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How about Litecoin trading on CaVirtex? Any plans for that? Would be terrific if you could beat MtGox to the punch.
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Lucif, no! If you're really tired of bitcointalk, at least consider starting a blog. This is like the only thread I read regularly on BTCtalk!
Hear! Hear! Or some sort of email subscription service - for which I'd be willing to pay BTCBTCBTC |
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Short buy 50% @$90
hehe
Does that mean you're going short, or you're buying? Or you're just buying for the short term? |
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So this appears to be fiat backed crypto currencies pegged to both the USD (WMZ) and Euro (WME) that can be traded for Bitcoins.
This sounds like a really good idea so long as the companies backing them are trustworthy.
Webmoney has large number of currencies: WMZ (USD), WME (EUR), WMR (RUR), WMU (UAH) and even WMG (Gold). All they are available now to directly and legally exchange to and from WMX (Bitcoin). So, are you now bullish, or does this not impact the wave count going forward? |
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Shit. I thought its zigzag, but now it looks like impulse...
Translation for the uninitiated?? |
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Everything is going... According to plan  I'm a happy bear! Are you surprised by the swiftness of the down move? What are the implications of such a speedy down wave on future waves? |
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Effectively, I have nothing else to say.
The amplifying effect of this thread ripples beyond the forum. The worst part is that he is not the only one.
Was this thread amplifying things when bitcoin rose from $10 to $266? Because you mentioned earlier that this thread was predicting doomsday from the start. |
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And yet you can't ignore that especially now you have an enormous influence.
Lucif has been predicting doomsday from the beginning of his thread. From the freaking beginning of this thread.
What worries me is that now people are going to actually listen to his depressive forecasts, affecting the valuation of the bitcoins even though the market itself is strengthening.
The dangerous part is that most people here can't even realize that this is just freaking apophenia, synchronicity, selective memory and confirmation bias.
The dangerous part is when people actually start giving credibility to this crap.
That's when we are all screwed.
If you're actually worried about this, you aren't cut out for speculative ventures. Not only are most people on this forum not reading this (excellent) thread, most people who hold bitcoin aren't on this forum. |
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somebody wants back in badly... 4,500 bid keeps chasing the price up
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Should we expect the wave behavior of this crash to be similar to the crash from $30 back in 2011, or does EW analysis indicate a different behavior this time? (Or is it to early to surmise?)
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Any analysis of the current slump? (@$214)
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No single digits before wave 5 off $0 low. Drop should not be lower $32
Is the extent of the drop dependent on the extent of this wave? For example, if this wave goes to $1000 would the drop end up stopping much higher than if this wave goes only to $350? |
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People, please use other exchanges than mtgox! Arbitrage bots will handle your liquidity demands! Just put bid/ask 1-3% higher/lower gox price and they will eat your wall (Instead of market order).
This is very dangerous situation. Gox may break anytime coz of this financial/web load.
Indeed, I wish more Canadians were using CAVirtex. Pretty thin order book supporting that $173.50 current price. |
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OTOH, lots of silver-spoon kids grow up to be right-wingers also and they may account for the bulk of the capital.
Really? Like those salt-of-the-earth Occupy types? |
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When the names are finally released it will be fascinating to see all the (champagne) socialists on there. No doubt the lefties will make up the bulk of the list, but "capitalism" will get the rap. As usual the Canadian part of the story is underwhelming: $800,000  |
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You can't apply normal chart-reading to a market that is defined by a lagging, DDOS'd, unpredictable mess of an exchange.
In the meantime, consider that a few days ago, The MtGox new user verification queue was about 5000 people in line. Today it is 12000+.
Where do people get this info? |
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Somewhere netween $120 and $2000. Maybe between 380 and 620.
Anyway, these words costs nothing if market enters unpredictable mode out of counts.
I'm pretty inexperienced at EW. Can you give us a little more details as to why 380-620 looked possible yesterday, but tonight you think we may be topping? |
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Market is in crazy mode right now...
I thought BTC market was crazy. Then I checked LTC market.  |
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Back in June 2011 when the Mt. Gox hack happened it was revealed there were 60,000 accounts on the exchange. Do we have any way of guesstimating how many accounts Mt. Gox has now?
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Found an online solution, thanks for those who contacted me with offers.
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