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1681  Economy / Speculation / Re: Wouldn't it be nice... (the LazyWhale algorithm) on: October 17, 2014, 10:55:02 AM
Assuming the indicator is working properly, it shouldn't give a buy signal in 2 weeks.
Although in 2 weeks, in the bullish scenario, we may have broken the 420$ resistance, the indicator
should only give a buy signal in about 2 months, after the corrections from ~520$ to ~400$.
Assuming 275$ was THE bottom, the market moves about 5 times slower than in July 2013.
I do hope that the trading whales will use any information that would speed up the market though.
1682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 07:20:30 PM
Anyone else notice TH1 swaps went down by like 60% in the past 24 hours? What are those?

Tradeable mining contracts.
http://www.coindesk.com/bitfinex-launches-tradable-mining-contracts/

I've never looked at mining swaps where do you see those? Is the exchange related to ghash.io?

http://bfxdata.com/combined/th1.php
1683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 07:16:04 PM
Anyone else notice TH1 swaps went down by like 60% in the past 24 hours? What are those?

Tradeable mining contracts.
http://www.coindesk.com/bitfinex-launches-tradable-mining-contracts/
1684  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 06:49:14 PM
The next hours are important, because another large drop would damage the "launch pad" required
for the push to 450+, with major implications for the next weeks.
1685  Other / Politics & Society / Re: Anyone following the ebola outbreak? on: October 16, 2014, 05:54:40 PM
Nurse Amber Vinson traveled with a commercial jet after caring for Ebola patient Thomas Eric Duncan,
on Frontier Airlines flight 1143 Cleveland to Dallas/Fort Worth. She is ill and was confirmed to have Ebola.
http://edition.cnn.com/2014/10/15/health/texas-ebola-outbreak/index.html?hpt=hp_t1
And she apparently did so with the CDC's explicit permission.

Quote from: cbs
according to Flighttracker, the plane was used for five additional flights on Tuesday before it was removed from service. Those flights include a return flight to Cleveland, Cleveland to Fort Lauderdale–Hollywood International Airport (FLL), FLL to Cleveland, Cleveland to Hartsfield–Jackson Atlanta International Airport (ATL), and ATL to Cleveland.
While in Ohio, Vinson visited relatives, who are employees at Kent State University.  The university is now asking Vinson’s three relatives stay off campus and self-monitor per CDC protocol for the next 21 days out of an “abundance of caution.”
http://dfw.cbslocal.com/2014/10/15/ebola-patient-traveled-day-before-diagnosis

Quoting from Arstechnica article:

Update: The Centers for Disease Control and Prevention now say that the second infected healthcare worker flew to Cleveland and back on a commercial jet after caring for Duncan—and her return flight to Dallas took place the day before her Ebola symptoms appeared. The CDC now wants to interview everyone on that return flight (Frontier Airlines flight 1143, flying from Cleveland to Dallas/Fort Worth on October 13).

Given the healthcare worker's recent exposure to Duncan, she was "self-monitoring" for any symptoms of Ebola and—according to the CDC—should not have traveled on a commercial airline until the incubation period for the disease had ended.

Update 2: Reuters reports that the healthcare worker did in fact have a slight fever while traveling on the airplane back to Dallas. The CDC still believes the risk of viral transmission is low because the woman was neither vomiting nor bleeding on the flight. The healthcare worker is being transported to Emory Hospital in Atlanta for treatment.
1686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 02:13:58 PM
Bear trap down to 340 I think

No, if it drops to 340$ it means "launch pad destroyed". Wink
1687  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 11:43:53 AM
Time to change the poll, Adam... Already 71% were wrong about the direction.
1688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2014, 11:20:51 AM
Market needed a correction, this should have come earlier.
1689  Other / Politics & Society / Re: Politics, statism, anarchism, racism; split from: Wall Observer thread on: October 15, 2014, 09:51:00 PM
...
Recently I learned that, according to ancient historians, some of my ancestors may have came from Paflagonia (not Patagonia!), a kingdom on the northern southern shore of the Black Sea that I had never heard of before. It is told that they left their country to fight in the Trojan War, and could not return home because of a coup d'état, so they wandered around and finally settled in the marshes where Venice is now.
...
Fact is, we are all of the same race -- the Mongrels...

Interesting POV, but I think you missed my POV. Even if I believe that - statistically - African blacks are intellectually somewhat inferior to European (more or less) whites,
my point is that they have other genetic advantages that make them fit to live in Africa (where I would die). And I don't see them as "sub-humans" or other crap like that.
Why is the egalitarianism so strong, even among educated people? I believe that people are borne different, live different and die different, and this is not racism.
However I prefer to think that in my DNA there is some Neanderthal and not Denisovan or archaic African hominin. Cheesy
1690  Other / Politics & Society / Re: Anyone following the ebola outbreak? on: October 15, 2014, 09:25:39 PM
Nurse Amber Vinson traveled with a commercial jet after caring for Ebola patient Thomas Eric Duncan,
on Frontier Airlines flight 1143 Cleveland to Dallas/Fort Worth. She is ill and was confirmed to have Ebola.
http://edition.cnn.com/2014/10/15/health/texas-ebola-outbreak/index.html?hpt=hp_t1
1691  Other / Politics & Society / Re: Wall Observer BTC/USD - Bitcoin price movement tracking on: October 15, 2014, 01:33:46 PM
I'll try to bring some scientific arguments in this racist ?debate?
First, people are different. Races are different, but it doesn't mean we have to disparage one another.
The most important source for the differences is evolution, because comparative advantages in Africa
are different than ones in Europe. If I'd have to live in Africa, my life expectancy would be much shorter,
for many reasons, but mainly for resistance to infections. Mutations that make people infection resistant
don't come free, sometimes they can make people dumb. Sickle cell is an example, quoting:
The origin of SCD lies in the malarial regions of the tropics where carriers are protected against death from malaria and hence enjoy an evolutionary advantage.
1692  Other / Politics & Society / Re: Anyone following the ebola outbreak? on: October 15, 2014, 12:42:25 PM
Most US hospitals not prepared to fight Ebola:
http://edition.cnn.com/2014/10/15/health/texas-ebola-outbreak/index.html?hpt=hp_t1
1693  Economy / Speculation / Re: Milestones on: October 14, 2014, 10:24:43 PM
I think it's time to bump this thread.
I'm betting 0.05 BTC we just passed 398 for the last time.


Way to jinx it  Grin lasted about 30 minutes lol

Argh! You beat me to it...
1694  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2014, 09:53:38 PM
ok i'm calling it now, 3666 in 180 business days  Grin

yuan or usd?

Yuan is bearish, usd is delusional. Wink
1695  Economy / Speculation / Re: Analysis never ends on: October 14, 2014, 08:48:05 PM
...
This is pretty much what I was thinking and thats why I was surprised luc was saying we are going to 500. If we are going to 500 then we could be going much further quite quickly.

That's not possible. 500$ is a reasonable target for the peak of the first sub-wave of wave 1. After that there must be corrections.
I have some doubts that a price level of 450$ - 750$ is going to be sustainable for many months during wave 1 and corrective wave 2, we'll see.

You think the bottom is in too?

I have serious doubts.

I try to keep an open mind. Both bullish and bearish scenarios are still possible, but the latest developments favor the bullish one.
6 days ago I said that it will take 10 - 15 days until the market will decide a clear direction. It may take longer. Roll Eyes
If the bulls manage to conquer a high enough level and then defend a support level of 300+ when the corrections will come, then the bottom was 275.
1696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2014, 03:34:26 PM
Crazy Chinese bulls... Someone can tell me if there is a specific word for Chinese bulls, like "pandas" is for Chinese bears?
1697  Economy / Speculation / Re: Analysis never ends on: October 14, 2014, 02:56:37 PM
...
This is pretty much what I was thinking and thats why I was surprised luc was saying we are going to 500. If we are going to 500 then we could be going much further quite quickly.

That's not possible. 500$ is a reasonable target for the peak of the first sub-wave of wave 1. After that there must be corrections.
I have some doubts that a price level of 450$ - 750$ is going to be sustainable for many months during wave 1 and corrective wave 2, we'll see.
1698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2014, 12:18:52 PM
I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

If you just sold, it's not a bad move, since the market is overbought right now and it may drop a bit. But don't forget to buy back at a local bottom.
1699  Economy / Speculation / Re: Analysis never ends on: October 14, 2014, 10:36:02 AM
1h MACD suggests a correction similar to the one on the 10th is imminent, since market is overbought again.
For the bottom probably around 370$. If lower than that, it would be bearish.
1700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 13, 2014, 08:03:33 PM
Stamp's bid side is depleted (figuratively speaking). If you look at stamp's bid/ask over the last 24-48 hours, you'll see that a number of big buys correspond to big drops in bid/ask. In other words, Stamp is probably partially responsible that we're going up right now, by traders losing patience and pulling bids from the book to market buy, but now they're out of fuel somewhat.

No, China is responsible for the uptrend, Stamp just followed. As for the "bid depletion", it also happens on BTC-E and BTCChina, but not Huobi.
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