ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
May 22, 2014, 10:00:38 PM |
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
May 22, 2014, 10:06:15 PM |
|
Huobi seems to be the only market with a surplus of money... hopefully they have enough to keep this rally going.
|
|
|
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
May 22, 2014, 10:09:43 PM |
|
I'm putting what will be the future. Bitstamp adopted it, Fidor Bank adopted it, soon Kraken and Itbit and people are still doubting there is something interesting behind ripple ?
It is not a "get rich conspiracy blabla" and this is not centralized. It will take time for people to admit it but this is the truth.
Tell that to the Ripple founder, Jed McCaleb who just decided to SELL SELL SELL. Shit. The only credible competitor to Bitcoin. Just up and died. RIP ple
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
May 22, 2014, 10:13:35 PM |
|
I'm putting what will be the future. Bitstamp adopted it, Fidor Bank adopted it, soon Kraken and Itbit and people are still doubting there is something interesting behind ripple ?
It is not a "get rich conspiracy blabla" and this is not centralized. It will take time for people to admit it but this is the truth.
Tell that to the Ripple founder, Jed McCaleb who just decided to SELL SELL SELL. Shit. The only credible competitor to Bitcoin. Just up and died. RIP pleThe whatnow? Competitor of Bitcoin? Credible? I think you're confused
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
May 22, 2014, 10:16:41 PM |
|
Are we due for another rally already? lol
|
|
|
|
elg
|
|
May 22, 2014, 10:26:04 PM |
|
wall at 530 seems a real one....
|
|
|
|
hd060053
|
|
May 22, 2014, 10:26:30 PM |
|
Huobi seems to be the only market with a surplus of money... hopefully they have enough to keep this rally going.
It is what I was thinking. For an exchange who is supposed to be cut off from banks and without margin trading it is not that bad okcoin is leading, huobi just following, then bitstamp. i followed the charts.
|
|
|
|
MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
|
|
May 22, 2014, 10:30:03 PM |
|
Has China banned Bitcoin this week yet?
|
|
|
|
harlenadler
Sr. Member
Offline
Activity: 430
Merit: 250
Agent of Chaos
|
|
May 22, 2014, 10:30:14 PM |
|
It looks like the bulls are back. Kind of low volume, but some seem eager to take out that wall around 530. Wonder if it will get eaten.... or pulled
|
|
|
|
studio1one
|
|
May 22, 2014, 10:30:22 PM |
|
going up again shortly. Just broke the third pennant.
watch.
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
May 22, 2014, 10:32:08 PM |
|
When do you guys think the first sell-off will be? Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?
How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?
When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?
I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.
There are sell-offs all the time. You mean, how far will we get before we see the first major retracement, right? My guess is ~620. If I as the "uber Bull" have been quiet today it is because BitchicksHusband informed me just this morning that he had to "sell off" BTC2 yesterday to pay some bills (partially because of Kings playoff tickets and his monthly payment for his new car ). I said, "Right during a rally!!?" I would have rather left some balance on our credit card and kept the coins! Don't come between a Chick and her coin stash!!! But that said, some of us are not planning on selling off until much later than $620! If I had my way, I would just wait until $100,000 per coin. We're talking different time frames. I'm sure you know by now it never goes up in a straight line. ~620 is simply my bet when we'll see the first large enough profit taking to make us take a step back and catch our breath. Oda, I spent an hour last night mapping out all the major resistance levels from here to 1000. 620 was not on my list. Why is that number significant to you?
|
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
May 22, 2014, 10:32:31 PM |
|
I seriously need to go to the bank on monday and get some loans lol!
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
May 22, 2014, 10:34:17 PM |
|
China bans just on June 31th.
Only then?
|
|
|
|
harlenadler
Sr. Member
Offline
Activity: 430
Merit: 250
Agent of Chaos
|
|
May 22, 2014, 10:36:24 PM |
|
When do you guys think the first sell-off will be? Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?
How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?
When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?
I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.
There are sell-offs all the time. You mean, how far will we get before we see the first major retracement, right? My guess is ~620. If I as the "uber Bull" have been quiet today it is because BitchicksHusband informed me just this morning that he had to "sell off" BTC2 yesterday to pay some bills (partially because of Kings playoff tickets and his monthly payment for his new car ). I said, "Right during a rally!!?" I would have rather left some balance on our credit card and kept the coins! Don't come between a Chick and her coin stash!!! But that said, some of us are not planning on selling off until much later than $620! If I had my way, I would just wait until $100,000 per coin. We're talking different time frames. I'm sure you know by now it never goes up in a straight line. ~620 is simply my bet when we'll see the first large enough profit taking to make us take a step back and catch our breath. Oda, I spent an hour last night mapping out all the major resistance levels from here to 1000. 620 was not on my list. Why is that number significant to you? It is significant to me because it was a pivot point 3 times on the daily chart during March and April. So I think there is resistance there:
|
|
|
|
studio1one
|
|
May 22, 2014, 10:37:53 PM |
|
breakout coming.....
|
|
|
|
hd060053
|
|
May 22, 2014, 10:39:04 PM |
|
breakout coming..... very creative lines
|
|
|
|
studio1one
|
|
May 22, 2014, 10:40:21 PM |
|
breakout coming..... very creative lines I'm an artist trapped in an analysts body
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
|
|
May 22, 2014, 10:41:04 PM Last edit: May 22, 2014, 11:09:57 PM by aminorex |
|
In other words, the current exchange rate implies that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.
I would be breaking my promise if I were to say more than that while this is reasonable if you accept the precedent of the implied discounting curve derived from bitcoin's historical price series, I have two counter-arguments, (1) that the bitcoin discounting curve was extreme because crypto itself was much less well-proven as a concept and technology -- the threats which btc defeated are unlikely to arise again, and (2) that the bitcoin discounting curve was very long because adoption ground had not been broken, while the mro adoption phase, if it manifests at all, will almost certainly be much, much shorter. Therefore, I will have to defer any calculations based on re-parameterizing the discount curve to the MRO thread, where it belongs: https://bitcointalk.org/index.php?topic=597878.msg6883247#msg6883247
|
|
|
|
elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
|
|
May 22, 2014, 10:43:00 PM |
|
I told several friends locally the price would rise on the 20th, the tuesday after the 2014 conference here in Amsterdam. looks like I was right, 400e so close
I bought back at €350, a portion I sold near the €300 range, not much just over 10coins. bought back for a small loss instead of just withdrawing the euro.
|
|
|
|
|