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2621  Economy / Speculation / Re: A study in anchored bias - Speculation Topic Analysis on: August 29, 2011, 03:25:17 PM
It maybe as simple as he just wants the price to fall to a certain point so that he can get in.
2622  Economy / Speculation / Re: Bitcoin Technical Analysis on: August 28, 2011, 12:41:22 PM
Funny how your long term is always up. How long is "long term?" All we've been seeing for the past 4 months is down, down, down

4 months are you sure?
2623  Economy / Speculation / Re: Here we go again, another major price drop for bitcoins on: August 28, 2011, 12:26:41 PM

Repeat: No analyst ever has outperformed chance. Ever.


Now you made my day. I can't stop laughing. Grin



It's exactly people with such beliefs allow some analysts to outperform chance.
2624  Economy / Speculation / Re: Bitcoin Technical Analysis on: August 27, 2011, 02:27:36 PM
It happened today, see chart example



Sorry ,I quoted the wrong post, what I was saying is I didn't see the spike on Mt.Gox's own trade data UI, and I don't know from which provider you're getting that chart from. So it's possbile that the problem is with the chart provider, not Mt.Gox itself.
2625  Economy / Speculation / Re: Bitcoin Technical Analysis on: August 27, 2011, 10:51:52 AM
Here is a short term update.

Trend is up after the break above bull flag trend channel.



https://twitter.com/#!/BitcoinAnalyst


Don't see that spike on Mt.Gox's trade data price plot, could that be a problem with your chart provider?
2626  Economy / Speculation / Re: How low will it go? on: August 26, 2011, 08:18:21 PM
The lowest point is when so many miners quit that CPU mining becomes profitable again, since it's impossible, it won't fall below that point.
2627  Bitcoin / Bitcoin Discussion / Re: MtGox trades frozen? on: August 25, 2011, 09:04:04 PM
Same problem here.
2628  Economy / Speculation / Re: The Lame Train to Nowheresville on: August 24, 2011, 05:37:59 PM
You praised Lebron James, that immediately makes your whole post worthless Grin
2629  Economy / Speculation / Re: Wrong on: August 24, 2011, 10:36:19 AM
There was a small rally, as far as I am concerned, but not to 16-17 level which he said was possible, not probable or likely, he may or may not convey the exact peak point in the subscriptions, I don't know, but it seems fair enough to me. And sure, as the previous replier has pointed out, if someone can get every single one of his predictions right and make them freely available, we can officially declare that we have discovered a free crystalball.

Conclusion: OP probably needs to know how to read between the lines.
2630  Economy / Speculation / Re: Bitcoin value about to drop to...nothing.. on: August 23, 2011, 10:05:51 PM
Does OP agree that I will get NOTHING from him?
2631  Economy / Speculation / Re: wtf on: August 23, 2011, 09:57:09 PM

Yea the walls could be bogus but I haven't seen anything like that for a long time.

Well obviously that's because mtgoxlive changed the scale to be the same for BTC/USD sides of the graph. Before, even when BID side was 3 times higher than the ASK side, they displayed the same height. Now it's adjusted to reflect the actual ratio and you don't have to calculate yourself.
Thanks for the info.
2632  Economy / Speculation / Re: wtf on: August 23, 2011, 06:33:04 PM


Yea the walls could be bogus but I haven't seen anything like that for a long time.
2633  Economy / Trading Discussion / Re: Real Time Order Book with WebSockets on: August 23, 2011, 06:18:39 PM
Not working with Firefox 6, for which Websocket is enabled by default.
2634  Economy / Speculation / Re: Post here when you have no idea which way the market is going to go on: August 22, 2011, 04:05:36 PM
No market movement for  nearly an hour, maybe all traders suddenly found meaning of life and are now cherishing this uncommon tranquility. Grin

Nope, if they had found the meaning of life, the price of BTC would be 42  Grin

That is probably the total number of bitcoin traders who are living. Wink
2635  Economy / Speculation / Re: Post here when you have no idea which way the market is going to go on: August 22, 2011, 03:51:08 PM
No market movement for  nearly an hour, maybe all traders suddenly found meaning of life and are now cherishing this uncommon tranquility. Grin
2636  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 22, 2011, 02:52:45 PM
Seems that the bots are pumping up the support as well......
2637  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 22, 2011, 02:46:11 PM
While I am fairly certain that steadybot means well, by attempting to cultivate a stable market and all that, I do not think it's operator understands the unintended consequences of this strategy. By preventing price from floating up above $11.80 there is now redoubled resistance to the upside of $11.60 when it could have just as well have been a support level... Now I am seeing the upside potential unwind, leaving downside potential as the more likely proposition. If the hope is to attract investors/merchants by this strategy I would have to say at this point that it will be self-defeating. This kind of stickiness will virtually guarantee a gradual downward slide of the exchange rate over the long term... Now, if that is what steadybot intends all I have to say is "good job".





Well, in case of emergency, it would be quite easy for them to reverse the trend by removing the ask walls and buy all the 0.0* asks all the way up to somewhere like $15 anyway, unless there is a mighty short-seller working against them....
2638  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 21, 2011, 05:17:16 PM
Interesting......There are so many bot padding sell's in place, The market is essentially coiled in an upward direction:
1000 BTC to get to 11.56 as opposed to 1500 to get to 11.29

Hmmm, was thinking the bot was going to ratchet us down and was tempted to go short...might hold off for a while now instead....

Agree, or be a bit more bold and adventurous, BUY!
2639  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 21, 2011, 03:03:19 PM
Methinks we got a stability bot running, wouldn't be surprised if this was for the sake of the conference, the market can still be moved just the bot/s are set to hold it where it lands.......

If the human masters of those bots don't care about their own losses, well, then you stand no chance to fight them.

Aye, which is why I think the aim is stability, it comes at a cost, and the only thing I can tie in with that is positive pr for the conference.

It sounds ridiculous but it seems that we're close to the point where all the other possibilties are eliminated and the remianing improbability is the only truth.
2640  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 21, 2011, 11:22:14 AM
Methinks we got a stability bot running, wouldn't be surprised if this was for the sake of the conference, the market can still be moved just the bot/s are set to hold it where it lands.......

If the human masters of those bots don't care about their own losses, well, then you stand no chance to fight them.
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