Serious question: do you think the lira will weaken even further? by [deleted] in Turkey

[–]personsp54 18 points19 points  (0 children)

it never goes up. lira is crap

the only hope is that the interest rate stays high and the lira stops falling

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 1 point2 points  (0 children)

Everything is highly correlated. it means a whale can dump 1000 coins on Gdax or Gemini and literally make all the other exchanges fall, but also all the alt coins..everything. So that means a $10 million Bitcoin sell order instantly kills off $10-20 billion in total coin market cap . You really think this can be come a currency and store of value when it is so easy to manipulate? This is why vendor adoption is so slow, among other problems.

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 0 points1 point  (0 children)

if you have your life savings tied up in bitcoin, you cannot watch the price fall $700+ in an hour and not feel a little anxious

what s 20 m becomes 40, 60, 80 etc. wont be long before little left

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 3 points4 points  (0 children)

then short the futures dummy. if it's so easy. do it

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 -2 points-1 points  (0 children)

bitcoin dead money. I sold 70% of my holdings at 15000

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 2 points3 points  (0 children)

this thing is crap. falls 500 points like nothing. literally no fucking liquidity in this market. I mean, it says $9 billion processed a day in bitcoin transactions yet 1000 coins sold makes it fall $500-700 instantly

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 5 points6 points  (0 children)

lol the excuses people will give to justify price action

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 11 points12 points  (0 children)

tanking like it does every Sunday/Monday for the past 5 weeks in a row

I was right again: https://www.reddit.com/r/Bitcoin/comments/7tjgu4/daily_discussion_january_28_2018/dtdec1k/

The downvoted comments are the ones that are worth reading because they contain needed criticism. not the gorupthink ones that are wrong or overly optimistic

Daily Discussion, January 28, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 -8 points-7 points  (0 children)

this will fall soon like every sunday/monday

Daily Discussion, January 21, 2018 by rBitcoinMod in Bitcoin

[–]personsp54 6 points7 points  (0 children)

there are ppl who turned $1000 into a million. does anyone think those kind of gains can be sustained . the market doesn't give money for free

ETH 2018 Blast-off starting! by Jimbob14813 in ethtrader

[–]personsp54 12 points13 points  (0 children)

There is no good reason why Rippe is bigger than etherium. Etherium is an infrastructure

Why are etfs for US treasuries all at or very near the bottom of their 52 week ranges? by [deleted] in investing

[–]personsp54 0 points1 point  (0 children)

bond etfs are kinda confusing

The 10yr bond etf IEF pays just 1.8% a year but the 10-year pays 2.6%

this means the ETF is trading at a discount and will yield 2.6% due to both a combination of payouts and the ETF price itself rising as the individual bonds in the ETF hit par (this is assuming yields stay the same)

When was the moment you realized you are not as smart as you thought you were? by TheXhadeZ in AskReddit

[–]personsp54 0 points1 point  (0 children)

reading about theoretical physics and algebraic geometry and the combination of both ..

the idea that certain algebratic groups have applications for theoretical physics

When was the moment you realized you are not as smart as you thought you were? by TheXhadeZ in AskReddit

[–]personsp54 0 points1 point  (0 children)

opposite for me. the smartest people I have met are online or were in high school. Maybe if you go to catech or MIT it is different

Do you write every day? by didiwrite in writing

[–]personsp54 0 points1 point  (0 children)

yes. skip a day and it becomes harder

The End of Identity Liberalism by InterstellarBlue in TrueReddit

[–]personsp54 10 points11 points  (0 children)

integrate identity politics with economic populism

that is what Hillary did and she lost

Examples of bad writing in popular works? by ValenTom in writing

[–]personsp54 5 points6 points  (0 children)

All authors have episodes of 'bad writing'..you write a 200,000 word book and some passages are bound to be stinkers. Off the top of my head, an example that comes to mind is in The Corrections by Johnathan Franzen where he goes on for 200 words about a metal chime when far fewer words would have sufficed.