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1921  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 02, 2014, 08:35:58 PM
Wow, from $643 to $660 in one sec, that was a pretty big buy order. There a lot of big fish out there manipulating the market.

That one order alone pumped up the volume, the buy wall filled up quickly

And whatever nutjob did it is already $10 down on a few hundred Bitcoins with absolutely no guarantee that the buying power is there to support his 'brave' move.

It's nice to see you back, Mat. I thought you'd bailed altogether after getting whipsawed around one too many times on the way down.
1922  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 08:33:54 AM
Bitcoin's collapse will probably just be one big candle straight to 0 - not something gradual that we predict and chart out with TA. Maybe the same with the economy.



I am sure you are an excellent technical trader


Aaaaaaaaaaahahaaaaaaahhhaaa!
If only i could be bothered to dig up her completely ridiculous predictions from the last few months. She is completely clueless. All her trading is based on some weird obsessive compulsive disorder how Bitcoin will crash. She lives in a fantasy world full of doom and gloom.
We all can see how that worked out for her.


I think TERA's doing just fine.
1923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 08:16:10 AM
I can't imagine how average Joes [in China] are still brave enough to flow in with pboc's gun on the back?
I don't think that average Joe clients are under any pressure or threat.  At most they may have their bank accounts closed if they manage to use them to trade bitcoins.  If there will be penalties, they should fall only on card processors, exchanges, brokers etc..

Hm, clearly the money flow is not cut out but it isn't sufficient for why China is taking lead again.

Why China is taking the lead again, even though money flow in is more complicated than other areas?

-Chinese are real bitcoin believers?
-chinese are more greedy?
-chinese whales are special?

What else?

Maybe because China has a population of like 1 billion.  Even if a less percent of the Chinese use bitcoin, it is still a greater number than in the west.

For the educated, I wonder whether Chinese population is really bigger?

I tend to believe the main reason lies in RMB yuan. Chinese people has less confidence in their currency than other areas. Before Yuan collapses, China may inevitably take lead.

What are you suggesting? Fake volume?

Oh come on... So China is a small-populated country today. Seriously?

Yes. It's actually smaller than Belgium. Really.

Yeah... And Slovenia is the biggest country in the world.

Face. Palm.
1924  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 08:05:10 AM
I can't imagine how average Joes [in China] are still brave enough to flow in with pboc's gun on the back?
I don't think that average Joe clients are under any pressure or threat.  At most they may have their bank accounts closed if they manage to use them to trade bitcoins.  If there will be penalties, they should fall only on card processors, exchanges, brokers etc..

Hm, clearly the money flow is not cut out but it isn't sufficient for why China is taking lead again.

Why China is taking the lead again, even though money flow in is more complicated than other areas?

-Chinese are real bitcoin believers?
-chinese are more greedy?
-chinese whales are special?

What else?

Maybe because China has a population of like 1 billion.  Even if a less percent of the Chinese use bitcoin, it is still a greater number than in the west.

For the educated, I wonder whether Chinese population is really bigger?

I tend to believe the main reason lies in RMB yuan. Chinese people has less confidence in their currency than other areas. Before Yuan collapses, China may inevitably take lead.

What are you suggesting? Fake volume?

Oh come on... So China is a small-populated country today. Seriously?

Yes. It's actually smaller than Belgium. Really.
1925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2014, 07:45:38 AM
I can't imagine how average Joes [in China] are still brave enough to flow in with pboc's gun on the back?
I don't think that average Joe clients are under any pressure or threat.  At most they may have their bank accounts closed if they manage to use them to trade bitcoins.  If there will be penalties, they should fall only on card processors, exchanges, brokers etc..

Hm, clearly the money flow is not cut out but it isn't sufficient for why China is taking lead again.

Why China is taking the lead again, even though money flow in is more complicated than other areas?

-Chinese are real bitcoin believers?
-chinese are more greedy?
-chinese whales are special?

What else?

Maybe because China has a population of like 1 billion.  Even if a less percent of the Chinese use bitcoin, it is still a greater number than in the west.

For the educated, I wonder whether Chinese population is really bigger?

I tend to believe the main reason lies in RMB yuan. Chinese people has less confidence in their currency than other areas. Before Yuan collapses, China may inevitably take lead.

What are you suggesting? Fake volume?
1926  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 31, 2014, 09:44:18 PM
I did not know my interview would be placed on LBT, but it did!  Grin

http://letstalkbitcoin.com/blog/post/beyond-bitcoin-2-bas-wisselink-on-nxt

Ahh. That explains #3.
1927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 31, 2014, 09:18:58 PM
Oh man, look at coinmarketcap nxt and dark. NXT tomorrow on place 3 :-) :-)
no

edit: i'm wrong http://clip2net.com/s/idOPTM

 Cool
1928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 31, 2014, 05:08:34 PM
In the NRS State panel of the client, is # Peers the number of currently forging clients?
That would seem like a pretty good indication of adoption, along with # Accounts and Market Cap (#3 tomorrow when DRK corrects, again?)
1929  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2014, 05:03:46 PM
I wonder what effect the HODL mentality will have on volume. Everyone seems to be expecting this clockwork, 9 month peak-to-peak, order-of-magnitude rally. That suggests a self-fulfilling target at which people are more likely to sell (why sell at $2000, which might otherwise seem perfectly reasonable, if you're pretty sure we'll see $3,000 before long?)
1930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 30, 2014, 09:39:57 PM
Your balance takes ~24 hours to be fully confirmed. It's there, you can spend it, but you can't use it for forging, for example.

EDIT: I explained it badly. Take a look at forging to get a better picture.

Thanks, I know all of that already, but it is unconfirmed for several days already. That is why I got confused.

Oh. That is weird.
1931  Economy / Speculation / Re: Why are psychics bearish on bitcoin? on: May 30, 2014, 09:24:28 PM
This is a much better thread than all those trains and rockets. Shame about the idiots though.
Tera: I'm confused. You say you believe in the psychics' abilities, but your position is still long. You've made a decision to go against their opinion. How does that square?
On the unconscious mind, I'm not into drugs but I did use to work as a therapist. The stuff people's minds are capable of doing in the interests of emotional self-preservation (which for most of us means day-to-day life) is just incredible. Some of it is literally unbelievable. Most people don't know a fraction of it, and that's kind of the point. Parts of your mind protect you from yourself, and they can be remarkably creative in the process.
On or off drugs, the mind is pretty awesome and it's a lot like an iceberg, so whether you're talking about drugs or psychics or therapy or whatever, it's not smart to assume you know the reason you think even half of what you do.
1932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 30, 2014, 08:21:06 PM
Your balance takes ~24 hours to be fully confirmed. It's there, you can spend it, but you can't use it for forging, for example.

EDIT: I explained it badly. Take a look at forging to get a better picture.
1933  Economy / Services / Re: [HIRING] Bitcoin Article Writer 0.02 BTC for 1000 word Articles on: May 30, 2014, 04:38:51 PM
0.05 BTC per 1000 words, which is around $30. Considering I'll be pushing out 1000 words of high quality articles per day if everything goes to plan, that seems like a very reasonable rate to me.

For you or him?!


Both. Not sure what you're trying to say there, especially when I look at your own thread offering writing services, which starts at $40 per 1000 words. Are you trying to say he is being ripped off or me?

Totally depends on how fast you write. I'd have thought that works out a little low for you.

I can type at about 100 words per minute at my fastest. Factoring in everything like research it's actually very nice for me and still a good deal for the OP.

Then that probably works well for both of you. Good deal all round.
1934  Economy / Services / Re: [HIRING] Bitcoin Article Writer 0.02 BTC for 1000 word Articles on: May 30, 2014, 04:20:58 PM
0.05 BTC per 1000 words, which is around $30. Considering I'll be pushing out 1000 words of high quality articles per day if everything goes to plan, that seems like a very reasonable rate to me.

For you or him?!


Both. Not sure what you're trying to say there, especially when I look at your own thread offering writing services, which starts at $40 per 1000 words. Are you trying to say he is being ripped off or me?

Totally depends on how fast you write. I'd have thought that works out a little low for you.
1935  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 30, 2014, 04:06:30 PM
Support the NXT community by driving up the price through HODLing. We're almost #3.  Grin

wth is "HODling"?

The same as HOLding  Wink

NO!
Holding is a trading position.
HODLing is a lifestyle choice.

It dates back to a typo in an old bitcoin Speculation thread started by a drunk guy who was fed up of making bad trades. It's well worth a read Cheesy
1936  Economy / Services / Re: [HIRING] Bitcoin Article Writer 0.02 BTC for 1000 word Articles on: May 30, 2014, 04:03:25 PM
0.05 BTC per 1000 words, which is around $30. Considering I'll be pushing out 1000 words of high quality articles per day if everything goes to plan, that seems like a very reasonable rate to me.

For you or him?!
1937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2014, 01:32:00 PM
agreed 800 is the short term target.
If you're referring to that little cursor dot, I didn't place that intentionally.

I giggled.

Ha! I assumed that was a small moon... (cue Star Wars quotes)
1938  Economy / Services / Re: [HIRING] Bitcoin Article Writer 0.02 BTC for 1000 word Articles on: May 30, 2014, 01:25:02 PM
I have received a PM back from the OP which I have replied to, and I'm currently waiting for a response back from the OP. Hopefully this all works out well.

Good luck - I hope you get paid a sensible rate. How much was agreed in the end?
1939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 30, 2014, 01:12:33 PM
Hello

I have just installed NXT and is there somewhere to get a little free nxt to try out the client? ty

There are faucets that will give you a few, or if you post your id here some friendly folks might throw some your way Smiley
1940  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2014, 11:09:43 AM
Best thing to do right now?? wait??

Have a sandwich. It's what I'm thinking of doing.
Maybe even a coffee.
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