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901  Economy / Speculation / [POLL] What direction do you think the price will go tomorrow? (10/18) on: October 16, 2012, 09:21:18 PM
Lets see how many (short term) bulls and bears we have right now.  Wink



What direction will the price go on 10/17?
902  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 08:47:49 PM
the Plunge! <- click me

Dude, that looked like my bid at 11.70 lol.

You did great considering you can probably get them sold right now for ~$11.95
903  Economy / Speculation / Re: Downward trend imminent on: October 16, 2012, 08:41:22 PM
Overall, all those nuances about block halving, difficulty changes, mining issues, etc. are already all prices into the charts. It is far easier to predict price movements based on chart patterns and indicators than speculating for years about all those fuzzy factors.
No they're not, due to asymetric information and investors driven mainly by emotions. Also vast majority of investors don't run around with a calculator and market analysis formulas. Chart patterns and indicators are mostly a combination of bullshit and crowd psychology. Both of which are unrelieble as fuck. Long story short, the perfect market is a myth, because market is a sum of investors' actions. Investors are humans and humans are far from perfect.

You are right when watching normal sized groups, the kind we see every day.
You are wrong when watching huge groups. Several thousand people, all having the same goal (sell for profit), having the same few options (buy, sell)? Crowd par excellence. ..And then have a closer look at the market theories: Wave theory doesn't seem to be oversimplifying to me..

Ente

Good to see I don't need to send you the email I was writing summarizing what just happened lol
904  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 08:36:19 PM
It seems somebdoy bought it right back up where it were.

New rally?

No. Bulls get prepared to be eaten alive.

905  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 08:22:27 PM
the Plunge! its about to happen

I'm so happy Cheesy
Nope, 11.50 is the new floor   Grin

906  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 08:18:23 PM
THE PLUNGE! its about to happen

I'm so happy Cheesy

FTFY, and also THE PLUNGE is long overdue.
907  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 08:12:01 PM
"What dump?"

908  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:35:08 PM
909  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:31:06 PM
I think someone has a bot going wild or something
why do you say that?



the fuck? now there is a buy at 11.98?? Someone is smoking some serious crack.

Must be this new crocodile drug from russia.
910  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:14:58 PM
I think someone has a bot going wild or something
911  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:13:08 PM
http://btccharts.com/screenshots/1350414744569.png

the fuck? now there is a buy at 11.98?? Someone is smoking some serious crack.

Large understatement
912  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:11:31 PM
HOLY S*!

OMG WHAT IS HAPPENING?
913  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 07:08:25 PM
THE PLUNGE!
914  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 04:49:22 PM
Personally I don't mind if we stay around this price for the next 6 month. I think the Bitcoin economy could really benefit for a repeat 4-6 months of price stability before the next up move.

I agree completely.
915  Other / CPU/GPU Bitcoin mining hardware / Re: EU cripples future graphics cards on: October 16, 2012, 03:36:03 PM
Lol Nvidia and AMD should just stop selling graphics cards in Europe. Everyone will then just import them from elsewhere.
916  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 16, 2012, 02:18:27 AM
These price movements are absurd.

lol, yes this has been really weird. A selloff turns into a rally. Someone must have a bot programmed on volume alone or something.

Time to go back down again?  Tongue
917  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 15, 2012, 11:58:00 PM
These price movements are absurd.
918  Economy / Speculation / Re: secret rocket? on: October 15, 2012, 06:53:24 PM
i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.

too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.

indicators, man.

At one time this forum could influence the price but I don't think it can any longer.



I agree, it doesn't seem what gets said here has an effect on the price lol
919  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 15, 2012, 06:35:38 PM
This has been a very bipolar day.
920  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 15, 2012, 03:58:40 PM
i am sensing some boredom among bitcoin users right now.
almost like the seasonal shift is slowly taking place, day by day.
i really expect a slow decline over the next few months to under 10.

towards the end of declines there is always a quite rapid and sharp sell off. I would not be surprised if it happened again this year

You mean... "THE PLUNGE"
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