Surely any of us can say what we believe is good to talk about or not, yet in the end, there seems to be quite a large amount of tolerance latitude for topics.  If you want to personalize your presentation, then that is your choice. 

Regarding percentages of what?  Why would it matter, if we talk about buying at x increments or restructuring our buy/sell orders?  and, sure even some folks buy or sell and go 100% "in" or "out", but even that might not be understandable unless they provide details of their other investments (finances) or even their timeline, risk tolerance, view of the future or cashflow details.

Ah hah!!!!!   I have figured it out.  You, arkian, are BOT.   

Surely, I am attempting to use logic, and I am talking hypothetically to say that the more bitcoin (or otherwise wealth) that you have, then likely the less that you are going to say about it.

So in that regard, don't I say a lot here?  So wouldn't the proper conclusion be that I don't have very much?  Unless I am using reverse psychology, to throw you off my tracks?   

you are serving such a noble, instructive and grounding purpose.... 








NOT!!!!!!!


 

It is a theme that has been repeated in this thread to a decent degree through the years, and comes from fight club...   

On the interwebs, you can get away with revealing a bit more about your BTC (or crypto or fiat) holdings, without punishment, unless you are hacked, of course. 

In the real world, you may be punished more if you reveal too many of those kinds of financial holding(s) details. 

By the way, I have a location in which I have several computers running bitcoin tickers from various angles (usually it is windows of bitcoinity.org and bitcoinwisdom.com), and sometimes if I have a visitor, the computer display triggers us to begin to talk about bitcoin.  Most visitors will not ask too many personal details about my holdings, but some folks will come out with direct questions, like "how many bitcoins do you have?".. hahahahhahahaha...   

When I first got those kinds of personal financial questions, I stumbled a bit or I might have said something that was somewhat responsive, but later I realized that I needed a better and less disclosing response.  These days, I ultimately tell them how ridiculous is their question, and depending on the audience, the way that I say it will vary; however, almost all of them seem to understand that their question was not appropriate.  My most frequently recent response will be to ask them how much gold they have or how much money is in their checking account, and from my counter-question the vast majority will realize the inappropriateness of their question.  There are a few folks who do not get it, and most of them do not have any money in their checking account, so they are not sensitive to revealing their lack of money.    Go figure?  So probably, the more money (in this case bitcoins) you accumulate, the more prudent it will be to convolute your answers, if any, to those kinds of inquiries.

If you refresh yourself with the OP, you will see that the initial distribution of smerits was based on both then current rank and then recent activity level of the prior year.  So a Legendary member may have received an initial distribution up to 200 smerits - and the amount of maximum initial distribution went down precipitously, perhaps hero 100 maximum smerits and sr member 50 and full member 25-ish... So, some of those lower ranking members may be a bit more conservative with spending their smerits - unless of course they are earning a lot of merits which will generate more smerits for them to spend.

Earlier I had made an assertion that 90% were likely not fooled, but what do I know.  There were parts of the implementation that were so outrageous that it should not be true, yet it was presented as if it were serious.. but the fact that it was made on April 1, and lots of posters identified that fact early on, would have caused more recognition of the joke.


So, yeah, the joke seems to have played into the wishful thinking of a lot of lower ranking members, who would want to dilute the new merit system to such a degree that it reverts back to the old ranking up system.  I can see why some members would want to have changes in that direction, and theymos was taking their requests (and desires) to a kind of extreme, while keeping it serious looking enough that some members bought into it (even if it was merely a kind of wishful thinking).

Correct.  He is using a joke vehicle to study us, like we are little bugs.        

Your main point about considering subject matter and presentation with a grain of salt is correct, and even from purported experts and seemingly very smart people. 

On the other hand, if some people have gained a lot of trust (whether in this forum or otherwise), and they seem to be presenting their content with genuineness, by default you may well be better off to give them more trust than you would do to others. 

Of course, in the end, as you said, each of us remains responsible to use our best judgement, and we have to admit that sometimes we may get it wrong too.  In this regard, not all levels of lacking in trust are the same since sometimes people feed us bad information by their own mistake, rather than by their intention, and sometime, nutjobs really believe the bullshit that they are spouting out.  So the gambit of disinformation (or good information) and intention can be quite wide.

I have also learned a lot from the forum over the years, yet sometimes, I have troubles identifying whether some post are disingenuous or faulty in logic or facts... On the other hand, there are some patterns to bullshit, too, which help to identify, even if I cannot quite put my finger on what is wrong with the post, I am going to feel some level of discomfort in relying on the content of the post, and may well skim the information and disregard the information of the post rather than putting very much if any weight onto it.   

I have found, also, that sometimes, I might run across a post that is questionable, and if I challenge the post in some kind of way by writing a response, then the response back to me (or the lack of a response) may provide me with some insight regarding the extent to which I feel comfortable relying on any of the information contained within the original post.  So, yes, sometimes we can get a decent amount of information from the forum.  We can trust and verify, and frequently, we may just get some idea or news, but will have to do some of our own research and tinkering on our own before we decide how much weight to give the information and even the extent to which we share our own insights.

Yes, this is an interesting topic, and I wonder why they believe it is good for their business to increase fees by 4x?  I just reviewed the fees on my account, and it appears that they had already increased the fees by 2x in late 2017.  Mostly in 2017, I was charged between .1% and .15% for trading, and in late 2017, most of my transactions increased to .25%.  This morning, I looked up that I had one transaction that executed at .75%, and I am not liking the increase in comparison to other exchanges.

If we are planning ahead, we can already see that a lot of the fees are increasing, so it is understandable that some of the exchanges are going to want to monetize, and we will see whether lower fee competitors are going to be inspired by these increased fees.

In the short term, I have decided to cancel some of my orders.  I did send a support ticket to Gemini to ask them whether orders that I have already placed before the fee increase keep the lower fees that were in place at the time that I placed the order, and I have not received a response on that question yet.

In the mean time, I will  move some of my orders to other exchanges.  I have not decided exactly yet whether I am going to open another trading account to compensate for not using Gemini.  I may need to research into options.  Currently, I have accounts on WEX, Bitstamp, GDAX and Bittrex, so those remain decent and lower fee options to move some of my orders.


Edit 1: I just received an e-mail response from Gemini, and they told me that if my limited order was already in place before the fees went up, then the old (and lower) fees would apply to the orders that were already in place before the increase.

Edit 2: Now I see why this thread is, perhaps, getting no responses, besides mine, it is in the alternative currency discussion section.. and who gives a ratt's ass about alternative currencies?  hahahahhaha

Edit 3: I am not sure about how to move a thread, but perhaps this thread should go into the main bitcoin discussion.  I have just "reported" this thread, and perhaps it could get moved by a moderator/administrator?

Oh my??  

The fierceness of the Rosewater lion is rearing its head....  kind of like this:




or this:

Fair enough.

Your writing style does seem to be similar, and you are correct that there would not be any major point in proving that you are the one and only arkian... original.. classic... etc.

Merit has gotten quite a bit of discussion recently.. but a decent starting point to get a quick overview of it would be to look at theymos's merit introduction thread.  

I gave you 1 merit, and I would have given you 2, but I wanted to punish you for abandoning us in the last few months.    

From time to time, some guys (and gal) do slip up and they will reveal more specifics about their qty of BTC, yet frequently guys and gal here in this thread, talk in terms of percent or in terms of vague concepts of how far the BTC price might move in one direction or another before they make their next buy/sell move and sometimes guys (and gal) will disclose how much of their BTC holdings they are trading versus keeping in cold storage.

Frequently, you can still say quite a lot about what you are doing, and what is your trading, holding or whatever BTC plan without giving away too much personal information. 

I frequently criticize guys and gal who seem to employ too much of a gambling strategy with their BTC that is not very well thought through.. like for example when someone might go 100% in one direction or another.  I think that there are ways of going BIG (such as maybe even up to 95% or something like that) and still hold some reserve in case you are wrong. 

I also am not comfortable with margin or leverage, and I also sometimes think that any trader may open himself (herself) up to manipulation when employing those kinds of leverage/margin tools, but I think that a few guys and gal here have decently disclosed some abilities to make profits, even using leverage/margin tools.

 Sure some braggadocio might become a bit too much from time to time in terms of abilities to predict BTC price direction or even profit levels that might cause some to wonder whether the poster is posting honestly... or even if such bragging is necessary or helpful to anyone besides the ego or the trolling of the poster.

Sometimes in this thread some folks will also attempt to trick peeps into providing more information about their qty of btc, by having them tell us one piece of information at a time, and sometimes after a while in reading posts you can come to decent estimations regarding how much BTC, dollars or other coins some posters might be working with.. even though the first rule of fight club (bitcoin) still tends to be relatively widely understood.   

There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.  

Didn't you know that?

I am too scaredy cat for that style... 

It seems a bit ironic that we both make money with strategies that sometimes seem to be opposing - because my sell orders are triggering... hahahahahahaha

How would we have seen the article when it just came out today    ?  

It's a nice read.. thanks for posting it. 

There may be a need for a bigger team on the bad cop side, because lights in the eyes seems a bit wimpy.  

Needles under the fingernails could be a decent starting point with perhaps a little water boarding chaser might be a bit more in the effectiveness direction... hello?  

And, don't recruit Rosewater to help, even though "water" is in his name, because he will likely really screw things up.

Personally speaking, I refuse to agree with you... and perhaps anyone who has been in bitcoin for more than a year, should join into this particular disagreement, because who wudda thunk?


Hoy dia, my bitcoins are worth:

1) about 5.8x more than they were worth one year ago (using $1,200 as a price reference point),
2) about 12x more than they were worth 18 months ago (using $580 as a price reference point),
3) about 15.5x more than they were worth two years ago (using $450 as a price reference point),
and
4) about 28x more than they were worth 30 months ago (using $250 as a price reference point).

Furthermore, I tend to believe that the fundamentals in bitcoin remain strong (even with the problemas of the various alt coins hovering in the parameters).  In any event, there remains a lot of future value and upside BTC price potential (even though in the short term, I am kind of torn in a 50/50 status regarding whether BTC prices are going up or down.. and currently BTC price sentiment seems to be a bit more weighted towards the downside... go figure?..    I am not going to get tricked out of my coins.....   ).

Maybe we should begin to proliferate this thread with "cut your looses, gooses" postings in order to really begin to feel a kind of capitulation that could allow any remaining sellers to sell?  perhaps?