Nothing wrong with buying more, especially when the price is already nearly 84% down from its $19,666 top, and even at $3,800 it would have ben down nearly 81% from its top, so buying anywhere in this area, even if BTC prices do happen to go down to $1k (which I hope that they will not, but they could), still seems to be a decent time to be buying - even though there seem to be some buying contra-indications, including that the price is falling so fast that it could be prudent to wait, too... (the catching a falling knife difficulty (and pain)).

You sure have a lot to say about me, even though you are "supposedly" ignoring me...


what is so ridiculous about that, numb nuts, and really who gives a shit?  Everyone has a right to make timely market assessments and hopefully explain why they are making such assessments... Of course, if you attempt to back up such assessments they are going to make more sense than a mere proclamation without any explanation.


Just goes to show that grandma probably should not let you stay up so late, and maybe if she gave you some cookies and milk earlier, then you would not be so mouthy... instead you would be in sleepy sleep landia.     rather than typing random nonsense.   

That's right buddy.      




You debbie downer, party poop!!!!

What the fuck is your problem?  There is nothing of much importance about what I say regarding where we are at.  I was just asserting that when BTC prices were above $6k, then there was nothing really stopping a kind of 2013 scenario rather than a 2014 scenario, but after BTC prices dropped below $6k, the 2014 scenario became much more likely and the 2013 scenario much more slim.

Of course, different people are going to come to varying conclusions about where we are at and what are the likelihoods, so prior to dropping below $6k, I had no reservations about busting balls, ovaries or any other body part in regards to premature calls of a bear market, when we weren't quite there yet....

The mere fact that we are now there, does not mean that such bear market was inevitable, merely because it became what happened  (or at least seems to be the case, presently).

They have way too much Bcash ABC.  There is not enough liquidation, and the bcash ABC prices would be sent to pennies if they dumped their bcash ABC bags.

Hhahahahahaha

I just like to throw out a bit of colorful expressions, now and then... not to be taken personally.   

Hey?

I thought that you were a bear?

You look just like one.   

First, the BTC price is not going to reach $100k until after the 2024 halvening, and in late 2020 or early 2021, BTC is only going to reach $98,765.43... Sorry to break the seemingly bearish news to you pie in the sky bulls, expecting $100k before the 2024 halvening.

Second, tentative date for such $100k-ish party could still be good based on price... even though it would possibly cause some logistic problems if guys (and gal) are unable to clear their schedules on such short notice.

Does not mean that I am "capitulating" on anything beyond labelling this dumb ass less than preferable situation that we us BTC HODLers and accumulators are in (at this time).

it's a retrospective assessment thing.  I don't tend to make any kind of solid BTC predictions, but part of my point, here, is that when BTC prices were staying above $6k, it seemed too early to concede that BTC was in a bearmarket....   Now, it does NO longer seem too early to concede such assessment, anymore.   

Why in this thread, though?  Why not another thread?

I'm not a bot, fuck head.   

That's called a pre-emptive strike.   

o.k... ETH going to $17 rather than $50.  Maybe o.k. for bitcoin long term, but short term aren't they all crashing together.

In other words, even if some of the alts and shitcoins are crashing more than bitcoin, aren't they bringing bitcoin down with them?

So the punchline is that the 450-ish BTC on the lightning network is a largely accurate assessment of its full capacity?

Actually, I am ready to concede about the bear market characterization of the current BTC market.    

I thought that the lightning network had both public and private channels, so in that regard, is 450 BTC a reflection of the total size?  Forgive the newbie-ness of my question, but I really am unclear about how the private versus public aspects can be tracked and what kinds of numbers are reflected by such.

Do you have a source link for that one?

Would not be unreasonable to have some tentative outline about what is possible without getting too attached to such picture, because it seems that patterns are meant to be broken in bitcoinlandia... nonetheless, I could see some kind of decent correction coming a couple of years after the next halvening..

TLDR: Cannot count on it, but can at least consider that there are decent chances of such an outline.

Can't really ever deny observations of Trace, yet there seem to be a multitude of dynamics including pushing in the shitcoin space in which the two bcash branches seem to be suffering the most, and Ethereum is experiencing decent purging of froth too.

I am kind of thinking that there could be some kind of attempt to reach shitcoin singularity with the bcashes and Ethereum around the same price - maybe in the $80 arena or below... Bring them all below $20 would be nice, but that's too much wishful thinking coming out of me... and maybe as nutilah said, a $50 Ethereum might still serve some shit functions, perhaps?...

A problem with Ripple is that the units are off - maybe $.08 would be an overvaluing of ripple, but there seems to sufficient enough dumb money keeping it in the $.30s, with this downfall, and just so much ongoing dumb money from there that would not likely be purged unless some of the ripple CEOs were thrown in jail, which does not seem too likely to happen, either...