All posts made by Ducky1 in Bitcointalk.org's Wall Observer thread
1.
Post 4182860 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.47h):
I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.
Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?
Hint: China.
You mean that perfect pennant on the 1H or some other thing regarding your trip?
Are you still there btw?
Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.
Maybe he means volume and price at the Chinese exchanges (Huobi and OKcoin) witch makes the market look much more bullish than it really is.
2.
Post 4210093 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.48h):
again, his only advantage is being an early adopter
He wasn't an early adopter.
Some may claim that those buying their first mBTC now are still early adopters.
3.
Post 4210208 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.48h):
And I honestly don't know what function would even look S like when mapped to log.
e^(1/(1+e^-x)) maybe
4.
Post 4210636 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.48h):
A log trend line (more precisely: linear regression on log charted price history) is a nice little tool to get a feeling for where we are at any point in time compared to the historic trend, and where we're going to be, very very roughly, in a few months or a year from now.
I don't think Bitcoin's long term trendline is going to be straight on a log graph - I think it's going to trace an S curve
graphed in log space.
http://bitcoincharts.com/charts/mtgoxUSD#igDailyzczsg2011-11-01zeg2013-12-30ztgSzm1g10zm2g25zlThrow away the data from before November '11, while the exchanges were trying to figure out how to operate, and what do you see?
I just tried that. With data from 1st of November 2011 to 15th of December 2013 (Mt Gox) the fit factor for a straight line in log space is R^2=0,9066 while for an exponential rise in log space R^2=0.9422. So, you are maybe on to something.
5.
Post 4210832 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.48h):
A log trend line (more precisely: linear regression on log charted price history) is a nice little tool to get a feeling for where we are at any point in time compared to the historic trend, and where we're going to be, very very roughly, in a few months or a year from now.
I don't think Bitcoin's long term trendline is going to be straight on a log graph - I think it's going to trace an S curve
graphed in log space.
http://bitcoincharts.com/charts/mtgoxUSD#igDailyzczsg2011-11-01zeg2013-12-30ztgSzm1g10zm2g25zlThrow away the data from before November '11, while the exchanges were trying to figure out how to operate, and what do you see?
I just tried that. With data from 1st of November 2011 to 15th of December 2013 (Mt Gox) the fit factor for a straight line in log space is R^2=0,9066 while for an exponential rise in log space R^2=0.9422. So, you are maybe on to something.
Plot:
6.
Post 4269062 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.49h):
good morning and happy new year, so what is up ? any news ?
CNBC demystifies bitcoin:
www.cnbc.com/id/101298888And a happy new year to everyone!
7.
Post 4269798 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.49h):
I'm just looking at Bid/Ask at MtGox. Probably manipulated but 40 mill+ Bid and only 25.5K ask - Bid/ask = 1575$/bitcoin. Explosion waiting to happen, or whales preparing to dump?
8.
Post 4276112 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Looks like it's time for me to post this again.
me like
9.
Post 4277321 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Bid/Ask on MtGox is now 1860 $/bitcoin - will gox run out of coins?
10.
Post 4277979 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
I don't think so, saw this a few days ago on twitter
11.
Post 4286169 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Choo cho choo
12.
Post 4288177 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
oxba @oxba 48 m
5 years ago, on this day, the first Bitcoin genesis block was generated.
Retweetet av AndreasMAntonopoulos
13.
Post 4308651 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Bid / Ask on MTGox is now up to 2193 $/bitcoin, and only 19000 coins left..
Choo choo choo !!
14.
Post 4312878 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
15.
Post 4313214 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Everyone does have different opinions and mine differs from yours!
I think this is quite the opposite of the "time" for the crash.
Come Monday we have the first full week of business after the New Year. Everyone knows that.
Every day there is a new news article pointing to investment and adoption of Bitcoin in 2014 by important players in important markets (Wall Street, E-commerce, Apps, etc. ) Did you read the Zynga news today?
Of course this doesn't mean that you can buy an APP for Bitcoin on Zynga
right now today. But what it does mean is that Bitcoiners, especially those thinking of day trading, can at last take room to breathe once in a while. With price rises like this in the past day traders had to stay glued to the charts 24/7 just to survive; now the pressure is
just beginning to ease off, and "Hodling" is
just starting to look like the soundest strategy even to a day trader.
Maybe others don't agree, but I think the fact that the stress is starting to ease a little for some of those invested in Bitcoin who might have been feeling nervous as hell previously, has an effect on the market.
I totally agree with all that
But if you go by TA, this is maybe the last point where anyone can believe we are still in "bear market", so if a crash is going to happen, it better happen now.
16.
Post 4313317 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Well from our current point to 1240 everyone is going to be looking for a crash.
So if it happens we should all profit. These crashes always give us time to cash out even if we don't catch the top. And a crash will most likely be news related.
If it doesn't crash then we will still have our coins.
The only way to lose at this point is to try to predict the top or predict the crash and sell before.
As traders we have such an advantage. Be measured and you should be ok.
Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?
17.
Post 4313721 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?
You know, theoretically-speaking if it ever were to become clear that we really were progressing onto an S-curve, I think every financially-wise person would cash out as little as possible, thus effectively negating the worry of a crash (disasters notwithstanding) for a fair while.
Incidentally I would however feel obliged while on the S-curve to spend plenty of Bitcoin to sustain the Bitcoin economy, which of course must evolve alongside the value of Bitcoin if things are to be sustainable. I don't know about others but personally I don't see Bitcoin working simply as a store of value like gold for example. Working as several things at the same time including as a store of value yes, but just something to be kept in a digital vault? No.
I think I will do something similar to rpietila's divestment plan as soon as the price have risen at least 5x my last buy in price. I'm a rather small fish, and still putting money into bitcoin whenever I have something left over (taking care not to invest more than I can afford to loose). As soon as there are bitcoin alternatives for things that I want to buy I will of course use that option (and buy back at the exchanges if price not over my target). Its very important to use the coins for what they where made for. (if my curve here:
https://bitcointalk.org/index.php?topic=322058.msg4227238#msg4227238 turn out to be a useful description even in the future it should go pretty fast btw)
18.
Post 4313771 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Stolen BTC never went into selloff, if I remember correctly.
doesn't matter, if/when this gets to mainstream news if it's true, price will plummet
edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins
Surely FUD, someone wants that crash.
19.
Post 4314902 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.50h):
Great numbers on the exchange! Hope this keeps up.
Heard something about netflix today. Anyone know any info on that? Also has their been any updates on how we plan on being able to handle of the transactions that will be pouring in?
Max Keiser rumour.
20.
Post 4332176 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
On week days, There's definitely a drop in volume from about 5 to 11 PM on the U.S. Eastern seaboard, at least on stamp. Has anyone done a cyclic analysis of the weekend volume patterns?
Europeans are sleeping then.
21.
Post 4340610 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Good morning.. Much action happening. Bot still buying at MtGox , and only 15k coins left Buy/Ask 2700$/BTC. Bulltrap or To da Moon?
EDit: that should have been To Mars..
22.
Post 4340756 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Bot still buying on MtGox though.. Are they afraid of running out?
23.
Post 4340851 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
So, we have passed the dead-cat-bounce price of 1068.99999 1067.99999 without much volume. What to expect now?
24.
Post 4341193 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Wow. Is this place ever dead.
Price surging upward and not a single CCMF?
I was expecting to see more missed trains pics myself
Its going to fast even for the bulls
25.
Post 4341239 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Bitstamp has a wall to climb.
This may slow things down for a while.
China has to cross 6000
26.
Post 4341269 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Bitstamp has a wall to climb.
This may slow things down for a while.
China has to cross 6000
I really dont think China has to do anything. I think if all the Chinese exchanges closed tomorrow, we would be right back where we are today in less than a week.
Right, but thats what slowing us down at the moment.
27.
Post 4341528 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
I fucking love this superexponential market and it's hourly gains.
This is hyperexponential.
Can I make a request for a hyperexponential line on a chart pls TA experts. K thnx
I have my spreadsheet at home, so not now.. btw, according to Wikipedia it's called Tetration -
http://en.wikipedia.org/wiki/TetrationHow many levels should we have?
28.
Post 4341606 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
29.
Post 4342637 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
no new wires at gox today, it's a holiday in japan
So the Stamp/ btc-e holiday deposits will arrive today, starting in a couple of hours.
Gox won't have any new ones today because it's a holiday, what about tomorrow?
tomorrow should be fine again.
stamp/btce wires will start soon but i don't know how far we can go without gox.
that's ok .. we can just chill here for a while ... back to trend now, feels mellow
This can't be right! You are predicting $1mil by the end of 2014!
Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period.
30.
Post 4343192 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period -- under the assumption that a single function generated the data during the entire period.
Fixed
Not attacking you, by the way, I appreciate your input. Just that it's a pet peeve of mine: pointing out that despite all the other assumptions (remove outliers or not?, which period to use for input?, exponential function? double exponential?), the assumption that it is exactly one function we're looking for is perhaps the biggest (simplifying) assumption of them all.
Yes, I agree. It's the best "simple" function I have found that best represent the data in this period. I'm sure there is more to it than this. Maybe step functions and
dampening underdamped oscillators could be added to have a more detailed description including the bubbles since there seems to be a time pattern to them. Some others have suggested steepening linear log functions (
http://bitcointalk.org/index.php?topic=394221.0, and others stick to the full range linear function with monthly price averages (rpietila
https://bitcointalk.org/index.php?topic=322058.0). And maybe the double exponential plot suggested in my graph is even to conservative, only time will tell. It's meant as an input for debate.
31.
Post 4343637 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period -- under the assumption that a single function generated the data during the entire period.
Fixed
Not attacking you, by the way, I appreciate your input. Just that it's a pet peeve of mine: pointing out that despite all the other assumptions (remove outliers or not?, which period to use for input?, exponential function? double exponential?), the assumption that it is exactly one function we're looking for is perhaps the biggest (simplifying) assumption of them all.
Yes, I agree. It's the best "simple" function I have found that best represent the data in this period. I'm sure there is more to it than this. Maybe step functions and
dampening underdamped oscillators could be added to have a more detailed description including the bubbles since there seems to be a time pattern to them. Some others have suggested steepening linear log functions (
http://bitcointalk.org/index.php?topic=394221.0, and others stick to the full range linear function with monthly price averages (rpietila
https://bitcointalk.org/index.php?topic=322058.0). And maybe the double exponential plot suggested in my graph is even to conservative, only time will tell. It's meant as an input for debate.
I've seen them both. gbianchi models price as a function of total no. of btc addresses unless I'm mistaken. Not totally dumb I'd say, but in the end, I'd bet no. of addresses and price are not independent. And rpietila is using the most "traditional" way of a log linear model (line of best fit) unless I'm mistaken. I strongly doubt that approach is useful for active trading, it's shown itself to be off by more a factor of 10 (!!!) at times.
I understand the desire to find the *one* function that fits them all, but even trying to find a more complex function like an (under)damped oscillator is perhaps not the best way to go about it: I personally believe there is no way around the idea that, at different time periods, different functions govern btc price. The trick is of course to limit that number in a systematic way, and to avoid overfitting.
Yes, so how do we best limit the number in a systematic way?
32.
Post 4343690 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
11,000 BTC to 750$ ... 11,000 BTC to 2,000$ ... (Gox)
EDIT: 12,000 BTC to 10,000$ ... is that true or is bitcoinity borked?
http://trading.i286.org shows ~15 000 bitcoins for sale at any price
33.
Post 4344039 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
I will make another call, whoever will sell now, will really get burned so hard, you will regret it.... never sell when the price is going down
Unless a really really big whale dump is coming, this is true.
34.
Post 4344592 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.51h):
ATH before day is over?
35.
Post 4346641 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.52h):
Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period.
Whoa!!! Are you saying there's a chance of BTC not hitting 1mil in 2014?!?! I already mortgaged my house and my family based on your analysis!
Only a slight chance
Seriously, since i'm not a ruthless kind of trader type, but rather a science kind of type I don't like to make people do anything they would not do anyway.
Btw, im thinking the explanation for the second log in the log-log chart might be hoarding, hodling or what you want to call it. As time goes by the people left holding the bitcoins are more and more likely to hold them longer, while the loose hodlers are shaken off. Thats also explains why the first big bubble in 2011 don't fit. Then there where not many hodlers, and they appeared after this first bubble (ref
https://bitcointalk.org/index.php?topic=394221.0)
36.
Post 4346685 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.52h):
Thank you Ducky1 for the beautiful chart! It is perfect for a "bull" like me. I figure since I am a hodler it can't hurt to dream big. I actually printed it out and I was teasing BitChicksHusband that I wanted to enlarge it and frame it for our wall.
Your welcome
Glad you liked it, I can make a higher res version for you if you want. Thank you for making me happy
37.
Post 4364013 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.52h):
Buy bot seems to be back at MtGox. It was turned off yesterday during the decline. I guess whoever runs it feel safe to buy more now when the price has dropped a bit, and more sell orders are on the table.
38.
Post 4375415 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
I don't remember who first posted this chart, but the trend has held beautifully until now:
https://www.tradingview.com/e/eBL7nAJN/
39.
Post 4383545 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Choo choo
40.
Post 4383625 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Check out the buys on GOX!
You just don't do a large buy and provide no support for it after. It obviously gonna go back down again.
What if you wanted to buy more at a low as possible price?
41.
Post 4384202 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
I am waiting for that watershed line where sentiment is no longer "could go to zero." This fallacy will not always exist. And when it doesn't there will be an exponential rise in price.
But price is
already rising at minimum exponential rate?
42.
Post 4384551 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Wonder what effect the alibaba news will have on this news-sensitive market
Isn't that already old news?
43.
Post 4384748 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Wonder what effect the alibaba news will have on this news-sensitive market
Isn't that already old news?
Date of Bloomberg report is Jan 7, 2014 10:38 PM MT
Yet if the market is news sensitive as we perceive it to be, it could explain the current stagnation.
Sell on rumors buy on news? Huobi indeed had a fall, but has since recovered.
44.
Post 4409197 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Good news:Coinsetter integretes with bitstamp
http://www.coindesk.com/coinsetter-integrates-with-bitstamp/.
I see also that the very long term bullish channel has been broken for now, and needs to get higher than 925 asap..
45.
Post 4418227 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Crazy to follow Bitcoin at the moment. So many positive things happening, and at the same time some possible big negatives looming in the close horizon. It seems very likely that BTC will be shut down in China, and the FBI coins will have an impact if they are dumped on the exchanges. The Overstock news feels so big. It will change a lot of people's perception about Bitcoin. Short term I find it impossible to say what will happen. Will we have a correction, or have we reached critical mass momentum wise, and just take shit over from here? Still I find myself doing small trades to try and increase my holdings, failing miserably most of the time.
No matter how it goes, I am thankful to be watching this epic thing in the history of mankind unfold. Long live Bitcoin!
"Loaded" have already told in this thread that FBI coins already have several interested buyers of exchange.
The FBI will not be selling on an exchange. Several people easily capable of buying all the coins have approached them with offers.
46.
Post 4418578 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.53h):
Does he have a source? I don't know much about Loaded, he is a super big whale right?
Yes. And he is buying for other whales to, so maybe he is the source.
47.
Post 4429458 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Worrying for fiat:
2013 ends with weakest job growth in years
http://money.cnn.com/2014/01/10/news/economy/december-jobs-report/index.html?iid=LeadWhile FED is doing this:
= crash coming?
48.
Post 4434809 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Wow
50000 online businesses!!!
Yes, this seems huge imho. I will guess that most of this is pr0n sites. That will be a lot of men wanting to get some coins to fund their "hobby". Hopefully finding that bitcoin is a really clever thing after using it for a while.
49.
Post 4437904 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Thanks, I have seen most of the presentation. It makes me understand why the double exponential price curve for bitcoin is a very possible senario.
50.
Post 4437942 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Now, that IS the best chart ever!
51.
Post 4454205 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Thanks, I have seen most of the presentation. It makes me understand why the double exponential price curve for bitcoin is a very possible senario.
Very interesting conversation about God/silver markets -
http://www.silverdoctors.com/long-wrong-ned-naylor-leyland-on-the-last-little-trickle-of-the-gold-repatriation-game/#Certainly builds confidence to that "something" will happen pretty soon.
52.
Post 4455258 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Anyway anybody with half a brain probably gets it by looking at this chart:
Of course when you purposefully deny the possibility that what the economic collapse next week bloggers tell you is wrong you might choose to ignore it.
I don't want to ignore anyone. Gathering viewpoints from as many angles as possible is my goal. However, the mainstream viewpoint is usually not very interesting when dealing with things like global market crash.
53.
Post 4463315 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.54h):
Tera, when you said wait for the next FUD, it will be the FUD of all FUDS.. well here you go.. sacrifices answered.
This fud does not scare enyone, so the FUD of all FUDS has to be better than this
54.
Post 4474580 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Sorry for the off-topic, but does anyone know a good/cheap/safe way to transfer credit card money to regular bank account money (US)? Or to bitcoins? Trying to help out a friend.
Its not very cheep, but it was how i bought my first bitcoins:
www.virwox.comHere you can buy something called Linden dollars with a credit card, and then exchange the Linden dollars for BTC.
55.
Post 4475066 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
But right now Bitcoin does not look like such a good investment, does it? It may be a gold mine for day traders, but to prosper one must be smarter and quicker than all the other smart guys, which I am not.
If you buy now, and bitcoin becomes the success many of us believe, you are in before 99.98% of the worlds population
56.
Post 4481729 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
EToro launched it like 3 weeks ago, and I opened a thread here about it like 2 weeks ago
was it live or private beta? I do remember reading about it but I don't recall it being live or not
It was beta when I saw it, don't think it was private, never got an invitation.
Any idea when it will go out of beta?
57.
Post 4481944 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Any idea when it will go out of beta?
I had to try it, and actually it works already. I made an account, deposited with credit card and bought some BTC "stocks", very painless process.
58.
Post 4482074 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Any idea when it will go out of beta?
I had to try it, and actually it works already. I made an account, deposited with credit card and bought some BTC "stocks", very painless process.
If it is beta, it doesn't mean it is not working
Works fine. The price is from MtGox it seems, so quite high.
59.
Post 4482156 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
I am so fucking pissed at this bitch right now.
She could as well ask for banning all fiat money because dealers on the streets use it... Some people are insanely idiots.
That bitch has only her son to blame, and maybe herself. If the punk wanted coke, he would get coke anyway, with or without btc.
When will the mothers of US drug victims go after the $?
60.
Post 4482820 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Any idea when it will go out of beta?
I had to try it, and actually it works already. I made an account, deposited with credit card and bought some BTC "stocks", very painless process.
If it is beta, it doesn't mean it is not working
Works fine. The price is from MtGox it seems, so quite high.
Yes, it's Gox. The worst part for me is that orders are going through once a day only so you don't have idea at what price you're going to buy/sell.
According to what I can find on their web the orders will be executed 4 times a day (translated from spanish)
ATTENTION TO ALL THE COMMUNITY:
$ BTC, habis already grabbed released in Beta mode, is now an official instrument etoro. The virtual currency works as ACCION, ie you do not buy and sell Bitcoins, but the CFD. Because of its volatility, the implementation of this action will take place in four packs a day at the following times (all GMT): 6:00 am, 12:00, 18:00 and 00:00 from Monday to Friday (special hours holidays).
The great advantage of this system is safety, and that not having the Bitcoins physically speaking, not the hack may or may mislead, but if you can enjoy the profits from the price speculation. Any questions you have about $ BTC in eToro, do it here!
61.
Post 4482936 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
The price is still too high.
With huobi closing @ january 31 the price will drop.
550-650$ is the target, that's approx 50% of the ATH. It could even go as low before the chinese bubble, but that's highly unlikely.
Do you have any actual verifiable information that Houbi will be closing on Jan 31?
62.
Post 4485107 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Much failed dump.
63.
Post 4485368 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Aww I missed the big 4k pages:(
So what's going on here? Someone gonna make a huge buy or what?
Hard to say right now, but I find it rather suspicious that the price is dumped so much after so much good news.
64.
Post 4521806 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.55h):
Choo choo
65.
Post 4544847 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.56h):
It seems this time of day (about 9:30 PM chinese time) is a normal dump time over there since it's a recurring event.
66.
Post 4545065 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.56h):
It seems this time of day (about 9:30 PM chinese time) is a normal dump time over there since it's a recurring event.
Actually it was almost exactly 9:00 PM chinese time. It was exactly the same yesterday, a little bit earlier on the day before and the recent low of 4640 was at rougly the same time also. So, traders, not news.
67.
Post 4545129 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.56h):
Looks like there are some rumours abound in China atm, Huobi is acting really twitchy.
There are no Chinese rumors, only confirmed bad news facts from trusted sources. Sell now!
68.
Post 4560567 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.56h):
Realy, it sucks. Strong resistance upwards. Strong support downwards, resulting in tiny movements.
Finally the stability bitcoin needs to be used as a currency.
69.
Post 4560619 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.56h):
Here is an obscenely bullish desktop wallpaper (for usage as pr0n substitute), concentrating at this multiple times a day for 2 minutes each time will release endorphins and convert every bear into a bull after long enough exposure. I have made it 1024*768 for old laptops, I can make higher resolutions too.
This graph is only bullish until you realize that it has to drop to far below the trend line soon for the trend line to be valid. So, this chart is actually bearish in the short/medium term. I will update my more bullish graph (found other places on this forum) when January has passed.
70.
Post 4600450 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
why is china panic buying?
Bitcoin is going to drive the world into a freenzy in 2014, didn't you know?
Some people just don't get it..
71.
Post 4615941 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Can somebody run that chart out thru 2016ish?
Maybe at the end of January when I revisit those charts. But I have a hard time defending the predictions made by this chart even though the math should be sound. The S-shape has to be introduced in some way, but what to set as target price? The dollar has to collapse totally in a very short time span during 2014 for this to pan out as predicted. Much questions.
72.
Post 4617702 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
When will Bitstamp and BTC-e move closer to gox? The lead is 120$+ now.
73.
Post 4617880 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Actually its more like this:
74.
Post 4629774 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
OK - Gox is 140 up on Huobi / Stamp /BTC-e.
The other three are within a dollar or so of each other and largely not budging much.
I don't get it - this looks very odd to me.
Any credible theories out there?
Definitely not wild speculation and manipulation.
Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.
75.
Post 4629862 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.
Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?
76.
Post 4630189 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.
Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?
Itīs not that hard to see that this bot is obviously buying his own coins, where do you think the 12-18 BTC asks do come from. Do you think someone else is putting always nearly the same amount in Gox orderbook.
There are almost no other trades happenin besides this one. And of course some usual 300 and 500 BTC buys are shared between the 0.01 and the Willy trades.
Well, curiously enough the Gox ask amount has gone down about 3000 coins since Willy started last buying spree, so someone is buying those coins, or do you suggest that coins are being removed? Btw, eToro traders have in the order of 5 billion$ on their trading accounts,
77.
Post 4638791 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Shut the fuck up about the rotten dog money ffs.!
78.
Post 4638854 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Shut the fuck up about the rotten dog money ffs.!
Such rage, many anger.
Yes, you guys ruin a perfectly fine thread with you dog manure.
79.
Post 4638899 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Any speculation regarding the New York hearings? IMO, a clear policy direction from this hearing may be more important than the China stuff.
At least there is some general sentiment talk in this video.
https://www.youtube.com/watch?v=WMilJzD3pL0
80.
Post 4640867 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
So is that bot on mtgox going to buy us all the way up to $10,000, 20btc at a time?
It should take about 10 days
81.
Post 4645108 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
From what I have read here, BTC-China decided to play it safe, and stopped accepting cash deposits. They now use vouchers that one can buy at e-commerce sites -- a system which is very cumbersome at least.
Huobi and OKCoin still accept cash deposits through commercial bank accounts. I have read here that the owners are related to powerful politicians; if true, that may explain why they have chosen to run this risk. I have seen no reports of problems with withdrawals, but presumaby they must be in CNY only.
Now this interests me a lot if true. Kind of gives credence to the whole China pump n dump conspiracy theory, with the end result intended to be a few interested insiders within the Chinese Hierarchy coming into possession of a shit-load of cut price coins.
I recently explained the whole Bitcoin phenomenon and current state of affair to someone who I will describe as a Man of the Street/Wide-boy. His immediate response was that "the Chinese will go mad for Bitcoin cos it is a way of getting their wealth out the country, but the Chinese big boys will want to control it and to do that, they will crash it and buy it up without telling anyone".......
Mat, So am I to think that there is to be a crash +/- 1 Feb followed by a run up by Chinese big boys? Is that your take?
The crash already happened, have you forgot December?
82.
Post 4646898 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
Ask again under 20 000 on mtgox, and bid rising. Willy is doing a good job.
83.
Post 4648854 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
I'm trying to understand this. Off-putting, how?
Too much effort in convincing people to
invest in Bitcoin, rather than to
use it.
"Look at how many millions you could make by investing bitcoins" instead of
"Look at how many cents you could save by buying a toaster with bitcoins instead of a credit card."
A sure sign that an investment is a scam is when its TV ad shows a smug man on a luxury boat with three girls on each side. Renting a storefront next to NYSE is not as bad, but is going in that direction, IMHO.
If you read and understand this article, you will be enlightened:
http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/His point is absolutely not countered by what that (by the way: pretty pedestrian -- "Napster"? Really?) article says. JorgeStolfi wants more emphasis on actual BTC usage, less on the "get rich quick" aspect of BTC. I partially agree.
Napster is a good analogy. The first time i downloaded it and tried it (before many people knew about it) i had a 'whow this is genious' moment. I have the same, but even stronger feeling about bitcoin.
84.
Post 4652801 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.57h):
This bot is probably buying his own asks, to give the illusion that the exchange isnīt dead.90% of all trades on Gox are created by willy. Is the sum of total asks on Gox goin down? Where can i see those numbers?
You can follow the numbers here also:
trading.i286.org/# It was at 23000-24000 before "willy" started chewing
Edit: and last time he "chewed it went down to 15000-ish
85.
Post 4686268 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.58h):
86.
Post 4694354 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.58h):
87.
Post 4718677 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.58h):
just use bitsimple.com easy easy easy...
Can you sell as much as you want there without moving the price?
88.
Post 4737924 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_11.59h):
Weekend bull trap? Final edition?
bitcoin itself is a permanent bull trap
what are you doing on this forum???
I dont feel trapped.... I feel..... rich?
But yet you can't make yourself sell
.
Why would anyone sell the next world currency?
89.
Post 4927378 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_12.02h):
90.
Post 4927454 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_12.02h):
and the btc-e news seemed to be bs
crazy russians
Seems the russian hackers will do anything to (try to) manipulate the bitcoin price. Fortunately it does not work, and thats bullish
91.
Post 4936716 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_12.02h):
Ok, couldn't find the original so I made my own version (found the base image).
DO SOMETHING, BITCOIN!!!LOL - good one
92.
Post 4962401 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_12.02h):
2000btc sold on gox?
Bears in the town...
Now 3000+ sold in last 10 minutes, gox is panicking - all other exchanges seem to be keeping their heads atm.
That can maybe be a good sign. Fiat withdrawal working again?
Edit: or maybe not - stamp also hit by sales
93.
Post 10343659 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_13.56h):
BTC5k till $250 on finex
looks like someone really doesn't want BTC to go up
BTC6K to $230 on finex
looks like someone really doesn't want BTC to go down
94.
Post 12177316 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
I predict the mother of all crashes coming if they do more "stress testing" now that the fork issue is also coming to a headline near you.
95.
Post 12177463 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
I predict the mother of all crashes coming if they do more "stress testing" now that the fork issue is also coming to a headline near you.
When are they going to start stress testing again? I heard it would vaguely be sometime in September but is there anything more specific than that yet like a date? I don't want to have my payments stuck in limbo for days like during the last test, but I also don't want to start paying higher fees until absolutely the last minute.
If they do that then I think it will be a scenario that Bitcoin will have difficulty of recovering from. It might be the beginning of the end, and something else will take over.
96.
Post 12177570 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
I predict the mother of all crashes coming if they do more "stress testing" now that the fork issue is also coming to a headline near you.
When are they going to start stress testing again? I heard it would vaguely be sometime in September but is there anything more specific than that yet like a date? I don't want to have my payments stuck in limbo for days like during the last test, but I also don't want to start paying higher fees until absolutely the last minute.
If they do that then I think it will be a scenario that Bitcoin will have difficulty of recovering from. It might be the beginning of the end, and something else will take over.
One word:
AntifragileYes, the technology is, but the particular instance of blockchain technology called Bitcoin might very well decrease in value and popularity until its put in a museum as something similar but better wins over the popular support.
97.
Post 12177627 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
I predict the mother of all crashes coming if they do more "stress testing" now that the fork issue is also coming to a headline near you.
When are they going to start stress testing again? I heard it would vaguely be sometime in September but is there anything more specific than that yet like a date? I don't want to have my payments stuck in limbo for days like during the last test, but I also don't want to start paying higher fees until absolutely the last minute.
If they do that then I think it will be a scenario that Bitcoin will have difficulty of recovering from. It might be the beginning of the end, and something else will take over.
One word:
AntifragileYes, the technology is, but the particular instance of blockchain technology called Bitcoin might very well decrease in value and popularity until its put in a museum as something similar but better wins over the popular support.
I'm sorry, but you still don't know Bitcoin and it's community well !!
Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.
98.
Post 12177711 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.
Mr. Contradiction, from where did you buy your crystal ball ?
Kindly tell me as your crystal balls sucks tbh !!
Lol, not perfect, but has there ever been a technology where the first implementation where the successful one in the long run?
99.
Post 12177791 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.
Mr. Contradiction, from where did you buy your crystal ball ?
Kindly tell me as your crystal balls sucks tbh !!
Lol, not perfect, but has there ever been a technology where the first implementation where the successful one in the long run?
Did you hear about the
internet ?
The internet can be equaled to the blockchain, not to a particular implementation of the blockchain called bitcoin. Saying that bitcoin IS the only possible blockchain is a like saying Mosaic is the only possible internet browser.
100.
Post 12177930 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.23h):
Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.
Mr. Contradiction, from where did you buy your crystal ball ?
Kindly tell me as your crystal balls sucks tbh !!
Lol, not perfect, but has there ever been a technology where the first implementation where the successful one in the long run?
Did you hear about the
internet ?
The internet can be equaled to the blockchain, not to a particular implementation of the blockchain called bitcoin. Saying that bitcoin IS the only possible blockchain is a like saying Mosaic is the only possible internet browser.
And who came with the blockchain, isn't
bitcoin ?
Yes, the inventors of Bitcoin invented the blockchain. Since then there are already hundred, if not thousands of implementation's on the market with various improvements and variations from bitcoin's implementation. The only reason bitcoin is still largest is because of it's first mover advantage and widespread adoption. Which is also it's handicap since it's so difficult to change obvious flaws.
101.
Post 13323903 (copy this link) (by Ducky1) (scraped on 2020-04-04_Sat_14.38h):
People, get on this, it is a possible gamechanger for bitcoin and other digital assets! (therefore speculation is also a proper channel)
It's a professional HFT exchange for digital assets targeting the really large customers like Hedge funds and governments. It's almost ready for launch, and they want to make some buzz. You can support it and get your name on their dedicated backers thank you page while receiving free trade fees. It's not because they need the money, but because they want to spread the word. So please do.
Here is the support page on startjoin:
https://www.startjoin.com/DAXPAn their web page:
http://www.blockex.com/about/ - as you can see there are professinal bankers, and John Matonis (Bitcoin foundation leader) on the list of Advisors.
Have they got any good hackers on their side ... or will it just be a buggy DDOS crapped-up exchange?
No, these are professionals, and it will be a wall street grade exchange. A whole new ballgame.
TECHNOLOGY
The core of the BlockEx Platform is a Pooled Liquidity Exchange with a lightning-quick High-Frequency matching engine, designed for trading Digital Securities; the new breed of asset class born out of Crypto Currencies . Built to meet the needs of traditional banking institutions, governments, retail trading firms and retail traders; engineered and secured by leading banking security experts.
They have all the funding they need, but want to spread the word as I said.
This just might be the napster moment for crypto.
