put S=K (our example here) you are left with N(something negative) which means that the probability that the price ends up above current value is ... less than 50% !
And below current value is ... more than 50%.
Look at a call closed formula price, N(d2) represents the probability of the call being in the money, if you put S=K (our example here) you are left with N(something negative) which means that the probability that the price ends up above current value is ... less than 50% !
And below current value is ... more than 50%.
I don't understand your notation, here is mine
Basically, in the log-Brownian model the difference between successive values of Z(i) = log(P(i)) are independent random variables with probability distributions that are symmetric about zero. Therefore after any number n of steps the probability distribution of Z(i+n) will be symmstric about the starting value Z(i). That means Z(i+n) wil be less than Z(i) with 50% probability. Since log is monotonic, it preserves cumulative probabilities, therefore P(i+n) will be less than P(i) with 50% probability. What is wrong with this argument?
(Strictly speaking, "Brownian" requires a normal distribution of increments with zero mean and fixed variance. In practice the variance varies slowly and the distributions have fatter tails than the norma; but by the law of large numbers they become near-normal for large n.)
April 24, 2014, 06:18:22 PM
I told you! Price is raising.
You're the only one who saw it coming.
was he?
April 24, 2014, 06:13:36 PM
I told you! Price is raising.
I frequently find it funny... if NOT strange when people want to say I told you so.
NONE of us know which F***n direction this price is going. .. We may have momentum in one direction or another, but a major pump or dump (which NO one can predict, except for the person(s) doing the pumping or dumping) will likely change the direction to the opposite.
I will NOT begin to think that we are out of the bearish woods, until we pass $560-ish....
April 24, 2014, 06:11:56 PM
Important levels:
502 USD
550 USD
650 USD
Rally in the next 24 hours towards 550 USD, consolidation at 530, in a few dayhs, attempt to reach 650 USD. That is my giess for the next 7 days
502 USD
550 USD
650 USD
Rally in the next 24 hours towards 550 USD, consolidation at 530, in a few dayhs, attempt to reach 650 USD. That is my giess for the next 7 days
April 24, 2014, 06:10:00 PM
He he. I know what you mean. I have a DSI Evolver Keyboard Edition and Korg Micro XL. The Evolver sounds awesome, but I don't know how to play keyboard
Got the MicroKorg. Same thing here, I can't play the keyboard, but wanted to have this crazy thing. This coincidence can only mean one thing: Bitcoin will go higher!
I totally agree! "This is Kenndy is communicating with Khrusjtjov"
April 24, 2014, 06:08:34 PM
From the last few price surveys, I'd say Wall Observer is a market maker.
Can you edge the prices up on the next survey, please
Can you edge the prices up on the next survey, please
April 24, 2014, 06:05:13 PM
The fact that we haven't seen a bigger beartrap yet, is very bullish i believe
April 24, 2014, 06:03:54 PM
I told you! Price is raising.
You're the only one who saw it coming.
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