640?
NEVER AGAIN!
Where have we heard that before?  |
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Is Shroombot on a dumping spree?
No.. It's functioning perfectly... Shroombot was design to do stupid things  +1 That's shroomie for you. Him and his little dog bird avatar. |
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Gold plated hookers into the love chamber
I'd think twice before jumping off to that bed. The wooden fittings look quite weak to me. What will happen if the joints break (during some heavy-weight action) and the glass basement is breached? That's why you get your chicas as skinny, and from what I heard in another thread, if you are a true cyber geek, then you are going to be a skinny nerd type anyhow, and between the two on the bed, should NOT be much over 200 lbs. |
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I am pretty confident we are the new wealthy elite, gentlemen.
What did happen to the OP, Atlas?
I remember he caused "trouble", but why was he actually banned forever/what big rule(s) did he break?
He falsely claimed he was going to kill himself. Some people contacted the authorities about it. It wasn't the first time he was banned either. Yes, that is worthy of a ban, thanks for filling me in. Let's hope he grew up a bit... Worthy of a ban, in the event that he lived. If he died, then he died,but if he lived, then he gets banned... Go Figure! |
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Why can't we just break $700 before it crashes again??? Why I ask?! Why?111!!1
Ps huobi orderbook extremely bearish. Crash to $600 imminent.
We don't want it to move pass yet, be prepared. Speak for yourself, girlfriend. Looks like it's a party! I'm sure IMF and PBOC have some say in this. |
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So, 3-4 months of hodling and not listening to the trolls 'paid out'. Bought at 680, then the dump to 300s but hodled through and now almost back to zero  but also bought some coins at 780 too but not as much as at 680. you gotta go with your weighted averages, which would be somewhere between $680 and $780 (and closer to $680 from what you are saying... so maybe around $710). I started at $1200, and my costs are about $600 per BTC, including fees. I have had some bad timing as well, in part based on logistics of fiat.... my average price per BTC is likely to go up considerably, since the price is going up and I have a fairly good size chunk of fiat on its way.. not sure when or the exact amount, but likely around 50% of my current total BTC dollars investment. |
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People loaning money in bull markets never stop to amaze me.
Clearly they think BTC will not appreciate more than .5% per day. However I think that the risk profile of money on an exchange is higher than BTC in a wallet and I do not think that these people are taking this into account. If you can make a guaranteed .5% to 1% per day, then that is a pretty decent return on investment in any world. |
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I'm working on phase 2.
 Hopefully, phase 2 is gonna have a bigger effect than phase 1. Otherwise, he is gonna have to go to phase 3, or maybe back to phase 0? |
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1.7.2014 BTC value is X00 USD
x=?
Y? y = 7.4 |
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Ask depth to 700 is stacking up. The bigger walls the harder they fall.
Are you really of the opinion that those walls are for real? Surely some of them may be for real, but they are easily pulled, as well. |
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Another quick poll: is there anyone here at all who does not believe that, by 2027, 1 BTC will buy all the wealth in the world? yep, me  welcome back prof, if you can keep it clean enough and stick to facts and stuff, I think the thread will welcome you back with open arms Yeah, but he is already starting out with bullshit nonsense questions that do NOT make any sense in real application.... too exaggerated a scenario. Surely, there are some people who are considerably fantastical, but one should NOT judge the whole bitcoin community as if we were all fantastical (or cult or religion, either) |
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Quick poll: Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?
Me and I'm pretty much all-in (not a huge position - but the majority of my liquid assets). There is no way the log trend is going to hold. I'm predicting a relatively slower growth rate (with wide variance - but definitely below 1000%/year). If you frame the problem like that, then I am in the nrd525 camp. I would think that growth rates in the 2X to 4X territory would be somewhat reasonable and sustainable... though I doubt that there is any kind of straight or exponential line b/c there could be events that cause greater variance, as you, nrd525, seem to be suggesting. |
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Log trendline is the null hypothesis on this joint. Past performance blah blah blah is regurgitated generic pedantic crap. For the first time in human history we have an asset that follows self-reinforcing network effect growth, where the fundamentals themselves mathematically scream logistic function, yet somehow a logarithmic growth curve until saturation is supposed to be controversial? That's preposterous.
Greenlion, I am NOT sufficiently familiar with mathematical terms sufficiently to understand your point. Are you suggesting that the current models that suggest a 10x annual uptrend until we reach 50% market saturation and then a more leveled growth is too conservative? I personally think that BTC should get higher growth rates in the beginning and then taper off ... yet NOT sure about the predictive growth rates exactly.. but 2x to 5X growth rates seem to be more sustainable than ongoing 10x rates... yet I understand why people are predicting 10X growth rates based on networking and exorbitant adoption of the people that comes through networking effects. |
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Thus, anyone who does not consider the log trendline indicative of probable future pricing is a fringe extremist.
Tell us how you really feel. |
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Guys, it's simple really.
After months of bear market the trend reversal has come and we are simply going and returning to $1000, slow or fast doesn't matter (we are going up pretty fringgin' fast if you ask me) of course there are corrections, all bear traps. Just don't get shaken out (or ride the waves but be careful not to get left behind).
This is the mid-term trade that you should consider ->long.
If short term we have double tops, inverse cup and handles, head and shoulders with dick and balls, it doesn't matter, it's just a trap to make you look at the short term instead of the mid-long term.
You may be correct that we are NOT going to linger in this sub $1,000 territory for very long, yet my looking at the previous bubbles, it seems that BTC prices never gets stuck at any price point around the previous ATH. The BTC prices either linger below the previous ATH or it shoots quite a distance passed the previous ATH before returning down to some price point that is quite a bit higher than the previous ATH. Rinse and repeat... and for how long, who knows? Maybe at least a few more bubbles? hopefully? I would like to experience at least one bubble. Two would be nice, but I would settle with much contentment with experiencing just one bubble of the 5x to 10x range. |
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Quick poll: Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?
Fonzie and Mah? And maybe RandomPedestrian? And mervinthepumpkinhead |
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Breaking news! Mathecat desperately trying to justify his bad decisions! Read all about it in wall observer.
PS: bye bye mat the train has left the station
He can still grab a cab and race to get on the train at a later train station... NOT as good, but better than sitting at the train station with his bags and mopping. |
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It predicted this for my birthday:  I was sorely disappointed that it didn't come true Yes, that would have been nice - especially, if you could have predicted such a price change, accurately. |
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That is a very interesting site. I had NOT previously seen it. The data seems to be inconsistent between clicking on the beta predictor and the other 24 hour, 5 day and 20 day charts.... I mean the beta live version seems to be a bit more bullish than the non-live version. In this regard, the live version predicts mid-$700s in the coming 24 hours; while the non-live versions predicts lower $700s in the coming 24 hours (though granted, the NON-live version seems to update on the hour, so seems to have NOT yet accounted for the price spike that occurred within the last hour). The developer, Kevin asserts that short -term predictions are likely more accurate than long-term predictions, so long as there are NO major news events affecting the prediction outcomes. And, the algorithm seems to be based on historical performance, which we likely know is NOT necessarily a good predictor of future performance. Further, his 20-day prediction seems to place BTC prices in the $300 to $400 territory, which seems very bearish and failing to take into account that BTC has been in a down trend for more than 6 months, which will more likely cause BTC prices to go up from here (our current price-point) rather than going down from here. I could NOT really gather from the website how he came to what seems to be a hair-brained idea that BTC prices are going to plummet anywhere below $600 in the coming month. Seems highly unlikely given the pent-up at-the-moment BTC situation. NONETHELESS, I do like the concept of the site, if he is able to take into account more variables, then maybe the predictive aspect (especially longer term) may improve both long-term and short-term prediction(s). historical performance has been a great predictor I do NOT discount history completely, but in my thinking you gotta take history with a grain of salt b/c even though history may rhyme, it does NOT ever completely repeat b/c the variables of the present are going to be somewhat different... those differences need to be accounted for in order to arrive at more accurate predictive results - additionally, I tend to believe in free will... therefore human behavior always has some unpredictable aspect to it - even though it takes place within the realm of predictive possibilities. Bitcoin markets contain many human actors. |
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I am willing to say that I am on the edge of being officially bullish on this market.
It looks as if fresh fiat is coming into the bitcoin exchanges.
If this is correct, then 340 was the low and we will be coiling up for a major move sometime before the end of 2014.
The jury is still out on this one, but if we break 680 with ease in the next day or so and continue to rally up and consolidate at highs, then I will expect ATH before <$340
WindJC: You are so charitable in your bullish remarks.... |
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