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2041  Economy / Speculation / Re: When will my f*cking Silver be worth something? on: March 20, 2013, 01:47:56 AM
I thought the main industrial use for silver was film photography which I'm pretty sure is a dying field.

It used to be, but there are new applications now (as mentioned in previous posts).
2042  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 11:59:48 PM
Bid side getting a bit thin...

Bid sum's hovering around 8 mil... Not thin at all

Well, if it stays at 8mil while the price of BTC goes up the respectability of that 8mil goes down.  For an extreme example: If there were only 8mil in bids but 1BTC was a million dollars then all those bids would "only" by 8 BTC.

Probably not the best way to explain it, but the best I'm willing to do Smiley

Yeah, the ratio says more
2043  Bitcoin / Bitcoin Discussion / Re: mBTC: At what point should the community use this as the default unit? on: March 19, 2013, 11:57:28 PM
What is so difficult about writing 0.0000000001 BTC?

wrong on purpose?
2044  Bitcoin / Press / Re: 2013-03-19 realcleartechnology.com Bitcoin More Promising Than Ever on: March 19, 2013, 11:32:10 PM
nice summary
2045  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 11:20:37 PM
And the onslaught begins anew.
Just calmer this time please folks - I had to explain to my client that I wouldn't be charging him for today because I'd spent all day watching the Bitcoin charts!  If I don't intend to sell my coin anytime soon I should really be putting days in to recover my fiat position - so please, just chill with this exuberant trading please? Wink

I also struggle with this problem.

We should probably start a support group.

count me in
2046  Bitcoin / Project Development / Re: Automated bitcoin arbitrage on: March 19, 2013, 09:07:44 PM
Hi guys,

I wanted to share my code. It's a bitcoin arbitrage watcher and automated trade software. Written in Python:

https://github.com/maxme/bitcoin-arbitrage

Feedback and pull-requests are welcome Wink

Aw man, you mean I spent my time building my own arbi-bot (probably a whole lot crappier than yours) for nothing?
Care to explain why you are giving this away for free?  By facilitating the effort required to start arbitraging, you are diminishing your own profits... (and mine  Smiley )
2047  Economy / Speculation / Re: Wall observer observer observer on: March 19, 2013, 08:56:44 PM
but who will watch the watcherwatchers?

I think the watchers are also secretely watcherwatcherwatchers. 
2048  Economy / Speculation / Re: Wall Observer Observer - MtGoxUSD wall movement tracker tracker on: March 19, 2013, 07:21:55 PM
Seems to me both volatility and price are correlated with the number of posts.
(and I would expect sudden volatility after long period of quiet to have larger effect)
2049  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 04:31:58 PM
Yep, too far too fast, and now we've given up all those gains. Hopefully 55 will hold, but people need to calm down.

I think we ll be back at 60 in no time (couple of days max)
2050  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 04:05:31 PM
Who wants more?

You are going in for a second round of buying?

Hell, I'll bite  Grin
2051  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 04:04:04 PM
I don't actually use this to trade you know.  Smiley Twas more for comedy.

The pattern of power: Course above the 20, 20 above the 200, all pointing up. Already two green candles on M5, this is a buy signal in technical trading. So yes we can.

Yes, I am not selling anymore until we get to at least $80 (unless we hit that extremely fast), probably close to $100 before I cash out some more.

the only reason it went up is because i sold 50 coins yesterday....

Universe - You : 1-0
2052  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: March 19, 2013, 04:03:13 PM
Umm.. sorry to disturb, but:

why was it gold, that you are denominating bitcoin in? Why not silver, or stocks, or RE?
Did you read the thread title?

Yeah, I still think gold being down 6% percent isn't really collapsing, but hey, bitcoin being UP is quite the understatement  Grin
2053  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 03:55:06 PM
I don't actually use this to trade you know.  Smiley Twas more for comedy.

The pattern of power: Course above the 20, 20 above the 200, all pointing up. Already two green candles on M5, this is a buy signal in technical trading. So yes we can.

Yes, I am not selling anymore until we get to at least $80 (unless we go up extremely fast), probably close to $100 before I cash out some more.
At that point, I would have back all the fiat I put in, and still a good amount of BTCs, so carefree sailing.
2054  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 03:50:00 PM
I think this is finally the last push before we see a strong reversal and, probably, head into the teens and maybe even single digits again.  In the past as the price has gone up the total on order bid volume has increased, but this time it looks like money from bid orders was used to buy.  That suggest to me that the behind the scenes buyers are out, and now people who have put lower bids up are buying, thinking it will go higher.  Now's the time for the bears to attack.  I think the crash is going to be massive.

Rally on boys!  We have the go signal !
I repeat, we have the go !
Sooner or later that's not going to work any more.

I don't actually use this to trade you know.  Smiley Twas more for comedy.
2055  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 03:42:56 PM
I think this is finally the last push before we see a strong reversal and, probably, head into the teens and maybe even single digits again.  In the past as the price has gone up the total on order bid volume has increased, but this time it looks like money from bid orders was used to buy.  That suggest to me that the behind the scenes buyers are out, and now people who have put lower bids up are buying, thinking it will go higher.  Now's the time for the bears to attack.  I think the crash is going to be massive.

Rally on boys!  We have the go signal !
I repeat, we have the go !
2056  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 03:41:48 PM
Anyone remember when the price hadn't touched $50?
Oh right, that was yesterday Wink
Feels like ages ago.
2057  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 03:10:58 PM


THA FUCK!

My thoughts exactly !   Shocked
2058  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: March 19, 2013, 02:56:30 PM
the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, Bitcoin=5.4):

Bitcoin:  +938%

Gold:  -5%

GPL:  -33% silverbox long

Diff:  +943% advantage Bitcoin and growing


Almost time to open the champagne for 1000%
2059  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 02:14:34 PM
Where does one get the images of current bids vs. amount btc for sale? I have forgotten.

blockchained.com

Thanks!

It's amazing.  The bid USD is still above 8mil while the amount of BTC for sale has been cut cleanly in half.

I made this observation about four hours ago showing the bitcoinx.com one https://bitcointalk.org/index.php?topic=85687.msg1641307#msg1641307 (not that I'm saying you are obliged to read through the whole thread from last time you looked!) and it appears both charts look the same to me.  What I'm wondering is whether either/both go with live data or do they need to be updated - in which case how current are they does anybody know?

Its up to date, I checked for myself about an hour ago.
2060  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 02:06:36 PM
Where does one get the images of current bids vs. amount btc for sale? I have forgotten.

blockchained.com

Thanks!

It's amazing.  The bid USD is still above 8mil while the amount of BTC for sale has been cut cleanly in half.

Yup.  I like the fact that he changed his graphs so that now the bid sum /ask sum is shown too.  I had written a script in the meantime to get the data myself, but its much nicer to have the historic data in a nice graph.
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