Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

Maybe I'm stating the obvious but oscillating markets tend to favor a rebalancing strategy (bot or manual), for some reason rarely discussed in this thread (even if hinted at times).

In other words it doesn't really matter what happens to Bitcoin in the news, as long as the rate goes up or down, the only problem is when it goes sideways.

The tricky bit is what pair do you choose to oscillate around ?  Most random walks in crypto have a bias. 

[modrobert]

Maybe I'm stating the obvious but oscillating markets tend to favor a rebalancing strategy (bot or manual), for some reason rarely discussed in this thread (even if hinted at times).

In other words it doesn't really matter what happens to Bitcoin in the news, as long as the rate goes up or down, the only problem is when it goes sideways.

The tricky bit is what pair do you choose to oscillate around ?  Most random walks in crypto have a bias. 

USD worked well for me, but maybe there are better constant-mix alternatives?

[Ibian]

https://www.theguardian.com/science/2018/feb/07/how-dangerous-is-jordan-b-peterson-the-rightwing-professor-who-hit-a-hornets-nest
by
Dorian Lynskey

Dorian Lynskey is a music writer for the Guardian and Observer as well as magazines including Q, GQ and Mojo. He is the author of 33 Revolutions Per Minute: A History of Protest Songs (Faber).

Very dangerous. To the left. That's why he has become a global phenomenon. He is a modern Socrates.

[HairyMaclairy]

Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes?  is that ''racist''? don't know, don't care, but it happens to be true.

OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.

Get a grip, you're a racist.

P.S.  This thread is about BTC.

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.

And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.

Socio-economic status is a far more reliable predictor of IQ test performance.  Low SES children consistently underperform

[HairyMaclairy]

Maybe I'm stating the obvious but oscillating markets tend to favor a rebalancing strategy (bot or manual), for some reason rarely discussed in this thread (even if hinted at times).

In other words it doesn't really matter what happens to Bitcoin in the news, as long as the rate goes up or down, the only problem is when it goes sideways.

The tricky bit is what pair do you choose to oscillate around ?  Most random walks in crypto have a bias. 

USD worked well for me, but maybe there are better constant-mix alternatives?

BTC/USD on a single exchange?   That’s hardly without bias

[HairyMaclairy]

https://www.theguardian.com/science/2018/feb/07/how-dangerous-is-jordan-b-peterson-the-rightwing-professor-who-hit-a-hornets-nest
by
Dorian Lynskey

Dorian Lynskey is a music writer for the Guardian and Observer as well as magazines including Q, GQ and Mojo. He is the author of 33 Revolutions Per Minute: A History of Protest Songs (Faber).

Very dangerous. To the left. That's why he has become a global phenomenon. He is a modern Socrates.

Do you have any other links to his writing ? As an avowed Marxist I look forward to having my mind blown. Unfortunately I don’t know any of the people in the above article he is talking about so it all falls a bit flat.

[explorer]

When banks say they "might" be interested in Bitcoin futures you know they are gonna invest have invested big time: https://www.ccn.com/european-banks-soon-hold-bitcoin-admits-ecb-president/

[BTCMILLIONAIRE]

Wow, wtf happened on the WO? There's some real ignorance coming out here. GTFO polluting the thread and our world with racism. If you're not in support of all races, it's YOU that is divided. Next topic, bitcoin please.

Nobody is fucking equal, comrade. People are different.

Yes, we are all different. Don't make the mistake of thinking one way is better than another. Some of us live our lives abroad in various countries learning more about culture, humanity, and how we are connected. You come across to me as someone who's been sheltered in America and fed MSM garbage when you spew your BS. No offence, check yourself.

Of course some cultures are better than others. That's why the rest of the world is trying to get into the west. We build the best cultures. And I have traveled enough that it no longer interests me all that much. Take a trip to Manila yourself, you'll see just how shitty cultures can be.

Of course, while cultures are not equal, they are all beautiful: https://www.youtube.com/watch?v=Pp-sr5LNA50

Some of their issues aside (ridiculous work hours, shitty schools), I'm actually quite fond of Japan and its culture. It feels like an actual country of its own, while western countries all feel the same to me. I wouldn't want to live there for a small number of reasons, but from a strictly cultural perspective I would choose that place over any western country, mostly due to all of the little things that really add up. Such as not being a fucking obnoxious cunt in public.

[modrobert]

Maybe I'm stating the obvious but oscillating markets tend to favor a rebalancing strategy (bot or manual), for some reason rarely discussed in this thread (even if hinted at times).

In other words it doesn't really matter what happens to Bitcoin in the news, as long as the rate goes up or down, the only problem is when it goes sideways.

The tricky bit is what pair do you choose to oscillate around ?  Most random walks in crypto have a bias. 

USD worked well for me, but maybe there are better constant-mix alternatives?

BTC/USD on a single exchange?   That’s hardly without bias

I tend to avoid that after mtgox crashed, lesson learned. My biggest regret was selling a lot back in 2011 as a miner, but it's never too late, Bitcoin is awesome.

[kurious]

(snip....)

The underlying question, of course, is: How can smaller creatures - human, tunas, herrings and minnows - see it coming?

This is a huge, but probably unanswerable question.  But it is one that anyone smart is always hoping to find the answer to.

Markets are all about confidence and sentiment, so (sadly) there is no perfect answer, even though with hindsight patterns do repeat.  But patterns can always be seen in the past and look obvious - seeing them coming again is not so easy.  Like Elliot waves; it's always debatable 'which wave' we are in.

For long-term trend prediction (the big turning points), I think indicators of irrational bullishness /bearishness are as good an indicator of anything a crash, or rise is coming - but this is unmeasurable mathematically.

Short term - personally - I draw lines on charts endlessly, decide my favourite candle time scale and which MA to trade on and it usually 'helps' - but only enough to give me an edge.  And it's an edge that works only if you work hard and spend a LOT of time on it.

I did sell off 20% in Dec, which was as much as I dared to because it was enough to change my life significantly - and I didn't know what the tax situation in my country was likely to mean for what I took out (plus it was still going up!).   I felt strongly we would probably correct, and I remembered 2013, so I took 'some' out.  I advised members of my close family who had anything to do the same (they chose not to).

I will say this:

With trends (not short term trading), the only thing that has worked for me is two methodologies:

1.  Gut feeling  (along with mentally preparing to 'sell to too early, if it's enough money to make a difference')

2.  Listening to Tera.

[Ibian]

I don’t hold with the level of racism in this thread either.

A ban of Roach would be a good start.  His noodlings on physical silver don’t bring sufficient value to justify his other bullshit.  I don’t give a flip if he has has been here since day 1.

Who has mod powers on this thread now ?

Yes some of his racist crap offended me too and I'm not no bleeding heart liberal. But I believe in free speech,. quite passionately . Best way to counter is with some salient argument or just simply ignore. Besides he does make some interesting observations at times.

Free speech is fine, I'm strongly in favour with some limits - but the internet is full of forums for racists to vent their shite. It's not relevant to this thread, and should get modded (and yes I get the irony that this discussion isn't either).

If it's limited it's not free, you can't have it both ways.

You seem to have your own "limited" thinking, if you cannot imagine ways in which free speech can be limited and still be free.. go figure.  Based on some of your previous posts, this current position of yours that is not willing or able to circumscribe the concept of "free" does not surprise me.

So give an example if you can. Explain your position. Show your work, as it were.

[BTCMILLIONAIRE]

(snip....)

The underlying question, of course, is: How can smaller creatures - human, tunas, herrings and minnows - see it coming?

This is a huge, but probably unanswerable question.  But it is one that anyone smart is always hoping to find the answer to.

Markets are all about confidence and sentiment, so (sadly) there is no perfect answer, even though with hindsight patterns do repeat.  But patterns can always be seen in the past and look obvious - seeing them coming again is not so easy.  Like Elliot waves; it's always debatable 'which wave' we are in.

For long-term trend prediction (the big turning points), I think indicators of irrational bullishness /bearishness are as good an indicator of anything a crash, or rise is coming - but this is unmeasurable mathematically.

Short term - personally - I draw lines on charts endlessly, decide my favourite candle time scale and which MA to trade on and it usually 'helps' - but only enough to give me an edge.  And it's an edge that works only if you work hard and spend a LOT of time on it.

I did sell off 20% in Dec, which was as much as I dared to because it was enough to change my life significantly - and I didn't know what the tax situation in my country was likely to mean for what I took out (plus it was still going up!).   I felt strongly we would probably correct, and I remembered 2013, so I took 'some' out.  I advised members of my close family who had anything to do the same (they chose not to).

I will say this:

With trends (not short term trading), the only thing that has worked for me is two methodologies:

1.  Gut feeling  (along with mentally preparing to 'sell to too early, if it's enough money to make a difference')

2.  Listening to Tera.

Well, while you can't predict where in a given pattern we are at any given moment, you can use historical data to get a probability of certain patterns unfolding on different time scales. And to be profitable all it takes is to be right just over 50% of the time, which is something that isn't extremely difficult in inefficient markets. That does take a very specific toolset though, so it's not for everyone by default, although the required skills can be acquired by anyone. The problem is that figuring out the details takes a very long time, and humans are pretty dreadful when it comes to long-term planning.

[Ibian]

Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes?  is that ''racist''? don't know, don't care, but it happens to be true.

OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.

Get a grip, you're a racist.

P.S.  This thread is about BTC.

*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.

And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.

Socio-economic status is a far more reliable predictor of IQ test performance.  Low SES children consistently underperform

You got it reversed. Low social status and poverty is a result of low IQ.

[Ibian]

https://www.theguardian.com/science/2018/feb/07/how-dangerous-is-jordan-b-peterson-the-rightwing-professor-who-hit-a-hornets-nest
by
Dorian Lynskey

Dorian Lynskey is a music writer for the Guardian and Observer as well as magazines including Q, GQ and Mojo. He is the author of 33 Revolutions Per Minute: A History of Protest Songs (Faber).

Very dangerous. To the left. That's why he has become a global phenomenon. He is a modern Socrates.

Do you have any other links to his writing ? As an avowed Marxist I look forward to having my mind blown. Unfortunately I don’t know any of the people in the above article he is talking about so it all falls a bit flat.

Links about Peterson? Just look him up on youtube. He has thousands of hours of lectures and talks and debates.

[BTCMILLIONAIRE]

https://www.theguardian.com/science/2018/feb/07/how-dangerous-is-jordan-b-peterson-the-rightwing-professor-who-hit-a-hornets-nest
by
Dorian Lynskey

Dorian Lynskey is a music writer for the Guardian and Observer as well as magazines including Q, GQ and Mojo. He is the author of 33 Revolutions Per Minute: A History of Protest Songs (Faber).

Very dangerous. To the left. That's why he has become a global phenomenon. He is a modern Socrates.

Do you have any other links to his writing ? As an avowed Marxist I look forward to having my mind blown. Unfortunately I don’t know any of the people in the above article he is talking about so it all falls a bit flat.

Links about Peterson? Just look him up on youtube. He has thousands of hours of lectures and talks and debates.

They're all worth watching too. Very inspiring and down to earth guy.

[Ibian]

Wow, wtf happened on the WO? There's some real ignorance coming out here. GTFO polluting the thread and our world with racism. If you're not in support of all races, it's YOU that is divided. Next topic, bitcoin please.

Nobody is fucking equal, comrade. People are different.

Yes, we are all different. Don't make the mistake of thinking one way is better than another. Some of us live our lives abroad in various countries learning more about culture, humanity, and how we are connected. You come across to me as someone who's been sheltered in America and fed MSM garbage when you spew your BS. No offence, check yourself.

Of course some cultures are better than others. That's why the rest of the world is trying to get into the west. We build the best cultures. And I have traveled enough that it no longer interests me all that much. Take a trip to Manila yourself, you'll see just how shitty cultures can be.

Of course, while cultures are not equal, they are all beautiful: https://www.youtube.com/watch?v=Pp-sr5LNA50

Some of their issues aside (ridiculous work hours, shitty schools), I'm actually quite fond of Japan and its culture. It feels like an actual country of its own, while western countries all feel the same to me. I wouldn't want to live there for a small number of reasons, but from a strictly cultural perspective I would choose that place over any western country, mostly due to all of the little things that really add up. Such as not being a fucking obnoxious cunt in public.

They are nationalists instead of globalists. That's the main difference.

That's also why they focus so much on robotics. Better to have robots tend to their large elderly population than let in gaijins like we have done.

[BTCMILLIONAIRE]

Wow, wtf happened on the WO? There's some real ignorance coming out here. GTFO polluting the thread and our world with racism. If you're not in support of all races, it's YOU that is divided. Next topic, bitcoin please.

Nobody is fucking equal, comrade. People are different.

Yes, we are all different. Don't make the mistake of thinking one way is better than another. Some of us live our lives abroad in various countries learning more about culture, humanity, and how we are connected. You come across to me as someone who's been sheltered in America and fed MSM garbage when you spew your BS. No offence, check yourself.

Of course some cultures are better than others. That's why the rest of the world is trying to get into the west. We build the best cultures. And I have traveled enough that it no longer interests me all that much. Take a trip to Manila yourself, you'll see just how shitty cultures can be.

Of course, while cultures are not equal, they are all beautiful: https://www.youtube.com/watch?v=Pp-sr5LNA50

Some of their issues aside (ridiculous work hours, shitty schools), I'm actually quite fond of Japan and its culture. It feels like an actual country of its own, while western countries all feel the same to me. I wouldn't want to live there for a small number of reasons, but from a strictly cultural perspective I would choose that place over any western country, mostly due to all of the little things that really add up. Such as not being a fucking obnoxious cunt in public.

They are nationalists instead of globalists. That's the main difference.

That's also why they focus so much on robotics. Better to have robots tend to their large elderly population than let in gaijins like we have done.

I never even understood the argument against technological unemployment. That sounds like a fucking dream come true to me. I hope Japan will remain nationalist instead of randomly deciding that it's a good idea to kill their culture.

[Ibian]

https://www.theguardian.com/science/2018/feb/07/how-dangerous-is-jordan-b-peterson-the-rightwing-professor-who-hit-a-hornets-nest
by
Dorian Lynskey

Dorian Lynskey is a music writer for the Guardian and Observer as well as magazines including Q, GQ and Mojo. He is the author of 33 Revolutions Per Minute: A History of Protest Songs (Faber).

Very dangerous. To the left. That's why he has become a global phenomenon. He is a modern Socrates.

Do you have any other links to his writing ? As an avowed Marxist I look forward to having my mind blown. Unfortunately I don’t know any of the people in the above article he is talking about so it all falls a bit flat.

Links about Peterson? Just look him up on youtube. He has thousands of hours of lectures and talks and debates.

They're all worth watching too. Very inspiring and down to earth guy.

Not to mention educational. I have learned a bunch about psychology and personality and IQ from him.

His only flaw in my opinion is that he doesn't address r/K. The one time I saw someone mention it was on a panel with other professors, and he let someone else address it.

[Ibian]

Wow, wtf happened on the WO? There's some real ignorance coming out here. GTFO polluting the thread and our world with racism. If you're not in support of all races, it's YOU that is divided. Next topic, bitcoin please.

Nobody is fucking equal, comrade. People are different.

Yes, we are all different. Don't make the mistake of thinking one way is better than another. Some of us live our lives abroad in various countries learning more about culture, humanity, and how we are connected. You come across to me as someone who's been sheltered in America and fed MSM garbage when you spew your BS. No offence, check yourself.

Of course some cultures are better than others. That's why the rest of the world is trying to get into the west. We build the best cultures. And I have traveled enough that it no longer interests me all that much. Take a trip to Manila yourself, you'll see just how shitty cultures can be.

Of course, while cultures are not equal, they are all beautiful: https://www.youtube.com/watch?v=Pp-sr5LNA50

Some of their issues aside (ridiculous work hours, shitty schools), I'm actually quite fond of Japan and its culture. It feels like an actual country of its own, while western countries all feel the same to me. I wouldn't want to live there for a small number of reasons, but from a strictly cultural perspective I would choose that place over any western country, mostly due to all of the little things that really add up. Such as not being a fucking obnoxious cunt in public.

They are nationalists instead of globalists. That's the main difference.

That's also why they focus so much on robotics. Better to have robots tend to their large elderly population than let in gaijins like we have done.

I never even understood the argument against technological unemployment. That sounds like a fucking dream come true to me. I hope Japan will remain nationalist instead of randomly deciding that it's a good idea to kill their culture.

Because nobody gives money away for free. Not governments, and not individuals.

Besides, it would be a Very Bad Thing to live in a nation of Eloi when most of the world is violent. Humans need challenges to overcome in order to be human, rather than overgrown children.

[JayJuanGee]

I don’t hold with the level of racism in this thread either.

A ban of Roach would be a good start.  His noodlings on physical silver don’t bring sufficient value to justify his other bullshit.  I don’t give a flip if he has has been here since day 1.

Who has mod powers on this thread now ?

Yes some of his racist crap offended me too and I'm not no bleeding heart liberal. But I believe in free speech,. quite passionately . Best way to counter is with some salient argument or just simply ignore. Besides he does make some interesting observations at times.

Free speech is fine, I'm strongly in favour with some limits - but the internet is full of forums for racists to vent their shite. It's not relevant to this thread, and should get modded (and yes I get the irony that this discussion isn't either).

If it's limited it's not free, you can't have it both ways.

You seem to have your own "limited" thinking, if you cannot imagine ways in which free speech can be limited and still be free.. go figure.  Based on some of your previous posts, this current position of yours that is not willing or able to circumscribe the concept of "free" does not surprise me.

So give an example if you can. Explain your position. Show your work, as it were.

Don't be fucking ridiculous to pursue this trivial and distracting topic.  I have already seen that you have demonstrated your own variety of limitations in thinking too, in your defending a variety of bigoted concepts with simplistic frameworks.  A large majority of the time, there would be little to no fruitfulness to engage in any kind of way with your attempts at interaction that tend to be inciting without meaningful contribution.