Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7430. (Read 26731339 times)

Or modern forum software. I can only read BCT on my iPhone (Chrome). On Android, the letters are just noise to my eyes, so small 

Its really quite simple in my opinion. It is just 5 inputs really...actually perhaps you could say 3 as the leading span A and B are predictive averages usually set 26 periods into the future. There is some debate on what 'settings' to use, for most its 9 26 52 26. Doubling these settings to 18 52 104 52 or perhaps 20 60 120 30 can induce interesting results as bitcoin trades 24/7 compared to the 8 hours most legacy markets use. The 20 60 120 30 setting is problematic as it skews the span B and base line inputs with unequal averages in my opinion. Still powerful on longer time frames it can be said however.

The key thing that you need to wrap your head around is the difference between moving averages and ichimoku. Where a simple moving average takes the closing price over a set period and adds them up and then divides by the set period, ichimoku takes that same set period and calculates the highs and the lows of the period and then divides by 2.

Here are some key terminology and the maths behind the curtain.

tenkan-sen or the conversion line = (9 period high + 9 period low)/2))

kijun-sen or the base line = (26 period high + 26 period low)/2))

chikou span or the lagging span = the closing price 26 days in the past

senkou span A or the leading span A = (conversion Line + Base Line)/2))

senkou span B or the leading span B = (52 period high + 52 period low)/2))

As each period closes it begins to 'paint' the cloud across the sky so all the animals have a place to dance.

#dyor

D

#stronghands


ps  many of us at the Wall are old, deaf and near blind...larger images are appreciated by many   

Reasons.

As we discussed several times previously, guys who are earning money in bitcoin or they are mining bitcoin are in a bit of  a different place than those who are earning money in dollars and having to buy their bitcoin.

So for those earning in bitcoin, it is way easier to sell bitcoin here and there along the way because you need to balance yourself, to have enough fiat to cover your fiat expenses (and other discretionary consumption), and it is likely just a regular activity to have to sell a certain amount of BTC on a regular basis (especially if you do not have enough fiat cashflow to cover your expenses and at least your prudent discretionary consumption).


I wouldn't doubt that.

 



You fuck... said under my breath.

Because....?

What 'tactics'? Expounding upon the truth as I see it?

It's real everytime they say. Let's hope this is the real one.

5 digits and more ;-)

Your bloated Weather recording chain will never cut it, the only reason why it is still functioning is because no one cares enough to swat it..

Good one!




We didn't miss it, we saw through it.
we are not so foolish as to fall for your tactics.

Well, no. I think that placing your trust in the lowest common denominator is trust misplaced.

Further, I am not looking for a system 'governed by the technocratic elite', I am looking for a system with enough capacity to be money for the entire world. And 3-7 tx/s just ain't gonna cut it.

It inspired me so I made a little video   Quality is terrible, because it is impossible to find full original clip nowadays.
 
Pumpamentals

No. But nice mischaracterization. At this point, there are plenty of 'normal' computers processing the BSV blockchain.

AFAIC, as long as there are no exclusionary barriers for new entrants to participate, then non-mining validation is exactly as decentralized as it need be. More such 'decentralization' is a red herring that serves no useful purpose. I realize this is a controversial perspective, but it is the one I hold.

The alternative is to dumb down the entire system to 3 to 7 transactions per second. The notion of such a system working as world money is so ludicrous that it beggars the imagination that anyone would so think.

Well, no.

By not having a tie to the satoshi protocol, BCD is irrelevant, no matter its level of decentralization.

Though your insistence on using it as an example does say a lot about you. After all, on the axis of mining distribution, if the criteria is 'who has enough resources to be able to economically mine it', then BCD is quite a bit more decentralized than is BTC. So as you are the one worshipping the false god of 'but muh decentralization', do you prefer BCD to BTC?

Incidentally, still waiting for that definition of 'decentralization' that you've been dodging for over a week now.

Not sure...but I'm pretty sure Trump is NOT in a Blind Trust...thus the Supreme Court Case. (correct me if I'm wrong folks on here) ...

as to the 'code' idea ...he talks and walks like and idiot..that should be 'code' enough! (IMHO..its the USA you can think what you want about who you want)

Brad

It’s not hard to go above the average here 

Go GPT-3 !

Also make GPT-3 in charge of trading Bitcoin -> instant adoption. Because logical.

Oh my...

https://cointelegraph.com/news/openai-bot-writes-a-blog-wows-bitcointalk-with-intelligent-posts

First of all, Satoshi did make an evolving snapshot prediction based on what bitcoin was as of mid 2010 and how he considered bitcoin to potentially evolve, but NOT even Satoshi could predict every single factor or how events might play out, including how much intervention might be possible in terms of possible software changes (including segregated witness), or how back and forth competition whether we are talking about ASICs or just larger and larger computers or even government or financial institutions getting involved in mining or running nodes, even if a variety of matters, including a combination of running nodes and mining would help to determine bitcoin's direction or consensus that arises out of figuring out which users decide the direction of the chain or which chain is actually bitcoin, versus some snake oil baloney that spouts out talking points to try to propagandize people into believing that it might be the real bitcoin.

Currently, bitcoin does not have any meaningful competition from any of the cryptos or the sham bcash forks, so seems a bit ludicrous to continue to suggest any of the bcashes as if they were somehow sufficiently similar to bitcoin in terms of gaining much if any network effects, especially relative to bitcoin.

Imagine selling now......

<10K = discount pricing

https://www.coincenter.org/the-occ-has-formally-stated-that-nationally-chartered-banks-can-hold-cryptocurrencies-for-their-customers/
You'd think this would be a big deal. Doors are opening it would seem.