I’m going to say there’s more bear left, not much. Hopefully.. I feel like I want to see one more dip just below $4k. Oh yea, I do because I have some worthless fiat coming this week!! hahaha
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So I need both 120 activity and 100 merit to put my hat on? It’s not whichever comes first?
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TERA said something about "huge high volume drops":
The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster. I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired. Fine, sign here: Wow, that’s hilarious! That was around when I was on vacation, so surely I won’t need to sign lol
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Spell it out for me damnit
I don’t know. Just shorting right now is probable suicide. Rally to $6k? I have NFI. I’m staying out. lol I’lol take that
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Fuuuck. Look at that weekly volume on the volume oscillator at the bottom. Higher than the February crash. Capitulation volume? Next stop Pluto? Spell it out for me damnit I’m not the sharpest bulb ya know?
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I miss that kind of weekends, should watch the movie again and reminisce about the past.
Oh? I was commenting on the bounce. What movie is it from? lol Fear and Loathing in Las Vegas. It's a really good movie, especially for druggies (used to be one). Oh yea, I’ve seen that movie. A good one indeed! I’m on an iPhone, so it wasn’t very easy to see. Also doesn’t help that I haven’t seen it in a while. Had family dress up as them for Halloween a couple years ago
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the panic sellers about to buy back in... wait for it.... wait for it... “So bounce, bounce, come on bounce! I said come on, bounce Everybody in the house with a half an ounce (me!)Not weed, I meant coke, dumb-ass sit down” Did somebody call? Haha, yea D12 would like to see you backstage
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the panic sellers about to buy back in... wait for it.... wait for it... “So bounce, bounce, come on bounce! I said come on, bounce Everybody in the house with a half an ounce (me!)Not weed, I meant coke, dumb-ass sit down” Did somebody call? I miss that kind of weekends, should watch the movie again and reminisce about the past. Oh? I was commenting on the bounce. What movie is it from? lol
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the panic sellers about to buy back in... wait for it.... wait for it... “So bounce, bounce, come on bounce! I said come on, bounce Everybody in the house with a half an ounce (me!) Not weed, I meant coke, dumb-ass sit down”
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don't you people have jobs to go to?
No? Bitcoiners, we have money. Job? Ain’t nobody got time for that! No, but seriously, I may end up working at Best Buy until the next halving at this rate (I started to say McDonald’s, but let’s be real, I have a degree in computer science )
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RSI hitting 30 is quite bullish actually.
I always thought there was more of a selloff to come since we've never plumbed the oversold zone on the 1-week chart since way back in 2015. Getting that out of the way might make it safer for traders to contemplate a trend reversal since in bitcoin it tends to only visit that region rarely and once (or max twice) per cycle.
Did it happen while I was asleep? The blood on the streets?
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Why are people established enough to remember all the nothing posters from 2014-15 bothering to engage them this time around? Insta ignore for all.
Good question, I’ve been making good use of the ignore feature
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Hey Hairy, This fits, I think we will find a bottom soon. The problem I have with this is there has been no bounces in months, just flat and falling, that can't be good BTC prices 2018 theme?
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Never saw the attraction of mining. Always appeared like a race to the bottom where you were pitting yourself against giants. I guess that it had worked so well for hodlers in the past was the motivation to not outright buy?
when i started mining in 2011 it was easier to acquire btc by gpu mining than buying. as im a hardware guy who likes to tinker, i never really stopped except for a year or two around 2013-14. that was when asics really took hold. asics were pretty much a suckers game except for 1st batch folks (assuming they werent outright scammed). then around when eth mining with gpus became profitable i got back in. trading eth for btc of course. something about that soothing white noise from the fans and the tweaking that just gets me. and now i have squirrel acorn fpga gpu accelerators to (hopefully?) breath new life into my aging gpu rigs. plus an bcu1525 fpga on order that may or may not come anywhere near making roi, but will at least be fun to play with. for me, mining as a hobby is a lot safer than some of my other much more expensive hobbies. and some of those hobbies tend to cause death or other undesirable results when you screw up. so there is that advantage. Like he said, at the time mining was cheaper than buying, plus I have a degree in computers and love to tinker and build. Funniest thing about my mining career is that I actually used a window unit air conditioner to cool my GPU rig so I could overclock the piss out of it for a little more of that sweet sweet btc lol
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hey THX man, i just believe in it(BTC) and have my personal perspective around BTC, and that says i MUST HODL and must try to LIVE with it where its possible @the time.... so when i can transact with BTC i do, i think its as important as many of the other things....
Hodling is different concept, but in current scenario is it better to wait for more dip before buying. I'm always more bullish about bitcoin, but I actually hope it stays sideways-ish until December 1st, that's when I can get more filthy fiat to dump If, the price goes lower like some say it could, 3k and such, I'd get more fiat to BTFD for sure. I may not be the smartest person here, but I know that's dirt cheap coin these days
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I got a sad story for you. My wife was constantly bitching back when I was mining because I turned my garage into a mining room with noisy box fans and shit. She had to go in there to do laundry and always bitched every time she washed clothes.
She needed a new vacuum. I thought I would do something to make her appreciate the bitcoin mining so I went to spendbitcoins and bought an amazon card. I sat her down at my computer with me, had her watch as I traded the bitcoins for the amazon card. Let her go to amazon and choose the vacuum she wanted. We spent 7 btc for it.
One of her favorite jokes now is to tell people about the $140,000 eureka vacuum we used to own. FML
if we always think like that? my friend and his brother lived every day of there BTC's every time they ordered food or whatever payed with BTC directly...., they also always joke about the very expensive durums,pizza's etc but i guess we all have some VERY expensive shit cause of BTC The sad part is, I tried to give her something to keep her from bitching about bitcoin only to give her something new to bitch about. Oh yea, we have some stuff that if we calculate how much that btc would be worth now it's funny. For me, some computer parts and Christmas gifts just off the top of my head. I can also look at it another way too though. Like my car for example, I did the math and it was only $213 of my original investment. That's how I was able to convince myself to pull the trigger I got a sad story for you.
There used to be this company, Butterfly Labs, they were going to come out with the first ASIC miner and make GPUs obsolete...
I gave them my money for a couple of foot warmers. The day I got them, I had to unplug the Christmas tree lights because a breaker popped when they started up and then the same night one of the PSU's cooked itself while I was at work which woke my wife up with that terrible ozonated burning plastic smell. The next morning I set them up on the kitchen counter where we had a 20A service using an old computer PSU and the paper-clip trick so I could free up the circuit for the Christmas lights. By this time, she was a little upset with my new hobby but she tolerated it because she loves me I only got one, I was working out of state when it arrived. My lady got it set up, configured and on the pool within 4 hours after it hit the doorstep. We made the USD back finally...the BTC, not so much... Mine doesn't know how to use/move/find our Bitcoins so she has to stick around and keep me healthy. edit: now she's hitting me and wont stop til I take her shopping. See you! I was robbed for some Jalapenos and some of the medium sized ones.. My order came like 9 months late, so I knew not to trust them by the time monarchs came out, which was before I even got my order. I have a shelf full of Monarchs that I pre-ordered. In an alternate universe where BFL didn't exist I have a 747 with my name on it.
Sorry to hear it, but yea, if Butterfly Labs did what they said they'd do, we'd all be better off. I might own a seastead already lol When I placed my order, not only did they say that I could get a refund at any point before my order status changed to processing, and then keep my money, but I even had one of the jerks on the phone telling me a specific date mine should arrive, before I sent them the money. Suddenly when I request my refund (before status changed to processing) they changed the policy to no refunds and denied ever saying that. Took 9 or 10 months to get the order. They make me sick.. My GPU rigs I built before I heard about Butterfly labs made more profits. I would have probably 10x more BTC if they would have refunded me when I asked, and 100x or 1000x more if they'd shipped when they said they would.
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