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2081  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2019, 10:55:18 AM
These papers are not for you to consume, all of his actions can be easily explained if you think of him as a man preparing a case for litigation. He's just preparing documents that he'll be submitting to court. Probably will try to trademark "Bitcoin" next.

Then why the sensational coingeek article? It was a well-timed pump job / maneuver backed by a well-written propaganda piece. It ultimately proves nothing, other than there is no apparent correlation between somebody's ability to invest and intelligence.

Fools and their money are swiftly parted.  Fucks I give not.
2082  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: May 22, 2019, 10:23:04 AM
I took average profits of 1.5k sats per Grin.

Will try not to spend it all in one place !
2083  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2019, 03:37:54 AM
We don’t need LN to scale. 

Just use centralized solutions like Liquid to scale for low security transactions.
2084  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2019, 03:34:12 AM

::le sigh:: ...aaaand we're back to 'Aussie man bad!'


Truth is a defence to defamation

Yet, only in honest discourse is understanding to be reached.

You seem to be a lovely chap.  I don’t know why you persist in defending such comic book villains.

Lodging a copywright claim over the Bitcoin whitepaper which has an MIT open source license printed on the front page?  It’s both hilarious and pathetic.
2085  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2019, 03:26:24 AM

::le sigh:: ...aaaand we're back to 'Aussie man bad!'


Truth is a defence to defamation
2086  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2019, 02:27:06 AM
Have you considered getting your pilot’s license?

 Coincidentally, yes. Recognized it was going to be too much of an investment in time and energy, that I would rather spend doing other things.

 Even for a commercial drone pilot, it's a shitload of material to learn to get licensed. Decided to stick to the hobbyist arena.

 I'll keep puttering around my studio, playing video games, and hanging here with you brothers until Jah comes to take me.

 Regarding your friend retiring in her 20's, that's a remarkable achievement. Bless her.

Cool. Have you considered joining a gentleman’s club?  My club has reciprocal rights with one in Houston although I have never been to the Houston one. Generally lots of like minded people who are happy to sit down and have beer in the middle of the day and tons of events.  

http://www.clubcorp.com/Clubs/The-Houston-Club

Your financial advisor should be able to facilitate an introduction if helpful.

Or maybe learn to sail:  http://www.houstonyachtclub.com/
2087  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2019, 10:15:39 PM
Bob

Have you considered getting your pilot’s license?

A friend of mine retired in her late 20s (tech unicorn) and she was always moaning that no one wanted to come out play in the middle of the week when we were all at work.

She says it’s the best thing she ever did. Requires lots of study in a completely new field and liberating to be able to fly half way across the country on a whim. 
2088  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2019, 09:50:19 PM
Curious to know what you guys think about using RSI to make informed trades.

If you use it, care to share in what capacity and what settings?

It is pretty much useless, buddy. You know what's best? Go to Tradingview and add one of those RSI indicator scripts that show you when to buy and when to sell. Now do some backtesting with NASDAQ or DOW  or even BTCUSD. You will see it shows 50/50 ratio wrong to right signals.

RSI is one of the best indicators which was invented because it gives you the strenght over a certain time for long and short movements of the price.

You are better off using price momentum for that.  But even that is useless.  Big moves always run for longer and higher / lower than everyone expects.  

Just use price and volume and draw triangles on longer time frames. It’s all you really need.

All these fancy mucky muck indicators are just derivative of price and volume.  And the signal to noise ratio falls as they become more derivative. 
2089  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: May 21, 2019, 08:25:18 PM
32k sats and as far as pumps go I am finding this one a bit underwhelming.  Price momentum has stalled.

2090  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2019, 10:29:42 AM
Has anyone consider that price change can be in connection with google putting huawei on blacklist. Im thinking what could happen if Chinese people could stop buying Coca Cola for one day.
Is it possible that could be connected in some way.

CocaCola in China, like everywhere else, is just a small number of local companies that have bought the rights to use the CocaCola brand. You would be hurting the local owners not CocaCola USA.  CocaCola in Altlanta makes its profits from IP licensing.  

https://www.coca-colacompany.com/press-center/press-releases/the-coca-cola-system-in-china-completes-definitive-agreement-to-reshape-bottling-operations-in-china#ath
2091  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 10:01:15 AM
A scorpion asks a frog to carry it across a river. The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown. The frog considers this argument sensible and agrees to transport the scorpion. The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both. The dying frog asks the scorpion why it stung the frog, to which the scorpion replies "I couldn't help it. It's in my nature."
2092  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: May 20, 2019, 09:38:48 AM
31k sats and things that make you go hmmm...

2093  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 02:47:25 AM
Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

You still haven’t come up with a single alt with actual real world users.  

There are actually quite a # of companies using IOTA. Just saying.

Name one that has gotten past the pilot stage.

It’s a bit like XRP.  Despite hundreds of trials with banks, Ripple has never made it past the pilot stage.  And if you talk to the people inside the banks about xrapid, they laugh.

You will notice that Ripple is doing a bunch of partnerships with banks in developing countries.  That’s because they have miraculously managed to burn their relationships with the entire developed world banking system by overpromising and underdelivering.  Everyone thinks they are a joke.  At the rate they are going, by 2020 there won’t be a bank left in the world that is willing to talk to them.
2094  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 02:46:48 AM

You keep avoiding the ‘no real life users’ of alts problem.

What exactly do you mean by a "real life user".

In monetary assets, a "real life user" is simply someone who's invested. Here - see some metals belonging to "real life users".

Here's some "real life users" making transactions on blockchains. I presume those in the top 5 are just wasting their lives by not doing them on the "holy" bitcoin chain.

Here's some "real life users" providing trustless, blockchain sourced liquidity to traders requiring stable, pegged assets to national currencies. Maybe they should have just stuck with BTC and accepted the losses when their guvpaper based goods prices were rendered irrelevant. (Not to mention the "real life users" making money by shorting or longing that asset onto its peg - but, hey, just hold BTC instead, otherwise you're not a "real life user" ? Wink )

Here's some making money from running masternodes on the Dash network and securing the "o-conf" end of the confirmation cycle so crypto can be used in instant transaction scenarios. As far as I know they're "real life users".

Ethereum is adding thousands of developers every year to its ecosystem but I'm sure that doesn't count as "real life users" as they're not on the bitcoin network, nor are they "users", they're developers.

The reason you folks think there's "nothing going on" and "no value" in other chains is simply because you're so f*ng fanatically tunnel visioned that you've already defined yourselves a self fulfilling prophecy.

Might be an idea to wake tf up and realise that because not everybody thinks like you, not everybody invests like you - at least not exclusively.

Can you name anyone using any of those coins / tokens for anything other than as a currency or store of value?

I’m willing to admit stable coins have value, although their current implementation is dodgy. But I cannot see value anywhere else except as a shitty copy of Bitcoin. 
2095  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 01:16:26 AM
Bitcoin is a store of value. Everyone on this thread is actively doing just that (trolls excluded) .  We are a thriving community and only one tiny corner of the Bitcoin ecosystem (even if I would like to think we are near the centre).   Many of us have significant amounts of value tied up in Bitcoin.  

You keep avoiding the ‘no real life users’ of alts problem.  

2096  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 01:05:47 AM
Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

You still haven’t come up with a single alt with actual real world users.  
2097  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 12:40:00 AM
You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

It still has the support of Bitmain and another BTC bubble would presumably provide them a war chest with which to pump it. I mean, they're a million deep in that shit, so I'd certainly not rule it out.

No.  Bitmain has abandoned Bcash. Jihan is now bagholder extraordinaire
2098  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 12:39:03 AM
It wouldn't be just TA. Getting above 10k anytime soon would bring a fresh round of bullish news stories and newbies fomoing.

If it’s not drawn in crayon it doesn’t count
2099  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2019, 11:20:17 PM
I don’t want to jinx it.  But I’m excited about it  Wink
2100  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2019, 11:15:42 PM
I don’t want to get ahead of ourselves, but there’s something pretty important from a TA perspective that would happen a bit above $10k if we reached that
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