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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33066. (Read 26497126 times)

hero member
Activity: 672
Merit: 500
I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

There are WAY less flaws in science than there are in your way of thinking. I can guarantee you that.
No need to discuss it because a believer will not or refuses to understand why.

Once again, i don't care what fantasy stories you believe in but as soon as you start talking about them as if they are facts be sure to have some proof ready.
And ofcourse this is exactly where you and the millions of believer clones like you fail. All of them. All the time. Every single time!
And i'm done with the subject.
Wrong forum.
I'll respond when you have proof for your claims though. Which we know will never happen because it's all random nonsense based on wishful thinking.
legendary
Activity: 1442
Merit: 1000
Antifragile
Seems like the 110 level is a bit rough to break and hold on through.

I really dislike the timing of that Mt Gox statement, again, looking at the order book on Bitstamp makes me wonder.

How ugly is this screenshot I just took?

legendary
Activity: 1442
Merit: 1000
Antifragile
I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.
legendary
Activity: 1442
Merit: 1000
Antifragile
It should begin going down as we are near a full moon.
http://i41.tinypic.com/a9o5td.png

Where is this graph from?


Actually, including moon cycles is a standard feature in nearly every bitcoin charting service... from bitcoinity to clarkmoody. Who needs complex indicators when you've got the tide on your side?

If the moon affects behavior enough to show marketable increases in crime, then why not buying behaviors? (Ever wonder where the word "Lunatic" came from?)
I know my dream intensity increases during full moons and I've seen too many children have trouble sleeping during them, so something does look like it is being affected.

We are not just walking around on a planet, we are a part of it and the Universe we live in. Our habits are influenced by everything,... grasshopper.  Wink
(And then there is the Quantum Physics perspective if you prefer.)

More crime during full moon is a myth.
And there can be several reasons why you think you dream more intensly during full moon.


Sorry, but I studied crime in school at the bachelors and masters level. I've seen the numerous studies. The only counter argument that has any validity is that it is lighter outside during full moons, but criminals tend to like darker places...

You can comment upon anothers experiences but that is all you can do. It is quite individual. I'll go with the "primitive" peoples of the world who understand the dream world better. Speaking of, I have studied dreams for years and the correlation between full moons and dreaming is quite obvious. Now, if you practice recording dreams for 10+ years like me and you have first hand experience, then I'm all ears. But I have a feeling that most that comment, well, are just commenting.

Right, and now you are gonna back up your claims with proof right?



How about this, since this is the wall thread and I don't want to offend others outside their beliefs, you go back to yours and I'll just go back to mine...
Now most are happy.

What? No proof? Wow, now that's a surprise. Who would've guessed you'd make up an excuse as soon as the proof part comes. I certainly didn't. Because none of your kind of believers has ever done such a thing before.

Excuse the late reply, but work called.

When I was in College, a few of my teachers mentioned the correlation and said there was something to it. Now, when I look online, you are correct, at least with what I could find with crime and the moon.

The bigger thing that I am speaking of though, remains true, we are a part of the earth and not separate from it. If you think things in our environment (and even things outside it like the moon) do not effect us, it makes no sense in a quantum physics sort of a way. Too many women (in particular) feel the full moon coming on and there is the menstration correlation as well. Of course there are many other examples we see in our lives that show we are not separate from Nature, we are born from it. Just like an apple tree "apples", the earth "peoples". Allan Watts said that and we don't lose the connection...
legendary
Activity: 1148
Merit: 1018
For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now

Flawless logic right there. Grin

Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out.

Yeah, i know it's flawless logic, excuse me  Grin Grin

But a little buy pressure for at least a few days is expected, at least i expect it. Some people need cash, so they are gonna buy and sell at other exchanges.

After the two weeks i expect the price to go down again thought.

Ony speculating, but more times i'm wrong that right  Tongue

Lemme ask you something: Will you actually wire money to gox under these conditions?
If not: What kind of person do you think would?
If you don't have an answer: What do you think consists of buying "pressure"?

Seriously: I'd have no problem in sending money at Gox RIGHT NOW. I'm european, I made recently 3 consecutive 5 figures withdrawals that arrived in 2/3 days, and the best opportunities present themselves when others are panicking. I have to say that Gox never Goxxed me and always sent me my money in record time. Withdrawals that I execute take MINUTES to go from confirmed to processed, and then as I said 2/3 to receive my money. And the last withdrawal was requested 10 days ago, so no fear on my side.

If I was US based the story might be different, but being EU based I really don't give a sh*t about the recent Dwolla or International Wire Transfer problem.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I will not wire money to gox because i usually buy my bitcoins at bitcoin.de, they are more cheap Wink

The kind of person that would wire to Gox in these conditions are long term investors that just want to buy at get their bitcoins, stocks markets are about to collapse, so seems reasonable to think that someone are gonna invest long term.

Buying pressure for a few days i say, we can touch $120, but hey, maybe i'm wrong as always  Cheesy

I know we are in bear mode for now, but that news could alleviate the selling pressure, a little, i hope Tongue

But bear in mind that in these circumstances, buy pressure at Gox translates to sell pressure at other exchanges. Basically, there's not much of a good deal to be had here unless you are willing to convert your BTC to $ at Gox and trust that you'll be able to get your $$$ out at some point (or buy cheap BTC at the other exhanges).

In any case, I would suggest that Gox's now traditional aversion to communication would make me very hesitant to have anything to do with them.
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1442
Merit: 1000
Antifragile
Interesting - There is around a $5 difference between Gox and Bitstamp. (Gox being higher).
It really does look like there is buying on Gox because of the wire problem.

Looking at the the below pic and the timing of Gox's announcement, makes one wonder:

full member
Activity: 168
Merit: 100

3. Insider trading already happened. This caused the price spike in the first place.

and quite possibly the sunday dumps the two weekends before last

gotta get those multi-million dollar cashouts done before the exchange goes completely to shit and all
hero member
Activity: 728
Merit: 500
(I know it's not directed to me but in the mood for answering anyway  Grin)
Lemme ask you something: Will you actually wire money to gox under these conditions?

No effing way.

Quote from: ElectricMucus
If not: What kind of person do you think would?

Anyone who is willing to take a huge risk. Or anyone who is confident there is no risk.
Fool | mad speculator | insider.

Well there are also a few options that can invalidate the expected sudden spike theory in my own list of possibilities.

1. I underestimated the % of fools.
2. the rumours were there already one week ago, now we have the news.
3. Insider trading already happened. This caused the price spike in the first place.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now

Flawless logic right there. Grin

Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out.

Yeah, i know it's flawless logic, excuse me  Grin Grin

But a little buy pressure for at least a few days is expected, at least i expect it. Some people need cash, so they are gonna buy and sell at other exchanges.

After the two weeks i expect the price to go down again thought.

Ony speculating, but more times i'm wrong that right  Tongue

Lemme ask you something: Will you actually wire money to gox under these conditions?
If not: What kind of person do you think would?
If you don't have an answer: What do you think consists of buying "pressure"?
hero member
Activity: 728
Merit: 500
Is this really that significant? The price might bubble up a little as some speculate, but I feel this is not so major......Maybe $115 over the next couple of days?

At any moment in bitcoinland any service can suddenly vanish. No matter how big the service and no matter how reputable their owners are.
(yeah fuck you James McCarthy. Always fuck you.)

If any of these failures damaged you in the past you are likely not to trust anyone with your coins. And you are ready to pack your bags and go at the first signs of something that doesn't sound right to you.
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now

Flawless logic right there. Grin

Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out. Not let me stop you from throwing your money into a black hole.
FYI: I left gox long before this whole thing started.
hero member
Activity: 770
Merit: 501
Deposits aren't affected, only withdrawals.

For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now

ah..i overread that part of goxnews.

sr. member
Activity: 252
Merit: 250
wow 112$ already.
well somebody pushed that price up really hard.
just in time for america to wake up and rally a little bit.

Awake and not buying.  This is a trap.  Actually looking for the right spot to sell.  Double digits are coming...

The last time you said this we had a rally up to 136. Things are looking good for bitcoin.  Cool

Yup and the 5 times before that, it did exactly what I said.  Things never look good for bitcoin, that's the nature of bitcoin.   Wink

Sorry but your predictions have always been worthless and are based on nothing but your own cynical and narcissistic thoughts.

Makes no difference what they are based on, if they are accurate.  Keep living in your delusions. It's not my money.   Roll Eyes  

I suppose all the Gox/USD talk is good for bitcoin in your world.   Bizarro world, that is.  Grin
hero member
Activity: 770
Merit: 501
thanks...
so the fastest way to get your dollars out of gox is...buying bitcoins and selling them on another exchange with faster withdrawal???.
didn't we have that problem with gox withdrawals already some weeks ago?

There was a problem with SEPA withdrawals, the option to avoid a lengthy queue was to pay 2000 Yen (only about $20) and send money via an international wire transfer which is usually very quick.

Previous to this there was the Dwolla issue - that wasn't such a big deal as it was mainly used by smaller traders and anyone could still fall back on wire transfers for urgent withdrawals.

Now international wires are suspended it affects everyone including the whales.

I suspect things are going to get interesting.

This press release by MtGox doesn't inspire any confidence for the future.

The phrase 'I will believe it when I see it' springs to mind.


i don't know what to think of this.
imo at some point gox has to figure out a solid way to handle these situations in the longterm as they are still the biggest exchange and
surely want to keep that position.
gox will soon have a better trading engine but they could f**k that up quite hard if they can't get their bank account problems under control.
by comparison every other exchange right now would surrender with trading higher volumes plus struggling with ddos-attacks.
if it takes such a drastic procedure to make fiat withdrawal/deposit more solid i hope gox will really run more smoothly afterwards.
but...it's still gox being the king of goxing after all. Grin


edit: what really concerns me is the absence of cashflow of usd to gox for at least two weeks as deposits are affected in the same way as withdrawals right?
legendary
Activity: 1246
Merit: 1000
wow 112$ already.
well somebody pushed that price up really hard.
just in time for america to wake up and rally a little bit.

Awake and not buying.  This is a trap.  Actually looking for the right spot to sell.  Double digits are coming...

The last time you said this we had a rally up to 136. Things are looking good for bitcoin.  Cool

Yup and the 5 times before that, it did exactly what I said.  Things never look good for bitcoin, that's the nature of bitcoin.   Wink

Sorry but your predictions have always been worthless and are based on nothing but your own cynical and narcissistic thoughts.
legendary
Activity: 1428
Merit: 1000
Situation is:
There is currently and for the coming 2 weeks NO option to cash out on Gox .
Who is gonna sell now? Not miners or asics companies or those who need cash, only speculators who believe price will correct back. Those who have fiat on gox and are worried about the nonsensical explanation of the press release will want to buy coins and hold or sell at another exchange. Conclusion: more buying than selling will occur.

i'm sitting on gox with fiat for ages now.. why would 2 weeks make any difference? Smiley
maybe sell a bit .. to pay bills on other exchanges sure..    


Before you had a choice to withdraw ,now you are stuck to look at those figures.
Because Gox is under scrutiny by authorities, and their explanation doesn't hold the line.They are suspending USD withdrawals for 2 weeks, notice United States Dollar only,just to improve the withdrawal process. That's a pretty drastic measure for a process overhaul.
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