I want to say a bounce here, but I just don't trust things because of the sell sizes. They are growing huger by the hour... Anyone notice that? (Any of these big sellers can kill a bounce or rally in a heartbeat.) This doesn't exactly show that but still is alarming:  |
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I don't Think you know what "Long" means. That I bought most of my coins over $100 dollars and haven't sold any yet? A couple of 'sure things' for a BTC or two but overall, long. I'm very contrarian to this bear forum. I think you are getting the wrong idea about this thread, at least a lot of the people on it. There are quite a few of us here that have had a good amount of experience trading stocks. I know a few that are "bearish" are HUGE bitcoin believers. Further, some of us have paid subscriptions and are collecting data not just from what we see, but what we pay for. I know what it feels like to believe contrarian things in the face of evidence. This forum has put out a fair amount of data showing we are going down. Let's just say that I have yet to find one good indicator saying we are going up. (We might have a huge bounce, and we are still in a larger uptrend, but the short to mid term looks to be down.) I am a HUGE BTC BULL. I can't tell you how much I believe in what it represents and how it can help to change the world. But timing, is EVERYTHING. If you had any idea of the amount of information I convey to quite a few people about BTC, I think your perspective would shift. I'm sure that is true of many of the other "bears". Further, quite a few of the people I've told about BTC have either bought or are looking for an entry and further are spreading the word. Don't let this one "focal point" give you the wrong idea. Do not confuse Bearism with realism. There is no place for optimism or pessimism when analyzing data, realism is where it is at. If you want to go by what you believe, by all means do so and I'm not being sarcastic. Any of us that are currently bearish know we can be burned if the BTC turns on a dime like it can. But barring that, the direction is extremely clear. My question to you is, why aren't you listening and how are you doing your research, where is your opinion coming from, etc??? I am out to help, not to frighten or the like. edit - Just to add, I was burned a little by being overly optimistic and not looking at the data, so I know the experience. But I was quick to adapt, well, not real quick, but I adapted. Data, well, as much data as you can have on such a stock, we are well below the moving averages. We should be trading nearer to $100 and I would have to be left behind on a rally. Looking at the USD as a infinitely reproducible currency, mathematically speaking i'm better off with a useful, finite asset. However, I have only so many USD to pump into this thing before I gotta give. But yes, the majority of my trading basis is on 'belief', an emotional state which will no doubt lead me to failure. I love using moving averages, but I don't depend on them. They are more complimentary than they are primary. The 20 day EMA just went below the 100 day EMA for the first time in many many many months. That is pretty bearish (but it doesn't mean we don't break through it anyway!). What was once support is now resistance. If you are using a moving average as your main indicator, you are missing like 90% of the picture. For example, I called the last 3 moves down and I clearly listed why (and we were hugging the moving averages). Not saying I know what I am talking about, but when you have an upward move in price and a downward move in volume - it is a really really really accurate way (divergence) to predict a down move. Each time the price moved down (and violently.) I wasn't using a scare tactic - I was clearly listing why, sort of in an educational way. I mentioned many many times that the sell sizes are quite large relative to the buy sizes. That means (I think) guys like me and you without a lot of $$$ are doing the buying and guys (like early adopters or rich folk) are doing the selling. They are not attempting to hide their block sizes either (which is easy to see anyway because of the time of the sales being at the same second). When I posted above (and weeks ago) the coinorama chart - it is a nice simple indicator - more sells than buys. A bit complimentary. The bid/ask ratio chart below that is also a good indicator (complimentary) - when it goes below one it is bearish. So, collecting all of these complimentary and primary indicators are tell me the same thing. It isn't hard to see. The hard part is loving what BTC is but knowing it's not the right time to be holding it. IF you want to lower your risk, just don't cash out completely. Keep 30%, or 50% or whatever you feel comfortable with and then use the fiat to buy more if it goes lower. You cut your losses and increase your upside. You can limit your upside too, but when all the indicators are saying down, you have something substantial (and not just emotional) on your side. You may really come out on top by just holding. Actually, you probably will but the ride to point B, will be a bit rougher. (Not that this ride is smooth for me.) Good luck, IAS Thanks for the very professional, almost nurturing response. It was honestly the last thing I expected from this forum full of Polish Politicians. You're alright man and best of luck to you too. You seem to know what you are doing. How do I subscribe to members? No need to thanks (but thanks). I know what it feels like when your precious BTC is going down and others are saying we go lower. I really think it is hard to know peoples true intentions here as it is just print (no face, no voice, etc). If frozenlock or Rampion didn't make their occasional statements of believing in BTC (and you don't read the thread often enough), you could think they or me, etc. are really bears. If you want to subscribe to a service, I think this guys reports are thorough and fairly accurate. http://www.bitcoinbullbear.com/But, what is being said on the forum from a few guys is also spot on. Though the above guy goes a bit deeper using more advanced analysis (e.g. elliot wave) which I know little to nothing about. There are a few others services that I hear good things about, but they are more expensive and like I said, what is being said here is pretty spot on. Watch these sights and try to understand a little bit about what they are saying: http://bitcoin.clarkmoody.com/ http://trading.i286.org/And keep an eye on the other sites I posted above or on the page before... I think I have a fairly good grip on what I'm doing right now, but like I said before, I know I can get burned. I hope it doesn't happen as my intentions are good. The depth is manipulated as is the price. (Follow this guy and watch his videos - https://twitter.com/SirBitsALot. His tips are like a paid service and free. Oh, and watch thebitcoinchannel.com's videos of the bitcoin market. If BTC does well in the future I will use some of my very small holdings for good. I've already donated a little here and there to the community (e.g. - podcasts, Minepeon software, etc.). Hopefully like attracts like... Good luck to you too and see you at the finish line (together).  IAS |
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I don't Think you know what "Long" means. That I bought most of my coins over $100 dollars and haven't sold any yet? A couple of 'sure things' for a BTC or two but overall, long. I'm very contrarian to this bear forum. I think you are getting the wrong idea about this thread, at least a lot of the people on it. There are quite a few of us here that have had a good amount of experience trading stocks. I know a few that are "bearish" are HUGE bitcoin believers. Further, some of us have paid subscriptions and are collecting data not just from what we see, but what we pay for. I know what it feels like to believe contrarian things in the face of evidence. This forum has put out a fair amount of data showing we are going down. Let's just say that I have yet to find one good indicator saying we are going up. (We might have a huge bounce, and we are still in a larger uptrend, but the short to mid term looks to be down.) I am a HUGE BTC BULL. I can't tell you how much I believe in what it represents and how it can help to change the world. But timing, is EVERYTHING. If you had any idea of the amount of information I convey to quite a few people about BTC, I think your perspective would shift. I'm sure that is true of many of the other "bears". Further, quite a few of the people I've told about BTC have either bought or are looking for an entry and further are spreading the word. Don't let this one "focal point" give you the wrong idea. Do not confuse Bearism with realism. There is no place for optimism or pessimism when analyzing data, realism is where it is at. If you want to go by what you believe, by all means do so and I'm not being sarcastic. Any of us that are currently bearish know we can be burned if the BTC turns on a dime like it can. But barring that, the direction is extremely clear. My question to you is, why aren't you listening and how are you doing your research, where is your opinion coming from, etc??? I am out to help, not to frighten or the like. edit - Just to add, I was burned a little by being overly optimistic and not looking at the data, so I know the experience. But I was quick to adapt, well, not real quick, but I adapted. Data, well, as much data as you can have on such a stock, we are well below the moving averages. We should be trading nearer to $100 and I would have to be left behind on a rally. Looking at the USD as a infinitely reproducible currency, mathematically speaking i'm better off with a useful, finite asset. However, I have only so many USD to pump into this thing before I gotta give. But yes, the majority of my trading basis is on 'belief', an emotional state which will no doubt lead me to failure. I love using moving averages, but I don't depend on them. They are more complimentary than they are primary. The 20 day EMA just went below the 100 day EMA for the first time in many many many months. That is pretty bearish (but it doesn't mean we don't break through it anyway!). What was once support is now resistance. If you are using a moving average as your main indicator, you are missing like 90% of the picture. For example, I called the last 3 moves down and I clearly listed why (and we were hugging the moving averages). Not saying I know what I am talking about, but when you have an upward move in price and a downward move in volume - it is a really really really accurate way (divergence) to predict a down move. Each time the price moved down (and violently.) I wasn't using a scare tactic - I was clearly listing why, sort of in an educational way. I mentioned many many times that the sell sizes are quite large relative to the buy sizes. That means (I think) guys like me and you without a lot of $$$ are doing the buying and guys (like early adopters or rich folk) are doing the selling. They are not attempting to hide their block sizes either (which is easy to see anyway because of the time of the sales being at the same second). When I posted above (and weeks ago) the coinorama chart - it is a nice simple indicator - more sells than buys. A bit complimentary. The bid/ask ratio chart below that is also a good indicator (complimentary) - when it goes below one it is bearish. So, collecting all of these complimentary and primary indicators are tell me the same thing. It isn't hard to see. The hard part is loving what BTC is but knowing it's not the right time to be holding it. IF you want to lower your risk, just don't cash out completely. Keep 30%, or 50% or whatever you feel comfortable with and then use the fiat to buy more if it goes lower. You cut your losses and increase your upside. You can limit your upside too, but when all the indicators are saying down, you have something substantial (and not just emotional) on your side. You may really come out on top by just holding. Actually, you probably will but the ride to point B, will be a bit rougher. (Not that this ride is smooth for me.) Good luck, IAS |
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I don't Think you know what "Long" means. That I bought most of my coins over $100 dollars and haven't sold any yet? A couple of 'sure things' for a BTC or two but overall, long. I'm very contrarian to this bear forum. I think you are getting the wrong idea about this thread, at least a lot of the people on it. There are quite a few of us here that have had a good amount of experience trading stocks. I know a few that are "bearish" are HUGE bitcoin believers. Further, some of us have paid subscriptions and are collecting data not just from what we see, but what we pay for. I know what it feels like to believe contrarian things in the face of evidence. This forum has put out a fair amount of data showing we are going down. Let's just say that I have yet to find one good indicator saying we are going up. (We might have a huge bounce, and we are still in a larger uptrend, but the short to mid term looks to be down.) I am a HUGE BTC BULL. I can't tell you how much I believe in what it represents and how it can help to change the world. But timing, is EVERYTHING. If you had any idea of the amount of information I convey to quite a few people about BTC, I think your perspective would shift. I'm sure that is true of many of the other "bears". Further, quite a few of the people I've told about BTC have either bought or are looking for an entry and further are spreading the word. Don't let this one "focal point" give you the wrong idea. Do not confuse Bearism with realism. There is no place for optimism or pessimism when analyzing data, realism is where it is at. If you want to go by what you believe, by all means do so and I'm not being sarcastic. Any of us that are currently bearish know we can be burned if the BTC turns on a dime like it can. But barring that, the direction is extremely clear. My question to you is, why aren't you listening and how are you doing your research, where is your opinion coming from, etc??? I am out to help, not to frighten or the like. edit - Just to add, I was burned a little by being overly optimistic and not looking at the data, so I know the experience. But I was quick to adapt, well, not real quick, but I adapted. |
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Quick update on proceedings. When will the trend be broken? The price seems unaffected by what is happening in the world instead just gradually deflates. The profit takers certainly are hard at work and make good use of it.  Very nice correlation  So we'll bottom at 30~40... The continued progress of BTC's infrastructure More interest in BTC (only 11 million shares right now) - Many of the holder now will sell to lock in profits but they still believe. There will be more interest at the "bottom" is my guess, much much more... Global economic situation (Heck, the whole Global situation, not just economic) Continued manipulation of precious metals down by paper selling - forcing more seekers of wealth holdings into alternative areas. (Especially) America's treatment of the regulation and legality of BTC Etc. So, I would be very very careful about putting a number on it. But yes, around 30 to 40... |
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Goodbye, triple digits. Goodbye, 90s.
Welcome 70s soon. Oh yes, we still might bounce off of 82 but we also might just hit 70 first and violently come back up. I don't have the where with all to trade this... Why 82? Isn't the support at 80?  Look at April 15th's candle. We are splitting hairs here, though people that put buys and sells in at a certain price are looking at the same data (mostly)... |
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Goodbye, triple digits. Goodbye, 90s.
Welcome 70s soon. Oh yes, we still might bounce off of 82 but we also might just hit 70 first and violently come back up. I don't have the where with all to trade this... |
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That was a quick 2000 sell, beep beep beep on Moody...  |
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Love the new screen with the update! Big thumbs up.
Is there a way to import a historical file from the old image as we lose the historical data on the charts. Until updates are allowed, perhaps there is a work around?
Would there be a way to add some functionality like "top" or memory usage (maybe optional via drop down menu so it is optional)?
I'm a bit of a newby (Old Linux user but nothing too recent) but I can figure most things out. I imagine that a lot of total noobs are going to want to use MinePeon - it is just awesome.
So, some functionality for them, I can imagine, would be nice - things like changing the minepeon password (via the GUI, you can change the GUI password I see), hostname, backing up anything you deem to be important (e.g. - pool data), etc. Speaking of security, any recommendations? Like should we change the root password if we are behind a WLAN on a static IP (not external)?
Just trying to brainstorm.
Thanks again,
IAS
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It tells you that you have already assigned a RSH key to that address. The new key is different to this and thus the "strict checking" disables the new session. Go to your known_HOSTS file and delete it on my mac it looks like this: 192.168.1.1 ssh-rsa AAA......
10.0.0.2 ssh-rsa AAAAB3NzaC1yc.......
10.0.0.3 ssh-rsa AA.......
10.0.0.20 ssh-rsa AAAAB3Nza...... Thanks Brokk. Funny, I hadn't used VI in around 12 years or so, but I was able to remember the editing commands and remove that line from the file. (Mac e.g vi known_hosts, dd (deletes line in question), :wq (save and exit)) - Done! I hope this helps someone else as it seems every time we reinstall another image on the Raspberry Pi, we might have this happen. IAS |
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I copied the new image (new Minepeon for testing) to another sd card and got it running but can't log in using SSH (I can via the GUI and so put in my pool settings and it's working). I'm sure this isn't a big problem but can someone help with this message? (Note - I don't have a monitor, can only log in using SSH. I do still have my other image on another card though - of the older Minepeon). ssh (my ip) -l minepeon
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
@ WARNING: REMOTE HOST IDENTIFICATION HAS CHANGED! @
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
IT IS POSSIBLE THAT SOMEONE IS DOING SOMETHING NASTY!
Someone could be eavesdropping on you right now (man-in-the-middle attack)!
It is also possible that the RSA host key has just been changed.
The fingerprint for the RSA key sent by the remote host is
(says key)
Please contact your system administrator.
Add correct host key in /Users/(my name)/.ssh/known_hosts to get rid of this message.
Offending key in /Users/(my name)/.ssh/known_hosts:2
RSA host key for (my ip) has changed and you have requested strict checking.
Host key verification failed. Thanks, IAS |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. And after the buying started, I saw a wall get pulled as well. Did you see that? The buying didn't continue though... Someone wanted it too. |
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I think we have a couple of days left until MtGox says what is going to happen with USD withdrawals in the future. The USD percentage respect of the rest of BTC is astonishing, same as still is MtGox USD respect to the rest.  On the other side, the decline on volume on USD in regards to bitcoin is also incredible. We are close to pre bubble levels. What do you guys expect is going to happen in a couple days with MtGox clarification after the two weeks have passed? Heavy tectonic movements in one side or in the other?. Are we going to be Goxxed one more time in the next two days? First, your questions - I imagine some people are just going to move their money off, probably not a huge deal. For some people it is a huge deal though. If they lengthen things, then people might get pissed. Things don't look good short term, the Gox thing was just icing... Are your numbers a past average? Gox is 40% and Bitstamp at 20%! edit - Woops, I was looking at the wrong column.  |
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And the two walls are facing off... Your pick?  Below 100 is cheap coins Ahhh, I remember you. You are the guy who said "Also holding. I have my buy order in at 87. Every little helps bit helps with a down market." eheheheheh (Evil laugh)... Am I missing something? Because somebody who bought at $87 technically is in the green right now by a bit, so. I meant it is taking a big big chance to buy when we can take a dump any minute. I was close to buying at 82 on Bitstamp yesterday, but just couldn't chance it... |
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And the two walls are facing off... Your pick? Below 100 is cheap coins Ahhh, I remember you. You are the guy who said "Also holding. I have my buy order in at 87. Every little helps bit helps with a down market." eheheheheh (Evil laugh)... |
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And the Bitstamp wave is forming...  |
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And the two walls are facing off... Your pick?  |
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if i cant get my money i can sue mark kepler and mt.gox also call japanese police. Dont worry i will get my money for sure
If what you say is true, you are doing us all a bit of an injustice by not posting the email. You post it here and it makes thebitcoinchannel.com's front page. |
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Ok, we're back in the 90's. What's the consensus here? Up up and away or down below 80?
We might rally a bit here but I have the feeling it is going to be met with heavy sales. This market is tough to call. I am curious about what the volume ends up being today. I bet the volume is lower tomorrow on a move up (Another negative divergence) and then another big drop down to follow. That has happened on the last 2 bigger down moves recently. Basically, I don't trust what I am seeing (if that makes sense...) Good call (sort of). Very predictable. |
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