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19001  Other / Meta / Re: Merit & new rank requirements on: March 13, 2018, 04:22:40 PM
Useful infographics

Forum users have helpfully created some infographics to explain the merit system:
paxmao's infographic
ibminer's infographic
8Habits's infographic
JetSet11's infographic
zentdex's infographic
alia_armelle's infographic

Theymos, can you add another infographic which I created a while ago to the above list?  I tried to make a more graphical and intuitive inforgraphic to help people understand the system easily.


Is it just me?  Or doesn't that page load too slow and the image is TOO BIG.  I did not even read it because it was loading too slow, and just seeming cumbersome.  If you make the image smaller, sncc, that might help it to load faster and to be more manageable so then others will read the substance? 
19002  Other / Meta / Re: Merit & new rank requirements on: March 13, 2018, 04:20:17 PM
DROP SOME MERIT PLS...OR GIVE A WAY TO INCREASE THEM.


With that kind of post you more likely dont receive any merit. Try to keep making quality, constructive posts and you will surely be rewarded over time.

Like this has helped me! Lips sealed
I have 228 posts, about 60%-70% of them are constructive, the rest are just chit-chat like this post, still 2 merits one of which was more like a gift to be honest and not deserved.

PS: Ofcourse I do aggree with you though, I'm just humoring the fact that it's veeeery slow to obtain merit even with constructive posts.

It will of course help you if you are ready to implement the suggestion. You seem to be ignoring it completely even after you have mentioned that you agree to it.

Now some members may find advice rude and judge the person giving it arrogant. But the fact that same advice is being given  multiple members is an evidence of this being necessary, valid and working. When a senior member is giving you some suggestion, it is based on his experience with the forum and we should appreciate it.


Yes.  I appreciate that each of you recognize that I was attempting to help posters to be able to help themselves into earning more merits.  Merits will not come from predicting the BTC price, for example, or providing one liner quantity (shit) posts.

Largely, members need to attempt to engage with those who are going to read their posts and show some kind of personal insight and contribute something that causes others to think, relate or laugh.  

Members may receive some substantive merits or alternatively some charitable merits, from time to time, and I don't even mind giving a charitable merit here or there or even sending a charitable merit to sitnikov (even though it could have been better explained with a reference link) for identifying the right context for why it appears that even with the passage of time, RivAngE continues to fail / refuse to learn how to post with better substance, even though RivAngE recognized that his/her first received merit from me was received as form of charity.

Correct me if I am wrong, sitnikov, I believe that this is the contextual post that showed that my earlier merit to RivAngE was intended as a kind of inspirational charity, but perhaps subsequent evidence of RivAngE's own admission and complaining about the merit system shows that s/he is failing/refusing to learn how to post in a more engaging and constructive way?
19003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 03:47:23 PM
And sure nobody likes Dan. But everyone wants to be Dan. Cheesy

I used to be Dan. But I got tired of arguing with the completely ignorant that were absolutely sure that Bitcoin would fail - and for all the invalid reasons. So I stopped talking about it years ago. Except for cases where I did not initiate the topic.

I don't believe it.

You just switched from bitcoin over to b-cash... and started over,

And I suspect that like Roger Ver on the Alex Jones show, your devolution from bitcoin to bcash caused too much confusion amongst any possible mainstream audience.. peeps already have a hard time understanding bitcoin, and then you bring in bcash trash talk, and you completely lose anyone that has even quasi-intelligent potential.. 

You saw Ver's performance on the Alex Jones show, right?
19004  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 03:39:31 PM
and really there could be some alt coin shaking dynamics that continues to delay our bicycle trip that takes us to the car that takes us to the train that takes us to the rocket, etc etc...
u get urselfie a grip, too!!!!!!!    Tongue
Making your new year’s resolutions? Improving your fitness might be one of your top goals. Next year, you could do that by riding a bike to work, while earning some cryptocurrency along the way too.
Is this bicycle based mining something that is already in bitcoin or something that you are working on?


 

In other words, you are a trying to fool udder peeps...

19005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 03:27:55 PM
https://ibb.co/igV59c

as the chart
the market  is now down in one hour chart
both 50 moving average are giving me signal that market is in bearish
also RSI is going to 30 pints
which means it will going to hit atleast 7000-8000
the previous low of february month

im not that much expert
so, take my post as not that important Smiley


If you are "not that much of an expert" then why are you making absolutism like predictions about the BTC price direction?  Makes little sense.  You proclaim that the charts tell where it is going but then at the same time say that your method might not be "expert" enough.

Maybe you can reconsider your whole presentation, and recognize that technical analysis needs to be taken with a considerable grain of salt.. sure it can give you an idea of market momentum and tendency, but in the end, it should not be expressed with certainties because at best it can show you likelihoods in one direction or another and if you can express those likelihoods then you are likely on a better track than using absolutism language.. and then having to walk back your whole comment.
19006  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 05:22:28 AM

Oh my.  You have a royal "we" going on?    Probably in your imagination unless you and your girlfriends surf the WO like this?


no, explorer speaks for me in this matter
Same here.

Poor little hurt feelings.

19007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 05:12:00 AM

Oh my.  You have a royal "we" going on?    Probably in your imagination unless you and your girlfriends surf the WO like this?


no, explorer speaks for me in this matter

you guys make a good lil team.  






Perhaps you may feel exploited, but I am glad that you are working on a "me too" remedy:




Congratulations!!!!!
19008  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 04:28:08 AM
Blah blah keyboard diarrhea

[edited out]

Don't even engage that fucktard.  But at the very least, have some respect for the rest of us, and don't quote it   Wink

Oh my.  You have a royal "we" going on?    Probably in your imagination unless you and your girlfriends surf the WO like this?





 Cheesy Cheesy Cheesy
19009  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 04:20:32 AM
In turbulent markets like these, I think it is best to focus on positive messages from our spiritual leader:



Nice one, roachie poachie.


I am glad that you have not lost your artistic touch.    Roll Eyes
19010  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 04:14:38 AM
Woops.

I see that there was some nonsense from your earlier post that I overlooked addressing.

Edited out]

Look at my post here from a few pages back.

It made a very solid looking bottom with very reasonable growth coming out of that bottom, a healthy and calm retracement down to about half of that run up then further upside that broke out past the last high. It's just what bitcoin charts have looked like to me when the bottom was in in the past. It looked like textbook - people are done freaking out so therefore we can resume the more general trend that is up. And ultimately I am a bull long term. So when ever people stop freaking out and cool their heads after a mania bitcoin tends to resume the general multi year bull trend.

Hopefully that passes your "logic" requirements.

So what?  I don't have no test.

I was responding to your other post in which you supposedly suddenly converted into your most bullish to your most bearish... all of a sudden...

Looks like this:::::     Roll Eyes


I was the most bullish I have ever been at the start of this month. In fact I was so bullish that I was actually saying yes to normies that asked me if they should buy bitcoin.


So what?  I am not responding to you merely because you made a bear comment... and probably you were equally wrong it you were trying to sell random peeps on some kind of bullish sentiment that you felt....

Perhaps there remains an acting and speaking on your emotions (rather than your brain) problem?



I hadn't done that since pre 1000. I was partly so bullish because of the logical articulable reasons described above, but also partly because of intuition.


Intuition does not mean anything, except in pop culture and superstition.  What do you have, woman's intuition?



I have been staring at these charts every day for 8 years.


Staring at charts does not bring added knowledge if you don't have any good ideas in your head... or some kind of meaningful way to interpret them besides voodoo magic.


I have gotten to the point where it is pretty rare that I am wrong.

O.k.  Now you are a sorcerer?  You must be a gazillionaire, too if you can see the future that well, right?

You want others to respect you for your supposed insight, too?


If you want evidence for that, than too bad, I haven't put any public predictions on record that I know how to find because again, I'm not trying to convince anyone of anything.

I don't give a shit if you are correct or not, but I do give a shit that you are making claims to know the future and that you believe that you are right about things... because perhaps you are smarter than everyone else?


The main reason I'm bearish is because I was the most bullish I have ever been on bitcoin in my life just a few days ago and this decline took me more off guard than any thing else ever has in this market.

More nonsense of a supposed sudden epiphany....  Roll Eyes


I have never been that wrong before. I was so wrong that I actually gave the normies that asked me for advice the wrong advice for the first time ever.

Well, maybe that is part of the problem of giving advice in the first place.. Unless you are a paid consultant, perhaps it would be good to refrain from giving advice, especially when you don't seem to know shit and you can just let peeps come to their own conclusions.  

Likely the fact of the matter was not that anyone was asking for advice anyhow, but you just presumptively misunderstood what they were asking?  So therefore it seems quite likely that you gave unsolicited advice.


So I adapted. I took some of my crypto portfolio into USD and but put in a stop to prevent me from being punished too hard.

Nothing wrong with adjusting your trading set up to your new beliefs.  A problem seems to come with your attempts to evangelize such nonsense... as if you actually know something greater than others.   Roll Eyes


If you can't respect that than I'm sorry.

You have not yet provided anything to respect, and the more you present the less valuable it seems to be.


I just gave you everything I have.

Fair enough, yet it seems that you are not even trying to improve.. so it seems that there is not much that I could do to assist your with any of that, I suppose.


If you still want to accuse me of lacking logic or reason than we will just have to part ways and stop talking to each other.

Perhaps we will stop communicating, but likely will not stop me from commenting on your spreading on nonsense, if you continue to do it.


I don't want to do that though because you are a legendary and I respect that and we are on the same team.

There is not any kind of legendary team.  Anyone should be able to share knowledge and brainstorm in this thread, and their ability to do so would not necessarily be based on their forum rank.  Forum rank may, however, provide some insight regarding how long someone has been into bitcoin, but date registered and activity level will provide some of that information, too, perhaps?


[edited out]

Ok. You have annoyed me beyond what I am willing to subject myself to. I'm ignoring you for a while. Have a nice time.

Poor lil thingie-ma-jiggie..    Cry Cry  Cannot take a bit of substantive forum interaction?   Cry   Cry
19011  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 03:49:53 AM
and really there could be some alt coin shaking dynamics that continues to delay our bicycle trip that takes us to the car that takes us to the train that takes us to the rocket, etc etc...
u get urselfie a grip, too!!!!!!!    Tongue

Making your new year’s resolutions? Improving your fitness might be one of your top goals. Next year, you could do that by riding a bike to work, while earning some cryptocurrency along the way too.

Is this bicycle based mining something that is already in bitcoin or something that you are working on?

Maybe some of us will already have so much money that we won't be motivated in that direction?  Perhaps?

Tron, based on the encrypted “distributed ledger” technology known as blockchain, is one of several new digital currencies created this year as bitcoin and related offerings enjoyed a boom—while the phenomena also drew warnings to investors from regulators around the globe. The group behind Tron, the Singapore-based Tron Foundation, founded by a group of young Chinese tech entrepreneurs, says it aims to create a platform where entertainment artists get paid directly by consumers (pdf, pg 2) using its cryptocurrency. oCoins can also be used to make purchases on content and social networking apps linked to Tron. Currently, Tron is trading at about 3 US cents per coin.

Can't we largely talk about these in terms of bitcoin?  Will these be side chains?  There are so many alt crypto projects that are merely paper tigers, and I certainly don't feel that I have time to study the extent to which some of them may actually be more than paper tigers... even though from time to time, in the bitcoin threads and articles and discussions, we do see references to some of these side projects.

Founded at the start of the year, oBike, which has secured a major investment from a mysterious “leading global transportation platform,” says it has a presence in over 20 countries. In its home base of Singapore, though, getting people to bike may be tough going.


Paper tiger?  Perhaps?

The city’s humid climate and a lack of cycling paths have come in the way of widespread adoption of biking. Singapore still has a long way to go to match up to Amsterdam, ranked the best for bicycle infrastructure—58% of residents commute on two wheels. In Singapore, last month, a couple was seen dumping oBikes in a drain in a video that went viral.


Rome wasn't built in a day, so I am not pessimistic regarding folks who want to make innovative efforts.


The Singapore government has announced plans to improve infrastructure for cycling. It is also reducing the numbers of private cars on its roads and backing other shared-transport initiatives. oBike, one of three app-based bike-sharing firms offering short-term bicycle rentals in the city-state, seems to be trying to do its part by offering its own reward incentive, a rather trendy one.


Yep, sometimes it will take a while to develop these matters, and whether it takes off in Singapore or Amsterdam or some other location, I don't doubt that there are legitimate projects and legitimate attempts and the ability of groups to learn from other projects to innovate their own projects.. and perhaps monetize them as well (oh?  Another ICO?.. hahahahaha)

Flipping the model—essentially paying consumers to use a service—in this manner is a tricky move, though. Pact, an app that offered its users rewards for fulfilling gym or dietary commitments, shut down in July and was ordered by the US Federal Trade Commission to pay nearly a million dollars to customers for not fulfilling its end of the bargain.

Singapore likes to do things differently, including bike sharing. I’ve checked out London’s and Toronto’s bike sharing and while they’re great, you still have to find a station to book out a bike.

OBike offers you the opportunity to earn digital assets while riding their bikes, in the form of the cryptocurrency oCoin. oCoin can be exchanged for products or services, but governments don’t like losing control of currency, so governments around the world are regulating the trade in cryptocoins.

Meanwhile, entrepreneurs like oBike are looking for ways to exploit a currency that is, arguably, no different to a retail loyalty voucher. Well, if you’re a cyclist, your luck is in – oBike will literally pay you to use their service. So how does that work?

Of course it is going to be interesting to witness ways in which different projects attempt to exploit loopholes  in order to avert regulations if they are describing a utility token or an investment or a currency.

Forget Bitcoin, oCoin is the newest currency on the block

I am not going to forget bitcoin.

I am not investing in these millions of other innovations because they are all over the fucking place.  I am investing in bitcoin... immutable innovative security, and these other myriad of projects are going to end up linking to bitcoin in one way or another.. likely.

– and oBike just took a bite of the apple. Investing in the Ethereum platform means that oBike can offer oCoins to cyclists using its service. The more you cycle, the more of the cryptocurrency you’ll earn.

Yeah, and ethereum can bring down all the ICOs when it fails through it's own security and centralization issues, right?

oBike has been steadily gaining ground in Asia, venturing beyond Singapore into Indonesia. The popularity of oBike in Australia has been sufficient to cause tabloid hand-wringing at its success, if only to bemoan the ubiquity of oBikes left conveniently next to Australia’s beaches and waterfronts.

Even though oBike has withdrawn from the bike-loving town of Oxford, England, it’s worth noting that bike-share schemes still hold some currency. Actually, it’s more than that. From now on, bike-share schemes may bring cryptocurrency wherever they’re established. If that doesn’t sound like the future, I don’t know what does.

Sounds good to me, but I am not buying any of it.  Save it for others to develop it, because I don't need to be distracted by every project even if potentially good projects.

We’ve all thought about jumping on the Bitcoin bandwagon, right?

Some of us are already on it, and fairly focused on bitcoin.  Right?

But what if there was some way to earn cryptocurrency while riding a bike…?

Yes, let others get involved in those kinds of projects, if they want.

oBike Singapore likes to do things differently, including bike sharing.

You are starting to sound like an advertisement now.  NO WONDER you have been a bit edgy recently.  You are losing your bitcoin focus and getting distracted by random thoughts of the alt project pumpers.

I’ve checked out London’s and Toronto’s bike sharing and while they’re great, you still have to find a station to book out a bike. oBike is different.  

Who gives a ratt's ass?


Just download the app and it leads you to the nearest available bike – no station required. And when you’re done, just lock your bike to end your journey. But why ride a rental bike in the first place? It’s not as if bicycles are that expensive in the first place…

NOT everyone wants to invest in a bike riding project... whether it is money or time.  But, yeah, perhaps in the alt section with the snot nosed 12 year olds, you will be able find a decent quantity of them.. perhaps?

Cryptocoin OBike offers you the opportunity to earn digital assets while riding their bikes, in the form of the cryptocurrency oCoin. oCoin can be exchanged for products or services, but governments don’t like losing control of currency, so governments around the world are regulating the trade in cryptocoins. Ocoin, the world's first sharing consumer cryptocurrency that everyone can pay for ride and earn at the same time, issued by #obike and empowered and built on #TRON $TRX #TRX pic.twitter.com/b6QvD3Du3f — Justin Sun (@justinsuntron) December 26, 2017

Meanwhile, entrepreneurs like oBike are looking for ways to exploit a currency that is, arguably, no different to a retail loyalty voucher. Well, if you’re a cyclist, your luck is in – oBike will literally pay you to use their service. So how does that work? OCoin Forget Bitcoin, oCoin is the newest currency on the block – and oBike just took a bite of the apple. Investing in the Ethereum platform means that oBike can offer oCoins to cyclists using its service. The more you cycle, the more of the cryptocurrency you’ll earn. The list of products you can spend that money on will simply keep growing as more companies opt to use the service. With plans to partner with the TRON ecosystem already in the works, it looks like pedalling will pay off in the future. Futures oBike has been steadily gaining ground in Asia, venturing beyond Singapore into Indonesia.

The popularity of oBike in Australia has been sufficient to cause tabloid hand-wringing at its success, if only to bemoan the ubiquity of oBikes left conveniently next to Australia’s beaches and waterfronts. Even though oBike has withdrawn from the bike-loving town of Oxford, England, it’s worth noting that bike-share schemes still hold some currency. Actually, it’s more than that. From now on, bike-share schemes may bring cryptocurrency wherever they’re established. If that doesn’t sound like the future, I don’t know what does.


I had to reduce the size of the rest of your salesmanship.. because I was starting to feel like this:




19012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 03:25:33 AM
You are off base if you conclude that I am criticizing your comments based on their bearishness rather than their bullishness... Although you are correct that personally I likely have a greater tendency to focus on bear FUDspreaders rather than bulls who are trying to get folks to buy.  

Nonetheless, my attention to you and/or your recent posts is largely irrelevant and seems to be an attempt to detract substantive discussions towards me... ridiculous.

Of course, you can predict BTC prices and dynamics in whatever you want and using whatever evidence that you want.   And, people in this thread can point out deficiencies and biases in your predictions, which is what I have been doing regarding several of your recent posts in which you are referring to some supposed "ah ha" moment that you have come to at around (or perhaps nearly after) your selling of a decent stash of your bitcoin, and because of your supposed "ah ha" moment, that does not seem to be based on much of anything beyond some kind of bare assertion, you want to share those feelings with peeps reading this thread.

 What I am doing is asserting that your BTC price prediction (and assertion of current dynamics) seems largely based upon your having had sold a decent portion of your BTC and perhaps unsubstantiated emotions rather than any kind of meaningful evidence or logic, and my responses should allow you to respond to my criticisms, but seems that the best you can come up with is to assert the thread (including yours truly) is too diluted into bull circle jerk thinking.. blah blah blah.. . and without really substantiating any of your earlier assertions beyond that you had sold some BTC and you are hoping the prices go down, now.  

Sure, you could end up being correct that BTC prices go down from here, but could be more of a result of luck rather than any kind of meaningful insight that you have shared about your views of short-term BTC price dynamics.

If this were a science we could all be rich. I cant provide evidence for why the price will go up or down in the short run. That is an unreasonable standard.

I think that my comments stand on their own, and your non-responsiveness to substance, and your defensiveness seems to be your own failure and refusal to attempt to engage with your assertions, but instead just to blurt out nonsensical assertions based on taro cards, perhaps?


No one can do that.

Certainly, I am not asking for that, and your repeatedly failing and refusing to address the substance of my response and instead spending additional energies devolving into mischaracterizations and defensiveness.

I am going to do my best to explain my position as clearly as possible. If that isn't good enough for you than you can just piss right the fuck off.

I doubt that you are going to get rid of me that easily, and also I am having my doubts about whether you are going to even try to make matters clear because you seem to be emotionally inclined rather than truly intending to share information with others in this thread.


Also let me be clear. I'm not trying to convince anyone of anything. I'm just sharing my experience and my thought processes.

Could be word choices, I suppose.


If they fail to meet the expectations of your vastly superior intellect well then too damn bad.

Certainly, I am not asserting to have superior intellect, I was merely attempting to engage with you about your assertions and you mostly seem inclined towards deflection and non-responsiveness, defensiveness and distraction on seeming ad hominem irrelevancies.


I do the best I can and I have done pretty well for myself so far.

Could be that you are doing the best that you can, and no one (including yours truly) is asserting that you are not doing well for yourself, so I don't really see the need for such ongoing defensiveness.


Look at my post here from a few pages back.

I don't know why it is necessary for me to do homework.  I am just responding to what you said as you said it... and my memory of your recent postings that were asserting pretty much the same thing about the supposed entry into this bear market that you have realized at around the time that you chose to sell a decent portion of your holdings.  No need for me to research or for you to take any of this personal in trying to get me to research into the asserted greatness of your earlier posts.
19013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 01:45:09 AM
Roll Eyes Roll Eyes Roll Eyes  Get a fucking grip, book talker....  Tongue

Shut your noise-hole, wordy-man.

I'm a bit flummoxed myself as to why we're not at least hovering around $11k.


 Cheesy Cheesy

Who the fuck woke up on the wrong side of the bed today?

Not this cat.

I'm thinking that you may need to switch from beverages to the smokie types, in order to chill out a bit more.. y ten poco paciencia, hombre...

It could take a bit more shaking before returning to $11k, $12k and beyond... My, oh my, it is possible to take years because we cannot ONLY expect UP.. even though we still doing good.. and really there could be some alt coin shaking dynamics that continues to delay our bicycle trip that takes us to the car that takes us to the train that takes us to the rocket, etc etc...

u get urselfie a grip, too!!!!!!!    Tongue
19014  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 01:34:04 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...

You come off as such a wize soul.



NOT.


This above post demonstrates your nonsensical mud, and seeming inclination to talk your book -- -yeah right.. you went from the most bullish to the most bearish just a couple of weeks ago, and now you want to tell the world about your supposed enlightened transformation.

 Roll Eyes Roll Eyes Roll Eyes  Get a fucking grip, book talker....  Tongue


Is this a thread for talking about price predictions or a thread for circle jerking about the moon? Is that the only opinion I am allowed to have? BUY BUY BUY MOON MOON MOON.

You are off base if you conclude that I am criticizing your comments based on their bearishness rather than their bullishness... Although you are correct that personally I likely have a greater tendency to focus on bear FUDspreaders rather than bulls who are trying to get folks to buy. 

Nonetheless, my attention to you and/or your recent posts is largely irrelevant and seems to be an attempt to detract substantive discussions towards me... ridiculous.

Of course, you can predict BTC prices and dynamics in whatever you want and using whatever evidence that you want.   And, people in this thread can point out deficiencies and biases in your predictions, which is what I have been doing regarding several of your recent posts in which you are referring to some supposed "ah ha" moment that you have come to at around (or perhaps nearly after) your selling of a decent stash of your bitcoin, and because of your supposed "ah ha" moment, that does not seem to be based on much of anything beyond some kind of bare assertion, you want to share those feelings with peeps reading this thread.

 What I am doing is asserting that your BTC price prediction (and assertion of current dynamics) seems largely based upon your having had sold a decent portion of your BTC and perhaps unsubstantiated emotions rather than any kind of meaningful evidence or logic, and my responses should allow you to respond to my criticisms, but seems that the best you can come up with is to assert the thread (including yours truly) is too diluted into bull circle jerk thinking.. blah blah blah.. . and without really substantiating any of your earlier assertions beyond that you had sold some BTC and you are hoping the prices go down, now. 

Sure, you could end up being correct that BTC prices go down from here, but could be more of a result of luck rather than any kind of meaningful insight that you have shared about your views of short-term BTC price dynamics.
19015  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2018, 12:49:41 AM
Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...

You come off as such a wize soul.



NOT.


This above post demonstrates your nonsensical mud, and seeming inclination to talk your book -- -yeah right.. you went from the most bullish to the most bearish just a couple of weeks ago, and now you want to tell the world about your supposed enlightened transformation.

 Roll Eyes Roll Eyes Roll Eyes  Get a fucking grip, book talker....  Tongue
19016  Other / Meta / Re: Merit & new rank requirements on: March 12, 2018, 05:25:40 PM
then selling Merit Rank-ups should be no different.

I think this is a fantastic idea.  Let me take it just a bit further!  There are so many people complaining about the new merit system that there should be a way that a user can opt (pay a small fee perhaps) in to using the old activity ranking system.  This way everyone will be happy!!  If you like the merit system opt in to it, if you prefer the old ranking system opt in to it, win-win!!!

Oh I almost forgot to mention, opting in to the old ranking system comes with one little sacrifice.  Anyone opting in to the old ranking system would have there signature privileges removed permanently, NO SIG FOR YOU.

Now lets see all these whining shitposters and farmers opt in to the old system they loved sooooooo much...


I think that the merit system is like various forms of public insurance.  

The way that the system works the best is if everyone follows the same system, so paying for an opt out system would likely not be a reasonable solution on any kind of overall practical basis - even if there may be limited ways to go with this kind of opt out in limited circumstances, perhaps?


So being able to buy whitelist is ok for Brand New members? You can't have it both ways.


The administrators of the forum can do whatever they want, even if it is contradictory.  I am not advocating any change, and therefore, I have no burden to back up what I am saying.  I am just pointing out a problem with the concept of opting out  - or having a parallel system.   if you are advocating some kind of opt out system then you have the burden to show with either logic or evidence that it is practical, and you need to convince theymos, not me.
19017  Other / Meta / Re: Merit & new rank requirements on: March 12, 2018, 04:59:47 PM
then selling Merit Rank-ups should be no different.

I think this is a fantastic idea.  Let me take it just a bit further!  There are so many people complaining about the new merit system that there should be a way that a user can opt (pay a small fee perhaps) in to using the old activity ranking system.  This way everyone will be happy!!  If you like the merit system opt in to it, if you prefer the old ranking system opt in to it, win-win!!!

Oh I almost forgot to mention, opting in to the old ranking system comes with one little sacrifice.  Anyone opting in to the old ranking system would have there signature privileges removed permanently, NO SIG FOR YOU.

Now lets see all these whining shitposters and farmers opt in to the old system they loved sooooooo much...


I think that the merit system is like various forms of public insurance.  

The way that the system works the best is if everyone follows the same system, so paying for an opt out system would likely not be a reasonable solution on any kind of overall practical basis - even if there may be limited ways to go with this kind of opt out in limited circumstances, perhaps?
19018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 12, 2018, 09:42:30 AM
I'm about ready to capitulate myself. Is it best to dollars cost average your way out as well?
PS. I have no complaints, have done well.
Consider that in dollar cost averaging, you convert dollars at a steady rate into another asset.  It works, because when the asset is expensive, your dollars buy less of it, and when the asset is cheap your dollars buy more of it.  That's exactly how you want to go about buying something.
Now consider selling an asset.  If you extract dollars at a steady rate from your store of the asset, it means that when the asset is expensive, you sell less of it, and when the asset is cheap you sell more of it.  That is most definitely not how you want to do it.
Instead, to wind down your position in an asset, you should sell that asset at a steady rate; e.g., sell the same amount of bitcoin every month.
By doing it that way, you are getting more dollars when bitcoin is expensive, and less dollars when bitcoin is cheap.
Another way to think about it is this:  when you acquire an asset using dollar cost averaging, in effect you're selling dollars, and by selling those dollars at a steady rate you get the best results.  Winding down an asset's position is the mirror image that process.  You're selling bitcoin, and selling those bitcoins at a steady rate denominated in bitcoin (not dollars) gives the best results.

@birr... The first part of your discussion of dollar cost averaging lends some insight to the practice because you are indicating that there is something wrong with employing an opposite strategy... however, then your suggestion largely devolves into a kind of recommendation of a reverse dollar cost average strategy.

NO matter if you are in a BTC accumulation stage, or a maintenance stage or a liquidation stage, your strategy should be to attempt to sell BTC on the way up and to buy BTC on the way down.  Of course the more you are on one spectrum or another remains a personal choice but it also effects how you may employ the strategy.  So for example, if you are in a BTC accumulation stage you might buy more on dips and perhaps sell less on rises because your goal is accumulation, but that should not cause you to sell on the way down or buy on the way up.

Usually, if some one who is employing a sell on the way up and buy on the way down is panicking because they screwed up and did not sell enough, so the strategy probably would be to attempt to make up for the screw up by selling a decent sized chunk and then returning to the strategy of buying if the price goes down with the proceeds that were generated from the sale.

Continuing to sell on the way down or creating a plan that continues to sell on the way down is not a good strategy nor is it equally good as buying on the way down... and perhaps making and emergency sell because of a screw up and then maybe even going back to HODL, if not feeling comfortable enough to buying on the way down.
19019  Other / Meta / Re: Merit & new rank requirements on: March 11, 2018, 06:27:10 PM
Every people who only cares about rank probably joined the forum just to make money, because all they care the most is ranking up, that is the main and basic reason why they didnt get the merit normally, because they feel this system is too heavy thus render them too lazy to study and increase their quality.

Guess what? If you are newbie, you only need to score 1 merit daily to rank up normally. It is hard but not an impossible task in my opinion.


You must be in the running for petty president eh as you so eloquently hypo-preached huh? But like assholes, everyone has one. I'll take your "Petty" neg and smile "Hippocrite"


And for the numbers below your name, all that does is show how much free time you have. #getajob or #Graduate

Don't know you to know which. But I'm sure you'll say whichever you feel like makes you matter in this world.


Then why dont you follow his step and give more time to get those merits?

All you do is whining, only gives a little of your time and you want to get a lot of merits? Dont be a hypocrite. If you do the hard work you will get the results. It applies in every world, real world or internet world.

I personally don't have the time to live on Bitcointalk.org. I work 50+ hours a week and login to bitcointalk.org about twice a day to sale misc goods. Now is this fair to me, or others like me, that we can't rank up because of this? Again, opinions are like assholes, everyone has one. And I'm fairly sure you know mine. Point is, if Theymos can sell whitelist to be able to post more on Bitcointalk, then selling Merit Rank-ups should be no different.

You do not receive merit just because you happen to (hypothetically) be a good person (or a hard worker) outside of  the forum.  You get merit for your forum contributions and the perception of others regarding your posts, and you get negative perceptions, as you already experienced, when you attempt some nonsensical contrary principles to the merit system, and selling of merits is contrary to the whole concept of merit... and if you were a bit more insightful, you might have explored such topic in a more exploratory way, rather than attempting to impose and advocate for something that you either purposefully or conceptually don't seem to want to attempt to understand (except through attempting to apply your faulty analogies, which have already been pointed out to you through negative trust - thanks to nullius willing to spend some time in assessing the substance of your previous posts).
19020  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2018, 03:15:02 AM
1 Decentralised merit confirmed

Exactamente - it is kind of like merit within the mind.
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