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16501  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 09:15:05 PM
Arg, can't post a screen from here.. someone please?

just look above their like 5 mins old...
16502  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 09:07:31 PM

bids are growing fast!
ask wall at 13 will get eaten b4 the day is done.

Roll Eyes maybe i was wrong
16503  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 08:55:04 PM
omg 5 cents away from 13

GO GO GO!

 Cheesy
16504  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 08:07:22 PM
 Roll Eyes
buy low, sell lower?
16505  Bitcoin / Bitcoin Discussion / Re: I guess the ignorant are gona hate. (bersachat.com sucks) on: October 03, 2012, 06:52:59 PM
I told my sister about bitcoin, reply "its not papery enough!" sigh. Undecided

yes, I've heard " it will never work, because everyone loves the look and feel of CASH in their hand "

16506  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 06:25:46 AM
I think that 5000 ask wall can disappear at any time

i think there's plenty more where that came from

I think we are going to go up to around $13.50-$14.50 and then crash back to $10's

i think betting on 10 is better then betting on 14.50...

14.50 is likely
10 is for-sure
16507  Economy / Speculation / Re: Time projection of the last wave before next crash on: October 03, 2012, 06:05:05 AM
soooo... your thinking up?  ....561.8%... then we crash Huh

please make these post easy to understand ex.  " up up then down... then up some more.. and then down again! "  Cheesy
16508  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 05:47:29 AM
I think that 5000 ask wall can disappear at any time

i think there's plenty more where that came from
16509  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 05:28:08 AM

you'll see
you knocked on the bears door, that's what you did.
price will fall well below 12$. the block reward halfing will have no effect on price, and then people will panic  Tongue

Alright then, well the bet is up now

http://betsofbitco.in/item?id=725

i would... but i have no bitcoin handy  Cheesy
16510  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 04:11:01 AM
This can't be happening again guys... we are going to end up repeating August.

with the crazy dump and everything. ya, that's the plan!
16511  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 03, 2012, 03:15:58 AM
I sold at 12.878....
Time for the rally.
Roll Eyes

if it drop down to 9.75 will you think about buying them back?
16512  Economy / Speculation / Re: Why is the the Canadian exchange almost a dollar differance from the US? on: October 02, 2012, 11:17:36 PM
I'd say Virtex is mostly always in line with mt-gox price

when mtgox has a big move, it sometimes takes Virtex a few hours to correct itself

1000CAD -> to exchange = 994CAD
BUY  987.54CAD -> BTC = 83.12BTC after fees
SELL on mtgox 83.12BTC -> 1034.12USD after fees

1034.12USD converted to CAD through bank is 995.24 CAD
This doesn't include any fees for transferring money from exchange to your bank.

*This is just from a quick glance at both exchanges, not 100% accurate.


Arbitrage is almost never worth it.

best thing to do is buy stuff with them... since everyone use mtgox's higher rate to value the coins.
16513  Economy / Speculation / Re: Are we in another bubble? on: October 02, 2012, 09:45:41 PM
It makes sense that there is a lot of speculation with the hash rate change and ASIC's coming out.

There are 7,200 BTC issued per day (well, until around Nov 30th, then 3,600 BTC issued per day) -- regardless of the amount of mining (with the exception of the few days until difficulty adjusts for any rise or fall).

Why would the hash rate and ASICs coming out affect the Bitcoin exchange rate?

it wont. not really

what will happen is all the miners that held off selling for the reward drop, will panic sell when they see the reward halfing had little effect on price + mining with the new ASICs is going to be barely profitable, that's one more reason to sell off the horde.

how much coins have been mined for hording?
i think half of all coins is not a bad guess... that's 5million coins.... HELLO!

supply with literally double over night.

The Plunge! its coming... are you ready   Cool

I also agree that we will see a massive Bitcoin dump. But when? That is anybody's guess. It might happen now or it might happen once the price shoots through the roof. And one more thing, if the dump happens later, then the price after the dump might still be higher than current prices. So, my suggestion would be: SPECULATE.

i am speculating... i still have more then half of my coins. Wink
16514  Economy / Speculation / Re: Are we in another bubble? on: October 02, 2012, 09:22:20 PM
It makes sense that there is a lot of speculation with the hash rate change and ASIC's coming out.

There are 7,200 BTC issued per day (well, until around Nov 30th, then 3,600 BTC issued per day) -- regardless of the amount of mining (with the exception of the few days until difficulty adjusts for any rise or fall).

Why would the hash rate and ASICs coming out affect the Bitcoin exchange rate?

it wont. not really

what will happen is all the miners that held off selling for the reward drop, will panic sell when they see the reward halfing had little effect on price + mining with the new ASICs is going to be barely profitable, that's one more reason to sell off the horde.

how much coins have been mined for hording?
i think half of all coins is not a bad guess... that's 5million coins.... HELLO!

supply with literally double over night.

The Plunge! its coming... are you ready   Cool
16515  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 02, 2012, 08:54:19 PM

you'll see
you knocked on the bears door, that's what you did.
price will fall well below 12$. the block reward halfing will have no effect on price, and then people will panic  Tongue
16516  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 02, 2012, 06:56:24 PM
i still think its going down  Cheesy
16517  Other / Beginners & Help / Re: Videos that make you wana buy bitcoin on: October 02, 2012, 07:11:14 AM
http://www.youtube.com/watch?v=lyIoskufs9E&feature=g-vrec
16518  Other / Beginners & Help / Re: Videos that make you wana buy bitcoin on: October 02, 2012, 06:47:12 AM
http://www.youtube.com/watch?NR=1&feature=endscreen&v=yRX3fUwUtIE
16519  Other / Beginners & Help / Videos that make you wana buy bitcoin on: October 02, 2012, 06:46:25 AM
post videos not directly related to bitcoin that make you want to buy more bitcoin.
16520  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 02, 2012, 05:42:45 AM
 Roll Eyes

oh shit!
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