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1301  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 06, 2015, 01:02:00 PM
It's going to be funny if price jumps a bit towards 285+ and less than 8h passed since some people (me included) sold... Grin
So we can't buy back yet. If it were for BFX, it would have started already, but Huobi is still bearish.
1302  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 06, 2015, 09:53:45 AM
Sell at 276.62

276.62 * 0.32552 = 90.045$

I first posted the sell, then did the math and posted it, it does matter.
1303  Economy / Speculation / Re: Did Bitstamp make the crash to $270 zone? on: January 06, 2015, 08:47:22 AM
Crash has nothing to do with bitstamp.

Other than you being short and talking your book, do you have any reason to suggest otherwise?...

Before accusing others of "talking their book", you should learn more TA.
This drop was predictable, I and others predicted it but I was surprised that it started 2 days earlier than expected.
1304  Economy / Service Discussion / Re: Bitstamp's first annual statements on: January 06, 2015, 07:22:15 AM
I was lucky to have moved my trading funds to BFX (for margin trading) a few weeks ago, so I had 0 left on Bitstamp.
But this still saddens me. Those who have a significant amount left must be feeling Goxxed, you have my true sympathy.
I hope Bitstamp will recover from this and come back, and a better security model will emerge.
1305  Economy / Speculation / Re: BITSTAMP WAS NOT HACKED!!! on: January 05, 2015, 08:52:34 PM
https://www.cryptocoinsnews.com/bitcoin-exchange-just-lose-12-bitcoins-possible-bitstamp-hack-address-contains-18866-stolen-btc/
1306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 08:52:03 PM
So now Bitstamp has to buy back its 18K BTC on the market asap

Not necessarily. They could dump inexistent coins and buy them back later at a much lower price. A sort of reverse Willy. Grin

Traders do this everyday.  Called shorting

Actually the coins are borrowed from long holders or equity is put in place as collateral.

I know it's called shorting, I'm doing it too. But Bistamp could do this on a large scale without collateral and front run the market.
1307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 08:38:57 PM
So now Bitstamp has to buy back its 18K BTC on the market asap

Not necessarily. They could dump inexistent coins and buy them back later at a much lower price. A sort of reverse Willy. Grin
1308  Other / Politics & Society / Re: NUCLEAR IS GREENEST TECHNOLOGY CLAIM 65 TOP BIOLOGISTS on: January 05, 2015, 07:01:43 PM
Here is the greenest of all, in a few years it should be ready for mass deployment (results of the Lugano report):

9. Summary and concluding remarks
A 32-day test was performed on a reactor termed E-Cat, capable of producing heat by exploiting an unknown reaction primed by heating and some electro-magnetic stimulation. In the past years, the same collaboration has performed similar measurements on reactors operating in like manner, but differing both in shape and construction materials from the one studied here. Those tests have indicated an anomalous production of heat, which prompted us to attempt a new, longer test. The purpose of this longer measurement was to verify whether the production of heat is reproducible in a new improved test set-up, and can go on for a significant amount of time. In order to assure that the reactor would operate for a prolonged length of time, we chose to supply power to the E-Cat in such a way as to keep it working in a stable and controlled manner. For this reason, the performances obtained do not reflect the maximum potential of the reactor, which was not an object of study here.
Our measurement, based on calculating the power emitted by the reactor through radiation and convection, gave the following results: the net production of the reactor after 32 days’ operation was (5825 ± 10%) [MJ], the density of thermal energy (if referred to an internal charge weighing 1 g) was (5.8 ∙ 106 ± 10%) [MJ/kg], while the density of power was equal to (2.1 ∙ 106 ± 10%) [W/kg]. These values place the E-Cat beyond any other known conventional source of energy. Even if one conservatively repeats the same calculations with reference to the weight of the whole reactor rather than that of its internal charge, one gets results confirming the non-conventional nature of the form of energy generated by the E-Cat, namely (1.3 ∙ 104 ± 10%) [MJ/kg] for thermal energy density, and (4.7 ∙ 103 ± 10%) [W/kg] for power density.
The quantity of heat emitted constantly by the reactor and the length of time during which the reactor was operating rule out, beyond any reasonable doubt, a chemical reaction as underlying its operation. This is emphasized by the fact that we stand considerably more than two order of magnitudes from the region of the Ragone plot occupied by conventional energy sources.
The fuel generating the excessive heat was analyzed with several methods before and after the experimental run. It was found that the Lithium and Nickel content in the fuel had the natural isotopic composition before the run, but after the 32 days run the isotopic composition has changed dramatically both for Lithium and Nickel. Such a change can only take place via nuclear reactions. It is thus clear that nuclear reactions have taken place in the burning process. This is also what can be suspected from the excessive heat being generated in the process.
Although we have good knowledge of the composition of the fuel we presently lack detailed information on the internal components of the reactor, and of the methods by which the reaction is primed. Since we are presently not in possession of this information, we think that any attempt to explain the E-Cat heating process would be too much hampered by the lack of this information, and thus we refrain from such discussions.
In summary, the performance of the E-Cat reactor is remarkable. We have a device giving heat energy compatible with nuclear transformations, but it operates at low energy and gives neither nuclear radioactive waste nor emits radiation. From basic general knowledge in nuclear physics this should not be possible. Nevertheless we have to relate to the fact that the experimental results from our test show heat production beyond chemical burning, and that the E-Cat fuel undergoes nuclear transformations. It is certainly most unsatisfying that these results so far have no convincing theoretical explanation, but the experimental results cannot be dismissed or ignored just because of lack of theoretical understanding. Moreover, the E-Cat results are too conspicuous not to be followed up in detail. In addition, if proven sustainable in further tests the E-Cat invention has a large potential to become an important energy source. Further investigations are required to guide the interpretational work, and one needs in particular as a first step detailed knowledge of all parameters affecting the E-Cat operation. Our work will continue in that direction.
1309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 06:14:03 PM
Few months back $275 seemed dirt cheap and a gift from satoshi and now we touched it as resistance after a low volume bounce.



 Cheesy Cheesy Cheesy

Yes and if we were to experience a 2013 rate of growth again reinstate Willy, we'd be put at $35k/BTC at the end of november. Funny this market, ain't it?

FTFY Wink
1310  Economy / Speculation / Re: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? on: January 05, 2015, 05:28:57 PM
And with all due respect, some other bitcoin forecasts go all the way towards being outright ridiculous. Probably the worst one is this one: http://www.bitcoinforecast.com/
It predicts -161 $ in March '15 and -813 $ in May '15.


Quote

-813 $ in May '15

Hmm.. I'll 'buy' a few coins at that price I think..

Ente

You may want to think again. When you'll sell one of those weird -813$ coins, you won't receive fiat, you'll have to pay 813$ to get rid of the coin. Wink
OTOH, someone who wants to get rid of one such coin has to pay you 813$ to accept it. That could work for me, and I'd HODL that coin forever.
1311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 05:23:39 PM
Is it just me, or BTC-E halted as well?

Doesn't look halted on bitcoinwisdom. And the site is working.
1312  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 05, 2015, 05:07:18 PM
BUY @ 273.78

104,56 / 273.78 = 0,38191 btc

Difficult to choose one side right now

Yeah, it could drop a bit, but next 2 days should rise to 285+.
1313  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 05, 2015, 04:35:01 PM
Balance 89.2286276$

Buy at 274.11 result 0.32552 BTC
1314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 03:40:18 PM
How will the miners dump there bitcoins now?

if(stamp == gox) sendto(China);

Chinese miners already dump on Chinese exchanges. For western miners, it's not an option, since they can't withdraw fiat.
1315  Economy / Speculation / Re: January 5th - Just bought 20 coins @ $277 on: January 05, 2015, 02:47:47 PM
I think we'll be over $300 before Friday.

Anyone want to bet me 1 BTC?

Good Trade.

Be sure to sell them at $330 though.

Wow, MatTheCat turned bull. Shocked
1316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 01:25:31 PM
Bullish news, California legally approves bitcoin (sorry if someone else posted it first):

https://www.cryptocoinsnews.com/ab-129-california-legally-approves-use-bitcoin/
1317  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 05, 2015, 08:30:42 AM
Buy at 268.84
81.11$ / 268.84 = 0.32402 BTC

Sell at 275.38

0.32402 BTC * 275.38 = 89.2286276$

Edit: first trade calculation was wrong, sorry (emotions of first virtual trade). I redid it now, didn't mean to cheat. Roll Eyes

Buy 81.11$ / 268.84 = 0.3017 BTC

Sell 0.3017 BTC * 275.38 = 83.082$

Edit2: I started with 87.11, but made a typo to 81.11 in the post, the calculation was correct, disregard the first edit, current balance 89.2286276$.
1318  Economy / Speculation / Re: Trading Simulator - A fun and free Speculation Game [48 participants] on: January 04, 2015, 06:10:56 PM
Buy at 268.84
81.11$ / 268.84 = 0.32402 BTC

Edit: it was 87.11, not 81.11, aarghh!
1319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2015, 05:45:13 PM
...one year of bear market (never happened before)...

June 2011 to February 2013 was less than a year?

June 2011 to November 2011, that was the bear market. The rest until 2013 was a slow bull market, until Markus stepped in.

PS. I can't believe this! You beat me by a second. Cheesy
1320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2015, 05:43:12 PM
Short interest a hair away from 20,000 contracts on bfxdata. Over 3000 new shorts today. Retest 300 soon.

I hope you are right, I'd love to short the top of a ginormous DCB. Grin
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