Bitcoin Forum
May 18, 2024, 07:34:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 31669 31670 31671 31672 31673 31674 31675 31676 31677 31678 31679 31680 31681 31682 31683 31684 31685 31686 31687 31688 31689 31690 31691 31692 31693 31694 31695 31696 31697 31698 31699 31700 31701 31702 31703 31704 31705 31706 31707 31708 31709 31710 31711 31712 31713 31714 31715 31716 31717 31718 [31719] 31720 31721 31722 31723 31724 31725 31726 31727 31728 31729 31730 31731 31732 31733 31734 31735 31736 31737 31738 31739 31740 31741 31742 31743 31744 31745 31746 31747 31748 31749 31750 31751 31752 31753 31754 31755 31756 31757 31758 31759 31760 31761 31762 31763 31764 31765 31766 31767 31768 31769 ... 33360 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384838 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 03:02:34 PM


Explanation
shahzadafzal
Copper Member
Legendary
*
Offline Offline

Activity: 1554
Merit: 2931



View Profile
January 26, 2023, 03:32:00 PM

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣

So they all fell for the scam?

JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.

https://twitter.com/watcherguru/status/1618613006639980550
BitcoinBunny
Legendary
*
Offline Offline

Activity: 1456
Merit: 2494



View Profile
January 26, 2023, 04:01:04 PM
Last edit: January 26, 2023, 04:15:58 PM by BitcoinBunny

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣

So they all fell for the scam?

JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.

https://twitter.com/watcherguru/status/1618613006639980550

Either SBF was a genius.....

Everything that has transpired has done so according to my design.



Or he was a complete and utter imbecile....


I know-ah nothing. I learn the English from a book. I know-ah nothing. How are-ah you? Why you look upset with the anger? What is the bit of a coin? What you lose? I exchange? What is the C I O? I run the company? FTX? What the Fuck TX mean? I know-ah nothing. How are-ah you?
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 04:02:25 PM


Explanation
JayJuanGee
Legendary
*
Online Online

Activity: 3724
Merit: 10263


Self-Custody is a right. Say no to"Non-custodial"


View Profile
January 26, 2023, 04:08:39 PM
Merited by AverageGlabella (10)

I cancelled my Friday DCA I had made 1x fiat for:
Nov 04 1x
Nov 11 1x
Nov 18 1x
Nov 25 1x
Dec 02 1x
Dec 09 1x
Dec 16 1x
Dec 23 1x
Dec 30 1x
Jan  06 1x
Jan  13 1x
Jan  20 1x
total of 12 fiat pieces of corn
I now have a 2x fiat Dca on Weds

Jan 25 2x

We also are looking into buying a lot of this item
https://youtu.be/xoOPMKbUj9g?t=1
I don’t often quote myself but

Oh gawd...  Roll Eyes Roll Eyes Roll Eyes

this short dca under 90 days and 14 units of fiat put in would be worth 17 units of fiat.

so 1btc=1btc.

but 14x fiat is now 17x fiat in under 90 days.
not bad.

I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance.  Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue.. 

next dca buy will be feb 1

Be like JJG just do your dcas

BTW this is not spot picked since I announced it from week one and showed it from week one to the other weeks.

Of course, part of the difference with you is that you had said that you sold a decent amount of BTC at around $20k.. so I wonder if you even got back all that you sold at around the $20k?  That's one of the risks of selling on the way down rather than on the way up... so usually if you sell on the way up, then you can pretty much structure that you don't lose either way.. so long as the BTC price continues to go up in the long term and you are mostly in profits and you are largely accumulating BTC... but if you are short-term measuring in fiat or even switching your ways of measuring, then you may well ONLY be telling one side of the story.

Another thing is that anyone who started DCA'ing in the past 2-3 years may well still be a decent amount underwater currently.. depending on how they did it in terms of how much front loading that they might have done, whether they employed leverage and/or if they have had a sufficient amount of cashflow and/or dry powder to keep buying when the BTC prices were down (such as below $20k), and we cannot even presume that the $15,479 bottom from November 20 is the lowest that we are going to get for this cycle.

For sure, I would like the BTC price to get back above the 200-week moving average.. which had historically tended to be a floor/bottom price point for BTC (and is currently at about $24,685).. and then I am not sure if I am going to get a lot of confidence that the bottom is in until staying above the 200-week moving average for a significant period of time, and perhaps even getting somewhere close to the 100-week moving average (which is currently at about $37,321).. .. and of course, our ongoing historical low BTC prices and the possibilities that we might have a decent amount of more down (which also is far from guaranteed because we could just go up from here for a bit more, too).. still seems to justify ongoing buying such as DCA for anyone who has not sufficiently and adequately established their BTC stake, which is what?  somewhere between 1% and 25% for normies just getting in (or between 1% and 25% would apply for newbie institutions and newbie governments, too)... if you are just getting into BTC you have to start somewhere  and figure out your level of aggressiveness in terms of what your BTC accumulation levels might be.. how aggressive? and what might be a reasonable/prudent allocation?  Those details can be studied as doing initial reasonable levels of DCA at these prices.. and perhaps a bit of front loading, too?  Don't come crying to me if you lose money?
El duderino_
Legendary
*
Offline Offline

Activity: 2520
Merit: 12103


BTC + Crossfit, living life.


View Profile
January 26, 2023, 04:11:45 PM
Last edit: January 26, 2023, 04:46:17 PM by El duderino_
Merited by Hueristic (1), bitserve (1)

I was a friend …. To the sane BoB - still am….
Still got love for him, nohomo

I can't imagine why.

You were honestly one of the biggest disappointments to me.

Yeah well you know

That just like your opinion man

Not gonna go deeper on it……
Take care, be well again

-better sooner than later

Btw, merit shower would have been larger if it was possible n/k Tongue
JayJuanGee
Legendary
*
Online Online

Activity: 3724
Merit: 10263


Self-Custody is a right. Say no to"Non-custodial"


View Profile
January 26, 2023, 04:32:22 PM

Crypto these days 😂😂

Soruce: TGM
Poets hodling?
O que será que será?
Chico Buarque?
#haiku

Hodl?  If you already established your BTC stash prior to 3 years ago, perhaps you can just HODL through this - especially depending on your stash..

Otherwise you should be buying.. it seems to this here kitty.

Another thing?  Have you established your BTC accumulation, such as 1% to 25% or some other level that you personally figured out?  and even if you believe that you have figured out your sufficient/adequate accumulated amount, might you not need to go over those numbers?  perhaps pick up a bit more? Oh? and another question might deal with whether you might have already picked up some more lillie fiends during various points in the dip since about May/June.. bought some in the lower $20ks or even bought some in the sub $20k price arena?  and yes, likely depends on details of your own situation, so blanket HODL seems to be an outlier scenario.... especially given another fact that we likely have 98.62163449% (I am trying to get in the habit of rounding out to 8 intergers after the decimal) or so of the whole world's population that are either low coiners or no coiners. 
Macadonian
Sr. Member
****
Offline Offline

Activity: 467
Merit: 578


View Profile
January 26, 2023, 04:50:32 PM
Merited by AverageGlabella (5)

I should not need to say this but BUY YOU FOOLS
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 05:02:24 PM


Explanation
philipma1957
Legendary
*
Offline Offline

Activity: 4130
Merit: 7891


'The right to privacy matters'


View Profile WWW
January 26, 2023, 05:24:44 PM
Merited by AverageGlabella (1)


<snip>

I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance.  Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue.. 




[/quote]

I intend to show a long dca for over a year with fiat and btc updating
shahzadafzal
Copper Member
Legendary
*
Offline Offline

Activity: 1554
Merit: 2931



View Profile
January 26, 2023, 05:41:40 PM
Merited by AverageGlabella (2), JayJuanGee (1)

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.

Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.



Very nice, but here's an important question: is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query? In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed. But then, not everyone would want to send their own code to an AI.

Regardless of the above concerns, I'm sure we'll see significant and very exciting developments in the AI field.

Regarding the code which AI generates is pure self written since they fed millions of docs that includes documentation of languages such Javascript, Python etc. Regarding bitcoin code, it's so well documented online that it must have been easy to identify such recommendations. Now the same question which you raised is this code bug free? Answer might be yes and no because bug free may be yes but does it fit in your situation and does it comply in the context you want to put in is a logical question and for that you can't blame AI. Same the for code generated by AI does it need to be added in Bitcoin is not an AI specific question answer.

Yes I have been obsessed with and I believe it’s a disruptive technology but still responsibility comes on the end user. In some cases you have to lead the ChatGPT step by step in a specific way to let it spit out what you are looking for. For example in some cases it might be total nonsense.



But then check this twitter thread

"You're not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it's incredible. (Thread)"
https://twitter.com/parman_public/status/1618544171337515008

He led the ChatGPT from Central Banking, a curse to humanity to a Bitcoin solution Smiley


https://twitter.com/parman_public/status/1618544171337515008

It's interesting to read but that raises a question: whose intelligence is this? The user's or the AI itself?


JayJuanGee
Legendary
*
Online Online

Activity: 3724
Merit: 10263


Self-Custody is a right. Say no to"Non-custodial"


View Profile
January 26, 2023, 05:45:43 PM
Merited by AverageGlabella (10)

BTW, don't blindly trust what OpenAI says. I asked it a technical question, and the answer was totally wrong (albeit with perfect English).

It learns though. I challenged its response, citing a source that proved it was wrong. It apologized, and answered correctly the next time I asked the same question.

Based on the few interactions I've had with it, it's a natural language-polished source of raw data, without much "concern" about their accuracy or even correctness. Don't rely on it. Not yet anyway.
Apparently its really good at coming up with creative solutions to coding problems. The way it "thinks" about coding is uninhibited by traditional concepts of what commands can or should be used for what, allowing it to generate sleek, perfectly-functioning code.

Very nice, but here's an important question: is the resulting code generated by the AI itself, or is it just being pulled off some page on the internet, based on the real (human) programmer's description and how well it matches the query? In any case, how can one be sure that the code is bug-free? Also, is the AI engine capable of avoiding, detecting, and possibly correcting, bugs that are more complex than syntax errors or simple overflow/memory corruption cases? I'm talking generally here, and not specifically about the code you posted.

The possibilities of an AI generating efficient code that goes beyond conventional coding practices is very exciting, but I would avoid using the generated code in a copy/paste fashion. I'd prefer to have the AI check my own code, in case it can spot bugs I missed. But then, not everyone would want to send their own code to an AI.

Regardless of the above concerns, I'm sure we'll see significant and very exciting developments in the AI field.

Makes a guy/gal go "hm?"  If you do not want to send your code to an AI (for proof-reading or whatever), then it's almost like you have to create your own bot for that purpose, and forbid such bot from sharing your information with other bots (a kind of bot NDA - to the extent you can trust a fucking bot to not stab you in the back - back stabbin bot, bawb?).

I don’t know why but I felt it amusing… sorry for thevinnocent people who lost their savings but Apple, Binance and Netflix hahaha 🤣
So they all fell for the scam?
JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.
https://twitter.com/watcherguru/status/1618613006639980550
Either SBF was a genius.....
Everything that has transpired has done so according to my design.

Or he was a complete and utter imbecile....
I know-ah nothing. I learn the English from a book. I know-ah nothing. How are-ah you? Why you look upset with the anger? What is the bit of a coin? What you lose? I exchange? What is the C I O? I run the company? FTX? What the Fuck TX mean? I know-ah nothing. How are-ah you?


I don't know why it has to be either or, and also, there were a lot of fucking people involved in this.. he was not even close to competent enough to set up that many different organizations.. even though sure, he had some leadership, figure head and even playing the part of acting like he knew what the fuck was going on, including some of the various obvious fake bullshit.. but then people say that they had some pretty good code in terms of some of the trading engine design.. even though it was stealing money at the same time.. .. full time stealing?  not sure about that..  I did not even use that exchange at all, so I can ONLY speak to what people were saying about it.. and yeah if there are some products that were innovative.. but they were illegal too.. but maybe they were just overly risky, but sometimes there can still be some interesting trading pairs if they had not been manipulated that could be figured out ways to make legal.. maybe?
Paashaas
Legendary
*
Offline Offline

Activity: 3430
Merit: 4358



View Profile
January 26, 2023, 05:59:05 PM
Merited by El duderino_ (9), BitcoinBunny (4), philipma1957 (2), Hueristic (1), jojo69 (1), d_eddie (1), DdmrDdmr (1), OutOfMemory (1), AverageGlabella (1)

snip

Gallbladder surgery successfully conducted without any complications and her health has a positive prosperous outcome. Smiley

Went to the beach today, of course not for a long walk but for some fresh air and having lunch at the restaurant that is located near us. Gave her a hand to hold on for extra balance was necessary.

Vacation to Egypt postponed which i hope will be fruitful without any unexpected circumstances.

ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 06:02:36 PM


Explanation
AverageGlabella
Legendary
*
Offline Offline

Activity: 1232
Merit: 1080


View Profile
January 26, 2023, 06:04:35 PM

snip

Gallbladder surgery successfully conducted without any complications and her health has a positive prosperous outcome. Smiley

Went to the beach today, of course not for a long walk but for some fresh air and having lunch at the restaurant that is located near us. Gave her a hand to hold on for extra balance was necessary.

Vacation to Egypt postponed which i hope will be fruitful without any unexpected circumstances.


Congrats on the successful surgery! I know how painful that can be and the surgery is 100% worth the recovery. Speedy recovery to your wife!
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 07:02:28 PM


Explanation
eXPHorizon
Full Member
***
Offline Offline

Activity: 1190
Merit: 132


Precision Beats Power and Timing Beats Speed.


View Profile
January 26, 2023, 07:07:16 PM

You said it was forever but then it slipped away Sad .. THE FINAL MASQUERADE
JayJuanGee
Legendary
*
Online Online

Activity: 3724
Merit: 10263


Self-Custody is a right. Say no to"Non-custodial"


View Profile
January 26, 2023, 07:19:46 PM
Merited by AverageGlabella (3)

I should not need to say this but BUY YOU FOOLS


Inquiring minds want to know?  Do you know something?  What are the parameters?  How might the scenario that you are describing not be true? 

I am not even proclaiming any disagreement with your overall punchline.

What about your recommendation for d_eddie?  D_eddie told us to HODL...

My understanding of HODL and BUYDL are different, except they both have DON'T SODL in common... which seems to be an easy recommendation of not to SODL at these prices.. but you cannot stop people from trying to be "smart" and even though we likely realize that there are some "smarter than everyone else" folks who are not even uncommon who are likely selling around these price points. 

That reminds me.. has anyone heard of TrustedBitcoiner?

<snip>
I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance.  Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue.. 
I intend to show a long dca for over a year with fiat and btc updating

Fair enough.. Do what you like.

Yet, I think that my point still stands in terms of how long you might be measuring.  So for example, if you start to measure in November 2022, then part of my point is that you may well need to see one whole cycle which would bring your measuring out to November 2026, or even a couple of cycles if you want to really recognize and appreciate the compounding effects which could well bring you out to something like November 2030.

Another point that I made is that if you are trying to be somewhat representative of what might be going on with any portfolio, you likely need to represent from where you started, which in your case seemed to have been generating money by selling low and hoping to buy back even lower... which may or may not have been successful, but surely tends to be a risky as fuck practice that hardly would be representative to be suggesting from here on out I am using certain authorized levels of cash to buy back in increments.. and gosh the story is seeming so incomplete.. and sure, I am not suggesting that you need to tell everything.. but there are ongoing problematic areas.

I remember your paypal buys for a while that ended up petering out without any updates, and there have been various threads on the forum in which someone begins a kind of DCA approach, and there are not too many that even last a year, even though surely it would not be a bad idea if someone were to want to try to have some kind of an ongoing thread and/or presentation on the topic - and would not even necessarily need to use the actual numbers.. but to make some kind of an attempt at representing personal performance.. or even the establishing or BTC accumulation goals and then reaching or exceeding them, or sometimes maybe realizing that the goals might be too lofty..

There have been somewhat seemingly weird cases too.. like the mindrust example, and sure maybe he was too specific and too disclosing in terms of his particulars, but even though seemingly weird, it ended up being pretty damned realistic and representative of what can happen to people.

I understand that sometimes any of us want to be careful in terms of disclosing too much including that if we might say that we have a fairly modest goal, and then all of a sudden, a few years later, we are realizing that our modest goal seems like an amount that has become completely unobtainable by a vast majority of normies, and I have even said that with my own current means, I would have trouble accumulating even 5% or 10% of my 0.63 BTC or whatever it is..,. so the truth of the matter is that sometimes 1-2 cycles, or 4-8 years down the road, the earlier amounts of BTC that had been accumulated may well become unattainable for people of similar starting means, but does not necessarily mean that they should not start some kind of a similar process.. even though there are no guarantees.. and also degrees of accumulation might not even be close to as possible years down the road, but we are not necessarily going to know.. ..

So for example, I had a lot of cashflow issues in mostly early to mid 2015, and some of those cashflow issues were starting to resolve themselves by the end of 2015, and those somewhat resolutions of my cashflow were not completely related to the BTC price rising - yet surely, it did not hurt my cause that BTC prices started to rise and also that there was a kind of cushion in terms of having value in BTC, even if I had not authorized myself to sell much if any of my BTC as it rose in price from late 2015 and slowly through 2016 and more violently (even though not certain) through 2017.. and part of the point that I was wanting to make is that sometimes I would have an extra $20 come in and then I would use that $25 to buy $12.5 worth of bitcoin (0.05 BTC), and similar dynamics were going on with higher amounts of cashflow such as if $250 extra came in to buy $125 worth of bitcoin (0.5 BTC), currently those amounts of BTC purchases seem outrageously high.. in the event that any of us might have been able to continue to hold and not sold those BTC through the subsequent years in which there were temptations to sell when it went up at various times.. and maybe even fear about buying back since if the price might have been $2,500 per coin in mid 2017, then we might psych out our lil selfies into believing that the BTC price is too high because in 2015, I used to be able to buy 0.5 BTC if I had $125 extra cash, but when the BTC price is up to $2,500 per coin, I can only get 0.05 BTC with that same amount.. .and of course, now if the BTC price gets up to $25k, then I will ONLY be able to buy 0.005 with that same $125, which does not mean that I should stop buying, but sometimes we might end up psyching ourselves out by the changes in prices and we also might end up disclosing way more specifics than we should have disclosed in our earlier attempts to be specific and forthright with the contents and details of our posts.
AverageGlabella
Legendary
*
Offline Offline

Activity: 1232
Merit: 1080


View Profile
January 26, 2023, 07:22:04 PM

That reminds me.. has anyone heard of TrustedBitcoiner?
Should I of heard of them? Who or what is trustedbitcoiner?
ChartBuddy
Legendary
*
Offline Offline

Activity: 2184
Merit: 1777


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 26, 2023, 08:02:29 PM


Explanation
Pages: « 1 ... 31669 31670 31671 31672 31673 31674 31675 31676 31677 31678 31679 31680 31681 31682 31683 31684 31685 31686 31687 31688 31689 31690 31691 31692 31693 31694 31695 31696 31697 31698 31699 31700 31701 31702 31703 31704 31705 31706 31707 31708 31709 31710 31711 31712 31713 31714 31715 31716 31717 31718 [31719] 31720 31721 31722 31723 31724 31725 31726 31727 31728 31729 31730 31731 31732 31733 31734 31735 31736 31737 31738 31739 31740 31741 31742 31743 31744 31745 31746 31747 31748 31749 31750 31751 31752 31753 31754 31755 31756 31757 31758 31759 31760 31761 31762 31763 31764 31765 31766 31767 31768 31769 ... 33360 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!