Did you just keep putting in random numbers for the SMA until you saw something interesting?
I sure did. It's probably rather unscientific  However, every market has its own unique SMAs... the 200 clearly doesn't work with the Bitcoin market. Read up on "overfitting" and you'll understand why this is a bad idea. |
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The solution to oil has nothing to do with drilling for oil. The solution is Natural Gas. We are capping wells we've drilled because too many were drilled the prices have dropped. Gasoline engines can be quite cheaply converted to run on natural gas. We have enough gas to drop oil demand, and all it would take is a small tax credit program for conversions.
If we could convert to natural gas on just tax credits, I would be impressed. A vehicle can be converted for $300 in parts. Enough people have gas lines to their home to get the vehicles on the road. Once there are vehicles on the road, gas stations will start carrying natural gas. Canada and Europe already have many natural gas powered vehicles. We're lagging here. The economics are there, it just needs a small nudge in the right direction. Now I am really impressed. I will certainly be researching this. How abundant and affordable is natural gas? Thanks! has some good info. It looks like there are some regulations that add a premium, so in addition to the $300 in parts, there will be the labor and the regulatory burden. |
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The solution to oil has nothing to do with drilling for oil. The solution is Natural Gas. We are capping wells we've drilled because too many were drilled the prices have dropped. Gasoline engines can be quite cheaply converted to run on natural gas. We have enough gas to drop oil demand, and all it would take is a small tax credit program for conversions.
If we could convert to natural gas on just tax credits, I would be impressed. A vehicle can be converted for $300 in parts. Enough people have gas lines to their home to get the vehicles on the road. Once there are vehicles on the road, gas stations will start carrying natural gas. Canada and Europe already have many natural gas powered vehicles. We're lagging here. The economics are there, it just needs a small nudge in the right direction. |
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The solution to oil has nothing to do with drilling for oil. The solution is Natural Gas. We are capping wells we've drilled because too many were drilled the prices have dropped. Gasoline engines can be quite cheaply converted to run on natural gas. We have enough gas to drop oil demand, and all it would take is a small tax credit program for conversions.
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I can get you Jackfruit seedlings, but not seeds. Price would be 5 BTC per seedling. Seedlings will grow into mature trees and will begin bearing fruit in 3-4 years. You have to be patient with trees. Shipping starts at 3 BTC for one and increases by 1 BTC for each additional seedling. They can fit in a 1 gallon pot when delivered, but will probably outgrow that in the first year. I don't know where you live, here is climate info: "The jackfruit is adapted only to humid tropical and near-tropical climates. It is sensitive to frost in its early life and cannot tolerate drought. If rainfall is deficient, the tree must be irrigated." |
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I agree with the OP. Bitcoin is Bitcoin though, nothing is certain, but I would not be surprised at all if we never see below $5 again (with the exception of Bitcoin failing entirely for some reason). The support at $4+ after such bad news has been so impressive that going below $5 now would be very strange.
My predictions have been spot on recently. I anticipated that $5 will be a difficult psychological barrier and that it's only a matter of time when we break it. The support at $4+ has been so impressive in my opinion. Very interesting to see how the market behaves now though, will this boost confidence and lead to a bigger breakout or will we stall at low fives.
It's becoming obvious to everyone that Bitcoin has grown to be significant enough to support $5 but the question is can it support $6 and beyond at this stage. I guess we'll see in the coming months.
I whole shitload of resistance just became support. A wise bear knows when to lick his wounds. |
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I have a surplus of mung beans and cilantro seeds (coriander). Both are great for either planting or eating. I can have just about any (legal) seed or plant mailed to your door, so just ask if you're looking for something to plant this spring.
Pricing:
Mung Bean: 0.25 BTC/2 oz, 16 oz available
Cilantro Seed: 0.5 BTC/50 g, 200 g available
Buyer will pay actual shipping costs. For most seeds, shipping will be inexpensive, but for trees and shrubs it can be consequential.
Listed items can ship within 2 business days. Special request may take up to 4 weeks. Make sure you include a time limit with your request if you must plant in less than 4 weeks.
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ok, i've been holding off on saying it kuz i figured someone else would..... WTH IS UP WITH ALL THESE PROPAGANDA TOPICS  It's the speculation subforum... what else are we supposed to put here? |
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I was just going to ask... I missed it..  Don't worry if you missed the initial surge, it is a lot better than being short into it if you decided to guess. Just follow chart (88). It is a pretty good rough estimation into the price action we should expect. Premium members: I hope you have some orders in already at our targets if you are long, and if you are still waiting to buy, remember what I said would happen at each of the target areas. Do not chase!  So purple until we get to the purple/green decision? |
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So far this has been the only prediction/observation in quite a while that has proven to be correct for more than 1 day.
I've been harping on the "no up until we see more down" train for the past few days... That hasn't been proven wrong yet. Well, now I have. My short position was proven wrong too  take this as a good learning experience since you probably understand 'now' why I said to wait for the trend to present itself...preserving capital is always going to be more valuable than betting it all on a guess and winning 'sometimes'. Everyone has to learn this the hard way. Yeah... I only got into that short on a fat finger, I was just hoping it would work out (<-- also a mistake). I should have closed for a 1/3 the loss when I had the chance. |
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So far this has been the only prediction/observation in quite a while that has proven to be correct for more than 1 day.
I've been harping on the "no up until we see more down" train for the past few days... That hasn't been proven wrong yet. Well, now I have. |
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So far this has been the only prediction/observation in quite a while that has proven to be correct for more than 1 day.
I've been harping on the "no up until we see more down" train for the past few days... That hasn't been proven wrong yet. |
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The shorts below 5 $ are a great bait for bulls, if they decide to take it...
Perhaps you are right but then...let's wait and see....  Except there is lack of short positions on bitcoinica. https://www.bitcoinica.com/pages/interestIf someone want to hunt for leverage, there is only one way: down. You misunderstand... They certainly have more bitcoin reserves than dollar reserves, but those numbers don't tell you much about the positions people have taken up without knowing how much of each currency is on deposit. I suspect they simply have a lot more bitcoins than dollars that have been deposited. |
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We are going up.
Then down, then up, then down, then down, then up, then down, then up, up, up. |
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In weeks, months or years to come, when everyone has forgotten about what went on in this 10c price rise, people will look back and say "oh look it was another test of the $7.20 down trend line that failed" or something. It did, however stop the price from immediately eating away at the bottom trend line, which was imminent. For someone who is probably heavily long, knowing what the charts mean if it broke $4.80 at this point, getting the price up was tantamount, using any means necessary. This is always the risk when you trust someone.
The information now made available to you all through this act, is that $5.00 is not going to happen with the volume that the people who act on such information are ready to put out (at least not today). The next question, is then "what is everyone else waiting for?" Perhaps they're leaning south, and needed another test of $5.00 to confirm it...or perhaps they just haven't checked it yet.
I used that information strengthen my existing short, based on my own analysis. If I'm wrong, so be it, I'll salvage what I can just like in any other situation, and of course I won't use my full reserves on a hunch.
+1 Like I've been saying, we need to take a dip before we take off if we want to solidify up as the new long term trend. I believe this is in the interest of the majority of the market, but I won't wager anything close to my entire stack on that. I wouldn't mind riding it up and shorting from higher while we correct. |
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Holding out for the 3-11-12 update eh?  +1 |
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this is a great idea and even better linking it to Gavin's proposed foundation
Many thanks to you both, I'm picking up very positive vibes that the universe or whatever wants this to go ahead & enabling Gavin's BTC NPO seems the ideal way to do it, I read Mageant's post with much interest & will later check out the full thread that he referenced In other news on the way to dinner with my best friend I met up with the friend who knows E longtime, these 2 are actually neighbors & he just happened to be out by the road, so I stopped to chat & for a couple of beers & he's well in to the concept of Bitcoin & it's possibilities, he's French & strongly of the 'Liberté, égalité, fraternité' school of thought, is a life long trade union head, is strongly behind the Arab Spring movement & believes it is the inevitable result of new tech like the Internets & mobile coms, he's perfectly happy that I use his name when applying to E for funding & this will make a big difference I'm sure to how it's received as it's from not just someone local but a friend of someone E really likes, my friend said he'd send me another contact email address for the foundation that's more local to me here, it's centralized elsewhere atm so I'll see, his info may be out of date if there's still an office here, but if so then that would be a much better way to approach it, in any case the application will now for sure stand out from the crowd of worthy causes & definitely be refereed to E rather than been just dealt with by E's NPO's board & just as a side note that I mostly put here to remind myself, I intuitively think the Bitcoin concept & it's potential benefits may be especially relevant or applicable/beneficial to the African continent, where E supports a load of charitable stuff - building hospitals, schools, orphanages, refuges etc - so if anyone had any proposals of how to blend a project that was good for BTC & also something Africa related then I'd be very grateful to hear any input on that or brain storming, it may be a good way to get E's & the foundation's initial interest & funding Thanks again & if this seems to be moving forward to something more than just throwing an idea out there in a speculative manner to see what may happen, then I would be more than happy for this thread to be moved to a more appropriate section, Bitcoin forum, maybe development, which ever - I haven't explored so much to know which would be best for this at this stage I've read mobile payments are big in Africa, but that fees are very high. Perhaps bitcoin could help people keep more of their money while still enabling instant mobile to mobile transfers. |
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subscribers, if we break $5, you should be thinking 'purple'/'green'
If there was ever a time in the last few days to be staring at the price constantly, it is now.
omg someone tell me does purple point up or down Yup, it points up or and down FTFY. |
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There's no excuse for (intentionally!) deleting data without backups, trying to put the blame on others just makes you look worse.
Right. You did not think "maybe I should back this up" BEFORE you deleted it. <---- GAP I am in a position to make this determination because if the gap wan't there, you'd have the data you need to give me my fucking money (not that I trusted you with much in the first place). Shit happens... one thing seems clear bitscalper still has the scammer red X on his name and it should remain that way, until he returns all the funds to his users. bitscalper should immediately return the coins from the users on this forum, as a show of good fiath. if this is done, and if more public successful withdraws are processed, i would remove the scammer X's if bitscalper is honorable he can win back some trust, he will simply have deal with his tarnished reputation. he has never had my trust, and probably never will. although... i am Loving all this Drama sounding bitscalper thebitcoinreview.com would love to make a short interview with you bitscalper I understand shit happens, but a responsible person would own up to it instead of blaming others. |
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Too bad those figures are simplistic. Can you acquire equipment and start mining instantly? Didn't think so. Is there any guarantee that the price will hold up in the week it takes to acquire the equipment, let alone the 6-8 weeks you expect to pay it off in? Don't get me wrong, mining was profitable during that time frame, but that was far from certain at the time. If you timed it exactly right, you might have had a 6-8 week payout, but hindsight is 20/20. In reality, any profit is commendable, and profit is still available with arguably more certainty now than back then. |
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