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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403964 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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April 24, 2014, 07:00:26 PM


Explanation
billyjoeallen
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April 24, 2014, 07:06:01 PM

i have a really good feeling that we will be at 493 in the next few minutes

Feelings are an evolutionary artifact. They are unreliable.
counter
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April 24, 2014, 07:12:36 PM

Maybe I didn't go back far enough but there seems to be a feeling of uncertainty right about now about where things are going.  As always a bear or two around to fud up the joint.  Guess I should keep digging back and see what speculations were few weeks back, carry on.
roslinpl
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April 24, 2014, 07:24:01 PM

i have a really good feeling that we will be at 493 in the next few minutes

Feelings are an evolutionary artifact. They are unreliable.
That's main reason why it is called a feeling Smiley

But it was close! Smiley His feelings are +/- reliable Tongue
Mervyn_Pumpkinhead
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April 24, 2014, 07:28:56 PM

No thanks, I have enough work in keeping out the people who are clandestine agents, I don't need any who are doing it as openly as you.

You just gave me an excellent idea, thank you.


Quote
Last time I checked, the exponential conversion rate from dumb to smart was +1161% APR. So it does not matter A) in the big picture, B) for any of the existing holders, how long it takes for a random additional person or entity to adopt it. But it matters pretty darn much for C) that person or entity. Which practically guarantees that some will outsmart others also this year. Like a rigged roulette which not only pays 10:1 for red, but also all numbers are red.

You know that making lists like these is a chick thing, right? Try finding a magazine that chicks read, that doesn't include meaningless lists on how to do things. Structure like that makes chicks feel safe in accepting new information. Guys are more for the simple common sense, without rigid structure.


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I haven't lost a night's sleep with Bitcoin, even though I keep 60-80% of my net worth in it, and the dollar value fluctuates. Even if it goes to zero, I have other stuff and am still debt free. I cannot understand the debt slaves who take mortgages and willingly tie themselves with financial commitments where they cannot affect, but must suffer, the outcome, and lose everything. All VOLUNTARILY! WtH!

These guys need some serious re-education concerning risk management. Nobody has ever went broke buying citcoins, but 2% of Finnish adult population went bankrupt and lost all (in many cases for life) in 1991-1993 alone, due to debt. Bitcoin has no debt, no wonder you bankers hate it.

Do you take some prescription medication for your good sleep, or does it come natural to you?
I get you, you want to stick it to The Man. Finland is known for it's strict social order and strong influence of social expectations. You are rebelling against everyone, that you are doing what you want, not what others expected you to want. It's totally normal dude.. but obsessing about bitcoin and pissing your earnings away like that, doesn't actually prove anything other then, that you only earned this money because of luck, and lost it all quickly because of incompetence. Don't get stuck in this trap, see the bigger picture of the evolution of this idea and stay one step ahead. You are on the right track, but you are obsessing on the details, not the bigger picture.

And please, don't tell me things like "Nobody has ever went broke buying citcoins". Bitcoin is about 5 years old, so hearing things like that insults my intelligence. When you sell something with these arguments, then you are literally insulting the other party and creating distrust. You do not sell things to the richer folks like that. Your pseudoscience has to be more complex and you have to keep the attention on the right details. I could help you with this stuff.


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Well since you only use the American sources, you must be very confused; who can help you?

Well, here in Estonia we have more contact with Russians then you do at Finland. So, I think I'm probably better in the loop of the current situation and different perspective of the news. I must say that I can't blame Russia for starting this problem. If an government is taken down by force, then it's a predictable outcome, that there will be groups, who see how them using force as well, is also righteus. There should have been public elections, not elections decided by Rada. And the justification of defending these groups from the central power, is the same thing that allies have done in the near past. So, now the west is powerless to stop Russia from doing something, because they themselves did it also. If you ask me, then there is probably co-operation involved in letting both have a little of something from everywhere. It's wise to learn from history.
derpinheimer
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April 24, 2014, 07:46:58 PM

660BTC Bidwall at $490
aminorex
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April 24, 2014, 07:49:31 PM

i have a really good feeling that we will be at 493 in the next few minutes

Feelings are an evolutionary artifact. They are unreliable.

So is logic.  Also unreliable.
rpietila
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April 24, 2014, 07:53:45 PM

No thanks, I have enough work in keeping out the people who are clandestine agents, I don't need any who are doing it as openly as you.

You just gave me an excellent idea, thank you.

Selling yourself to the bankers to spy on me in my castle? Yes, that is my business model all along. The place is expensive to stay and so full of spies, that I live happily ever after (need to keep myself at least remotely dangerous though, for sluggish behaviour would lead to reduced income and lifestyle  Grin ).

Quote
Your pseudoscience has to be more complex and you have to keep the attention on the right details. I could help you with this stuff.

Send PM with serious offer then. I employ 4 full-time and 7 part-time people currently and get job applications regularly.

Quote
I must say that I can't blame Russia for starting this problem.

I did not see Russia starting anything, although the media tries hard to make people think so without any factual proof except to the contrary. Otherwise, thanks for the analysis.
ChartBuddy
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April 24, 2014, 08:00:24 PM


Explanation
adamstgBit
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April 24, 2014, 08:01:34 PM



adamstgBit
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April 24, 2014, 08:06:15 PM

i've seen enough.

this is it

trend is reversing

buy all the coins while you still can

i have a goooooooood feeling about this train.
billyjoeallen
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April 24, 2014, 08:07:29 PM

i have a really good feeling that we will be at 493 in the next few minutes

Feelings are an evolutionary artifact. They are unreliable.

So is logic.  Also unreliable.


Incorrect. If your premises and your reasoning is correct, then your conclusion must be correct. Praxeology is based on this principle.
derpinheimer
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April 24, 2014, 08:07:52 PM

The bidwall is growing!!! :O

And china is (very slightly) dipping?
KeyserSoze
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April 24, 2014, 08:10:38 PM

i've seen enough.
this is it
trend is reversing
buy all the coins while you still can
i have a goooooooood feeling about this train.

https://www.youtube.com/watch?v=gqsT4xnKZPg

Happy days are here again
The skies above are clear again
Let us sing a song of cheer again
Happy days are here again

Altogether shout it now
There's no one
Who can doubt it now
So let us tell the world about it now
Happy days are here again

Your cares and troubles are gone
There'll be no more from now on,

Happy days are here again
The skies above are clear again
So, let us sing a song of happy cheer again,

Happy, happy, happy days
Are here again!
Erdogan
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April 24, 2014, 08:11:32 PM

Quote from: Mervyn_Pumpkinhead link=topic=178336.msg6370798#msg6370798

[..

... It's a high-risk low-reward investment

[..]

If you understand it, it is low risk high reward.

If you still read the main stream media, you see that understanding is not easy. It takes some work and some brains.



Haha, this seems to be the current method of giving bitcoin more credibility. "If you learn more about bitcoin, then you see how wonderful it is"

Let me tell you this, at first when I heard about bitcoin, then I thought that it had a lot more potential. When I actually studied it in depth, about both it's technological mechanism and it's ability to fit into the picture of global trade, finance and economy, only then I realized how much of an play money gimmick it actually is, without the ability to be considered as an currency, or even just as an practical financial tool.

The bitcoin cultists have this funny idea that they know something that others don't. They really believe that visiting bitcointalk and coindesk, will make them smarter on the subject then everyone else. They really believe that the rest of the educated world is just too stupid to adopt bitcoi. These are the people that learn finance by watching youtube videos. These are the same people who read self-help books and visit motivational classes on finding a quick way to be a millionaire.
Welcome to Idiocracy Smiley


We are in posession of the occulted knowledge of money. No smiley.

aminorex
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April 24, 2014, 08:12:20 PM

Feelings are an evolutionary artifact. They are unreliable.
So is logic.  Also unreliable.
[/quote]
Incorrect. If your premises and your reasoning is correct, then your conclusion must be correct. Praxeology is based on this principle.
[/quote]

But your premises and your reasoning cannot be correct, if all you have is a meat computer.
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April 24, 2014, 08:12:48 PM

https://www.youtube.com/watch?v=yc6Hp_Zq3rU
billyjoeallen
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April 24, 2014, 08:16:13 PM

This latest little boost does not appear to have originated in China. It seems clear to me that the overall market wants to move up but expects some serious red candle news from China that is preventing a full recovery.  
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April 24, 2014, 08:20:09 PM

I was thinking about MTGox's 200,000 Bitcoins they found in that old wallet or whatever it is.  At some point the bankruptcy is going to sell those coins and dump them on the market in one big go turning them into FIAT.  There is no way I see them distributing out those coins as Bitcoins.  What will that do to the market?  If they released all 200,000+ coins at one time?  Seems to me that's exactly what they are going to do.
billyjoeallen
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April 24, 2014, 08:21:20 PM

Feelings are an evolutionary artifact. They are unreliable.
So is logic.  Also unreliable.
Incorrect. If your premises and your reasoning is correct, then your conclusion must be correct. Praxeology is based on this principle.
[/quote]

But your premises and your reasoning cannot be correct, if all you have is a meat computer.

[/quote]

Then your offer to reason for bitcoin doesn't appear to be an attractive proposition.
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