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29701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:53:52 PM
In the mean time....Russia is on the verge of invading eastern Ukraine...

That is almost like predicting BTC prices.  Is it really going to happen, and if so when, and by how much... whatever... sounds like the topic of another thread, even though these kinds of events could affect BTC prices b/c of supply and demand in the event that BTC were to be increasingly implemented or used b/c of these kinds of world events.
Great response btw Smiley

Thx... I do believe, though, to the extent that we are NOT battling trolls and other stupid ass disinformation posts, there is a lot of potential in this speculation thread to discuss how various world events and world circumstances play into the price of bitcoin and the expected increases in adoption.   There are so many countries or groups of people who likely going to recognize bitcoin prospects and to incorporate bitcoin related technologies into their lives.   Surely, the world will NOT be saved in any quick or meaningful way b/c there are likely going to be a lot of battles ahead... including competing and deceptive btc-like imitations.
29702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:37:14 PM
You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite

No, it isn't so, sorry.
"400 is the bottom" has been the most popular belief and fools are still cheering for bitcoin going up. There has to be something stronger, that will shake the fools. Always exit an market when fools enter, and always enter the market when fools exit. And don't ever enter the market, that everyone is talking about, or else you will be the fool. Right now there is a lot of agony from those who bought at the top of the last bubble, but there has to be total desperation with dramatic finishing speeches etc. Then you know that the market is set to buy in.

The more you attempt to explain, the less sense that you make.

+1  Cheesy

The market is awash with people who definitely have no coin but apparently are very interested in it, otherwise they would not spend their time talking about it. Hence,
- They want to buy bitcoins => Bitcoin price goes up
- They are paid trolls by some who want to disturb the scene => The puppetmasters want to buy => Bitcoin price goes up.

Never does a bear have any teeth to force the price down. The bear can only buy, which makes the price go up.
(the converse for bulls ofc)

It is quite simple to invest when you know the rule that it is the least risky to enter when there is most bearishness around. Almost nobody has any coins to sell, and every bearish post is a proof of craving to buy lower, and if this is not granted, panic buy higher.


I would probably like to buy some altcoins if the investment will look profitable enough. I'm interested in BTCs price, mainly because altcoins are strongly linked to it. And of course I'm interested that BTC would stop this slow downfall and start a new upwards trend. But it can only happen with important positive developments in the market system or if the price is low enough, that there really isn't any room left. And these solid lows won't exist short-term, but these lows will last weeks or months, like they always do. It seems like you guys don't even understand the basic knowledge on trend reversals, or you are playing dumb and manipulating others to buy.

First of all you are getting into some kind of weird idea that alts are better than BTC... and possibly, you may be able to get more of a pump out of the several hundred alt options... and you can play your information as you will.  I am sure that you will tell us after the fact how much money you made in alts... which may or may NOT be true and hard to prove... Further this is NOT a thread about alts.  Anyhow, many on this thread believe BTC is the main man.. or the main coin at least for the foreseeable future.. next year or two.. even though there could be profit in other coins. and even though another coin may come to compete with BTC.   At the moment, BTC does NOT really have any meaningful competition in the long term.. even though there may be some good investment opportunities in some various and or random alt coins... depending on which one(s) you choose.

Second:  it is all fine and dandy that you want to tell us your intentions and your investment plans; however, when you start to accuse us with manipulation, you are acting like a a jerk... and for what purpose?  Do you have something that you want to contribute to the thread, then no problem... give us your perspective - that is what each of us are doing giving perspective.. .. so a bull or a bear for that matter is NOT automatically manipulating.. unless you have some specific information about such manipulation, it is NOT really necessary to accuse others of manipulation.
29703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:27:00 PM
WTF?Huh This is NOT really news, is it?  What is the change, exactly that supposedly took place since we found out about this in December 2013, no?
Well, it seems that most of the Chinese exchanges were still using bank transfers to/from corporate accounts and some form of payment through 3rd party processors (prepaid cards?) for CNY deposits and withdrawals.  Even BTC-China, which avoided banks after the December decrees, eventually started doing the same.

One by one, the exchanges are reporting now that those channels are being closed; most are suspending CNY deposits, one (BTC38) suspended also CNY withdrawals it seems, another (FXBTC) said it will stop CNY withdrawals next Sunday.

It is not clear exactly which of the two methods are closed in each case (I do not know exactly how the "cards" they use work).  However, on the whole it seems that deposits through both channels are being blocked already, it is just a matter of days; and withdrawals very probably will be blocked too soon afterwards.

The Cryptocoins News article dis not mention BTCTrade; that was one more for the list.


OK Thanks.  That does sound as if it is more significant than what had been announced in December 2013 - especially if it is unclear about whether there will be effective work arounds.  I do have some confidence that the Chinese will find some work arounds; however, if there is movement from the "open" to the "black market," then that would likely dry up a lot of volume... and in that regard, it would make sense that we may continue to get considerable downward pressure on BTC prices to account for these current circumstances. 

Regarding price, though it does still seem too soon to sell b/c it remains somewhat unclear that prices will for sure continue to drop or whether the most impact of the news has already been priced in to the current price.  The news will continue to make us a little more on pins and needles, so additional negative news could cause some further price pressures.. especially given what appears to be ongoing relatively low volume.

29704  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:15:51 PM
In the mean time....Russia is on the verge of invading eastern Ukraine...

That is almost like predicting BTC prices.  Is it really going to happen, and if so when, and by how much... whatever... sounds like the topic of another thread, even though these kinds of events could affect BTC prices b/c of supply and demand in the event that BTC were to be increasingly implemented or used b/c of these kinds of world events.
29705  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:11:22 PM
Always exit an market when fools enter, and always enter the market when fools exit. And don't ever enter the market, that everyone is talking about, or else you will be the fool. Right now there is a lot of agony from those who bought at the top of the last bubble, but there has to be total desperation with dramatic finishing speeches etc. Then you know that the market is set to buy in.

The more you attempt to explain, the less sense that you make.

+1  Cheesy

The market is awash with people who definitely have no coin but apparently are very interested in it, otherwise they would not spend their time talking about it. Hence,
- They want to buy bitcoins => Bitcoin price goes up
- They are paid trolls by some who want to disturb the scene => The puppetmasters want to buy => Bitcoin price goes up.

Never does a bear have any teeth to force the price down. The bear can only buy, which makes the price go up.
(the converse for bulls ofc)

It is quite simple to invest when you know the rule that it is the least risky to enter when there is most bearishness around. Almost nobody has any coins to sell, and every bearish post is a proof of craving to buy lower, and if this is not granted, panic buy higher.

I think this dude is getting too much shit here for making bearish posts.   Sure he is a FUDster, and he might be wrong in his predictions (I have no idea really), but what he says here isn't that crazy to justify the amount of flack, is it?
To me, that might signal that some bulls are starting to feel uneasy.
Or I might just be looking for sentiment indicators too much, and am starting to see things  Smiley



He says some pretty stupid shit, too....  like to say that the bulls gotta be fighting and irritated before the market is gonna go up... And, there were some other dumb things too, like he admires trolls and I am sure there is more, but there is NOT enough time in a day or life to be wasting in looking back for some more examples... ...

Surely, everyone says dumb things once in a while, but somethings cross lines... ... and maybe newer posters should be more careful to attempt to build some credibility before the get too far into the crap content posts... no?  I am just one opinion.. so really does NOT matter too much what I think.
29706  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 09:00:57 PM
^ A+

If someone ignores me and i´m quoting him, the chances are about 97% that he will me unignore me and read my post.
 Cheesy Cheesy Cheesy

It´s all a big fuckin trap.

Gotcha Magicmexican



YOU are pulling those statistic (97%) out of your ass, just like you do with BTC predictions.  Cheesy


Also, you would NOT be able to measure whether someone who had ignored you had read your post(s)... so you have no way of knowing, except if you were to do some kind of survey, which could give you some kind of probability, which I doubt that you have done any such survey (and if you did do a survey, out would probably be some kind of half-assed kind of survey, such as asking what Fonzie would do in such circumstances.. and FYI, a survey of 1 is NOT a proper survey.  Tongue
29707  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:33:10 PM
Free tip of the day :





So even the content of the referred to post will NOT show up, if you ignore someone?  I have NOTICED Quite a bit of disinformation posted in this thread, but usually, I can just mentally block out the ones who tend to speak too much out of their asses.... with the gobbledy gook.
29708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:28:51 PM
@Mervyn_Pumpkinhead

I´m glad you joined to forum. I´m totally down with all of your posts and like the style of your arguments.
I can´t write like this because i´m too big of a troll. Smiley
But your opinion fits mine pretty close.

I hope you don´t feel insulted now.



This endorsement is going to help Mervyn_Pumpkinhead with his credibility and reputation in this forum.
29709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:24:21 PM
BTW;

Is Goat still promoting "holding" in his thread? Or has he deleted that as well?


This forum should NOT allow deleting.. maybe after a day or some other reasonable short period.
29710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:22:37 PM
You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite

No, it isn't so, sorry.
"400 is the bottom" has been the most popular belief and fools are still cheering for bitcoin going up. There has to be something stronger, that will shake the fools. Always exit an market when fools enter, and always enter the market when fools exit. And don't ever enter the market, that everyone is talking about, or else you will be the fool. Right now there is a lot of agony from those who bought at the top of the last bubble, but there has to be total desperation with dramatic finishing speeches etc. Then you know that the market is set to buy in.


The more you attempt to explain, the less sense that you make.  Your comments are filled with generalizations that fail to take into account a broader bitcoin history.  None of us can predict exactly where bitcoin is going or when is the bottom exactly.. except based on a variety of factors and information including entrances and exits into the market space.  Some people claim to be more knowledgeable and concrete in their predictions than others.  Some will be right and some will be wrong some will become rich and others maybe not so much. 

By the way, it is a little bit more difficult to lose money in a growing market, but some traders manage to accomplish that, too.... so there is quite a variety of traders and predictions and bets accordingly.
29711  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:15:11 PM
You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite
I'm leaving, never to return. All bitcoiners are bastards.


And you are an asshole... especially if you are a bitcoiner... .. whether you renounce bitcoin or NOT.. I know you have at one time embraced bitcoin.... and I hate all you assholes... but I am going to stick around and keep spreading this message with sincerity, until the price goes up...

JUST TO SHOW YOU THAT I MEAN IT>>>> YOU GUYS GALS or Whatevers, are ASSHOLES
29712  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:11:02 PM
Guys, you all are a part of the problem... You think that you're so smart, talking about bulls and bears, and a lot of rubbish.

You need to realize: Bitcoin is going to fall unless there will be more people interested in buying them. And trust me, a person who gets to bitcointalk.org to get some info, and decide whether to invest or no, and actually starts to read this thread as the most popular one, and dedicated to discussion about the price, etc. and starts to read a zoology treaty will consider all this a big joke.
Do you think if an investor would have some interest in the stock market, on a specific company, and when trying to get more information about his potential investment would start to read all this rubbish, will NEVER invest. Some computer geeks who think they are business men, or who never actually leave their rooms, are being "smart" here... in a business you need to be serious first of all, and bulls and bears have nothing to do with Bitcoins as an investment.

The other problem is that altcoins are falling down. They were the ticket for late investors to adopt Bitcoin. So, there is a very very strong relationship between those and BTC. I always told, the minute altcoins will die, BTC will too. Simply because nobody is going to pay hard cash at this prices for something where the "insiders" are talking about bears and bulls, instead of serious matters in a serious language.

You cannot control the kinds of content that people post on these kinds of anonymous forums with any kind of degree  - there is a multitude of interests, and some of which do NOT want bitcoin to succeed.
29713  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 08:07:17 PM
(Apologies if this has been posted already.)
From the BTCTrade site,
Quote
尊敬的用户:今天接到第三方支付渠道通知,将于近期暂停网上直接充值的功能,充值将继续采用银行转账方式,日常交易及提现不受影响,敬请谅解!针对近期415事件,比特币交易网(btctrade.com)暂未接到任何通知,近期行情波动幅度较大,请各位投资者谨慎投资。
Google Translate:
Quote
Dear user: third-party payment channels received notification today, will soon be suspended directly online recharge feature, recharge will continue to use bank transfers, daily transactions and withdrawals are not affected, please understand! 415 for the recent events, Bitcoin transaction network (btctrade.com) yet received any notice, the recent market volatility is large, please investors cautious investment.


WTF?Huh This is NOT really news, is it?  What is the change, exactly that supposedly took place since we found out about this in December 2013, no?
29714  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 07:48:11 PM
Might as well just write China off and move on. I did that last year before Christmas. Chinese government don't want bitcoin, it is very obvious indeed. The Chinese government will get what they want, you can be certain of that.

NONE of this is obvious... and certainly the chinese is NOT as hostile to BTC as my be apparent... they would like to have various vehicles in which to invest outside of the dollar... and btc is one of those vehicles... they may seem to have some concerns about bitcoin and its affect on capital controls, but in the end NONE Of this is apparent concerning their overall love/hate relationship with bitcoin.
29715  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 07:36:21 PM
You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite
29716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 07:31:39 PM
So now $15 price movements are classed as significant?


As we know, the lower the price goes, the less money it takes to be considered significant.
29717  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 07:13:29 PM
I am sadly guessing we are going to go lower than 400 if any other negative news comes out from china which I think it will.  I kind of want to sell now and buy back more coins lower but seeing my past luck It would be smartest for me to HODL. 

I tend to have this problem, too.
29718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 07:11:08 PM
Who knows what the price was before China's involvement? If you do then you know the low for now.

The price will be higher than the price before china's involvement... for a few reasons including at least these two... 1) other infrastructure has developed and 2) china will find a way to stay involved even if there were some restrictions on them

3) a lot of money has gone down the toilet with MtGox
4) there are now more coins available than before
5) due to Gox´s fraudulent actions(price manipulation) we will never know what the real price would have been in the last months

?

I fixed the above additions b/c they are inconsistent with the initial post and make little sense within the context of the initial post
29719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 06:57:40 PM
This is my professiAnal predicition on bitcoin price development:




I've seen a lot of those here.
Not that the outcome is similar, but the refinement of the prediction Smiley


This particular depiction is missing the past in order to understand whether the prediction is reasonable and within context


29720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2014, 06:49:42 PM
I started buying again after selling at 495 earlier this week.
good choice :-)

Best time to buy from a long time :-)


That's part of the problem in that buying opportunities keep getting better and better and better
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