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There once was a trader from Kent
Who joined the very latest trend
bitcoin to the moon
I will be rich soon
My gosh what a glorious ascent !
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I have a new first world problem. The place where I am staying this week has extraordinarily low friction toilet roll holders. This results in the entire roll of toilet paper spontaneously despooling and puddling on the ground.
Have never dealt with an issue of this magnitude before, I am at a loss how best to proceed.
Say there is an ETF coming, and hope it doesn't drop any more. Of course we know there is little chance of that happening after all your pumping and dumping. |
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^
THX man
I like the pattern on your hat, it really ties the room together. yeah its been said by spaceman i thought  Correct. Good memory Mic, must be helpful during poker . |
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Scammer Roger must be crying by now  Refusing an offer by tweeting about it seems like a pretty unprofessional and dick move, unless there are other factors in play. |
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Lol, stupid redneck sluts fighting over a guy that have the brain capacity of an ameba between the two of them. And people think we are becoming more intelligent as a species, what a joke.
The idiocracy effect is real. +1 WO Lol, I have not seen this but I may have to now. https://www.youtube.com/watch?v=BBvIweCIgwkI think the premise of the movie (explained in the beginning) is the best (and most intelligent) part of it. The rest of the movie is pretty bland. |
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I think we are gradually destroying the plants, animals and environment we live in and I cannot respect anyone who considers it is not - at the very least... a problem.
We (as a whole) are probably doing just that, but what's the solution? 7 bil cannot eat natural food, albeit, one can do it if he/she has enough resources/money. Fair comment. But I don't think destroying the natural environment entirely while we think about the sulution is the best idea. Some people are trying to tell us to keep the natural world alive - since we might regret it. It took millions of years to develop - we won't replace it in a generation easily, science or no science. I would like to keep that option open. Labgrown meat and fish sounds pretty good to me. No doubt that industry will go through problems of its own as well, but I am guessing it should work out in the end. |
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Wauw Roach, you are really a broken man..
But you are talking nonsense right now. It's very superficial that you put women in 1 corner and I don't know what the point is you want to make? Hoping that everyone will follow you into the lonely life? Good luck. I am wondering what happened to you? You talk about women leaving their men after many years just because they get bored, guess what, a relationship is a verb and if some men think that we will just stick around no matter what then they are lazy men and they should blame themselves. (Same for women who doesn't give their man any more attention) And what if they start cheating on their wives? We should also stick around he? But in your opinion it looks like men are the perfect creatures in a relationship OR you just think that men can do whatever they want and women not? Because don't blame us and check your sources again. Men fuck up more then women but I try to find someone who seems reliable, but that's never a certainty and that is LIFE. Should I hate all men now? I have better things to do in my life than always being negative. Maybe you should think the same, because the only one who loses are you in this game with this attitude. To be honest, people like you really scares me (Read: Elliot Rodger) and on the other side I am sorry for you people (Read: Mysogyny). I can not imagine that you dated many girls (or many types of girls) because I know there are bad girls but believe me, even worse men but it's up to you to find the good ones.
"Broken man", accusations of misogyny, incel shaming... The feminine imperative has programmed you well. Oh look, Roachie found a friend. Maybe the two of you can start your own thread and bitterly spew venom at every class of people you don't belong to. |
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Paint my dick green and call it a candle ! Wooo
black underneath... ain't easy to make it flashy green is it ? The trick is to first put on a layer of white. Don't ask me how I know...  |
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and of course this bounce comes at the moment in this downturn when I have the least amount of coins  . |
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Why do people keep refering to TERA as 'she'? There is zero reason to do that. If I recall correctly one guy randomnly started doing that (BJA?), and everybody started copying him.
Yup: My main skill is language. I was the first person to identify TERA as a woman, something she has never refuted.
Pretty bone-headed to take an absence of refutal as confirmation. Some people just don't like to give out personal information online. |
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I suspect she had a low amount of bitcoin’s & was bitter about selling way too early (back in the day). She constantly said there’d be dumps.
If you throw enough shit at a wall eventually some of it will stick.
She retired so she must have done alright - at least on face value. Why do people keep refering to TERA as 'she'? There is zero reason to do that. If I recall correctly one guy randomnly started doing that (BJA?), and everybody started copying him. From the writing style I suspect TERA is male (although of course I can't be sure). Also, holy crap that is one big green candle. |
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i’m not risking this, cause i’m happy with what i am doing, but i was just thinking for complete NEW people.... if its something to suggest or not Probably not (but its the first time i saw BTC logos on Belgium shop Windows ) Please don't. Either the guy is clueless, or he is a scammer. Either way, you don't want to be the guy who recommended to friends and family to entrust their money to him. |
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If you should find strong evidence that they are scammers, you might want to consider reporting them.
I know we generally aren't too gubermint-minded around here, but innocent people getting scammed out of their money is of course in and of itself a bad thing, plus it gives bitcoin a bad reputation.
I actualy think he has good intentions.... but is a naive Guy that thinks he can do things that no one did before  For sure, that is possible. Maybe he has had success trading the markets, and he is now convinced he can keep doing it. But 10% is a huge amount of profit to promise each month. Sure, on high volatility months such as this one you could easily make that (if you are lucky and/or a great trader). But who is crazy enough to promise 10%/month when the price is hardly budging? Where is that profit going to come from? He has to be incredibly naive to promise things like that. For me (and most people here apparently), promises that crazy raise a lot of suspicion. |
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the owner said that the last month 50K travelled in and out the ATM
50K what? now the owner talked to us and my first question was how can you guarantee that 10% profit each month on the investment?
so it works like transfer money or send BTC, cause he only works in BTC
then he daytrades and guarantee's 10% profit, so if i transfer funds and the month start he trades and makes 50% profit then each client gets 10% profit and the rest is for him the company etc, when the month end with loss or no 10% profit then he pays it from the company out.... i asked him what if i'm a big player and send you a big amount of BTC/fiat ... and your not able to give me mine 10% ? he said i don't accept anyone that i can't cover .... as strange as it is it seems a bit of legit thing right there ....
and if the company goes bad and he's company funds runs dry and can't cover the 10% profit anymore he would send everyone a mail and stop the collaboration with he's clients, every month everybody could make his decisions of staying in or going out, so no long term commitments
Unless you have full visibility into all the positions he is taking, then this is indistinguishable from First Pirate Bitcoin Savings and Trust. Tread very carefully. May be ponzi. I am going to bring them a visit in the next days. Although they have a brick and mortar shop, nothing to find in our MinFin databases, so it can be a facade for another entity. Because I also could not find a VAT number or enterprise number. And the name in the proposed contract on their website for now only returns some retired Dutch veolia employee... . So yes, at least the trading your money part is a bit flimsy... . If you should find strong evidence that they are scammers, you might want to consider reporting them. I know we generally aren't too gubermint-minded around here, but innocent people getting scammed out of their money is of course in and of itself a bad thing, plus it gives bitcoin a bad reputation. |
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I see a lot of disappointed rekt shorts. Gooood!
I know someone that must be exceptionally happy. Just hope greed doesn't betray him and we can finally congrats him. Somebody lucky enough to accidently be leveraged long 80x at the exact right time? EDIT: 80x is just mindblowing by the way. Even the 10x leverage i sometimes do feels over the top. 3x or 5x seems like a decent amount of leverage without being stupendously risky. |
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Ive been as bearish as the next guy. However, we should be given pause by the fact that everyone and his shoeshine boy are 100% certain that we're heading to $1,500-$2,500 and will endure 12+ months of crypto winter.
40% of the contestants in Mic's BAAKT game are choosing $6000 or above by February, so there's perhaps more optimism out there than you'd think. Except they might also be betting that BAAKT won't happpen by February. They are for sure still bullish on 2019 though. |
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MY MISTAKES (Continuation)
Another thing I did wrong during the bull trend was being LAZY.
When you see your net worth quickly increasing thousands of dollars in a much shorter timeframe than you are used to (ie: Weekly, daily, hourly....) just "Watching the Walls" or doing some trades here and there, it is easy to procrastinate on other stuff you deem comparatively less important at that moment. I am not talking about personal life here, but crypto wise.
There was lots of money to be made with the multiple forks, airdrops, etc yet I didn't take enough advantage of them.
Many seemed to "not be worth the effort" but that was only comparatively at that time. Also some required some research, creating accounts on some other exchanges, ... In other words: WORK.
And why would you want to work for "pennies" when you are already earning thousands just for watching your bitcoins grow in price (coz, you know, you need to look after them all the time, right?)?!
WRONG!
We prepare during years of bear market, accumulating, trading and more importantly WAITING for the moment that rally comes and every part of the puzzle fall in place and all the opportunities are handed to us. And we need to take them. All of them.
I left on the table, and still have, most of Bitcoin Gold, and *ALL* of the other less valuable forks (Bitcoin Diamond, SBTC, ). Also many of the airdrops like Bitcore.
With some I fooled myself thinking "Well, there's no hurry, I will be able to cash it out later and maybe at a better price too"... But that was not true, I was just being lazy.
Had I not been and really think it may be better to wait, I would have anyways cashed/traded 50% then and hodl the other 50% for a better moment. But no, I did absolutely nothing. Out of pure laziness.
The advice here is: Don't be lazy, try to participate in airdrops, extract all the damn forks asap and get them ready, ... ACT.
Additional advice come from another mistake I made: Not having ready all the exchanges I would later need.
So, during the bear market, employ your time opening accounts in as many exchanges as you can, verify as needed, learn their UI, etc... During a bull market things happen very fast, and chances are that you won't be able to use that exchange you need to trade some fork/altcoin or use for fiat withdrawal if you have not done your homework well in advance.
^This is something I am doing right now. It will be a long process. You should do it too if you haven't already. Don't procrastinate. ^
This one certainly rings true for me. |
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I am thinking during and after the next rally people will start to use Bitcoin again as a form of payment for the following reasons:
3- Also with the constant increase of Bitcoin ATMs worldwide it also makes sense to use them on the destination country instead of having to exchange bills beforehand. The fees in both cases can be similar. While that isn't the same as paying with Bitcoins directly it is still using it as a vehicle for payments.
Being able to pay local merchants via LN when travelling would be even sweeter. I thoroughly dislike the fees/spread associated with having to exchange 1 currency for another. |
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I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.
First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.
How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:
- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....
- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.
- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!
- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.
- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).
I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.
This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:
- Realising you are in a clear downtrend and what to do during it.
- Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT).
- Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)...
- Lending
I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.
nice writeup Logic would dictate that a significant amount of mining equipment is no longer profitable to run. |
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$2950
I seem to have missed me.  2950 = automatic loss, you didn't understand the game |
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