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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484838 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.)
San1ty
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March 10, 2014, 12:53:37 PM


*SNIP TO AVOID SPAM*

Didn't know about the volume error when not refreshing page. Sounds plausible, but seems benign to me if it's solved with a reload.

Re: MACD. Did you account for different MACD parameters? Both tradingview and btcwisdom allow you to set your own parameters, which in case of tradingview includes price source itself.

Yes I did :-). I'm pretty sure it's a real issue.
ChartBuddy
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March 10, 2014, 01:02:30 PM


Explanation
ErisDiscordia
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March 10, 2014, 01:07:46 PM

to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?

I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?

I draw no lines, I see a spectrum.

Let's forget the left-wing/right-wing spectrum - the important spectrum in my opinion stretches between authoritarianism/totalitarianism and anarchy.

I advocate the movement towards the anarchy part of the spectrum. Not in any violent, preferably not even sudden manner, because I think that would cause confusion and suffering. I do this because I am convinced that decentralized/voluntary/anarchistic forms of societal organization are far superior to centralized forms in terms of their efficiency. We can observe the same with technological solutions such as Bitcoin or P2P filesharing. They eliminate central points of failure (which in the case of societal institutions serve as corrupting power centers on people in their proximity), improve feedback and information accuracy (communication is only possible between equals aka. a man holding a gun to your head will only be told what his victim thinks won't make him pull the trigger) and boost resource usage efficiency (compare the cost of running even theoretically 1000x upscaled Bitcoin network to the cost of the current financial industry). I could go on about the practical reasons of why I advocate decentralization and anarchy. I leave the moral reasons to the moralists. I'd rather discuss my favorite band or writer, not my favorite set of morals Smiley

Besides all that, I simply think that "No thanks, I don't want to be governed by ANY of these choices present" is a legitimate position which should be honored just as much as the picking of a certain candidate. That this opinion is basically considered invalid by the current system makes me uneasy.

Oh yeah and about the eternal "what about the roads/fire department/schools/etc." - let's build them. Now that we have Blockchain technology and an increasingly stable currency on top of it we can build all sorts of things on a voluntary and decentralized basis at least for the reason that we don't want to be dependent on the government providing these services. Wouldn't that be a neat thing? Grow the institutions to replace the current system from the ground up. Let's plant some seeds.
JorgeStolfi
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March 10, 2014, 01:08:09 PM


I'm the one claiming lot's of data that bitcoinwisdom is showing is fucked up:

[ ... ]

Volumes are correct if you refresh the page, but if you keep it open for a couple of hours (without internet connection loss obv). It'll start showing some real messed up volumes for the past couple of candles. If you refresh the page after that the volumes will be correct again.
[ ... ]

Ah!  Thanks...
zyk
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March 10, 2014, 01:21:29 PM

Not really. It can have two winners. I bought at 300$ and sell for 600$, because I want to buy a camera. Then the prices rises to 900$, like you predicted. So buyer and seller win.
Rather: the guy you bought from (if he got for free) won 300$, you won 300$, the chap you sold to won 300$, ahd the chap he sold to lost 900$. Smiley
No, the last guy didn't lose $900, he got bitcoin...

and therefore he is an all out loser....having been trapped and still is going to be plundered  by Mark and his buddy - criminals at TBF !
aminorex
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March 10, 2014, 01:29:26 PM

to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?

I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?

What is so difficult to imagine? People would shop for security, fire protection services and schools the same way they shop for anything else. The needy would be provided for by voluntary charity. We draw the line at the the initiation of force. Initiating or threatening violence is not what holds communities and society together.

What is difficult for me to imagine is why anyone not wealthy would want to live in that sort of environment.

What is difficult for me to imagine is why anyone would think that we don't already live in that sort of environment.

One of the service providers, working for the highest bidder, is called the state.  It runs an extortion racket on the side, and occasionally kills a few million people at a go.
aminorex
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March 10, 2014, 01:34:41 PM

i highly doubt that during the process of transformation towards such a system the whole problem with gobal monopolistic companies backing up their status by influencing politics would simply disappear. Privatization in certain economical sectors like water or electrical power supply has led to very ugly developments at the expense of citizens in a lot of countries around the world.

global monopolistic companies owe their existence to global monopolistic governments.  you can't have one without the other.  the centralized state is no less causally responsible for the privatized water arrangement operated by a centralized corporation than it is for the socialized water arrangement operated by a central state.
Todorius
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March 10, 2014, 01:50:46 PM

Why the dumping today from 640ish to 620 ish?
Any specific news or just regular price fluctuation?
freebit13
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I got Satoshi's avatar!


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March 10, 2014, 01:56:51 PM

Not really. It can have two winners. I bought at 300$ and sell for 600$, because I want to buy a camera. Then the prices rises to 900$, like you predicted. So buyer and seller win.
Rather: the guy you bought from (if he got for free) won 300$, you won 300$, the chap you sold to won 300$, ahd the chap he sold to lost 900$. Smiley
No, the last guy didn't lose $900, he got bitcoin...

and therefore he is an all out loser....having been trapped and still is going to be plundered  by Mark and his buddy - criminals at TBF !
But if he hodls for a year he'll be the overall winner.
hdbuck
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March 10, 2014, 01:56:57 PM

Why the dumping today from 640ish to 620 ish?
Any specific news or just regular price fluctuation?

<---   this  Smiley
ShroomsKit_Disgrace
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March 10, 2014, 01:57:25 PM

Why the dumping today from 640ish to 620 ish?
Any specific news or just regular price fluctuation?

Quote
"sheeps"

Quote
"dump because dump"

Quote
"panic sells"

Quote
"why why why?"
Richy_T
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March 10, 2014, 01:58:19 PM

Viewing taxation as theft (or as an involuntary taking) is bringing the wrong framework b/c questions about taxation are a lot more complicated than theft  or other categories of involuntary takings.

I disagree. And since you seem to be disinclined to get into the weeds (and this is the wrong forum in any case), I guess that's the end of it.
octaft
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March 10, 2014, 01:58:50 PM

to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?

I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?

Oh yeah and about the eternal "what about the roads/fire department/schools/etc." - let's build them. Now that we have Blockchain technology and an increasingly stable currency on top of it we can build all sorts of things on a voluntary and decentralized basis at least for the reason that we don't want to be dependent on the government providing these services. Wouldn't that be a neat thing? Grow the institutions to replace the current system from the ground up. Let's plant some seeds.

Yeah, let's build them! Let's take your knowledge of building roads, my knowledge of building roads, and combined, I'm willing to bet that we'll have a total of zero knowledge of how to build roads. Since we can't do it, someone will have to. But that someone is going to want to be paid for their investment/hard work, so you'll probably have to pay tolls every few miles. Oh, wait, some people can't afford those tolls. Those people better stay home or get ready to walk it, because they're fucked.

The same logic can be applied to pretty much everything else. It's a good society...for those who can afford it. But hey, at least we don't need those poor deadbeats mooching off our roads and having police protection and shit. That's reserved for the people who deserve it. That's for the people with wealth.

Dreams and reality rarely intersect.
ChartBuddy
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March 10, 2014, 02:02:28 PM


Explanation
hdbuck
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March 10, 2014, 02:02:44 PM

to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?

I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?

Oh yeah and about the eternal "what about the roads/fire department/schools/etc." - let's build them. Now that we have Blockchain technology and an increasingly stable currency on top of it we can build all sorts of things on a voluntary and decentralized basis at least for the reason that we don't want to be dependent on the government providing these services. Wouldn't that be a neat thing? Grow the institutions to replace the current system from the ground up. Let's plant some seeds.

*snip

Dreams and reality rarely intersect.

Isnt reality built upon dreams? all that MLK "i have a dream" or "the american dream" and so on doesnt ring a bell? Grin
BubbaGumpShrimpinBoatCapn
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March 10, 2014, 02:03:00 PM

to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?

I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?

Oh yeah and about the eternal "what about the roads/fire department/schools/etc." - let's build them. Now that we have Blockchain technology and an increasingly stable currency on top of it we can build all sorts of things on a voluntary and decentralized basis at least for the reason that we don't want to be dependent on the government providing these services. Wouldn't that be a neat thing? Grow the institutions to replace the current system from the ground up. Let's plant some seeds.

Yeah, let's build them! Let's take your knowledge of building roads, my knowledge of building roads, and combined, I'm willing to bet that we'll have a total of zero knowledge of how to build roads. Since we can't do it, someone will have to. But that someone is going to want to be paid for their investment/hard work, so you'll probably have to pay tolls every few miles. Oh, wait, some people can't afford those tolls. Those people better stay home or get ready to walk it, because they're fucked.

The same logic can be applied to pretty much everything else. It's a good society...for those who can afford it. But hey, at least we don't need those poor deadbeats mooching off our roads and having police protection and shit. That's reserved for the people who deserve it. That's for the people with wealth.

Dreams and reality rarely intersect.

Im poor, and i am ok with staying home.  Bring on the anarchism.
niothor
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March 10, 2014, 02:06:09 PM


Im poor, and i am ok with staying home.  Bring on the anarchism.

Shouldn't you say "bring some food and hookers" ?
NotLambchop
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March 10, 2014, 02:10:33 PM

...I am convinced that decentralized/voluntary/anarchistic forms of societal organization are far superior to centralized forms in terms of their efficiency...

This is not, nor has it been in recent history, a reality.  The fact that such arrangements have never persisted is, in itself, proof of their implausibility.  A world where there is no crime, for instance, is superior to a world where crime exists.  But such an ideal is as implausible as the utopian volunteerism you describe.  
aminorex
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March 10, 2014, 02:14:17 PM

...I am convinced that decentralized/voluntary/anarchistic forms of societal organization are far superior to centralized forms in terms of their efficiency...

This is not, nor has it been in recent history, a reality.  The fact that such arrangements have never persisted is, in itself, proof of their implausibility.  A world where there is no crime, for instance, is superior to a world where crime exists.  But such an ideal is as implausible as the utopian volunteerism you describe.  

Huh? What utopian volunteerism?  Are you hallucinating or am I sleeping?  Both?
BubbaGumpShrimpinBoatCapn
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March 10, 2014, 02:17:12 PM


Im poor, and i am ok with staying home.  Bring on the anarchism.

Shouldn't you say "bring some food and hookers" ?

Well i have guns, property with extensive gardens,  and a long time girlfriend... So dont need food or hooks.  I would trade food for ammunition and solar panels, but depending on when shit hits the fan i may not need those thing by then.
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