The act of being able to create deterministic block producers at all signifies you *don't* actually have a decentralized currency in the first place.  Larimer was kinda sorta upfront about this by the fact that he called Bitshares a "decentralized corporation".  In reality, it's more like a "distributed" corporation and not decentralized.

In other words, Bitshares and anything you can create using proof of stake, recursive systems is not in the same category as Bitcoin at all.  They're completely unrelated systems.  Bitcoin is an actual decentralized currency, and nothing you can create with proof of stake is.

As for the Fuserleer system, creating decentralized systems is the same thing as creating a multiplayer video game and trying to proof it against cheating with the knowledge that anyone can modify the client.  He's always been vague in how the thing is supposed to work, and I feel he's creating the equivalent of a traditional video game that people will implode by modifying the client since no outside resources are relied upon for convergence.  He's going to say I'm wrong, but it's his job to actually prove it's secure in a white paper, and I don't think he can do that due to the system being the equivalent of a giant Rube Goldberg machine.

Fuserleer is pretty smart, but I'm definitely an Emunie skeptic o_O

It appears you may be a paid shill using a proxy service and accidentally gave that away...

Mat doesn't actually do TA, like I said, he only holds Bitcoin for 1 hour at a time; as soon as he's in $1 profit, he closes the trade then fantasizes about how he'd like to buy back at $8 a coin.  He makes no attempt to predict what the market will actually do, only tries to fabricate data to try and fit a buy in price he wants.  This is why his charts are wrong 90+% of the time. 

Mat, I think all your trades fail because your charts are so cluttered with shit you can't even see the candles.  That and the fact you've posted 10 charts in a row claiming Bitcoin is going to crash to $1 and all it does is go up.

Welp, saw that coming from a mile away:



Just like the move before it:

You keep insisting the market is going to have some type of orderly collapse without a black swan event that's going to allow Anonymint to sit around in his underwear and buy everything at carpet bagger prices because he held cash.  This is not going to happen.  The only way the world economy doesn't implode in a black swan event is if every nation does a coordinated devaluation of fiat toiletry.

You will either have a black swan event and gold + Bitcoin both became much more valuable, or coordinated fiat devaluation that sends them higher.  Either way, things that exist outside of the debt based fiat system will win.  You're going to sit around waiting to "buy the dip" while holding cash, then they make an announcement to devalue all cash to nothingness, or a black swan happens before they can even make the announcement.

I'm making the long term play.  I win no matter what.  You're making the short term play for something that probably won't even be a viable move.

Because the chart is cleaner and I don't need any useless indicators on trading view that don't even work that you're using.  For instance, if you were a good trader, you would have realized the China have been following MACD crossover religiously, while all of your more exotic indicators are completely useless.  Fib levels have also been 100% useless on this, but the single entity that controls Ethereum follows fib levels almost always.  If the market maker doesn't subscribe to your voodoo, your voodoo doesn't work.

However, they will follow many bear/bull macd in a row, then their play is to pull a counter trend on a bear macd and force everyone to buy back in at a huge loss on a full screen green candle.  This is why TA is mostly useless in non-aggregate markets.  You will scalp some small percent here and there, then lose it all and then some on the counter play.

It looks like he's just making shit up to try and save this $1 billion dollar fugazi now.  Why he's wrong:

Markets have just consolidated from the last rise in a sideways $535-540 channel with a strong $534 floor.  When a strong floor is in, the market tends to go up again shortly after.



People who are waiting for a lower price are going to be:



Get ready:

This is why you suck at trading, you spend all your time FANTASIZING about where you *want* to buy at instead of figuring out where the market is actually going to go.  There's now been full consolidation in both China and the west post-rise in a sideways channel.  China is moving at that 3600 yuan average, then it will eventually converge and pop up.

The position to be taken is not to be mistaken for attempted financial advice or education, only a description, just an observation, of price movement in this thread of Jewish shill degeneration.

Please learn how to chart and trade before making posts.  The last hard floor was $520.  The floor then rose to around $535.  When you have a rising floor, it's obviously not going down.  It's now in a sideways channel of $535-$540 at the moment with virtually 0 chance of dropping.

The world economy will collapse without world-wide, extreme, coordinated devaluation of fiat toiletry.  If every country doesn't do enormous fiat devaluation, everything goes down in a black swan event and Bitcoin and gold goes to the moon.  If they do the devaluations, Bitcoin and gold still go to the moon from the fiat values tanking.

$535 floor too strong.  It's going to jump back into this channel again:

Rubbing your rat claws together fantasizing about the clanging of shekels I see.

I didn't say there were lots, just more than 0 unlike a lot of the time recently.

Mat, your trading strategy is awful.

The last hard floor was $520.  The floor then rose even higher to $535ish and shows not even a hint of weakness.  Finex, Bitstamp, and Coinbase are all within a dollar or two of each other, and China is only $7 higher than the US.  The wall support on all of those exchanges is even better than when the price was $420.  The fact that you're drawing charts make believing the price can go anywhere near $460 makes you a bottom of the barrel trader.

Since the floor is rising and the market is currently oversold + has some shorts to squeeze, it's going up.  Even in a worst case scenario it could only fall back to $520 currently.  Looking at these ridiculous Mat charts scrolling down to $460 is like a Sunday morning cartoon...

You're like a rape victim from too many bad shorts that's now too scared to trade.

The thing I've always hated about your insistence on trying to push this Armstrong character is that you basically imply we live in a deterministic universe.  Even if his models were right (probably not), there are too many wildcards.  Some random oil sheikh can wander along and say, "What is this Bitcoin?  I think I will buy this...all of this", and up it goes.  Maybe all Bitcoin needs to do is hit $1200 and that causes a butterfly effect where governments in the Cayman Islands start buying it.  Anything can happen.  There's always thresholds variables that cause domino effects.

The other fact is that the economy is going to collapse in a black swan event, not an orderly walk to the exits.  There is no sitting around waiting to "buy the dip".