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29621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 01:41:57 AM
to be honest, I am at a point where I am not sure anymore if to be a bull or a bear.... the market is just confusing me, the thin order book and the tiny actions going on makes the possibility of going up or going down almost the same... so if you know more beat me to it.

Do you try project your expectations onto the market with realistic time frames and price action?
When the market drags on for months, and mood is negative we tend to change our expectations. But if you could have watched this bubble pop in fast forward, would you be surprised by anything yet? not me. This is going to the game plan 100%.

I am just so uber bullish right now. Everything is going just fine.

.... the bottom is a miserable time..... of coarse the order book will be thin and price will be stagnant.

Also, we may have to stay at this lower price range for several weeks before the large majority of weaker hands are bled out...  

I can stick it out for a year or two if needed at this price range or even lower.. so long as the BTC fundamentals remain in a similar ballpark.  Certainly, that would be a worst case scenario.. and I expect the prices to go up much sooner.. maybe no later than a month.
29622  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 01:33:07 AM
Bull for now. If we break 400, I'm out.

NOT a very hardy bull... that's for sure.  Maybe a fair weather bull?
29623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 01:25:38 AM
billyjoeallen gone bearish

isn't this a strong buy signal?

Waffles, waffles.... Buy waffles



So I'm a contra-indicator now, huh? If I'm so stupid, then why do I have so much money and coins to trade now?

If you want my coins, just bid up the price a little higher. If you want my cash, you'll have to drive the price down until I feel like maybe maybe buying back. I hope there's a rally because I'll be partying with bull money if there is. Being a reckless bull for so long has given me a monster pile of coins to dump on your heads.

Disrespect me at your pleasure or peril. The market always has the last word.


Those previous comments by Bitcoinsrus does NOT seem to be disrespectful, but instead merely an observation of your change in your apparent position.  Also, I do NOT perceive things like this thread to be a competition, even though others may consider it to be such... and that is why, when you perceive threads like this as a means to compete and to deceive people, then you are resorting to self-ish behavior...

Surely I am going to take information on this thread with a grain of salt, but my intention is to share information  for the benefit of everyone.. and to the extent that I may spin or NOT disclose my exact strategy will NOT be some major push to trick people into buying or selling in order to favor me or to fulfill some position that I have that I want filled.

We each have our ways... so to each his/her own in that regard.

Selfish behavior would be telling people what they want to hear so that I could be more popular. I'm doing the opposite. It's also in my financial best interest to say the opposite of what I'm saying.  I may  be wrong, but I'm not being deceptive, you piece of shit.


O.K.  Maybe I overstated the case, but why do you need to resort to name calling?  I'm just making an observation, and surely I could be wrong in my observation and noticing your seemingly extreme statements to push one way and then to push another way...... .. I am NOT engaging in such observation about your seeming to switch your position to undermine you or to bad mouth you... it just seems to be lacking some objective analysis... especially when you are saying let's all do this in order to save BTC from a downward spiral.. it just seems to be much too much to be trying to persuade people to act in concert, when it may NOT be a good idea for them... .. and it may NOT even seem to be a convincing logical choice to "save" bitcoin...   



29624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:35:06 PM
Yes, I'm clearly bonkers. Buy your asses off. I'm trying to do you assholes a favor, but if you don't listen, I will take your money. Fact: there will be no rally this weekend that doesn't result in me having thousands of dollars more than I do now.

On the other hand, if you are wrong and there is a market plunge, you're pissing off one of the few people left on the exchanges with cash to help save you.

Since when is 50/50 fiat/crypto not objective?


Definitely  it is good to have your bets hedged in various ways.. but NO reason to call others assholes, just b/c they may have a different opinion about which way to bet... or to suggest that you have some vision that is way superior than others.  To the extent that you provide justifications for your predictions, then other readers of the tread can benefit from that... To the extent that you may be trying to force the market in one direction or another, then that seems to be another story and a story that may grate on readers a little bit...

But, whatever, do what you do.. ... that is your choice, but sometimes you should expect some backlash when posters recognize or at least perceive that you have shifted (or waffled) in your position...
29625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:29:19 PM
billyjoeallen gone bearish

isn't this a strong buy signal?

Waffles, waffles.... Buy waffles



So I'm a contra-indicator now, huh? If I'm so stupid, then why do I have so much money and coins to trade now?

If you want my coins, just bid up the price a little higher. If you want my cash, you'll have to drive the price down until I feel like maybe maybe buying back. I hope there's a rally because I'll be partying with bull money if there is. Being a reckless bull for so long has given me a monster pile of coins to dump on your heads.

Disrespect me at your pleasure or peril. The market always has the last word.


Those previous comments by Bitcoinsrus does NOT seem to be disrespectful, but instead merely an observation of your change in your apparent position.  Also, I do NOT perceive things like this thread to be a competition, even though others may consider it to be such... and that is why, when you perceive threads like this as a means to compete and to deceive people, then you are resorting to self-ish behavior...

Surely I am going to take information on this thread with a grain of salt, but my intention is to share information  for the benefit of everyone.. and to the extent that I may spin or NOT disclose my exact strategy will NOT be some major push to trick people into buying or selling in order to favor me or to fulfill some position that I have that I want filled.

We each have our ways... so to each his/her own in that regard.



29626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:22:53 PM
Market Cap Comparisons:

Bitcoin   $5 B
Apple   $475 B
Chipotle Mexican Grill   $17 B
Dollar Tree, Inc.  $11 B
IBM  $200 B
Intel  $130 B
Costco   $49 B
CVS Caremark  $89 B
Berkshire Hathaway $307 B
Pandora Media $5.6 B

Most people probably haven't even heard of the names for 99% of the companies with the same market cap of BTC. It is still in small-cap stock territory and it's market price behaves as such.  How much Capital does it take to move the price around?  $5 million has a huge effect.  How many individuals can move that much into and out of a market(s)?  How many trading firms around the world can?  How does $50 million sound?  This isn't even the beginning yet.  Fortunately, and I think there are a good number of people here who already know this, all of the information you will need will be right there in front of you, hidden in plain sight.  You just have to focus and know how to see it. 

I've learned a few things about bitcoin from this thread and had a few laughs, so thank you for that.  I wish you all well, although I will still try to take your money if given a chance.  Wink

Sayonara,
Nick


Stats like these are always so eye opening.  We get so concerned about China but many of these companies are only in the USA so we should not be too concerned.  To think that BTC only has a market cap of  $5 Billion and Chipotle is 3x that?  Don't get me wrong, I like Chipotle, but that is crazy. Wink   The question I have is what is the estimated price when we reach $10 B, $15 B, $50 B and so on.  I guess it depends on the amount being hoarded or available on the market at that time? 


You already know that market cap is calculated by number of coins in existence times price of a coin.   so approximately $4500 per coin, if we get to a $50 billion market cap.. maybe a little less, b/c there will be more coins...

In my mind Hoarding is a slightly different question that can drive up market price, along with lost coins, etc.. Just b/c those coins are lost or NOT in circulation, that does NOT affect the calculated market cap.. even though with lost coins, for example, they are Never coming back into circulation to be realized as part of the overall cashing out of the market cap.




29627  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:17:06 PM
Hind sight is always 20/20 but, I wish now I had just took my first investment in GPU mining gear well over a year ago now, and purchased BTC when it was $30-$40.00 range and bought the same amount in bitcoin instead. Now even at todays prices I would be up almost $27,000 in pure profit even at todays price of 440.00 on that initial investment alone. Undecided But like with everything else, we live and we learn... well most of the time. lol

People are still investing in mining equipment, and it seems fairly likely that they are going to get similar results... meaning that it probably would have been better to invest in buying BTC, instead.  Of course there are some exceptions to this in which there may be some people who are either wise investors with their mining equipment or they have some special tactic to make the mining more profitable for them.
29628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:11:14 PM
Amazing, all this speculation, graphs, charts, video's, news articles, various people trying to sound official like they know something special (fonzie), bears and bulls and alike,,, and still no one seems to have a clue if BTC is going up or down lol  Cheesy this really is a great thread lol In the mean time I'll just hold tight and keep on mining whether its at 440 or 1,000


Well MinermanNC>... .there is NOTHING really new to what you are saying, as far as I understand.  I have only been into BTC for a little over 4 months, and frequently, there has been quite a bit of inability to predict BTC prices on a short or medium term.  HOWEVER, I bet the long term bulls (which seems to include you) will probably be correct to be assuming that the price is going to go up... There is some variation about whether the price will go above $1000 in two years or whether the price will be $10,000 or $100,000 by that time... ...

Personally, I am o.k. so long as the price in two years is at least 12% higher than my average buy in BTC price... which was my expected return on my various stock market related funds... but even if it is NOT at least 12% higher in two years, I am hedging my bets.... It would be the shits if both my stock market related funds and my BTC related investment were to go down... then my gamble will have NOT paid off... That seems to be a risk that I know about and am willing to take (even though different people are going to come to different conclusions regarding the probabilities of one outcome versus another outcome.. some will win big and some will lose big and some will be in the middle..  I am banking on being in the middle somewhere).
29629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 09:02:10 PM
billyjoeallen gone bearish

isn't this a strong buy signal?


He has lost his objectivity, to the extent that he may have had it previously... and he has gone somewhat bonkers with these predictions about BTC's supposed price decline...
29630  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 07:16:45 PM
can we get a bear to dump?

fonzie tell us again about this china thing.

Inviting the scholarly input of trolls with open arms?Huh? hilarious... though this is your thread... so whatever.. you think is good for the thread  Cheesy

My issue with Fonzie is his about 71.6378% bullshit rate  but he has about a 2.4385% rate of being really hilarious, as well.  So go figure.





by the way Adam, I like the new poll.  INteresesting... would be more interesting if posters had to put a few satoshis on their bet.  
second.. also humorous that you took out the sell, buy and hodl options.... but that would possibly only cause posters to dodge the poll question....
29631  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 05:39:08 PM
almost the same price across stamp/btc-e/huobi

interesting

Very interetsing indeed

Everybody is hovering at 444... which is like the new 666
29632  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 04:47:19 PM
Really loving all the bulls who are in such denial.  Kiss

I'm gonna have to put you on ignore. Bye.

Are you putting all bears on ignore? I'm feeling kinda bearish lately. Cheesy

He already put me on Ignore supposedly... he is all over the place with his ignore proclamations.  I think that he is attempting reverse psychology.. by trying to project value by showing that he is a proper bitch dog bird
29633  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 04:43:30 PM
Going down or a good buy opportunity? thoughts?

it went down so its a good buy opportunity

300$ on monday that's certain

Not sure if trolling.

Maybe not on monday but within 2weeks for sure!

Would you like to bet on this prediction?  How much?  I already know that you will NOT take any bet b/c you have NO confidence in such a prediction.

I'm betting on this prediction.


I will take the bet directly.  I will bet you 1BTC that the BTC price on Bistamp will NOT remain below $339 for more than 30 minutes in the next two weeks.  Please take my bet and we will find someone to hold such bet proceeds.

Otherwise how are you betting?  By spewing a bunch of NONsense and saying that you are NOT into BTC...   That is NOT the same.


29634  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 03:36:58 PM
Going down or a good buy opportunity? thoughts?

it went down so its a good buy opportunity

300$ on monday that's certain

Not sure if trolling.

Maybe not on monday but within 2weeks for sure!

Would you like to bet on this prediction?  How much?  I already know that you will NOT take any bet b/c you have NO confidence in such a prediction.
29635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 03:33:57 PM
Come on man, I am stuck at 550 full BTC !!!

that's not bad... mine is closer to $650 and I am not too worried... yet.
29636  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 08:03:56 AM


This is where I am and haven't gotten my first btc yet...waiting on the verification. Scared it'll end up at 900 bucks by Monday or Tuesday when they finally hook me up.  Grin

Curious about something if anyone here might know...I read somewhere in this forum something about the value of btc being coded in the math, that it can always be known how much it will be worth and how it will increase in value due to the code or whatever and that it's coded to increase exponentially. If that's knowable because of the code itself then why all the speculation?

That's ridiculous.

It is coded concerning how many can be mined and the rate of the mining reduces in half every 4 years, so that part is known.. but the price depends on adoption.. which cannot be coded... b/c you cannot code how people feel about something... unless you are the US government... he he he.. just kidding..
29637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 07:21:42 AM
.... well if it's this bullish and afternoon in china, just think of how bullish it will be in 4 hours.

Posters are saying that we will retest $420... but the price on stamp is NOT going below $430... so maybe we are going to bounce into the upper $400s before the weekend... no more test of the downward, maybe?  Price seems inclined to go up... at this point....

29638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 07:03:37 AM
How many speculators are on this forum dammmmnnnn long thread
Anyways almost the 1 year anniversary of this thread lol

Probably 20% 10% of the posts have been liquidated recently, so it's not as long as it was  Grin

Start at the beginning, let us know when you catch up  Cheesy

i got involved around page 500. read pretty much everything since, and I only have about 6 people on ignore.

And guess what? I've basically HLOD for the whole time!

O.K.  I looked up page 500 of this thread, and that was about May 20, 2013.    That was before my time in BTC... but NOT before I was born.. he he he.

Did you buy before you HLOD or did you HLOD and then BUY and then HODL some more?

Seems like a long time to HODL between May and NOW without some Buying, as well - except, since the prices in May 2013 were around $100, you could have bought a bunch of BTC around that time....  maybe 100 BTC for $10,000.... though that woudl have been a lot of money to sink into BTC at once.  And then been stuck with fairly stagnant BTC prices between May and October - which that is only 5 months of fairly stable prices... and then the BTC price started to really go up in October.
29639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 06:39:35 AM
I do NOT like to jump into anything too quickly before I kind of have some ideas about it.... and by the time I was getting more informed the price was skyrocketting.  Accordingly, I began my investment at about $1200.

Pro tip: learn quicker. That way you don't stagnate and buy in at the top; losing a bundle dollar costing all the way down....

why don't you describe a few paragraphs of some learning experience(s) that you had that had "enlightened" you about the ways of the world

Um, ok then, I guess.

I have always been really into the Cosmos. I used to be just chillin in the back of my Montessori Pre-K school content for hours reading books about space. I got into the practicalities of capitalism during my teenage years, starting my first successful business at 18 and operated that for nearly five years throughout college. Man what a time that was.  Then I went to Oxbridge for a bit, studying Maths and Philosophy. Ho and hummed through my mid 20s, including > a year at a hedge fund as a trader. Was Valedictorian of my Grad program at a top 2 engineering institution after that.

Always business minded, and liked to build shit. But I've never lost that love of the Cosmos. All that was Preamble to my main point. Here's one Learning Experience that makes me qualified to say what I said after reading dozens of your posts ITT....

I decided to take a grad course in Physics, though I'd never formally even taken any course like that during my years in undergrad. I was, and have always been fascinated with the deepest realities of existence. So I got to wondering about some things, and realized the coolest dude on campus to speak to was this guy who was a Nobel Prize winner. We had a similar background, with the Oxbridge thing. So I thought, I'll just email him and we'll chat.

And that's exactly what happened. For one Summer a few years back I got the chance to talk a couple of times, one-on-one, deep, with a Nobel Laureate. The kind of dude who drops anecdotes and kernels of understanding so deep, I'll spend a lifetime thinking about the questions they raise. Knowing that I'm likely not ever to stumble on the answers, because I'm not quite that bright.

You ever done that? Ok then. I stand by my statement. Learn quicker, it can be done.

Pro tip #2...rely on your intuition, after learning to well hone its snap judgements....
“The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.”
-Einstein

Again - You are continuing to project a patronizing approach, which may be a character difficulty that you cannot easily shake......

I feel bad for you, but what can I do? 

You don't seem to get hints or subtlety... and seem to want to amp up your supposed contribution to benefit me by dishing out additional unsolicited advice to make some kind of mysterious point.   Some people can take hints, very well, and some cannot.     Roll Eyes

It does seem that you remain determined to get your way and attempt to jam your supposed higher learning upon me (or maybe it is for the benefit of the public?), while missing my earlier point about each of us coming to our situations from different perspectives and experiences.. .in which that was a hint that you may not know all of the circumstances of a persons goals, values and aspirations.

  I do appreciate you sharing some of your background to the extent that some of that information may have been quasi-relevant to make your point about your qualification(s) in making your points.  I also appreciate that you had read several of my earlier posts, which makes me feel somewhat comforted to find out that at least one person is reading some of my posts - nonetheless, you seem to continue to want to attempt to resort to a form of arm-chaired investment "advice" with incomplete information, while presuming and/or proclaiming that you have sufficient information about my situation.

Even though I get the sense we do NOT need to go on with exchanges of communications, for the sake of humor, I look forward to perusing your unsolicited pro tip #3.   Roll Eyes  since you may NOT be able to resist with such.  Who knows?  Your behavior may be like bitcoin prices, mostly difficult to predict the direction in the short-term...



29640  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 05:39:57 AM
You don't need to defend yourself to anyone JJG. Chill.  Smiley



 Cool    Cool    Lips sealed
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