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981  Economy / Speculation / Re: $1,000,000 for a Bitcoin? on: May 20, 2013, 08:47:35 PM
I bet a few years ago you would have been impressed to see an anonymous, global, laundering system get accepted by the public...

You mean like cash?  Grin
982  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 07:55:34 PM
Today's volume (or lack thereof) surprising or concerning to any of you?

Surprising? No.

Concerning? A little.
983  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 20, 2013, 07:54:07 PM
And coin shops are all over the place.

Not where I live... it's often more convenient to buy/sell to dealers in the USA.  Lips sealed
984  Economy / Speculation / Re: Possible Mtgox.com Domain Seizure by US Authorities? on: May 20, 2013, 05:19:37 PM
Yes Folks it can happen anytime, so why, oh why do you still keep your USD in Gox, convert to coins NOW before its too late..
PANIC BUY i say. Grin

This panic buy already happened.  Wink
985  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 04:41:05 PM
Are the bots keeping it stable?

They're using what's called an anti-volume.
When anyone is trying to make a trade, they cancel it out!  Cheesy
986  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 03:47:09 PM
I miss...
987  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 03:23:33 PM
(...) gox volume for Saturday was 22k, Sunday 20k, both extremely low. However, weekend can be low. If Monday volume not nearer 60k then grab the worry beads.
988  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 03:16:08 PM

Even if you have a world changing invention, markets can remain blind to it for years.
Worse: the invention could simply be discarded and forgotten.

That's the only reason I'm not (nor will I ever be) all in.

Besides that, just be patient. It's one of the best qualities there is. Just ask Rick Guerin. (http://basehitinvesting.com/mohnish-pabrai-on-patience-advice-from-buffett-and-what-ever-happened-to-bill-guerin/ )

Oh I'm patient.

989  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 02:55:55 PM
Now, if it jumps up $100 or $200 in a day, your going to be there sitting in cash. Moral...

Don't try to time a Black Swan.

 Roll Eyes

And if it drops 100$ in a day?

Even if you have a world changing invention, markets can remain blind to it for years.
Worse: the invention could simply be discarded and forgotten.

For example, the Greeks invented the steam engine, but we had to wait for thousands
of years before any of its potential was really used.
"Guys! Hold to it! It's world changing invention!" - A guy, 2000 years too soon.

I really wish Bitcoin will go up, but you guys remember me too much of how I was in 2009.
"How can it go down? It's the most important invention since fire!"
The market didn't care.

The more I see scareless permabulls like you, the more I fear for Bitcoin.  Undecided
990  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 06:10:47 AM
Bug.
Bitcoin isn't this boring... yet.
991  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 20, 2013, 02:43:49 AM
I believe it's calm because everyone is playing wait and see... once people realise there is nothing really to see, and that the infrastructure is really truely being built now... the only way is up.

What could go wrong...  Grin
992  Economy / Securities / Re: It really is always a good time to be buying some bitcoin. on: May 19, 2013, 08:21:28 PM
By that logic I should buy Feathercoin.
993  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 08:15:33 PM
994  Economy / Securities / Re: It really is always a good time to be buying some bitcoin. on: May 19, 2013, 07:27:38 PM
He is trolling. (Or trying to pump.)

No way in hell Cavirtex is the best exchange. 3% fees...
Libertybit only has 0.5% fees. It might take some time, but I can see where the market will go.

ASICM

This stock is HOT! its definitely not going down  Grin

What could go wrong  Cheesy


Edit: Oh and S.Dice that's abandoning everyone in the US...
995  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:23:54 PM
That's because the recent price rises are purely speculative and will run out of steam.

Gee, so sure of yourself.

At least use "it might".
996  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:14:53 PM

People bought btcs because of anticipation of a "big announcement" in the conference which finally turn out to be a lackluster one.

To be honest, pretty much everyone knew the conference would a big "nothing". (In terms of important announcement)

yes, this is right. not a single conference in my 3 years with bitcoin had any meaningful price effect. better focus on technical analysis...

Yeah, the Bruce Wagner experience was quite a cold shower for me.

"It's going to be the best thing evaaaaar!" ---> Nothing happens.
997  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:11:10 PM

People bought btcs because of anticipation of a "big announcement" in the conference which finally turn out to be a lackluster one.

To be honest, pretty much everyone knew the conference would a big "nothing". (In terms of important announcement)
998  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:09:44 PM
Another google trends chart:

999  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 07:04:10 PM
Google trends shows the real interest in Bitcoin.

It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.

Here's why :




No! Stop!

We all know it's going up Up UP!
1000  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 19, 2013, 05:38:43 PM
So, what you're telling is, if someone is trying to manipulate the price up, it should go back down quickly?  Cheesy
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