You are so damned special, fatty, and trying to whitewash your BIG blocker bitcoin naysaying history, suggesting that posters who are way the fuck more contributory in this thread than you don't know who the fuck you are and trying to act as if you fit in here.. yeah right.  

Get a grip, fat-ass, or I might have to bring batman out.




I think what fatty was saying was that I am the only one complaining about big blockers, but anyhow who gives too many shits about what the bitter bitcoin naysaying troll/shill fatty is saying.... 

It resets each day.

So it is about 61 as I type.

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

The first day was about 72
The second day was 216
And so far the third day (still early in the day) is 61

Even though the patterns are coming out a bit different, I still think that we are in early 2016 rather than in late 2017, so there can be a decent amount of shaking out in the coming 12-18months before really getting into a kind of upwards momentum mode... On the other hand, I am not hostile to the idea of a kind of front running that could take place in this likely upcoming exponential trend cycle.. I just think that in order for any bear scenarios to attempt to retain any kind of credibility, they do have to engage in convincing periods of beating us up too, which we could be in the process of such "beating up" attempt - whether lasting negative impression is going to be successful might be another story.

Yeah... he did not even provide an update regarding his latest BTC holding status. Hopefully, he has not been doing anything too stupid, like what seemed to have been going on the last time that we were "enjoying" his various regular presence in about mid-2018-ish.

Well hopefully you are referring to you BTC investment rather than bcash or various varients of bcash, which are both likely to perform less well than bitcoin. 

Of course, if you have a smaller portion in bcash, then you still might do o.k., but not as well as if you ONLY held bitcoin.  On the other hand, if you have a lot of both bitcoin and bcash variants, then in that case, it might not matter to you, even if you only end up getting 5x returns rather than 20x returns in the next exponential growth period, even though it may make a BIGGER difference to a newbie who is first investing and would be better off NOT investing in bcash trash until after building up some equity (which many of us concede takes a decent amount of time to accomplish - especially if attempting to invest in long term solid investments without gambling too much). 

Fair point.  I may as well get a full check-up, since I am going to be in the shop for repair, anyhow.

Earlier we had peeps saying that LTC is wagging dee doggie, and now we got diptwats asserting that some fraudster variant of Bcash is wagging dee doggie...    I might have to request surgery to get my eyes reinstalled to the front of my head.

This is a public thread, diptwat, so I was responding to your nonsense, out of hope that, perhaps, there might be a possibility to save one reader (or more) from taking your level of stupid, as if a serious consideration. 

Why would I be so naive as to believe that I would be able to convince a troll/shill fantasylandia living nutjob like yourself?             

What you are planning makes sense, and almost no matter what it seems difficult to really have any meaningful sense regarding whether any blow off top would be at previous ATH (path) x2, x6 or x10 or some other amount, so I am unsure about how prudent it would be to make vastly differing plans based on your anticipation of your then feelings about whether a blow off top has been reached. 

Another dynamic that I can sense that you are toying with is to consider to be able to move some of the value that you have in BTC to some other locked in and assured asset, in order to preserve your BTC profits, and I am kind of torn about the necessity to act on those kinds of motivations, even though I understand that so many people have those kinds of motivations - so none of us can really step into the comfort level of other people. 

Part of my thinking comes from the Morpheus meme that you might not need to hedge so much into other investments because merely keeping some value in bitcoin will be sustaining enough based on all available options and even while understanding that BTC corrections might still be violent, BTC is still likely to sufficiently hold enough value that there is no real rush to employ rash strategies in terms of cashing out your holdings.

This morpheus meme:

Holy fucking shit.  Gyrsur is an "it"    


And, I am a poet, and did not hardly know it.

You are giving way too much credit to those kinds of hypothetical folks, and suggesting that they do not have to go with the trend.  Of course, they will push it as low as they can and for as long as they can, but that does not mean that they are going to be successful.

If it were up to the market makers, BTC prices would still be under $500.  Several times, they lost control of BTC's price, including 2015/2016.

Exactly.  They do give less than 2 fucks about that, but if they ignore it, then they are likely to get r3ckt as fuck.  Pobrecitos.


Very doubtful.  Too many folks (even smart ones) don't know shit about how bitcoin works, which includes the concept of halvening.  Furthermore, there are still a lot of peeps coming into bitcoin, so even if there are a large number of BIG players that try to price in the halvening, they are not really going to be able to properly factor in the fact that more money coming into bitcoin is going to force their hand - likely several months after the effects of the halvening which includes lower amounts of new BTC supply are actually undeniably felt.


Yep.  You are likely correct that there was some frontrunning going on between April and June; however, that front running only ended up being a blip on the radar because currently we are in the midst  of a 35% or so correction that likely is going to be sufficient to rebalance and to allow buying support to catch up.  After so much time consolidating in our current price range, you are going to be quite lucky if 50% correction is achieved here (which would be $7k-ish).. and your assertion that $5,200 or even $1,800 are within meaningful likelihood seem to be pie in the sky wishes rather than anything that is even close to likely, especially given where we are currently at.  On the other hand, if $8k buy support is breached, then I will give you that the odds for $5,200 have been meaningfully increased, otherwise your assertions that $5,200 or even your outrageous $1,800 are within realms of reason remain quite fantasylandia scenarios, and you have not been out of breadths when engaging in fantasylandia practice, especially given your track record of stupid-ass overly bearish BTC predictions (that did not come to fruition, need I say?).

Already happened.

Remember early 2019?  BTC prices were in the $3ks for the first three months.  Where are BTC prices now?  quite a bit higher than $3ks. 

Furthermore HODL is not the only strategy, especially for anyone in BTC accumulation phase.  You would have been dumb to attempt to accumulate at one price, unless you are buying on dip, so even if you dollar cost average bought from the December 2017 top, you currently would be well in the black (or green) so long as you accompanied your dollar cost average buying with otherwise HODLing through the matter. 

On the other hand, if you had accomplished your BTC accumulation at an earlier stage, it still is quite likely that HODL would have still payed off.  Maybe you should describe some realistic and smart (rather than gambling) circumstances in which HODL would NOT have been a good strategy?

Yeah, but I think that part of my point in my above post was that I did not have regrets about my choices, even though I could have been much more richie to have had reallocated part of my then 401k balance into BTC in late 2014 in the price arena of about $380 per BTC and likely more than doubled my then BTC holdings.

I suppose that part of my lack of regret is that at least I had an opportunity to go through the ponderings and speculation regarding whether I should re-allocate; however, maybe if I had failed or refused to go through the ponderings, then it would have been more likely that I could have had regrets because there was obviously an opportunity that I decided not to take.  But the fact that I went through the ponderings actually gives me piece of mind that I had not failed or refused to consider the matter.  I actually considered the matter and I rejected the matter on rational grounds that if I had reallocated more into BTC then I believe that I would have been engaging in more risk than I felt comfortable with.   

That is a rather negative thread re-entrance, BMB.

You truly are mentally troubled if you are trying to emphasize negative attributes of BTC's inevitable volatile price dynamics during difficult situations like this.

Yeah, I understand that you have troubles controlling your own BTC investment emotions which frequently cause you to do the opposite of what you should be doing.

So, for example, now should be considered a BTC buying opportunity, but instead you seem to be stuck on negativity and wanting to share your negativity, which comes off as FUD spreading attempts (maybe even causing folks to be a lot less sympathetic to your own mental status).... which yeah, of course, many of us HODLers had been considering that perhaps the lower $9ks were going to be a thing of the past, but instead we are revisiting that price arena, as I type.

Anyhow, point is that the odds are quite decent that we continue to be in a BTC bull market, so BTC accumulation and HODL of BTC should be considered as important strategies/practices in light of such current likely bull posture rather than getting worked up about short-term price movements - especially your desire to spread negativity and while in the midst of a price correction.. so attempt to control ur emotional lil selfie, BMB.

After seeing the above post, I did look up the video that PlanB had placed in his tweet, and it was a fairly interesting dialogue between the hosts and the guest, in which one of the hosts, Joe Squawk is feeling some kind of need to defend an earlier statement that he had made about bitcoin, and a kind of seemingly bullish statement that he had made about bitcoin.  In essence, Squawk wants to attempt to clarify that he is attempting to be neutral about bitcoin rather than being bullish, or at least that is a kind of journalistic position that he prefers to communicate.

Ease of reference to video link:
https://www.youtube.com/watch?v=xiqobf5Du7s&feature=youtu.be&t=144

Whoaza Raja.

You seem to be a bit ahead of yourself, and yes I do agree that there should be some decent support at $9k, but there should also be some decent support in the $8k to $8.5k range too, no?

I would speculate that there must be decent BTC price support between $9k and $9,200 - otherwise if $9k is broken then maybe we could see ourselves at least having to test support in the $8k to $8,500 range.  I never proclaim to have any soothsaying abilities, so I just go with the flow, including recently having my buy orders set at fairly small increments, so lately with our recent dumpenings my buy orders have been hitting fairly consistently and regularly.

It is funny though because it exaggerates a certain kind of point... an inaccurate point, but still funny especially coming from roach who has hardly ever said anything that is factually accurate, anyhow... hahahahahaha....



gotta kind of feel sorry for the little bug,


NOT

I browsed through your posts, and saw that you have a significant number of decent posts that justified my giving you a merit... and so now, like you said, hopefully you can actually hit the mark and do not go overboard and end up missing the enjoyment of such presumably "lucky" number.  



Loyce!!!!!!!!!   

Don't be a party poop.

I would be nervous with such an approach, but let's see if maybe you can clarify what you mean by "all in"?

You do have some other investments, like stock or real estate or bonds, no?  So, in that regard, if you have some of those other investments, then you would only by "all in" with new investing?

I must admit that I have been focusing primarily on bitcoin investing, once I got into it in late 2013, and there was one time in about September 2014 (BTC around $380) that I was considering removing significant quantity of funds from my 401k (I had identified a possible way to accomplish such as a kind of rollover without tax penalties) which would have caused a near doubling of my BTC investment and thereby also bring down my average cost per BTC considerably, too, but I got chicken shit regarding over-investing in bitcoin and I had come to the conclusion that I had more than enough bitcoin in my holdings, and I really did not need to take on more risk (into bitcoin) by diversifying out of some of my traditional investments that, even though they had been performing mediocre, they were still largely holding their value (even accounting for inflation, etc). 

Of course, in retrospect, I see that I could have made a killing with such a move to diversify out of some of my 401k into BTC, but at the same time, I am still content that I did NOT do it - because in my thinking, my BTC appreciation (even accounting for risk etc) has already been amazing enough, and such considerable BTC appreciation (without  my really cashing out of BTC and rediversifying back into fiat based investing) has caused my total percentage value into BTC to become quite lopsided in favor of BTC, which I still conclude is good enough to ride out without needs to either rediversify back into traditional investments nor to engage in any kind of behavior that dilutes the stability of my traditional investments (that could largely sustain me completely, if I were to need to live off of them... but now they just merely continue to ride and to appreciate in value based on the traditional stock market and various traditional means of diversifying within those investments). 


Are you thinking that BTC prices reaching $120k in about 5 years or less would be sufficient in order for you to go into a kind of "fuck you" status?  or at least to be able to live off of your BTC indefinitely without having a need or dependence on a traditional JOB?

Surely, a lot of us believe that there are decent chances that your hopium price could be reached within that timeframe, so it is not unrealistic... However, since "decent chances" is not the same as "a given", there are always needs to prepare for a lot worse scenarios, which makes it seem more than reasonable to label your tentative ideas (plan) as a kind of "hopium."