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3301  Economy / Speculation / Re: Goomboo's Journal on: January 24, 2012, 04:23:11 PM
I'm not seeing it.  Are you saying there was a crossing while today's candlestick was still forming?  Do you not wait for each candlestick to complete before looking for crossings?  Either way, it doesn't look like the price has been low enough at any point today for the moving averages to have crossed:
Change it from Daily to Hourly - then you will see it Smiley


Thx, @Goomboo - it's a very nice topic!

But what do you do when it looks like this?


It doesn't seem like crossing, yet - does it?
You wait - or you sell?

"It's a bull market you know!"  Cheesy
that's probably one of my favorite parts of the story haha
3302  Economy / Speculation / Re: A little more on technical analysis.. on: January 24, 2012, 04:19:27 PM
currently betting that you're wrong on this one  Wink
3303  Economy / Speculation / Re: Goomboo's Journal on: January 24, 2012, 04:17:48 AM
yeah, screw subjectivism
3304  Economy / Speculation / Re: Bitcoinica Helper (userscript) on: January 24, 2012, 02:21:33 AM
someone check the code if it doesn't track our positions, anddd donation link/adderss? This is very useful, and I know some appreciative donations would probably incentivize you for improvements too Smiley
3305  Economy / Speculation / Re: Bitcoin Technical Analysis & other financial markets (bitcoinbullbear.com) on: January 24, 2012, 02:20:18 AM
exciting times, exciting times Grin
3306  Economy / Speculation / Re: does bitcoinica need a dynamic system ? on: January 24, 2012, 02:13:46 AM
The spread plays a nice hedging factor that lots of people don't appreciate I think. Instead a strict win/lose scenario between buyers and sellers, manipulators are slightly hedged by the house getting a cut 100% the time, slightly decreasing the relative ease and incentive to flash dump/hoard prices to manipulate prices.
3307  Economy / Speculation / Re: Goomboo's Journal on: January 24, 2012, 02:02:25 AM
All the reasons Cypherdoc cited to invest in bitcoins are the same reasons why I'm bullish on the bitcoin market. I really don't care what it is today, the big money is in the long term trend. I believe the fundamentals of BTCs point upwards. Yes, there's a finite amount of them, but it's more than that. Its utility even exceeds cash in certain cases, but the best part is that ANYONE can use them for ANYTHING, as long as they're accepted somewhere. What I'm betting on is market proliferation, and the way things are panning out.....it's definitely proliferating.

Another thing is that even though there's a slight difficulty gradient in acquiring the bitcoins, and at the same time there's a slight gradient withdrawing from BTC's store of value. This goes both ways IMO: when people put money into BTC, more will stay in than pulled out just because it's more convenient...over time. Reasons that would cause the depression of BTC pricec I can't imagine being able to hold back bullish pressures for too long.

Additional last thoughts: It is my hope that there are too many people heavily vested into this to not see a stronger, better diversified and more resilient BTC market in the mid- to long-term. Manage your risks correctly, like Goomboo is trying so hard to impart to us, so that everyone here can do their part to contribute to this fledgling, yet very exciting maturation of a new type of economy.
3308  Economy / Speculation / Re: if you were the manipulator, what would you do? on: January 23, 2012, 05:44:03 PM
If I were the manipulator, i'd be running an exchange or three.
3309  Economy / Speculation / Re: RIP bitcoinica ? on: January 23, 2012, 05:37:06 PM
Forgive for foolish transfer, I tried to write a simple language. I here that see in this fine small market: steady NOT speculative demand. Notice, how many thousand and thousand coins are bought constantly and in regular intervals! Sluggishly, with rare "БУУМ"! And the party of the ask does not decrease! The quantity of coins on sale and remains approximately identical. I think, there is a plot of large holders not to sell "a dump of a shit", and to sell sluggishly and in regular intervals. Then, after time, coins will end at them, and the price will go upwards faster. But it is not favourable to large holders. Because there will be very strong correction. As in June 11г. Selling on not many but it is constant, it is possible not to bring down the price and to sell it is much more.
And to receive not such terrible correction. Then in June who did not know that will be, and now all have made working on by the errors. Especially large players. Into the  BITCOINICA - it is simple at it all money for one side. 2... 4 large clever players have made BUY in a range 2. 3 dollars, have added in a range 4. 5 dollars, also have added possibly now. Grind all stock...Also do not sell... For "early". (They and only they know, when time has come)  Wink

Even though I can't understand it, he sounds mostly right. Coins are just traded back and forth now and the prices and fluctuations of we see today are pretty inconsequential to what it will be. "It's a bull market, you know"
3310  Economy / Trading Discussion / Re: Dwolla - instant Transfer? on: January 23, 2012, 05:00:55 PM
I don't understand how it takes so long for a transfer to clear (I mean I guess I can imagine) Sad I just deposited a check at my bank's atm saturday night, and it will clear by tomorrow! Sad
3311  Economy / Speculation / Re: RIP bitcoinica ? on: January 23, 2012, 04:56:41 PM
...just goes to show how misguided almost anyone who has an opinion here is Roll Eyes
3312  Other / Beginners & Help / Re: 50 Dollar Ouback StakeHouse Giftcard for sale.Discount! on: January 23, 2012, 04:41:12 PM
Buying steak with bitcoins, I like that  Grin
3313  Other / Beginners & Help / Re: Trust No One on: January 23, 2012, 04:40:40 PM
I sent 6 bitcoins to Instawallet, thinking they were gone forever after 3-4 days when they didn't appear. Figured if the site was legit, people might've been loggin all these different addresses and constantly checking to see which wallets have activity. Got those six BTC though!
3314  Other / Beginners & Help / Re: Introduce yourself :) on: January 20, 2012, 04:16:26 PM
I'm putting a bigger stake in bitcoins, so here I am because I have some things to share adn discuss with you guys Smiley
3315  Other / Beginners & Help / How did you guys get into bitcoin? on: January 20, 2012, 01:10:15 PM
Well, for me, my hardcore gamer friends were talking about bitcoin mining and I thought it was all ridiculous about a year ago my senior year of high school. I just thought it was like seti@home or something like that, except you got paid in bitcoins, and I was like, how the hell would this be worth the electricity costs even? Fast forward to this Christmas, luckily I missed the crash a year ago, and I was planning on buying random crap with bitcoins, but I had yet to realize the investment opportunities available. Anyways, in the few days I bought my bitcoins, the price shot from 4-6 and that's where I started trading and here I am! Things are pretty good here Smiley

"It's a bull market, you know!"
3316  Other / Beginners & Help / Re: Technical Anaylsis from a beginner for dummies, lol on: January 20, 2012, 01:06:47 PM
"It's a bull market, you know" Smiley
3317  Other / Beginners & Help / Re: Introduce yourself :) on: January 20, 2012, 01:04:47 PM
I lurk around sometimes, see what you guys are up to  Grin
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