Pages:
Author

Topic: Nights Watch by Afrikoin - page 48. (Read 303329 times)

legendary
Activity: 1473
Merit: 1086
May 15, 2017, 03:06:54 PM
^ Looks nice! However the 7% interest account can't be a straight line (compounding interest, snowball effect).

You're right, found an error. Trying to fix it now. Smiley

Edit: Well actually not sure if there is an error.

I have 7% interest rate paid out every quarter. For example:

3000
6000
9000
12000 + 0,07/4*9000 = 12157,5

Should be correct ?

And its not a line on longer timescale:
https://i.imgur.com/zdfWcgA.jpg

But if you find any error, you can easily fix it in my file. Smiley
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
May 15, 2017, 03:05:42 PM
Great idea! And I like that you picked the worst possible moment to start investing in Bitcoins.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
May 15, 2017, 02:56:31 PM
^ Looks nice! However the 7% interest account can't be a straight line (compounding interest, snowball effect).
legendary
Activity: 1473
Merit: 1086
May 15, 2017, 02:50:46 PM
You're welcome!



https://drive.google.com/open?id=0B8ggPQZMNVbwQ2d5RGQycGdZNmM

Added inflation:


PS: Save your people. Smiley
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 15, 2017, 10:21:30 AM
Hey folks,


I need help!

Happy to pay in BTC if the task is too much to ask





I need a simple favour on an excel sheet data calculation

Happy to pay in btc if its a huge ask ( or not)

I am writing an article for a blog in my country Kenya

I want to make a case for buying and saving in Bitcoin vs saving in Kenya shilling local currency

The basic idea is if someone had saved $30 (3000 KES dpending on USD/KES rate) in January 2014 at the peak of BTC high

and decided to save $30 every 1st day of the month into Bitcoin upto 1st May 2017

They would have made better returns on their savings vs saving in

local currency ie saving $30 (3000 KES) every first day of the month since 1st January 2014 in a Kenya shillings savings account.

The Kenya shillings savings account is called Mshwari, a mobile bank account that pays 7% interest compounded quarterly.

TBH, its not the best of rates, b/c the currency has suffered inflation of 10% yearly

I want to compare the returns of saving in BTC vs saving in Mshwari since 1st January 2014 - 1st May 2017 + pluc factoring in inflation

I want to show people, that by dollar cost averaging over years,  they stand to make better gains and returns in Bitcoin versus saving in Kenya shillings


I would like a chart with

1. Value of Bitcoin savings over time in KES
2. Value of Kenya shillings savings in Mshwari over time
3. Impact of 10% inflation yearly

The chart would have 3 lines, 3 columns to illustrate the point

I am not great with data analysis, but happy to learn.

Is this something you can help me out with?

Will appreciate, thanks.

I can share the article if necessary to make sense.

Thank you



I need this As soon as possible.

Please DM if you think you can help.

Lets make bitcoin great again! lol
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 07:21:12 PM
New IMF podcast features interview with Bitcoin blockchain lawyer https://soundcloud.com/imf-podcasts/patrick-murck-the-changing
legendary
Activity: 2534
Merit: 1129
May 14, 2017, 01:00:53 PM
Really I am so confused.
I am currently 100% in Alts trying to make fast profit so I can buy BTC.
In the maintime BTC rises while I try to make that alt-profit,
at the end of the day I think missed the train of BTC.
Afraid it will spike above $2000 and I wont have the chance anymore to buy deep.
Advice?

The more you trade, the more you wil lose relatively to just holding. All Cryptos are roaring ahead, some are up by 100x in a couple months, and it is super-easy to make boatloads,  measured in fiat terms. It is very late in the bubble, IMO.

Don't be stuck in speculative alts when the bubble bursts, like in early 2014, when many traders lost 95% really quickly. Pick a few solid currencies (include BTC if you like) and stick with them. Then you will lose less in the inevitable bust.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 11:54:36 AM
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 10:24:28 AM
Next 24 hours is critical

Just One Resistance point left for $BTCUSD on @bitfinex $1900, Above that we once again go Open Air for #Bitcoin Daily Chart looks different

https://twitter.com/ToneVays/status/863772827366940673

full member
Activity: 224
Merit: 100
May 14, 2017, 07:02:39 AM
Really I am so confused.
I am currently 100% in Alts trying to make fast profit so I can buy BTC.
In the maintime BTC rises while I try to make that alt-profit,
at the end of the day I think missed the train of BTC.
Afraid it will spike above $2000 and I wont have the chance anymore to buy deep.
Advice?
legendary
Activity: 3108
Merit: 1531
yes
May 14, 2017, 06:57:39 AM
There's more:




If you think, thing BIG  Grin
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 06:25:24 AM
More #Bitcoin log-charted foolish-bulishness. Complete with X-axis & lines & stuff for numerically addicted. $BTC in uncharted territory.

https://twitter.com/TraceMayer/status/863057454258679809

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 05:50:39 AM
Bottom line: We need to see the test of 1820-30 area to clarify short-term wave count. All important price levels are drawn on the chart.

At this moment the price is likely to test 1830 level, and this area may be very important because its test could determine whether the market makes new all-time high or not.

The difficulty is that we can't be certain whether the decline from 1892 to 1601 is a motive wave (setting new trend down) or a Double Zigzag Wave (4) of higher degree, which means absolute highs are yet to be set. The daily chart looks like this:

source: https://www.tradingview.com/chart/BTCUSD/vSmEIweq-BTCUSD-Short-Term-Update-Ambiguous-Wave-Structure/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

legendary
Activity: 3108
Merit: 1531
yes
May 14, 2017, 03:21:26 AM
$3-3.5, but it could also sink to the floor  Roll Eyes Shocked

High risk/reward

If Bitcoin does another 2013, this is a coin that could fly considerably (large/old enough to have some traction, small enough to still become/exceed a 10-bagger from here)
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 02:38:20 AM
Made a chart of Peercoin (I have a weakness for this coin...)

[img]https://i.imgur.com/zvpGCkH.jpg


May 16th is my birthday!

So if it holds, what's a reasonable target?

I want to speculate on this
legendary
Activity: 3108
Merit: 1531
yes
May 14, 2017, 02:27:13 AM
Made a chart of Peercoin (I have a weakness for this coin...)

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 01:41:56 AM
This is a thread I'm starting to keep track of XBT markets, price movements and a bit of fundamentals. Mostly interested in price movements of the medium - long term variety. Not intraday.

The icon is a question mark because no one knows what the price will be next week, or the week after etc etc My idea of coming up with close predictions/forecasts is from the crowd.

Nights Watch because they see what is coming before the rest. Ideally, the point of this thread.

I believe there is a ton of information out there on where people think the price is heading. What I will do is bring together all i come across/ find into a single thread.

There IS great value in aggregating forecast from the 'wisdom' of the crowd.

Of course, not just any sort of shitty forecasts and TA, but what i judge and consider to be worth a look.

MY THREAD, MY RULES.

Will Mod if things get out of hand.

PLEASE DO NOT COME HERE EXPECTING STRAIGHT ANSWERS. Can't handle a maybe/dont know answer/answer you disagree with, GET LOST!




Since it is under 'Speculation' i will occasionally play toy with speculative charts & TA

Will gather charts from other threads too, no rules against that.

CHARTS, TA, EW, PnF. . . .

Free to follow.
No hate speech.
Peaceful thread.
no trolls

Quote
PEACE, LOVE and BITCOINS

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 01:40:49 AM
We are all here from different countries with different objectives

Im here on this thread for my own reasons

This thread is not an authority

The thread is my space

I have learnt SO MUCH here. I would not give it back for the wrong calls i made.

Learning!


If you think a chart is wrong, share yours. No rules against that


legendary
Activity: 1540
Merit: 1003
alan watts is all you need
May 14, 2017, 01:30:01 AM

i missed the train.


It seems you'll have soon a nice opportunity to get back on Grin

I never thought I would hear this quote from Afrikoin :S Missed the train?? Hey, you do amazing analysis & chart, why is that?
Because charts are only a risk management tool while Afrikoin got full of himself and took them as predictions. He completely neglected his "ATH+$1" threshold to admit he was wrong and started inventing reasons why an up-wave could in the end be a down-wave. The last few weeks have been a great demonstration of cognitive dissonance at work. This is textbook bad trading.

TL; DR: ALWAYS set your stop-loss before the trade and HONOR it.

confused Huh Huh Huh

getting tired.


Just leave the thread if it dont please you.
Pages:
Jump to: