With all due respect, why are we supposed to repeat prior flat mo for mo?
So far, at a macro level, it matches almost exactly. Don’t ask me why, I just work here. Everyone expected a plunge in January because it would be the same as in 2015, but it happened in December instead, so not really almost exactly. I grant you that there is some similarity so far, but IMHO, this would go away soon. |
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Our glorious overlords apparently have not filled their bags enough yet so feel the need to push the price back downwards. I believe this trend will continue for a month or so until right before Consensus. Where miraculously bitcoin and shitcoin alike will again start to gravitate upwards towards new yearly highs.
All dramatics aside(or maybe this should read to fully embrace the drama), I think the basic problem is still the battle of forks between btc and bch and btcsv. Every time one trys to pump their coins there is an almost immediate dump to drive prices back down and vice versa.
Its really getting quite old dont you think? It is really quite striking to watch this technological wonder grow yet not have a shred of confidence in its price due to the actions of a few. Same as it ever was. #dyor
Nah. We are supposed to track sideways until October 2019. No manipulation required.  With all due respect, why are we supposed to repeat prior flat mo for mo? Every bull and bear in btc so far was different, albeit they "rhymed" in decline %. For example 2013 double pop (from $12 to $250, then sharp decline into $45, then $1160 peak) was not repeated in 2018-2019. It is reasonable to suggest that flat may last longer, but i see no "need" for it to last until October. |
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Warren Buffet (or someone like him or who would be his descendant at the BH) 1. it is rat poison. 2. it is ingenious, but bitcoin is not needed, it is an illusion. 3. Meh 4. It's OK, but I am not interested as it has no staying/market power (that's what he said about MSFT, AAPL, AMZN investment in early 2000s). 5. "Let me get in right now at $500K/btc, here is a check for $50bil." Sells at 750K because of "some other opportunity", crashes the price to 550K. |
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Slow accumulation of bitcoins followed by sudden dump is definitely price suppression technique. The more they use it to suppress price the sharper will be price rise! Don't fall in the psychological trap manipulators are crafting! Don't sell your bitcoins if price is below $50,000!
You won’t see me selling a single satoshi under $50,000. Patience is required here, if you can’t stand the heat, get the fuck out of the kitchen. Weak hands - not permitted! Why not send some fiat to exchange, then buy stuff with btc, then replace it by spending fiat. Sometimes it makes sense, buying miners, for example. Spending is OK, but spending and replacing is better. You could even be tactical about it. |
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paul smith shoe's brother
bro, can we stop with re-posting the glorious piss pics? One was enough, TMI, sorry. |
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He is only posting what supports his thesis, trying to fit a round peg into a square hole. Why he even considered a bitcoin proponent? He is not, apart from posting pie-in-the-sky prognosis about 100 years from now. bleh |
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Look at the order books. A single whale could debart this shit singlehandely. But I guess they are trying to figure out who was the asshole that dumped.... and if he will do it again.
probably mt gox bankruptcy trustee again, being an a-hole. |
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Had to make a call to set the record straight. Sorry for the wall.
Gave a merit, but I apparently an confused I thought you were MicGoosens girlfriend. Your father calling you so makes me thing I am mistaking users. Crypto-queen (the gf) vs Crypto-tourist (unknown affiliation, probably none). |
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nice while it lasted
fortune's arrows fall again
bitcoin would be fine
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At 88 it is probably a good time to retire from active portfolio management. Quite a number of flops lately. |
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Well, the problem would be when to sell if and when we get to somewhere between 100K and 1 mil.
it would suck to sell a bit at 100K if 1000k (a mil) is following closely.
In 2017 the price was both $800 and close to $20K, almost a 25-fold difference.
Therefore, it is entirely possible (although not likely) that both 100K and 1000K would happen in the same cycle.
Some mechanistic approach might be in order.
Seven figures, inflation notwithstanding, is surely decades away if it does happen. We can't just hype our way to a valuation greater than the world's major stock markets. That kind of money will require more pedestrian and sustained growth - a new era for price development. A phase transition from fiat to btc/crypto might happen and would be much faster than "decades". Many people are penciling in the next ATH in 2021 at $100-400K. The ATH after that could be projected to occur in 2025 at $1mil or thereabout. Granted, this would require a large scale abandonment of fiat in favor of bitcoin/crypto. Can it happen? Perhaps. |
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Dec 31st, 2020. Who would like this man to be right??  I hope he is wrong and it gets delayed to Jan 2nd and save me a ton of taxes. Meh, what’s 5 years in a lifetime. You will still find me here talking shit, annoying people  i'm already in LOVE with HM's 260K-ish prediction and the bottom being in etc Well, the problem would be when to sell if and when we get to somewhere between 100K and 1 mil. it would suck to sell a bit at 100K if 1000k (a mil) is following closely. In 2017 the price was both $800 and close to $20K, almost a 25-fold difference. Therefore, it is entirely possible (although not likely) that both 100K and 1000K would happen in the same cycle. Some mechanistic approach might be in order. |
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The Universe is female in nature Ibian. It gives birth to things.
Debatable, but OK. But, if you put is this way, then what is impregnating the Universe? |
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A small joke, don't get mad...
Knock-knock
Who is there?
A block
Block who?
...
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I agree with a point that a show called "penis monologues" would never exist because it would be considered cringe-worthy. "Vagina monologues" also sound silly (to me), albeit I usually pay no attention to this whatsoever (apart from this post). Just sayin  Well, at least there is no monologue ...aka it is a silent (or grunting) dick play. This I can understand  |
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I agree with a point that a show called "penis monologues" would never exist because it would be considered cringe-worthy. "Vagina monologues" also sound silly (to me), albeit I usually pay no attention to this whatsoever (apart from this post). @600watt @p_shep @marcus_of_augustus @etc (for WO regulars) Still no HAT request @XhomerX Thats insanity, big time easy, man, or you would be considered a "hat-cult" leader  . |
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Have Fun watching them
BTW, I had no idea your partner was so fucking based. I can respect the idea that you are averse to marriage, but don't lose this one, broheim. You have snagged yourself a very special woman. Treat her well. He can't eat meat ... yeah, a vegetarian gf pretty much makes you a vegetarian.. https://youtu.be/O_eVV7bbZtU?t=14that said, smart outspoken women are cool. |
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Samsung Galaxy S10 Unpacked: cryptocurrency wallet features finally unveiled
It looks like a hardware wallet indeed. with a tiny-weenie backdoor? |
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...for some folks to be suggesting that BTC hodler/accumulators have to engage in a certain kind of behavior such as mining or node running in order to either be full-fledged bitcoin citizen or a prudent bitcoin actor.
you can be a prudent bitcoin actor by holding btc. you cannot be a bitcoin citizen (which votes) without mining and/or node running. extending your analogy a bit, those who simply hodl could be compared to US green card holders: basically all (or almost all) rights, but NO voting rights. You are wrong. You can vote with your feet. If you don't like something you can dump all the coins. That's not voting, this is like having a fit of rage in a public place. It would have ZERO affect on bitcoin protocol. Ver did it, Bitmain did it-all for nothing. Their dumping did not affect btc at all, only made it stronger. |
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...for some folks to be suggesting that BTC hodler/accumulators have to engage in a certain kind of behavior such as mining or node running in order to either be full-fledged bitcoin citizen or a prudent bitcoin actor.
you can be a prudent bitcoin actor by holding btc. you cannot be a bitcoin citizen (which votes) without mining and/or node running. extending your analogy a bit, those who simply hodl could be compared to US green card holders: basically all (or almost all) rights, but NO voting rights. |
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