I believe that I get what you are saying here; however how do you know when to get back in?  Are you getting back in, at some point?  $440-ish?  or lower?  and let's say we get to $440ish, then rally but bull trap?  you go based on volume to figure out whether it is a true rally?  it is just so hard to tell if there is a whale or two who seem to be selling at a loss, just to drive down prices.  You cannot be sure about when that whale is going to change strategies.

I though that some exchanges already talked about moving out of china... like to hong kong ?  or was that just rumors?  and really moving would NOT necessarily solve the china issue for customers in china.. .. just would allow the exchange to keep operating from its new location.

I agree that some of the recent ideas about the side chain (s) are very interesting and promising for bitcoin to be able to acquire and/or coopt nearly any and all of the features of competitive cryptos.

What i received was kind of like that...

It seems that you, post comic, are going to have to engage Jorge sufficiently, in order to become a lucky recipient (if you want to call it luck). 

I found it to just be a continuation of the same thing that I had been accusing him.. non-responsive to my concerns about his intentionally spreading misinformation here.  Probably, we should NOT be calling him professor b/c that gives way too much credence to him and many of his non-sense posts...

I will concede that sometimes there may be some good information contained in his posts, but frequently there is a hell-of-a-lot of misinformation or poorly spun information contained therein.

I just don't like to click on links.... but sometimes the links are in the public forum.. so if there are links in the public threads, then sometimes I will click on those links if they seem like they may be relevant to the topic that is being discussed.   

Also, Jorge ended up sending me the PNG within a second PM.. without the link... so I am NOT sure.

Personally, I actually think that this forum is way too liberal with trolls, and whether various kinds of conduct is worthy of banning, I do NOT know very much about that.... b/c sometimes members get pretty outrageous in their posts.  Surely, I like to swear sometimes, but mostly just to emphasize a point.. not usually directed at anybody... but every once in a while, I will get irritated by someone and say something derogatory..

You may be correct - that engaging with him is a big waste of time.

I have been having a few battles with him regarding the contents of his posts, yet there were a few posts of his that caused me to consider matters a little bit differently (in other words I got some value out of them).  And, also, I had thought that it may be helpful to point out the deceptive aspects of the content of some of his posts, but that may be a big waste of time, too.

My dilemma is that I hate for some obvious misleading to go unchecked - even though it seems about half the posts in this thread are trolls or trollish in nature.

I think HDBuck is ignoring me, but YES, it does seem pretty immature for a supposed professor to be engaging in communications that seem like veiled threats.

Well, I will report.  I am NOT sure if I get it.  It appears to be an outside link to a PNG, but I do NOT click on outside links... especially if someone on a quasi-anonymous thread is threatening to give me a lesson that may cause me to disappear from the forum after I am accumulated over 1,100 posts.

So, anyhow, I am NOT sure about whether I got the meaning of the Exemplary lesson, b/c I could NOT tell what it is, exactly.  Sorry about that b/c I did intend to cooperate to the extent that cooperation was within my reasonable abilities, and I was hoping that the lesson was NOT going to be anything too bad.. or voodoo or anything like that. 

Seems like I have been threatened a few times in this quasi-anonymous forum.. funny that is... i mean strange that is.

    You are hilarious.. especially when I agree with you.  You have been less "hilarious" when we disagreed.. he he he.. whatever... 

I am glad you did NOT take my comment personally, b/c I did NOT mean it to be in any kind of judgmental way. I already understand that people have a variety of personalities and some styles will NOT easily fit some people.   Accordingly, each of us looks for, and hopefully finds the style(s) that works for him/her.

Personally, I would go crazy, if I were to employ a form of balls to the walls type investing.  I prefer incremental investments and continuous readjustments.  Though I am sure over the years my style has evolved somewhat.  Nonetheless, I have always been somewhat of a saver... yet I have quite a few friends who are NOT of that personality type. 

Actually, probably the majority of people have pretty loose savings plans (whether rich or poor), and certainly, the ones with the larger paychecks can get away with more screw ups... but even well to do people can get into a pickle if they overextend themselves into consuming way more than what is within their incomes.

You may want to consider a form of dollar cost averaging.  That's what i do.  You can tailor the dollar cost averaging to your budget. 

I had a similar situation to yours, in that I started with my research into bitcoin in November 2013, yet I had $30k that I could invest into bitcoin.  Accordingly, I decided to spread that $30k over 6 months, b/c I knew that BTC had just had a pretty large bullrun (at the end of November 2013).

Anyhow, my point is that you could budget as little as $50 a month for your investment, and it will add up over time.  Then you could invest daily, weekly, monthly or whatever increment is comfortable for you.  In the beginning you may want to front load a little bit.  So let's say you have $2,000 and then thereafter $50 per month.  You determine your strategy, but you may say that you want to invest the whole $2000 right away (which I would NOT do, but to each his own), or you may say that you would strategically invest $500 for each of the first two weeks, and then you would invest $250 per week for each of the four weeks after that and then go to your $50 per month plan... or you could figure out something more active.  I did daily purchases for my first three weeks or something like that.

Surely, you seem more eager than planning out a strategy, but once you figure out the variety of your expenses, then you should NOT feel compelled to leverage (or borrow money) in order to invest.  Leveraging is more of an advance player's move who is really familiar and confident in his/her ability to make the money back b/c of experience in having had done it repeated times and having a back up position in case the leverage does NOT pay off. 

Anyhow, my point is once you build up various systems of investing, then you build up a nest egg.. and maybe one or two or five years down the road, you can transfer that nest egg into something that is really ground floor and where you have built up your capital (that is how I had gotten my $30k that i had available to invest into btc in the end of 2013 and that was NOT my total available money, only the money that I had consciously allocated for crypto investing).

Thanks... for your responses.

I agree that you get even a bigger bonus out of your purchase of the item (the 7970) if you are able to multi-purpose it.

I agree with you that there can be a large number of variables, and some of the variables are 1) clearly and unambiguously connected, 2) likely connected, 3) likely not connected and 4) clearly NOT connected.

The mere fact that you may have NOT have seen any scintilla of evidence of a connection during your selected period of time, does NOT mean that the logical conclusion is that N(T) and P(T) are clearly NOT connected.  The explanation can be that there are larger overriding forces at play during that period of time that are interfering with the connection with N(T) and P(T). 

Great attempt to send this topic out on a wild goose chase, but neither of us have provided data to rebutt a claim of a connection or NOT; however, the claim sure as hell makes sense to me that if you get an increased number of users of bitcoin, then the price is likely going to go up with the increased number of users.  Even though wallets are NOT a direct measurement of users, it is a good enough approximation of there being an increase in the number of users... which will likely have a direct correlating positive effect on BTC prices (at least that seems to be the theory that Aminorex was postulating).













Again, you seem to be striving to take this on some wild goose chase by making some extreme example....  However, your extreme example seems to work against you and to support my argument about what you are doing by your time selectivity.

 Let me see if I can use the same example to help to clarify the point.

You are correct that if we compare the USA economy over 600 years to the last 6 months in order to make some kind of a point, then that point is going to be lost b/c a lot has gone on in 600 years that may or may NOT be helpful.

I am merely telling you that it is NOT a good idea to continue to begin from the top of the bubble to make your repetitive points.  I think that you are doing it on purpose in order to communicate about jibberish... and maybe I should NOT be entertaining you (or as they say feeding the trolls).  Certainly, you seem smart enough to know better and to pick some more meaningful time period, instead of trying to exaggerate to the max... when you exaggerate to the max, then you lose any sense of credibility or objectivity in my reading.. and you are also distracting and confusing others who may NOT realize the extent of your selectivity in making your supposedly academic points.  I have NO idea about whether you are really a professor, like you claim to be, yet certainly, you seem to be doing much disservice to academics by projecting yourself as such in the bitcoin sphere... you frequently take the posters in this thread away from actual facts with your skewed and seemingly disingenuous spins that are subtle enough to sometimes miss b/c frequently, your presentations are packaged with a decent and comprehensive organization.. with good English...

I would imagine if you really are a professor in Brazil, then you teach in portuguese, not in english.. so how come your english is so good?










First of all.. why did you edit out some of the text of my earlier post?

Second: I do NOT know what you mean by Exemplary lesson.

Third:  You are correct that I am frustrated by the ongoing downtrend in BTC prices since December, but my frustration about BTC prices downtrending is NOT a motivation for me to comment upon your post(s).  Overall, I feel pretty comfortable that my investment strategy is going to pay off fairly lucratively - even though I am putting more time into monitoring and tweaking my investment plan b/c of the various aspects of the BTC price performance since December 2013.  You know that in the end, my time will likely pay off pretty well too.. b/c I have accumulated way more bitcoins than I had expected that I would be able to accumulate... ... anyhow, time will tell about my bitcoin investment, and I am NOT too worried yet.. even though I remain a bit frustrated.. as you mentioned.

The rest of your content here.. is merely humor that is seemly directed at my expense.  I did find it quite a bit funny, even though irrelevant, and NOT really applicable to me, but still fairly artfully presented... so yes, made me chuckle a little bit at getting some misdirected attention.      

I agree.  That is one piece of sound advice, artfully expressed.

There are so many alts to chose from.

Each person has to chose their own comfort level in how diversified to be.  My portfolio is less than 10% in Crypto - however, if the price goes up, then I am going to allow my percentage to increase to 30 or 40% of my total investment(s).  I will reassess, my comfort level, ; however, Part of the reason that I invested in bitcoin was to diversify out of the dollar (b/c my other investments are largely, to my knowledge, tied to the success or failure of the dollar). 

From the crypto portion of my investments - less than 5% of that is invested into alts, and since there are so many alts... I am considering largely abandoning them (actually I am invested in small amounts of the 7 alts that are listed through BTC e).

Personally, I would suggest having an investment portfolio in your comfort zone... and to be sufficiently diversified so that you do NOT become desperate or overly stressed if one or more of your investments crash to zero or near zero in value.

Thanks... Yes, the devil is in the details.. it is not the size of the boat, its the motion of the ocean.. or whatever other factors concerning how the 7970s were used and then whether the proceeds were spent right away or saved.... Shmadz does NOT strike me as the saving type, but possibly he is?

Double confirmed.  Although, I frequently find it quite hilarious to read any post that "advises" NOT to take "any advice" from this forum.  

From what little I know, it is almost NEVER a good thing to be desperate or in a hurry when making any kind of investment, whether long or short-term..

However, I am sure that it works for the rare lucky individual(s)... but it is NOT really a reliable and/or repeatable style....

And, even if that whimsical method is your style, you ultimately, need to be lucky in your picks... with volatile assets, and alts seem to be much more volatile than bitcoin... well in any event, it seems that you need to do your own homework b/c chances are also pretty slim that anyone on a quasi-public forum is going to give you reliable information..... .though you are likely looking for leads in which you can get in on the ground floor for a quick buck...

Fuck..... You know Aminorex was talking about long term, and then you, Jorge, are talking about from December 2013 to February 2014...   You could even selectively pick any time between December 2013 and present and find various anomalies.

This is a repeated SPIN theme with you to selectively pick from December 2013 (the top of the price) in order to supposedly illustrate some higher point.  That is hardly academic, random or objective...   YOUR working with the "facts", in fact, ridiculous and misleading for you to attempt to make your point(s) about the supposed downfall of bitcoin by selectively choosing your comparison reference points.

7970 is a kind of mining rig, correct?  If so, did it pay for itself, and for how long were you able to use it?  Did you have to retire it?  Were you able to sell it to recoup some money, too?