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Old 1st July 2019, 11:58 PM   #121
psionl0
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Originally Posted by Samson View Post
Let bitcoin never be dull
Bitcoin price goes up. Bitcoin price goes down.
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Old 2nd July 2019, 04:13 AM   #122
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Btw. most of the time people say how every new BTC bubble goes higher than the previous one. This one is clearly not the case. Has BTC really peaked ?
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Old 2nd July 2019, 05:06 AM   #123
Samson
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Originally Posted by Dr.Sid View Post
Btw. most of the time people say how every new BTC bubble goes higher than the previous one. This one is clearly not the case. Has BTC really peaked ?
Disclosure of interest.
I have never had any bitcoin, but as a complete believer with delivered proof on other threads here that price history alone is sufficient to deliver highly accurate predictions with concomitant certain profits, I can say that bitcoin is a sublime follower of technical fashion.

However my view is always coloured by the logic,
rat poison,
I think far less of it.

It is all bulldust, destined to be exterminated with the vermin.

I know I am being way too kind.
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Old 2nd July 2019, 05:21 AM   #124
psionl0
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Originally Posted by Dr.Sid View Post
Btw. most of the time people say how every new BTC bubble goes higher than the previous one. This one is clearly not the case. Has BTC really peaked ?
I can't add much to what I said in post #115. NOBODY knows what will happen next and don't let anybody here tell you otherwise.
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Old 5th July 2019, 07:22 AM   #125
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Originally Posted by Samson View Post
Disclosure of interest.
I have never had any bitcoin, but as a complete believer with delivered proof on other threads here that price history alone is sufficient to deliver highly accurate predictions with concomitant certain profits, I can say that bitcoin is a sublime follower of technical fashion.
It's a good thing you didn't actually follow your own predictions on bitcoin. With how often you've been completely wrong you'd be dead broke.

You have never been highly accurate, you just champion the times you guess right and ignore all the times you guess wrong.

You're no different than people who claim to be psychic. The only person you're fooling is yourself.
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Old 6th July 2019, 03:15 AM   #126
Samson
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Originally Posted by The_Animus View Post
It's a good thing you didn't actually follow your own predictions on bitcoin. With how often you've been completely wrong you'd be dead broke.

You have never been highly accurate, you just champion the times you guess right and ignore all the times you guess wrong.

You're no different than people who claim to be psychic. The only person you're fooling is yourself.
Incorrect.
I have many times listed the specific predictions and actual outcomes on the TA threads, and faithful auditing shows a clearly non random profit profile.
Time and sales was the old way.

Bitcoin is highly predictable with TA, but rat poison fools even rats.
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Old 6th July 2019, 06:27 AM   #127
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Originally Posted by Samson View Post
Incorrect.
He was being generous. You may actually be the worst make believe trader in internet forum history.

Quote:
Bitcoin is highly predictable with TA
Not for you it aint.
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Old 8th July 2019, 03:20 PM   #128
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In fact I said sell at 11717, went as high as 12250 then down to 9614

Since then there have been multiple iterations of the algorithm saying buy it, but my disgust at the entity precludes me saying it.
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Old 8th July 2019, 07:13 PM   #129
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Originally Posted by Samson View Post
In fact I said sell at 11717, went as high as 12250 then down to 9614
ie You failed.

Originally Posted by Samson View Post
Since then there have been multiple iterations of the algorithm saying buy it, but my disgust at the entity precludes me saying it.
If you say that there is something immoral about bitcoin then it must be the paragon of virtue.

Only a fool (or somebody with a vested interest) would say that one form of gambling is more moral than another.
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Old 9th July 2019, 08:58 AM   #130
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Originally Posted by psionl0 View Post
I can't add much to what I said in post #115. NOBODY knows what will happen next and don't let anybody here tell you otherwise.
This is about as harsh a criticism as you can get for a purported “investment”
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Old 11th July 2019, 03:50 AM   #131
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Bitcoin is poised to meet its doom.
Warren Buffet calls it rat poison and Charlie Munger says of bitcoin I like it a lot less than Warren.
Perfect.
The infinite supply of, say
Bitcoin 1, Bitcoin 2..................Bitcoin n

Means that Tyler and Cameron Winkelvoss should share the key and bail out.
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Old 11th July 2019, 04:16 AM   #132
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Originally Posted by Samson View Post
The infinite supply of, say
Bitcoin 1, Bitcoin 2..................Bitcoin n
Do you think that 40 days is long enough for everybody to forget that you tried this crap for the nth time and got your ass handed to you yet again?
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Last edited by psionl0; 11th July 2019 at 04:18 AM.
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Old 11th July 2019, 05:56 AM   #133
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Yes
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Old 11th July 2019, 01:27 PM   #134
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The algo just said go short

11147 last
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Old 11th July 2019, 02:46 PM   #135
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Originally Posted by Samson View Post
The algo just said go short

11147 last
Can you clarify what that means? Does it mean you expect the price to fall? What time frame?

$11311.70 last.
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Old 11th July 2019, 02:58 PM   #136
Samson
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Originally Posted by Mycroft View Post
Can you clarify what that means? Does it mean you expect the price to fall? What time frame?

$11311.70 last.
Yes I expect it to fall over the next week, to around 10,000.
If it rallied above 12000 meantime I would call the trade a failure.
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Old 11th July 2019, 09:24 PM   #137
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Originally Posted by Mycroft View Post
Can you clarify what that means? Does it mean you expect the price to fall? What time frame?
It means that Samson is betting on tails.
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Old Yesterday, 03:48 PM   #138
Samson
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Libra is being designed with utility as the primary function, allowing instant transfer without cost. Bitcoin is declining accordingly. Libra can "suck the oxygen" from all other cryptos.
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Old Yesterday, 04:57 PM   #139
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Libra has no speculative potential, and other cryptos are not used for utility all that much. I don't see it.
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Old Yesterday, 05:05 PM   #140
Samson
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Originally Posted by Dr.Sid View Post
Libra has no speculative potential, and other cryptos are not used for utility all that much. I don't see it.
I watch Blocktv, just google it, goes all the time with very clever speakers.
Way above my paygrade so I listen for the most sensible sounding ideas, and that was one of them.

Think about it, blockchain is a thing, and facebook has 2.5 billion users, many with no access to bank accounts, who look for an easy way to remit or receive money. Bitcoin may have done the heavy lifting establishing protocols, but intrinsic value will be forever out of reach.
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Old Yesterday, 05:56 PM   #141
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Originally Posted by Dr.Sid View Post
Libra has no speculative potential, and other cryptos are not used for utility all that much. I don't see it.
And a significant portion of the non-speculative utility of bitcoin is in paying ransoms, money laundering, and buying illegal products. I suspect that Libra will be an inferior choice for those purposes. Bitcoin is safe for now.
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Old Today, 10:36 AM   #142
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Facebook has had repeated issues with data collection, breaches of privacy, and lying about those things.

Anyone with even half a brain shouldn't trust them with their own currency.
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Old Today, 11:05 AM   #143
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Originally Posted by Samson View Post
I watch Blocktv
Sounds slightly biased towards cryptos.
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Old Today, 03:34 PM   #144
Samson
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Originally Posted by Belz... View Post
Sounds slightly biased towards cryptos.
Sort of, maybe more Fox than CNN or CNBC
Still, a subject that is more complex than I thought.
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