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

[aminorex]

The admissible choices are (1) logarithmic baseline in exp(5/4),  and (2) logistic baseline (some parameters for which remain unanalyzed).

As mentioned elsewhere, price stability should occur when the annual block reward reaches fgr(r-1)/(mn).
If you want to fit a logistic to the value of BTC, estimating f and r should suffice.  Everything else is straight from given data.

[pietje]

Soo, the bears had their dump. Panic didnt really happen and now the rally is testing the 820-830 area again.
Looks like we might break it. And this with the 31st still coming, imagine what happens in february  

[Vigil]

You are talking about some lower order mania. The manias we have experienced are higher-order.

Now *that* would make a good shirt. "Bitcoin:  The manias we have experienced are higher-order."

Do you know what that means?

[BRADLEYPLOOF]

Please keep me in the loop!!!  I can't watch the damn TV while at work and really want to keep informed with NYC.  HELP!!!

[adamstgBit]

Please keep me in the loop!!!  I can't watch the damn TV while at work and really want to keep informed with NYC.  HELP!!!

I'm watching it and all i hear is "buy bitcoin buy bitcoin buy bitcoin buy bitcoin"

[aminorex]

http://www.totalwebcasting.com/view/?id=nysdfs

A separate thread for running commentary would be nice.  I was unable to get a seat at the hearing, and  I can't see this at work.

[merkin51]

This guy is doing a good job, very nice going right now. Kinda glad I bought back in at 780...

[keithers]

potentially good news trickling out of the gov't meetings today on virtual currencies?   I thought we would still be seeing the sell off from yesterday carrying over into today...but I was completely wrong so far

[empowering]

Every now and then this guy sounds like Mayor Quimby... Is that a Rhode Island twang that creeps in everynow and then? (sorry I know this is not an important question)

[micalith]

For those of you not able to watch/listen, sorry, I've no time to give details, but it so far looks like a shoo-in to me. Hence, Adam loosing his shit  

[merkin51]

A venture capitalist speaking now, saying that bitcoin reminds him of the impact that the internet had in the early 90s (in a good way).

[alexeft]

And todays word of the day is "apophenia"

Apophenia /æpɵˈfiːniə/ is the experience of seeing patterns or connections in random or meaningless data.

This thread clearly teaches us things beyond locomotive journeys to celestial satellites and mammals of the family Ursidae. (bears)

Best post in quite some time!!!  

Cheers man!  

[empowering]

Please keep me in the loop!!!  I can't watch the damn TV while at work and really want to keep informed with NYC.  HELP!!!

I'm watching it and all i hear is "buy bitcoin buy bitcoin buy bitcoin buy bitcoin"

So far that is all I am hearing too... hopefully it carries on like this....

[aminorex]

You are talking about some lower order mania. The manias we have experienced are higher-order.

Now *that* would make a good shirt. "Bitcoin:  The manias we have experienced are higher-order."

Do you know what that means?

What it means is what it does, i.e. the meaning it conveys to the reader, and the meaning intended by the utterer.  Technically, I assume it refers to granularity of manic symptoms.  Psychotic breaks tend to occur in a self-similar manner at varying scales.  The broadest scale, the most comprehensive scale, corresponding to the most severe symptoms, is the first-order scale.  More refined scales are higher-order ones.  But the technical meaning is just a token which can be spent on a variety of rides.

[empowering]

This is all good so far... I am tempted to lose my shit right about now

[adamstgBit]

807.8$ / BTC
THATS CHEAP LIKE DIRT!
BUY BUY BUY!!!!

[adamstgBit]

ok ok ill try and clam down a bit 

[ChartBuddy]

Explanation

[Vigil]

You are talking about some lower order mania. The manias we have experienced are higher-order.

Now *that* would make a good shirt. "Bitcoin:  The manias we have experienced are higher-order."

Do you know what that means?

What it means is what it does, i.e. the meaning it conveys to the reader, and the meaning intended by the utterer.  Technically, I assume it refers to granularity of manic symptoms.  Psychotic breaks tend to occur in a self-similar manner at varying scales.  The broadest scale, the most comprehensive scale, corresponding to the most severe symptoms, is the first-order scale.  More refined scales are higher-order ones.  But the technical meaning is just a token which can be spent on a variety of rides.

Ok... I thought when I read it you were giving me shit. Now it seems you were jokingly approving of my characterization of the bitcoin bubbles.

[Vigil]

This hearing is totally lame-o.