Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28686. (Read 26709771 times)
March 28, 2014, 01:33:25 PM
so hum, bitcoinwisdom has removed "(USD price)" next to Huobi to prevent more panic/adjusting dumps on other exchanges?
March 28, 2014, 01:26:11 PM
i think if Jorge is gana watch and think about bitcoin he might as well buy some... i'd offer Jorge a quick and easy PayPal payment to buy my bitcoin, but paypal blocked my account. 
March 28, 2014, 01:22:42 PM
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
His signature says "Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success."
If he changes his mind and buys some he should update that.
lmao thx
March 28, 2014, 01:17:15 PM
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
His signature says "Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success."
If he changes his mind and buys some he should update that.
March 28, 2014, 01:08:58 PM
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
March 28, 2014, 01:01:29 PM
Well, there will not be any denial or confirmation of the rumor until Monday 00:00 UTC (08:00 CST) at least. Huobi's traders have finally gone to bed it seems.
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
if they ban it will you then buy a bitcoin?
What would cause JorgeStolfi to buy? Has he ever mentioned what the "tipping point" for him would be? I am curious.
March 28, 2014, 01:00:49 PM
March 28, 2014, 12:55:21 PM
Well, there will not be any denial or confirmation of the rumor until Monday 00:00 UTC (08:00 CST) at least. Huobi's traders have finally gone to bed it seems.
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
if they ban it will you then buy a bitcoin?
March 28, 2014, 12:49:08 PM
Well, there will not be any denial or confirmation of the rumor until Monday 00:00 UTC (08:00 CST) at least. Huobi's traders have finally gone to bed it seems.
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
March 28, 2014, 12:46:00 PM
There has to be a counterbalance to all the cultish posts of the always-bullish people who think that prices are always going straight to the moon tomorrow regardless of any and all TA and that every unfavorable event is always made up.
It was us cultists who kept this project alive when it dropped from $32 to $3 and stayed there for a year. The fraction of investors like me who will willingly go down with the ship are the support base that gives BTC what some call "intrinsic" value. Without us, this really would be a Ponzi Scheme. Contributing to positive change in the world is just as important as ROI.
You know what? I give you that. I think it was Rampion who put it as something like "the hardcore (cultists) provide the base value, the traders/speculators add the volatility/spikes".
So, yes, those of you who are willing to go down with the ship, I pay my respect to you...
But this is the fucking speculation subforum. And, as you would expect by the name of it, speculators are not, by and large, interested in going down with the ship. And that's what pisses me off: not that the "cultists" are sitting this bear market out, but that they're shouting down those who discuss how to profit from the market conditions.
This reply deserves an award. GTFO from this thread noble cultists!
I have no problem at all with speculators with no ideological bent. The good ones add liquidity when it is valued and absorb liquidity when it's not. The bad one's give me and the good ones money. The beauty of Bitcoin is that you don't have to believe in it for it to work. However it you don't believe in it, then you are likely to bail when coins are too cheap and end up being a bad speculator.
As for profiting from market conditions, the market is sending a signal that may or may not be a false signal concerning Bitcoin's future in China. As time goes by, I think it is more and more likely that the signal is false. The PBoC has not confirmed or denied the rumor. I think denying rumors is probably lower on their priority list than confirming actual policy decisions so no news is likely to be good news. Now markets hate uncertainty and this definitely qualifies, so this may be a buying opportunity. Maybe.
March 28, 2014, 12:38:41 PM
anyone know what happened to pirate's ill gotten gains?
not i, but i found the silk road coins: http://www.geocities.jp/hiranocolt/page034.html
fuck
there goes my morning
March 28, 2014, 12:25:47 PM
Ok, I'll leave you guys with your high hopes of moons and trains. I'll have to go and when I'll return, then this username is probably banned already because of the cries of rpietila. But see you all later under a new name.
Why bother? You have HARDLY invested in bitcoin, and you really do NOT seem very interested.... except to denigrate various strategies.. without really providing insight...
Yes, expel the unbeliever!
hehehehe... My point is NOT about unbelieving .. but about contribution and substantiating contributions... If a person merely criticizing BTC without adding value concerning why.. then what good does that provide... Also, some posters seem to be real denigrating about the contributions of others... which really does NOT seem to add value but instead attempt to distract and to side-rail meaningful discussions...
A living example of a strawman setup by the original poster
The post I responded to, which you later edited, simply responded "Don't bother" to Zapffe.
March 28, 2014, 12:08:18 PM
anyone know what happened to pirate's ill gotten gains?
not i, but i found the silk road coins: http://www.geocities.jp/hiranocolt/page034.html
March 28, 2014, 11:53:54 AM
Ok, I'll leave you guys with your high hopes of moons and trains. I'll have to go and when I'll return, then this username is probably banned already because of the cries of rpietila. But see you all later under a new name.
Why bother? You have HARDLY invested in bitcoin, and you really do NOT seem very interested.... except to denigrate various strategies.. without really providing insight...
Yes, expel the unbeliever!
hehehehe... My point is NOT about unbelieving .. but about contribution and substantiating contributions... If a person merely criticizing BTC without adding value concerning why.. then what good does that provide... Also, some posters seem to be real denigrating about the contributions of others... which really does NOT seem to add value but instead attempt to distract and to side-rail meaningful discussions...
March 28, 2014, 11:51:20 AM
For nominal communists, the CCP is amazingly conservative. I think this reflects that the leadership consists of billionaires. Unless they are planning to defect, bitcoin is a threat, since it liberates people from the banks which they control. If they are planning to defect, however, bitcoin is an amazing tool. I suspect the leadership fears defections and popular liberty more than anything other pair of devils imaginable. Bitcoin probably matters more to the leadership than you might otherwise think.
March 28, 2014, 11:51:00 AM
You know what? I give you that. I think it was Rampion who put it as something like "the hardcore (cultists) provide the base value, the traders/speculators add the volatility/spikes".
So, yes, those of you who are willing to go down with the ship, I pay my respect to you...
But this is the fucking speculation subforum. And, as you would expect by the name of it, speculators are not, by and large, interested in going down with the ship. And that's what pisses me off: not that the "cultists" are sitting this bear market out, but that they're shouting down those who discuss how to profit from the market conditions.
So, yes, those of you who are willing to go down with the ship, I pay my respect to you...
But this is the fucking speculation subforum. And, as you would expect by the name of it, speculators are not, by and large, interested in going down with the ship. And that's what pisses me off: not that the "cultists" are sitting this bear market out, but that they're shouting down those who discuss how to profit from the market conditions.
The beauty of bitcoin is that anyone is free to use it for whatever reason they desire:
Quote
Bitcoin is a new technology. It has no ideologies.
But people project their fears and dreams onto bitcoin. Some dream of getting rich, and some dream of a future utopian world. Some fear losing money or respect, while others fear increased surveillance via blockchain monitoring.
Bitcoin doesn't give a fuck.
But people project their fears and dreams onto bitcoin. Some dream of getting rich, and some dream of a future utopian world. Some fear losing money or respect, while others fear increased surveillance via blockchain monitoring.
Bitcoin doesn't give a fuck.
March 28, 2014, 11:49:17 AM
Something tells that this china fud willl be resolved in a neutral-weird way - it would be somewhat true, but exchanges wont close and it wont be the doomsday.
Kinda like sell on rumors buy on news kind of deal.
Kinda like sell on rumors buy on news kind of deal.
Like last time?
March 28, 2014, 11:48:13 AM
lmao, are people becoming mad in this thread? why everybody is fighting/arguing? is despair hitting hard?
March 28, 2014, 11:46:40 AM
Something tells that this china fud willl be resolved in a neutral-weird way - it would be somewhat true, but exchanges wont close and it wont be the doomsday.
Kinda like sell on rumors buy on news kind of deal.
Kinda like sell on rumors buy on news kind of deal.
March 28, 2014, 11:44:52 AM
And that's what pisses me off: not that the "cultists" are sitting this bear market out, but that they're shouting down those who discuss how to profit from the market conditions.
Because it is my (and many other's) opinion you cannot profit from that
The human mind is amazing in finding patterns even if there is none.
That's silly, of course you can profit trading in such volatile market
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