difficult to time these matters exactly, especially if you are trading somewhat manually. 

I was sleeping when $382 took place, and I believe that my bitcoin alarm was set for $393 or something like that.  The alarm went off, and the volume was a bit low, so I believe several minutes took place before I was able to get sufficiently oriented.. blah blah blah...

I ended up buying some at $392 and some at $389...   

Even though I saw a pretty decent sign that bottom had been in (that is nearly 3k BTC sold on stamp within a few minutes), I'm not a balls to the wall kind of investor, so I bought a pretty decent quantity with my available fiat; however, I saved a bit of the fiat just in case we were witnessing (not for the first time), a false bottom.

Actually, I think this is a really fair analysis.

There are some uncertainties with seg wit.  Oh yeah, it seems like a really great idea, yet like you said problems in the testnet causes some uncertainties concerning whether fixes can be made and whether problems can be identified sufficiently and whether it accomplishes all or most of what it is billed to accomplish without causing various unexpected downsides.

And, problems could cause some delays in the actual deployment of seg wit into the real bitcoin space with real world applications built upon it.

Because I take a lot of the FUD with a large grain of salt, the upside of seg wit seems to be much more likely than the downside of seg wit... .. but until it is actually deployed into the wild, we will not know for sure regarding whether it is meeting or exceeding expectations or turns out to be a major disappointment (as some of the FUDsters seem inclined to suggest as a real and likely possibility).

Sometimes you make a lot of sense; however, this is not one of those times.


Get real.


If price were in a consolidation period for a few days, then of course it makes sense to attempt to weigh price direction in terms of which way the bets are stacked; however, in this case, price just suffered a test of $400, and that test took a whole hell-a-va lot of coins to move the price (on stamp) from $402 to $382 (actually about 3000 BTC on stamp within a few minutes).  That was no sustainable drop, but instead a test of the bottom that has proven that it takes a whole hellava lot of coins to push below $400 and we are currently back above $400...... ...

On the other hand, I don't really know for sure.. but to me, it seems that the bottom has been tested, and we are back on our way up in bitcoin.  In any event, the odds seems greater to go up from here (5% or 10%), rather than going down.  On the other hand, we could languish in this price area for a few days, and if that happens, then we will need to reconsider our predictions a that point, including considering the extent to which longs (or shorts are stacking up) and other potential tests of support or resistance.. and how much volume of BTC is employed to engage in such tests.

Yes in retrospect we recognize $1200 as an inflated highpoint... but hardly a pump and dump to take nearly a year to force the price down to below $200 with considerable amounts of capital used in order to achieve such objective.

Actually, there was considerable amounts of capital used in both directions (the pump and the dump of bitcoin)... We will see whether Ether can do another 10X... after the latest 10x... and that would surely be impressive if it were capable of such (which seems very low likelihood).  Bitcoin seems to be in a much better position for a 10X (at this time) as compared with Ether doing another 10x at its current price point.

Yes.  Factually, ETH did 10X in 2 months...   but bitcoin did not tank.  It is relatively flat in two months within a range of about $352 to $450... and currently within about the middle of that range..

Not exactly "tanking" and not exactly in any kind of "predictable" manner because there have been  some fairly decent ups and downs in the past couple of months in bitcoinlandia.

I think so, too.    Guys will certainly become much more attractive and interesting to the chiquitas with bitcoins at $1,000; however, I am thinking that the next bitcoin bubble, once we get there, is going to shoot into the $3k to $5k territory.... It's just a matter of when, and if we will all still be alive by then and still able to provide peanut services to each of the chiquitas who become more interested in us (for our various "qualities").

It seems that you had made a pretty solid prediction, regarding bottom ......

Thank you.  I see the 25 casino bonus in my Betcoin.Ag account, as well as the Stage 4 payment.

At least your selfie is humorous.   

Your post pretty much proved my point that you are engaged in ongoing vague pussified indirect innuendos, which in essence is a whole hellava lot easier to pick apart various contributions of other posters in these here threads rather than to provide some kind of closely approximating meaningful content of your own.

 

Surely, ETH has a bit more credibility than Ripple, but really, you could not really believe what you just wrote....

Further, this Eth pump has only been about 6 weeks... o.k.... surely it 10x in 6 weeks, but still, you gotta step back a little bit... and surely, even if ETH does not crash back to below $2, Bitcoin still is going to retain considerable value.. in spite of some of the ongoing and ridiculously exaggerated in-fighting.

What is a make believe profits? 

What's the status of your portfolio?

Have you ever provided any details in your BTC history in order to attempt to engage in a meaningful dialogue rather than vague pussified indirect innuendos?





Blockstream is one entity, and many fearmongering FUDsters seem to giving too much weight to their alleged importance in order to attempt to bring greater weight to their conspiracy theory FUD spreading attempts.





Buy and HODL is not too bad of a strategy (and surely it is much easier to accomplish and harder to fuck up than trading); however, when there is a lot of up and down price movements in the bitcoin space, there can be some advantages in protecting a person's own BTC investment portfolio and overall position by selling small  (or some manageable) quantities on the way prices go up (in order to buy more BTC on the way prices go down). 

A major problem in attempting to protect yourself by selling small amounts of your BTC holdings seems to be that people tend to get too carried away or greedy
with selling a lot and attempting to make some kind of killing (rather than engaging in hedging like behaviors by selling perhaps less than 30% of profits at various upswing price intervals)

Yeah, as if it would be really smart to quit bitcoin after 100% appreciation in about a year... with a lot of the interesting ongoing developments in the space...


The level of FUD is truely amazing - though I am sure it is shaking a few of the ones who got into bitcoin in recent times (want to take their profits and maybe mitigate their perception of potential losses)

Not even close to hitting any kind of real limit.  I had several transactions on the blockchain in the past few days, and a few of them, I experimented and cut the standard fee in half (from .0001BTC to .00005BTC per kilobyte - that's $.02), and all of my transactions were confirmed (at least 3 confirmations) within a couple of hours.. and within minutes each of them showed up as "pending." 

If we get to the point of a week or longer with these kinds of low fees to confirm transactions, then let me know, and I will consider the matter.

Yeah, sure, we want some faster transactions and to keep fees low, but have a little patience ladies (ten paciencia mujeres) because Seg wit is right around the corner, and there are likely going to be a lot of innovations and inventions around the seg wit technologies (and contributions to the blockchain).

You should change your name, from "TakeTheSkyRoad" to "TheSkyIsFallingRoad"


The information contained within the link is filled with total bullshit. 


The worst problems in bitcoin, at the moment is that some people are believing propaganda regarding supposed technical problems in bitcoin.

In that regard, any problems are people screaming really loud about make believe technical problems.

Yeah. The blocks have been  like 80% or more full for days, and I did a nearly 3btc transaction today it cost me fricken $.04, and took nearly 2 fucking hours to confirm.

You know I could have used something else that's better. I'm sure there's gotta be something that will give more comfort. We just gotta find it.

I looked for Masonic coyn, but they don't seem to have one yet. Maybe we can check with Bruce to see if he knows?  I'm not very smart about those things, so I'd rather just follow what you smarter people think.

Yeah.. .thanks Obama.   


By the way, which possible alts are you gonna try out?  I may follow your lead... because this bitcoin governance is just bullshit and seems to be taking way too long in causing bitcoin to become the dominant world currency...

We gotta just figure out to which coyn are we gonna go? 


There are nearly 700 choices, but I am sure any of them would be better than this bitcoin crap.

I was thinking about LIQUID coin... .. At least the name seems to be heading in the right direction.


http://coinmarketcap.com/assets/liquid/



However, if you have a better choice, I will consider that, too.. I'm flexible like that.        

That's crazy talk.. especially regarding "never".

Surely, we have been floating largely in a price range of about $370 to $450.. for what seems like a hell-of-a long - however, there is no "never" in bitcoinlandia... like your post seems to be emphasizing..   

we could go up with prices, or down...

I'm kinda thinking that up is a bit more probable than down, but what the fuck do I know? 


In any event, each of us should attempt to kind of be prepared for prices to go in either direction, at least for the short term.. .. especially in this particular $370 to $450 range.. .. and $450 seems more likely that $370... but we should keep a little fiat in our reserves to be prepared for the less likely occurrence of $370....

Surely UP would be nice, but should we just try to enjoy a bit while we are here in these seemingly low market cap territories, and maybe attempt to accumulate  a few more coins.. and even to shore up our plans for the upward choo choo.. whether that comes within 6 months or 18 months?   

So, we should try to accumulate coins, even if it is just one or two coins within the next several weeks,  but who really knows for sure for how long we are going to continue to languor in these price territories? Within the most likely probabilities of the bell curve, BTC prices could languor here for as short as 8 hours or could be as long as a year or more... Most likely there is going to be a upward breakout within less than the next 6 months.  but chances are pretty decent that such upward break out will happen sooner than 6 months.  Thoughts?

Yeah right...


Making shit up.


So far, in the past 24 hours, BTC prices seemed to have experienced about a $15 downward adjustment that popped back up $5 (so a $10 temporarily downward adjustment).. and yes, maybe BTC prices are going to be going down further, but such prices could also go up...

Do you know which way BTC prices are going in the next 24 hours or 7 days or 30 days?  



Or are you here (in this BTC thread) to pump your little friend, ETH (the new coin wonder that took Ripple's place as the current pump coyn)?