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

[death_wish]

I agree, mindrust's goal was always to increase his fiat stash and that is the trap he fell into.

[...]

He forgot 1 BTC = 1 BTC and for that he will always be a cautioning tale.

My motive was greed:  Greed for BTC, not for fiat!  How many times need I say that I calculate PnL in BTC?  (Do the TA-junkie wannabe pro traders in WO know what PnL is? )

One of my favourite price sites, which I have linked several times, is this:  https://usdsat.com/

The inviolate rule of my life is that 1 BTC = 1 BTC.  I have kept that rule sacred.  My problem is that I shorted the dollar; and in the liquidator bot’s opinion, dollars have recently increased in value against BTC.

I have never bought BTC with the intention of “aiming at some high amount of $ per BTC”.  Never!

When I first came to Bitcoin, it was for pure idealism.  I didn’t even want to have money that increased in value—just as long as it didn’t decrease in value like inflationary fiat scrip.  I idealize price-stable money:  My ideal money lets you work for an amount that would buy one loaf of bread today, put the money in your wallet, and then spend it for one loaf of bread next year—or in ten years.  Want more?  Work more.

I did not come to Bitcoin to get rich.  If I had been thinking that way, I would now be rich:  I could have bought a whale-sized chunk for a song, (undisclosed) years ago!

Jesus Christ man take a step back from that fucking keyboard!

Where the fuck in my post did I mention YOU!!!

You replied to OOM, who replied to me and who was discussing me.  I quoted a portion of your post that was relevant to my point; I thought it was well-said, and I sent it a merit.  Your quote is snipped in such a way that makes it seem that I was arguing with you.

[sirazimuth]

How to make an instant Nully post in 3 easy steps…

1. Type “blah” in Notepad.(no quotes)
2. Copy to clipboard.
3. Hold down the “control” and “v” keys for like 5 minutes.
Voila….

[ChartBuddy]

Explanation

[Hueristic]

You replied to OOM, who replied to me and who was discussing me.  I quoted a portion of your post that was relevant to my point; I thought it was well-said, and I sent it a merit.  Your quote is snipped in such a way that makes it seem that I was arguing with you.

My bad if I misread your intention.

Its not hard for me as a man to admit if I was wrong.

[JimboToronto]

A decade and a half ago I closely followed the robotics advances made by David Hanson (Hanson Robotics) while he was a student at UTD. While David himself focused more on the physical aspects of humanoid robots he subcontracted the AI aspects to a group from California. The results were astonishing for that time.

They developed an AI sense of humor (Philip K. Dick), AI altruism (Jules), AI cynicism (Joey Chaos) and other traits mimicking human emotions and behavior.

Now it seems someone has been using the WO as a testing ground for other humanoid AI experiments: AI verbosity and AI egotism.  

[death_wish]

My bad if I misread your intention.

That admittedly was not the clearest or most cogent post I have ever written.  Rather, my “wtf, I’m not mindrust” rant.  Batted out as a distraction, for I am trying to multitask with something that should absorb my full attention:  Write code to make money, so I can regrow my BTC!

I have frankly been grieving.  Because it’s not “only money” to me.  Bitcoin.

Grieving has a proper time.  Then, it is time to move on and be a ruthless mercenary capitalist.

Its not hard for me as a man to admit if I was wrong.

I’ll play one-downsmanship here, and I will win:

I’m the one who just blew away my bitcoins doing something I had previously warned others not to do.  I knew better.  I ignored my own warnings, and paid the price of failing to heed my own wisdom.  Hypocrisy is all the worse for those who are right:  “I told me so.”  I financially checkmated myself with grandmaster-level foolishness—built myself such an intricate, too-clever-for-my-own-good debt trap as no clueless newbie would even have known how to set up, then spent months flailing around trying to escape.  Then, I came to WO and sobbed about it.

Man up and admit it:  I was wronger.

[suchmoon]

How to make an instant Nully post in 3 easy steps…

1. Type “blah” in Notepad.(no quotes)
2. Copy to clipboard.
3. Hold down the “control” and “v” keys for like 5 minutes.
Voila….

Sounds like too much work to mimic someone who only ever writes "This user is currently ignored".

[Gachapin]

hilarious 


Taxes Is The Worst Part Of The Game

https://www.youtube.com/watch?v=DF_PPPNkw1o

[ChartBuddy]

Explanation

[cAPSLOCK]

...
You know, one of the main reasons why mindrust pulled out was greed. He aimed at some high amount of $ per BTC, he said he would never sell below that. When he was about x10 from his entry price he feared to lose more, so he sold everything but 1 BTC (IIRC, which i often doubt, hence my meaningful nickname).
This sets you apart from mindrust, though, only if the (true) motivation for your leveraged long position wasn't greed.

Some derivatives and tools of the financial markets are tempting because powerful if used successfully, but i think Satoshi was very much against them, as parts of the system, so he propagated HODL. This is what you should have done, but it's hard to do follow advice if you only trust in your own judgement. In reality, we are so weak and full of error...

Good luck and act accordingly  

I agree, mindrust's goal was always to increase his fiat stash and that is the trap he fell into.

He fell for the astrology of Masterluc and thought he could rebuy at $1500 IIRC.

He over exposed himself with his buy gamble (effective long) and was terrified of losing fiat value.

He forgot 1 BTC = 1 BTC and for that he will always be a cautioning tale.

The Russian oracle made an astounding call in 2014.  Not only did he nail the top but he described the trajectory of the next couple years to a 'T'.  But broken clocks are right from time to time...  (I always hated that old saw... because you can have a clock that is broken, and just slow... or others... it has the be STOPPED to be right twice a day).

And even since that time some of his analysis has been interesting and even sometimes accurate...

But one thing I have noticed in my years trading thing... Either do you own research and act on it or stay the fuck away from 'trading'.

I wonder how much money good old "bitcoin vanga" cost various sheep along the way?  Not to blame it on them.  No on second thought I blame it on them.

[degxtra1]

If bugs were giant, like 2+ meters tall. Would we still be squeamish about eating them? Or would we hold them like farm animals?

shut up... fc ukp

Your question is politically incorrect. & not only politically.

Be green, SAVE THE PLANET

[death_wish]

oracle
astounding call

Skepticism of trickery and pseudoscience is one of my little hobbies.

Study sometime how astrologers work.  Actual, literal astrologers.  They do make many predictions that prove accurate.  If they didn’t often seem astoundingly prescient, they would have no business.

Similarly as for all manner of psychics, New Age gurus, etc.

Although I can’t be sure without the power to read minds, I suspect that some of them may even sincerely believe in their own powers of prediction.  The rest just take payola to shill for shitcoins on Twitter fleece the fools without conscience.

Though that’s nothing.  Look into how Uri Geller tricked some incautious “scientists” into publicly making fools of themselves.  (Then, check on Geller’s known net worth; his scam is highly profitable.)

Such a hobby tunes up the b.s. detector.  It also gives great pessimism about the unresolved question of whether or not non-artificial intelligence exists.

But broken clocks are right from time to time...  (I always hated that old saw... because you can have a clock that is broken, and just slow... or others... it has the be STOPPED to be right twice a day).

I always heard the aphorism as, “A stopped clock is right twice per day.”

[cAPSLOCK]

If bugs were giant, like 2+ meters tall. Would we still be squeamish about eating them? Or would we hold them like farm animals?

shut up... fc ukp

Your question is politically incorrect. & not only politically.

Be green, SAVE THE PLANET

Who the fuck are you?  Ignored.

[Hueristic]

The Russian oracle made an astounding call in 2014.  Not only did he nail the top but he described the trajectory of the next couple years to a 'T'.  But broken clocks are right from time to time...  (I always hated that old saw... because you can have a clock that is broken, and just slow... or others... it has the be STOPPED to be right twice a day).

And even since that time some of his analysis has been interesting and even sometimes accurate...

But one thing I have noticed in my years trading thing... Either do you own research and act on it or stay the fuck away from 'trading'.

I wonder how much money good old "bitcoin vanga" cost various sheep along the way?  Not to blame it on them.  No on second thought I blame it on them.

I remember a few times back then warning people not to blindly follow his advice (I thought he was manipulating), but people don't listen and I just got tired of having people ignore my advice.

Sheeple like to have their bad choices justified and actually hate people who try to stop them from making them.

I can count on one hand the amount of times I've been thanked over the years when I can only remember one time when I gave bad advice (which sticks in my mind as is still bothers me) and even that was only a 10% loss.

[ChartBuddy]

Explanation

[cAPSLOCK]

The Russian oracle made an astounding call in 2014.  Not only did he nail the top but he described the trajectory of the next couple years to a 'T'.  But broken clocks are right from time to time...  (I always hated that old saw... because you can have a clock that is broken, and just slow... or others... it has the be STOPPED to be right twice a day).

And even since that time some of his analysis has been interesting and even sometimes accurate...

But one thing I have noticed in my years trading thing... Either do you own research and act on it or stay the fuck away from 'trading'.

I wonder how much money good old "bitcoin vanga" cost various sheep along the way?  Not to blame it on them.  No on second thought I blame it on them.

I remember a few times back then warning people not to blindly follow his advice (I thought he was manipulating), but people don't listen and I just got tired of having people ignore my advice.

Sheeple like to have their bad choices justified and actually hate people who try to stop them from making them.

I can count on one hand the amount of times I've been thanked over the years when I can only remember one time when I gave bad advice (which sticks in my mind as is still bothers me) and even that was only a 10% loss.

Yeah... get it.  I try not to give advice very much at all. But I know sometimes I could lead people the wrong direction with an opinion or observation.  But my ethos rests pretty soundly on "what You do it between YOU and the universe.  If you do something silly because of something I said, or did?  Well I am honestly sorry to have been involved in that, but next time DYOR".

That said Baba Lucifer Vanga was definitely acting as the pied piper when he got a hold of the flute...

[degxtra1]

If bugs were giant, like 2+ meters tall. Would we still be squeamish about eating them? Or would we hold them like farm animals?

shut up... fc ukp

Your question is politically incorrect. & not only politically.

Be green, SAVE THE PLANET

Who the fuck are you?  Ignored.

Allright, fuck you, then 

[ChartBuddy]

Explanation

[philipma1957]

Buddy my only warning for today is 22k by tomorrow or face the consequences.

[cAPSLOCK]

Buddy my only warning for today is 22k by tomorrow or face the consequences.

Buddy does not give a fuck about consequences.