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881  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 12:13:03 PM
Now it seems that we have broken resistance and that we are going to 50K in the blink of an eye.

$46,325.22 on bitstamp.

Waiting for trolldhon and his theories.

Theories??? It's math and science pal. That ain't no theory.

Since when did math and data science not include statistical theories?
One theory is the amount of short positions are still over leveraged last I checked (with $2 billion open positions). The bears are refusing to exit their losing positions, instead are holding onto their shorts Bitcoin as it rises and finds support above the 200 Day MA Roll Eyes
What happens theoretically when these positions get liquidated is they have to buy back into Bitcoin. This is how the $50-60K "blink of an eye" can occur. All theory obviously, but 35% shorts vs longs in a bull market is still over leveraged imo.
Remember when price crashed 30% in a day? The market was over leveraged long, the bulls got liquidated. Some theorized this would happen, I ignored it. I won't ignore this scenario in the opposite direction. That would be naive.
Ideally everyone exists their losing positions before liquidation, or at least at different prices. But they don't, and they never learn.

Yes, but the Llama gets everything confirmed in the WO thread, that overrides everything.

Just to clarify, this is also a joke.
882  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 11:56:56 AM
Now it seems that we have broken resistance and that we are going to 50K in the blink of an eye.

$46,325.22 on bitstamp.

Waiting for trolldhon and his theories.

Theories??? It's math and science pal. That ain't no theory.

Since when did math and data science not include statistical theories?
One theory is the amount of short positions are still over leveraged last I checked (with $2 billion open positions). The bears are refusing to exit their losing positions, instead are holding onto their shorts Bitcoin as it rises and finds support above the 200 Day MA Roll Eyes
What happens theoretically when these positions get liquidated is they have to buy back into Bitcoin. This is how the $50-60K "blink of an eye" can occur. All theory obviously, but 35% shorts vs longs in a bull market is still over leveraged imo.
Remember when price crashed 30% in a day? The market was over leveraged long, the bulls got liquidated. Some theorized this would happen, I ignored it. I won't ignore this scenario in the opposite direction. That would be naive.
Ideally everyone exists their losing positions before liquidation, or at least at different prices. But they don't, and they never learn.

Yes, but the Llama gets everything confirmed in the WO thread, that overrides everything.
883  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 11:54:14 AM



The great philosopher Mr. Nietzsche said:
Quote
Real men desire two different things: danger and games.
If there are only 21 million women in this world,
Then the right side of this dialog box may be Bitcoin.


I can hardly imagine that when a normal man loses interest in a woman, I can say with certainty that there is nothing for this man to be unsuccessful. If not, it is that this woman is too ignorant to invest in herself (beauty, stay young) or find a way to grab the man's stomach.

Women grab my stomach all the time, and ask me if it isn't time to lose some weight.
884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 11:51:43 AM
Hate to break the news to uie poo-ie, Hueristic, but I will.  

Someone's gots a do it.

Your English sucks about as badly as sirazimuth's singing.

No homo.



Hence why I specifically cited the fact I consider this (my first {natural}) a "second language". ;P
And it gets worse every year!

Really? you don't have JJGay on ignore?


If you don't love JJG you don't love Bitcoin. You heard it here first.  Grin

Are you saying I have to sell my bitcoin?
885  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 01:46:31 AM
Hate to break the news to uie poo-ie, Hueristic, but I will.  

Someone's gots a do it.

Your English sucks about as badly as sirazimuth's singing.

No homo.



Hence why I specifically cited the fact I consider this (my first {natural}) a "second language". ;P
And it gets worse every year!

Really? you don't have JJGay on ignore?
886  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2021, 01:44:45 AM
Fair comment!

I'm just having a break with coffee and a Danish I think called Fika in Sweden, while deciding whether to treat a crop today, with the risk of rain or wait until tomorrow. Your English language skills are excellent.
He have improved so much in fact that I had forgotten he is not a native speaker and only after reading this recalled how bad he was originally.

Well done Arrie, I wish I could become bi-lingual but I'm too stupid to learn another language and after being a native English speaker my entire life still consider this illogical conglomerate of inconstant arbitrarian descriptives a second language.

So, I went back and checked my first posts, I don't think the English in them is bad at all, are you confusing me with someone else?

And thanks.

My early posts.
https://bitcointalk.org/index.php?action=profile;u=159292;sa=showPosts;start=2920

I remember quit a few times having to reread your posts in the past but can't remember having to do that in recent times.

But I also mostly have scanned this thread just to keep up so that probably has a lot to do with it as well.

Ok, I guess other people are better to judge my English then I am Smiley

 than I am Smiley


Darn, I was going back and forth, but decided on the wrong one.

The most amusing part is literally that was a perfect example of having to go back and reread a post to make sure of what you meant, lol perfect timing!

Yeah, I knew that was pretty bad, but I was to busy to fine tune the sentence like I usually try to do.
887  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 10:53:49 PM
Fair comment!

I'm just having a break with coffee and a Danish I think called Fika in Sweden, while deciding whether to treat a crop today, with the risk of rain or wait until tomorrow. Your English language skills are excellent.
He have improved so much in fact that I had forgotten he is not a native speaker and only after reading this recalled how bad he was originally.

Well done Arrie, I wish I could become bi-lingual but I'm too stupid to learn another language and after being a native English speaker my entire life still consider this illogical conglomerate of inconstant arbitrarian descriptives a second language.

So, I went back and checked my first posts, I don't think the English in them is bad at all, are you confusing me with someone else?

And thanks.

My early posts.
https://bitcointalk.org/index.php?action=profile;u=159292;sa=showPosts;start=2920

I remember quit a few times having to reread your posts in the past but can't remember having to do that in recent times.

But I also mostly have scanned this thread just to keep up so that probably has a lot to do with it as well.

Ok, I guess other people are better to judge my English then I am Smiley

 than I am Smiley


Darn, I was going back and forth, but decided on the wrong one.
888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 10:24:13 PM
Fair comment!

I'm just having a break with coffee and a Danish I think called Fika in Sweden, while deciding whether to treat a crop today, with the risk of rain or wait until tomorrow. Your English language skills are excellent.
He have improved so much in fact that I had forgotten he is not a native speaker and only after reading this recalled how bad he was originally.

Well done Arrie, I wish I could become bi-lingual but I'm too stupid to learn another language and after being a native English speaker my entire life still consider this illogical conglomerate of inconstant arbitrarian descriptives a second language.

So, I went back and checked my first posts, I don't think the English in them is bad at all, are you confusing me with someone else?

And thanks.

My early posts.
https://bitcointalk.org/index.php?action=profile;u=159292;sa=showPosts;start=2920

I remember quit a few times having to reread your posts in the past but can't remember having to do that in recent times.

But I also mostly have scanned this thread just to keep up so that probably has a lot to do with it as well.

Ok, I guess other people are better to judge my English then I am Smiley
889  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 09:51:41 PM
Fair comment!

I'm just having a break with coffee and a Danish I think called Fika in Sweden, while deciding whether to treat a crop today, with the risk of rain or wait until tomorrow. Your English language skills are excellent.
He have improved so much in fact that I had forgotten he is not a native speaker and only after reading this recalled how bad he was originally.

Well done Arrie, I wish I could become bi-lingual but I'm too stupid to learn another language and after being a native English speaker my entire life still consider this illogical conglomerate of inconstant arbitrarian descriptives a second language.

So, I went back and checked my first posts, I don't think the English in them is bad at all, are you confusing me with someone else?

And thanks.

My early posts.
https://bitcointalk.org/index.php?action=profile;u=159292;sa=showPosts;start=2920
890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 09:44:26 PM
On the earlier discussion about money not making you happy.

I recall a study done where it's not so much that money makes you happy but not having money makes you less happy.



I think the key is to reach the point where you're not worried about money anymore so you can focus on better things in life. But the less money you have, you certainly do need to worry about money. I've been at the lowest end of the scale to well beyond the highest and I would agree.

I would caveat this with the fact that though I did not have money (I figured out the many ways to cook potatoes as it was all I had to eat for weeks, and later finding Bar-S hot dogs for $1 and a loaf of bread for $1 could get me through a week of meals) I knew that if things got too bad I could fall back on family. So my level of desperation never hit huge lows.

My current goal in life is not about having super cool awesome stuff, lambos, etc. It's about ensuring that the rest of my life I am not in the position I was early in my life. My problem with government has always been that they are the biggest factor in stopping me from ensuring my future through the use of violence.

Thx elwar…. I’m very interested in these kind of studies…

Good when I have some discussions with some peeps

I’m of the opinion Money doesn’t make happy… but it make thing way easier and that’s why it does make people happy

Like not have the need of worrying to pay monthly bills, able of going on holidays etc

Then comes the point of more money could be better, holidays can go easier more exciting, a bigger car, better house little more luxury things etc

Do I need most of gadgets not really but when there is more money then mostly more things are being bought.

I can say there isn’t really a lot making me happy these days from gadgets, I do like a nice house to call home and a nice car to drive with…. So money doesn’t necessarily makes one happy but the comfort it can give and taking away some stress points that’s something anyone becomes happy from…

Being able of taking my Gf or brother or someone I like on a trip or at a high class restaurant and give them the experience they wouldn’t have … that makes me happy as well

So I’m in favor of having more money as less money is a thing that could give join, an important thing maybe is to use it on important stuff as well and not only gadgets …

My experience: You can only be worried about money if you have money you don't want to lose, for any reason.
No money, no worries (about money).
No woman, no cry.

Money well gives you security, which again, is not happiness. Well, maybe happiness is sometimes dependent on security. But it's not the same at all.

You have to realize that your personal experience does not apply to the whole population.
You might not get happier if you get rich, but the majority of people do, as shown by science, and me.

In this one you are simply wrong I'm afraid.
891  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 02:23:22 PM
hung hanged by the neck until dead
Paintings are hung.
Men are hanged.
Good of you to point that out, on a forum where for many posting here, English is not their first or even second language.
Please no grammar police in WO.

Actually, I like it when people point out my mistakes like that, thet's how I learn.
Since English isn't my first language I'm grateful to people pointing out errors, it makes my English better.
I had for example no idea about the above difference between hung and hanged, now I know.
892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 10:09:11 PM
4000 lumen LED lights for the hi beam

i tried to switch out my rear brake/turn signal lights on a 2010 jeep for brighter LEDs. the computer didnt like the different current draw so threw errors (blinkers went super fast, normally an indication a turn signal bulb died.. the LED didnt draw enough to convince the computer it was working apparently). wtf try to install better than original parts and the computer says "nope"

also heard putting HID (think thats it) headlights on a lot of computerized vehicles causes problems too. wrong current draw.

love my 2000 XJ, i can fix/upgrade most anything and all it does is keep running.

   Resistance is not futile.  It is cheap and effective  Wink

It is indeed, but for some reason it's not always enough to fool a canbus system, they do something else too, don't know what.

   I hate new cars.  I've regressed to 1990 again after creeping briefly into the 2000's, and watching for good restoration candidates even older.  Too much garbage electronics and not enough robust margin of durability these days.  Disposable cars that are unlikely to outlast the payments people take on for them.  I've come close to buying a brand new truck several times in recent years, and always glad that I backed away and found another beater.

Did I mention the Volvo I'm giving all that love is a -92.
893  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 10:02:27 PM
When the Swedish military first deployed to Afghanistan, they used VW geländewagen, supposedly made for military use, but the computer acted out and made driving them hell. Sometimes you couldn't use all gears, sometimes the engine wouldn't start because computer error, in that case you had to reboot the computer, and so on.
Having to reboot a car computer while under enemy fire makes you really dislike VW. In the end they never turned the engine of while out of camp and pretty soon the cars were replaced. Now we use the famous RG 32, in Sweden called Terrängbil 16 or Galten.

https://sv.wikipedia.org/wiki/BAE_Systems_OMC_RG32M

894  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 09:26:08 PM
4000 lumen LED lights for the hi beam

i tried to switch out my rear brake/turn signal lights on a 2010 jeep for brighter LEDs. the computer didnt like the different current draw so threw errors (blinkers went super fast, normally an indication a turn signal bulb died.. the LED didnt draw enough to convince the computer it was working apparently). wtf try to install better than original parts and the computer says "nope"

also heard putting HID (think thats it) headlights on a lot of computerized vehicles causes problems too. wrong current draw.

love my 2000 XJ, i can fix/upgrade most anything and all it does is keep running.

   Resistance is not futile.  It is cheap and effective  Wink

It is indeed, but for some reason it's not always enough to fool a canbus system, they do something else too, don't know what.
895  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 09:19:03 PM
I forgot to mention that I also managed to get a new front window for the car paid for by the insurance, I only have to pay the deductible, 172 USD  I'll get it done the 17th.
I managed to convince them that the window was so blastered that it was a safety hazard.
896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 08:39:07 PM
What's going on infastructure bill approved or random dump?

Dump?

Ah, you beat me to it.
897  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 08:38:05 PM
Seems like science says you can buy happiness.

https://www.forbes.com/sites/alexledsom/2021/02/07/new-study-shows-that-more-money-buys-more-happiness/

https://www.psychologytoday.com/us/blog/you-are-not-meant-be-happy/202103/money-buys-some-happiness
898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 08:33:06 PM


Awesome bartender

Awesome White Russian



Are you trying to make me go back to Biltema? Because I will if I have to.
899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 08:21:45 PM
How do you guys make pictures smaller when you quote?

Add width and height to the image tag like this [img width=X height=Y][/img] where X and Y are the values you want.


Thanks, Ill try, but I give no guarantees.
900  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 09, 2021, 08:20:36 PM
Short the shit out of this false breakout dudes like a boss! Dont be sheep, sell like a man.

Disclosure: Sold BTC772 at $153.
That simple post stopped me in my tracks this morning. I had to spend a few minutes pondering over it. It's the same way those selling at >$40,000 will also look in a few years from now.

Do a mental take on it to get the impact of that reality in today's value.

As far as we know you are quoting a dead man.  He held a lot of bitcoin while he was alive, and probably lost more than many in this thread could imagine.  But he was mentally unstable, had a bit of an unhealthy relationship with substances, and ended up leaving behind a wife and kid.  He bought a haunted house in Estonia for a million USD and it burned down a while back.  Possible his "death" was a hoax.  Yeah, with him that's very possible.  But I don't think so...

Possibly the biggest lesson to learn from Risto is all the money in the world is truly worth nothing in the end.  The things we think it gains us?  They cannot be purchased.  Happiness cannot come from wealth.  Risto spent a lot of time trying to buy himself the admiration of others.  he surrounded himself with people who would worship him.  And in the end he lost everything, and in a spectacular and tragic way. 

Popescu is another that fits a lot of these sorts of things, though I think he worshiped himself enough not to need many others...

There are some folks in this thread with plenty of money who live miserable lives, and some who have only a little, but have happiness.

And there are a few who have both wealth, AND happiness... but have you ever noticed how that seems to be the smallest group?  Interesting.  And worth thinking about considering where we are going.  Many of you who have a "little, and happiness" are not going to stay in that group for much longer.  Make sure you hang on to what matters and live life along the way.  No moment can ever be reclaimed.

In the end, if you were not happy before you were rich, it's unlikely you will be happy when you are (rich).
My two cents.

But what if you are unhappy because you aren't rich?
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