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15841  Other / Off-topic / Re: Merit System Upgrade on: February 06, 2019, 07:45:56 PM
@nutildah - thank you for the kind words


After some more pondering; I've got an idea of "antimerit". If the forum have merits; then it can have a negative iteration of merit - the "antimerit".
If the senior users could have the power to give negative merit to overly active spammer/shitposter; it could prevent a lot of junk on this forum. The number of "antimerits" should be limited in some sensible way - to prevent misuse of power.


Forum members have frequently raised the idea of antimerits (or demerits), and I personally believe that it is very unlikely that theymos would introduce such a system, especially when looking that the trust system and having the trust and untrust features. 

In my viewpoint, if such a system of demerits were introduced, it would result in a lot of unnecessary and petty squabbling and likely bring out the worst in members.

theymos did actually mention "demerits" when he introduced the merit system, and likely he has made some subsequent post on the topic that continues to show reluctance to entertain proposals to add "demerits" to the forum.

Below are theymos's words in his original merit system introduction post:

..............
There is currently no such thing as a "demerit". I'm hoping that the positive merits alone will be fine. I could add demerits pretty easily later on if necessary, though.
15842  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 06:38:13 PM
Again, I'm wrong about practically everything, so feel free to ignore me -

O.k.  No problema.    Cheesy Cheesy Cheesy
15843  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 06:27:47 PM
Theymos says 3 grand. I'm betting on 3 grand. Sad but true.

$3k is not impossible, but that was not my prediction. I think that:
 - The most recent crash was artificial, driven by very few whales.
 - The market has wanted badly to stabilize for a while, but keeps choosing what turns out to be a too-high price.

So I predict that the price will rise somewhat, maybe a bit above 7k, and then it will either stabilize (in BTC terms...) or *slowly* continue a downward trend. I feel that we are not too far from a sustainable longer-term price: I'd guess 5500 at the lowest. IMO 3k *could* be reached by widespread panic selling, and 1k could be reached if some shit *really* hits the fan, but I consider neither likely.

Theymos did nothing wrong.  Grin He warned us all.

*I just took a quick look at the old pages of the topic and found some gems.

There are no sorcerers in this price direction matter, even there are a lot of curious folks about the topic, and even if the wannabe sorcerer are otherwise either bitcoin/market smart or have a lot of status.
15844  Other / Serious discussion / Re: The idea of taking away all of Satoshi's bitcoin? on: February 06, 2019, 06:18:43 PM
While the intention isn't that bad, i'm sure it will be abused/exploited in many ways IF it allowed to happen even only once (even if first action has good intention/goal).

Even if Satoshi's coin is re-distributed, how will it distributed fairly and prevent abuse/exploit by miners?

I am not sure how the intention could be good if the objective is completely unnecessary.  There is absolutely no need to re-distribute Satoshi's coins, even if we believe that Satoshi had mistakenly lost access to his keys and died or something very unintentional that changes the initial conceptualization of total supply.  O.k.  So, instead of 21 million coins, there are now 20 million coins. 

If there ends up being a shortage of liquidity because all 7 billion people on the planet want to get themselves some coins and to use them, etc etc, then the most obvious solution would be to move the decimal point further to the right. 

Another conceptual problem is the issue of too much BTC scarcity because almost inevitably coins are going to be lost, that would not justify reviving those keys, but there could be some justification to some kind of ongoing BTC inflation, such as 1% a year or perhaps less, even though, from what I understand, such a change to add constant inflation would require a BTC hardfork... Currently, there is a natural around 3.6% inflation, that reduces to around 1.8% at the 2020 halvening.. So BTC's inflation rate is still well over 1%, until after the next halvening in 2024.
15845  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 02:46:11 PM
It just keeps getting better



I figured that Jack has been in a kind of mindset in which there would be ways to connect the three - twitter, square and bitcoin.  Again, go jack, and thanks for highlighting that, Hairy.
15846  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 02:38:28 PM
 Give me a three-sided coin to flip that has a slight advantage towards the downside, a lesser advantage towards sideways and the least advantage towards up.




Hey Globb0.  That seems pretty close to fitting the bill.  Thanks for that image.
15847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 02:33:37 PM
[edited out]

So it's going down or... down? I can't understand why we NEED to go further down from here in order to rocket up? Why can't we take off from here? I personally think we have seen the bottom last year (3200?) and we'll now skyrocket after some sideways action. This is already the longest bear period in Bitcoin history isn't it?  Cool

This is not the longest bear period in history.  Dumb shit renditions of the facts want you to believe their rendition of history and description of what is going on and the status of the market.  You can look at the charts yourself and compare, and figure out those various misstatements depending on price reference points.

Furthermore, there is a lot of drag on BTC in the shitcoin space... So BTC bearwhales are going to manipulate BTC as much as they can (alongside with the shitcoins).  I am NOT saying that the bottom is NOT "in" for bitcoin, but there is surely NO guarantee that such bottom is in.  By the way, the current "bottom" is at $3,120-ish in mid-December.
15848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 08:16:11 AM
[edited out]
Dude you're getting more and more annoying, I don't even read your bullshit anymore it's all the padded bullshit to look like some psuedo intellectual. I really don't give a shit anymore JJG, I've said this before it's too fucking much. Quit posting annoying paragraphs for every fucking reply, no one gives a shit about your opinion, you're the long winded dude at the party no one ever ask a question to twice.


You're just as fucking bad as R0ach when it comes to having to read post. A short and sweet I'm a fucking racist post or your a three paragraph I'm a fucking psuedo intellectual who thinks he's better than everyone. Every fucking post is the same.

Don't be such a diptwat.  You are the one who made the dumb comment that invited my response.  Hello?  You start something, but you cry about follow through?
15849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 07:32:29 AM
Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

Why?  Jack is a bitcoin maximalist, and considers other coins to be shit/scams.  He is the owner of twitter, but also Square.  So many of the references that he is making is regarding square, rather than twitter, even though there may be some overlap in the future, too.  

In other words, his bitcoin maximalist stance seems to be following a similar ideology as the vast plurality of active participants of this thread.   No?  What's strange about that?
15850  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 06:49:50 AM
Twitter founder Jack rekts shitcoiners






I thought yesterday that I said that I come here for the lulz....

hahahahahahaha

Don't need any crypto in the square app. and don't need no other personal crypto... Bitcoin get's it done, even if considered as boring...

hahahaha.  Go Jack.
15851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 06:26:34 AM
Bitcoin is not very seasonal..

I beg to differ, good sir. 

Fair nuff, good sir.


 Lips sealed
15852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 05:49:22 AM
Do we capitulate spike down and rocket back up?

Yeah, look what happened 365 days ago. Maybe it's time for another one of those. Roll Eyes

Good point

Bitcoin is not very seasonal.. so we are in a different point, especially looking at least year, specifically.
15853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 05:47:29 AM
If you look at various shitcoins, they are continuing to bleed a lot more than BTC, so this seems to be an ongoing means to purge additional froth out of many of the various shitcoins.  

I am dumping all of my JayJuanGee shares.

Assuming that you are around the same age as me, but maybe not as socially fitting as I am, but you want to reflect JayJuanGee shares in the financial side of your investment, then you would be about 1% or 2% shitcoins (4% at most), about 5% to 8% cash, and then the rest 90% or so, in bitcoin. 

Now, if you want to include traditional investments, to reflect a JayJuanGee balance that would be a bit more complicated, because there remains some ongoing traditional investments that nearly balance out the total crypto package (and bitcoin-available cash referred to above). 

Regarding PMs such as Gold and Silver, JayJuanGee is not very tolerant of those investments because he (that is me) considers bitcoin to largely have supplanted any justification for holding any PMs because, in essence bitcoin serves as a similar kind of dollar or traditional investments hedge that PMs had traditionally been serving.  But, if you cannot shake such PMs from your psyche, because you are kind of stuck in the past, JayJuanGee would tolerate up to a 6% or 7% holding in such PMs, while advising against them.

Regarding dumping JayJuanGee shares?  What you gonna do?  Gonna get screwed up?  You going into cash?  I imagine you are already too heavy in PMs?  Perhaps real property would be o.k. if you don't mind being tied down, geographically.  I recall that you, Roach, were leaning towards an Island, earlier, but I am not sure about the practicality of that kind of direction, and really it does not seem to be very divisible nor portable.. I suppose depending upon how much you have to work with.
15854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 05:08:58 AM
Ok we are going through the 200WMA (green line).  We cant just keep dragging our asses along the line on low volume.  It’s not sustainable.

So the question is what happens next.  Do we capitulate spike down and rocket back up?  Or do we drop under and stay under until later this year?  



If you look at various shitcoins, they are continuing to bleed a lot more than BTC, so this seems to be an ongoing means to purge additional froth out of many of the various shitcoins.  Of course, that does not mean that BTC is done dumping, but if there still seems to be weakhands in the various shitcoins, that factor could continue to contribute to the ongoing downwards price pressures on BTC.

In other words, I don't know anything regarding BTC price direction, except for concluding that we remain in a bear market.  Give me a three-sided coin to flip that has a slight advantage towards the downside, a lesser advantage towards sideways and the least advantage towards up.
15855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:08:30 AM
I don't think Bob should be allowed to pretend like he represents the aggregate of black people.  For one thing, he posted a picture of himself on here and you can CLEARLY tell he's NOT 100% black.  He's barely above Michael Jackson in darkness.  You can't say "I'm a relatively intelligent person and I'm black!" when you're clearly mixed ancestry.  

Just look at the following stat:

Quote
*According to Ancestry.com, the average African American is 65 percent sub-Saharan African, 29 percent European and 2 percent Native American.

All accepting claims like this from Bob at face value does is legitimize the idea importing a trillion Somalians or Congoloids who can't even read after spending a billion dollars each trying to force them to.  Anyone who went to public school can tell what's going on.  Some of the black kids are completely illiterate even in middle school and high school and unable to learn anything, while some others seem to do alright; not fantastic, but 'okay'.  If you mapped their genetics, it's probably the ones with little or no white genes having these major problems.

Gosh!!!!  What's this world coming to?  Even Roach is making a little bit of sense.  

Can you analyze the interwebs claims of "most" gayness too?  

And the interwebs claims of  "most" "fabulous"? and

the interwebs claims of "powertop?"  hahahahahahaha    Cheesy Cheesy Cheesy  
15856  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:04:45 AM
there remains the bitchy queen demeanor

Weak evidence on that.   Roll Eyes Roll Eyes
15857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:03:07 AM
I can't really affirm he is though, not from his post history... the avatar on the other hand...

Based on my avatar, I am either a plant or a frog.
JS.

You are French.   Tongue
15858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 02:37:14 AM
There is no hate on my end.  Bob just possesses a lack of tolerance to anyone who won't suck his tiny penis that he wants peeps to believe is bery bery bery BIG.     Cheesy Cheesy Cheesy

 "There is no hate at all on my end. I'm just a homophobe that likes to think he's holier-than-thou, and can't stand it that some humorous random person of color is more successful than I am, and has retired to a life of shitposting. So I'll just passive-aggressively chide the fellow on being a bit of a character, because my own shit smells absolutely like roses."

 FTFY.
I straight up thought and continue to think JJG is a homosexual. I mean his avatar is a dude from a musical doing a leap right? And the catty long winded post, I just thought he was one of those iPhone Starbucks better than  thou kinda of late twenties early thirties gay dudes.

Right... Let's make assumptions based largely on an avatars.   Roll Eyes Roll Eyes

You need to base your conclusion (and public statements of such) on more than that, no?

A quote from Mark Twain seems to fit this situation:


I straight up thought and continue to think JJG is a homosexual. I mean his avatar is a dude from a musical doing a leap right? And the catty long winded post, I just thought he was one of those iPhone Starbucks better than  thou kinda of late twenties early thirties gay dudes.

this

A retard quoting another retard.  Go figure.


Maybe because he's a complete condescending douchebag with anyone he engages debate with? And literally has tried to pick fights with people that haven't even addressed him directly? And the long-winded reams of total bullshit and meaningless ramblings?

Naw, couldn't be that....

and this

is it Thursday already?

No.  You are just childishly giddy about irrelevance. 

I got a short video of you here:




15859  Other / Meta / Re: DefaultTrust changes on: February 06, 2019, 02:19:04 AM
Is stingers still a merit source?

Not anymore. That's clear abuse, awarding merit for political reasons rather than any idea of quality. Only because he was a source, I effectively undid those merit sends. If he had not been a merit source, I still would've blacklisted anyone who got into DT1 through that type of shenanigans.

I hadn't read into the thread deeply enough to see that stuff. Those are better arguments against the trustworthiness of H8bussesNbicycles & co., but note that the current negative-trust-ratings were sent long before that. Before February, the thread looks like politics to me


Theymos I agree with your statement and promise that I will not buy any merits to vote against lauda and the cult. Though I have mentioned it I will refrain.
I might state that merits given toward the cause are helpful but I promise I will not buy any merits. I did not solicit Stingers for merits but only after he showed up point him to where merits would help.
I did not know he was a source until suchmoon or someone pointed it out.
It is fine with me that you rescinded those merits.


That said, using selfmod topics in a deceptive way can be an appropriate reason for negative trust.

 
I do not believe that I have used selfmod topics in a deceptive way.
I have only kept their signature spamming and merit whoring out of my thread and kept it to the topic.
Many of their quotes are still there for all to read whoever responded to them. If I was trying to hide their statements I would have deleted them too.

My 6 posts in that thread that you deleted, H8bussesNbicycles, were relatively innocuous.  They were not signature spamming (I have no signature) and they were not merit whoring because I have plenty of merits and I was just attempting to make experiential observations on the topic, and even largely substantively neutral posts, since I was not trying to get deeply involved into the politics.

I am a bit skeptical about your deletion of my posts, whether that rises to the level of deception on your part or merely a heavy deletion finger remains somewhat unanswered, at least from my perspective.
15860  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 01:37:32 AM
There is no hate on my end.  Bob just possesses a lack of tolerance to anyone who won't suck his tiny penis that he wants peeps to believe is bery bery bery BIG.     Cheesy Cheesy Cheesy

 "There is no hate at all on my end. I'm just a homophobe that likes to think he's holier-than-thou, and can't stand it that some humorous random person of color is more successful than I am, and has retired to a life of shitposting. So I'll just passive-aggressively chide the fellow on being a bit of a character, because my own shit smells absolutely like roses."

 FTFY.

You should get a grip, bob.

Playing a couple of made up victim cards... Poor lil tinglie...

Also, engaging in "success" assumptions.   Roll Eyes Roll Eyes
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