.

[Patel]

In about 5 years oil is going to be useless because you can run all the worlds machine with a infinite supply of cosmic energy. Nikole Tesla patented his machine in 1901

Just wanted to add that in their with the oil talk

Cool story.  Could you link to the patent that describes how it works?  All US patents are public record.

sure

http://www.google.com/patents/US685957

the elite and oil bankers like to keep this patent a nice secret to keep the oil bankers in business, but not for much longer. Truth is spreading like a wildfire now-a-days..

[Patel]

So your charts says Bitcoin will be $85 around October 27?

[MAbtc]

In about 5 years oil is going to be useless because you can run all the worlds machine with a infinite supply of cosmic energy. Nikole Tesla patented his machine in 1901

Just wanted to add that in their with the oil talk

Cool story.  Could you link to the patent that describes how it works?  All US patents are public record.

sure

http://www.google.com/patents/US685957

the elite and oil bankers like to keep this patent a nice secret to keep the oil bankers in business, but not for much longer. Truth is spreading like a wildfire now-a-days..

People have been talking about this shit for years. Amirite?

[Tzupy]

Is 85$ the median price at final capitulation? If so, I doubt the 27th October is right, at least not with this shitty volume.
Middle December looks to me more probable right now, at least until volume picks up.

And about 'free energy' patents, those are BS. A technology that may change the world however, is energy out of Nickel - Hydrogen reaction ( Rossi effect ).

[Patel]

In about 5 years oil is going to be useless because you can run all the worlds machine with a infinite supply of cosmic energy. Nikole Tesla patented his machine in 1901

Just wanted to add that in their with the oil talk

Cool story.  Could you link to the patent that describes how it works?  All US patents are public record.

sure

http://www.google.com/patents/US685957

the elite and oil bankers like to keep this patent a nice secret to keep the oil bankers in business, but not for much longer. Truth is spreading like a wildfire now-a-days..

People have been talking about this shit for years. Amirite?

Yeah people have been talking about this for years, and that is why there is more awareness into it now. In the past few years, the alternative energy industries grown so much to lessen the reliance on oil. And its not coming to an end any time soon, thats why in 5-10 years or so, your going to see this type of advancements in energy skyrocket

[notme]

In about 5 years oil is going to be useless because you can run all the worlds machine with a infinite supply of cosmic energy. Nikole Tesla patented his machine in 1901

Just wanted to add that in their with the oil talk

Cool story.  Could you link to the patent that describes how it works?  All US patents are public record.

sure

http://www.google.com/patents/US685957

the elite and oil bankers like to keep this patent a nice secret to keep the oil bankers in business, but not for much longer. Truth is spreading like a wildfire now-a-days..

I hate to take such a great thread off track, but two quick points:
1. If there was profit in this (and there would be if it was as powerful as you assume), bankers would be all over it.
2. Collection of electromagnetic radiation (which is what this patent describes) can not possibly supply US energy demands, let alone "all the world's machinery".  Try working out the physics sometime.  There just isn't enough energy there, even if we could collect it all.

[Patel]

I hate to take such a great thread off track, but two quick points:
1. If there was profit in this (and there would be if it was as powerful as you assume), bankers would be all over it.
2. Collection of electromagnetic radiation (which is what this patent describes) can not possibly supply US energy demands, let alone "all the world's machinery".  Try working out the physics sometime.  There just isn't enough energy there, even if we could collect it all.

same, i am gonna save this discussion for another website, but it sounds like you made your decision. these types of machines, inventions, already have working prototypes but there have been so many conspiracy theories on how they suffocate these kinds of technologies from reaching the public

[mp420]

Hm, I didn't bother to try to understand the patent, and I apologize for derailing the thread further, but the by far biggest source of EM radiation on earth is the sun. And solar photovoltaic energy generation is kind of a big (and growing) business, regardless of some 100 year old patent (and regardless of whether that patent was granted to a big name mad scientist). We're getting better at it all the time. (Visible light is a type of EM radiation.)

So, nothing new under the sun, but don't expect anything to take over the whole existing infrastructure in a short timeframe. A breakthrough technology in the energy production field takes at least 20 to 25 years from first prototype to widespread adoption, much likely much longer. And fossil fuels are going to be burned as long as it's economical to burn them.

[Tzupy]

During the last 4 days the bid sum has been relatively stable, and the increase in ask sum of the 15th
failed to trigger a large drop, mainly due to the low volume IMO. Right now there is a drop in money flow,
remains to be seen how long it will last and if it will lead to a significant price drop.

OT, regarding energy production with a Rossi reactor, check this PDF:
http://arxiv.org/ftp/arxiv/papers/1305/1305.3913.pdf

[mp420]

During the last 4 days the bid sum has been relatively stable, and the increase in ask sum of the 15th
failed to trigger a large drop, mainly due to the low volume IMO. Right now there is a drop in money flow,
remains to be seen how long it will last and if it will lead to a significant price drop.

OT, regarding energy production with a Rossi reactor, check this PDF:
http://arxiv.org/ftp/arxiv/papers/1305/1305.3913.pdf

For a more in-depth discussion, read this Wikipedia article: http://en.wikipedia.org/wiki/Energy_Catalyzer

I've come across this hoax several times in the last 15 years. It's just bad science mixed with wishful thinking.

[Tzupy]

Sorry for polluting the OT. IMO the Nickel - Hydrogen reaction is not a hoax, there are several companies trying to develop
a commercial product. And Wikipedia is rubbish when it comes to mainstream science, let alone borderline science.

[Ares]

Backtesting has shown that I should reduce the sampling interval—by quite a bit. I am using more local samples now, which produces a less dramatic result.

No longer assuming a peak of 148, I see.

[BlackHayate]

chodpaba
Is it still Gox data analysis or you switched to Bitstamp?

[clock27]

gox is bad very bad
and vircurex has no way to take out fiat either
coinbase takes forever IMO to do anything
exchanges are in trouble it seems

[Xer0]

panic sell incoming

[derpinheimer]

panic sell incoming

How much longer? I am growing bored

[Patel]

ETA 30 min

[rampantparanoia]

ETA 30 min

:yawn: @ 1 hour now.

[Tzupy]

The imbalance in the price is close to 10$, so another correction is quite probably IMO.
But as long as volume stays low, it just won't happen. And it requires a significant drop in money flow too.
This could happen in 1 - 2 hours, or in 6 - 7 hours from now ( or not at all if a whale buys and corrects the imbalance ).

[adamstgBit]

i'm curious, if we do have another correction where would you place support?