Quote from: billyjoeallen on April 18, 2014, 05:23:51 PM

Quote from: Post-Cosmic on April 18, 2014, 04:43:56 PM

Guys I think I spawned a wave of newbie acct creation. See all these folks w/ 1-10 posts suddenly popping up in more frequent regularity than before..? ;o

Also Billy, don'tcha know, that the great rise from 340.. (which caught me by surprise, I had made SO much shorting dangerously, from 408, all the way down to 350's, when it showed it couldn't even climb back pathetically to 416, but then, I thought it'd keep going to 300's-320's so I re-shorted at 360..and held it far too long.. Only got convinced to go long way past that, around 460's.. =/)

..was obviously caused by some individuals/agencies enterprisingly taking the bull by the horns & asking the PBoC themselves, on Apr 10th, what exactly was really up w/ them 'hating on' & rumors of 'wanting to ban' bitcoin, to which they absolutely shocked the world (a shock that exacerbated how violent the bounce from 339/2200's was) by responding "..What? Bits of coins? Coin bit fermented tea leaves..? Ohh right, those tokens. We don't care about those, they're just an internet nerd joke play-money type-thing like collectible stamps, or antiques etc. 'Banning' something like that doesn't even enter the realm of considerations."

Then, on TOP of that, OKCoin told everyone how proud they were of their brand new plans for deploying the very first Bitcoin ATM in mainland Sinaland, along w/ some others yammering something about software Point-of-Sale 'ATM'-functionality being designed as well. So, that's what made the entirety of chinese bitcoinland to cream their pants in a collective 'Stamp-BTCe-dominating' '2H-chart-price-rise-stairway' frenzy that could not reach a zenith of relief until all the way @ 3450's.

So looking back, one can definitely attest this was not a groundless bull run. It nevertheless caused a major shift in sentiment all around, and makes it most probable that dropping below 390's again is a shrunkenly tiny possibility, while also indicating a break above 610-615 to be rather unlikely at this point, until the next major news/events are able to propel the trend beyond a ~400-600 channel in either direction.

It's entirely possible your analysis is correct and I really think the PBoC has bigger problems to worry about, but if sentiment can shift this easily, then it can also shift back this easily. Something is rotten in China and it probably has something to do with one or more of the major exchanges. Something vaguely gox-like may be brewing. It may be a false positive, but I can smell it. The volume and price movements are uncannily similar to March so far. This is my uninformed opinion and doesn't prove anything, obviously. Price movements are similar until they are not. Trends continue until they don't.

I'm not going to say "I told you so" to those who were saying we'd never see the $400s again, and I won't say "I told you so" to the $300s either if that happens. I'm just saying their are too many unknowns to justify me buying higher unless I get some compelling new information.

Yeaa, the more I think about it the further confident I feel about this short I'm in, even though that's Finex only, my BTC.sx is neutral of positions till lower price (gawd that spread.. =/). Another G0xxing by any of these relatively fledgling exchanges has indeed always been within the specter of possibilities, whether from europe and russia, to asia, or even north america.

This, in addition to the steadily decreasing collective trust of bitcoiners for letting exchanges hold their funds, over the past several months, indicates an overall bearish sentiment is right at the door in reality ; Especially if various PRC branches continue to persecute BTC & shut down bank accts all over the place, or even, as is actually eerily plausible, if they somehow impose further restrictions on ATMs/soft PoS use to the point of unviability. The minute that happens, all positive sentiment would be virtually erased & revisiting last April's ATH would become a solid prospect.

Of course, all that would under any realistic projections require several weeks at the very least to take place, so, as we're nearing May, there would only be close to 60-75 days for everything to crash & capitulate abysmally, before the 'CCMF' bundle of Summer '14 good news that's been so often forecast - NY legislature/institutional backing, SecondMarket, etc, which, if added to a far lowered BTC price, would make it an absolute no-brainer BUY then.

Quote from: Blue on April 18, 2014, 06:04:16 PM

This ignorer is currently in use.

Ahh, I trust you are speaking to us in Jovian, then? Excellent, I lov me some foreign linguistics, the more arcane the better Cheesy

Quote from: Newfeeling on April 18, 2014, 05:45:03 PM

Quote from: JayJuanGee on April 18, 2014, 05:38:02 PM

Quote from: Post-Cosmic on April 18, 2014, 03:18:23 PM

Nahh, we may yet title him 'Prof.' merely as a tongue-in-cheek address in much the same way one humors a disheveled old homeless street joker in the Brooklyn subway Cheesy

(Sorry Jorge I don't intend to be so mean - it's just teasing you is so irresistible ;p)

I think that some posters already do that... they call him prof. as a form of exaggeration or to suggest that he should know better.

To each his own, and I sometimes will use such a title strategically, as well - in order to exaggerate a point.

On the other hand, I question whether he really is a professor... but doesnt really matter too much to me, either way.

Mostly important to attempt to stick with the substance; however, sometimes personal motivations and personal representation do become a part of attempting to know which posts to trust and which ones NOT to trust. And, sometimes when a panic comes on, a trusted poster could help to put matters into perspective. An untrusted poster could assist to accomplish the same, as long as the reader understands that the particular poster is untrusted.

http://www.ic.unicamp.br/~stolfi/

Nice. That face even looks like that trollish/playful type of personality ;p This adds to mounting positive evidence such as the active twitter acct, the political activist/speaker/academic conference event links, the wikipedia article (and they are strict about notability..if not substantially googleable, almost any article is swiftly deleted)..