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Author Topic: I've figured out the bitcoin market  (Read 2666 times)
adamstgBit
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February 06, 2013, 07:48:02 PM
 #21

Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Just sold my remains. If my analysis is correct, we should be doing >$22 today! Congrats everyone.

lol wtf?

i THINK your doing it wrong...  Grin

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polrpaul
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February 06, 2013, 08:00:05 PM
 #22

for science

lol

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
cheat_2_win
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February 06, 2013, 08:05:51 PM
 #23

Just sold my remains. If my analysis is correct, we should be doing >$22 today! Congrats everyone.

Have you tried making your mind to sell and stop when you are about to hit the sell button. Every time I do that, the price goes up.  Cheesy
Peter Lambert
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February 07, 2013, 03:04:19 AM
 #24

I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
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February 07, 2013, 06:00:35 PM
 #25

Just sold my remains. If my analysis is correct, we should be doing >$22 today! Congrats everyone.

Thank you!  Please let us know when you are buying back in ....    Wink
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February 07, 2013, 06:18:49 PM
 #26

Just sold my remains. If my analysis is correct, we should be doing >$22 today! Congrats everyone.

Thank you!  Please let us know when you are buying back in ....    Wink

lol

Bro, do you even blockchain?
-E Voorhees
Peter Lambert
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February 07, 2013, 08:37:33 PM
 #27

I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)

Will edit to show result of experiment.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
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February 07, 2013, 10:42:46 PM
 #28

I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)

Will edit to show result of experiment.

Use Coinbase, they lock the price you pay, you just can't withdraw the bitcoins until your ACH deposit is complete.  They also take a commision, but if you're concerned about price fluctuation risk, the commision is relatively low.  The last time I bought some coins there, the market value of bitcoins went up more during the delay than the commision.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Peter Lambert
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February 12, 2013, 05:08:58 PM
 #29

I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)


Alright, my funds just got to MtGox, and the price stands at 25.71 USD. That is a 16.4% increase in less than a week.

So my theory must be correct, the price is influenced by my intention to buy more.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
adamstgBit
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February 12, 2013, 05:20:34 PM
 #30

I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)


Alright, my funds just got to MtGox, and the price stands at 25.71 USD. That is a 16.4% increase in less than a week.

So my theory must be correct, the price is influenced by my intention to buy more.

its the other way around.
your intention to buy more is influenced by price moments.

Peter Lambert
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February 12, 2013, 05:27:20 PM
 #31


Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)


Alright, my funds just got to MtGox, and the price stands at 25.71 USD. That is a 16.4% increase in less than a week.

So my theory must be correct, the price is influenced by my intention to buy more.

its the other way around.
your intention to buy more is influenced by price moments.

So you are saying one action was influenced by a future action?

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
ElectricMucus
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February 12, 2013, 05:27:43 PM
 #32

Well as it goes if you always buy when the price goes up chances are that sooner or later you'd buy near the top.
Garr255
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February 12, 2013, 05:29:56 PM
 #33

the bitcoin market.:



Haha yes.

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February 12, 2013, 05:39:31 PM
 #34

Paul, in either case please warn in advance before cashing out. We will test whether or not the price would crash then.

i am satoshi
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