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10241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 05:14:35 PM
Does this make us all honorary members of the illuminati? If so that would be awesome!
Sign me up.

OMG ROFL I just received this email... Apparently Satoshi is a high ranking member of the illuminati! Or is the Illuminati!


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Dear concerned citizen,

The dark years of Illuminati are over.

Once on the brink of extinction, the secret society has powerfully re-emerged in the United States.

In fact, it now wields more power than ever.

As founder of a major publication, Wall Street Daily, I can say the following with absolute conviction....

Illuminati was behind every consequential wealth event of the past year.

Its biggest coup was the emergence of bitcoin. (Crypto-currencies have always been the classic signature of Illuminati.)

Please be warned...

Illuminati's next bombshell will be even bigger.

It's scheduled to hit America in January.

While the public desperately waits for the dust to settle...

Illuminati members will get even richer.

To access the full Illuminati Report, including details of its next bombshell, click the link below.

Yes, I'd like to access the Illuminati Report.

Happy New Year,


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Ah, THAT explains it... Robert Williams? He's a singer in Greece! Seriously WTF???

wtf why did you leak this, this is for honorary members of the illuminati's eyes only.

 Cheesy
10242  Economy / Speculation / Re: Dreams affecting investment decisions. on: December 31, 2013, 04:22:28 PM
I wonder to what extent Bitcoin dream content affects a person's Bitcoin investment decisions?

I may also say to what extent instinct or 'intuition' affects Bitcoin investments, but I would imagine that many people mistake 'fear' or 'wish fulfilment' for intuitive thinking, which it aint.

I say this because every time since the last crash that I make a sizeable venture into Bitcoin, I am waking from my sleep on the back of dodgy Bitcoin dreams (dodgy if you have money invested). I perhaps spend too much time on this forum and whilst I like to think the messages of the Bitcoin Nutters' wash over me like water off a duck's back, there have been some good balanced posts from bullish members such as T.Stuart or dg2010, that kind of sway me into thinking that the waters of Bitcoin are now calm and settled, and thus safe. Last night however, I dreamt that these waters were infested with sharks. I woke up, went through to my PC and checked the charts....everything stable, went back to bed.

A couple of hours later, I dreamt that my buy-ins (I have some at low $700s for trading purposes) were triggered, but the price kept falling and falling, hitting $100 range. I woke up, for the second time and went through and checked the charts. Again, everything stable just as before but in order to get a decent sleep, I cancelled my $700 range buy in tranches. My heavy $100 - $250 buy-ins remain. I slept soundly after that.

Since the crash, the volume of Bitcoin trade has been very low. If China has indeed been priced out the market and Bitcoin does behave true to past form, then all rational analysis should point towards right now being a great buy-in point for Bitcoin investors, but nobody is buying in. I wonder to what extent investors subconscious instincts are preventing them from investing in Bitcoin.

I am putting my hands up and admitting that I am throwing all rational argument out of the window regarding Bitcoin. The reason for this is that I recognise that the human rational mind is a very limited faculty, whereas the irrational or subconscious mind, although it's messages can be vague and cryptic, is an infinitely more powerful processor of information.

Indeed George Soros once stated that he believed that the key to being a successful investors was more instinct than anything else.



listen to your dream
I had a dream i would be selling a large amount of bitcoin and then watch it go up up up, this is exactly what happened   Sad

Quote
all rational analysis should point towards right now being a great buy-in point for Bitcoin investors, but nobody is buying in. I wonder to what extent investors subconscious instincts are preventing them from investing in Bitcoin.

ALOT of poeple bought into bitcoin not as an investor but a short term speculator, this is why Post bubble buy in is less then Pre bubble buy in.
10243  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 10:06:50 PM
I recently learned I am one-degree of separation from a great whale manipulator.  Manipulation is happening.  I also learned that the exchanges realize this and are cracking down on it behind the scenes (they obviously don't want to come out and discuss this openly).  And besides, as the market grows, manipulation is becoming more difficult anyways.

But it's important to note that the great whales do not want bitcoin to crash to the point where it truly damages confidence.  They know they cannot quickly cash out 100,000 BTC and nor do they want to because they believe that bitcoin is the future of money.  

In fact, the more I think about "manipulation" and "whales" the less I see it as manipulation in the first place.  What's wrong with putting up a 1,000 BTC sell wall to try to drop the price?  By doing this you are risking a larger whale eating your wall in a single bite--live by the sword and die by the sword it seems.

In conclusion, the great whales--more often than not--are allies of bitcoin.  

I agree. I'm not sure why "manipulation" is seen as illegitimate. Maybe I should read up on history. Can someone point me to something in history that meant trouble and triggered all the regulation we have in the "regulated" markets?

In my current naive mind, I can see a "manipulation problem" only when "unfair advantages" are being played, like in the case of naked short-selling, for example.


THIS!

in that view, bitcoin is the least manipulated market of its time.

it truly is a free market

if only we could do away with the shitty USD legacy system, and trade Crypto for Crypto in a decentralized fashion, this market with be totally impossible to manipulate
10244  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 09:57:03 PM
Rumour time!

Quote
TIL that a major US hedge fund investor will announce a significant position in #bitcoin within the next several days. Happy New Year!

Source: https://twitter.com/twobitidiot/status/417769054326108160

More details here:

Quote
The investment firm has apparently raised even more money than SecondMarket's Bitcoin Invesment Trust. I'll repost with details and firm names once the full story is pieced together.
Who is this guy? Two Bit Idiot?

obvious BS is obvious.
10245  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 09:43:45 PM
What is this deadline for, specifically? Wasn't it just for third party payment processors to stop servicing BTC exchanges? Hasn't this already been done?

i would expect the government to put its foot down and really stop CNY deposits of any kind to bitcoin exchanges
10246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 09:38:54 PM
ok the china deadline is tomorrow

why is the market not reacting?

Tomorrow? It was the Chinese New Year, not? So, the deadline should be the 30.1.14.
Yup, it was Chinese new year, so we still have another month to go.
oh the deadline it on the 30th of next month.

shit

i thought it was tomorrow
10247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 09:32:41 PM
ok the china deadline is tomorrow

why is the market not reacting?
10248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 07:53:33 PM
my bee brothers order come in just now

Much honey
Very gift
Such Delicious

Buy all the bitcoins, and live off honey and caramels!

10249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 04:18:44 AM
fuck there goes another one of my coins....
damn it, i think i'm starting to believe my own FUD

oh well

when i wake up price will be.... 760

good night!
10250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 04:01:44 AM
Double top

Go down on her, you know you wana
10251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 03:45:30 AM
850 would be the top in this hypothetical double-top, yes?

more like 839 but 806 is also acceptable

doesn't have to perfectly line up with the previous top



I am all in at 800.

The top is a long way off...

well that's a ballsy move.

In the immediate short term, just looking at the 21/10 EMA crossover there was a buy signal in the last 24 hours. It could touch 400-500 again, but we're probably in some sort of rally at the moment: http://bitcoincharts.com/charts/mtgoxUSD#rg10zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21zv

good time to go all in i guess
10252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 03:28:21 AM
850 would be the top in this hypothetical double-top, yes?

more like 839 but 806 is also acceptable

doesn't have to perfectly line up with the previous top



I am all in at 800.

The top is a long way off...

well that's a ballsy move.

is this your first buy?
10253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 03:17:41 AM
850 would be the top in this hypothetical double-top, yes?

more like 839 but 806 is also acceptable

doesn't have to perfectly line up with the previous top



I am all in at 800.

The top is a long way off...

well that's a ballsy move.
10254  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 03:10:52 AM
850 would be the top in this hypothetical double-top, yes?

more like 839 but 806 is also acceptable

doesn't have to perfectly line up with the previous top

10255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 02:35:25 AM
Happy New Year Dump, muhahahahah!



Sorry guys, I'll dump some hundreds of thousands bitcoins during the new year night.

my savior!
10256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 02:28:32 AM
We got movement again.

Is this the last bull trap before capitulation or are we really fueling this train?

$800+ on Gox currently, nice buy orders in the last few hours for decent jump.  I still see this as a bull trap but at some point the train will leave the station and these prices jumps won't always be traps...

we will probably paint a double top

the bulls are overly confident...

when china falls in <72hour watch out!
10257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2013, 01:24:54 AM
equilibrium (even with fluctuation) is realistic.

there are somethings that the usd is better for and some things btc is better for. one will not kill off the other any time soon.

500 years from now? sure... gold might be the thing again by then, lol.

Agreed - but let me run this by you, it's been bugging me:


Digital currency - in the form of neutral, non-centralised and trustworthy value transfer systems make sense.

But whether BTC is Myspace and not Facebook, or AltaVista and not Google is a moot point.

Change will come, yes - but Bitcoin is a pioneer and something better could well take advantage of the doors it opens.

A network of P2P value exchange is obviously necessary, but BTC is just showing what is possible, and the coin value is much less relevant than the actual network value (which cannot be bought).

We actually cannot (yet) buy what the value of this idea is, anymore than you can buy shares in the internet.   The real money is in the applications regular people can really use.

They are not there yet, they will be and this will 'make' bitcoin, but to be honest I am beginning to thing the price of a coin is really missing the point of what we are part of and I am seeking ways to invest in applications for this technology, not the coins which flow between the points of its' network.

Philosophical drivel maybe - but I do not here anyone here discussing this kind of 'future' when it seems patently obvious to me that we are not thinking what the applications riding on the network could actually do, and mean for the future.  Not just the 'price' of a coin.

yes but after ww3 we might be back to shiny rocks being the most advanced thing we have.


assuming we dont ww3 cryptocoins are unstoppable. its why i massively got in ltc.

would you say that now is still good time to invest in ltc or would it be wise to wait that it dips a bit?

invest in FTC!
10258  Economy / Speculation / Re: What do you do in stagnant markets? on: December 29, 2013, 11:44:41 PM
Stare at charts all day piecing together useless TA and tinfoil hat conspiracy theories while accomplishing absolutely nothing.

this has worked wonders for a gr8 many bitcoiners
10259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 11:31:19 PM
Wow look at this sudden massive flow of delusional bulls that partied too much over the holidays or something. All the sudden due to a couple buys on gox on a low volume day and some squiggly lines we are ARE BACK IN THE BULL MARKET GOING TO DA MOON NEXT STOP 10000 LOLZ.

Really? Do you not remember this exact same fake breakout in May? Like I said this weak rally is going to probably $900 maybe a bit higher before reversing into final capitulation to $500.

no way it wont even get past 760 ( Stamps )

Sorry Adam, what are you saying?  BTC wont go higher than 760 on Stamp???....shurerly shome mishtake

we'll see...

the math geek would have you blieve bitcoin is going to the moon, meanwhile they buy dogecoins.....
10260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 11:21:36 PM
Wow look at this sudden massive flow of delusional bulls that partied too much over the holidays or something. All the sudden due to a couple buys on gox on a low volume day and some squiggly lines we are ARE BACK IN THE BULL MARKET GOING TO DA MOON NEXT STOP 10000 LOLZ.

Really? Do you not remember this exact same fake breakout in May? Like I said this weak rally is going to probably $900 maybe a bit higher before reversing into final capitulation to $500.

no way it wont even get past 760 ( Stamps )
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