I think that my maintenance stage has become more and more refined, but I don't think that my skills caused the refinement but instead the fortune of our most recent exorbitant price rise from $2,600 to $19,666... .. but yeah, we are back in the doldrums of $8k-ish, but did not stop me from feeling a certain level of comfort from maintenance refinement. When we get to $100k (assuming we do at some point - perhaps less than 5 years? perhaps?), then I will likely develop even a more "refined" perspective regarding the significance of maintenance.
I can't help imagining you as you build the phrase and deliver it in a rhythmic deep baritone with hints of Spanish accents. A cigar and your favorite drink are all the props needed for the scene. |
|
|
|
So my best guess is, weak hands afraid to lose more than they already have
Also Wall St. is crashing us on purpose,  Sounds kinda weird to me. The fire power needed for such a crash... Plus, they would be selling at lost on purpose. That would be purely burning XX% of your money just to keep the other %. Unless they bought before the bull run but I doubt it. More like they caused the bullrun. Maybe they bet long on the futures and bought, then put shorts on after the futures closed and stated dumping. They might be putting very low buy orders in and trying to crash the price enough to fill them. After they reload they can close their shorts at a profit, put longs on again and start pumping the price. For every coin they dump there's probably ten more sold due to stop loss triggers and panic selling. Out of merits, sorry. First come, first served. Ahem. Although, to pick a nit, 1:10 might be a tad overstated. |
|
|
|
|
It's shorting, not real selling. I have a hunch most nonwhale hodler/accumulators have raked in what they could at increasingly discounted prices. I did, for the most part, as JJGee duly hypothesized (well, grandma apart).
However, shorting much longer (pun, sorry) could turn into risky business if any whale hodler/accumulator smells easy prey. I'd guess on the whole hodlers/accumulators tend to be less aggressive than pump&dumpers, but but. If one's pissed off enough, and the kill is easy enough...
|
|
|
|
It might go lower but I cant think of a buy here not turning a profit sometime within the next 2 months.
I can't help but think along the same lines. Are you losing your contrarian edge, or is it that you're dragging me to the Other Side?  |
|
|
|
My point is that now everyone thinks 20k$ is not sustainable for BTC, but the truth is that IT IS! BTC WILL rise and reach new ATH's sooner than most expect. My pessimistic prediction is 30K at the end of 2018 and the optimistic is 50K! But, but, but... what if the bad news continue? IF? You say IF? I guess you've been in this long enough to know that FUD never sleeps  Ok, what about 2018, 2019, 2020 (the next halvening)? Do you really, I mean REALLY believe that BTC will not return to at least 15K and prefer to sell at 8K?
Indeed, bad news or FUD or whatever. Honey badger don't care. |
|
|
|
No shit... BTC at its ATH hit >330bn marketcap. You can't do that with 2bn tethers (<0.7%). But market cap is not a terribly useful metric, when it's just obtained by multiplying the current price by the actual float - which is usually smaller by several orders of magnitude. In this sense, you can sway a 100bn "marketcap" by moving maybe just 0.5% of it, if the coins that are actually being traded are not too many. I might be wrong in my understanding of this market cap issue, of course. An elaboration or explanation will be welcome. |
|
|
|
I figure it will take 2 years to get back to $18k prices with BTC. I hope (and somewhat rationally think) it will take less. |
|
|
|
Hm, funny. Several intelligent observers here thought differently. They did see a correlation. People I respect. Of course everyone can be wrong, including each one of us. Are the details of the analysis available? |
|
|
|
You know, I really despise that the Bitcoin.com pool, run by Roger Ver, won't include transactions that pay less than 10 sats/byte in their block and then signals "Use Bitcoin Cash." What a fucking jerk.  I think the only way out of this is the mining oligopoly to be broken by new chips, available to anyone. There are hopeful signs already. On the other hand, the fact that Jihan now accepts USD as well as Bcash for his miners might be read as a sign of capitulation. |
|
|
|
Sooner or later, yes, unfortunately. But I'm still good - I haven't sold grandma yet. |
|
|
|
I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
Same here. My last hopelessy-low-will-never-get-filled buy order got almost half filled. Undecided if I should place another just 50$ lower. Hmmm... maybe not until this one gets cleared. On a related note, please keep posting, everyone! The more we post (especially memes with TITS!), the better we'll be off when we're back to WOPC parity later this year. |
|
|
|
I think a lot of these people bitching about scaling have never run a full node.
Surely, you mean a "full-validating, non-mining node"? Asks our wordsmith colleague jbreher. |
|
|
|
Well, most is, but some is a little off. As an example, I agree adoption is the main point, but I haven't heard about bugs biting and making developers lose testnet funds recently. Also, the route-finding problem is exaggerated. It is impossible to guarantee an optimal (shortest) route is found, but quite feasible to find just any route. If channels live long enough, a store-and-forward policy could take care of that. Also, opening and closing channels can become much cheaper with some new proposed pooling/batching protocols. You just open many channels at once and share the fees. Things will only get better with Schnorr signatures. <tinfoil>Do you know/can you find out the guy's track record? It sounds a bit like undercover shilling.</tinfoil> |
|
|
|
As noted by another poster, our guy Masterluc got his account on TradingView disabled. (yesterday at 12:37 pm) TradingView busted me whether it's the account, or the ideas. I do not know what I broke there. Well, fck them.
Where is that quote from Masterluc taken from? cause his account on bitcointalk was hacked the other day If's from VKontakte, his main outlet recently. https://vk.com/bitcoin_vanga |
|
|
|
As noted by another poster, our guy Masterluc got his account on TradingView disabled. (yesterday at 12:37 pm) TradingView busted me whether it's the account, or the ideas. I do not know what I broke there. Well, fck them.
|
|
|
|
My previous low-too-low limit buy got filled, but in the meantime I slipped one more in. I won't be satisfied the rise has begun until I have at least one low buy order left unfilled! hahahahahahaha... I have seen several of your posts on this topic, and it seems that you just keep adding another one as soon as the lowest as fuck one gets filled, and then you have a new lowest as fuck buy order... self-fulfilling prophecy that is going to be true no matter what, right?.. It's a bilt like your 'buy on the way down' gospel, seasoned with a bit of gambler's spice (look for the bottom just for sports). unless we go to zero, then you will have to set them in the negative territory (just for the record, I don't think we are going to zero, and especially not to the negative price territory.. Is that too bullish of me?).
Negative territory... you get paid to get bitcoin. Definitely not too bullish. Not happening anyway, I tend to agree |
|
|
|
It doesn't really imply all Nobel prizes for Economics are bunk. Not all prizes have been awarded to politically skewed theories of strict neo-Keynesian observance. As a good example, I'm thinking of K. Arrow's impossibility theorem (1972 prize). |
|
|
|
It's all about normalized merit TERA.
I just mentally subtract a person's starting point.
I do the same, it's quite obvious isn't it?  |
|
|
|
My previous low-too-low limit buy got filled, but in the meantime I slipped one more in. I won't be satisfied the rise has begun until I have at least one low buy order left unfilled! |
|
|
|
Tera isn't actually a one-way permabear IMHO. More like a cynical contrarian skeptic.
In other circles, they would just say "troll". I'm above that. (Badly missing an angel smiley.) Say "cynical contrarian skeptic" 3 times fast.
sinikalkontrarianskeptiksinikalkontrarianskeptiksinikalkontrarianskeptik I got my tongue twisted and tied. So what? |
|
|
|
|
Show Posts
