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21  Economy / Speculation / Re: Bitcoin: The Downward Trend Continues on: April 12, 2014, 07:08:08 PM
Zero soon,
You have to draw the lines by hand, and make the illustration of price plummeting in the next 7d, and it has to be done in ms paint with thick red wiggly pencil line.
Please read similar threads and see how the pro trolls are doing it, you fucking amateur.
22  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 12, 2014, 07:02:14 PM
Coinbase is running a little bit higher than Bitfinex and Stamp. This is where American miners usually cash out, so this is an indication that miners aren't selling. Americans are buying. Slowly, patiently.

It could easily go lower than here. A lot lower, but I'm psychologically changed. I'm getting greedy for cheap coins. It could stay low for months or years. Good. More time to buy cheap coins.

Is this anecdotal evidence of a change in market sentiment or just me? Dunno.  Let's find out.


Whole thing based on a "murican miners sell on Coinbase", any evidence to that?
23  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2014, 11:00:37 PM
If you acted like a responsible person you wouldnt invest more than you felt comfortable loosing in a ultra high risk venture. That said, all the drama with sunk cost and market testing FUD wouldnt be so hard on you, you could just sit back and take a sneak peak once a week/month.
Another thing too, I dont take any advice from users with begging addresses, and I suggest the same to others

Dude stop taking it so personally when people think the price might go down

It's so painful watching you guys squirm
Im not taking it personally because i got no btc, im waiting to buy, but it gets on my nerve when people talk like they know shit for certain, and as a rule that kind of people always say its going down, so you got the impression that I have a problem with the price movement.
24  Economy / Speculation / Re: China banks are SHUTTING DOWN BITCOIN related accounts (translation) on: April 09, 2014, 10:30:25 PM
Oh, nice feature. Topics of ignored ones are grayed out now, Im tempted to add more people.

Do it

That's what all open-minded people do. They ignore what they don't want to hear


The boy seems to be in pain caused by the sound. Hes doing it wrong. Im enjoying selective muting, and its cauusing a mild smile(like when taking a dump).
25  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2014, 10:22:40 PM
There are many ways to manipulate a market, but the ultimate enemy of a manipulator is time. If you have the patience, price will always return to it's real value. If it doesn't return ,then by definition it's not manipulation.

What really worries me is the talk of the bulls on this thread. http://en.wikipedia.org/wiki/Sunk_costs.  The sunken cost fallacy is a real observed market phenomenon.
Most of you have not had to hold an underwater bitcoin position for years. I have. It was not a smart thing to do. It was an act of faith. How strong is your bitcoin faith? The market will test you.

Bitcoin isn't dead. Not even close, but if you don't think it's even possible to get much much worse before it gets better, then I can assure you it can. With all the talk about Gox and China, what worries me is if some other completely unrelated disaster happens before we've recovered. Bad guys don't play fair. They will kick you when you're down. They are out there. I'm intentionally being discouraging right now. It's better to get out now if you're going to get out than to hold on until you can't hold on any longer.  Bitcoin doesn't need you to go broke for the cause. Honey Badger don't care.
If you acted like a responsible person you wouldnt invest more than you felt comfortable loosing in a ultra high risk venture. That said, all the drama with sunk cost and market testing FUD wouldnt be so hard on you, you could just sit back and take a sneak peak once a week/month.
Another thing too, I dont take any advice from users with begging addresses, and I suggest the same to others
26  Economy / Speculation / Re: China banks are SHUTTING DOWN BITCOIN related accounts (translation) on: April 09, 2014, 10:09:16 PM
Oh, nice feature. Topics of ignored ones are grayed out now, Im tempted to add more people.
27  Economy / Speculation / Re: China banks are SHUTTING DOWN BITCOIN related accounts (translation) on: April 09, 2014, 09:51:27 PM
why are you replying to a well-known attention whore? 90% of this forum has him on ignore for a good reason
Thank you Sir for encouraging me to do so, I hesitated to put people on ignore.
28  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 08, 2014, 07:39:35 PM
I had a question on dogecoin.  Many people consider it a joke (large amount of coins etc.)  Is doge really a joke or legit competition?  NXT, darkcoin, zerocoin, litecoin, ethereum thoughts?
Naturally you decided to ask it in this thread, where else... right?
No.
29  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 07, 2014, 06:03:38 PM
I think you dont really understand english, and that when you get confused you just type some "read before my topic then know all" and add links you saved for fast pasting in a comment

lol "Why is it did ?"
30  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 07, 2014, 05:26:37 PM
Bitcoin is on the verge of collapse !!!
Still just on the verge?
How much longer do you think this will take?

I think the definition of verge now means "sometime in the future". When that is, nobody knows. Hence the pointlessness....  LOL

You'll find out soon.
What is soon for you?
FYI "ön a verge" is not the same as "soon"
31  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2014, 05:20:12 PM
Bitfinex passes proof of solvency audit:
https://bitcointalk.org/index.php?topic=560457.0
Sigh,  another pseudo-audit trying to fool people with a thick cloud of colorful technological smoke.

As the "auditor" admits, the exchange can easily fool him about the amount of bitcoins that it owns.   What is the point of doing that "audit", then?

Besides falsifying their BTC holdings, the exchange can falsify the other half of the "audit", too.  Suppose the exchange is short of 100,000 coins, but the owner has a cat named Tibonne and client TibonneTheCat has 100,000 BTC in its account.  The exchange creates a version of their database omitting that account.  The auditor verifies that the total of balances in that doctored database is less than the bitcoins that the exchange supposedly owns.  Using the fancy cryptographic machinery, all the other clients verify that their balances are included in the database.  So?

And the audit also did not check the sum of the MONEY balances against the exchange's bank accounts and outstanding money debts.

An "audit" is not a real audit if it checks only half of the company's books, or if it has no way to check whether the books are complete that is outside the control of the audited entity.  This "audit" fails miserably on both counts.

A potential "auditor" who is smart, honest, and mindful of his reputation should refuse to take part in such a meaningless exercise -- that will mislead clients about the safety of the exchange, and could make him an involuntary accomplice of a scam.  See Roger Ver's "audit" of MtGOX.


If you knew anything about accounting/financial audits you would know that they focus on few key points and take random checks of that points documentation. Its always possible to "fool" the auditor, but an expirienced auditor knows where to look and when something is being hidden.
32  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 07, 2014, 10:29:12 AM
I wouldnt hesitate drowning him and face consequence if I knew he'd shut up then
33  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2014, 08:33:48 AM
holy shit boys....500 BTC sell wall on BFX eaten!

Seller buys his own ask wall in one bit, to enleash bullish sentiment, puts a few small asks (20-40BTC) up afterwards that are bought from the "pigs" . Useful strategy in a low volume market when someone wants to get rid of coins.

And loses a few thousand in fees, hardly worth it really...
Im afraid fonzie is right about this, it happends, i saw it few times. Guessing some have special fee discounts, close to zero type, esp on stamp, Ive seen same amount traded back and forth several times back and forth.
34  Economy / Speculation / Re: HOW LOW WILL WE GO! on: April 07, 2014, 08:18:52 AM
again fonzie.. every new fud post.. 2 days ago is huobi closing down which is not happening.. now how low can we go.. LOL..

Have you noticed his sig?
https://www.jpmorgan.com
Maybe he's joking/pretending to be an obvious troll.
Why Fonzie, why.....?

Hey, if you´re interested in cryptocurrencies you should check out J.P.Morgan coin which will be launched soon.
It looks very promising.

http://money.cnn.com/2013/12/10/technology/bitcoin-jpmorgan/
If he makes a forum about it, promise to troll there too?
35  Economy / Speculation / Re: Vicurex freezing withdrawals. on: April 06, 2014, 08:43:00 PM
They intended to payback from fees in silence, but got in a squeeze so they had to make it public. But now they lost volume due to that and its getting more and more difficult to make up the lost coins. Its hard to tell but I wouldnt trust that they can pull it off now.
36  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 06, 2014, 08:34:36 PM
igorr aka bitcoinrus is an idiot, spamming and trolling with idiotic "URGENT NEWS" threads and polls, and I think he doesnt even have an financial agenda, I think he's really an idiot who has nothing better to do than troll. Sad.
37  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 06, 2014, 02:55:29 PM
anyone here trades on bitfinex? what is the overall experience there ? are they trustworthy ? 

they say that they are in Beta, so where are they located and do we know the owners....to be honest, I was trading Litecoin exclusively on BTC-e, but I don't feel comfortable with leaving my funds there for more than a couple of hours, I get really nervous, I missed many opportunities because of that... now I am considering to move to Bitfinex for the time being until bitstamp adds Litecoin.


I only need to trade LTC/USD and vice-versa without the need to withdraw Fiat, so do I need to be verified ?

 
You dont have to be verf for now, but I got to warn you, its really hard to make money there, huge spreads in a volatile day, esp ltc
38  Economy / Speculation / Re: LOOK! FOR THOSE WHO IS PANIC DONT WORRY GOOD NEWS.. on: April 06, 2014, 12:14:35 PM
What's worse than a bulltard? It's people like fonzie, the beartards. They jump at each and every rumours of bad publicity, trumpet them until the sheep panic sell, thus pocketing profits from these poor uninformed mass. It's people like fonzie, igorr, cosmofly and their ilk that are shorting and profitting from other people's misfortune that should be banned from bitcointalk.

I believe in cosmofly he manipulate the markets but his advise always correct. I made good profit from his advise Smiley
I thought you were the friend that did the math and called the dip coming (he later tried to clean it but it left a mark anyway).
39  Economy / Speculation / Re: Buy on weekend or Monday? on: April 06, 2014, 11:47:57 AM
There are big news in the pipeline, China will probably ban all bank transfers to chiense bitcoin exchanges next week, price will most likely plummet hard.
I dont know whose pipeline you've been checking but there is no news, most likely you need sleep
40  Economy / Speculation / Re: [Cosmopolis] Prepare for Bitcoin $266 Retest on: April 06, 2014, 11:45:04 AM

I think price maybe go up now until the next bad news from China lol
Are you sure its maybe going up?
What do you base it on? Sources pls?
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