molecular
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Activity: 2772
Merit: 1019
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October 27, 2013, 07:05:19 PM |
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is this available online? looks like could be from blockchain.info?
I periodically import the data from bitcoincharts.com into a Libreoffice spreadsheet and play around with it. Nice. Don't hesitate to post here periodically (I'd say).
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rpietila
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Activity: 1722
Merit: 1036
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October 27, 2013, 07:05:42 PM |
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Bitcoin will be trading at 10K this time next year.
No it won't. Wanna bet 100 BTC? It would be good if everyone who makes wild speculations regarding bitcoin where faced with that bet, perhaps there would be less rubbish and more sense in the community! It's particularly funny it's rpietilla offering the bet. Lol, he didn't take the "300k by the end of the year" bet Yeah, what the hell, why is he betting against 10k for a year from now? haha Maybe he thinks it will be higher than 10k. No, I think in 12 months it likely is less than $10k: - 12 months ago it was $10 and now it is $200 so a 20-bagger - To reach $10k it would have to go up 50x. Not impossible by any means (from pizza to June2011 high is 13000-bagger in 12 months). But I think the probability is less than 50% which makes me eager to take this side of a bet. To retain some credibility for a bull, I will be revising the $300k long term figure up, once I estimate, how high it should be revised.
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Tzupy
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Activity: 2128
Merit: 1074
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October 27, 2013, 07:05:53 PM |
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Only 2 EW sub-sub-waves were available for 'slow up', and IMO we are at the end of the second, which means a drop. The conditions for the drop were met on Gox, but volume is very low, and can't drop on such low volume. China kept buying slowly, delaying the expected drop. Maybe Gox is somehow waiting for China?
thx I was wrong in my recognition of the sub-sub-sub waves, the third and most powerful was yet to come, and nicely it climbed, especially in China. I should have trusted the theory about it, but to me the panic buyers seemed exhausted on Gox. Anyway, China led this and I should have looked at their charts more. The sub-sub-sub-waves on Gox were difficult to recognize, and the drop in market indicators didn't mean in this case the large drop at the end of the sub-sub-wave, but an intermediary drop between sub-sub-sub-waves 2 and 3. What I am expecting is that once the 3rd sub-sub-sub-wave is depleted, the panic sellers will see the last chance to sell on the rebound, and that should trigger a large drop, as sub-sub-sub-wave 4. That's my interpretation of what just happened and might happen soon, but we'll see...
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Richy_T
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Activity: 2478
Merit: 2153
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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October 27, 2013, 07:49:29 PM |
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I was wrong in my recognition of the sub-sub-sub waves, the third and most powerful was yet to come, and nicely it climbed, especially in China. I should have trusted the theory about it, but to me the panic buyers seemed exhausted on Gox. Anyway, China led this and I should have looked at their charts more. The sub-sub-sub-waves on Gox were difficult to recognize, and the drop in market indicators didn't mean in this case the large drop at the end of the sub-sub-wave, but an intermediary drop between sub-sub-sub-waves 2 and 3. What I am expecting is that once the 3rd sub-sub-sub-wave is depleted, the panic sellers will see the last chance to sell on the rebound, and that should trigger a large drop, as sub-sub-sub-wave 4. That's my interpretation of what just happened and might happen soon, but we'll see...
Then I reversed the polarity of the main deflector dish and left those Romulans eating my dust.
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rpietila
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Activity: 1722
Merit: 1036
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October 27, 2013, 07:51:15 PM |
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Tzupy just earned an ignore. See he has a trollface in his avatar!
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wachtwoord
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Activity: 2324
Merit: 1125
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October 27, 2013, 07:55:37 PM |
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To retain some credibility for a bull, I will be revising the $300k long term figure up, once I estimate, how high it should be revised.
What up? I actually liked the $300k estimate* as a long term price goal. If it totally replaces gold it will be $300k, I guess it could be higher because it is better than gold and because it is also being a payment system but gold will never lose 100% of it's value as it's still nice and shiny. Diamonds have value as well while they are made from the most common atom on this planet: carbon. * Of course in MAY2013USD before people start bitching about USD becoming worthless.
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ShroomsKit
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October 27, 2013, 07:57:39 PM |
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I was wrong
Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless.
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theonewhowaskazu
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October 27, 2013, 08:01:46 PM |
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The US dollar resumes its collapse after enjoying a brief respite: Is the darkness of the line volume or something?
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2013, 08:02:07 PM |
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theonewhowaskazu
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October 27, 2013, 08:04:24 PM |
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I was wrong
Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless. The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though.
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ShroomsKit
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October 27, 2013, 08:07:04 PM |
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I was wrong
Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless. The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though. Better than flipping a coin? I highly doubt it.
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theonewhowaskazu
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October 27, 2013, 08:08:59 PM |
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I was wrong
Wow, didn't see that one coming. Next you're gonna tell me all your lines and waves and shit are completely useless. The waves have actually worked pretty well, at least for predicting a short-term correction. Hasn't worked very well with regard to how big that correction will be, though. Better than flipping a coin? I highly doubt it. If its a coin, its a damn lucky coin.
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yefi
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Activity: 2842
Merit: 1511
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October 27, 2013, 08:10:31 PM |
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Anyone think those bitcoin ATM's will have any effect on the exchange rate? As in people having easier access to a bitcoin investment since it's an ATM?
This being Bitcoin, I'd wait until the first mugging or ram raid. Price will double
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justusranvier
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Activity: 1400
Merit: 1009
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October 27, 2013, 08:12:16 PM |
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Is the darkness of the line volume or something?
It's Libreoffice's inability to make charts that don't look ugly.
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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October 27, 2013, 08:19:04 PM |
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As for the ATM, seems silly. Just run a currency exchange kiosk and sell BTC. These machines look expensive as hell and things break.
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ardana123
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October 27, 2013, 08:26:16 PM |
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Yes but it does give bitcoin a physical presence out there in the real world.
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dserrano5
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Activity: 1974
Merit: 1029
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October 27, 2013, 08:31:31 PM |
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is this available online? looks like could be from blockchain.info?
I periodically import the data from bitcoincharts.com into a Libreoffice spreadsheet and play around with it. Nice. Don't hesitate to post here periodically (I'd say). Yeah +1 but please do it with a log scale .
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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October 27, 2013, 08:33:24 PM |
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Bitcoin will be trading at 10K this time next year.
No it won't. Wanna bet 100 BTC? no that is a ridiculous amount of money to bet on a hunch Hey, if you win, you get over a million dollars, even if you lose, you lose less than a million!
(see what I did there) No, what did you do there?
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 27, 2013, 09:02:00 PM |
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justusranvier
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Activity: 1400
Merit: 1009
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October 27, 2013, 09:27:19 PM |
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Yeah +1 but please do it with a log scale . Like this?
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