dreamspark
|
|
July 14, 2014, 03:33:06 PM |
|
We need a new poll:
Time for Wall Observer pt. 2 or continue the original?
Going for longest thread on the interwebsssss. I dont see any reason to start a new one.
|
|
|
|
|
|
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
|
July 14, 2014, 03:34:48 PM |
|
monkey says bitcoin goes up from here intraday, with the volatility floor being 617.45
Your monkey knows one think very well and that is "After dip there is a rise". You are quite right. That, and "after rise, there is a dip" are pretty much the only things he thinks about. He's basically a mean-reversion timing monkey, but that's not how he's built on the inside -- it's just the behaviour that statistical realities have forced him to learn, in order to survive the process of selection. The timing part is what keeps him in bananas.
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
|
July 14, 2014, 03:35:39 PM |
|
We need a new poll:
Time for Wall Observer pt. 2 or continue the original?
Going for longest thread on the interwebsssss. I dont see any reason to start a new one. Which is first, WO2 10k or BTC 10k?
|
|
|
|
dreamspark
|
|
July 14, 2014, 03:38:45 PM |
|
We need a new poll:
Time for Wall Observer pt. 2 or continue the original?
Going for longest thread on the interwebsssss. I dont see any reason to start a new one. Which is first, WO2 10k or BTC 10k? WO2 for sure, Im pretty sure the next bubble pops before 10k Going on the posting rate if the price does something interesting in the near future this thread could be at 10k in three months.
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
|
July 14, 2014, 03:43:25 PM |
|
|
|
|
|
tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
|
|
July 14, 2014, 03:45:13 PM |
|
time to die buy.
|
|
|
|
abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
|
|
July 14, 2014, 03:52:23 PM Last edit: July 14, 2014, 04:03:04 PM by abercrombie |
|
Bitfinex has reduced their margin leverage from 2.5X to 1.5X, effective July 21st. Officially, this is because the btc used as margin deposit is also volatile.
Source? Still decent, most you can get from BTC-e is 1.3X. Edit: Found it... Announcement.
|
|
|
|
macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
|
|
July 14, 2014, 03:59:47 PM |
|
But I still advice ppl to use buy and cut because you never know if we end up heading down to 0 for some reason.
Bitcoin is special, because every day that it is not immediately and permanently reset to 0, has historically meant a 0.7% price appreciation trend (resulting from increase in adoption). So you are essentially betting that the probability that Bitcoin fails today is less than 0.7%, and you are able to withstand some volatility. Without posting some train pics you're not even close...
|
|
|
|
flynn
|
|
July 14, 2014, 04:00:18 PM |
|
time to die buy.
I've... seen things you people wouldn't believe... Attack bears on fire off the shoulder of $1200. I watched btc-walls glitter in the dark near the MtGox Gate. All those gains will be lost in time, like tears in rain.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 14, 2014, 04:00:19 PM |
|
|
|
|
|
LOADING.READY.RUN
|
|
July 14, 2014, 04:07:25 PM |
|
Still decent, most you can get from BTC-e is 1.3X.
What? I thought they offer up to 3x on MT4... at least a couple of months ago they did when I tried it... Source for BFX: https://bitcointalk.org/index.php?topic=229438.3960It's a bit hidden in their examples, but they're clear in their answer to my request about it. To my surprise, the feedback about 2.5x / 1.5x in that thread is mostly positive, apparently mostly lenders who are getting increasingly worried in the current situation. In general I agree that their changes make sense, but I don't like the reduction in leverage. In November 2013 I could still take 4x leverage on BFX!
|
|
|
|
BuildTheFuture
|
|
July 14, 2014, 04:24:30 PM |
|
I was checking out that new BitVC Hong Kong-based exchange from Huobi (email them for an invite). Looks like they will go up to 3:1.
|
|
|
|
byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
|
|
July 14, 2014, 04:36:23 PM |
|
time to die buy.
I've... seen things you people wouldn't believe... Attack bears on fire off the shoulder of $1200. I watched btc-walls glitter in the dark near the MtGox Gate. All those gains will be lost in time, like tears in rain. A+
|
|
|
|
roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
|
|
July 14, 2014, 04:40:01 PM |
|
We need another poll This one is retarded for Today Please make some bullish one this time
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 14, 2014, 05:00:19 PM |
|
|
|
|
|
roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
|
|
July 14, 2014, 05:17:19 PM |
|
Pretty flatty is getting here ... 620 620 ... Well it is more likely that my predictions about this week rally were wrong.
|
|
|
|
minerpumpkin
|
|
July 14, 2014, 05:30:52 PM |
|
Pretty flatty is getting here ... 620 620 ... Well it is more likely that my predictions about this week rally were wrong. At least a lot of people who predict a bubble expect a flatline before that. We'll see how that works out, yet the pattern still isn't violated... What are our long-term support lines currently?
|
|
|
|
Gianluca95
Legendary
Offline
Activity: 1582
Merit: 1196
Reputation first.
|
|
July 14, 2014, 05:43:09 PM |
|
Price is moving down What's happening? Yesterday price was 630$, now is 619 !
|
|
|
|
roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
|
|
July 14, 2014, 05:46:51 PM |
|
Price is moving down What's happening? Yesterday price was 630$, now is 619 ! It's fractuating :-) $10 drop is like none. So no worries and remember that we are still waiting for this year rally :-) as till now it was pretty quiet. Kind regards.
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
|
July 14, 2014, 05:47:08 PM |
|
I've been probing the monkey about longer term prospects. Monkey seems to be bifurcating his analysis on the weekly/monthly scales, mixing two principal scenarios, both bullish: 1) Gradual (linear) rise for 2 months, plateau for a month or so, and then 2 months of rocketship, past 6k, mild bear market early 2015 but possibly protracted. 2) Increasing rate of climb (parabolic) from August into September, short, sharp ramp in September, past 3k, mild bear until late November or early December.
However, on the daily chart he continues to flip-flop. His worst case scenario is found on the daily chart: 1) A 1 week linear decline followed by a 1 week parabolic decline to 444, culminating in a strong bull market in August. 2) Alternatively, the bullish scenario is continued wobble, indeterminate duration, ending in a weekly/monthly (1) track.
If I try to combine the daily with the long-term forecasts, he seems to be telling me that a sharp draw-down now would end in a 3k+ September, while a drawn-out wobble now would end in a 6k+ November.
|
|
|
|
|