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6081  Other / Off-topic / Re: The Ladies of Bitcoin (SFW) on: April 03, 2012, 01:53:54 AM
Welcome to Bitcoin Ladies!  Please identify yourselves so we can lump you together and distinguish you from other bitcoiners.
6082  Economy / Speculation / Re: Up or Down? Poll. on: April 02, 2012, 06:57:51 PM
The market is uneasy about crossing the $5 threshold, but once it does we will be going up.

Good luck with that.
6083  Economy / Speculation / Re: $5.2 today?! on: April 02, 2012, 06:43:34 PM
volume on bitcoinica doubled in 5 minutes

Do the spreads seem smaller to you now vs a couple days ago?

1/2 price mtgox fees
6084  Economy / Speculation / Re: Rally!!!!! on: April 02, 2012, 05:13:52 PM
and the bubble goes boom Tongue

Who's ready for the squeeze?
6085  Economy / Speculation / Re: April 20th on: April 02, 2012, 04:31:28 AM
Price will bottom at $4.20 on 4-20, then we'll see the rocket.
6086  Economy / Speculation / Re: Trading Bots on: April 01, 2012, 07:48:59 PM
Though mixing bits up might create an inaccurate representation of the actual market do you think?

I could experiment a little with different algorithms and test them side by side. I might come back to it but I've got other things I should perhaps be working on.

Sure... ideally you want to maintain valid wave counts.  I wish I had the time to build such a wave validity checker and mutator.
6087  Economy / Speculation / Re: Trading Bots on: April 01, 2012, 07:34:01 PM
What's low and what's high?

Mine trie to figure out a strategy itself an d it found really good strategies... that only worked for old data. It was good at hindsight, rubbish at foresight. Maybe it needed tweaking.

This problem is known as overfitting.  The solution is to add noise to the data.  Create 10 copies of the data with random permutations to train it on.

So your solution would be to copy the data and add various noise... how would this noise be added, random changes in the prices? What should the spread and distribution in the randomness be?

I guess using more data and perhaps testing for consistency would help also.

That's the art of it.  I might try something along the lines of scaling similar movements from different timescales to replace the move that actually happened.  This will give the solution space more robustness to handle similar, but slightly different situations.
6088  Economy / Economics / Re: The moronic purification cult is a direct result of hoarding on: April 01, 2012, 04:53:44 AM
We get it... You haven't looked beyond these forums.  Open your eyes... I could drop fiat for bitcoin for everything except property taxes and utilities if more people were willing to pay me in bitcoin.

Poster printing?
Nationwide delivery?
Home repair?
Car insurance?
Frozen meat by the truck?
HV/AC installation?

You know the boring stuff.

Everything on that list I have no need for or handle myself other than car insurance.

Food, clothing, and anything from Amazon.com can be had for bitcoin.

My complaint isn't about what you or I need.
Those things are part of a functioning productive world and when truckloads of meat can't be delivered because bitcoin can't cover the load, bitcoin will crash.

Your food doesn't come from Amazon. It comes from farms.

No farm delivery, no Amazon supply.

We have to start somewhere... have some fucking patience.

There is actually a good case for bitcoin in the trucking industry.  Money transmittal is a constant pain in some trucking sectors, all it would take is someone getting stations to accept bitcoin payments.  It is being done cheaper than credit cards and way cheaper than the shitty high fee services some people use.
6089  Economy / Speculation / Re: Trading Bots on: April 01, 2012, 04:37:54 AM
What's low and what's high?

Mine trie to figure out a strategy itself an d it found really good strategies... that only worked for old data. It was good at hindsight, rubbish at foresight. Maybe it needed tweaking.

This problem is known as overfitting.  The solution is to add noise to the data.  Create 10 copies of the data with random permutations to train it on.
6090  Economy / Speculation / Re: Rally!!!!! on: April 01, 2012, 04:33:54 AM
Everybody got there upside down charts?

Let's get this rally started!!!
6091  Economy / Speculation / Re: Crash!!!! on: April 01, 2012, 03:44:42 AM
It's April 1st... where's the volume?
6092  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: March 31, 2012, 11:15:17 PM
Pirate,

I am wondering when you will have the transactions peace up and running on your website.

I just went through the payments what i got from you and i added together the payments what you calculatd on each workers. There is almost 12 BTC difference. I am working on your "pool" since begging of February.

Could you please look into my case?

Thanks

I'd bet your difference was passed through to your "offline" pool.
6093  Economy / Economics / Re: Money is usually debt; Debt is slavery; Bitcoin is neither debt nor slavery. on: March 31, 2012, 10:49:12 PM
I live a simple life below the tax threshold.  Sure, I've got property taxes of almost $20 a year, but beyond that no government is forcing fiat upon me.  For me it's not worth supporting the American Cult in order to be able to buy more shit I don't need.  Grow food, love people, live free.

You're deluding yourself if you think you can go on doing this forever.  Eventually the irresponsibility of the state will catch up with you, and whenever they need your property to build a new housing block or factory, or simply to pay off their debt, they will seize it.

They are already attacking your ability to grow your own food, outlawing small farms, classifying heirloom breeds as "invasive" because they are too productive, poisoning the food and water, so that your tap water comes pre-saturated with fertilizer run-off and your urine contains 20x the legal limit of pesticides.  Eventually, patented seeds will make their way into your garden and you will become a target of the intellectual property regime.  The window of opportunity to become self-sufficient is closing.

At the same time, they are drawing a stark line between anyone inside their corporate plantation, and those outside.  Those inside are offered free healthcare to fend off the multitude of degenerative diseases caused by GMO and modern agriculture.  Those outside are literally labeled terrorists by the Justice Department for "believing they can live without government interference in their lives" and thereby "undermining" the fictional "democracy" they claim justifies their unsustainable property-grabbing scheme.

Meanwhile, the Army grows drugs in Afghanistan, the CIA smuggles them into the US, the ATF runs guns into Mexico, and the FBI has instigated every major "foiled" terror plot since 9/11.  This is all on the record and, in most cases, openly admitted.  Yet the average citizen is still blissfully unaware.

So, no, it's no longer enough to just sit idly by and hope the system collapses on its own.  That could take centuries.  Anyone who wants to live in peace and freedom has a responsibility to actively dismantle the unjust and unconstitutional power structures built up in order to enslave humanity.  Using Bitcoin is just one step in this process.

I will stand with my rifle and let them shoot me before I will give them what is mine, and I have many like minds close by.  Even the corporatists will wake up if they kill enough of us.
6094  Economy / Economics / Re: The moronic purification cult is a direct result of hoarding on: March 31, 2012, 10:27:20 PM
We get it... You haven't looked beyond these forums.  Open your eyes... I could drop fiat for bitcoin for everything except property taxes and utilities if more people were willing to pay me in bitcoin.

Poster printing?
Nationwide delivery?
Home repair?
Car insurance?
Frozen meat by the truck?
HV/AC installation?

You know the boring stuff.

Everything on that list I have no need for or handle myself other than car insurance.

Food, clothing, and anything from Amazon.com can be had for bitcoin.
6095  Economy / Economics / Re: The moronic purification cult is a direct result of hoarding on: March 31, 2012, 05:38:46 PM
We get it... You haven't looked beyond these forums.  Open your eyes... I could drop fiat for bitcoin for everything except property taxes and utilities if more people were willing to pay me in bitcoin.
6096  Economy / Speculation / Re: Rally!!!!! on: March 31, 2012, 02:34:01 PM
Quote
All it means is people will hold off on trading until tomorrow if possible.

Errr it also means that now is the time to get into whatever position you want to be in once volume starts picking up.

Sure... What I'm excluding is that it will determine the direction in any way.
6097  Economy / Speculation / Re: Rally!!!!! on: March 31, 2012, 02:28:13 PM
Ummm isn't tomorrow the first day with 50% trading fees on Gox?

That has had at least some influence on trading activity in the past.

All it means is people will hold off on trading until tomorrow if possible.
6098  Economy / Economics / Re: Money is usually debt; Debt is slavery; Bitcoin is neither debt nor slavery. on: March 31, 2012, 01:39:06 PM
Debt is not slavery.

If I borrow money from someone, whether dollars or Bitcoins, I am in debt. But in no way am I a slave, I'm merely obligated to fulfill a voluntary contract. If debt is slavery, so too is employment, ordering chinese food, purchasing insurance, and marriage (some might argue with this last point Wink

Why won't this phrase go away??

In the case of fiat money, it is created by the government selling a bond

The government has accepted a contract. The government has forced you to accept that money they created as legal tender - you must accept that money for payment. This make you an involuntary participant.

Since you need this money to pay for items, you will need to work to acquire it. This means you are working to pay this bond, as an involuntary participant.

So, it seems to me you are in bondage. Bondage with forced labor is slavery.

And since bitcoin doesn't have a bond, or any other debt instrument to back it, or create it, it does not have these properties.

This is why I use and promote bitcoin. It is a tool of freedom. Great post.


I live a simple life below the tax threshold.  Sure, I've got property taxes of almost $20 a year, but beyond that no government is forcing fiat upon me.  For me it's not worth supporting the American Cult in order to be able to buy more shit I don't need.  Grow food, love people, live free.
6099  Economy / Economics / Re: Do something! on: March 31, 2012, 01:33:16 PM
No, we are not doomed - we just need to accumulate even more BTC...  Shocked  Cheesy

Maybe best case scenario for Bitcoin under this view would be a total collapse of the established currency system with people seeking desperately for "safer" alternatives.

If the alternative is valued in the collapsing currency then the alternative will crash as well.

This would only hold if fiat was the only thing you could buy with BTC.  This is far from true.
6100  Economy / Economics / Re: The moronic purification cult is a direct result of hoarding on: March 31, 2012, 01:31:37 PM
Bitcoin value is "tied" to dollars? how do you explain the floating exchange rate? Bitcoin value is tied to the goods and services available in exchange for bitcoin + speculation on future availability of such goods and services.

"bitcoins store dollar value" wat?

Please don't try to launder facts through rhetoric.

Look at the items for sale or auctioned on this forum. Most are one or another financial instrument. People are holding onto Bitcoins til there's a better price in other currencies. There isn't a consistent market for goods.

Hoarders are holding for better dollar prices value. When the dollar crashes, bitcoins will no longer have any usefulness for them will become more useful and they will start selling them trading them for goods and services massively.

FTFY
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