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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27987. (Read 26720665 times)

hero member
Activity: 518
Merit: 500
How bitcoin redddit will look like in 5 years:
https://i.imgur.com/HID68KI.jpg

'Mark Karpeles find missing bitcoins under his couch cushions. "I swear to god my cat did it" he said in an official statement to the associated press'
 Grin

Lol that was a good one
legendary
Activity: 2338
Merit: 1035
How bitcoin redddit will look like in 5 years:
https://i.imgur.com/HID68KI.jpg

'Mark Karpeles find missing bitcoins under his couch cushions. "I swear to god my cat did it" he said in an official statement to the associated press'
 Grin
legendary
Activity: 1106
Merit: 1007
Hide your women

It seems that most of them are in the US or "US-like" countries, so it cannot be freedom of speech, religion, travel, residence, association, study, dress, drink, sex, marriage, work, property, trade, investment, enterprise, and many other basic freedoms that the citizens of those countries enjoy to a higher degree than most other people in the world (and that bitcoin cannot do anything about anyway).

So, what exactly are those "freedoms" that the "libertarians" miss, and hope to get through bitcoin?



Freedom of association? You've never heard of "Affirmative action"? Residence? We can only live in areas that are zoned residential. Speech? This is why Bradley Manning is in supermax prison and Edward Snowden is being hunted like a war criminal? Sex? Prostitution is legal in a few counties in one state out of fifty. Travel? try driving without a license. try traveling without a passport.  Permission to travel is not freedom. Not needing permission is freedom. Religion? so Muslims and Fundamentalist Mormons can have multiple wives? Rastafarians can spark a joint in D.C.? Pacifists like Quakers and Mennonites don't have to pay taxes that fund wars?

I could go on and on. Most Germans in Nazi Germany thought they were free because all of the things that were banned were things they didn't want to do anyway. That's not freedom. Real freedom means freedom to be unpopular.
sr. member
Activity: 475
Merit: 255
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

No. It has to do with difference between opening price and closing price. Actually candle height IS difference between opening and closing price.
sr. member
Activity: 263
Merit: 250
I trust evolution.

I trust evolution to do what is in evolution's interest.  Incentives, after all.  Just need to figure out how to incentivize evolution to behave nicely.

Wisdom: 100% from concentrate

Incentives are EVERYTHING; people need to understand that they cannot assume everyone (most others) to be truthful and that if they align incentives in a game-theoretical setting everyone (each and all) is better off, with the exception of the parasites and the myopic, who are better off in a system that is so easy to game
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
order book actually starting to look healthy for the first time in long while
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
I trust evolution.

I trust evolution to do what is in evolution's interest.  Incentives, after all.  Just need to figure out how to incentivize evolution to behave nicely.
legendary
Activity: 1372
Merit: 1000
1. Prisoners dilemma
2. The problem with this statement is that you never know what is the best interest of the whole.

I predict it is not continuous growth in a finite plaint, and I predict its not the first to consume all resources wins.  
but I trust evolution.
sr. member
Activity: 263
Merit: 250
...
1. Prisoners dilemma
2. The problem with this statement is that you never know what is the best interest of the whole.

Yup.  Not even sure about the intended meaning of "best interests of the whole."

Prisoners' dilemma is not realistic because that logic only works in one-time games. Society is a repeated game, and someone who defects most of the time is going to lose. If the majority defects most of the time, collusion will appear in which the cooperating minority cooperates inside the group and becomes better. Tit-for-tat (cooperate first) is a surprisingly excellent strategy. Very few non-colluding strategies can do better. The only collusion strategy that does way better is master-slaves. Trust me, 99% of the cases people invoke prisoners' dilemma they use it wrong. If anything, it proves how "unenlightened self-interest" (economic rationality) is dumb and suboptimal compared to "enlightened self-interest" (economic super-rationality).

It is similar to the implications of Godel's theorems. A Turing machine cannot transcend its condition, but mathematicians are not Turing machine. Guess what, neither machine learning is Turing-limited because it is computation in the limit. Don't be the Turing machine in society.

Regarding 2, yes, that is a problem. I do not believe it is a fatal problem, because there exist Pareto superior options almost always. Just like (artifical example) VCG auctions make everybody be truthful (barring collusion).
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
nubs are studying

BUY BUY BUY!

Probably because of that misleading documentary about bitcoin and how everyone supposedly made a fortune on trading bitcoin.

Everyone did, didn't they? At least the hodlers who have been around longer then some days..

i bet some poeple lost money buying 16$ bitcoins.

Hodling is hard...
elg
full member
Activity: 151
Merit: 104
thx for the answers guys, just the question was noobish..
sr. member
Activity: 353
Merit: 250
nubs are studying

BUY BUY BUY!

Probably because of that misleading documentary about bitcoin and how everyone supposedly made a fortune on trading bitcoin.

Everyone did, didn't they? At least the hodlers who have been around longer then some days..
sr. member
Activity: 266
Merit: 250
nubs are studying

BUY BUY BUY!

Probably because of that misleading documentary about bitcoin and how everyone supposedly made a fortune on trading bitcoin.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
nubs are studying and learning

BUY BUY BUY!
sr. member
Activity: 266
Merit: 250
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

No the body of the candle (the thick part) consists of the opening and closing price, the small sticks indicate the highest or lowest price during the time in which candle is formed.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose

no.

candles show the price movement for a given time frame. 1 hour candles show, open close and range of price movement during that hour

they have nothing to do with volume.

volume bars should be under these candles but i don't how that works on wisdom
elg
full member
Activity: 151
Merit: 104
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.

thx!
but the lenght of the candle has to do with the volume i suppose
sr. member
Activity: 266
Merit: 250
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?

Just means that the opening price was higher than the closing price, it has nothing to do with volume.
elg
full member
Activity: 151
Merit: 104
excuse for the noob question,

so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?
sr. member
Activity: 280
Merit: 250
...
1. Prisoners dilemma
2. The problem with this statement is that you never know what is the best interest of the whole.

Yup.  Not even sure about the intended meaning of "best interests of the whole."
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