Yuhfhrh
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August 27, 2012, 08:46:29 AM |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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waspoza
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August 27, 2012, 09:31:39 AM |
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Wow and I thought he's trolling. I stand corrected.
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Yuhfhrh
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August 27, 2012, 09:36:49 AM |
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Wow and I thought he's trolling. I stand corrected.
I can't wait until he tells us how he was so certain O.o
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JMAHH
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August 27, 2012, 09:40:22 AM |
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What's that "Bullish Crash" talk? Does anyone know?
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eiprol
Member
Offline
Activity: 117
Merit: 10
bitarchitect
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August 27, 2012, 09:41:07 AM |
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What's that "Bullish Crash" talk? Does anyone know?
nope! waiting him to wake up...
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JMAHH
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August 27, 2012, 09:51:34 AM |
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Looks like his 12 has been offset by a small sell-off tho. Suspense...
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kentrolla (OP)
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August 27, 2012, 02:13:44 PM |
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good morning.
just to clarify, the bet was the daily high today would be >$12. So, no matter what happens, I still won the bet.
Although, I do think we will end the day >$12 anyway.
The concept of a "bullish crash" has probably been explained on these forums before. The simple version is: The coins were moving into stronger hands. There's more to it than that, but I'll keep it simple for now.
The reason this last crash seemed so bullish to me was: there was that obvious fake stairway formation and yet we still weren't crashing any further even though it would require >$1.4 million dollars to get to $12 at the time.
My guess was the stairway formation was there because a big player(s) wanted to keep the price low enough until the weekend to start a big rally. The reason why he/they waited until the weekend to remove the stairway is that he/they didn't want much competition to snag up the coins.
These are just a few factors that helped me decide this was indeed a "bullish crash." For obvious reasons, I don't want to give away my bread and butter trading strategies.
All in all, it was just a guess. But a well informed one.
Next prediction: We will break our 2012 high about a week after the big announcement coming up.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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August 27, 2012, 02:18:07 PM |
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good morning.
just to clarify, the bet was the daily high today would be >$12. So, no matter what happens, I still won the bet.
Although, I do think we will end the day >$12 anyway.
The concept of a "bullish crash" has probably been explained on these forums before. The simple version is: The coins were moving into stronger hands. There's more to it than that, but I'll keep it simple for now.
The reason this last crash seemed so bullish to me was: there was that obvious fake stairway formation and yet we still weren't crashing any further even though it would require >$1.4 million dollars to get to $12 at the time.
My guess was the stairway formation was there because a big player(s) wanted to keep the price low enough until the weekend to start a big rally. The reason why he/they waited until the weekend to remove the stairway is that he/they didn't want much competition to snag up the coins.
These are just a few factors that helped me decide this was indeed a "bullish crash." For obvious reasons, I don't want to give away my bread and butter trading strategies.
All in all, it was just a guess. But a well informed one.
Next prediction: We will break our 2012 high about a week after the big announcement coming up.
Hmmmm... I call bullshit, but well played nevertheless, kentrolla
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humanitee
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August 27, 2012, 02:25:01 PM |
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Scumbag kentrolla, buys us up to $12.15 to win a bet.
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
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| Whitepaper Medium Reddit
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waspoza
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August 27, 2012, 02:53:17 PM |
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All in all, it was just a guess. But a well informed one.
I dont rly buy it, but whatever. In other words: Next prediction: We will break our 2012 high about a week after the big announcement coming up.
Any prediction what will be announced?
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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August 27, 2012, 09:42:53 PM |
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kentrolla, my new financial advisor! good call.
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Yuhfhrh
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August 27, 2012, 09:44:06 PM |
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kentrolla, my new financial advisor! good call.
He is my new financial advisor too lol
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Yuhfhrh
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August 28, 2012, 05:41:36 PM |
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Kentrolla, your next prediction please? And what's this announcement?
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yogi
Legendary
Offline
Activity: 947
Merit: 1042
Hamster ate my bitcoin
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August 28, 2012, 05:47:20 PM |
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I don't trust kentrolla. The rise to $12 looks like it was forced. I think he is trying to induce a Pavlovian response so he can manipulate you all.
...Um... something about tinfoil hats coming up.
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JMAHH
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August 28, 2012, 05:53:23 PM |
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Kentrolla, your next prediction please? And what's this announcement? Weird, I had found a thread by him saying the price will be above 11.99 at the very end of August (including a bet) but I didn't see it approved by betsofbitcoin and now the thread's gone. [edit] a new thread, that is.
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JMAHH
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August 28, 2012, 06:03:57 PM |
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kentrolla (OP)
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August 28, 2012, 08:17:43 PM |
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I don't trust kentrolla. The rise to $12 looks like it was forced. I think he is trying to induce a Pavlovian response so he can manipulate you all.
...Um... something about tinfoil hats coming up.
at the time of my prediction, it required over 250k btc to get to $12. i wish i had $2,600,000 to just throw around to win a tiny bet. if you don't trust me, go ahead and bet against my new prediction: http://betsofbitco.in/item?id=605why only .55btc disagree??
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Yuhfhrh
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August 28, 2012, 09:13:32 PM |
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I don't trust kentrolla. The rise to $12 looks like it was forced. I think he is trying to induce a Pavlovian response so he can manipulate you all.
...Um... something about tinfoil hats coming up.
at the time of my prediction, it required over 250k btc to get to $12. i wish i had $2,600,000 to just throw around to win a tiny bet. if you don't trust me, go ahead and bet against my new prediction: http://betsofbitco.in/item?id=605why only .55btc disagree?? I'm gonna throw a small amount to disagree :p
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kentrolla (OP)
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August 29, 2012, 05:01:18 AM |
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I don't trust kentrolla. The rise to $12 looks like it was forced. I think he is trying to induce a Pavlovian response so he can manipulate you all.
...Um... something about tinfoil hats coming up.
at the time of my prediction, it required over 250k btc to get to $12. i wish i had $2,600,000 to just throw around to win a tiny bet. if you don't trust me, go ahead and bet against my new prediction: http://betsofbitco.in/item?id=605why only .55btc disagree?? I'm gonna throw a small amount to disagree :p uh oh. u are 1-0 vs me how much did u bet?
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Yuhfhrh
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August 29, 2012, 06:30:35 AM |
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I don't trust kentrolla. The rise to $12 looks like it was forced. I think he is trying to induce a Pavlovian response so he can manipulate you all.
...Um... something about tinfoil hats coming up.
at the time of my prediction, it required over 250k btc to get to $12. i wish i had $2,600,000 to just throw around to win a tiny bet. if you don't trust me, go ahead and bet against my new prediction: http://betsofbitco.in/item?id=605why only .55btc disagree?? I'm gonna throw a small amount to disagree :p uh oh. u are 1-0 vs me how much did u bet? 0.75 lol
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