Wall Observer - MtGoxUSD wall movement tracker - page 668.

molecular

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Activity: 2772

Merit: 1019

Quote from: ajk on February 14, 2013, 01:30:48 PM

Quote from: molecular on February 14, 2013, 01:27:22 PM

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

The trick is to be correct more often than a coin-flip turns up heads.

I dont get this quote, are you saying that trading is pretty much just a coinflip and its impossible to accurately make the correct trading decision? ive personally have more correct decision than flipping a coin, Ive read that there are some traders out there with track records in the 90%,

Edit: traders with a higher percentage of correct decisions is usually not day trading

I'm just saying if you're correct more than 50% of the time you'll make money in the long run.

I can't even seem to achieve that (but really have no accurate measurements), so I'd be better off using a coin myself... or maybe "inverse Adam"

creativex

sr. member

Activity: 434

Merit: 250

That's the Interwebz! A massive room in which everybody inexplicable believes they're undoubtedly the smartest person.

ajk

donator

Activity: 447

Merit: 250

How to know when there are no bears in the market:

When someone makes up ridiculous hypothetical situations that will probably never happen

What if all banks failed in the US and now the dollar is worthless what about then!?!?!??!?!, Probably what will happen is people will move on and find a new form of currency

same as if there was a 51% attack that would take a year for bitcoin to come back, people would move on,

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Herodes on February 14, 2013, 02:09:21 PM

Quote from: adamstgBit on February 14, 2013, 02:08:31 PM

it all comes down to. is bitcoin useful / how useful

doesn't matter what speculation does to the price, if bitcoin is not useful its not worth anything...

if we wake up and find that we've had a 51% attack and will require a year for the blockchain to "catch up" as huge sums of double spend bitcoin start to vanish!

just how useful will bitcoin be then?

In a grumpy mood after some bad trades man ?

i need to smoke a joint man....

robocoin

sr. member

Activity: 252

Merit: 250

Quote from: ajk on February 14, 2013, 01:48:01 PM

Quote from: adamstgBit on February 14, 2013, 01:42:13 PM

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

its only lately I've been thinking price would go down when its keeps going up! up! up!

at 5$ i started this thread and was chanting 8$ 8$ 8$ ( people called me crazy ... ), i call the top 12.5 then bought back in short after only to sell at 15,I predicted we would plunge down once we rebounded to 13-14. I called bottom at ~10$ ( i traded all these calls...)

and then i had some... what seems like bad move right now, selling off as we go higher and higher.

buy your 26$ bitcoin and they will double in value next year! ... good luck with that.

Grats,

i bought in heavy at 2 dollars and have made more than 13x my money now, (made 1 call and traded all these calls)

Edit:
If the growth continues the way it does, 50 will be smashed in 1 year,

Do i think it will follow a uptrade for another year? Probably not Unless more bigger players adopt bitcoin but tomorrow is another day and who knows what can happen,

If the right hands find bitcoin 50 could happen in next 3 months let alone a year from now

I love this thread. Its all about "Y U NO" and "Me Gusta"!

Herodes

hero member

Activity: 868

Merit: 1000

Quote from: adamstgBit on February 14, 2013, 02:08:31 PM

it all comes down to. is bitcoin useful / how useful

doesn't matter what speculation does to the price, if bitcoin is not useful its not worth anything...

if we wake up and find that we've had a 51% attack and will require a year for the blockchain to "catch up" as huge sums of double spend bitcoin start to vanish!

just how useful will bitcoin be then?

In a grumpy mood after some bad trades man ?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

it all comes down to. is bitcoin useful / how useful

doesn't matter what speculation does to the price, if bitcoin is not useful its not worth anything...

if we wake up and find that we've had a 51% attack and will require a year for the blockchain to "catch up" as huge sums of double spend bitcoin start to vanish!

just how useful will bitcoin be then?

no charge backies!... but if you accept a double spent coin, and we find out about it after 4200 confirmations... its gone!

ajk

donator

Activity: 447

Merit: 250

I was talking about another big adoption, like wordpress

the right one could send this price to space

Edit:

Also who cares about the little fish, 1 serious player who can actually do something for bitcoin is what Im talking about, not someone whos going to buy and sell a couple coins, i mean some company that will take bitcoin on as a form of payment that will bring big money into the market

Hexadecibel

vip

Activity: 571

Merit: 504

I still <3 u Satoshi

The market does not explicitly need big players for the price to increase. 100,000 more modest investors of 100$ each would raise the price significantly. Big players are just playing land grab at this point.

sounds

full member

Activity: 140

Merit: 100

1221iZanNi5igK7oAA7AWmYjpsyjsRbLLZ

Quote from: lebing on February 14, 2013, 01:33:34 PM

Probably because you are fairly new here. Somewhere around page 250 or so he stopped trying to predict and just started attempting to manipulate. Either that or I just figured it out about them. Embarrassed

Yeah. You figured it out.

ajk

donator

Activity: 447

Merit: 250

Quote from: adamstgBit on February 14, 2013, 01:42:13 PM

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

its only lately I've been thinking price would go down when its keeps going up! up! up!

at 5$ i started this thread and was chanting 8$ 8$ 8$ ( people called me crazy ... ), i call the top 12.5 then bought back in short after only to sell at 15,I predicted we would plunge down once we rebounded to 13-14. I called bottom at ~10$ ( i traded all these calls...)

and then i had some... what seems like bad move right now, selling off as we go higher and higher.

buy your 26$ bitcoin and they will double in value next year! ... good luck with that.

Grats,

i bought in heavy at 2 dollars and have made more than 13x my money now, (made 1 call and traded all these calls)

Edit:
If the growth continues the way it does, 50 will be smashed in 1 year,

Do i think it will follow a uptrade for another year? Probably not Unless more bigger players adopt bitcoin but tomorrow is another day and who knows what can happen,

If the right hands find bitcoin 50 could happen in next 3 months let alone a year from now

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

its only lately I've been thinking price would go down when its keeps going up! up! up!

at 5$ i started this thread and was chanting 8$ 8$ 8$ ( people called me crazy ... ), i call the top 12.5 then bought back in short after only to sell at 15,I predicted we would plunge down once we rebounded to 13-14. I called bottom at ~10$ ( i traded all these calls...)

and then i had some... what seems like bad move right now, selling off as we go higher and higher.

buy your 26$ bitcoin and they will double in value next year! ... good luck with that.

ajk

donator

Activity: 447

Merit: 250

you can disagree with me all you want

someone who trades on a daily basis is Most Likely going to make more wrong decisions than someone who makes trades every few days or weeks,

i never said that there are not successful day traders out there, Yes there are, But who makes more mistakes? Probably someone who makes trades everyday/every hour

deeplink

hero member

Activity: 728

Merit: 500

In cryptography we trust

Quote from: 420 on February 14, 2013, 10:56:03 AM

Quote from: adamstgBit on February 14, 2013, 10:47:00 AM

Why isnt Gox going higher?

Come on we All saw it recover like a pro from that dump, we should blast off to 50 RIGHT NOW

controlled increase I guess...or a bunch of new slightly intelligent beings saw the dip and took advantage

Shit, slightly intelligent beings trading Bitcoin, now what do we do? Wink

Nemesis

sr. member

Activity: 462

Merit: 250

Quote from: ajk on February 14, 2013, 01:30:48 PM

Quote from: molecular on February 14, 2013, 01:27:22 PM

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

The trick is to be correct more often than a coin-flip turns up heads.

I dont get this quote, are you saying that trading is pretty much just a coinflip and its impossible to accurately make the correct trading decision? ive personally have more correct decision than flipping a coin, Ive read that there are some traders out there with track records in the 90%,

Edit: traders with a higher percentage of correct decisions is usually not day trading

I disagree, day trading is normal practice at hedge fund. Its all about risk management .... or manipulation in btc world.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

Probably because you are fairly new here. Somewhere around page 250 or so he stopped trying to predict and just started attempting to manipulate. Either that or I just figured it out about them. Embarrassed

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: adamstgBit on February 14, 2013, 01:07:46 PM

Quote from: ianbakewell on February 14, 2013, 12:49:43 PM

It pays until each share gets back the BTC0.1 ipo price. Then each share represents 1/400,000 of the company.

i just dont understand why owning 1/400,000 of the company, is worth anything at all... most of their shares are private, what good does it do to anyone owning a small % of a mining company and not getting any of the profits? even if they are super profitable its not like any of the share holder get anything out of that...

so why would anyone want to buy a share?

why dose any non dividend paying stock have value is what I'm asking, i guess...

http://beginnersinvest.about.com/od/dividendsdrips1/a/why-stocks-without-dividends-can-still-be-a-good-investment.htm

ajk

donator

Activity: 447

Merit: 250

Quote from: molecular on February 14, 2013, 01:27:22 PM

Quote from: ajk on February 14, 2013, 01:26:15 PM

Ive literally never read a post that was a correct trading decision coming from adam

The trick is to be correct more often than a coin-flip turns up heads.

I dont get this quote, are you saying that trading is pretty much just a coinflip and its impossible to accurately make the correct trading decision? ive personally have more correct decision than flipping a coin, Ive read that there are some traders out there with track records in the 90%,

Edit: traders with a higher percentage of correct decisions is usually not day trading

Chalkbot

legendary

Activity: 896

Merit: 1001