Bitcoin Forum
March 28, 2024, 04:48:20 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 [341] 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 »
  Print  
Author Topic: rpietila Wall Observer - the Quality TA Thread ;)  (Read 907152 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.
rpietila (OP)
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
March 12, 2016, 09:07:50 AM
 #6801

This one is still cheap, perhaps the single best (most negative beta) hedge to a "traditional portfolio"

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
1711644500
Hero Member
*
Offline Offline

Posts: 1711644500

View Profile Personal Message (Offline)

Ignore
1711644500
Reply with quote  #2

1711644500
Report to moderator
macsga
Legendary
*
Offline Offline

Activity: 1484
Merit: 1002


Strange, yet attractive.


View Profile
March 12, 2016, 11:02:39 AM
 #6802


Oh, but I do... my awful trading skills brought me lower than my original 5-digit position, but oh well... Grin

Chaos could be a form of intelligence we cannot yet understand its complexity.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2772
Merit: 1019



View Profile
March 12, 2016, 11:12:50 AM
 #6803


I wonder why XMR hasn't profited yet from the outflow of BTC to alts... any explanation?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
BldSwtTrs
Legendary
*
Offline Offline

Activity: 861
Merit: 1010


View Profile
March 12, 2016, 11:17:56 AM
 #6804

It doubled over last month.
birr
Hero Member
*****
Offline Offline

Activity: 867
Merit: 584


View Profile
March 12, 2016, 01:58:37 PM
Last edit: March 12, 2016, 02:18:28 PM by birr
 #6805

The draft needs to go through the hands of a proofreader.
I used to proofread legal and financial documents for a living, and I was shocked when I read this thing.  The current draft isn't fit to see the light of day.
Risto, I see in another thread that you suggest using your Monero value proposition document as a pitching tool.  Anyone contemplating doing so really should go through it beforehand to correct the many glaring errors, for example
Monero’s total market valuation should compare to the other asses mentioned above.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2772
Merit: 1019



View Profile
March 12, 2016, 02:10:36 PM
 #6806


I stand corrected. Didn't look correctly (or at all). Just saw: hmm, it's still at the price I got in, so it hasn't moved... pretty stupid of me Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
aminorex
Legendary
*
Offline Offline

Activity: 1596
Merit: 1029


Sine secretum non libertas


View Profile
March 12, 2016, 08:52:10 PM
 #6807


I stand corrected. Didn't look correctly (or at all). Just saw: hmm, it's still at the price I got in, so it hasn't moved... pretty stupid of me Wink


That's why, even if you don't want to trade, you should at least cost-average, in a disciplined manner.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2772
Merit: 1019



View Profile
March 13, 2016, 06:46:50 PM
 #6808


That's why, even if you don't want to trade, you should at least cost-average, in a disciplined manner.


I think I will need some software to do that for me.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Bios Optimus
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
April 21, 2016, 06:25:01 PM
 #6809

we can fuel the rocket without rpietila!!!
rpietila (OP)
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
April 21, 2016, 06:30:02 PM
 #6810

we can fuel the rocket without rpietila!!!

 Cheesy how many of the "bitcoin is a bubble" theme song (March-2013) featured stars are still active in the forums?

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
Bios Optimus
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
April 21, 2016, 06:35:14 PM
 #6811

we can fuel the rocket without rpietila!!!

 Cheesy how many of the "bitcoin is a bubble" theme song (March-2013) featured stars are still active in the forums?

Yeah man I wish you were still keep this thread going I really enjoyed it.  So if it starts to run up again are you going to post more on here?
JayJuanGee
Legendary
*
Online Online

Activity: 3668
Merit: 10064


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


View Profile
April 21, 2016, 07:03:40 PM
 #6812

we can fuel the rocket without rpietila!!!

 Cheesy how many of the "bitcoin is a bubble" theme song (March-2013) featured stars are still active in the forums?

Yeah man I wish you were still keep this thread going I really enjoyed it.  So if it starts to run up again are you going to post more on here?


hahahahaha


He will post about martians, his dreams and various other at the moment off topics in order to bring us "quality TA"  or maybe, Monero, as an alternative "quality" topic?

 Wink

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
rpietila (OP)
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
April 22, 2016, 06:58:20 AM
 #6813

The situation with Bitcoin/USD seems remarkably similar to the one in late September 2013. A quick and violent runup is a few months old, and the price is nearing the levels where it collapsed (in this time I am referring to the $500 top last year, not to the ATH).

Volume is down, yet price is eking upwards. This is a very bullish sign. It tells that the supply is exhausted and buyers are trying to not fall upon each other. It can turn explosive (see Oct-2013) literally any day from now with all the symptoms of FOMO appearing in a few weeks, the ones that have been absent for "so long".

By "explosive", I don't mean $600 in 4 weeks, I mean something like $multiplethousands in 2 months, and in a less explosive version the peak would be higher and time a little longer but still during 2016.

Study the TA! (JJG  Wink ) Whenever there are similarities in charts, be prepared. Bitcoin rallies exactly when the general belief for a rally to happen is the lowest. I remember fondly that in Feb-2015 in the self-nominated World Bitcoin Elite meeting (Satoshi Roundtable I) was almost unanimously short in BTC. As you can see by checking back, the meeting was the turnpoint in BTC price, hopefully the delegates did not get burnt too badly and the rise was from their covering of shorts, not their burning  Grin

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
April 22, 2016, 07:15:29 AM
 #6814

Similar to what I said earlier today:

My commentary on current BTC volume:

It likely means miners stopped selling, so welcome to 90 days of enormous supply crunch.  The volume will be turned on when we reach a level where some random guy that owns lots of coins believes we have hit a price that is unsustainable pre-halving, which is not going to be below $500 by anyone's standards.  Then the long, drawn out game starts of people trying to sell high, buy lower, or short, with others trying to squeeze or lock out sellers and forcing them to buy back in.  Then we get the volatility that can do just about anything except go below the first double bottom after volume kicks in...another asymmetric trade.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
rpietila (OP)
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
April 22, 2016, 07:41:32 AM
 #6815

Similar to what I said earlier today:

random guy that owns lots of coins believes we have hit a price that is unsustainable pre-halving

Low volume means that random guys owning lots of coins that they are willing to sell in this price domain (anything less than a few thousand$ per BTC) is drying up. We've been here for so long, if anyone wished to sell, he had plenty of time to do so.

And for sure, the random guys are not a renewable. We had a lot of them, but tell me how many exist any more! Not so many.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
Hunyadi
Legendary
*
Offline Offline

Activity: 1281
Merit: 1000


☑ ♟ ☐ ♚


View Profile
April 22, 2016, 07:51:02 AM
 #6816

Excellent post by Risto! It's starting to feel like old times  Cool

▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
April 22, 2016, 08:01:45 AM
 #6817

Low volume means that random guys owning lots of coins that they are willing to sell in this price domain (anything less than a few thousand$ per BTC) is drying up. We've been here for so long, if anyone wished to sell, he had plenty of time to do so.

And for sure, the random guys are not a renewable. We had a lot of them, but tell me how many exist any more! Not so many.


I meant the price will rise from supply being dried up until some guy sitting on a bunch of coins thinks the market is overextended.  He will then sell in hopes of buying back cheaper, then the volume and volatility starts.  I didn't mean the guy wanted to dump for no reason.  Only a fool would want to sell and walk away right now.

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
rpietila (OP)
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1036



View Profile
April 22, 2016, 08:22:27 AM
 #6818

Low volume means that random guys owning lots of coins that they are willing to sell in this price domain (anything less than a few thousand$ per BTC) is drying up. We've been here for so long, if anyone wished to sell, he had plenty of time to do so.

And for sure, the random guys are not a renewable. We had a lot of them, but tell me how many exist any more! Not so many.


I meant the price will rise from supply being dried up until some guy sitting on a bunch of coins thinks the market is overextended.  He will then sell in hopes of buying back cheaper, then the volume and volatility starts.  I didn't mean the guy wanted to dump for no reason.  Only a fool would want to sell and walk away right now.

We have had plenty of fools in the last years but the function of market is towards weeding them out. (A rare natural example of decreasing entropy in a system).

My overall philosophy on the signs of the rises:
(has to be taken in the context of investments with the parameters similar to cryptocoins)

Quick rise on high volume - GOOD - Brisk new demand and coins change hands

Quick rise on low volume - BAD - Most of the issue in few hands = overhang risk, liquidity risk, possible scam

Slow rise on high volume - BAD - If a high volume causes only slow rise, it is a toppish sign (unless just emerging from a bottom; then good)

Slow rise on low volume - GOOD - Supply drying up, possibility that the trading range will soon be contested leading to a massive revaluation

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
Zarathustra
Legendary
*
Offline Offline

Activity: 1162
Merit: 1004



View Profile
April 22, 2016, 08:24:12 AM
 #6819

The situation with Bitcoin/USD seems remarkably similar to the one in late September 2013. A quick and violent runup is a few months old, and the price is nearing the levels where it collapsed (in this time I am referring to the $500 top last year, not to the ATH).

Volume is down, yet price is eking upwards. This is a very bullish sign. It tells that the supply is exhausted and buyers are trying to not fall upon each other. It can turn explosive (see Oct-2013) literally any day from now with all the symptoms of FOMO appearing in a few weeks, the ones that have been absent for "so long".

By "explosive", I don't mean $600 in 4 weeks, I mean something like $multiplethousands in 2 months, and in a less explosive version the peak would be higher and time a little longer but still during 2016.

Study the TA! (JJG  Wink ) Whenever there are similarities in charts, be prepared. Bitcoin rallies exactly when the general belief for a rally to happen is the lowest. I remember fondly that in Feb-2015 in the self-nominated World Bitcoin Elite meeting (Satoshi Roundtable I) was almost unanimously short in BTC. As you can see by checking back, the meeting was the turnpoint in BTC price, hopefully the delegates did not get burnt too badly and the rise was from their covering of shorts, not their burning  Grin

On the other hand this time we will go into the halving with zero txs capacity increase!
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3068



View Profile
April 22, 2016, 08:37:11 AM
 #6820

On the other hand this time we will go into the halving with zero txs capacity increase!

First 3.6MB block mined on SegNet last week, and SegWit has been pulled to the Bitcoin repo. You've got no idea what you're talking about (as usual).


(p.s. don't waste everyone's time replying to me)

Vires in numeris
Pages: « 1 ... 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 [341] 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 »
  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!