i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July. I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.
You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap. Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation. After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130. Not manipulation? This whole market is a manipulation circlejerk. This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs. I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation. Of course the smart people don't publicize their predictions, or at least not precisely. What a dick He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals). Noone is obliged to follow technical analysis But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin. The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently You must be extremely rich? It's not about me but about helping making our subscribers richer
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i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July. I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.
You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap. Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation. After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130. Not manipulation? This whole market is a manipulation circlejerk. This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs. I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation. Of course the smart people don't publicize their predictions, or at least not precisely. What a dick He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals). Noone is obliged to follow technical analysis But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin. The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently
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Teramining update
As previously stated, we have reached our final hash rate of 12.95Th/s. We ran at 83.22% PPS last week. Definitely not our greatest week, but you have to have the bad to have the good.
Gigamining Update
I have heard nary a peep from any other Gigaminers who would like to claim. If I do not hear anything by next Monday, Gigamining claims will be closed.
If you have a claim in process that has not been completed (aka paid) please contact me: james at gigamining dot com
Best, James
James, it is great that you remind people about the claims. Thank you for that. I am still waiting for an answer on my claim from qpage@mylawyr.com about the bitcoin payment address. Can you help out? thanks
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Bitstamp, 1. Do you plan to add your data feed to this free charting service, just like MtGox did a few months ago? https://www.tradingview.com/e/?symbol=MTGOX:BTCUSD# 2. Do you plan to hook your data feed and trading gateway to Metatrader, MultiCharts, NinjaTrader (BTC-e is close to adapting Metatrader) or any other charting&trading front-end of satisfactory quality? 3. Are there any plans on your end to sell your data feed to customers through market data companies like this? http://www.iqfeed.net/Thanks great ideas and questions
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GF's get boring too, then nothing ever happens with them also.
True. Some can even get expensive over time. Maybe it's time for a replacement? BTW mine keeps asking "what is happening with the Bitcoins?" Nice I want such GF too! Any tips? Make sure you have enough BTC where is her picture :-) ?
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does anyone have a source for bitstamp charts and orderbooks? the one on bitcoincharts.com does not work anymore
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You really succeeded in arbitrage? I tried, but the money comes too slow.
What do you mean by money coming too slow? You have to keep money on other exchanges and BTC on MtGox at the same time, so you can do the trades at the same time. If you can't do both trades at the same time, you are doing arbitrage wrong. I have money on both exchanges but what's the point if I cannot cash out the profit from Gox and with that profit buy more BTC at a lower price on Bitstamp? The only thing I can do is to buy coins at Bitstamp, send them to Gox and sell them at a "profit" that I cannot realize for weeks/months. When I realize that profit, I can buy way less BTC than I could have bought if I could have transferred the fiat fast (I'm assuming BTC is raising mid-term, as usual). Making a long story short, I will make some $$$ because I'm buying on Biststamp and selling higher on Gox, but I'm losing coins because when Gox's profits arrive and I want to buy more coins the price on Bitstamp is HIGHER than it was on Gox when I sold. That's makes arbitrage pretty pointless to me - and I guess than for many others too, otherwise there would be no constant and big spread between the exchanges. A less greedy solution is withdrawing BTC or if you have USD: buying BTC at mtgox and then in both cases withdraw all BTC from them. Those BTCs could then be put in safe storage and the risk of losing them is much lower than leaving them at Mtgox in my pov
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its a low sample size , but sentiment is bullish at 60%
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Some of this information is very sensitive and some is useless. E.g. oldest withdrawal in the queue.
In the real world, there are settlement limits, which range from T+1 (one day after the trade) to T+5, depending on what's being traded. When a broker/dealer fails to pay up within the time limit (it doesn't matter why) it's called a "failure to deliver", or a "fail". In the US, fails have to be reported to the SEC, and the data is available. Penalties have to be paid when that happens. Fails to deliver cash to customers are more serious. That results in a broker being closed down within days. Historically, financial scams come unglued when the scammer fails to deliver. that's great background. the only way that MtGox will change their behavior would be if most customers would leave them completely, trading volume falls below 1000 and then 100 BTC per day... but as long as so many people keep their funds there, they can carry on with this nontransparent communication
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definitely, LTC trading has gained more and more attention and there is much more room for litecoin trading volume to grow, and spreads to narrow
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Sentiment indicator confirms forecast.
The poll is reset again!
thank you for your votes
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new short term analysis issued to subscribers: Caution
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this is no ad, just a response to the discussions about short term forecasts
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Just like so many others sunnankar his timing is poor. His most bullish posts appear at tops. At bottoms he is silent here. At least since I follow him end 2012.
This is not emotional analyses, just empirical observation.
I like his interviews and it's thanks to him also that I started seeing and understanding bitcoin. I agree with his long term bullish stand, I criticise his short term poor timing here on the speculation forum.
RS, I'd like to gently pull seniority on you here. Sunnankar has been doing bullish posts since I joined early 2012, with BTC < $5. He's been bullish the entire time, which is consistent with a financial advisor, BTW. These guys and their clients are not day traders. There's no "bad timing" here. There's no timing at all. He's looking at a 5+ year horizon. In such case my criticism would be incorrect indeed. However Sunnankar his posts here on the speculation forum are short term predictions, like he did again in this thread, not long term ones. I think my criticism still stands and I will add a warning: be careful with his short term price predictions here, I remember he also posted similar short term bullish stories right before the collapse from $200 to $50. Long term his price predictions have been very good though and I highly recommend to check out his work to understand the true value and potential of bitcoin. very accurate short term predictions are available on https://digitalcurrencyresearch.com/
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these things take time, its going to take more than a few hours for everyone to hear the news, learn about bitcoin and buy some.
+1 There has been a constant stream of increasingly good news for a long time now. The amount of disgruntled people who got burned steadily decreases with rising price. Investment in ASICs become less attractive for coin-acquisition purposes and pretty old highs are being broken. Some bears are extremely pissed. I haven't been more bullish than today in a long time. Edit: Oh, and the exchange rate is in a healthy rise... No better add to be had. +1
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Seems to be behind a pay wall.
Yes, but its worth it The point is: you are claiming here that you predicted all this, but your prediction is locked up behind a $$ wall. No problem, but why proclaim your prediction here then? Copy/paste it, I would say, so we can have a discussion about it From mid July when prices were in the 90s: "First target is 104.17 $ on MtGox (preferably on a confirmed 3-‐day sustained move above 100 $), followed by a move back to the June high of 134.73 $".
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Stamp @ 129
I wonder whats the real cause of this new rally is. I hope its not fiat getting out of mtgox in BTC form.
the real cause are simply the technical bitcoin chart patterns as we predicted weeks ago in bitcoinbullbearSo where can we find that prediction then? www.digitalcurrencyresearch.comSeems to be behind a pay wall. Yes, but its worth it
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Stamp @ 129
I wonder whats the real cause of this new rally is. I hope its not fiat getting out of mtgox in BTC form.
the real cause are simply the technical bitcoin chart patterns as we predicted weeks ago in bitcoinbullbearSo where can we find that prediction then? www.digitalcurrencyresearch.com
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Stamp @ 129
I wonder whats the real cause of this new rally is. I hope its not fiat getting out of mtgox in BTC form.
the real cause are simply the technical bitcoin chart patterns as we predicted weeks ago in bitcoinbullbear
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i bought btc at $13-20 for the most part
it became more money than i had ever had so i panic dumped everything i had around $100 last month
i am trying to stay strong and wait for the next btc crash to buy back in, i do have some LTC but currently no BTC.
should i just gradually buy BTC and get back in the game or wait for the price to go down?
The bitcoinbullbear report covers bitcoin charts and bitcoin forecasts for all time frames. It gives you support and resistance values that you can use to protect your position. https://digitalcurrencyresearch.com/
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