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981  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2014, 02:54:09 AM
Dump will happen any minute now. I guarantee it.
just to get to 450, stamp would have to dump 2k coins, on a very quiet day.
982  Economy / Speculation / Re: BTC Fractals. on: May 01, 2014, 11:16:07 PM
http://fractalfoundation.org/resources/what-are-fractals/

the moving illustrations show it best  Wink
983  Economy / Speculation / Re: BTC Fractals. on: May 01, 2014, 10:03:22 PM
Are you saying that the part inside the box looks like what follows?

Or are you saying that the part inside the box looks like the whole?

the part in the box looks like the whole and vice versa. There are two other fractals within the whole that look like the whole, the I wave and the V wave (although 'I' is messy). Same for every fractal, down to (i) scale.

I am using the III wave as an example because III waves are always the best defined of all waves.
984  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 10:17:51 AM
And the moral of the story here folks is that Chessnut would take money out on leverage to do this trade if he truly believed we were going to break out of this bear market.  But he doesn't and so he avoids doing that and he avoids my bet offer.

Always watch what people DO not what they SAY.

you idiot. do you realise that you could play to the bet with 100% certainty to make a net win if you put a long on Bitfinex? I deserve the correct odds.

I am long from 430.... you know that all too well.
985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:21:03 AM

What? The odds are 1 to 1.

We are 50% between 2555 and 3106. 

Which one do we hit first?

As you have less coins than me, I deferred the choice of amount to you.

why the fuck would i bet with you on 1:1 odds when the market is offering me 1:3!?

So you will make 300% profit if we get to 3106??

What the hell are you talking about???

Take the bet and win and make 100% profit on a 15% move.

What universe are you living in right now?

If a go long here, ad it goes to 3500, I make $300. if I short here, and it goes to 2500, I make $100. not to mention, I can reverse my position if fundamentals change on the market, I cant reverse my bet. You better offer me 4:1 odds at least or it's not worth my time.

If you make a bet you believe in based on 100% of your posts you make a 100% profit on <15% market move.

Thats better than doing long or going short.

You are a fucking idiot.

if you dont offer me 1:4 odds, I can use the capital on leverage to make more money on the same bet, at lower risk too. fact. Im not going to stuff around like this.
986  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:19:01 AM
Ill finish this off later, I have to go to work.
987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:18:13 AM

If you use bitcoins as your measuring amount, then if bitcoins go up, the winner will win more and if the price goes down the loser will lose less.  So, odds already seem to be built in favor of the one who is betting that the price will go up.  No?

Thats true, the odds would be 1:x-15% lets say, 1:4-15%.
988  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:15:51 AM

What? The odds are 1 to 1.

We are 50% between 2555 and 3106. 

Which one do we hit first?

As you have less coins than me, I deferred the choice of amount to you.

why the fuck would i bet with you on 1:1 odds when the market is offering me 1:3!?

So you will make 300% profit if we get to 3106??

What the hell are you talking about???

Take the bet and win and make 100% profit on a 15% move.

What universe are you living in right now?

If a go long here, ad it goes to 3500, I make $300. if I short here, and it goes to 2500, I make $100. not to mention, I can reverse my position if fundamentals change on the market, I cant reverse my bet. You better offer me 4:1 odds at least or it's not worth my time.
989  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:09:57 AM

What? The odds are 1 to 1.

We are 50% between 2555 and 3106. 

Which one do we hit first?

As you have less coins than me, I deferred the choice of amount to you.

why the fuck would i bet with you on 1:1 odds when the market is offering me 1:3!?
990  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 06:01:57 AM

you sold at 430. I bought at 430. you lose.

My average buy in is <$40. My average sell price is ~$400.  If that's losing, I'll take it.

How about this one.

I trade 1000s of bitcoins. Chessnut trades single digits. If that's losing, I'll take it.

Billy, I wasnt accusing you, it's windjc that I have that argument with.
yeah no problem windjc. you are good to have around.



Hey Chessnut. You wanna make a bet on whether Houbi rallys past 3500 from here?  Lets say I win if Houbi makes lows lower than 2555 and you win it makes gets to 3255 first. We are 50% right in between the two at the moment.

I'll bet any amount you can afford.

For fun.

Im already betting on the market. Im not going to mess around with escrow, unless you want to honour the bet.

Mess around with escrow? What does that mean? Sounds like a silly excuse.

I will honour the bet if we agree. Will you?

you offer me the odds, and Ill let you know. you could set up a private bet on bit bet. I'd go for that. Im not going to bet a fun amount, my coins are mostly in cold storage and on the exchange tied up as capital.
991  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:51:22 AM

you sold at 430. I bought at 430. you lose.

My average buy in is <$40. My average sell price is ~$400.  If that's losing, I'll take it.

How about this one.

I trade 1000s of bitcoins. Chessnut trades single digits. If that's losing, I'll take it.

Billy, I wasnt accusing you, it's windjc that I have that argument with.
yeah no problem windjc. you are good to have around.



Hey Chessnut. You wanna make a bet on whether Houbi rallys past 3500 from here?  Lets say I win if Houbi makes lows lower than 2555 and you win it makes gets to 3255 first. We are 50% right in between the two at the moment.

I'll bet any amount you can afford.

For fun.

Im already betting on the market. Im not going to mess around with escrow, unless you want to honour the bet.
992  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:47:27 AM
And he admitted the mistake he made was not getting confirmation on the breakout that failed.

the market can go up or down windjc, I can say two thing and one must come true. if TERA said a bear trap was coming when the breakout failed well thats hardly predictive.

Seriously. You and Risto and George W. Bush are the 3 people least likely to admit a mistake I have ever seen.

you are the least likely person to make a valid response to anything.
993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:46:37 AM

you sold at 430. I bought at 430. you lose.

My average buy in is <$40. My average sell price is ~$400.  If that's losing, I'll take it.

How about this one.

I trade 1000s of bitcoins. Chessnut trades single digits. If that's losing, I'll take it.

Billy, I wasnt accusing you, it's windjc that I have that argument with.
yeah no problem windjc. you are good to have around.

994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:44:48 AM
And he admitted the mistake he made was not getting confirmation on the breakout that failed.

the market can go up or down windjc, I can say two thing and one must come true. if TERA said a bear trap was coming when the breakout failed well thats hardly predictive.
995  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:41:30 AM
Ive got a chart too



any surprises a head and shoulder on two major trend lines, one turned support?
You're using a linear chart. I told you guys there would be a trap with a breakout on linear chart but resistance by logarithmic chart.

you went bullish when it broke the huobi logarithmic wedge.
996  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:36:04 AM
Ive got a chart too



any surprises a head and shoulder on two major trend lines, one turned support?
997  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:28:44 AM
A Gambling company.  Casino owners know value? I lived in Vegas before the great 2008 Crash. I assure you they do not.

I said Gaming, not Gambling.

Yes, your attempt at spin is obvious.

hmmm not sure whats your point.

a gaming company buying bitcoin is uber bullish. the innovators have foreseen that this would be one of the first applications in the real world. ithe next wave is beginning.

I am not denying that gambling is an excellent use case for Bitcoin. I am saying that casino operators aren't any better at market timing than anyone else.

I said GAMING.
998  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:22:32 AM
A Gambling company.  Casino owners know value? I lived in Vegas before the great 2008 Crash. I assure you they do not.

I said Gaming, not Gambling.

Yes, your attempt at spin is obvious.

hmmm not sure whats your point.

a gaming company buying bitcoin is uber bullish. the innovators have foreseen that this would be one of the first applications in the real world. ithe next wave is beginning.
999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:16:14 AM
Has this 40K btc purchased news actually been confirmed by anyone as legitimate? I saw it linked on some Chinese site. Perhaps it's a Chinese pump before their next dump.

This purchase could technically happen 300 times. But who is to say it will happen even one more time? It takes more than just some occasional institutional investor to cause a reversal - there needs to be a trend of new people getting interested and actually wanting to use the technology, or a new market.

The daily chart is trumped by the weekly ema downcross. All the little patterns and indicators you are looking at will just get erased with a random giant red candle out of nowhere.

yeah it was confirmed.

how could it happen 300 times? that's wishful thinking. 300 market orders? or shall they put up a 5 million BTC buy wall on bitstamp?

I am using the daily chart. and I wish that you could guarantee that my 'little patterns' will be wiped out, but you cant. what we are seeing now  believe is the market preparing for July, when for the first time legit exchanges will be opening in America. we will see all the legit money that's been held back,  and perhaps china follow the lead of the USA as expected.

For such a "TA" guy, you are nothing but a cheerleader.


you sold at 430. I bought at 430. you lose.
1000  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2014, 05:06:09 AM
A Gambling company.  Casino owners know value? I lived in Vegas before the great 2008 Crash. I assure you they do not.

I said Gaming, not Gambling.
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