Bitcoin Forum
July 28, 2017, 04:57:52 AM *
News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 [600] 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1940699 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 13, 2014, 09:29:02 PM
 #11981

Here's another great hint as to what has been happening.

In this podcast,  Lazlo Birinyi  describes his Money Flow Model where he measures the degree to which the ask side is hit in Time & Sales. I find this podcast timely as I have been noticing just this strategy being executed in tandem with these big blocking walls.

If you watch carefully, just about all the big trades involving 25-100 BTC or so are green; meaning they're being hit on the ask side of the spread. This means there is  more interested significant  buying going on than selling.  Someone is using these walls to keep price suppressed, get small panic sellers to jump in front, all the while they're buying in big chunks.

http://www.bloomberg.com/podcasts/masters-in-business/

Did he get enough before losing over 3000 btc in a single buy?  Seems like he's going to have to accumulate all over again  Cheesy

The other interesting point Birinyi made was that he doesn't think the stock market prices in anything beyond 3-6 months. With all this crap coming from the bears about the reward halving already being priced in 2 years in advance, as opposed to my own observations about what happened in 2012, I thought this was interesting.
1501217873
Hero Member
*
Offline Offline

Posts: 1501217873

View Profile Personal Message (Offline)

Ignore
1501217873
Reply with quote  #2

1501217873
Report to moderator
1501217873
Hero Member
*
Offline Offline

Posts: 1501217873

View Profile Personal Message (Offline)

Ignore
1501217873
Reply with quote  #2

1501217873
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
User705
Hero Member
*****
Offline Offline

Activity: 714



View Profile
September 13, 2014, 09:36:49 PM
 #11982

bitcoin currently is likely as always a binary proposition.  It's either a 5 year plan or a 5 minute plan.  Halving isn't being priced in because the landscape will be very different by that time.
blaaaaacksuit
Sr. Member
****
Offline Offline

Activity: 280

Who cares?


View Profile
September 13, 2014, 10:29:33 PM
 #11983

Here's another great hint as to what has been happening.

In this podcast,  Lazlo Birinyi  describes his Money Flow Model where he measures the degree to which the ask side is hit in Time & Sales. I find this podcast timely as I have been noticing just this strategy being executed in tandem with these big blocking walls.

If you watch carefully, just about all the big trades involving 25-100 BTC or so are green; meaning they're being hit on the ask side of the spread. This means there is  more interested significant  buying going on than selling.  Someone is using these walls to keep price suppressed, get small panic sellers to jump in front, all the while they're buying in big chunks.

http://www.bloomberg.com/podcasts/masters-in-business/

Did he get enough before losing over 3000 btc in a single buy?  Seems like he's going to have to accumulate all over again  Cheesy

The other interesting point Birinyi made was that he doesn't think the stock market prices in anything beyond 3-6 months. With all this crap coming from the bears about the reward halving already being priced in 2 years in advance, as opposed to my own observations about what happened in 2012, I thought this was interesting.

Yea I agree.  Traders are most definitely more concerned with if bitcoin will even be around two years from now.  Factoring in a block reward halving two years from now seems asinine.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 13, 2014, 10:37:07 PM
 #11984

Here's another great hint as to what has been happening.

In this podcast,  Lazlo Birinyi  describes his Money Flow Model where he measures the degree to which the ask side is hit in Time & Sales. I find this podcast timely as I have been noticing just this strategy being executed in tandem with these big blocking walls.

If you watch carefully, just about all the big trades involving 25-100 BTC or so are green; meaning they're being hit on the ask side of the spread. This means there is  more interested significant  buying going on than selling.  Someone is using these walls to keep price suppressed, get small panic sellers to jump in front, all the while they're buying in big chunks.

http://www.bloomberg.com/podcasts/masters-in-business/

Did he get enough before losing over 3000 btc in a single buy?  Seems like he's going to have to accumulate all over again  Cheesy

The other interesting point Birinyi made was that he doesn't think the stock market prices in anything beyond 3-6 months. With all this crap coming from the bears about the reward halving already being priced in 2 years in advance, as opposed to my own observations about what happened in 2012, I thought this was interesting.

Yea I agree.  Traders are most definitely more concerned with if bitcoin will even be around two years from now.  Factoring in a block reward halving two years from now seems asinine.

it's just a ploy on their part to try and convince all the weak hands that we will never see new highs and that Bitcoin is finished.  don't be fooled.
Odalv
Legendary
*
Offline Offline

Activity: 1162



View Profile
September 13, 2014, 11:10:38 PM
 #11985

cypherdoc, I have tried to run bitcoin-qt on
 http://www.amazon.com/ADATA-Premier-128GB-Memory-ASDX128GUI1CL10-R/dp/B00DVXTOBO  :-)

- it took 26 mins to copy blockchain
- 6 mins to verify blocks (3-6x longer than when using SSD)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 13, 2014, 11:28:12 PM
 #11986

cypherdoc, I have tried to run bitcoin-qt on
 http://www.amazon.com/ADATA-Premier-128GB-Memory-ASDX128GUI1CL10-R/dp/B00DVXTOBO  :-)

- it took 26 mins to copy blockchain
- 6 mins to verify blocks (3-6x longer than when using SSD)


so you copied the blockchain from one of your existing pc's?

how long would it take to download blockchain from network?
Odalv
Legendary
*
Offline Offline

Activity: 1162



View Profile
September 14, 2014, 12:12:04 AM
 #11987

>so you copied the blockchain from one of your existing pc's?
yes

>how long would it take to download blockchain from network?
hours(days/minutes) ? .. I do not know .. It depends on connection speed. Theory says I'm able to write on my SSD 400 MB/s what is 65 sec (for 26 GB). Tongue

Edit:
Manufacturer says I can write 45 MB/s to SD, but reality is only 20 MB/s. .. My laptop is 3 years old.
Zarathustra
Legendary
*
Offline Offline

Activity: 980



View Profile
September 14, 2014, 10:11:54 AM
 #11988

Halving date sooner than estimated.

http://bitcoinclock.com/

The clock is limping behind the time. One year ago, it showed end of october 2016.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 02:18:23 PM
 #11989

Moving up
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 02:22:16 PM
 #11990

This picture, along with the majority of volume being Chinese, tells you China is not over :
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 02:30:31 PM
 #11991

Thank you to the whale (short coverer?) who simply smashed that 3000 btc wall down the other night. Also thanks to the little bulls who helped take out all the little sellers who were panic front running the blocking wall.

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 10:18:35 PM
 #11992

nice gap down.  i'm sure they'll have this corrected by morning:

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 10:38:53 PM
 #11993

the PPT better get crackin':



oops, wrong asset.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 10:42:16 PM
 #11994

uh oh, back under:

RickyRickyyyy
Newbie
*
Offline Offline

Activity: 28


View Profile
September 14, 2014, 10:53:54 PM
 #11995

China and BTC = future
USD and EUR = fucked
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 14, 2014, 11:09:59 PM
 #11996

nice gap down.  i'm sure they'll have this corrected by morning:



actually, most Bitcoiners are spoiled by 24/7 markets. 

just look at how unfair this Dow futures market is for the average investor.  the Dow runs up fast at the end of the normal trading day on Friday going into 4PM EST.  now, Sunday evening, they gap the futures market down -60 as of now.  it could get much worse by tomorrow morning but all the while, average investors that don't trade futures, are trapped to deal with tomorrow morning's opening tick.  i see this crap all the time, especially with after hours earnings reports which gap up or down up to 20%.  it's unfair for most investors.
damnek
Hero Member
*****
Offline Offline

Activity: 552



View Profile
September 15, 2014, 12:07:53 AM
 #11997

i see this crap all the time, especially with after hours earnings reports which gap up or down up to 20%.  it's unfair for most investors.

As an investor in stocks, you can't afford not to sell some option premium against what you hold, especially around earnings reports. I had stocks go 30% against me after earnings and I would've never been able to recover those positions if it wasn't for half a year of selling calls against them.

Be a voice, not an echo
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 15, 2014, 04:39:45 AM
 #11998

more Japan:

http://www.zerohedge.com/news/2014-09-14/why-collapse-abenomics-important-its-large-scale-failure-keynesian-stimulus-real-tim
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 15, 2014, 04:48:10 AM
 #11999

Wednesday we should get some fireworks from the FOMC meeting followed by Thursday fireworks from Scotland:

http://www.calculatedriskblog.com/2014/09/fomc-preview-more-tapering.html

http://www.zerohedge.com/news/2014-09-14/china-bad-news-scotland-no-news-send-futures-lower
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 15, 2014, 04:49:51 AM
 #12000

Snowden on New Zealand lying:

https://firstlook.org/theintercept/2014/09/15/snowden-new-zealand-surveillance/
Pages: « 1 ... 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 [600] 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 ... 1558 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!