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remember what i always say; if you hesitate, you're dead.
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no hootin' or hollerin' as the price grinds up. surely a bullish sign.
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a workable Android version would be cool too.
when i open the browser version it won't let me enter prices.
They have a BTC Push Monitor on Android I use anytime I'm away from my computer. never mind. found it on Android Market. It sets a push alert so the app doesn't have to be running, saving those precious Mb or ram.  that is pretty cool. too bad it doesn't have an alarm!  If should be able to set an alert for push alerts. no sound alerts... |
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a workable Android version would be cool too.
when i open the browser version it won't let me enter prices.
They have a BTC Push Monitor on Android I use anytime I'm away from my computer. never mind. found it on Android Market. It sets a push alert so the app doesn't have to be running, saving those precious Mb or ram. that is pretty cool. too bad it doesn't have an alarm! |
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a workable Android version would be cool too.
when i open the browser version it won't let me enter prices.
They have a BTC Push Monitor on Android I use anytime I'm away from my computer. never mind. found it on Android Market. |
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a workable Android version would be cool too.
when i open the browser version it won't let me enter prices.
They have a BTC Push Monitor on Android I use anytime I'm away from my computer. who's "they"? |
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my alarm just went off @ $6.5!
What was the actual BTC price when your alarm went off? if you're trying to get granular with me don't bother. i was just mucking around with it and set it off somewhere in that ramp and i just threw that post up cuz i think its a great tool.  |
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my alarm just went off @ $6.5!
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i would add that it's terribly important to keep the jackboot on the necks of Harry Reid and Lamar Smith. keep emailing, tweeting, posting, calling them and your Congress folks.
they will be back.
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Because by now we all know what's going on. i just woke up to this post and i had to smile.  |
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Quite a decent rally afterall, we broke through the 24h high which is something. I feel there is some pressure to go up. It speaks of an overall very bullish market that we're recovering so well.
this is what happens after everyone gets taken out and shot. the thread with the guy who wants to buy but can't is so typical. we are entering Wave 3 up and most here will be left behind. |
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it would be great to see your methodology.
but just offhand, when last year did the Dow start turning down? May
when did Bitcoin begin its downturn? June.
when did the Dow start turning back up? October.
when did Bitcoin make the turn? November.
That is interesting, but of course we don't have enough bitcoin history to be able to say anything with a decent level of confidence. actually it would be fair to say both bottomed in October. |
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That type of correlation has popped up and faded away several times in the past... I've made a study of it.
All totaled, it is not terribly reliable to try and base Bitcoin on the price movement of stocks.
actually i could make a theoretical case by which it would make sense that this phenomenon would occur. Bitcoin, being the small cap like high risk investment it is, would be subject to the liquidity existing in the system. afterall, it was invented to protect adopters from the devaluation shenanigans of the central banks. the Dow is also highly sensitive to this liquidity pump. as we can see, it is rallying from oversold levels and extreme pessimism in the general economy. stocks appear to have been right and debt markets appear to have been wrong since late last year. this is contrary to the classical wisdom of the last 4 years and is causing all sorts of cognitive dissonance in traders psyche. i've written about this extensively in my blog. the rise in the USD has also been a conundrum for all except those following my lead. the Dow can be thought of as the General fighting its way up the Wall of Worry with the troops (the Russell, NDX, Transports, S&P, techs, fins) all just now following its lead. why should Bitcoin be any different? as the Dow closes UP at 4pm, it might make sense for traders from other markets, including traders like us, to take its lead and pump up Bitcoin as a result. the Dow is predicting QE3 i'm sure. and so is Bitcoin. I understand the rationale. But from an empirical standpoint a correlation with stocks has not proven to be durable. it would be great to see your methodology. but just offhand, when last year did the Dow start turning down? May when did Bitcoin begin its downturn? June. when did the Dow start turning back up? October. when did Bitcoin make the turn? November. |
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That type of correlation has popped up and faded away several times in the past... I've made a study of it.
All totaled, it is not terribly reliable to try and base Bitcoin on the price movement of stocks.
actually i could make a theoretical case by which it would make sense that this phenomenon would occur. Bitcoin, being the small cap like high risk investment it is, would be subject to the liquidity existing in the system. afterall, it was invented to protect adopters from the devaluation shenanigans of the central banks. the Dow is also highly sensitive to this liquidity pump. as we can see, it is rallying from oversold levels and extreme pessimism in the general economy. stocks appear to have been right and debt markets appear to have been wrong since late last year. this is contrary to the classical wisdom of the last 4 years and is causing all sorts of cognitive dissonance in traders psyche. i've written about this extensively in my blog. the rise in the USD has also been a conundrum for all except those following my lead. the Dow can be thought of as the General fighting its way up the Wall of Worry with the troops (the Russell, NDX, Transports, S&P, techs, fins) all just now following its lead. why should Bitcoin be any different? as the Dow closes UP at 4pm, it might make sense for traders from other markets, including traders like us, to take its lead and pump up Bitcoin as a result. the Dow is predicting QE3 i'm sure. and so is Bitcoin. |
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i'll be d*mned. they got back from the Pub early.
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There is a mini-rally going on right now.
well, i did say small. i forgot to say that it takes them a few minutes to roll their computers over to the Bitcoin room. |
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*Calls the bears to the fight.*
beers or bears? |
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maybe they all decided to go get a beer instead?
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