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4501  Economy / Speculation / Re: All my friends now interested in bitcoin !! on: April 17, 2013, 03:19:47 PM
So I was talking about bitcoin many months ago when I invested.

Now everyone's coming back to me because they've seen it on the news and they're hooked!

This is why I still bought in at $95 cause it makes me think there's pressure for it to go up.

Especially now it looks like it's reached bottom.

Seen some huge purchases lately.

If we break through 100 I imagine a wall is going to form somewhere around 90, but I know that's a big if..

How the hell did you buy so near to an obvious resistance point ($100)? It's so clear you will be able to buy at least $10 cheaper ($85ish), why do you people like to give away your money?

Well, I guess that's where speculators make their profit.
4502  Economy / Speculation / Re: this is insane again on: April 17, 2013, 03:18:27 PM
Yep we are getting trapped all the way from 0.01$, 0.10$, 1.00$ etc...


BTW is there some shorting going on at clones of Bitcoinica somewhere? A short squeeeeeeze could be spectacular.


Really in the past six days you've bought at .01, .10, and 1.00?  Can I have the name of your exchange please?  I've been buying since $14 and bought at $71.  My only two sells ever were 20% at $103 and 80% at $230.  You guys need to stop seeing everything in bull/bear and start reading.  Your religion over Bitcoin is clouding your ability to comprehend and read.

At what point would you buy in again?

I said last week after the bubble burst a minimum of two weeks.  I did buy some at $71 last week because I hate not having coin and I do use them often.  I don't have a price point to buy in because the price is controlled by speculation and not value.  I'm still waiting to see if volatility will continue or if the price will stablize so another week may not be enough time.  I'm more likely to buy based on news about the adoption of bitcoin than a price point.  OKCupid has not be very focused on profit and does not give me reason to buy in today.

Well, I can bet we will have a lot of volatility mid term. I can feel the pain of the ones that have hundreds of thousands of $ blocked in the fractional reserve system of MtGox. It's easier to buy back the BTC to take them out from Gox, that sucks.
4503  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 17, 2013, 03:16:34 PM
In our plan, the auction of limited sample boards will have one round per week, and last for a few weeks. After we have enough feedback and information we will do with more quantity and revised designs. But don't expect our products to spread towards everywhere at least in the next month, because most of our next batch will be used for ourselves.

Not actual anymore?
Not confirmed yet.

this went waaay too high for 10GH
No, not too high especially when you compare to other offerings.  Smiley

Well, my condolences to the buyers of 10GH for 60BTC or above

And, of course: congratulations to ASICMINER shareholders Cheesy Cheesy Cheesy
4504  Economy / Speculation / Re: this is insane again on: April 17, 2013, 03:13:29 PM
Yep we are getting trapped all the way from 0.01$, 0.10$, 1.00$ etc...


BTW is there some shorting going on at clones of Bitcoinica somewhere? A short squeeeeeeze could be spectacular.


Really in the past six days you've bought at .01, .10, and 1.00?  Can I have the name of your exchange please?  I've been buying since $14 and bought at $71.  My only two sells ever were 20% at $103 and 80% at $230.  You guys need to stop seeing everything in bull/bear and start reading.  Your religion over Bitcoin is clouding your ability to comprehend and read.

At what point would you buy in again?
4505  Local / Hardware y Minería / Re: Subasta ASICMINER on: April 17, 2013, 03:08:30 PM
Yo puedo poner un porcentaje del equipo, si es necesario hasta el 50 %. Si a ti te parece viable, cuenta conmigo. Lo dejo en tus manos.

Oki. Yo hasta 40 coins puedo echarle, así que si no lo suben a más de 80, estaríamos dentro.

80BTC por 10GHs es una bestialidad - no quiero incordiar, ¿pero estáis seguros de lo que hacéis?
4506  Economy / Speculation / Re: this is insane again on: April 17, 2013, 03:00:36 PM
Its up from yesterday and everyone will agree with that. $93 to $89 is an laughably short time period, minutes. It could easily be beyond $93 in a couple minutes but that wouldn't make me right either.  A real bulltrap would be if we started drastically falling now and eventually lower than $50 to fully confirm. I would call that a bulltrap because it would be one. All of those other points you put black dots on were always hitting the upper line of their downward channel that had been falling downward for days, lower lows, lower highs, clearly going down. Every time it hit that line the price would grind along it, never breaking. Always down. The reverse is happening now and we will see what plays out.

Well, some things are true:

- we have already seen MASSIVE sell offs in the last few days. All time high, +500K coins in one day!!
- buying BTC for the first time is slow. Massive queue at Gox, 2/3 days waiting for the money to appear there. So, there's still a lot of fiat in the system
- making fiat enter Gox is much easier than leaving Gox.
4507  Economy / Speculation / Re: this is insane again on: April 17, 2013, 02:56:37 PM
Nice times to rake some profit daytrading. Never did that actively, but its very profitable indeed Cheesy


Been daytrading for over 15 years and I have to say I have yet to see anyone get rich at it.  Lot's of guys who made a quick million and then lost it all though.  You can't predict a panic sell off and can easily lose weeks of profit in one day.  Anyone who replies claiming to be getting rich on Bitcoin daytrading please show us your statemtents and continue to show them from now on.  I doubt you will see this.

Yeah, I agree with you... It's just that my strategy was always "buy and hold + spend some to support BTC economy", and this last two days I have being buying after big sell offs and selling after aprox. 10% increase in price with perfect results so far... And is profitable because that is happening almost every couple of hours Cheesy

I did that just because I was jealous everybody writing "I doubled up on the crash", etc... But I know this is not the strategy for me, I'm just trying to increase a bit my stash of fresh fiat that arrived to Gox precisely the day of the dropoff to $105 from $266, while waiting for one big crash to buy BTC with it and forget about it.

I was hoping that $32 was the best moment to use that fiat, now I think I should have bought at around $55. What would you think is a good entry point, as a daytrader?
4508  Economy / Speculation / Re: this is insane again on: April 17, 2013, 02:55:52 PM
Nice times to rake some profit daytrading. Never did that actively, but its very profitable indeed Cheesy


Been daytrading for over 15 years and I have to say I have yet to see anyone get rich at it.  Lot's of guys who made a quick million and then lost it all though.  You can't predict a panic sell off and can easily lose weeks of profit in one day.  Anyone who replies claiming to be getting rich on Bitcoin daytrading please show us your statemtents and continue to show them from now on.  I doubt you will see this.

Yeah, I agree with you... It's just that my strategy was always "buy and hold + spend some to support BTC economy", and this last two days I have being buying after big sell offs and selling after aprox. 10% increase in price with perfect results so far... And is profitable because that is happening almost every couple of hours Cheesy

I did that just because I was jealous everybody writing "I doubled up on the crash", etc... But I know this is not the strategy for me, I'm just trying to increase a bit my stash of fresh fiat that arrived to Gox precisely the day of the dropoff to $105 from $266, while waiting for one big crash to buy BTC with it and forget about it.

I was hoping that $32 was the best moment to use that fiat, now I think I should have bought at around $55. What would you think is a good entry point, as a daytrader?

4509  Economy / Speculation / Re: No good reason for the wall at 100 on: April 17, 2013, 02:47:13 PM
Before the crash, I'd agree, but now I'm guessing lots of people are cutting at $100 to either break even or escape with profits. Lots of people bought in at $100 and since the crash they will want out and selling at $100 is most peoples breakeven point.

Lot's of psychological resistance / breakeven points from now on:

$100
$130
$160

Expect extreme volatily in the short/mid term.
4510  Economy / Speculation / Re: this is insane again on: April 17, 2013, 02:45:38 PM
Nice times to rake some profit daytrading. Never did that actively, but its very profitable indeed Cheesy

I'm still quite bearish, but the truth is that the last 2 days we had a HUGE selloff. Hundreds of thousands of coins per day. It may be true that panic sell is now over, and now the fresh fiat entered in Gox is pumping up the price again.

I don't think that in 2011 Gox had this massive increase in verifications, this may no te be over. I guess more big sell offs could happen at around $130, $160 and $200ish

What I can guarantee is that we are approaching a period of extreme volatility, even by BTC standards.
4511  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 17, 2013, 02:40:53 PM
When ORSoC confirms their involvement in this project, it will have gained a lot of confidence.

They already confirmed. I spoke with their CEO.
4512  Local / Mining (Italiano) / Re: Gruppo d'acquisto ASICMINER Erupter Shade 12GH/s on: April 17, 2013, 01:28:39 PM
Guarda i prezzi:

Quote
bitsalame   BTC60
JHenderson   BTC53
JHenderson   BTC53
JHenderson   BTC53
Oshero   BTC52
dogie   BTC51
dogie   BTC51
GreatBug   BTC50
LainZ   BTC50
afro25   BTC50

Ancora convinto del fatto che valga la pena partecipare? Le azioni di ASICMINER hanno radoppiato il suo valore OGGI alla luce del margine assurdo che avranno con la vendita degli "Erupter Shade".
4513  Economy / Economics / Re: GOX: Withdrawing funds on: April 17, 2013, 01:12:24 PM
I guess there is so much fiat in Gox's order book ATM because of the difficulty of withdrawing big quantities of FIAT from MtGox.

Everybody is speaking about the newborn BTC millionaires - well, I wonder how many of our fellow forum members have tried to withdraw something like $1M from MtGox, I can bet it is a pain in the ass
4514  Local / Mining (Italiano) / Re: Gruppo d'acquisto ASICMINER Erupter Shade 12GH/s on: April 17, 2013, 01:09:26 PM
I prezzi dell'asta di ASICMINER sono uno sproposito, pagare al meno 35BTC pero 10/12GHs è veramente troppo soprattutto considerando che non hanno specificato nell'OP quando saranno spediti ai clienti.

È come pagare un Avalon che ti arriva tra un mese 220BTC, roba da matti.

Secondo me è assurdo partecipare all'asta pensando al ROI, serve solo se uno ha voglia di avere in casa un pezzo da collezione.
4515  Economy / Scam Accusations / Re: Find Trendon Shavers in person thread... [BTCST, BTS&T, pirateat40] on: April 17, 2013, 11:31:01 AM
The guy run out with at least 500KBTC and no legal action will take him down.

I thought there would have been more effort in finding him and making him to pay back. Bad case for the future, scamming millions of dollars to bitcoiners is free Sad
4516  Bitcoin / Development & Technical Discussion / Re: Vulnerability found that affects privacy of miners, including Satoshi on: April 17, 2013, 11:19:35 AM
Sergio: you are brilliant.

Thanks for your work!
4517  Local / Hardware y Minería / Re: Subasta ASICMINER on: April 17, 2013, 10:19:04 AM
Estoy de acuerdo con aTg. La subasta se está disparando y el precio por GHs empieza a ser un disparate.

Además no se comprometen a ningún fecha de entrega, aunque han dicho en el hilo de ASICminer que no venderían unidades hasta que estuvieran 100% listas para el envío no lo especifican así en el OP, de hecho utilizan palabras un tanto ambiguas: "subasta experimental", "sólo para recoger críticas y testar el pulso del mercado", etc.

Creo que lo ideal para la comunidad sería seguir trabajando en un esquema "DIY" como ha empezado a hacer aTg en el post "Avalon DIY". Así cada uno podrá comprar los chips de Avalon (directamente a ellos o a un revendedor que acepte cantidades más pequeñas) para hacer sus propias unidades con esfuerzo y cariño. Personalmente me parece apasionante aprender crear tu propio minero, es algo que tiene un valor que va mucho más allá del mero beneficio económico.

4518  Economy / Service Discussion / Re: How I got robbed of 34 btc on Mt.Gox today on: April 17, 2013, 10:05:26 AM
Every Mt. Gox 2f user knows Mt. Gox requires 2f again when a withdrawal is performed  Roll Eyes

Thanks, I'm not a Mt. Gox user and I didn't know.

Well, the whole point of 2fa is that you need a ONE TIME PASSWORD that changes every few seconds. You don't need to be a MtGox user to know that, because that's how OTP and 2FA works everywhere.
4519  Economy / Speculation / Re: Market sentiment poll - did we see the bottom ($50 at Gox)? on: April 16, 2013, 10:16:28 PM
Proudhon, may I ask what changed in two days to make you so bullish compared to two days ago?

One example:

Quote from: proudhon
I'll keep posting these until everyone understands what it means.  It answers the question in the thread title.



So, yes, lots of people know about bitcoin, but enough people who know about them and own some don't want them anymore.  The ask depth on MtGox is the highest it's been in 6 months and is a little more than 5x what it was just before the crash.  People were fooled into thinking the supply of bitcoins was low relative to the demand.  It isn't.  And over time we'll see the price reflect this fact as more and more people internalize it.  We will see low double digits, and when people get sufficiently off-put by that, we'll see the price collapse into the single digits.

No more single digits?

Maybe you bought some at $50 and now feels bad?  Roll Eyes

That would be epic for bitcointalk's most famous permabear
4520  Economy / Speculation / Re: I predict the bottom to be $20 (price right now $72) on: April 16, 2013, 10:00:18 PM
In the past we went from $30 to $2, that is a factor of fifteen decrease. It was sparked by a hack at mtgox, but even before that the conditions were ripe for a bubble pop.


The 2011 bubble burst more than a week before MtGox was hacked.

See: http://www.bitcoincharts.com/charts/mtgoxUSD#czsg2011-06-01zeg2011-06-30ztgSzm1g10zm2g25zv

Where do you guys get your facts? At least take your time to check them.

And BTW, blaming this years pop on MtGox is similarly laughable. Bubbles pop, full stop.
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