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19741  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 05:52:35 AM


This evening I sent the contents of several bitcoin legacy addresses to segwit wallet addresses, and the balances of each of those addresses were between .002 and .07.   I paid $.12 fees for each of the transactions (5 satoshis per byte), and it took less than 30 minutes to confirm.. .  This would be nice to last, right?
19742  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 04:46:22 AM

You had me nodding all the way through your post, STT, and even asserting "Amen", even though I am not religious, until your last sentence.

>>>>>>>>Biggest problem right now is exclusion of participants by failure in the transactions fees<<<<<<<<,

Sounds like you are making up shit, here.

Sure there is some truth that transactions fees have been high recently, but get real... we had a spam attack going on and that spam attack is part of the creation of a false narrative to get folks to buy other coins and a bunch of bullshit mumbo jumbo asserting that bitcoin is broken and that it has a BIGGEST problem.   Get out of here with your "biggest problem" rendition.

Its a problem for me or many others not able to shift great amounts,  I dont know who is creating the problem and why but it has to be got past by any means necessary.   I've heard it could be spam or a couple of things, I dont doubt people could try to attack bitcoin for their own gains but in any case a solution has to be found.   
   Most people in the world are pretty humble, I always see the smallest of trades being ironically the most important and most genuine kind of trade possible.   How big is the Coke company and all its doing is selling sugar water in a can right, I want to see Bitcoin back to being able to handle the tiny trades and respecting the little guy.   

I still see FIAT as the biggest threat to crypto, the banks very much want to take over the idea and do it their way with a centrally controlled unit value.    They'll win if people become divided I think

Are you even paying attention?

Have you heard of lightning network?  Of course, some of it is already being experimented upon... it could take many years before it is microtransacting on the level of visa... but it is in the works.

Also, you mention that you want to send big amounts of bitcoin around, and you know that the problem is not with big amounts, because in terms of percentage it is not bad, especially if you are getting into the several thousand dollars arena.

Finally, fees are low currently and transaction times are fast currently.

I just looked in my blockchain.info wallet, and it is showing $.12 for regular fees and $2.02 for priority.  Seems fairly reasonable to me, and you could take advantage of these low fees if you want to move money around, at this time.
19743  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 03:59:46 AM

We saw it happen in the alt market too: ETH pumped to the moon just a month or two before the DAO hack/exploit happened.

But of course you can stick your head in the sand and think whatever you want though. I care not.

Of course, manipulation is going on, and even moreso in alts, and you do care, so stop saying that you don't or you will make me sad.   Cry   Kiss

It would be more irrational to believe there wasn't any market manipulation going on.     Every market has this, this is like people declaring bitcoin is used for crime when Dollar and Euros notes are the most popular way to transport value by criminals world wide.   Gigantic liquidity is why, watch the last series of Narcos for a fair explanation of the illegal trade constantly conducted in Dollars.


The point is to have an open competitive market available to all, then you have the basis for capitalism to take place.   Not that people will stop being greedy or trying to be dishonest, of course they will.   
Biggest problem right now is exclusion of participants by failure in the transactions fees


You had me nodding all the way through your post, STT, and even asserting "Amen", even though I am not religious, until your last sentence.

>>>>>>>>Biggest problem right now is exclusion of participants by failure in the transactions fees<<<<<<<<,

Sounds like you are making up shit, here.

Sure there is some truth that transactions fees have been high recently, but get real... we had a spam attack going on and that spam attack is part of the creation of a false narrative to get folks to buy other coins and a bunch of bullshit mumbo jumbo asserting that bitcoin is broken and that it has a BIGGEST problem.   Get out of here with your "biggest problem" rendition.
19744  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 03:25:38 AM
Actually, you act like I am dumb and I don't know that there is preparations and various kinds of groups that are manipulating and planning,

But you seem to take great pleasure in trying to condescend and smack down anyone who points that out... other than yourself.

I am sorry that you read my tone or assertiveness as condescending... I feel that I am just throwing in a few strong arguments here or there and a few assertions of ridiculous that amounts to my opinion.   Each of us have our styles, and aspects of your numerology and  fatalism wrapped up in conspiracy theories triggers my attention.

Of course, each of us have perspectives, and you do tend to provide a  lot of good angles and assessments and food for thought, but sometimes, it seems to me that you have gone over the deep end.. whether temporary or just some thing(s) in your posts strike me.


but you seem to frequently attempt to make the matter as if everyone is coordinating amongst each other - as if the future is inevitable... blah blah blah...

I don't actually. I don't believe the future of Bitcoin is already decided. I just believe that whenever the Bitcoin market starts to act irrational, like the entire fkn year of 2017, then I know that there's more going on than what seems on the surface.


Yeah... of course, there is manipulation and plots going on, and sometimes that manipulation and plots are just some folks taking advantage of a situation that they just figured out or quickly forming a unlikely bed partners alliance, but it does not mean that the unlikely bed partners were planning since January when maybe they just each started coordinating in a similar direction - ten months later, in October


Or in past years when out of nowhere Bitcoin started pumping to the moon for no explicable reason... there's no doubt in my mind that the pumpers already had the subsequent "crash" planned out ahead of time (e.g., 0day exploit, exchange hack, Mt.Gox DDoS, "China Bans Bitcoin", Mt.Gox insolvency, etc.)


Of course, that stuff can be happening, because manipulators are going to take advantage of coordinated events or even announce new FUD when the other FUD has already hit in order to attempt to maximize the movement in their direction, but it still does not necessarily mean that they were coordinating with each other even though one may have known about the other and one may have known more and another may have had more insider information than another.  And, yeah, sure sometimes there is more manipulation and coordination than we may have known about, but it still does not make the whole fucking thing into a manipulated plan... because some of these dumb ass manipulators lose control too.  Do you think the dumb ass manipulators wanted prices to go above $500 in May 2016... probably not.... They also probably did not want the price to go above $10k in November 2017... but sometimes they just have no fucking ability to control it and then they have to wait for it to settle down again to attempt to apply some of their manipulation tools again.  So, yeah, I hardly disagree with you about manipulation taking place, it is just the enormity of the supposed coordination coming out of your keyboard that seems to go beyond the pale, from time to time.  Jesus, meesus!!!!    Tongue


We saw it happen in the alt market too: ETH pumped to the moon just a month or two before the DAO hack/exploit happened.

But of course you can stick your head in the sand and think whatever you want though. I care not.

Of course, manipulation is going on, and even moreso in alts, and you do care, so stop saying that you don't or you will make me sad.   Cry   Kiss
19745  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 02:37:59 AM
Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  Tongue

Sorry JJG, but you are just flat out wrong. Insiders trade on secret knowledge at least 6-12 months in advance of the public all the time. It happens in the stock market all. the. time.

You really think that the CBOE just whipped up the Bitcoin Futures market in a month's time?? Like they just pulled it out of their ass at the last minute? No fucking way, not a chance. Launching a futures market takes WAY more planning than that. They were planning and discussing it in meeting after meeting for over a year before it launched. And insiders knew about those meetings first.

Just because you think it doesn't occur doesn't mean shit. Try day trading in the stock market sometime... you will get rekt.


I don't think that I need to elaborate any further.  You made your points and I made mine.  We seem to disagree, and I doubt that it would be fruitful to continue on about these speculative points.  Actually, you act like I am dumb and I don't know that there is preparations and various kinds of groups that are manipulating and planning, but you seem to frequently attempt to make the matter as if everyone is coordinating amongst each other - as if the future is inevitable... blah blah blah...

Regarding day trading, I don't do it.. and why would I care to attempt such in the stock market?  Get real.

Sure, I do something that is like day trading in regards to bitcoin, but currently, I am not interested in trading or trying to trade or learning about trading in other asset classes.   So, why would I care about your challenge of me to get involved in something that is not worth a ratt's ass of consideration - at least for me?  Actually, I did not even want to trade bitcoin, but I just fell into some kind of seeming BTC trading practice as a kind of insurance system to protect my BTC investment.

Actually and if you even recall any of my posts, even though I throw out BTC price predictions here and there, my trading style is largely unchanged in regards to my predictions.. (except perhaps here and there on the margins).
19746  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 01:06:35 AM


That's a raccoon, and not a honey badger, but close enough.... let's go recover our food from the picnic food stealing bear(s).
19747  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 12:50:52 AM
By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark?  Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.

EMA is exponential (gives more weight to more recent data). If you want simple moving average choose MA, there you can have 200 days.



I may be doing something wrong... because whenever i try to click on Moving average options,  I get an upgrade to paying member prompting window....

Also, I may be o.k. with the EMA, too, since it seems to be close to the MA, and maybe I could move to a longer time-frame too (such as the EMA 35 - which is currently providing $8241), in order to balance it out?   Or even averaging between $8861 and $8241, would put it around $8550 - good enough for me to become a couch potato BTC TA expert wannabe.
19748  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 12:23:52 AM
- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry
I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?



Reminds me of someone.   Cheesy Cheesy

Reminds me of someone.   Cheesy Cheesy
... who's been silent lately.







19749  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 11:54:02 PM
[https://i.imgur.com/dJ4KgoR.png[/img]

Last year, there were only three red volume months; January, March and September. September dumped because of profit taking after Segwit activated last August 24.

However, Bitcoin quickly recovered and rallied to its peak during the launch of CME Futures last December 18. So basically, January 2018 is a month of profit taking by speculators who bought prior to the CME hype.

This February will define if Bitcoin will continue its uptrend to $33,000 after the January correction.

The monthly chart shows strong support along $10,000 which also a psychological level.

Daily chart
Some bullish traders are expecting a repeat of the fractal patterns made before.

On Balance volume indicates a steady stream of money coming in despite the price decline.

Hopeful bulls are waiting around the 200 day MA ($8,963) to buy in.

Trade setup:

Buy/long the breakup/breakout of the triangle.
Sell/short the breakdown of the triangle.

Buy along the 200 day Moving Average.


Do you have to be a paid member on Trading View to see the 200 day moving average?, because I was wanting to attempt to verify this for myself.  I have heard some folks proclaiming that the 200 day moving average is in the mid $7000s, and so your proclamation of a 200 day moving average to be nearly $9k is surely a better number, from my perspective (because it is higher).  But verification?  How to calculate it?
On a TradingView graph, click on the "Indicators" button at the top. It's the one with the bars and a zigzag line. A menu comes up, Moving Average is one of the possible choices.

After you OK it, your graph has the moving average added. Not sure about the defaults -anyway, if doesn't show the 200-day MA, but some other length, you've got to click on the cog button in the upper left near the new Moving Average label. You can choose 200 (if you're looking at the daily chart), and there it is.

By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark?  Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.
19750  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 10:34:55 PM
To say the least, something of this nature was to come upon the community sooner or later. Increasing cryptocurrency awareness is bringing so many new users to this forum and everyone is heading up the hierarchy. Sadly enough the upper room isn't always enough for everyone on the pyramid and there has to be a way to slow down progressions. Merit is not just a sanitizer, but also a tranquilizer.


Hahahahahahaha



The keeping the stampeding masses down from the top of the pyramid theory.  Great.   Cheesy
19751  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 10:32:37 PM
Is it possible that I have found a bug? Or it's just my browser that tricks me... or this is the normal behaviour and I have to be cautious hitting refresh in the browser...

Have you also noticed if you see this page, after you have merited someone (Merit sent!)
[https://i.imgur.com/U7iA8Ih.jpg[/img]
and you hit the refresh button in the browser, the merit is sent again? (Without asking that I really want to send the data again like when I fill out a form on a normal webpage and hit send, after if I hit refresh, it asks me if I want to resend the same data)

(No, I don't want to trick you to send me a merit and after hit the refresh button to send a second one Smiley I'm just curious if it works for you too or it's just my browser....)

Edit:
before the post I've tried to google for this, if it was asked already but no luck

I did the same thing on one of my sending of merits, and accidentally sent two merits to the same person, when I had only meant to send one  (so I sent one merit twice to the same person).

What you have to do is NOT refresh from a page in which you send merits, but instead remove any of the text after the word "merit" in the refresh page.

So your refresh page address should look like the below address, without text after the word "merit" at the end:


https://bitcointalk.org/index.php?action=merit
19752  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 10:19:34 PM
Going back to the network spam clearing up.

So… going theoretical here…  Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash.  The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative.  At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention.  This seemed pretty effective at the time.  Keep in mind this all occurred during arguably record high entrance to the market by newcomers.

After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions.  This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times.  I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions.  The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).

There is little benefit to spamming the network now as many others on here have theorized.  Not to mention how costly it must have been to spam the network…  That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”.  You heard it here first… bcash pump inbound.


Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.

It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.


You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  Tongue
19753  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 09:58:36 PM
- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry
I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?



Reminds me of someone.   Cheesy Cheesy
19754  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 09:50:30 PM
[https://i.imgur.com/dJ4KgoR.png[/img]

Last year, there were only three red volume months; January, March and September. September dumped because of profit taking after Segwit activated last August 24.

However, Bitcoin quickly recovered and rallied to its peak during the launch of CME Futures last December 18. So basically, January 2018 is a month of profit taking by speculators who bought prior to the CME hype.

This February will define if Bitcoin will continue its uptrend to $33,000 after the January correction.

The monthly chart shows strong support along $10,000 which also a psychological level.

Daily chart
Some bullish traders are expecting a repeat of the fractal patterns made before.

On Balance volume indicates a steady stream of money coming in despite the price decline.

Hopeful bulls are waiting around the 200 day MA ($8,963) to buy in.

Trade setup:

Buy/long the breakup/breakout of the triangle.
Sell/short the breakdown of the triangle.

Buy along the 200 day Moving Average.


Do you have to be a paid member on Trading View to see the 200 day moving average?, because I was wanting to attempt to verify this for myself.  I have heard some folks proclaiming that the 200 day moving average is in the mid $7000s, and so your proclamation of a 200 day moving average to be nearly $9k is surely a better number, from my perspective (because it is higher).  But verification?  How to calculate it?
19755  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 09:07:47 PM
Shaking the tree again?

yes, it never seems to end. We are near the old resistance level of the previous symmetrical triangle (and downtrend) though, so a bounce off this level would be bullish. Of course if it doesn't bounce that would be very bearish, and mean that the previous break was just a false breakout.


In other words, we are in a very criticaltm time period.    Shocked
19756  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 08:55:47 PM
[edited out]

Just consider mine like an early warning. History tells us that people rarely listen to early warnings and eventually they punish that who is telling them what they don't want to hear, instead of being thankful as they should. Google the myth of Cassandra, if you don't understand what I'm talking about.


Looks like you are living in a pie in the sky world.  You want to predict the future before it happens, and then you have a self-fulfilling prophecy.   

Yeah, you could end up being correct, but my earlier points still stand including that your high level of negativism from the get go is still not even attempting to either give the new system a chance or to work within the parameters of the new system in order to figure out the good, bad and the ugly and to be constructive in your whole approach, whether that is brainstorming with others or making suggestions.

I agree that the risk of self-fulfilling prophecies is frequent, but probably not in our case since over 99% of the forum members won't read our discussion here, and surely not the worse shitposters who are quite likely to not even speak English and to use google-translate for posting. In fact, I guess that over 90% of the forum's members are probably still completely unaware of the change, unless they have been in the META section. They will start to suspect something when they'll realize they don't rise in rank.

I also agree that my post was unbalanced towards a negative view. I guess the reason is that experience made me quite pessimist (I would prefer the word "realist") about human behavior, and especially human mass behavior - which is even much much worse than individual human behavior, which at rare times even happens to be not bad at all. And even though I agree on the necessity of a merit system and I am afraid that this version won't work, at the moment I have no constructive idea of a better system.

Of course, we do not necessarily need to have an open mind on all points, especially if there is some lacking in facts or logic for the points that are being made, but if we can recognize that sometimes change comes that includes both negatives and positives, yet it might not be fruitful to let the perfect become the enemy of the good - and sometimes we can make progress even when we do not agree (and we might not come to complete agreement, sometimes  - or maybe frequently). 
19757  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 08:46:49 PM
I DARE those so called Legendary and Heroes  to agree with me if you have BALLS enough (only people who have BALLS will quote and agree) and you are really serious to eliminate shit posters.

I'm also calling all DT's to agree with me and lets finish this shit posting for good.

Your challenge here is a bit much, and likely has the opposite effect.  In reality, I should just ignore you rather than even quoting anything... even though you made some decent other points, but your points are not the be all end all, there are a lot of ways of framing matters, and there is not ONLY ONE way of looking at things, which happen to be your own way.  Get a grip.   Roll Eyes    Cheesy Cheesy Cheesy  (see trying to find some humor in your nonsensical attempt at seriousness).


What makes you think that any of your opinion is valid? Just because you have a huge pile of sMerit to give out somehow this makes you an authority on what deserves praise?

Most of of what you post is merely drivel, nonsensical shitposting. Why don't you just put this whole thread on ignore and quit double posting?

I have discretion to determine what I would like to read and I have discretion regarding what I post too, just like you do. 

Furthermore, we disagree about the large majority of your ad hominem seemingly bitter (if not envious) and without substantiation other points, of course. 

By the way, I am not even going to ignore you (lucky you   Tongue) because once in a while I have seen that you have made  a decent point, here or there - especially when you can get past your tendencies towards emotionalism.
19758  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2018, 08:21:34 PM

technically, of course

just like ETC is the original Etherium


edit/ rethinking this...what about the emergency difficulty adjustment code?

hmmmmm


This claim of BCash being the original bitcoin is not correct in any way, technically or otherwise, except perhaps to retroactively spin historical facts to suit the bcash self promoting false narrative.

The more accurate historical rendition remains that bcash is and has been a minority attack on our lovey dovey  existing bitcoin; however, we could likely concede that if bcash were to gain network backing in various ways then at that time they could proclaim to be the real bitcoin, but to be honest they have to admit that they started out as a renegade and minority attack on the real bitcoin

19759  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 06:56:18 PM
[edited out]

Just consider mine like an early warning. History tells us that people rarely listen to early warnings and eventually they punish that who is telling them what they don't want to hear, instead of being thankful as they should. Google the myth of Cassandra, if you don't understand what I'm talking about.


Looks like you are living in a pie in the sky world.  You want to predict the future before it happens, and then you have a self-fulfilling prophecy.   

Yeah, you could end up being correct, but my earlier points still stand including that your high level of negativism from the get go is still not even attempting to either give the new system a chance or to work within the parameters of the new system in order to figure out the good, bad and the ugly and to be constructive in your whole approach, whether that is brainstorming with others or making suggestions.
19760  Other / Meta / Re: Merit & new rank requirements on: January 29, 2018, 06:38:57 PM
I DARE those so called Legendary and Heroes  to agree with me if you have BALLS enough (only people who have BALLS will quote and agree) and you are really serious to eliminate shit posters.

I'm also calling all DT's to agree with me and lets finish this shit posting for good.

Your challenge here is a bit much, and likely has the opposite effect.  In reality, I should just ignore you rather than even quoting anything... even though you made some decent other points, but your points are not the be all end all, there are a lot of ways of framing matters, and there is not ONLY ONE way of looking at things, which happen to be your own way.  Get a grip.   Roll Eyes    Cheesy Cheesy Cheesy  (see trying to find some humor in your nonsensical attempt at seriousness).
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