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2421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 12:57:49 PM
For the fellows that still have some DOGE on their wallets, there's news for you:
http://www.reddit.com/r/dogecoin/comments/2egjqg/dogecoin_core_18_released_mandatory_upgrade/

12 September is the date! Update your DOGE-wallets.

I didn't knew we can discuss here about doge or others altcoins too.
Better we keep this thread for Bitcoin discussion.
We supposed not. I think though it's significant enough for folks who own some to know. Pardon my manners if I have somehow misbehaved and broke any principles here, I humbly apologize. 
2422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 12:41:26 PM
For the fellows that still have some DOGE on their wallets, there's news for you:
http://www.reddit.com/r/dogecoin/comments/2egjqg/dogecoin_core_18_released_mandatory_upgrade/

12 September is the date! Update your DOGE-wallets.
2423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 12:33:03 PM
i was looking at bitfinex for a while and it is just absurd...

.
.
.

it's crazy...like people actually want to lose money

When people throw money at you, accept it with a smile.

I expect that nearly everyone here is a long-term bull.  I can't think of a justification for btc being in the 400's, except market malfunction.  Everything in fundamental analysis is golden.  Sentiment analysis changes everyday: moon, hell, moon, hell.  Technical analysis seems to be broken most of the time because this such an emotion-driven market.  After Dell, Global Payments, the Ebay subsidiary, etc., etc., etc., good news after good news after good news, does it make sense that btc is selling for 495 or 500?  I think no.  I stopped trading, bought a long term position and will wait for the top.

Smile, buy coins, be gracious when the price goes back up.


buy more = lose more, there is no "cheap coins", coins will always be cheaper and cheaper

are you a bot to spam bear crapp all over the forum lol ? Smiley
      
Nah, just another one who gets paid to do so. We had others in the past (still have actually)... Wink
2424  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: August 24, 2014, 09:51:49 PM

REALLY hope doge gets back up n running. I love the community and concept.
The most significant is this IMHO:

Quote
AuxPoW
Starting with block 371,337 the Dogecoin network will accept AuxPoW blocks from miners of other chains.
2425  Economy / Speculation / Re: Can I predict the value of BTC/USD? on: August 24, 2014, 07:55:52 PM
interesting thread guys, thanks
Thanks Room101, glad you like it.
2426  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2014, 07:54:25 PM
Volume is getting interesting... Is it Monday morning yet in China? Grin
2427  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2014, 02:30:41 PM
I believe we won't go anywhere but here. Price won't variate much more up or down, since the volume is insignificant. It's one of those days I guess... Undecided
2428  Economy / Speculation / Re: Can I predict the value of BTC/USD? on: August 24, 2014, 11:08:54 AM
For instance when an Ordinary Differential Equation satisfies a Lipschitz continuity(1) in the Picard & Lindeloef theorem. In this case there's a linear correlation factor between differences in initial and final conditions and this factor is M * e^(LT).
That only applies for "sufficiently small" displacements in the initial conditions.  If the state space is bounded (as in the double pendulum example), the initial displacement d must be less than R/(M * e^(LT)) where R is the domain radius.  Otherwise the d-neighborhood of the starting state will be not only stretched but also folded or rolled over itself, destroying the linear correlation.
Exactly, you have absolutely right. The thing is how small is "sufficiently small"...

Is there any evidence of any relation between future changes in price and past price history (other than the current price)?  I have tried looking for linear correlations in the case of bitcoin, but without success.  But that of course does not prove anything.

All the best, --jorge
Well; not one that I can recall or mathematically prove. What I could provide as a "proof" is that everything falls to a repetitive pattern that could very well be organized by "significant" participants. Maybe I got this thing wrong, but in complex problems, the best solutions are the simplest ones (Occam's Razor).

Thanks for your thoughts.
All the best
Costa, Greece
2429  Economy / Speculation / Re: Can I predict the value of BTC/USD? on: August 24, 2014, 10:39:17 AM
Hello people. It seems this thread is still attracting people I'm glad to see it revived...

Distinction between Chaos and Randomness

As previously stated in this thread (and elsewhere), a system can describe a [deterministic] chaos if very small differences at the initial conditions, give an outcome of enormous differences at a later time. A very common example is described by the movement of a double pendulum or at a larger scale at long term weather simulations. What we people do to form an understandable pattern, is to use rounding techniques (ie: integration) to limit possible "fallacies".

So, is our system chaotic? As it is commonly observed, we tend to describe a non chaotic system (or if you prefer a random one) easier than what it takes to describe a chaotic one. For instance when an Ordinary Differential Equation satisfies a Lipschitz continuity(1) in the Picard & Lindeloef theorem(2). In this case there's a linear correlation factor between differences in initial and final conditions and this factor is M * e^(LT). You can eliminate computations errors if L is large enough.

Summing, to state a system as non-chaotic, we need to do so for a very large L or for a non-linear correlation factor, if a global Lipschitz continuity is present. For such a "random" system we need to declare (as you very well mentioned) a probability space, which is in the essence a completely different system. Finally, there's always the possibility of mixing them and consider chaotic or unstable O.D.E.(3) with a random variable(s) as the initial conditions.  

To what category BTC/USD can be enlisted, remains as a task for the reader...

Further reading:
1. http://en.wikipedia.org/wiki/Lipschitz_continuity
2. http://en.wikipedia.org/wiki/Picard%E2%80%93Lindel%C3%B6f_theorem
3. http://en.wikipedia.org/wiki/Ordinary_differential_equation
4. http://en.wikipedia.org/wiki/Randomness
5. http://www.math.tamu.edu/~mpilant/math614/chaos_vs_random.pdf
6. http://en.wikipedia.org/wiki/Peano_existence_theorem
7. http://www.researchgate.net/post/What_is_difference_between_chaos_and_random
2430  Economy / Computer hardware / Re: [WTB]/[WTR] your obsolete mining gear (EU area). on: August 23, 2014, 10:43:08 PM
could you post some pictures please?
Will do next Monday.Uploaded! We're short of some PSUs at the moment. Don't expect a super duper facility. It's a small-to-medium farm as I wrote above.
2431  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 08:07:33 PM
is crypto done?  Huh
No, big players try to accumulate (as always)...
This is the most SNAFU story I've read today. It's in Greek, but you can figure it out anyways with GoogleTranslate.
https://translate.google.gr/translate?sl=auto&tl=en&js=y&prev=_t&hl=el&ie=UTF-8&u=http%3A%2F%2Fwww.sofokleousin.gr%2Farchives%2F185880.html%3Futm_source%3DSendloop.com%26utm_medium%3DEmail%26utm_term%3D%25CE%259D%25CF%2584%25CF%2581%25CE%25AC%25CE%25B3%25CE%25BA%25CE%25B9%253A%2520%25CE%2591%25CF%2580%26utm_content%3DSubscriber%2520%252313_2693%26utm_campaign%3D%25CE%259D%25CF%2584%25CF%2581%25CE%25AC%25CE%25B3%25CE%25BA%25CE%25B9%253A%2520%25CE%2591%25CF%2580&edit-text=&search_plus_one=form
2432  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 07:52:32 PM

Yeah, if TA worked i will be rich by now Smiley

I stopped using it when i realized that:
- future prices are unrelated to past prices
- indicators are only good a posteriori
- a single trade can break a 'trend'

+1.  Trends usually work, as long as a whale doesn't choose that moment to do whale things.

May I indulge you to read this?

https://bitcointalk.org/index.php?topic=372346
2433  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 07:44:42 PM
Hmm... looks like testing $480 again. Undecided
2434  Economy / Computer hardware / Re: [WTB]/[WTR] your obsolete mining gear (EU area). on: August 23, 2014, 12:42:26 PM
I really like this idea, and i wish this was available in the U.S.  Much success to you and your mining partners.  Awesome idea !

eoakland

Thanks eoakland! You may be able to participate into this if the shipping costs are halved between us. We are willing to take partners outside of EU, but we need to figure out ways to eliminate shipping (and customs) costs. Actually there was a thought of getting the miners from a company like https://www.megabigpower.com/ but we revised our options due to the aforementioned reasons.

PM for details if you're interested and we will see if we can work something out...

Best,
Macsga
2435  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 1. GCoin [GCN] Unique & Wide Distribution! Have Fun & Earn GCoins Without Mining on: August 23, 2014, 12:34:23 PM
Greg, I've received the coins. Thank you. Smiley
2436  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 11:29:57 AM
This is getting really boring. You must have some nerve to stare at these bot moves without being suicidal. I think I'm gonna go swimming. August sucks... (Bitcoin-wise) Wink
2437  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 10:41:21 PM
It seems we're going nowhere Sad This is not what I expected when I saw the volume earlier. Such a pity... Sad

Bigger badder boom, later.  Gives time to apply another roll of duct tape to your chair restraints  Tongue
LOL!
* macsga started duct-taping his chair...
2438  Economy / Computer hardware / Re: [WTB]/[WTR] your obsolete mining gear (EU area). on: August 22, 2014, 10:33:14 PM
- This weekend we will be installing the first two units that arrived into the farm. Every participant will have his own account (miners will be added as workers for those who provide more than 1) and he will be able to visually monitor this account with login/password. We're working for a viable solution on doing so "on demand" and not on a 24h basis as we first thought. I don't personally think that it really matters though, as the payments will be given away every 30 days. If you have any better thoughts on this, I'd love to read them.

- Another matter is the shipping costs. We're going to cover up to a logical amount for shipping the item to us, but under no circumstances we will accept an overnight courier delivery that costs 500euros! This project is NOT something that will make you millions, but will give you the ability to get something from your miners without paying the electricity costs. That's why we called it "Something from Nothing".

- Finally, there are some PMs with concerns regarding the mining pool(s) we proposed. If you have a certain preference, you just have to say so. We have no problem choosing a pool that fits your miner best.

Cheers.
Macsga.
2439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 10:20:47 PM
 It seems we're going nowhere Sad This is not what I expected when I saw the volume earlier. Such a pity... Sad
2440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:31:33 PM
There's a strong battle at the moment for the uptrend. Value goes up n down 10-15$ within seconds... Amazing.  
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