Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30587.

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: ?? on ??

Quote from: solex on January 04, 2014, 09:35:00 PM

Quote from: ?? on ??

this is the now infamous "super-exponential" chart ... it has closer correlation with current price data 0.945 (than the simple log plot , 0.9) ... posted here https://bitcointalksearch.org/topic/m.4227238

if we really are going super-exponential (and it is remote possibility if we are looking at step-change adoption event on the S-curve, akin to an algal population bloom) ... then much mind will be blown.

And much 1MB block size will be blown too...

I don't know why but this super-exponential thing is starting to grow on me ... surely it is impossible. It just seems like the market action is more like reverting to trend .... seems like pretty solid gains than any bubbly toppy mania getting ready to plunge back into the abyss (i.e. back to trend)

My heart (and wallet) likes the super-exponential fit, but my head still goes with the straight-line on a log-chart. Perhaps it will bounce around between $800 and $1200 for a few more months. June/July seems to be "right" time for $1000 as a norm. It still leaves $2000 due in Oct/Nov this year.

Erdogan

legendary

Activity: 1512

Merit: 1005

Trending upwards last hour.

If the sleepers have alarms on 940, will they have time to brush their teeth and shave before AWH (all week high)?

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: JimboToronto on January 04, 2014, 10:18:28 PM

Quote from: Richy_T on January 04, 2014, 10:16:01 PM

Quote from: ?? on ??

i store wheat and there is no way i could ever think of trying to store $500,000 worth of wheat. Gold, well that could fit in a shoe box...

How about $500,000 worth of shoes then?

Better ask Imelda Marcos.

Good one. She has still not worn out her rubber boots. What an investment.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: Richy_T on January 04, 2014, 10:16:01 PM

Quote from: ?? on ??

i store wheat and there is no way i could ever think of trying to store $500,000 worth of wheat. Gold, well that could fit in a shoe box...

How about $500,000 worth of shoes then?

Better ask Imelda Marcos.

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

Quote from: ?? on ??

Quote from: adamstgBit on January 04, 2014, 10:08:17 PM

gold is dyeing, wheat is a better store of value at this point..

i store wheat and there is no way i could ever think of trying to store $500,000 worth of wheat. Gold, well that could fit in a shoe box...

you dont have to store it framers love to sell wheat IOU's Wink

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: ?? on ??

i store wheat and there is no way i could ever think of trying to store $500,000 worth of wheat. Gold, well that could fit in a shoe box...

How about $500,000 worth of shoes then?

Erdogan

legendary

Activity: 1512

Merit: 1005

Thanks Adam. 10 bucks down, and everybody goes to sleep. What party. Typical. Pour us another, Chartbuddy.

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

Quote from: Erdogan on January 04, 2014, 09:55:38 PM

Tut Ank Amon: Father, I think we should sell our wheat, that part that we don't need to feed ourselves and the servants for the next five years. The traders from the east seems to prefer gold. It is durable and compact.

Akhenaten: No son, it is unusable. You can't eat it. It has no intrinsic value. It's a bubble.

gold is dyeing, wheat is a better store of value at this point..

bitcoin is stealing golds thunder, i would expect to see sub 1000$ gold coins and >10,000$ bitcoins soon enough.

Erdogan

legendary

Activity: 1512

Merit: 1005

Tut Ank Amon: Father, I think we should sell our wheat, that part that we don't need to feed ourselves and the servants for the next five years. The traders from the east seems to prefer gold. It is durable and compact.

Akhenaten: No son, it is unusable. You can't eat it. It has no intrinsic value. It's a bubble.

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

Quote from: spooderman on January 04, 2014, 09:42:10 PM

I can't wait to see the wall at 941 on gox get munched. And the 910 guy needs to catch up!

lol gox dollars cashing bitcoins

spooderman

legendary

Activity: 1680

Merit: 1045

I can't wait to see the wall at 941 on gox get munched. And the 910 guy needs to catch up!

edit: anyone remember that 10k ask wall at 270 after we broke the April ATH? Seriously, who was that? And have they joined a bitcoin support group now?

edit 2:aaaand 5k in cny again

Erdogan

legendary

Activity: 1512

Merit: 1005

Young Tot Ank Amon: Father, shouldn't we get rid of all the wheat we have collected, at least all that we don't need for ourselfs and our servants the next 5 years? It seems that gold is the new money. The caravane captains seem to prefer it, it is more compact and durable...

Father: No son, you can't eat it. It has no intrinsic value. It's a bubble.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: Davyd05 on January 04, 2014, 09:31:36 PM

Quote from: JimboToronto on January 04, 2014, 09:31:06 PM

Quote from: dgarcia on January 04, 2014, 09:28:29 PM

Quote from: virtualfaqs on January 04, 2014, 09:23:09 PM

It's not over yet. On Mtgox Resistance Wall at 921.3..... Undecided

Bought.

Bitcoin Bozo bounces back.

all on a Saturday night who said nerds don't have fun.

Better alliterate than illiterate.

btw Some of us nerds actually like to participate in S&D&R&R on a Saturday night.

It's just a little too early (9:37PM local time).

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: ?? on ??

this is the now infamous "super-exponential" chart ... it has closer correlation with current price data 0.945 (than the simple log plot , 0.9) ... posted here https://bitcointalksearch.org/topic/m.4227238

if we really are going super-exponential (and it is remote possibility if we are looking at step-change adoption event on the S-curve, akin to an algal population bloom) ... then much mind will be blown.

And much 1MB block size will be blown too...

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k