All posts made by janos666 in Bitcointalk.org's Wall Observer thread



1. Post 9144590 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: fonzie on October 09, 2014, 06:28:12 PM
Anyone else has problems with bitcoinwisdom.com? Lagging hard, canīt open new pagesī...

Yeah, it's indirectly caused by the adds. Those stupid animations make the crappy Adobe Flash Player mad which in turn makes the browser laggy/crashy. It might be just stupidity (as Adobe Flash usually is) but could also be semi-malicious (a dumb maleware), I am not sure. This is not the first time in the Flash Player history, similar things happen from time to time (it's usually just bugs).



2. Post 9148350 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: Chalkbot on October 10, 2014, 02:13:01 AM

Lol

Grats Jimbo, for having a screenshot of your post featured in a CNBC article about bearwhale.

What about whalebearwall: half man, half pig, half wall? Roll Eyes



3. Post 9155414 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Weird. I almost dumped when it seemed like the 4h MACD is crossing but I had a "this time is different" feeling. The price went up by ~8$ and those likes are still "just about to cross". It's like the market wants me to sell but doesn't want the lines to cross. Roll Eyes



4. Post 9158813 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: shmadz on October 11, 2014, 12:07:00 AM
Shocked Shocked Shocked


Thank god, someone reanimated Willy! Next stop 5000$

If price <361 then buy 0.05 Huh

That's a pretty weak willy



Engines need to be warmed up at low performance before going with full throttle, don't they? Grin
Or he is just FunnyBot.



5. Post 9166639 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: Natalia on October 11, 2014, 07:08:16 PM
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.

Ask ChartBuddy, he seems to be really confident.



6. Post 9166707 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Historical moment: I just initiated my very first margin trade order (ever). Grin
I found a few DRK in my local wallet and have been curious how Bitfinex really works from user perspective, so I funded a fresh account with the DRK dust and decided to... probably loose it all on that trade. Grin
(I didn't even care to calculate my probability and my possible profit, just went "all in" with something like 7$. Tongue)
I miss the days when Bitcoin trading was limited to simple exchange.



7. Post 9166749 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: Natalia on October 11, 2014, 07:14:28 PM
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.

Ask ChartBuddy, he seems to be really confident.

Do you have mail adress from Mr./Mrs. Chartbuddy?

Quote from: ChartBuddy on October 11, 2014, 07:01:00 PM

Explanation


Starting to seem like a wall for me.



8. Post 9167714 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.22h):

Quote from: thompete on October 11, 2014, 08:54:37 PM
Any news or conspiracy theory?

Bitstamp has been pretty much stable in the last 4 hours. What is all the discussion about?

Woman from (virgin) men perspective, mostly.
I got tired about the "game" talk, so I tested the thread by saying "I just broke my margin trade virginity" (which was supposed to combine trading and virginity in one sentence) and (as I suspected) nobody cared. Cheesy



9. Post 9169710 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: TsuyokuNaritai on October 12, 2014, 12:48:24 AM
So, not unlike a few days ago with the 30k sellwall, we're now hovering around a considerable buywall.

IIRC, in the first case, we hovered close, nibbled, and finally bought and this was hella bullish and BTC went up in price.

Now, we're hovering around the buywalls and it looks like they will be sold into. Can some cultists in here spin this into bullish sentiment for me?
Why, certainly. Grin THIS IS ACTUALLY GOOD NEWS!!

Bears will use up their ammo buying the wall, then resistance is futile, moon will be assimilated.

How do you buy a buy-wall?



10. Post 9189169 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: Hawkix on October 13, 2014, 06:35:13 PM
.. expect drop in 3,2,1 ...

Have you just finished listening to the lats Peter Schiff podcast?
I did. Undecided
I find him interesting (worth my time to listen to him from time to time in the background while drawing on the foreground) for this sole reason that how reasonable he seems to be about a lot of things while being so blindly pessimistic about Bitcoin.
His Bitcoin bashings always make me think twice about doing anything more about Bitcoin other than a final big sale (haha, well, he would kindly allow me to pay with them for his gold, which is just..., LOL, that is..., LOL Tongue). So every time I feel like I am getting blindly optimistic, I just listen to one of his new Bitcoin bashings to get balanced again.

Well, he is the reason I didn't just execute a margin buy @380 (yes, buy more). Let's see if I will regret that or thank him for balancing out my thoughts.



11. Post 9189370 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: stan.distortion on October 13, 2014, 07:51:55 PM
http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

The ending is very depressing (in my opinion anyway).



12. Post 9189921 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: ShroomsKit on October 13, 2014, 08:05:16 PM

Why? Without giving too many spoilers.

The first parts are really euphoric (blindly optimistic, positive, fun, exponentially progressing...). Then you start to learn about how this all is a big wild roller coaster in both monetary and emotional aspects (prices fluctuate, companies rise and fall while they steal your money and/or BTC and seemingly good guys face jail time, prices crash again, etc, so basically 99.9% of the people lose something or other at the end: time, money, coins, spiritual happiness, positive future outlook..., sometimes all of these at once).
The ending shows how Bitcoin sucked out most the enthusiasm from a main subject of the documentary who was probably one of the very few true Bitcoin supporters who never seemed to gave up. For me, it seemed like he feels really empty now, like he already lost the hope and he just fails to admit it for himself and move on, he just got stuck with Bitcoin but without the spiritual or monetary benefits.


Ahh...
That order I didn't place 1-2 hours ago (because I were listening to Schiff) would be in the green already. Sad
Starting to feel like a real reversal to me.



13. Post 9189988 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: av123 on October 13, 2014, 08:55:45 PM

The first parts are really euphoric (blindly optimistic, positive, fun, exponentially progressing...). Then you start to learn about how this all is a big wild roller coaster in both monetary and emotional aspects (prices fluctuate, companies rise and fall while they steal your money and/or BTC and seemingly good guys face jail time, prices crash again, etc, so basically 99.9% of the people lose something or other at the end: time, money, coins, spiritual happiness, positive future outlook..., sometimes all of these at once).
The ending shows how Bitcoin sucked out most the enthusiasm from a main subject of the documentary who was probably one of the very few true Bitcoin supporters who never gave up. For me, it seemed like he feels really empty now, like he already lost the hope and he just fails to admit it for himself and move on, he just got stuck with Bitcoin but without the spiritual or monetary benefits.

It's still informative enough that someone not familiar with BTC can learn something from it.

And that's what I don't like about it.
Bitcoin virgins will only learn to stay away of getting sucked dry in every aspects by getting involved in any form.



14. Post 9190729 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: JayJuanGee on October 13, 2014, 09:20:20 PM

The first parts are really euphoric (blindly optimistic, positive, fun, exponentially progressing...). Then you start to learn about how this all is a big wild roller coaster in both monetary and emotional aspects (prices fluctuate, companies rise and fall while they steal your money and/or BTC and seemingly good guys face jail time, prices crash again, etc, so basically 99.9% of the people lose something or other at the end: time, money, coins, spiritual happiness, positive future outlook..., sometimes all of these at once).
The ending shows how Bitcoin sucked out most the enthusiasm from a main subject of the documentary who was probably one of the very few true Bitcoin supporters who never seemed to gave up. For me, it seemed like he feels really empty now, like he already lost the hope and he just fails to admit it for himself and move on, he just got stuck with Bitcoin but without the spiritual or monetary benefits.


Ahh...
That order I didn't place 1-2 hours ago (because I were listening to Schiff) would be in the green already. Sad
Starting to feel like a real reversal to me.

Janos666:  

I agree with you that the documentary seems to show quite a few difficulties in the bitcoin space and a lot of emotional turmoil of the participants; NONETHELESS, I believe that your review of the documentary is a bit overly pessimistic about what the film depicts.

I posted a review here:  https://bitcointalk.org/index.php?topic=512096.msg9167034#msg9167034

This wasn't a review, just my impression.
I waited for this movie to make one of my friends watch it. I have been trying to lure him into buying at least a few BTC and trade with me instead of fooling around with the forex and paper gold markets. I know BTC better, he knows markets in general better, so I figure it could be a profitable cooperation for both of us...
Then the torrent came online and I watched it first. I even liked it because I know how it goes (I wasn't an early adopter but I have been around for a while, earlier than my forum account) and it's good as a documentary. But I definitely won't ask that friend of mine to watch it! I sent him links for the Antonopoulos and CFTC hearings instead. The ending was too depressing and that leaves a mark.



15. Post 9190773 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

400, LOL.
Should I close the margin trade when Bitfinex catches up or not? Roll Eyes
-> Yes Schiff, I went in anyway.



16. Post 9191324 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: BlindMayorBitcorn on October 13, 2014, 11:00:15 PM
will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

they lend bitcoins to short Smiley

Ohhhh. Well there is the problem right there isn't it Angry

It works the other way as well. They can lend you $ to buy more BTC than you could afford. You might even buy more BTC by keeping some BTC there, effectively harvesting more BTC on a way up (like now - well, at least up to 400 an who knows from here...) thus you might end up with BTC + extra $ or even BTC + BTC (you can automatically buy BTC for the $ you earned).



17. Post 9193414 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.23h):

Quote from: kooke on October 14, 2014, 03:47:44 AM
Good news



I wonder why nobody (I notice) uses this meme for the US or UK stockmarket these days.



18. Post 9199818 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: BitChick on October 14, 2014, 05:19:39 AM
So the question I have for everyone is are we really ready for another bubble?  For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin.  My kids would even say, "Stop talking about Bitcoin!"  But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute!  Hopefully I can remain more calm and less of an "addict" this time around.  We will see. . .  

Well, I started to talk about Bitcoin to my clients instead of forcing meaningless chat to pass the time.
If I think about it, I actually find it strange that I have never ever tried to sell Bitcoins for cash during these home visits. I never offer them anything beyond basic information and my admittedly subjective opinions. Even though this certain side job of mine requires me to meet relatively wealthy strangers at their home (they invite me to visit and do my job, I am not intruding) has absolutely nothing to do with finance, I technically do have a license to talk about finance with people at their home, I just never actually used it for anything (I didn't even pick up that piece of paper from the school, it might lost it's validity by now and/or they throw it away but it was child play to pass the tests, so I could claim it again any time). But for some reason I don't care to do it. I like to talk about Bitcoin, or even world economy but it feels like doing cash trades with Bitcoin would ruin the mood (and I don't think I could sell Bitcoins without braking my other character, so one job-personality would need to suffer).



19. Post 9203171 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: MoreFun on October 14, 2014, 09:51:35 PM
ok i'm calling it now, 3666 in 180 business days  Grin

yuan or usd?

Peso



20. Post 9203485 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

It's bleeding! Embarrassed



21. Post 9203783 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: Walsoraj on October 14, 2014, 10:46:43 PM
http://www.marketwatch.com/story/google-researchers-find-bug-in-encryption-technology-report-2014-10-14

http://www.cnbc.com/id/102078872

The end of Bitcoin?

AMAIK Bitcoin isn't based on SSL3



22. Post 9203880 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: Oblodo on October 14, 2014, 10:54:24 PM

No... Mix of real news conference and SNL skit...



Yap, I checked it out on youtube (original vs. edited). Moreover, I realized I saw it already but so long ago that I forgot about it.



23. Post 9204407 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

This latest buy wall doesn't seem to work (as a pump). Looks like it will be literally broken soon.



24. Post 9206253 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: Richy_T on October 15, 2014, 03:59:29 AM
400!



Takes me all the way back to earlier this morning...

Yeah, but I don't consider 400 as great, I think this is mandatory (to sustain mining and enthusiasm and avoid the meanbearpigwhalepanicFUDsell). 500 would be great. For now.



25. Post 9219299 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: hmmmstrange on October 16, 2014, 05:46:04 AM
what would the price of gold have to be to make it economical to get it out of sea water?

"Each liter of seawater contains, on average, about 13 billionths of a gram of gold."
http://oceanservice.noaa.gov/facts/gold.html

So each cubic meter of seawater (1000 liters) has 0.000013 grams of gold.

Let's say that it costs 1 US$ to process 1 cubic meter of seawater and extract all its gold.

To break even, the price of gold would have to be 1$ / 0.000013g = 77'000 dollars per gram.

If the processing cost were 100 US$ per cubic meter, of course, it would be 7'700'000 dollars per gram, and so on.


@ $40 per gram of gold, each m^3 of sea water is worth 0.0000013 BTC.

I have a limited supply of sea water for sale @ 0.000001 BTC/m^3, get it before it's all gone. Instant 30% arbitrage opportunity.

edit: free world wide shipping to the nearest port

 Grin



26. Post 9219371 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Are those 0.05 BTC trades on Bitstamp some kind of encoded signals (like a morse codes)? You know, trade bots talking with each other? When they are in love we get a pump, when they fight it's a dump.



27. Post 9239447 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: JayJuanGee on October 17, 2014, 09:53:51 PM
the price will have to go down soon.

Why??

if its going to reach his 120$ target it will have to go down...


come on bro it will hold $150 imho !  Grin

When you're dreaming, dream at large. Why not $10? I want to recover about 300 coins I've sodl back then... Grin

I had a dream within the past the night before last that Bitcoin went to zero... maybe we can call it a nightmare??  

I was watching the market and my various wall trackers as BTC price began going down, and I believe it started in the $300s, and then when it was in the $200s, and it was moving down fast and I was trying to open my Coinbase account and get logged in order to buy some BTC, and I was so panicked that I was NOT prepared to make the buy, and I was trying to figure out how much money I had in my bank account and how much I could buy, etc. etc..  As I kept trying to figure this out the price kept dropping, and I'm like shit, there must be some kind of technical problem with these websites or something, but just in case, I want to lock in my buy order so I can get some cheap coins, and then I would create a fairly good-sized order, like 30 coins and then the price would drop and I would recalculate to 50 coins and then I thought I cannot buy that many because I do NOT have enough money in my bank account for that sized order, so I had to keep recalculating and resubmitting my order as the price kept going down.... and when the price was between about $30 and zero I saw this yellow line and smudgy trajectory on my screen for the price going all the way to zero but the exact numbers were NOT showing up on my computer screen.  

Then the price rested at zero for a few seconds, and I thought, there must be something wrong with these various websites or maybe bitcoin is really dead or something (just like all the Wall observer beartrolls had predicted (NOT to name any of them to give any of them specific credit for being correct)), and after a few seconds of the price NOT moving and just stagnated at zero, pretty soon the yellow line started going back up and no digits were showing until the price was back up into the $30s and then the $40s and the $50s, and I was still fuddling around trying to get my order to go through, and the price was moving up fast, and I had mixed thoughts about my inability to get my purchase to go through and the feeling that bitcoin is still alive!!!  Then while I had these mixed thoughts, I was still trying to lock in my buy order while BTC prices were on their way back up, and i believe that I did lock in my buy price at some point in the $upper $50s of 50BTC or something like that.. even though I was NOT sure if I had enough money in my bank account to cover the order.. and then I woke up... and said to myself:  "F@@###kofojfsgdfg##!!@@CK!!!! glad that was just a dream."  


Well, I believe most of the exchanges don't allow you to place orders at absolute zero, some might won't allow <100$ either (to protect you from accidental mistakes like 38$ instead of 380$ / BTC).

I had a similar dream during the 400$-siege. I went to sleep while having a long position opened (I jumped in at 380$). In my dream: I woke up, hit the home button on my smatphone to check the clock. It showed me a tall and fat red candle with single digit $ price. I acknowledged that "Well, I just lost ~90% of my coins and the rest ~10% lost >50% in fiat value". But the interesting part is that I didn't care. I just simply put the phone back to the table like I didn't see anything interesting, closed my eyes and fell asleep until I actually woke up later. I knew it's the real thing because the price was >400$, so I decided to get out of the bed and close that position. Grin

So, well... This at least seems to work. Check the price when you wake up and decide if you are in the right reality. If the price is right then get up, if it's down then you fell asleep on the train and woke up on the wrong station. But you can try to fix it by refusing reality, falling asleep again and weaking up in the next one. Grin



28. Post 9239476 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: fonzie on October 17, 2014, 10:41:11 PM
I came across this picture today and somehow i had to think about if they are bitcointalk.org members?   Huh

[img]

 Cheesy

Is this that fancy google glass which we second country folks haven't seen yet?



29. Post 9239885 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: 600watt on October 17, 2014, 11:38:58 PM
[img]

Looks like it is going up, but to the left  Cheesy

If it doesn't go up from here (400+) but fall to <350 I will feel like doing a last sell while it's still >=300$ and never look back.
This was supposedly that long anticipated reversal but now it feels more like a zombie bounce which is ready to acknowledge that it have been dead for a long time and it's running out of brains to eat.



30. Post 9239961 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: 600watt on October 17, 2014, 11:52:10 PM
[img]

Looks like it is going up, but to the left  Cheesy

If it doesn't go up from here (400+) but fall to <350 I will feel like doing a last sell while it's still >=300$ and never look back.
This was supposedly that long anticipated reversal but now it feels more like a zombie bounce which is ready to acknowledge that it have been dead for a long time and it's running out of brains to eat.

crypto is dead?

Depends... Would you classify zombies as dead?
Also BTC = Crypto but Crypto != BTC

@JayJuanGee
Caboose -> Have you seen Red versus Blue? (It has dumb character called Caboose.)



31. Post 9240445 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Are the Chinese faking their numbers to buy real BTC on Bitstamp for cheap? Huh



32. Post 9240674 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: JayJuanGee on October 18, 2014, 01:42:52 AM
2000BTC wall@ 2300 CNY@Huobi. Is it the same one who put up the 5000 wall before we started the big rise to 418$?  Cheesy
A lot of buy orders right below 2300CNY, he probably wants em get filled.

Edit: Wall eaten(probably by himself as a single 1500 buy order was among it)
"How to create volume 101"

now hes placing bids at the front line and fill them him self too

who to create volume 102!

There are only a few guys who are trading on all of the exchanges.  Maybe 10 guys at the most.   The same as those who are posting in this thread... and I am getting sick of you fucking idiots!!!!!!!!!!    Cheesy Cheesy Cheesy

This is trading and wall observing 103.

I am starting to have the same feeling (as a next step after this: https://bitcointalk.org/index.php?topic=421615.msg9216112#msg9216112).



33. Post 9241014 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: JayJuanGee on October 18, 2014, 02:09:03 AM
2000BTC wall@ 2300 CNY@Huobi. Is it the same one who put up the 5000 wall before we started the big rise to 418$?  Cheesy
A lot of buy orders right below 2300CNY, he probably wants em get filled.

Edit: Wall eaten(probably by himself as a single 1500 buy order was among it)
"How to create volume 101"

now hes placing bids at the front line and fill them him self too

who to create volume 102!

There are only a few guys who are trading on all of the exchanges.  Maybe 10 guys at the most.   The same as those who are posting in this thread... and I am getting sick of you fucking idiots!!!!!!!!!!    Cheesy Cheesy Cheesy

This is trading and wall observing 103.

I am starting to have the same feeling (as a next step after this: https://bitcointalk.org/index.php?topic=421615.msg9216112#msg9216112).

yes the market is out to get you, buy 1 full coin and the market WILL drop and wait for you to sell that 1 coin back and then rise again, all volume between YOUR REAL trades is faked.

Mostly I was joking.. and/or exaggerating for shits and giggles.... as some may say.

Overall, I am NOT as pessimistic as you fellows seem to be making this out to be (at least at the moment).... but overall, if it is really true that some of the Chinese exchanges (and maybe even some of the other exchanges) are actually engaged in a sort of fractional reserve banking, then there may be some fuckerie going on, and I hope that is NOT the case. 

We do need to get some mechanisms in place to disallow fractional reserve banking of BTC because then sooner or later, these fucking whale manipulators will run out of coins.  However, if these whale manipulators really are cheating by trading coins that they do NOT have, then that kind of problem is kind of BIG... and mechanisms need to be put in place to remove and/or minimize the ability for whale manipulators to accomplish such cheating (b/c bitcoin was NOT designed for fractional reserve banking).  I know that there is quite a bit of work in various aspects of the bitcoin space to attempt to address these fractional reserve banking issues... and hopefully sufficient progress is being made in order that we are able to channel our bitcoins into the right mechanisms (such as posters have mentioned the decentralized exchanges when they hopefully evolve).






Of course, I am exaggerating as well. And I am not talking about fractional reserve tricks (except Noe&Bee, Mt.Gox, Moolah and the like frauds...), just legit trading (trading with coins while ending up with fiat gains).



34. Post 9241914 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: touhonoob on October 18, 2014, 04:30:13 AM
QE4 is Coming
https://www.youtube.com/watch?v=lZBoP2aBbuw

He also says (not in this video but from a long time ago and up to this day) that BTC will crash to double or even single digits in the not so distant future and probably never come back up.



35. Post 9242027 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: lyth0s on October 18, 2014, 05:30:32 AM
My single problem with people like Mike Maloney and Schiff is that they are backed/paid by gold/silver sellers and thus their paychecks DEPEND on being against bitcoin and 100% in favor of gold/silver.

Not necessarily. Schiff could theoretically do a full Bitcoin integration if he wanted.
He could offer a multipurpose BTC deposit wallet (limited in certain ways by user request only). We could deposit Bitcoin and spend it on-the-fly as fiat by debit card (like he makes this work with gold), swap it for physical gold (or permanently sell it for fiat), may be even use it as leverage in a brokerage account which could include a kind of Bitcoin ETF...
But he doesn't want to because he really doesn't like the idea (at least not now).



36. Post 9242057 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.24h):

Quote from: lyth0s on October 18, 2014, 05:47:08 AM
My single problem with people like Mike Maloney and Schiff is that they are backed/paid by gold/silver sellers and thus their paychecks DEPEND on being against bitcoin and 100% in favor of gold/silver.

Not necessarily. Schiff could theoretically do a full Bitcoin integration if he wanted.
He could offer a multipurpose BTC deposit wallet (limited in certain ways by user request, if any). We could deposit Bitcoin and spend it on-the-fly as fiat by debit card (like he makes this work with gold), swap it for physical gold (or sell it for fiat), may be even use it as leverage in a brokerage account...
But he doesn't want to because he really doesn't like the idea (at least not now).

He works for like europac gold right? He can only support bitcoin AFTER his company has decided to create such a system, otherwise bitcoin is a direct competitor for him until he makes such a move.

I am not sure but I remember him saying something like he is the sole shareholder in his own company, so its up to him if he wants to do anything with Bitcoin.
Also note the possible positive effects of a true bidirectional BTC<->gold exchange (with option to get the gold physically delivered + also yet another fiat/BTC exchange but with some background...).

I think he has virtually everything to make a notable impact on Bitcoin and cut some nice profit on the run. Everything except the will (and the software implementation with it's extra staff).



37. Post 9251359 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: BlindMayorBitcorn on October 19, 2014, 04:56:00 AM
I just had an epiphany. If bitcoin would just keep going up and stop going down we would have nothing to argue about. Is this a flaw in the code or something?

We could always argue about the date it will stop, why it haven't stopped already, etc.
Those next 24 hours would always be about bubble speeches and manipulation theories.
Oh wait... Cheesy



38. Post 9254977 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: jonoiv on October 19, 2014, 03:13:34 PM
[img]

not long to wait now, then upto $490 before consolidation to about $430, and then slow growth picking up pace over the next few months towards the next megabubble.


I will be happy if it consolidates around 390 instead of falling to 320.



39. Post 9255318 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: jonoiv on October 19, 2014, 03:49:50 PM


I will be happy if it consolidates around 390 instead of falling to 320.

320 won't happen again anytime soon, unless there is some major bad news.


I think it would suffice if the Huobi wall sat back for a while and someone started to panic about the recent exchange collapses (Mintpal, Bitcoin Trader -> this show is on again after Mt.Gox and it's followers ; or even start to dump the freshly stolen coins, in case there is any - left).



40. Post 9258865 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: sajisama on October 19, 2014, 09:30:16 PM
[img]
save the cheerleader, save the world, #bitcoin upcoming insane rally on 3day 8/41 cross and 3day MACD crossing green  Cool

Sorry to tell you this but drawning lines on a chart doesn't work. It predicts absolutely nothing. It's as acurate as throwing dice. Why people still dont't get that after 1000's of examples that failed is beyond me.

Mainly because "chartists gonna chart", i agree trendlines are not really "that" reliable, still its usefull, specially on this resistance trendline and 8/41 EMA, as you seen 3day MACD crossing green. If not how do you trade with? you just blindly gamble?

I like to keep around a small screen and watch the raw(ish) data in my idle time to get an idea about the attitude while doing something else on the big screen. But I do take a look at the indicators as well (mostly MACD and StochRSI).

There are two ways to make those lines cross: a real trend reversal or a huge spike with big weight into the old direction, followed by a nice enough hot-correction with big enough weight. I guess this time it's the latter. I think the price should have bounced back to >=450$ by now if the attitude really changed. I don't think there was any good reason for a trend reversal anyway (other than the good old reason that BTC should be >>1000$ by now, so <1000$ is really cheap...).



41. Post 9260095 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

I am beginning to think the Bitcoin market in its current shape would be much better off without these relatively high volume zero-fee Chinase exchanges and their washtrades.
They are either clinically insane or do nothing else but bare manipulations in a way which forces the average price into a monotone downward trend (let alone that it might would be in a similar shape on it's own anyway, so it really doesn't need this).



42. Post 9266243 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: wachtwoord on October 20, 2014, 04:16:43 PM
Bitcoin CEO Spotted  Shocked
...

In b4 he pulls some kind of scam, ends up in jail, and people think bitcoin is finished because the CEO of bitcoin is in jail.



Well gavin seems to believe he's the CEO as well so the more the merrier I guess

It's Karpeles's cat, sssh...



43. Post 9273145 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: jaberwock on October 21, 2014, 03:29:19 AM
Manipulator on Bitstamp is trying to suppress the price   Angry
[img]
[img]

why some green dildos more or less the same size of the red ones are missing the highlight?

Because those are more rare and add up for significantly less volume over time than the reds?



Quote from: BitChick on October 21, 2014, 03:57:20 AM
The 3day MACD indicator could be something to watch. 

Hopefully it is a sign of good things to come. . .


Yesterday I changed from short to long position because of that (various indicators, not just 3d macd) and then the heavy dumping started. I lost a little more than what I gained during the last two weeks by making some very conservative trades (I held onto the position during the first mini-flashrash but I got out after the second dump, I didn't felt like waiting for the third, even though it didn't prove to be that big of a hit yet). Tongue



44. Post 9285362 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: adamstgBit on October 22, 2014, 01:33:11 AM
Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.
pretty sure we are setting up to break 390 again, maybe for good this time. things look good, feels like only a matter of time till we see some violent movement and in the right direction  Grin

i plan to sell at 460-480,  and cover that short at 420ish

[img]

The market has been way too boring in the last few days indeed. The volume is drying up and every charts including the magic indicators are getting really close to flat / neutral.
So, I agree it must break out into one direction or the other soon. However, I am far from certain of that direction. It should go up for several reasons but that means it probably won't. Tongue



45. Post 9286461 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: Raystonn on October 22, 2014, 03:20:42 AM
I am going to start using the term "bits" from now on when quoting prices.  I agree with Gavin.

Price is currently about $0.000387 per bit.  Let's go for bit-dollar parity!  Wink


To be honest, I think this whole 21M thing and even more so the utilization of the decimal fractions make absolutely no fĪked sense for something like Bitcoin. This is just retarded in my opinion. A stupid mind trick fling and/or superstition service which sacrifices logic and ease of use. Not an optimal, not logical, not convenient, not nice.

If I were the one to set up a maximum number for the coin supply, my first candidate would have been the highest possible number granted by the size of the underlaying integer or floating point variable but I would have revised it to an y=10^x (where x is a convenient whole number, something close to 20).

Even if I make myself not caring about the 21 thing, but... decimal fractions?
DECIMAL FRACTIONS?

REALLY???
REALLY?HuhHuh Huh Huh

Makes no fĪcked sense. No no no... It's just wrong. Illogic and inconvenient = suboptimal ~ stupid.



46. Post 9286766 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: ShroomsKit on October 22, 2014, 05:13:48 AM
Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!


Buy orders are definitely solid. We should be going over 400 soon.

We could be sliding sideways for a while, too.


Or down.

Well, if it doesn't jump then it probably will slowly but constantly go down. Constant slow growth just isn't possible here.



47. Post 9288418 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: Flatulenters on October 22, 2014, 08:40:14 AM
Bid support on Stamp looks solid.

2000[btc]2000000000  2e9 bits to 380$
5000BTC 5000000000 5e9 bits to 370$

Huobi

14000BTC 14000000000 1.4e10 bits to 2300CNY
lol

Conclusion:

Breakout imminent!

 Cool

corrected that for you

Nope... but now I did. Grin Tongue


Where does chartbuddy gets his data from? The explanation link is dead.



48. Post 9299961 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Diarrheal dumping resumed? This could turn into an ugly bloodbath if allowed to continue for too long.
I do have a short position opened but it would still make me sad to see <300$ again.

Quote from: RoadTrain on October 23, 2014, 08:11:02 AM
Am I the only one noticing substantial hidden buy orders on Bitfinex being sold into? More than 1k bought that way as of now.

Yeah, Bitfinex is interesting. There is almost zero activity during the boring hours and then relatively huge volume spikes appear along with tall price candles. There is probably some legit activity generated by stop orders and some margin calls (which is perfectly normal to fall outside of the public orderbook and happen almost instantly) but it could be easily mixed with some high frequency bot activity (something must jumpstart and stimulate the legit internal frenzy).



49. Post 9300046 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: ShroomsKit on October 23, 2014, 08:22:26 AM
Bitcoin is over. Time to face the truth.

I will agree as soon as price hits 275$ again.



50. Post 9300088 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: DaRude on October 23, 2014, 08:31:14 AM
There are actually a lot of bitcoins trading hands. Good volume so there is resistance/buyers at this lever. But where are the damn dumped coins are coming from  Undecided and how many are there left

Well, Mt.Gox managed to make some 500k BTC disappear without a trace and some others also ran on that race, scoring 10k-50k here and there... Roll Eyes

Quote from: Phillis on October 23, 2014, 08:32:56 AM
bitcoin will not go that low. At the most it will drop to $360 and then spike back up.

You forgot to go all-in with a short during the freefall from 380$, I see. Cheesy



51. Post 9300407 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: JayJuanGee on October 23, 2014, 08:35:23 AM
Bitcoin is over. Time to face the truth.

I will agree as soon as price hits 275$ again.

Even if Bitcoin prices hit $275 again, it is NOT over...   but it may cause a lot of loss of confidence... especially if it were to go into the $100s or even double digits....

Those kinds of numbers would really cause me to be suspicious about if there is some fractional reserve banking going on.

I assume a lot of people thought it can't fall below 300$.
When it did, some players stormed in to save the day. They even gave us the false hope of a trend reversal to keep it from repeating too soon.
But I guess they keep limited amount of fiat on the exchanges and have their threshold what they are ready to absorb.
And I guess many people are keeping a much closer eye on the charts and they are still significantly more nervous about the downward price movements after that manbearwall incident.

So, practically everything is set up for an exponentially accelerating freefall.

Meanwhile, the long term trend is still negative (just take a look at the daily chart).


To sum it up, it's practically just a matter of time to reach 0.01$ unless something dramatically changes. And it can happen much faster than we would assume it's possible.


Of course, anything can happen anytime, the trend can revers and we can see a new ATH by the end of this month. But it's not granted. Nothing is.



52. Post 9300529 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: madmat on October 23, 2014, 09:32:32 AM
I have a few indicators that are making new records today. Woodies CCI below -400 on the hourly chart... I chose to take it as a strong buy signal  Smiley

Those hidden buy orders on Bitfinex could be shorts closing their positions + buying back.

How do you see hidden buy orders ?

You can see it by comparing the individual trades (below the order book) and what orders are actually visible on the order book (I am looking at Bitcoinwisdom). Because of these hidden orders bid support might actually be strong even though it appears weak. Right now 3k coins were sold, but price "only" dropped $4-$5... This also indicates that there was pretty strong support between $368 and $364. Everyone can create hidden orders on Bitfinex, but I think they cost more. They give whales unfair advantage in my opinion.

Thanks a lot for these explanations. I don't use bitfinex, but on kraken, hidden orders don't cost more. Simply create an order of the type stop loss or make profit and the order will be triggered when price hits the target price.

https://www.kraken.com/help/trading-guide#take-profit-orders

I like Kraken a lot. I guess these order types can be used in the same way as hidden bit orders because you can use them for both sell and buy orders?

Exactly. You could even make an order with a stop loss and make profit targets. Kraken is very good for trading, this is sad they raised fees from 0.20% to 0.35%.

They do have a nice system but it's incomplete. There is no leverage tragind because there is no volume and ... well, I guess ... there is no volume because there is no leverage trading. Grin

Sometime during this summer I did some neutral trades solely for reaching lower fees. I hit something like 0.1% (the price barely moved then, so the risk of losing on the trades was low and there was no way to reach high profits anyway). Later I found out that it's only temporary and now my account has an even higher fee than early on. LOL



53. Post 9300623 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: JayJuanGee on October 23, 2014, 09:48:21 AM

And, Yes, I was one of those that by the time prices reached the mid-to-upper $600s in June,  I thought that prices were never returning to the $300s, and once prices got into the lower $400s, I thought NO way they were going to go below about $360, and as we know the price went lower than both of those points.  

I sold my friend's and my sister's coins (all of it) during those 650-ish days, cashed out their fiat and gave them an advise to buy gold instead (which they fully ignored).

I kept my coins because I figured I can mitigate the possible losses by some conservative margin trading (ride the big waves only but do ride those) and I can easily take the remaining risk because the potential is very high. But it's have the potential to get too hectic.



54. Post 9300724 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: NotLambchop on October 23, 2014, 09:59:34 AM
...
I kept my coins because I figured I can mitigate the possible losses by some conservative margin trading (ride the big waves only but do ride those) and I can easily take the remaining risk because the potential is very high. But it's have the potential to get too hectic.



Fun activities, everyone!

I tried my best but I give up.




55. Post 9300958 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: NotLambchop on October 23, 2014, 10:17:51 AM
Great Job janos!
The best thing about the interweb is there's alway plenty more where that came from.

Nah. Thanks, but I think I am sleepy enough after the last one.

But... should I close that short before going to sleep or keep it opened for some more ... weeks? Roll Eyes

China seems to divine that answer out of it's fake nature soon.
Sometimes I wonder if China even exist since so much fake stuff is coming from there. Grin



56. Post 9302157 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.25h):

Quote from: Erdogan on October 23, 2014, 12:44:02 PM
Steady downwards, which is bullish! Explosion soon!


Yeah, the "recovery" (to the mean, not to the pre-dump) will always be welcomed as "bullish as fĪck, buy, buy, buy" (after everybody on the radio went all-in already, twice).



57. Post 9310162 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: DaRude on October 24, 2014, 02:31:27 AM
Shorts are down to 9k and we're still going down...not good

Bitstamp got really close to my short covering target while I slept (341.11) but Bitfinex didn't follow and now I am thinking about revising that number.
This seems to be one of those genuine dumps which usually result in a ~30% relative price drop (pre/post mean, not peak).
Last time the butcher was forced to leave but now it's back with full strength and wishes to penetrate the 300$ line again to deliver a big massacre.
According to the daily chart's indicators (MACD are crossing, StochRSI keeps going down while it's still far enough from zero), resistance seems to be futile.

However, my mind is still not ready to accept if Bitcoin can spend several days below 300$. I think it must break out from there fast (like it did last time) or fall even lower as the true "this game is officially over" panic sets in.



58. Post 9322991 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: ShroomsKit on October 25, 2014, 07:53:01 AM
I might take out a big credit loan and buy bitcoin,

 Huh

All the smart people are getting out. Bitcoin is dead.
Can you people seriously not see it?
This is the 6th year and it's going nowhere. It already had its peak and it failed.

I think it's a little too early to declare that.
I guess a lot of "smart" people felt they arrived too late and decided to play it safe, so they did not to enter the bubble on it's perceived peak but waited until it started to bursts. They are possibly absorbing the dumped coins now and might will jumpstart another bubble later. In that case, the new bubble must be significantly greater than the last.
But I don't say it's not safer to jump out now and keep an eye on Bitcoin from the outside.



59. Post 9324941 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

The daily chart doesn't seem to suggest anything good for the near future. Cry



60. Post 9326680 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Plazma on October 25, 2014, 04:05:06 PM
Chooo Chooo, moon here we come.

>Bulls still don't know trains can't go to the moon.
Least intelligent mammals.


If I recall, mostly everybody was supposed to die on that train and a lot of them did (including the one who wasn't supposed to).



61. Post 9327241 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 25, 2014, 05:01:04 PM
Short squeeze soon at Bitfinex as the price is nearing the ask wall of that ~2k BTC short. Actually, I'm not sure it's even there anymore. Cancelled?
Shorts increased another 2k or so: 13,458.12 BTC

Great strategy, guys! Short on the way up! Cheesy Cheesy Cheesy

What else are you supposed to do? Buy at the top and sell at the bottom? That's a nice strategy for sure. You can't really get anything wrong, you just do what everybody else seems to be doing at the time. Tongue



62. Post 9327319 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Plazma on October 25, 2014, 04:15:33 PM
Chooo Chooo, moon here we come.

>Bulls still don't know trains can't go to the moon.
Least intelligent mammals.


If I recall, mostly everybody was supposed to die on that train and a lot of them did (including the one who wasn't supposed to).

3 people died at start. Once The Doctor realized what was going on only one person died (the professor). You might be thinking about the holograms that disappeared the moment he realized what was going on or the fact that he teleported every1 out at the end before the explosion ( yes the train exploded get out now )

4 out of something like 15 supposedly innocent mortals in total (obviously excluding the hologramms and Doctor+Calra)? Oh, sorry. My bad. That's practically nothing. Tongue
I believe it's above the average death ratio in Doctor Who if you count innocents only and you exclude the temporal disappearances and reversible genocides. Cheesy



63. Post 9327437 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 25, 2014, 05:18:01 PM
You start to short at the top of a bounce, definitely not while it's going down.
No, you always wait for confirmation except in the circumstances I listed, especially when you enter a margin trade that's not only price but time sensitive. If you don't, and categorically short every bounce, good luck in the long run. Cheesy

Aren't these crossing MACD graphs good enough confirmations to open a short posotion when coupled with the overal attitude of the forum trolls?



Yeah, I know, I know. Just say no to robot porn!



64. Post 9333152 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 26, 2014, 08:24:36 AM
Wow, shorts have gone insane shorting on the way up:

Total sum of active swaps
16,281.89 BTC

Good strategy! Keep shorting into the uptrend! Cheesy Cheesy Cheesy

Do you say the long term trend just turned around again? How many times did it turn around this month? I lost the count.



65. Post 9333175 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: Blitz­ on October 26, 2014, 08:27:24 AM
Wow, shorts have gone insane shorting on the way up:

Total sum of active swaps
16,281.89 BTC

Good strategy! Keep shorting into the uptrend! Cheesy Cheesy Cheesy

Do you say the long term trend just turned around again? How many times did it turn around this month? I lost the count.
Did you know that there can be trends on multiple timeframes?

But still. If the yearly trend is sharply negative then you have better chances by opening short positions during daily mini-pumps than opening long positions, well, like ever but definitely when those mini-pumps are already in effect.



66. Post 9333849 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.26h):

Quote from: dakota neat on October 26, 2014, 09:45:34 AM
Everyone and their mom is shorting bitcoin. Guess what will happen.

They will save Bitcoin's price from flash-crashing below 200$ during the next big dumping rape which seems to be probable according to historical data?



67. Post 9342858 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Stereotypes are false, Chinese are better in destroying walls than building them. Tongue
This seems to be a rule these days: buy wall = good dumping opportunity -> dump, panic, price fall Undecided



68. Post 9347756 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: mmitech on October 27, 2014, 04:24:53 PM
I dont understand, I can see longs with the buys appearing but I don't see any huge sells with the kind of these shorts (+20K BTC), I just don't get it.

On Bitfinex, you can either shortsell and let the system to automatically take care about choosing the swap offer(s) with the lowest interest rate(s) available at the time (and optionally below a manually set interest rate limit) in the background or you can borrow BTC manually for later use (or return if you change your mind and decide not to sell the borrowed coins), effectively securing certain amount of coins for short selling on demand (you won't unexpectedly run out of coins to sell in the middle of the action).

A huge amount of unspent swap at high interest rate is dubious.
I guess either somebody tries to trick the legit short sellers to close their positions (due to the increased interest rates and the confusion about the overall long/short landscape), effectively causing or supporting a mini-pump, or somebody is getting ready to push the price down and/or mitigate a suspected mini-pump attempt.
Or it's all just piggy-backing. Somebody started to short and everybody followed until it went too far. May be somebody tried to encourage piggy-backing by borrowing but not spending the swap, just to force-close the resulting shorts later (jump back to no.1).

I am not sure but I am starting to get a little uncomfortable about my opened short position. But I am not panicking, yet. Grin



69. Post 9348717 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: NotLambchop on October 27, 2014, 05:49:32 PM



  ~Your Beneficent Reptilian Overlords.


I keep wondering why you keep reusing this same joke over and over again.
A human impersonates a supposedly secret superior overlord who is openly trolling it's inferior slaves who shouldn't be aware of it's existence and intentions...? You know that a secret overlord would have better things to do and wouldn't reveal itself to start with.
So, why would you reveal that you are a power hungry human who feels himself worthless (thus the relativization of inferiority to an imaginary superior overlord - who is later impersonated by him to crawl out out his own pit of inferiority...)?
(Ah, sorry. I can't properly express myself in English.)



BTW on topic, I agree, the next few hours have a potential to be interesting.



70. Post 9350764 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: Davyd05 on October 27, 2014, 10:02:12 PM
I see shorts hit 20k last, then cause there was no dump or pump came back to near 18k.. lol I just wish a bullwhale would show me a margin call on shorts. Haven't we seen the effects of 3 or so long squeeze on btc-e and finex already..

Long squeeze := cheap coins := shaking weak hands := HONEST DUMP = profit taking / loss stopping Tongue
Also, most shorts probably have stop orders attached (mine is around 371).



71. Post 9355504 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: magicmexican on October 28, 2014, 08:31:58 AM
1d macd fail dump?

Last time it happened there was a small rally to 650 -

[img

It is only seems to be failing. I think the depth charts still reflect some fear of dump. And the day (on the chart) is not over yet.



72. Post 9357935 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: ShroomsKit on October 28, 2014, 03:13:59 PM
And how is our old, outdated, worthless pump and dump coin doing today? Did i miss anything?

Is it about to go up, Inca?

It seems to be failing to do so for the second time in the last few days, so I doubt that. I am not sure if it will fall or just drift away slowly. But if it falls... Oh my... that will be huge this time.



73. Post 9359404 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: adamstgBit on October 28, 2014, 04:22:37 PM
the gr8est buying opportunity of our time is just around the corner!!

You mean it might crash below 275$ soon? Shocked

Quote from: derpinheimer on October 28, 2014, 05:27:39 PM
Anyone have a thought as to why longs/shorts on BFX seem to be tied together?

Guess-1: Somebody might want to buy what shorter dump.
Guess-2: May be it's easier to spot and thus most of the people share the basic idea that "it must go somewhere soon" but they don't agree about the direction because that's harder to predict



74. Post 9360079 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: noobtrader on October 28, 2014, 06:15:09 PM
the gr8est buying opportunity of our time is just around the corner!!

You mean it might crash below 275$ soon? Shocked

Anyone have a thought as to why longs/shorts on BFX seem to be tied together?

Guess-1: Somebody might want to buy what shorter dump.
Guess-2: May be it's easier to spot and thus most of the people share the basic idea that "it must go somewhere soon" but they don't agree about the direction because that's harder to predict

So you think its like one person places their short wall, and someone else goes "YUM" and wala, shorts/longs go up? Thats kinda what I was thinking. It just seemed hard to believe. But the charts dont really disagree with that theory. Lots of volume spikes with no movement occur on BFX.

guess-3 its a conspiracy... you cant even sell to bid wall or buy at ask wall there, you can only sell at lower  or buy higher

What are you talking about?
I have been using Bitfinex since a few weeks. I opened and closed both long and short positions with in the Trading room and I also used the Exchange room to convert my asset base between $ and BTC. The only thing I haven't even try is lending out my $ or BTC for somebody else.
And my first hand experience tells me your statement is completely wrong.
Once you get used to their interface, their platform becomes very intuitive. You can do almost anything you can normally wish to.


Quote from: NotLambchop on October 28, 2014, 06:32:53 PM
[clumsy attempt at humor]

You are bred and kept for your flavor, not your wit.  



  ~Your Beneficent Reptilian Overlords.

Did the weather suddenly got colder where you live? (It did here.)
You became considerably smaller. I know lizards don't like the cold. But hey, they say the size is not that important (though I never believed they are honest about that). Cheesy



75. Post 9360280 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: NotLambchop on October 28, 2014, 06:52:49 PM
...
Did it just suddenly got a colder where you live? (It did here.)
You became considerably smaller.
I know lizards don't like the cold. Cheesy

>can't tell 2D images from 9D reality

Pathetic earthling.



  ~Your Beneficent Reptilian Overlords.

Sorry. In my country, the world which is the literal translation of "lizard" is sometimes used in place of "penis" when you don't want to use "culturally inappropriate" words for the same thing.
I figured it probably a unique thing but I did my best to make you understand the "joke" regardless (I edited the original post to assist you better).



76. Post 9368764 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.27h):

Quote from: grappa_barricata on October 29, 2014, 01:18:13 PM
why, oh why did i close my short yesterday?

Because the interest rate started to get ridiculously high for a boring market.
I kept mine open though. But I will move the stop price lower soon (once 340$ will start to feel as a "never to be seen again anytime soon" point).



77. Post 9383312 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: NotLambchop on October 30, 2014, 03:07:31 PM
Doge had some interesting speculative bubbles.  Doge market cap is substantially larger than Bitcoin's was 5 years ago (@ the same age).  

What are we to take away from this?

I am not sure but when I jumped in I considered BTC as the de facto base currency (something like gold) for altcoin speculation but something changed on the road.
After I stopped trading altcoins (the possibility for me to make some nice gains got significantly lower) I sat back a little and just waited for BTC to rise. I figured I made enough BTC, so let's not play it away. I waited for the big bang with BTC in my pocket. But my profits started to fade away due to the falling USD/BTC prices.
But a few weeks ago, I slowly transitioned into a state where I see the USD/BTC market the same way as I used to see BTC/shitcoin markets. Sometimes it's hard to let things go, but you must.
For example, I really liked the Darkcoin community but I didn't make a mistake when I sold it all. So, may be one day (not too far in the future), I will have to let all my Bitcoins go.
However, the margin trade options on Bitfinex should keep me going for some time. And this is a distinct difference. I couldn't short DRK even though it's also listed on Bitfinex. I probably would have kept ~1k DRK if I could short it (and thus extract the same amount of USD/or/BTC without selling the "asset").



78. Post 9383937 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

New post-manbearwallpig YUAN low. Shocked I am moving the stop price lower.



79. Post 9386866 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: fonzie on October 30, 2014, 07:54:03 PM
Good bids @Bitfinex = ppl want to close shorts ASAP ?  Grin


 Total sum of active swaps   11,784.20 BTC


ehh, thatīs not so good, it means that all buys(or a lot of them) in fact were actually shorts that have been closed...
We had about 18000+ before

So, some impatient traders closed their shorts on Bitfinex via rapid market buys rather than slow fishing?

I am really mad at them because they triggered my stop order just a few minutes before I could move the stop price lower as I planned. And now I need to figure out my next move instead of simply waiting for a dump party or to get "stopped" by a real rally. I think it could have been better for all of us if this didn't happen the way it did.



80. Post 9390752 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: ShroomsKit on October 30, 2014, 10:00:26 PM
Good bids @Bitfinex = ppl want to close shorts ASAP ?  Grin


 Total sum of active swaps   11,784.20 BTC


ehh, thatīs not so good, it means that all buys(or a lot of them) in fact were actually shorts that have been closed...
We had about 18000+ before

So, some impatient traders closed their shorts on Bitfinex via rapid market buys rather than slow fishing?

I am really mad at them because they triggered my stop order just a few minutes before I could move the stop price lower as I planned. And now I need to figure out my next move instead of simply waiting for a dump party or to get "stopped" by a real rally. I think it could have been better for all of us if this didn't happen the way it did.


Aaaw you poor trader losing money. I feel so bad for you guys. It just isn't fair is it?

My loss was imaginary. My short was opened earlier. I just planned to close it even lower... So no...
I think it was bad because this kind of price pump won't have a lasting effect. So, people get over-exited about a trend reversal again but get a dump in their face.
1: The one whole closed the big shorts could have earned more
2: I could have earned more
3: overall for BTC: this was a fake pump but that short won't be there as a buffer during the next real dump
But I say that because I don't think it was an intentional price manipulation. However, it can be the case.



81. Post 9391852 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

I think China finally figured out what really have happened on Bitfinex and now everybody started to correct the effects of mistakes.



82. Post 9397702 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: S3052 on October 31, 2014, 08:32:43 PM
339 . Damn its going down again

;-)

You should update your forum "avatar" to better reflect the actual market trend. Wink



83. Post 9403441 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Do you agree that this seems to be turning into something pretty ugly? Embarrassed



84. Post 9403563 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: BlindMayorBitcorn on November 01, 2014, 01:40:32 PM
Time to turn the book-talking up to maximum short selling fleas!

Enjoy using my coins by the way, just remember to give back the interest..

Ya that's the spirit. Short it until double-digits. Masterpiece that

You are aware that you must buy back every coins with an additional interest you sell short, right?
The real problem isn't margin trading but those who sell for good. Margin trading only helps to speed things up.



85. Post 9403729 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: inca on November 01, 2014, 01:55:14 PM
Time to turn the book-talking up to maximum short selling fleas!

Enjoy using my coins by the way, just remember to give back the interest..

Ya that's the spirit. Short it until double-digits. Masterpiece that

You are aware that you must buy back every coins with an additional interest you sell short, right?
The real problem isn't margin trading but those who sell for good. Margin trading only helps to speed things up.

I haven't shorted, I have lent my btc in swaps on finex to hedge the decline.

edit: no magical ponies in sight, actually it is you lot paying the daily interest..thanks

I replied to the post I quoted, not the post which have been quoted in that one.



86. Post 9404647 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Incoming dump? Shocked



87. Post 9404699 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: grappa_barricata on November 01, 2014, 03:51:41 PM
Incoming dump? Shocked

Dump is the past, present and future.

It just feels a little bit too soon for another 5-10$ drop, so I wonder if I am looking at a trap right here or it's real and Bitcoin's price decline entered the exponential phase.



88. Post 9408046 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: BlindMayorBitcorn on November 01, 2014, 11:07:33 PM
Ignoring people because they have different opinions than yours is the reason you holders are losing money every day, while people like me who are able to consider other peoples points of view cut their losses long ago.

I'll be listening for the butthurt to ratchet up a notch once we get sub 300. Shouldn't be long now. This train is off the rails.

It's impossible to lose money if you don't sell.

That argument is usually used by gamblers. Even if you don't sell, what matters is how much that bitcoins are worth now compared when you bought. So if you bought higher you are losing money. The past is over and you don't know what will happen in the future, the only thing that counts is the present.

Yes. It's called unrealized loss.

And let's not forget that 1 BTC will always worth 1 BTC Grin



89. Post 9415216 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: BitAddict on November 02, 2014, 06:20:28 PM
"For anyone complaining about the current price of bitcoin, remember it has more than doubled over the last 12 months."

~Bitcoin Jesus
Oct 5th.

6 days and it will be outdated if we keep at $325. Now they will need to start comparing with 2 years ago.

Haha, good one. Grin



90. Post 9422177 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: stan.distortion on November 03, 2014, 11:07:06 AM
-Some geeks had a great idea and made it happen.

1: Some geeks had a strange idea and started something
2: Some people close to the extreme edges of the moral, intellectual, intelligence, wealth, etc spectrums (excluding the middle regions, especially the real mass around the middle point) rushed in to take charge and bend it to their will or leech on it, and try to trick/scam and profit from each other during the process in which they constantly try to push the game down to the masses
3/A: The masses get sucked in and everyone on both edges profits ?
3/B: The war of the edges dry up before it ever scratches the masses ?
Let's find out in the next episode of Crypto Lanscape! (ETA 2-5 years)
The current trolling on public forums and show-off trading on public exchanges, as well as the reports of the VC money flow into related companies are pieces of the reality show which takes place between phase 2 and 3.
I don't like reality shows but I have a forum addiction. Tongue



91. Post 9422583 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: Fatman3001 on November 03, 2014, 12:17:23 PM

with so many good news... i dare you dumper... i dare you bahahahahaha


Quote
Elliot Insurance Brokers announced that it will now allow clients to pay for their insurance and other financial products through Bitcoin.

Good news is poison to Bitcoin.

Well, a good news is a good opportunity to sell, right? Cheesy
It would also be good signal to buy but those who read these news have bought or even sold already. Roll Eyes



92. Post 9423523 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.28h):

Quote from: podyx on November 03, 2014, 01:31:09 PM

This orderbook seems so cheesely prefabricated... dumpage incoming!

Looks like a tsunami to me, that usually mean we would go up

These new kind of walls they have been building lately seem to be electromagnetic. They always pull in the front line, never push it away.



93. Post 9424921 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Blitz­ on November 03, 2014, 03:39:54 PM
IMO the most probable thing is just a larger sideways, even if it fluctuates a lot from our microscopic view. It is hard to outdo this 5th October event. At the same time, we obviously have lots of overhead resistance, and it would take a long time to get through.

I'd discard all volume charts of 0% exchanges. As for why things look slightly differently on Bitfinex, that's obvious: 30k guy sold on Bitstamp, not Bitfinex. Bitstamp is where all eyes have been on those days, and thus IMO it's the one to look at (well, aside from the argument that Bitstamp is the only one free of potentially distorting leveraged volume).

Well, I do have to admit that I don't believe that someone who sells 30k on a single exchange at a single time at the termination of at least a local trend is very clever. In fact, the nature of this person appears to be so impulsive

He may have needed the money for something, urgently.

Or he may have become convinced that price would never get substantially higher than 300$, and could quickly get much lower. In that case, selling as quickly as possible was not a bad strategy.  Moving part of the coins to another exchange would have taken time, and he may have felt that it was not worth running that risk.
Someone good at business does not get in a situation where he has to liquidate a large holding of an illiquid asset within <24h (sending the money FROM the exchange will take longer in itself anyway). In the second case, obviously his fears turned out unfounded. My point is just that yes, it's quite probable that this guy was clueless. The only real reason to sell in such a manner is if one had inside knowledge of an irreversible technical failure of Bitcoin, and if that was the case, good luck competing with all the devs.

I prefer the Bitfinex data overall:
- China should be considered 100% fake
- Bitstamp have been tainted by that very unrepresentative 30k sell-wall event (I would say it's 50-50 if that's a good or a bad thing to include and I place my bid on that it's not)
- Bitfinex represents something like a "real market" as close as any Bitcoin exchange might get nowadays (I consider the active leverage trading as a positive thing in this regard)
So, I support the idea that nobody really know what might happen next. I guess this where somebody should call the "critical" time, yet nobody does that anymore (strange).



94. Post 9425440 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: ShroomsKit on November 03, 2014, 05:11:51 PM
And still we go down again. This market is crazy.

I don't think so. Not for long. I am starting to feel a little uneasy about my active short. May be we are close to an actual trend reversal (with our without another quick <300$ visit).

Quote from: Thomas-s on November 03, 2014, 05:14:22 PM

Stop spamming or I'll report you.

K, let's find out if he has the power to ban himself. I dare you both, do it! Grin



95. Post 9426687 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Omikifuse on November 03, 2014, 05:34:18 PM
I understand that this is a wall observer thread but does anyone have anything else than (fake) ask/bid depth and useless TA to help predict price movement?

(Please donīt say monkey)

See the Litecoin movement, to see what is gonna happens to BTC movement.

Also be glued in the charts helps, but most people have something better to do most of the day.

This might help you practice staring at charts: https://www.youtube.com/watch?v=TpU5O_Uur_c
You might also place this on one half of the screen while watching the chart on the other. I am not sure if this will help you make the right decision but it will certainly do something, or don't, I don't know. Tongue
(BTW, their "Honest Trailer" clips are actually funny.)



96. Post 9426745 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: BitAddict on November 03, 2014, 07:27:11 PM
If you are a bitcoin fanatic, but you spend your bitcoins through merchants that instantly sell them for fiat [and you don't instant rebuy them because you are allin] helping to dump a bit more the price downwards to break the $266 support.

Is that bearish or bullish?

But if it keeps going on (merchants continue accepting BTC and some people pick up the habit of paying with BTC while they are effectively just dumping their old coins via merchants) there will be an inflexion point where one must buy fresh BTC in order to be able to spend it (the old stash will run out otherwise; or actually run out but that at least means a stop of merchant dumping).



97. Post 9426821 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Poll suggestion: <=315$ in 24<t<48 hours?



98. Post 9427060 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Newbie1022 on November 03, 2014, 07:43:27 PM
Poll suggestion: <=315$ in 24<t<48 hours?

Absent ETF, and maybe even if, this s--- is falling off the table in the next 48 hours. 266 or below would be a good a survey question.

Note: this assumes some sort of flash crash or at least culling of some long positions along the way... otherwise, that type of drop in a short period of time would be absurd.

Well, I didn't want to go as far as predicting what might happens next if the invisible wall around ~315$ gets breached. I don't try to predict the events of a future chaos. I am happy if I can tell chaos is coming or gets dodged.



99. Post 9438613 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: elasticband on November 04, 2014, 08:11:42 PM
Quote
The price of any commodity tends to gravitate toward the production cost.  Satoshi N.

So, we should sum the money spent on mining hardware (it's a little tricky for the early general purpose hardware which probably got re-purposed by now but was allocated for some time and got partially degraded ; and it seems almost impossible to get accurate data from ASIC manufacturers) and integrate the average watt/hash (which is a little difficult but could be guessed with a reasonable tolerance) with the hash/time graph (this one is really easy to get) and extrapolate a little bit into the future (until the money spent becomes a coin sold - but it's probably not more than a few days, so given the big uncertainty of other data this step can be safely skipped).
I don't even wish to guess anything closer than "between 10 and 400$". Cheesy



100. Post 9443867 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: octaft on November 05, 2014, 09:45:12 AM

I love that we have the internet just so that these idiots ignorance can eventually get exposed

Didn't sound that unreasonable to me.

It doesn't make much sense though.

"the blockchain technology is this brilliant technology but the currency isn't any good" is his argument.

Without the currency no one would be supporting the blockchain technology

No one would be spending $ on mining if there wasn't a reward.

He comes off like a dbag for the first minute or so, no doubt. No need for him to lead with "omg fukkin cultists" (or even use the term at all) because it shuts out anybody who doesn't already agree with him.

Based on that, I understand if most of you didn't get this far, but I'd like to hear your thoughts on his calling out the Winkles on pumping it up so they can dump at a higher price? You might believe in the technology, but do you think it is a cash grab for them, or do you think they're really on board with this?

In my personal opinion they (Winklevoss brothers) are ever-lucky fools (considering who they are but where they are today).
However, I barely know anything about them other than they are being related to Facebook, Bitcoin and Olympics (which I find to be a strange combination because you can't fine-tune both your body and your mind for two distinctly different things at the same time; testosterone can suppress higher mental functions for some limited degree and business requires a different mindset than sports).
I saw the Hollywood movie about Facebook (which I assume to be very far from reality) and I saw them talking about Bitcoin a few times here and there (mostly in those kind of talk shows which probably don't allow anybody to talk freely and honestly) where they gave me the impression that they are admittedly planning to dump most if their BTC for as much USD as possible rather than planning to build a future around it so they can keep it.
They probably see the current price as an overinflated bubble (still) and they wouldn't buy a single satoshi if they discovered BTC today. This implies they are probably ready to dump for a lot less (~100$ or less) if they come to the conclusion that they should do so.



101. Post 9444786 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Tzupy on November 05, 2014, 10:54:57 AM

2014-06-05: 660 USD/BTC
2014-11-05: 330 USD/BTC
2015-04-05:


2012-11-05:   10 USD/BTC
2013-11-05: 244 USD/BTC
2014-11-05: 330 USD/BTC
2015-11-05:      

 Grin Cheesy Grin

Should we fit a parabola through those three points, and see what it predicts?  Grin

I'd like to see a parabola fit through these 3 points, my brain says it can't be done with a parabola.
More likely to fit a Gaussian distribution. Wink

I had this software opened, so I couldn't resist. Tongue



P.S: The green is actually the real thing. And it's scary as fĪck! (If you want higher prices, that is...)



102. Post 9449784 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: NotLambchop on November 05, 2014, 07:12:11 PM
Very volume.



I am optimistic.



It will reach ~348 before it falls back to ~330. Cheesy



Quote from: NotLambchop on November 05, 2014, 08:46:50 PM
All fiat already exists in math.  As is the case with Bitcoin, not all of it has been released yet.

All you need is to invent a math which allows the division by zero and you rule the world.



103. Post 9457637 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: Unpredictable on November 06, 2014, 02:18:58 PM
I like this slow creeping up to 350$ much more than huge jump and then crash Smiley . I think this price climb is worth more Smiley.

Double bottom first.

That happened already in the sense of certain moving averages based on certain points in that time frame. It didn't happen in the sense of raw numbers but there was a 30k sell wall last time which isn't very representative. So, unless somebody plans to emerge another similar wall and/or sell a similar amount during a short time frame in any public form, I wouldn't expect the raw numbers to shoot that far from the moving average. Thus, I guess it won't go down below 300$ any time soon. However, I am far from being sure enough to do a leveraged margin buy @340$. I am just saying that your second bottom is technically behind us, thus I wouldn't wait for it too long if it seems to be taking off.

Edit: LOL, I should have executed that buy instead of typing. It went up 6$ by the time I posted. Grin



104. Post 9459625 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: NotLambchop on November 06, 2014, 06:26:15 PM
go NSA




Good.  Good...

Haven't you heard? The Great Insect War is long over and His Shadow is also dead. The Bru-nnen G took care of them all. You were wise to choose the reptilian race. What made you reanimate these old fallen gods? Lizards eat insects. You are going backwards.


Otherwise, these Darknet markets should really improve their security measures. I might even want to use some of their services one day but I would be a fool to do so until they prove to be much more reliable than a random stranger on the corner who wears a badge in his pocket. Cheesy



105. Post 9462093 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: DaRude on November 06, 2014, 10:29:15 PM
I wonder how many time people had to rebuy their own coins. Buy BTC keep them on SR...have in confiscated by FBI purchase that coin again at FBI sale, store that coin at Gox...buy that same coin from "hacker", transfer it to SR2...wait for FBI sale to buy your coin yet again.  

And what psychoactive substance(s) did you happen to consume which let you senses all the possible future pasts?
A little hint for our common reality: Gox went down before the FBI auction
Though I understand why you would prefer the reality in which Gox died much earlier.



106. Post 9468931 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.29h):

Quote from: spooderman on November 07, 2014, 02:42:16 PM
Silk road didn't sell alcohol.

Really? How come? Traditional dark markets sell alcoholic drinks since some governments put tremendous amount of special taxes on them and/or strictly forbid selling home made liquors (and/or even forbid/limit that process in any form).



107. Post 9479154 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: NotLambchop on November 08, 2014, 02:45:42 PM
No more annoying "yeah, but we're still up from last year" posts.
img

yeah, but we still didn't crash below last year -> So, you couldn't possibly loose anything, right?
yeah, but we're still up from two years ago -> So, you could actually make a nice profit anyway.
yeah, but... but... we are still going up next year! -> So, you can still profit if you haven't already.
but...



108. Post 9480748 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: molecular on November 08, 2014, 06:02:34 PM
It will just get worse till all the buyers are gone.

I have not even started buying.


So you are not late to stop before ever started.



109. Post 9480796 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: molecular on November 08, 2014, 06:09:13 PM
Bitcoin is something new and can easily dissapear again unlike things like gold. That's why only a complete fucking idiot would compare Bitcoin to gold.

You do realize that you just compared Bitcoin to gold and then proceeded to call yourself a complete fucking idiot, right?


Blitz should append this to his quote.



110. Post 9480829 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: flynn on November 08, 2014, 06:16:07 PM
Doge Bubble

img

Didn't you mean DarkCoin pump?



111. Post 9482699 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 08, 2014, 09:26:08 PM
If you can do any of these things you already have an edge in the game. Those that have an edge win.
That theory is not supported by the evidence.

Study after study shows that everybody who thinks they have an edge eventually, inexorably, loses it.

The edge is an illusion.

I know several people who have been "professional online poker players" for years. They sit at home all day, playing online poker at multiple virtual tables simultaneously (most commonly 3 wide screen displays with 6 tables each, only a few being inactive at a time) and they produce a nice monthly average return (comparable to a nice "middle class" job).

I was always horrible in poker (nobody understood why, since I am sort of "smart" and almost a "sociopath") but I am ~1000% up in crypto trading (ah well, at least up to this point, since I joined in last December, and only in BTC, not in fiat terms, so it's more like ~300% Cheesy).

This reminds me, I didn't try to play poker again after I learned my newbie lessons during my first weeks spent on altcoin markets.



112. Post 9482853 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Tzupy on November 08, 2014, 10:28:48 PM
Another inflection point, and it's looking less bearish that I would like. This may go up to about 380$ during the next days.

I think the 4h MACD is useless now (at least in my interpretation, 0˙ tangent inflexions mean: "undecided"). But if you combine it with the 4h StochRSI indicator then you might discover the rumor of an upcoming mini rally. Cool



113. Post 9483827 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: justusranvier on November 09, 2014, 12:43:17 AM
I'd prefer if a competent member of this community would put a bit more effort before forming convictions, on the other hand.
You're making unwarranted assumptions about my background.

Still, you say trading = gabling even though you know this is not a game against the house (in which case the house could always win - let's forget about the optional 0.x% fee for now) but against a variety of other random players where random means they all have different skill set, mind set, raw intelligence, self control, emotional environment, etc, and ... DATA / INFORMATION (raw / derived):
- gambler traders have raw data: they look at the numbers and randomly decide to place an order
- mathematician traders grab even more raw data (they spend more time to look at more numbers) and derive(d) information (the output of different kind of mathematical analysis of that raw data)

The true gambler's information is the emotional reaction to the raw data. The true mathematician would hang itself before trading against the mathematical prediction regardless of the emotional predictions.
Though there is a wide overlap and most of the traders are somewhere between these two.

I think this is why mathematician traders can theoretically (again: THEORETICALLY) produce positive gain over a long period of time. They have more information. Gamblers keep randomly winning and loosing while mathematicians grab a little bit of their random swaps (just like the exchanges grab their fees).



114. Post 9484244 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Adrian-x on November 09, 2014, 02:01:33 AM
More likely, he got dumped.  Sad
Or he dumped us.  Smiley

Or he finished dumping his BTC.
The weekend dump and he both disappeared around the same time...?! Can't be a coincidence! It's critical manipulation! Grin

Quote from: Adrian-x on November 09, 2014, 02:10:51 AM
I'd prefer if a competent member of this community would put a bit more effort before forming convictions, on the other hand.
You're making unwarranted assumptions about my background.
I'd say gambling is a little extreme, not to defend TA, but those Stock Bitcoin traders, they provide a valuable service.
When I started here I saw no value in TA, but I've come to appreciate it's just another tool to be used in conjunction with others.

What I don't like about TA is that I can always set the parameters in reasonable ranges until I get to see exactly what my emotional side wishes me to see.
Right now, the only change I need to administer is switching between 4h and 24h chart intervals depending if I want to open a short or a long position, or choose a different indicator if I wish to sit out this round.



115. Post 9492494 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: criptix on November 10, 2014, 12:04:15 AM
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

Not to be a dick or anything, but... if the question stresses you out like that, the answer is almost certainly "do not enter a factor 20 leveraged trade" (edit: completely independent of the direction of the trade)

Buzzkill.  Tongue

i dunno i think it is pretty clear that bitcoin wants to break the 200 MA on the 6 hour chart.  why not just do say 0.25 btc and go for it

worst case eat some rice and beans for dinner  for a couple days... best case.... hookers and blow

you got me, going 10x leverage now.  Grin

Short? Already?

BTW, I hate that I my predictions are often spot-on when I do not act on them:

Quote from: janos666 on November 08, 2014, 10:34:40 PM
I think the 4h MACD is useless now (at least in my interpretation, 0˙ tangent inflexions mean: "undecided"). But if you combine it with the 4h StochRSI indicator then you might discover the rumor of an upcoming mini rally. Cool

I think the ~30% margin is a sane limit for Bitcoin (Bitfinex, BTC-E). I wouldn't go any further than that even if they allowed me 1%.



116. Post 9494469 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: jaberwock on November 10, 2014, 05:36:16 AM
guess OP is dead or arrested.

Was him the guy from SR2?

Not just SR2 but both SilkRoads and not arrested but busy building SR3. Tongue



117. Post 9496247 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: prophetx on November 10, 2014, 11:17:11 AM
it must be that 50% discount if paid in btc on that country singer's album that is driving all this

and all the other discounts out there

Yes, I just bought 6e6 copies ... on leverage! Best trading opportunity of my life. Tongue
Seriously though, you can pump Bitcoins price up by ~30% and you can still profit from reselling the discounted copies for fiat with ~10% discount (if you can find buyers). Cheesy



118. Post 9499786 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: dreamspark on November 10, 2014, 06:15:00 PM
Looking at the numbers, I think this s--- is going to drop like a brick any minute. Don't get me wrong, we might even eclipse $400... but this is probably a profit taking opportunity.

Why?

(1) Look at Darkcoin -- it went up at an incredible pace on the dark markets being seized, but now it is down 10% -- perhaps the dark market issue response is over or overblown at this point;

(2) Dollar swaps are actually starting to fall (very slightly);

(3) Shorts are through the roof (but are not yet reflected in the market depth because you can reserve BTCs for a short without putting them into direct action).

In a nutshell, good on you if you called this jump and made some money, but I'd suggest taking profits now and looking for the next pivot point.

NOTE: This review does not account for mythical creatures like unicorns nor does it account for news on the ETF front.

NOTE #2: I also wouldn't suggest opening a short at this point, either. There's still a good chance you could get burnt big time.

Dark got pumped due to the darknet market news, now it will go back down because it was a pump.

Shorts through the roof != a reason to go down, if anything its a reason to go up as they get squeezed. (I dont buy the not reflected in the price statement as most people dont reserve BTC before selling them they just carry out the trade and autolend, the interest rates dont change that much so whats the point of reserving)


I am not sure but I think you can reserve the amount (so the pool won't run out before you finish spending as much as you planned to) but not the interest rate. The interest will dynamically change along the road depending on the swap "market" (who lends how much for what cost at any given point in time).

I experienced a dynamic interest rate increase when Bitfinex swaps went above 20k BTC, however that was "auto borrow" not a manually reserved swap (I have never tried to use that function but I think those swaps come from the exact same p2p pool, so should behave exactly the same).



119. Post 9499936 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: colour on November 10, 2014, 06:46:49 PM

I am not sure but I think you can reserve the amount (so the pool won't run out before you finish spending as much as you planned to) but not the interest rate. The interest will dynamically change along the road depending on the swap "market" (who lends how much for what cost at any given point in time).

I experienced a dynamic interest rate increase when Bitfinex swaps went above 20k BTC, however that was "auto borrow" not a manually reserved swap (I have never tried to use that function but I think those swaps come from the exact same p2p pool, so should behave exactly the same).

No, some swap offers on Finex have fixed rates. It can be beneficial to reserve those if you intend to hold your position for a long time and/or if you expect a sudden increase in the demand for swaps.

Good to know, thanks.



120. Post 9505435 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: Blitz­ on November 11, 2014, 06:38:18 AM
img


I am bad with charting but I gave it a go:




121. Post 9512612 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: hdbuck on November 11, 2014, 06:53:12 PM

Quote
And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.…666
http://biblehub.com/revelation/13-16.htm

Grin Grin Grin

Worry none. I hereby give you my word I shall take good care of the Bitcoin economy from that day on.
Though it would be only wise to propagate your coins to my disposal while you are still potent. Shall I consult with the sathosi wallet and divine you an address for this mighty purpose?
PS: I don't deal with insects. Reptilians are fine though, from a respectable distance.



122. Post 9512918 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: macsga on November 11, 2014, 09:39:31 PM

Quote
And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.…666
http://biblehub.com/revelation/13-16.htm

Grin Grin Grin

Worry none. I hereby give you my word I shall take good care of the Bitcoin economy from that day on.
Though it would be only wise to propagate your coins to my disposal while you are still potent. Shall I consult with the sathosi wallet and divine you an address for this mighty purpose?
PS: I don't deal with insects. Reptilians are fine though, from a respectable distance.

Indeed there's a chance that the Anti Christ is coming (or is he/she is already here!?!). In any case I wouldn't be so worried by the possibility of implanting to us any fancy NFC chips more than what they [our beneficent reptilian overlords] managed to do to us already with the smartphones by our consent!






123. Post 9514311 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

@podyx - Why don't you try trading with a really small amount first (deposit 1/100 of what you plan to risk and play with that "safely" until you get to know the system)?

Though I agree that these Bitcoin trading platforms could use some real documentation instead of a "friendly" oversimplified "How it Works" page (literally).



124. Post 9514949 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: abercrombie on November 12, 2014, 02:20:13 AM
Don't miss the train folks!   Shocked
IMG

Roller coasters are not real trains. Tongue



125. Post 9514985 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: hyphymikey on November 12, 2014, 02:24:37 AM
Also anyone else listen to the okcoin dude on some internet radio/podcast posted on /r/bitcoin.

3 billion euro hedge fund trading on their exchange he claims.

Yeah they picked that exchange so they can short

LOL. With 3:1 margin they can extract 9 Billion ... out of a virtually 8 Billion market (which is far smaller in reality...). Now, that would be something! Cheesy
-> You can't possibly need that much money for shorting Bitcoin. Unless you fear somebody has even more for pumping.



126. Post 9515266 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: hyphymikey on November 12, 2014, 03:17:01 AM
Just went long with 2000x leverage. Hopefully it doesn't drop 19 cents.

How will you sleep at night, thinking about all that profit you make in every seconds? Tongue

I have a feeling it will start falling tomorrow.



127. Post 9516069 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: YogoH on November 12, 2014, 05:32:46 AM

https://www.cryptocoinsnews.com/mark-karpeles-likely-going-see-companies-getting-hacked-bitcoin-stolen/


Mark Karpeles - “each time you want to check the balance of a cold wallet, you’re making it less cold.”



HA, I still can't believe this dimwit somehow ran the largest bitcoin exchange (into the ground).

you're... making it... wait, what? the fuck is he talking about? i want to check a cold wallet, i enter the address into blockchain.info or such... there's no involvement from anything compromising.

Right, it gives some credit to the incompetent theories.  

The "The Rise and Rise of Bitcoin" was a real eye opener for me regardin Karpelés. (A have never seen any video footage from him before. I didn't care. Not even after the last incident.)
It felt like the boos of the company sometimes lets his/her retarded child play the boss (while making sure he can't do any harm ... in himself) and somebody compiled a video from the random video footages which makes this game look like Mark is in fact the real boss. His Gay friend is a similar story. Not as retarded but funny because I bet he is straight (just to give this story a twist) while called Gay and look gay and acts like Mark's gay friend (who is also straight, I guess, only to give this strange relationship the secondary twist...). Jesus... Grin



128. Post 9516101 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: JimboToronto on November 12, 2014, 05:59:37 AM
...places that haven't participated significantly in the previous waves, like Argentina, Phillipines, Canada, Mexico, Australia, U.K., Carribean, Switzerland ...

Canada? Are you kidding?

Home of Ethereum, first public BTC ATM, rich mining tradition?

Maybe you should add Germany, the USA, Russia and China to the list. LOL

Hey, give him credit for not joking with Africa! Tongue



129. Post 9516860 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.30h):

Quote from: zakalwe on November 12, 2014, 07:09:41 AM
WOW....

386 already Huh

so fast, ok anyone still shorting this stuff Huh newbie Huh have you cover your short Huh



go baby go...I need to make $$ back from alts to btc on my NO ROI NO Refund Titan (not my best move by the by)

so it is not 'baby needs a new pair of shoes" more like 'Searing needs price to rise to salvage ego' (live an learn)


LOL I'm with you. 6 never-see-ROI Titans Justin arrived. Just accumulating those (few) LTC mined waiting for the next spike. Gently LTC, go to 75 ASAP. Thank you.

 Cheesy

LOL! I should have trolled about Litecoin's inevitable damnation here instead of doing so in the DarkCoin thread, I see.
Nah, it wouldn't have made any difference, right?



130. Post 9523126 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: fonsie on November 12, 2014, 07:13:22 PM
Anybody willing to take a guess at who would say the above??  Grin

Your alternative ego. Don't be lazy! Use to use the proper forum account or it doesn't count!



131. Post 9523427 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: fonsie on November 12, 2014, 07:40:27 PM
Anybody willing to take a guess at who would say the above??  Grin

Your alternative ego. Don't be lazy! Use to use the proper forum account or it doesn't count!

This account has only been used by 1 single IP adress and that IP adress has never been used for any other account.
Would really love it, if the forum would have a feature which would show if the account would be "unique", would proof in an instant how childish you are.

IP addresses are a terrible way to determine uniqueness of users.

No shit sherlock, but since I've got a fixed IP adress and haven't used any other, it would suffice in my case, but I don't have to prove myself.
Besides if he would be smart enough, he can clearly distinguish all accounts, based on the way each account writes and makes spelling mistakes.
But, it's ofcourse a lot easier to just throw accusations around and see what sticks.

Please don't cry! I forgot to insert a smiling face. I thought it has been an ongoing topic joke. I didn't want to hurt your feelings. Calm down.
Sigh.



132. Post 9526216 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

This invisible wall on OKcoin is really amusing.



133. Post 9526244 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: lay785 on November 13, 2014, 12:21:48 AM
OkCoin @ 2800
Huobi @ 2700

Da fak?

arbitrage not happening??

It does. More OKcoin users sell to the invisible buy wall rather than buying on ask price.
But they are feared to buy more on other exchanges (cheaper) because this increase feels unsustainable.



134. Post 9528069 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

This didn't really seem possible (OKCoin Wall eaten!). I am impressed. Grin



135. Post 9528859 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: nioc on November 13, 2014, 07:17:22 AM
When we reach page 10k we'll hit another ATH.

Write my words

When we reach page 10k we'll hit another ATH.

Write my words

The total number of transactions stored on the Bitcoin blockchain hit an ATH today. This must be the reason for the panic buy.  Grin



136. Post 9528910 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: noobtrader on November 13, 2014, 07:23:19 AM
When we reach page 10k we'll hit another ATH.

Write my words

When we reach page 10k we'll hit another ATH.

Write my words

The total number of transactions stored on the Bitcoin blockchain hit an ATH today. This must be the reason for the panic buy.  Grin

istn it the other way around... Huh

panic buy increase the number of transaction

I don't really think they effect each other by any significant amount.



137. Post 9530268 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Sigh... I waited for this shorting opportunity like a hawk since the pump started. (I didn't want to go any "longer" than keeping 99% of the exchange fund in BTC but I find flash-crashes to be fun to short on leverage, for some reason, that's my thing, LOL Grin) I decided to take a nap before I hit the road to visit some clients. And BAMM! There! Missed it! Now it's some work and a real sleep. It will be <400$ by the time I wake up next time OR >>425$ if I open a short here. Tongue



138. Post 9535710 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: dreamspark on November 13, 2014, 08:17:39 PM
This is so much fun, havent traded like this in months. Gonna be a good Xmas this year  Smiley

Ah! I knew it. I should have ditched my appointments and sit here to guard a short and close it during the dipping but I didn't. And I left my account with 99% BTC + change $ balance. Embarrassed
I had waited for this opportunity for months. I called the pump but didn't use leverage on the way up, just held the BTC. Then I missed the crash without shorting.
These are the circumstances which usually call for a stupid next move to actually realize a loss in place of the virtual unrealized gain. Undecided



139. Post 9535826 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Blitz­ on November 13, 2014, 08:37:35 PM
Today is Thursday, the day the criminals had to leave Bitstamp or else have their funds seized. Completely forgot about that.

Yet Bitstamp had one of the lowest prices amongst the big public exchanges during the pump. How should we interpret this?

Quote from: fabrizio123 on November 13, 2014, 08:43:10 PM
And now what's happening? Where the fuck are we going?

Everywhere and nowhere, as usual.



140. Post 9536673 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: ShroomsKit on November 13, 2014, 09:56:50 PM
I wonder how magnificent was the pump to 1000$+ last november... it must have been something, too bad i wasn't around at the time.

Stick around a while, BTC will pop that cherry at one point or another.

Not as long as these dumpers are around. They will stop every rally.

That would be the last problem if you had enough pumpers with real money.
You expect starving Africans now to buy your thousand dollar magic beans in order to make you rich (through those who steal from their poor there) because traders who actually have some money to help your piggy-backing efforts are some filthy scum. -> Is this about right?



141. Post 9536760 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: hdbuck on November 13, 2014, 10:15:16 PM
That would be the last problem if you had enough pumpers with real money.

real money.. is that even possible?  Grin Shocked

I implied I tend to believe in the: The Willy Report theory.

Otherwise, if you care about the USD price of Bitcoin, you sort of accept USD as money.



142. Post 9536840 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Gatekeeper on November 13, 2014, 10:20:52 PM
Bitfinex wall was fake, what a surprise

I was faking a fake wall. It will come back for you after it lured you in!



143. Post 9542127 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.31h):

Quote from: Newbie1022 on November 14, 2014, 02:45:09 PM
Some dumb--- is still paying me .25% daily interest to hold on to fool's gold. The rally died. It was a scam. Everybody lost -- those who are believers who held their longs open and those who bet against it. Interesting.

I don't know about the long term (I mean: 2-3 days later Cheesy) direction but I have a hunch that it's gathering it's last strength for a bounce. Not that big of a bounce (probably not enough for a proper "double top") but it might trigger another "incredible rally of bag holder rage and noob speculant desperation". But we might saw that bounce already and it just wasn't very visible due to it's weakness. Undecided



144. Post 9546331 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: hyphymikey on November 14, 2014, 10:04:32 PM
Hopefully everyone had the chance to send money to the exchanges already. If not you will probably miss the cheap tickets for the train.

Quote from: podyx on November 14, 2014, 10:06:34 PM
Is the train leaving Huh Huh




145. Post 9546777 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: BayAreaCoins on November 14, 2014, 11:11:02 PM
$420 rally for 4:20?

You should remember that this world is stupid enough to allow for 24+ time zones around this little planet (I hate the applied version of the daylight saving time system even more).



146. Post 9546879 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: hyphymikey on November 14, 2014, 11:06:55 PM
Hopefully everyone had the chance to send money to the exchanges already. If not you will probably miss the cheap tickets for the train.

Is the train leaving Huh Huh



Oh look a December '13 baby... Or as I like to call them "Butthurt Bears that Bought at the Top"

No. Instead, please observe as the wise veteran fails to claim it's touche. All the BTC I hold now is "free". I doubt you are really interested, but here is my story:
I mined some shitcoins with a few VGA cards which I picked up in december, exchanged them for some BTC, sold the cards a few months later, started trading altcoins until I reached an amount which I consider significant (relatively to the original "investment" [the margin on the VGA buy and sell + electricity]).
I wasn't smart, I got lucky! Ah well, may be I was a little smart in times like when I exchanged some BTC for DRK a few days before the big pump and held it long enough, but not TA-smart.
Now, the sad thing is that I feel like I have to try and trade USD/BTC in order to preserve the perceived fiat value of my BTC (technically, I am aiming for a constant BTC amount and withdraw trading profit -> which already paid for the VGA buy/sell margin and electricity, so technically, all the BTC I hold now is "free").
But note the "have to" part. -> Now it's not fun anymore. It was fun to mine shit and dump. It was fun to hold DRK during the pump. Watching the BTC bubble bursting isn't fun. Even shorting it for profit isn't fun because I got to like the idea of Bitcoin.



147. Post 9547817 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: oda.krell on November 15, 2014, 01:16:28 AM


Or its a fractal...




P.S.: My soul got raped by a fractal creature once in a Salvia hallucination. It still hurts a bit when I think about it. Cry
Don't let this fractal creature rape you! This one is ugly! Mine was at least very attractive (and more 4D than 2D), I just didn't feel like I want to bond with it right there at that moment (and I was trans-dimensional-creature-virgin).



148. Post 9552591 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: ChartBuddy on November 15, 2014, 04:01:19 PM

Explanation


I think you should lie down buddy. You are clerly stressed out.



149. Post 9552809 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: wmr42393 on November 15, 2014, 04:23:05 PM
Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.

You're welcome.

(I hate this stupid market, but still hodl for life)

Ahem.

Right again.  This supposedly unpredictable market has become so predictable.

LoL, yea right. If it is so  predictable, please enlighten me and tell me what will happen next...

Sure.  More dumping incoming.

You're welcome.

If you dump here you're gonna be sorry.  But your loss is someone elses gain.  

Will see...



I think I almost nailed it with the 4h. I should have used something more andvanced than MS Paint, so I could esily refresh the background chart.



150. Post 9553247 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: wmr42393 on November 15, 2014, 04:53:02 PM
Will my order at 367 get filled?

Nope


most likely. It's only Saturday evening GMT. The 'weekend dip' factor has only just started

15 min MACD will cause a reversal in 9 mins.  

and anyone that thinks the 15 min MACD is worthless, think again  Cool

I consider the 4h MACD risky in case you want to go against the 1d MACD and/or it's not steep enough. And I like to take a quick look at the 4h StochRSI as well as a secondary source of judgment (and 1d RSI as a tertiary).
I think 15m MACD is more like noise. The sampling range is too narrow to filter the random noise by averaging. It doesn't tell anything more than taking a quick look at the raw data points to form an opinion for yourself.



151. Post 9554361 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: Phillis on November 15, 2014, 07:32:09 PM
get those shorts ready, down we go.

!?I am itching to go long?! (not 2222:1, no, just 2:1, may be Tongue)
4h MACD should reach an inflection point soon (or else...) and 4h StochRSI have been below the floor for 12 hours. So, it should bounce up in <12h (or else... "end of the world" dump, I guess, down to 320-ish in a spike -> but who would possibly want that...?).



152. Post 9555577 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: wmr42393 on November 15, 2014, 10:20:43 PM

Thats Euros... they are worth more than dollars Cheesy



LOL. I don't know either.



153. Post 9555614 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: ParabellumLite on November 15, 2014, 10:23:37 PM
Damn you Chartbuddy, stop trolling us!

Looks like it was a mistake to put him in charge one SilkRoad 3, he started to plifer the stash (though I understand Adam needed a quick solution and it was faster to reporpuse an existing AI for multitasking than creating a new).



154. Post 9556202 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: akujin on November 15, 2014, 11:41:02 PM
15kBTC were closed on Finex (down to 5k from the top of 20k) that takes a lot of choo choo off the train  Cry

Really??
Yep. Check it out.

http://bfxdata.com/combined/btc.php

Maybe it means people are starting to get bullish?
That means they're gonna target the longs  Grin Grin Grin
img

Cheap BTC swaps on finex!? Buy! Buy! Buy! ... I mean ... Borrow! Sell! Fish! Tongue



155. Post 9557442 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: SkyValeey on November 16, 2014, 03:18:47 AM



No, no, no. That would look something like this:




Another fractal: BTC price chart on several time scales. -> Conclusion: Chart Buddy is on THC, BTC traders are on LSD Grin Tongue


Quote from: DaRude on November 16, 2014, 03:29:40 AM

and what the hell is up with the posting bot ?
that looks weird

I am now no longer including the old crappy data that stamp is putting out. When they start putting out real data, it will be included.

The prices at the top are wrong on that one (they were still being taken from the stale data) but they will be correct in the next one.

It started to talk again  Shocked send it back to hell with fire

I told you earlier this day that it's an AI!



156. Post 9562830 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: grappa_barricata on November 16, 2014, 06:44:40 PM




(I hope everybody who gave a sh|t and looked at these images also noted the filenames: funnybtcchart#num. -> Nobody should take these really seriusly, M'K? These are just my ideas in pictures...)



157. Post 9576904 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: oda.krell on November 18, 2014, 02:00:07 AM
It is funny because they are treating the page number like the price of Bitcoin. /Ralph

In that case I need a moderator on Bitfinex to delete those meaningless bid spam entries after I opened a very insightful short pos.t.ition.

Edit: Oh, I see. Somebody took care of that little cosmetical problem just now. Well, thank you, I guess. Cheesy



158. Post 9579939 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: podyx on November 18, 2014, 10:22:16 AM
Hopefully forming a triple bottom here (I think it's the most bullish TA)

Let me quote myself on this one:

Quote from: janos666 on November 15, 2014, 04:35:35 PM

If you dump here you're gonna be sorry.  But your loss is someone elses gain.  

Will see...



I think I almost nailed it with the 4h. I should have used something more andvanced than MS Paint, so I could esily refresh the background chart.



159. Post 9580003 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: hdbuck on November 18, 2014, 10:43:40 AM
Well this is looking really bad

not at all, just a good occasion to close longs Smiley

Sarcasm or morgasm?



160. Post 9581503 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: Richy_T on November 18, 2014, 01:25:47 PM
or small chance some people aka "post dumpers" found a way of automatization the deleting of own posts via an bot/script/macro ...

Now who could do something like that?  Grin

Ah, I knew Buddy is an evil AI and this thread is rigged!
---
Price charts also look like a mess. I think we have 2 or 3 days before a flashcrash.



161. Post 9581698 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.32h):

Quote from: Unpredictable on November 18, 2014, 02:25:59 PM
What if this is the last time we see sub 380...?

I've seen posts like those too many times. We need to hit double bottom and we need to hit it hard.

Why don't you accept the two ~320$ points as bottoms and the sub-300 spike as an overlaying anomaly?



162. Post 9592488 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: justusranvier on November 19, 2014, 03:10:06 PM
Quote
"As part of a civil forfeiture proceeding, Ulbricht and the government in January reached a deal in which the bitcoins on his hardware would be sold, with the proceeds to be held pending the outcome of his case."

http://www.reuters.com/article/2014/11/17/us-bitcoin-auction-idUSKCN0J11UJ20141117
This actually means that DPR wants his coins sold at as low of a price as possible.

The money at stake is the prize which the prosecutors are competing for, and to maximize his chance of regaining his freedom he'd want their incentive to be as low as possible.

I never understood how these US Marsals can auction these coins before at least one court officially finds him guilty. Is it normal in the US to sell these kind of assets before the end of the trial?
"Hey, I prooved I am innocent, so I can finally go home ... oh wait, they sold my house and took the money. Well... I won! Yeah..." Strange.



163. Post 9599694 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: noobtrader on November 20, 2014, 06:44:32 AM
wow @movement    Shocked  still failed to rally

I don't have a clue what to do short-term. I don't think anybody really does. The charts and indicators are a mess but there is no visible blood. -> Is this a living dead? Can it bite (/ the dust)? Roll Eyes

I think I will try to open a short position (BTC base) during the 4h MACD crossing positive mini-bounce (or panic-sell if it doesn't cross but start diverging).



164. Post 9599868 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

WoW. For once, I was the first to panic-marginsell on Finex after China decided to dictate a new price. Tongue



165. Post 9599938 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: itod on November 20, 2014, 08:25:34 AM
we could end this dumping in a week if we all just sell now, buy back @$300 for a successful retest of support. You would increase your coin stash and the great bull market of 2015 could start early. If we let the price grind down, we'll all be too broke for a successful double bottom and support won't hold. This has happened so many times. When will we figure it out?

You think there's no trend reversal to uptrend until we double bottom @$300? Must another whale sacrifice his fortune for the general good?

In my opinion, there was a double bottom already in terms of moving averages + we had a little over-exaggerated dip on top of the first bottom thanks to the ManBearWall anomaly. But the market didn't seem to care about that, so I was sitting here, waiting to panic-sell... And now I am waiting to panic-buy with some profit. Grin



166. Post 9600023 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Somebody is seriously going for 2000 CNY? Shocked



167. Post 9600194 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: 2dogs on November 20, 2014, 09:04:34 AM
Is anyone else up watching this dump?

Or is everyone sleeping?

I sleep randomly anyway but the sun just came up a few hours ago for me (good thing I am currently on the proletarian clock Tongue).



168. Post 9600280 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

@ podyx - It's easier to cut down the edges in MS Paint after you know how (it's really not that difficult). Tongue

BTW, the 1d MACD is turning red. I think it's a stronger influence than a 4h MACD in inflection. And I think the last P$D generated too much noise for the 4h MACD to be reliable anyway. (Thus I expect a little more dump to follow as sleeping people weak up to realize this.)



169. Post 9600309 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: podyx on November 20, 2014, 09:26:53 AM
@ podyx - It's easier to cut down the edges in MS Paint after you know how (it's really not that difficult). Tongue

BTW, the 1d MACD is turning red. I think it's a stronger influence than a 4h MACD in inflection. And I think the last P$D generated too much noise for the 4h MACD to be reliable anyway.
img height=400]http://prohardver.hu/dl/upc/2014-11/35956_funnybtcchart5.jpg[/img]

Wasn't really talking about MACD, was talking about a descending wedge

BTW -> By The Way ... (I tried to indicate that I finished talking directly to you [about MS Paint], but I did follow up on you thoughts from a distance + I try not the be a post spammer).



170. Post 9600456 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: 2dogs on November 20, 2014, 09:04:34 AM
Or is everyone sleeping?

What happens when people weak up to realize 1d MACD just turned red?




Quote from: lay785 on November 20, 2014, 09:50:55 AM
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market

Did he? I read some related news / rumors but I don't know for sure. I think the exact price remained his secret.



171. Post 9600657 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: BitAddict on November 20, 2014, 10:12:58 AM
Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? Grin). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? Cheesy (I don't really think so, but some might argue so...)



172. Post 9601227 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: billyjoeallen on November 20, 2014, 11:19:57 AM
we could end this dumping in a week if we all just sell now, buy back @$300 for a successful retest of support. You would increase your coin stash and the great bull market of 2015 could start early. If we let the price grind down, we'll all be too broke for a successful double bottom and support won't hold. This has happened so many times. When will we figure it out?

You think there's no trend reversal to uptrend until we double bottom @$300? Must another whale sacrifice his fortune for the general good?

In my opinion, there was a double bottom already in terms of moving averages + we had a little over-exaggerated dip on top of the first bottom thanks to the ManBearWall anomaly. But the market didn't seem to care about that, so I was sitting here, waiting to panic-sell... And now I am waiting to panic-buy with some profit. Grin

yeah, good luck with that.

Sarcastic good luck with what?

Managing my active short position with a stop order...? Or being able to leave it opened until we get fairly close to the true bottom?
I think you ignored that I was willing to go against my MA-double-bottom opinion and in fact opened a leveraged short position right in time when this dump started. Huh



173. Post 9602783 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: Tzupy on November 20, 2014, 02:06:13 PM
Ahh!!! It's crashing to levels not seen in a long long time!!!

I'm selling all of my bitcoins!!!

Aaaahhhh!!

Permabull trying reverse psychology, not really working. This is just the second half of a correction, price will rebound.
Don't let yourself fooled by the to-da-mooners, take advantage of the top of that rebound, it should come in a couple of weeks.

Rebound from where? 350, 320, ..., 225, ...?



174. Post 9605191 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: Torque on November 20, 2014, 06:48:29 PM
Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99 359.99, and it sits there for more than 12-24 hours without going up, you can bet that another dump is incoming.

You're welcome.

Oh jee, is it the same pattern all year?  Cheaper coins incoming.

Thank god the Bitstamp price have not been fixed with surgical precision. Grin



175. Post 9606465 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Sharply down again this soon? Shocked I thought this will take another 6 hours or so.



176. Post 9606496 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: Cablez on November 20, 2014, 09:24:10 PM
Ready to go green here.  Smiley  If it is 2015 so be it.

^(hunker)^

Godd luck greenman!



I will remain short for a while. 1d MACD went  definitely red today. It won't recover overnight like nothing happened.



177. Post 9606552 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: mah87 on November 20, 2014, 09:28:41 PM
Ripple is definitely the future of money. Internet of value is Ripple. Bitcoin is its ancestor.

Seriusly?
I have virtually never used the Ignore feature anywhere (except for non-human spam bots) but I feel an urge to start utilizing it.
Do you realize you are making me seriously hate Ripple? I was completely neutral about it (I had none but I might would even consider to get some) until I got sick of your spam.
I even wonder... Is this your true agenda? To make people hate Ripple?



178. Post 9609867 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: ShroomsKit on November 21, 2014, 06:11:36 AM
Why are you so negative every day?

Because every day i'm watching a technology i'm excited about being destroyed by idiot traders.

Bitfinex statistics indicate long positions are probably 9 times more heavy than short positions. So, basically some unfortunate traders might kept the price UP by borrowing tons of USD there. -> This could be pretty ugly if the real dumpers trigger stop orders and those ignite the first margin calls and it all cascades down... or... very profitable if you are lucky with your short-buyback and/or fresh long opening.

China seems to be relentless. Shocked



179. Post 9609918 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: hyphymikey on November 21, 2014, 06:44:52 AM
And more dumping. I wonder if we will go lower than 320. The dumpers sure will try.

I'm hoping for a double bottom at 275 with high volume to signify that the real bottom has been confirmed.

My active short would not complain but wouldn't you be a little bit afraid that ~275 might won't hold this time in case 300 gets breached?



180. Post 9610757 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Well, it does start to feel very similar to the events preceding that last manbearwalleywhale incident. Undecided



181. Post 9614141 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: Net5kY on November 21, 2014, 05:10:41 PM
And dropping again..

It feels like it is going up while it isn't. That can't be good. Undecided



182. Post 9614810 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: Cheeseonastick on November 21, 2014, 06:11:45 PM
Weekend dump incoming. See you at 300 within 72 hours.

Did you pre-ordered it?



183. Post 9615246 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: vabtc on November 21, 2014, 07:28:44 PM
Quote
Yes, you are wrong.  Let me explain again:
People use Western Union in emergencies--like being stranded halfway across the country with no money for gas, that sort of thing.  The kind of emergencies in which Bitcoin would be of no use, since it can not be spent in in the podunks where these emergencies take place.  Gas stations don't take Bitcoin.

If you are talking about needing something which could be bought online, simply ask the person to put the purchase on his CC, and save bot of you the fee and the hassle.

But I can also pay for someone's gas in the middle of nowhere instantly from my living room with btc, all they need is the payment protocol.

All they need is a working computer with electricity and internet connection - in the middle of nowhere. | Far from impossible but not very probable.



184. Post 9615393 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: NotLambchop on November 21, 2014, 07:48:31 PM
*You have lost more than 1/2 of your money if you have been holding for a year.  Way to go!

I lost just profit opportunities. I would stay in black even at 10 bucks mr. Hindsight.
But in a battle for civilization you're not counting beans all the time.

No.  In the last year, Bitcoin has been an abysmally bad store of value, as in losing more than half of it.  

Well, itīs up 2800% over 2 years and god knows
how much over 5 so thatīs all good.

Yeah, and at one point in time, Beanie Babies were a good store of value.  As was the case with Bitcoin at some point in time.

That point in time is over, has been over for over a year Sad

Wake up and smell the coffee!



I prefer the quote: Wake up and smell the ashes (pronouncing it to sound like it could have been "asses" is also acceptable if the situation calls for it). Cheesy



185. Post 9615468 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: JimboToronto on November 21, 2014, 07:55:31 PM
All they need is a working computer with electricity and internet connection - in the middle of nowhere. | Far from impossible but not very probable.

You are aware that there are more cellphones than flush toilets in the world?

I am aware it's really hard to find any kind of artificial toilets -in the middle of nowhere-, let alone one with a working water flush feature.

It's not that easy with cellphones:
- confirming an incoming transaction but not being able to spend the coins doesn't really cut it (it's kind of a leverage trade at that point)
- online wallets like blockchain.info are not real Bitcoin wallets, these are third-party services (you need to trust in the operator = not trustless like a true blockchain crunching wallet)

Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?



186. Post 9616066 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.33h):

Quote from: var53 on November 21, 2014, 08:22:46 PM


Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?

Maybe this is what you want.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

Hmm. I wasn't aware of this software. It isn't listed at https://bitcoin.org/en/download and I don't spend Bitcoins (I am trading with some, holding a few on ice, but not spending - I don't even have opportunities here to do so).



187. Post 9618894 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Richy_T on November 22, 2014, 04:53:09 AM


Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?

Maybe this is what you want.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

I don't think it would be realistic to run the full blockchain on a phone so the kind of wallet he is thinking of would have to talk back to a version of the bitcoin client running on a computer you control. I suspect this one, like Mycelium, talks to a server hosting the blockchain.

(Though with Mycelium, at least, the transaction signing does occur on the phone so it should be safe for certain values of safe)

Yes, I checked the linked software. It seems to be a web wallet with an offline GUI.
Does the Android version of Mycelium work the same way as the PC version?

@mymenace - This is not even in the ballpark.



188. Post 9619117 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Richy_T on November 22, 2014, 05:57:02 AM


Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?

Maybe this is what you want.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

I don't think it would be realistic to run the full blockchain on a phone so the kind of wallet he is thinking of would have to talk back to a version of the bitcoin client running on a computer you control. I suspect this one, like Mycelium, talks to a server hosting the blockchain.

(Though with Mycelium, at least, the transaction signing does occur on the phone so it should be safe for certain values of safe)

Yes, I checked the linked software. It seems to be a web wallet with an offline GUI.
Does the Android version of Mycelium work the same way as the PC version?

@mymenace - This is not even in the ballpark.

I was not aware of a PC version. On the Android version, it relies on a server to process the blockchain but the keys are kept entirely on the local phone.

May be because it doesn't exist. Cheesy Sorry, my bad. Embarrassed
My knowledge regarding the actual wallet softwares was full of gaps. I read a paper about the possible implementations which mentioned some existing wallets by their names as examples for the possible wallet types. Thus, I read about how Bitcoin "Core", Mycelium or BlockChain.info work and I knew the "Core" is way too big of a snack for current smarthones but I missed that little detail about Mycelium that it's a smartphone wallet (it not only exists for Android but it doesn't even have a desktop version at all). I thought even this kind of wallet is yet to be implemented for smartphones but it's available already. Good to know.
(This happened because I can easily afford to use the Core version at home but I can't really make use of a smartphone wallet anyway.)


@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?



189. Post 9619240 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: macsga on November 22, 2014, 06:59:29 AM
@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?

Regarding it's creation and distribution concept and of course the way of "mining" it, BTC is as close as possible to a non-materialistic gold, so to speak. And yes; "gold is money and nothing else" is more or less the same thing. But there's also a "something else" that forms a far better alternative nowadays. Wink

I talked about the quote on your picture above.



I looked it up and realized that I also misquoted him. This seems to be the original: "Money is gold, and nothing else."
The argument that Bitcoin is kind of "a gold" is an entirely different debate.



190. Post 9620808 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: bad trader on November 22, 2014, 12:09:33 PM
I think you have to be a bot to believe in this rally.
The bots might have been onto something. I didn't name myself “bad trader” because I outperform a Chinese TA bot.

Just to be clear, I'm not saying it won't drop from here, which in itself is probably a bullish indicator. Undecided

A bullrun on fiat? yyAy! Cheesy

I closed my short on the way up from 350 to 360 in a hoped to reopen it above 370 but I am starting to "panic".



191. Post 9620841 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: ShroomsKit on November 22, 2014, 12:21:56 PM
Nice. Up 3.3%/24 hrs.

It's called a pump. After that comes the dump.

I think this thing under our feet called a "bounce" but you are the expert trader here. Cool



192. Post 9621525 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: spooderman on November 22, 2014, 01:53:43 PM
We've had two higher lows since 275. Anyone else feel the trend has reversed but it's just doing so gradually?

I did. But then again, the opinion of the majority is more important.



I made a perfectly neutral trade today. I closed and reopened my short higher enough so the difference can pay for the exchange fee (-> I tipped Bitfinex with somebody's money). Cheesy



193. Post 9621760 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: bad trader on November 22, 2014, 02:13:07 PM
Dumps in China, why?
Someone touched a trendline.



Or maybe someone knew the lower lines would catch it and shorted.

Let me help you find some more trendlines (outside of the plot area, of course).






194. Post 9621802 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: JimboToronto on November 22, 2014, 02:37:36 PM
teh nxt critical r nineteen pages.

Calling it: another post dump at 9997.

It's expected by many.

I'm already shorting this thread with leverage

No need to dump posts.

How many pages could we lose if some of us replaced IMGs with links?

Actually NONE (But as you see, I started accumulating posts a few hundred pages ago. You must feel that this can't be good.)



195. Post 9621880 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: bad trader on November 22, 2014, 02:39:04 PM
Touching lines again.

You know it is technically always touching a certain trend line, right? It all depends on how you choose to draw one: the degree of the polynomial and the points you choose to include in the equation (or the randomness if you draw lines by hand).



196. Post 9622095 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: shmadz on November 22, 2014, 03:11:31 PM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.

What about STOP orders?



197. Post 9622169 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: shmadz on November 22, 2014, 03:20:20 PM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.

What about STOP orders?

Not a fan personally.

I find they tend to get triggered at the least opportune times.

I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".



198. Post 9622240 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: shmadz on November 22, 2014, 03:35:18 PM
As long as you enter each position with the expectation that you could lose everything, then I think you'll be fine.

What about STOP orders?

Not a fan personally.

I find they tend to get triggered at the least opportune times.

I agree. But getting stopped out halfway is better than getting margin called. And it makes it harder to loose "everything".

In warfare, the ones who are willing to lose the most have the advantage.



Winning a battle != winning the war



199. Post 9628525 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

OKCoin is relentless, as always. Cheesy



200. Post 9629301 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

@grappa_barricata - How long do you think that Huobi "wall" will hold the reckless OKCoin butcher back? It's just a few hundred BTC.



201. Post 9630212 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Wekkel on November 23, 2014, 02:11:31 PM
This thread is a nice barometer for the Market Temperature.

You meant thermometer, right?



202. Post 9630236 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: marcotheminer on November 23, 2014, 02:39:11 PM
We're close to 200k replies too!

Make a run for it! Cheesy



203. Post 9630277 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: macsga on November 23, 2014, 02:42:40 PM
10000 Pages. Woah. Bullish.

CCMF!!!!!!!1

Ok. So, if it's a spam rally anyway... What does this mean? (I honestly don't know.)



204. Post 9630305 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: NotLambchop on November 23, 2014, 02:45:22 PM
Gentlemen, the poll results are in Cool



It doesn't matter if you won or lost, the important thing is



I won. Smiley



205. Post 9630333 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: macsga on November 23, 2014, 02:45:42 PM
10000 Pages. Woah. Bullish.

CCMF!!!!!!!1

Ok. So, if it's a spam rally anyway... What does this mean? (I honestly don't know.)

Dood, seriously! You can't post in here and don't know what CCMF is. Shocked

Is that really what it means? Roll Eyes



206. Post 9630357 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: macsga on November 23, 2014, 02:48:14 PM
Lambchop: Don't quote yourself. You won't be on 10000 page count and that's a certainty. Grin

You know I can always delete posts a year from now. I won't use up all my ammo today. Tongue



207. Post 9630392 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: bengtåke on November 23, 2014, 02:50:22 PM
10k has cometh! Now the price just needs to catch up! Wink

It seems like it wants to. I had to force-close my short. Roll Eyes



208. Post 9630421 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: redsn0w on November 23, 2014, 02:53:28 PM
Guys, stop deleting your posts jesus!

Maybe NotLambchop has deleted a lot of its posts....

Not the best strategy for someone who likes to quote himself.



209. Post 9630433 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: grappa_barricata on November 23, 2014, 02:56:25 PM
china is pumping muhahahaha

May be some bots are trading based on the activity of this thread (posts/minute).



210. Post 9630518 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: hmmkay on November 23, 2014, 03:01:42 PM
10k.

Nope.



211. Post 9630542 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: jonoiv on November 23, 2014, 03:02:56 PM
At the post dumpers





Any I didn't buy them below 1$
That's what really bugs me.



212. Post 9630597 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Wekkel on November 23, 2014, 03:06:54 PM
As an observer note: down below long term moving average, meaning any buy right now is good.
img

Unless it really needs a raw double-bottom (ignoring the average-smoothed double...).



213. Post 9630653 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: jonoiv on November 23, 2014, 03:10:54 PM
Fuck it, for the future reference, i was few times in 10 000 page, which is my biggest life achievement and i am really proud Cheesy

+1
I'm with you Feri22, we've been on the page 10000 for at least three times, lol.

Remember…


Can't even get the meme's right now...this thread *shakes head*

Fight back quote everyone

Does that picture try to symbolize that Bitcoin is an instrument of war?



214. Post 9630735 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: FatherBob on November 23, 2014, 03:16:44 PM
Why are people deleting their old posts?

Because it's all garbage?

They have nothing better to do.
Which says a lot about them.

My son, are you right with your God?

No, he owns me a few BTC.



215. Post 9630758 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: silverfuture on November 23, 2014, 03:17:29 PM
Strange activity on the walls and in the thread. Unexplainable

It's more important to be on page 10k than managing your wealth, is it not? Tongue



216. Post 9630775 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: hmmkay on November 23, 2014, 03:19:36 PM
Why are people deleting their old posts?

Because it's all garbage?

They have nothing better to do.
Which says a lot about them.

My son, are you right with your God?

No, he owns me a few BTC.

Who is 'he'?

This guy:




Could somebody please delete 100 pages worth of posts at one batch? Thanks.



217. Post 9630827 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: silverfuture on November 23, 2014, 03:22:27 PM
Strange activity on the walls and in the thread. Unexplainable

It's more important to be on page 10k than managing your wealth, is it not? Tongue

Well, what has longer term benefits?

How much would you pay for a reserved seat at page 10k?
-> This should have been a poll.



218. Post 9631356 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: redsn0w on November 23, 2014, 04:13:43 PM


Actually, that gay saw nothing interesting, the problem was originating from his mind.



219. Post 9632397 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

@jonoiv -> Yes, I do (for a wile). Tongue



220. Post 9633123 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Richy_T on November 23, 2014, 06:59:35 PM
I was not the dumper this time. I *was* tempted to script things to delete posts to keep us on page 10,000 for a while which would have been entertaining but decided to have a lazy Sunday instead.

I believe it's somewhat unusual for somebody with so much cheaply accumulated assets to inform the public about his intentions of dumping as much as necessary to keep the numbers artificially fixed. But go on, please, this could be highly amusing. Grin



221. Post 9633310 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: lyth0s on November 23, 2014, 07:43:08 PM
I was not the dumper this time. I *was* tempted to script things to delete posts to keep us on page 10,000 for a while which would have been entertaining but decided to have a lazy Sunday instead.

I believe it's somewhat unusual for somebody with so much cheaply accumulated assets to inform the public about his intentions of dumping as much as necessary to keep the numbers artificially fixed. But go on, please, this could be highly amusing. Grin

He's talking about dumping (deleting) his posts on this forum. Not dumping bitcoins.

And so it becomes clear you haven't seen me placing and pulling 10+ orders during the last pump (which I consider a form of leverage posting).



222. Post 9633465 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: JorgeStolfi on November 23, 2014, 07:54:01 PM
I was not the dumper this time. I *was* tempted to script things to delete posts to keep us on page 10,000 for a while which would have been entertaining but decided to have a lazy Sunday instead.

I believe it's somewhat unusual for somebody with so much cheaply accumulated assets to inform the public about his intentions of dumping as much as necessary to keep the numbers artificially fixed. But go on, please, this could be highly amusing. Grin

@ChartBuddy is the Federal Reserve Bank of this thread.

Nah, ChartBuddy is just a dildo in the hands of an influential market manipulator. The real threats are the police/military (moderators) and the chairman (topic starter).



223. Post 9633836 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: franckuestein on November 23, 2014, 08:38:54 PM
This is like the Bitcoin market  Cheesy Cheesy
Some comments (bids) and some deletes (asks)

They're going to be always dumpers but other ones are going to comment to pump the thread  Tongue Tongue

And just like permanent holders ignore the fact that Bitcoin can always fall as low as it wants to (including ZERO), posters ignore that the topic starter and the moderators have infinite ammo to push the numbers down. This war has already been lost before it started. You simply can not win. Even if it reaches 10k and stays there, it's will be a manifestation of the will of higher powers, our holly rulers, not the forum itself.



224. Post 9634765 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Blitz­ on November 23, 2014, 10:09:20 PM
I wonder if the battle of 100k will take days, or maybe even weeks.

I admire your wise calmness in which you can moderately enjoy the circus instead of trying to fight the inevitable but do reduce the joy of the players. I bet some moderators would draw out their ban hammers and engage in the battle of windmills by replacing the page taker spam with repeated warnings.



225. Post 9634863 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: hyphymikey on November 23, 2014, 10:50:21 PM
Nom nom nom.... Those walls taste delicious!

Aren't you still waiting for the next sub-300 bottom?



226. Post 9635003 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

I think it's fairly safe to say that both pumps are over for today.

Quote from: Carra23 on November 23, 2014, 11:14:30 PM
Does anyone care that we have climbed $20 thus far today?

Who cares, we are having big movements here. I think we have seen the bottom at 9995 pages.

Did that happen on raw numbers or timewarp adjusted moving averages?



227. Post 9635080 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: jonoiv on November 23, 2014, 11:17:35 PM
I think it's fairly safe to say that both pumps are over for today.


The bitcoin pump is just getting started Smiley

If you say so.




228. Post 9635344 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: LFC_Bitcoin on November 23, 2014, 11:44:44 PM
Let's power through to 10,000 pages.

Bullish.

Do you really want to kill this thread?
If you keep up the full blown 10k cheerleeding, people will continue over-spamming up until a fun breaking point where nobody will care anymore to post anything, thus page numbers will start to decline on a dried up daily volume, then poeople get ridiculed and panic will follow until it's officially dead.

And I am not talking about 10kUSD/BTC while making it look like I am talking about the page pump. No. Really. I am not. Don't accuse me with that. Never. Tongue



229. Post 9635449 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Too much delusional bulltardspeeches, too little real posting power. This thing is gonna crash!

Get out until you can. Delete all your meaningless posts now!



230. Post 9637285 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: Le Happy Merchant on November 24, 2014, 06:01:15 AM
I think we finally reached that point, the number of posts about bitcoin is stabilizing.

I sense an inifinite wall around this marker. A huge panic might set in soon.
-> Am I not talking about an incoming USD/BTC dump or post purging?



231. Post 9637578 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: noobtrader on November 24, 2014, 07:09:27 AM
this thread should be renamed...  Cry

Thread Observer - Tracking and discussion of the Bitcoin price movement tracking & discussion

Has a snappy ring to it?




Thread Observer - Tracking OF discussion of the Bitcoin price movement tracking & discussion

more like this

Surely we are tracking and discussing?

Thread Observer - Tracking and discussion OF the Bitcoin price movement tracking & discussion

but I like the formatting reference to JuanJayGee Wink

but it seem that we tracking the discussion itself than the price movement

The inevitable dead-fall of metaphysics. Once you fall into this pit there is no way neither out nor further away. You can't stop being a meta and you have nothing more to be meta about. The floor falls out before you understand it's structure and how it held you up all this time. It stops doing it's thing which it always did on it's own without understanding itself or being understandable by others.



232. Post 9638402 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: macsga on November 24, 2014, 09:49:01 AM
Nice little pump.

P.S. lol we're under 10k posts again, relentless post dumping!

It seems we're facing a huge post manipulation. We won't be seeing 10,000 any time soon Grin

I think this thread needs to implement some new features and launch a huge campaign to seek out some heavy investors.

I hope this USD/BTC rise is just a dead bounce. I placed my bet on that scenario way too early, it seems.



233. Post 9639988 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: NotLambchop on November 24, 2014, 01:05:03 PM


Fagaphobic remark reported to proper authorities Angry



You know, a broken clock might won't be accidentally accurate every time you check it. You should try to mix it up a little.



234. Post 9640023 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: YogoH on November 24, 2014, 01:51:12 PM
bitfinex on the loose

Feels exactly the same as the last rush to 475$



235. Post 9640033 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: abercrombie on November 24, 2014, 01:52:56 PM
Bitfinex going vertical...    not too late!   Grin



Most of the times, it is. Roll Eyes



236. Post 9640549 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Oh no! Not this again! (10k pump) Angry



237. Post 9640570 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: bobboooiie on November 24, 2014, 02:57:02 PM
3rd time Iam on 10k wohoooo!

It's about the sixth time for me. This week...



238. Post 9640595 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.34h):

Quote from: NotLambchop on November 24, 2014, 02:58:12 PM
This goes here.

Bitcoin

Where dreams come to die
Why don't you 10k-spam with a miniature version of this and resize it after your 10k position gets confirmed?



239. Post 9640764 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: jonoiv on November 24, 2014, 03:04:00 PM
I think it's fairly safe to say that both pumps are over for today.


The bitcoin pump is just getting started Smiley

If you say so.



Thanks for this sobering chart. This really is the best way of subduing (perma)bulls: confrontation with reality.

Why didn't you post the full chart?  
Sobering indeed bear troll!



The chart wasn't mine, as you to have missed that. But in response to your post: oh well, even more arbitrary lines.


So it's sobering when bearish... but when the same lines are bullish it's arbitrary.

Ok then... Cheesy  Cheesy Grin

Oh no, lines are always arbitrary in my opinion. What I found sobering with respect to the first chart is that it shows the general sentiment: that is we're still trading down for now. There will of course be a short lived uptick again, followed by another dump.

If lines are arbitrary why would they show general sentiment?

In short, I know the answer... you are full of shit Smiley

Well, I personally like trend lines when they clearly fit the data points of a narrow range, so they simply help to visualize the gradation (hence my picture above). But I don't like when somebody tries to use them for extrapolation (note that I cut the image really close to the last point). And I hate when somebody draws a bunch of alternative trend lines from the exact same data points (just so he might find one which blindly hits the target in the actual future).



240. Post 9641064 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: fonsie on November 24, 2014, 03:47:24 PM


Currently $2m USD of BTC shorts and $23m USD of BTC longs.

Dont see this going much higher..

Take a look at the longterm trend




It seems like my trend-trolling troll-education fails to educate trend-trolls.


Quote from: janos666 on November 22, 2014, 02:34:09 PM
Dumps in China, why?
Someone touched a trendline.



Or maybe someone knew the lower lines would catch it and shorted.

Let me help you find some more trendlines (outside of the plot area, of course).





I should try to come up with something more dramatic.



241. Post 9642545 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

What is this madness? Shocked




242. Post 9642811 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: Blitz­ on November 24, 2014, 06:45:47 PM
Look guys, if our Chinese futures trading high volume pump'n'dumping overlords say price is around $392 right now then price better be going to $392. No point dragging your feet.
img
What's this sexy interface?

It looks nice but the zoom/pan function is broken in Opera.



243. Post 9642913 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 24, 2014, 07:01:53 PM
...
It looks nice but the zoom/pan function is broken in Opera.

I thought pretty much everything was broken in Opera?  Is it even still a thing?

[off]
I am always lazy to migrate between different softwares.
I left Firefox when they started implementing redundant features but Opera just hit a 100/100 on the Acid3 test for the first time in browser history.
[/off]



244. Post 9644075 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm...
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange. Embarrassed



245. Post 9644166 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

As is custom, price started to decline after a roadblock (2400 CNY wall) got cleared out of the way. Panic-countdown: 10, 9 ...



246. Post 9644383 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Meanwhile at Bitstamp HQ:



OKCoin walleater guy:




247. Post 9644661 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: mb300sd on November 24, 2014, 09:54:40 PM

can someone please, please make a version of this like https://hypron.net/fantastic4/?

No OKCoin as default (exchange, not futures)? That's where most of the fun seems to happen these days.



248. Post 9644678 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: jonoiv on November 24, 2014, 09:58:37 PM
Cool little bear trap  Cool

Should be back at 2420 in 2 hours. Smiley

What if this is the end of a bulltrap?



249. Post 9644924 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: YogoH on November 24, 2014, 10:22:56 PM
crazy how 1 dump changes market sentiment so fast

I rarely say something like this but this does seems like a pre-scripted organized manipulation, executed with surgical precision.



250. Post 9645243 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: Fatman3001 on November 24, 2014, 10:58:54 PM

Maybe I have misunderstood NotLambchop. It is in the name! He has nothing to do with lambs.

   Horse + X = Hinny

He is X!



http://en.wikipedia.org/wiki/Lamb_Chop_%28puppet%29
Quote
Lamb Chop has been described as a "6-year-old girl, very intuitive and very feisty, a combination of obstinacy and vulnerability...you know how they say fools rush in where wise men fear to go? Well, Lamb Chop would rush in, then scream for help."

Quote
Lamb Chop currently performs with Sheri Lewis's daughter, Mallory, mainly for the US Military. Lamb Chop is a three-star general. She was given a field promotion by Lt. Gen. Tom Conant, deputy commander of the Pacific for the Marines.



251. Post 9645263 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: zeurpiet on November 24, 2014, 11:05:44 PM
What a silly dump that was, so much slippage.

They don't care. They apparently have shitloads of coins and all the care about is stopping rallies and keeping the price depressed.

but but .. Why ?
I know you are a very smart person and I know you can explain all of us.

This one hurts a little.




252. Post 9645455 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: bobboooiie on November 24, 2014, 11:23:13 PM
So what the fuck is happening in stamp ?? When you clock on sell/buy you get internal server error and it has been like this for 20minutes now.

Well, the price wasn't supposed to go higher than 380$ but somebody forgot Bitstamp is not supposed to be used for igniting flashcrashes since they have a manipulation prohibiter. I guess...



253. Post 9645627 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: barbs on November 24, 2014, 11:49:49 PM
Greed. Greed is what is happening at stamp.



Fear, panic, sobering, regret. That is what actually happening. But yes, greed came first, though it is already gone.



254. Post 9650913 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

What now...? Back to 390+ or down to ~360? Roll Eyes



255. Post 9651808 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: ShroomsKit_Disgrace on November 25, 2014, 03:14:37 PM
Random quote is random:

TO DA MOON






256. Post 9652344 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 25, 2014, 03:42:06 PM





Ah, me too. I sure hope not. Sad



257. Post 9653542 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 25, 2014, 06:07:43 PM
Trying to sneak back up past 380, you wily Bitcoiners?  Thought I wouldn't notice?



How come you can find so much gifs about mean ponies? I am far from an expert but I though these fabled creatures were supposed to be all lovely, nice and warm spirited, not mean or selfish.



258. Post 9655100 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 25, 2014, 06:36:31 PM
Trying to sneak back up past 380, you wily Bitcoiners?  Thought I wouldn't notice?



How come you can find so much gifs about mean ponies? I am far from an expert but I though these fabled creatures were supposed to be all lovely, nice and warm spirited, not mean or selfish.

>trusting mainstream media.
Oh come on!


Aham! That must be it...
After some digging in the hidden dark archives it finally started to make some weird sense:



... how a crazy pony flied by out of the blue to steal a kiss from notlambchop during a Bitcoin ritual and how this accident transformed him into a pony-obsessed Bitcoin troll.
Sad story, really. He was supposed to embrace Bitcoin but... I don't even know which part is more terrible: the pony worship or the crazy Bitcoin hatred.
Both are very unhealthy and unnatural. There must be some ancient cure for this. I guess it's called lobotomy. Yes! You should try that. Yees...

----

HUH? Bitstamp dump, again? Embarrassed



259. Post 9656484 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

I am really not a fan of trendlines, especially not of this range-min/max linear kind but this is too interesting not to take a look at it.





So... your thoughts: What kind of sorcery is this and where is the end of it?
When do I get to play in a predictable market again? This is not enough to convince me about a trend reversal (far from beeing enough to go long with leverage at this overbought point) but more than enough to keep me from mid- to long term shorting (selling and especially with leverage). So, I guess I will be holding (until I draw another silly chart for my own amusement, that is...).



260. Post 9656843 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 26, 2014, 12:30:05 AM


Ok, let's try this because it's never a bad idea to accumulate some posts in this thread: one pony picture -> one "His Shadow and His Pony" picture (I will have to make some new, I guess).

Quote from: janos666 on November 25, 2014, 09:22:28 PM




261. Post 9656958 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: Richy_T on November 26, 2014, 12:57:58 AM

I think I'm going to have to add a function for ChartBuddy to do a combover.



Why don't you consider using the data of a different exchange until Bitstamp gets more reliable?



262. Post 9663716 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Hmm... What if...?




263. Post 9667322 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: coinableS on November 27, 2014, 12:56:27 AM
Perhaps this is gentlemen afterall...
Need to see more volume before i'm sure though

Yea true, volume is pretty sad right now

Isn't it supposed to be before a big bang?



(You should know there is sarcasm there when a straight man posts a picture like that for a presumably male audiance. Just to make it clear...)



264. Post 9669031 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: Le Happy Merchant on November 27, 2014, 05:59:34 AM
Adams back. Bullish signal.

And notlambchop is gone, at least for now. Bitcoin on the other hand seems to be going nowhere. An ask wall just came in on OKCoin and nothing interesting happened so far. I hope this situation will soon be rectified.


Quote from: macsga on November 27, 2014, 06:10:22 AM


Ship is Loaded...

CCMF!!!!1

Is this how you hide your true bearish opinion in a supposedly bullish post? If so, then it worked. Thanks, but I think I would like to walk.



265. Post 9669411 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Did Bitcoin evolutionists devolve into using primitive morse codes now? (Well, the content is also devolutionist itself, so... hmm...)



266. Post 9670024 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: hdbuck on November 27, 2014, 09:23:59 AM
higher lows.. lower highs.. things are flattening.

Volume is also drying up and coincidentally the outside temperature is 0 C˙ here.



267. Post 9670897 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: NotLambchop on November 27, 2014, 11:44:22 AM

  ~Your Beneficent Reptilian Overlords.

Ahh! The Reptilian indicator turned GREEN! Very strong BUY signal! Cheesy



268. Post 9671515 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: JorgeStolfi on November 27, 2014, 01:09:07 PM


You realize that there is a fantastic get-rich opportunity there?  Those lizard-shaped pasta dumplings -- can be fried or served in soup, like wontons, or al sugo like ravioli...

Made from ground lizard flour?
I have no problem with lizards. They eat insects and I hate those.

Buy walls on OKCoin -> shortbuybacks? Huh



269. Post 9672574 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: mymenace on November 27, 2014, 01:45:32 PM


You realize that there is a fantastic get-rich opportunity there?  Those lizard-shaped pasta dumplings -- can be fried or served in soup, like wontons, or al sugo like ravioli...

Made from ground lizard flour?
I have no problem with lizards. They eat insects and I hate those.

Buy walls on OKCoin -> shortbuybacks? Huh

Insects are the food of the future, world predictions are we will outnumber the supply and environment in being able to support our current diet.

Insects are the key to our survival. Oh and bitcoin,

That prediction assumes that people will tolerate those conditions and each others in that situation. I don't think so. My predictions are quiet different: more bloodshed than commonly accepted overall poverty.

My family have farming lands and a forests. I will probably have all the grains and vegetables, forest animals and mushrooms I wish to eat (like a roasted bunny with some home baked whole-oat-bread and home made wine...). Smiley

Though I still think I need as many Bitcoins as I can grab, just in case. Grin



270. Post 9679857 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.35h):

Quote from: ShroomsKit on November 28, 2014, 10:18:25 AM
We will see a recover after the black friday.

Won't we?

No. We will see the merchants dumping their coins.

Well, well, well. This might be the very first post of yours which actually makes some sense.



271. Post 9691547 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: inca on November 29, 2014, 05:46:25 PM
As the ema's cross the price dumps Smiley Such a natural market ha.


Well, Bitcoin is often marketed as something which "obeys the strict rule of math". Moving averages are basic math. Isn't it only natural then if the Bitcoin market is also moved by math...?



272. Post 9691603 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: inca on November 29, 2014, 06:07:32 PM
As the ema's cross the price dumps Smiley Such a natural market ha.


Well, Bitcoin is often marketed as something which "obeys the strict rule of math". Moving averages are basic math. Isn't it only natural then if the Bitcoin market is also moved by math...?

You mean trading bots following the law of math Smiley

Is it the the hardware which follows the command of the software of the other way around? This question can also be applied to our "hardware", the human body. And the right chemicals applied to your body can change your mind. So...



273. Post 9692150 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: BlindMayorBitcorn on November 29, 2014, 07:03:40 PM
Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope.  It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high.  Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes.  I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

If we hit $150... I would double down. I think this guy shot all his bullets, though. It sounds like it. Otherwise his number wouldn't be in the $550s... he would have doubled down in the low $300s. He's cooked.

Ya. Some people been sitting on gold they bought at $1800/oz. Just bad luck that

Will it corrode? (Bitcoin might.)



274. Post 9697961 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: Ultros on November 30, 2014, 01:09:38 PM
The nazi-card now? It's getting embarrassing.

I was tired about the over-repeated Chinese posters, so even though the "quality" remained comparable, he does makes it up on the "quantity", so we might should give him some credit for that. Tongue


I hate that Bitfinex bot. It's yet another reason for me not to buy back here but it would be a good reason to withdraw everything from Bitfinex for a now (but I can't withdraw USD).



275. Post 9699008 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: lay785 on November 30, 2014, 01:27:43 PM
The nazi-card now? It's getting embarrassing.

I was tired about the over-repeated Chinese posters, so even though the "quality" remained comparable, he does makes it up on the "quantity", so we might should give him some credit for that. Tongue


I hate that Bitfinex bot. It's yet another reason for me not to buy back here but it would be a good reason to withdraw everything from Bitfinex for a now (but I can't withdraw USD).
How would you short if you withdrew all your money from bitfinex?

Well...

I don't wish to make any new trades until we have a strongish distinct trend or a semi-predictable fluctuation pattern with a high amplitude.
And what does your trading profit worth if the exchange closes before you can collect it?

I had ~8 BTC on Mt.Gox when they closed. I had a few BTC worth of shitcoins on the [I can't remember it's name altcoin exchange] when they closed. I was simply lucky I moved ~12 BTC from Mintpal to Bittrex before they closed their doors (I still had <1 BTC worth of altcoins there). And I am not sure but I guess Crytpsy probably scalped me when I was doing some gambling there with a few BTC because I never kept an external log of my trades and later I learned they were famous about making some BTC "magically disappear" from your account.

So, all in all, I guess I have a reason to be a little paranoid when something unusual is happening on a crypto exchange.
This bot is probably legit (I am not trying to spread some FUT about Bitfinex! I do not! I am just paranoid! That's all. It's me. - But I guess it's reasonable for me to be a little paranoid.)

Nevertheless, my last trade on Bitfinex wiped out all my USD/BTC profits of the last month (I got stop-runned exactly at the peak, like somebody saw my order at a non-even number).
So, I am extremely cautious now. I won't make any risky trades for a long time, I will wait for the "almost sure thing" even if takes months.
I even think I developed a little trading addiction here (even though I think it's perfectly normal to loose from time to time). I got emotional after I had some crazy shit in my personal life right when Bitcoin started it's (fake or real?) trend reversal game, so it was easier to make a wrong bet and make it worse with an "emotionally calculated stop price".

Had I not recollected my original "investment" during the summer, I would probably rage-quit now. And this must be rectified (no rage-quit, no emotional gambling, no high risk positions).



276. Post 9699136 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Ah, I wish I could automatically filter out every posts which has the "ignore" word in the text. But then I would practically ignore this post of mine as well which could be interpreted like I am schizophrenic. Tongue
(I never use the ignore feature on real persons, no matter what. I believe it's there to mute bots which is sometimes handy on some forums but not here.)



277. Post 9699679 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: noobtrader on November 30, 2014, 04:48:24 PM
wow it seem ppl are waiting for december auction then it will rally or dive   Smiley

The price dropped ~50 dollars on June 13, when the previous auction was announced; and immediately recovered when it became known that a single bidder had bought all the coins.  Most people concluded from that fact that the closing price was above market.  Tim Draper's statements further reassured them that the coins would not be dumped on the open market.

I did not see any significant drop this time.  Perhaps the market now assumes that such auctions will have no net effect, and ignores them.

On the other hand, there is no guarantee that all the coins will again be scooped by a single bidder.  So far, Tim Draper got a huge paper loss on that purchase, and it seems that he will only enter a syndicate this time (meaning that he intends to bid for less than one lot).  Some of these 50'000 coins may be bought, well below-market, by short-term traders who will promptly dump them for quick profit.  If the coins go to several bidders, the mere suspicion that some may be dumpers may be enough to trigger a drop.

so the next 144 hours are critical to bitcoin... !!!!

How long after the last auction did Draper actually receive his coins? I would guess it took a few days (if not a week or more).



278. Post 9700791 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: Newbie1022 on November 30, 2014, 07:04:15 PM
Anyone else watching that bot on finex? It's doing 0.21 (~$80) market buys every 7 seconds trying to keep the price up

Bots are nothing new. They just do what the buyers and sellers should. That is get the best price for a position.

I think these bots, at least ones so blatant, are bad for the image of BTC. We really do need to get away from bucket-shop exchanges. I, honestly, think we'd have a higher price if the exchanges were more legitimate. That said, in the near term, it has solved the query of whether the price is going up or going down in the near term. So, I'm personally kind of chill with it. But, BFX is a total bucket shop.

It is just a regular user with a trading bot operating via the bitfinex API. I fail to see how that is bad for the image of BTC. Having 'child porn' listed as a use on the Wikipedia page is bad for the image.

In any case all legitimate trading exchanges are now front-run by HFT firms and are corrupted in this regard.

So, you don't think that it is an internal BFX bot. See, I'm thinking it is a BFX bot (FUD notice: I have no basis for this, just looks and feels that way to me).

This bot is all but discreet. Can't be a bitfinex bot.

Good thinking. Good point.

That's why this is the perfect disguise! Cool



279. Post 9701068 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.36h):

Quote from: Tzupy on November 30, 2014, 07:30:15 PM
Bitcoin anonymity undermined:
https://www.cryptocoinsnews.com/luxembourg-researchers-unmask-bitcoin-users/

I guess this is old news. The anonymous BTC-like crypto coin hype peaked months ago (DarkCoin, Monero, XC, NEOS + their clones + ZeroCash which never got finished/released in the form of ZeroCoin). They are way over the dump phase of the P$D. The anonymity hype seems to be dried up, at least for now.



280. Post 9742817 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.37h):

Quote from: jonoiv on December 04, 2014, 10:59:45 PM
63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .

So almost 65k BTC are being shorted right now?

Nope, the opposite. But that's just swap statistics, not necessarily active positions.


It feels like price wishes to crash, yet there some nice bid walls. What shall I do now?



281. Post 9769296 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.37h):

Quote from: ErisDiscordia on December 07, 2014, 07:22:39 PM
Satoshi has been found...again! and arrested, too! SELL! SELL! SELL!

http://nationalreport.net/bitcoin-satoshi-nakamoto-arrested-identity-revealed/

That paragraph about the Masturbation Dolphin -> It should have been a bear or a bull but still... LOL. Grin



282. Post 9778043 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: phoenix1 on December 08, 2014, 05:20:57 PM


Maybe they had the 100k BTC in an address, and the idea was going to be to send 50K split to the new winners, and 50K to a new storage address..... maybe one of the 2000 blocks did not sell? and so is being returned with the 50 k to a storage address?

(who knows though, i have not looked at this, nor thought about it very hard tbh ^ just first thing that comes to mind + I kinda lean towards thinking the lots would all sell, so probably some other explanation, actually thinking out loud here, but what is with the 4999.95 BTC amounts, if they were all going to be distributed to winners, would that mean that winners all won 5K ie 2k+3k bids? if that is the case then seems all very symmetrical to me)

I thought of that, but did not want to come across as a permabear troll FUD spreader! Like you, I also think it is unlikely. Why hold back 2k?
Yeh, the distribution is also wierdly symmetrical  Undecided

What bug me is that it seems like they deducted the relatively fat txfree from the winners instead of paying it from their own pockets...?



283. Post 9780249 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: Richy_T on December 08, 2014, 09:21:33 PM
It also seems like there are several members of our little group who don't understand how Bitcoin change addresses work.

If you know how to define a custom txfee then you probably know how to define the original sending address as change address (to avoid this kind of confusion).



284. Post 9791464 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: phoenix1 on December 09, 2014, 11:28:01 PM
You still gong for $500 by Dec 15th ??

Oh lol, I am going to the airport that day to pick up somebody who failed to start a new dream-life from scratch in a foreign country. Grin

Quote from: billyjoeallen on December 09, 2014, 11:33:32 PM
To be fair, that includes the recovery from my upside down short, but I think it counts.

Similar here. But no, I don't think it counts.



285. Post 9805534 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: LFC_Bitcoin on December 11, 2014, 09:46:15 AM
At least we seem to have stopped that ridiculous slide in the price.

And it stopped my short (open: 370, target: 328, stop: 350 since 340 got hit), I went to sleep right before the re-bounce. Embarrassed



286. Post 9807432 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: NotLambchop on December 11, 2014, 02:23:57 PM
Looks like the bears didn't get what they wanted.
We hit the bottom & have slightly rebounded since.

Thank you for not understanding what bears do Smiley



You mean...?




287. Post 9810641 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Ah, who could have possibly thought that this dump is coming...? Tongue (Well, I reopened my short @354 which got auto-closed @350 during the MS-pump-bounce.)

Quote from: Dilla on December 11, 2014, 08:30:36 PM
Dumps incoming, who's shorting?

Hold you short position! Down to double digits! (No, not really, my target is more like 323-328 depending on how I see fit at the moment or if it auto-closes again in my sleep in the 340 region.)



288. Post 9810718 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.38h):

Quote from: Blitz­ on December 11, 2014, 08:34:52 PM
Noone, because noone could have anticipated this based on history with PayPal, Dell, ...

Hope you enjoyed your little euphoric ejaculation. Now back to dire reality:

No, not really. I honestly don't enjoy this. And I am very well aware that I was gambling here.
90% of my time in BTC I was a hoarder or a holder. The long downtrend mixed with these kind of irrationalities made me overly pessimistic.
So please, keep remind me I should not be blindly pessimistic. Thank you. (No sarcasm intended.)

BTW, I blame this little crash on Peter Schiff.



289. Post 9812166 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: LFC_Bitcoin on December 11, 2014, 11:11:41 PM
Bilzerian what a legend.

offtopic: Is your nickname "Legendary FĪcked Coin - Bitcoin"? Grin



290. Post 9813144 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Brewins on December 12, 2014, 01:15:11 AM
End of pump. We are back to pre microsoft announcement levels.

I would better not imagine how dumps will be like if the microsoft pump happened to be so insignificant

I think this BTC->FIAT relay kind of adoption is still regarded as neutral or slightly bad news. It has a possibility to mobilize some sleeping coins (~get them dumped on the markets) while doesn't create instant demand. It won't be the case forever but it seems to be clear that it still is (at one point, it will start to build demand and the mobilizing power will descend). May be this was the last one of this kind (though I guess it wasn't).



291. Post 9823372 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: NotLambchop on December 13, 2014, 12:20:06 AM
3% credit card fees they neveractually have to pay

Who pays it then?
I know a PC shop owner who directly charges the exact VISA/Mastercard fees over the cash ticker prices if you draw out your plastic instead of your paper. (No, he doesn't accept BTC or gold/silver, it's a different story.)

--

LoL. What's this?
~1000 BTC sold on Bitstamp -> no price move anywhere (not even on stamp)
~100 BTC sold on Bitfinex -> price falls on finex and also starts dropping everywhere else on similarly low volume



292. Post 9823506 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: NotLambchop on December 13, 2014, 12:38:50 AM
^Bitcoiner logic:

>bitch about 3% credit card fees they neveractually have to pay
>pay 20% too much for Bitcoin AND buy it with credit card
Cheesy



Who pays it then?
I know a PC shop owner who directly charges the exact VISA/Mastercard fees over the cash ticker prices if you draw out your plastic instead of your paper. (No, he doesn't accept BTC or gold/silver, it's a different story.)
The merchant pays it (passing it on to the consumer by inflating the price).

Wait a minute...
Naturally, this was the obvious answer but ... weren't you supposed to be a troll and sh|t and thus deny this answer? Grin
Ah! I guess you finally managed to troll me by reverse-trolling. Grin Nice. Smiley



293. Post 9829380 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: fonsie on December 13, 2014, 04:06:15 PM
After doing some extensive "Academic" research the last couple of minutes, it seems that adoption of BRL is going backwards...

Have a look at the following graph and zoom out
https://www.google.com/finance?q=BRLUSD&ei=yhWMVLnJGYqowAPZ-oCAAw

Further proof
http://www.moneycontrol.com/news/rupee/brazilian-real-at-9-year-low_1251549.html

It seems that the BRL is dying and has no longterm success.

All the speculators that were holding onto BRL dumped, because they saw no future in it anymore, even the whales dumped.

If you bother to read the scales, BRL dropped 10% relative to USD, year to date.  I will not be so mean as to ask how BTC has fared in the same period.  

Oh, but kind sir, you should compare since 2008/2009. BTC wasn't invented in 2013, or did your brilliant mind forget that part.
I will not be so mean as to ask how BTC has fared in the same period.  



I'm starting to think that you have been shorting bitcoin since that guy bought pizza for 10000 BTC...  Grin

It wasn't Bitcoin which started to become the ultimate bubble, it was just the very first sign of The Great Pizza Crash which made it look like that. 99.9% of people failed to realize this because everybody loves pizza pizza, hence the surge in other BTC trading pairs. But these asymmetries will equalize. People will realize that not everybody loves pizza (and in fact, a really good pizza is extremely rare) and thus BTC is not there yet. Tongue



294. Post 9830976 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Tzupy on December 13, 2014, 05:15:19 PM
The is a bearish divergence in 1h MACD, and 4h MACD is still negative, while its divergence may flip to red soon.
A triangle is going to break soon, but there is a bit of upward momentum, so I'm not sure. But the next 6h are locally critical. Grin

I am still expecting a >=10$ positive spike before any massive dump (short-stop-hunting, bulltrap, whatyacallit/ever).
Both 4h and 1d MACD are undecided in my opinion. The 1d S-RSI is heading up from ~0, 4h S-RSI is halfway down already during low volume/drop.



295. Post 9831823 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: sherbyspark on December 13, 2014, 08:07:30 PM
The is a bearish divergence in 1h MACD, and 4h MACD is still negative, while its divergence may flip to red soon.
A triangle is going to break soon, but there is a bit of upward momentum, so I'm not sure. But the next 6h are locally critical. Grin

I am still expecting a >=10$ positive spike before any massive dump (short-stop-hunting, bulltrap, whatyacallit/ever).
Both 4h and 1d MACD are undecided in my opinion. The 1d S-RSI is heading up from ~0, 4h S-RSI is halfway down already during low volume/drop.

What massive dump? I don't think with the good news these days, there will be a dump soon.

* ... assuming (in theory) a massive dump is coming. It doesn't mean I personally expect one. I certainly wouldn't bet on it at the moment (I even closed my 2 days old short position today at a very small profit margin because of what I wrote above: I expect a tiny pump before anything else might happens). Although I think it's possible. Things looked pretty bad (that last before-MS dump had a potential to develop into a real slaughter) when the Microsoft news came into play. We are yet to see how much it matters right now.



296. Post 9849996 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

@blacky90 : I don't know. I like skinny women (the fashion model kind) but I don't find the content of that picture attractive at any way / rate.
------
Price is goind down with volume. Shocked
@findftp : Me too.



297. Post 9857190 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

It's getting a little boring how Zombi Bitstam and Fake China alternates between leading the dumps while BTC-E looks like a Rigged Futures market. Tongue



298. Post 9861448 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: adamstgBit on December 16, 2014, 11:21:54 PM
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!

I don't know. I did a similarly irrational thing. I moved the stop price of my short (average price ~347) lower (low enough to get triggered by random noise, lower than 347).



299. Post 9862997 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: BlindMayorBitcorn on December 17, 2014, 03:07:09 AM
This better be a mini bounce. I was promised $270 coins

Fewcoins promised ME $270 coins too Angry


Don't worry. In 2015 you'll get plenty of chances to buy sub $200 and sub $100 coins. You can buy as many as you like. People will be more than willing to sell.



I can wait

I won't. This is starting to look like an unfolding madness but there must be a rational end of it and I don't think that's <100 (probably >200 IMO).



300. Post 9865959 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Don't be stupid. It's becoming a bloodbath. But it's not Bitcoin's blood. It's yours. (If you happened to make a trading mistake, that is. But you knew you are going to be gambling, right...?)



301. Post 9866312 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Huobi is relentless as always.



302. Post 9866459 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

@ Jorge - Wait until my hobby-micro-enterprise start accepting it. Grin Hmm... no... wait. It does already but nobody ever cares (mid EU). I keep a public key on my phone just in case but 9/10 never heard about Bitcoin and others are mostly skeptics, 1/100 is a semi-serious holder (he won't "just spend it", he wants to hold it for a while and... I guess panic-sell at the bottom because he isn't that serious that he won't).



303. Post 9867424 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: octaft on December 17, 2014, 02:09:33 PM

Eh I tend not to short, rather just wait for some obvious signals to catch some knives, such as bulls shitting their pants (aka are already out) and 30k ask walls that are almost certainly being bought out by the person who put it up there to induce a pump and get a better price for his 30k. From the looks of the last month or so, I'd say he's probably taking advantage of those better prices, too.

EDIT: I stayed out recently because imo price was in no man's land, and I dislike mindless gambling. Could have just as easily gone up to 400 or so before going back down, and that would be painful for a short.

EDIT2: Eh probably not "just as easily," maybe more "a not completely unreasonable possibly."

I am always trying to catch the last moments before a relatively big dump and I periodically moving my stop price lower after every consecutive drops.
This is far from profit maximization (trying to catch the local bottom and might even go long for the expected bounce) but usually effective in minimizing the average loss (some loss is possible in case of relatively small and single dipping followed by a powerful bounce because the first stop is slightly above the base price).

But I am constantly worried if I will miss buying back close enough to the "real", longer term low. I have no effective safeguards against a powerful pump which manages to define a new uptrend. But I don't think it's that much of a risky right now.
Worst probable case: I won't get "rich" (very relative, I am doing OK and I am not addicted to wealth) but I make some nice profit anyway (considering my crypto trading hobby in itself).
Of course, the real worst case is an unbelievable scenario when somebody places a limit order above my stop price so high that I get instantly margin called (no sell orders to support my buying via stop). -> Should be possible but it's not likely, not these days anyway, I think (and I guess the exchange has some kind of safeguards against this, to make it more or less bearable).



304. Post 9868113 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.39h):

Quote from: pjviitas on December 17, 2014, 03:27:28 PM
$275 here we come

Have you engaged the BearWhaleBride for that festival you are you just hoping?



305. Post 9869108 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

What are the guesses about the state of the Active Swaps on Bitfinex?
I don't think this usual 5<x<10 USD/BTC asymmetry would be manageable in times like these if USD swaps were >>50% spent on >2:1 leverage ratios.



306. Post 9877470 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

This should bounce from here, right...? Roll Eyes
My short is still opened, I even increased the leverage ratio when it went up to 320 but turned back (Bitfinex). I feel like I should close it for now (~312).



307. Post 9882793 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Wary on December 18, 2014, 09:03:09 PM
Fun thought: The Ripple market now is like the Bitcoin market before shorting was possible on a substantial scale.

Yes, I mean that as: Ripple is in bubble mode and the burst will be spectacular, but I'm sure you can also derive the other implication Cheesy
I'm trying to figure out how introducing of shorting have changed the Bitcoin market. My guess is that leveraged trading should decrease amplitude of bubbles to the proportion of average leverage. So if most traders would go short/long 20:1,  Smiley then bubbles will be 20 times smaller.

Bitfinex trades produce significantly bigger deviations from the mean than Bitstamp trades while the visible parts of their orderbooks show a comparable depths.

Can you hide your orders on Bitstamp?



308. Post 9883823 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

Quote from: adamstgBit on December 19, 2014, 12:59:50 AM
everyone nervously waiting for the plunge?

I am bored. I was promised to see some really mad chaos but it's just boring.



309. Post 9884547 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

I just sold my 6001 (minus the mandatory 20) free STR for 0.205 BTC -> How can they keep up that pump with people like me (or worse, I could have had several giveaway entries, there was no identity check)? Huh

In the meantime, Huobi seemed to gear up for a big dump but still nothing. Undecided



310. Post 9913714 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.40h):

Quote from: cbeast on December 22, 2014, 11:02:19 AM
too dumb to use the metric system

That's just arrogance (on their part; inherited from the UK along with their system itself), not stupidity.



311. Post 9944782 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.41h):

Quote from: samson on December 25, 2014, 09:45:00 PM
So what USD Value do you think a Bitcoin would be cheap ?

~100$



312. Post 9953507 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.41h):

Quote from: Brewins on December 27, 2014, 01:12:03 AM
U know, chinese exchanges don't have dollar prices

https://www.okcoin.com/market.do



313. Post 10027056 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.43h):

Quote from: Kipsy89 on January 03, 2015, 09:26:02 PM
bitcoin still faster than sepa

Gotta say that SEPA is quite, fast, though... I mean the delays are mostly because banks are too tired to clear the transactions multiple times a day, I guess. They could be much faster if they wanted to, of course...

I believe they are making these things as slow as bearable to make it look like some very complicated task rather than a simple automated number crunching in a database to make some people think transfer fees are cheap (and that there is some hard work behind any kind of progress when they make it a little bit faster).
------
BTW It's a nice bloodbath over there (USD/BTC). Thank you for inviting my short position to the party. Smiley



314. Post 10030505 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.43h):

Quote from: coinableS on January 04, 2015, 04:14:34 AM
How can there be so many people be shorting at this price?



How does this chart calculates the USD equivalent of the BTC swaps: sum(BTC*price) or sum(BTC)*price? (Not every borrowed BTC was sold at the same price.)



315. Post 10052819 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.44h):

Quote from: BlindMayorBitcorn on January 06, 2015, 01:32:22 AM
I really doubt Stamp has to resort to market buys to get that BTC. They probably can buy it in bulk from one of their partners. 19K is a lot, but not a crazy amount either.

True. I thought about this after I said it. They could probably just buy from a mine or a private seller

Bitstamp used to do business directly with Bitfinex.

This article says Bitfinex used to include the Bitstamp order book in their own order book for liquidity purposes. In other words, they were arbitraging between themselves and Bitstamp.

http://bitcoinvista.com/2014/06/12/the-bitcoin-trading-platform-bitfinex-is-distancing-themselves-from-bitstamp/

Thinking about it Bitstamp could probably do a deal directly with Bitfinex or other companies they have connections to.

They could just call this guy:



Or wait for the next USMS auction...



316. Post 10099762 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.45h):

Quote from: ChartBuddy on January 10, 2015, 03:00:11 AM
Bitfinex

Bitstamp

Explanation


I think you should arrange them horizontally and include some other exchanges as well (until they fill a 1440 or even 1920 pixel wide screen in a windowed-fullscreen browser).



317. Post 10100920 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.45h):

Quote from: POM on January 10, 2015, 08:46:06 AM
hop on the train to $270  Cool

I guess it's going significantly lower than that. Shocked



318. Post 10142228 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.47h):

Quote from: Tzupy on January 13, 2015, 08:36:50 PM


It always found it's way back since the pump in November. Up to this moment, it seems to be recovering faster than ever. Even as high as 280 USD would be possible at this rate.




319. Post 10162736 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.49h):

Quote from: poncho32 on January 15, 2015, 10:59:33 AM
What's going on guys? Is it proving BTC be a P&D coin?

Like the poll says "what the fucking shit is going on!".

The market got a hardreset and it's (re)booting now. Let's hope it will run smoothly.



320. Post 10169910 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.50h):

Topic poll -> I said this after seeing him in The Rise and Rise of Bitcoin movie: he is either retarded (probable), a heavy (mainly opiate-like) drug user (possible) or may be both.



321. Post 10193411 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.50h):

Quote from: Afrikoin on January 18, 2015, 07:59:23 AM
ETFs expected in 2015.

You forget, while we are all traders, we still have an eye (some of us) on the fundamentals. Who wouldn't?

Isn't the Winklevoss ETF IPO priced around 100 USD/BTC? Roll Eyes (Serious question, I could be misinformed by the wrong rumor.)



322. Post 10220898 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.51h):

Quote from: oda.krell on January 20, 2015, 06:31:00 PM

Good Guy NYSE, amirite?






So, what I gather is that some big banks practically opened up some accounts for Coinbase with a sum of 75M USD-IOU credit limit.
My guess is that Coinbase will never spend any of this money, so it's like it never existed at the first place, thus these banks made zero actual investments which cost them nothing. In the mean time, they could throw around huge numbers and let their names seen by many bitcoiners as "the wise banks". -> A really cheap investment and advertisement at the same time. Smiley
How will this help Bitcoin or it's market price? -> I think it was meant to trigger an "acceptance fractal" (a nice news-pump followed by a bigger non-news dump). But I am skeptic about the pump this time since the pumps got smaller and smaller while dumps got devastatingly huge lately, so the best it probably achieves now is taking away my 113 USD monthly target, so lost-lost (no "MOON" into any directions but to the right side).



323. Post 10230737 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.51h):

Quote from: Blitz­ on January 21, 2015, 04:32:40 PM
For all those doubting how amateurish and criminal our exchanges are, tune in yourself: http://vocaroo.com/i/s1JIOjeIjWbN

A professional criminal would never slip up, and an honest amateur would not do this. But when you combine both, you get the clusterfuck we have.

I was listening on TS when these discussions took place (both the original and the following shitstorm) and I don't think there is any real problem with him or his activities at this point.
It's one of those things when everybody can be 99.9% sure about something and doesn't really care (they accept it as a part of "the game") but they want to brutally execute the man on the spot as soon as he admits it.
I for one, appreciate his honesty and I like his style. I am somewhat similar in this regard and I also got into trouble by similar behavior a few times (I refused to deny my obvious activities unlike everybody else, even though nobody was dumb enough to believe the others are innocent).



324. Post 10281499 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.53h):

Quote from: YourMother on January 27, 2015, 08:14:01 PM
California Regulator: Coinbase Exchange 'Not Regulated or Licensed'

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/

The only thing that is missing is a pump based on logo update.


Delete that post ASAP or prepare for the consequences! Tongue



325. Post 10314206 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_13.55h):

Quote from: gotmilk_ on January 30, 2015, 10:03:49 PM
I am thinking of opening an account on bitfinex, unless somebody advises against it, if not would anybody have a referred code for it? thanks

Bitfinex with their inside trading (manipulating).. could be new Gox soon. So yah, deposit only as much as you are willing to risk.

You logic doesn't make sense to me.
Assuming their insider information really helps them to gain an effective advantage and thus continuously make them money then you should assume they want to keep this operation running (as is) as long as possible. Why would you assume they are and will continue to constantly loosing money while trying to exploit their presumed (but technically proven to be ineffective) advantage (assuming they make more losses than profits) or choose to steal everything (thus becoming actual criminals) rather than continuing an already profitable operation (without effective legal problems)?

I think the Gox insider trading (Markus/Willy) was presumed to be a last (failed) attempt to recover funds which had been lost already (due to an earlier hack). But the new theories tend to think otherwise (those bots didn't belong to Karpeles but a [inside or outside] hacker who used them to steal the funds).



326. Post 10924448 (copy this link) (by janos666) (scraped on 2020-04-04_Sat_14.07h):

Quote from: shmadz on March 29, 2015, 07:56:57 PM



Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?

I'm not a trader, but I'd like to submit a guess?



Am I close? Or just being hopeful?

Well, my guess is something like this: