Thursday, October 3, 2019

[Daily Discussion] Friday, October 04, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Friday, October 04, 2019

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


Withdraw Process - Beginner guide, Transferring bitcoin to your wallet

https://www.youtube.com/watch?v=In8RVYfEuXI&feature=youtu.be

Bitcoin To Reach $25,500 By May 2020, Says Cryptocurrency Analyst. Bitcoin will reach $25,500 by May 2020, says cryptocurrency market analyst Jonathan Morgan. The date corresponds with the halvening event, in which the

https://news.crypterium.com/bitcoin-to-reach-25500-by-may-2020-says-cryptocurrency-analyst/

Bitcoin To Reach $25,500 By May 2020, Says Cryptocurrency Analyst Bitcoin will reach $25,500 by May 2020, says cryptocurrency market analyst Jonathan Morgan. The date corresponds with the halvening event, in which the

https://news.crypterium.com/bitcoin-to-reach-25500-by-may-2020-says-cryptocurrency-analyst/

feelings of being stuck

hey. im posting this here because idk what else to do, and thought that someone out there could possibly help, or that my story could help someone avoid mistakes i've made

i started playing poker professionally in mid 2017, and for a while it was pretty great. i started out grinding live 1-2 at a local casino while living at home, quickly spun up a roll, and eventually moved to one of the bigger 2-5 NL hubs in the u.s.

my first month there was arguably the worst month of my life. my girlfriend of 4 years had just broken up with me, and that coincided with my biggest career downswing (almost 10k, probably had 55k at start of downswing). dealing with all of these external stressors was not easy for me. I have a history of depression, and all of these things lining up together threw me into one of the deepest holes i've been. there were days (prob less than 5) i spent 20+ hours in bed; only getting up to smoke some weed or find some shit food to eat.

i took some steps to pull myself out of this zone. hired a therapist, regular exercise, attempting to eat healthier, self-help books, etc. all of this, and some run-good on the poker tables, had me back to a fully-functional (and arguably stronger) 2-5 grinder.

i basically god-moded for the next 6 months or so. I prob made 45k with one or two 5-8k downswings thrown in along the way. I'd begun playing 1-2 on ignition (initially for practice/ studying, but then continued bc games were good my hourly there was comparable to my hourly grinding live 2-5) and consequently got my hands on some bitcoin. i was already somewhat familiar with what it was and was generally bullish (still am) so figured i'd hold on to a couple of the fuckers since the roll was so healthy and it seemed like a decent mid-long term investment. well, what fucking timing this turned out to be, as price soared from 4k to rougly 8k by end of may. it was around this time that i think my success began to go to my head a bit. i mean, not that i had done anything particularly grand, but i def had a somewhat constant euphoric buzz going on basically around the clock. I was 25, had over 100k nw, had investments that seemingly were going to be worth millions in the not-so distant future (/s), and worked my dream job in which i was able to get away with whatever the fuck i wanted. "Damn, it feels good to be a gangsta," was like my life theme song, playing wherever i went. is this kind of phenomenon experienced by other pros when upswinging?

it's summer now, and the dreams of shipping a tournament are abundant. i create a ~15k package, and sell about a 1/3 of myself to maintain sanity in case things go poorly (net worth >100k at this point, abi mtt is probably 1100). my lease expires at my current spot, so i'm off to vegas to bluff johnny chan or something.

...or something indeed! i cashed just 1 out of probably 12 tournaments and broke even in cash. it felt not good, but I think i had/have a better understanding as to how big variance is (especially in mtts) relative to most, so I was pretty ok with this. not to mention, btc had topped at 14k, which def made dealing with the negative mtt variance a bit easier.

the highlight of my wsop was day 1 of the main event (didnt initially plan on playing, but I was able to sell 75% and it'd been a dream of mine to play since i was a kid, so fuck it, ill take a shot). my table is a joke. it is unfathomable to me that these types of players both exist AND somehow have $10k to light on fire in a poker tournament. one of my table mates felt the need to heavily exemplify the lack of fucks he gave about this $10k. the dude showed up for the tournament pretty drunk (started at 10am, LOL). first, he has this weird interaction with the dealer where he sits down in seat 5 and dealer tells him he's in the wrong seat, and to move to 6. it takes the guy an abnormal amount of time to understand, but eventually he figures it out and moves over. ok, let's run it. few hands go by and the drunk guy scoops a small pot (probably less than 1k chips and we started with 50k). the seat next to him is unoccupied but there is a stack in front of the seat that is blinding out. as drunk guy scoops his pot, he "accidentally" scoops the chips next to him, in what appeared to either be an extremely slick (/s) attempt to find an early double, or an attempt at a bad joke. imo, it was most likely either a poorly timed joke or the dude was just so fucked up that he just didn't realize what he was doing, but we will never know for sure. either way, jack effel promptly dq'd the guy, which i think was absolutely too harsh. i still regret not jumping to this guy's defense, as i really doubt there were any truly ill intentions behind his actions.

one more quick highlight from my day 1 : i mentioned my table being a dream, and it was, with the exception of one player. a former main event champ, joe mckeehen. i didn't know much about him prior to this except that he was a part of chance's Chip Leader Coaching team, which made me think he was prob a beast. and i was right... the guy undoubtedly had an edge on me (and ofc rest of table) and both played and carried himself extremely well. i played one hand vs him that was noteworthy, particularly because of what he said to me afterwords.

cant remember exact sizing's so bear with me: joe opens hj 2.2x, button call, i call bb with td8h. flop: q67r. i check, joe cbet 1/3 pot, button fold, i call. turn: 4x (i think i could do some leading on this card since i improve to straights and 2p at higher frequency than joe, but who tf am i to just lead into the former champ??) i check, joe bets 2/3. i think x/c and x/r are both fine, but decide on x/r this time. sizing was something where i'd set myself up for 80-90% jam on the river if he called. joe takes a few seconds, and as he's picking up his cards to throw them into the muck, says something like, "i really don't believe you, but i'm not going to call you down. don't do that again, kid." what a thing to fkn say man, absolutely legendary. he folds. i think to myself, "i've bluffed the champ! call me mike mcd mother fkers."

in all seriousness though, he obv did pick up on some sort of live read, but even with whatever that was, i think over-folding a high-variance, bluff-catching spot vs the only other competent player at the table makes a lot of sense given this is day 1 of the main event and our table is a complete and total joke. wp joe, and thank you for the story. a true legened, imo.

anyway.. fast forward to day 3 of the main and i'm out a few hours before making the money. talk about maximum pain, man. i felt i'd basically avoided any real feelings of tilt/ disappointment prior to this despite a pretty brutal summer, but busting the main was a scratch on the surface of the negative emotions/ tilt i'd buried during the bad downswing i had after my initial move away from home.

the roll is still healthy. the price of btc is falling, but my nw is still around 95k. even though i still have plenty of money and am well-rolled for the main game i want to play (1500 cap 5/t), i have this weird psychological block where it feels like i dont have enough. i think i began to feel this more so when i dipped below 100k. it's like my brain has this weird obsession or belief that i need to be over 100 to be complete (i know, sounds insane, but again, im curious if others experience this kinda thing?) somewhat dejected, i head back home to spend a few weeks with the family before i head out to LA to set up a new home-base.

fast forward to now: i've been renting a room at an air bnb for a little over a month. i'm breakeven over my last 700 hours of live poker (about 175 of those are me losing ~15k at mtt's). i've played about 135 hours of 5-t since moving to LA and an stuck about 6k. pretty normal i think. btc price back down to 8k though, so that + life expenses has brought the networth down to about 85k (70k liquid). i know, i know... plenty of money, even for playing 5-t. but holy fuck man, it does not feel that way. i feel like i did a year and a half ago when i first moved to the 2-5 hub and was dealing with downswing + major breakup. it's quite difficult to even get out of bed and take a shower. forget getting my ass down to the casino and actually putting in some volume in the volatility-chamber. it simply doesnt feel possible. it feels especially risky. like i want to avoid even giving myself the chance to book another losing session because i know how much it'd hurt. do other pros deal with shit like this? if so, what kinds of techniques do you use to combat these feelings? is there a way i can trick my brain into thinking more rationally?

idk how i feel about actually posting this shit. i'm pretty self-concision in general. i will say that writing this out has been therapeutic in some way, and i do feel a bit better. maybe tomorrow will try and do a low-volatility online session. going to try to get outside and get some sun while i still can today. enjoy the spew/ wsop main event weirdness


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Premium IPTV - Focusing on Premium North American and International Channels - Firestick APPROVED - BITCOIN ACCEPTED

Welcome to Premium IPTV. We offer North American and International Channels.

Currently our USA feeds are pretty spot on. All other sections including Canadian are a hit or miss right now.

Please keep in mind even though our service is up and running, channels are and will be having issues until all the the dust settles.

We offer both M3u and MAC type connections.

We offer VOD and 3 day catchup service.

We will provide you will all the connection details, apps and guides to get you going.

Prices are quoted in Canadian dollars. (2 connections per subscription)

  • 12 Hour Trial = $3 ($2.50usd roughly)
  • 1 Week Full Pass = $10 ($8usd roughly)
  • 1 Month Package = $19 ($14usd roughly)
  • 3 Month Package = $53 ($40usd roughly)
  • 6 Month Package = $93 ($70usd roughly)

Payment Options......

  • e Transfer
  • Bitcoin (btc)
  • PayPal (must use Friends and Family option).

PM me for more information on our service.



Add to your calendar Bitcoin (BTC) event: CME Futures BTCV19 - October 28, 2019

https://kryptocal.com/event/30802/cme-futures-btcv19

Add to your calendar Bitcoin (BTC) event: CME Futures BTCX19 - December 2, 2019

https://kryptocal.com/event/30806/cme-futures-btcx19

Add to your calendar Bitcoin (BTC) event: CME Futures BTCZ19 - December 30, 2019

https://kryptocal.com/event/30807/cme-futures-btcz19

Add to your calendar Bitcoin (BTC) event: CME Futures BTCH20 - March 30, 2020

https://kryptocal.com/event/30808/cme-futures-btch20

Add to your calendar Bitcoin Unlimited (Futures) (BTU) event: Paris Blockchain Summit - October 18, 2019

https://kryptocal.com/event/30823/paris-blockchain-summit

[uncensored-r/BitcoinMarkets] [Daily Discussion] Thursday, October 03, 2019

The following post by AutoModerator is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ BitcoinMarkets/comments/dclqea

The original post's content was as follows:


Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Premium IPTV - Focusing on Premium North American and International Channels - Firestick APPROVED - BITCOIN ACCEPTED

Welcome to Premium IPTV. We offer North American and International Channels.

Currently our USA feeds are pretty spot on. All other sections including Canadian are a hit or miss right now.

Please keep in mind even though our service is up and running, channels are and will be having issues until all the the dust settles.

We offer both M3u and MAC type connections.

We offer VOD and 3 day catchup service.

We will provide you will all the connection details, apps and guides to get you going.

Prices are quoted in Canadian dollars. (2 connections per subscription)

  • 12 Hour Trial = $3 ($2.50usd roughly)
  • 1 Week Full Pass = $10 ($8usd roughly)
  • 1 Month Package = $19 ($14usd roughly)
  • 3 Month Package = $53 ($40usd roughly)
  • 6 Month Package = $93 ($70usd roughly)

Payment Options......

  • e Transfer
  • Bitcoin (btc)
  • PayPal (must use Friends and Family option).

PM me for more information on our service.



In a few weeks it's only going to be six months until the next halving!

All previous bull markets were official, obvious, and well underway at the time of all previous halvings. Meaning that if history repeats then the halving is an event which confirms that the lows are already in and to expect higher prices going forward.

This is not news, everyone knows about the halving now and its impact on price. How long will the big players hold out waiting for lower prices, four months until the halving? Three months until the halving? Two months until the halving? Within the next few weeks or months they will all have to bite the bullet and just buy what they can before the halving.

Its time to finally come to terms with the fact that $3k was the low and that with every day that passes the likely hood of slightly cheaper bitcoin diminishes.

We have just had a huge 45% pullback, that was your opportunity to buy the dip, don't come crying later about how you missed it.


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Monthly Nano News: September 2019


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Clarification on terminologi of bitcoin transaction faliure

Hello guys,

I'm writing an article for my thesis and I want to add inside it the correct information, so I have a need to comparison for a definition.

When the Transactions do failure:

I have defined the failed transaction to two types, so:

  • Format transaction not valid, an example: When the transaction have a 0 input and 1 output, (false coinbase transaction build with bitcoind).
  • Valid format transaction but the input inside it not is the UTXO, an example a double-spending event.

This is my definition of a failed transaction, but I want to feedback on this definition because I'm a beginner and I not want create bad information on Bitcoin


Monthly Nano News: September 2019