All posts made by vokain in Bitcointalk.org's Wall Observer thread
1.
Post 2207248 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_10.59h):
Has anyone else noticed that when there's memes or GIFs in this thread, that the their implied predictions more often than not tend to be dead wrong, or at least mildly wrong..?
I wonder if that's something to do with the emotional traders, who are not logical and robotic enough, that resort to unrelated past experiences to justify their beliefs. .
Alas, let's see what tomorrow holds!
I think they're just meant to be sarcastically ironic and funny, GIFs aren't that deep
2.
Post 2357064 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.01h):
Meanwhile at the Bitcoin market
how did you find this??
3.
Post 2421680 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.03h):
4.
Post 2435629 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.03h):
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.
Be careful, they will tell you the opposite they think is going to happen to take your money
LOL. This doesn't apply to me, plus I'm small-time. If I say something that turns out false, then I was just plain wrong, not trying to trick people.
edit: but yeah, I know what you mean. Sometimes I think that too.
damn, reverse-reverse psych. I like your technique good sir
5.
Post 2440256 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.03h):
Isn't that gambling, defined? Some day traders do more than simply watch the price & ignore past performance etc.
...You only saw the massive swing from doubles to 250+ because of a huge influx of new players. If that phenomenon never happens again, you can completely forget about ever seeing $200B again, let alone higher.
+1 Couldn't agree more
So to rephrase it in a more positive light, aren't you also saying that all BTC needs is a huge influx of new players for a massive swing from the low $100B to $200B+ again?
Or massive inflation
6.
Post 2567049 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.06h):
^give it half a year, markets/gov will continue to crumble bit by bit. right now bitcoin is currently in the fear/desperation phase but there will be very few avenues of escape for the world financial markets when we get consumed by debt and deflate hard.
Also, keep in mind we don't need the US government for Bitcoin's success
7.
Post 2571941 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.06h):
(...) right now bitcoin is currently in the fear/desperation phase (...)
The sentiment I get from the average bitcoiners is more like
"This is a temporary setback, but we are still going to da moooooon!"
but there will be very few avenues of escape for the world financial markets when we get consumed by debt and deflate hard.
Could you explain that? How a dollar deflation is supposed to boost Bitcoin in any way?
Well, as people risk off, I imagine they buy dollars. Dollar value will go up, which SHOULD bring XRP price down, but at the same time, there are other factors at play here my friend. Risk in financial markets pushes people to alternatives...treasuries are up but they suck and qe isnt over it is just tapering so why not btc which isn't a part of the failing global political and economic system?
8.
Post 2600551 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.07h):
^ Gox just put a full page ad in the g8 summit.
If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
I think it may have been a little to bold of a move.
Yes. They painted a target for the bankster-complex to aim at, not only on their backs, but on their faces too.
I absolutely
abhor MtGox right now
9.
Post 2619587 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.07h):
Trying for a breakout as we speak.
triangle closing finally?
10.
Post 2651567 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.08h):
Time for another short, or is it going to bounce higher?
Europeans are waking up to good news from Gox, expect a short rally.
Really man, do you think especially Europeans or traders in general give a shit about that "news"?
In any case, what will happen is that now US people will hurry to send their coins to Gox in order to exchange them for fiat and try Gox's new "withdrawal skills"
we already know they still can't handle the volume of withdrawals. this is contrasted to two weeks ago when they couldn't process them at all. progress!
11.
Post 2692398 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.09h):
Gee, I just realized how crazy this is going to be when/if the ETF launches. If this can be manipulated this easily, you should see how the wall st. guys push around gigantic market cap stocks within like 20 milliseconds just before another wall st. guy announces a downgrade. Bitcoin will get blown to bits the moment those guys even start to take it seriously.
who says wall st guys aren't pushing bitcoin around right now?
12.
Post 2692431 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.09h):
Gee, I just realized how crazy this is going to be when/if the ETF launches. If this can be manipulated this easily, you should see how the wall st. guys push around gigantic market cap stocks within like 20 milliseconds just before another wall st. guy announces a downgrade. Bitcoin will get blown to bits the moment those guys even start to take it seriously.
who says wall st guys aren't pushing bitcoin around right now?
because they have no interest in a shitty small market like this? if this can even be considered a market, it's just a matchmakers service really.
if there's money to be made, they'll be here. perhaps not large institutions but individual traders that have wall st experience, why wouldn't they?
13.
Post 2693035 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.09h):
i like that
14.
Post 2693062 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.09h):
There's still so much fiat on the sidelines from the drop from 100s, dont forget. I doubt most of it got withdrawn
15.
Post 2693071 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.09h):
Not to be a douchebag, but isn't that what chartbuddy is doing already?
yea sure, but chartbuddy does it on a very short timespan and in 3d.
i meant more a chart where wall situation is integrated in a 2d chart over a longer period of time.
perhaps this is bs as i'm not sure how that could be displayed in order to get some useful information out of it.
I do not like chartbuddy, resolution imo is horrible
16.
Post 2710263 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Another day ends at MtGox.
“Every real story is a never ending story.”
17.
Post 2711575 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Bitcoin is a GOD. It can't be stopped by mere mortals selling their souls for filthy fiat!
I, for one, welcome our Bitcoin overlords.
18.
Post 2712006 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
still not buying here since 68
neither do I, and I hope we make the right choice
...for me
19.
Post 2712066 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
People are seeming to think that we have already cleared our way out of the bear market - this is not the case.
We wont clear it until we get to at least 120... still quite some work to do before we can start dancing in the street.
bears you hear that? keep selling!
20.
Post 2712087 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
That "prediction" was already invalidated briefly after it was made I remember. I should probably modify it to "No more sustained triple digits in 2013" whereas sustained could refer to either time (maybe 2 weeks?) or volume. I honestly don't see us trading above 100 for anything more than a spike.
Triple digits is a thing of the past.
You just don't give up do you?
He has a bear avatar, it's his identity.
Nothing wrong with being a bear. A moderator who constantly spreads total BS and fud based on nothing, yes that's wrong.
He already looks like a damn joker now but he apparently doesn't care.
He just ignores it and keeps on spreading his fud.
that was my beef against him, since he is a face of this community and represents us. there should be a neutrality rule on part of the staff, especially in the speculation forum. he is a long term bull though.
21.
Post 2712165 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Nothing wrong with being a bear. A moderator who constantly spreads total BS and fud based on nothing, yes that's wrong.
He already looks like a damn joker now but he apparently doesn't care.
He just ignores it and keeps on spreading his fud.
that was my beef against him, since he is a face of this community and represents us. there should be a neutrality rule on part of the staff, especially in the speculation forum. he is a long term bull though.
Long term bull = "Neutral"?
As in, a moderator should probably refrain from making remarks that could affect people's decision making in the speculation forum. Echoing bear bear bear (or bull bull bull for that matter) is not being moderate. It'd also be different if bearish sentiment
didn't comprise the majority of his recent posts.
that was my beef against him, since he is a face of this community and represents us. there should be a neutrality rule on part of the staff, especially in the speculation forum. he is a long term bull though.
Did he ever say Bitcoin was doomed to fail? No.
Did he ever say the blockchain is going to be bloated and unusable? No.
What about the ease of use? The market share?
No, really, not a single drop of FUD.
He criticised the
price, which has nothing to do with the usefulness of Bitcoin.
Bitcoin could work just as well even if it was $1 per unit.
I agree. I just don't like this from a moderator:
The price declined just fine without me posting here, so I hope you guys can acknowledge that I do this simply because it's fun.
22.
Post 2712403 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
haha why didn't i rebuy at 65.5
Why.
I still havent bought in. QQ
Because a mod and a few other clowns told you we would hit 30 guaranteed?
I think we are all influenced to an extent by what others say. The main influence though, was the charts.
I didn't think the bounce, if I can even call it that now, would be so strong. I'm still above where I sold at
but barely so. And to think I called the last 4 big bounces, though the one at 68 hurts the most.
Now we sit at a very critical level, moreso than 90 and things are looking a bit bullish. We break through
this 100 level and anything is possible (but I'd still say we are in a mid term downtrend.)
Long term bull like most of the guys here. Go BTC (just not yet please)
The price had crashed significantly (>40%) without any fundamental shift.
THEN the whole forum starts shouting about how we are going lower and "we have not seen capitulation yet".
They even started posting charts of where we "should be", where we "must go", and where they would buy in.
OK, the trend may be your friend.... but really?
The trend seems to be that everyone wants bitcoins at whatever the (moral) cost, whether that be creating
"collective investment vehicles" or deluding fellow market participants to sell at artificially low prices.
23.
Post 2712454 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Time to buy now?
I am back to the forums because I am schocked that I missed to buy btc early enough ?
Forums will not make you accept the right decision. They are usefull if you are manipulator or can 100% think out of your thoughts not influenced by others, which no weak hand can. So, with forums you will only be even more confused and you will do unrational decisions.
qft
24.
Post 2712461 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Time to buy now?
I am back to the forums because I am schocked that I missed to buy btc early enough ?
they are counting on that me thinks.
The 50k coins bought by whales have to be unloaded somewhere and its going to be dumped as its not in the order books currently..
they'll dump it if they know they can recover that 50+k later. that's the only way they'll do it.
25.
Post 2712490 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
[1]The problem, as stated before, with TA and BTC is that it is a small market and easily affected/manipulated by a few cats with lots of money.
A learning lesson for all of us, is to be careful how much we let the posts here affect us all. We (including me) have no one to blame but ourselves. Don't direct emotional upset outwards, it all comes back to you.
[2]I even have a paid service and a part of the reason I didn't get back in at 68 was because of them "yelling" 50 is close. I just won't renew... You can "do" the same...
1. Then it was obvious TA shouldn't have been given as heavy of a consideration as many gave it.
2. try cypherdoc instead
his perspective which is different than waveaddicts might be what we all need here (long term vision!!!). I swear the average forum user here has the attention span of a gnat
26.
Post 2712506 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
frozenlock you consistent bastard you
Potential head and shoulders (not confirmed yet)
27.
Post 2712549 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
I do love the atmosphere in a bull market much more than I do the bear
we're just so much more agreeable to each other
28.
Post 2712568 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
I might sell in a few days,
but a happy long I am now
29.
Post 2712590 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
missed the bottom, and was sooo convinced we were still in downtrend, that I broke my own rules, and didn't buy back in when it passed where I had originally sold. Look out for than damn greed, it clouds judgement!
hey it worked against me the exact other way not too long before it happened to you
30.
Post 2712632 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
missed the bottom, and was sooo convinced we were still in downtrend, that I broke my own rules, and didn't buy back in when it passed where I had originally sold. Look out for than damn greed, it clouds judgement!
you can't be chicken shit in this game bro... grow a pair
exactly what I learned. I was down five figures. Then I doubled down haha. You just got to learn from your mistakes, and
QUICKLY
31.
Post 2712653 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
What's up with this?
Clearly a large buy, not sell? Am I not understanding something?
relatively small sale against the ONGOING ONSLAUGHT OF THE BULLS
32.
Post 2712888 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
What's up with this?
Clearly a large buy, not sell? Am I not understanding something?
relatively small sale against the ONGOING ONSLAUGHT OF THE BULLS
It's getting larger by the minute.
I would suggest you go all in now if you are a ideological bull
I will once the bears finish their selling :p
33.
Post 2712905 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
1800 dump
what was that? wake me up when we get 10k sell wall dumps that sustain other dumpers
34.
Post 2712981 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
[1]The problem, as stated before, with TA and BTC is that it is a small market and easily affected/manipulated by a few cats with lots of money.
A learning lesson for all of us, is to be careful how much we let the posts here affect us all. We (including me) have no one to blame but ourselves. Don't direct emotional upset outwards, it all comes back to you.
[2]I even have a paid service and a part of the reason I didn't get back in at 68 was because of them "yelling" 50 is close. I just won't renew... You can "do" the same...
1. Then it was obvious TA shouldn't have been given as heavy of a consideration as many gave it.
2. try cypherdoc instead
his perspective which is different than waveaddicts might be what we all need here (long term vision!!!). I swear the average forum user here has the attention span of a gnat
Regarding TA, actually it is the opposite. I called the 4 bounces coming down and just didn't enter as I was worried about a big seller coming. Had I just went with the TA and been conservative, I would
have raised my fiat by 50%. If I had been aggressive and just followed the charts I would have easily doubled my position, really. Ouch.
And today I was told to watch out for a break above 92, I did watch, it broke and I bought. Sold back out for a small loss.
So is it but eventually I'll be back in and mostly for good.
it's okay i needed some excitement in my life this long summer too
)
35.
Post 2713210 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Really interesting, we are (obviously) at a key spot. I didn't draw that green line, that is the price
We are overbought I'd say, very much so after the last big "bounce". And the candle appears like it was "pushed" down to the current level.
Up or Down? I really say down, but can feel the psychological push up.
http://i42.tinypic.com/2j2ymad.pngso why down, IAS?
36.
Post 2713308 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
50k coins up to $110 on Gox
Go any ideas who might want to push panic buying up into that wall <scratch head thoughtfully>
Ah ... I got an idea ... the bloke that pushed us up from the $70's to here
Just a thought ...
I panic bought in, surely hope that he will do it. Although this whole rally makes me scratch my head.
Why should it? Versus in 2011, we thought we were going to go down past $2 because we thought bitcoin was over, here in 2013 we passed the two year old ATH of $32, and we're staying above it at this point in time. we know full well now bitcoin is not over, when it is in fact is making huge leaps in the background.
37.
Post 2713416 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
I can't imagine early adopters trying to bring the price back down though and if they already didn't sell, why do so now?
Well, because as an early adopter I might hold 50,000 coins in my cold wallet and like to play rollercoaster with about 10,000 coins - play money.
farfetched, if they held it this long it is no longer play money my friend. this is very useful trading capital in a small market. Every move is going to be calculated to maximize the holder's advantage. i also imagine specialists are in this market by now, considering the Winklevosses' investment.
see:
http://www.investopedia.com/university/electronictrading/trading2.asp
38.
Post 2713443 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
...
So big buys trigger new price levels, this is enlightening. Or did you try to convey something else?
You are so smart ..
That was a serious question, you posted a screenshot with no explaination, what were you trying to show?
i suppose he wanted to point out, that the three big buys happenend in nearly constant intervals?
you can watch that quite often (saw same thing last month, some whales seem to like regularity), it's nice to recognize but i wouldn't recommend solely relying on it.
according to whale's schedule next buy could come in about half an hour...or not...
whatever i don't buy that whole thing...whales drove us down and now they lift us up within 2 weeks...and they surely made good profit from it.
so why not drive us down at 105 to 110$ again?
you can just surf the waves or stand aside and enjoy the show while holding your stash.
When you own 200,000BTC, there are only a few things you can do to increase your percentage
39.
Post 2713478 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
40.
Post 2713501 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
41.
Post 2713541 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
This rally left many of us scratching heads, with single large buys setting new price level, and no profit taking 'yet'.
The road ahead is steeper requiring more heavy $ while USD coming in btc decreasing substantially. I believe saturation point is not far and big boys are just waiting for buy side to fill up before dumping starts, as currently 10k sell brings us back to 85.
would you sell if you didn't think you could buy back your 10k BTC at a profit? I wouldn't.
think about it,
Flash dump the wrong way, sure you might attract some sellers to go with you, but will you convince enough sellers so that you can buy back your position without a loss? pshh. don't forget about the bulls buying into your dump as a result of the lower prices (supply/demand don't forget!), taking up your position.
i dont think they will cry much if they have 1k bitcoins more or less.
I would. The name of this game is increasing the amount of bitcoins you have in the long term. if you don't get that then you're a weak hand.
this is gambling, nobody wins 100% time.
This is not simply gambling against chance like roulette or dice. This is controlling your risk and affecting your outcomes to maximize some sort of objective, which in this realm is acquiring more bitcoins. Betting blindly on what people are posting on this forum is bad gambling. Affecting the amount people are going to behave by dumping btc/usd considering certain conditions and betting on that is good gambling.
42.
Post 2713572 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
it is gambling because you don't know what will happen tomorrow. And everything can happen.
the prudent gambler doesn't care about what will happen tomorrow, if he knows what will happen in 2-5 years
43.
Post 2713575 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
so mad i didn't buy back in at 80 right now
not too late, what's a few % of a bull trend?
44.
Post 2713611 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
it is gambling because you don't know what will happen tomorrow. And everything can happen.
the prudent gambler doesn't care about what will happen tomorrow, if he knows
what will happen in 2-5 years this is not called gambling.
I'm gambling on my future you see, by forgoing the use of my capital now.
45.
Post 2713619 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
^eat them up
46.
Post 2713645 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Went all-in at $20.
Never sold, now I see it was a mistake. I could have easily doubled my holdings if I sold when I thought I should have, but I didn't just because I didn't even want to have the hassle to send coins to Gox.
There is a big difference in holding 300 or 600 coins, guys.
hindsight bro and you're not considering other price entry points. what if you bought at 90, sold at 80, and missed buying back in at 60-70? it's not as easy as you think!!
47.
Post 2713691 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
hindsight bro and you're not considering other price entry points. what if you bought at 90, sold at 80, and missed buying back in at 60-70? it's not as easy as you think!!
If you bought @ 90, why should you sell @ 80? Makes no sense
Makes no sense unless you're one of the panickers that sold recently. they wanted to catch cheaper coins. haha it was a bad example but the point i was trying to make is that it's hard to time bottoms and it's hard to time tops. looking back it would've been easy to think that hey, i should've sold at $240, what was i thinking, when at that point you were afraid to lose any upside gains if we were to keep going up, the reason why you held, right?
48.
Post 2713713 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Makes no sense unless you're one of the panickers that sold recently. they wanted to catch cheaper coins. haha it was a bad example but the point i was trying to make is that it's hard to time bottoms and it's hard to time tops. looking back it would've been easy to think that hey, i should've sold at $240, what was i thinking, when at that point you were afraid to lose any upside gains if we were to keep going up, the reason why you held, right?
Panickers are always loosing, thats life!
If I bought 10k today @ 90, I'd sell @ 190 at the latest. I wouldn't wait for the bubble burst.
hindsight!
49.
Post 2713777 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Nothing in life is easy it takes commitment and dedication.
You have two choices:
- You work for the money
- Money works for you
i like that a lot
50.
Post 2713815 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
and luck is all about increasing the opportunities you have for yourself
51.
Post 2713870 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Hope is the prerequisite for despair.
Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.
What stands out to me in that image is that the rebound high was made in early August ,snapback' move (long wick on the candle) and was not exceeded in the next couple of weeks before the downtrend continued in September . Looks like there was actually a 40% pullback during this period too.
Hold onto your hats
Or of course, we could be going to the moon ... today !!
how much time did we spend around $100 when we first broke it?
52.
Post 2713947 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
about a month if i recall correctly
53.
Post 2713983 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
so he wants us to go up
54.
Post 2713995 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Holy crap! Waking up to this !
Thank god I covered my shorts below $70. Wish I had held onto the long though ...
Oh well ... sidelined for now
Happy Bull Day people !
What service are you using to short? All the ones I have tried (1broker, bitfinex, icbit, 796) are lacking in terms of features. Kraken really needs to go live!
Plus500 ... it's CFDs
bitfinex, but someone recently took out the majority of their margin to short btc. I'll probably start lending my coins there in about a month
55.
Post 2714015 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
whales are just dipping their fins in the water
56.
Post 2714050 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If there is no selling into these bid walls i'm completely convinced of this trend reversal.
There were some sales into these walls and then they disappeared. So, no trend reversal
I seriously reckon that those are his 50k coins $110 and he wants to push us up there to take his very large profit for a couple of days whaling
what does "50k coins $110" mean in english?
nothing without the relevant descriptors. from the context I imagine the 50k buy from $70 is what he is referring to, wanting to push us to $110 for whatever reason. whether or not that was the action of one whale is left to the imagination
57.
Post 2714114 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
quick, dump 10000. see what happens!
*cue nomnomnomnomnomnoming*
58.
Post 2714156 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
what if those "big guys" never left and invited their HNW friends to come play?
59.
Post 2714227 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
what if those "big guys" never left and invited their HNW friends to come play?
but perhaps that's old news to you.
Just to add a few key transits at this time:
Uranus in Aries Square Sun in Capricorn (1 degree) - Shocking events to our practical everyday life at this time. An impulsive time and individually tested with how BTC functions, especially "at work" . You may want to act individually but would be better to remain calm and assertive. Use this time to further cultivate gifts. (My paraphrasing/mixing and I'd say this could be a rather challenging time for BTC but again, a good time to build a strong foundation.)
Jupiter is 1 degree from the 12th house (in Cancer) - This starts a dangerous time imo but also a time of spiritual renewal, as stated a few posts above:
Jupiter transits your twelfth house, benefiting activities that take place "behind the scenes" or otherwise privately. This is a cycle in which you become more compassionate, empathetic, and sensitive. Jupiter in the twelfth house is said to offer one spiritual protection. It's a cycle in which you can rid yourself of self-destructive tendencies, deep-seated fears, and deeply-ingrained tendencies towards guilty feelings, acting much like a guardian angel. You are more able to get in touch with your subconscious mind. Charity, giving anonymously, contributing to altruistic endeavors, volunteering, and helping others without expectation of reward will be most fulfilling during this cycle. Work that involves serving others may begin now and bring you much joy. Your dreaming world may be rich, lighter, helpful, and more intuitive. Meditation and retreats may be particularly beneficial to you now, acting to regenerate and invigorate you. You may pick up metaphysical studies, dream interpretation, or research during this cycle. Some people enter into a private romance during this cycle. In general, help seems to be there when you need it. You are building your faith now. This is a time of spiritual renewal.
I'd say BTC is building a foundation to move forward. A good time to lay low and stay out of the governments crosshairs. I don't expect much to happen this Summer, but again to take off later in the year. But anything, like good news, can change that.IAS
Coming up in a little more than a week, Mars transits 12th house and opposes itself, oh my...
60.
Post 2714246 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
Big guys are now waiting for asks to come up a bit than dump with 40%+ profit and see you next time to repeat.
i would do that. Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.
"There's no reason to just keep bitcoins", hahahahaha.
61.
Post 2714276 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
Big guys are now waiting for asks to come up a bit than dump with 40%+ profit and see you next time to repeat.
i would do that. Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.
"There's no reason to just keep bitcoins", hahahahaha.
There is, to sell them. Timeframe varies.
Selling to keep dollars is a bit different than selling to buy BTC again.
62.
Post 2714292 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
Big guys are now waiting for asks to come up a bit than dump with 40%+ profit and see you next time to repeat.
i would do that. Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.
"There's no reason to just keep bitcoins", hahahahaha.
Yes, you having few millions of dollars maybe would put all them in a currency that is very risky and have unknown future but maybe they wont.
Well if I had a few millions, never at any one point would I decide to put all of it into one commodity. THe money I would've put in is money that I don't need right away, and I would keep trading with it, hence, money in the market.
63.
Post 2714312 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
The astrology part has been really interesting and mostly spot on for a few months now.
And summer isn't over yet.
Same to me, it's very, very interesting. I noted Otoh's post about a glitch about to occur, right before the pirate collapse in 2012. I've been at least paying more attention to this esotericism
64.
Post 2714494 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
does the price follow the line or do the lines follow the price
65.
Post 2719837 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Unfortunately, the state of global economics has become quite a bit more complex than it was in the time of Cantillon/Smith... Despite what you might read on Zerohedge.
That's funny, the other day I was trying to put a face to chodpaba and Zerohedge showed up.
I'd agree things are a more complicated, but fortunately we can distill principals down to simple laws and if we can be objective we can build on the fundamental facts. While there is a lot to learn from the Monetarists, Chicago group, I, (if not we) now know centrally managed monetary inflation causes poverty not prosperity. (So it is ok to go back the 1700 century to build on the ideas that have stood the test of time.) Don't confuse the complexity with noise, It takes a genius to distill it and make it simple.
it's so easy to just lay off pricing mechanisms, like STOPPP
66.
Post 2720505 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
I like the looks of that chart
67.
Post 2722044 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Loozik is my new favorite member here
68.
Post 2722426 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
Loozik is my new favorite member here
You can be my favourite member here if you are a girl aged 18 - 30 and ready to learn new stuff
ah sorry, but perhaps you can talk to adam's girl
69.
Post 2722450 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
70.
Post 2723567 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
What do the charts tell you and what does a general assessment of the market psychology tell you IAS?
71.
Post 2740155 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.10h):
ATM everything is proceeding as expected.
Big bounce from the 200 day EMA, and then a longish period of "wait and see" (I said that as long as two weeks of sideways trading was expected, just as we had before the fast crash to $66).
Fiat in the order book increasing, coins decreasing. An important milestone will be the shipping of ASIC miners en mass. ATM they are just a few, and they still enjoy good profits. No need to dump all the coins on the market. That will change soon.
This is an interesting point I've been wondering about lately. I also believe they mentioned this on "Let's Talk Bitcoin" in the last week. What is going to happen with so many new mining rigs getting out there? The GPU miners will all off, almost there now.
I do wonder though, how many of these miners are just going to sit on their mined coins. The thing is, if many expect a downward movement in the price, then why not sell some while you can???
And what about all those coins already mined? Hmmmmm
Personally, I would probably sit on the coins, unless I was desperate for cash. Something about "owning" coins I've mined.
what is going to happen is that the new miners will make less bitcoins per GH, of that we can be sure.
72.
Post 2744060 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
problem is, allot of those miners won't get ROI for many months. Knowing this, I would expect most (except for those who took out loans) to choose to wait for higher prices before getting their fiat back.
Exactly, I dont see why on this forums people seem to think that miners want to get ROI as soon as possible. I think 90% of them will just mine and hoard, for years
Most of GPU miners didn't want ROI as soon as possible, as I explained earlier - they counted on reselling their GPUs, and they were mostly hobbyist. But I'm a miner myself, I know a lot of miners, I've seen in first person who are the customers of companies like KnC and how much they are spending, and you have to understand that this last media bubble exposed Bitcoin to a lot of new and uneducated people who run profit calculators at current difficulty (without having their miners yet), they do not even understand that difficulty is growing exponentially, and at the end of the day there is a "gold rush" in which a lot of new people is entering mining because they think they will get rich quick... So we have now a) a lot of individuals investing
money they cannot afford to lose on BTC miners, and as you surely know there is a "get-rich-quick" feeling on BTC - they think they will recoup their investment FAST, and this is why they are putting in this game more money they should; b) there are more and more "professional" miners that are investing money in mining with the only intention of generating profit - they will run their operations as a business. That people has to pay for huge electricity costs, renting of industrial places where they will host their operations, etc. etc. etc. A lot of fiat expenses to cover.
During the GPU era, I rarely saw a) and b) miners, most were small-time hobbyist, running their rigs in their bedrooms. During this change to ASIC, I'm seeing a lot of both a) and b). This people
needs to recoup fiat ASAP.
I can't imagine
too much of an influx of people that don't understand mining economics that spend money on anything more than a jalepeno.
73.
Post 2744651 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
This is the problem. Where did the get the money for all this shit. Asicminer can't sell, as they would crash the price and nobody would buy asicminer...they must first sell their stuff and then they can sell bitcoins. The prices in bitcoins seem high, as they know they can't sell 100k bitcoins at market price.
Great! a conspiracy theory, even though they 'were acting like a business and had to sell at the time' they didn't but when the price drops a little they will panic and sell it 'because they're a business'
maybe just more investors keep investing because its finite and you can store in your brain, so everyone hoards and everyones in on the conspiracy.
hah if i were them i'd sell the shares for BTC
74.
Post 2745078 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
bear trap
(or bull trap?)
Watch carefully and learn.
taking ms. market out to dinner before a night of reciprocating kink?
75.
Post 2745119 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
That means it's whale mating season.
hmm which way is easier to go...hmmmm
76.
Post 2745163 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
77.
Post 2745200 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
No matter which whale wins, there will be a feast.
in related news, apparently you can buy a hand-held harpoon for about $90 on amazon. did not know that!
78.
Post 2745211 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
No time, I'll be back on next week...
I will leave you with this
Back in 2011, every one thought I was nuts buying more and more as it went down lower and lower... and lower still.
They kept telling me its over, it was a scam .... LOL
People are starting to catch on
So much I like to believe you but in the last days bearish discussion seems to spread again and many are expecting another slide down at least in the short term.
and now you're again throwing that number in
.
A little more argumentation on your perspective would really be nice.
my 50/50 position feels quite good right now...
whatever...
yeaah 180!!! weeee....
$180 in (-)5 business days!!!
79.
Post 2745253 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
$180 in (-)5 business days!!!
is that your prediction or adam's? (haven't read too much through this thread during the weekend)
semi-long running joke
https://bitcointalk.org/index.php?topic=178336.17870i lost correct count clearly
80.
Post 2755634 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
again, I just wanted to publicly state my opinion that I
hate gox
81.
Post 2766320 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
Why is the volume so low? It's like the trading engine isn't working it is so low.
make a move
82.
Post 2769977 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
as soon as bitcoin solves its chicken and egg problem, $1000/coin is entirely possible.
ie, when people realize fiat shouldn't be and isn't worth what they think it was
83.
Post 2770878 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
well, I'm sure if they see bitcoin appreciation outpacing USD inflation, they'll eventually tend to hold bitcoins over dollars
84.
Post 2771978 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
getting steeper?
also, how do I run chartbuddy live?
85.
Post 2774724 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
again, how do I run my own chart buddy? I want to be able to shift time back and forth with it
86.
Post 2775441 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
No more triple digits means that 90s is expensive, and therefore we have much further to go down. Reptilia, this point in time is August 2011, not November 2011.
perhaps we conditioned ourselves to think ahead a bit sooner?
87.
Post 2777510 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
i've got a good feeling about this
88.
Post 2777927 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
Translation: "I have run out of any legitimate arguments in the face of overwhelming evidence, and instead will resort to fox news style spin of those negatives."
I'm not sure what language you speak, but it can't be English if you believe those are accurate translations.
Again, what "overwhelming evidence"? The price has dropped a lot and so therefore must continue? Nice one, brainbox! I'm so overwhelmed I almost can't bring myself to fin
The "evidence" the bears have been pointing to unisono is the pattern one can see on the 3 month chart. 3 x lower highs and 2 x lower lows. The idea is that this pattern will continue and next we'll see a lower low (<$67). One can even find similarities within the patterns and the predictive method used is extrapolation of the pattern.
I'm not ruling out a lower low. One would probably put it at $50 and incidentally we would then have reached the post-bubble low for a second time putting in a double bottom with extremely high volume and huge probability of a bounce there.
There would then (during the bounce back up) be talk of both reversal and bull trap / dead cat bounces.
If we subsequently break $50 after that, there will be the long-awaited capitulation. Bulls will be broken and people who didn't sell substantially post-bubble would start considering it and some will. People will leave the forums pissed off at this scam that is bitcoin and media will start some negative talk. There would be long squeezes of leveraged bulls who fell for the trap and downward accelleration. Raw irrational panic. People who were waiting for cheap coins will still be waiting, infected by the fear and panic and shocked their bearish dreams came true. They would
not buy until things turn around substantially. Many coins would change hands at the real bottom, however, and this is when real money is made.
I hope the bears are happy about me describing this fantasy. Again: I don't rule it out, but neither should the bears rule out the possibility we won't put in a new low below $67 and just sneak slowly sideways/up helped by good fundamentals.
There's no "evidence staring us in the eye". Noone knows, everyone believes.
+10
succint summary of our current state of affairs on this spec board
89.
Post 2778285 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
I think these figures reflect the ASICs reduced decentralisation situation rather than decreased interest in bitcoin. GPUs turned off or switched to litecoin, and much higher bitrate per node/miner, of which there are less? (sorry I couldn't shrink the images tried putting in many different places...)
no way
90.
Post 2788481 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
justice!!
91.
Post 2788654 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
ah they probably froze his account
what a feeling not being able to get your coins without submitting ID
92.
Post 2798651 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
Seems like everyone is on stand by until some kind of capitulation, but you know, things tend to go the other way when everyone is expecting the same thing.
who else would capitulate is my question
93.
Post 2798912 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
who else would capitulate is my question
Bears would, by returning from "all in fiat" to "50/50".
It's not like the bears could use their fiat for food, clothes, cars, utility bills or anything like that. Mt Gox has ensured that bears can only use their fiat to buy one thing: bitcoins!
94.
Post 2800602 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
inches....but progress!
95.
Post 2803496 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
I'm starting to get convinced that they've orchestrated a genuine trend reversal. Doing it like this, not allowing capitulation, might serve to reduce volatility. A gradual process on people becoming convinced that it's not going back to 80 again, means re-investment more evenly spread out.
silly idea?
or better question......would you sell right now? why or why not?
96.
Post 2804507 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
good consolidation team!
97.
Post 2806891 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
same
98.
Post 2807073 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
~$5M. not unmanageable, but compared to a few months ago it is quite a chunk of change
99.
Post 2807329 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.11h):
We have the standoff between a buying whale and sellers that are willing to dump at 96-97,
I believe mostly people who missed the train on the 19th July (I didn't, sold at 99 the day before).
If the buying whale makes another move today, up to 98 I believe, we'll find out if the sellers
get exhausted or not. If they do, the way to 100 and beyond is open IMO.
Don't be too preoccupied with the idea that only one entity in the world is accumulating bitcoins now, whereas the sellers are many. This is the age when the pros make their moves, and they don't necessarily use the exchanges at all, except for the purpose of price suppression. Bitcoin is quickly redeeming its place among gold and silver.
poor gold and silver, it's like now the two older siblings have to make room for the newborn in the family.
hi rpietila, hope you've been taking it easy!
100.
Post 2813019 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i think those sell walls are from people who bought cheaper at other exchanges to profit on gox. They wont sell this cheap because they will lose money and they will have money at gox which is even worse. I wouldn't do that and i hope they are smart enough to don't do this either.
Your theory doesn't make sense to me. Unless you're suggesting that this is a result of speculating arbitrage.
101.
Post 2813227 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
102.
Post 2814589 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
honestly what's a few tens of thousands of dollars
103.
Post 2815714 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i felt more 1337 when I was still playing CS
104.
Post 2815938 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Less than 250 readers on the Bitcoin subreddit, on a Saturday afternoon (US)!!
The hype is going down....
bitcoin is boring as of right now. what haven't we been used to at this point?
105.
Post 2816138 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
There is some exciting news that will materialize soon though.
tell tell!!
106.
Post 2816249 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
107.
Post 2817608 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Just in time to be fashionably 1337.
108.
Post 2817991 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
We did it. Bitcoin is stable
.
Chartbuddy will be alone in this thread forever.
this feels eerily of the period we had of the pirate@40 aftermath. just indecision and boring forum activity for months, then...
which leads me to think: I think I'm going to get off btc talk now, and get back to my life
109.
Post 2817998 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
someone is trying to keep the price up...price is at about 93...then placing bids at 95...blocks of 100s...
trying to keep up the price, or buying before the other waiting buyers below him?
110.
Post 2818057 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
We did it. Bitcoin is stable
.
Chartbuddy will be alone in this thread forever.
this feels eerily of the period we had of the pirate@40 aftermath. just indecision and boring forum activity for months, then...
What happened 'then' after the boredom ? I wasn't around to see it ...
excruciatingly slow climb back to the 2012 top in August ($16ish), then blast off, hesitating for juuuust a bit before the old ATH of $32, then shortly thereafter $266. To me, that 2012 top feels quite reminiscent of the $130, perhaps $160, region we fell to right after the most recent ATH.
http://bitcoincharts.com/charts/mtgoxUSD#czsg2012-08-03zeg2013-02-28ztgSzm1g10zm2g25zvSo I suppose I should enter in a guess: once we climb back towards $130, I assume the market rallies itself and launches back up as people will be afraid to sell because of the thought of missing out on higher prices. I assume at this point we'd get some heavy oscillations in price before we settle somewhere for a decent amount of time, then who knows. not a very serious guess of course, but I could see it.
111.
Post 2818088 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
someone is trying to keep the price up...price is at about 93...then placing bids at 95...blocks of 100s...
trying to keep up the price, or buying before the other waiting buyers below him?
I say the former, because the highest bid is 94.1...about to slip to 93...then bid for 200 is placed for 95.0 (a $1 gap up)...that's eaten up, back down to almost 93 and another 200 bid is placed for 95...then a few 10 bids for 94.999...you get the picture...
interesting..
It took 5 to 6 months for the June 2011 bubble to fully deflate and begin a new upturn...the June 2011 bubble is the most similar bubble to the present bubble...we have just past month 3 since the ATH so it is possible the bottom might not occur for several months yet...
I really don't think this bubble and the june 2011 bubble's market dynamics are that similar as many on this board lead us to believe. We thought Bitcoin was over as it was nearing $2. This is not the case now, rather we all know it's going to eventually go back up. It's a matter of deciding who's going to buy how many at what price right now provided purchases don't push us to the upside too much (see rally from 60s to $104), or even perhaps it's just simple indecision, versus "Ahhhh gotta get rid of all my coins before they're entirely worthless
" + "ahhh $2, buy when there's blood on the streets
"
112.
Post 2818132 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
We did it. Bitcoin is stable
.
Chartbuddy will be alone in this thread forever.
this feels eerily of the period we had of the pirate@40 aftermath. just indecision and boring forum activity for months, then...
What happened 'then' after the boredom ? I wasn't around to see it ...
excruciatingly slow climb back to the 2012 top in August ($16ish), then blast off, pausing for a bit before the old ATH of $32, $266. To me, that 2012 top feels quite reminiscent of the $130, perhaps $160, region we fell to right after the most recent ATH of $266.
http://bitcoincharts.com/charts/mtgoxUSD#czsg2012-08-03zeg2013-02-28ztgSzm1g10zm2g25zvSo I suppose I should enter in a guess: once we climb back towards $130, I assume the market rallies itself and launches back up as people will be afraid to sell because of the thought of missing out on higher prices. I assume at this point we'd get some heavy oscillations in price before we settle somewhere for a decent amount of time, then who knows. not a very serious guess of course, but I could see it.
Thanks ... yeah, that looked like a good time to take a break !
And this looks like it's going nowhere fast, probably not until the Gox issues get resolved <yawn>
Seeing as bitcoin awareness is a lot more prevalent versus anytime before, plus more people working on bitcoin, plus learning from what we already know, etc. etc., I imagine that the speed at which we progress through these price processes is accelerating at some pace.
113.
Post 2818165 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Well, it's still early days...what if we are at $20 rather than $95?
thennnnnnn I'd be finding work
and
possibly buying with whatever money i had, depending on the circumstances of why it's at $20. but y'know, "buy when there's blood on the streets"
114.
Post 2818506 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
what ever happened to coinlab?
115.
Post 2818575 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I say we are heading down in the next 2 or 3 days and hard. I just see it in the recent candles
The recent candles? When I look at the recent candles, I see green on the days with higher volume and red on the lower-volume days.
You missed one BIG obvious thing. We'll see what happens, but I'm calling a dark week.
mind sharing what, Its About Sharing?
also, going back in the historical data of the Money Flow Index indicator you refer to, we have seen it look like it's trending down before yet the price has gone up. Look back to October and end of December. MFI pointed down, yet price went up. This happened during a very, very slow grind back up towards the 2012 top of $16.
116.
Post 2818606 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Going back in the historical data of the Money Flow Index indicator you refer to, we have seen it look like it's trending down before yet the price has gone up. Look back to October and end of December. MFI pointed down, yet price went up. This happened during a very, very slow grind back up towards the 2012 top of $16.
I'll say one part, When is the last time we've had two red candles in a row?
June 26/27?
edit: also, a series of times post 2013 bubble.
also, while grinding up like we're grinding now
1/1-1/2
12/20-12/24
12/14-12/16
11/25-11/26
10/25-10/26
10/10-10/14 (four red days!)
There's a few more, but I'm too lazy, dating back to the August drop and subsequent grind up from, which I referred to a few posts back in
#26768I've asked this before, will the price follow the charts, or do the charts follow the price?
117.
Post 2818646 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Going back in the historical data of the Money Flow Index indicator you refer to, we have seen it look like it's trending down before yet the price has gone up. Look back to October and end of December. MFI pointed down, yet price went up. This happened during a very, very slow grind back up towards the 2012 top of $16.
I'll say one part, When is the last time we've had two red candles in a row?
June 26/27?
edit: also, a series of times post 2013 bubble.
also, while grinding up like we're grinding now
1/1-1/2
12/20-12/24
12/14-12/16
11/25-11/26
10/25-10/26
10/10-10/14 (four red days!)
There's a few more, but I'm too lazy, dating back to the August drop and subsequent grind up from, which I referred to a few posts back in
#26768I've asked this before, will the price follow the charts, or do the charts follow the price?
118.
Post 2818652 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Is this a bit of a reverse head and shoulders? Or too much angle?
I think the inverted head and shoulders is not a good one.
We need volume on the left shoulder and it isn't there.
We need an increase on the right shoulder and it isn't there.
This is rather a confirmation of my call down imo.
I don't think what you're suggesting fits into what you're suggesting, if you're feeling bearish. but yes, we lack the volume (although.. we have yet to break through..)
http://www.investopedia.com/terms/i/inverseheadandshoulders.asp
119.
Post 2818787 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Ah, I misread what you meant by that HnS chart and the text. weeee bit tired seeing as it's 6AM. my apologies
How I see it is the pressure is brewing. So question: where is it going to pop? The developments that have been taking place behind the scenes (of which you are aware, per the astro threads), are, to me, very bullish however.
So, considering that, it's too risky for me to be short of any sort at this particular point in time, especially when it's contradictory with how I personally analyze the market. Since my thinking is that we've been in a primary uptrend since pizza, with a few secondary down trends, (trend is your friend, etc) I understand that it's very risky to bet against the trend, even if trying to follow a secondary trend (as Charles Dow warned).the only way I'll sell is as we go up if we go up too fast ie on the climb of a bubble.
I am trying to learn some TA too, can never be a bad perspective to have. However, for some, focusing on and following a strict arbitrary mathematical rules can make certain people not focus as much as they should on considering the simple perspective of what's going on here. You do note that:
"One last thing, I follow some people using (advanced) mathematical systems (e.g. Gann, Elliot, Fib, etc.) and they aren't right any more than the simpletons that I see. It seems to be a toss up. Though, the really good players are probably not "playing" on the forums and such. "
So, it's probably a bit of both TA and psychology that the good major players implement. TA would be useful in determining pressure points and also in determining how people that use TA solely are going to react. But they also look at the market sentiment and future dynamics. "Would a series of dumps here make people panic?" "How should I accumulate without too much slippage" etc etc
I think my point is, either we can think like market makers, or we can be market easy targets. I do not believe for a second that the people that have influence in the market are following a TA trading system trying to scoop tops and bottoms like that of Goomboo's journal. Keep things simple and perhaps it's easier to see the market for what it really is
now, I need sleep, don't do anything crazy without me!!
120.
Post 2820016 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Pleasant thing to wake up to. Back to sleep. Nice post IAS
The mooooost important thing I've learned since doing this bitcoin a year and a half ago is learning to think for myself
By the way, after stumbling into astrology with yours and Otoh's threads, I looked into that Somner guy and watched a podcast of his with an A.T. Mann. For some reason I couldn't resist trying out a consultation at least once, and I chose a Life Time Reading from A.T. Mann and he summed up my life impeccably well. His theory is that we live life in a logarithmic scale and be pinpoints how I was conceived (ie how my parents felt, who chose what (I was unexpected and my parents weren't close!!!), how I grew up (very feminine household ie three sisters), etc with 100% accuracy. Things that you cannot find from Facebook etc. I was truly astounded. My future looks very interesting and I am quite happy I did it.
By the way Otoh did say the stars say second half of this month should be great, and not simply in regards to bitcoin
121.
Post 2820188 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
of course it was, who wouldn't sell a bit after a rise like that anticipating a pump and dump (me). smart move leaving that wall there. you can't buy much more than 6000 at once without pausing for a bit to let the market breathe and recollect unless you want a ton of slippage (while also using up your ammo needlessly)
122.
Post 2820428 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Pleasant thing to wake up to. Back to sleep. Nice post IAS
The mooooost important thing I've learned since doing this bitcoin a year and a half ago is learning to think for myself
By the way, after stumbling into astrology with yours and Otoh's threads, I looked into that Somner guy and watched a podcast of his with an A.T. Mann. For some reason I couldn't resist trying out a consultation at least once, and I chose a Life Time Reading from A.T. Mann and he summed up my life impeccably well. His theory is that we live life in a logarithmic scale and be pinpoints how I was conceived (ie how my parents felt, who chose what (I was unexpected and my parents weren't close!!!), how I grew up (very feminine household ie three sisters), etc with 100% accuracy. Things that you cannot find from Facebook etc. I was truly astounded. My future looks very interesting and I am quite happy I did it.
By the way Otoh did say the stars say second half of this month should be great, and not simply in regards to bitcoin
I didn't even realize AT Mann was alive as I assumed he was from a long while ago but just checked and he is only 69. That is amazing if you got a reading from him.
We should chip in and have him look at Bitcoin using Gann and Astrology? Was he expensive?
When you get a reading from an astrologer that is good/great, it can absolutely shock you. The trick is applying it to something like BTC, where the location is not even 100% knows...
Yeah dude, I was still skeptical before. Not anymore, and that's saying a lot. I was a born skeptic, science background etc. But, as any good scientist, my curiosity was piqued and I investigated it some more
I paid $200 for life time astro reading since he was willing to give me a student discount, normally $350. This is simply my anecdotal evidence, and seeing as it confirmed that there's something peculiar about the study of astrology, it warrants even more of my consideration now.
Btw, I sent in some coin to your Sommer reading because I appreciated it. I wouldn't mind seeing what Tad has to say about BTC as well, although, do you think it will be a bit redundant?
123.
Post 2820586 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Pleasant thing to wake up to. Back to sleep. Nice post IAS
The mooooost important thing I've learned since doing this bitcoin a year and a half ago is learning to think for myself
By the way, after stumbling into astrology with yours and Otoh's threads, I looked into that Somner guy and watched a podcast of his with an A.T. Mann. For some reason I couldn't resist trying out a consultation at least once, and I chose a Life Time Reading from A.T. Mann and he summed up my life impeccably well. His theory is that we live life in a logarithmic scale and be pinpoints how I was conceived (ie how my parents felt, who chose what (I was unexpected and my parents weren't close!!!), how I grew up (very feminine household ie three sisters), etc with 100% accuracy. Things that you cannot find from Facebook etc. I was truly astounded. My future looks very interesting and I am quite happy I did it.
By the way Otoh did say the stars say second half of this month should be great, and not simply in regards to bitcoin
I didn't even realize AT Mann was alive as I assumed he was from a long while ago but just checked and he is only 69. That is amazing if you got a reading from him.
We should chip in and have him look at Bitcoin using Gann and Astrology? Was he expensive?
When you get a reading from an astrologer that is good/great, it can absolutely shock you. The trick is applying it to something like BTC, where the location is not even 100% knows...
Yeah dude, I was still skeptical before. Not anymore, and that's saying a lot. I was a born skeptic, science background etc. But, as any good scientist, my curiosity was piqued and I investigated it some more
I paid $200 for life time astro reading since he was willing to give me a student discount, normally $350. This is simply my anecdotal evidence, and seeing as it confirmed that there's something peculiar about the study of astrology, it warrants even more of my consideration now.
Btw, I sent in some coin to your Sommer reading because I appreciated it. I wouldn't mind seeing what Tad has to say about BTC as well, although, do you think it will be a bit redundant?
My god. You can't be serious right?
but I am. I understand that daily horoscopes are typically very generalized and vague for a reason, they by nature have to be so people will enjoy them in the papers or whatever. but this isn't about daily horoscopes you see in the papers. i later learned that it's about more than simply a sun sign written by any self-proclaimed astrologer hired by a newspaper
the long, old history of esotericism is what interested me, because I'm an avid reader and I appreciate the arts, I see a lot of esotericism influence in those things, so i just wanted to understand mythology. So then i looked into the theory of (as above, so below), thought it was a neat idea, then I had a looksee at my natal charts (
http://www.chaosastrology.net/freeastrologyreports.cfm ----try it, why not), saw that there were strict mechanics into star reading, and it was quite accurate without being overly general. Pretty good for a scripted program. So then eventually I decided to put it to a small test with a professional astrology consultation, which was exact and specific. For a reason, it blew my mind and paradigm. Y'know, I take things for what they are. It has yet to be contradictory to me. At the very least, the perspective astrology uses is a very very neat way to look at things. There are some things in this world that aren't absolute.
At the moment I am looking into astrology, which seems indispensable for a proper understanding of mythology. There are strange and wondrous things in these lands of darkness. Please, don't worry about my wanderings in these infinitudes. I shall return laden with rich booty for our knowledge of the human psyche. ~Carl Jung
124.
Post 2820637 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
There is some exciting news that will materialize soon though.
hmmmmmmm
he ignored my post asking what that might be
or simply has not gotten to reading it yet
125.
Post 2820661 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
There is some exciting news that will materialize soon though.
the exciting news is that bitcoin is rallying, in line with our forecast :-)of course, I didnt think for one second than any substantial amount of money from $130 down was withdrawn back into bank accounts. There's still quite a bit of latent money sitting on sideline exchanges I imagine.
126.
Post 2820880 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Did that consultant inform you of the fact that your star sign is not actually your star sign? Something 99% of these scammers out there don't seem to realize.
A horoscope is an astrological forecast. The term is also used to describe a map of the zodiac at the time of one’s birth. The zodiac is divided into twelve zones of the sky, each named after the constellation that originally fell within its zone (Taurus, Leo, etc.). The apparent paths of the sun, the moon, and the major planets all fall within the zodiac. Because of the precession of the equinoxes, the equinox and solstice points have each moved westward about 30 degrees in the last 2,000 years. Thus, the zodiacal constellations named in ancient times no longer correspond to the segments of the zodiac represented by their signs. In short, had you been born at the same time on the same day of the year 2,000 years ago, you would have been born under a different sign.
In fact, there should be 13 signs, not 12. It is this fact of precession which has altered the very constellations from which masses "derive" their charts.
Precession of the equinox is caused by the fact that the axis of the earth's rotation (which causes day and night) and the axis of the earth's revolution around the sun (which marks the passage of each year) are not parallel. They are 23 l/2 degrees away from lining up; that is, the earth's axis of rotation is tilted. This tilt also causes our seasons, a fact that Ptolemy did understand but that many people do not understand even today. Ptolemy understood that the rotation axis of the earth was slowly precessing, or moving in a circle, with an angular radius of 23 1/2 degrees with a period of around 26,000 years. He deduced this from comparisons of data taken by the ancient Sumerians 2,000 years before his time. He did not understand what was pushing the precession, but he did understand the motion. We now realize that the sun is rotating with a period of around 30 days and that this causes the sun to bulge at the equator, which causes a torque to be exerted on the top like motion of the earth's day and night cycle. There is also a small 18.6-year variation caused by the moon's orbit around the earth, and the moon also has a small effect on precession; however, the sun's equatorial bulge is the main cause of the precession of the equinox, which is why your sign listed in the newspaper, by Sidney Omar for instance, in most cases is removed by one sign from the modern, actual position of the sun at your birth.
I think that was acknowledged for around 2 millenia now. Most astrologers acknowledge precession and do account for it. There's the whole sidereal vs tropical zodiac discussion which is worth investigating, because it addresses your argument. I just think astrology, at the very least, warrants some more consideration rather than just finding copy pasta online that fits into your current paradigm that no way astrology can work. I thought astrology was BS too, that they just either said general things to convince you or scheming. I'm sure some do, I also think humans are fallible and that's why there's so much inconsistency in astrology and as such, very easy to attempt to discredit.
http://en.wikipedia.org/wiki/Sidereal_and_tropical_astrologyand A.T. Mann does take into account precession. Possibly why he was so good at reading me? I don't know, but like I said, it was simply astonishing to witness the way he determined all those things about how I was conceived and grew up with 100% accuracy like that. I did not give him any clues, yet he corroborated everything with what my mom has told me about my prenatal story. simply my anecdotal evidence and a plea to explore more that of which you do not know or understand fully. there's no harm in knowing more, at least. you never know what you're missing when you close yourself off. besides, it's such a fun way to look at things
127.
Post 2820911 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Getting a personal reading is not how a scientist investigates something. For Christ's sake.
Also, these buys are interesting. It'd be really nice if the withdrawal issue wasn't here to cloud things up
http://en.wikipedia.org/wiki/Kary_Mulliswhat a peculiar and contradictory guy htough
128.
Post 2821120 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I've made this report for myself:
http://www.chaosastrology.net/freeastrologyreports.cfm
Trying to analyze it, you could estimate the
probability of the report.
For example: "emotionally reactive" and "emotionally cold" can be seen as two options. One correct, one incorrect - 50/50 chance. This could be scientifically tested.
Also, there are statements that are always true:
"Group or community work with high aims (great altruism) would be ideal for you" - I believe that this statement should be true for 90% of people.
"Physical outlets like athletics and exercise are important and should be made lifelong activities." - Who wouldn't agree with this statement?
I've been reading my report for 5 minutes.
50/50 statements are about 1/2 times correct.
[Just eyeballing, I didn't calculate the numbers.]
I'm
not impressed.
Go to a respected and experienced astrologer and leave the baggage behind. Don't use a free online report, for starters.
To spend 100-300 bucks to test your theory on something we are saying can be life changing, is a very very small price to pay.
Can you show some proof that it actually is real and works or are you just telling people to soend 300 dollars on some made up stories?
unprovable =/= false
http://en.wikipedia.org/wiki/G%C3%B6del's_incompleteness_theoremsGranted, that computer report was around 70% correlated for me, which is why i found it interesting. I entered in other dates, and while some matched up with me, not so much. of course, this is barring confirmation bias. what i meant by insightful is that it warranted more of my attention. it led to me checking out the professional reading to decide once and for all what to think of astro is what did it.
also, randi and astrology
http://www.youtube.com/watch?v=uDhxcIaC23kKinda neat with hindsight, considering the character Laurie plays in house
laurie also likes to play music for people
nothing conclusive of course
===
in other news
order books pretty stable
129.
Post 2821187 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
That's a lot of blah blah to explain you have absolutely no proof whatsoever.
Who would've guessed.
And we also both know why there is no proof.
The difference i don't live in denial because i WANT to believe.
Sad to live your life this way. Really, i feel sorry for you.
what's your criteria for proof? I really don't think you can test esotericism on an empirical level. can you prove there is, or more importantly, isn't a god? same idea.
130.
Post 2821429 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
he just wants more Blue Pills and to keep taking out his anger on other people
A Red Pill would ruin all of that ...
hehe
btw DMT and the matrix—wow. what a fun way to think of things.
Not one study has proven love, but I see it all around me...
Ehh... plenty of studies actually.
We pretty much know every chemicals release it induces in the brain and their effects.
This is the scientific dilemma though. If you measure a chemical when you experience love (actually, your definition of it), is that love we are measuring? Is love physical, sexual, etc?
When they did Near Death Experience studies they found DMT was being released at that time. So, the light people saw was just induced by a chemical? Yeah, correlation = effect. Chicken or egg? eheheheh I doubt it is that simple. Or, did the chemical open something, like a key opens the door. After all we are bio-chemical beings, but don't forget a whole lot more. Not to jump to another topic, but it is closely related. The studies over the last few years they have done with DMT (and psychedelics also) have scared the shit out of some scientists.
This is beyond science at this point in time and probably for a whole lot longer.
I study neuroscience because these sorts of things are very interesting to me. I would study psychology as a major, but I know I moreso need that basis in neuroscience to work from. I also study economics because that is how people interact at this level. we all (life) have basal tendencies at a biological level, what are they and why? why are there trace amounts of DMT in living plants and animals? Why have they become such a big part of shamanistic rituals? I really don't know yet, but I think back to how we were before society shaped who we are as civilized folk. What were we like when we were still animals? how have we changed as a result? what is up with spiritualism and dreams and visions? are they simply hallucinations?
do we become what we believe?
crick's paper on consciousness really made me think about our origins.
http://papers.klab.caltech.edu/29/1/438.pdfwhat exactly are self-fulfilling prophecies? The paper at least has showed me as much that we
are what we believe. what is the neurological basis of hallucinations? as far as I know, dimethyltryptamine provides the mechanism that allows us to visualize and recreate a reality with our eyes closed. It is very necessary in recapitulation of events for the conscious mind to resolve problems. my own experience with the drug has shown me as much as that, except I did not have to be asleep. why, why does this particular molecule exist in most living entities? I don't know, yet, I've only a glimpse. that glimpse though....I really was in a different dimension, being a part of a vividly descriptive higher-living nexus of sorts. Why did I see this particular hallucination? I used to be atheist by the way, quite the objectivist. I am now getting in tune with my spiritual side, the same sort of spirit that runs through animals naturally. This sort of spiritual perspective is for the most part very well corroborated by eastern philosophy, which is quite isolated from the philosophies of the Americas as well. Why?
I plan on traveling to Venezuela with my pledge brother to visit La Gran Sabana where shamanism is rooted to understand its history. Then I plan on using the skills neuroscience provides me to analyze all this, if possible. It is all very, very peculiar, and it's definitely piqued my interest. At the very least, I know science has not explored these things enough.
I personally still prefer the scientific approach: Prove astrology wrong based on facts, less on opinions.
The rules to make horoscopes are profoundly based on astronomical facts, thus rarely disputable.
The astrological interpretation is well described, although heavily disputed.
Thus I cosider this a pretty interesting experiment.
The moon issue:
As much as I could google the moon is responsible for the emotional perception.
How do we get that into bitcoins? ... uhm ... do we need to?
Another point is puzzling me: What is bitcoins birth? The gensis block? If yes, why?
Can we transfer the experience with humans that simply on things, especially such virtual, barely ungraspable things?
Bitcoin is an instantiation of a new, higher dimensional form of life. These newly emergent life forms are studied via the "science" of economics, which basically represents relationships (giving and taking, supply and demand) between lower dimensional life forms.
It forms a sort of global neural network that is presently an infant, but when it grows up... hoo boy
131.
Post 2821477 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
What is a reputable astrolger? Can you explain that to me?
My guess is it depends on what drives an "astrologer", what their roots and teachings are, and what they base them upon. Most astrologers on TV are out there make a buck. Some dedicate their lives to the study and are really in tune with life and everything. I imagine there is a difference between their spiritualisms. There's a lot of astrology based on ancient Vedic observations, but I'm not terribly familiar with astrology to comment on this. I just had my little revelation starting at the beginning of this summer when I went to bonnaroo, and later stumbled into Otoh's astro chart thread, which has led to a series of other events via reading more into it. It's a fun little rabbit hole, for sure.
John Lennon: How would you know, anyway? How are you able to tell? I mean, for any of your disciples or us or anybody else who goes to any spiritual master how are we to tell if he's for real or not?
Srila Prabhupada: You shouldn't go to just any spiritual master.
Who's a Genuine Guru?
John Lennon: Yes, we should go to a true master. But how are we to tell one from the other?
Srila Prabhupada: It is not that you can go to just any spiritual master. He must be a member of a recognized sampradaya, a particular line of disciplic succession.
John Lennon: But what if one of these masters who's not in the line says exactly the same thing as one who is? What if he says his mantra is coming from the Vedas and he seems to speak with as much authority as you? He could probably be right. It's confusing like having too many fruits on a plate.
Srila Prabhupada: If the mantra is actually coming through a bona fide disciplic succession, then it will have potency.
John Lennon: But the Hare Krsna mantra is the best one?
by the way, so I was at Bonnaroo in June, the music & arts festival, just trying to have a good time while hopefully learning a bit more about myself. there was this Hare Krishna disciple that came by our tent and wanted to share his insights. How in tune he is with the natural rhythms.. you could just feel it from him, it was really weird! Any way, he simply piqued my interest with his spirit, enough to warrant further sincere investigation. He then gave me four books written by A.C. Bhaktivedanta (for free! but I gave him $23 so I could help him keep going) and I've since then have stumbled down this path this summer. Right now I'm reading
The Science of Self-Realization, and it is quite humbling to see that this sort of insight can result in such harmony with how medicine and science has explained things. The book is just a series of different, yet very explanatory interviews with A.C. Bhaktivedanta. Worth reading a couple of interviews at least, it's free here:
http://prabhupadabooks.com/ssr"The Personality of Godhead may not be present before one's eyes, but if one is sincere in wanting such guidance the Lord will send a bona fide person who can guide one properly back home, back to Godhead."
132.
Post 2821529 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'm on a big psilocybin and DMT research binge again right now. Funny how it came up in this thread at the same time.
synchronicity?
133.
Post 2821574 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Coincidence.
haha
but what have you been reading about?
134.
Post 2821806 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Alright guys, one last, very cursory attempt at establishing at least some amount of credence for astro (this is for my own benefit mostly haha).
You guys understand that we're not simply individual organisms, but the communal product of the trillions of cells that make us up, that cells are where life started as we know it? We are basically fractals of these cells. Everything we have, digestive system, excretory system, immune system, reproduction system, basically we can only do what cells can do, because we're made of cells.
You guys understand that each cell is made up of proteins, that RNA was likely the first product that 'learned' (by survival) to replicate itself to produce more proteins?
You guys understand protein conformation, from a chain of amino acids where each has its separate electrical charges that result in such a chain?
"How do proteins move?" Since their backbones are conformational, the backbone will adjust their conformation depending on electrical charges. Proteins will change depending on their environment, especially apparent in an isolated environment. Energy fields do effect backbones of proteins to change.
This will affect the protein's behavior. fractals man, fractals.
try this video of a lecture out, it gets especially interesting 5 minutes in:
http://www.youtube.com/watch?v=xywpyZwm7Kowhats the astro forecast for this week?
just generally & not taking these Bitcoin charts in to account, then I'd say that with Mars & Pluto standing still in the zodiac then appearing to change direction, these both being symbols of strength & energy we may see shifts in the balance of power - perhaps those who thought that they were pulling Bitcoin's strings may find that they've been outmaneuvered (think Wall Street - the first film & also literally). The gloves would be coming off & I'd expect things to get nasty - get the weekend popcorn in. Sparks should start to fly on Saturday & Sunday will be grim for many (forced liquidation being the order of the day I imagine) the aspects being serious, discouraging & a time to need to face present realities
^THIS
I am PMing you now
i'd say with mars and pluto standing still in the zodiac and then appearing to change direction is a clear indicator of kepler's laws and gravity in elliptical orbits.
seriously, do you also believe that thunder is the rage of the gods and in everything else the ancients had 'figured out'? what's so special about astrology? do you even care whether or not the beliefs that you hold can be empirically demonstrated or, as speculators, do you just run with whatever ideas pop into your head regardless of their realism, sanity, or possibility? the ridicule that is well-deserved towards the fools who draw some lines on a chart and claim with near certainty that a specific price movement is going to happen should seem familiar as you look to the skies and imagine fantastical drawings among the stars and personalities for the other celestial bodies in orbit round our sun.
So the angle of entry in relation to the magnetic poles of reflected EM waves from the sun has no effect on whether or not they make it to the surface? Or could that potentially alter how we receive energy from the strongest source around? The source which every other form of life dances around without question.
perhaps there is
some basis
135.
Post 2821854 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Most of us are simply sleepwalking through life fighting our own demons again and again, creating the chains that bind us and then blaming someone else for their existence ...
fuuuuuck that
We have will!
136.
Post 2821917 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
In less important, less metaphysical news:
Hellooooo, 100!
99.99!
fallling!!!!
99.95
edit: 99.90
137.
Post 2821945 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Boom, just broke 100. I would like all the bears in this thread that have been screaming for weeks that we will never break 100 again in 2013 to EXPLAIN THIS. Including the person with the fancy dancy title, you know who you are.
To Blitz defense, he's been a bear since at least 130s. We can't say say he's
entirely wrong yet until we get back there
hurry bitcoin hurry, our egos need feeding!! "no more triple digits" is out, now let's destroy the entire bear argument!
138.
Post 2821990 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
by the way, so I was at Bonnaroo in June, the music & arts festival, just trying to have a good time while hopefully learning a bit more about myself. there was this Hare Krishna disciple that came by our tent and wanted to share his insights. How in tune he is with the natural rhythms.. you could just feel it from him, it was really weird! Any way, he simply piqued my interest with his spirit, enough to warrant further sincere investigation. He then gave me four books written by A.C. Bhaktivedanta (for free! but I gave him $23 so I could help him keep going) and I've since then have stumbled down this path this summer. Right now I'm reading
The Science of Self-Realization, and it is quite humbling to see that this sort of insight can result in such harmony with how medicine and science has explained things. The book is just a series of different, yet very explanatory interviews with A.C. Bhaktivedanta. Worth reading a couple of interviews at least, it's free here:
http://prabhupadabooks.com/ssr"The Personality of Godhead may not be present before one's eyes, but if one is sincere in wanting such guidance the Lord will send a bona fide person who can guide one properly back home, back to Godhead."
+1 for Bonnaroo
+1 for the Vedic Teachings
+1 for the story of Krishna
All that said, I grew up in the same county as Prabhupada's Temple of Gold in West Virginia. I could say a lot, but I will leave it at this: While Prabhupada has done a fantastic job inspiring thousands, I always take his translations and interpretations with a large dose of salt because I know what kind of malice took place under his watch. If you want more details, check out this book:
http://www.amazon.com/Monkey-Stick-Onyx-Hubner/dp/0451401875yeah, apparently one of my pledge brothers' moms had a friend whose kid was taken by Krishnas..... scary! but thanks for sharing this friend. I love the krishna philosophy and try to imbibe as much as possible, but....I can't take it on fully. maybe i can, but I'm afraid to haha
139.
Post 2822074 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
by the way, so I was at Bonnaroo in June, the music & arts festival, just trying to have a good time while hopefully learning a bit more about myself. there was this Hare Krishna disciple that came by our tent and wanted to share his insights. How in tune he is with the natural rhythms.. you could just feel it from him, it was really weird! Any way, he simply piqued my interest with his spirit, enough to warrant further sincere investigation. He then gave me four books written by A.C. Bhaktivedanta (for free! but I gave him $23 so I could help him keep going) and I've since then have stumbled down this path this summer. Right now I'm reading
The Science of Self-Realization, and it is quite humbling to see that this sort of insight can result in such harmony with how medicine and science has explained things. The book is just a series of different, yet very explanatory interviews with A.C. Bhaktivedanta. Worth reading a couple of interviews at least, it's free here:
http://prabhupadabooks.com/ssr"The Personality of Godhead may not be present before one's eyes, but if one is sincere in wanting such guidance the Lord will send a bona fide person who can guide one properly back home, back to Godhead."
+1 for Bonnaroo
+1 for the Vedic Teachings
+1 for the story of Krishna
All that said, I grew up in the same county as Prabhupada's Temple of Gold in West Virginia. I could say a lot, but I will leave it at this: While Prabhupada has done a fantastic job inspiring thousands, I always take his translations and interpretations with a large dose of salt because I know what kind of malice took place under his watch. If you want more details, check out this book:
http://www.amazon.com/Monkey-Stick-Onyx-Hubner/dp/0451401875yeah, apparently one of my pledge brothers' moms had a friend whose kid was taken by Krishnas..... scary! but thanks for sharing this friend. I love the krishna philosophy and try to imbibe as much as possible, but....I can't take it on fully. maybe i can, but I'm afraid to haha
Much of the Bhagavad-gita is just Krisna reciting portions of the Yoga Sutras. This is a good place to start:
http://swamij.com/index-yoga-meditation-yoga-sutras.htm However, it might be worth some time in a book store to find a translation that speaks to you. Or better yet, you could learn Sanskrit if you have LOTS of extra time
.
Thanks for enlightening me some more. I love this rabbit hole
Is Sanskrit particularly hard? My plan when I get my B.S. and minors is to hopefully buy a nice semi-isolated property somewhere where I can invest lots of time into studying things I want to study and starting the pile of to-read books I've steadily built up, before going out to pursue graduate studies.
140.
Post 2822393 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I just had an internal impulse to buy more when we crossed 100 again (though I didn't act on it, already a bit overextended heh). I assume that people will decide to start to buy in this week. GOOOOOOD LOOKIN' SONNNN
edit: i regret not acting on my gut most of the time. i'm gonna try it out and buy another hundred or so soon. looking back, most every "should I...." I've had has always been a resounding yes.
Well, it's a pity that the price that's at 100 USD is in MtGox, the artificial price exchange.
bitstamp/bfx is at $93ish
141.
Post 2822467 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
danke
142.
Post 2823566 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Coincidence.
Bitcoincidence.
are you directly involved in the venus project? i remember stumbling upon it a few years ago
143.
Post 2823930 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
There is some exciting news that will materialize soon though.
the exciting news is that bitcoin is rallying, in line with our forecast :-)of course, I didnt think for one second than any substantial amount of money from $130 down was withdrawn back into bank accounts. There's still quite a bit of latent money sitting on exchange sidelines I imagine.
ooooh, special indicators
My vague guess is something about an exchange. By the by, did you guys notice that tradehill looks like it's going to make a comeback?
https://tradehill.com/
144.
Post 2824669 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
2600 wall at $100 right now and we just hit $101. Not sure we'll see double-digits again anytime soon.
if not soon why later?
145.
Post 2824699 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
No more double digits for July.
what'd you mean by dollar extraction, was this in regards to bitcoin or the macroeconomy? both?
2600 wall at $100 right now and we just hit $101. Not sure we'll see double-digits again anytime soon.
It can either be a repeat of 2011 [we'll see 70$ again] or a repeat of 2012 [we'll never see 100$ again]. 50/50 chance :-)
I don't know what the **** the market is doing right now.
It's easier to speculate on random number generator than on bitcoin.
Looks like the only way to win is not to play.
I'll officially put my
BTC in a cold storage and forget about them.
See you all in 10 years.
Why:
I was sure that this was a bull trap, and now we have breached 100$.
I don't know if we're going down, or up.
I give up.
AAAAA, PANIC, PANIC!
sounds like you were probably just listening to the wrong people :p like you wanted to listen to people that supported your preconceptions, rather than consider what the market actually is like objectively. i still don't understand the people's obsession behind this bubble following the 2011 bubble. i've posted at least 10 times why the market dynamics is more similar to the august 2012 one, namely, we thought bitcoin was over from 32->2, but now, we just believe it's going to go down when we know it's going to eventually go back up.
quite a fundamental difference
also, all that development in the past 2-4 years didn't simply disappear
I've asked this before, will the price follow the charts, or do the charts follow the price?
146.
Post 2824734 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
No more double digits for July.
sell, sell, sell
Then we will revert to no more triple digits for 2013.
buy, buy, buy
(my market making bot thanks you)
lmao
147.
Post 2824784 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
This is a fundamental scared fiat bull trap.
First mark to watch, 104. Second, 115.
why 115?
148.
Post 2824815 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.
that doesn't explain other exchanges following.
149.
Post 2824840 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.
that doesn't explain other exchanges following.
Denial is not just a river in Egypt.
then why should the other exchanges go up at all?
edit:
That's just sheep mentality, people still see Gox as the leader, so the moment the price changes on gox, everybody rushes to adjust their asks.
ah
150.
Post 2824976 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
This is going to be a good week...
sarcasm?
151.
Post 2824988 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
This is going to be a good week...
sarcasm?
No, I'm serious :-)
bitcoin illegal in thailand now :/
i understand that the thais' effect on global prices is quite minimal, but like, this does have psychological effects
152.
Post 2825066 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
After all in such countries "everything not allowed is forbidden" -- and as a result laws are generally ignored.
that much is true at least
153.
Post 2825093 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.
Indeed. Tens of k's of BTC leaving Gox, but just very few hitting Bitstamp, that's interesting.
leaving the orderbook as in btc being bought and not being put back on at a higher price/withdrawn from mtgox?
154.
Post 2825126 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Okay a little bit about this Thailand crazyness.
This guy went to some bankers and was like, hey is it cool if we do this? The bankers where like, ummm... Since there are no laws, it must be illegal! Yeah!
Well, if there is no law against it, it is not illegal. Also these guys do not make laws nor do they enforce them. The guy was trying to cover his ass but really he is overreacting and yeah seems to be creating FUD. All the banker guys were going to do was cover their ass as well.
The guy clearly does not know what he is doing and really should not have invested this much time in an exchange if he was going to take this path. Anyway it over all does not mean anything, people are not going to be jailed for buying BTC in Thailand. This "advice" means nothing in a court of law.
quelled my panicking for a bit, thanks goat
so my question is, what the hell does the Foreign Exchange Administration and Policy Department do?
155.
Post 2825172 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Okay a little bit about this Thailand crazyness.
This guy went to some bankers and was like, hey is it cool if we do this? The bankers where like, ummm... Since there are no laws, it must be illegal! Yeah!
Well, if there is no law against it, it is not illegal. Also these guys do not make laws nor do they enforce them. The guy was trying to cover his ass but really he is overreacting and yeah seems to be creating FUD. All the banker guys were going to do was cover their ass as well.
The guy clearly does not know what he is doing and really should not have invested this much time in an exchange if he was going to take this path. Anyway it over all does not mean anything, people are not going to be jailed for buying BTC in Thailand. This "advice" means nothing in a court of law.
quelled my panicking for a bit, thanks goat
so my question is, what the hell does the Foreign Exchange Administration and Policy Department do?
He was trying to get the Govts permission to do something. He wanted a permit, he wanted a Govt stamp saying he was okay. He did not get that golden star that would protect him in the future but that does not mean for a fact that BTC is illegal in Thailand.
Running an exchange without a permit might be illegal, he really should get his legal stuff in order to do that. But to say the buying and selling of BTC in Thailand is illegal cuz their are no laws is just so dumb I think he might be trolling.
or maybe it's the Bank of Thailand that is trolling us hard
156.
Post 2825186 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
What's going on? Any explanation for the high volume on Gox? The increase in price?
People have run out of coins to sell. People have been asking me for well over 1 million worth of BTC over the last 2 weeks and that never happens. Some people are paying 10% over gox.
Insane.
i don't understand why they don't wire money to gox/bitstamp/et. al. though
157.
Post 2825226 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Crazy times.
yeah, for sure.
158.
Post 2825258 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Well, if there is no law against it, it is not illegal.
I'm not a lawyer, but here is a quote from my lawyer in Thailand:
In my home country of America, the fundamental basis of law is that every act is LEGAL, unless there is a law that makes that act illegal. Thailand’s fundamental basis of law is quite different – in Thailand, every act is ILLEGAL, unless there is a law (and process, and procedure) to make it legal.
159.
Post 2825266 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
By the by, one or two $1m purchases would quite upset the price in slippage. At least the 10% commission if what were seeing right now is any sort of indicator.
160.
Post 2825482 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
People have been asking me for well over 1 million worth of BTC over the last 2 weeks and that never happens. Some people are paying 10% over gox.
You mean people are asking you to sell BTC for bank T/T on PM here? 1 Mill$ in the last two weeks?
Why would anybody buy OTC so to not influence the price and then offer a spread which makes it lucrative to just sell to him and buy at an exchange at the same time?
Crazy indeed.
Many people have been asking for a lot of coin. Not all offered to pay over gox rate but one guy did at 3000 coins.
I did not ask why but there is demand otc.
Also not one person tried to sell to me.
Could you please make such information public (best in the form of appealing graphics) so I can buy and sell coins accordingly?
yeah charts or we're not convinced lolol
161.
Post 2825491 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Maybe someone is trying to ignit a panic buy prior to performing a massive dump ?
maybe people are buying bitcoins because they're cheap
11m bitcoins. that's
tiny
162.
Post 2825612 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I sense very bullish sentiment here
which is bearish, in and of itself, you think?
163.
Post 2827513 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Hey Anthony,
We’re launching in a friends and family beta this week, and we hope to open up our platform to international users by the end of the month. Where are you based out of?
Best,
Jaron Lukasiewicz
CEO | Coinsetter
164.
Post 2827947 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
This thread is defined more by it's off-topicness than by its actual topic, so I'll continue posting whatever the fuck I feel like.
I do consider it good practice not to spam the entire thread with those tangential discussions, especially if there's something interesting going on on the market, but that was hardly the case here.
agreed
165.
Post 2827988 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Hmm, hoping for that spread between mtgox and bitstamp to go down, then its time to hop in again. Trying to get out of BTC right now, its a bit too big of a spread for my taste.
its been clear for a while now that bitstamps is get more and more volume coming from mt gox
the price difference is a result of this shift
it could stay that way for a long time... buy now
and soon, bitstamp will eat up mtgox's market share
166.
Post 2828017 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Hmm, hoping for that spread between mtgox and bitstamp to go down, then its time to hop in again. Trying to get out of BTC right now, its a bit too big of a spread for my taste.
its been clear for a while now that bitstamps is get more and more volume coming from mt gox
the price difference is a result of this shift
it could stay that way for a long time... buy now
and soon, bitstamp will eat up mtgox's market share
if only they had decent trading API
coinsetter would, I imagine
http://www.reddit.com/r/Bitcoin/comments/1jalzy/nycbased_coinsetter_exchange_opening_their_doors/http://coinsetter.com/
167.
Post 2828039 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Hmm, hoping for that spread between mtgox and bitstamp to go down, then its time to hop in again. Trying to get out of BTC right now, its a bit too big of a spread for my taste.
its been clear for a while now that bitstamps is get more and more volume coming from mt gox
the price difference is a result of this shift
it could stay that way for a long time... buy now
One problem:
I'm stuck.
All of my fiat is stuck on Mt. Gox. Fortunately I was smart enough to buy a little on this latest small dip into the high 80s on gox, but now I'm screwed big time. I have to give away like 10% of my fiat just to get it into the legit exchange.
I have yet to use Gox and not regret my decision.
lol fiat problems
sorry, I do empathize for you and all the fiat holders stuck on Gox Kazu
168.
Post 2829300 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Hmm, hoping for that spread between mtgox and bitstamp to go down, then its time to hop in again. Trying to get out of BTC right now, its a bit too big of a spread for my taste.
its been clear for a while now that bitstamps is get more and more volume coming from mt gox
the price difference is a result of this shift
it could stay that way for a long time... buy now
A volume-based metric I place some trust in, confirms that: there is substantial buying pressure on bitstamp, even if the price gap somewhat obscures this fact.
First the similarities: daily A/D continued to rise on both bit and mtg, well after the April peak, and throughout the initial correction/bubble deflation. It peaked in mid-June, then gently started sloping downwards. The corresponding price action was the recent downtrend that took us from ~110 to ~70 (mtg prices).
Now for the differences: as of early
JuneJuly, A/D stabilized on mtg. Maybe with a weak upwards slope. Contrast this with bit: around the same time, instead of merely stabilizing, A/D is shooting up (in comparison).
It's as if all the btc optimism migrated from mtgox to bitstamp. No guarantee that this lasts however, if mtgox manages to solve its fiat problem in time.
EDIT: corrected mistake
So, does this suggest that since accumulation is going up, the overall bitcoin market has net USD inflow, just that most of the new USD is going in through Bitstamp? i really don't know
169.
Post 2830022 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
happy for you bud
170.
Post 2830078 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I wanna take him home with me
171.
Post 2831220 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i don't get why it's okay to sell a speculative item like say, a trading card or an online game item, but selling a bitcoin is so drastically different?
i suppose you have a lot more volume when working with bitcoins
172.
Post 2834613 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i just wanna have fun! hurry up bitcoin market, afford me more of that!
/greed
173.
Post 2835887 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Don't worry, i'm outta this sub forum. No point in getting annoyed by some fud spreading idiot moderator. Waste of my time. Bye.
It is a shame that you are leaving having apparently learnt nothing about yourself
I hope you find what you are looking for one day ...CLUE ... the answers lie inside ...
Good luck and Bon Voyage
I do hope the best for him. always love, always love.
and
http://healthland.time.com/2011/06/16/magic-mushrooms-can-improve-psychological-health-long-term/
174.
Post 2836354 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Short term down-side risk??
i lol'd
175.
Post 2836844 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
COMEBACK TRAIN HAS NO BRAKES!!!
176.
Post 2836901 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i feel like more fiat could/should hit bitstamp
177.
Post 2837009 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
^we don't exactly know how much is fear driven and how much is bullish. if i had USD stuck on gox, I'd buy because of both factors, ie price is still rising and since i can't withdraw GXD to buy at bitstamp. at the same time, i'd be very weary of selling on bistamp at such a guaranteed loss, esp if i believe in the long term future of bitcoin. if i were in those shoes, my thinking would be, might as well hold than panic sell the price down!
178.
Post 2837036 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
ironically enough, all this about gox is just convincing me to become more bullish.
179.
Post 2837054 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
180.
Post 2837364 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Sold at 90 and bought at 110.
I think I'm doing it wrong.
I disagree. You had some Bitcoins at $90, now you have some Bitcoins at $110. Winning.
Yeah. I got very lucky trading when I first started and that was before I knew anything.
Now the 'more educated' me has failed time after time. I'm switching to buy and hold and in it for the long term.
Trading ain't my game!
start small and learn from your mistakes!! trading provides invaluable insights
181.
Post 2837414 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
We need to break 115 USD and then 133.5 USD from 2013-5-26, so that I can have a lot of money.
Marked my buying spot, im now 100% BTC.
but we need more people not yet fully 100% in BTC so that we keep going up!!
182.
Post 2837445 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
It is also possible that this rise is a bull trap.
acknowledged. i think we have to pass 115 before the ABC count for the continuing bear trend can be invalidated/confirm a wave 3
183.
Post 2837500 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
There is some exciting news that will materialize soon though.
tell tell!!
184.
Post 2837746 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'm on a big psilocybin and DMT research binge again right now. Funny how it came up in this thread at the same time.
Nice. Any bitcoin-related insights? I tried watching bitlisten.com on cubensis, but didn't feel any connectness or anything so left that pretty quickly.
this is probably the funniest thing i've read on here
185.
Post 2837865 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Bearing that hindrance in mind, here's my prediction for BTC for the next 90 days:
Up down up up down up down up down up down down down up up down up up up up up down sideways.
i'll take that as a
hold (or buy if you're not in already)
186.
Post 2839974 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
if i dump my money in bitcoin, you think my wife will see a penny of that money, during the divorce?
I'll say " I was pissed off so i gambled it all away "
187.
Post 2840176 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
price falling right now, dont expect this to last long though. Get on the train now if you missed before when it was below $100
bubble keeps deflating, nothing to see here
You mean mini-bubble deflating. We weren't ready for $110 yet
yeah, i think i agree. in my opinion, this is sort like our first jump to 104 from 65. we couldn't handle that before consolidating when the sellers sold us down to 86.
slow grind up is the best kind of climb
188.
Post 2840343 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i don't understand the numbers on the y-axis.
189.
Post 2840724 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
go ahead, trade on this "if it happened b4 it will happen again" nonsense
You mean the part where everyone knows Bitcoin will recover and rise to new incredible highs?
it has been up since 2009, 2010, 2011, 2012
and prices in 2009<2010<2011<2012<2013
Yup, but "someone" here thinks we can't base our expectation on the past.
you can't, if so we could expect to go up 20,000% in 4 years
nonsense, nonsense, nonsense
just look at the last 6 months of trading, understand why price moved the way it did, look around at what is happening now on the dev side of things, and then speculate.
20,000% in 4 years is reasonable if people start taking this seriously.
+1
and +1 to adam's msg. you can't just base it on past history, but it is something to consider why it did the things it did
190.
Post 2840807 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Ah, the May 31, 2013 date on the chart and the fact that it covers July through August is what threw me off and thoroughly confused me. I would've understood it a lot quicker! in addition i wasn't familiar about the price action after the big dive as i didn't directly experience thx
the chart is from 2011 when bitcoin was "dead or dying"
0
1 o
2 oo
3 ooo
4 oooo
5 ooooo
6 oooooo
7 ooooooo
8 oooooooo
9 ooooooooo
It's a base 10 right-to-left number system so
10 oooooooooo
11 ooooooooooo
And so on. Hope that helps.
191.
Post 2840842 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
that much is true!
i didn't intend to make my msg sound like it was arguing against you. i was just noting something. i suppose i should've wrote something to acknowledge what you actually wrote
192.
Post 2841067 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i would argue that price is a reflection of all those things
193.
Post 2843392 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Goooo slow grind!!
194.
Post 2845450 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
A
new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!
this is either extremely crazy good stuff or a very well-executed scam.
This is the first development after bitcoin that has really caught my attention. While I don't fully understand its mechanics yet, I do understand its role. Need more time
195.
Post 2845877 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I think instead of providing the source now, he wants to preserve his first-mover advantage, understandably. For the funding, I think it's the things after he creates his mastercoin layer that would give mastercoin utility and worth, which he needs funding for.
This is all speculation, as I don't understand the mechanisms yet, I'm asking for clarification on the issues I don't understand
196.
Post 2852515 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Not only has the gap between MtGox and Bitstamp increased to about $10 again, but the order book is starting to look like a mirror image.
MtGox:
Bitstamp:
It appears that Bitstamp is far more bearish than MtGox. This is surely a reflection on people trying to buy BTC to get out of MtGox?
I suspect Bitstamp is leading the market now too, which makes me wonder whether the 95 support level is about to give way.
or more people able to sell on Bitstamp?
Conversely, the fear of selling on MtGox is what is keeping selling pressure suppressed there
197.
Post 2852785 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
198.
Post 2855114 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'll just leave this here:
We do appear to be at the 'return to normal' stage - however this is Bitcoin.
I have some Bitcoin but still have plenty of USD on hand to buy more should the price start to move in either direction.
I had the impression that we were back to normal when we were last at 130, so there's that
199.
Post 2855462 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
and again: nope
nope.
simply because this silly simplified graph has proven itself to be wrong over and over again. at best, we are at the stage of takeoff or even before. and the rest is undecided.
personally i think it is pretty good. speaking from my experience
200.
Post 2858486 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'll just leave this here:
It is worth noting (even though I have been in and out of BTC lately):
At some point in the next year or a bit later, maybe even in a few months, you are going to see one of Spain, Portugal, Italy, etc. go under (Banking system or a large part there of).
When that happens (or as we approach it and it is obvious to some), you are going to see the BTC price explode. Absolutely explode. Your reaction will be like swimming in the ocean and
seeing a 21ft Great White Shark nearby, but just far enough away for you to maybe make it. It will shock you and you will remember it forever. It will be a bubble though and it will correct, unless we have a wider systematic collapse. But, it will not correct fully down as many of the 12 million or so coins out there will be in strong hands. It will probably be an extrapolation of what we have already seen.
So, we are all playing a game. Yeah, we don't want to get caught in BTC if it corrects again hard down. But we all know the times we are living in. If we were living in
times of solid banking and not as corrupt governments, BTC would depend solely on it's low transactions fees, perhaps the darknet, etc. But we are living in times where Central banks (ECB) take 47.5% of
your money in a bail-in and other countries are seeing that as a model.
Good luck to you all, but lets not simplify things. It can go any way at any time. Be careful and don't lose sight of that and don't lose sight of what BTC represents.
Enjoy the ride and don't forget that when the shit does hit the fan,
It's about sharing
201.
Post 2858657 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Though it is a long shot, perhaps the low volume is simply a result of the current exchange market conditions suppressing volume?
Just a hypothesis, although what would like a HnS pattern would fit with my current elliott wave count/guess (reversal of a down 5-wave count into a new up 5-wave count)
here's a little rough sketch i did yesterday
https://www.tradingview.com/x/Gxn7wES1/For the bulls:
It's a longshot, but we might be in the mother of all head and shoulders:
The plot thickens...
Very good spot! Strong resemblance
Not being Bullish or Bearish, just looking at the pattern and volume - The volume pattern is not following what is normally expected. We'll see:
The head and shoulders pattern can sometimes be inverted. The inverted head and shoulders is typically seen in downtrends. (What's noteworthy about the inverted head and shoulders is the volume aspect. The inverted left shoulder should be accompanied by an increase in volume. The inverted head should be made on lighter volume. The rally from the head however, should show greater volume than the rally from the left shoulder. Ultimately, the inverted right shoulder should register the lightest volume of all. When the market then rallies through the neckline, a big increase in volume should be seen.)
http://www.chartpatterns.com/headandshoulders.htm
202.
Post 2859039 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
The GOX thing, one can argue, is increasing buying pressure for those "trapped" there. I don't know, I feel like I'm walking on eggshells though and don't like it. Too much work in front of the computer.
My rationale was that yes, the bullish volume might be relatively increased as a result of that factor, but overall volume would still be suppressed because people do not want to put money into Gox, the former de-facto place to send your money if you wanted to purchase bitcoins. With the removal of their market role, I would guess overall volume decreased as people find they don't want to put their money into Gox anymore, and start looking for other places to find it. Bitstamp's volume is steadily increasing I've noticed.
I'm not familiar with EW, but I can comment if you give more info on it?
https://en.wikipedia.org/wiki/Elliott_wave_principle#Elliott_Wave_personality_and_characteristicsBasically, at least how i understand the principle, trends move in a 5-wave count fashion, due to fractalized psychologies. A five wave count can either end with a ABC corrective trend before continuing the trend the count was on, or, it can start a new 5 wave reversal count.
My hypothesis is that on the way down to 65, we had the end of a downwards 5 waves. Right now, we are facing the question whether or not we are finishing an ABC corrective trend, or beginning a new count of 5 waves up (of which we would be in wave 3, confirmed by passing 115). This to me looks like a head and shoulders pattern if it plays out, and a failure if we finish out an ABC pattern and continue heading back down.
203.
Post 2859102 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
here's a side to side comparison if it helps
204.
Post 2859151 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
The GOX thing, one can argue, is increasing buying pressure for those "trapped" there. I don't know, I feel like I'm walking on eggshells though and don't like it. Too much work in front of the computer.
My rationale was that yes, the bullish volume might be
relatively increased as a result of that factor, but overall volume would still be suppressed because people do not want to put money into Gox, the former de-facto place to send your money if you wanted to purchase bitcoins. With the removal of their market role, I would guess overall volume decreased as people find they don't want to put their money into Gox anymore, and start looking for other places to find it. Bitstamp's volume is steadily increasing I've noticed.
I whole heartedly agree with that. People with money there now might be feeling the only way out is to buy and transfer coins out. If you don't need the money, you just keep it their in Fiat and hope Gox is legit.
But, as you said, the overall effect is that Gox is probably getting less new money (at least from people like me and you). Those huge huge buys up from $65 was new money imo and the large recent buys continue to be new money. Perhaps big money knows Gox is ok?...
not necessarily
There is some exciting news that will materialize soon though.
the exciting news is that bitcoin is rallying, in line with our forecast :-)of course, I didnt think for one second than any substantial amount of money from $130 down was withdrawn back into bank accounts. There's still quite a bit of latent money sitting on exchange sidelines I imagine.
ooooh, special indicators
My vague guess is something about an exchange. By the by, did you guys notice that tradehill looks like it's going to make a comeback? https://tradehill.com/I imagine Gox USD inflow is currently like turning off the water spigot that you fill up a bucket with. As you turn it off, the water inflow to the bucket becomes more and more limited, but still, you have lots of water in that bucket. That water isn't going to go anywhere unless it is (with)drawn out, or evaporates (through transaction fees). The act of people selling bitcoin on Gox would be akin to picking up water and pouring it in another part of the USD bucket, and in doing so, the other party gets something (BTC) for it. Prices should be higher to reflect this.
205.
Post 2859345 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
we still see this phenomenon:
1) During a rally, people who still have USD/other fiat funds at MtGox buy BTC
2) Many of them transfer them to other exchanges, mainly Bitstamp
3) As a consequence, the order book bid/ask ratios are inverse at MtGox versus Bitstamp
4) Ultimately, MtGox market share drops further. Today, we again see Bitstamp with the same USD market share as MtGox:
mtgoxUSD 103.7500 11,865.21
bitstampUSD 96.8500 10,781.35
Not only has the gap between MtGox and Bitstamp increased to about $10 again, but the order book is starting to look like a mirror image.
MtGox:
Bitstamp:
It appears that Bitstamp is far more bearish than MtGox. This is surely a reflection on people trying to buy BTC to get out of MtGox?
I suspect Bitstamp is leading the market now too, which makes me wonder whether the 95 support level is about to give way.
or more people
able to sell on Bitstamp?
Conversely, the fear of selling on MtGox is what is keeping selling pressure suppressed there
Though a higher bid/ask ratio typically and historically is bearish, in Bitstamp's current situation that might not be necessarily true IF the
overall bitcoin market is bullish. As Bitstamp absorbs mtgox's asks from mtgox's predicament, Bitstamp is only slowly growing on the bid side from only steadily increasing market share for the purchase of bitcoins. As in, the only reason why the greater supply of coins on the Stamp isn't dragging prices down as much (S/D on bitstamp definitely a factor though, I guess that the price on Stamp is relatively lower for this reason), overall demand of Bitcoin outweighs the greater supply/demand ratio on Bitstamp ie why Bitstamp prices have absolutely gone up as well
Hopefully Bitstamp gets some more USD inflows to equalize as time passes and
4) Ultimately, MtGox market share drops further.
at least until they resolve the concern that any Gox fiat depositors and BTC sellers will not be able to withdraw their Gox fiat. Until the fiat on Gox can be withdrawn, the arbitrageurs cannot take advantage of the lower Bitstamp prices, and Bitstamp's bid side has to depend upon new money (and it does look like all this new Bitcoin money is being funneled into Bitstamp, not MtGox). This seems to be true, and perhaps it's just that bullish that things are working out as well as it is so far.
I stand by my other hypothesis a few pages back that our reversal is in part a result of MtGox's troubles and though it's counterintuitive, considering how we have handled it thus far,
overall it's bullish as ever. The fact that new USD Bitstamp inflows are countering the downwards pricing effect of Bitstamp taking on a lot of MtGox's selling pressure suggests so.
https://bitcointalk.org/index.php?topic=178336.msg2837009#msg2837009https://bitcointalk.org/index.php?topic=178336.msg2837036#msg2837036
206.
Post 2859483 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
It is not true that the bid side on Bitstamp is weak, there is much hidden power behind, especially since most of the buys are driven via Bifinex.
I'm saying it could be greater than it currently if arbitrageurs could withdraw their USD from Gox to buy at Bitstamp to better equalize the price diffference. I also think Bitfinex's influence is in the long run negligible on Bitstamp's prices. If bitfinex thinks the price will go up, then they'll buy more on bitstamp. Inversely, if Bitfinex thinks the price will go down, they'll sell more on bitstamp. Bitfinex will not always be bullish..but it's worth noting that it
currently is so.....
Bitstamp's bid-side influences:
new money (a lot of which formerly would've went to gox)
Bitfinex speculation
general Bitcoin marketBitstamp's ask-side influences:
Gox former supply of BTC as they move from Gox to the functioning exchange and the desire to sell them
Bitfinex speculation
general Bitcoin market===
Unfortunately, Gox fiat can't follow the bitcoins that are moving to Bitstamp. This puts the bid-side at a disadvantage, unless the velocity of new buying money is greater than the coins being sold, either to be speculated upon or withdrawn out of the system (remember that Bitstamp is currently the biggest exchange where you can withdraw "real" money).
If I were selling coins on mtgox, my prices would be much, much higher than they currently are. The risk of not being able to withdraw is tremendous and it would take a huge premium for me to sell my liquid coins and take that risk on, because I might not ever be able to see what I exchange said coins for.
207.
Post 2859548 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
It is not true that the bid side on Bitstamp is weak, there is much hidden power behind, especially since most of the buys are driven via Bifinex.
I'm saying it could be greater than it currently if arbitrageurs could withdraw their USD from Gox to buy at Bitstamp to better equalize the price diffference.
[1]Yes, but if this would be possible the difference would get lower and lower (probably gox going down to bitstamp level).
[2]Because of Bitfinex Bitstamp is sometimes so unrational (like 400 buys now).
1. Yes. On the flipside, bitstamp would also be going up to Gox's level
2. I disagree that this is irrational. It makes sense, it's not like Bitstamp is selflessly or recklessly holding up the price on Bitfinex. It's more like they are buying bitcoin and using bitstamp as a source to get coins from due to BFX's poor local liquidity.
This is a reflection how the Bitfinex players, or rather, the players using Bitfinex,
are judging the market at this point in time. They will sell when it's time to sell.
208.
Post 2859592 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
It is not true that the bid side on Bitstamp is weak, there is much hidden power behind, especially since most of the buys are driven by Bifinex.
Bitfinex allows both short and long. But I think the margin trade is running out of money for people to borrow.
correct. Some time last week, the available USDs-worth to borrow and buy BTC was a bit over 3000BTC. Now it's about 1000 with even greater interest rates.
Inversely,
some time last week, available BTCs to borrow to sell was around 2000 BTC. Now it's around 5000 BTC with slightly lower rates.
This suggests that people are less likely to short, so in order to equalize that for one reason or another, interest rates have to get lower. We might see some more shorting as a result of the resulting decreased cost to short. The increased supply to short might also mean that more shorts were covered in the mean time, but not necessarily.
209.
Post 2859622 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Vokain I agree, what I am trying to say is that Bitstamp changed soooo much since Bitfinex started using them and one should expect unrationality (there were so many examples when I was screaming "what a stupid buy").
Is it a stupid buy if they think on the time frame of a few weeks/months that we're going to eventually correct from the bubble deflation? Perhaps with the crazy long margin interests yes...but perhaps it's worth it to them? Consider that we are at 96 on Bitstamp, when one year ago, BTC prices were around 15 or less, and another year ago, BTC was recovering from a bubble that brought prices down to $1.998/BTC. With Bitfinex USD interest rates currently at 0.25%/day*365 days=91.25%APR, I'd seriously consider taking it. Either way, any of your perceived irrationality on Bitfinex's part will be countered by people taking advantage of the disequilibrium via shorts.
https://bitcointalk.org/index.php?topic=178336.msg2826898#msg2826898https://bitcointalk.org/index.php?topic=178336.msg2840689#msg2840689
210.
Post 2860176 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Interestingly, mtg and bit are decoupled to a degree right now, with bit looking slightly more positive. The two exchanges are still strongly linked of course, but I noticed that there's at least some instances in the past 2 months were bit actually lead mtg. Not the norm though, usually still the other way round.
the increasingly better technicals on bitstamp could be driven by the fact that by now, enough traders moved left mtg and moved to bitstamp and now start actively trading there - and not only use bitstamp as withdrawing funnel
211.
Post 2860995 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
weekend dip effect (or expectation of) might be in effect a bit this weekend as well
212.
Post 2861063 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Without increased buyer pressure, we would have dropped to 101 by now.
Just small players for now, but enough to delay or maybe revert (too early to tell) the drop to 101.
101 is cheap, 99 is expensive?
213.
Post 2861095 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
If we start the middle Elliot wave then 101 would be dirt cheap, but if not then 99 would be a waste.
bueno, that's how I see it as well currently
214.
Post 2861328 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
If small players take it to 106 and not more, then we are in the 5th part of a type 5 Elliot wave.
If big players take it to 110 - 112, then we are in the 1st part of a type 5 Elliot wave.
i like dattttt
C'monnnn slow grind, because ain't nobody got time for another ABC corrective trend
215.
Post 2861880 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
unreal. it'd be of no cost to them to do so, and worth all the possible benefits, especially the benefit of protecting their business model from this disruptive tech. hell, they'd likely have resources that would realize bitcoin's success
216.
Post 2861970 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
It'd be almost like if Microsoft would promote Linux.
You don't help your future killer, you fight him.
if you can't beat them join them, or die.
217.
Post 2862030 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'm not sure if Paypal / Ebay is so forward looking.
The cynical me suggests I would go borrow all kinds of money and sweep up all the bitcoins I can find if I really do have the inside scoop. After all, no one would know this 'insider' trade and there's no criminal punishment either.
we've talked about this for years. first mover advantage to the first large entity that embraces bitcoin
218.
Post 2862164 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
PayPal has hinted about this in videos months ago, the logic for a such a move is sound, the guy talks better than I would be able to fake about PayPal and lines up with what has been happening recently, he is offering to take wagers and post pic of access badge, and Vladamir knew about the ETF before it was announced and he has started his Country Gold Parity parties again......
Fuck it, I think it's happening. My fiat is on the move...
I've always wanted to follow an age-old trading maxim.
so here I am, buying on rumor, (maybe) selling on news
219.
Post 2862353 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
re. paypal rumor:
a) You have to trust someone that breaks trust of company he works for and likely confidentiality obligations. And for what?
b) How is a company like PayPal going to "accept" business in bitcoin currently? Paypal has to consider the legal ramifications of doing this in every country in the world where it operates, and where the legality of bitcoin is not yet certain.
c) It would be much safer for PayPal to invest money in a company like BitPay to hedge its bets going forward but to separate its current business from a speculative investment in a 'currency' of questionable legality.
d) Do people really believe random rumors posted on internet message boards? Use your head!
http://techcrunch.com/2013/05/16/an-offer-you-cant-refuse-bitcoin-startup-bitpay-raises-2m-led-by-founders-fund-the-vc-run-by-the-paypal-mafia/:p
220.
Post 2865295 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
not surprised by this weekends action. i like it, its like there's an unwritten rule among whales, no big moves on weekends...
At least til Sunday night/Monday morning. Always darkest before dawn
As in, no one ever sees it coming
221.
Post 2865385 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
not surprised by this weekends action. i like it, its like there's an unwritten rule among whales, no big moves on weekends...
At least til Sunday night/Monday morning. Always darkest before dawn
As in, no one ever sees it coming
The biggest moves always happen when i'm at work (where my computer usage is monitored by Stalin himself), or when i'm sitting down having breakfast about to leave for work. One or the other.
What time zone are you in? I'm -5 GMT
222.
Post 2865458 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
not surprised by this weekends action. i like it, its like there's an unwritten rule among whales, no big moves on weekends...
At least til Sunday night/Monday morning. Always darkest before dawn
As in, no one ever sees it coming
The biggest moves always happen when i'm at work (where my computer usage is monitored by Stalin himself), or when i'm sitting down having breakfast about to leave for work. One or the other.
What time zone are you in? I'm -5 GMT
gmt+1
Seems to correspond decently well. My 2-5 am is like your 8-11am
223.
Post 2865472 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
GMT-5
Thx. I don't have much formal use of the notation typically
224.
Post 2867493 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I'm officially being screwed over right now. The goddamn interest rates on Bitfinex for borrowing BTC are practically 0 while you have to pay some monstrous rate to borrow USD, the price is going up, and I cant do shit. WTF do I do now. I have already lost like 2 BTC if I buy right now.
lol margin
also, 0.16%/day isn't the worst
225.
Post 2867729 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
226.
Post 2867786 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
^ We have not yet broken out
227.
Post 2867887 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Cliff notes: Investing $200 million into Avalon giving them access to 20 nanometer chips. Get those difficulty over bets in.
someone please quote the text, i'm behind a paywall
228.
Post 2868016 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
http://online.wsj.com/article/SB10001424127887323997004578644491403250124.htmlJoe Lewis, a billionaire foreign-exchange trader who teamed up with hedge-fund manager George Soros in 1992 to bet against the Bank of England, is the latest high-profile financier to throw his weight behind the virtual currency called bitcoin.
Mr. Lewis leads the Phoenix Fund, a Zurich-based private-equity fund that on Tuesday plans to invest
$200 million in Avalon, a company that makes computer servers aimed at creating bitcoins, according to people familiar with the situation.
Bitcoin is a virtual currency that exists online and isn't backed by any government or central bank. Bitcoins were invented in 2008 by a computer programmer who goes by the pseudonym Satoshi Nakamoto, who describes it as a peer-to-peer electronic cash system.
The Phoenix Fund's investment in Avalon reflects the growing popularity of virtual currencies, which are also coming under scrutiny from regulators. Other bitcoin enthusiasts include Cameron and Tyler Winklevoss, who are best known for their role in the creation of Facebook Inc. FB +1.50% They have proposed an exchange-traded fund that is tied to bitcoins.
Bitcoins are created through a process called mining, in which computers solve complex mathematical algorithms to earn the bitcoins. The total number of bitcoins that can be mined is limited to 21 million. There are now about 11.5 million bitcoins in circulation, according to Blockchain, a website that monitors bitcoin transactions.
The Phoenix deal will also involve Taiwanese microchip maker Taiwan Semiconductor Manufacturing Co., 2330.TW +0.50% which is set to supply the state-of-the-art microchips that will power the hardware.
The Phoenix Fund was set up this year to invest in bitcoin mining-hardware companies. It looked at several of Avalon's rivals in the sector, including Butterfly Labs and KnCMiner but decided against investing, according to a person familiar with the private-equity firm's strategy.
Investors in the Phoenix Fund, which includes a small number of individuals who made their fortunes in currency trading, believe that the currency will become more stable and popular if more parties are involved in the mining process, this person said.
Mr. Lewis moved into currency trading in the 1980s and 1990s. In September 1992, Mr. Lewis teamed up with Mr. Soros to bet on sterling crashing out of the European Exchange Rate Mechanism, an event that was later named "Black Wednesday." Mr. Lewis didn't respond to a request for comment.
Mr. Lewis had big losses investing in U.S. brokerage firm Bear Stearns Cos, in which he began amassing a stake during 2007, The Wall Street Journal reported at the time.
Mr. Lewis is the main investor in an unlisted company called Tavistock Group, which has investments in more than 200 companies across the globe.
Tavistock Group includes ENIC Group, which has a Bahamas-registered subsidiary called ENIC International Ltd., through which Mr. Lewis owns 85% of the shares in U.K. soccer club Tottenham Hotspur.
The Phoenix Fund is independent of Tavistock.
The bitcoin deal was put together by Andrew Laurus, a former government-bonds salesman at Lehman Brothers who is also an investor in the fund. Avalon was set up by Yifu Guo, a pioneer in the bitcoin-mining industry. He was part of the team that developed the first ASIC bitcoin mining hardware. ASIC stands for application-specific integrated circuit, a type of custom-designed microchip. Mr. Guo couldn't be reached for comment.
Separately, Coinflash, a company that planned to set up kiosks for bitcoin enthusiasts to buy the virtual currency, is shutting down before it even opened its doors. "Due to an unforeseen change in our personal circumstances, we've made the difficult decision to suspend Coinflash's services indefinitely," the San Diego-based company said in an email statement.
Coinflash was established earlier this year and had planned to open the bitcoin kiosks in California and New York this summer.
As part of the deal, Avalon will gain access to TSMC microchips based on 20-nanometer processes, which are much faster than other chips. TSMC recently won a contract to supply chips to Apple. The increased processing power should give Avalon an edge in solving the algorithms that control the supply of bitcoins.
—Robin Sidel contributed to this article.
Write to Harriet Agnew at
Harriet.Agnew@dowjones.com
'You mean I can't just buy Bitcoin?'
229.
Post 2868154 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
The only connection I see there is the $200 million figure.
I just don't see why $200m is needed to beef up the Avalon operation. Since Avalon did their first ASIC on a shoestring (couple of million?) why would it take $200m to go the latest chip technology. Surely something like $5m would be enough. HashFast and CoinTerra are not going to spend anything more than a few million either.
200M to buy a whole generation's worth of mining (while leapfrogging a few others while they're at it), first mover advantage, why the hell not!!!
got a couple [dozen] more billions in his pocket...
vision: set it to "nothing's impossible"
230.
Post 2868188 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
go ahead, trade on this "if it happened b4 it will happen again" nonsense
You mean the part where everyone knows Bitcoin will recover and rise to new incredible highs?
it has been up since 2009, 2010, 2011, 2012
and prices in 2009<2010<2011<2012<2013
Yup, but "someone" here thinks we can't base our expectation on the past.
you can't, if so we could expect to go up 20,000% in 4 years
nonsense, nonsense, nonsense
just look at the last 6 months of trading, understand why price moved the way it did, look around at what is happening now on the dev side of things, and then speculate.
231.
Post 2868524 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
I give it til noon EST that we break $110 on Gox
232.
Post 2868559 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Best investment ever , is to spend your bitcoins into the economy
i think i'm going to buy some, looks good O_O
now i have a reason to send money to virtex
i bought some stuff from here, the store is called Wholly Hemp and they offer some nice products. The soap is actually unreal, I use it every day. lip balm is good, they actually mailed me another one since they sent me the wrong one, at my disapproval (shipping and packaging). The hair stuff I can't recommend, but maybe that's just my stiff thick asian hair speaking. anyway, 25% of profits go to charity! they earned my business
https://bitcointalk.org/index.php?topic=247289.0ohh bitcoin shenanigans, of course.
but for shits and giggles, 12 hours from the time of my post
233.
Post 2868581 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Now is the time to buy bitcoin not soap.
234.
Post 2871687 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
In order to the 5-th wave theory to work, we'd need to break above $112 by a fair margin. Otherwise, we've essentially just got a dumb ranging market on our hands.
haha you're talking about bitcoin right
235.
Post 2871725 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
we should respect his privacy though and take it down, just on principle. though he is foolish for not blacking out the text entirely, perhaps twice over
236.
Post 2872547 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
˙ǝlqɐuosɐǝɹ ǝɹoɯ sɯǝǝS ˙ㄥƐƐ$ oʇ ʇıq ɐ uʍop (00Ɛ$ ɯoɹɟ dn) ʎɐpıɹℲ ʎq 000Ɩ$ ʎɯ ǝsıʌǝɹ oʇ ƃuıoƃ ɯ,I 'pǝʇɐdıɔıʇuɐ sɐ ʇsɐɟ sɐ ƃuıʌoɯ ʇou sƃuıɥʇ 'ʞo
you could push your performance to a higher level if your spelling style would correlate more with your avatar.
where's my like button when i need it?
it's funny: fb has
only "like", this forum has
only "ignore".
fb has ignores
237.
Post 2883005 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Sooo little volume, yet so much trading engine lag.
Edit: OK, looks like the trade engine is simply down right now.
Bots setting something up. Probably gonna release their oppressive gravity downward so we can spike to $300+ by this evening.
i can't wait until wals is eventually right
238.
Post 2883021 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Tuesday evening and clark moody is telling me 11k total volume... I believe that is for past 24 hours. Not possible. My eyes are lying. Can anyone confirm?
Indeed, Gox has seen incredibly low volume lately.
Does anyone know of a site / service that tracks overall exchange volume, including services like Coinbase? I'm not sure they even release numbers, come to think of it.
Mt Gox is now significantly delaying deposits of incoming wire transfers (link). I can't buy bitcoin there even if I want to despite sending a wire over a week ago. Seems like you can't get anything in or out of there. I suggest they change the name to Fort Gox...
https://support.mtgox.com/entries/21692589-Changes-to-Deposit-Transfer-Procedures-This would be a PERFECT time for Coinsetter to open its doors. I would hate for them to put it off just a little longer to polish things up only for gox to then go "k guys, everythings back to normal" and Coinsetter becomes another exchange to spend half a day on the front page of reddit and then never be heard from again. From what I hear it's in closed Beta, so even just making it an open Beta would capitalize on this glorious opportunity.
I think they're honestly just waiting for the most opportune time (ie when MtGox is hurting the most) to roll it out. They could sweep up a huge chunk of the marketshare if they launched at the perfect time.
Hey Anthony,
We’re launching in a friends and family beta this week, and we hope to open up our platform to international users by the end of the month. Where are you based out of?
Best,
Jaron Lukasiewicz
CEO | Coinsetter
239.
Post 2886373 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
maybe a bit premature but..?
240.
Post 2887085 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Odalv why not?
That's probably the best answer, yeah why not?
you might get a bank calling you to ask why you're wiring x amount of USD, but they'll still let it go through
241.
Post 2887873 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
Any time now....
242.
Post 2888033 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
try harder!!!
243.
Post 2888162 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i wonder how many BTC are left that haven't been withdrawn from gox, and how many of those are for sale
244.
Post 2888190 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.12h):
i wonder how many BTC are left that haven't been withdrawn from gox, and how many of those are for sale
There is 89 851
BTC still on the order book and probably many more sitting idle on gox.
now how many gox dollars are left is the question....
245.
Post 2927849 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
246.
Post 2933807 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
every time the price jumps up people ask me whether or not they should buy
i always say, yeah
positive feedback loop??
247.
Post 2937474 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
I do like that 105 wall now
248.
Post 2961514 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
total bull trap
249.
Post 2961519 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
In related news, bitstamp could use some more goxdollars
250.
Post 2961952 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
$180 within 12 hrs. it is certain.
fuck you bears.
*edit*
bam, just hit $120. we on unstoppable tear
a break of $115 (if sustained) is truly bullish (wether driven by gox crap situation or not doesn't matter)
actually it does, it matters a lot...
No, still bullish regardless
251.
Post 2962072 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
I heard joe Lewis was investing in bitcoin
PayPal too (decently plausible??)
252.
Post 2962178 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.13h):
$180 within 12 hrs. it is certain.
fuck you bears.
*edit*
bam, just hit $120. we on unstoppable tear
a break of $115 (if sustained) is truly bullish (wether driven by gox crap situation or not doesn't matter)
actually it does, it matters a lot...
No, still bullish regardless
How is a bank run bullish?
Not bullish for the bank ....
BTC run on Gox =/= a run on BTC for USD
It's bullish because mtgox is a market leader and prices do tend to follow gox's direction
Gox passing $115 is bullish because it confirms a wave 3 after the five waves down to $65.
Plus it is guideline for a head n shoulders breakout I think
and $122 now
253.
Post 3330148 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.17h):
^Especially those incorporated in HK
254.
Post 3384960 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.18h):
Holy shit, China is just not stopping.
Not only will they not stop pushing the price up, but the walls go up immediately behind them!
unfortunately those walls are pretty shallow and there is very little bid support keeping this above 1000 CNY.
the point is we breached it. that means we'll pass through it with strength soon enough
255.
Post 3385037 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.18h):
BTCCHINA is at 215 USD/BTC now! Gox at 198, Bitstamp at 188.
It's like falling into a black hole, the head just accelerates faster and faster compared to the rest of the body.....
What a thought
256.
Post 3385090 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.18h):
1.337 yuan per mBTC
257.
Post 3385406 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.18h):
Americans must be so confused.
258.
Post 3433889 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.19h):
Endorsed drugs today include caffeine and sugar (to keep you energized and productive at work), nicotine (to help you cope with the stress-levels induced by being high on sugar and caffeine all the time) and alcohol (to help you release the pent up tension from work and help you forget how shitty your life is). Banned drugs include Cocaine (more profitable to traffic it when it's illegal), Marijuana (which threatens a lot of established cartels in pharmacology and medicine. It also makes you less likely to work very hard, especially when also realizing that the work is not worth doing) and hallucinogens like LSD, mushrooms etc. (which dissolve ordinary social conditioning and support values antagonistic to the establishment).
Hey man, this is a pretty good wrapup!
As said, just parroting St.
Terence McKenna. Still worth repeating though, as this point of view gets overlooked too commonly.
I love how McKenna keeps popping up in this thread.
259.
Post 3439442 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.19h):
He started talking about the story of the guy who turned $26 into $800k or whatever.
That is the guy who traded 2 pizzas for 10,000 btc?
lol i dont think so...
ballllin
260.
Post 3462323 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.19h):
can there be a cup & handle inside a cup & handle ?
dear god
261.
Post 3612732 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.24h):
People are resistant of change and skeptical by their very nature. Time is the only force that will convince them otherwise.
and our active efforts to grease the wheels of change
262.
Post 3613240 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.24h):
you call them common folk ? LMAO!!!
So why is the price not going up like crazy because of this??? Are people just clueless? I would buy more if I could right now!
^ that is exactly the reason. The vast majority of people ARE clueless about Bitcoin. Out of the few who own Bitcoin, the present market makers are currently mired to the price, who are currently panicking. People like you who know better have already possibly expended their capital, possibly because they already believed in the long term, unable to counter the downward pressure.
The general population is insanely ignorant about Bitcoin - and here's proof.ugh... ouch... i am seriously wincing over here... this is a PAINFUL thread to go through
and I thought the speculation subforum is so much painful BS... jesus hay soos OMG
is there any hope for the youth, the generations of tomorrow?
god ffs I am only 33 and this is so effing painful to read
Tell me about it, this is
my generation.
Well sir, the arrow of time tells us many things, amongst them:
"Slaves Shall Serve"Let's try to be fairer to them in this more intellectual and airy Age of Aquarius, to differentiate from the Age of Aries, when spoken language was relatively new and anyone that could bark commands was looked upon as a god.
Let's be even different than the most recent (and rapidly fading -- Murdoch?) world masters of the Age of Pisces -- those that pretended to care, but impotent and ignorant in technology were not able to manifest such benevolence, no matter how honestly wished for.
The masters of this new age will have in their grasp the technology to FULLY master the environment of the slaves, and hopefully their ignorance will truly be bliss.
"It takes all kinds"
263.
Post 3733254 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.29h):
264.
Post 4329842 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.51h):
I will buy a lambo when I can get one for < 5 btc.
edit: forget that, I'd actually like something that doesn't run on fossil fuels. Are there any green super cars?
McLaren P1 plug-in hybrid.
http://cars.mclaren.com/p1.htmlSorry to be a killjoy but for the time being fuck the Lambos!
Please everyone prepare a small amount of your stash (doesn't have to be anything more than one twentieth perhaps?) in a wallet that is as easy for you to use and as portable as possible.
Then buy small stuff! A hamburger, a Zynga APP, a sex toy... doesn't matter what just do it!
If you want the growth to continue then merchants have got to report sales or it won't work in the long term.
Boring I know, but for most the Lambos will come a bit later!
The lambo was a PR stunt for btc. I buy just about everything i can for life using btc. But the media could care less about my socks!
Goat just shares in the Vision
thank you for buying the lambo, I sure as hell didn't want one.
265.
Post 4643613 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_11.57h):
is today the day
266.
Post 5067893 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.06h):
Gox does have some uncanny ability of staying alive
267.
Post 5070842 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.06h):
Is it correct to say that Gox is responsible for the first, second and fourth big crash of Bitcoin?
268.
Post 5070920 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.06h):
Gox just continues to diverge from the other exchanges... ridiculous.
market's never wrong, opinions are :p
269.
Post 5091540 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
270.
Post 5092064 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
Andreas is de facto the voice of Bitcoin right now.
And the fact that he and the foundation are at such odds speaks volumes about how in touch the foundation is with the Bitcoin community as a whole these days.
i was hoping Matonis would've helped them out more
271.
Post 5092481 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
We already block most forms which can be blocked, this was a change in bitcoin 0.8 (that was, in fact, causing withdraws delays for mtgox because they produced transactions with invalid encoding).
The recent flood of transactions use a pushdata change. A patch to block it was written in September 2013, but didn't make it into the codebase until today. If your node is running git bitcoin, just update and you'll have it.
272.
Post 5093006 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.
So, you call Bitcoin shit because of a bug that affects appearance, not function?
Don't you think that's a bit of a dishonest proposition?
It just amazes me how it affects
all major exchanges. Actually didn't expect that. So yes, from a practical world view, I would say that something has gone wrong that this was not noticed before by any of them.
It amazes you? From my experience, I expect the exchanges to do as little as possible to continue to function. Again, this has everything to do with the exchanges, not Bitcoin.
The day we have a
robustdecentralized Bitcoin exchange...
fixed that for you
The MasterProtocol has one due to be released into the wild by March 15 and evaluated by the 31st
the test build seems to be down at the moment though
http://mastercoin-explorer.com/order_books
273.
Post 5094876 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
274.
Post 5094890 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
Yay BFX down for me but still trading
I have limit orders set. I am better off just switching everything off and coming back tomorrow. My strategy is self executing and every time I fiddle with it during a market event I screw it up.
So I don't mind that I can't get to BFX
.
Sounds familiar!
me too lol
275.
Post 5094957 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.07h):
Well, if "Shroomskit's Law" (all positive news about BTC precipitates a sell off) then we should see a further dip in the price
yeah that's been the norm haha
276.
Post 7558557 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_12.55h):
277.
Post 10252048 (copy this link) (by vokain) (scraped on 2020-04-04_Sat_13.52h):
The comments following that post are priceless. People's brains are starting to short-circuit from repeating conflicting talking points that they hear in the media. Fascinating actually.
indeed
