ok, now bought that half back for 0.029 .. now this is what I call fun

i witnessed this happen to nxt first hand on a smaller scale obviously but same thing applies. agree with you fully.

Yes, you sure have a way with words to make a grown man smile 

It reminds me of the Paycoin fiasco, and the obscene amount of money it raised when it began. I still wonder if the Bitcoin crash afterwards was partially due to cashing out all the Bitcoins raised through Paycoin. This DAO could make a similar ETH crash.

It gets even worse for the ETH DAO investors, looks like your Eth investment is devalued upon price rise, this is going to end badly, so bad that... Dr Gavin Wood ETH chief scientist & DAO curator resigned , he know's whats coming    https://medium.com/@gavofyork/why-ive-resigned-as-a-curator-of-the-dao-238528fbd447#.4b1m1viv3

Hrmm! automated ponzi, progress is the future lol.

You are correct.  I am not engaged in any kind of programming of a bot(s) to trade BTC, so I do not understand those terms or methodologies, and I don't feel inclined to look them up, at the moment.

Furthermore, I do not understand how or if you may have tailored any of those referred to methodologies to achieve your own objectives in any kind of meaningful way or if you may have screwed them up or learned them over time through trial and error. 

More or less, I explained my personally tailored approach in laymen's terms which boils down to what I tend to do mostly manually under various circumstances rather than some pattern that is programmed to repeat under a variety of scenarios.  You may have noticed that I am not a bot, even though you assert that you have been engaged in programming one or more bots, no?   

In any event, it doesn't really matter too much how many words I chose to use because that's within my discretion.

In your first post, you inquired regarding what I was doing, and you seemed to make a variety of incorrect assumptions and assertions.  I used my discretion and prerogatives, as a human, to attempt to respond to that.

Subsequently, I learned that you prefer to act a bit like a pretentious and self-righteous turd, and surely that is within your own discretion to determine your tone and your approach and to determine whether you want to explain your situation in terms of conclusions and abstractions, or to engage in any kind of meaningful attempt to explain with details what you are doing to the extent that anyone may be interested in your methodology, if it is actually true.

If you did not have such an asshole disposition, I might be curious to find out a bit more regarding what you are doing and your historical experiences, even though your practices, to the extent that any of it could be true seems to differ a bit from what I have been doing..  Furthermore, your choices regarding how you explain your supposed system seem to be a bit combative and annoying, so maybe it is not so interesting for me to ask for any more details than those sparse ones that you have already chosen to provide.

You can call it whatever you want, including uncle bob, if you chose not to explain specifics, which had included applying practice to theory and also responding to issues/questions raised by someone else on a forum.

And, by the way, you are welcome.         

I keep these kinds of charts to remind myself of my own buy/sell authorization limits, yet I will tweak from time to time.. and then change the next buy or sell amount based on the previous buy or sell that took place.. and some of the  projected numbers in my spreadsheet will self-adjust based on my own setting of framework parameters.  

Accordingly, my increments of buy and sell and the spread evolve over time.. as the market changes... So for example, last night before I went to sleep, I could not resist or wait until below $449 to buy, so instead I bought at $449.61, and reset my buy number from $449 to $448.50 and reset my sell number from $453.5 to $453.  I did not sell at $453 last night because I was sleeping when the price went to $454, and no big deal if I miss a few of the price swings... and many times when I am buying/selling manually, I set my bitcoin price alarm for larger price swings rather than the smaller ones (depending on how much I want to sleep, but last night I set the low at $446 and the high at $456, which maybe shows that I did not value my sleep too much, but it didn't go off).  

Currently, on the way down, my buy price increments are every $1.50 and then it goes to every $3 and further down it goes to every $6, and if the market moves fast I will skip a few of the price buy points and then buy several of the increments at once (and likely adjust the quantity that I buy based on if I believe the market might reverse or continue going down).  

On the way, up my sell price increments start at every $2 then goes to every $2.50 then to every $10.  Ultimately these buy/sell points are ballpark self-authorizations that give me pretty good guidelines for what to do and if the market moves a lot I am prepared.. or if I am out and about (with only my mobile phone on me), then I have a pretty good idea in my head about the ball park of what to do - i.e. when to buy/sell and approximately how much.

I have some BTC trading that involves zero fees (on Uphold) and I also have trading that has variable fees between .1% and .25% (mostly on BTCe, Gemini and Coinbase Exchange).  I also use Circle for some matters, Local Bitcoins, and the Blockchain wallet app for direct sales and other trading - and some of the various exchanges and accounts tend to be working on arbitrage opportunities, too.  Also, for example if someone pays me in BTC for a product or service or if I pay someone in BTC, then I will decide how to treat that and whether to convert to fiat or to replace with BTC right away.     When I use the services that have fees, then I have to adjust my buy/sell strategies a bit to adequately account for the fees - which usually I tend to require the price to move an additional .25% or so before I make my move, which currently is about $1.15

Even though you may be expressing some skepticism, Cassius, about my methodology and whether the profit is so insignificant that it is not worth the risk, yet in the end, my trading method has been profitable with a considerable level of consistency and maybe even foolproofness and has helped a lot to put my whole BTC holdings in a good position with more BTC accumulated overall in my various accounts, and more fiat stacked up in various accounts in the event that BTC prices go down (which seems nearly inevitable in bitcoinlandia that we are going to experience both ups and downs), and one of the riskiest aspects of my application of the theoretical trading practice has been when I tend to deviate from my pre-planned strategy and to attempt to anticipate the price too much and to attempt to sell on the way down or to buy on the way up...  these tend to be foolish and stressful events when I deviate from the pre-plan..  so in the end, I have found that it has been a lot safer to buy on the way down and to sell on the way up, within a sort of framework with limits.

Further, at any point, I can choose to NOT be so stressed out about trading small price swings, and I can can purposefully adjust my strategy to trade bigger price swings... It is totally up to me and my perception regarding how much time i want to spend trading smaller price swings or not.  Currently, I am finding trading smaller price swings to be very good practice, and I am pretty easily able to fit it into my other daily activities.

Down for 5% looks approximately like this:

BuyPrice   BTC_tobuy           $Amt_ToBuy

$423.00   0.20263425   $85.71
$426.00   0.20120724   $85.71
$429.00   0.19980020   $85.71
$432.00   0.19841270   $85.71
$435.00   0.19704433   $85.71
$438.00   0.19569472   $85.71
$441.00   0.19436346   $85.71
$443.00   0.19348597   $85.71
$444.50   0.19283304   $85.71
$446.00   0.19218450   $85.71
$447.50   0.19154030   $85.71
$449.00   0.19090041   $85.71


Up for 5% looks approximately like this:

SellPrice   BTC_toSell           $amt_toSell
      
$453.50   0.15750512   $71.43
$455.50   0.18817626   $85.71
$457.50   0.18735363   $85.71
$459.50   0.24871755   $114.29
$462.00   0.24737168   $114.29
$464.50   0.24604029   $114.29
$467.00   0.24472316   $114.29
$469.50   0.24342005   $114.29
$472.00   0.24213075   $114.29
$474.50   0.24085504   $114.29
$477.00   0.23959269   $114.29
$479.50   0.23834351   $114.29

possible offline transaction. just hand over the key.

Anything going on here?

Status on Teleport?

That was quite the hiatus cassius..... and I thought my post hack absence was long.  Good to have you back man


NWweight:86,610