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

[spooderman]

omg, we're gonna be at 1k soon! (stamp obv)

[justusranvier]

The weekend dips sure are rough these days.

[shmadz]

goooooood morning bitcoin!

adam's here! buy bUY BUY

Excellent, good morning Adam! We've had a rather exciting early morning, time for a little sunday afternoon nap (even though it's still morning in my time-zone, whatever, bitcoin don't care, and neither do I   )

Please someone replace the brake-pads on this donkey rocket already. I don't want to wake up and see 1200 again. At least not yet.

[Richy_T]

When you think of it: Bitcoin is just as silly. The scarcity is artificial, just as with diamonds.

The scarcity is artificial but there is no cartel to enforce people hoarding them. Competition means that someone is likely to sell sooner rather than later.

[fluidjax]

I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction

he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...

Didn't he promise not to post before $350?

Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.

I don't blame Risto for his predictions.  He was basing them on a log-linear line in the growth adoption curve.  He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:  https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521

I agree, reasoned predictions and opinions are always welcome, you just need to be strong enough to take all in,  and then think for yourself.

[Erdogan]

Short now

Edit:

Short now

You still short? lololol

Marathon buyer still present. Ignores price. Sideways for next hour, then slowly up.

Edit: Prediction: 10-20 BTC buy at 17:31

17:31:06 16.5734 BTC bought.

Edit: Next buy 17:36

I was totally off this time. It was 17:38:20.

[mmitech]

I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction

he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...

Didn't he promise not to post before $350?

Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.

I don't blame Risto for his predictions.  He was basing them on a log-linear line in the growth adoption curve.  He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:  https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521

well, he has such an ego, people with that kind of ego make great things in life but cant hold to them, at the time when I proved him wrong he could just admit that he was wrong, but he kept bitching about his millions and he even said "you should listen to people who has much than you" and I like the club thing that he has to bring all the time, "a Pro trader like me" hahahaha and " my clients" and "my club" , I mean get the fuck out idiot...

[libity]

I declare Christmas holidays over!

[Erdogan]

Marathon buyer still present. Ignores price. Sideways for next hour, then slowly up.

Edit: Prediction: 10-20 BTC buy at 17:31

17:31:06 16.5734 BTC bought.

Edit: Next buy 17:36

Nice call!

edit: Next buy never happened. Oracle status revoked!

Sorry if this caused problems for our customers. It was 17:38:20

Let me try again: Next 17:44, slihtly less than 7 minutes.

[granathus]

I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction

he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...

Didn't he promise not to post before $350?

Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.

I don't blame Risto for his predictions.  He was basing them on a log-linear line in the growth adoption curve.  He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:  https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521

well, he has such an ego, people with that kind of ego make great things in life but cant hold to them, at the time when I proved him wrong he could just admit that he was wrong, but he kept bitching about his millions and he even said "you should listen to people who has much than you" and I like the club thing that he has to bring all the time, "a Pro trader like me" hahahaha and " my clients" and "my club" , I mean get the fuck out idiot...

Is that your ego speaking?  

[F-bernanke]

so glad I removed my sell orders on stamp that were in the 800s!

I don't get why people put up sell orders, way to risky to sleep with sell orders open!

[humanitee]

well, he has such an ego, people with that kind of ego make great things in life but cant hold to them, at the time when I proved him wrong he could just admit that he was wrong, but he kept bitching about his millions and he even said "you should listen to people who has much than you" and I like the club thing that he has to bring all the time, "a Pro trader like me" hahahaha and " my clients" and "my club" , I mean get the fuck out idiot...

Is that your ego speaking?  

Doubt it. I too hate rpi.

[deepceleron]

Please someone replace the brake-pads on this donkey rocket already.

Today I realized there is too much internet:

[Erdogan]

Marathon buyer still present. Ignores price. Sideways for next hour, then slowly up.

Edit: Prediction: 10-20 BTC buy at 17:31

17:31:06 16.5734 BTC bought.

Edit: Next buy 17:36

Nice call!

edit: Next buy never happened. Oracle status revoked!

Sorry if this caused problems for our customers. It was 17:38:20

Let me try again: Next 17:44, slihtly less than 7 minutes.

Off again, 17:45:16. My dice is not working. Must be the Fed.

Edit, I need that oracle status. Next marathon-buyer buy 17:52

[deepceleron]

so glad I removed my sell orders on stamp that were in the 800s!

I don't get why people put up sell orders, way to risky to sleep with sell orders open!

This is the only way to catch a bounce against the ionosphere.

[pietje]

Marathon buyer still present. Ignores price. Sideways for next hour, then slowly up.

Edit: Prediction: 10-20 BTC buy at 17:31

17:31:06 16.5734 BTC bought.

Edit: Next buy 17:36

Nice call!

edit: Next buy never happened. Oracle status revoked!

Sorry if this caused problems for our customers. It was 17:38:20

Let me try again: Next 17:44, slihtly less than 7 minutes.

Off again, 17:45:16. My dice is not working. Must be the Fed.

This is happening for a few days now right?
He already bought tons of btc if thats non stop each 5 minutes

[bitrider]

I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction

he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...

Didn't he promise not to post before $350?

Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.

I don't blame Risto for his predictions.  He was basing them on a log-linear line in the growth adoption curve.  He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:  https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521

Well, the conclusion then should be that a log linear regression model cannot be used for daily trading advice, no?

It's useful to get an idea of the order of magnitude that can be expected at some time x, but for the nitty gritty details of trading decisions ("should I buy back in at 700?"), it sucks.

Problem is, he simply doesn't get that.

I suspect you may be right. To be fair to Risto, I do believe he said that even if we get back above 1000 and test 1200 again, he predicted we will very quickly drop back again.

I'm guessing the dynamics will be similar to that, but more because of the manipulation of the market. I suspect there are big players that will benefit from running the price up and down for a while, accumulating positions, shaking out weak hands, before allowing the next big jump up. Just a hunch, and I am almost exclusively a long-term holder.

[mmitech]

I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction

he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...

Didn't he promise not to post before $350?

Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.

I don't blame Risto for his predictions.  He was basing them on a log-linear line in the growth adoption curve.  He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:  https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521

well, he has such an ego, people with that kind of ego make great things in life but cant hold to them, at the time when I proved him wrong he could just admit that he was wrong, but he kept bitching about his millions and he even said "you should listen to people who has much than you" and I like the club thing that he has to bring all the time, "a Pro trader like me" hahahaha and " my clients" and "my club" , I mean get the fuck out idiot...

Is that your ego speaking?  

no, I even told him that I will apologize publicly here if he will share a screen shot of his bids to make sure that they reflect the actual prediction, but did he ? yes he did show me a screen shot of 1.4 million dollar sitting there on stamp, so again he wanted to show me how rich he was....

[T.Stuart]

I'm guessing the dynamics will be similar to that, but more because of the manipulation of the market. I suspect there are big players that will benefit from running the price up and down for a while, accumulating positions, shaking out weak hands, before allowing the next big jump up. Just a hunch, and I am almost exclusively a long-term holder.

We are moving into a time when plankton will turn on whales! Soon you will be able to watch plankton stripping a whale to the bone in a few seconds!

[billyjoeallen]

What happened to the usual weekend dip? I tried to day trade it and now I'm stuck in worthless depreciating fiat. Good thing it was only one coin, one I bought for $17.00  ;-)