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2681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2015, 05:59:15 PM
Here we go !

Triangle is about to break

Prediction : Small break downwards to a low 470 then a jump over 500.

Small break downwards to a low 470 CHECK

here comes that jump over 500  Grin Grin Grin


seems like bitcoin is going nowhere but down Undecided

see you guys back in the 200s Cool
i'm targeting 420$



I see $440 on this correction lol.



440 is initial support and seeing how we went 100$ up in <24hours, i don't think this support level will hold.

i voted 380 in the poll

Decreasing volume on red candles, increasing volume on green candles. I'm not an expert at TA, but even I know what that means.
2682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 06:20:32 PM
Is it time for hookers and blow yet?
2683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 02:33:15 PM
Hey Tamari, go long (;

I really am worried for Tamari... does any one know if he has jumped off a cliff yet or something of the sort? I really hope not, but with all the financial loss he's acquired, I wouldn't doubt it at all.

He may not have the money to travel to a cliff anymore.

2684  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2015, 02:06:54 PM
It's so tempting. Taking a nice profit now would be the rational thing to do. But we may be dealing with something irrational.
2685  Economy / Speculation / Re: Analysis never ends on: November 03, 2015, 01:57:51 PM
My plan kind of went out the window when we blasted through $360. My only plan now is to hold on tight.
2686  Economy / Speculation / Re: I am happy we are going up, but it is going too fast. Hope it slows down. on: November 03, 2015, 01:37:06 PM
There is some evidence that bitcoin was trading below fair market value for a while. This may just be a violent, upward correction.
2687  Economy / Speculation / Re: VERY interesting insight: The November 2013 price explosion day-to-day on: November 02, 2015, 08:07:23 PM
Never know how the btc price could reach in this month but i don't think that history can repeat itself the same way.
The situation between November 2013 & November 2015 is kinda different: the number of traders/volume...


The exchange and general on ramp situation is much improved compared to 2013. There hasn't been anything approaching the level of demand there was back then with the range of options there are now. By the nature of how tiny it still is and how much growing it has yet to do, every single upsurge of demand will take on a very different form. Who knows how it would look if there was another full on explosion.

That's true. It was a complete pain in the ass to transfer money to and from exchanges back then. It's very easy now, especially with nearly one-click and done solutions like coinbase.
2688  Economy / Computer hardware / [WTB] Antminer S7 $100 coupon on: October 21, 2015, 08:43:10 PM
I know a lot of these (or all?) expired 10/12, but if anyone still has a valid one, let me know.
2689  Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals) on: October 21, 2015, 07:03:14 PM
Overly optimistic in my view. We cant' even stay at 270 right now. The past is no indication in bitcoin. Remember that the past 24 month long bear period has broken new grounds. Too many people bought in at $1000+. If and when we reach $1000, they will dump their bitcoins, we will go right back down to 200.

No. When the price reach $1000, most of the people would think that their long awaited target reached and start to sell that may pull back some 10% to 20%. Usually we say that profit booking. A profit booking never drag back to the origin. But the new money in flow will make it to pass $1000 again.
 
  
I can't imagine how awful it's going to be for the responsible ones who sell a significant portion or all of their coins at $1000 or even $2000.  Who knows where the top of the next movement is?

I was a bitcoin GPU miner back in 2011. I watched as the price hit an all time high of ~$31 that summer, then collapsed. I sold everything when bitcoin was in the low 30s in early 2013, thinking it couldn't possibly get much higher than the previous ATH. Within a matter of months, of course, the price was ~$1,200.

I'm not making the same mistake again.
2690  Economy / Speculation / Re: Nights Watch by Afrikoin on: October 14, 2015, 02:38:03 PM
Interesting interview
2691  Bitcoin / Bitcoin Discussion / Re: BIP100, BIP 101 and XT nodes status on: August 27, 2015, 06:48:28 PM
Bobby Lee (BTCChina) announced they will be supporting BIP100 and explains why
https://vip.btcchina.com/page/noticetemplate?id=100
That is very interesting, and their arguments are compelling. I support BIP100 over BIP101 because of the 32MEG limit within BIP100. However if that 32MEG limit also exists within Bitcoin XT and or BIP101. For me this would actually change my opinion in support of BIP100. Since I do think that the miners are the people that are best incentivised to do what is best for Bitcoin. I certiainly do trust proof of work more then I do any development team. lol

Can anyone here with a deeper technicall understanding confirm that even if the network forked to XT that this 32MEG limit would still be in place? Since that was the only reoson why I prefered BIP101 compared to BIP100.

I have one more concern however, which is that no client that I can download now has BIP100 implemented and no plans for a hard fork have yet been made. Which means for me to truly wholeheartly support BIP100 we would need these things in place and mostly introduced in simaliar way that Bitcoin XT was. Since I do not want to just trust or believe that the Core team will implement BIP100 into the client themselves, since that was the entire reoson for the existance of XT in the first place, since the Core development team seems to be unable to implement any of the BIP proposals. Which is why it will most likely need to be another alternitive client that should push for this change. However since this does not exist yet, that is why on some levels BIP100 is not a viable solution yet. I do hope that this will change soon.

The limit doubles every two years with BIP101, starting with 8MB.
2692  Bitcoin / Bitcoin Discussion / Re: BIP100, BIP 101 and XT nodes status on: August 27, 2015, 06:18:48 PM
It looks more and more like we'll be going the BIP100 route.
2693  Economy / Speculation / Re: Analysis never ends on: August 21, 2015, 06:51:56 PM
cup & handle still?


so we will se pump after dump Huh

Im still hold my bitcoin and watch more speculation Thread, before i sell or buy bitcoin


No. The handle dipped too low.
2694  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2015, 05:21:35 PM
is this ETH serious ? i sold 1 BTC into it just in case.

scamcoin

sorry for your loss

This.
Not sure why would it be better than btc...

As has been said before, everything etherium can do, bitcoin can do - and then some.
2695  Economy / Economics / Re: Martin Armstrong Discussion on: July 21, 2015, 04:42:27 PM

Half way through reading this, and it is shocking stuff. Validates a lot of what MA has been saying about the political elite. Downright shocking if what Varoufakis says is true, and I don't have any reason to disbelieve the guy.

I'm glad that I found this thread. I'm trying to catch up now.

Anyway, I found this quote from that interview particularly interesting:
"So what we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. So no citizen ever knows what is said within. … These are decisions of almost life and death, and no member has to answer to anybody."
2696  Economy / Speculation / Re: Say Goodbye to Greece... on: July 21, 2015, 12:51:40 PM
Bye bye Greece.  Come back when you can even attempt to solve the crises you have; not passing the buck to the next country.

I dont think they are trying to pass the buck.  Yes they should have acted years ago to stop the low retirement age and high pensions.

But, the whole reason they were "bailed out" in the first place was bad PRIVATE bank loans.  Now the bailout effectively transferred the private bank debt to the public.  That is wrong.

The public voted for the governments that racked up the debt. They have to reap the consequences now.
2697  Economy / Speculation / Re: Analysis never ends on: July 20, 2015, 11:31:26 AM
The buy point for a cup with handle is even with the high point of the handle. So, look for price to break out past $310 in large volume.
2698  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Re-ANN] iCoin - Democratic Coin Under New Management on: July 14, 2015, 01:13:07 PM
Long live iCoin!
2699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2015, 03:56:46 PM
I don't need a weatherman to tell me which way the wind is blowing.
We're headed to the low $220s.
2700  Economy / Speculation / Re: Information shared by early adopters will bring a great deal of wealth on: May 12, 2015, 04:43:51 PM
I got involved with Bitcoin around April-May, 2011 (mining), so I guess I could be considered an early adopter. The one thing that united most of us was just the belief in bitcoin, and the inevitability of it's success. While the community is larger, more fragmented, etc., there's still a strong belief here though.
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