Well this is all rather special isn’t it.
Just remember, only sell when it really works for you. This bull run has only just started, we have so much more scope for price discovery.
Quick reminder -
The mindrust indicator
10BTC he sold for $40,000 combined in March/April would now be worth $330,000.
Be smart, don’t mindrust!
I keep harping on about that: Don't sell according to the price. Sell only when necessary. |
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$20k from $33k would be a 40% drop... extremely unlikely this early in the bull run.
I seriously doubt we'll ever see $20k again.
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$33333
A third of the way to $100k.
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Just imagine how Loaded feels.
The Winklevoss twins are probably enjoying the day too. |
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Rick and I just got back from getting coffee and running a couple errands. Rick looks over at one of our tickers upon return to the house and is all like...
Rick: "HOLY SHIT ! It's over $32k man. You just made another 7 digits while we were out!"
Me: "OK. You want me to sell some more or something ?"
Rick: "Hell no. LET IT RIDE !!!"
Me: "OK." (Makes self a greyhound and continues to observe the wall)
Gentlemen.
#humble #blessed
Remember what a thrill it was to reach your first million dollars in Bitcoin? I celebrated by buying a new $1300 bass amp. Later that year I spent less than a coin to buy my first place in Mexico Remember trying not to get upset when it bottomed out not too many months later? Keeping the resolve to HODL knowing we'd be back? Enjoy these times. Some time in the future, earning 7 digits in a day will be old hat. We'll look back nostalgically at these exciting times when becoming rich was a novelty. |
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Nothing new. Many of us have been calling this for months. The big question is how far does it go.
Among seasoned Bitcoiners, $100k is a bare minimum. That's when the party begins (although the actual physical party may have to wait due to Covid).
Many are calling for something in the $300k-$400k range. People with as few as 10 coins could be multi-millionaires.
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Gee. Ya think we might make it 19 straight top days? 4 straight jackpots? LOL
Can't wait until day's end to see the final score.
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-altcoiners are clearly near capitulation. (after capitulation usually comes reversal)
Capitulation? Reversal? Tell that to a penny mining stock shareholder whose shares have become worthless. |
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Why isn't Adam sharing this glorious moment with us?
I'm worried that he traded all his Bitcoin for some big-blocker shitcoins. |
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If your on a mobile it is great to see the price at a glance.
OK Makes sense. If I'm stuck with having to use my phone, I just google bitcoin price. Same thing... small accuracy compromise for easy-to-read convenience. |
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I see. Any reason to use it instead of any other tracking or charting site? It doesn't even seem to show the order book. I usually use Bitcoinwisdom but I'll sometimes use Bitcointicker for a more comprehensive order book. I even still use Bitcoincharts occasionally for checking historical data. ___ In my original question I was referring to using Preev as a multi-exchange price index. Bitcoinaverage seems more comprehensive. |
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I went to bed, woke up, and now I'm a couple-few million fiat richer
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Good morning Bitcoinland.
Another day, yet another ATH ($31584 Stamp)... currently $31222USD/$39746CAD (Bitcoinaverage).
Funny how few rocket/train/moon/fiddle memes are being posted. We all seem to realize this is just beginning.
Go Bitcoin go.
____
I'm curious about Preev. Why would anybody use it as a price reference?
I can understand noobs and shitcoiners using Coinmarketcap but why Preev?
I refer to Bitcoinaverage as a multi-exchange reference because it is used by the majority of ATM operators in Toronto. I consider it to be real-world.
Who uses Preev?
When I was buying a little fiat on Friday for my January expenses, I had a little chat with my OTC exchange connection (who uses Bitstamp) I mentioned Preev. They mentioned Coinmarketcap. We had a good laugh about it.
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Bitcoin maxis are commonly ostracized as too toxic
All they (we?) were doing was trying to be helpful by steering noobs away from shitcoin scams. Did you ever notice that the most "toxic" Bitcoin maximalists are often the most experienced? Many shitcoiners rationalized their shitcoinery by thinking that they had "missed the boat" with Bitcoin and thought they would somehow get the same returns by getting in on the ground floor with some shitcoin scam. Others thought that Bitcoin was too expensive because they couldn't afford to buy a whole coin all at once. It's still not to late to buy Bitcoin and see large gains. |
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Isn't the chinese new year starting out a little later than in the rest of the world?
February 12... Year of the Ox. That's like "The Year if the Bull".... a very bullish year. An Ox is just a castrated (i.e. Communist  ) bull. ______ @ Hairy M... Slinky? |
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Capitalizing the "C" is almost as moronic as making it into 2 words... "Bit Coin".
It's Bit Corn not Bit Coin, and it comes in shares, not satoshis. Indeed. And we all know Prof. Mark T. Williams is no moron.  |
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A new year, same old streak.. now up to 18 days.
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...BitCoin...
Learn how to spell, you fucking twat... referring to you, hv_. You have been in the bitcoin space long enough to know that only diptwats capitalize the "C" in bitcoin.. either you capitalize the "B" or you do not, the "C" is not capitalized. I learned 8 years ago that the "B" is only capitalized when referring to the protocol or the currency as a whole. It is not capitalized when referring to an actual unit. The "S" in Satoshi is only capitalized when referring to Bitcoin's creator, not the unit. i.e. "The smallest unit of Bitcoin is the satoshi which is one one-hundred-millionth of a bitcoin". Capitalizing the "C" is almost as moronic as making it into 2 words... "Bit Coin". |
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https://newrepublic.com/article/160773/bitcoin-price-boom-michael-saylor-microstrategy... The truth is that Bitcoin, unlike gold, is worthless.* It doesn’t do anything; it has no inherent value and can’t be converted to some other purpose. It’s not backed by a government, making it most useful to transnational crime networks, intelligence agencies, and anyone else looking to keep some assets off the books. The electricity cost of creating, or “mining,” a Bitcoin—which requires accessing the Bitcoin network and making a complicated mathematical calculation that requires tremendous computer power—makes it indefensible. (The more Bitcoin that are mined, the more complicated the calculations become.) Bitcoin works, if at all, because a band of rich speculators has decided it should. Institutional investors are pouring billions into Bitcoin, which some analysts think account for much of its movement in recent months. MicroStrategy itself counts the finance giant BlackRock as its biggest outside shareholder. (Saylor has said that he thinks much Bitcoin trading data is inaccurate.)... This is the lie anyone that understands solar energy and wind power knows that this is basically a criminal false hood. The btc mining incentive can allow for solar and wind power to be built world wide. I have already been involved in build one solar array with more then 100kwatts of power that was fully paid off in under 4 years (2017). we are now doing a second solar project with more then 500kwatts of power that should be fund from our 2020-2021 profits. If I could find a good investor I could build more. As I said... comic relief. It has every hackneyed FUD cliche that's been debunked years ago. No value... "transnational crime networks"... environmental destruction from mining... scammers... I'm surprised he didn't mention terrorism, drugs, and kiddie porn. LOL  |
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