|
Can you prove we are not in wave 5?
|
|
|
|
|
Ok my "can't see the end of the road argument." isn't really consistent, I see that.
However I do think a "happy ending" could be possible for them once they realize that their goal is systematically impossible to obtain, not a happy ending for "the movement" but more for the people caught up in it, granted. Second, I don't like comparing exploitative cults to fascist systems. Scientology for instance is a dangerous scam which has ruined many peoples lives, but they are not facists. They simply lack the political support because they get their followers from not catering to the masses.
If the Zeitgeist idiots ever get financial support I think they would involve something similar to Scientology.
Yes I know the whole "if the cooperation takes over society it's fascism" definition. The difference is that cults only take over the lives of their followers not over society, even if isolated cult followers still live in the same society as everybody else.
|
|
|
|
|
For all I care they could drop all coins except BTC, NMC and LTC.
|
|
|
|
never once in history of humanity there has ever been an asset "Class" that is called bitcoin.
Penny stocks. |
|
|
|
U dont wanna catch a falling knife best to do this and wait for a higher high then get in on a retest
That's even more risky and less profitable. Then by extension you are saying your own strategy is even more risky than what I said and less profitable. Generally once OS, a higher high tells us trend is broken. Retest = risk/reward situation. Maybe you didn't understand. I do understand, why I am saying it's more risky is you get into the unprofitable territory much sooner on a bad trade. How so? You said to buy when MA is under BB and RSI is OS or under 30.. that is a falling knife situation. So its more risky to buy there than wait for MA < BB, RSI < 30, wait for breakout + retest. Your stoploss is under the low and your profit target is the swing high, much better risk:reward. OP asked for a tip on how to use RSI, I gave him one. I didn't recommend a stoploss strategy, read carefully. I'm not giving you a complete trading system which works as it is in the current situation. That obviously needs tweaking and backtesting. IF you think you know better do it, but I do consider it off topic. |
|
|
|
U dont wanna catch a falling knife best to do this and wait for a higher high then get in on a retest
That's even more risky and less profitable. Then by extension you are saying your own strategy is even more risky than what I said and less profitable. Generally once OS, a higher high tells us trend is broken. Retest = risk/reward situation. Maybe you didn't understand. I do understand, why I am saying it's more risky is you get into the unprofitable territory much sooner on a bad trade. |
|
|
|
Control is control. The control freaks always claim they are going to use "science" to allocate resources and labor to bring about a utopia. The new scheme is to use "computer algorithms". The name of the idol they hold up isn't important, the control is important. I agree with you on that. If the control is mandatory, you need murder and the threat of more murder to keep people in line If the control is voluntary, then it isn't really control, and what's the point? We already have a superior voluntary system for the allocation of time and things. I don't think you can make the true distinction of voluntary and involuntary when it comes to fascism. It works by by the "boiling a frog" principle, slowly turning up the heat. And while the public perception shifts the victims can appear to enter their predicament 'voluntary'. I don't see the Venus project capable of this right now, they don't even have plans on how to handle 'dissidents' yet, or recognize that they would exist. Arguing that it can evolve into a fascist system is obvious, and I agree it could. But the hard part is recognizing that it is simply a "innocent" cult right now which if they have their way can conclude in variety of different ways which may or may not be fascism. P.S. When the hell did I take you off ignore?
You don't hate me anymore?  |
|
|
|
U dont wanna catch a falling knife best to do this and wait for a higher high then get in on a retest
That's even more risky and less profitable. |
|
|
|
|
In case you missed it, you buy when RSI is oversold and SMA is below the BB, Sell when it's overbought and SMA is above the BB.
I don't think this works on the daily scale but a few minutes to hours might,
|
|
|
|
The Bitcoincharts default non-stochastic RSI is around 84 right now... How that is not overbought?  Overbought doesn't necessarily mean it won't stay overbought. You need additional indicators to determine that. What works is tuning SMA so that it can be an indicator for reversals if it crosses the Bollinger Band. The period must be quite low to get any results but not too low so it does give rare results. Not too high or you won't get any results at all. Then you can use this and RSI to try to make some short term profits. But be warned, this method needs a stop loss or you will get broke. |
|
|
|
@kjj I'd stop posting after that embarrassment. Socialism is not the same as fascism, even when some Libertarian talking heads claim that.
Any scheme to centralize control of economic decisions is either masturbation or murder. Either you have a plan to deal with people that don't want someone else to run their lives (murder), or you need 100% buy-in, which won't happen (masturbation). There is no middle ground possible, and I find it pointless to discuss masturbation on the forums, so what is left? Sorry I think you lost me. Ok the Venus project is a scheme to give centralized control to a a thing which is essentially oxymoron. That concludes some people who made the thing are the ones in control. So far so bad. But then you talk about killing people an jerking off. |
|
|
|
|
@kjj I'd stop posting after that embarrassment. Socialism is not the same as fascism, even when some Libertarian talking heads claim that.
Mind you I'm no way defending Lightriders 'vison' and I think it's one of the dumbest things I've ever came across. But not because of possible faschistoidian properties (which the Zeitgeist "movement" is way too insignificant to even consider). It's because it's based on a impossible to accomplish task.
This benevolent computer ruler of mankind they think they can create can't be done. What they are describing would be mechanical and/or electronic life, which we, by definition can't create. It might be one day possible to enable mechanical and/or electronic life, but not create it. A machine on the other hand can never be sentient and/or autonomously improve itself, that is because of the definition of a machine. Should by an incredible coincidence life evolve out of something that used to be a machine it would stop being a machine at this point and it would be pretty darn stupid to give it power over us.
|
|
|
|
The indigenous were merely voluntarily exchanging their physical health, environmental viability and social well being for the ability of Texaco and the US to make more money. Nobody's arguing with you there. Continuing to asset that anything I'm proposing entails killing people doesn't make it true. You can come up with a different straw man/red herring if you can think of one. I would prefer if you were being honest or at least less ignorant though.
The history of your movement is written on the hundreds of millions of corpses filling mass graves all across Europe and Asia. All that remains is for you to see that your system will only work if you are willing to add everyone that doesn't agree with you to that body count. GODWIN! |
|
|
|
But your "EPIC" crash scenarios are ridiculous. Unless we run from here to over $800- $1000, there will be no epic crash. Just a sizeable correction. Rinse and repeat.
You think that isn't going to happen, that's cute.  |
|
|
|
|
Penny stocks and Bitcoin, what can possibly go wrong?
|
|
|
|
For fucks sake How in the world is this even remotely being considered? This is a terrible idea. I'm glad my term is finally catching on. And that it's being used in an unironic way makes me feel like an evil genius. Thanks for that! |
|
|
|
|
Think about a headless chicken for a moment, motor impulses are automatically repeated by the nervous system in the body, and it can not really change direction on its own, until the rest of the bodily function seize.
|
|
|
|
This market runs around like a headless chicken.
Zoom out. That chicken has been climbing a mountain for 3 years.  Past performance is future performance, right? |
|
|
|
|
Bitcoin crashes on the next big bad news, it's that easy.
That could be, for instance that it comes out that the dollars in the mtgoxUSD order book aren't there anymore.
|
|
|
|
|
This market runs around like a headless chicken.
|
|
|
|
|
Show Posts
