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221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2014, 09:19:01 PM
I question whether it would be o.k....

What does this ok mean exactly?



Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context. 

Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful.

If I misunderstood you, then let me know, and we can start over..

Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-)

I did not understand the meaning of your statement, so I would be very pleased if you could deepen it.

222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2014, 08:46:05 PM
I question whether it would be o.k....

What does this ok mean exactly?
223  Economy / Speculation / Re: Geez! You know this chart, guys?! on: August 14, 2014, 04:29:44 PM
the time between the 300 and the 1300 is shorter than the time between 1300 and now.

in other words, the long period after the 'death' should already be past us.
Bingo.

I'll add this for some perspective:



All of this has happened before. All of it will happen again. And again. And again until nation-state fiat scrip no longer exists.

Are you going to make competition to "The Anatomy of a Bubble" Chart by posting your chart in a inflationary manner? No matter in which thread I'm reading I find your chart. We all have seen it! It's ok. There were a lot of other people, which had recognized the pattern similarities before. Please stop posting it!
224  Economy / Speculation / Re: Analysis never ends on: August 14, 2014, 02:15:18 PM
I feel 400 will be start of something not good

My personal Maya doomster (jailed in my basement) is saying something similar. When begging him to precise his prophesy he's only muttering something inarticulately. Maybe you could precise yourself. Give us some scenarios, some numbers, something that is not so murky.

225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2014, 01:43:50 PM
Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.

The more ppl speak like you (and the less they speak like me  Cheesy) the better, because that much closer to the bottom we are.

But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.

It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.

Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.

The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.




Is this Catherine the Great?
226  Economy / Speculation / Re: Everyone is panic selling their BTC on: August 14, 2014, 01:40:06 PM
Op thinks that everyone is panic selling, but I'm not.
I don't have any bitcoin to sell, this is the reason... I think that the price will drop to $400 in few days.

Likely. Bullish fever has not cooled down at all. But the more this assumptions are coming up I would interpret it as contrarian indicator. Meanwhile far away from being a contrarian. I would think we will bounce a while around between 480 - 550, before the last bullish fever will be cured by a capitulation.
227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 05:15:54 PM
@ fonsie

better cut loose at the top of the next bulltrap 560-580$

Stop denying, Bitcoin is going to 200$

 Cheesy Cheesy Cheesy Cheesy

Oh, you changed the sides, again. Some funny times are coming. I like bear trolls more than the bull trolls. They are funny and quite amusing. The bull trolls are always very serious and sensible.
228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 04:41:49 PM
so who sold at 525 ? hope u learned ur lesson  Grin

you will think he is smart soon, just like the one sold at $1200 $1000 $900 $800 $700 $600 ..

Recognizing this false pattern in logic is why bear trolls are one step ahead bull trolls in the current market situation. Maybe you are very smart troll, who grasps when paradigm changes.

(I know, to fulfill your obligation as a bear troll you will response me, that paradigm will never change until we hit zero)
229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 04:19:58 PM
If we break into $400s this could trigger a lot of weak hands and we might just see $300 range coins again. If be a happy happy buying fool @$350-$399

At least 440,00 - 400,00 now is very likely, maybe lower. I guess market will initiate a bull run, when most people (fore-)see it crashing throw former ATHs and this become-a-millionaire-in-21-days fever has cooled down.
230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 02:35:28 PM
so who sold at 525 ? hope u learned ur lesson  Grin

So potential for more downward movement is exhausted at all and the old mantra of: "There is only one direction: up" is starting again?
231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 01:57:28 PM
Well at least you aren't so caught up with arrogance that you won't admit to the possibilities.
Anything is possible my friend - I personally back freedom... Bitcoin means a lot to me - more than just money in my pocket

I'm invested in Bitcoin, with a decent amount of money, beeing prepared to lose it in worst case scenarios. So I admit a lot of possibilities.
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 01:10:54 PM
Being an ecomist does not qualify me to make valid judgements about the bitcoin future. In some cases even high qualified economists fail to make valid conclusions regarding very young and volatile markets:

http://www.handelsblatt.com/unternehmen/banken/commerzbank-chefvolkswirt-bitcoins-haben-auf-dauer-keine-chance/9118802.html

Commerzbank? Srsly? You got a PhD in clownsian economics too? Smiley


No matter what you study, one thing is important: you have to read attentively to not to misunderstand and build up false conclusions on this.
233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 12:42:26 PM
no more bubbles. but stable and constant growth.... and I wish that will happen, so most of the greedy bastards here will learn a lesson.

A stable and constant growth is only possible in short to mid term times spaces. The fundamentals of the bitcoin economy can not handle this kind of growth. A strong bear market, going down to low 300's - possible. A stronger bear market , going down to 100's - possible. A stable and constant growth over several years - no.

Thank you for the astute analysis - please... have a seat and enjoy a nice tall glass of stfu - you are whats wrong with BTC - plzlearn2economics
.

Why so upset?

I studied economics (Volkswirtschaft). Well, I could tell you that I'm Julio Iglesias, too. But however. A stable and constant growth is not possible - just my point of view. No reason to freak out ;-)

In the off chance that you are economic studying Julio Iglesias - your knowledge has indoctrinated you in a world you cannot move past - I know a lot of 'educated' people who fail to see a HUGE paradigm shift.

But I also saw that when I tried to explain to an elderly man that the post office would take a back seat to email and he told me I was speaking 'rubbish'

You can't stop technology - and good luck trying to block the truth - Bitcoin is our only chance to have TRUTH in an otherwise nebulous money society.  

I'm not saying that bitcoin will fail or is forced to fall back to the 100's. But it could. Being aware of the risks of a very, very young market let me see downward movements with composure. I doubt that bitcoin could growth in a harmonic way, since it's not the way in which young markets are growing.

Being an ecomist does not qualify me to make valid judgements about the bitcoin future. In some cases even high qualified economists fail to make valid conclusions regarding very young and volatile markets:

http://www.handelsblatt.com/unternehmen/banken/commerzbank-chefvolkswirt-bitcoins-haben-auf-dauer-keine-chance/9118802.html
234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 12:15:05 PM
no more bubbles. but stable and constant growth.... and I wish that will happen, so most of the greedy bastards here will learn a lesson.

A stable and constant growth is only possible in short to mid term times spaces. The fundamentals of the bitcoin economy can not handle this kind of growth. A strong bear market, going down to low 300's - possible. A stronger bear market , going down to 100's - possible. A stable and constant growth over several years - no.

Thank you for the astute analysis - please... have a seat and enjoy a nice tall glass of stfu - you are whats wrong with BTC - plzlearn2economics
.

Why so upset?

I studied economics (Volkswirtschaft). Well, I could tell you that I'm Julio Iglesias, too. But however. A stable and constant growth is not possible - just my point of view. No reason to freak out ;-)
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 12:06:26 PM
no more bubbles. but stable and constant growth.... and I wish that will happen, so most of the greedy bastards here will learn a lesson.

A stable and constant growth is only possible in short to mid term times spaces. The fundamentals of the bitcoin economy can not handle this kind of growth. A strong bear market, going down to low 300's - possible. A stronger bear market , going down to 100's - possible. A stable and constant growth over several years - no.
236  Economy / Speculation / Re: Analysis never ends on: August 12, 2014, 06:34:53 PM
We should really define what is a dramatic sell off. Is it that weeny kind of sell off, meaning 560 - 500. A capitulation sell off, meaning 440 - 275, or a cataclysm going back to ancient trend line in the 100's.

Dramatic Sell offs regarding bitcointalk-dramaqueen is even starting with 20.00$ dumps.
237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2014, 02:53:09 PM
I don't believe in charts or past trends. I just have a "gut feel" that price will go up in long term. Holding until it goes below $400 or above $700. Will buy more below $400; sell some when above $700.

Are you not worried by the crash at all? I mean I'm quite impressed if you're not, but I think it's at least somewhat worrying in these difficult times, after all. No one knows which way it'll go eventually...

Worrying about price dumps on high risk investments is like trying to learn to swim in sharks territory.
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2014, 12:58:45 PM
Anyone noticed that the value of Bitcoin has risen quite a lot the last half year, regardless the price of bitcoin?

Whoa what do you mean by that? The price is the measure of how valuable a Bitcoin is, isn't it? I don't seem to be getting what you're trying to say here. Please enlighten us, man Cheesy

The utility of bitcoin is the sum of the benefits derived from its applications by its users.

The value of bitcoin is the size of its transactional economy over a given period.

The price of bitcoin is wherever the market happens to clear.

Only in the case of perfectly rational actors under perfectly efficient condtions will these three coincide.

I don't agree, this is just delusional stuff you are talking, a value of a bitcoin is exactly what it can be exchanged for (in terms of goods and services) compared to what can a dollar (or gold, Euro, Yen...) be exchanged for.

This is more a philosophical question. You are both correct.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 12, 2014, 12:37:07 PM
The tipping point is near. The world economy is horribly mismanaged, up to 95% of people are doing nonproductive work (productive work is such that would still be done even when people like me are in control, or that you as a private person would contract someone to do - everything else is up to 99% just waste that is produced to keep people busy from realizing their wretched condition).

Productive work is work that people would even do when there's nothing to do and they would not be forced to sell their effort for next to nothing. I like your statement, even though I don't like the religious aspect.

So, where to begin grasping the world domination? ;-)
240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 03:34:43 PM
Massive dump on Stamp, panic everyone! Which exchange started it, does anyone know? Wow what a sad beginning for this week, in which so many people put their hopes and dreams in!

Yes. Bitcoin is actually in a period of massive pump & dump, this rollercoaster is making me sick.

I would prefer a chart that looks like the surface of a neutron star.
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