The future. Cunningly disguised as A thought experiment I'd be running around trying to find out why the crash happened. Did the tptb suicide a buncha 'core devs'? Did it get banned by the G20/Gxx? Did the miners really steal the segwits? The sort of news that affects price in dollars, but doesn't touch Bitcoin itself? Or is it something actually serious? Not gonna elucidate on those possibilities. If it wasn't serious, I'd fill my bags and answer newbie bleatings here and elsewhere.   I am sure it will all be fine. I enjoyed peoples answers though - thanks guys |
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Bored  |
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I want to break free
from this range
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You are up tight sometimes JJ
Well, I understand the question making people feel uncomfortable, but I never said it was realistic , I have stated quite clearly how I see things most likely playing out..
The question in short form would perhaps be more palatable i.e “BTC capitulates more than you think possible- what do you do?” Which I think is an entirely reasonable and realistic question to ask.. more so one I expect everyone that participates in this thread would have thought of.
Then that way people could have filled in their own price levels , but I was just adding colour to the scene because amusing
Also I picked the price levels purposely for shock factor for sure ... that was part of the question , capitulation that you are alright with is not capitulation, and is not what I was asking about ? I was specifically asking about what if it does the unexpected... surely that’s not taboo? We are all old enough in this game for sure! Also I did clearly label as ay thought experiment , in my defence.
Tbh this thread is a perfect place to ask the question
Personally I am bullish long term, but bearish on shorter time frame - I see potential for a rally and then a rout as explained in earlier serious posts, if I am honest I have spent a little time since wondering about the scenario myself...
From a risk reward point of view in all honesty there is only 100% to the downside and there is in my view a easily achievable 1000% to the upside long term.
No brainier.
Coincidentally, it is partly because people are so certain it can’t do the unexpected, and seem to think they have a handle on the bottom that I asked the question , like I said if everyone is happy then it’s hardly capitulation, and besides I just wanted to see what my OG WO buddies would say in response to the horror scenario.
You guys musta figured I am a pretty dark humoured individual by now 😀
Didn’t mean to ruffle any feathers thou’
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would be damn tough ..to get any $$$ or crypto swap for other coming up coins..in the future..retired.. these whole crypto altcoins and BTC was
supposed to carry me for the next 2.5years, left till my retirement without touching my BTC hoard and/or my traditional investments and social security
till I was a full 66 years.
the needs must, when the devil drives. (a 16th century saying)
whatever...the die is cast as they say....this is my GOT (go to hell) plan for good or nill
brad
Sounds like you have your head straight and a decent plan |
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A thought experiment
Jeez, how many crazy things are happening in this scenario? Is Kool-Aid man going to bust through the walls too? I'd probably say eff this and go to sleep. Heh heh , it would have been no fun if it was a pedestrian thought experiment |
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It drops to $350 and becomes stable for a day........... What are you guys doing at this point and up to this point? what is your next move? are you rekt? are you happy, are you trading hand over fist? are you drinking? are you jumping out of a window?
The cost basis for the rest of my stash is zero. I'm riding this bitch into the dirt, if that's where she decides to face-plant me. Will be looking to increase my holdings if prices dip below $1,000 USD. yep...same...at least with 53% of my stash I made on the original KNC Jupiter BTC miner. dumped 13% the other 24% is on hodl. I have enough for my next 2 years of retirement AND ride the 53% HOLD left into the dirt as well at least with all this I now have 'complete clarity' on WTF I'm doing...kinda odd after 5 years in BTC and crypto.   What if one of the ego coins somehow in this alternate world become numero one and their head shitlord was spouting off on youtube/television etc |
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It drops to $350 and becomes stable for a day........... What are you guys doing at this point and up to this point? what is your next move? are you rekt? are you happy, are you trading hand over fist? are you drinking? are you jumping out of a window?
The cost basis for the rest of my stash is zero. I'm riding this bitch into the dirt, if that's where she decides to face-plant me. Will be looking to increase my holdings if prices dip below $1,000 USD. ....and if one of the ego coins takes over? ps good answer |
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A thought experiment
........ It rallies to $5350
Then it drops , and smashes through all support to $1150
Then the unthinkable happens... and it drops again
to $530.....
...
This kind of thinking can get you on Ignore !!! Sorry I only read as far as I quoted.  Spoilsport  |
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Sorry I know its sordid and dark.... but I am curious to your answers especially if they are amusing I refill my short in the high 4K and worry a bit when it hits $5k. Then hit a lot of physical limit orders on the way down and then scramble to the bank when it drops under my last limit order in the $500s. Like it |
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Oops. Amusing. Ehm, sorry, I hadn't read that final word until, uh, the end.
It made me chuckle tbh, yeah the flabbergasted feeling would be huge... be hilarious I reckon This thread would be hilarious I am sure |
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A thought experiment
You better stop taking drugs, because your brain is becoming scrambled with really improbable scenarios. I was huh errrm askin' for a friend? JJ , you cannot be pointing the finger in the scrambled brain department, you are hardly the most succinct of fellows and you have scrambled my brain a few times, without drugs Besides old chap you are completely missing the point..... it is a thought experimentAlso TBH I was hoping for some amusing answers... come on JJ play along |
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A thought experiment ........ It rallies to $5350 Then it drops , and smashes through all support to $1150 Then the unthinkable happens... and it drops again to $530..... Markets are haywire, trading platforms freezing up, going off line, metric sites are spewing out jibberish On Finex it flashcrashes to $75 Coinbase flashcrashes to $50 and goes offline The price rises to $750 and stabilises for 6 hours It drops to $350 and becomes stable for a day........... What are you guys doing at this point and up to this point? what is your next move? are you rekt? are you happy, are you trading hand over fist? are you drinking? are you jumping out of a window?(Bonus question- Bitcoin SV OR Bcash or Ripple or Doge or ETH or some other shitcoin is simultaneously going parabolic and either Craig or Rog or Vitalik are on youtube shit talking about how they are now number one, what are you doing? did you FOMO SV or Bcash, Doge or ETH or rando shitcoin? or no because rekt, rage quit, drunk etc) Sorry I know its sordid and dark.... but I am curious to your answers especially if they are amusing I don't ever buy SV I guess I buy ether and hold btc and hope it takes back over. Continue to trade shitcoins, mine fresh shitcoins and stake shitcoins and trade profits to I guess if Bitcoin is essentially dead and Ethereum is number two to SV then Ethereum. what if its not ETH though, say its Doge or Bcash? |
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A thought experiment ........ It rallies to $5350 Then it drops , and smashes through all support to $1150 Then the unthinkable happens... and it drops again to $530..... Markets are haywire, trading platforms freezing up, going off line, metric sites are spewing out jibberish On Finex it flashcrashes to $75 Coinbase flashcrashes to $50 and goes offline The price rises to $750 and stabilises for 6 hours It drops to $350 and becomes stable for a day........... What are you guys doing at this point and up to this point? what is your next move? are you rekt? are you happy, are you trading hand over fist? are you drinking? are you jumping out of a window?(Bonus question- Bitcoin SV OR Bcash or Ripple or Doge or ETH or some other shitcoin is simultaneously going parabolic and either Craig or Rog or Vitalik are on youtube shit talking about how they are now number one, what are you doing? did you FOMO SV or Bcash, Doge or ETH or rando shitcoin? or no because rekt, rage quit, drunk etc) (EDIT for arguments sake lets say that the coin that has gone parabolic has already hit $5000)Sorry I know its sordid and dark.... but I am curious to your answers especially if they are amusing |
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50, 100 and 200 week MA  Yes I was curious to see if and how we would have a bounce near/on the 200 weekly MA , having tested the zone I think its probable we test it again at some point.. Also note that curving 50 week MA coming down to meet the 100 setting us up for a death cross over the 200 - which has occurred already on the 3 day Popcorn gif |
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KFC starting to accept bitcoin across Venezuela ! See #KFC hashtag. Cool now they can pay for their dog nuggets and dog bucket with Bitcoin. Thanks Socialism please don't @ me |
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Feigns surprise
(look at the chart)
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Seasoned. Substitute steaming liquid beverage for vapor clouds and cold beers, however. In this moment, I am the honey-badger. But it is your first bear market, ain't it? I mean, didn't you start in 2014/15? My start was when BTC was back @350-ish and started its BULLrun Hey 'Goose..I watched that Korean film you recommended last night "I Saw The Devil" and it was very entertaining - thanks for the tip |
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