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

[EuroTrash]

Damnit China, I was promised cheap coins!!!

https://bitcointalk.org/index.php?topic=194803.msg2023524#msg2023524

[1686275758]

1686275758

[Rampion]

The 10-30% weekly increase in adoption (weekly % growth of the # of bitcoin users), will turn this discussion completely ridiculous before the end of this month:
January: 10, February: 20, March: 40, April: 80, May: 160, ... December 20480.
Even the above contains more valuable advice than most said in this thread, although it is public knowledge that this kind of behaviour cannot just increase exponentially. It will go parabolic, crash, and repeat. Not only I believe it will go to $1M this year, I have not heard very many good arguments from anyone, what can hinder it  

Considering that we by and large visited the 3rd fibonacci of $78 (never judge with more than 1-2% precision, this is not voodoo after all but real world, it is close enough - I should have known from the first visit to 91 that 95 will not hold, it is too far), the upmove will just be commensurately violent.

At $50 we saw 4th order fibonabbi retracement double(intraday:triple/quadruple) bottom megamove finalcapitulation (akin to 100 megaton fusion charge). As a result, we rallied 50->167 (234%) in 8 days. Now that is 0.64% per hour, compared to the 0.08% exponential trendline it is 8 times faster rate of appreciation.

The sorry state of mankind is truly manifest in its lack of understanding the exponential function. You do not even regard 0.30% per hour as fast when measured in hourly scale (on the contrary, 1 dollar per 3 hours is considered "bitcoin is dead" in these forums).

By being dead continuously for 2673 hours, bitcoin will reach $300k USD by...

...Christmas, this year?  

No. August, 22.  

Granted, the dealer network and some other stuff will have to begin operating, but the good thing is they will, regardless of what you and I do. Even the dealer network fixing excelsheet I already have, and use it for mathematically heavier calculations than "just" stabilizing the price and flows of bitcoin worldwide, which is pretty easy really. The heaviest part is to write enough on this forum, to convince at least 10 other dealers, which I believe are pretty much convinced already, or will be after the I Supernode Summit.

Yesterday alone, I talked to two people more knowledgeable than me. I am just a messenger, like I said when I started posting in a serious way about 30 days ago.

If someone buys bitcoins in May, 2013, he will be rich. In December, he will be poor. The fair value will be crossed somewhere in between.

ADD:
Visual aid: "Bitcoin is dead in between $90 and $100 now." (zoom to 12h).

[ChartBuddy]

https://wiki.bitcoin.com/w/Main_Page

[rpietila]

we're NOT hitting $1 Million this year.

Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000

Only about 1.5 million bitcoins in speculative (fiat-denominated) hands now. All the rest are owned by the likes of me, I am not selling any bitcoins below the long term realistic value of $300k/BTC (except in anticipation of a correction and purchase of more bitcoins).

When I finish my current spree of public talking and start making money full-time, I think I can generate at least BTC100 every day just as profits. The other supernodes will do the same, and:

- first we will be able to absorb the new supply of BTC3600 per day, and
- then start to eat up the remaining 1.5M coins that is currently in the exchanges.
- Also I will be able to sell a minimum of BTC1000 per day to my strong hand clients every day starting about 2 weeks from now.

The endgame will be rather quick. Everybody who buys even 1,000mBTC now, will be a millionaire before Christmas. I will post more proof in the following weeks. Now I go to plan the conference, that will be the place to decide the practical matters how this will be accomplished.

[EuroTrash]

wiiii! Dump time again!





http://www.youtube.com/watch?v=boj75h3urLU

[fitty]

And there's the coin dump.

[keewee]

[Rampion]

That was a shitty dump indeed - come on bears, that's all the bullets you have left?? We want cheap coins in this thread

[SlipperySlope]

I sold a bit at $100 and $103 and am currently positioned to sell more at $105. Back to bed.

[Rampion]

we're NOT hitting $1 Million this year.

Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000

Only about 1.5 million bitcoins in speculative (fiat-denominated) hands now. All the rest are owned by the likes of me, I am not selling any bitcoins below the long term realistic value of $300k/BTC (except in anticipation of a correction and purchase of more bitcoins).

When I finish my current spree of public talking and start making money full-time, I think I can generate at least BTC100 every day just as profits. The other supernodes will do the same, and:

- first we will be able to absorb the new supply of BTC3600 per day, and
- then start to eat up the remaining 1.5M coins that is currently in the exchanges.
- Also I will be able to sell a minimum of BTC1000 per day to my strong hand clients every day starting about 2 weeks from now.

The endgame will be rather quick. Everybody who buys even 1,000mBTC now, will be a millionaire before Christmas. I will post more proof in the following weeks. Now I go to plan the conference, that will be the place to decide the practical matters how this will be accomplished.

Do you believe the things you write?

Willing to bet that we won't be nowhere near to 300k/BTC by Christmas 2013?

And all that supernode stuff... Man, what do you have, like 3K coins? And you behave yourself like you controlled 1M coins, that supernode shit went from funny to puzzling

Here you have a supernode:



And I don't see Michael or the others folks with dozens of thousands babbling about their "influence" in the BTC world like you do.

[wopwop]

we currently need 170k$ per day to keep the current price oh shiiiii

[smoothie]

You guys need to keep in mind that rpietila is the same guy who didn't know how to prove he had bitcoins other than sending them to some random noob troll and then asking for it back. LOL

 

[fitty]

That was a shitty dump indeed - come on bears, that's all the bullets you have left?? We want cheap coins in this thread

I wish people would just let it drop so they can buy back in. The bulls will run out of money before they run out of coins. Even if they did run out of coins they'd just buy more outside of MtGox and deposit them. Going to be a long weekend of coin dumps into any hint of a rally.

[TsuyokuNaritai]

we're NOT hitting $1 Million this year.

Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000

Only about 1.5 million bitcoins in speculative (fiat-denominated) hands now. All the rest are owned by the likes of me, I am not selling any bitcoins below the long term realistic value of $300k/BTC (except in anticipation of a correction and purchase of more bitcoins).

When I finish my current spree of public talking and start making money full-time, I think I can generate at least BTC100 every day just as profits. The other supernodes will do the same, and:

- first we will be able to absorb the new supply of BTC3600 per day, and
- then start to eat up the remaining 1.5M coins that is currently in the exchanges.
- Also I will be able to sell a minimum of BTC1000 per day to my strong hand clients every day starting about 2 weeks from now.

The endgame will be rather quick. Everybody who buys even 1,000mBTC now, will be a millionaire before Christmas. I will post more proof in the following weeks. Now I go to plan the conference, that will be the place to decide the practical matters how this will be accomplished.

I don't mean to be rude but I can't help getting the impression you're being wildly overconfident in your predictions and seem to me to be just plain dismissing contrary evidence.

Do you try to seek out the best evidence that's contrary to what you already believe? If not, I'm not saying events won't happen similar to how you describe it, but I wouldn't be surprised if someone not quite as good with money and PR but a lot less apparently prone to cognitive biases appears out of nowhere and eats your lunch.

[DavidBAL]

You guys need to keep in mind that rpietila is the same guy who didn't know how to prove he had bitcoins other than sending them to some random noob troll and then asking for it back. LOL

 

haha seriously? quote?

[wopwop]

rpietila is the biggest fool this forum has known, and there have been many fools

IMO

[Rampion]

we're NOT hitting $1 Million this year.

Holders will be too horny not to Profit take and make a lot of money before the price is anywhere near $1,000,000

Only about 1.5 million bitcoins in speculative (fiat-denominated) hands now. All the rest are owned by the likes of me, I am not selling any bitcoins below the long term realistic value of $300k/BTC (except in anticipation of a correction and purchase of more bitcoins).

When I finish my current spree of public talking and start making money full-time, I think I can generate at least BTC100 every day just as profits. The other supernodes will do the same, and:

- first we will be able to absorb the new supply of BTC3600 per day, and
- then start to eat up the remaining 1.5M coins that is currently in the exchanges.
- Also I will be able to sell a minimum of BTC1000 per day to my strong hand clients every day starting about 2 weeks from now.

The endgame will be rather quick. Everybody who buys even 1,000mBTC now, will be a millionaire before Christmas. I will post more proof in the following weeks. Now I go to plan the conference, that will be the place to decide the practical matters how this will be accomplished.

I don't mean to be rude but I can't help getting the impression you're being wildly overconfident in your predictions and seem to me to be just plain dismissing contrary evidence.

Do you try to seek out the best evidence that's contrary to what you already believe? If not, I'm not saying events won't happen similar to how you describe it, but I wouldn't be surprised if someone not quite as good with money and PR but a lot less apparently prone to cognitive biases appears out of nowhere and eats your lunch.

This guy is just delusional, just ask him where he found the numbers that are the basis of his "analysis" (bolded part).

[Rampion]

You guys need to keep in mind that rpietila is the same guy who didn't know how to prove he had bitcoins other than sending them to some random noob troll and then asking for it back. LOL

 

haha seriously? quote?

Seriously. He sent 13BTC to a noob to prove he has lots of them and doesn't care but suddenly he went really mad and asked them back like 10 times before acknowledging the noob just said bye bye - which was obvious.

Human mind is a mystery indeed.

[Jaroslaw]

ripetilia is big n00b dont listen to him or you will loose money.

[fitty]

ripetilia is big n00b dont listen to him or you will loose money.

I love slutty money.