check my posts, i called the bottom and was ultrabullish at the time. You should put more stock in what i say
I think it would help if you could rotate your picture to the right when sideways and upside/downside when needed. It is quite graphical and easy to understand. You don't have to move now, since you say that it will go down. I need as is all the time, to ward off Jaroslaw and his minions |
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check my posts, i called the bottom and was ultrabullish at the time. You should put more stock in what i say
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At least the wall was real
"Let teachers and priests and philosophers brood over questions of reality and illusion. I know this: if life is illusion, then I am no less an illusion, and being thus, the illusion is real to me. I live, I burn with life, I love, I slay, and am content."-Conan the Barbarian, from the story Queen of the Black Coast |
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Gox's new trading engine and all of the upcoming exchanges (ex, Coinsetter) are completely unnecessary given the total volume on all current exchanges.
Prediction: 4-5 months from now, there will be at least a dozen new exchanges, most averaging about 1,000 daily volume. This "fracturing" of volume will ultimately result in lots of smaller and consequently more easily manipulable exchanges. Gox will still maintain the lead with 5,000 daily volume on the very busiest days. But, Gox too will be primed for manipulation given lower volume and depth.
Prediction 2: 1 year from now, after enough reports of manipulation and investors getting ripped off, the SEC steps in and requires exchanges to monitor and put in place restrictions to stop blatant manipulation (or at least make it much more difficult/risky). Bitcoin gradually drops in value to almost nothing as the community realizes the price is and always has been driven by whale-walls.
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This is why I've been saying Stamp isn't a real competitor to Gox. Stamp simply doesn't have the bid depth. You can't sell large quantities without causing lots of slippage.
stamps has been known to be slightly more volatile than gox  A natural consequence of laughable depth. |
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This is why I've been saying Stamp isn't a real competitor to Gox. Stamp simply doesn't have the bid depth. You can't sell large quantities without causing lots of slippage.
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It is not point less. All that has to happen for paypal to transact in bitcoin is for them to start taking the block chain transaction details in disputes.
you should like a genius and should probably be awarded something. You should like a genius? fucking retard. edited. Sorry, i am tard. |
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It is not point less. All that has to happen for paypal to transact in bitcoin is for them to start taking the block chain transaction details in disputes.
you sound like a genius and should probably be awarded something. |
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lots of lulz to follow when that bid wall falls.
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This petition is idiotic. May as well be asking for round-squares and pregnant-triangles.
Good luck.
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Why would big players move to Bitstamp? It has about 1/10th the bid depth as Gox. The "big" players cannot cashout without causing major slippage.
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this is like watching someone place bombs for a demolition.
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Since when did you become such a megabear Walsoraj? I thought you were the opposite of Jaroslaw but it turns out you're even worse lol. Anyway I see no reason for a real capitulation anymore, I really wonder what has transformed you from megabull to megabear. Both are delusional ofcourse.  I was overcome by the force of pure reason. And I sold by coins. |
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Capitulation = (1) acknowledgement of previous bubble (2) admission that bitcoin is over-priced and (3) extreme skepticism by almost everyone, including mega-bulls, that price will climb up steadily and/or a new bubble will form.
Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.
Real capitulation will come in one of two ways:
(1) very very slow ride down, lasting months or maybe years; or
(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.
Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.
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24hr volume on Gox under 6,000. lol.
Turbo-ultra-mega-bulls:
I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.
Thanks in advance.
Are you still butt hurt that you didn't load up in the drop to 60's-70's? Hope you don't miss you're chance now? Might get lucky and wait until $110 but not likely Check my post history. I was ultra-mega bullish around the lows. |
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24hr volume on Gox under 6,000. lol.
Turbo-ultra-mega-bulls:
I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.
Thanks in advance.
Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads. That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money. I am right, you are wrong. Whale office hours are whenever they choose for them to be. It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX. I think that's what I said. I dont know what you said, nor do i care. But i do know you disagreed with me and I triumphed in this argument. Thanks. |
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24hr volume on Gox under 6,000. lol.
Turbo-ultra-mega-bulls:
I'm interested in your tinfoil hat theories about the laughably low volume on weekends and/or other days when Gox is not crediting accounts with deposited fiat. Specifically, please explain in detail why/how this volume indicates genuine demand to buy bitcoins at these prices.
Thanks in advance.
Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads. That's idiotic. If at all possible, Whales would use weekend hours to their financial benefit. The only reasonable assumption is that they cannot, which naturally gives rise to the question: why? Best explanation is whale bots don't function well unless they smell new money. I am right, you are wrong. Whale office hours are whenever they choose for them to be. It is foolish to think their office hours do not change and revolve around the most profitable times. I.e., WHEN NEW MONEY FLOWS INTO GOX. |
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Gox withdrawal issues have prolonged "denial" stage many months. The net effect will be a much longer and deeper capitulation.
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