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

[billyjoeallen]

there really are patterns everywhere.

http://en.wikipedia.org/wiki/Apophenia
http://www.ted.com/talks/michael_shermer_the_pattern_behind_self_deception.html

pwned!!

[1715483060]

1715483060

[1715483060]

1715483060

[1715483060]

1715483060

[ChartBuddy]

Explanation

[empowering]

there really are patterns everywhere.

http://en.wikipedia.org/wiki/Apophenia
http://www.ted.com/talks/michael_shermer_the_pattern_behind_self_deception.html

pwned!!

not really... read my replies : )

[surfer43]

there really are patterns everywhere.

http://en.wikipedia.org/wiki/Apophenia
http://www.ted.com/talks/michael_shermer_the_pattern_behind_self_deception.html

https://en.wikipedia.org/wiki/Statistics

[delphic]

One downside of being a megalomaniac dictator, is that no-one dares to tell you that you have a shit haircut.

[surfer43]

One benefit of being a figurehead is you can unilaterally drive Bitcoin to da mooooooon!

[kurious]

its not gona break 1k tomorow lol

Hmmm....   Gox has 2500 coins up to 1000 and 5500 down to 900....  I think we will see 1000 again pretty soon (I am guessing within days).

Crash fear is dissipating, confidence in price seems good.

As long as Gox sorts out its BTC withdrawal issues over the next few days, I think things look more solidly bullish than they have done for some time.

Gox doesn't count.

You are probably right - but I assumed he was referring to Gox rather than Stamp or BTC-e... 1000 at those exchanges is indeed unlikely.

[DaRude]

I like how these seemingly random 100+BTC dumps release the buy pressure that builds up

[ChartBuddy]

Explanation

[TERA]

[hdbuck]

One benefit of being a figurehead is you can unilaterally drive Bitcoin to da mooooooon!

i wonder if it would be helpful for the n koreans if they mined or used btc.

their accounts get closed like clockwork.

like if they have access to internet anyway.

[billyjoeallen]

One benefit of being a figurehead is you can unilaterally drive Bitcoin to da mooooooon!

i wonder if it would be helpful for the n koreans if they mined or used btc.

their accounts get closed like clockwork.

Pariah states would obviously benefit, but so would other national governments. Bitcoin could be an effective way to pay off spies and informants, evade trade sanctions, establish slush funds, etc. As for the N. Korean people, it may be the difference between starvation and survival.

[BCbitcoin]

Good luck mining in N Korea

http://www.lindsayfincher.com/wordpress/wp-content/uploads/2009/10/north_korea_satellite_dark_2.jpg

[Davyd05]

10 Days Remain!!!

10 days till???
And don't say 11 of February.

Simply the 37 day cycle ends in 10 days, draw your own conclusions to what may occur.
October 23 -► November 29 -► January 5 -► February 11

as other significant drops occur like on dec 15th to 17th.... choosing 37 day patterns to trade on sounds more like playing bingo.

[bambou]

10 Days Remain!!!

10 days till???
And don't say 11 of February.

Simply the 37 day cycle ends in 10 days, draw your own conclusions to what may occur.
October 23 -► November 29 -► January 5 -► February 11

as other significant drops occur like on dec 15th to 17th.... choosing 37 day patterns to trade on sounds more like playing bingo.

BINGO!

[600watt]

Good luck mining in N Korea

now that is a dark web

[billyjoeallen]

Five red candle days, three days of churn, and then five green candle days. This indicates a sea change of liquidity. Last time this happened in September, there was a month and a half of very slow gains before the rocket took off. If this is another example of stealth transfer of coins from day tarders to hodlers, there is reason to believe that the time frame may be accelerated somewhat. Frequency of rallies increase as their amplitude decreases.

[adamstgBit]

Five red candle days, three days of churn, and then five green candle days. This indicates a sea change of liquidity. Last time this happened in September, there was a month and a half of very slow gains before the rocket took off. If this is another example of stealth transfer of coins from day tarders to hodlers, there is reason to believe that the time frame may be accelerated somewhat. Frequency of rallies increase as their amplitude decreases.

well said

I figure in about 2-6 weeks we will be back to posting CCMF and pictures of rockets all day.

[TERA]

Five red candle days, three days of churn, and then five green candle days. This indicates a sea change of liquidity. Last time this happened in September, there was a month and a half of very slow gains before the rocket took off. If this is another example of stealth transfer of coins from day tarders to hodlers, there is reason to believe that the time frame may be accelerated somewhat. Frequency of rallies increase as their amplitude decreases.

China

[billyjoeallen]

Five red candle days, three days of churn, and then five green candle days. This indicates a sea change of liquidity. Last time this happened in September, there was a month and a half of very slow gains before the rocket took off. If this is another example of stealth transfer of coins from day tarders to hodlers, there is reason to believe that the time frame may be accelerated somewhat. Frequency of rallies increase as their amplitude decreases.

China

LOL. China is a "known unknown". To paraphrase Donald Rumsfeld, it's the unknown unknowns that may prove my analysis faulty. Plenty of us have fiat waiting to catch falling coins from the Middle Kingdom if they decide to give them to us.