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Showing 20 of 96 results by fortif78
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Topic
Board Currency exchange
Re: 『Trust BTC supplier』Theresa bitcoins buy/sell shop『BT/PP/WU/MG/Wechat/Alipay』
by
fortif78
on 17/03/2017, 13:58:24 UTC
Hi, just posting to confirm that we are talking via live chat.
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Topic
Board Computer hardware
Re: [WTS] KNC Titan Miner
by
fortif78
on 05/01/2017, 21:50:55 UTC
Hi, can you provide pictures that include the piece of paper with your forum name on it?

Where are you shipping from, how much do you want for it?

PM'd
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Topic
Board Computer hardware
Topic OP
[WTS] KNC Titan Miner
by
fortif78
on 04/01/2017, 00:51:02 UTC
I have a fully functional Titan Miner that I am looking to sell; this includes 4 cubes and the controller.
I can provide pictures of the web interface as well as the physical miner itself for those interested.
If you would like to discuss further please feel free to PM me for details.
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Topic
Board Speculation
Re: KISS: Keep It Simple Stupid :-)
by
fortif78
on 24/06/2016, 02:37:31 UTC
Good speculation but i can believe only in 400 to 1k value but in 4k value its impossible to see it this price even in past 4 years.. its impossible that the price will hit in that price this is just my own speculation..

Impossible is not a term recognized by markets, which are inherently irrational. Speaking in absolutes will do nothing but lose you money in the end.
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Board Speculation
Re: KISS: Keep It Simple Stupid :-)
by
fortif78
on 23/06/2016, 23:05:17 UTC
That kind of growth just isn't realistic, though it definitely is simplistic.   Or maybe it will happen and it can be sustained and I'm totally wrong.   I would very much like that.

When Bitcoin is in price discovery it is completely realistic.
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Board Speculation
Re: Bitcoin DUMP!
by
fortif78
on 23/06/2016, 03:59:05 UTC
Epic shakeout. Enjoy the discount.
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Topic
Board Speculation
Re: Critical Levels - EW analysis
by
fortif78
on 08/06/2016, 17:06:13 UTC
Any idea on ETH ??

I am trying to mix Wyckoff analysis and EW analysis but getting stuck with the same issue, are we on a re-accumulation phase (which looks like a symmetrical triangle correction) or a distribution phase (which looks like the ending diagonal wave). As an example, here below I made a chart in the hypothesis that we are witnessing the creation of a ending wave/distribution phase (but I could have made a symmetrical triangle correction as easily). Is this correct ?? what do you think ? maybe it is just to early to decide?

I just had a look now at ETH/BTC and in fact it looks like we are far from completing the next leg of both hypothetical symmetrical triangle correction or ending diagonal waves ... which make me even more confuse  Grin


U wot m8? Let's try to keep the BTC EW thread clean of discussion about roadkill, ty ty.
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Board Speculation
Re: This article shows how BTC scale issue will not be solved
by
fortif78
on 08/06/2016, 17:02:41 UTC

WTF, Bitcoin is programmable money and the code can be changed on a dime, if need be. You will get quick consensus on issues with higher importance.. So developers will make these changes and

people will accept these changes, if it threatens Bitcoin's survival. At this stage, it's only a big issue for Gavinista's and Big block supporters will ulterior motives.  Roll Eyes If I had a Bitcoin for every time

Bitcoin were declared dead.. I would have been VERY rich.  Grin Grin Grin


 "Hey guys, [insert circular comments somewhat pertaining to topic], blah blah blah, don't mind me I'm just here for my signature post count, blah blah blah, the end.
There you go, summarized above for clarity.  Kiss

Anyways back on topic...


WTF, Bitcoin is programmable money and the code can be changed on a dime, if need be.

>throughput is still ~3tps
>core still didn't release SegWit it promised would be done the month before last
By "on a dime" you mean "In Two WeeksTM," right?

You speak as if these are things that should happen asap!!!!! get that implemented now now now!!! gah, what a weak argument - like the devs are just sitting around doing nothing  Cheesy the more time the better. These are serious changes to the way transactions are processed, they can take all the time they need to test every last edge-case .

>throughput is still ~3tps
>core still didn't release SegWit it promised would be done the month before last
By "on a dime" you mean "In Two WeeksTM," right?

Also - seems like you're one of those that loves to bable without any prior research.
Have you seen this: https://blog.blockchain.com/2016/05/16/announcing-the-thunder-network-alpha-release/            ?
There are scalability solutions that decimate that tps, and they will come, once again, with time.
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Board Speculation
Topic OP
Satoshi ?
by
fortif78
on 02/05/2016, 08:40:36 UTC
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Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
fortif78
on 26/04/2016, 21:20:24 UTC
You think this because you don't understand what the words Nash equilbrium means and how it applies to currency, international trade, and governments.  If a country like China and the US trade and both have their own currency, they both constantly do currency wars, devaluing to export, etc.  The person on the losing side of the trades would eventually demand the Nash equilibrium option and force the other into it if such an option existed.  The only way such a Nash equilibrium can be formed is if no single nation has a monopoly on the currency and it's accessible to all.  The only options for this on the planet are Bitcoin and gold (not closed entropy proof of stake systems).

The fact that I don't have to send a barge of gold to China over a time span of weeks to do a payment to utilize such a Nash equilibrium means it is fundamentally an extremely valuable system when the market cap of gold is trillions and less efficient in most ways.  You do not have the computer science background to do fundamental and cost benefit analysis of these systems.

I may not understand what Nash equilibrium means, but you perhaps don't understand what money is.

It is not hard to see why little bits of shiny attractive, and rare metals might have become used as 'money', because little pieces of these metal were desirable to own, just for the sake of having them. Even in the modern era of more sophisticated forms of entertainment, I myself still enjoy owning the little bits of gold and silver that I have in my possession, and it will be kind of sad when the day comes to cash them in. But even gold and silver don't really become money, until some authority states that little metal pieces with a kings head stamped upon them, are indeed money, and that the populace better start offering up goods and services in exchange for these little pieces of metal, because the king expects taxes to be paid by every subject, using these very same coins, which his treasury has minted, and will exchange for goods and services.

Money has always required some kind of authority behind it. If that 'authority' is some Indian chief with a penchant for giant rare kinds of feathers to put in his headdress, then large fine eagle feathers are money. If some Pharoah has a hard-on for gold and silver, with which he can adourn his palace, then gold and silver is money. Money is whatever unit of exchange, a ruling authority will accept as tribute from it's subjects. In the modern day, that ultimate unit of exchange is the US Dollar. Bitcoins value, is entirely derived from it's rate of convertibility into either the USD, or any number of other fiat currencies which are ultimately backed by the US dollar. If the USD value of BTC is going up, everyone wants to be holding BTC, if it is going down, nobody wants to be holding BTC. I understand that there is value in Bitcoin in terms of the potential ease with which value (in USD) can be transferred around the world, without the need for any of the conventional banking system, and/or clearing houses, but without that convertibility into USD, Bitcoin is worthless.

Arguably, if Bitcoin grows and becomes stable enough in value, it may be passed around as a substitute for USD, and business may gladly hold any BTC they may receive (as opposed to converting it immediately to USD b4 they even recognise payment). But consider the 'Money as Debt' allegory of the goldsmith who issued claim cheques on gold stored in his vaults, only to find the towns people were making payments to each other with the claim cheques as though they were the gold itself. Under those circumstances, the goldsmith's claim cheques, were as good as gold. They were money. However, should it become known that the goldsmith's vaults are empty cos he handed it all to a foreign trader in exchange for luxurious goods, then these claim cheques become worthless. In Bitcoin's case, it won't be a lack of gold in the goldsmiths cellar, but a loss of confidence in the Fiat currencies which give Bitcoin it's value to begin with. As sick as it may sound, collapsing currencies will prove fucking great for Bitcoin, but only so long as the USD stands. Should the USD go down (and I am not that sure that it will anytime soon, but who knows), then the goldsmith's vault is truly empty, and the good townsfolk are going to have to ask themselves the question, "what really is wealth?" Could anyone expect the poultry farmer to exchange his eggs in return for some claim cheques on wealth that is no longer in the vault? Under a USD collapse scenario, is some large oil company going to deliver oil to a customer in exchange for a number of digital tokens with no tangible value, and with no powerful entity enforcing their use? No fucking way! Only chance Bitcoin has of becoming 'money' is if turns out some entity who control a sufficient volume of raw materials, production capacity, and military might, turn around and say, "ok, don't panic! We have the bread, we have the fuel, and we have the guns, and we will see you all alright, providing you pay us with these digital tokens, which we also own 90% off, and can set the value off, and decide how many Satoshi's to give your sorry arse for your hours of daily toil".....

But whilst it is all well n good reminding myself of Bitcoin's glaring limitations that all you Bitcoin Nutters don't want to acknowledge, that don't mean that Bitcoin aint gonna pump, and dump, and then pump again, to who really knows what limits. I suspect that the upper limits of this pump will ultimately be somewhere between $850-$1000. Has Bitcoin broken out it's range, is it now once again, a trending bull? For sure! But will it come back down to flush out all the weak hands and the too late to the party leveraged longs? I sure fkn hope so, otherwise the train has left the station, and I aint on it.


lol.
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Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
fortif78
on 07/03/2016, 17:21:20 UTC
Has anyone bought some pizza with ether yet?

Any pizza shop can accept ETH easily, for example, by installing a mobile wallet for Ethereum: https://www.jaxx.io/

He wasn't inferring that it wasn't possible.

There's a difference between possibility and actually occurring.  Roll Eyes
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Topic
Board Speculation
Re: Nights Watch by Afrikoin
by
fortif78
on 29/02/2016, 17:14:56 UTC
Looks like a triangle is shaping up before we resume the uptrend to find a C wave top of the B wave of the full correction since the $1163 high. However, if we break the ~$380 level, BTC will likely resume the downtrend straightaway.




I still don't buy the triangle - Here's why:

In a triangle formation, at least in terms of EW (not sure if that's what you practice), each subwave of the triangle must subdivide into 3's.  And it works.. until around the end of the C. I would argue that (a) on your chart you prematurely place C, I would put it further up where we come in much closer range of the rising trend line; in the event that wave C actually finishes a little further up where I mentioned, I would then argue (b) wave D is in no way a 3 wave structure.

Now, couple these two points with the fact that literally everyone and their mothers are tracking this triangle, and I would say there's a good chance it doesn't play out.

Still may though  Lips sealed  Grin
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Board Speculation
Re: Morecoin analysis [bitcoin/USD market observations]
by
fortif78
on 08/12/2015, 18:42:41 UTC
Looks like the Bearish Divergence wins this time around.

Hmm did it? If I were a trader that sold into that one I wouldn't be too happy right now.
Kiss

It did.

look at the dates of those posts.

I'm aware dawg. It was only a pull back before moving up further.
Selling there missed more upside potential.

Unless you're implying that you traded out at ~$380 and then bought back in at ~$350 to profit, but based on the rest of your posts on this forum I'm not really thinking that was what you were looking to do.  Lips sealed
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Board Speculation
Re: Morecoin analysis [bitcoin/USD market observations]
by
fortif78
on 06/12/2015, 23:05:07 UTC
Looks like the Bearish Divergence wins this time around.

Hmm did it? If I were a trader that sold into that one I wouldn't be too happy right now.
Kiss
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Board Speculation
Re: update: 11/30/2015
by
fortif78
on 30/11/2015, 22:10:41 UTC
New week, new money flowing in. On our way to $400.



Strong buy and sell signals on the simple moving average (12h).

(BITCOIN PRICE INDEX $376.57)

Does the steadily increasing bearish divergence on 1hr and 4hr charts not concern you?

https://www.tradingview.com/x/a8zjxHmI/

If Bitcoin is going to get to $400 on this move, then it is going to require a shit ton of retail investors stupid enough to gobble up $380+ sell walls, only to run into a barrage of selling pressure around $400 mark.

The thing about divergences on technical indicators is that they're all lagging in terms of displayed information. What looks like bearish divergence now may get destroyed, but there is no way of knowing until after the fact. The previous run up to ~$500 had a ton of bearish divergences along the way in those time frames, and they were blasted through. If the divergences currently fit the picture with other factors, I'd take them into consideration, but I wouldn't pay much attention yet..
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Board Speculation
Re: Critical Levels - EW analysis
by
fortif78
on 10/11/2015, 22:31:22 UTC
I guess something subtle has changed in Bitcoin trading mechanics, and chessnut hasn't adjusted yet. I believe that even with all the proper TA, there's still some intuition attached to determining probabilities of various outcomes.

Please elaborate on (bold)

What's there to elaborate? He just means being in tune with the market.
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Board Speculation
Re: Analysis never ends
by
fortif78
on 11/10/2015, 19:40:06 UTC
And watch them drop to $230. But at what cost? And risk? P&D is getting expensive in Bitcoinland.

Uh, wut?
Price movement isn't constantly synonymous with either a pump or a dump. This is a market playing itself out, every move up or down isn't orchestrated by a band of deep pockets artificially raising or dropping the price.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
fortif78
on 30/09/2015, 01:10:27 UTC
Holy DUMP  Cheesy
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Board Speculation
Re: Analysis never ends
by
fortif78
on 17/09/2015, 17:54:17 UTC
It means it is very strong

Not broken yet
At BTCWisdom is very well broken and we are still below - in fact we only touched it with a spike....

Though last week's bar did close below, I wouldn't call a support line of that magnitude broken until this week confirms it.
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Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
fortif78
on 17/09/2015, 04:31:43 UTC
The solution is the senior pirate distributes one coin to each priate, except the second most senior pirate gets no coins and he keeps M+2-N coins for himself.
 
  
There are 7 billion pirates (sorry, I meant n pirates) who all are using silver coins with different Gods drawn on them to transact with.  Pirate #1 wants all n-pirates to adopt new and improved gold coins with no Gods drawn on them.  Luckily, he is an idealist and isn't necessarily looking for maximum profitability in this game; his only goal is to convert as many of the pirates as possible to the magical gold coin standard.  Right.... I forgot to mention that these are magic gold coins which can be instantly teleported to anyone on the planet, and no one has to know about it.  Despite the advantages though, this might be an uphill battle.  Most pirates are deeply religious and deeply value their silver with Gods drawn on it.  These new magical gold coins might be superior, but they also use witchcraft (which is untrusted and considered dangerous by many).  
  
Overnight millions of magical golden coins begin to appear in Pirate #1's lair.  This is because he is the first believer, and after all: they have to go somewhere.  The power of these coins is such that anyone who makes a statement of faith: "I believe in the power of the magical gold coin." will also be able to share in the miraculous appearance of gold coins in their lair (although the total amount that appears will slowly decrease over time to a minimum).  To compound the problem, it is possible to compete for a greater share of the magical gold coins by building ornate altars in your lair, the materials of which can only initially be bought with the holy-stamped silver (because no one accepts the magical gold as money yet).  
  
Assuming that Pirate #1 has the ability to immediately contact up to 1% of the pirates (of varying dispositions towards the witchcraft that these coins use, and who also have varying connections to eventually contact the other 99% of pirates), and his goal is to convince as many as possible to value the magical golden coins over the holy silver coins, what is his ideal strategy?  Historical precedent?  
  


bravo.  Cheesy