Syke
Legendary
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Activity: 3878
Merit: 1193
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December 13, 2013, 10:44:43 PM |
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To spice up a little: Is anyone willing to accept a $10,000-$100,000 escrowed bet that Bitstamp will hit $500 before hitting $1,000?
What odds? I am thinking that $1,000 is much more probable but I am willing to take the other side if odds good enough.
Really no one is jumping on this? Why bet on market movement against someone who can move the market? |
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JimboToronto
Legendary
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Activity: 4018
Merit: 4505
You're never too old to think young.
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December 13, 2013, 10:45:25 PM |
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920 wall pulled on Gox. Hmmm.
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 13, 2013, 10:46:27 PM |
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To spice up a little: Is anyone willing to accept a $10,000-$100,000 escrowed bet that Bitstamp will hit $500 before hitting $1,000?
What odds? I am thinking that $1,000 is much more probable but I am willing to take the other side if odds good enough.
Really no one is jumping on this? Why bet on market movement against someone who can move the market? Because it's a win-win situation? (for him)  |
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TERA
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December 13, 2013, 10:47:06 PM |
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Of course with China anything is possible, we can all be wrong, and nobody knows what's going to happen. They have messed up all our TA and seem to have their own TA like 'the book of the path of the dragon'.
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Walsoraj
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December 13, 2013, 10:47:18 PM |
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Ask sum has been steadily increasing all day and is likely to continue doing so over the weekend. Lots of selling pressure building up...
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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December 13, 2013, 10:49:38 PM |
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920 wall pulled on Gox. Hmmm.
to da moon |
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gandhibt
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December 13, 2013, 10:49:43 PM |
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china will go thru 5500 soon, they already punctured it and now they are oversold
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virtualfaqs
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December 13, 2013, 10:50:15 PM |
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To spice up a little: Is anyone willing to accept a $10,000-$100,000 escrowed bet that Bitstamp will hit $500 before hitting $1,000?
What odds? I am thinking that $1,000 is much more probable but I am willing to take the other side if odds good enough.
Really no one is jumping on this? Why bet on market movement against someone who can move the market? Because it's a win-win situation? (for him) Depends on the odds. But most likely rpietela can calculate them to his advantage. Too much math for me.  |
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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December 13, 2013, 10:50:28 PM |
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Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level. We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%. I have thousands of lines of research on the subject but nobody reads it anyway so why even post... |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 13, 2013, 10:51:30 PM |
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Depends on the odds. But most likely reptila can calculate them to his advantage. Too much math for me. I'm good at math, trends also. But wouldn't bet on either way. Risto has the ability to lose and laugh about it; I don't.  Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level. We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%. I have thousands of lines of research on the subject but nobody reads it anyway so why even post... I'd like to take a peek if you don't mind... ? |
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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December 13, 2013, 10:51:48 PM |
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china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK? |
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JimboToronto
Legendary
Offline
Activity: 4018
Merit: 4505
You're never too old to think young.
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December 13, 2013, 10:54:41 PM |
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920 wall pulled on Gox. Hmmm.
to da moon Talk about jumping the gun. |
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mvidetto
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December 13, 2013, 10:57:54 PM |
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I think the longer we keep going slightly downwards, the better. It insures we won't drop to 542 overnight again
Actually a slow slide downwards often turns into an avalanche at some point. People holding bitcoins hate seeing its value slowly sliding down and down and at some point the twig just breaks. So far not seeing that here because we're still sitting at the same price level where we were yesterday for a long time but if we slide below 840-850 on Gox (830 Bitstamp) a real sell-off is very easily triggered. I would tend to agree with this, and yeah I'm currently worrying about the price as well... |
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TERA
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December 13, 2013, 10:58:26 PM |
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I don't know why you guys follow gox - its just bots that follow BTChina.
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 13, 2013, 11:01:52 PM |
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MAbtc
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December 13, 2013, 11:02:10 PM |
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china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK? The bears are glad to have you, rpietila.  |
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Carra23
Legendary
Offline
Activity: 980
Merit: 1000
Need a campaign manager? PM me
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December 13, 2013, 11:03:06 PM |
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Everybody understands that *if* this maintains itself (or go better) next week will be rising like hell... right?
No. Math says that it takes 10x more everything to make the price rise from 10x higher level. We do not have 10 times more anything, compared to last summer. 5 times we have, so the price is overvalued by a factor of 2, and will go down -50%. I have thousands of lines of research on the subject but nobody reads it anyway so why even post... Can you direct me to it? |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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December 13, 2013, 11:05:02 PM |
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Of course with China anything is possible, we can all be wrong, and nobody knows what's going to happen. They have messed up all our TA and seem to have their own TA like 'the book of the path of the dragon'.
The Chinese dragon is ripping the faces off a few bears at the moment. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 13, 2013, 11:05:20 PM |
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china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK? The bears are glad to have you, rpietila. its a real pleasure to be able to chat with rpietila. It turley is. |
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tHash
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December 13, 2013, 11:08:26 PM |
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920 wall pulled on Gox. Hmmm.
to da moon Talk about jumping the gun. I think we have set up orbit at Lagrangian point 1. We have achieved a level of balance in the short term, and it takes significant pressure to move in either direction. Got to fuel up for a few more days/weeks to break free and continue on. |
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