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8681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 10:24:42 PM
pretty sure this is it, in the next few hours 450 resistance will become support

Is your strategy to keep saying it all the way down until the inevitable time when you are correct?  Tongue

never fails
8682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 10:13:29 PM
...

trying to get me to run java code ah... no way! lol

idk man I think I'd rather wait 10 seconds then have to face that *lets cut everyone off because we want to get to where we are going* intersection  

edit: ok if i save over 60 seconds it might be worth it.

Let me say I didn't manage to actually RUN the simulation. Chrome does not know Java is installed, tried installing it from Chrome's install link and nothing. Opera, Firefox and IE(!) know it's installed but is apparently blocked by some security setting SOMEWHERE because the code isn't signed. (IE didn't even know that, only reported SecurityException's). Found the option in Java settings (Control Panel, i know i know) and set it to "lowest" which apparently means only a allow/block prompt for unsigned code. Now none of the browsers is able to put the goddam parameters in the applet so I get some "height = 0" exception. What the fuck, man? Is Java completely dead like ActiveX already?

To each their own, that's 10 seconds (more in practice) for every intersection you ever drive through. It adds up. Also, I'm much more annoyed by traffic lights waiting than, say, crowded and slowish traffic.
http://www.thebitcoinreview.com/question.php?question_id=12

disable java NOW
8683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 10:07:21 PM
pretty sure this is it, in the next few hours 450 resistance will become support
8684  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: April 30, 2014, 10:00:01 PM
i can't wait for sub 1000$ gold

sorry gold bugs.

its going down!
8685  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 09:53:42 PM


problem solved!
8686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 09:40:00 PM
pure example of why control and centralisation is useless and can be avoided with minimum harm:



http://www.tuxboard.com/photos/2014/04/pas-besoin-de-rond-point.gif

Blind luck? You can't really call a roundabout centralisation.
Not the best example of subsidiarity since I'm guessing quite a few people have ended up in hospital on that road. Just not in the ~20 frames of that gif.

Funny thing is, at least traffic is moving.





no this is stupid as shit

it would flow much better if organized

i can;t believe this shit

Actually, take a look at this: https://www.cs.utexas.edu/~aim/oldsim/

Play around with the simulation to get a feel for it.

Multiagent Traffic Management:
A Reservation-Based Intersection Control Mechanism

Traffic Light - cars must obey the traffic signals. Using this system, cars are delayed by an average of 9.45 seconds relative to how quickly they could travel without an intersection present.The traffic light has these parameters:

    Period: 30 seconds
    Alpha (fraction of period the light is green in the East/West direction): .45
    Beta (fraction of period the light is red in all directions between greens): .05

Reservation System - cars can reserve time slots in the intersection. The granularity of the reservation system for this simulation is 4 (i.e. the system consists of a 4 x 4 grid of reservation tiles). Using this system, cars are delayed an average of 0.076 seconds - significantly less than when using a traffic light.


tl;dr Decentralized autonomous traffic can be much more efficient than traffic lights.

trying to get me to run java code ah... no way! lol

idk man I think I'd rather wait 10 seconds then have to face that *lets cut everyone off because we want to get to where we are going* intersection  

edit: ok if i save over 60 seconds it might be worth it.
8687  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 08:42:48 PM
pure example of why control and centralisation is useless and can be avoided with minimum harm:



http://www.tuxboard.com/photos/2014/04/pas-besoin-de-rond-point.gif

Blind luck? You can't really call a roundabout centralisation.
Not the best example of subsidiarity since I'm guessing quite a few people have ended up in hospital on that road. Just not in the ~20 frames of that gif.

Funny thing is, at least traffic is moving.





no this is stupid as shit

it would flow much better if organized

i can;t believe this shit
8688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 07:55:50 PM
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

No the body of the candle (the thick part) consists of the opening and closing price, the small sticks indicate the highest or lowest price during the time in which candle is formed.

I believe that I still do NOT really understand the candles.

Let's just take the 30 minute candle.

There is an entry price and an exit price for the 30 minute period.  Yes, I understand that the length of the candle will reflect all the prices in which BTC traded during that 30 minutes.  

Explanation 1:  The candle will be red if the exit price is lower than the entrance price and the candle will be green if the exit price is higher than the entrance price.

Explanation 2:  The candle will be green if buying outpaces selling during that period and red if selling out paces buying.


Regarding Explanation 1: If the thick part of the candles reflects the price entrance and exit points,  sometimes the thick part of the candle does NOT seem to match with the supposed price entrance and exit points... b/c the exit of one candle does NOT match up with the entrance of the next candle or possibly with the entrance into the next candle after that... or the thick portion of the candle is just sitting aloof and not connected to either side..   Something seems to be wrong with my understanding of these candles b/c frequently the thick parts of the candles do NOT seem to match up.  

Regarding Explanation 2:  This seems more plausible b/c explanation 1 does NOT seem to pan out regarding the matching of the entrance and exit locations - the thick parts of the candles.    


Explanation 2 is wrong.

Explanation 1 is correct

your seeing a small bug, seems the closing price of previous candle doesn't always match the opening of the next or something...
8689  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 06:32:23 PM
nubs are studying

BUY BUY BUY!

Probably because of that misleading documentary about bitcoin and how everyone supposedly made a fortune on trading bitcoin.

Everyone did, didn't they? At least the hodlers who have been around longer then some days..

i bet some poeple lost money buying 16$ bitcoins.

Hodling is hard...
8690  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 06:24:06 PM
nubs are studying and learning

BUY BUY BUY!
8691  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 06:22:58 PM
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

no.

candles show the price movement for a given time frame. 1 hour candles show, open close and range of price movement during that hour

they have nothing to do with volume.

volume bars should be under these candles but i don't how that works on wisdom
8692  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 06:05:32 PM
http://www.spiegel.de/international/spiegel/controlled-chaos-european-cities-do-away-with-traffic-signs-a-448747.html

Everyone who bashed this GIF with no second thought or research proved they are completely clueless in life.

Removing all traffic laws and signs (except a few like 50 km/h speed limit in towns) made traffic more fluent, safer and faster on average.
The Autobahns have significantly fewer accidents NORMALIZED for traffic volume than many other highways.
This movement will most likely become more widespread.

It goes with the Clarkson quote with spikes in the steering wheel and a few other ideas from behavioural economics:
1. People ignore >70% of traffic signs, and much more in the US where the sign spam is completely out of control.
2. People read recommendations as mandatory
    a. Lacking speed limits, most people drive at their comfort speed. Speed LIMITS are by definition above the comfort zone of most people; otherwise they are inefficiently low. With speed limits, people drive at speed limits or above (usually) even if that is no longer comfortable for them (i.e. how tired they are).
    b. When banks recommend a MAXIMUM of ~34% monthly income to go to house mortgage, the vast majority of people take that as default and end up over-extending.

In short, if you take the signs away, people drive more carefully and organically, minding their surroundings. This is completely foreign to US drivers due to feelings of entitlement and "being in the right" no matter what the local traffic conditions are. That's also one of the main causes for how many accidents there are on the US highways (mostly, in merging and lane changing).

In my home city, in my mostly lawless-driving EU country, people routinely drive at 100+ km/h during the night in cities, even if the speed limit is the classic 50. Almost all accidents happen when drivers were DUI, racing or irresponsible local-mafia brats.

Y'all really need to get your head out of the "we need to control you or you would kill eachother" arsehole. I though "antifragile" was trending?
+1

I could not believe it but in many Chinese  cities (not the mega city's with traffic lights that people use) but the 3+ million people strong cities, where people treat the signs as as advisory only, how there are no tragic jams, the tragic just keeps moving it just gets slower during the peak. It is not easy to adjust, I may never adjust, driving head on into oncoming tragic on the wrong side of the road to avoid the two loan idiots who stopped at the tragic light that scares the s#!t out of me, but it works, and I was impressed, my favorite tragic sign.



unreal.
8693  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 06:03:51 PM
nice buy.
8694  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 03:23:07 PM
pure example of why control and centralisation is useless and can be avoided with minimum harm:



http://www.tuxboard.com/photos/2014/04/pas-besoin-de-rond-point.gif

wtf is this for real somewhere?
8695  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2014, 01:45:00 PM
Maybe its a bulltrap, but i dont recall the fat red "China news" candle being nullified so fast on the 2h chart.

and the china "news" didn't produce much of a dip.
8696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2014, 11:47:39 PM


OMFG I MUST HAVE A BITMAC  Shocked Shocked Shocked

when was this? this is the best news Ive seen for months!

macdonalds has the publicity to make bitcoin a common word, and as a bunch of crooked corporates they have vision to monopolise, increasing the value heaps. imagine if macdonalds would offer discount for paying with bitcoin  Shocked everyone would try it out for fun!

its probably a prank.
8697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2014, 11:38:41 PM
8698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2014, 11:27:06 PM


OMFG I MUST HAVE A BITMAC  Shocked Shocked Shocked
8699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2014, 11:09:14 PM
free the market free the world.

the decentralization of world domination is underway.

join the revolution!

8700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2014, 11:03:32 PM
If we really do capitulate to $200 or lower, a lot of people are going to get crazy rich off this thing!

a shit ton of poeple have already gotten rich of the emergence of digital currency

welcome to 2014



I mean a lot of people who weren't before.

digital currency is still in its infancy , it will continue to make poeple rich for generations!
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