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1381
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 20, 2018, 01:53:33 AM
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this thread is giving me hat envy.  Hat envy ? Or get quick merit desire?  “Booze still talking and thinking” Sry for being too lazy to search google... but... What is "merit" good for??  1.theymos' self esteem 2.you need it to rank up, eg from hero to legendary, maybe get a better gig on your sig 3.circle jerking 4.pointing out good posts 5. Promoting lulz |
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1383
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 18, 2018, 08:53:35 PM
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Of course, you can draw lines however you like, but I find it a bit less realistic and predictive if you start from the extreme top, because the top was such an extreme (not conceding blow off top yet, except as a short term blow off top... which was about a two months time period that arguably provided the base for that), so perhaps, instead the top of the resistance line might start from the $15k territory or so and therefore end up touching more of the subsequent BTC price peaks (early march and early may, for example)?
Whatever works for you and produces actionable data. For me, our failure to break away from the red long term downtrend line (so far) tells me we are still in a bear market. That’s all I need to know.  You're gonna kill everyone's buzz, man. |
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1384
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 18, 2018, 08:39:46 PM
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Oh great now we are going back down. Reaaally should have thought twice before dropping acid. Also I really should not be anywhere near bitmex right now. You guys need to keep reminding me not to sell, ok?
Did you know what everything we use as energy is really just a product of our sun? All the energy we store up and change from one form to another, blowing pinwheels that produce our electricity. Even the power that is spent mining bitcoins, which are just an idea bound by math (which is just another idea), comes from the sun. The energy of the sun, stored as ideas, traded as value. Om. All you know and love, The fundamental building blocks you are made of, are popping in and out of existence all the time. Can you imagine that? Sometimes you exist, sometimes you don't. In fact, the entire universe just popped into existence. It should have popped out again, but for some reason we don't know yet, there was an imbalance between matter and antimatter. Matter and antimatter should have canceled each other out. But here we are, living in a world that is expanding faster and faster. What happens when the expansion starts slowing down? Or stops? You are the universe observing itself and asking these questions. OK I am freaking out. Gunna go clean the bathroom. When you guys drop acid do your fingertips get cold too? What was before the universe popped into existence? Where did the matter and dark matter come from? Can there be life made of dark matter, where matter is the "mysterious" one? I doubt things are really over with us expanding into oblivion, where protons, neutrons and electrons never meet again, there might be just a new start, maybe in a totally different way. I also doubt that water only is the single source of life like mainstream science suggests, there might be endless possibilities. One thing is for sure, universe is full of life. Brain goes on fire thinking of that subject, guess it's too much to cope with. The whole body seems to get a bit colder when dropping acid, that might be just due to overall rise in sensitivity. Good to know there are some other psychonauts around here A while back, there was the idea being thrown around of a WO Vegas party to celebrate $100K. Instead, we could all just meet up wearing our avatar hats and drop acid. What could go wrong? |
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1385
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 18, 2018, 08:36:35 PM
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The energy of the sun, stored as ideas, traded as value.
Metapost: I've been sorta-kinda looking into the idea of having my cremated ashes loaded onto a rocket, and shot into Sol, upon my passing. Rick will get at least 50% of my ashes, tho. Can't be done for less than ~$5M USD at this time - for the sake of argument. Then I think about how much that $5M could be put to use supporting my sibling's children. But what if they turn out to be "unworthy" of what I leave behind ? What if my nieces and nephews turn out to be complete degenerates ( hey you, stop snickering. I know what you are thinking) and don't deserve 50% of my estate ? First World Problems. EDIT: Also, depression has set in again. About to crack open beer #5. Bleh. What toy to play with next in my studio... I understand this problem, and worry about the same things with my very own kids. I also don't want to leave them with something that stops them from becoming fulfilled. As to the studio gear... it's weird. For my professional career I was UAD guy. But recently I have been collecting Waves plugins. Their new pricing model is appealing. S/W not H/W, but I have enough gear for now... not as nice as some of your stuff... but ah well... I like the idea of a trust fund. One idea is just to have it match whatever the kids make, dollar per dollar, if they're working. If they're not working, it pays out the equivalent of what they'd get from unemployment benefits. |
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1390
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
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on: October 18, 2018, 02:02:05 AM
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If Bitcoin Cash will have 2nd layer scaling, then what was the point of Bitcoin Cash?
(Most of) the Bitcoin Cash supporters are not / were never exactly against 2nd layer scaling. We were against a stupid form of scaling that is incapable of scaling in a timely manner. We were against a form of scaling that inserted a trojan into the very base Bitcoin protocol. We were against a form of scaling that made radical changes to the base protocol. We were against a form of scaling that made it much easier to shoehorn in further controversial changes to the base protocol. Mostly, the point of Bitcoin Cash was to rescue satoshi's innovation from The Segwit Omnibus Changeset. We have a winner! |
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1396
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 17, 2018, 05:39:59 PM
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I cashed out my long position last night for a modest gain (trading stash - not hodling stash).
It looks like we're going to keep going down.
Hey, careful there bud. I know you got the red hat and all but we're trusting you know how to use it correctly. Bearish comments such as this while "wearing" that hat could be devastating. You wouldn't want to have to eat your new hat now, would you? I think it's likely we need to bounce down in the meme triangle:  Longer term, I still think the bottom is in. Volume has steadily decreased to the point of basically flatlining. The big exception was Oct. 15, which had huge volume. The fact that it was huge volume on a green candle was telling. We're in "Depression", heading toward "Disbelief". The big green dildo Monday was the market showing its hand, IMO.  |
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1398
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 17, 2018, 03:11:53 PM
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Last one for tonight.  I didn't make hats for those participating in sig campaigns or those whose avatar I couldn't find a larger version of. If anybody else wants one, let me know (and if you could provide a larger version of your avatar, that would be awesome). Thanks everyone for humouring me.  Looking good! Thanks |
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1399
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 16, 2018, 03:51:19 AM
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Volume is still looking nice.
People seem confused and disorientated. Like they just got hit on the head with a hammer, while wearing a hat, before eating it.  Something is wrong with the mayor. seems confused. too much herb? He's fine. He's right where I left him. Wrapped in plastic. Now, can we please stay on topic. I'm trying to think! Do you have the silly mustache market cornered yet? |
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