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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32464. (Read 26726157 times)

legendary
Activity: 2842
Merit: 1511
Anyone think those bitcoin ATM's will have any effect on the exchange rate? As in people having easier access to a bitcoin investment since it's an ATM?
This being Bitcoin, I'd wait until the first mugging or ram raid. Price will double Tongue
sr. member
Activity: 448
Merit: 250

I was wrong

Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless.

The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though.

Better than flipping a coin? I highly doubt it.

If its a coin, its a damn lucky coin.
hero member
Activity: 672
Merit: 500

I was wrong

Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless.

The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though.

Better than flipping a coin? I highly doubt it.
sr. member
Activity: 448
Merit: 250

I was wrong

Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless.

The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 448
Merit: 250
The US dollar resumes its collapse after enjoying a brief respite:



Is the darkness of the line volume or something?
hero member
Activity: 672
Merit: 500

I was wrong

Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless.
legendary
Activity: 2324
Merit: 1125
To retain some credibility for a bull, I will be revising the $300k long term figure up, once I estimate, how high it should be revised.

What up? Grin

I actually liked the $300k estimate* as a long term price goal. If it totally replaces gold it will be $300k, I guess it could be higher because it is better than gold and because it is also being a payment system but gold will never lose 100% of it's value as it's still nice and shiny. Diamonds have value as well while they are made from the most common atom on this planet: carbon.

* Of course in MAY2013USD before people start bitching about USD becoming worthless.
donator
Activity: 1722
Merit: 1036
Tzupy just earned an ignore. See he has a trollface in his avatar!
legendary
Activity: 2688
Merit: 2394
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I was wrong in my recognition of the sub-sub-sub waves, the third and most powerful was yet to come, and nicely it climbed,
especially in China. I should have trusted the theory about it, but to me the panic buyers seemed exhausted on Gox.
Anyway, China led this and I should have looked at their charts more. The sub-sub-sub-waves on Gox were difficult to recognize, and
the drop in market indicators didn't mean in this case the large drop at the end of the sub-sub-wave, but an intermediary drop
between sub-sub-sub-waves 2 and 3. What I am expecting is that once the 3rd sub-sub-sub-wave is depleted, the panic sellers
will see the last chance to sell on the rebound, and that should trigger a large drop, as sub-sub-sub-wave 4. That's my interpretation
of what just happened and might happen soon, but we'll see...


Then I reversed the polarity of the main deflector dish and left those Romulans eating my dust.
legendary
Activity: 2170
Merit: 1094
Only 2 EW sub-sub-waves were available for 'slow up', and IMO we are at the end of the second, which means a drop.
The conditions for the drop were met on Gox, but volume is very low, and can't drop on such low volume.
China kept buying slowly, delaying the expected drop. Maybe Gox is somehow waiting for China?

thx


I was wrong in my recognition of the sub-sub-sub waves, the third and most powerful was yet to come, and nicely it climbed,
especially in China. I should have trusted the theory about it, but to me the panic buyers seemed exhausted on Gox.
Anyway, China led this and I should have looked at their charts more. The sub-sub-sub-waves on Gox were difficult to recognize, and
the drop in market indicators didn't mean in this case the large drop at the end of the sub-sub-wave, but an intermediary drop
between sub-sub-sub-waves 2 and 3. What I am expecting is that once the 3rd sub-sub-sub-wave is depleted, the panic sellers
will see the last chance to sell on the rebound, and that should trigger a large drop, as sub-sub-sub-wave 4. That's my interpretation
of what just happened and might happen soon, but we'll see...
donator
Activity: 1722
Merit: 1036
Bitcoin will be trading at 10K this time next year.

No it won't. Wanna bet 100BTC?

It would be good if everyone who makes wild speculations regarding bitcoin where faced with that bet, perhaps there would be less rubbish and more sense in the community!

It's particularly funny it's rpietilla offering the bet.

Lol, he didn't take the "300k by the end of the year" bet Cheesy

Yeah, what the hell, why is he betting against 10k for a year from now? haha

Maybe he thinks it will be higher than 10k.

No, I think in 12 months it likely is less than $10k:
- 12 months ago it was $10 and now it is $200 so a 20-bagger
- To reach $10k it would have to go up 50x. Not impossible by any means (from pizza to June2011 high is 13000-bagger  Grin in 12 months). But I think the probability is less than 50% which makes me eager to take this side of a bet.

To retain some credibility for a bull, I will be revising the $300k long term figure up, once I estimate, how high it should be revised.
donator
Activity: 2772
Merit: 1019
is this available online? looks like could be from blockchain.info?

I periodically import the data from bitcoincharts.com into a Libreoffice spreadsheet and play around with it.

Nice. Don't hesitate to post here periodically (I'd say).
legendary
Activity: 1400
Merit: 1013
is this available online? looks like could be from blockchain.info?

I periodically import the data from bitcoincharts.com into a Libreoffice spreadsheet and play around with it.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
You could be trading in the line Wink

I like that idea, a sort of informal ongoing Satoshi Square.
donator
Activity: 2772
Merit: 1019
The US dollar resumes its collapse after enjoying a brief respite:



is this available online? looks like could be from blockchain.info?
legendary
Activity: 1400
Merit: 1013
The US dollar resumes its collapse after enjoying a brief respite:

donator
Activity: 2772
Merit: 1019
Anyone think those bitcoin ATM's will have any effect on the exchange rate? As in people having easier access to a bitcoin investment since it's an ATM?
If the BTC ATM coming soon to Toronto were there now, I'd be there feeding in $100 bills as we speak, instead of waiting for some silly cheque to clear and then waiting for a deposit to one of my Virtex accounts to go through.

Actually I'd probably be standing in line behind hundreds of other Bitcoiners.

You could be trading in the line Wink
legendary
Activity: 840
Merit: 1000
Bitcoin will be trading at 10K this time next year.

No it won't. Wanna bet 100BTC?

It would be good if everyone who makes wild speculations regarding bitcoin where faced with that bet, perhaps there would be less rubbish and more sense in the community!

It's particularly funny it's rpietilla offering the bet.

Lol, he didn't take the "300k by the end of the year" bet Cheesy

Yeah, what the hell, why is he betting against 10k for a year from now? haha

Maybe he thinks it will be higher than 10k.

True, but you'd expect someone to say 'I bet it will be higher'
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Anyone think those bitcoin ATM's will have any effect on the exchange rate? As in people having easier access to a bitcoin investment since it's an ATM?
If the BTC ATM coming soon to Toronto were there now, I'd be there feeding in $100 bills as we speak, instead of waiting for some silly cheque to clear and then waiting for a deposit to one of my Virtex accounts to go through.

Actually I'd probably be standing in line behind hundreds of other Bitcoiners.
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