We know Loaded had 40k BTC in early 2017.  Let’s assume he still has them.

For Loaded to have the same wealth as Warren Buffet, puts Bitcoin at $2 million each.  

Are there bigger whales than Loaded?  I dunno.  You guys probably know. 

Berkshire Hathaway is a shitcoin. 

Where does your Metcalfe's law chart put Bitcoin in 2036 after 4 halvenings + 2 years to shake out?

I was buying at $750 in January 2014 and here we are in 2018.  

Did I think we would reach $7,500 by now?  Not really.  Does anyone really understand the consequences of a deflationary monetary supply?  I think Paul Krugman does, and it gives him the cold sweats at 3am.

Money or time.

Hold $250 through 4 halvenings and see how you go with that.  

Assuming a 10x per halvening, that’s $2.5 million

This is the trick, isn’t it?   Is what you are prepared to lose enough?

Rumours NASDAQ to commence Bitcoin trading in October 2018


https://medium.com/@VidrihMarko/nasdaq-may-launch-bitcoin-trading-in-october-2018-2e5b225c8ea

Cryptowinter be dammed. 

Anyone know how to compare 2014 to 2018 in Tradingview? 

We are up 40% over 4 weeks.  That’s not really slow and steady by any normal metric.

On the weekly this is the longest sustained run of green candles since the December bull

We are back to $9400.  Won’t somebody think of the charts?

On the daily, it’s starting to look like building towards another upwards snap.  All we need now is a narrowing wedge and for volume to drop to nothing for a day.

And that folks is the reason why you should put your limit orders on BFX and your stops on Bitstamp

One minute chart indicates a dump to $8750 followed by a market buy to $9500 on BFX.  

Surely you can’t have a fat finger in two directions.

Where did that little candle come from?

Holy stop hunter

Eh you can go a bit easier JJG his comment wasn’t unreasonable. 

I don’t think this is going to be a quiet year like 2014. There’s just too much going on underneath the surface. Binance signed an MOU with the government of  Bermuda in the last 24 hours. And that’s just one example.

Bitstamp is an entry point not an exit point for me so have not had to deal with that!

One of the banks that I have used wasn’t sure whether Slovenia was an actual country.  It wasn’t on their system so they had to use paper forms for wires...   I stopped using them after it took an hour in person at the branch to send a wire.

I got the same message. If it helps protect their fiat onramp, I’m ok with it.  Investment suggests long term holding rather than trading so it’s not disadvantageous from a tax perspective.  It’s actually a really good idea.