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5261  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2015, 11:28:31 PM
Is there a price movement correlation with density of troll posts in this thread?

The posts can be bulltroll or beartroll. Does complete saturation signal a top/bottom?




They usually go complete apeshit if there's a small drop, and go quiet when there is a big one. Sort of tells me they are trading trolls.
5262  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2015, 07:24:36 PM
Boring is good. It means stability, at least temporarily. Our function as day traders is to bring about exactly this outcome.

Go out and do something. We have accomplished what we needed to accomplish. Come back when the alarm on your smart phone apps tell you that we are needed again.

LOL

https://www.youtube.com/watch?v=BS8QAfSDwNE
5263  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2015, 08:25:51 AM
What the heck is going on with BTC? Who the hell is dumping 'em and why?

Chinese people. They poor.
5264  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2015, 08:07:12 AM
it's pretty loathsome behavior to hope for economic collapses -- with no regard for the lives it would destroy -- just so you can (maybe) make a few extra bucks off your BTC.

Either the Greeks suffer or all of Europe suffers. I prefer less suffering to more suffering so I don't see what's loathsome about that.



Oh spare me. Of all of you discussing it, I am confident you are the one who would give the least fucks about who suffers or how much as long as you think it will help you make a few extra bucks.

So nobody suffers under the current system, huh? I think some do.

Could the G8 come together and agree on no more money printing, no more government loaning, no more banker bailouts, no more corporate welfare, no more welfare state, no more taxpayer deposit guarantees? A soft landing? I think not.

In fact there is no option for a soft landing, and a reset sometime in the future is unavoidable. A crash would be painful, but continuing the current system, we can expect lower living standard, which mean freezing, hunger, sickness, war, AND a larger crash later.

So I think wishing for a crash as soon as possible is the most altruistic attitude.
(Not being altruistic myself, as I think it is a philosophy of death).



Do you realize that nothing you said applies to any statements you quoted from me?

My original point was about hoping for economic collapses in general, because you think it will make BTC price rise. It was not meant to be a commentary on the Greece situation, and I didn't accuse anyone in particular of anything except BJA. Judging his character by his posts that I've read, I stand by my opinion that his only interest in Greece is the possibility that he can line his pockets from the situation, but that's still not actually a commentary on the Greece situation. I'll leave the back and forth discussion of that to the resident armchair economists.

Pathetic. Your moralism is unethical. It brings death. Bring on the crash. Buy moar coins.



His "moralism" is only "unethical" in a utilitarian view where your perspective is assumed to be true. His "moralism" would be fairly in line with any Kantian or Aristotelian view, and if you are wrong it would be quite in line with most versions of consequentialism, except for, of course, the aforementioned utilitarian view.
5265  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 11:10:37 PM
AtTenTiOn ATteNtIOn:

http://new.livestream.com/spacex/events/3783845

TO TEH MOoN!

Now let's see if they can land that mofo
5266  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 10:57:02 PM
firefighters and kids discussing global economy and politics on bitcoin speculation forum is just hilarious.

I also find hilarious that someone is comparing putin to machiavelli. machiavelli wrote really nice plays and comedies...

putin is a kgb graduate. 

It's kind of like a shouting contest across a river.

But if the price doesn't move soon, we might actually solve all the problems in the world in this thread.
5267  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 10:22:30 PM
I'm curious what books/articles you'd recommend, if there are any.
The key is not specific books, but being immune to poison. With the immuinity, you can read everything. Without it, no source is safe for you.
Most of people have no immunity. For them the best solution is MYOB. That's because the closer is an area to your daily activity and experience, the harder it is to mislead you about it. When it's about your weekly paycheck, everybody is expert. When it's about your country's budget, everybody is fooled.

Having said this, I can say what sources I've personally have found less poisoned:

-About religion: Atheistic writings.
-About economics: Microeconomy. Macroeconomy is poisoned.
-About politics: Libertarian writings.
-About EU: S.N.Parkinson and his laws.
-About Putin: Machiavelli.
-About Ukraine: http://www.stopfake.org/en/

Why am I not surprised one iota by "Libertarian writings."

Anyway, so by "immune to poison" you mean "think critically about what you're reading." You could have just said that. Why do libertarians have to be so hyperbolic?
Because "think critically about what you're reading" isn't strong enough. At least, it doesn't seem to work in your case. Everybody thinks he thinks critically. While in fact, most of us just cherry-pick "confirmations" of our opinions and "critically" ignore refutations. So instead of fixing their world view distortions, such "critical thinking" is increasing them. That's why I've recommended MYOB.  And that's why "immune to poison" is better than "critical thinking". Everybody believes he is able to think critically, but few believe they immune to poisons.

LOL, the irony
5268  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 09:52:57 PM
I'm curious what books/articles you'd recommend, if there are any.
The key is not specific books, but being immune to poison. With the immuinity, you can read everything. Without it, no source is safe for you.
Most of people have no immunity. For them the best solution is MYOB. That's because the closer is an area to your daily activity and experience, the harder it is to mislead you about it. When it's about your weekly paycheck, everybody is expert. When it's about your country's budget, everybody is fooled.

Having said this, I can say what sources I've personally have found less poisoned:

-About religion: Atheistic writings.
-About economics: Microeconomy. Macroeconomy is poisoned.
-About politics: Libertarian writings.
-About EU: S.N.Parkinson and his laws.
-About Putin: Machiavelli.
-About Ukraine: http://www.stopfake.org/en/

Why am I not surprised one iota by "Libertarian writings."

Anyway, so by "immune to poison" you mean "think critically about what you're reading." You could have just said that. Why do libertarians have to be so hyperbolic?

Come on, even their name is hyperbolic. They are classical liberalists but they think liberal means socialist and socialist means fascist, so they call themselves libertarians and think that every copy and paste job sprinkled with some american dumbing down is somehow the nectar of their own brilliance.
5269  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 09:45:40 PM
what is your opinion on grexit? is it going to happen? will they let us leave eurozone? and if so, will this affect the price of bitcoin?

Nobody wants a grexit, not even Syriza. But something has to give soon, if Greece gets IMF on their side it might be difficult for the creditor nations to resist some kind of debt relief, but what form and what size is impossible to know right now.

Grexit will happen because there are three outcomes and grexit is the not the worst case scenario for either side. Possibilities:
1)Greek bank run with no bail-out leading to collapse of economy and government
2) Writedowns/write offs of Greek debt leading several other countries to re-negotiate austerity terms and massive losses to sovereign debt-holders.
3)  Grexit.

It's going to happen. The only real question is "when?"


the EU's new round of QE is a round of desperation. The problem seems to be that the greeks are publicly admitting they are bankrupt and they cannot pay their debt. If they continue the road they are on with austerities then the greek people will suffer for years and years and possibly even more years. If the greeks default then everyone holding their debt will lose. If the EU gives in to restructuring greek debt without austerities then other EU countries will want the same treatment. If the greek exit the EU then we will could start to see a stampede out of the EU by other countries facing the same problems. I think we are watching the start of the world economic crisis.



i am from Greece, and i can tell you that: it was wrong to enter euro zone back in 2000 because books have been cooked...stock market at that time if you remember went crazy and lot of people lost almost everything....after prime minister was saying in the news people play in the stockmarket...and after we entered the euro...this was a game they played and they played well...after that we had Olympic Games.. and after the US Crisis and today they named Greek Crisis and we all know it's not a crisis of Greece, after 5 years that they are "saving" us they putted us deeper into crisis and they continue... this will move to Italy, Spain and eventualy all over the Euro zone. You know we say here in Greece....if you hear bad things for your neighbour...wait yours soon.....

But even if we accept that WE MUST stay in euro zone and play this game.. do you know that German pays as we speak pensions for world crimes to a lot of people in Israel etc?Huh? and this in not past like they said about the loans that have to pay back to Greece... So they want us to pay more debts that 5 years now are getting bigger and bigger but the strong German country can make wars? destroy people and hole nations and not pay anything back??

sorry for my English i am not a native speaker but i think you can all read it easily.

What the Greece government did wrong was to enter the euro without changing their habit of wildly unrealistic budgets that were remedied by a devaluation of the Drachma. However I too am impressed by the lack of humility in Germany. There are worse sins than debt in their fairly recent history.
5270  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 09:22:30 PM

Having said this, I can say what sources I've personally have found less poisoned:

-About Putin: Machiavelli.

LOL, true dat.
5271  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 09:17:22 PM
If, however there is a grexit, some might decide to move their money into Bitcoin just make sure that neither the greek government nor the EU can get control over them.

Knowing little about this topic and giving significantly less fucks than any of you discussing it, I must say it makes it hard to take your (the collective) opinions seriously when you all say shit like this (although I never take BJA seriously, to be honest). To an outside observer, the question becomes are you knowledgeable, or are you falling victim to confirmation bias/trusting only certain sources because this is what you WANT to happen because it benefits you.

BTW, IMO it's pretty loathsome behavior to hope for economic collapses -- with no regard for the lives it would destroy -- just so you can (maybe) make a few extra bucks off your BTC.

I never said I hoped for this to happen. I never said it would be a significant percentage of the population who would do it either. But it might be noticeable in the Bitcoin economy in the short run. If Greece and the EU figures things out in such a way that we can have real growth in Europe, Bitcoin, as well as everything and everyone else, would be much better off. To think that Bitcoin would somehow grow to infinity when the rest of the world crumbles around us is just a retarded right-wing anarchist fantasy.
5272  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 09:04:27 PM
what is your opinion on grexit? is it going to happen? will they let us leave eurozone? and if so, will this affect the price of bitcoin?

Nobody wants a grexit, not even Syriza. But something has to give soon, if Greece gets IMF on their side it might be difficult for the creditor nations to resist some kind of debt relief, but what form and what size is impossible to know right now.

Grexit will happen because there are three outcomes and grexit is the not the worst case scenario for either side. Possibilities:
1)Greek bank run with no bail-out leading to collapse of economy and government
2) Writedowns/write offs of Greek debt leading several other countries to re-negotiate austerity terms and massive losses to sovereign debt-holders.
3)  Grexit.

It's going to happen. The only real question is "when?"


the EU's new round of QE is a round of desperation. The problem seems to be that the greeks are publicly admitting they are bankrupt and they cannot pay their debt. If they continue the road they are on with austerities then the greek people will suffer for years and years and possibly even more years. If the greeks default then everyone holding their debt will lose. If the EU gives in to restructuring greek debt without austerities then other EU countries will want the same treatment. If the greek exit the EU then we will could start to see a stampede out of the EU by other countries facing the same problems. I think we are watching the start of the world economic crisis.



If they "restructure" the debt of especially Greece and Portugal to a point where the debts are realistically manageable, the EU might avoid a recession which would be far more costly than any concessions they can possibly make to those two countries.

However, to your last point: I fear so too. The German Juggernaut and their north european co-creditors are not ready to make sufficient concessions. They have been spending the last seven years showing their own population how tough and ruthless they can be to Greece instead of preparing them for a situation where concessions might be needed. That kind of irrational shortsightedness might have already sent us off the cliff.
5273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 08:42:28 PM
what is your opinion on grexit? is it going to happen? will they let us leave eurozone? and if so, will this affect the price of bitcoin?

Nobody wants a grexit, not even Syriza. But something has to give soon, if Greece gets IMF on their side it might be difficult for the creditor nations to resist some kind of debt relief, but what form and what size is impossible to know right now.

Grexit will happen because there are three outcomes and grexit is the not the worst case scenario for either side. Possibilities:
1)Greek bank run with no bail-out leading to collapse of economy and government
2) Writedowns/write offs of Greek debt leading several other countries to re-negotiate austerity terms and massive losses to sovereign debt-holders.
3)  Grexit.

It's going to happen. The only real question is "when?"

You are assuming that the EU or Greece will choose the less bad option. Ballsy!

A more likely reason why there can be a grexit is simply because everyone fucks up and are forced to accept a grexit that nobody wants. That would be politics european style!
5274  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 08:36:18 PM
That was pretty weak

thanks for the coins @ 218


There are no traders dumping at this price. Any coins sold come from miners or more likely Bitpay vendors.

At the same time I'm not buying either, because I've already accumulated all the coins I want unless they get cheaper. Something's gotta give and all we can really do right now is wait.

It sort of looks like November/December, except there isn't anywhere to fall. I would think that 0 would be an absolute bottom. But I have been wrong before.
5275  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 08:27:05 PM
what is your opinion on grexit? is it going to happen? will they let us leave eurozone? and if so, will this affect the price of bitcoin?

Nobody wants a grexit, not even Syriza. But something has to give soon, if Greece gets IMF on their side it might be difficult for the creditor nations to resist some kind of debt relief, but what form and what size is impossible to know right now. If, however there is a grexit, some might decide to move their money into Bitcoin just make sure that neither the greek government nor the EU can get control over them.
5276  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 08:08:17 PM
Looks like we're finally going down

Hmmm.... bullish

Or was it FindFTP who was always wrong?
5277  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 08:05:31 PM
Looks like we're finally going down

Hmmm.... bullish
5278  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 07:48:05 PM


as i said...it was about the quote...i didnt even care about the picture
"We all remember the soviet advance into Ukraine and into Germany very well. This has to be prevented and nobody has the right to rewrite the results of the second world war." (c) Jazenjuk...this was also only one point...this happened at an interview with the ARD (the main public german tv channel...i dont know if you have anything similar in the usa)...my point was that things like these happened a lot in the last months but there is no public discussion about it...the same with odessa where they trapped people in a building and set it on fire...whoever came out got shot https://www.youtube.com/watch?v=H4dJRnI-X8Q   how do you reply to this...is this a made up lie for you?

I wasn't there. But as far as I can gather Russia attacked Ukraine, people got angry, shit happened. If you think you have figured it all out from that video then good for you. I do know that people were a bit on edge in that region because there were rumors that Russia would try to send provocateurs to Transnistria through there. I don't know why Russia would do that (Transnistria is very pro-russian as it is), but that was the rumor.

it's good that you finally admit that you have no idea what is going on there...it is just one video...yes...this is why i said i am into this topic for months and it is not explainable in a board as a sidetopic...(actually it is about a year especially the ukraine problem, i didn't consider the maidan movement a real threat in the beginning)...anyway...since you don't want to get to gain more knowledge about that topic, we can talk about bitcoin again

Yeez, ok. You have a funny way of "gaining knowledge". You seem so hooked up on reading between the lines that you can't make out what the text actually says. If you look up the parties of the current government on wikipedia you will find what those parties stand for. That is why they were elected and that is what the people want. If some of those politicians are secretly assholes then they will be no different from any other political party in the world. I even showed you a video that showed that the prime ministers salute was an innocent hand gesture and you proceeded to moan on about the text under that same picture I had just proved to be propaganda even when I had asked you several times to be more critical of your sources. Another thing, people say stupid things all the time, you have to look at the whole picture. Yes, there are nazis in Ukraine, of course they run front and center when Russia invades Ukraine. Yes, Yatsenyuks comments about Germany during the second world war is a massive brain fart.

Ukraine was pulled out of one of the worst humanitarian catastrophes in the world until then into another. They struggle to paint it black and white. The greatest farming nation in Europe had to suffer a famine that cost between 2.5 and 7.5 million deaths because of soviet policies. And soviet death squads rolled up in trucks to shoot anyone who made any resistance. After this the germans were viewed with different eyes by many ukranians than in other countries. Ironically Ukraine was one the countries that were hardest hit by the german terror, and it didn't make it better that a significant portion of ukranians were collaborators. And after the ukranian independence they have have tended to focus more on their role as victim than their many collaborators. That makes them ignorant in this regard, but not nazis. I hope the new democratic Ukraine will take a harder look at their past, but that is not the most pressing matter today.
you are not getting my point...just let it rest...ok? this is not worldpoliticstalk.org anyway

I don't accept your point. I disagree with you. If you want to think that means that I don't get it, then you're welcome to do so.
5279  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 06:51:35 PM


as i said...it was about the quote...i didnt even care about the picture
"We all remember the soviet advance into Ukraine and into Germany very well. This has to be prevented and nobody has the right to rewrite the results of the second world war." (c) Jazenjuk...this was also only one point...this happened at an interview with the ARD (the main public german tv channel...i dont know if you have anything similar in the usa)...my point was that things like these happened a lot in the last months but there is no public discussion about it...the same with odessa where they trapped people in a building and set it on fire...whoever came out got shot https://www.youtube.com/watch?v=H4dJRnI-X8Q   how do you reply to this...is this a made up lie for you?

I wasn't there. But as far as I can gather Russia attacked Ukraine, people got angry, shit happened. If you think you have figured it all out from that video then good for you. I do know that people were a bit on edge in that region because there were rumors that Russia would try to send provocateurs to Transnistria through there. I don't know why Russia would do that (Transnistria is very pro-russian as it is), but that was the rumor.

it's good that you finally admit that you have no idea what is going on there...it is just one video...yes...this is why i said i am into this topic for months and it is not explainable in a board as a sidetopic...(actually it is about a year especially the ukraine problem, i didn't consider the maidan movement a real threat in the beginning)...anyway...since you don't want to get to gain more knowledge about that topic, we can talk about bitcoin again

Yeez, ok. You have a funny way of "gaining knowledge". You seem so hooked up on reading between the lines that you can't make out what the text actually says. If you look up the parties of the current government on wikipedia you will find what those parties stand for. That is why they were elected and that is what the people want. If some of those politicians are secretly assholes then they will be no different from any other political party in the world. I even showed you a video that showed that the prime ministers salute was an innocent hand gesture and you proceeded to moan on about the text under that same picture I had just proved to be propaganda even when I had asked you several times to be more critical of your sources. Another thing, people say stupid things all the time, you have to look at the whole picture. Yes, there are nazis in Ukraine, of course they run front and center when Russia invades Ukraine. Yes, Yatsenyuks comments about Germany during the second world war is a massive brain fart.

Ukraine was pulled out of one of the worst humanitarian catastrophes in the world until then into another. They struggle to paint it black and white. The greatest farming nation in Europe had to suffer a famine that cost between 2.5 and 7.5 million deaths because of soviet policies. And soviet death squads rolled up in trucks to shoot anyone who made any resistance. After this the germans were viewed with different eyes by many ukranians than in other countries. Ironically Ukraine was one the countries that were hardest hit by the german terror, and it didn't make it better that a significant portion of ukranians were collaborators. And after the ukranian independence they have have tended to focus more on their role as victim than their many collaborators. That makes them ignorant in this regard, but not nazis. I hope the new democratic Ukraine will take a harder look at their past, but that is not the most pressing matter today.
5280  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 05:41:06 PM
The train has been quietly boarding over the past few days.

CCMF ?

YEAH BABY!!!!
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