I'm beginning to think that 5btc might be a nice chunk of money by 6/1/12
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christ... all this for $20
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....this thread has gotten way out of hand... suing over 5 bitcoins?! dude... think about what you're doing here O.o edit: Sorry, misread things and thought the joint was suing. lol
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In the next week I will add historical depth preview.
yay! No more daily depth blog.
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not saying that what they are saying will happen, but it went to 3.5 and started to recover? seems like they are right on so far?
Well, looks that guy with the 5000BTC at 3.80 chickened out. proudhon, we were making a month-scale prediction and here you're talking about a short-term correction with people cashing out. I don't see anything wrong with our hypothesis yet.
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1. up Dec 1 - $3.14 2. dn Dec 4 - $2.63 (50% retrace) 3. up Dec 19 - $4.5 4. dn (pick your own retrace target) 50% would be =~$3.57 5. up ~$5.8+ target
This sounds similar to what I'm thinking. Going to $6, guys.
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time to pay zer0 told me privately that he would repay at approx. 6PM (EST, probably) tomorrow, so let's wait a bit
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Might as well get in before all the January slots are gone.
1/23/2011
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Payback coming tomorrow... hope zer0 comes back online
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Proudhon bet you 50 Bitcoins that the price doesn't dip below $2 in the next 2 weeks.
lol I thought you had something worked out with Proudhon and were offering it to S3052...
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No thanks.
Propose a better bet then. We want you to back up your bearish sentiment with money
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Tranfers to MtGox via redeemable USD code (do NOT exchange to BTC, huge fees on Bitcoinica for that). Link up Dwolla to MtGox. Transfer USD from MtGox to Dwolla. Link up checking account to Dwolla. Transfer USD from Dwolla to checking account for 25cent fee.
If you don't already have all those accounts set up and linked it is going to take you a while, at least a week, to complete the process. See how easy Bitcoin is!!! /sarcasm
Thanks, looks like I picked the right places, I'll finally get to use the Dwolla account for something. Wow, did you go long at 10:1 at 3.2? lol i did at 7:1 but i bought bitcoin using dollars, i assumed the fees were not too great, am i wrong?? wow... you must've made a nice bundle of cash.
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Read more quotes from a socialist? edit: Here, have a quote. "Until the great mass of the people shall be filled with the sense of responsibility for each other's welfare, social justice can never be attained." -Helen Keller It was an obvious truth, stated well, by someone who knows that subject more than the rest of us. Helen Keller undoubtedly was an expert on the falsehoods of security, for she had none except for what was provided for her by others. Just because she was insightful in this topic, doesn't imply that she was equally insightful in others. Likewise, the Unibomber made some good points in his manifesto and he was a homicidal nutjob; but the fact that he was a homicidal nutjob doesn't necessarily detract from his other insights. There are many other current examples that comes to mind straight away, such as Occupy Wall Street and Glen Beck. I know that; I'm just poking fun at you.
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For controversial impact... ...these motifs could be merged. Try my avatar edit: Just FYI, in Russia, Communism isn't that controversial (or, more precisely, it's controversial but you won't shock anyone with a hammer and sickle)... the Communist Party gets a significant portion of the vote regularly.
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Tranfers to MtGox via redeemable USD code (do NOT exchange to BTC, huge fees on Bitcoinica for that). Link up Dwolla to MtGox. Transfer USD from MtGox to Dwolla. Link up checking account to Dwolla. Transfer USD from Dwolla to checking account for 25cent fee.
If you don't already have all those accounts set up and linked it is going to take you a while, at least a week, to complete the process. See how easy Bitcoin is!!! /sarcasm
Thanks, looks like I picked the right places, I'll finally get to use the Dwolla account for something. Wow, did you go long at 10:1 at 3.2? lol
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This is a lopsided bet. if you win you get 50 BTC at a high price, and if you lose you give 50 BTC at a low price.
That is true. If you want another bet, you can go off and make one. The offer stands.
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Come on proudhon, let's do this. FlipPro also wants 50 BTC on the winning side... oops, I mean, the >$2 side. Won't drop below $2: 100 BTC = 50 (me) + 50 (FlipPro) "WON'T DROP" SIDE IS ALREADY CLOSED TO BETTING. Will drop below $2: 0 BTC <--- BEARS YOU SHOULD MAKE THIS HUGE RulesWinners will divide the winning bets evenly, according to their contribution. (50/50 if we win) Betting closes 12/22/2011 12:00 AM GMT. "Next 2 weeks" starts when betting closes.
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Read more quotes from a socialist? edit: Here, have a quote. "Until the great mass of the people shall be filled with the sense of responsibility for each other's welfare, social justice can never be attained." -Helen Keller
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Also individuals could be modelled to run out of money, for example, and are then forced to switch trading model. Should that be modelled down to the individual level or can that be modelled by flux to different bots? Will we end up with too many possibilities of "optimal distributions" and no predictive power in the end? I think these (and more) problems cannot be easily answered without getting our hands dirty and trying the idea. On the other hand: this just has to be better and more (automatically) flexible than technical analysis Actually this has to have been tried already or be used in the wild (non-bitcoin trading world), no? Individuals shouldn't matter at all, just the amount of money following each model. The nice thing about this is that any completely inferior trading model will naturally bleed money to the better models (like a bad trader running out of money). I have a graduate course in optimization this spring. Maybe I could use this as my project. How can you possibly determine 1. How many trading models there are and which ones 2. Proportion for each model 3. Whether you missed any models
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