I've decided to trade only with bots now. Can't bother thinking on my own anymore, outcome might not be as good, trades less accurately timed but some life should be enjoyed too.
Good idea. My life has been so much better since I started using Holdbot. I check on it periodically to make sure it's doing what it's supposed to, and it's still never moved a single coin from my wallet to the exchange. I almost googled for HoldBot  |
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30,00$ Rally?  as much as -30$ makes you giddy about 500$ coins  |
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I've decided to trade only with bots now. Can't bother thinking on my own anymore, outcome might not be as good, trades less accurately timed but some life should be enjoyed too, I'm sick of watching the price all the time.
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final capitulation approaching ??
yeah, 26th final one in last month |
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Any idea when it will go out of beta?
I had to try it, and actually it works already. I made an account, deposited with credit card and bought some BTC "stocks", very painless process. If it is beta, it doesn't mean it is not working  Works fine. The price is from MtGox it seems, so quite high. Yes, it's Gox. The worst part for me is that orders are going through once a day only so you don't have idea at what price you're going to buy/sell. |
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Any idea when it will go out of beta?
I had to try it, and actually it works already. I made an account, deposited with credit card and bought some BTC "stocks", very painless process. If it is beta, it doesn't mean it is not working |
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EToro launched it like 3 weeks ago, and I opened a thread here about it like 2 weeks ago was it live or private beta? I do remember reading about it but I don't recall it being live or not These are contracts, no actual coin is being bought. yep, that's right, you can't withdraw coins and orders are executed once a day. Not an ideal but hopefully will bring more volume once it goes out from beta and more people learn about it. |
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EToro launched it like 3 weeks ago, and I opened a thread here about it like 2 weeks ago was it live or private beta? I do remember reading about it but I don't recall it being live or not It was beta when I saw it, don't think it was private, never got an invitation. |
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EToro launched it like 3 weeks ago, and I opened a thread here about it like 2 weeks ago |
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Man I wish this big dump happens finally, TERA looks desperate (as all charters after seeing charts mean heck all here are) I might take few coins then too.  I hope so too so he can rub it in your face EDIT: YOU ARE BEING SO MEAN TO HIM Yep, I'm mean man No, you don't hope him to rub it in my face, you hope because you sodl And don't you worry about me, I have some stuff to catch it all the way down. It's just getting boring seeing someone going bearish and admitting defeat twice a week, and all that while sounding like he has some reasoning for his stuff |
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Man I wish this big dump happens finally, TERA looks desperate (as all charters after seeing charts mean heck all here are) I might take few coins then too. |
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Fucking China, will it ever stop doing mess with Bitcoin.
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Arepo, that's exactly why I said that you had loads of bullshit calls back in April. You're acting on completely same way despite your new "indicators". "We're going up/down in next 8 hours. Nothing happens in next 48 hours.. UPDATE: we stopped going up/down." No shit Sherlock? All you need is o start another service and it's going to be same as April |
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Anybody know Baidu's total bitcoin sales?
Less than 1 BTC, I think. |
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China was not the primary mover from $110 to $1242
It is evident that all the markets, including China, have been tied together to this day. Since its volume is 5x that of any other market, its is a reasonable guess that it is the elephant that is dragging the dog rather than the other way around. Whoever is the leader, the reaction on the others is very quick. Perhaps one can tell who is the leader by looking at the minute-by-minute trade data. (Methinks that it does not matter whether the Huobi volume is due to humans or robots. Manual day traders generally use "dumb" strategies that make them behave like robots, only slower ones.) Much of chinas exchange volume was non-Chinese. And much was fake |
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Because nobody knows what the price is without China. China is responsible for the entire rise from $110. The silk road crash ended when China started buying. There are people who think even that the silk road crash would have continued lower without China, below $110, maybe all the way back to $60. Then China brought the price all the way up to $1250. For the past 3 months every exchange has simply followed the Chinese price like a slave. Now every time there is bad news the price just drops like a rock without any resistance. Then the price recovers because China started buying again - every time. People think "oh now China news has been factored in" but it hasn't. I STILL observe all exchanges following every movement of China like a salve - it is wired into all the bots and the strategies of all the traders - like an automated process. Anyone who thinks China isn't still leading is fooling themselves. So what happens if China is removed from the equation completely? Nobody knows where the drop would end, where real support on other exchanges would kick in, and what the true value is without China. It is some variable anywhere from $90 to $900. It is a mystery. Sure the news adds value but from what basis? Let's say overstock adds $50. $900 + $50 = $950. But also $90 + $50 = $140. Nobody knows so they are cautious.
A lot of your analysis is very good, but this is seriously off-track. China was not the primary mover from $110 to $1242, it was SecondMarket and other investor/financial/Wall Street types tailgating on their initiative, plus the Vancouver ATM news. China added fuel to the fire. Say that China was 40% of the rally. Well, China is not going to zero, even after all the controls are in, it may contract 50%. So that leaves 80% of the mega-move intact. Then add Overstock, enthusiasm in LATAM countries, etc. The $800 level looks solid unless there is some seriously bad news like a major Western government trying a dumb "banning" stunt. And Silk Road crash went all down to 70$, lasted for few hours only and recovery had heck all to do with China. |
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My dirty secret is that I actually have Bitcoins at all times, no matter how doomed Bitcoin may be.  Well, looking at your activity number, you'd be pretty retarded if you don't cause bitcoin probably made you rich, you should be grateful and have some even if it goes to cents. |
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Eh, Blitz is alright in my book. "Occasionally insightful, mostly mild troll" would be my characterization of him (or her). Plus, he's a mod, and hell have I seen mods letting their "power" get to their heads, and it seems he doesn't do that. Good guy, good avatar, AAA+++ would do business again.
Mods are generally good here and don't come close at abusing their power. I had some huge fights with some mods here, I was all except moderate in fighting them, never had a single problem with that. It's one of the most liberal moderated forums I've been on. |
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It might not have been 125, that was just a guess, but you are a documented butthurt bear.
How does that even work if I profited off every single Bitcoin bubble to date and even ended up outperforming them? I could make up stuff about your history as well, yet I refrain. Who is the real butthurt resorting to fictional ad hominem, I wonder? The truth is, anyone who has a non-permabullish stance will constantly be attacked. And that is why I find it much more fun to post when it upsets the majority of people here. I was the opposite back in Winter 2011 and had fun with the permabears the same way. No, it wouldn't, there are loads of people who are not permabulls who are not attacked, I am not even close to being permabull and I was never attacked for being like that. I was advised to not day trade, that's true, but never attacked for not thinking it's going to be million in a month, probably because I don't make extravagant calls like you regularly are and don't fail in trolling attempts, couldn't give a shit about making people to do something for me on the market, I make decisions when they already decide to do something on the market. Problem is that you had some retarded calls this summer, called near the end of Bitcoin, 2011 all over again, bla-bla-bla, price went up like 2000% in few months after that, has great support on some 1000% up of your "bitcoin is doomed" summer period and you still talk the same bullshit about 2011 etc, etc, etc... I actually don't mind walsoraj, he is troll but funny, cynic and intelligent one, I always liked people who could put all of those three in their trolling, it's fun. But you're miles from him because you look like you really believe in nonsense calls you are making. |
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Blitz, buttheart since summer 2013 I'm a bull at times, but people never notice because it is drowned in a sea of madness. I was bullish @455, and I was bullish for the majority of the bubble. Go look it up. Good night, and 324. Of course we don't notice it when you barely post in strong uptrends but can't stop rambling otherwise. |
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