If they did buy on the peak I am more than certain that they've also bought during and after the drops to try and lower the cost per coin. I'm almost certain they panic sold their fomoing butts into the first crash, re-bought in panic again, told themselves to hold this time, then sold it all at $160 in tears. Don't worry though, they'll be back at >$4,000. |
|
|
|
Approaching the 78.6% fib line. Doubt it will prove resistance, but guess you never know:  Counting today, 5 of the top 20 days in bitcoin history for BTCUSD price have been the past 5 days. Only 8 days have been higher than current prices. It doesn't seem like there would be a large group of people who bought on those 8 days and decided to wait 3 years to see if bitcoin could recover.
Yes, absolutely. I count just ten days where price was higher. How many days have there been since then, over 1000?  |
|
|
|
I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.
Can you, because I can't? How many of these strange and incredible people who defy normal human psychology do you envisage? |
|
|
|
I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.
I suppose she is sick of listening to it all from me for the past few years.
Well, that sounds fun for her lol. "What we doing tonight, hun? Restaurant, movies, a club?" "No, we're reading the Wall Observer thread again. JJG says something about a cost averaging strategy." |
|
|
|
I realised the GBP ATH was already hit a while ago (£690) so just USD left to go  By my estimate it was closer to £720 - equivalent to about $880 now thanks to the drop in the pound. |
|
|
|
Literally the only thing holding the price up is the Huobi bot buying "btc" with fake CNY
I'd stick to the sportsbook |
|
|
|
Mate, majority of the people posting here don't even bother checking in on the facts. They just post, make sure it meets 100 words and get paid! Pretty simple life for most of them. It's a repeat process all the time, just check their other posts. It's pretty darn annoying how all the people posting here have literally tons of the same bullshit level posts and nothing is being done to stop it. All for a few cents.  I'd be relieved if it merely were that mercenary category of poster that was crediting this guy's tall tales, but unfortunately it is from posters I know to be all too legit. |
|
|
|
|
Fuck me, how gullible are the folk here?
|
|
|
|
Consecutive days in the top 20? The pattern is like Jan 2013 all over again.  |
|
|
|
these last two days were just mad, price floating between 1600~1900 several times in a short period.
i've almost doubled the amount i had on poloniex and now i'll send to my wallet(as soons as it stop sync...)
I hope you mean you doubled your BTC (you don't want to be holding the POT bags when this guy calls it quits). |
|
|
|
the trick is the $ retirement accounts are best used to invest in the stock market. basic intelligent investing will have a better return (3-7%) than the rate of inflation (2-3%)
Pension funds are fubarred. They have liabilities they cannot cover. With bond yields at historical lows, they are struggling to meet their promises of a fixed return. Furthermore, this struggle is forcing them into riskier securities, such as stocks and repackaged junk debt. What happens when the next recession hits, or, as is more probable, the next crash? These purported stalwarts of financial responsibility are going to come crashing down themselves, like the twilight of the gods, taking their hapless investors with them. |
|
|
|
not really (for me). Unless you mean January 2013. Then I agree: it feels like the beginning of something big.
The fractal similarity between now and then hasn't gone unnoticed. I find it hard to imagine there could be such a % increase again, but I guess you can never say never with Bitcoin. |
|
|
|
90% of my coins were bought in the $200 dollar range. For me I remember paying £2xx each for most of them.
I was lurking around in 2013 and had 1 coin before then November pump and I was devastated I thought I'd missed the boat so to speak. Then when things got really bad during the downtrend I watched and watched and then pounced a little bit above the lowest point. Never got them the cheapest but I was happy I was in the game.
Nice one. Picked up most of my post-bubble BTC in the $200 range. Last buy for myself was at $300 last November after the rally to $500. |
|
|
|
That is true for bitcoin, but not for Etheruem at present.
Eth is on the opposite trajectory. 600k would be my next idea for support. |
|
|
|
Ok, fine. I'm here. Now what?
Stocks? Tomatoes?  |
|
|
|
|
China has only ever been higher in CNY for nine short days.
Nine days
|
|
|
|
Lol! Well I bought the previous dip at 700k, I'm very cautious now but I would still pick up some more really, long term of course. The only thing that works right now is shorting all alts or longing BTC...
But I think we can all agree this won't last much longer, I called BTC top at $850 some weeks ago, it already passed that. I'm sure the dump is around the corner.
You really shouldn't be so sure imho. We've overcome major resistance, and the chart suggests new ATH is quite possible. Let the trend be your friend as they say. |
|
|
|
 Never more apt. |
|
|
|
Probably not but maybe write them down in a notepad . I want a refund on my notepad |
|
|
|
|
Show Posts
