Enjoyable 1400btc bite to kill that 1k+ wall haha. And OHHHH damn someone puts up a new one at 78 haha.
EDIT: And then removed it nearly immediately to move it to 78.5
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1. I've used Linux on the desktop since I was 12. Linux and other Unix like OSes run the vast majority of hardware. Windows is for consumers and (decreasingly) business users. Real code runs on a real OS. Smartphones are almost all POSIX compatible. Microsoft will continue to see difficulty with new markets since users now understand the walls that come with Windows.
2. As for chance, it does play a small roll, but 98% of the time, if you started with the same initial distribution of land and poured water on it you would get the same path. The path did change as the river carved out the rock. Softer areas of rock wore quicker and pulled the river in that direction. If you go back far enough, and cast your net across the entire universe, it can be deterministically predicted. However, there are practical problems when you try to model the entire universe over all time, so we have to resort to probabilistics to make good local guesses and still acknowledge that the likely event may not happen because of an external factor we can't predict.
3. If bitcoin runs serious international settlement and some other systems provides a simple user interface for consumers (possibly with chargebacks, insurance, etc.), bitcoin will still be a success in my mind. This is just like the comparison of Unix running the show and Windows just being a walled garden so idiots don't hurt themselves with the power of the real system. As long as the real system remains accessible to everyone.
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They're using Paysius.
Here's a quote from their site "Paysius immediately exchanges the Bitcoins for dollars and deposits the dollars automatically in your bank".
The market is not reacting the way it *should*(?)
First, they are big enough to arrange for Paysius to forward their BTC rather than dollars. Avalon does not want dollars. Second, they also accept Renmimbi as well as Bitcoins. The scuttlebutt is that they have substantial sales in Chine, which will give them local fiat to pay local bills. "Avalon does not want dollars." Could you explain this to me? Dollars suck. Especially in China. |
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Just wait till this shit tops and people get the sold out of USD message. I can already hear the wailing and gnashing of teeth.
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only about 2 $MM USD needed to reach 100 $ per bitcoin...
And now it's 3 million, 5 minutes later  . Which implies that someone can remove 1 order to remove $1million to $100. Walls mean nothing. That's why there are 490k view of this thread: https://bitcointalk.org/index.php?topic=85687.0 What does views have to do with a giant sell wall? Agreed. That still doesn't answer my question. What do walls on the bid ask chart have to do with views on this thread? That is not the current thread. That is the wall observer thread. |
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Ok, so I have important stuff to do but keep procrastinating reading bitcoin stuff so I may as well improve this. I need a list of bullish and bearish terms to create a sentiment index for that thread.
Classify days as bullish/bearsish/neutral. Use TF-IDF to pick out the most frequent terms on bullish or bearish days. Do you mean just choose a few as training samples and subjectively classify them, or is there a specific clustering algorithm that is good for this type of thing? It's all new to me. 1. Classify time period as bullish/bearish/neutral based on price action 2. Gather statistics on word frequency per time period as well as word frequencies from a general text corpus. 3. Use statistics to compute the frequency of each word for each class (bullish, bearish, neutral). These are your term frequencies for that class. Weight each term frequency by the inverse of the document frequency (a bit of terminology here: document frequency in this context refers to the frequency of the word in the general text corpus). This weighting helps filter out common words and accentuate words that are unique to the target class. 4. Pick the top few TF-IDF words to predict for each class. |
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I need a list of bullish and bearish terms to create a sentiment index for that thread.
Could you give us a list of the top-100 most frequently used words in the thread? (to start us off. we can then eliminate unrelated terms.) By the way, can you go a little further back in the graph? (if it's not too much trouble. To compare 2013 to 2011.) Edit: Plus what notme posted Classify days as bullish/bearsish/neutral. Use TF-IDF to pick out the most frequent terms on bullish or bearish days.
Yes, I can do the word frequency list, this is actually gunna be a bit harder then I first thought due to the quoting. I need to figure out how to filter those. I cannot go back any further because the thread did not exist before June 2012. Good point. You might be short on bearish examples. |
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confirmed by "...s"
or by whom?
Who cares? He's just a troll. Don't let him pull you off topic. |
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Ok, so I have important stuff to do but keep procrastinating reading bitcoin stuff so I may as well improve this. I need a list of bullish and bearish terms to create a sentiment index for that thread.
Classify days as bullish/bearsish/neutral. Use TF-IDF to pick out the most frequent terms on bullish or bearish days. |
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only about 2 $MM USD needed to reach 100 $ per bitcoin...
And now it's 3 million, 5 minutes later . Which implies that someone can remove 1 order to remove $1million to $100. Walls mean nothing. That's why there are 490k view of this thread: https://bitcointalk.org/index.php?topic=85687.0 |
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only about 2 $MM USD needed to reach 100 $ per bitcoin...
And now it's 3 million, 5 minutes later . |
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The € crisis was engineered by those, who benefit most from it: German banks as well as others, such as Goldman-Suxx and Rothschild & Cie. So while Cyprus, Greece Ireland and Spain are flushed down the tube, German operatives energize the economic death spiral against the €uropean periphery. This will eventually end up in a Syria-like confrontation, i.e. shooting war.  Well our money is what keeps these countries afloat. The people of greece are too busy evading taxes (at least that is what our Rainbow-Press is telling us :-p). So let's stop the payments and see what would happen. Telling people you own them is not how you avoid a "shooting war". |
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Awesome, now I will probably switch back from coinbase for selling. BitPay has always been faster, and now they are cheaper too.
wait, so you as an individual can sell BTC via Bitpay? I am a merchant.... I sell trinkets to myself and get USD in my bank the next day. |
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I believe, most forum members here took them both and asked for seconds.
Yep... it's called risk management. |
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Awesome, now I will probably switch back from coinbase for selling. BitPay has always been faster, and now they are cheaper too.
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Mtgox really needs to do something. Either lower their fees or fix their server, or preferably both
Upping their fees to 2% would help with the lags more than lowering them... But would it be because they make more or because people quit trading there as much? |
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Kind of dumb, IMO. Why get people out of Bitcoins, if the whole point is to encourage adoption? We need more people using Bitcoin to exchange value, not more inexperienced traders who panic sell on every little downturn. If they sell and then see the price continue to climb, they will give up trading and either buy and hold for the long term or buy only when they want to spend. Both of these uses are better for bitcoin than traders without the experience needed to stabilize the market. |
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If you're going to post gigantic images, at least put them on a server that isn't slow as fuck.
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Promising stocks kickstart sentiments today. We goona see new all time high bitcoin.  How's stock sentiment looking now? I poke fun, but I must say, your analysis has been much better recently. Just don't get too bullish or you'll miss the reversal when it comes. |
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So, coming back to bitcoin after at least half a year of forgetting about it. I look on intersango and see that it says that 1 BTC is around £50. I check on MT.Gox and it says the same thing...
When did bitcoin start being worth so much?!?
Check the exponetial curve upwards. "Clearly related" to the growth in BTC transactional value, or maybe to do with it's "gold backing" oh.... I think it grew because, people like you see it growing, hey it might grow to $200.... and sadly most people are optimistic and greedy. Optimism is fine, it's greed that is a problem. I guess it depends what one's optimistic about, if they're optimistic about bitcoins underlying value, I think it's dangerous. I think most people buying bitcoin at least inside accept it's speculation on it's value rising, more so than it having any real "value" to the hashes. The value of a Bitcoin lies not in the bitcoin itself, but in the transaction network the bitcoin allows you yo utilize. No other solution can send money to the opposite side of the globe so quickly or so cheaply. |
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