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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29370. (Read 26610913 times)

sr. member
Activity: 448
Merit: 250
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.

After writing the announcement at 10:30am


I've worked with people like this before, and I'm 99% sure this is what happens:

Step 1: After an announcement, everybody goes home sweating bullets.
Step 2: Next day everybody comes back, things are working "as intended" so you do absolutely nothing for a day.
Step 3: Finally you notice that nobody likes your "intentions" so you decide you need to do something.
Step 4: You spend half a week talking about how to get people to stop complaining while doing as bloody little as possible.
Step 5: After a week of debating you finally get the announcement written and want to release it ASAP.
Step 6: You spend about 12 hours actually completing what you plan to announce, announce it, then leave for home sweating bullets again.
full member
Activity: 187
Merit: 100
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.

what do they predict as the bottom?

$400 I think, absolute minimum

That sounds about right.  I remember their prediction to be in the 400's.  I'm no expert - they're calling it the capitulation?
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.

After writing the announcement at 10:30am
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.

what do they predict as the bottom?

$400 I think, absolute minimum
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.

what do they predict as the bottom?
full member
Activity: 187
Merit: 100
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.
hero member
Activity: 910
Merit: 1003
What are the changes we'll get that gox update on monday?

On the first press release by MtGOX (Feb/10) the price at Huobi fell permanently by ~350 yuan (about 50 dollars).

On the second update (Feb/20) it fell again by ~350 yuan, but appears to have recovered over the last four days.

Are you sure you want another MtGOX update tomorrow?

sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.
sr. member
Activity: 448
Merit: 250
Because they have their money locked into gox... No news is bad news, time to short = big time

How do you short MtGox?  Shorting anywhere else would be risky right now.

btc.sx
legendary
Activity: 1260
Merit: 1002
Because they have their money locked into gox... No news is bad news, time to short = big time

uhhh that would imply news is good news.. and last time we had news was just "non-news".. and it clearly was a good time to short considering the drop that followed.

So news or not.. just short people!! Cheesy
legendary
Activity: 1106
Merit: 1007
Hide your women
Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

It's easy. Here, I'll do it again: After the next rally, there will be a pullback.

See how easy that was? It's a gift, really. I need to be on CNBC.
legendary
Activity: 1260
Merit: 1002
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.

Mark is just a vicious little fatty scumbag that pretty much enjoys playing all of us. It is just his way of satisfying himself and i expect he wont stop it any time soon. He just loves to mess with us and Bitcoin. It makes him feel he is God. And with all that fuss around him, with people travelling around the world to see him, we may actually prove his point... Grin
hero member
Activity: 784
Merit: 1000
Because they have their money locked into gox... No news is bad news, time to short = big time

How do you short MtGox?  Shorting anywhere else would be risky right now.
hero member
Activity: 728
Merit: 540
newbie
Activity: 42
Merit: 0
Because they have their money locked into gox... No news is bad news, time to short = big time
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
why do poeple seem to think an update is coming?

What are the changes we'll get that gox update on monday?

nobody promised update on monday
this

and the next update will be that withdrawals are back on a limited basis, then thanks to  bobthebuilder everyone will bypass the withdrawals limits, then thousands of accounts will request the max daily limit for days on end, and..... it all gone!  Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.
newbie
Activity: 42
Merit: 0
People are threatening lawsuits? wouldn't you issue a statement- if you had good news
sr. member
Activity: 293
Merit: 250
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if the had good news, it would be released first thing in the morning?
No I don't and I don't care if its bad news or good really. They always wait till the end of the day, around 7-7:30 p.m
Japan time.
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