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9961  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 11:09:29 PM
This bot is probably buying his own asks, to give the illusion that the exchange isnīt dead. Is the sum of total asks on Gox goin down? Where can i see those numbers?
http://www.bitcoinx.com/charts1/depth_mtgox.png
http://blockchained.com/depth_mtgox_15d.png

I wish these charts could use stamps  data

Um, weren't they talking about Gox?

thats the problem
9962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 11:05:51 PM
This bot is probably buying his own asks, to give the illusion that the exchange isnīt dead. Is the sum of total asks on Gox goin down? Where can i see those numbers?
http://www.bitcoinx.com/charts1/depth_mtgox.png
http://blockchained.com/depth_mtgox_15d.png

I wish these charts could use stamps  data
9963  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 21, 2014, 10:33:24 PM
FTFY, the value has yet to be realized in the form of computer chips and door stops.

About 78% of the gold consumed each year is used in the manufacture of jewelry.1

all this time i thought door stops and paper weights was the main use of gold bars.
9964  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 21, 2014, 09:57:04 PM
Gold save the Queen !




she needs to diversify into bitcoin!
9965  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 21, 2014, 09:52:47 PM


I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

I had missed that

...interesting, to say the least



are those gold bars a KG each??

yes but only the top layer is real the rest is  filled with tungsten

No, they are 12.4kg each,  and called 'Good delivery' 99.5% pure.

Yes.

And each of those bars is worth about 400.000€.

so we are looking at a butt load of value here.
9966  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 21, 2014, 09:22:20 PM


I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

I had missed that

...interesting, to say the least



are those gold bars a KG each??

yes but only the top layer is real the rest is  filled with tungsten
9967  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 21, 2014, 09:16:17 PM


I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...

I had missed that

...interesting, to say the least



shes looking at those bars thinking what % she will sell for bitcoin.

look at her face its OBVIOUS!
9968  Economy / Speculation / Re: Are wall street movies the best warning signal to sell on: January 21, 2014, 09:07:42 PM
Wolf of Wall Street isn't about wall street at all. It is about drugs and sex and lots of partying.

sell all the drugs!!!!!!!

 Cheesy
9969  Economy / Speculation / Re: In 2018 bitcoin might collapse... on: January 21, 2014, 09:01:16 PM
9970  Economy / Speculation / Re: Are wall street movies the best warning signal to sell on: January 21, 2014, 08:18:58 PM


OMG its true

sell everything

buy all the bitcoins!
9971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 07:56:39 PM


fire works set to blow in < 24hours.
9972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 06:14:09 PM
Not much happening for btc.. Im happy as it stays like this till afther the 31th, then in february the moon.
Maybe we can meet doge there, much speed, very wow.

ya the 31th marks an important date for bitcoin, the picture will become clear, the moon will shine bright, and the rocket will be prepped for take off.
9973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 06:04:30 PM
There's a very obvious Occam's Razor-style explanation for why the price hasn't appeared to be so news-sensitive. Maybe it's really been reacting mostly to fundamentals all along, and our consensus of relating it to news is just ex post facto attribution error?

the market tends to get ahead of itself, the reason we arent reacting to the news is because we expected this news and priced it in before it happened. Now is the profit taking period, poeple that bought a overload of coins expecting higher prices are selling them off at a fair price for a sizable profit. they took a risk and its paying off, this is good stuff. once the profit has been taken and the next wave of buyers come, prices will rise to a new level of wow.
9974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 05:30:22 PM
Why are you paying interest to borrow btc when you have btc you could just sell?

It is a question of allocation of funds.

I don't own any BTC at the moment. Infact I owe 18 BTC. What I have are funds spread across two exchanges; Bitstamp, my main exchange and also Bitfinex which allow for market corroding parasite rat antics such as leveraged speculation. To get funds onto Bitfinex, I buy Bitcoin on Bitstamp, and send it over to Bitfinex where I change into USD to provide liquidity for my short positions.....

.....I only learned that there was an exchange offering this service just recently.

It is not that often I am certain about which way Bitcoin is going to move but right now I am pretty fkn certain that shorting is best course of action over next day or three....might not be a whole lot in it (i.e. another rebound at $760-$770 level), but I am totally convinced that if there are any speculative gains to be made in the immediate future in Bitcoin, it is on the short side.

did you not see the memo?

 Cheesy

I really hope you are able to cover with some profits, I have also taken a defensive position, in these uncertain times...
9975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 04:57:11 PM

The crash already happened, have you forgot December?


Bear market ends after Bitcoin has well undershot the 200 day EMA and has started to move back above it.

We are sill well above the 200 EMA. Infact, it would take a 60% drop in price to hit it as things currently stand, but if the last two Bitcoin crashes and post crash correction periods are anything to go by, hit it and indeed undershoot it we most certainly will.

Bear market ends when i say so, none of this TA crap matters, thats the bottom line.
9976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2014, 04:22:36 AM
9977  Economy / Speculation / Re: This is what happens when China bans exchanges on: January 21, 2014, 04:09:27 AM
Is this chart true or did OP just make a random excel file?

9978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2014, 07:38:04 PM


Moon coin, Doge Coin?Huh to which are you referring?
bitcoin

f all the other coins.

9979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2014, 07:29:57 PM
9980  Economy / Speculation / Re: Bitcoin will hit $10,000 in 2014 on: January 20, 2014, 06:29:59 PM
If the twins open their Bitcoin ETF I can promise you that more than $36M will be purchased every day. There are a lot of dollars out there.

There is no limit in how much energy can the Bitcoin network use.  And there is a nice linear relationship between its price and its energy usage.

More speculation will not help things, it will only make it worse.  The only possible long term stable state is where the energy used is the same as the amount of "value created" by the network.  Inflows of speculating cash do not create value.  What does create value is enabling financial transactions to be cheaper than before, or even where they were not possible before.  Speculating actually hurts that goal.


Speculation give this "value" a dollar price.

its kinda necessary...
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