All posts made by The Pharmacist in Bitcointalk.org's Wall Observer thread



1. Post 48940812 (copy this link) (by The Pharmacist) (scraped on 2020-04-04_Sat_16.23h):

Seems like there's a little flame war in progress here, but when I was thinking of where the math geeks and TA people hang out on bitcointalk, this was the first thread I thought of.

I made a thread in Economics asking for some smarty-pants math analysis of another thread I was posting in, where the OP (jjjfff) seems to be getting things wrong--but as I explained in my own thread, it's been a long time since I've applied math to anything and don't trust my own analytical skills to figure out what's wrong with what jjjfff is saying.  What he posted about (the Fed printing money and the stock market's response to it and so forth) is interesting to me, but that little voice inside my head is screaming that he's a nutty conspiracy theorist who might be getting his facts wrong.

My thread in Economics is self-moderated and only got two replies so far, only one of which was a little bit useful.  That section is a shithole and I'm sure my thread is getting buried under a mountain of garbage threads.  I'm offering some merits to anyone who can give me some insight into jjjfff's claims, i.e., whether they're correct or way off base.

If anyone is interested in maybe earning some merits and knows math and can explain some of jjjfff's assertions with math to back it up, and also knows a little bit about inflation, the stock market, inflation-adjusted stock charts and TA, please read both my thread and the one by jjjfff that I linked to above and respond in my thread.  I made it self-moderated due to the shitposting problem, but I won't delete posts by anyone who puts some effort into their reply.  My sMerits may run out, but if they do I'll keep track of who made informative posts and merit them when I get more.  I know I'm not offering a huge reward for this, but I hate when people post wrong information.  I'm just not 100% certain jjjfff is wrong. 

Just as an example:  jjjfff made a statement that the slope of the 30-year DJIA chart=% gain, and I know that to be false.  I tried to rebut that, but he said I was overthinking it.

Thanks in advance for any help.



2. Post 48940916 (copy this link) (by The Pharmacist) (scraped on 2020-04-04_Sat_16.23h):

Quote from: realr0ach on December 29, 2018, 04:00:21 AM
^I just started looking at it and all I can say is that jjjfff red line on the chart is the most arbitrary, meaningless line I've ever seen.  About the same or worse than most arbitrary, meaningless lines shitcoiners use in these threads.
All the mathematics I've learned so long ago is somewhere hidden in my brain, but that info is contributing to my intuition, which is drawing the same conclusion. 

I just don't understand enough about the Fed's money-printing and how it actually works and whether that contributes to the "linearity" of that 30-year chart jjjfff displayed.  I would imagine that interest rates and many other factors are at work, but it appears jjjfff is tunnel vision about the Federal Reserve.

Thanks for replying.  I'd like people to post in my thread or his.  If he's full of shit, I'd like him to hear it and he's not going to if it's all posted in this thread--and it would be way off-topic anyway.  Thanks again, though.



3. Post 52537192 (copy this link) (by The Pharmacist) (scraped on 2020-04-04_Sat_17.02h):

Quote from: _javi_ on September 23, 2019, 01:23:09 PM
It seems i´m not the only one not understanding Bakkt.  Huh
Nope, can't say I totally understand it myself.  I thought it was basically a futures/options market for bitcoin which would allow investors with a lot of money to gain some exposure to crypto without actually having to own it outright--much like how precious metals are traded on Wall Street.  Those commodity traders don't actually want to own a bunch of gold bars; they just want to speculate on the price for hedging reasons or whatever. 

28BTC as of a few hours ago?  That's low, and that's putting it nicely.

Quote from: _javi_ on September 23, 2019, 03:40:44 PM
Observing 51BTC..
And 51 now?  Still pretty low.  Way more than I'll ever see, but this is supposed to be for the big dawgs, eh?  Sheee-it.