Exactly my thought - some laugh at him - but I guess he does not mind and just does his manipulation job.

Thats 8 UTC?

$7.6

All these transactions are just people speculating, people buying/selling stuff with bitcoins as medium is probably just a small promile - so the correlation is not that interesting - it does not give you any lead time.

I have the impression that the OP would like to see something like a Miners Guild that would set the price and prevent anyone from selling below it.

I tried to contact them at the irc channel #tradehill - but no answer.  After your post here I wrote an email to them and this apparently worked.  They blamed some 'manual verification' for big withdrawals.  I don't know maybe I've got a bit too sensitive after mycoin (and bitomat) - but honestly over 12 hours of wait time makes th useless for my operations.  Thanks for the suggestion!

My transfer from TradeHill since 12 hours is in state 'In Process', no indication at blockexplorer that they ever sent out the request.  What does that mean?  Their withdrawals page says it should be up to 12 hours - but I thought they were just very pessimistic about the confirmations - here they don't even broadcast the transfer request.  Are they liquid?

If there ever was something newsworthy at the conference - we would already get a blurb here.

So it dropped a bit, despite that huge bid wall - S3052 - any comments?  Overall your predictions were pretty good - but maybe in the wake of real news - like this conference disappointment - technical analysis is useless?

And yet this is what happened.  Anyone volunteers to explain the '' there for those left behind?

No - it involves a bit more complicated plan - and it could work, but actually it does not seem likely any more.

Aha - so the technical analysis shows up trend - but both google trends and alexa are down, forum stats are down (but that of course is easily maniuplated) - and all the conference reports are rather underwhelming (this might change - but i was expecting some tweets or blog posts to appear relatively quickly - so far it's all quiet).  That 11.14 bid is strong - but it can still be a fake.  Let's see - for now I am holding.

Hmm - OK so you figured out that posting 'BUY BUY BUY' threads makes people suspicious and they do the opposite - so now you post 'sell sell sell' to make people buy (and give a good price for what you are selling)?  

Or maybe you figured out we would figure that out - and you really want people to sell because you are buying?

Or ...

Hmm - another one: 1412BTC sold for 6.6667GBP/BTC (about 11USD, google currently says: 10.9927216) at britcoin where the usual daily volume is less than a 100.

What do you mean by market fundamentals?  The system is burning huge amounts of money with little profit.

TradeHill is what was stopping the latest rally - there is not much support above 10 and the prices there were consistently lower in recent days.

I was thinking there will be another dip after the conference disappointment - but now we can see someone wants to stop the fall down with that bid for 10K bitcoins at 11.14.  I have no idea now what will happend - is that bid for real - or is it only a bluff?  Can it stop the market?

Yeah - I've noticed the numbers as well and bought a bit.  Many other people also use google trends as indicator - so the price goes up immediately, but there will be a few weeks of delay before the people who searched will buy bitcoins.

The need for security grows together with the overall market cap of the system which grows with the price of bitcoin - so this is actually a correct result, this additional security is needed even if the number of transactions stays the same.  I've argued that if the system grows and has more transactions then probably the market cap will also grow - but this is not direct relation.

The point is that if we compute the revenue of the bitcoin system as a whole - we treat humanity as the bitcoin owner also as a whole.  The question is is bitcoin profitable for humanity?  And to answer this we need to treat the humanity as it was one person.  It is as if one person did something - like planting a seed - will that be profitable for him?  You count on one side the work he puts into the endeavour, the cost of his tools etc. on the other hand you count the benefits he gets from the plant after it grows, the nutrition from the fruits.  You don't count the fruits twice if when picking them he takes them from one hand to the other.

I take this that you do understand that transferring money between your own accounts does not count as revenue.  Next step is to realize that if you count the revenue of two companies treated together - you also would not count the money transfers between them.  Think more about the problem at hand and less about inventing this stupid troll accusations - just say - explain this or I don't get it here.