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1801  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 28, 2015, 06:25:30 PM
hang on.  Dow futures -20.

I have a question...

Everything seems to be going down (except bitcoin, but I exclude it here because it's negligibly small).

Where's the money going?
1802  Economy / Speculation / Re: Pattern Recognition 101 on: July 28, 2015, 06:16:02 PM

1803  Economy / Speculation / Re: Automated posting on: July 28, 2015, 06:09:56 PM

Why is coin horizontal. It should be vertical. No wonder BTC is stalled.

Because of the view: the buy wall would block the view of the sell wall (or vice versa)
1804  Economy / Speculation / Re: What do you expect from the halving in 2016? on: July 28, 2015, 05:57:12 PM
traders are dumping and buying 100k per day? can you point me the source of this? i don't really care about the demand and supply but only the supply so i can compare better the reduction in the "mining supply"

if it's indeeded 100k per day than ok 1800 is nothing to that lower than 2% and will cause a 4% up in demand like you said

You're looking at it the wrong way, I think. It doesn't matter how many coins are flipped by traders each day. What matters is the net demand and net supply.
1805  Economy / Speculation / Re: What do you expect from the halving in 2016? on: July 28, 2015, 02:26:58 PM
I expect exaggerated expectations.

Zoom out!

I expect a 10x price increase. It might start a couple months before and take a long time after having day to play out fully (like last time it took half a year or so). Right after having day itself I wouldn't be surprised to see a sizable dip even.



a 10x increase from current price? nah, surely not. i expect such predictions to come from newbies and other people who are not realistic. definitely not from a member as you.

I know it's a bold prediction. Predicting outcomes everyone thinks are likely is lame... We'll see...

Edit: Yes, From Current price. so 3000 USD/btc

Edit2: if my Prediction comes true, people will probably deny that it was an effect of the halfing. Like last time they will come up with explanations that make for a better sorry. Like cyprus, lol.
1806  Economy / Speculation / Re: What do you expect from the halving in 2016? on: July 28, 2015, 06:57:26 AM
If bitcoin won't be obsolete or worse by then, I expect the seller pressure to be halved soon after the block halving.
Several months after this, price should peak at 10 - 20 times the level at the moment of halving.

I hated you as a bear.  Smiley You were mostly right, though. I pretty much agree with your view about the effect of the halfing.

1807  Economy / Speculation / Re: What do you expect from the halving in 2016? on: July 28, 2015, 06:51:54 AM
I expect exaggerated expectations.

Zoom out!

I expect a 10x price increase. It might start a couple months before and take a long time after having day to play out fully (like last time it took half a year or so). Right after having day itself I wouldn't be surprised to see a sizable dip even.
1808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2015, 06:13:47 AM
Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

There's fundamentals backing up of long term bull trend:

  • fiat QE and the debt mess combined with BTC limited supply
  • useful integrated payment network (uncensorable, hidable)
  • people start to 'get that'

add some time to that mix and you'll have quotes like

Quote from: guyfromfuture on March 15th 2023 at 02:30:21 PM
damn, I wish I was one of those early adopters buying bits in 2015 at 0.0003 USD/bit

1809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2015, 07:24:40 PM
Is bitcoin connected in any means by SDR (The supposed to be New Word Currency) ?

No, but imo they should add XBT to the SDR basket instead of the renmimbi.
1810  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: July 27, 2015, 07:11:45 PM
Anschnallen, es geht upwärts!

uiui. jetzt wird's interessant.
1811  Bitcoin / Electrum / Re: Electrum server discussion thread on: July 27, 2015, 05:27:02 AM
So now I'm in the process of rebuilding the server's db because apparently mine was incorrect, it was giving the wrong hash.

But the server hangs during block import every few blocks and I have to kill and restart it.

Are you sure it hangs? Can you look at cpu and io load during the "hang"?

First time I built the db I thought it was hung a couple of time, too. But it really wasn't, just taking very long.

I ended up using a db download.
1812  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: July 26, 2015, 08:48:44 PM
Wenn wir über 310-315 bleiben dann sieht es sehr bullish aus Smiley

sehe ich genauso. 315 ist ein knackpunkt, wenn wir den packen sieht's echt gut aus.

könnte mir aber auch vorstellen, daß wir nochmal in die 270er oder sogar auf 260 runtergehen davor.
1813  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 26, 2015, 08:10:44 AM
Small blocks equal small minds.

lol, small blocks equal smart minds.   (contrary big and stupid)

Small blocks, small dicks.


Does your mom know you're staying up late and sneaking on to her laptop just to act like a jackass?

Here son, have a clue:

Quote
The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

Oh yeah? So adding complicated stuff like sidechains and lightning network is making bitcoin code smaller?
1814  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: July 26, 2015, 08:05:29 AM
mike tyson macht bald auch was mit Bitcoin. naechste woche gibt es bestimmt ne BILD meldung darueber.  Grin

https://mobile.twitter.com/MikeTyson/status/624986928690036737

CCMF  Wink

Bitcoin in BILD?

SELL!

;-)
1815  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: July 26, 2015, 08:04:40 AM
BTW:  Homeland Security was storing all the seized Bitcoins on a Trezor that they either purchased or seized from someone else!

whuuuut? how do you know this?
1816  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: July 24, 2015, 01:18:18 PM
^^charttechnik aus dem vorigen jahrtausend. funtioniert immer noch weil es menschen sind die da handeln oder die die algorithmen konzipiert haben.  Cheesy

noch so ein simples pattern, "the bull flag" (gibt's da 'ne gute deutsche Übersetzung?)


1817  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: July 24, 2015, 12:47:04 PM

Quote
France's biggest bank BNP Paribas is planning to add bitcoin to one of its currency funds, a move which will be announced in the next couple of weeks, according to a source at the bank.

If they actually do this...  Cool

depends how many they add. 1? 2?
1818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2015, 10:38:57 AM
I'm not a trader or TA fan or something.

But what about this:



yes, 2 cup & handle patterns.

I give 60% chance of the second one playing out (like the first one)
And where are gox bot now?
I dont think about 1000$ in 3 months

Haven't said anything about a target price. With "play out", I mean it will follow the pattern and "break up".
1819  Bitcoin / Bitcoin Discussion / Re: Your first bitcoins came from.. (faucets aside) on: July 24, 2015, 10:31:06 AM
localbitcoins
900 a piece

ouch!

just hold on. Friend of mine held on for 2 years before going into profit zone.
1820  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: July 24, 2015, 10:10:10 AM
^^charttechnik aus dem vorigen jahrtausend. funtioniert immer noch weil es menschen sind die da handeln oder die die algorithmen konzipiert haben.  Cheesy

jep, je einfacher das Prinzip, desto besser funktioniert's, wegen breiterer Verwendung.
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