07-20 03:53 - 'I guess the problem for me with TA is that adversarial markets are a zero sum game, so there's no such thing as a long term trading strategy. For any successful trading strategy you find, there's a way to counter that tra...' by /u/aidanlister removed from /r/Bitcoin within 121-131min
''' I guess the problem for me with TA is that adversarial markets are a zero sum game, so there's no such thing as a long term trading strategy. For any successful trading strategy you find, there's a way to counter that trading strategy so that they make the money instead. To take an example that someone posted today: If the market usually pops when the 50 day moving average crosses the 3 day moving average, then you'd naturally buy in anticipation of that event and sell afterwards. But when everyone starts doing that, then actually you want to buy before everyone else and sell once they start buying. And so on, and so forth. Worse, because Bitcoin is illiquid, unregulated, and small cap, the actions of a few big players can have a massive impact on the price far outweighing normal market dynamics. All exchanges have been beset by scandals, eg front running, bots, trading on their own order book, etc. So you're not just playing against other players you're playing against the house. If you're a day trader using TA strategies you found on the internet, you may be picking up pennies in front of a steam roller . It works while it works and then you lose your shirt. For most people posting here they are kidding themselves to think they are doing anything more than gambling.  [[link]2 ''' Context Link Go1dfish undelete link unreddit undelete link Author: aidanlister 1: seekingal*ha.*o*/a*ti*le/408*775*pic*in*-n*cke*s-f*o*t-steam*r*l*e* 2: *eek**galpha.com/a*t*cl**40*3*75*pi**ing-nickels-f*ont*s*eam-rol*er]**1 Unknown links are censored to prevent spreading illicit content.
On one hand, it appears that it is not. bitcoin has value, and is creating value. The price seems inflated due to speculators. I think it will continue to become inflated in the near future. Especially if an ETF is created. I'm also a bit confused what actually happens in a deflationary economy. Do we have any proof or history? Are there any arguements that bitcoin is a zero sum game? Maybe of the entire economy. And even then, it is not priced correctly yet? I have so many questions
Is Bitcoin mining a zero sum game right now, or is Bitcoin mining still to reach that point where it becomes a being a zero sum game?
I'm trying to understand the blocksize debate in relation to climbing mining fees and realised that I don't know the answer to this basic question about whether or not mining is a zero-sum game :) Any answers, or references I can look at? Also, if Bitcoin ends up being runs on Lightening rails, does that affect whether or not Bitcoin mining becomes a zero sum game? Or not, or what? PS: Non-tech person questions!
The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street. Combining #blockchaintechnology #voice #GAN & #AI will NOT be a zero-sum game. #jetyourdaddy #jasontade Jason Tade
Over the last 12 hours I have received some criticism about one particular point: zero-sum games and gambling. In one email exchange, Bob disagreed that gambling was zero-sum, stating: Gambling in and of itself does not create productivity, but the businesses that surround gambling certainly can. See: casinos, bitcoin mixing services. Bitcoin lies in the same economic category as financial games like poker, roulette, and the lottery. These are all zero-sum games. The property binding all zero-sum games together is that the amount of resources contributed to the pot is precisely equal to the amount that is paid out. Zero sum games can have any number of players, however, as long as the essential definition remains true: The net gain and loss among all players must be zero. Take, for example, a small corporate ... A zero-sum game is also called a strictly competitive game while non-zero-sum games can be either competitive or non-competitive. Zero-sum games are most often solved with the minimax theorem which is closely related to linear programming duality, or. 21 Apr 2020. Zero-sum proofs typically are for cryptocurrency transactions. This technology ... In a zero-sum game such as this, traders can only take your money if you sell.” Bitcoin has been in a bear market for nearly two and a half years, and key indicators are signaling that now is the time to hold.
Operations Research 12A: Zero-Sum Game & Pure Strategy ...
This video discusses the zero sum game of trading, what it means and how you can benefit from understanding this concept. For more details visit - ... Trade brings many benefits, says Douglas Irwin of Dartmouth College; it lowers prices and increases variety, among other things. Irwin, who is also author of... The term "zero-sum game" (some people refer to it as a win-lose or lose-win situation) is used pretty frequently these days, you'll most likely come across i... Rich Get Richer - Crypto is a Zero Sum Game Bitcoin Benny. Loading... Unsubscribe from Bitcoin Benny? ... Cryptocurrency & Bitcoin - What You Need To Know About Bitcoin - Duration: 7:49. Textbooks: https://amzn.to/2VgimyJ https://amzn.to/2CHalvx https://amzn.to/2Svk11k In this video, I'll talk about two-person zero-sum games and pure strategi...