Are you still doing these updates? I heard it was some other guy that was doing the analysis nowadays.

he probably is referring to the fact that you can buy and sell on polo without any personal information given out... i.e. only those who really really like paying taxes are going to pay the cap gains on this exchange.

mmm nope.

I think he is referring to the MA that the candle is bouncing off of in that pic.

I talked with Second market and am frankly unimpressed. Their offers take into consideration market depth so there seems to be literally no reason to go with them. The entire point of going off exchange is to avoid liquidity issues.

I remember there was a service that specialized in off exchange dealings for large buys and sells however for the life of me I can't remember it. Does anyone else know of a service like this that is based in either europe or the US?

Thanks

completely false. this is just short term thinking. in the long term its far better.. so what if the price continually goes lower again and again? It just shakes out the weak pumpers and puts it into the hands of the long term holders that can see the value in it and have the patience to ride these swings out.

its this kind of ridiculous embellishment that destroys potentially helpful, enlightening dialogue.

don't poke the bear people.

Unless its a bitcoin bear

Then point, stare, laugh and then poke 

Nice! I want to purchase one but am traveling at the moment. Is there anyway to buy one with a guaranteed shipping date so that I can pick it up on my travels somewhere?

Thanks

https://www.youtube.com/watch?v=fCVHpnixj88

Relax Guys, Monero is solid - all is well. 

also backed and funded by stripe... that might end up being quite interesting - especially as a complement to bitcoin.

I am on vaca right now in Croatia and cant access the website except when behind VPN... Anyone else had problems accessing the site from certain countries?

lol nice one

Great post I saw on bitcoinmarkets regarding historical stability that I thought people following this thread would appreciate:


Calculating Stability - Methodology
This is the layout of my spreadsheet at present:

Column A - Date
Column B - Daily bitcoin close price (from coindesk)
Column C - LN(Column B)
Column D - Variance(Column C and previous 9 days)
Column E - 1 / Column D

What does this do then? It takes the log of the price of bitcoin, then the variance of that over the last 10 days to get a measure of the % fluctuation in bitcoin's price. The higher the value, the greater the volatility in price over those 10 days. But we want stability, so we take the inverse of that.

Charts
Charting price on a log axis against stability to 23rd July gives us the following:


It's quite clear that whenever we have a strong period of stability, a noticeable increase in price isn't too far behind.

(In my original post I accidentally said I'd used a 7 day variance, not 10. This changes the magnitude, but not the pattern:

Forecasts and Interpretation
We've identified 3 spikes (A, B and C) that appear to signal a coming increase in price. This chart shows how the price reacted following each of those spikes , ,

Clearly there's a lot of variation in the level and timing of the price increase, which I've summarised in this nice little table
What to do from here?
I think I'll start updating the first chart on a regular basis showing daily stability, adding that into the daily discussion thread.

Once it looks like peak stability has been and gone I'll declare that as Day Zero, and will start tracking the price against previous days since peak stability.

No Cults
All of this is based on something occuring 3 times in a row. Please none of the "Days until bubble: Peak Stability Date + (67 or 100 days)" nonsense. This is not a guarantee that a bubble's on the way! I know it's a pattern that most of us want to see, but don't let that cloud your judgement. This is not a scientific fact, merely a pattern.

Improving the methodology?
I need to get my hands on OHLC or hourly data to improve my meaure of stability, which I believe /u/gergi[6] has supplied me with - I just need to find the time to extract that and update accordingly.

Anyway, I've given you my approach so you can all play around and see what patterns you find. Perhaps setting the variance to more or less than 10 days gives different results? Perhaps using a data source besides coindesk gives an alternative view? Go out there and see what you can uncover!

tl;dr
When we have price stability we see an increase in price shortly after. This ranges from +165% to +1610% and can take 67 to 100 days. This is based on 3 observations. A sustained price decrease has never followed stability. We are currently experiencing price stability.

http://www.reddit.com/r/BitcoinMarkets/comments/2bj278/an_analysis_of_stability_and_spikes/

In order for that some new horrible news would have to happen. If not, there is absolutely no reason to think we will stay at these relatively low levels for long.

This is what I am also interested in. When inflation starts tapering off, the price will moon.

Nope. Manipulators have been manipulating since the very beginning and it seems to me we are doing fairly well in spite of this.

In the context of price analysis, this is simply not true. Fundamentals are subjective rather than objective developments.

Good stuff thanks. It seems we can put the Dark vs Monero debate to rest. The price will follow once people realize this and the inflation for Monero tapers off.

Would be great to see a similar comparison for Monero vs Boolberry if someone is up for it.