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19281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 02:54:56 PM
I am glad I started my short yesterday. I knew this wasn't going to reach $500, most of the rise was short covering and profit taking.
19282  Economy / Services / Re: Pocket Dice Signature Campaign on: October 15, 2014, 09:07:32 PM
Wow joined yesterday and already got a payment.

Thanks!
19283  Economy / Speculation / Re: Do you need an options exchange? on: October 15, 2014, 02:44:52 PM
Who are we trading against? IS it a decentralized markets where we trade with each other or do we trade against you?

19284  Economy / Speculation / Re: Canadian Housing & Bitcoin on: October 15, 2014, 02:43:26 PM
Yes the canadian housing is severely overpriced and its a huge bubble.

What will cause the bubble to burst? and burst badly?

When the interest rates start to rise again which is due to happen sometime in 2015 when the Fed starts to increase interest rates.

Canadians have a huge debt to income ratio and even a small increase in interest rates will hurt most home owners who are underwater on their mortgage.
19285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2014, 02:41:38 PM
Actually this move downward here is due to LTC/CNY hitting major resistance around $25-26 or so.

It had very good support at this price and then it broke it badly, and now it is retesting it.

If it can break the $25 CNY then we might test $450
19286  Economy / Speculation / Re: Will I ever be rich? on: October 15, 2014, 02:39:58 PM
Depends what you define rich to be?

Most likely none of us will be rich with the bitcoins we possess.

I actually just sold some for cash around $400 or so because I am scared it will be under $200 soon
19287  Economy / Speculation / Re: Abandon BTC on: October 15, 2014, 08:06:43 AM
I think in the long term, none of the alt-coins will ever survive.

Even dogecoin or darkcoin is a long way away even from coming close to Litecoin.

And litecoin compared to bitcoin is very very weak.
19288  Economy / Speculation / Re: What will you do when BTC is 1M each on: October 15, 2014, 08:05:00 AM
I think we should hope it reaches $1000 first before it reaches $1,000,000.

Its possible but highly highly unlikely
19289  Economy / Speculation / Re: xPredict - Multi exchange Prediction Service Result on: October 15, 2014, 08:02:42 AM
This is great however all of these results are in hindsight.

I used these signal services in the past and it was very difficult to make any money. All the signals were late and when to get out was late also.

19290  Economy / Services / Re: [WTS]looking for work on: October 15, 2014, 04:48:31 AM
Do you accept escrow or do you want to get paid upfront first?

19291  Alternate cryptocurrencies / Mining (Altcoins) / Re: What is the 'best' coin to mine with CPUs? on: October 15, 2014, 04:45:38 AM
Best cpu coin right now is monero... but it won't last long as someone is developing extremely fast GPU miner for it..

XMR was good for CPU until the GPU miner came out. And then the price crashed and no longer worth the hassle mining
19292  Alternate cryptocurrencies / Mining (Altcoins) / Re: Peltier Thermo-Electric Cooler ? on: October 15, 2014, 04:44:35 AM
Honestly it looks badly designed. I wouldnt' trust it.

The fans in the GPU are good enough.
19293  Economy / Speculation / Re: I'm All In - Sold My House! on: October 15, 2014, 04:37:50 AM
I don't want to go thru all these pages, but did the OP actually reply since the orignal post and about his actual sale?

For all we know he could of taken profit a long time ago.

19294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2014, 04:36:19 AM
I am adding to my short around this area. Looks like its exhausted and might pullback.

Will cover if I see it stalling.
19295  Economy / Speculation / Re: Bearwhale - sold coins to himself? on: October 14, 2014, 08:59:29 PM
Exactly, you shouldn't look too much into this.

Trade what you see.

I made good profit on that orders because at first, price was glued to $300 on other exchanges, when price went too far from $300, I shorted and covered when it went back to $300.


Also when the $300 was about to be taken out, there was a 5% arbitrage against the other exchanges.

Bought at $300, and sold at $320 a few minutes later.


TRADE WHAT YOU SEE.

19296  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 14, 2014, 08:56:53 PM
Right now in the markets due to what is happening in Europe there is a large correction going on.

Looks like the largest correction in the last 2 years.

Watch the SP500 very closely, might be due for a large sell off soon.
19297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions. on: October 14, 2014, 04:07:04 PM
Damn I remember I had so many of those Dopecoins saved up and it all went crashing down. And now its finally rising due to CANN.

If I only held
19298  Economy / Speculation / Re: Bearwhale - sold coins to himself? on: October 14, 2014, 03:38:28 PM
That guy with the 30,000 BTC sell order was an early adopter.

If you look at the wall thread, somebody found his wallet and he has been accumulating coins from 2012-2013. He sold some every few months to take profit and I guess he got out at $300.

19299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2014, 03:31:46 PM
So far its looking good. However I am taking some profit off the table.

There is still huge resistance that we need to get past.

But this is the first time in a while that we got over the 100 DMA for most exchanges.
19300  Economy / Services / Re: FortuneJack.com Signature Campaign – Earn 0.08 BTC!!! on: October 14, 2014, 03:28:25 PM
This was a great campaign.

Thanks for the opportunity. Let me know if in the future you are still offering.

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