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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26411276 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
master-P
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March 19, 2014, 10:11:33 PM

We're going down. The question is, how far exactly?
hdbuck
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March 19, 2014, 10:13:19 PM

We're going down. The question is, how far exactly?

i'd say at least till mid 500s. however, i wouldnt underestimate panic sellers' dumbness ^^
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March 19, 2014, 10:14:57 PM

im considering wiring some phat stacks Cool
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March 19, 2014, 10:15:16 PM

@mah87 so im getting to experience ripple's website, wallet, charts and exchange: very neat, me likee Smiley
mah87
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March 19, 2014, 10:16:20 PM

@mah87

I can see why you are bullish in the long term for ripple. But it can also totally fail. And in its actual form it is too complicated and lacks quality gateways. Also the ripple wallet is pathetic with all these bugs.

TRUE! Damn , this is the first meaningful thing I read tonight. However this is getting traction , 40-50 people are working to developp the protocol and it's improving really really fast. Smiley
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March 19, 2014, 10:19:40 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.
mah87
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March 19, 2014, 10:22:30 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.


1000 people hold 45% of the bitcoins, why not ?
JorgeStolfi
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March 19, 2014, 10:23:29 PM

Chinese Dinosaur Slumber Method prediction for Thursday Mar/20

Prediction valid for: Thursday 2014-03-20, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3725 CNY.
Bitstamp's predicted price: 615 USD.


The red and green strokes are actual Huobi hourly prices.  The magenta square at right is the above prediction.  The blue square next to it is the last prediction (see below). The light blue-gray squares are the older predictions.   The blue dots are the Slumber Points, the mean Huobi prices ((L+H)/2) in the interval 19:00--19:59 UTC every day. The size of the Albertosaurus under each dot indicates the night-time activity at Huobi. Specifically, the area of the reptile is proportional S = Vh/Vd, where Vh is the mean hourly volume in the three hour period 18:00--20:59 UTC (02:00am--04:59am China time), and Vd is the daily volume 00:00--23:59 UTC on the same date.  The largest Albertosauri correspond to the S = 0.010 or greater.   The size of each blue dot is proportional to its reliability weight, computed from the ratio S.  The brown lines are trends fitted a posteriori to the Slumber Points. The orange line is the trend assumed for the above prediction.

The trend used is a shifted exponential A + B*Q**(d-d0) where d is the day of the month, d0 = 16, A = 3722.25, B = 112.56, Q = 0.400.

The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which these days seems to be around 6.06 CNY/USD.

Checking the previous prediction

Prediction was posted on: Wednesday 2014-03-17, 05:29 UTC
Prediction was valid for: Wednesday 2014-03-17, 19:00--19:59 UTC (~13.5 hours later)

Well, I was lucky it seems:

Huobi's predicted price: 3699 CNY.
Huobi's actual price (L+H)/2: 3746 CNY
Error: 47 CNY (~8 USD)

Bitstamp's predicted price: 610 USD.
Bitstamp's actual price (L+H)/2: 609 USD
Error: 1 USD

NOTE: This note intentionally left blank.

adamstgBit
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March 19, 2014, 10:25:31 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

why didnt they use the bitcoin network as their "native currency "... because greed? because 45 billion?
mah87
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March 19, 2014, 10:28:24 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

well actually you can exchange against btc,usd,cny,ltc and other alts through several different gateway.. how this statement is not true ?

By the way the autobridge feature is actually behind implemented and it makes that really useful..
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March 19, 2014, 10:28:39 PM

Mah is worst advertisement Ripple could afford to itself.
ChrisML
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March 19, 2014, 10:32:09 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

well actually you can exchange against btc,usd,cny,ltc and other alts through several different gateway.. how this statement is not true ?

By the way the autobridge feature is actually behind implemented and it makes that really useful..

Could you STFU about (C)ripple already?

Open a shitty opening thread, put in : ALL HAIL CRIPPLE. And continue your bullshit there. As you can see this topic is called: BITCOIN price movement tracking & discussion.

You are pretty much getting on my nerve by trying to be a complete SMARTASS about an alt that you adore so much. Adore that shit where it belongs, which is not here.
adamstgBit
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March 19, 2014, 10:33:01 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

well actually you can exchange against btc,usd,cny,ltc and other alts through several different gateway.. how this statement is not true ?

By the way the autobridge feature is actually behind implemented and it makes that really useful..

idk, ripple is a nice idea.. if they had used bitcoin as the native currency, it would have taken off, and it would have made bitcoin that much cooler

but no

they premine all the coins and hand out half and then point and lol.

not cool, ripple gods not cool at all.
mah87
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March 19, 2014, 10:36:09 PM

Mah is worst advertisement Ripple could afford to itself.

Ripple will win anyway, it's not because nobody understand how it works that its technology is less powerful...
adamstgBit
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March 19, 2014, 10:36:56 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

well actually you can exchange against btc,usd,cny,ltc and other alts through several different gateway.. how this statement is not true ?

By the way the autobridge feature is actually behind implemented and it makes that really useful..

Could you STFU about (C)ripple already?

Open a shitty opening thread, put in : ALL HAIL CRIPPLE. And continue your bullshit there. As you can see this topic is called: BITCOIN price movement tracking & discussion.

You are pretty much getting on my nerve by trying to be a complete SMARTASS about an alt that you adore so much. Adore that shit where it belongs, which is not here.

ok ok back on topic..



are the digital bits that make up a bitcoin shinny? are they a golden color ?
ChrisML
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March 19, 2014, 10:38:20 PM

all 100 billion (45 billion held by creators, because why not??? ) XRP was created as an anti-spam measure

The purpose of transaction fees is to protect against network flooding.
each Ripple account is required to have a small reserve of 20 XRP
required reserve of 20 XRP alone will allow a user to perform approximately 54 transactions a day for the next 100 years.

ripple's XRP is the most misunderstood alt that ever was.

XRP is used also to bridge the network and exchange any currency without having trust line set between two wallet.

see thats the part thats not true.

XRP cannot be converted into anything other a BTC or maybe? some USD

so i don't understand why they say that.

well actually you can exchange against btc,usd,cny,ltc and other alts through several different gateway.. how this statement is not true ?

By the way the autobridge feature is actually behind implemented and it makes that really useful..

Could you STFU about (C)ripple already?

Open a shitty opening thread, put in : ALL HAIL CRIPPLE. And continue your bullshit there. As you can see this topic is called: BITCOIN price movement tracking & discussion.

You are pretty much getting on my nerve by trying to be a complete SMARTASS about an alt that you adore so much. Adore that shit where it belongs, which is not here.

ok ok back on topic..



are the digital bits that make up a bitcoin shinny? are they a golden color ?

I thought so.
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March 19, 2014, 10:39:22 PM

Mah87 doesn't have any bitcoins left, he sold cheap this is why he is but hurt, people threw some satoshis at him so he can leave us alone...
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March 19, 2014, 10:41:37 PM

Mah87 doesn't have any bitcoins left, he sold cheap this is why he is but hurt, people threw some satoshis at him so he can leave us alone...

people are not able to see what I'm talking about this is crazy. =D i'll be back in few months it's ok Smiley AdamSmith you REALLY should read more about ripple I don't understand how old bitcoiner like you don't get it already.
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March 19, 2014, 10:43:57 PM

mah87, believe me

u are not gonna be the gamechanger for ripple if it succeeds or not

u are only wasting ur time
mah87
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March 19, 2014, 10:46:11 PM

mah87, believe me

u are not gonna be the gamechanger for ripple if it succeeds or not


no ? really Huh =D


I come sometime here to test if people from bitcoin are changing their mind. It's obviously too early but someday they'll all repeat what I just wrote or something similar... Smiley

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