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2641  Economy / Speculation / Re: If Mt. Gox collapses, what would be the influence on the price? on: July 17, 2013, 06:59:37 PM
Ultrashort term, bearish. When Bitstamp crosses MtGox trading volume, very bullish. Decentrialization is what's needed for long term success, but it's a painful process getting there.

I'm sorry but this is bearish all the way down.
2642  Economy / Speculation / Re: "Bitcoin Accumulation sighted" Price versus Velocity on: July 17, 2013, 06:44:07 PM
After the crash people are just trading among themselves on the exchanges - i.e. all are short term speculators.

Or nobody wants to be left holding the bag, a lot can happen in one hour in this market.
2643  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 17, 2013, 06:32:02 PM
The strong hands are accumulating, the longer we're at this point, the more likely it is we are to rise.

This is similar to what it was like at around 120, before it began rising to a high of 136.
Did you settle your debt?

Not yet, if must be nosy and know about it.

I'll take that as an indicator of how strong the "strong hands" really are, ok?

Great, now this has turned into ad hominem.

No it just was a Freudian slip.
2644  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 17, 2013, 06:29:03 PM
The strong hands are accumulating, the longer we're at this point, the more likely it is we are to rise.

This is similar to what it was like at around 120, before it began rising to a high of 136.
Did you settle your debt?

Not yet, if must be nosy and know about it.

I'll take that as an indicator of how strong the "strong hands" really are, ok?
2645  Economy / Speculation / Re: SlipperySlope's Bubble Collapse Journal on: July 17, 2013, 06:25:33 PM
Quote
Candle stick bodies are arbitrary, the can start and end at any point of the wick depending on the time you choose at the cutoff. They only have meaning in relation to other candles in the form of patterns and should not be used to derive support resistance from.
What works instead is using the weighted price or to a lesser extent the median price.

By cutting off the wicks you effectively get something like a median price because you filter out a big part of noise (the wicks) and get a trendline closer to the median (center of candle body).

That depends on how many candles you are talking about. If it is many yes they will tend towards the median price, but if they are just a few it could be anything.
It's better to just use the median price right away.
2646  Economy / Speculation / Re: SlipperySlope's Bubble Collapse Journal on: July 17, 2013, 01:31:01 PM
Candle stick bodies are arbitrary, the can start and end at any point of the wick depending on the time you choose at the cutoff. They only have meaning in relation to other candles in the form of patterns and should not be used to derive support resistance from.
What works instead is using the weighted price or to a lesser extent the median price.
2647  Bitcoin / Mining speculation / Re: More hashing power online on: July 17, 2013, 12:55:07 PM
To be honest BFL fared better than I expected them to. There should had been some major fuckup by now which hasn't really happened so it's probably fine.
2648  Bitcoin / Hardware / Re: My Batch 2 Avalon was rejected by german customs and returned back to China on: July 17, 2013, 10:50:37 AM
give us a different address, we have sent units to Germany many times without problems, but of course there is always a chance where custom do not believe this is just a engineering sample.

I see your ticket, just reply with new address and we'll try again.
These are not engineering samples, but self-contained, electronic products. It's a commercial product you are selling. Don't act stupid. This is no way to do business.

When dealing with the idiots (customs), sometimes it is the only viable route.  Roll Eyes

No, when dealing with Buerocrats (customs) it's a risky, but some times profitable way to take them for idiots. But Buerocrats hate to be taken for idiots and when the recognize the attempt they react how any human being would react, by retaliation. The best way is always to play by their rulebook, even if it is hard.
2649  Economy / Speculation / Re: It's going to blow... on: July 17, 2013, 01:20:57 AM
Everyone still looks to Gox for price advice, so I think the price is being artificially sustained.

Less and less so every day.  We now disregard the gox price at bitcoin.co.th

I beg to differ, Gox's price is regarded as THE correct price.

Bitpay disagrees with you.
2650  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 17, 2013, 12:57:15 AM
▲ mtgoxUSD    98.5500    
▲ bitstampUSD    91.7600    
▲ btceUSD    88.2050    

MtGox decoupling further.

Also BTCchina didn't even twitch. (There bigger than btc-e now)
2651  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 17, 2013, 12:55:41 AM
That means it's whale mating season.
2652  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 17, 2013, 12:46:39 AM
We're just in the early phases Adam.
2653  Economy / Speculation / Re: It's going to blow... on: July 16, 2013, 11:59:39 PM
5.  MtGox gets caught back up on USD withdrawals.

You should have probably stopped there.
2654  Economy / Speculation / Re: Yet another analyst :) on: July 15, 2013, 09:41:53 PM
Yes we all like to do that but deep down everybody expects a particular outcome.
2655  Economy / Speculation / Re: Yet another analyst :) on: July 15, 2013, 09:34:15 PM
Congratulations you've become bullish! Grin
2656  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 15, 2013, 07:49:34 PM
Haha from the looks of it half of the people who had a bid in the 90s bought in already. Grin
2657  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 15, 2013, 02:41:50 PM
https://bitcointalk.org/index.php?topic=197892.0
2658  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 15, 2013, 02:33:55 PM
Lawl bear toss.
2659  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 15, 2013, 04:20:39 AM
93.00 - cheap. I would buy.

http://www.bloomberg.com/markets/economic-calendar/


The US Treasury bonds are redeemed tomorrow, tell me what you guys think will happen to the dollar and btc / usd price if the yeild / interest rate goes up on treasuries ?


I'll tell you what, the USD will fall and the price of Btc will be higher. Might not be much but should be significant.


BUY BUY BUY

Rising rates is bullish for the dollar and bearish for risk assets.

Just wait for some ideologically blasted genius to come up with a way how the Dollar is a risk asset vs Bitcoin. Grin
2660  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 15, 2013, 03:43:27 AM
He has also a striking familiarity when it comes to facial features.
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