CHUGGA CHUGGA
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PRICE DISCOVERY IN PROGRESS
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31181. (Read 26724259 times)
December 13, 2013, 06:24:06 PM
December 13, 2013, 06:23:37 PM
Just like, in between 21:25-22:15 UTC, the price went up by 1% with high volume. I told before, in this very thread. Why did you not piggyback that one?
Seriously now: What percentage of certainty your model describes? Will it be 100% sure that what you're going to predict will actually be like that?
December 13, 2013, 06:20:44 PM
I really believe that Risto is seriously trolling in here. It's virtually IMPOSSIBLE to predict ANYTHING for sure into such a system like BTC. A serious prediction of ANY chaotic system (not one like we're observing here, which may as well be the mother of all chaotic systems) would have been in the timeframe of minutes or hours at max, not days; nor weeks.
I'm interested in short-term predictions, like for next hour or soJust like, in between 21:25-22:15 UTC, the price went up by 1% with high volume. I told before, in this very thread. Why did you not piggyback that one?
December 13, 2013, 06:19:58 PM
PEOPLE!
What are you talking about? We're missing the subject here... which is:
YEAH BABY!!! What are you talking about? We're missing the subject here... which is:
CHOO CHOO!!!
December 13, 2013, 06:18:33 PM
PEOPLE!
What are you talking about? We're missing the subject here... which is:
December 13, 2013, 06:18:26 PM
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
But this is btc:-D
Btc dont care
You should be the right person to bet for BTC against me...
How about:
- Will Bitstamp surpass its ATH of $1163/BTC in 2 months?
- If this price is breached, Goat wins.
- If not (until February 13th 24:00 UTC), rpietila wins.
Bet amount is $50,000, (odds 1:1) paid in bitcoins at the rate of the settlement date.
24:00 UTC is a confusing time. Say 23:59 UTC.
December 13, 2013, 06:18:15 PM
December 13, 2013, 06:17:55 PM
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
Profoundly incorrect.
lrn2pricediscovery
I really believe that Risto is seriously trolling in here. It's virtually IMPOSSIBLE to predict ANYTHING for sure into such a system like BTC. A serious prediction of ANY chaotic system (not one like we're observing here, which may as well be the mother of all chaotic systems) would have been in the timeframe of minutes or hours at max, not days; nor weeks.
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
Again: system dynamics DOES have approaches for things like Bitcoin, where the model is simply of questionable accuracy instead of completely worthless.
True story. +1
December 13, 2013, 06:17:46 PM
Depends on the odds. But most likely reptila can calculate them to his advantage. Too much math for me. 
I'm good at math, trends also. But wouldn't bet on either way. Risto has the ability to lose and laugh about it; I don't.
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
I'd like to take a peek if you don't mind... ?
Me too!
Oh, and I am off to bed. Good late night from Europe. Please behave yourselves.
December 13, 2013, 06:17:35 PM
Of course with China anything is possible, we can all be wrong, and nobody knows what's going to happen. They have messed up all our TA and seem to have their own TA like 'the book of the path of the dragon'.
The Chinese dragon is ripping the faces off a few bears at the moment.
Yeah, one more % and it has regained all the losses of the last 12 hours. Yawn....
December 13, 2013, 06:16:11 PM
December 13, 2013, 06:15:52 PM
I really believe that Risto is seriously trolling in here. It's virtually IMPOSSIBLE to predict ANYTHING for sure into such a system like BTC. A serious prediction of ANY chaotic system (not one like we're observing here, which may as well be the mother of all chaotic systems) would have been in the timeframe of minutes or hours at max, not days; nor weeks.
I'm interested in short-term predictions, like for next hour or so 
December 13, 2013, 06:15:25 PM
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
Profoundly incorrect.
lrn2pricediscovery
+1
December 13, 2013, 06:14:59 PM
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
But this is btc:-D
Btc dont care
You should be the right person to bet for BTC against me...
How about:
- Will Bitstamp surpass its ATH of $1163/BTC in 2 months?
- If this price is breached, Goat wins.
- If not (until February 13th 24:00 UTC), rpietila wins.
Bet amount is $50,000, (odds 1:1) paid in bitcoins at the rate of the settlement date.
December 13, 2013, 06:13:42 PM
china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?
Which page was the magic on? Seemed to have missed it?
December 13, 2013, 06:13:31 PM
Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level.
We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%.
I have thousands of lines of research on the subject but nobody reads it anyway so why even post...
Profoundly incorrect.
lrn2pricediscovery
I really believe that Risto is seriously trolling in here. It's virtually IMPOSSIBLE to predict ANYTHING for sure into such a system like BTC. A serious prediction of ANY chaotic system (not one like we're observing here, which may as well be the mother of all chaotic systems) would have been in the timeframe of minutes or hours at max, not days; nor weeks.
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
Again: system dynamics DOES have approaches for things like Bitcoin, where the model is simply of questionable accuracy instead of completely worthless.
December 13, 2013, 06:12:14 PM
I really believe that Risto is seriously trolling in here. It's virtually IMPOSSIBLE to predict ANYTHING for sure into such a system like BTC. A serious prediction of ANY chaotic system (not one like we're observing here, which may as well be the mother of all chaotic systems) would have been in the timeframe of minutes or hours at max, not days; nor weeks.
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
ANY data provided and calculated may as well be proved as right, also as wrong. If he managed to make it based onto his calculations it's good for him and may as well define a brand new IQ entity by himself. I seriously salute him! But I don't think he did it only because of them. Luck is a special and important factor in this.
Just saying (if you want theoretical proof I can also support what I've just typed).
December 13, 2013, 06:08:40 PM
china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?
Oh dear - arrogance is never appealing - steady, eh?
Gandibit is Ok - I know you will say don't care if you make friends here, but if you don't care, why bother posting here - ego?
December 13, 2013, 06:08:26 PM
Talk about jumping the gun.
I think we have set up orbit at Lagrangian point 1.
We have achieved a level of balance in the short term, and it takes significant pressure to move in either direction.
Got to fuel up for a few more days/weeks to break free and continue on.
December 13, 2013, 06:05:20 PM
china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?
It turley is.
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