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1361  Other / Politics & Society / Re: Sheriff's investigators release initial findings on Obama eligibility on: March 07, 2012, 02:19:22 PM

1362  Economy / Speculation / Re: This might be the end of the correction on: March 07, 2012, 01:34:37 PM
I think price discovery is complete: bitcoins are worth about $5 each.  There's a good chance they'll trade in the $4 to $6 range for many months to come.  The possibility of a crackdown by US feds will keep new big players out of the market, and encourage old big players to exit the market.

Do you really think that BTCUSD is stabilizing?  Every time someone says price discovery is complete, I laugh... they said it several times last year.
"BTC are worth $14."
"BTC are worth $5."
"BTC are worth $3."
1363  Economy / Speculation / This might be the end of the correction on: March 07, 2012, 03:20:35 AM
Full disclosure: This is my personal opinion.  I'm not trading on it; nor am I trading at all.  I hold a considerable amount of BTC.

Here we are at a deciding moment.  A breakout up is very possible in the short term.

The critical price range to watch is $5.2-5.3.
1. Top of the earlier spike.
2. Depth is less steep after $5.2.
3. Mid-term downwards trendline is currently at $5.2-5.3.
4. .2's are crucial supports/resistances in the bitcoin market for some reason.
5. Long-term EMA (200) is at $5.3.
6. $5.2 would represent a decisive break from SMA(30) (the famous Nagle Line)... anything less might be a false alarm.
7. We simply haven't been above $5.2 for around 3 weeks.  It's definitely a major psychological resistance level.
More generally, a move up at all at this point or in the next few days would be bullish, because it would confirm the upwards trendline since $3.87.  

Now, it's time to wait. Smiley
1364  Other / Meta / Re: Boss is baiting people with fake sale post on: March 06, 2012, 10:00:41 PM
he sure has a lot of PMs Shocked
1365  Economy / Speculation / Re: Nagle on: March 06, 2012, 06:13:01 PM
It is truly incredible how well Nagle’s MA is holding up. AGAIN.



We're breaking it!  Let's hope this continues!
1366  Economy / Lending / Re: INeededALoan: 300 BTC availability @ 15% MPR on: March 06, 2012, 04:09:35 PM
Alright, 300 BTC more in available space now.
1367  Other / Politics & Society / Re: Private enterprise bankrupting America? on: March 06, 2012, 02:33:24 AM
If they have published numbers that don't support their point, show them.  Its the willingness to accept what they mean that is a problem.

I hate reading these stories... I just know at the end I will have two choices:

1) Resign myself to being slightly indoctrinated
2) Spend hours trying to figure out whats actually going on (what the numbers in the charts mean, what are the distributions of numbers that lead to the averages, etc)


In good time. This is worthwhile to be informed about.


Ah - so when you said "The numbers they present do not actually support it though" you haven't found the numbers that are "wrong" yet.

Isn't that sort of "you keep your facts and I keep my opinions" approach exactly what ineededausername was talking about?



Exactly -- one cannot claim to be either rational or open-minded if one assumes the opponent is always wrong, and then works from that assumption.
The numbers are correct until they are proven wrong.
1368  Economy / Trading Discussion / Re: Delete. on: March 05, 2012, 02:00:05 AM
Closed due to excessive interest.
1369  Economy / Speculation / Re: I would supply my contact info to bitcoinica... on: March 05, 2012, 12:41:14 AM
electricmucus, you're back Grin
1370  Other / Politics & Society / Re: Private enterprise bankrupting America? on: March 04, 2012, 03:00:43 PM
I hate reading these stories... I just know at the end I will have two choices:

1) Resign myself to being slightly indoctrinated
2) Spend hours trying to figure out whats actually going on (what the numbers in the charts mean, what are the distributions of numbers that lead to the averages, etc)


So you refuse to accept facts that do not conform to your political views?  The facts have to be false, and if they don't appear to be false, you are being "indoctrinated?"

Well, it might be a bit extreme to say that you don't accept them.  Perhaps you reluctantly concede.

This is the reason why debates change nobody's minds.  Because you already assume the opponent is wrong and because you give your own position a "second chance," you can always find a rational retort after a while. 
1371  Other / Politics & Society / Re: The Ultimate Dilemma Sans Dogma on: March 04, 2012, 02:57:33 PM

the irony is delicious
1372  Economy / Long-term offers / Re: First Pirate Savings and Trust on: March 04, 2012, 12:30:50 AM
question: are incoming deposits checked against suspected 'stolen' coins and then frozen for 12 weeks pending investigation and then eventually confiscated stolen?


You holding stolen coins from Linode hacks Huh

Not good if true ...  



i knew there'd be a % of people who would suspect that.

i better shut up and start praising gox for their divine wisdom and site policy.


Praise de lawd, Magic the Gathering Online Exchange!  May its holy name never be desecrated.
1373  Other / Meta / Re: ADMIN why are you deleting my threads? on: March 04, 2012, 12:27:29 AM
Good reason:
- They were in the wrong section.
- You're posting way too many "announcement" topics.

Real reason: Fuck you, scammer. Angry
1374  Other / Off-topic / Re: Total time logged in: 40 days, 21 minutes. on: March 03, 2012, 06:18:16 PM
Total time logged in: 43 days, 23 hours and 0 minutes.
fuuuuuuuuuuuuuuuuuuuuuuuu
1375  Economy / Marketplace / Re: We just received a 20K BTC deposit. Thank You !!! on: March 03, 2012, 02:55:11 PM
If he actually DID get all those stolen coins, who did he scam?

I guess everyone is thinking that he didn't scam anyone, but he deserves a scammer tag all the same.  I sort of have the same opinion.
1376  Economy / Speculation / Re: Summary of recent events? on: March 03, 2012, 02:12:52 PM
Why does bad news always come in tides Sad

It's like Elliott's up in the sky dictating fundamentals.. haha
1377  Economy / Speculation / Re: Nagle on: March 02, 2012, 03:41:21 PM
We've seen what happens when there's no bad news for a few months.  I hope that happens again.
1378  Economy / Speculation / Re: Predict the price on 3/1/2012. on: March 02, 2012, 02:59:13 PM
just sent out the prizes
http://bitcoincharts.com/bitcoin/txlist#6123832272e59b499cf632648f2b8cc00af3333c1b5f4e6ece09edd408c3942c
1379  Economy / Lending / Re: $420 loan, $500 payback on: March 02, 2012, 03:03:55 AM
This person will become a billionaire.  Get in early and reap the rewards.
1380  Economy / Speculation / Re: Rocket is secretly taking off yet again! on: March 02, 2012, 02:49:26 AM
The worry for traders is that there's now somebody with at least 13,000BTC who probably would prefer having USD.  And it's not really the 13,000 known stolen BTCs that's troubling.  It's that they've probably nabbed a lot more than that.

and zhou will buy coins to offset it... it's really neutral at this point
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