Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Richy_T]

The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,

Quantum physics and chaos theory say no.

Chaos theory is still within a determinist framework.

Quantum physics and chaos theory

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[BBmodBB]

TA in Bitcoin is more pure, moreso than Wall Street and stocks.  Even with Willie and the Chinese trading bots, there is way more manipulation on Wall Street than in Bitcoin which makes it easier to read.  If you use TA correctly, it's the study of human mentality, jubilation, capitulation and breaking points. 

you are absolutely right. But TA opponents do not know TA.What`s behind and how it is working
The bolded and underlined sentence is the beginning and the essence of understanding TA

Tits and Donkey!!! heheehe 

[adamstgBit]

With all this good news coming out, and price still down 40% from ATH, its hard to imagine why someone would sell very much bitcoin at all, my price target of 800 is no joke, and is actually a low ball estimate given recent development, 800 target is just going to serve as a test of resistance and we will test this level in the coming days or weeks at most. I fear we are experiencing the last wave of retarded bears thinking they can buy back lower if they sell now ( yes bears are actually just overly greedy bulls ) once this wave is done selling we're going to experience some major liquidity problems on the ask side, only way we're going to get more sellers is by going above beyond people's price targets and enticing them to sell by offering higher prices than they deem reasonable. plus a climbing price will encourage holding / saving and increase demand! we have seen this before many times, the only difference now is that more poeple are watching.

its about to get wild people.

picture of rockets and moons will not cut it this time around.

[inca]

With all this good news coming out, and price still down 40% from ATH, its hard to imagine why someone would sell very much bitcoin at all, my price target of 800 is no joke, and is actually a low ball estimate given recent development, 800 target is just going to serve as a test of resistance and we will test this level in the coming days or weeks at most. I fear we are experiencing the last wave of retarded bears thinking they can buy back lower if they sell now ( yes bears are actually just overly greedy bulls ) once this wave is done selling we're going to experience some major liquidity problems on the ask side, only way we're going to get more sellers is by going above beyond people's price targets and enticing them to sell by offering higher prices than they deem reasonable. plus a climbing price will encourage holding / saving and increase demand! we have seen this before many times, the only difference now is that more poeple are watching.

its about to get wild people.

picture of rockets and moons will not cut it this time around.

Yes it is hard to believe we are still 40% down on ATH. I have loaded up so if we achieve ATH again this year it will be twice as sweet as last time

[nanobrain]

Done - We are roughly looking at September 2015, unless we align during the March 2015 bubble cycle...

LOL, GREAT Post a donation address!

The only thing that could distort this model is that the number of pages in this thread will start an exponential trend

Remember that pages have been culled from the thread by members such as Goat 'leaving', so its not that accurate an indicator (esp. when you consider how many posts are either a) people slagging off Jorge or b) Shroomskit informing posters they are on his ignore list).

[flynn]

The laws of nature (assuming you know all of them perfectly, and we don't) are perfectly predicable,

Quantum physics and chaos theory say no.

Chaos theory is still within a determinist framework.

Quantum physics and chaos theory

Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.

[ChartBuddy]

Explanation

[Le Happy Merchant]

Yeeeeehaw!


Que the, "Its happening gif."

 

"Cue" people, it's spelled "cue".

Que is

Where I come from its Q, Cue, and Queue.  One of the only words I know that sounds the same with four extra letters.

[adamstgBit]

Yeeeeehaw!


Que the, "Its happening gif."

 

"Cue" people, it's spelled "cue".

Que is

Where I come from its Q, Cue, and Queue.  One of the only words I know that sounds the same with four extra letters.

now lets discuss why the word bed looks like a bed.

[bigdave]

[ChrisML]

If tonight will be as last weekend.. ooooh BOY OH BOY 

[Richy_T]

Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.

You don't need to solve the equations though. In a deterministic universe, if you know precisely the starting conditions, you could run a simulation and get the prediction. Chaos theory says that small perturbations in the starting conditions can lead to vastly different outcomes. Quantum physics says small perturbations are intrinsic. Even with two initially identical systems, things will occur in one which will not in the other.

[ihaveaquestion]

If tonight will be as last weekend.. ooooh BOY OH BOY  

It is extremely bullish that the 2 ask walls on Stamp @622$ have not induced to go south 610$. The buying pressure is there, we are running out of whales willing to sell at these prices... 650$ seems very easy to reach within a week.

[pietje]

If tonight will be as last weekend.. ooooh BOY OH BOY 

It is extremely bullish that the 2 ask walls on Stamp @622$ has not induced to go south 610$. The buying pressure is there, we are running out of whales willing to sell at these prices... 650$ seems very easy to reach within a week.

I'd say 650 within a day
When this wall goes down (only a matter of when) we will pick up some steam and have another weekend rally.

[flynn]

Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.

You don't need to solve the equations though. In a deterministic universe, if you know precisely the starting conditions, you could run a simulation and get the prediction. Chaos theory says that small perturbations in the starting conditions can lead to vastly different outcomes. Quantum physics says small perturbations are intrinsic. Even with two initially identical systems, things will occur in one which will not in the other.

Ok, but I disagree about the simulation. You'd need infinite precision, or need infinite energy for this to be accurate enough, or need an analog model the same size than the system you want to modelize for this to work.

[MaxwellsDemon]

Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.

You don't need to solve the equations though. In a deterministic universe, if you know precisely the starting conditions, you could run a simulation and get the prediction. Chaos theory says that small perturbations in the starting conditions can lead to vastly different outcomes. Quantum physics says small perturbations are intrinsic. Even with two initially identical systems, things will occur in one which will not in the other.

But to run a simulation you need to be able to solve the 3-body equations... Unless you're running some sort of simplified heuristic simulation, in which case it could never be absolutely deterministic anyway.

You have to distinguish practical predictability from theoretical predictability. Chaos theory (as well as the difficulty in solving 3-body equations and such) make the universe practically unpredictable. Quantum theory (and only quantum theory) make the universe theoretically unpredictable.

[Gingermod]

Not even sure that the small errors in the physic models are needed. The beauty of René Thom"s chaos theory is that the non-determinism lies deep within the maths.

As an example, even if you know very precisely the speed and the position of the solar's system planets, and the external perturbations, you just can't do the maths, the 3-bodies equations are already too complicated to be solved. And which planet will be ejected from the solar system is still a mystery.

You don't need to solve the equations though. In a deterministic universe, if you know precisely the starting conditions, you could run a simulation and get the prediction. Chaos theory says that small perturbations in the starting conditions can lead to vastly different outcomes. Quantum physics says small perturbations are intrinsic. Even with two initially identical systems, things will occur in one which will not in the other.

But to run a simulation you need to be able to solve the 3-body equations... Unless you're running some sort of simplified heuristic simulation, in which case it could never be absolutely deterministic anyway.

You have to distinguish practical predictability from theoretical predictability. Chaos theory (as well as the difficulty in solving 3-body equations and such) make the universe practically unpredictable. Quantum theory (and only quantum theory) make the universe theoretically unpredictable.

Quantum theory makes the universe absolutely unpredictable on the quantum scale.

[RUEHL]

In the event of no good or bad press, based on the charts we're due for another pop over 630 approximately June 2-3.  

[Timmmaahh]

300 BTC wall @ bitstamp is getting eaten coin by coin ?!

[MaxwellsDemon]

Quantum theory makes the universe absolutely unpredictable on the quantum scale.

Actually it makes the universe unpredictable on any scale.
One reason for this, as Richy_T pointed out, is that chaos theory compounds on top of quantum theory. Small perturbations on the quantum scale could have larger repercussions as per chaos theory.
Other reasons could be more simple and direct effects - the classical example, of course, being Schroedinger's cat. Schroedinger came up with that example precisely to demonstrate the effects of quantum uncertainty on the mesoscale.