fragout
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February 08, 2018, 10:24:45 AM Merited by JayJuanGee (1) |
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200 btc wall @ $8500 on stamp was just demolished in a few seconds. Lot of buy pressure today.
Btw the topic of this thread is - Bitcoin price movement tracking & discussion
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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February 08, 2018, 10:25:27 AM Last edit: February 08, 2018, 10:39:57 AM by JayJuanGee |
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To be really good, you need to sell all at the precise top, and then buy it back at the absolute bottom.
I doubt anyone actually did.
Perfection is not possible, but getting closer to it is a noble and sensible quest.
My sense is that if you aspiring too much to get exactly right or too close to perfection, then you are being too greedy, and you are engaging in gambling and unrealistic chasing of windmills. Better aspirations are likely to attempt to be practical when opening and closing positions, and perhaps structuring whatever you do in a way that you win no matter what.... that would be my understanding of a closer approximation of perfection that is not really gambling, but removing emotion and perhaps even removing some of the impossibilities of attempting prediction. To be really good you just need to be better than the average trader. And for that you don't need to sell the exact top or buy the exact bottom. It's enough to stagger purchases and sales in proportions that depend on the probabilities of price increases/decreases by certain numbers. Finding the probabilities is the trick here, as well as averaging them out in a way that guarantees you a performance band in which your portfolio will fall with a given probability. Doing that requires an understanding of time series as well as the ability to process large amounts of data (beyond just the price charts) though.
Wowza!!!! Much better said that me.
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pacman7331
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February 08, 2018, 10:29:27 AM |
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200 btc wall @ $8500 on stamp was just demolished in a few seconds. Lot of buy pressure today.
Btw the topic of this thread is - Bitcoin price movement tracking & discussion
Is it a whale? Cuz volume looks pretty low. Looks like about to hit that fib line again like yesterday this same time. Could be a bull trap.
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bitserve
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Self made HODLER ✓
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February 08, 2018, 10:33:30 AM Merited by JayJuanGee (1) |
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Who the fuck partially fills a limit order for 0.1 BTC and then goes away again?
This has happened to me quite frequently. You just happen to have your order at the reversing point. I think that it is good sign. Sometimes the remaining portion fo the order does end up getting filled, but frequently when an order gets partially filled, I get a kind of feeling of how much of a "genius" I am in terms of my order placement... sometimes, I cancel the remaining and sometimes I will just leave it and see if it later gets filled. If I leave it, then frequently, I will set a partial contrary order, just to cover myself on both and it becomes more fun, because I feel that I get an additional opportunity to make some extra money by setting another partial order on the other end and then just wait to see which one fills first. That part is like a game, and fun and generally profitable, no matter what. You mean you don't use "chained" orders? (ie, when a limit buy order is filled a preset limit sell order is inserted into the book and viceversa). I think what you say implies you do that manually... maybe I am wrong or you are referring only to the orders that need to be manually inserted after a "combo" is done. I have never used any kind of chained order feature, and I have always inserted my orders manually. I had never even seen or considered any kind of "chained order" feature, so call me a noob or a novice in regards to my methodology. I have heard that some folks use bots, and I understand that bots could be helpful, but I would be afraid of a bot, such as NOT programming the bot properly. Actually in early days of my trading, starting in late 2015, I had orders that were set in increments that were less than 1.5%; however, as I have gotten more experienced, I have gotten some of my order increments between 5% and 18%, and currently around 12%, so my orders are just not triggering as often.... and I feel a whole hell of a lot less burdened by the manual attention needed to reset my orders, as compared with the past. Maybe in the future, I could figure out some kind of bot or the chained order feature that you mention and I had never used or even saw it. Currently, I am mostly using GDAX, Gemini, Bitstamp and WEX for my BTC/USD trading. Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one). In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled. For me it is a VERY useful feature. YMMV.
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BTCMILLIONAIRE
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February 08, 2018, 10:36:27 AM |
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The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. I agree that you can practice for IQ tests, which is exactly why I didn't do it when I took one years ago. Felt like cheating. That said, someone with let's say an "unpracticed" IQ of 80 can't train himself up to 120. There are limits to what is possible, and those limits are inherent to the individual. And even then it doesn't carry over to other areas of life. I have never seen anybody train themselves from 80 to 120, so I can't even pretend to know whether this is possible or not. But I tend towards believing that sustained practice, perhaps under proper guidance, would eventually make such an increase possible, given that the individual in question actually put their mind into actively improving. And I'd be quite curious to see whether or not such an increase would pass on to first generation offsprings. And depending on how that "training" took place it might very well carry over to other areas of life, but that'd be up to the individual and the training methods. The moment I started conflating ideas and concepts from completely unrelated subjects was roughly when I started noticing a substantial increase in my own performance when it comes to learning new things. But that could possibly be just an overall change in mentality, as I used to build knowledge from first principles or from ground up. Now I use analogies, fill the gaps and then check for logical errors. The latter method is significantly more efficient, but I doubt it would be possible without solid fundamentals. Point being that there are a numerous potential tweaks to thinking that can be applied to all aspects of life. And again, it has never been shown to be possible to measurably increase IQ. It's been tried. What is possible is to teach people to think in useful ways. But that's not IQ. How hard were they trying though? I recall reading a paper from one of the Ivy League universities that concluded that perfect pitch could not be learned in adulthood. And the argumentation, as well as the experiment itself, was lackluster to say the least.
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mike4001
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February 08, 2018, 10:36:54 AM |
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Someone is pumping Bitcoin Cash. +14% on Coinmarketcap (in Relation to BTC)
And nice, hoping for 10k soon (BTC).
My time machine back to November worked.
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Ibian
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February 08, 2018, 10:38:54 AM |
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The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. I agree that you can practice for IQ tests, which is exactly why I didn't do it when I took one years ago. Felt like cheating. That said, someone with let's say an "unpracticed" IQ of 80 can't train himself up to 120. There are limits to what is possible, and those limits are inherent to the individual. And even then it doesn't carry over to other areas of life. I have never seen anybody train themselves from 80 to 120, so I can't even pretend to know whether this is possible or not. But I tend towards believing that sustained practice, perhaps under proper guidance, would eventually make such an increase possible, given that the individual in question actually put their mind into actively improving. And I'd be quite curious to see whether or not such an increase would pass on to first generation offsprings. And depending on how that "training" took place it might very well carry over to other areas of life, but that'd be up to the individual and the training methods. The moment I started conflating ideas and concepts from completely unrelated subjects was roughly when I started noticing a substantial increase in my own performance when it comes to learning new things. But that could possibly be just an overall change in mentality, as I used to build knowledge from first principles or from ground up. Now I use analogies, fill the gaps and then check for logical errors. The latter method is significantly more efficient, but I doubt it would be possible without solid fundamentals. Point being that there are a numerous potential tweaks to thinking that can be applied to all aspects of life. And again, it has never been shown to be possible to measurably increase IQ. It's been tried. What is possible is to teach people to think in useful ways. But that's not IQ. How hard were they trying though? I recall reading a paper from one of the Ivy League universities that concluded that perfect pitch could not be learned in adulthood. And the argumentation, as well as the experiment itself, was lackluster to say the least. Really hard. As in everything that can possibly be done within legal and ethical means. This is study time on google if that's not enough.
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trepper
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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. The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. There is a difference between IQ and Intelligence. The former being only an attempt to measure the latter. The way I think of it is, there is intelligence and knowledge. IQ is like a processor, and knowledge is the programming. Would you rather have a supercomputer that can only compute prime numbers, or a regular laptop that can do anything? Simply being smart is not enough, it has to be put to practical use. He (rightly) objects to you that IQ is not intelligence, just a (failed) attempt to estimate it. Your metaphor misses the point and proves just one thing: you don't understand what intelligence is. But it's not your fault: your racist brain can't compute such alien concepts, it's intelligent-proof.
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BTCMILLIONAIRE
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February 08, 2018, 10:45:54 AM |
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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. The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. There is a difference between IQ and Intelligence. The former being only an attempt to measure the latter. The way I think of it is, there is intelligence and knowledge. IQ is like a processor, and knowledge is the programming. Would you rather have a supercomputer that can only compute prime numbers, or a regular laptop that can do anything? Simply being smart is not enough, it has to be put to practical use. He (rightly) objects to you that IQ is not intelligence, just a (failed) attempt to estimate it. Your metaphor misses the point and proves just one thing: you don't understand what intelligence is. But it's not your fault: your racist brain can't compute such alien concepts, it's intelligent-proof. How does asserting that genetics play a factor in intelligence make him racist? There's bound to be at the very least some correlation.
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Ibian
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February 08, 2018, 10:46:36 AM |
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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. The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. There is a difference between IQ and Intelligence. The former being only an attempt to measure the latter. The way I think of it is, there is intelligence and knowledge. IQ is like a processor, and knowledge is the programming. Would you rather have a supercomputer that can only compute prime numbers, or a regular laptop that can do anything? Simply being smart is not enough, it has to be put to practical use. He (rightly) objects to you that IQ is not intelligence, just a (failed) attempt to estimate it. Your metaphor misses the point and proves just one thing: you don't understand what intelligence is. But it's not your fault: your racist brain can't compute such alien concepts, it's intelligent-proof. IQ is the single best predictor for life success, especially the ability to make and manage money. Whatever the actual mechanics, the statistics are clear. That's why the richest people in the world are mostly jews, they are the single most intelligent group of people in the world, followed by chinese and japanese and then europeans. Just how it is.
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Ibian
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February 08, 2018, 10:47:31 AM |
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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. The strongest predictor of socioeconomic status is the SES of your parents. On that basis only smart babies choose to be born to wealthy parents  IQ is mostly genetic. There is literally nothing we can do about it, as far as we currently know. Blame your parents if you wish. I disagree with that notion. IQ is a statistical measure of rather arbitrary test results of tests that can be practiced for. If you really cared you could increase your IQ to 120~140ish by sheer effort. From that point onward we're so far to the right of the mean that no tests really exist in sufficient volume. There is a difference between IQ and Intelligence. The former being only an attempt to measure the latter. The way I think of it is, there is intelligence and knowledge. IQ is like a processor, and knowledge is the programming. Would you rather have a supercomputer that can only compute prime numbers, or a regular laptop that can do anything? Simply being smart is not enough, it has to be put to practical use. He (rightly) objects to you that IQ is not intelligence, just a (failed) attempt to estimate it. Your metaphor misses the point and proves just one thing: you don't understand what intelligence is. But it's not your fault: your racist brain can't compute such alien concepts, it's intelligent-proof. How does asserting that genetics play a factor in intelligence make him racist? There's bound to be at the very least some correlation. Lefties are at war with reality. He doesn't actually believe what he says. Nor will you ever get him to define what he means by racist.
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kurious
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February 08, 2018, 10:50:04 AM |
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Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one).
In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled.
For me it is a VERY useful feature. YMMV.
Yep, I use it a lot, saves me watching all night to see if an order has been filled, before putting in the corresponding order. Been a boon with this 'ball bouncing down stairs' action. Helped me to scoop up small wins, which I have then used to hoover up more coin on the way down. Overall stash is down in value of course - but for getting more coin in a downtrend, it's been useful. I just wish you could set the corresponding buy or sell for a different amount of coin (as well as price).
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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February 08, 2018, 10:52:23 AM |
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[edited out]
Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one). In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled. For me it is a VERY useful feature. YMMV. Previously, I had never noticed that feature on Stamp, and just now, in reaction to the information of your post, I looked it up and it looks like something that I may be able to use, perhaps... so maybe I will give it a shot.. it might be useful in some circumstances.. In recent times, I have been selling less BTC than I buy and buying more BTC than I sell, but the feature could still work on a temporary basis until I am able to reset my regular orders, perhaps? And I just did a quick browse at my other exchanges, GDAX, WEX and Gemini, and they do not seem to have such a feature. Possibly, a decently useful feature in some circumstances, like you suggested.. thanks.
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Phil_S
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We choose to go to the moon
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February 08, 2018, 10:53:05 AM |
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Looks like we're going to 9000 and pretty soon.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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February 08, 2018, 10:55:39 AM |
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Thank for the reference to chained orders on stamp. As a recent refugee from BFX, never noticed them before.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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February 08, 2018, 10:56:52 AM |
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Looks like we're going to 9000 and pretty soon.
Are we ready to FOMO yet?
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rjclarke2000
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February 08, 2018, 10:59:24 AM |
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I need 10k back in my life.
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kurious
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February 08, 2018, 10:59:45 AM |
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I must say:
It's been very reassuring to see certain views being challenged in this thread which have been left to pass by without comment before.
I was beginning to wonder, now I find I am not alone. Respect to those who spoke up, it was about time.
'nuff said.
On with WO nonsense in all its flavours.
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Ibian
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February 08, 2018, 11:01:13 AM |
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I must say:
It's been very reassuring to see certain views being challenged in this thread which have been left to pass by without comment before.
I was beginning to wonder, now I find I am not alone. Respect to those who spoke up, it was about time.
'nuff said.
On with WO nonsense in all its flavours.
And still nothing concrete. Why are you being so vague? Why not be clear on what you are even talking about?
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trepper
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February 08, 2018, 11:05:58 AM |
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IQ is the single best predictor for life success, especially the ability to make and manage money.
Notwithstanding the circularity of the argument, the best predictor to make money is the amount of money you have, and the best predictor of this amount is the amount your parents had... get him to define what he means by racist.
This: That's why the richest people in the world are mostly jews, they are the single most intelligent group of people in the world, followed by chinese and japanese and then europeans. Just how it is.
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