Ah, good old Cryptsy. They don't allow the fresh depositors to sell until the big dump or over or the pump becomes a real rally and the deposit time gets too ridiculous.

Ah, now I regret I quit following the DRK price charts and news about two weeks ago (after watching the noting for two months).

Didn't you mean DarkCoin pump?

Blitz should append this to his quote.

So you are not late to stop before ever started.

yeah, but we still didn't crash below last year -> So, you couldn't possibly loose anything, right?
yeah, but we're still up from two years ago -> So, you could actually make a nice profit anyway.
yeah, but... but... we are still going up next year! -> So, you can still profit if you haven't already.
but...

Really? How come? Traditional dark markets sell alcoholic drinks since some governments put tremendous amount of special taxes on them and/or strictly forbid selling home made liquors (and/or even forbid/limit that process in any form).

And what psychoactive substance(s) did you happen to consume which let you senses all the possible future pasts?
A little hint for our common reality: Gox went down before the FBI auction
Though I understand why you would prefer the reality in which Gox died much earlier.

Haven't you heard? The Great Insect War is long over and His Shadow is also dead. The Bru-nnen G took care of them all. You were wise to choose the reptilian race. What made you reanimate these old fallen gods? Lizards eat insects. You are going backwards.


Otherwise, these Darknet markets should really improve their security measures. I might even want to use some of their services one day but I would be a fool to do so until they prove to be much more reliable than a random stranger on the corner who wears a badge in his pocket.

That happened already in the sense of certain moving averages based on certain points in that time frame. It didn't happen in the sense of raw numbers but there was a 30k sell wall last time which isn't very representative. So, unless somebody plans to emerge another similar wall and/or sell a similar amount during a short time frame in any public form, I wouldn't expect the raw numbers to shoot that far from the moving average. Thus, I guess it won't go down below 300$ any time soon. However, I am far from being sure enough to do a leveraged margin buy @340$. I am just saying that your second bottom is technically behind us, thus I wouldn't wait for it too long if it seems to be taking off.

Edit: LOL, I should have executed that buy instead of typing. It went up 6$ by the time I posted.

I am optimistic.



It will reach ~348 before it falls back to ~330.




All you need is to invent a math which allows the division by zero and you rule the world.

I had this software opened, so I couldn't resist.



P.S: The green is actually the real thing. And it's scary as f¤ck! (If you want higher prices, that is...)

In my personal opinion they (Winklevoss brothers) are ever-lucky fools (considering who they are but where they are today).
However, I barely know anything about them other than they are being related to Facebook, Bitcoin and Olympics (which I find to be a strange combination because you can't fine-tune both your body and your mind for two distinctly different things at the same time; testosterone can suppress higher mental functions for some limited degree and business requires a different mindset than sports).
I saw the Hollywood movie about Facebook (which I assume to be very far from reality) and I saw them talking about Bitcoin a few times here and there (mostly in those kind of talk shows which probably don't allow anybody to talk freely and honestly) where they gave me the impression that they are admittedly planning to dump most if their BTC for as much USD as possible rather than planning to build a future around it so they can keep it.
They probably see the current price as an overinflated bubble (still) and they wouldn't buy a single satoshi if they discovered BTC today. This implies they are probably ready to dump for a lot less (~100$ or less) if they come to the conclusion that they should do so.

So, we should sum the money spent on mining hardware (it's a little tricky for the early general purpose hardware which probably got re-purposed by now but was allocated for some time and got partially degraded ; and it seems almost impossible to get accurate data from ASIC manufacturers) and integrate the average watt/hash (which is a little difficult but could be guessed with a reasonable tolerance) with the hash/time graph (this one is really easy to get) and extrapolate a little bit into the future (until the money spent becomes a coin sold - but it's probably not more than a few days, so given the big uncertainty of other data this step can be safely skipped).
I don't even wish to guess anything closer than "between 10 and 400$".

Well, I didn't want to go as far as predicting what might happens next if the invisible wall around ~315$ gets breached. I don't try to predict the events of a future chaos. I am happy if I can tell chaos is coming or gets dodged.

Poll suggestion: <=315$ in 24<t<48 hours?

But if it keeps going on (merchants continue accepting BTC and some people pick up the habit of paying with BTC while they are effectively just dumping their old coins via merchants) there will be an inflexion point where one must buy fresh BTC in order to be able to spend it (the old stash will run out otherwise; or actually run out but that at least means a stop of merchant dumping).

This might help you practice staring at charts: https://www.youtube.com/watch?v=TpU5O_Uur_c
You might also place this on one half of the screen while watching the chart on the other. I am not sure if this will help you make the right decision but it will certainly do something, or don't, I don't know.
(BTW, their "Honest Trailer" clips are actually funny.)

I don't think so. Not for long. I am starting to feel a little uneasy about my active short. May be we are close to an actual trend reversal (with our without another quick <300$ visit).


K, let's find out if he has the power to ban himself. I dare you both, do it!

I prefer the Bitfinex data overall:
- China should be considered 100% fake
- Bitstamp have been tainted by that very unrepresentative 30k sell-wall event (I would say it's 50-50 if that's a good or a bad thing to include and I place my bid on that it's not)
- Bitfinex represents something like a "real market" as close as any Bitcoin exchange might get nowadays (I consider the active leverage trading as a positive thing in this regard)
So, I support the idea that nobody really know what might happen next. I guess this where somebody should call the "critical" time, yet nobody does that anymore (strange).