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Who would have thought? Well, I certainly did. I know I couldn't be the only one. Remember, 85%-90% pullback from ATHs is completely possible, completely normal, completely expected.
But that's always some massive scare event to result in that.
At 69k, we only needed just above $10k Bitcoin ATL for that to remain true... and the thing I mentioned several times about price never falling past a previous cycle's ATH -- now it's happened, more people will lose faith, so if the 85% pullback becomes organic, we could see even further battering if we get to that 10-11k range AND we get a scare event.
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Hard to see us breaking past the 2020 low -- that itself was a Black Swan event and we were just seeing $8000 a week before that time, so we'd need to get both those again: trading below $10k AND another massive unexpected shock event. We couldn't possibly be so unlucky, could we?
That said, we're going to see a lot more inflation-fighting measures from fiat nations, and the pricing in of further Fed rate hikes means we're getting more low blows for a bit.
$11k is my vote.
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do not follow daily, but did not saw a drop below $10k for BTC?  nevermind, there was little interest in CL previous season, not sure why, but I don't think that it is going to change this season maybe it is due to competition that is group based, and then there is not much games, and basically after group stage, you cannot change much, so not that interesting as EPL, or La Liga and Calcio (those having few participants as well) Was a terrible attempt at a joke, I'm doing my best to be cheerful, and in 2018/19, I always 'pretended' BTC was below 5k, and then of course my heart sank for a time in March 2020 when it actually fell through $4k heh. So now my psychological mind's putting BTC at $10k. You know, false comfort. I suppose UCL is different format but funny thing is we actually had 15 participants for Nations League, which is also group stage, and a lot more boring (sorry UEFA). I'll rummage around myself too and see if we can scrape something, will update if so. |
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Tough luck leea, tennis on accas, been there done that cried the same tears heh. @Trofo yeah the Djoko case was always weird, but the world's so weird now with everyone trying to make some kind of reputation for themself. Think that one was a cut-and-dried "win votes" move though. Aussies didn't want him in and they saw it as a chance to win popularity.
If you need one risky game for today, I would go for Hurkacz to win 2:0, should be good odds. I have him to cover handicap and as ML @3.0. Never liked Medvedev much and it seems to me he is quite vulnerable and easy to loose nerves at this time of season. In the other final I feel like Berrettini should have it done in 2 tight sets, so I rather took him as 2:0 then handicap. Nice one, just took it before match. I think this one seems better value too and to ensure one of us brings home some prize from the bookie, I went for correct score 2:1 to Hurkacz 6.06. was 5/1 for 2:0 so either one looks nifty. Hurkacz started well on serves, now's just got an ace, but time for me to go watch some other non-sports. Heh That's all my betting for today, I'm being a good boi saving my BTC for July! |
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I will definitely look into the Lauda incident for you. Speaking of Lauda, if there is anyone who hasn't watched Rush movie they are definitely missing too much now. You need to watch this movie.
Anything has to be better than Fast and Furious (full disclosure I actually never watched but there's so much meme and trailer content you feel like you can even not watch it and know the series)... the last driving themed movie I really liked was Drive -- 2009 movie maybe? and the soundtrack was incredible! Looking up Lauda and Rush, didn't know there was a film like this! When's Hollywood going to do something for modern times I wonder? @swogerino Haas has indeed impressed. Magnussen won me a few cool points but I also took risk of dropping them this time. |
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^ Heh yeah I took the 0-25 on yellows so hit that just almost. It's a sign of the times when we can get 2/4 on a league we probably don't even watch (I follow time to time) and yet get 0/4 for Nations League which should be what we know the most about. Anyway... Today and tomorrow are free drop days on Sportsbet. Not 100% sure what the drops are, freebets I guess, so don't forget to check your Rewards tab and/or balance  |
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@aoluain at this stage the only thing that'll surprise me about him is if he actually ends a game (win or lose) without an incident. Think sometimes he's even doing it to live up to his reputation
@Joca97 Tsitsi max final agree, Kyrgios I don't even rate him as a final 4.
@Trofo yeah the Djoko case was always weird, but the world's so weird now with everyone trying to make some kind of reputation for themself. Think that one was a cut-and-dried "win votes" move though. Aussies didn't want him in and they saw it as a chance to win popularity.
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So for EPL, seems like entry fee is suggested around 2-3 mbtc (which is about $18-27 right now haha), think we should try and gauge expectations for this pool and try to revive it to return to the glory it deserves? I'll commit to a small share of the prize pot if hilariousandco can confirm we'll get anything, otherwise I also don't mind managing what should be a small pool. I know there are plenty of others willing and able to, but I actually really do like this contest and feel like it should deserve more attention Liverpool 8/1 to win it last season, so outright was absolute must for me but just over 3/1 this season (what the hell haha), so little value, better to bet on them to win a string of games in group. |
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Most commentary and even technical analysis is bullshit. I'd rather have a glass dildo shatter in my arsehole than have to listen to anything Michael Owen has to say. He's one of the most dullest men on the planet.
Ha fair enough. I do enjoy that 'noise' though, specially if it's in a good part of the stadium. Owen really isn't pretty though, was always a choir boy and while Carragher's possibly my all-time favourite Red, I can't really bear listening to him. The banter on Sky sometimes though, I enjoy every now and then. Roy Keane's an idiot half the time and then brilliant another half (nothing to do with the football action of course). It's probably going to keep falling as well, especially if Celsius goes under which I think is very possible. If they manage to come out of this unscathed I've be very surprised. Lots of people are getting spooked by all these recent events and cashing out into fiat which is obviously having a massive knock on effect and is probably going to get a lot worse before it gets better. The fee will be between £25-£50 regardless though. I messaged jeremypwr about getting confirmation on the sponsorship and free bets so when I hear back I'll get the sign-up thread up and running.
Yeah. It's incredible to read how companies like 3AC are staring down total liquidation when they were as big as it gets. Just goes to show anyone can be successful in a bull market. The list of names of companies going bust is only going to lengthen. There's just this HK firm valued at $3B last month, and just finished raising 80 mill weeks ago, now going bust because BTC dropped 35%? I understand leverage but if they're facing all kinds of spiralling nonsense now makes me wonder just how much gambling these companies really do. Thanks for taking care of this (and to jeremypwr and Sportsbet, of course). Think we could tag on a request for Champions League? Qualification starts next week, if you can believe it (qualifying of course, pool group starts September but that's actually little less than 3 months away). |
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Knew the damned Osaka would lose, and missed out on a freebet by 1 corner (went for 9-10 and they only got  . The one 4-3-free I actually felt I knew what I would be doing and I screw it up. Multimaster, would be sweet to win even second prize, I've gone for "underdog" feel here and so put most of picks as underwhelming (as in, not getting picked so fast). Rest totally random, using names I feel are "more lucky". ===My picks:
Which player will be the 1st overall selection?
Any other player
Which Player will be the 5th Overall Selection?
Any other player
Who will be the 1st Player Drafted out of the following?
Johnny Davis
Draft Position of Walker Kessler
Over 24.5
How Many International Players will be Drafted in the Top 20?
Over 2
Draft Position of Jalen Duren
Any Other Position
How Many G-League Players will be Drafted In the Top 30?
Under 3
Number of players drafted in the 1st round from the University of Arizona
2
Draft Position of Jeremy Sochan
Over 11.5
Draft Position of Malaki Branham
Over 14.5
How many Duke players drafted in Top 10
2
Who will be the 1st Player Drafted by the Knicks?
Any Other Player
What Conference will Kennedy Chandler get Drafted into?
Eastern
Who Will be Drafted 1st out of the following?
Ousmane Dieng
Draft Position of TyTy Washington
Over 19.5 |
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^Hopes fading for Osaka, but I already stopped looking at her as an option for a while now, ever since the tears came. Feel bad, but yeah, better she just get back regulated before picking up a racquet again for competition.
^^ Kyrgios yeah. I don't know, I keep getting fooled by people, Tsitsi fooled me most recently, now I have no particular favourite darkhorse. Speaking of... just had a bit on enjoyment on ATP, thought Medvedev had a small scare, when he lost the advantage at 3 games each in first set... but after he got the tiebreaker, the outcome was a given.
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@CLS63 Did Montoya not win but finish those races though? LeClerc I think just really really really unlucky with the engine crap. That surely has to change, but I don't think in time for next race.
I realized that made a mistake about the statistics I shared recently. I'm sorry for that. The true version of it is that Leclerc are going to share the same record if he doesn't win this race after winning the pole position. Montoya wasn't able to complete most of his races that he started from the pole position. In fact we can say that he shares the same fate with Leclerc. Lauda, what a blast from the past -- 3 decades before someone even came close to that, now would be interesting also to dig up what happened to Lauda (if he actually even finished or maybe got to podium). Doesn't look like he'll get pole though, agree with swogerino -- already second in practice and then his grid penalty. Don't see him climbing up so far. Sainz might actually have a better chance at pole, but I'm locking in my pick for the Dutchman. |
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What he said is true. They have the assets to add more to their leveraged position if bitcoin dumps further, however, assuming that the asset is also bitcoin or stocks of Microstrategy would this really be the best decision as an investor? Everyone else is beginning to deleverage and Saylor will add more leverage? This is head shaking.
Well if he didn't margin call today, I'd say he'd be bullshitting though. But yeah, supposedly the balance sheet was mostly BTC already so he's going to be puffing heavy at his board to convince them to further shore up the bet with even more Bitcoin. It was a risky gamble already and while I'm firmly a Bitcoin hold kind of guy, I'm really not sure it's wise to chase with even more Bitcoin... We've had so many idiots associated with crypto; Mcafee, Musk, Garza, Da Kown, it's good to have a normal person, a business person, being associated with crypto right?
Not sure I'd classify Saylor as normal... but aren't all us forum folks a collective representative of regular people? I've been doing so many Bitcoin-related small businesses/organisations, all Bitcoin-run and salaried. Granted, mostly have failed (commercially haha) but I'm still a freelancer earning in Bitcoin, and still enjoy trying out and self-funding new projects, again exclusively with Bitcoin. |
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Yikes Ferrari man. I did say it'll be too soon to fix their engine issues for this race, but seems they found a way to make it even worse (and bad decision from LeClerc anyway).
Going to bite the bullet today and just strike Ferrari out from the podium actually. I know bad luck doesn't strike three times in the same place (it already did two though).
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Well, it's happening guys. Didn't think we'd need to wait til Monday, but didn't think it'd also happen so early on Saturday, way to ruin our weekends huh Bitcoin now below the 2017 ATH is official. First time in history it's ever happened. Ethereum now below $1000 -- well below 2017 ATH. We're going to get a lot of hurt, stay safe. What goes up must come down, we knew this was coming. Hold steadfast! What I wanna do now? Is close my Eyes , stop looking at market stats, will use My other Mobile so i will prevent my self from checking my wallet (about how much is the value in dollar lol) and talk to my wife if I can use some of Her savings to add in our crypto holding, I will just take the advantage of the situation than feeling sorry and hurting. though there are several thread i come across recently talking about Bitcoin falling down to 15k and below , i try preventing myself from believing lol. Ha! I've done the closing eyes bit a long time ago. I mean, can't help but notice price whatever I do, since everything I do related to work is really just tied to this market. Couldn't avoid knowing the price even if I tried. Just keep DCA as usual, and you'll be fine. 1 Bitcoin = 1 Bitcoin. And, unlike fiat, we know from history and from fundamentals that this is oversold, and when normalcy returns, we'll see healthier numbers. |
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@tokes $10 may not be a lot of money but right now it's > 1 mbtc haha. They must have lost the rights. They had it a year or two ago but I've been with the Spanish one for the last season. Commentary isn't a deal breaker for me. I usually just listen to music instead. You could probably just find a radio station that is covering it I suppose.
It appears so. Commentary never really used to be a dealbreaker for me either, I guess the particular local language I hear just sounds so foreign plus I do understand some of it and it seems to be poor quality anyway, they're really just mumbling through and using the same repeat phrases over and over. It goes something like this every 5 minutes: jongen, jongen, jongen, ay yay yay yay yay to mean practically anything like "boy, boy, boy, oh man what a miss, oh that was bad, oh bad pass" Radio + broadcast also works bad for me with roughly 5 seconds delay haha.
The pools have grown with every season so far so I'm hoping we can keep the tradition going. Hoping for at least 50 users this season.
It's been one of the real subforum successes to my eyes too. Active and an actual lot of pretty decent bastard expert commentary. Oh and I guess 3mbtc isn't a bad fee considering we're now sub-20k BTC (ouch). |
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How’s everybody holding up?
Just remember 1BTC = 1BTC. Only an idiot panic sells now, bear markets are opportunities to sow seeds that will grow into life changing profit trees. Now is the time to buy & do nothing. Buy as much as you can afford all the way down. This is what we do, this is how we become rich.
I don’t want to see any bitches panic selling.
Battered, bruised, but holding up. I might have mentioned I had to liquidate a significant portion late 2020 for some domestic emergency, around this exact price we are at right now, and felt that I missed out. So the good news (haha) is I'm kinda back where I started, a little bit less BTC now than I had then, so I guess I got a reboot, and possibly accumulating even more if it gets worse (and it does look like that). Seems the ATH support being broken is leading to more sell offs... so there are I'm sure guys like me, getting a "second chance". DCA all the way, brother. |
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Well, it's happening guys. Didn't think we'd need to wait til Monday, but didn't think it'd also happen so early on Saturday, way to ruin our weekends huh Bitcoin now below the 2017 ATH is official. First time in history it's ever happened. Ethereum now below $1000 -- well below 2017 ATH. We're going to get a lot of hurt, stay safe. What goes up must come down, we knew this was coming. Hold steadfast! |
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^Wait, so you're waiting for 8k BTC to go and buy 1? I do agree (and the rest of internet probably would want to agree to be seen as realistic) we've not seen the bottom yet but 8k is an extreme, that if happens, shouldn't be longer than a flash. Unless you've got a limit order waiting somewhere... but would be real shitty to get close to 8k on a bottom before the next rally in 2 years starts and you're left waiting as we enter the next 1/2 year uptrend.
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A) Colorado
B) Under
C) No
D) Tampa Bay
E) Tampa Bay
F) Tampa Bay
G) Colorado
H) 7' |
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