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961  Economy / Speculation / Re: [POLL] Up or Down? on: October 09, 2012, 06:50:56 AM
Up a little, then way down, then up a little, then down just a bit further!

I've noticed before, your insights seem to be spot on for the most part.  Care to elaborate on this statement?  Any facts behind it, or just a gut feeling?


Sure, It's simple voo-doo really! At the time of my post, we were just finishing wave-1 down. Knowing that we were ready for a correction, I stated "up a little" for wave-2 (which is topping as I type). "Then way down" in wave-3 (Never the shortest wave). "Up a little" in wave-4, but probably more sideways than up (triangle possibly?), before the final drop "just a bit further" in wave-5.  Wink

This correction has been LONG overdue! It will take all 5 waves to show some of the perma-bulls and the new guys that weren't here last Summer/Fall that up, is not the only way it can go!
It's not all about wave theory either. The underlying indicators have been in an extreme overbought state for a while now. Shh...If you're quiet, you can hear them breath a sigh of relief! Ahhhhh

Lol  Smiley
962  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 11:45:43 PM
Adam, do you have some bids in?
963  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: October 08, 2012, 07:32:53 PM
Update:

HF's trapped.


I knew it!  Grin
964  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 07:23:55 PM

anyone wana buy 11.20$ bitcoin with PP? Cheesy
i can place small bid for you on cavirtex and you PP when it fills
lol

i wish i could trust a PP payment like i can a bitcoin payment

How many can you buy?

Edit: Would it even be worth it after paypal conversion fees USD->CAD?

not much ...

PM me how much you want

Meh I think I'll pass for now, but if a better opportunity comes around (I'm waiting for more bid depth) I would be very willing to arbitrage USD/CAD/BTC with you  Smiley

you could gift the money, but i still have the PPUSD to PPCAD conversion fee...

I would gift it, its just now is not the best time for me considering I have to leave in 5 mins >.< And if we are dealing with <$1000 the benefits of doing this are low.

Edit: If we hit $11.80, and you are still around that ballpark, buy as many as you can and I will paypal you when I get back (~2-3 hours)
965  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 07:18:57 PM

anyone wana buy 11.20$ bitcoin with PP? Cheesy
i can place small bid for you on cavirtex and you PP when it fills
lol

i wish i could trust a PP payment like i can a bitcoin payment

How many can you buy?

Edit: Would it even be worth it after paypal conversion fees USD->CAD?

not much ...

PM me how much you want

Meh I think I'll pass for now, but if a better opportunity comes around (I'm waiting for more bid depth) I would be very willing to arbitrage USD/CAD/BTC with you  Smiley
966  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 07:08:54 PM

anyone wana buy 11.20$ bitcoin with PP? Cheesy
i can place small bid for you on cavirtex and you PP when it fills
lol

i wish i could trust a PP payment like i can a bitcoin payment

How many can you buy?

Edit: Would it even be worth it after paypal conversion fees USD->CAD?
967  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 04:32:30 PM
Wall fight!  Grin
968  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 04:06:47 PM
There will never be bid depth because there are no US dollars coming in. Again, this is pure speculation on the coming week and the price can reflect that outside of current demand.

The whole no dollars coming in gets old. All the people who sold over the last two days have a ton of cash.
Plenty of cash flowed in the last drops. Winter bear will not hibernate.
Only so many suckers left to bring in fresh cash and the rush seems over for now.

Besides, not all bank branches are closed today. I was just at a Wells Fargo this morning and they were open.

My bank is closed  Angry
969  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: October 08, 2012, 03:52:04 PM
While I'm sorry to break your combo, at 57 consecutive posts if I counted correctly, isn't there a better way to advertise this?

Come on, the new content of the last four posts combined reads: "$TICK GLBSE".

considering there are over 18K views, someone enjoys reading these.

I do!  Grin
970  Economy / Speculation / [POLL RESET] Up or Down? on: October 08, 2012, 03:40:34 PM
971  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 03:06:21 PM
This is a wild roller coaster lol
972  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 02:56:29 PM
I was using your response as justification for my statement.

Oh I see  Smiley
973  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 02:49:18 PM
Yeah but

+1 They bought my bitcoins I just bought at 11  Tongue


they still overpaid.

I agree, hence why I sold them my bitcoins?
974  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 02:32:37 PM
This is just like the dumps from late August and September 1st this year.  The Bitcoin bull will keep marching up and up and up.

I'm not sure if it is bulls, or people just needing a few btc for silk road etc.
975  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 02:25:41 PM
I'm laughing at the buyers right now.


+1 They bought my bitcoins I just bought at 11  Tongue
976  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 01:04:54 PM
Give Silk Road one reason why they should accept Litecoins.

Because they can.

Another way to say it would be, what's a good reason they shouldn't? I don't see it causing any harm.

Because the exchanges that use them aren't as hardy and established as Mt. Gox.

I don't have a side in this argument, but I honestly think it doesn't matter either way. Next to nobody is going to want to buy or sell with litecoins at this point.
977  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 01:01:36 PM
Give Silk Road one reason why they should accept Litecoins.

Because they can.

Another way to say it would be, what's a good reason they shouldn't? I don't see it causing any harm.
978  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 12:58:23 PM
Give Silk Road one reason why they should accept Litecoins.

Because after so many silk road drugs, some people become confused, leave bitcoin, and switch to litecoin? That's the best I could come up with.  Grin
979  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 12:52:55 PM
Heh.. All capsa timesa

WHY NO ONE WANTS TEH CHEAPO BITCOINS, TO THE MOON, ROCKET TIME! WHERE ARE TEH TRUE BELIEVERS! PROBABLY WATCHINF TEH SIMPSONS AND FRINGE IN THEIR DORM ROOM EATING CHEATOS!

Because they don't want to accidentally buy expensive coins. A cheap bitcoin would be $5
980  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: October 08, 2012, 10:25:31 AM
I also wish to apologize for my emotional charade earlier. I had no basis in my belief of a decline. I was just simply greedy.

Emotions make a horrible trade.

No harm done, but I still don't see us stabilizing around $11.50, maybe $11.00.  Lips sealed
Why?

Its still Monday, and I can see $11.50 having a lot of resistance. There seems to be a few large players selling a lot of coin, and I just don't think they are through.

Is it plausible that most speculators have already sold?

Possible, but I'm still sticking with my statement that $10.60 is our short term low. Next week should be interesting.
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