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25801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2016, 06:57:25 PM
if it reaches $1000 i will dump 150btc, call it a day and do something else with my life. even if it reaches the sun later, no regrets. ive tried enough

Many people will dump around $1000. That is psychological resistance. See the dumps of 27/11 - 28/11 2013.

It's rather logical. That's why I always put my orders a few dollars before the too round numbers xD

That is why dumps also occur at prices like 950$, 1050$, 1040$.  Smiley

Yeah xD

And that is why you've got to find the real dumping price and get few cents before/after ^^



Sure, some of you goofballs are going to be attempting to time the market, and believe that you are making a killing when you dump all your coins at $949.83...

But, the smarter ones are going to ride out some of the waves and make sure that they are hanging onto some coins.

Playing all or nothing remains a very risky proposition... surely sometimes you can make out real well, but it is not a very good longer term strategy.. especially regarding bitcoin and its various unexpected exploding outbursts..





25802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2016, 06:53:58 PM
2016-01-27     07:00 PM GMT   Fed Interest Rate Decision - Most Likely 0.5%



Bitcoin primed and ready for action:




I do, sometimes, recognize some value in showing various performances of alt coins, because there can be some connection with pumping and dumping... because bitcoin is frequently used as a means for quickly transferring value between coins...


We can contrast meaningful discussions of alts and their relationship with bitcoin to some of those scammer posts that merely come into the bitcoin thread for publicity and to pump their coin.. and even at the same time unreasonably and without justification denigrating bitcoin in order to prompt folks to put some money into their alt...
25803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2016, 06:34:53 PM


I found this bitcoin article to be insightful and informative,


http://www.breitbart.com/tech/2016/01/25/bitcoin-not-dead/

The article puts some perspective on the various seemingly emergency attempts at pushing for bigger blocks with the mining of bitcoin... and that those attempts at bigger blocks seem to be intended to make an emergency are likely ways to cripple/undermine decentralized aspect of bitcoin in various regards.

With the author's initial classification of bitcoin as a currency, recently, I have been becoming a bit irked with those kinds of comments to attempt to classify bitcoin as a currency.

Surely, the author is very bullish and positive about the real paradigm changing peer to peer aspects of bitcoin, and so he does not imply anything negative in his assertion that bitcoin is serving as a kind of currency.

I would suggest that even though bitcoin has some currency attributes, bitcoin remains way too new in size and familiarity and infrastructure to really compete in any kind of meaningful way like any kind of real and regular currency (even though it does have some aspects of currency, for sure)..

In my current thinking, bitcoin remains way too small to really fit the currency definition, so for me, the term “currency” is a bit too imprecise, yet, it seems that years from now, if bitcoin continues to expand, bitcoin could become a very real contender in various currency circles.. and surely become a paradigm shifting form of medium of exchange and storage of value, and surely bitcoin’s various strengths is one of the perceived threats of bitcoin and that is something that seems to becoming more and more unstoppable and worthy for some legacy financial institutions to consider ways to fight bitcoin and to make various attempts at undermining bitcoin because bitcoin continues to threaten legacy financial institutions in profit generation.   


25804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2016, 06:17:58 PM
I used to notice that btc-e.com usually has less price that other english exchanges,
but now, its price is more $2 above others like bitfinix and bitstamp

bitfinix  = 392.5
btc-e = 394.8


Yep, it can be a bit curious regarding how, from time to time, thee rates on the various exchanges change in one direction or another, and surely, can cause various arbitrage opportunities,  especially, if the difference is either just coincident or inaccurate perception matters....

25805  Economy / Services / Re: BetKing.io Signature Campaign (OPEN) on: January 26, 2016, 10:10:50 AM
I would like to join your signature campaign

Your username and link to your Bitcoin Talk profile: JayJuanGee    https://bitcointalk.org/index.php?action=profile;u=252510
Current member rank: Hero Member
Current post count: 5409 (including this post)
Your Bet King username/ID :  JayJuanGee  / 97923
25806  Economy / Services / Re: ❃❃ ▶▷ BETCOIN.ag ◁◀ ❃❃#Signature Campaign-High Pay, Monthly Bonus, Special Award on: January 26, 2016, 05:17:41 AM
Hi Roslinpl,


I am interested in joining your signature campaign.
25807  Economy / Services / Re: INCREASED PAYOUT(7/13) ۩۞۩ secondstrade.com ★signature campaign★upto 0.0006/post on: January 25, 2016, 09:27:17 PM
sorry but.... secondtrade don't want pay this week!?!
why?

We are still waiting. But we have good hopes he will pay as promised. Give him a couple hours ;-) He has probably a lot to count and verify before paying anybody.

(EDIT : OP I'd like to leave this campaign when the next payment arrives)

it looks all calculations done. 55th week ready on spreadsheet. ready for payment but i guess there is not enough coins Smiley

not enough coins? this could be. have a look at https://blockchain.info/address/1FTziwutvwSG58XCc7ncnthiPg8NCBh69L

1FTziwutvwSG58XCc7ncnthiPg8NCBh69L is the campaign wallet from the OP.


Yeah... hahahahahahaha


.16  BTC in the wallet


enough to pay me, and maybe a few of you other guys... and then what?


 Cheesy Cheesy
25808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 09:23:08 PM
As per my observation on Price of BTC/USD totally depends on market. Because when market collapse it goes down and when in upward trend it rises. See History periodically you will notice.


I get the sense that what you are saying is not really true.


There may be times when bitcoin prices are correlated with the fiat market (and/or stock market); however, there are times when it is of opposite correlation. 


I think that you need to zoom out further in order to come to any definite conclusion, and really in the end you need to consider the value of BTC.. and even the fact that in 2013 it gained more than 100x value......


yes!!!!!!  What the fuck?Huh That is really amazing!!!!!   


You cannot make any broad conclusions about bitcoin's correlation with the stock or fiat market without accounting for the context.. and then considering such context in terms of long term and short term trends... bitcoin continues to have considerable upside potential... and the extent to which Bitcoin's value is correlated with fiat/stock market prices is still to be seen.. because bitcoin is still a very immature innovation that is yet finding its price and finding its user bases and its investors and its infrastructure (all of these in seemingly a very much continuing and expanding way).
25809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 09:16:11 PM
4c is high.

I'd say we don't know if it's high or not, and protocol decisions shouldn't be made based on opinions on market pricing. Low-fee transactions aren't any better a design goal than high-fee transactions if reaching that goal requires developers to start intervening in free price discovery.

What I'm getting at: Better efficiency is a great goal, and would lead to a lower unit price for transactions, obviously. Trying to fix prices outside the market is a bad goal.

Absolutely. My claim is based on what I believe the cost would be for the service provided in a competitive free market. It is up to that market to determine the actual value of the service though.

I think I paid about .0002 BTC, which I believe was between $.07 and $.09 for each of two movements of 10BTC transactions in the past couple of months, and I was o.k. with that.  I am not sure if there is every completely a free and open market to establish prices, but more or less, I believe that I get your point that you are considering $.04 to be high... and maybe it is in some circumstances. 

Probably, there remains a few questions concerning the rate and that is at least:  1)  whether the rate is fair today, 2) whether the rate is going to be fair in the future and 3) whether systems in place (and those systems being debated) are going to affect whether the rate is fair in the future.  And, the question of fairness is not merely how much it costs users (like me and you), but also whether it creates sufficient incentives to maintain the infrastructure for those who are mining.  Surely, at this point, some of us, including yours truly, believe that the bitcoin mining infrastructure is overly built for the present price and for the present levels of transactions.  However, I am not really bothered by that overly built bitcoin mining infrastructure because in essence, I get the sense of being overly built causes sufficient security to support a btc priced around $20k or more, which is not a bad thing in my thinking.

So really, price needs to be considered both from the user's point of view, but also from the point of view of incentives for continued creation and maintenance of BTC mining infrastructure.
25810  Economy / Services / Re: INCREASED PAYOUT(7/13) ۩۞۩ secondstrade.com ★signature campaign★upto 0.0006/post on: January 25, 2016, 08:59:42 PM
sorry but.... secondtrade don't want pay this week!?!
why?

We are still waiting. But we have good hopes he will pay as promised. Give him a couple hours ;-) He has probably a lot to count and verify before paying anybody.

(EDIT : OP I'd like to leave this campaign when the next payment arrives)
i think , too late payment some the reason clasic. i dont know why they not used escrow  Cool


This particular lateness has nothing to do with clasic....

If a payment is made, then he would have posted that he had made it.  Usually, that is either late sunday or early monday... and then it takes several hours for the transaction to go through because he seems to pay low transaction fees, if any.
25811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 07:21:55 PM

4c is high.

High? Are you high? Cheesy Compared to any other alternative (banks, visa, mc, paypal, western union, swift) it's the lowest you can get. Even an sms will cost me 0.12 euro and if I send it globally it might cost me half a euro.

Mail -> Email
Visa -> Bitcoin.

Stamp->49c Email->marginal cost
Visa->0 cost to customer, BTC->?

Do the maths.

And comparing SMS? LOL, a horrendously overcharged item enabled by government granted monopoly... Are *you* high?


Richie..... I think to be objective, you gotta concede a bit on your rendition of the cost(s) of credit cards.  We cannot calculate costs from only one side of the transaction.... Credit card transactions are generally at least 2%... and frequently closer to 5% by the time you add all the various charges on merchants.

Expanding the topic a bit into bank transfers:  In recent times, I have come across quite a few bank transfer services that are free between customers of the same bank or with minimal efforts to set up sending and/or receiving accounts.  However, really, are those services free?  Frequently, they can take 1-5 business days to clear, and also banks are rarely paying any meaningful interest rate on the money that they hold for you (as they had in the olden days).  In this regard, banks are providing some purportedly "free" services, but they are getting use of trillions (or at least billions) of dollars without paying any interest rates.

My point is that I think that we should really consider whether a transaction is free, such as using our credit cards..... when we are comparing the current and/or upcoming costs of using bitcoin. 
25812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 05:11:30 PM
The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.


Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.


dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.


BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.


It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.


No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.
This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).





Please lets stop talking about Bitcoin's technical limitations, because this way they will go away... and please don't mention any better, efficient and advanced solutions especially in the forum where most crypto enthusiasts/investors gather to get information, this way Bitcoin will never fail...


One thing you've got right, I have to stop posting hints about the dead horse, the time of free hints is gone... this will be the last one I promise.

Edit: I stopped visiting this sub-forum for almost a year, I got more productive, I will stop visiting again.... nothing good comes out of here, this is my last post ever in the speculation sub-forum.

We can only be so lucky that you follow through with this threat.

Thank you lordy....  Tongue Tongue
25813  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 25, 2016, 02:53:35 AM
...
Nice method. But, isn't it the same as buy low, sell high? Tongue

There is absolutely NO other method than buy low, sell high, there are only variations in how to do this, for example how to buy low and sell high since you can't really KNOW when there is a low or a high.

Juan... though in order to gain bitcoins at the end you need to accumulate more bitcoins on that side where you think the price will move (i assume one can short bitcoins too) so the bigger question is how do you determine if price will go up or down. I mean you can't blindly throw coins in both directions since that for sure will make you lose because of the trading fees.


Yes.  You are correct that if a person does not buy low and sell high, then that person will not be profitable... so any trading plan has to at least meet those minimum parameters.

To attempt to further respond to your question regarding setting up orders on both sides, my post provides considerable detailed suggestions providing examples about how to accomplish staggering orders, and you are also correct to the extent that you cannot know for sure which way the price will be moving in the short term.  My plan does not rely on knowing the direction of price movement, even though I will get inclinations to tweak a little bit in one direction or another to bet more or less and/or to preserve funds for continued and unexpected overshooting (which bitcoin seems inclined to do).  

 Therefore, I will be continuously staggering and readjusting my bets on each side in order to continue to buy on the way down and to continue to sell on the way up.  I use the word "bet" for ease of reference, but I am really not betting..   For the most part, I execute my trade when the price meets my marker...and sometimes I adjust the marker on the fly, because I don't really want to buy if I think the price is going lower in the near term and I really don't want to sell if I think the price is going higher in the near term.. but if it is not clear about price movement, then I will just execute the buy or the sell in order to lock in the amount.

Ultimately, the trader has to more or less keep track of how much he is buying and/or selling because he cannot get tricked into buying higher than he is selling or selling lower than he is buying.. and these numbers are continuously moving when a position is opened or closed.

I believe that my previous post provides sufficient details of examples, and it will make a lot more sense after aspiring traders attempt to put the outlined recommendations into practice and then maybe read again after practicing... and even develop his/her own custom-tailored approach to how much to trade and at what triggering points.

I actually do not bet in ways to short BTC or bet more BTC than i have in what is called margin trading  (or leveraged trading) because in essence, I am not attempting to predict the direction of the BTC prices with any precision and I think that a person can make sufficient quantities by merely employing basic principles that I outlined.  There are plenty of opportunities to increase BTC stash and dollars by just having btc and dollars available and to stagger the orders in order to be able to continue to buy as  the price is going down and continue to sell as the price is going up.

Even though in my earlier post, I provided smaller numbers of a person who has 20 BTC and $2,000 (a $10K budget in total), which would require smaller buys and sells than my own, my current actual buy and sell staggering looks like this:

My current tentative buy plan is:

$336.00           0.74404762   $250.00
$345.00           0.57971014   $200.00
$354.00           0.56497175   $200.00
$361.00      0.55401662   $200.00
$368.00      0.54347826   $200.00
$373.00      0.53619303   $200.00
$378.00      0.52910053   $200.00
$384.00      0.52083333   $200.00
$392.00      0.38265306   $150.00



My current tentative sell plan is:

$403.00      $150.00           0.372208437
$408.00      $250.00           0.612745098
$414.00      $250.00       0.603864734
$419.00      $250.00       0.596658711
$423.00      $400.00       0.945626478
$428.00      $400.00           0.934579439
$433.00      $400.00           0.923787529
$438.00      $400.00       0.913242009
$443.00      $400.00           0.902934537
$448.00      $500.00       1.116071429

 
My buy/sell plan is not strict or concrete, and also sometimes there may be some quirks in the numbers based on some of my previous actions regarding positions that I consider to have still open (more or less in my records).  

Anyhow, if BTC prices rush beyond my buy / sell points then I may wait and/or combine buying or selling authorized quantities, and after I execute any buy/sell transaction, then I will adjust my projected target numbers on the opposite end.  

So for example, in the current above described scenario, if BTC prices go passed $403, then I will sell $150 and then adjust my buy numbers accordingly, and maybe I would then add a plan to buy $150 at $397 or make some other tweaks to my quantities and trigger points (like for example buying $75 at $397 and $200 at $392 and $225 at $384).  There are a variety of ways to tweak and to stay realistic about how much to allocate and at what price points.  

On the other hand, in the current above set of price plans if the price goes down to below $392, then I will buy $150, and then I may plan to sell $150 at $399 or some other tweaks in my plan within my judgement.  

If the price is rushing in one direction or another, I may let the price go passed the pre-planned buy/sell amount and then combine at some point in the middle to make either my buy or my sell in order to lock in and to profit off of the rush of the price change.   As anyone should realize there is a considerable increased ability to make a lot more money (either BTC or dollars) when the price changes a lot in a short period of time, but it only works if you have orders staggered in each direction and then you wait out the quick change to combine your buys or sells in order to increase the locked in amount.  In this regard, it is sometimes better to lock in the amount early rather than getting greedy because a person is frequently going to have trouble timing the exact top or bottom, and we do not want to get too greedy because it could result in further losses or too much stress regarding the whole practice of attempting to lock in profits at various points and then to thereafter readjust the various positions based on the favorable trade.  If the price continues to unexpectedly move in the same direction, then one still needs to have funds available for that continued movement to be able to continue to profit from that direction or to profit in the even that the price changes directions (whether slowly or quickly).  

Ultimately, though I am providing some trading guidelines to stagger trades, my plan is not strict, but I am always balancing to make sure that I keep funds on each side of the price movement to be buying with dollars when the price goes down and selling with bitcoins when the price goes up... but I am calculating all of my trades in dollars for simplicity sake and also to make it easier for me to keep track of my amounts of trades ... and to be able to bank my profits in bitcoins, which amounts to an ongoing and continued accumulation of bitcoins.


I hope this further explanation helps.



By the way, even though I am describing a lot of dynamics, sometimes, trades may occur frequently during a day, but sometimes, it may take several days before any trades are executed.  Furthermore, a person should also have the ability to set target trade amounts at further out intervals, if s/he wants to be relieved of trading for a while... and accordingly trade on bigger price swings.
25814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 12:10:31 AM
-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

Stop lying and spreading lies. People like you have totally poisoned the debate to take it out of the realm of technical into the personal attacks, smears and political, which of course was your disgusting intention all along.

There is no "single company stonewalling a simple upgrade to tx capacity" that is a blatant lie.

If lies are all you have left to try and scare some plebes into supporting a coup to a centralised development model then you are delusional and lying to yourself also. Bitcoin Core development has many different parties contributing code, review, analysis, testing and research (NB: decentralised already)... AND they all agree to the way forward. Bigger blocks will come when they are needed, when we have widespread functioning fee selection and replacement s/ware in wallets (in case it is needed and for future-proofing), and the low-risk beneficial algorithmic capacity increases have been implemented .... just not tonight dear (as someone said).


Wow.... better said than me.   I personally don't feel like I have any real vested stake in either outcome, but I do become a bit worried when i get the sense that some individuals are seeming to create a sense of urgency, and to forcefully and emotionally argue that something needs to be done right away... because there is a fire... blah, blah, blah... these kinds of tactics make me a bit more skeptical about the push for change and the apparent attempts at justifying such immediate changes.
25815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 25, 2016, 12:06:07 AM
-snip- 
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.


Yeah, right....... ... defend mmitech, you little puss....

Certainly, your above post is not getting very much into any meaningful substantive discussion, and here, you do not appear to be attempting to engage in any meaningful dialogue.

The one sliver of substance in your response does seem to suggest that I am somehow taking some kind of side in the internal squabblings of the current bitcoin controversy.  I'm not too attached to any one side except for some of my previous leanings have been towards building on the status quo... and resistance towards implementations of contentious forks. 

In this regard, you seem to be very invested in one side ... maybe against core... or otherwise you are coming off as becoming extremely emotionally attached to be against core for no real good reason.. except that you seem inclined towards getting caught up in personalities, which seems a bit petty to me.

I think that part of my previous point was that even with some of the current internal squabblings within bitcoin, it remains a much more dynamic and broader group of influencers pushing bitcoin in various directions, as compared with the apparent smallness of Ethereum.. and some of that actuality seems to be reflected in Bitcoin's larger market cap, and another aspect relates to bitcoin having had gone through a bit longer history and having had become a bit more robust by enduring in a variety of already suffered historical attacks. 


I don't claim to be any kind of expert in anything, but frequently, i can identify various bullshit presentations, including mmitech and some of his current and historical posts, and in that regard, my response is meant to provide my opinion at the moment and in response... and regarding your emotional post, I don't have any problem with you disagreeing with my opinion to the extent that you are able to emotionally refrain from seemingly uncontrolled outbursts.. which hopefully you will be able to do.... if not, I will just attempt to put up with it... .and respond to the extent that it may seem fitting....   Roll Eyes Roll Eyes
25816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2016, 10:17:03 PM

With a large amount of financial institutions running blockchains or now implementing them, does this not prove the bitcoin blockchain is a success.

the only reason to implement a technology your competitor invented is because it works

With a large amount of companies running social media networks or now implementing them, does this not prove the myspace social network is a success.(?)

the only reason to implement a technology your competitor invented is because it works

[inb4 but mah sensorship free digital hodling gold store of value for captains of industry]


I know people like to use myspace to emphasize a certain point about inadequacies with first mover advantages by itself, but the myspace analogy remains a bit inept because there is more to first mover advantage besides the number of users.... and something about bitcoin does not quite fit that attempted analogy.

Surely, we will see how the bitcoin experiment plays out in the near term (and it seems far from dead as Hearn and like naysayers have been recently asserting), and bitcoin is a long way from having any serious contenders for the trusted first place slot... and if some people are describing ethereum, at this point, as a serious contender to bitcoin because of its moving up in the marketcap ranks, we certainly need to see how that seemingly current phenomenon plays out...

Ethereum has been pumped quite a bit recently, but they have already in their short history experienced considerable centralization type problems and also problems with how they employed their crowd sourcing proceeds from last year...   Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.
25817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2016, 06:35:11 PM
We wont give our costumers what they need
Your customers need free money. No doubt about that.

...especially with other better and efficient services raising... this really seems like a smart move.
Yes, it is a smart move. Get rid of such customers! Let them go to and ruin the other 'efficient services'.
If it is the only type of customers you have then you don't offer value in your service and you should change your business!

Read my previous comment, you really fail to understand the issue here, it is not about free or cheap transactions (although this is how we always advertised bitcoin) but it is about Block size, 90% of transactions in the queue have a valid paid fees. but there is no space to include them.

However, If you want me to pay $1 fee for a $20 worth of goods/services then I am telling you that Bitcoin is for sure failing.


I don't know what the fuck you are doing back and hanging out here and spreading your additional FUD regarding the perils and death of bitcoin?

Didn't you cash out of your total bitcoins about a year and a half ago, and you were proclaiming the same bullshit and then wouldn't leave the forum in order to keep rubbing in about how right you were about bitcoin going to zero, etc...etc. etc....

Why don't you go off and enjoy your bitcoin free life?  What you need to be hanging around this thread and telling bitcoin investors that bitcoin is dying, when you really are just making things up for some seemingly malicious intermeddling purpose.

I thought you were in my ignore list, I think it is time to revisit it... yea, but if you are curious: I am a developer and I develop services around crypto, besides, any developer can have an opinion about the Bitcoin block size issue...


BTW: it is not your problem how I do spend my precious time, instead of attacking my person you can argue my points (not that I think you understand a single thing about the technical side of Bitcoin)


Edit1: BTW, don't bother responding to this, you are already back to my ignore list, a troll with an inflated ego is what you are.

Edit2: I never left, I just stopped speculating, I had/have full hands with work on actual development.

sounds like you are here to help to save us from ourselves... and so we will be experiencing more of your bullshit that selectively picks the facts you want to discuss all of the negative aspects of bitcoin... great... we have some additional trolling to look forward to...  Roll Eyes Roll Eyes   Tongue
25818  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 24, 2016, 06:03:58 PM
my methods of growing my bitcoin are get maximum payment from signature campaign. and also stay away from investing on hyip, and also stay away from gambling.

I guess you got nice strategy to safe guard your bitcoins. Because, along with growing bitcoin ambitions, we must concentrate of securing our bitcoins. Avoiding HYIP and gambling are definitely will save your bitcoins but only signature campaign is not enough to grow your bitcoins.
With a signature campaign in my opinion is enough to regenerate bitcoin but not fast and takes a long process. If you want to increase and accelerate growth is to create two signature campaign or also by selling services such as creating a logo, it would increase the income bitcoin to be growing.

working in more than signature campaign consume a lot of time and effort, unless you spam threads, so you risk being kicked out from the campaign and even blocked from this forum, so it's not as easy as you imagine


Yep, a lot of work for maybe $10 or $15 a week... but once you are in one, and if you are just posting regularly (as you would anyhow), you don't really have to do any additional work, so the whole participation becomes a form of additional fairly passive income to add to obtaining "free" bitcoins....

Although from time to time some people will judge you negatively by participating in a signature campaign
25819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2016, 05:59:49 PM
We wont give our costumers what they need
Your customers need free money. No doubt about that.

...especially with other better and efficient services raising... this really seems like a smart move.
Yes, it is a smart move. Get rid of such customers! Let them go to and ruin the other 'efficient services'.
If it is the only type of customers you have then you don't offer value in your service and you should change your business!

Read my previous comment, you really fail to understand the issue here, it is not about free or cheap transactions (although this is how we always advertised bitcoin) but it is about Block size, 90% of transactions in the queue have a valid paid fees. but there is no space to include them.

However, If you want me to pay $1 fee for a $20 worth of goods/services then I am telling you that Bitcoin is for sure failing.


I don't know what the fuck you are doing back and hanging out here and spreading your additional FUD regarding the perils and death of bitcoin?

Didn't you cash out of your total bitcoins about a year and a half ago, and you were proclaiming the same bullshit and then wouldn't leave the forum in order to keep rubbing in about how right you were about bitcoin going to zero, etc...etc. etc....

Why don't you go off and enjoy your bitcoin free life?  What you need to be hanging around this thread and telling bitcoin investors that bitcoin is dying, when you really are just making things up for some seemingly malicious intermeddling purpose.
25820  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 24, 2016, 05:44:40 PM
I suggest investing on some legit and trusted bitcoin doubler websites. You can find some in this forum which you can trust because many of the users are being paid by them here.

Aren't all of these Bitcoin doubling websites scam? I mean people should have known by now unless there is any form of return for these websites they just can't double your Bitcoins for you out of thin air.

try to join doubler bitcoin site as early as they launch , if you get lucky try hit and run strategy ,after deposit and get profit don't deposit again because thats too risky.
If you are risk taker person, Bitcoin doubler ponzi scam might be good for you. But it is not recommended, TBH.
IIRC, there is a ponzi that scam right away after they launched. So, be careful with them.

Still my methods to grow my bitcoin is doing a freelance job, contractual and part time job that pays me in bitcoin and my favorite online method, bitcoin trading.
me too, my favorite method is bitcoin trading.  love trading BTC Grin 

That's nice. Look like you are in bitcoin trading for a long time and just hiding in that newbie account. Smiley

Where do you place your trades? Maybe we can share some useful ideas and tips too.

I second the motion. I would really love too here that too. Been here around but havent seen anyone telling where they trade, some just dont want their secrets revealed.
I doubt anyone is willing to reveal their trading strategies if their strategies is profitable for them.


My BTC trading strategies are generally profitable, and I do not mind sharing some of my general btc trading strategies; however, ultimately, each person needs to gain experience by practice and by building up his/her trading positions. 

If you do not want to trade BTC by pure luck, which is a form of gambling, and you want to have some fairly certain long term profits, then you place your bets in ways that are more secure and the profits are smaller and you work on locking in your profits slowly and in small increments and in this practice there is no free lunch, even though once you take some of your btc trade positions, you may witness very large price movements in one direction or another that you are already in an established position to take advantage of such large price movements and accordingly to take larger than expected profits because of that large price movement. 

Ultimately, the idea is to attempt to trade btc securely and with profits and continuously build staggered trade positions on both the buying and selling sides and to have those positions be small and profitable all the way up and down the line. 

In this regard, you do not attempt to predict the price and you buy BTC on the way down and sell on the way up.

This BTC trading strategy will work with any amount of total BTC holdings, and the more capital that you have to employ towards the systematic approach, then the greater the potential profits, but even if you start out with smaller amounts than those amounts described herein, the number of BTC and dollars in your trading portfolio can be built and expanded over time and sticking with the same trading strategy described herein will likely build and expand the number of your coins ... as you are learning from your BTC trading practices and watching the BTC trading market.

Let's say hypothetically that over the years, you have accumulated 20 bitcoins into your trading portfolio (currently that is worth about $8,000), and maybe you have about $2,000 in cash... So for round numbers and argument sake you have a total value of $10,000 in your btc trading portfolio (yes the same principles would apply whether you have a total portfolio of $100 or a total of $1 million as well).

Accordingly,  .... With your current position and allocation of 20 btc which quantities will change with your taking new positions, each time BTC prices go up by $1, you have approximately $20 of profit on paper. More or less, with a BTC  price of around $400, I personally set my trade authorizations in either $5 or $10 price increments depending on my anticipation of the speed of the BTC price movements and whether I believe that the price is going to change from going in one direction towards the opposite direction. 

Even though I hold varying expectations that the short term BTC price will move in one direction or another, I don't attempt to predict with any certainty regarding those short term btc price directions, and I just hope that over the long term BTC  prices will be going up and my trading strategies are thus designed to continue to accumulate more BTC and don't necessarily require the adding of additional dollars towards building more bitcoins.

Even though I may trade in $5 or $10 increments, it may take a bit of time before the BTC price comes to my next move.  In that regard, I do not force anything, and I let the price come to my position.. and if I feel I am overleveraged in one direction or another mostly caused by a continuous and unexpected price movement in one direction, I may change those positions a little bit in order to employ either a buy or a sell... and then to thereafter reassess the various staggered bets on each side of the current price.

Frequently there can be a run of the BTC price in one direction or another (and if that happens, then I usually choose to adjust the amounts that I am either buying or selling to account for the unexpected continued price movement in that one direction), and  even though I am staggering my bets in $5 or $10 increments from time to time there could also develop more  than a $30 gap in my next buy or sell price.... Which could cause a considerable wait until I exercise my next buy or sell (in bitcoinland, such a wait could last several hours or even several weeks). When the wait is long, I may reassess my position, and decide to trade smaller amounts within the respective broad gap in order to force my trading to become more active again within the ongoing narrow price range.


So let me try to illustrate with the example of your holding 20BTC and $2,000 cash... And a BTC price of around $400.

 if you were to have 20 BTC and bitcoin prices go up $10, then you have $200 profits on paper, and maybe you could feel comfortable selling up to 30% of those profits ($67) in order to prepare to buy back BTC at a lower price.... and I personally would round down my authorized amount to keep some in reserve and with round numbers  to keep it easier for me to track. So if the price moves upwards and  you sell $60 at $400, you would be authorized to sell another $60 at $410 or alternatively $30 at $405.. and keep staggering your sales with the upward movement of the price.. and if the price seems to be moving upwardly fast, you may choose to wait until $430 before you execute a sale and sell your whole authorized $180 at $430-ish ($60 x 3).  If the price keeps going up, you keep selling within the authorized amounts, and you prepare yourself for buying back when btc prices reverse. If they do not reverse in the short term, you do not panic, you just keep employing your strategy and from time to time reassess your total holdings and there exists any need to tweak your strategy.

The same principles apply for buying back as the price goes down. 

But sticking with the original hypothetical of a $10 upwards price movement, if I sold $60 at $410, for example, then I may authorize myself to buy back in increments of $5 or $10, so possibly, I would plan to buy $20 at $402, $20 at $397 and $20 at $392.  In this example profits of each trade may not be big, but with the price swings of the market, some orders will begin to cluster and result in higher profits, and also you need to consider that when you do buy low and sell high, the profits are locked in as soon as you buy back and if you want you can continue to trade btc back and forth with the same money within a range that may constitute additional profits if the price does get  stuck within a fairly narrow range that happens to repeatedly hit your buy and sell points.

Ultimately, you need to play your allocation of your trades and the amounts by ear and don't over allocate in one direction or another. Accordingly, if you plan and prepare ahead, you will likely continue to accumulate BTC and which will likely cause you to set limits in how much you are authorizing yourself to buy and sell btc  based on your total holdings of BTC and cash in your trading portfolio...


Furthermore, regarding the potential for downward price movement, with the above hypothetical, with your $2,000 in your BTC trading reserves, you may want to consider how far you expect BTC prices could drop... Let's say for example, in the current market, you calculate less than a 5% chance that BTC prices will drop below $250 in the next several months. Therefore, you may chose to stagger to use about 80% of your $2,000 to buy at downward increments of about $120 in $10 increments down from $380 to $250.    Then you would still have approximately $400 left in your reserves in what you are calculating to be a fairly unlikely event. On the other hand, if you view probabilities differently (either more bearish or more bullish) then you would allocate in accordance with your view of probabilities while at the same time attempting to be realistic enough in your assessment in order to have reserve resources no matter the price direction and even if what you believe to be unlikely occurs.

Of course, you have to tweak these numbers as your portfolio changes in it's reserves of both bitcoins and dollars, and as your expectations may change from time to time, too, but in the end, you want to be prepared for the price to move in either direction, and you prepare for both short and long term.

This whole trading strategy  may sound a bit complicated, but it employs basic principles of staggering bets and buying low and selling high. 

more or less, I am doing something like my above outlined strategy to trade BTC with up to about 30% of the profits when BTC prices  go up  but I am also preserving my BTC holdings by setting my trade limits within a portion of my profits and accordingly, my comfort level of how much I am willing to sell goes up as the price goes up.. but no matter what the total amount of Bitcoin that I trade continues to stay within 30% of my profit boundaries to preserve a significant level of my principle holdings.

With my current trading method, I continue to accumulate more BTC and to bring down my average cost per BTC... while really only selling  (or trading with) a small percentage of my total BTC holdings.  In this regard, it seems that I am selling less than 1% of my BTC holdings within any one trade or cumulatively selling less than 10% over a string of 10 or more trades because usually, the price does NOT move in one direction for more than 10 trades.. .and if it does, then I consider ways to use either the BTC or the dollars in order to reassess my situation and to still be able to invest that money to close some of the earlier taken positions that have been long left behind by BTC's  price movement.
Nice method. But, isn't it the same as buy low, sell high? Tongue


Sure, Like I already mentioned, I am employing buys and sales of low and high respectively.

However, I am providing a lot more suggestions regarding actual implementation strategies.

You asserted that people won't share their btc trading  strategies, but are you looking for more secrets than I provided?  I'm not holding back, and this works very well.

Do you expect a quicker and better way to get rich from trading?  Surely, people will have some secret tricks (including yours truly) , but the little tricks can be discovered on your own, but you gotta really employ some foundational variation of the basics first, and that's the bread and butter of the profits and allowing any secret additional tricks to work, if they exist.

If you employ some detailed variation of what I'm suggesting above then you will likely be in a better position to get lucky from time to time too, rather than simply employing some vague and non-specific  notion of "buying low, selling high."  The devil is in the details, as they say.  Wink

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