Lol. plz keep making up excuses for your obsolete crypto 
Lol Ethereum pumper down to only
Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 44. (Read 85774 times)
Lol Ethereum pumper down to only
Not too lazy to grab a screencap.
Ethereum is a scamcoin. Have a nice day:
Ethereum (ETH) $14.10 (2.78 %)
Bitcoin (BTC) $ 534.94 (0.56 %)
Lol. plz keep making up excuses for your obsolete crypto
Not too lazy to grab a screencap.
Ethereum is a scamcoin. Have a nice day:
The Ethereum Paradox
https://bitcointalksearch.org/topic/the-ethereum-paradox-1361602
Why proof of stake is also useless. Thank you for your support:
Why proof of stake has no value:
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.
Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.
On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
Today is going to be a fucking horrible day for stocks!
img]https://www.tradingview.com/x/Sb5d8dkL/[/img]
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
img]https://www.tradingview.com/x/uju5tCy7/[/img]
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $)img]https://www.tradingview.com/x/Sb5d8dkL/[/img]
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
img]https://www.tradingview.com/x/uju5tCy7/[/img]
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
Dollar Index is in the process of rebounding mate.
Fed are basically saying they are going to raise interest rates.
That is bad for everything, except the dollar, and bonds.
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $)
Let me see if I get this: Chinese purportedly bought BTC due to yuan getting devalued rel. USD ($ too damn strong!)now the westerners are gonna buy BTC because $ too damn weak?
You must'a been to some expensive universities....
Lazy to make you a chart, USD short term downtrend against some of its friends:
https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2016/05/31/dailyclassics_aud-usd.html
https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2016/05/30/dailyclassics_eur-usd.html
https://www.dailyfx.com/forex/technical/home/analysis/nzd-usd/2016/05/30/dailyclassics_nzd-usd.html
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $)
Let me see if I get this: Chinese purportedly bought BTC due to yuan getting devalued rel. USD ($ too damn strong!)now the westerners are gonna buy BTC because $ too damn weak?
You must'a been to some expensive universities....
Lazy to make you a chart, USD short term downtrend against some of its friends:
https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2016/05/31/dailyclassics_aud-usd.html
https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2016/05/30/dailyclassics_eur-usd.html
https://www.dailyfx.com/forex/technical/home/analysis/nzd-usd/2016/05/30/dailyclassics_nzd-usd.html
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $)
Let me see if I get this: Chinese purportedly bought BTC due to yuan getting devalued rel. USD ($ too damn strong!)now the westerners are gonna buy BTC because $ too damn weak?
You must'a been to some expensive universities....
Today is going to be a fucking horrible day for stocks!
img]https://www.tradingview.com/x/Sb5d8dkL/[/img]
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
img]https://www.tradingview.com/x/uju5tCy7/[/img]
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
I think that after chinese pushed the market last week, it's not the turn of western exchange, probably for the "same" reason (not a devaluation though, but weaknesse of the $) img]https://www.tradingview.com/x/Sb5d8dkL/[/img]
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
img]https://www.tradingview.com/x/uju5tCy7/[/img]
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
I don't love 'fiat'.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
The only purpose of currency is to reduce friction of barter. There is nothing about it that requires a central authority.
Only if by "reduce friction of barter" you mean crying hot, slippery tears while opening the bag of poo that I sent you (instead of the laptop you sent me beetcoins for).
Today is going to be a fucking horrible day for stocks!
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
Of course, what is bad for the JIDF Zionist Monetary System, is therefore by definition, good for Bitcoin, right?
Or perhaps wrong? I see more evidence to suggest that Bitcoin correlates with equities here, and if anything, Equities lead Bitcoin.
Fiat lover Mat, how much fiats are you planning to hold when this happens (magazine owned by Rothschilds that shows all fiat in flames by 2018):
satoshi nakamoto = Illuminati confirmed
recognise that for the first time in history a central authority isn't needed, understand how game changing and how much better that system is, and you'll know what to do 
I don't love 'fiat'.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
recognise that for the first time in history a central authority isn't needed, understand how game changing and how much better that system is, and you'll know what to do
I don't love 'fiat'.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
The only purpose of currency is to reduce friction of barter. There is nothing about it that requires a central authority.
It's an easy mistake to make. Debt does require a central authority to enforce and many people today conflated debt and money.
I don't love 'fiat'.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
The only purpose of currency is to reduce friction of barter. There is nothing about it that requires a central authority.
Fiat lover Mat, how much fiats are you planning to hold when this happens (magazine owned by Rothschilds that shows all fiat in flames by 2018):
I don't love 'fiat'.
I just recognise that any money that ever existed, required an 'authority' behind it. Even gold and silver only became used as money because people in positions of power desired to own it.
Fiat lover Mat, how much fiats are you planning to hold when this happens (magazine owned by Rothschilds that shows all fiat in flames by 2018):
Didn't mean to be harsh but it's wise to wait for the inevitable 3rd wave/2nd bottom test in a move like that before getting back in.
There was no divergence at all on the bottom bounce that I tried to play, so why I tried to play it, despite calling the correction, I have no fucking idea, I guess I just love setting fire to big piles of money..
.........for a counter trend bounce play...divergence is a must in my book....
That was the trade. Was sitting here staring at sub 3500 on Huobi, but I was just back from dinner, and an evening walk and never had no plan, and after the last kicking I took, I didn't want to just fire the trade blind......this is just how it goes for me for some reason....
I will keep my eye on any sort of retrace that it wants to offer up, and see if I can hit it long, but I suspect it is gone.
Bottom was $520.
Re-read everything I typed at the start of this thread Mat, then look at this picture and get it into your head that anyone can take a long right now and hold it for 40ish days and wind up in mega profit as an asymmetric trade, which is why the price isn't even going to think about going down:
Re-read everything I typed at the start of this thread Mat, then look at this picture and get it into your head that anyone can take a long right now and hold it for 40ish days and wind up in mega profit as an asymmetric trade, which is why the price isn't even going to think about going down:
Didn't mean to be harsh but it's wise to wait for the inevitable 3rd wave/2nd bottom test in a move like that before getting back in.
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