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3661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 12:21:33 AM
everyone be enjoying their 4/20 high? ... never fails to deliver, mmm but maybe a bad trip for the shorts but oh well.
I actually celebrated without realizing it. Well, after the fact I did. I almost never partake, if not as a social sign of approval. But on 4/20 night I deliberately prepared a mini, just for myself. I knew my company wouldn't want to join the jointment. Getting her to even drink something reasonable was already a small feat in itself. So why would I want a miniJ in such company? Now I see. Unplanned, legitimate celebration.
3662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:02:42 PM
What do we mean when we talk about race? Genetics, culture or a combination? Is it possible to quantify the nature/nurture relevance ratio? How about a child born from a black and a Jew, raised in Asia by a foster family? Which "race" do they get stamped on their Interwebz passport?
Culture results from genetics and environment. So, all of them. Yes. That kid is fucked. Also show me one instance in the entire world of that particular combination, just for kicks.
It's like an Inuit posting here. Theoretically possible.  Tongue
3663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:00:40 PM
Some classic TA at last. Thank you, Hairy.

Good Lord this is a tough crowd tonight (this morning ?)

Fine. Here's some more TA. We've exited the Inverse Bart.



Fucking happy now ?!??!??
Thank you too for some more (contemporary) TA. It wasn't actually needed, though. Your OT's about brick-based testicle training are among the best for me anyway. Or your curt invitations to remove undesired clutter from your no-sun-shining-here areas.
3664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 11:51:30 AM
What do we mean when we talk about race? Genetics, culture or a combination? Is it possible to quantify the nature/nurture relevance ratio? How about a child born from a black and a Jew, raised in Asia by a foster family? Which "race" do they get stamped on their Interwebz passport?


Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.
Didn't you mention not too long ago that you had met tribal people, that they were different from us, and that it was fascinating?
I think you refer to my words about nomads. They weren't tribal nomads actually, but yes they have a different, lighter stance towards life. It's the culture that's different. Different from me, I mean. I don't know about you, let alone about "us". Us bitcoiners? Us participants in the WO thread? Are you assuming I'm a thoroughbred Caucasian male? I could be ((( d_eddie ))) for all you know, or half-asian (Thai mom), or black or Inuit - well, I admit the latter's unlikely, but I could be. I guess you see what I mean.


Quote
Reality is what it is. Being disgusted with reality is needlessly limiting.
I'm not disgusted with reality. I'm disgusted with tireless back and forth drilling of the same old stuff by the few that care about it, to the detriment of the silent majority who doesn't mind a nice OT, but couldn't give fewer fucks about racist (un)subtleties than an annoyed honey badger.
3665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 11:34:31 AM
Dungeon averted?


Some classic TA at last. Thank you, Hairy.
3666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 04:40:44 AM
Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.
3667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 03:01:46 AM
https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig ?? ?? While in North Carolina last week with best friends, we sat around a bonfire ?? picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button
At the cost of repeating myself, you have some taste. I mean for fun music. All my likes are granted.
3668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:56:11 AM
My hope, however, is that most of the governance will be blockchain based. As much as possible over time.
I mentioned the admins having the right to a choice a few posts back. Would PoS in the community coin be a viable voting metric at least for some matters? Has any thought gone into it yet? Interesting stuff indeed.
3669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:53:38 AM
Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.

but people = shit

soooooooo
Can't merit both for budget reasons. Picking the one where it makes more of a difference Wink
3670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:46:15 AM
With all of this in mind Blue Frontiers decided to go with an actual currency to be used on the seasteads and be the only currency the company would accept for payment for anything on the seasteads

That's very disappointing! It defeats the very foundation of the project as it creates just another territory with their own currency. A "legal tender" and the only way you can pay your taxes to local authorities. How is that different to every other country manipulating their domestic currency to "optimally" rob their own citizens?


I guess there will be exchanges, exchange rates, fees. I'm sure it will be possible to buy a few varyons even from the mainland. On board for sure, at more cost. If you live at sea, then of course they're more useful. Yes, I see your point, becoin. But isn't the concept of a community currency legitimate? A fat stash of it implies a stake in some man-made quasi-island, so what? It might give actual use case value to varyon (XBTVRY stable) - uncommon for a new coin. Hm, which in turn also implies enforcement of money laws of some kind. Tough, eh? Well, as long as the single 'steaders can accept any kind of money they like, it's only fair that the admins get to choose, too. Or is it? I don't have a clue.

Elwar? Did I get the VRY ticker right? :-P
3671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 08:54:07 PM
I've been away for a few days. Getting up to date with this is ridiculous. I'm still 37 pages in the red. Makes me want to run and hide in a cupboard or something.

It seems I missed some very interesting OT stuff.
3672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 11, 2018, 02:37:48 PM


What the hell? Wall observation in this thread?!

On topic is the new off topic, didn't you know?
Just don't tell the moderator ;-)
3673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 11, 2018, 01:25:41 PM
We have a couple of weeks of dead cat bounce before the final capitulation Cheesy

The cat is not dead, it is unconscious. Got a very serious concussion from falling, but it will be OK... eventually Smiley

Was it from falling, or from that prolonged squawk?
3674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 04:49:58 PM


  lol
Looks like she knows he way around a mic!

... or two.
3675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 04:47:51 PM
Or maybe it's no trouble at all. Your claim is simply ignored because it didn't make it to the master list of scams.

Huh In a decentralized system, there can be no master list of anything. Or rather, if there is a master list, the system is by definition not decentralized.

For my part, I'm not ready to give that principle up.
Neither am I. It's just a hypothesis about how government/institutions would react if this technology were available. The speculation is not sterile, since it may become available any day, if there is enought interest. Not necessarily interest in this community.
3676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 01:59:14 PM
Sorry V8, too much noise, oversights are unavoidable.
3677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 01:51:33 PM
(snip)

Hm, by the refined language, I sense a fellow Oxford scholar?  Tongue
blah blah blah
A paper that gets me thinking along these lines must be a good paper under some definition of good.
Nice find my ass, my ass
As we say in Oxford after class.

Dear, dear Ed, Read the effing thread.
Rosewater was making a pass
At my sweet, sweet arse.

Ah I see! I thought you were poking some fun at me, and I couldn't abstain from an Oxfordian retort ;-)
3678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 04:14:54 AM
^^ TROLL BAIT  Angry

I'm just going to leave this one here for the bugman to sort out. Grin
http://vixra.org/pdf/1501.0021v1.pdf
3679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 04:07:12 AM
It was Rosewater who brought the topic into this arena of gentlemen.

The argument for taint and title is strong
http://www.cl.cam.ac.uk/~rja14/Papers/making-bitcoin-legal.pdf

The taint paper has stirred several reactions.

tasty find my arse Grin
Hm, by the refined language, I sense a fellow Oxford scholar?  Tongue

Seriously, I don't see the paper as advocating anything in particular. If it actually is, I didn't notice or I deem the advocacy irrelevant. The strength of that discussion is the what-if speculation it suggests. It is assumed that the public Taintchain is a reality. The Taintchain makes it effectively instant to look up taint, which is distributed in a strict LIFO fashion. This sounds as a prescription (advocating), but I hear a scientific stance. "It's a precise working hypothesis with good effects on the engineering," it sounds to me. The Taintchain can actually become real today, once the blockchain is scanned to create a different view of the transaction database. Keeping the Taintchain current is a trivial matter.

Under these assumptions, there are interesting consequences. Different administrations will be interested in tracking different events. And they will each be able to do that in a much easier way than today. And anyone else can do the same, too. The algorithm is there. How long before an open source solution allows you to track any taintchain known to man, as well as hypothetical ones defined by the user's ow custom rules? I think this ease of implementation makes it likely that it will get done.

Now, initiating taint on a whim or on user action can be a daunting task for a public administration, but limiting the initial " taint award" to only a few well-known events (like, Mt.Gox size only - either finance-wise or  by media resonance) is completely doable. As is picking your own pet taint-generating events.

No one has to like that. I don't know if I would myself. But it's a realistic possibility in, say, China for export controls. See the what-if? Chinese taint wouldn't mean much in the USA, right? Or wouldn't it?

Food for thought.

Reporting doesn’t need to be false to be damaging.
A sends coins to exchange and sells, withdrawing different coins.  B truthfully claims that A stole the coins and sues exchange for value of the coins.  Exchange is liable to compensate B.  
Possible limits to exchange liability are also vaguely hypothesized, but it's lawyer stuff, so the authors - computer scientists, remember - don't toy with the idea too much. They appear to be fascinated by the game theoretical implications. I also am.

You say "successfully disputed", I say that "successfully" involves a new layer of lawyers.

You say "they bust you bullshitting the system, its trouble..." I say "ho ho, Deripaska, Zuma..."
Or maybe it's no trouble at all. Your claim is simply ignored because it didn't make it to the master list of scams. It's not even 1/100,000 of Gox size after all. Or maybe someone snitches on you, dealing in drugs or military technology or whatever. One address paying you gets leaked. What happens to your coins? Which countries are involved? Which exchange did the coins pass through?

A paper that gets me thinking along these lines must be a good paper under some definition of good.

Nice find my ass, my ass
As we say in Oxford after class.
3680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2018, 03:20:03 AM
Is it possible for you to have established partial closiong targets?  For example, four of them, or some other comfortable quantity:  1) at $6,200, 2) at $5,200, 3) at $4,200 and 4) at $3,200.

Entirely. I do have partial close orders sprinkled - you guessed it - along a ladder. The lowest, most profitable, is well above 3200 for now, but I hope that by the time we get to that, I'll be profiting already and perhaps the ladder will be exhausted.


Quote
I really don't believe that it is very likely that your $3,200-ish one would close,

Right. That's if we get to that, which I also doubt.

Quote
Do you have a better way of framing your tentative ongoing correction strategy, at this time?
I'm nursing my hedge to  as high an entry point as I can. My loose guidance: I'm trying to keep approximately fixed hypothetical profit at, say, 5k or 4.5k. This can be done with a smaller position as long as the entry is better (higher). So I make the position smaller by closing partially when in the money, waiting for another climb to average up, so that when it gets down in the money again, I can release (cash out) a little more than in the previous cycle. All this goes by small increments, small sums. The idea is not to be found flat when it really plunges, and be ready to release with some predetermined stop when the pain becomes unbearable.

(When/if are used interchangeably. It's the same thing. I don't know. I don't care.)
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