The key substance to your statement is "at the moment."  There are only going to be a few rare folks (or very uninformed folks) that really are going to conclude that BTC is at some kind of stability price point.  Yeah, there is some waiting and seeing going on at the moment - but bears certainly would prefer BTC prices to go down and bulls would surely like BTC prices to go up.  The strength of the convictions on both ends signifies that this current price point remains in a "temporary status."  For how long this "temporary status" will last still remains to be determined.  Another month is not unrealistic.  Another six months is less probable, but still within the cards of possibilities...

Nonetheless, I think that the chances are pretty decent that we are going to experience some kind of break out of 5% or more in the coming month, and even though a break out of 10% or more in the next month is less likely it has decent chances as well in the next 2-3 months.  The 5% breakout could go either way, but I place the odds a bit higher that the 10% break out would be to the upside... yet there is no guarantee with direction, in any respect.. just depends upon how much each of the folks on each side (bears and bulls) are willing to spend to attempt to achieve their price direction push objective.

Actually, you are correct in regard to both of your points, and I had been having some of those kinds of thoughts too regarding their getting little diggs in about bitcoin and also regarding their supposed transparency (that used to involve showing Voxeles as one of their asset class holdings)

Thanks for your response.  What you said is what I had originally thought, then I heard about the coinbase situation of people taking their ETH to poloniex.

I had not thought about the BTC-e situation that you describe in which they keep the ETC, but that makes sense.



Thanks.  That makes sense too.

 Probably, I am not going to take any chances, and I am just going to leave my ETC on Bitfinex until I feel like selling them, unless I feel safe with moving them... which probably I am just going to wait for a while and see how some of these things playout.

Uphold used to be called Bitreserve.  They changed their name about 10 months ago.

I have been kind of trading with some places with fees too, and fees are generally between .1% and .25% (BTC-e, Bitfinex, Bitstamp, Gemini and GDAX)...

It looks like I got about 10 months of decent BTC/USD free trading on Uphold, but now they are changing their fees.. actually increasing their BTC/USD trading fees from 0% to .45%, beginning August 1... in a couple of days.


https://uphold.com/en/blog/posts/uphold/uphold-introduces-new-pricing-structure


All good things must come to an end?


Take advantage of what you can while you can, because it may not be in the future?

It looks like I got about 10 months of decent BTC/USD free trading on Uphold, but now they are changing their fees.. actually increasing their BTC/USD trading fees from 0% to .45%, beginning August 1... in a couple of days.


https://uphold.com/en/blog/posts/uphold/uphold-introduces-new-pricing-structure


All good things must come to an end?


Take advantage of what you can while you can, because it may not be in the future?

I have not bought any ETH, but I bought ETC (a couple of days ago on bitfinex); however, I understand that recently, some folks had been buying ETH (I think on Coinbase), and they would receive both ETH and ETC, when they transferred their ETH to Poloniex (I don't have a Poloniex account) - so maybe i got ripped off on Bitfinex, if there were better deals?

I don't really want to buy any ETH, but does anyone know exactly when the cut would have been to receive both ETH and ETC - I thought that it would have been prior to the hardfork, but who knows?

There could be various kinds of exploits, no?

Even though I kind of like having some ETC, just for the disruptive factor, but maybe I should sell some or all of my ETC before I lose money?

Look at you still on the same talking points, over and over and over.  

One day you say, "o.k. I can accept where we are, o.k. increase the blocksize limit later."  Then the next day you are back to those already worn out arguments, "we need a blocksize limit increase, now, now now!!! There is no reason why not, now now now!!!"  

 You know I repeat my same response too, and that is that so many of you big block fucktards continue to repeat over and over, and suggest that the burden is on Core to explain why it is not taking some kind of action to increase the blocksize limit, and the fact of the matter is that the burden of production of evidence and the burden of persuasion regarding any such evidence, if it were to exist, is not on Core to explain why it is not taking the actions that you would like.  Both the burden of production and persuasion is on folks who want the change, and those folks are no fucking where even close to meeting either of those burdens, even though they continue to whine about it and continue to erroneously (and maybe even purposefully in a trolling manner) suggest that Core has some kind of burdens in this regard.

Tried and worn out arguments and gone over many times, no?  Oh no, let's just keep raising the arguments over and over and over, even though we have no further evidence and no better logic to support such a position.



Edit:    In other words, based on reading some of Adams subsequent posts from just a little bit ago, today, it appears that he is reverting back into nearly full retard mode.  Meltdown or what?

Yeah... right.. you are living in a fantasy world if you believe that this particular attacker is not very sophisticated. 

He may not have been completely successful in accomplishing his original objective(s) - unless he just wanted to expose an exploit hole.  In any event, he employed interesting tactics and has caused a pretty big ruckus in the crypto community, even if he happened to have accomplished such from his mom's basement, which really does not seem to be the case with this particular attacker.

I'm glad that they don't rush out some quick supposed solution without considering the various ramifications - and in December, we would be looking like Ethereum. 

The testing and the vetting and the getting input and insight are all important in the grown up world when dealing with actual value and looking towards the longer term (rather than pump and dump).

I still think that on an ongoing basis you kind of read into my position and practice kind of what you want to read into it.


I will admit that I have been a very prolific writer in these forums, and I have done a lot of prognosticating about prices, and even made a lot of disclosures about my own bitcoin buying practices - but even with a lot of my disclosures, I probably have held back enough that no one really knows my exact quantities of buys etc.

I have been holding back information mostly for the purpose of maintaining some personal privacy (just in case I meet people in the real world who have seen my forum posts), and I am not trying to really withhold material aspects of my strategy.

I think that I have been consistent throughout to buy on the way down and to sell on the way up.... the only problem between about late 2013 until mid 2015, there really was not much of any up.. so we only had down down down.. .. so in that regard, I never really had any meaningful opportunities to sell on the way up.

O.k... maybe there is a bit of a contradiction in my statement because we did experience some small uptrends in between late 2013 and mid 2015 - however, I really considered that I had not accumulated enough BTC, and I really had not established any kind of selling strategies during that period of time because I considered that I was still accumulating BTC.

I only accumulated BTC with my spare funds, I did not leverage and I did not invest any money that I needed for living expenses or anything like that. 

So I believe that I never did over invest.

Anyhow, my beginning to put my selling into practice, starting in late 2015, was not really to rebalance in any kinds of global ways, but only to help to offset some of the downside volatility risk of BTC... so currently, I am about 95% bitcoin and about 5 % cash, and the most that I have gotten down to in my selling is about 92% bitcoin and 8% cash... I do not consider these to be major rebalancing or selling off, but only selling off very small parts of my portfolio and then buying back on dips.

There is another way of thinking about rebalancing, and that is if I were to rebalance my total quasi-liquid investments.  My initial goals around late 2013 was to work towards investing about 10% of my quasi liquid assets into bitcoin, and probably to stop around that 10% level... I had largely achieved those 10% overall investment into asset allocation in late 2014, so when prices began to rise, my allocation rose to nearly 30%, and I have not diversified out of bitcoin in terms of completely cashing out (not yet), and since my BTC holdings became a higher percentage of my assets based on price appreciation rather than my personal investment, I feel that I can let it ride to higher levels before I rebalance the total of my holdings.. I may even allow it to go into the 60% to 80% territory before I begin to feel too lopsided in terms of bitcoin holdings.





I think that you are reading too much into my supposedly having had overbought and my supposedly feeling any kind of need to rebalance the totality of my finances based on having had overbought.  I personally am not in that kind of a situation.  I have no urgency in needing any funds that I have invested into bitcoin, yet I have invested enough that I will profit considerably from some kind of exponential growth period, if one comes.



There could be some truth to what you are saying, but i think that you are attempting to simplify too much.  I think that there is a lot of variation in what kinds of holdings people have and whether they believe that they are investing for the long term and whether they feel some kind of urgency to cash out some of their stash.  Of course, there are going to be all kinds of folks in each category.. people who began investing in 2010 or 2011 but have not built up a stash and people who have and all levels between.. and then the same is true for folks who may have begun investing 2012 2013 or 2014, there are going to be lots of categories of folks.

You recognize that there have been a lot of good developments in bitcoin, and you should also know that since 2013, there have been a lot more big players coming into bitcoin plus tools to short bitcoin, which are all probably much better explanations of various bitcoin price actions rather than trying to describe various investors like me as causing the price to stay down because that is nearly pure nonsense.






More tools for shorting have caused additional price dynamics besides merely looking at mass adoption abilities to speculate only upwards.  For both bubbles in 2013, it was much more difficult to short bitcoin, and those tools are now available along with some bigger players manipulating BTC prices (or at least attempting such - and that is not me or the likes of me).



That part is fair enough, but I still think that you are giving too much weight to some of these small potatoes, such as me, and even suggesting that there are a lot of folks out there that are like me... just seems too simple to me. 

Maybe I can feel a little bit honored that you are continuing to troll me even though you frequently seem to intentionally mischaracterize my bitcoin trading activities and my trading positions?  then after I seem to have clarified various matters then at issue, you do it again... 

Just to restate, I buy on the way down and sell on the way up but there is a lot of stagnation in recent weeks, so I am not doing too much - yet the amount of my BTC holdings is less than 1% from it's all time high level.... so yeah, I am selling small amounts as the price goes up, an buying as it goes down.. but I would not call us exactly in an up trend, except maybe a baby uptrend, even though we moved down from $684, but then up from mid $640s.. hard to do a lot with small movements (so kind of stagnant in these times and HODLing, no?)







If you are kind of trying to be patronizing because you have been in bitcoin a bit longer, you are being a bit goofy about it. People have all kinds of experiences that they can bring to the table besides how much they have studied bitcoin and whether or not their portfolio is "in profits." 

You are coming off as a bit butt hurt in terms of hearing the perspectives of others, and I preached a lot of the same thing when my portfolio was in the negative as compared with now when it is in the positive.  I did gain some additional experience after I began to trade, and I am still attempting to hone those skills, share some ideas, maybe brainstorm a bit with folks on this forum, and likely I still have quite a bit to learn about these matters, even though I feel that I have very decent techniques in place and also a few different experiments, too.







I've been balancing for a long time, and I came into bitcoin with over 30 years of personal investing experience - at least dollar cost averaging with various index funds and a few other experimental investments that seem quite different than bitcoin, because I think that I was not really able to personally interact and move funds with the same level of activity as what seems available in bitcoin... and the 24/7 nature of bitcoin, also seems to bring an additional dynamic to the whole incorporation of such bitcoin experiences.




I have already explained this before, I am not really planning on getting out of bitcoin. I have no idea how bitcoin prices are going to play out, and maybe even if i change some of my approaches to my plans to buy or sell.  So for example, if bitcoin were to shoot up to $5k in a matter of 2 or 3 months, I may well choose to sell only 60% of my holdings, even though others may sell a higher percentage than me.  I have tentative plans, but really those plans can also be tweaked if prices shoot in one direction or another in a much faster or slower pace than previously anticipated.

NO....


Soon is going to be soon. ^TM

Don't you know that is the standard answer, and it should be accepted?   NO more questions regarding when we are gonna get there, please.   

Yeah, I noticed that you probably have been reading R/btc too much... with such ongoing nonsense implications as if there were actually some kind of thing wrong with bitcoin beyond the fantastical and idiotic musings of bigblockers, such as yourself.

This could hardly be a serious question.  Oh yeah, I forgot, it's fatty typing.  She wants to push buttons about non-issues.






Define "lately."  Oh, you mean the fact that bitcoin prices have been flat for about a month, you call that lackluster?   or are you talking about bitcoin prices floating in the $360 to $460 price territory for more than more than 4 months and then moving to the $600s, oh?  that kind of lack luster?

Or are you more selectively focusing on bitcoin prices going to the upper $700s and then retracing back to mid-$600s, so therefore that must be lackluster because the price should be going up further, rather than staying in a kind of flat zone?

Kind of vague points that you are making, no?  and without really a context?   

I would hardly characterize bitcoin's "lately" price performance as a kind of "lackluster," unless I was trying to plant some kind of ideas that bitcoin is broken?  Oh, maybe that is what fatty wants to suggest here?  Bitcoin is broken, oh?







Probably, you need to refresh yourself on the definition of white knighting.  White knighting is when a little pussy like you comes in to defend someone who is well able to defend themselves, but instead, you feel some kind of social justice need to stand up for the poor lillie thingie.  You do frequently seem inclined in a kind of white knighting mode, and I suppose the Pseudo anonymous nature of this thread kind of enables you into such pussy practices.   

Hello? Soon. ^TM

Poor lillie thing.


You ask a bunch of dumb questions, then you expect posters to respect you in a quasi-anonymous forum.     I am not pissed at all regarding the topic, just responded to your silly-ass post.  On the other hand, you seem to be a little bit sensitive to engage in substantive BTC discussion.  and maybe even easily distracted.  




Actually, I agree that my language may have been a bit stronger than necessary, but this is the internet, no?  Shouldn't we expect that sometimes the tone of writing (especially in a quasi-anonymous forum) may be a bit off in one direction or another?



Actually should figure that fatty would chime in with a bit of her white knighting.   

I found it to be interesting, but very broad theoretically about the history of money and bitcoin's roll in that evolution.

I watched it with a "friend," and recognizing that it was late at night, she was excited about it but fell asleep  about half way through it... while claiming that she had not fallen asleep... so it is not exactly a riveting nail biter.  hahahaha

Thanks dmwardjr.  That is a great link, and don't even have to use torrent (at least while it is still available... in other words, if anyone here is interested in watching for free, they should do so, while the link is still available and active).

Did someone promise you something too? 


Try a little harder with your nonsense.

By now, even the biggest of idiots have figured out that Gemini is an exchange and an exchange is different from an ETF.

We could have given you a pass for these kinds of questions a year ago (when Gemini first came out), but a year later, come on?