rpietila Wall Observer - the Quality TA Thread ;) - page 8.

Torque

legendary

Activity: 3710

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Quote from: cellard on January 16, 2017, 02:06:38 PM

I think smart contracts can run better as a bitcoin sidechain, because if something goes bad, the core of bitcoin still remains unaffected. Having a turing complete system is not something that gives me a peace of mind long term.

This. Quote of the decade.

Think, people.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: cellard on January 16, 2017, 02:06:38 PM

So let's stick to the plan: How to get rich in 10 years. And right now, no damn project looks like it's going to get the job done.

How many of these projects have you spotted or actually joined in the past?

If you ask me it is (still) right under your nose.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: bitebits on January 16, 2017, 02:02:39 PM

Quote from: cellard on January 16, 2017, 12:21:44 PM

Ethereum? You mean that project that can hard fork at any given time because a smart contract where big pockets are invested at can trigger the hardfork? (and even easier once they go full POS)
[..]

Wel that is how it is advertised. Seriously Roll Eyes

Quote

Build unstoppable applications
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Yeah its a joke, for me ethereum lost his credibility when Vitalik Buterin was on Reddit crying about how people was panic selling, so he told exchanges to stop all ETH trades... it was so ridiculous. Imagine satoshi telling exchanges to stop trades? lol. I think smart contracts can run better as a bitcoin sidechain, because if something goes bad, the core of bitcoin still remains unaffected. Having a turing complete system is not something that gives me a peace of mind long term.

So let's stick to the plan: How to get rich in 10 years. And right now, no damn project looks like it's going to get the job done.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: cellard on January 16, 2017, 12:21:44 PM

Ethereum? You mean that project that can hard fork at any given time because a smart contract where big pockets are invested at can trigger the hardfork? (and even easier once they go full POS)
[..]

Well that is how it is advertised. Seriously Roll Eyes

Quote

Build unstoppable applications
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: Biodom on January 15, 2017, 01:27:17 PM

Quote from: cellard on January 15, 2017, 01:11:14 PM

Think about it. There is not a SINGLE altcoin worth holding long term in hopes of it going %2000+ ever again. So we would need to be looking at new interesting projects, but there are none.

I asked about Iconomi, but nobody gave a fuck to reply to me.

you think that ethereum cannot get to $200 or zec to $800 ever?
Zec was already $2000 close to beginning when it was highly illiquid; still, it is probably achievable.
I think that these numbers are quite possible, as is $16000 for btc. I am not sure yet about more than this.

Ethereum? You mean that project that can hard fork at any given time because a smart contract where big pockets are invested at can trigger the hardfork? (and even easier once they go full POS)

ZEC? The total mess of a coin that depends on trusting the developers destroying a masterkey that would give them basically infinite money?

Sorry but anybody thinking those coins are getting anywhere long term is delusional. Can they pump? Well yes, anything can pump, again, look at fucking Trumpcoin... but thats not the case. I want to invest in something sound that I can hold long term without having the constant fear of it entering into a perpetual stagnating spiral, and I see nothing worth holding long term (other than Bitcoin, to get small gains anyway, since again, you aren't getting rich from bitcoin anymore, it will not grow enough, and nobody wants to wait 50 fucking years)

Watari

member

Activity: 62

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Quote from: ?? on ??

Quote from: TrueCryptonaire on January 15, 2017, 02:40:57 AM

New testament contains so many childish mistakes that it is not even funny. Apparently you forgot to do your due diligence before you started reading it 5 years ago. You would have saved a lot of time if you would have researched beforehand if it is worth reading or not.
Bear in mind, God doesn't make mistakes and therefore a book that is full of them cannot be from God, not even inspired.
You should go to the basics and study first of all the mistakes of New testament, then make your conclusions.

Both the old and new testament are verified to be, if not the word of God, at least the word of a SAME supreme intelligence in both cases.

Google for more, the linked one is just the conclusion.

lol, are you serious, dude?

and by the way, where's the ORIGINAL text of both the OT and the NT? and no, copies of copies of copies are not good enough. especially not if they're from centuries after the originals and when the earliest copies we have all differ in some, more or less important, detail.

CoinCidental

legendary

Activity: 1316

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Si vis pacem, para bellum

Quote from: ?? on ??

I feel Bitcoin is a crazy strong buy at <800. It is just not going away. What is the downside? Umm.. going to $500 (-38%) and retaining the unexpiring call? What's the upside immediately? $3000 (+275%) and even more in 12 months' time. Just my 2 cents.

I have to agree, btc for ~800 is a steal.....
Most people will look back and wish they bought more after March /April

Just a few short weeks to go gentlemen!

heslo

legendary

Activity: 1202

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Sounds like a messy situation you're in mate.. who I feel most for in this situation is the kids however, caught in between this must be hard for them. One question though, I read your facebook post you linked... you said you were hacked and lost some crypto. When/how did this happen? Did you ever find out/suspect who??!?!

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: ?? on ??

Since the thread is after all also a publication to keep 'em honest and point out who is behind my problems, let there be a crosslink to my Facebook, as there was a day when I felt really bad. I lamented the blindness of my wife to join in the persecution, to the point that I prayed to Jesus about the matter in public.

That helped. None of the persecution went away, no. I got some extension to the tax case, and they also advised me to avoid any voluntary split-the-finances deal with the wife as that might cause problems when my tax liability is sorted out. This seems to negatively affect my ability to see my children, though, as in the spirit of complete lawlessness, wife has kidnapped them and only lets me to see them if I come to Finland.

What is the ironic part is that when I asked,
ME: "I'd like to have the answer to an important question: "Why can I not see my kids?" Before I open it up in public."

AP: "You can meet them in Finland. Please in the future, only contact my lawyer."

ME: "Can you confirm that you are not participating or knowledgeable in any action that might threaten my physical freedom in case I come to Finland?"

AP: [no answer, 23 hours and counting, including the time that she has been tagged in FB to reply and has read both the original SMS and has been online repeatedly during the day]

What a sad, sad world we live in! Wives plotting against their husbands' lives!!

"wife" is now used in place of the former "ex", to indicate that she is the only one who applied for divorce and it only came to my knowledge a few days ago. Until that, everything from both sides was just talk. God hates divorce, so I will also quit using the term as if I wanted something that God hates.

Do not bother to comment unless you read the FB post incl comments.

So sad you are dealing with this. One thing I do like to encourage my friends that have had to deal with such betrayal is to comfort them with the fact that the reason God hates divorce so much is because He understands how painful it is. God is divorced too. Jeremiah 3:8 I gave faithless Israel her certificate of divorce and sent her away because of all her adulteries.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Biodom on January 15, 2017, 01:27:17 PM

Quote from: cellard on January 15, 2017, 01:11:14 PM

Think about it. There is not a SINGLE altcoin worth holding long term in hopes of it going %2000+ ever again. So we would need to be looking at new interesting projects, but there are none.

I asked about Iconomi, but nobody gave a fuck to reply to me.

you think that ethereum cannot get to $200 or zec to $800 ever?
Zec was already $2000 close to beginning when it was highly illiquid; still, it is probably achievable.
I think that these numbers are quite possible, as is $16000 for btc. I am not sure yet about more than this.

the first few ZEC sold for $5900 a piece i believe ......
BTC ,ETH ,XMR etc are all capable of exponential growth but from 700+ coins id agree most are complete shit

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: cellard on January 15, 2017, 01:11:14 PM

Think about it. There is not a SINGLE altcoin worth holding long term in hopes of it going %2000+ ever again. So we would need to be looking at new interesting projects, but there are none.

I asked about Iconomi, but nobody gave a fuck to reply to me.

you think that ethereum cannot get to $200 or zec to $800 ever?
Zec was already $2000 close to beginning when it was highly illiquid; still, it is probably achievable.
I think that these numbers are quite possible, as is $16000 for btc. I am not sure yet about more than this.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: conspirosphere.tk on January 15, 2017, 07:14:20 AM

Quote from: thejaytiesto on January 14, 2017, 01:30:30 PM

We are talking about making it big without having to risk your life savings in the process.

That's what the alchemists trying to convert lead in gold wanted too. Then they invented paper money and econometric alchemic formulas, ruining the lives of many generations since then.

But shitcoins are back:

Quote

trumpcoin has gone up 15x in the last week and has 1k btc volume -- rivaled only by putincoin

Oh well, Trumpcoin... that's what im talking about (about how any shitcoin can pump, but how dumb it is realistically to hold shitcoins just in hopes your investment in actual shit doesn't stagnate into nothingness).

Im talking about investing in an altcoin that isn't a total fuckfest of nothing but pump and idiotic promotion.

Think about it. There is not a SINGLE altcoin worth holding long term in hopes of it going %2000+ ever again. So we would need to be looking at new interesting projects, but there are none.

I asked about Iconomi, but nobody gave a fuck to reply to me.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: thejaytiesto on January 14, 2017, 01:30:30 PM

We are talking about making it big without having to risk your life savings in the process.

That's what the alchemists trying to convert lead in gold wanted too. Then they invented paper money and econometric alchemic formulas, ruining the lives of many generations since then.

But shitcoins are back:

Quote

trumpcoin has gone up 15x in the last week and has 1k btc volume -- rivaled only by putincoin

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

New testament contains so many childish mistakes that it is not even funny. Apparently you forgot to do your due diligence before you started reading it 5 years ago. You would have saved a lot of time if you would have researched beforehand if it is worth reading or not.
Bear in mind, God doesn't make mistakes and therefore a book that is full of them cannot be from God, not even inspired.
You should go to the basics and study first of all the mistakes of New testament, then make your conclusions.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

Quote from: TrueCryptonaire on January 14, 2017, 02:50:36 PM

Why are you praying for human beings/idols?
My suggestion is to pray the Creator only.

There is no other Name in which we are saved except that of Jesus, the Creator.

(Actually dropped in to say that I decided to spend a full day without Facebook and this forum, tomorrow. Just that you would not think they'd catch me on Sunday which is unlikely..)

Now I am realizing you indeed are being gaslighted.
Bear in mind, New testament was written 100-300 AD so nobody from the authors was present when this guy lived. The idea of New testament and xianity is to unify Roman empire, and in fact, the stories of New testament were known in the pagan religions. For instance - correct me if I am wrong - krishna was born from the virgin and is a combination of god and human (sounds familiar?).

When reading New testament it is actually annoying how much mistakes it contains (beginning of the very first verse).
Apparently you have been growing up in Xian environment and never studied New testament in academic manner but in religious manner and you believe anything your priest tells you on Sunday in the church - like it is expected from the sheep.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

Since the thread is after all also a publication to keep 'em honest and point out who is behind my problems, let there be a crosslink to my Facebook, as there was a day when I felt really bad. I lamented the blindness of my wife to join in the persecution, to the point that I prayed to Jesus about the matter in public.

That helped. None of the persecution went away, no. I got some extension to the tax case, and they also advised me to avoid any voluntary split-the-finances deal with the wife as that might cause problems when my tax liability is sorted out. This seems to negatively affect my ability to see my children, though, as in the spirit of complete lawlessness, wife has kidnapped them and only lets me to see them if I come to Finland.

What is the ironic part is that when I asked,
ME: "I'd like to have the answer to an important question: "Why can I not see my kids?" Before I open it up in public."

AP: "You can meet them in Finland. Please in the future, only contact my lawyer."

ME: "Can you confirm that you are not participating or knowledgeable in any action that might threaten my physical freedom in case I come to Finland?"

AP: [no answer, 23 hours and counting, including the time that she has been tagged in FB to reply and has read both the original SMS and has been online repeatedly during the day]

What a sad, sad world we live in! Wives plotting against their husbands' lives!!

"wife" is now used in place of the former "ex", to indicate that she is the only one who applied for divorce and it only came to my knowledge a few days ago. Until that, everything from both sides was just talk. God hates divorce, so I will also quit using the term as if I wanted something that God hates.

Do not bother to comment unless you read the FB post incl comments.

Why are you praying for human beings/idols?
My suggestion is to pray the Creator only.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Quote from: Biodom on January 14, 2017, 12:22:13 PM

Quote from: thejaytiesto on January 14, 2017, 10:39:47 AM

Most people can't invested 10k in a god damn altcoin... get real. And sure, $200,000 dollars is awesome gains, but you aren't still rich, also it would have required that you sell at the peak.
1) You invested a lot (10k is a lot)
2) You sold at a very specific peak (extreme luck needed)

I don't see it. In any case, lets look at the future and search for other opportunities, we can't change the past. Problem is as we are saying, all alts suck and I don't see any of them delivering 4 figure % gains anymore.

well, you almost definitely cannot get rich within 5-10 years without investing at least 10k in almost all cases (bitcoin being a unique exception in the past). There are no guarantees, but bitcoin, ethereum, monero, zec can definitely grow 1000% in 10 years. Will they? I don't know.

1000% in 10 years is nothing.

Let's say you own 10K worth of BTC (or any other coin that goes 1000% over 10 years, and btw who the hell wants to hold 10k worth of an altcoin for 10 years).
You end up with 100,000, which is nothing, and you waited 10 damn years to get there.
Working in a mediocre job in certain countries will make you more money than tha over 10 years.

Sorry but I don't see it. We are talking about making it big without having to risk your life savings in the process.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: ?? on ??

Quote from: jbreher on January 13, 2017, 02:37:10 PM

Quote from: cellard on January 13, 2017, 12:24:48 PM

The number 1 thing you need to get rich like rpietila is luck. You need to be lucky, that's all.

"The harder I work, the luckier I get"
- Yogi Berra

Yeah. I started investing 5 years before 9/11, so there has been plenty of time to learn to be lucky.

Picking both BTC and XMR was lucky indeed.

As someone else pointed out, BTC gains were very rare. You also predicted some ridiculously high prices for BTC that never happened.

XMR was a good pick, I profited myself, I knew it would sooner or later get pumped with darknet hype, but now that hype is over.

The ETH smart contracts things is also over, it's been a fiasco.

So the question is clear: what's to look forward in the future to get rich within 5 years?

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: thejaytiesto on January 14, 2017, 10:39:47 AM

Most people can't invested 10k in a god damn altcoin... get real. And sure, $200,000 dollars is awesome gains, but you aren't still rich, also it would have required that you sell at the peak.
1) You invested a lot (10k is a lot)
2) You sold at a very specific peak (extreme luck needed)

I don't see it. In any case, lets look at the future and search for other opportunities, we can't change the past. Problem is as we are saying, all alts suck and I don't see any of them delivering 4 figure % gains anymore.

well, you almost definitely cannot get rich within 5-10 years without investing at least 10k in almost all cases (bitcoin being a unique exception in the past). There are no guarantees, but bitcoin, ethereum, monero, zec can definitely grow 1000% in 10 years. Will they? I don't know.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: kellrobinson on January 14, 2017, 10:14:17 AM

Quote from: Biodom on January 13, 2017, 10:57:58 PM

Quote from: kellrobinson on January 13, 2017, 10:04:14 PM

.
D=days since Jan 1, 2009
price=$800/(1+e^(13.147-.0071989*D))

this can't be right , sorry, since denominator is above 1 making the result/product equal or below 800 in perpetuity.
we already know that it is above 800 right now.

Yes, the price is above 800 right now. And according to you, that makes the model invalid.

what makes your model invalid is that no matter what the value of D (days) is, the denominator is above 1, which means that you limit your product to $800 (max) or below. Such model has NO predictive value going forward since you need broader space for potential values (especially above 800).

Topic: rpietila Wall Observer - the Quality TA Thread ;) - page 8. (Read 907231 times)