The general consensus seems to be down
Great trading strategy!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23953. (Read 26710089 times)
December 21, 2014, 04:50:42 PM
December 21, 2014, 04:44:05 PM
lol
December 21, 2014, 04:43:05 PM
watevers, at list i no how to draw good :p
I read that as a textbook example of declining volume=run losing its legs. To each his own, I suppose...
i saw that 2, and im only 9
Well you drew some random lines, why the fuck not?
I read that as a textbook example of declining volume=run losing its legs. To each his own, I suppose...
i saw that 2, and im only 9
December 21, 2014, 04:22:42 PM
It will be 8 am on a Monday in China in three hours and they don't have Christmas holidays AFAIK. Depending on the Chinese traders now may not be a good time to sell.
Bro you are reasoning with a NotLambChop™ Sockpuppet lol
December 21, 2014, 04:09:16 PM
pries is crashink 
is it ok?
It will be 8 am on a Monday in China in three hours and they don't have Christmas holidays AFAIK. Depending on the Chinese traders now may not be a good time to sell. is it ok?
December 21, 2014, 04:03:59 PM
I thought it would go below 300 on this weekend, but it has stayed up. I think this is a positive trend, if it can rally some during the midweek that will make it clearer.
December 21, 2014, 04:00:31 PM
December 21, 2014, 03:47:43 PM
Are you going to spend eternity in Hell, or basking in Bitcoin's glory?
Mind if we come in?
Mind if we come in?
December 21, 2014, 03:43:32 PM
pries is crashink
is it ok?
is it ok?
December 21, 2014, 03:29:38 PM
No rebuttal then?
Lol, I told you i posted a chart made by goldbugs, to err on your side of the argument. Here's a real one
December 21, 2014, 03:26:16 PM
amazing new interface on Poloniex, this is the kind of stuff that will have regular people more comfortable buying crypto
https://poloniex.com/exchange#btc_xcp
https://poloniex.com/exchange#btc_xcp
December 21, 2014, 03:17:08 PM
No rebuttal then?
December 21, 2014, 03:11:57 PM
Actually I would say that wages seem stagnant and cost of living on major life purchases for the average person has risen dramatically higher than inflation. This is entirely to the benefit of banks lending mortgages.
Something funny seems to have happened on that chart almost exactly when the US came off the gold standard and became a centrally planned pure fiat currency.
Something funny seems to have happened on that chart almost exactly when the US came off the gold standard and became a centrally planned pure fiat currency.
That's because the chart was made by goldbugs, duh! I used it because even they admit that the standard of living has improved.
Quote
You argued very eloquently (and wrongly IMO) that bitcoin is a poor currency because it has fixed enforced programatic scarcity on another thread. Perhaps look at that chart you posted and give us an analysis to back up that assertion with a straight face.
For someone who has me on ignore, you follow my posts pretty diligently. Kudos!
December 21, 2014, 03:05:22 PM
I'll do one better: I'll give you the actual standard of living chart, 1947 to ~now.
Things are looking up, inca. Fistbump?
Things are looking up, inca. Fistbump?
See that gap between the "projected" and "actual"? That's what your fiat currency gets you.
That's because "projected" was projected by folks like you, this chart is supposed to show you exactly what you've read into it.
What it does show is the standard of living actually improving.
December 21, 2014, 03:03:08 PM
Actually I would say that wages seem stagnant and cost of living on major life purchases for the average person has risen dramatically higher than inflation. This is entirely to the benefit of banks lending mortgages.
Something funny seems to have happened on that chart almost exactly when the US came off the gold standard and became a centrally planned pure fiat currency. You argued very eloquently (and wrongly IMO) that bitcoin is a poor currency because it has fixed enforced programatic scarcity on another thread. Perhaps look at that chart you posted and give us an analysis to back up that assertion with a straight face.
Something funny seems to have happened on that chart almost exactly when the US came off the gold standard and became a centrally planned pure fiat currency. You argued very eloquently (and wrongly IMO) that bitcoin is a poor currency because it has fixed enforced programatic scarcity on another thread. Perhaps look at that chart you posted and give us an analysis to back up that assertion with a straight face.
December 21, 2014, 03:02:26 PM
...
Christmas is coming. No doubt many of us will settle down, full of ham, turkey, duck (or whatever your local seasonal dish is) around the television with the family and tune into that enduring classic, "It's a wonderful life".
If you're familiar with this movie, at one point, $8000 dollars is misplaced.[/color] This is seen as a catastrophe. Chaos ensues: Businesses are at risk, careers threatened, jail time looms, suicide considered.
Over $8000?
Well, see "It's a Wonderful Life" was released in 1946. Care to guess how much that would be worth in modern money? We're talking close to $100,000 dollars [/color](give or take pocket change) and that's using government figures which have been diddled over the years.
Merry Christmas.
Christmas is coming. No doubt many of us will settle down, full of ham, turkey, duck (or whatever your local seasonal dish is) around the television with the family and tune into that enduring classic, "It's a wonderful life".
If you're familiar with this movie, at one point, $8000 dollars is misplaced.[/color] This is seen as a catastrophe. Chaos ensues: Businesses are at risk, careers threatened, jail time looms, suicide considered.
Over $8000?
Well, see "It's a Wonderful Life" was released in 1946. Care to guess how much that would be worth in modern money? We're talking close to $100,000 dollars [/color](give or take pocket change) and that's using government figures which have been diddled over the years.
Merry Christmas.
Yep, 8k in 1946 is ~102k now, almost x13 times
On a happier note:
Average Annual Income 1946 = $2,600; 2013 =$51,017, almost x20 times.
Funny things, stats
102k for a block buster movie in 2014.
you have to be kidding. A top blockbuster is $100 million easy.
$8000 x 12500 (twelve thousand, five hundred times)
You should read and think before typing. Try it now!
December 21, 2014, 03:02:02 PM
I'll do one better: I'll give you the actual standard of living chart, 1947 to ~now.
Things are looking up, inca. Fistbump?
Things are looking up, inca. Fistbump?
See that gap between the "projected" and "actual"? That's what your fiat currency gets you.
December 21, 2014, 03:00:30 PM
December 21, 2014, 02:59:12 PM
Average Annual Income 1946 = $2,600; 2013 =$51,017, almost x20 times.
December 21, 2014, 02:58:19 PM
Average Annual Income 1946 = $2,600; 2013 =$51,017, almost x20 times.
Which is great if you live paycheck-to-paycheck and don't plan to retire.
Those who are living paycheck-to-paycheck are the people I'm concerned about, not the rich complaining about not being rich enough.
No one saves for retirement by stuffing a mattress. 401(k), or even a bank account would do better. Welcome to the
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