I appreciate it, but I'm the kind of fellow that likes to be way above-board with the IRS. Zero aspiration to tempt the fates in that regard. What makes you think that taking advantage of the specifically-congressionally-created special tax treatment for Puerto Rican residents is in any way 'below board'? Perhaps because he lives in Montana. |
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Fucking hell why all the fat fingers on Gdax. No one else gets that sort of fun.
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BTCUSD Longs still near ATH. Outnumber shorts 2:1
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Needless to say buy side pressure remains very strong. Strapped in and watching volume for tailing off.
Edit: this is too fast.
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Don’t know but I have moved to hedge my upside risk. Buy side volume is too great to ignore.
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Tradingview shows BTC USD LONGS at ATH. 34,000?
Either we are going up or these longs are going to get liquidated and we are going to be fucked up fam. Today will not be boring.
To be fair USD SHORTS are much lower at 15,000.
Normally this would be bullish. But things could get squishy if equity markets dump again.
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So to be clear if you bought X at $6k you would resell X at $8k? (Not exact prices I would buy inside the resistance points) Do you keep some small fraction of X as BTC profit?
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Fuck it.
I have set buy orders from $6400 to zero.
First one just got triggered. Let’s all go down together !
Ah ha!!!!!!!!! Hairy berry: you broke from your previously disclosed plan which was to go on some kind of hiatus and then to start buying somewhere in the vicinity of the supra $4,900 territory... $6400 is a long fucking ways from $4,900... It sounds like you talking the BIG HAITUS talk, but then when push comes to shove, you are following some kind of copy cat quasi-JJG incrementalism....... ah ha.... .ah ha... ah ha... Caught you with your pants down.  Apparently, BMB did NOT get your pants, because they are down around your ankles and I can see places where the sun usually does not shine.  Tera convinced me otherwise. I try not to be arrogant in my thinking and to trade defensively at all times. Maybe you had an influence too but I would not want to give you too big a head so let us pretend that this is not possible. O.k..... I will pretend that the Hairy berry is following the counsel of Tera bera, and I will also act as if I did not see you with your pants down either. We are all adults, here. Perhaps. I’m not wearing any pants right now so I think it is ok. On your JJG incrementalism, at what level do you sell it back? |
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Maybe a bulltrap? Like we moven down to €6k then €7.5k then again down...
yep, its gambling. I went back with 2/3 of money. another 1/3 when we cross $7k. it is more fun scoring additional btc than it is fucked to lose fiat. If we are going to have a crash, we may as well make it fun ! Where is the Rosewater fun fair. |
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Haha that was fun. Sold into that candle. I better be careful, I’m tempting fate.
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I have been waiting for a year to retest previous ATH of $1248. I had given up hope but maybe it is possible. I think that will be very hard to break and will spark a huge rally if we ever get that far.
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Fuck it.
I have set buy orders from $6400 to zero.
First one just got triggered. Let’s all go down together !
Ah ha!!!!!!!!! Hairy berry: you broke from your previously disclosed plan which was to go on some kind of hiatus and then to start buying somewhere in the vicinity of the supra $4,900 territory... $6400 is a long fucking ways from $4,900... It sounds like you talking the BIG HAITUS talk, but then when push comes to shove, you are following some kind of copy cat quasi-JJG incrementalism....... ah ha.... .ah ha... ah ha... Caught you with your pants down. Apparently, BMB did NOT get your pants, because they are down around your ankles and I can see places where the sun usually does not shine. Tera convinced me otherwise. I try not to be arrogant in my thinking and to trade defensively at all times. Maybe you had an influence too but I would not want to give you too big a head so let us pretend that this is not possible. |
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Raiblocks / Nano down 45% today. Oops.
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No they aren’t. But there is no such thing as negatively correlated financial assets. It’s a myth.
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Look at the volume. Look at it.
You cannot sum the sell volume and the buy volume. Of course the macro red candles are huge. You have to look at the micro green candles after the first bounce. They die away and then the price turns down again. By the way, I think this is a very healthy discussion that we are having. I have already modified my trading in light of your feedback to acknowledge the possibility of a large bounce. |
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Have we hit despair or is it yet to come?
I have not seen a single media report that Bitcoin is dead. |
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Here is the bounce off $6k. Will it go anywhere ? Everyone is holding their breath. Volume is too weak. Looks like not.
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Theres no way it could go to straight to 2.5K. That would be unprecedented magnitude and speed in the entire history of bitcoin. Look at the log chart and compare it to the history. We are already geared up for a 100%+ bounce
We have never had Wall Street professional shorts before either. Not saying it is going to happen but we must remain open to all possibilities. |
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I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?
You don't think we can fall to $3.5k? Not right now, but I think it could rally to 10K+ and then fall to 3.5K Or it could go straight down to $2.5k. It’s not shown much signs of bouncing since $8k and we have bad FUD on the way from equities markets in another 12 hours. Edit: or you could have gone to bed at $7300 and woken up to this. |
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