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adamstgBit
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August 31, 2014, 04:17:10 PM |
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adamstgBit
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Merit: 1037
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August 31, 2014, 04:21:17 PM |
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Interesting bet, i like those odds! edit: i think you mixed up your gr8er then sign, FTFY.
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fairlay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2014, 04:24:35 PM |
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Interesting bet, i like those odds! Pretty sure that they will change pretty soon. It obv. could be that BTC is <$500 on Oct 1. but I think there is no reason to be sure about that. It should be more like 50:50 instead of 20:80
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JorgeStolfi
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August 31, 2014, 04:28:22 PM |
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Re the runaway BTC-e robot: something similar happened earlier this year (Jan/30?) on BTC-China, when a runaway robot traded more than 35'000 BTC in less than one hour; which was about 10x their habitual daily volume.
IIRC, at he time they were about to introduce a market maker-taker fee mechanism (charge X% from the incoming order and pay X% to the waiting one); perhaps that confused the robot.
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adamstgBit
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August 31, 2014, 04:28:32 PM |
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Interesting bet, i like those odds! Pretty sure that they will change pretty soon. It obv. could be that BTC is <$500 on Oct 1. but I think there is no reason to be sure about that. It should be more like 50:50 instead of 20:80 its just impossible to say. free market says the odds should be 5:1 ish so be it. i think i'd place the bearish bet just cuz the odds are soo good, who the F knows what price will do. lol
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fairlay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2014, 04:34:06 PM |
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Interesting bet, i like those odds! Pretty sure that they will change pretty soon. It obv. could be that BTC is <$500 on Oct 1. but I think there is no reason to be sure about that. It should be more like 50:50 instead of 20:80 its just impossible to say. free market says the odds should be 5:1 ish so be it. i think i'd place the bearish bet just cuz the odds are soo good, who the F knows what price will do. lol Actually the bullish odds (yes - Bitcoin will be >$500) are very good. The "<" in the first post was right. The prediction says >$500 but user did bet on "no" - this is why I wrote "<"... Now I am confused as well...
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minerpumpkin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2014, 04:36:09 PM |
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Interesting bet, i like those odds! Pretty sure that they will change pretty soon. It obv. could be that BTC is <$500 on Oct 1. but I think there is no reason to be sure about that. It should be more like 50:50 instead of 20:80 its just impossible to say. free market says the odds should be 5:1 ish so be it. i think i'd place the bearish bet just cuz the odds are soo good, who the F knows what price will do. lol It also totally depends on how much bulls or bears are willing to actually put down. If someone is really certain they're going to win the bet or do own quite a substantial amount of BTC, they may easily skew the odds!
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adamstgBit
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August 31, 2014, 04:44:30 PM |
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481. bullshit
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 31, 2014, 04:59:36 PM |
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minerpumpkin
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August 31, 2014, 05:03:24 PM |
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Ha, yeah a lot of people will tell you that we already passed Bitcoin's 11,400 and we're now on our way down again! You really only know how something has played out, after it, well, has played itself out!
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mmitech
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things you own end up owning you
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August 31, 2014, 05:05:18 PM |
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So let's call out everyone that said they were buying if we dipped to $480. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Why buy now, according to fallling we can have free coins sooner rather than later. You do realize that falling has been the one voice of reason among a bunch of permabulls here who in concert scream "buy more and hold because loosing money is great and the price will surely go back up"? Perhaps with the right major crisis the nations will accept the GNU World Order but I don't see that as likely. Now consider this: * LTC is traded at $4.855 * The total supply of LTC will be 4 times that of BTC. Thus, the price LTC should be 1/4th of the fair price of a BTC * 4.855*4 = $19.42 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) your logic is flawed, your logic is flawed even if Litecoin should be valued like Bitcoin.
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Omikifuse
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August 31, 2014, 05:07:14 PM |
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Told you about the weekend dump. Its weekend plus end of month.
Sometimes the market is as predictable as a machine.
But we'll be back to the 500's at the start of the week, so no panic sell for those who still hold
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NotLambchop
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August 31, 2014, 05:10:45 PM |
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..Perhaps with the right major crisis the nations will accept the GNU World Order... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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QuestionAuthority
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You lead and I'll watch you walk away.
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August 31, 2014, 05:11:30 PM |
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Told you about the weekend dump. Its weekend plus end of month.
Sometimes the market is as predictable as a machine.
But we'll be back to the 500's at the start of the week, so no panic sell for those who still hold
500's? I want to know when we're going to be back in the $1,000's. Some people can't sell because at $500 their loss is too great.
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adamstgBit
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August 31, 2014, 05:11:55 PM |
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Told you about the weekend dump. Its weekend plus end of month.
Sometimes the market is as predictable as a machine.
But we'll be back to the 500's at the start of the week, so no panic sell for those who still hold
good call
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mmitech
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things you own end up owning you
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August 31, 2014, 05:18:07 PM |
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what is happening @BTC-e shows us how fucked up these business owners they can get sometimes, in a normal fair world, the Admins notice the unusual activity from this bot and they coordinately ac, one way is by blocking the API access temporarily to prevent the bot from losing all the owner's money, I am sure the owner would be really thankful and the positive impression would be felt and reflected on all customers, but because this is Bitcoin and BTC-e we are talking about, they don't give a fuck and they are sitting happily watching the poor guy losing all this kind of money.
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tarmi
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August 31, 2014, 05:20:22 PM |
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what is happening @BTC-e shows us how fucked up these business owners they can get sometimes, in a normal fair world, the Admins notice the unusual activity from this bot and they coordinately ac, one way is by blocking the API access temporarily to prevent the bot from losing all the owner's money, I am sure the owner would be really thankful and the positive impression would be felt and reflected on all customers, but because this is Bitcoin and BTC-e we are talking about, they don't give a fuck and they are sitting happily watching the poor guy losing all this kind of money.
if someone failed with his own trading bot why should the exchange bother to bail him out?
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hmmkay
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2014, 05:26:06 PM |
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what is happening @BTC-e shows us how fucked up these business owners they can get sometimes, in a normal fair world, the Admins notice the unusual activity from this bot and they coordinately ac, one way is by blocking the API access temporarily to prevent the bot from losing all the owner's money, I am sure the owner would be really thankful and the positive impression would be felt and reflected on all customers, but because this is Bitcoin and BTC-e we are talking about, they don't give a fuck and they are sitting happily watching the poor guy losing all this kind of money.
if someone failed with his own trading bot why should the exchange bother to bail him out? Bot-users losing money is great! Feeling sorry for them? Hah!
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