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681  Economy / Speculation / Re: Bitcoin dropping volume on: May 09, 2014, 11:20:37 PM
As soon as there is some movement in any direction, volume will shoot up. It does not mean much.
682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 08:30:33 PM
Hey Windjc, how's your 1200btc short doing? Do you still have it open?

Most of it. Yes.

I have learned in the past, that the worst thing you can do it overreact when the market moves against you.

It ebbs and flows.

Certainly I am not happy about the announcement from the exchanges that caused all the shorts to close on Houbi, but I think it smart to see how this all plays out.

Sometime soon, the exchanges have to come clean about what is going on. And, whatever it is that is going on, there is no way that the chinese market is bullish on fresh fiat.  All we are seeing there right now are the same coins being traded back and forth and the only money buying is money of the sidelines.

So, until I see a break of trends on high volume with confirmation, I won't be making any sudden panic trades.


What announcements were those?

1200 BTC short. Thats a lot.
683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 06:55:58 PM
So, may 10th, CCMF?

No, I expect the opposite.

Whip out your fiat and keep it ready.
684  Economy / Services / Re: WE WILL PAY MORE FOR YOUR SIGNATURE! Up to 0.0014 btc per post! on: May 09, 2014, 04:38:45 PM
Experience is not everything. I would prefer someone who never done it, but has a great trust rating and is great with people. Teaching is easy, gaining trust is hard.

Are you applying for the position?  Grin

Funds on the wallet, and bitcoin wallet can't be banned. )

Good to know. I hope everything goes well with the campaign from now on.

Can we get the address with the funds, maybe it will calm everyone down.

The rates are great but it is a new campaign so there is a risk involved at the beginning; paying a few Hero M upfront would start things up

Yeah, there are several ways you can reassure people that you have every intention to pay. Showing you have the funds is a good start, but putting the funds with a trusted escrow or maybe even a smaller bond will get you some instant trust. Maybe pay out weekly for the first month until you've built up some trust.

Paying out weekly makes the most sense when you are new. You can build up trust and then have monthly payouts.
685  Economy / Speculation / Re: Are we starting a bull run? on: May 09, 2014, 04:35:23 PM
Not yet. Nothing to indicate we are even remotely close to one.

Personally I think, not backed by any analysis, that this year is going to be slow.
686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 04:32:06 PM
Could be foreigners removing bitcoin from exchanges because they do not have chinese bank accounts. Once this process is complete, buying pressure will rapidly decline and double single digit coins become a real possibility.

Bump for truthiness.

Bump for delusionalness.

Hoping for 300-350, though Smiley
687  Economy / Services / Re: WE WILL PAY MORE FOR YOUR SIGNATURE! Up to 0.0014 btc per post! on: May 09, 2014, 11:20:26 AM
Auspicious start to the campaign. first they have a get out clause which says even if you post if they do not get enough paying customers its your fault. Then they run it through someone who gets banned, has multiple accounts and in the past has behaved quite badly in the Ritz campaign.

There are others, do not get greedy and end up losing all just for a small increase.
688  Economy / Services / Re: WE WILL PAY MORE FOR YOUR SIGNATURE! Up to 0.0014 btc per post! on: May 08, 2014, 10:00:29 PM
I think Ritz just initially put that in as a get-out clause if the signature deal wasn't successfully in bringing in any or many customers. It did have me concerned and suspicious at first.

These ones can get out using this. They do not have any reputation built here.
689  Economy / Services / Re: WE WILL PAY MORE FOR YOUR SIGNATURE! Up to 0.0014 btc per post! on: May 08, 2014, 09:26:13 PM
The rates are great but you only have one member that signed so far; I am sure you will have plenty more soon Wink

I will stay with PD

Well, they just got started and are probably not very well known yet. But I suspect that if PD doesn't change its rates by the 17th, a lot of people will switch.

Likely because of this

Traffic must be productive in users joining and making bets to participate in this program.  

The original op of this deal pretty much copied all the details including that from Ritz's deal.

All you can do is make non-trolling, non-one liner posts. How can you make the readers of the posts to must make productive bets?
690  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2014, 09:15:33 PM
becuae I banned my self from that joke's thread, I am going to post this here just for the laughs and giggles

The thread shows a poster example how one system would have performed during the downtrend of the past few months. The "track record" is impressive but we have to remember that I started from the data and honed the parameters with trial and error method to give the best results. In real world, spotting the downtrend correctly, guessing the parameters upfront, and executing without slippage would have diminished returns greatly.

I cannot sell my own signals because Bitstamp's average volume is BTC764 per hour. The system gives signals based on the last 2 hours market data and assumes that you can execute at the closing price. The signals are always in direction of the trend, so you will have to buy/sell quickly to avoid slippage, and your own actions cause more slippage. If I would use this, I want to allocate as many coins to it as possible, and that is less than I wanted. Sad

The configurable excelsheet is for sale for BTC5, including tutorial in skype chat.


so who will pay 5BTC for that ? it is very cheap, almost free  Cheesy


Yeah, what could possibly go wrong... a handcrafted volume change/candle size based (or something similarly naive) algo, backtested only on the recent month or two ("careful kids, it only works during downtrends!"), excluding fees and slippage in the calculation. Now on sale, for 5 BTC!

I really hope that whoever is inclined to spend that amount gets, say, waveaddict's newsletter instead, for a fraction of the price, and a multiple of the effect most likely Cheesy

Its a steal at this price.









For Rpietla of course Cheesy
691  Economy / Services / Re: WE WILL PAY MORE FOR YOUR SIGNATURE! Up to 0.0014 btc per post! on: May 08, 2014, 09:09:36 PM
The rates are great but you only have one member that signed so far; I am sure you will have plenty more soon Wink

I will stay with PD

Well, they just got started and are probably not very well known yet. But I suspect that if PD doesn't change its rates by the 17th, a lot of people will switch.

Likely because of this

Traffic must be productive in users joining and making bets to participate in this program.  
692  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]BTCtalkcoin [BCC] - Pure POS now!!!! on: May 08, 2014, 09:00:26 PM
Can not even address a port collision quickly, and you are all hopeful this will be good? why?

Is there a development team?
693  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: May 08, 2014, 08:53:25 PM
Just before the China run, when it was coming back from 200 I sold a bit, and did not buy back when it came down to 160. After that it ran straight to 800 before correcting again.
694  Economy / Speculation / Re: Do you trust somebody on this forum? on: May 08, 2014, 08:50:58 PM
The posts with themes like final warning, do not hold fiat or last chance to short are obvious manipulators. Idiot manipulators, more like as its blatantly obvious.

There are some posters who seem to follow charts religiously and consistently and I more likely to trust them, keeping in mind there is a good chance their charts give wrong predictions or they are biased into seeing what they want to see.
695  Economy / Speculation / Re: RIGHT TIME TO SELL??? on: May 08, 2014, 08:48:16 PM
Very risky to sell now. If you have not sold already you should hodl.

When it bounces up above 500, selling a few might be smart.
That would be a bad time to sell.

That would be great time to sell if you are playing these swings. Have been working out well so far.
no. once 500 is broken again, we are back in an uptrend. you don't want to sell in an uptrend

Its not as simple as that, and even if it as uptrend it will take time to resolve AND there will be dips to the current range. Enough for us to make a profit.
696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2014, 08:45:54 PM
Go up or go down, this is getting tiring now.

Maybe the exchanges would start manipulating to increase volumes Grin
697  Economy / Speculation / Re: RIGHT TIME TO SELL??? on: May 04, 2014, 11:36:22 PM
Very risky to sell now. If you have not sold already you should hodl.

When it bounces up above 500, selling a few might be smart.
That would be a bad time to sell.

That would be great time to sell if you are playing these swings. Have been working out well so far.
698  Economy / Speculation / Re: Interesting times ahead for next 4-8 weeks on: May 04, 2014, 11:26:28 PM
I think things will stay quiet for now.

Maybe by this year end or even next year there will be a big rally.
699  Economy / Speculation / Re: RIGHT TIME TO SELL??? on: May 04, 2014, 10:53:28 PM
If you can wait a couple of years we'll have another block reward halving and the price is likely to go up a lot around then. If you can't wait 2 years then you can't afford the investment.

For starters, the reward halving already gets priced in.

More importantly, it only means there is new coins to be sold off. So the natural downward pressure is lessened, but does not increase the price.

For what its worth, I say holding for 2 years is a good plan too, but not because of your reason.
700  Economy / Speculation / Re: RIGHT TIME TO SELL??? on: May 04, 2014, 09:59:13 PM
Very risky to sell now. If you have not sold already you should hodl.

When it bounces up above 500, selling a few might be smart.
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