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4721  Economy / Speculation / Re: Wouldn't it be nice... (the LazyWhale algorithm) on: October 21, 2014, 05:13:22 PM

"Despite the positive evidence on the profitability of technical trading strategies, it appears that most empirical studies are subject to various problems in their testing procedures, e.g., data snooping, ex post selection of trading rules or search technologies, and difficulties in estimation of risk and transaction costs. Future research must address these deficiencies in testing in order to provide conclusive evidence on the profitability of technical trading strategies."

TL;DR:


Lol, BTCtrader71 beat me to it Cheesy
4722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 03:27:06 PM
Prediction: W3C web payments group meeting in Santa Clara 27-31 October will take up integration of bitcoin payments Apple Pay into W3C global standards.

November is going to be a very good month for crypto Apple Pay.

FTFY

4723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 03:18:09 PM
@the ApplePay brigade - 

what does ApplePay do that my contactless debitcard doesn't?

Besides shout mug me I have an iphone 6plus?

It gives you clout amongst ur peers, separates you from the hoi polloi, and makes you attractive to the opposite sex.
4724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 03:06:26 PM
...tock market and the slow but steady rise is really more of a ponzi scheme than anything else right now.

Unlike this ponzi, which is in a steady decline Cheesy

Protip:  If you must "invest" in an illusion, chose the one most people believe in.

Be a leader, not a follower.

Ridiculous advice.  Every sheep on this forum is trying to lead.  Laughter ensues.
4725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 02:40:50 PM

Hmm...Let's just assume Apple gets 1% per Transaction...that means 60.000$ transactions / year gets them about the same money as an iphone...i don't know anyone who spends 5k / year with credit card...

You don't know anyone who spends 5k a year with CC?  Nice to meet you Smiley
*And that's assuming that an iPhone costs $600 to make (false), and that it will be tossed in a year (false).
And that it couldn't be offered via subscription (false).
Cool

in austria most people don't give a shit about credit cards anyway...just for online purchases at max... i never had a cc in my whole life...never needed one

here the iphone 6 costs about 800€ without subscription

with subscription it is from 0€ and 75€ per month to 600€ and 10€ per month

the usual iphone buyer gets a new one at least every second year (at least every iphone user i know of)

it has production costs of about 200$

Don't forget that you are comparing a plastic shopping bag (bitcoin) to a Gucci Crocodile Tote (iProduct).
Convince your GF she'll be just as happy walking around with a shopping bag--then you'll have a point.

4726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 02:33:24 PM
Oh god, bitstamp is down
...

Where is your God now?

4727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 02:25:11 PM
apple pay is only available on apple products right?

the products that even most rich westerners finance because they can't blow $600 on a phone

yeah thats gonna take over the world where global average income is like $200 a month lol

Don't be ridiculous.  If Apple Pay takes off, the phones will be free!  Do CC companies charge you for the plastic/chip/magstrip that is your CC?
Cool

@findftp: Trusted fiat + exciting, convenient wrapper = pure win!

one is a 20 cent piece of plastic the other a 600 dollar phone. rdiculous comparison

Do you really think an iPhone costs $600 to make?  Do you know how much moolah Apple will make in fees over the lifespan of an iDevice?  Don't you think Apple could cludge together a crappy cheap iPhone Mini for the poor people?

Hmm...Let's just assume Apple gets 1% per Transaction...that means 60.000$ transactions / year gets them about the same money as an iphone...i don't know anyone who spends 5k / year with credit card...

You don't know anyone who spends 5k a year with CC?  Nice to meet you Smiley
*And that's assuming that an iPhone costs $600 to make (false), and that it will be tossed in a year (false).
And that it couldn't be offered via subscription (false).
Cool
4728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 02:12:18 PM
apple pay is only available on apple products right?

the products that even most rich westerners finance because they can't blow $600 on a phone

yeah thats gonna take over the world where global average income is like $200 a month lol

Don't be ridiculous.  If Apple Pay takes off, the phones will be free!  Do CC companies charge you for the plastic/chip/magstrip that is your CC?
Cool

@findftp: Trusted fiat + exciting, convenient wrapper = pure win!

one is a 20 cent piece of plastic the other a 600 dollar phone. rdiculous comparison

Do you really think an iPhone costs $600 to make?  Do you know how much moolah Apple will make in fees over the lifespan of an iDevice?  Don't you think Apple could cludge together a crappy cheap iPhone Mini for the poor people?
4729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 02:04:22 PM
apple pay is only available on apple products right?

the products that even most rich westerners finance because they can't blow $600 on a phone

yeah thats gonna take over the world where global average income is like $200 a month lol

Don't be ridiculous.  If Apple Pay takes off, the phones will be free!  Do CC companies charge you for the plastic/chip/magstrip that is your CC?
Cool

@findftp: Trusted fiat + exciting, convenient wrapper = pure win!

@touhonoob:  Does Google Wallet offer you a chance to flash your fashionable iProduct each time you pay?
Didn't think so.
4730  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 01:41:51 PM
I want to see trains.
Preferably with rockets mounted.
...

Will this do?



Edit:  Oh well...

4731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 11:57:26 AM
...tock market and the slow but steady rise is really more of a ponzi scheme than anything else right now.

Unlike this ponzi, which is in a steady decline Cheesy

Protip:  If you must "invest" in an illusion, chose the one most people believe in.
4732  Economy / Speculation / Re: US exchanges coming online on: October 21, 2014, 01:30:59 AM
<btc talk users bad, black market bad, btc full of scams negative spin>

No.  Here's what you're trying to respond to:

...
Much of the problem is there are tons of people who think BTC= silk road. Why? Because that is what the media runs with. This casts a dark light on BTC, and people think that the only people who are into it or using it are only doing so for illegal activities. You can thank the media for that.

You can also thank bitcointalk users claiming black market is one of the reasons Bitcoin will succeed.  You can also thank all of the scams (Bitconica, Pirateat40, WeEx, TraderFortress, NeoBee, etc., etc.).  There's plenty of thanks to go 'round.

Edit:


https://bitcointalk.org/index.php?topic=828540.0;viewResults

TL;DR:  The media agrees with the overwhelming majority of bitcointalk users.
The mental degeneracy and moral turpitude of said users is neither here nor there.

If I was ur middle school reading teacher, I would'a flunked u.

You'll love us or die.



  ~Your Beneficent Reptilian Overlords.
4733  Economy / Economics / Re: why do people agree to pay taxes? on: October 21, 2014, 01:14:50 AM
...
why should people leave America, how about the taxes leave America...

Lolno, U!

  ~Your Reptilian Overlords
4734  Economy / Economics / Re: When will the USA pay their debts, if ever? on: October 21, 2014, 12:57:10 AM
... The question is, has the US dug itself in too deep? I think probably...

Have you considered exactly what US "defaulting" on its debts would bring about?  Are you picturing debt collectors?  China choosing not to trade with us any more?
Taunting us on the interwebs perhaps?
4735  Economy / Economics / Re: When will the USA pay their debts, if ever? on: October 21, 2014, 12:42:50 AM
^Robert, "someone who owes the rest of the world 4.7 trillion USD" also has the power to print those self-same dollars, remember?  You told me that yourself, or another smart feller just like u did.  We don't "needs a loan of 40 billion every month," Robert.
We're a producer country, a manufacturing powerhouse.
We can print "40 billion every month" all by ourselves Cool

...
Learn to love us or die.



  ~Your Beneficent Reptilian Overlords.
4736  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 20, 2014, 06:50:41 PM
...
"Gold bugs" are also thought to be a little crazy in all popular media etc. This notion I assume is spread as a cheap way to apply downward pressure to metals in order to hide real inflation rates.

A fiendish conspiracy of mainstream press working in congress with my masters.

...
Learn to love us or die.



  ~Your Beneficent Reptilian Overlords.
4737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 20, 2014, 05:51:20 PM
The wall guy on Huobi seems to be having a good time.
4738  Economy / Economics / Re: When will the USA pay their debts, if ever? on: October 20, 2014, 03:20:52 PM
America is a rich man, if countries were people. China is nothing more than a labor slave for cheaply made everything. China will never come looking for repayment on our debt to them. Why would they, why would anyone? You must be aware that America does in fact rule the economic policy of the world.

someone who owes the rest of the world 4.7 trillion USD is not a rich man, hes a debt slave.
http://www.tradingeconomics.com/united-states/external-debt

are you seriously asking why would anyone come collecting the money they are owed?

America used to rule the economic policy of the world more than 30 years ago when it was the biggest creditor nation and the world owed it money for all the goods it exported to them.
America today is a debt slave of China.

You really don't understand how life works.  If I owe you a billion dollars and I'm stronger than you?  I got you by the balls, not the other way around Undecided

4739  Alternate cryptocurrencies / Altcoin Discussion / Re: Just a shout out to my fellow Bitcoiners on: October 20, 2014, 03:14:35 PM
...Most people even don't give a shit about cannabis. I personally strongly dislike cannabis and I think it's way overrated...

Mah nigga!  Absolute pleb-tier drug.

4740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 20, 2014, 01:37:07 PM
...
Looks like we are starting to get a stairs pattern, to me...

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