rpietila Wall Observer - the Quality TA Thread ;)

[intighet]

The problem is that it will not happen in the near future.

Real life is in dollars. You have to buy hardware parts in dollars to build mining rig. You pay electricity in dollars. So unfortunately for all of us, it is gonna crash hard...

says the noob jumping to conclusions.

It is a sign of tulipomania when people don't want to ear any bearish prediction (or put anyone that disagree with them on ignore list).

Listen to all opinions. All of them make a market not only the one in your head.

Guys, stay smart and factual.

The problem is that your statements are bald assertions that demonstrate a clear lack of understanding of the complexity of the Bitcoin economy, not an educated opinion.

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[findftp]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

[sidhujag]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

[findftp]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

[sidhujag]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

[findftp]

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Interesting. I could not find your posts very quickly, but I will keep it in mind for future reference.
But about the LTC, do you mean BTC or USD pair?

[yokosan]

$300 here we come?

[dEBRUYNE]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

[MoreFun]

Dumps started to begin more frequent so we would notice that and also dump outselfs. The walls are of course from the dumper.

[nioc]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

[sidhujag]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

[coinits]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

[sidhujag]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

There is  no fiat involved thus totally legal. It's just open source software. If it's banned in US because of being a money transmitter somehow that doesn't stop other jurisdictions from benefiting the obvious increase in efficiency in our everyday lives. If US decides to not adopt, it is their loss and other's may come out ahead in the technology revolution/knowledge era which is the next driver of economic prosperity.

[prophetx]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

you are not very familiar with the securities regulations. it is perfectly okay for people to trade things, including unregistered securities so long as they file their taxes and report earnings.  the problem, and not just for Americans, is that an American company issues unregistered shares and markets them to the American public, in which case you can look to Mr. Voorhees for what the end result is.

[sidhujag]

Yea I think if you misrepresent what you are selling that is an issue, or if you introduce fiat or regulated securities to mix in with unregulated ones.

[coinits]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

you are not very familiar with the securities regulations. it is perfectly okay for people to trade things, including unregistered securities so long as they file their taxes and report earnings.  the problem, and not just for Americans, is that an American company issues unregistered shares and markets them to the American public, in which case you can look to Mr. Voorhees for what the end result is.

Umm AllSportsMarket tried it and regulators shut them down. They traded digital stocks and it ran afoul of US Regulators. That is why they had to create the Sports Risk Index. They have been 4 years at least trying to work through all of the red tape.

[sidhujag]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

you are not very familiar with the securities regulations. it is perfectly okay for people to trade things, including unregistered securities so long as they file their taxes and report earnings.  the problem, and not just for Americans, is that an American company issues unregistered shares and markets them to the American public, in which case you can look to Mr. Voorhees for what the end result is.

Umm AllSportsMarket tried it and regulators shut them down. They traded digital stocks and it ran afoul of US Regulators. That is why they had to create the Sports Risk Index. They have been 4 years at least trying to work through all of the red tape.

Uses $ all over the UI so it represents winnings in $... if this is true then its a money transmitter if you can deposit/withdraw fiat. I saw in Aug they got tax exempt status meaning they are labelled a charity, not sure how/why this would work for this business. The fact that the UI is literred with $ means it can't be the same as bitshares.

[prophetx]

rpietilla, what's your price projection for the end of the year? is btc going further into bear market or we will see a recovery?

He called the bottom 1,5 month ago.
https://bitcointalk.org/index.php?topic=740394.0

I think there are not many people who really know.

I also called the bottom 2 weeks ago, now look

I knew this was happening.. we arent at a bottom yet... it all depends on LTC not btc...  we need to go down on LTC then both will bottom.

Can you explain what LTC got to do with this?

Ive got it in my posts i posted a bunch of times.. its volume/price correlation. Been using it for over a year... its what kept me out since then (well not really... i bought some at a little under $500 to buy btsx which I am up as a whole on because im largely more bullish on btsx than btc right now). It's also what will get me in at the right time.. and I think we are close.

Do you perhaps have a link or topic where btsx is briefly explained?

http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

Marmot assets FTW

That couldn't be more biased even if he tried.

Try this http://bitshares.org/faq/... essentially the only risk is the asset peg bitUSD to $1.. a oroblem all blockchain 2.0 currencies are trying to solve. I believe for the time being BM got it right and its on the up and up for now... until the time comes when we release the price feed and have the system get off of its trainign wheels. By then volume should be high enought o justify prices beyond the scope of comprehension.

The risk for US-based owners of bitshares is that this is digital stock trading platform. The government has laws against these types of activities unless sanctioned.

you are not very familiar with the securities regulations. it is perfectly okay for people to trade things, including unregistered securities so long as they file their taxes and report earnings.  the problem, and not just for Americans, is that an American company issues unregistered shares and markets them to the American public, in which case you can look to Mr. Voorhees for what the end result is.

Umm AllSportsMarket tried it and regulators shut them down. They traded digital stocks and it ran afoul of US Regulators. That is why they had to create the Sports Risk Index. They have been 4 years at least trying to work through all of the red tape.

You should be more precise in what you write.  

I cannot gather from what you write whether they were shut down for running an unregistered exchange, similar to BTCT.CO, or issuing shares without filing proper paperwork, or for marketing unregistered shares to the general public.

People are allowed to trade financial instruments amongst themselves, even bearer instruments, which are illegal to issue in the USA.  They simply need to report ownership and tax implications.  Companies marketing them on the other hand.

[Trolololo]

Risto,

Chart inspired in yours, but with spread = zero from the genesis to the MtGox start.

01-10-2014:
Weighted price: 378.84
Trend price = 1269.11
Spread = -0.53  -->  -70%

[SlipperySlope]

[log price chart]
[variation from trend chart]

Nice charts. I especially like the central tendency illustration over the past 12 months.

Here is the one-week resolution log chart of Bitstamp prices with your regression line approximated by me. The bottom technical indicator is the KDJ as provided by Bitcoin Wisdom. A backtested strategy suggests buying when the J line (purple) rises above 50 and selling when the J line falls below 50.