I am hyper pissed off at you guys that you do not care that the world will be turned into a 1984 in your lifetime.
The Bitcoin community in general and people who frequent this thread in particular seem to be overwhelmingly wary of centralizing tendencies in government and possible 1984 scenarios. Just because many of us here are not convinced by your arguments about Bitcoin being a TPTB-engineered honeypot (or we might be too stupid to realize, as you might interpret it), doesn't mean we are cheering for a reptilian illuminati NWO clusterfuck, quite the opposite.
I am very aware that I have little to no technical knowledge to offer in this space. That is why I limit my activity to the one beneficial service I can provide: pointing out, that we are all allies in the intellectual fight against centralized one world government and in order to succeed, we need to leave our egos at the door, lest we just end up mimicking the struggle for becoming top-dog, alpha-males, claiming control over what people should do and think, which makes up the current structure of TPTB. We need discord for the decentralized agenda, so let's be friendly about it, shall we. Discord can be a lot of fun.
sidhujag & Pruden,
you are going to get f*cked. get out now. this one doesn't look like its coming back:
you are going to get f*cked. get out now. this one doesn't look like its coming back:
I have been following this graph you keep posting for a while now and I am really interested to see what (if anything) happens, once it breaks down below the support that is indicated.
I would actually appreciate some explanation as to why this particular chart is so important, because to be honest I don't understand its significance - I just like the pattern you have spotted
Keep up the good work.
Dow Theory is a particular form of technical analysis based on a presumed linkage btwn 2 well known and followed indices, the Dow Industrials and the Dow Transports. not everyone agrees that it is useful, as in all techniques, but i personally use it along with others. i think it is important since it is so well known and followed. if the Transports aren't following a rally in the Industrials that shows that there is a non-confirmation or divergence warning of underlying, underappreciated problems in the real economy. can't have true industrial production if the transportation companies aren't moving the resources. it also fits nicely if you believe that there is a PPT that manipulates the small set of companies that comprise the Dow Industrials upwards on a regular basis w/o having to pump money into all stocks across the board. lotsa ppl focus on the Dow Industrials. i think this is true. everyone i know, from taxi cab drivers, to sophisticated money managers follow the Industrials on their phones for signs of trouble in the economy. yeah, the SPX would probably be a better indicator but like i said, manipulators should theoretically manipulate the easiest manipulable indices possible and that would be the Industrials. anyways here is more info:
https://en.wikipedia.org/wiki/Dow_theory