Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32948. (Read 26467320 times)
June 16, 2013, 10:20:20 AM
Is that an upside down bowl on his head?? How is this man wealthier than me!?
brb, selling my Jaguar and buying more silver.
June 16, 2013, 10:16:53 AM
June 16, 2013, 10:12:41 AM
With all due respect, give some facts (fundamentals with numbers) for your perspective. The bearishness around here lately does scare me, almost a contrarian indicator, but it is also based on a lot of facts.
There is one observation on which i base my statement of a bottom of 100 USD.
And that is that a lower price-point has been tested several times after the bubble crash.
And every time the bitcoin value re-bounced to above 100 USD very fast, indicating that the market will not settle for a price point below 100 USD!
It is a tough one to call, for sure. When we look at the crash of 2011, we see the correction took 5 - 6 months or so. During that time there were 2-3 weeks of support at a variety of prices.
In the current correction, we have had 4 or 5 days (not sequential) of support at 100. I would be very very careful if I were you. If this support holds for a while, then I am with you. But support
to me, is found by either/and length of time and/or volume, of which we have had neither. (Which doesn't mean it is true, but just to be careful.)
Maybe this correction will be shorter and you are correct, time will tell, but I certainly wouldn't base my position on us testing 100 5 times...
IAS
June 16, 2013, 10:01:52 AM
If you look back at the bubble crash, then it's obvious that afterwards when the price went down below 100, every time the price went back up to above 100 in a relatively short time.
This happened several times, indicating that the market will not settle for a price below 100.
This happened several times, indicating that the market will not settle for a price below 100.
The bounces were smaller every time, indicating that the market will not (yet) want to go up. This means it will go down. If it can't go up here it will go down.
This will happen:
-> a little bit more bouncing around here at these levels
-> decisive move below $100, breaking previous lows (huge triangle break)
-> fear and panic
-> $50 -> bounce -> a few weeks of hope -> down again
-> $50 -> smaller bounce -> a few days of (smaller) hope -> down again
-> $50 -> uncertainty, fear -> break -> stops triggered and n00bs panic
-> $30 -> strong bounce -> a few months hope -> down agan
-> $30 -> smaller bounce - a few weeks (smaller) hope -> down again
-> $30 -> uncertainty, fear -> break -> more stops and more panic
-> $20
-> me converting most of my Fiat to BTC
-> price goes up again, third bubble slowly beginning.
It's ridiculous to make these assertions before the weekend is out. Everyone is waiting to see if the dumper strikes again. Jury is out until Tues/Weds.
This scenario does not look ridiculus at all, although I think there will be at least one or two major bounces between here and 100. Do you seriously believe that there is a possibility that we will begin growth that will surpass the ATH wihout going below first 80? By "believe" and "possibility" I mean at least 51% chance.
June 16, 2013, 10:00:26 AM
June 16, 2013, 09:53:36 AM
Oh yeah, a rosti is one of those potato things isn't it !
Thx
yes, I like eating Rostis with bacon
June 16, 2013, 09:52:43 AM
If you look back at the bubble crash, then it's obvious that afterwards when the price went down below 100, every time the price went back up to above 100 in a relatively short time.
This happened several times, indicating that the market will not settle for a price below 100.
This happened several times, indicating that the market will not settle for a price below 100.
The bounces were smaller every time, indicating that the market will not (yet) want to go up. This means it will go down. If it can't go up here it will go down.
This will happen:
-> a little bit more bouncing around here at these levels
-> decisive move below $100, breaking previous lows (huge triangle break)
-> fear and panic
-> $50 -> bounce -> a few weeks of hope -> down again
-> $50 -> smaller bounce -> a few days of (smaller) hope -> down again
-> $50 -> uncertainty, fear -> break -> stops triggered and n00bs panic
-> $30 -> strong bounce -> a few months hope -> down agan
-> $30 -> smaller bounce - a few weeks (smaller) hope -> down again
-> $30 -> uncertainty, fear -> break -> more stops and more panic
-> $20
-> me converting most of my Fiat to BTC
-> price goes up again, third bubble slowly beginning.
It's ridiculous to make these assertions before the weekend is out. Everyone is waiting to see if the dumper strikes again. Jury is out until Tues/Weds.
June 16, 2013, 09:52:32 AM
Go away ... leave me alone ... stop ganging up on me 
June 16, 2013, 09:50:03 AM
Oh yeah, a rosti is one of those potato things isn't it !
Thx
no, that's Rösti.
We'll get there, eventually...
June 16, 2013, 09:48:57 AM
Oh yeah, a rosti is one of those potato things isn't it !
Thx
no, that's Rösti.
June 16, 2013, 09:47:36 AM
I cannot provide you with any 'solid' evidence, but if you look back through the posts, you will see that several other members claim to have attended, and that there was some trouble although they were not affected by it. So its either all true or their in on the gag too ...
Why don't you call up the hotel yourself and ask them. I think that will be the only way you will be satisfied.
His name is Rosti Pietila
Why don't you call up the hotel yourself and ask them. I think that will be the only way you will be satisfied.
His name is Rosti Pietila
Risto, not Rosti.
June 16, 2013, 09:46:27 AM
I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.
He is certainly quite an unusual character, that's for sure. But if it wasn't true, he should be writing books, not hanging around here. Sometimes life is stranger that fiction ...
Is there any evidence that meeting happened at all? And if it did did anyone else confirm any of those ridiculous stories of what happened there?
There was at least one other person posting about having attended the meeting. He said he didn't notice much of the drama, though.
June 16, 2013, 09:44:21 AM
Oh yeah, a rosti is one of those potato things isn't it !
Thx
June 16, 2013, 09:36:57 AM
June 16, 2013, 09:33:52 AM
I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.
He is certainly quite an unusual character, that's for sure. But if it wasn't true, he should be writing books, not hanging around here. Sometimes life is stranger that fiction ...
Is there any evidence that meeting happened at all? And if it did did anyone else confirm any of those ridiculous stories of what happened there?
I cannot provide you with any 'solid' evidence, but if you look back through the posts, you will see that several other members claim to have attended, and that there was some trouble although they were not affected by it. So its either all true or their in on the gag too ...
Why don't you call up the hotel yourself and ask them. I think that will be the only way you will be satisfied.
His name is Rosti Pietila
EDIT : Just read your post ... I am not saying I think he is totally sane ! But then who is ??
Stop gaslighting our supernode. I am real so this is real. If I bought bitcoins, bitcoins are real too. So that means if rpietila is sane then we will see growth in our bitcoins. $180 in 8 days people!
June 16, 2013, 09:27:13 AM
Yeah, sorry if i didn't completely understand one of his stories
i wonder how that happened. You're in good company - I am not sure I completely understand any of his stories
June 16, 2013, 09:25:57 AM
The true bear indicator is rpietila selling off some bitcoins.
I'd believe its to pay off the private mental institution holding him
Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?
One can never be entirely sure, but I don't think so
I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.
Yeah, sorry if i didn't completely understand one of his stories
i wonder how that happened. June 16, 2013, 09:22:47 AM
I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.
He is certainly quite an unusual character, that's for sure. But if it wasn't true, he should be writing books, not hanging around here. Sometimes life is stranger that fiction ...
Is there any evidence that meeting happened at all? And if it did did anyone else confirm any of those ridiculous stories of what happened there?
I cannot provide you with any 'solid' evidence, but if you look back through the posts, you will see that several other members claim to have attended, and that there was some trouble although they were not affected by it. So its either all true or their in on the gag too ...
Why don't you call up the hotel yourself and ask them. I think that will be the only way you will be satisfied.
His name is Rosti Pietila
EDIT : Just read your post ... I am not saying I think he is totally sane ! But then who is ??
June 16, 2013, 09:22:20 AM
The true bear indicator is rpietila selling off some bitcoins.
I'd believe its to pay off the private mental institution holding him
Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?
One can never be entirely sure, but I don't think so
I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.
June 16, 2013, 09:21:08 AM
The true bear indicator is rpietila selling off some bitcoins.
I'd believe its to pay off the private mental institution holding him
Hear that Rpietila!? We are coming to get you! We want our unstoppable bull train back!
Chooooo choooooo
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