Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28120. (Read 26709945 times)

because this is another rumor perhaps which is senseless ...

Might be one, account. Maybe they fixed all the issues, or closed the account preemptively as per usual

What amazes me is that BTCChina has not published news about their bank accounts closing.

You got a point, using ranges 1-10 ; 10-20 would be better idea... unfortunately.


Antinomic and antonymic are synonyms in my language so I'm not sure I got the nuance :/
Anyway I just wanted to say that floating deadline moving around each time we are getting close did lost its literal meaning and may be refered more as "sword of Damocles" that a dead line.

We were expecting this to happen ... since december.
But it seems they are closing them every month.

I wonder if we won't get the news of banks banning exchanges even in late june.
But , it's the new trend , so let's all sell sell sell.

He wrote on the thread hes not coming back until times are good again  PAGE 6085

Bitstamp banking holiday Fri & Mon for easter... Wouldn't expect too much movement

not sure why the people weren't expecting those accounts from OKcoin or atleast Huobi to close.. they stated they would be closing certain accounts, not sure which totally but...yeah w/e 500 seems stronger than before but we shall see.

How about we do the poll with 40,50,60  give the people a chance to actually be right

Explanation

did you mean antinomic, or antonymic?  if it was before the gulf of tonkin incident, it might be ante-namic.

I have to say it doesnt feel like a very impressive bounce, just no momentum at all.

Bid/Ask sums on stamp becoming very bearish again after a short peak.

Im guessing if we dont see $550 soon we go back down.  (Still HODLING since $390)

Keynsian beauty contest. Not just guessing how sheepy other people are, but how sheepy the sheep think other sheep are, ad infinitum.

Last active 11-04-2014, 02:55:18 - time to start worrying?

Adam (are you still here ?), if you don't got ideas for a new poll I suggest something like that :

"How many time bitcoin will be banned in China ?" answers may be 4, 5, 6, 7 and so on.
You could also formulate it as "How many times China's deadline will be pushed ?" since it's funny how "dead-line" is antinomic in this sentence

Note : I may have lost the count so I'm not sure about the '4' answer !

We will do not worry. In next 12h I predict a rally to the $~530!
 
So, eat your breakfast and have a sit and watch!

Just woke up, doesn't look like there was a late night rally. Hopefully we will have a strong day today

This is a great point. As I was trying to explain information asymmetry to a newbie as a rationale for a heavily bitcoin-weighted investment portfolio (as opposed to a more traditional diversified portfolio), it occurred to me that there are two implications. Assuming that I am a long-term bitcoin bull, a hodl'er, who follows the space very closely and understands the fundamentals very well (all of which I believe to be true):

1) I am in a very GOOD position to profit from long term price RISES due to continued favorable fundamentals. This is because I am competing against the bitcoin non-owners of the world who will eventually appreciate how great bitcoin is, but they will be very slow on the uptake.

2) I am in a BAD position, relatively speaking, to benefit from price FALLS secondary to unfavorable fundamentals. This is because I am competing against the bitcoin owners of the world who will be able to digest bad news extremely quickly.

In my mind, the greatest threat to bitcoin as an investment is if something significantly better comes along. I have been following "bitcoin 2.0" projects (Ethereum, sidechains, etc) very closely and so far, I have not seen anything so far that appears likely to replace bitcoin. Indeed, things like sidechains will only strengthen bitcoin's fundamentals. But suppose something better did come along, and caused the value to bitcoin to plummet. Would I anticipate it faster than the market? Maybe -- after all, I follow this space VERY closely -- but then again maybe not, according to my above reasoning.

Thoughts?

Sold my LTC @ $13.30 happy with that,  could have got more, but to me it was obvious it would turn soon.