Go, go, go shitcoins go!
Look at that shit skyrocket, man. It's like a plume of shit!
Glorious. /s
I know right look at all the serious investors buying them too, obviously the future. Actually, these things are pumping too much, I suspect a crash is just around the corner and I do wonder if it will be one that takes BTC down with it (nowhere near as much of course, 20% maybe). This buying seems to be coming from noob retailers, these are not the people who will convert to BTC, they'll go to cash and then exit alltogether with their losses. If we're lucky the original holders of these coins will convert to BTC, but, having seen the comments from these morons on twitter for the last few years I highly doubt it. What will happen though is seious investors will buy the dip again as usual, so there is that. |
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Price going down yo.
Say hello to CME futures expiry  Tomorrow it's settlement day, number be going up yo  Did i already mention i hate bitcoin options and futures contracts, because of the manipulators they attracted?  This same thing happens every Sunday though. I'm tempted to channel proudhon on the Saturday and go max short with 100x leverage until the Monday. |
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I think this will be a fantastic upgrade, but I certainly don't expect it to happen this round. Though I do hope to see at least a little signaling, nothing yet. On another note, fees back down again. |
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 Bait-n-switch right on cue, just like 2017 all over again. Yep, I'm seeing the same shit. Irritating. |
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Getting pretty tired of this Bitcoin going essentially sideways for weeks on end while all the other shitcoins go up for no apparent reason. I mean shit look at all the large investors and institutions rushing out there to buy binance coin, what a stampede. /sarc
Waiting is the hardest part.
Feeling impatient & bored myself. I have a sell strategy which to sell X amount of bitcoin every $2,500 price rise, all the way up to $200,000. I’ve only sold 6 bitcoin in this bull run so far (up to the ATH). Much more exciting times to come in 2021 but I am bored too. Much smarter people than me think we’ll be bouncing around in a sideways trading range between $50,000 & $75,000 until the end of summer so more patience required unfortunately. Moon confirmed Q4 of 2021 though. I guess if we moon after the summer it is all worth it, but the waiting sucks. It really reminds me of 2013. Big move, lots of excitement, pause for 6 months and lots of excitement again. The pause didn't seem to suck as much back then though, probably because I wasn't checking the charts constantly I guess. I really need to stop doing that, just check once a day or something. |
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Getting pretty tired of this Bitcoin going essentially sideways for weeks on end while all the other shitcoins go up for no apparent reason. I mean shit look at all the large investors and institutions rushing out there to buy binance coin, what a stampede. /sarc
Waiting is the hardest part.
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Boring sideways.
Give me some up action!
ftfy |
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This Tesla's liquidity test sell of course a cover-up for turning Q1 to profit for Tesla. But it may have a positive long term impact on the mass adoption among the institutions. Some of them are still hesitant because of the fears of liquidity issues. Even Musk at first raised a doubt about that. And of course, SEC denied ETF's mostly because of the low liquidity of the US exchanges, which makes Bitcoin volatile and susceptible to manipulations. It is like a pop quiz in school. Now everyone has a proof that the liquidity is there and every institution may sell big amounts with a little discount. So, this is another victory on the way to the first ETF's approvals later this year. But for me at least, there is another major reason for all what happened in the last 6-7 months. In the years of bear market I sometimes expressed regrets about these endless barts caused by the owners and close friends of Bitmex. I remember one post, when I said that the price would had reached 100K in no time if Bitmex didn't exist. I was opposed by r0ach, who claimed that prices above 10K are not sustainable because of the miners profits getting too high. Of course, no need to explain to the moron the elementary things. Coincedence or not, but on that very day, when CFTC accused Bitmex, the barts suddenly stopped. And since then I can't find evidence of derivate manipulation. As a consequence, Bitcoin has become less volatile which is quite appealing for the institutions are billionaires. I will go even further and say that Bitcoin won the war with the derivate manipulations and all these round numbers 100K, 1mil, etc. are just a matter of when, not if. In particular, one day the US government will decide to build and maintain a Bitcoin reserve, followed by governments and financial institutions worldwide. Just imagine that - almost everyone will prefer to receive their salaries in Bitcoin and people like mindrust will realize how big their mistake was. For how long peeps like that will keep refusing to use BTC in credit cards, paypal, amazon, etc.? One - two years max. And imagine mindrust buying satoshis at price around 1mil to be able to buy a vacuum cleaner on amazon? That will hurt a lot! tl;dr. In case there are still peeps who plan to exit with most of their stash, a word of warning: It is better to sustain a fiat/ BTC percentage and never exceed it. For some it is 1/99, for others 33/67 or even 50/50. But everything above 75/25 may and will turn into a disaster. Of course, the ratio is individual and it depends on the age and the plans. For peeps still far from a retirement 0/100 is not bad at all Nice post. I myself we be selling zero to very little. I was once upon a time going to sell up to 30%, but that has now dropped down to say no more than 10% and even that is pushing it and would require a parabolic move before the sale. With the world we are going into my decendants will need every one of the bitcoin I can hold onto. |
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We'll see. But if true that would be slightly annoying. Having someone like Zuckerberg do well out of Bitcoin would kind of upset me, the guy is a real piece of shit afterall. However, that's the good thing about Bitcoin, it is open to everyone, no matter what. |
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Ah the sunday dump, I was wondering where that had got to.
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Craig Wright, Calvin Ayre... what a bunch of scumbags.
I've never really been a rich person in my entire life, except, perhaps, in the last year, due to Bitcoin's recent price appreciation, which has given me a taste of how it feels to be "well off". Even then, I'm nowhere near the wealth that these guys have. What more do they want? Their future is completely secured, they can sustain their lavish lifestyles forever. Why do they keep fighting Bitcoin? Is it some sort of bad wiring in their brains, or is it a sickness of the rich?
In any case, I hope justice is served and they end up where they belong.
Sociopaths my friend. Most of the rich "successful" types, along with the ruling class, have got there by their sociopathic abilities. This is the norm in human history of course and you could probably put a fair portion where humanity has got to so far down to these types as well. |
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Off topic: I’m sure you’re all aware of Faketoshi attempting to take Cøbra to court for ‘copyright infringement’ I made a thread, if anybody wants to donate towards Cøbra’s legal costs then his bitcoin address is listed in the OP. Feel free to verify it. Cøbra is aware of the thread & has actually posted in there. https://bitcointalk.org/index.php?topic=5332996.0Hopefully Faketoshi is behind bars soon. Honestly, I would prefer Calvin be behind bars. Faketoshi deserves it for being a scamming prick but Calvin is a real piece of shit. |
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Can't we just stay above 50k for fuck sake. I mean I don't think we will be breaking out to new ATH for a couple months but this 40s thing just seems downright depressing.
My 1 year ago self would be laughing at that comment mind you but here I am still complaining, lol.
See what I mean? Peeps complain, even though they know we be in a good place. Go figure, ur lil selfies? Everyone loves a good whinge. Be it your job, parents, wife, or bitcoin a whinge is there for you. If us normal folk didn’t whinge, all the world's problems would probably be solved by now and how fucking boring would that be? |
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Fees and mempool are starting to come back down. https://mempool.space/looks like some of the miners are returning. Of course, now that I just sold two tiny pieces the fees are going down, I bet the price goes up a well, it usually does after I sold some. It's amazing how time and time again this always rings true. Such is life. |
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Fees and mempool are starting to come back down. https://mempool.space/looks like some of the miners are returning. |
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Can't we just stay above 50k for fuck sake. I mean I don't think we will be breaking out to new ATH for a couple months but this 40s thing just seems downright depressing.
My 1 year ago self would be laughing at that comment mind you but here I am still complaining, lol.
IMO, staying at 50K$+ and wait couple of months for new ATH again, looks not so probable. If we stay above, probably we will revisit quickly the current ATH. Only +30% to go from 50K. Well shit, I'm happy for it to get back above ATH even sooner, I just don't want the thing to go parabolic. Maybe we can see as well a V bottom with a strong green candle bounce at 45K ? 43K ? 40K ? lower ? I think, more we will dip now, more the UP reversal will be explosive.
45k yeah possible, 43k getting real hard, 40K? I doubt it. |
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The Wall Observer is still an extremely toxic community, too. It’s lucky for you that platinum is a corrosion-resistant metal!
Well I would argue.. it really depends on Bitcoin!!!! Yes Bitcoin... see if Bitcoin is performing well against dollar you will see a totally changed WO community. But when Bitcoin is loosing its ground against dollar yes the community can be toxic or more like a furious angry lioness so you have to be very careful around here!!! So “The Wall Observer is still an extremely toxic sensitive community.” You're the toxic one you fuck. |
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Honestly, we don't want that again because we all know what followed. Rationally, I'm happy if we have a break for a month or 2 on this one before moving to the 100k level. Emotionally, though it always sucks. BTC is like a drug when its going up, during the corrections it feels like a withdrawal. And when you're getting withdrawals all you want is more drug, even if it's not good long-term. |
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Can't we just stay above 50k for fuck sake. I mean I don't think we will be breaking out to new ATH for a couple months but this 40s thing just seems downright depressing.
My 1 year ago self would be laughing at that comment mind you but here I am still complaining, lol.
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