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381  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 12:48:18 AM
You do realize that now and for a long time from now bitcoin system will still be "creating money out of thin air".  

And the US debt ceiling is just as rigid and final as the 21 million Bitcoin ceiling, right?
382  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 12:36:23 AM

Someone needs to make this forum engrish idiot proof. I long for the says that BCTalk had a hold on new registrations. (this is not necessarily directed at you)

Fixed.

PS. Not necessarily directed at you  Wink
383  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 12:33:05 AM

3) endorsed by things they trust: banks, govts, large companies.


Sad state of affairs...
384  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 11:45:38 PM
Don't know whether to sodl or hodl? The answer is always: buy more Dogecoin.

To the moon!
385  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 10:13:08 PM
So how will the price move between now and january 1.?

I think pretty stable at current price.
386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 09:38:25 PM
Big egoes clashing. Such impressive!
387  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 09:23:56 PM
When decising whether to sell or not - just calculate the probabilities. For example, if you give a probability for crash 20 % - then simply sell 20 % of BTC-holdings.
If you give a probability of 50 % for crash, then sell 50 % of your stash and by this way actively manage your BTC-holdings.
When you give a probability for rise 20 %, then buy with 20 % of your disposal cash.

By this way, you will be richer than the average BTC-holder. Risto is trading because he is beating the markets. This is why I rather follow him than anyone of you who just advice "hold hold hold no matter if it crashes tomorrow - just hold like an idiot".

No, if it crashes tomorrow with 100 % - I will sell 100 % of them right now - give me even one reason why I shouldn't do this?
I gave 90 % probability for drop and sold 90 % of my BTC-holdings and I will rebuy them with discounted prices. If I am not able to do that, I am still happy with the dollars that I made with BitCoins. Then I will leave the stage with a handful of cash and only 10 % on the initial BTC-holdings.

In any case, buying high and selling low is not advisable!

In my socialist country, tax deduction for losses actually outweigh profit on gains after tax. Therefore I always buy high and sell low.

Oooopsie!!! You got me there!!  Cheesy Wink
Which country might that be?

Norway. And I might have been exaggerating just a tiny bit  Wink 
388  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 09:16:29 PM
When decising whether to sell or not - just calculate the probabilities. For example, if you give a probability for crash 20 % - then simply sell 20 % of BTC-holdings.
If you give a probability of 50 % for crash, then sell 50 % of your stash and by this way actively manage your BTC-holdings.
When you give a probability for rise 20 %, then buy with 20 % of your disposal cash.

By this way, you will be richer than the average BTC-holder. Risto is trading because he is beating the markets. This is why I rather follow him than anyone of you who just advice "hold hold hold no matter if it crashes tomorrow - just hold like an idiot".

No, if it crashes tomorrow with 100 % - I will sell 100 % of them right now - give me even one reason why I shouldn't do this?
I gave 90 % probability for drop and sold 90 % of my BTC-holdings and I will rebuy them with discounted prices. If I am not able to do that, I am still happy with the dollars that I made with BitCoins. Then I will leave the stage with a handful of cash and only 10 % on the initial BTC-holdings.

In any case, buying high and selling low is not advisable!

In my socialist country, tax deduction for losses actually outweigh profit on gains after tax. Therefore I always buy high and sell low.
389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 09:10:59 PM
700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.

Yeah its such a crash. On a Saturday. When has this happened before?

Wake me up when we are below 550 on Gox today.

Why U so passive agressive? Hodling too much gas?
390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 09:07:06 PM
700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.
391  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 08:43:39 PM
unlimited money - just sell high and buy low - why isn't everyone a trader?

But what to do if yesterday's high is today's low?  Wink
392  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 08:36:56 PM
Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  Cool

How many bitcoins did Rpietila pay you to write this crap up? Rpietila made money because he's been into bitcoin for quite a while. Hard to not make tons of money during the past year unless you're an idiotic permabear.


Bulls are not buying significiantly more coins - so the only way to get more demand for the coins is the changing behaviour of bears.
The bears will not change => BTC will crash and the bears change their views.
In my opinion, it is idiotic to be permanent bull. Rpietila has sold his bitcoin holdings (a part of it or even the whole position) so it is smart to convince him to rebuy the coins even higher prices - I think you are not going to succeed.
I am following the money so I need to follow Rpieitila's movements and trades if I can learn also and make some real cash in the side.

Rpietila, you can donate some coins in case you even have them at these levels any left...  Wink


You are either a pretty weak troll or suffer from some pretty serious retardation.
393  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 08:11:13 PM
Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  Cool

Sounds like legit advice.
394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 06:25:46 PM
Shocked Shocked Shocked weak bounce, last time to sell!!

Buy now and make a strong bounce!

You make your own destiny!

Whales maybe.
395  Bitcoin / Bitcoin Discussion / Re: Do you really think governments will allow a 500 billion dollar crypto-economy? on: December 28, 2013, 03:58:05 PM
If governments keep losing their legitimacy at the current pace, we will probably reach some kind of critical mass soon, where the population no longer believes the best advice is coming from their governments. In such a world Bitcoin can survive even in the face of a massive government effort to ban or destroy it. It might even become the vehicle for a new way of organizing our societies. The current paradigm is coming to an end. National states as we know them is not necessarily something we will have in 10-20 years.
396  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2013, 01:49:35 PM
You just don't have the balls to hodl.


I have 3 btc holdings.
1: Mining -> steadily increasing -> nothing sold and won't sell anything
2. Speculation -> Selling high, buying low -> can afford to lose all
3. Hodling -> paper wallet -> won't sell anything below 10000$, then start partially selling (btc amount % decrease, so I'll ever hodl some amount, even if btc reaches 1 billion dollars)


I'm still convinced that if nobody used btc to buy drugs, pizzas or anything else, we wouldn't be here. Only hodling doesn't help.
It work probably for the small hodler with 0.01 btc, because he doesn't have a significant influence on the market. These people (or more likely kids) are dreaming of cars and girls ... they are just scumbugs trying to profit without doing anything. Like parasites.

Cool story bro.
397  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2013, 10:02:21 AM
Huobi says 750 begone!
398  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2013, 09:37:35 AM
Yet, I'll keep on holding Smiley

FUCK YOU AND YOUR HOLDING, YOU NEED TO HODL MOTHER FUCKER!!!!!!!!

GRAB YOUR BALLZ AND FUCKING HODL!!!!!!!!!!!!!!!!!!!!

The mix of 10 inch coke lines and Bugatti catalogues is doing its job it seems  Cheesy
399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2013, 09:08:38 AM
we're overdue for a dump according to my research..

img

... it won´t come before chinese golden week / new year

That's not gonna be a dump, but a golden shower.
400  Local / Skandinavisk / Re: [ANN] Justcoin · Norges første Bitcoin-exchange on: December 25, 2013, 03:08:53 PM
Been trying to buy some btc since yesterday, and still no transactions?

That means your bid is too low my friend Smiley
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