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

[Arriemoller]

Thank you heslo and somac, Fuck you makrospex.

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[Arriemoller]

Hey realr0ach, you know those flags you put in the Christmas tree, where can I find the third reich version of them?

(don't get your hopes up, I'm not becoming a nazi).

[Last of the V8s]

https://github.com/cashshuffle/spec/blob/master/CASHFUSION.md

it is just possible that an altcoin did a thing

THE PROBLEM:

CashShuffle is a powerful tool for obfuscating the origin of a coin. However, after shuffling a wallet, a user will inevitably wish to consolidate several coins, and for this another tool is needed. We need a method to coordinate coinjoin transactions with multiple inputs per user. This is inherently challenging because we want to hide input linkages while simultaneously attempting to blame/ban users who don't sign all their inputs.

THE SOLUTION:

We propose a blind verification scheme in which each input and output is validated by a random player, using a series of cryptographic commitments that allow an uncooperative participant to be identified and banned.

CashFusion provides high levels of privacy via a flexible scheme that allows an arbitrary number of inputs and outputs of non-standard amounts. It provides anonymous, trustless coordination with usually zero-knowledge of linkages revealed to other players or the server.

[dragonvslinux]

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.

TA is based on probability, that is based on mathematics, 1s and 0s. The latter has been reliably tested for thousands of years. The former, for only a couple of hundred maybe.
Economics is based on a load suits in a room deciding whey think is best to do with their money, at the detriment of anyone else.
My faith in mathematics is inexplicably higher than any moronic human species based intelligence.
Believe what you want, I know what I'll be putting my money on: 1s and 0s.

TA has almost nothing to do with math, it is mostly interpretation of the prior data with Fibonacci numbers thrown in to give it a 'pseudo'-scientific feel.
However, if it works for you due to some 'hidden' parameter that you don't even realize exist, so be it.
Happy trading!

Technical indicators are exclusively based on mathematics, the source code would tell you this if you bother to read them, but never-mind.

Thanks @dragonvslinux's nice charts, i like it very much.
Talking about TA and Economics :
Economics (macro) tells an investor what to invest;
TA(micro) tells the investor when to buy.

Smart and well put. Admittedly it's the economics of Bitcoin that drew me to this asset class, so I won't deny it's validity. I'm out of merit so bookmarked  
Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself 

[El duderino_]

^
Pay your debts

[El duderino_]

The Bargain Boyz have kicked off the celebration early with some pints of shandy, happy to have loaded up their F-150s with sub $7k corn.



I suspect we won't hear from them in a while, but who knows what will actually happen? To be continued...

Didn't you hear that they are still waiting to buy, those dweebs.

Someone caught a slow motion video of them this morning, and I don't think that they are faring too well...

They are not really in very good shape.

Incorrect, they are in their prime with excellent blood pressure. Spend less time revenge typing and you should experience some health benefits yourself.  

Remember you are missing the train I caught long ago. To get on that train you need to divest out of your questionable investments and up your percent of investment in King Bitcoin.

Id recommend something respectable as a bare minimum, like 50 As high as possible percent of net worth devoted to the  King.

Typing walls for 50 percent of your life is a time investment, not a financial one.  

Besides some bollux we can agree on a lot as well

[dragonvslinux]

^
Pay your debts

Oh lol, I edited my post above, and already done   I see what you did now  

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself  

I'm clearly not great at understanding economics  

[psycodad]

Any way, Christmas is over, let’s get back to doing what we do best......

Observing walls, checking the price too many times a day & dreaming of the MOON!

  I wish!

  Bought dad a 1TB SSD for Christmas to speed up his computer a bit ...

<snip>

Been there too, swapped parents spinning rust against SSDs, now they often think they forgot to shutdown because it boots so quick to login screen (Linux, as I have several medical certificates allowing me to stay clear of any MS products).

The best way to accelerate Windows is at escape velocity.

[El duderino_]

^
Pay your debts

Oh lol, I edited my post above, and already done  I see what you did now 

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself 

I'm clearly not great at understanding economics 

Why? It benefits two posters right now

[mindrust]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

[HairyMaclairy]

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations.  

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?

[Globb0]

Well shit, that is gonna fuck my recommended all up now.

I think you can delete individuals from your history

[dragonvslinux]

^
Pay your debts

Oh lol, I edited my post above, and already done  I see what you did now 

Edit: Merited you, thanks micgoossens for +2, though next time maybe just merit the user's post yourself 

I'm clearly not great at understanding economics 

Why? It benefits two posters right now

I already explained 

I'm clearly not great at understanding economics 

TA is voodoo, it NEVER works reliably. Economics of the process is what actually works.
BTW: in the hypothetical surrogate TA observation that temperature is lower in the winter than in the summer (in northern hemisphere) what is more important: the "TA" observation or the knowledge of orbital tilt and planet rotation around the star?

Ah fundamentals v TA. An argument as old as the hills. The challenge being that economics is not the dismal science, but rather no science at all. And there is no rational economic explanation for short term price perturbations. 

Think of it this way.  TA is the study of the psychology of price discovery.  TA is asking the question - what will the crowd do when X happens?  And how can you make the crowd do Y?

True story. That psychology of price discovery, unrelated to economics, is also the psychology of "human rationality" or more specifically "the herd".
Humans are far from rational, instead they act like most animals in a herd like mentality: they lack basic intelligence when panicked or feeling threatened.

[El duderino_]

via Imgflip Meme Generator

[LFC_Bitcoin]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2 Option 3

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 option 3 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc

Edited - To say what I meant - option 3

[mindrust]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement   Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

[realr0ach]

Kind of interesting how Visa and other Jewish moneychanging crime organizations try to cut off gun stores from using their payment processing for gun purchases in an attempt to disrupt and ban the 2nd amendment, yet they allow digital shitcoin debit cards to be made.  It's almost as if Jew scum are endorsing cashless society slavery system tokens while trying to ban the 2nd amendment.  And yet, they sure as hell don't want you using any type of cards or fiat for purchasing physical metals either!

[LFC_Bitcoin]

My term deposit at bank is about to mature after 6 months. I'm getting like $1k for this shitty investment. And what is worse, the interest rates got halved. Next time, I'll be getting like $500 for the same investment at the same bank.

I am making a big decision here:


Option 1: Keep collecting peanuts. Keep DCA'ing.

Option 2: Buy the dip, Keep DCA'ing. (1-2 btc)

Option 3: Nuke everything and become a 1 million club member while I still can. (all in)

*Option 3 violates my investment rules. Violates it like fuck all gimme lambo.

Option 2

I’m in the same boat. I have $xxx,xxx value in bitcoin.

I have $xx,xxx value in fiat savings.

I’m absolutely balls deep in bitcoin to be honest, probably way over invested than any sane person should be.

I currently get 1% interest per annum which on the fiat savings which is fucking pathetic. I really should pump it all into bitcoin like your option 2 says. It is nice to have some back up cash just incase something happens especially as I’m self employed - i.e. no sick pay, holiday pay etc.

Pump all is "option 3" I believe. Typo?

You current net worth is my target networth for my retirement   Anything over 500k, and I am done. The closer it gets to $1m, the better it is though.

I guess I'll do option 2, and get 1 step closer to the double digits.

I’m close to mid 30’s, $500,000 isn’t enough for me in the UK. My plan is $2,000,000 - $3,000,000 but everything looks simple on paper doesn’t it.

I will never sell all my bitcoin’s though.

And yes typo - Option 3 lol

[ChinkyEyes]

There is no such thing as being over invested in bitcoin. Pour all that filthy fiat into this imaginary digital gold token shit.

Nobody has ever gotten rich, from not taking any risk

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,287