Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 10/04/2021, 18:59:56 UTC
Similar to the recent subject about when should we start to measure BTC's price because of course, one of the very first transactions to buy two pizzas for 10k bitcoin might not be as representative as prices a few months down the road when larger numbers of trades are allowed and even locations for conducting such trades become more common.. so in that regard, there is a kind of product of the number of transactions and maybe the passage of time, and I do have some troubles gravitating on any price analysis that uses 2010 data because it seems so sporadic.. but it seems by the time that we are getting to 2011, even if the BTC price discovery is relatively immature, it seems fair enough to start to use that data rather than waiting for 2013 or some further down the road date - at least in my thinking.

I'd agree. I think that, barring contrary evidence, that is perfectly fine to consider as the seminal event in the price discovery for Bitcoin. I've always been wary of wanting to throw out data because it doesn't fit a narrative.

When JJG drops baby talk, agreeing becomes easier.

Hahahaha  I will take this petition based on an assertion of cause and effect into consideration.... of course, no guarantees... because sometimes certain ways of expressing ideas brings funzies.

By the way, I doubt that either Richy_T or I are disagreeing for the mere sake of it.  Not completely sure because I consider some of Richy_T's Bigblocker ideas to be a bit ridiculous and maybe even deserving of some baby talk to ridicule those talking points more, but if Richy_T and I were to be talking about some more narrow point issue that might be more purely just about BTC in terms of how to measure BTC's price performance, then we might end up coming to very similar conclusions - but if we were to go into details and then start talking about the extent to which the altcoin market has affected BTC's price performance, for example, then we might end up getting into combative territories again..

So I have my doubts about whether the employment or non-employment of "baby talk" should be considered as materially and substantively significant in the whole scheme of things, and if some peeps are having trouble identifying some important, substantive and/or material points because they are getting distracted by word choice (or perhaps tone) then they mights be too sensitive to the varying meandering ways of the interwebs, including some proddings that might seem to go overboard from time to time... or maybe even some annoying patterns that might come out (I surely get sick of myself, so I am not too surprised that others might, too).

Chartbuddy is currently under contemplation.

Would be an interesting development... and surely no straight forward thing to keep going... concededly beyond my pay grade..

Yes Richy, come on give us that back. It will be more useful than bigblocking, at least around here. In diz here parts, peeps like the discussening of the actual King Daddy that is, not dee one that could have been. Amirite?

(Back to baby talk for the sake of pluralism - so you can feel free to disagree with me.)

Hey!!!!!!!!   U fuck-i-tie-fuck... stop be steawwing dee baby talkenings.


Something is not right about how this is coming out.

I mean that there are a lot of angles we could work this tire analogy, and if the tire really were flat, then I have no problem acknowledging it, but if the tire is merely low on air pressure or if it is starting to get worn and might need replacement, those are different variations in which the some attention or precaution might be needed to keep using the tire under that condition, but it would not necessarily mean that the tire cannot be used, but it might not be adequate for some purposes but still be adequate for other purposes and before winter comes it will be update or before going on a long trip air will be added.

Yes, that's kind of the point of the analogy. You can certainly drive on a flat tire and you may even reach your destination. You can also argue that it's not the tire that it's something else or even that cars are supposed to go thud-thud-thud-thud. Perhaps it's beneficial in scaring away deer?

It seems to me that we are really not getting anywhere with the use of the analogy, and I have made my points but you keep wanting to assert it as if the way that you set it up (or have been expounding upon it) actually applies to bitcoin.

Would be an interesting development... and surely no straight forward thing to keep going... concededly beyond my pay grade..

In truth, I could just switch him back on. The main issue with keeping him going was that the gathering of data would fill my hard drive space. Since I never switched off the gathering of data, this is an issue I took steps to take care of (mostly by increasing hd space). I think his output could do with a freshen though. There's also the issue of after a long absence, whether people would really want him back. People complained and fussed when I introduced him to the other forum and did a bit on this one too when he was first introduced. We may need a poll.

I was going to say something about the long absence potentially being an issue.. but I doubt that you used a poll the first time around in order to figure out whether to test it out, and members got used to it, but sure, if you believe that a poll could be helpful to inform your decision regarding reactivating such bot member, then I am pretty sure that Infofront would be willing to run such a poll in this thread - especially since the current thread seems to have been answered in the past 15 hours or so...

Alternatively, if you wanted to monitor the poll a bit better, then maybe another thread could be helpful, and surely you might even consider that members should be active in the WO thread for their vote to count..

Although if you want a quickie number, having Infofront update the poll of this thread for such would give you a pretty quick result to see if there is division or a clear leaning in one direction or another...