keewee
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Activity: 1025
Merit: 1000
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February 14, 2014, 11:34:55 PM |
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i'm pretty sure fonzie is the impostor
not to worry, the train is leaving, he's being left behind.
Crossed my mind too. Don't want to ignore 'adamstgBit' though! Won't Blitz sort it, or is he deep in conference with Theymos just now.... You noticed it's spelt differently? So not strictly stolen... adams gtBit vs adamstgBit
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kurious
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Activity: 2590
Merit: 1643
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February 14, 2014, 11:39:16 PM |
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i'm pretty sure fonzie is the impostor
not to worry, the train is leaving, he's being left behind.
Crossed my mind too. Don't want to ignore 'adamstgBit' though! Won't Blitz sort it, or is he deep in conference with Theymos just now.... You noticed it's spelt differently? So not strictly stolen... adams gtBit vs adamstgBit Oh good - I can ignore him then - thanks. Still think it sucks, though. You got you invite for Gox's funeral yet? I can't find my black tie.... Shame.
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JorgeStolfi
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February 15, 2014, 12:04:58 AM |
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Noblesse me oblige to report on the (in)accuracy of the Chinese Slumber Method predictions for today: Prediciton posted on 2014-02-13 23:07 UTC Prediction valid for 2014-02-14 19:00--19:59 UTC Huobi predicted price: 3750 plus or minus 30 CNY (3720 -- 3780) Huobi actual price (L--H): 3991--4016 CNY Error (difference between interval centers): 250 CNY The prediction is the blue rectangle at the far right in the chart below, under the price bars. The yellow dots are the mean prices at 19:00 UTC every day. Obviously someone bought several thousand coins around that time, well over the "right" price, with the sole purpose of creating a freak spike on the charts and falsify my prediction. Seriously, today Huobi's volume (over 200,000 BTC) was a historical record among all exchanges, and the price went through a crash and a rally, with no obvious reason for either of them. Huobi's clients kept trading furiously until past 2:00 am local time, and went to bed in the middle of a spike that had apparently reached its top. Today's Slumber Point is way out of line with the previous three which had a clear descending trend. The prediction for Bitstamp was Bitstamp predicted price: 615 plus or minus 10 USD (605 -- 625) Bitstamp actual price (L--H): 654--670 USD Error (difference between interval centers): 47 USD In the following plot, the predicition is again the rightmost blue rectangle. The yellow dots are Huobi's pices at Slumber Times, divided by the currency factor R (6.40 for feb/07 to feb/09, 6.12 for all other days): Note that, today at 19:00 UTC, the price at Bitstamp was comparatively higher than Huobi's, even assuming the low currency factor R = 6.12.
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empowering
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Activity: 1078
Merit: 1441
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February 15, 2014, 12:14:27 AM |
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.....
Another great post....love your work brother. But sadly wasted here.
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kurious
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Activity: 2590
Merit: 1643
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February 15, 2014, 12:16:34 AM |
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Noblesse me oblige to report on the (in)accuracy of the Chinese Slumber Method predictions for today: Prediciton posted on 2014-02-13 23:07 UTC Prediction valid for 2014-02-14 19:00--19:59 UTC Huobi predicted price: 3750 plus or minus 30 CNY (3720 -- 3780) Huobi actual price (L--H): 3991--4016 CNY Error (difference between interval centers): 250 CNY The prediction is the blue rectangle at the far right in the chart below, under the price bars. The yellow dots are the mean prices at 19:00 UTC every day. Obviously someone bought several thousand coins around that time, well over the "right" price, with the sole purpose of creating a freak spike on the charts and falsify my prediction. Seriously, today Huobi's volume (over 200,000 BTC) was a historical record among all exchanges, and the price went through a crash and a rally, with no obvious reason for either of them. Huobi's clients kept trading furiously until past 2:00 am local time, and went to bed in the middle of a spike that had apparently reached its top. Today's Slumber Point is way out of line with the previous three which had a clear descending trend. The prediction for Bitstamp was Bitstamp predicted price: 615 plus or minus 10 USD (605 -- 625) Bitstamp actual price (L--H): 654--670 USD Error (difference between interval centers): 47 USD In the following plot, the predicition is again the rightmost blue rectangle. The yellow dots are Huobi's pices at Slumber Times, divided by the currency factor R (6.40 for feb/07 to feb/09, 6.12 for all other days): Note that, today at 19:00 UTC, the price at Bitstamp was comparatively higher than Huobi's, even assuming the low currency factor R = 6.12. Don't give up Jorge - your honesty makes you a more respected source and your TA is well-founded and much appreciated, I assure you. Predicting anything in the BTC market with so many variables can at times appear futile, but to look for patterns is a noble pursuit.
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Richy_T
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Activity: 2576
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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February 15, 2014, 12:19:12 AM |
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I drew some lines on a chart, and ya its official, Cant... work... out... which... one... to... shoot...
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fonzie
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February 15, 2014, 12:22:40 AM |
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empowering
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Activity: 1078
Merit: 1441
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February 15, 2014, 12:32:44 AM |
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Hey Fonzi... did you check with all of them ? even the Macau boys?
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TERA
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February 15, 2014, 12:46:47 AM |
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Today has shown yet another impressive bounce from a highly oversold level. The bounce was based on information and repressed forces, and it is likely that emotions were involved, driving it exceptionally high. However, we are still early into the bear market and the current charts closely resemble a bulltrap in June. The chart still needs some time to develop and prove itself as not a trap by sustaining these high levels and so far it does not look like that is happening on Bitstamp. If it is a trap then the 3 day EMAs will be crossing down.
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JorgeStolfi
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February 15, 2014, 12:46:51 AM |
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Here are the predictions for Sat feb/15 by the Chinese Slumber Method. Unfortunately there is still no clear trend for the prices at the Slumber Times (19:00 UTC, 03:00 am China time; the yellow dots on Huobi's chart from my previous post). WIth the skies too cloudy to see the birds, a prudent Prophet should refuse to read the future. But the word "prudent" is not in Bitcoin's lexicon, so... I could use the last two points and extrapolate in a straight line. However I don't think that is sensible because: * it would result in an upward trend, and that seems quite unlikely at this point; * the last point was at the end of a very atypical day, with extremely high volume and extremely large and fast swings; * during the rally, up to and including 19:00 UTC, prices at Bitstamp were generally higher than the prices at Huobi; suggesting that this time it was Bitstamp, not Huobi, that drove the price up, and in particular that sustained the spike around 19:00. So the last Slumber Price probably should not be indicative of Huobi's natural trend. * That spike occured late on Friday night, so Huobi's clients were probably drunk at the time and did not realize what they were doing. So, you may call me a pig-headed bear, but I will ignore todays Slumber Point and instead extrapolate again the trend of the three previous Slumber Points. Prediction valid for: 2014-02-15 19:00--19:59 (nor before, not after) Huobi: 3630 plus or minus 40 CNY (3620 -- 3670) Bitstamp: 600 plus or minus 25 USD (575 -- 625) These predicitions are ABSOLUTELY GUARANTEED to be either right or wrong. EDIT: date is Sat Feb/15 not Sat Feb/14, of course.
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spooderman
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Activity: 1652
Merit: 1029
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February 15, 2014, 12:48:59 AM |
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if anyone told you last year that early 2014 we would be up at these prices would you have believed them? We are doing fantastically, there is too much depression around here.
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fonzie
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February 15, 2014, 12:50:25 AM |
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Today has shown yet another impressive bounce from a highly oversold level. However, we are still early into the bear market and the current charts closely resemble a bulltrap in June. The chart still needs some time to develop and prove itself as not a trap by sustaining these high levels and so far it does not look like that is happening on Bitstamp. If it is a trap then the 3 day EMAs will be crossing down.
I´m lookin forward to it since days. This is gonna be awesome!
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inca
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Activity: 1176
Merit: 1000
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February 15, 2014, 12:54:41 AM |
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if anyone told you last year that early 2014 we would be up at these prices would you have believed them? We are doing fantastically, there is too much depression around here.
As a lurker who bought in mainly in march/april 2013 i concur! My recent buy around 750 seems a little silly now. But hopefully the price will hover around this level and i can continue to slowly accumulate with fiat monthly before the next blastoff. I wonder how many lurkers there are who read this thread and do exactly that..slowly accumulate and hold just enjoying the show
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JorgeStolfi
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February 15, 2014, 01:11:27 AM |
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Daily volumes of BTC trade to/from USD and other national currencies (in kBTC): ! Thu ! Fri ! Sat ! Sun ! Mon ! Tue ! Wed ! Thu ! Fri ! EXCHANGE ! 02/06 ! 02/07 ! 02/08 ! 02/09 ! 02/10 ! 02/11 ! 02/12 ! 02/13 ! 02/14 ! Currencies considered
MtGOX | 21.54 | 58.89 | 26.82 | 23.48 | 50.07 | 18.70 | 25.21 | 33.85 | 79.56 | USD,EUR,GBP,AUD,JPY Bitstamp | 20.65 | 42.79 | 13.50 | 15.06 | 71.86 | 40.06 | 15.51 | 28.15 | 63.38 | USD BitFinEx | 21.11 | 66.36 | 11.12 | 12.07 | 41.98 | 39.54 | 12.85 | 17.17 | 53.68 | USD BTC-e | 9.72 | 31.84 | 11.67 | 12.51 | 47.04 | 28.64 | 9.97 | 18.53 | 52.18 | USD,EUR,RUR Kraken | 0.59 | 1.45 | 0.37 | 0.45 | 1.45 | 1.11 | 0.58 | 0.93 | 1.79 | EUR Bitcoin.DE | 0.61 | 1.30 | 0.37 | 0.47 | 1.54 | 0.67 | 0.51 | 0.78 | 1.63 | EUR CaVirtEx | 0.39 | 1.07 | 0.57 | 0.23 | 0.77 | 0.53 | 0.29 | 0.41 | 1.16 | CAD CampBX | 0.21 | 0.82 | 0.27 | 0.24 | 0.37 | 0.11 | 0.10 | 0.21 | 0.41 | USD
SUBTOTAL | 74.82 | 204.52 | 64.69 | 64.51 | 215.08 | 129.36 | 65.02 | 100.03 | 253.79 |
Huobi | 39.97 | 131.91 | 77.00 | 64.08 | 134.09 | 120.08 | 131.86 | 82.39 | 236.27 | CNY OKCoin | 26.07 | 74.37 | 37.63 | 34.63 | 70.49 | 64.22 | 60.79 | 62.49 | 147.26 | CNY BTC-China | 4.09 | 17.66 | 6.86 | 5.75 | 18.23 | 11.17 | 11.01 | 8.02 | 24.87 | CNY
SUBTOTAL | 70.13 | 223.94 | 121.49 | 104.46 | 222.81 | 195.47 | 203.66 | 152.90 | 408.40 |
TOTAL | 144.95 | 428.46 | 186.18 | 168.97 | 437.89 | 324.83 | 268.68 | 252.93 | 662.19 |
All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors. For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included. Coinbase is said to use Bitstamp for currency conversion. Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day. For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)
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fonzie
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February 15, 2014, 01:33:49 AM |
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Gox crashin hard. Bitstamp will be next.
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hdbuck
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Merit: 1002
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February 15, 2014, 01:38:03 AM |
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The bulltrap in June was also assisted with information that mtgox had fixed its withdrawals. The final reversal later did not rely on any such information.
indeed...
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kkaspar
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Activity: 140
Merit: 100
banned but not broken
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February 15, 2014, 01:38:04 AM |
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I drank about 0,5 liters of vodka, and bought 0,22BTC for transferring to BTC-E, to visit the trollbox :| I'm thinking of drinking the other 0,5l and I hope that there are some more intoxicated people here, so I don't bring shame upon myself alone
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fonzie
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February 15, 2014, 01:39:51 AM |
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I drank about 0,5 liters of vodka, and bought 0,22BTC for transferring to BTC-E, to visit the trollbox :| I'm thinking of drinking the other 0,5l and I hope that there are some more intoxicated people here, so I don't bring shame upon myself alone That´s the way to do it! +1 I can truly recommend this lifestyle!
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Peter R
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Activity: 1162
Merit: 1007
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February 15, 2014, 01:41:41 AM |
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I drank about 0,5 liters of vodka, and bought 0,22BTC for transferring to BTC-E, to visit the trollbox :| I'm thinking of drinking the other 0,5l and I hope that there are some more intoxicated people here, so I don't bring shame upon myself alone Hey, you're buying at a rate of 0.44 BTC per liter of vodka. Just 4773 more liters until you make the Vladimir Club.
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TERA
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February 15, 2014, 01:41:59 AM |
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I drank about 0,5 liters of vodka, and bought 0,22BTC for transferring to BTC-E, to visit the trollbox :| I'm thinking of drinking the other 0,5l and I hope that there are some more intoxicated people here, so I don't bring shame upon myself alone That´s the way to do it! +1 I can truly recommend this lifestyle! buy drunk sell high, the famous btc-e trader motto (next to buy high sell low) drunk reduces inhibitions and high increases paranoia
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