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Anonymint is meth level behavior
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Yes am watching with interest but sitting on my hands
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First wanna thank you guys for the "for most massively" support coming from you guys (for the source application)
you made it? NICE you got an amount thats your monthly allotment. i divided mine by 30 and if i stay near that target i can count on getting that amount back every day on the next cycle. you can of course spend more or less but on days when i go way over that and run out it sucks big time the next month being dry and going days waiting for them to come back. because then of course i find dozens of posts to merit.. they will come back 30 days later. to the second. Yeah I already saw that and know this first month to spend them a little bit wisely thinking on the next month ....  Thx Congrats Mic. Well done. |
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Facebook at 5%?  |
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Diversification is about picking the best of each market segment and buying a little of each. It is not about chasing penny stocks.
Portfolio performance is only gained with a range of stocks from each sector. The lower caps will always be more volatile and some will outperform the dominant stock. We are only talking investment intent and actions here, not fundamental value. Therefore investment is about chasing penny stocks , and medium cap stocks, just as much as big-cap stocks. The sort of investors we are talking about see cryptos as stocks, so plenty of money will flow into alts, and many will outperform BTC (considering price alone) You are confusing two separate concepts. Diversification is a risk reduction technique. https://en.wikipedia.org/wiki/Diversification_(finance) Portfolio optimization is about optimising a portfolio to achieve a specific objective (growth, income etc). https://en.wikipedia.org/wiki/Portfolio_optimization. When you are saying ‘diversification’, you really mean portfolio optimization in a way that increases risk If you want to optimize for high risk, high growth then chasing alts is the way to go. Don’t make the mistake of thinking this is diversification, because it’s not. |
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The institutions are finally figuring it out that it really is all about bitcoin and building trading, exchange, settlement and international transmittance layers on top of Bitcoin. Eh...they're not actually. They're figuring out it's about diversification. Not least because of 3 things: 1. no investor in possession of their senses doesn't diversify their portfolios within any asset class 2. they understand that monetary assets are not a natural monopoly 3. they understand that the most expensive asset in the class does not always have the most upside The "God made bitcoin so we don't need anything else" delusional hopium in this thread is quaint, but you already lost that war 5 years ago and diversification is a one-way street. That is one genie that does not go back in the bottle. Tokonormal. How are competitors against Facebook doing? Against Apple? Against Amazon? Against Netflix? Against Google? Do you want to diversify into second tier versions of the FAANGs? No you do not. They each completely dominate their market segment. As does Bitcoin. Diversification is about picking the best of each market segment and buying a little of each. It is not about chasing penny stocks. |
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Just saw my first mention of Bitcoin in the local press in the last six months. The rally is just starting to filter into the public conscious
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The expression “piss poor” comes from those who sold their urine to tanners...
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By “value” I mean a use case, where the coins have been used for their use case.
Other than stable coins, no alt coin has ever been used for its intended use case in any meaningful way.
If they don’t have a viable use case, then they don’t have any value.
LoL. Do you actually see how hilarious that sounds coming from a bitcoin promoter ? You think that bitcoin has any more of a "use case" or is being used for its "intended use case" ? We're 10 years in. What's the Whitepaper called ? "A Peer to Peer Electronic Cash System" ? Look around you. What did you use the last time you went to the supermarket ? Bought something on Amazon ? Made a withdrawal from the bank ? Get real. Altcoins are an $80 Billion market - that's quite a lot of "no value". The words pot and kettle spring to mind when people from either camp accuse the other of "not having any value". Most alts are doing what they were designed to do which is more than can be said for bitcoin. That doesn't mean it doesn't have a role, but everything in this entire sector is far more mutually dependent than many of their respective fanboys give credit for. Bitcoin is a store of value. It is working quite well at that. The market is deep and liquid Have a look at the order books. That so called $80 billion alt coin market is illiquid and shallow. |
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By “value” I mean a use case, where the coins have been used for their use case.
Other than stable coins, no alt coin has ever been used for its intended use case in any meaningful way.
If they don’t have a viable use case, then they don’t have any value.
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That’s all very good and well. But the only alt coins that have shown any value to date so far are stable coins. And even they are quite dubious. Tether and Dai have shown us that current stable coins are not stable. They had one job....
Until we have at least one alt coin which has achieved something, I’m afraid your argument has no practical application, and is of theoretical interest only.
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And the daily has swung back green.
Go Bitcoin go.
It looks exactly the same as April 2 daily candle.. and look what happened thereafter...  HAH. Good point ! |
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And the daily has swung back green.
Go Bitcoin go.
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It’s barely red on the daily. Hard to get wound up about that, given the huge move yesterday.
Under the circumstances anything except going straight back down is bullish.
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Please stop saying 'that's just semantics'.
Use words in their generally-agreed-upon fashion or not at all.
'When I use a word,' HairyMaclairy said, in rather a scornful tone, 'it means just what I choose it to mean — neither more nor less.' 'The question is,' said V8, 'whether you can make words mean so many different things.' 'The question is,' said HairyMaclairy, 'which is to be master — that's all.' |
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WhalePanda deleted the tweet? I guess it was wrong. Sure as hell was surprising. |
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If you want long term indicators what about the 1 week RSI being at 77.5. In the whole history of bitcoin it's never been that high without a major retrace. 6500 minimum. As much as it looks buoyant right now that will not last too long. It's massivly over brought based on lies atm edit: i meant over brought  Weekly RSI can go a lot higher for a lot longer. We are at the red line.  Guess what happened last time we crossed 77.5 on the weekly RSI? We were at $8k and went to $19,666 before correcting... Look at the vertical red line... Do you want to sell at $8k now and have the price go back up to the ATH before the RSI corrects?  |
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I hope that is not meant to be TA, because if so that is the stupidest shit I have ever seen. Looks like a teeter totter to me Bearish engulfing candle on the 2 hour as just after it attempted this trend line. 6k in a couple days imo 1. No one cares about the 2hr 2. Don’t count your candles before they close 3. A single candle means nothing without follow through. |
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On that note someone asked me if I had sauce on the BFX $1 billion fund raising being BS.
I don’t. But the whole thing stinks like a dog turd.
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