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41  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2018, 12:41:19 AM
The average alt-right is an angry, unemployed, single white male. Mostly they are just losers.  So a bit hard for them to have polyamorous relationships when they are incapable of having any relationship.
We need negative merits. Or just plus and minus buttons.


Actually, I thought that the idea of negative merits would be a bad thing; however, after reading your post, I just had an "ah ha moment." 

If there were negative merits, you would need to feel so strongly about giving the negative merit that if you gave someone a negative merit, then it would remove 5 merits from your regular merits in order to give the one negative merit to the other person  - then members would only employ such possible negative merit feature sparingly and after some considerable thought.

Excellent notion.
42  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 18, 2018, 11:31:09 PM
lines on graphs.

Ahem. I remember those.

 Me too and they are looking very nice going forward.


And now, back to our regularly scheduled program...

Inverted head and shoulders forming?
43  Bitcoin / Bitcoin Discussion / Re: Why people attract for the BitCoin than other crypto currency? on: February 13, 2018, 04:41:01 AM
Simple  because  bitcoin has the  highest  value among other crypto currencies  we have in the  market.  More  popular than other  cyrpto currency.

Depends how you define 'value'.  So if you just look at total market cap, Ripple is actually a similar size. Perhaps people are just captivated by the high Nominal Value. $8000 for BTC sounds like more than $0.70 for XRP / Ripple.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you actually understand Ethereum? on: February 13, 2018, 04:06:23 AM
If you are a long term holder of a coin you can do a background research about the coin and know what it is created and if it is worth your investment. But if you are a day trader Do You Really Need That? I don't think so, if you know how fast markets move by the time you will spend time and research and come back a position might be closed for you to enter. So in my own opinion, Day traders doesn't need research about the coin rather they should research upcoming news about the coin.

Agreed. If you are "investing" for a long hold, then it's essential to understand what the unique attributes of your coin are.

But for day trading, why even do it in cryptos? The standard markets (SP500, forex, futures) are much more liquid and efficient for that. If you don't care about the underlying, then just open a futures account at a brokerage and day trade those.
45  Economy / Speculation / Re: Bitcoin price - is it a "W" or a breakthrough? on: February 13, 2018, 03:58:23 AM
Hopefully it will be a "W" this time since the bloodbath that last for a couple of weeks. Bitcoin is start recovering and yes, glory to those who buy the dip at about 6,000$ and that's already a "Win-Win" situation considering Bitcoin's price at 8,000$ today.

No double-bottom "W' yet. The best you can hope for in recent price action is an inverted Head-and-Shoulders. But personally I give that low odds.
46  Bitcoin / Bitcoin Discussion / Re: Some of my friends still think Bitcoin is scam and Ponzi on: February 13, 2018, 03:51:21 AM
It doesn't help when the mainstream media is fanning those flames. Even a respected news org like The Economist is still publishing articles that have lines like: "Bitcoin has become a combination of a bubble, a Ponzi scheme and an environmental disaster". In fairness, they are quoting someone else, but they also don't provide any counter-arguments to it.

https://www.economist.com/news/finance-and-economics/21736556-indeed-crypto-plunges-make-other-asset-prices-look-tame-bitcoin-and-its-rivals
47  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 03:33:46 AM

Jabba the Hutt!
48  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 03:14:10 AM
Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news  Cheesy  So it's kind of a catch-all.

Lolz!  Grin
49  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 03:07:45 AM
Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?
50  Economy / Economics / Re: why bitcoin is banned by the government on: February 13, 2018, 02:56:41 AM
I think it is forbidden because it loses a lot of government taxes. In addition, it involves illegal activities such as money laundering and corruption. So I think that's why it's banned by the government

Bitcoin banned in some other countries because they could not benefits the tax of its xchanges market,and its decentralized they cannot controlled the platform market caps,and mostly they thinks that bitcoin is fraud or ponzi,that can turn into people of lossing there investment.

Actually, it's rather easy for a government to tax crypto. That's exactly what South Korea just did.
51  Economy / Economics / Re: why bitcoin is banned by the government on: February 13, 2018, 02:49:34 AM
The government doesn't want to have an distraction for their leadership in their country because if they will let a currency that is decentralized to take over their country then they will be on a risky situation because the people will not use the fiat more often and they will just depend on the decentralized things which will make the government powerless.

Bitcoin doesn't necessary threaten the government's power. But it does allow circumvention of currency controls. (Hence the concern by China.)
52  Economy / Gambling discussion / Re: Whats your favorite game? on: February 13, 2018, 02:42:28 AM
Craps!!  It's a statistical loser, just like all other casino games. But with a group of friends, it can be a blast!
53  Bitcoin / Bitcoin Discussion / Re: Can we survive without Bitcoin? on: February 13, 2018, 02:10:12 AM
Definitely. Bitcoin has that name cache. But the reality is, it has lots of scaleability issues that other coins have solved. That's not to fault Bitcoin at all! It's just the natural evolution of a technology to v 2.0 and v 3.0. Crypto and blockchain are here to stay.
54  Bitcoin / Bitcoin Discussion / Re: KFC now accepts Bitcoin! on: February 13, 2018, 01:49:35 AM
Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!

Is this just a bucket of chicken, or a bucket of publicity stunts?

You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you.

Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees


What do you guys think about it?


Definitely not serious. Average transaction fees for Bitcoin over the last month have been $10 - $15. So you are going to buy $20 in chicken and then pay another $15 in transaction fees?? I think not.
55  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2018, 01:21:55 AM
The chart I posted shows almost 4x more people are borrowing to bet that BTC will go up compared to people borrowing to bet that the price will go down.

I use this as a measure of sentiment and view it as bullish. But it can also go badly wrong. If the bears can fight against the tide and force the price downwards, they could start a cascade which would force the bulls out of their positions at a loss and trigger a massive price spike downwards.   

Elwar brings up a good point, in that the exchange where this data is drawn from (BfX) is forcing corporate accounts to close. Corporate accounts tend to be short bitcoin.  So this could just mean the underlying mix of players is changing with no change in sentiment. Hard to evaluate without further information.

That may be true, but compare that to a typical stock. The number of short investors is actually never *greater* than 25%. So by that measure, 25% betting that the price of BTC will go down is actually extremely bearish.
56  Economy / Economics / Re: Bitcoin or gold? on: February 13, 2018, 01:03:10 AM
There was talk of Bitcoin being the next Gold (meaning both were safe havens). With the recent drop in the markets, that didn't prove to be correct. Bitcoin dropped with stocks and didn't rise with Gold.
57  Economy / Speculation / Re: Is 2018 the downfall of bitcoin? on: February 12, 2018, 06:29:56 PM
There have been bigger price drops before (if you look at a percentage basis).
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