Bitcoin technical analysis

Yeah, doing a 5 year python backtest encouraged me as well. So why not? I said.
It's all fun and games.

I have more than 5 years of real skin on the line "test"
Trading must be fun after so many years, buddy
Never bet your farm in, that's the secret if you want to keep it nice and fun ! Set small profit rate and reasonable drawdown, and you should sleep well at night

Addiction and greed are killers !
I mean look at this Not-KPMG fellow, he acts like he lost his soul in this game !
His attitude and his trading demo explorer are the best examples for what people should NOT be doing in trading or investing ...and life

Yeah man, if i were greedy this test account would've probably hit %200 growth already.
I'm keeping it minimal and realistic, to observe what happens when i'm doing it on real.
Greed is the true killer, totally agree.

There are three ways to make a living in this business: be first, be smarter, or cheat.

Although you can cheat or be a smart ass, it sure is a hell of a lot easier just being first

Can you hear now crypto advisers advising big investors these days :
Sell it all, today !

Hey there, big crypto investors, bitcoin is dragging and hovering now, who wants to be the last this time ?

I tried to be all three, and my trading results improved by a lot.
Haha damn you Tud, you're right on the point!

I don't read dumpfo language...


I imagine you guys cryyyy

Bitcoin baaaa baaaaaaad


Bitcoin bbbbuuuuubbbuuuuullaaaaaa

Hi liar

Weren't you the one kissing my asz and begging for advice.. .. And praising my demo


Ohhh history ..

Why can't liar delete it

Lmao, this thread is such a shit show.
I'll visit here more often.

Scamcoin is aiming 17.xxx
Analysis : my guts
Deal with it

I do read your shit It says there, ....bollocks, because someone didnt listen not-kpmg
Hey, why do you care about people who never listen to you ?
Why do you care if we win or lose ?
Why do you seem to scream and shout all the time ?
Why is so important for you to show up like this calling so many people stupid
...we don't work for the governments,
...we dont work for the central banks,
...we don't print money...
...we are just traders

Why do you play this tragic clown all the time ...this is typically a frustrated loser attitude

What do you have to lose if we dont believe you ?

Well, I was your friend until I have discovered you are a crook
I knew nothing, absolutely nothing about crypto when you fanatic were shouting against "criminal banks". I am not ashamed of that

Now I know the banks are what they are, and they do what they do, and that will never change even if a crypto ecosystem,
...even if we will call them crypto loan sharks who will fleece dumb crypto lovers by oligarchic mining fees,
...and volatile chaotic intrest rates,
...and cost-push inflation will end everytime in a periodical crash of the labour market
...but you are anarchists, escapists, criminals, mental terminated losers...

Real money involves sovereignty, but is too complicated for you

Now I know you are sick and a villain

Dump it!
Dump the bitcoin trash !

Take care, Not-KPMG will sue you ...here

Does that make me a Guru ?

I will make some statements without going into explanation in the interest of time, but we can go into how/why's if needed later.

Cardano: Eth competitor.

Pro: Scientific analysis and study applied to protocol design. Going the way Eth 2.0 is going and is a step ahead.
Con: Those analysis aren't widely accepted as the best designs. Charles got a partnership with a university and had lots of funding to bring in new grads and PHD thesis students to study his protocol design and improve it. Problem is no industry veterans are present and no businesses providing feedback loops.

Bottom line: It has a slight lead technically but is quickly diminishing as the more democratic/decentralized development of Ethereum is already catching up. IE: zkrollups and oprup's allow Eth to be thought of as a court system (something I have been talking about for a long time). Thus if everyone thinks this way, it will end up more efficient to design DApps this way. However the fundamental design of turing complete SC's will lead to further complications and scaling challenges that UTXO payment systems will not have.

Vertcoin: Asic resistant bitcoin
Pro: None that I now of but it has a cool logo. The design concept was flawed upon inception. Asic resistance is a bad thing (ZCASH and ETH learned this the hard way).
Cons: Asic resistance leads to lack of adoption and no circular economy of miner to resource allocation costs adding a minimum floor to price appreciation. This design will forever suffer and if it breaks through an ASIC can be made.

Bottom line: Worthless but it can be worth something. What can they do? They can use AI or some sort of fuzzy deterministic randomness to solve ASIC resistance for good and thus the last statement will not hold, thus it will always be resistant which has its problems but atleast it will suffer if it does break through. I don't think they will do such a thing though as its not something anyone has solved.

IOTA: DAG based p2p protocol with hash comittments for payments
Pro: Fast, fee-less, users provide resources to secure their own transactions.
Cons: Complex game theory that may not hold up at scale. Fee-less isn't free. Centralized components because the chaotic direction of the system (push it back in the right direction) which was recently let off of the training wheels. No inherent security model backing the network. The white paper had no formal proofs for such grand claims. Spectre was a better version of this DAG concept I posted links of it around here somewhere, its a whitepaper written by the same guys which inspired the Ethereum early consensus designs (GHOST). That one is backed by mining but DAG for replacing the longest chain rule decision to instead use heuristics analyzing the DAG to determine honest branches vs dishonest (fake).

Bottom line: Interesting experiment, I have doubts of it working at scale as cost on users will rise exponentially as the system is used. No miners to offload these costs to in exchange for money. No miners to keep it from veering off into chaos and breaking.

Most "altcoins" have pro's and con's with 99% con's outweighing the pro's, which is priced into the markets right now. Then because of herd mentality all of these coins get grouped up into the same basket (bitcoin vs all). Some have pro's outweigh the con's through the fundamental design decisions required for scalable secure and decentralized settlements. Most try new things though and end up breaking critical design parameters which were part of Satoshi's breakthroughs.

Bitcoin has pro's and con's but con's are all related to scale and performance. This is something being worked on but in there is room for others to improve or "offload" traffic from Bitcoin. The pro's are security and decentralized settlement of value. Most of the early alts tinkered with keeping the pro's and working on the con's to minimize. Keep all the pro's is very critical and that is where most of the "newer" alts start to fail.

LOL.

Jag, this dumpfer will neeeever understand


Forget him

That's more like it !
Thanks!
Nice argumentated research.
Not that anarchist blabbering from Not-koko-pongo-mubo-Gumbo.
Although I keep my doubts guessing that crypto will remain marginal forever, this I can buy and/or I can respect.

I have to go now but I'd like to reload that talk about how crypto can be an efficient realistic alternative to monetary policy classical tool, after all considered ...maybe some other time.

You dumpfer dumbopov can't grasp it for yourself
You are just a filthy hater
Mind your bad taste hype ...you actually harm bitcoin, moron !

Hi liar

Is that you kissing my behind???

My advice was awesome, wasn't it


What u complaining about, dumpfoooo.


Ungrateful liar

Ph

Soooo

Ungrateful asz kissing liar...

My demo was good then????

Then I ignored your useless a.. and you flipped???

Get help!!! A lot ...

There's free mental clinic near your tent.



And yes I abandoned my Demo.

Sue me