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Real Matic (soccer player) should sue, lol.
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I am curious as to what is the price level (low or high) where 70-90% of WO sell the majority of their stake.
It would be an interesting topic to ascertain if people would be truthful in their answers.
The most drawdown in a large cap stock I had ever seen was AMZN from intraday high $113 on Dec 6, 1999 to $5.67 on Sept 24, 2001, almost exactly 95% decline in approx 22 mo.
We already had this kind of decline after the first "bubblette" in 2011, but from a purely theoretical perspective, it would be (in the current cycle) from 20089 on Dec 17, 2017 (using yahoo historical data) to about $1010 sometime in the next 5-6mo (timing is already off).
I know that these are crazy numbers, so I don't even want to give a probability of such event.
In all likelihood the modified planB "box" at the halving between 3k and 18K should hold true.
My last buy was about $7100, so above are just theoretical musings.
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Another T17e shipped today, ordered in September.
They did not adjust the invoice for the second time (apart from what they did initially), price on invoice still $1133 plus shipping.
Tax $350 to US.
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Interesting...looking backwards, it gives an interesting setup at or immediately after the halving. We shall see if it repeats itself. The band is wide enough for btc to be anywhere between 3K and 18K at the halving, though. However, the lower it would be, the higher is the ensuing "safe" upside potential. This explains why funds are pressing btc down, since they know about the possible timing of the reversal and the maximum surge potential upon halving. I had observed this before with biotech stocks which are often being moved down just before the 10X gain in a week on relevant info release. EDIT: BTW, during both previous halving we came out of The "box" at about 30-40% of the box height (slightly below the midline). Projecting the same %% to this halving would indicate about 5-6.5K, which would be annoyingly low, but with a very high profit potential. |
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I got $1736 credit toward fully covering S17pro.
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snippped..chart1
snipped..chart2
Some hopium charts.
On the first one, the daily 350 MA is holding quite well while the Mayer Multiple is 0.78. Last time MM was this low it was the last year when the bitcoin was below $4k.
On the second chart we see the 200 Weekly Moving Average. According to this one, we never entered the bear market at all. The moment we came pretty close was last year when the price was $3.2k. What happened then? A mini bull to 14k.
Conclusion: We are very close to the bottom.
Now the Important Questions:
Q- Can it go lower?
A- Sure it can.
Q- Is it worth waiting?
A- I don't think so.
Q- Would you go all in from these prices?
A- Not my thing but I would start putting some serious amounts if I had no bitcoins. I personally increased my DCA's lately. (I did slow it down it in after May when it was above 10k and I told you when it was happening)
It is under 10k. Very close to the some serious support levels. 200DMA was a serious one too but I remember what I said back then, the real boss is the 350DMA. (The king boss commanding general is 200WMA)
I would buy bitcoin from these levels and that's what I am doing.
The fact that we recently declined below Mayer multiple of 1.0 makes this cycle particularly weird. Witness how it never did this during 2015-2017 bull run (once it started going by the end of 2015). |
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I don't want to mention any alts, but it is a bit strange that AA starts talking about multiple chains forming the "Internet of money". Here: https://www.youtube.com/watch?v=_VG-zln3TUgThe only current weakness I see in bitcoin is a potential for a sudden fee increase, which should be alleviated by the LN in principle, however, it's the details that matter. Not a problem right now. VCs will be hyping other chains, that's beyond the question. SEC tackled telegram for now, but there will be others. Anybody knows if is there a vehicle that trades bitcoin dominance? It could be an interesting hedge trade. PlanB, incidentally, thinks that dominance is about to spike higher ("Guess, what's next" twit) https://twitter.com/100trillionUSD/status/1203012308513017856 |
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Can we see a couple of fractal charts?
I kind of miss them.
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[...]
I actually explained the procedure that worked for me here on this thread: https://bitcointalk.org/index.php?topic=5201488.msg53180342#msg53180342A few clarifications: 1. typically, it works only for what they call USD order (means currently non-existing paypal and bank wire). 2. You need to establish what is your credit value. To do that simply say that you are putting in the order and need to know your credit. Just put the order in the cart, but don't finalize. 3. once you received the message about the value of your credit (or already know it), proceed to point#4. 4. Put in the USD order, finalize it, put the choice as bank wire. Bank wire has 48 hr leeway before it expires. 5. receive the order number, send email with this order number saying that you want your credit to be applied to that finalized order as a reply to the SAME rep who told you about your credit value and do it during 9am-5pm Beijing time. In my case they applied credit to order within 2 hr of sending the final email. 6. Hopefully, your credit fully covers miner's cost, then you do not need to pay anything and, hence, no need to sent any wires. That was my situation. 7. What happened to phil and others might not happen to you because I was specifically told: no refund for you, only credit and only toward new USD orders. 8. Obviously, if your credit does not fully cover the shipment, then you would have to follow instructions for the wire of the difference. |
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Like him but should be Van Dijk IMO
van Dijk will get one if he captains Dutch to the first world cup (on the fourth third attempt), scoring a monumental header in OT  |
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Fully deserved, but i feel like CR deserved one last year. It went to Modric instead. CR played much better than Messi at the World Cup. The only reason CR did not get it last year is because he left RM. Overall, Messi has an edge over CR due to his phenomenal technique. The ball placement is just sublime. CR will not get any more judging by how he plays now, most likely, but Messi could still get more. |
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I was under the impression that US senate and congress persons were not permitted to hold Bitcoin.
They can hold it, but have to report such holdings. |
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resting peacefully
after a raging battle,
bitcoin is ready...
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How to be sucessfull (or at least try to be)
1. 80 hour work week
2. Sacrifice weekends, nights, holidays
3. Risk taking, dump all money into what you believe
4. Failure 99% of the time
5. Do not quit despite failure
6. Read incessantly, constant self improvement
7. Competitive af + put up with haters
A strange game. The only winning move is not to play. |
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Apparently, natural power-law corridor of growth for bitcoin has been falsified: https://medium.com/burgercrypto-com/debunking-bitcoins-natural-long-term-power-law-corridor-of-growth-c1f336e558f6Premise: One person in particular keeps coming back saying his model does a better job. Harold Christopher Burger’s idea was to build a comparable model, but instead of taking the natural logarithm of the stock to flow ratio as an independent variable, he thought the natural logarithm of time would be a better input. He reasoned that stock-to-flow is a function of time, so time itself must perform better. Even though Nick has demonstrated repeatedly (here for instance) how PlanB’s model is just better, Harold keeps claiming his work is superior. What followed is a falsification of the Burger's model, at least according to the author. PlanB's model is still standing (so far). |
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Group F...   how is it even possible to have France, Germany and Portugal in one group? Wicked. |
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this uncertainty makes it really hard for me to order from them.
i think i may have ended my orders for 2019.
Yes, I am done as well. Not sure if it is OK to say here that I might sell coupons. |
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Re price after halving-depends on btc price.
For me, both S17e and T17E came from China, urgh.
Taxes were about $493 for S17e and $360 for T17e.
Compare with s17pro from MY at $52 tax.
Why not switch ALL assembly to MY?
Oh, well.
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