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361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2015, 10:24:13 PM
Saw this one coming:

So the rally went all the way up to $500. Incredible stuff. The trading volume has been insane, especially on Huobi and OKCoin.

Rumors are the triple M ponzi company was involved. I am not sure what to believe.
Anyway this price increase was definitely fueled by a lot of short positions getting liquidated on margin.

Going forward, I would suggest selling your coins while you are ahead:



Best of luck to everyone. Happy trading.

(BITCOIN PRICE INDEX $370.48)
362  Economy / Speculation / Re: [Trading Simulator] A fun & free Speculation Game - SWITCH TO BPI ON JULY 15 !!! on: November 10, 2015, 09:47:59 PM
buy @ 335.14
363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2015, 09:33:38 PM
364  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2015, 09:32:19 PM
MMM ponzi company involved in this dump?
365  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2015, 09:29:21 PM
350 broken
366  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2015, 09:10:36 PM
I think $350 will break because Bitfinex can't "decide" to just stay above it.
They are always following, never leading.
367  Economy / Speculation / Re: Morecoin analysis [bitcoin/USD market observations] on: November 10, 2015, 07:48:37 PM
There has been discussion recently that some Chinese investors are seeking out bitcoin as China's currency has struggled and the government has made it harder to move money out of the country.

Mr. Lee, CEO of Chinese Bitcoin Exchange BTCC, said he was not seeing much of those sorts of transactions. But he said he had seen signs that Chinese investors were using bitcoin to move money into an international investment scheme: MMM Global.

Sergey Mavrodi, founder of the МММ series of pyramid schemes, confirmed to the Financial Times that his projects are actively using bitcoin. Allegedly new members of MMM Global have to buy bitcoins to join the scheme.

Here is the interview with Mavrodi:
"I'm no crook," declares MMM scamster, while claiming credit for the Bitcoin price spike.

(BITCOIN PRICE INDEX $352.96)
368  Economy / Speculation / Re: Mmm global on: November 10, 2015, 07:14:38 PM
The plot thickens.
369  Other / Off-topic / Re: Lets play a game of Chess on: November 10, 2015, 06:10:00 PM
today i lost one game of chess playing with my friend so sadly

I don't mind losing as long as I learn something from the game.
Sometimes you win, sometimes you learn. Smiley
370  Other / Off-topic / Re: Lets play a game of Chess on: November 10, 2015, 03:44:48 PM
I don't like this opening so far. I always go for the Grunfeld defense when I play black.

I like playing the Grünfeld Defence when I get the change against 1.c4 and 1.d4 too. What opening do you prefer against 1.e4? The Sicilian?
I also like the Sicilian Defence preferable with d6 and Nf6.

b5: 7 votes (Hueristic, galdur, hermesesus, languagehasmeaning, boolberry, swogerino, actmyname)
d6 2 vote (Morecoin Freeman, mammut)

I vote for d6

It opens up the possibility to pin his knight and that pin could not be resolved without giving us time for one additional move
Yes, this is the best move in my opinion. Defending e5 as well.
371  Other / Off-topic / Re: Lets play a game of Chess on: November 09, 2015, 10:15:18 PM
I don't like this opening so far. I always go for the Grunfeld defense when I play black.
Right now, as things stand, I would play d6 to defend e5, but I have never played this position before.

b5: 3 votes (galdur, hermesesus, languagehasmeaning)
d6 1 vote (Morecoin Freeman)
372  Economy / Speculation / Re: 11 bidders on the SR auction on: November 09, 2015, 04:25:48 AM
Any thoughts?
lol user kwukduck the biggest fraud on this forum
373  Economy / Speculation / Re: BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. (0/100 COMPLETED) on: November 09, 2015, 02:35:21 AM
I am not here to bust your bubble, but honestly your approach is not very good. Betting on random alt coins will only get you so far. Most likely you will lose money.

I trade bitcoin/USD for a living (see here: https://bitcointalk.org/index.php?topic=1024633). I am far from being a millionaire though. I get by, but trading is not all fun times like in the movies. This is extremely stressful business and not everyone can survive.

My suggestion for you is to follow and learn about one or a couple of specific markets. Learn to analyse and trade them accordingly.

See if this works out for you with a small amount of money first. Most people will not make it. But if this is something for you, then, MAYBE, you will become a millionaire at some point in time.

To sum this up: Only a systematic approach will yield results.
374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2015, 01:44:24 AM

what happend to adam? was he kidnapped or something?

Adam is our newest addition to Team Bear.
375  Economy / Speculation / update: 11/09/2015 on: November 09, 2015, 01:13:22 AM
So the rally went all the way up to $500. Incredible stuff. The trading volume has been insane, especially on Huobi and OKCoin.

Rumors are the triple M ponzi company was involved. I am not sure what to believe.
Anyway this price increase was definitely fueled by a lot of short positions getting liquidated on margin.

Going forward, I would suggest selling your coins while you are ahead:



Best of luck to everyone. Happy trading.

(BITCOIN PRICE INDEX $370.48)
376  Other / Off-topic / Re: [POLL] Do you wash your hands after you go the the bathroom ? on: November 08, 2015, 11:30:30 PM
I wash my hands all the time. I have Mysophobia.
377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2015, 11:13:11 PM
New weekly candle in 50 minutes. This one will be colored red during the week.

You can quote me on this. Please do so.
378  Economy / Speculation / Automated posting on: November 08, 2015, 10:20:42 PM
- test -
379  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2015, 09:54:10 PM
Every time you win, someone else loses.
380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2015, 09:42:49 PM
This is it.
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