Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29553. (Read 26609867 times)

legendary
Activity: 882
Merit: 1000
Why people keep trying to persuade others here? How about just bull longs, bear shorts, and others hold?
legendary
Activity: 2338
Merit: 1035
shame we cant get $250 coins on stamp

shit, id transfer my whole life savings  Cool
legendary
Activity: 1078
Merit: 1441
hero member
Activity: 504
Merit: 500
Moderator
full member
Activity: 140
Merit: 100
banned but not broken
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


It's because that's what most have been waiting for. A solid reason to call bitcoin an Ponzi scheme. If Gox goes bad, then it will be played out like bitcoin is actually just a tool for people like Karpeles to prey on their victims.

You have vision. Bitcoin has been through WAY worse than this. And it keeps on keeping on. You are just caught up in the moment with no historical vantage point. Its laughable that you think a healthy market means one with no risks. Go trade rocks for sand if you want no risk. Otherwise be quiet please.

(personal and historically unsubstantiated angry opinion) f.a.c.t.


I bought at 200$, when bitcoin was actually covered by an famous news program in China that is known for representing the Chinese government stance. I sold at around the start of December, when there were no volume to support the price going up and it got clear that China won't have any legal potential with bitcoin. I only bought back once around 800, for couple of hours after I sold again. The last reason was only because I was intoxicated and bored.
So, you religious/lying sack of excrement, don't tell me about having no vision. Pricks like you have been telling me 2 month, that NOW it seems like the price is picking up again, making up childish reasons like "China doesn't even matter!". And for all those two months I held my own decision with only winning by doing this. The slow downfall just continues and continues and it's not difficult to see why.
Delusional pricks like you make me feel shame of my interest in bitcoin, because you do make this place look like a cult or a gang of crooks.
hero member
Activity: 910
Merit: 1003
OK, so here is the new hot Chinese (True) Slumber Method prediction for tomorrow:

Prediction valid for: Tuesday 2014-02-18, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price:  3860 -- 3920 CNY (3890 plus or minus 30)
Bitstamp's predicted price: 625 -- 645 USD (635 plus or minus 10)

The prediction for Huobi above was obtained by fitting a least squares straight line to the True Slumber Points, namely the mean prices at February 10, 12, 14, 15, and 17, 19:00--19:59 UTC (yellow dots in the previously posted chart), and extrapolating that trend line for one more day.  The prices are ~4080, ~4006, ~4004, ~3961, and ~3905, respectively; which extrapolate to ~3890 CNY. 

The prediction for Bitstamp, as usual, is that for Huobi divided by the normal currency factor R = 6.12.

NOTE 1: Those predictions are conditional to Huobi's clients and their robots being all in bed by Feb/18 19:00 UTC.  Otherwise the Method offers no prediction.

NOTE 2: Beware that extemporaneous epiphanies may unexpectedly open wormholes in ontological space and send the market's collective weltanschauung to another galaxy.
member
Activity: 98
Merit: 10
Trust:+4:20--Warning* ASICs with extreme hashrate!

Ok... so stock markets look healthy atm,  all must be well then in the market place then?

Gold and Silver, little rally last few days, but been quite low for quite some time, so they must not be worth much...

Sorry to bore you, but no gun to your head old chap, so if you do not want to read hit ignore, with all respect.

Happy to discuss otherwise, without asking you not to post


I don't think that the stock market looks very healthy at the moment. There are also many uncertainties, and that's not considered healthy. Healthy is the market where there is little chance of bad surprises.
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC. It's hard to imagine how someone could be this stupid, so I bet they are just manipulating the market and motivating the sheep to buy, so they can sell themselves.

the stock market has been kicking ass lately whachutalkinboutyo? =)
hero member
Activity: 504
Merit: 500
Moderator
SUB 200$ Goxcoins - SOOOON
legendary
Activity: 2156
Merit: 1070
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


It's because that's what most have been waiting for. A solid reason to call bitcoin an Ponzi scheme. If Gox goes bad, then it will be played out like bitcoin is actually just a tool for people like Karpeles to prey on their victims.

You have vision. Bitcoin has been through WAY worse than this. And it keeps on keeping on. You are just caught up in the moment with no historical vantage point. Its laughable that you think a healthy market means one with no risks. Go trade rocks for sand if you want no risk. Otherwise be quiet please.

(personal and historically unsubstantiated angry opinion) f.a.c.t.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Go trade rocks for sand if you want no risk.

I lost some money hopping on Carboceramics too late in the game.  (They make sand, for fracking.)  I found the whole rock-sand trade to be too much risk for me.  Now I hold bitcoin instead.
legendary
Activity: 1078
Merit: 1441

Time.

Depends on when you look for the permanent upward trend, what time scale, from start, until now.. well there is...
from now into future could well be...   you can cherry pick to show periods of down trend in the Bitcoin timescale if you want , to get whatever result you are looking for though.

MtGox does not equal Bitcoin, and Bitcoin is not Mt Gox, also maybe some of us simply have a different analysis and have a different idea of what will happen with MtGox, and if or if not a particular event would prove to be that important over a timescale of the next year, two years... so that does not make them, stupid, it just means they may have different opnion, or maybe a different risk tolerance than you do.
also I think you give to much credence to the idea that someone spreading some "good btc news or vibes" or bad for that matter make a huge whole lot of difference



If you look at the entire history of bitcoin bubble-cycle, then the next bubble will always drop to the point where the previous bubble reached. And with this quarterly timescale, you can see that the risen demand in China made the price go up, and now this demand is gone without a substitute. So, no mater what period I observe, I see that the right place should be around 200-300$.
MtGox is not Bitcoin, but MtGox IS A BIG PART OF THE BITCOIN MARKET! How can this be so hard to understand? If people are saying that the market is turning up, without knowing the outcome with MtGox, then they are either stupid or they are lying.
When it turns out that MtGox is insolvent, then the press won't cover how people lost their money trusting MtGox. MtGox is not the hot subject here, the press will talk how people lost their money investing in bitcoin. How bitcoin is just a play money, manipulated by guys who run places like MtGox. And that will scare away any new investor with a half a brain, because he can see that there are actually no regulations that would keep his money safe, when trusting the bitcoin market system. That he would just have to invest in blind faith, and only fools do that.

Ok , circles , I do not agree with your analysis regarding MT Gox, lets revist this in two weeks time ok?  cool





full member
Activity: 140
Merit: 100
banned but not broken
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


It's because that's what most have been waiting for. A solid reason to call bitcoin an Ponzi scheme. If Gox goes bad, then it will be played out like bitcoin is actually just a tool for people like Karpeles to prey on their victims.

You have zero vision. Bitcoin has been through WAY worse than this. And it keeps on keeping on. You are just caught up in the moment with no historical vantage point. Its laughable that you think a healthy market means one with no risks. Go trade rocks for sand if you want no risk. Otherwise be quiet please.

(personal and historically unsubstantiated angry opinion)
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Bears, just sell it to 200$ please, I really want to reach 1000 BTC goal.  Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2156
Merit: 1070
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


It's because that's what most have been waiting for. A solid reason to call bitcoin an Ponzi scheme. If Gox goes bad, then it will be played out like bitcoin is actually just a tool for people like Karpeles to prey on their victims.

You have zero vision. Bitcoin has been through WAY worse than this. And it keeps on keeping on. You are just caught up in the moment with no historical vantage point. Its laughable that you think a healthy market means one with no risks. Go trade rocks for sand if you want no risk. Otherwise be quiet please.
full member
Activity: 140
Merit: 100
banned but not broken
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


It's because that's what most have been waiting for. A solid reason to call bitcoin an Ponzi scheme. If Gox goes bad, then it will be played out like bitcoin is actually just a tool for people like Karpeles to prey on their victims.
full member
Activity: 140
Merit: 100
banned but not broken

Time.

Depends on when you look for the permanent upward trend, what time scale, from start, until now.. well there is...
from now into future could well be...   you can cherry pick to show periods of down trend in the Bitcoin timescale if you want , to get whatever result you are looking for though.

MtGox does not equal Bitcoin, and Bitcoin is not Mt Gox, also maybe some of us simply have a different analysis and have a different idea of what will happen with MtGox, and if or if not a particular event would prove to be that important over a timescale of the next year, two years... so that does not make them, stupid, it just means they may have different opnion, or maybe a different risk tolerance than you do.
also I think you give to much credence to the idea that someone spreading some "good btc news or vibes" or bad for that matter make a huge whole lot of difference



If you look at the entire history of bitcoin bubble-cycle, then the next bubble will always drop to the point where the previous bubble reached. And with this quarterly timescale, you can see that the risen demand in China made the price go up, and now this demand is gone without a substitute. So, no mater what period I observe, I see that the right place should be around 200-300$.
MtGox is not Bitcoin, but MtGox IS A BIG PART OF THE BITCOIN MARKET! How can this be so hard to understand? If people are saying that the market is turning up, without knowing the outcome with MtGox, then they are either stupid or they are lying.
When it turns out that MtGox is insolvent, then the press won't cover how people lost their money trusting MtGox. MtGox is not the hot subject here, the press will talk how people lost their money investing in bitcoin. How bitcoin is just a play money, manipulated by guys who run places like MtGox. And that will scare away any new investor with a half a brain, because he can see that there are actually no regulations that would keep his money safe, when trusting the bitcoin market system. That he would just have to invest in blind faith, and only fools do that.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC.

do you think the fate of gox bears strongly on the long-term value of btc?  if so, why?


legendary
Activity: 1078
Merit: 1441

Ok... so stock markets look healthy atm,  all must be well then in the market place then?

Gold and Silver, little rally last few days, but been quite low for quite some time, so they must not be worth much...

Sorry to bore you, but no gun to your head old chap, so if you do not want to read hit ignore, with all respect.

Happy to discuss otherwise, without asking you not to post


I don't think that the stock market looks very healthy at the moment. There are also many uncertainties, and that's not considered healthy. Healthy is the market where there is little chance of bad surprises.
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox return it's customers $ and BTC. It's hard to imagine how someone could be this stupid, so I bet they are just manipulating the market and motivating the sheep to buy, so they can sell themselves.

Time.

Depends on when you look for the permanent upward trend, what time scale, from start, until now.. well there is...
from now into future could well be...   you can cherry pick to show periods of down trend in the Bitcoin timescale if you want , to get whatever result you are looking for though.

MtGox does not equal Bitcoin, and Bitcoin is not Mt Gox, also maybe some of us simply have a different analysis and have a different idea of what will happen with MtGox, and if or if not a particular event would prove to be that important over a timescale of the next year, two years... so that does not make them, stupid, it just means they may have different opnion, or maybe a different risk tolerance than you do.
also I think you give to much credence to the idea that someone spreading some "good btc news or vibes" or bad for that matter make a huge whole lot of difference



full member
Activity: 140
Merit: 100
banned but not broken

Ok... so stock markets look healthy atm,  all must be well then in the market place then?

Gold and Silver, little rally last few days, but been quite low for quite some time, so they must not be worth much...

Sorry to bore you, but no gun to your head old chap, so if you do not want to read hit ignore, with all respect.

Happy to discuss otherwise, without asking you not to post


I don't think that the stock market looks very healthy at the moment. There are also many uncertainties, and that's not considered healthy. Healthy is the market where there is little chance of bad surprises.
It makes me laugh that "experts" here are actually saying that this is an permanent upwards trend, even if it's not still sure if MtGox can return it's customers $ and BTC. It's hard to imagine how someone could be this stupid, so I bet they are just manipulating the market and motivating the sheep to buy, so they can sell themselves.
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