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1941  Bitcoin / Bitcoin Discussion / Re: KickAss owner was using Coinbase as his bitcoin wallet!!!!! on: July 24, 2016, 04:40:39 AM
I'm surprised they haven't moved torrent sites like this on to a blockchain already. When it has no owner - who will they chase then?
1942  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2016, 03:54:06 AM
Well, that's fair enough, and maybe even practical; however, you still did not answer my main question, and that is how do you deal with situations in which you are not correct, especially if you are trading 100% of your BTC holdings on these kinds of price swings (Note: you admitted that you are not always correct).

There's no way I could bet with 100% without panicking and screwing up. Also, just to have 100% on an exchange would have me pulling my hair out in anxiety.
1943  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 11:32:43 PM
Regarding the crap towns vote, you missed out Sunderland. You really should visit it considering it was voted third crappest town in the UK. The best time to visit is when there's a home game against Newcastle on. Here's a few pictures of the aftermath of a previous game so you know what to expect.

...

I'd vote for Swindon: when your prime attraction is a roundabout, you know you're fucked.
1944  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 11:22:56 PM
ETF is bullshit (not bullish). winklewees are ever failing wannabes burning through daddy money.

trading paper coins will certainly not lead btc price higher.

just look at how gold ETFs are used to lower its price, flooding the market with their monkey gold.

ETFs have been held responsible for the rise in gold up to nearly $2000/oz, as they opened up investment to the market from participants who wouldn't have dealt with the underlying asset.

I think the problem here arises from paper claims not being backed by actual assets - Bitcoin's transparent ledger should provide a simple and incontrovertible means to assess an ETF's holdings however.
1945  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 02:55:01 AM


Pilko Pump Pants are a classic. Ballshit Man is another great one  Grin
1946  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2016, 12:32:11 AM
It's definitely on the list. One day I hope to come across somewhere so desolate and depressing that I instantly drop dead from sheer despair. In the UK Port Glasgow does a nice job. I think some forgotten city in Siberia's going to do it.

lol, sounds like you've taken inspiration from Karl Pilkington.


There's a book called crap towns whose readers voted for the 50 crappest towns in the UK. Glasgow was voted joint fourth crappest with Edinburgh in 2004. If you want a crapper town than Glasgow try visiting Sunderland, Windsor, or Luton. The 2004 vote for the number one crappest town in the UK was Luton.

https://en.wikipedia.org/wiki/Crap_Towns

1. Luton
2. Windsor
3. Sunderland
4. Edinburgh (equal place with Glasgow)
4. Glasgow (equal place with Edinburgh)

There might be similar crap town votes held in other countries that could tell you the most desolate and depressing places to visit.

Hm, some parts of some of those cities are quite nice (just watch out for garbage trucks in Edinburgh though).
1947  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: July 22, 2016, 11:43:49 PM
I'd have thought more shorts would've covered, but there's still way too many open. The Eth whales are in total control.
1948  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 21, 2016, 04:17:13 PM
Unfortunately, quantum mechanics and a hundred years of thought and experimentation have laid waste to determinism in the way you're thinking.
At any 'point' in time, there are many future possible outcomes for the next cloasest future 'point' in time. All outcomes have known probabilities. One such outcome is randomly chosen from an observer's point of view.
That is true randomness btw - not just a lack of information.

It may be impossible to determine the outcome from all past information in the universe, but I don't think that proves that the universe is non-deterministic. Perhaps, for example, there is a multiverse that contains all possible universes, and, if we might be granted to peer over it, the apparent randomness of electron clouds collapsing would be perfectly mechanical.
1949  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: July 21, 2016, 12:47:17 AM
The problem is people are greedy and over leverage themselves and get bitch slapped by the whales. they will never learn. Smiley

Yes, the big mistake beginners make is over-leveraging their position and then getting liquidated.  You need to be conservative, analyze the risks/rewards and hedge yourself if necessary.

Speaking of shorts, this appear to be the one thing price has in its favour at the moment.  Bfxdata is showing a record short ETH position on Finex of around 560K.
1950  Economy / Scam Accusations / Re: Charlie Shrem is scammer, watch out on: July 21, 2016, 12:13:25 AM

ftfy.
1951  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: July 17, 2016, 08:49:42 PM
Yes as much as I don't understand how ETH kept its price up, we can all agree that it's a fact. I still think it will drop after the hard fork but really, perhaps it even rallies, the ETH community proved to have very strong hands and really believe in the ETH team...plus they have miners on their side so not sure if it'll go below 5 bucks and lower as we all though initially.

Patience, patience. It's locked in a powerful downtrend right now (rejected twice now by the 200-day SMA for example) and it should be heading further south in the coming months. Whether it goes to five dollars is sort of dependent on BTC price, as that's where the majority of trade happens.
1952  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2016, 01:43:00 PM
just pump already so I can dump my coins and go away.

Oh oh, 100 Satoshi dump incoming. Brace yourselves everybody!  Shocked
1953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2016, 01:37:26 PM
Check past volumes. They are particularly low recently.

Not particularly. As has been mentioned, markets are waiting for the breakout - either up or down. Volume is more or less where it should be.
1954  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: July 17, 2016, 03:35:51 AM
Looks like Many people are still believing in ETH i thought that there is issue about dao and ethereum? so i think better to convert your ethereum to bitcoin because will increase this following months.

Not as many as before judging by bid support on Polo. 4700 BTC is the lowest I can remember post-bubble (excluding after huge sell-offs).
1955  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2016, 03:50:31 PM
Izabella Kaminska is a saint. Leave her out of this. Angry

We all know you harbour feelings for her, but she is a human and you are just a corncob.
1956  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2016, 10:36:52 PM
holy shit. are we gonna make it through 2016 without the world ending? it's starting to smell like end times. now all we need is for dolly parton to croak and we'll know doom is certain.

South China Sea will be the flashpoint if it will end. What men will do for rocks...
1957  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2016, 11:03:01 PM
Who will grow faster? BTC or Mark?  Wink



This comment is good. This has to be pointed out. Thumbs up

Seconded, lol  Cheesy
1958  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2016, 12:08:42 AM
Did you guys really delete my posts about bollinger bands and how it relates to the btc price ?

Disclaimer:I'm talking about Bitcoin ...

Don't feel bad, they deleted my post on how Ichimoku Clouds relate to price via interspatial, volume-weighted oscillations and Popeye's mean spinach consumption Roll Eyes
1959  Alternate cryptocurrencies / Altcoin Discussion / Re: The Steemit Lie: false expectations and false advertisement on: July 13, 2016, 04:38:56 AM
A couple of questions...  How does Steemit pay off these people?  Where does Steemit get their revenue?

From what I can understand, the devs mined all of coins in the beginning and maintain control now through witnesses. The Steemit website (totally separate from the blockchain) is them redistributing these coins to users.

It's an interesting tactic. The number of coins out in the wild - the free float if you like - is miniscule. They can therefore make the coin look like it has this massive cap when in fact it doesn't. A good example of this is the ask side on Bittrex, which at 35,000 Steem is currently less than 0.05% of the supply.

Btw, currently $400M cap supported by a whole 200 BTC on Trex. lolol...
1960  Alternate cryptocurrencies / Altcoin Discussion / Re: The Steemit Lie: false expectations and false advertisement on: July 13, 2016, 02:04:10 AM
This is one of the more ridiculous pumps I've seen a while. Number #3 with a $246 million cap from just 1,500 BTC trade on Bittrex of all places. Tongue
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