Yes, please give the short Atlas his pocket money.

I like how Atlas expects everyone to dance for a single Bitcoin.

Oldminer, you don’t care about actual data from the past 12 weekends? OK, then keep up your confirmation bias.

I plead for removal of "Boss" and "Andrew Bitcoiner" for trying to bribe an admin.

Pretty low.

No, his most valuable contribution was a simple chart with 30d SMA. During the ride down, it never broke through it. It is starting to show the same behaviour now.



Just look up Nagle’s post history https://bitcointalk.org/index.php?action=profile;u=28488;sa=showPosts

Seriously though, why the Speculation forums now, Atlas?

I agree now, although the break was manipulated, apparently it was valid. The next break would kill the long-term trend, and then I will have to bump my 94% thread.

An interesting mix of MtGox outages, BTC not being deposited @Gox, subscribers dumping upon crash warning, HFT bot made that possible, I guess.

Once the long-term trend from 2 breaks, I think it will be important to keep Nagle’s advice in mind.

Are you short, Atlas?

I asked the MtGox CEO, and he said Paxum is mainly used for withdrawals, not deposits.

So it should be affecting prices up, not down, if at all.

This is Atlas, 17-year old who has an obsession over Ayn Rand. What do you expect, you communist?

Atlas, you can go back to the Politics forum now and spare us your gibberish. It was much better without. Please.

It is incredible MtGox allows volumes of 0.0001.

That’s a ten thousandth Bitcoin. I wonder how much fees they make off this?

Get out of my thread, Atlas. You should be contained to Politics & Society where your pseudo-philosophical babble belongs to.

Thanks.

Does this bounty behaviour remind you of anything?

Welcome back, Atlas.

Listen, philosophically, and in an ideal world, I agree with you, but this is speculation, and this is the real world with real people who aren’t all on the same level to see through all BS, and they won’t ever be.  If you want to debate this stuff, we can take it into the Politics forum.

There is a reason market manipulation is a crime, and while I don’t think the actual analysis is manipulation at all, the dynamic of short term updates and subscribers have developed pyramid-like traits among their own dynamic to react upon them, and I believe that S3052 should be made aware of it if he isn’t yet (which I find hard to believe). Plus of course the "public updates" moral issue in which he basically suggests to the public to give his subscribers money.

How about another suggestion? For the PR, S3052 could make private analysis and NOT publish it for a week or two, then publish and evaluate the advice he gave after the situation has changed.

I didn’t, the rate is above my purchase price and secondly, I sold over 5.9. And now GTFO with your Ad Hominems.

I don’t want to argue with your libertarian "might makes right market manipulation is cool with me" logic. I am sure you do not agree with many of my morals. There is a moral issue when someone says he is an expert and then advises the public only to make his subscribers profit because the information is then biased, i.e. not descriptive, but suggestive. There is also a moral issue when an analysis consists of a race to act upon it first without actually reading it.

Why, so he can just serve the public the same thing but without them even knowing that it’s just for the subscribers to profit off? That would be even worse in my view.

Why I am primarily posting this is to warn both subscribers and the public from getting sucked into what I have detailled in my OP, as it can lead to losing money.

First off, I have been a subscriber myself for a considerable time, and it hasn’t always been like this. Second, I do not want to attack S3052, but when I see the bullshit the public and subscribers get served, I just have to call it out.

Why I am no longer subscribed is that S3052’s analysis devolved 1) into a weekly newsletter with updated charts and more importantly, 2) almost pyramid-like zero sum CRASH or RALLY short-term updates.

The subscribers obviously have a disproportionate influence over the market, because they act all at once and the market is already small. Subscribers are also likely to have a bunch of BTC due to the cost of 5 BTC/month.

Now, what happens when he issues a short-term CRASH alert is that people race to sell WITHOUT REVIEWING THE ANALYSIS because they want to be first. So when his E-Mail hits, all subscribers try to sell before each other, creating what we have seen.

So, what is the problem?

The problem, or the - almost a kind of scam – is that a) subscribers only sell to buy back immediately at lower levels, so the last one loses out and b) the public gets spammed with suggestive manipulation AFTER the subscribers have sold.

I have already seen this multiple times as a subscriber myself, and it is despicable.

Solution: Either make your analysis completely public or completely private. If you share analysis to influence the public for your subscribers’ gains and make money off it, I see a huge moral issue.

Indeed. This is not the first time, I observed the same and lost money because I tried to profit off it – but there were too many like me. The target was not even remotely hit.

The depth to 5 has regenerated once again from 60k to 95k (on a weekend, and on a higher low). You know that the depth is genuine with high probability because buyers have to consider a 45k or larger dumper anytime.

Sorry sellers. I only trust my own analysis anymore, and my analysis, especially as I read this latest info is that this is a manipulated and fake breakdown from people who actually want to be long.

The price has bounced off the long term trendline. That is ALL I need to see for a buy signal. So yes, there is reason to be long in my view.


http://www.sierrachart.com/userimages/upload_2/1329052797765.png

I applaud you guys

 

So if there is The Manipulator, Edward50 is The Manipulated. 

Ready when you are.


Sold some, eh?

Interesting. To me, this confirms that depth is a lagging and at best a contrarian indicator for investor sentiment.

Useless.