Guys
I’m warning you again. This weekend looks like it it going to be rough. If you are delicate or panicky, log out now and come back late next week. Leave some low buy orders.
Hairy
Vigilant Hairy, I appreciate the heads up. I'm short already.
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SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.
SHA-256 is used in several different parts of the Bitcoin network:
Mining uses SHA-256 as the Proof of work algorithm. SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.
How dare you contradict? Satoshi knows better for sure.
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Something is very, very wrong, in the sampling methodology... if there is any at all!
Yes, the sampling methodology is certainly suspect. However, the fact that the percentage that indicated they already hold cryptos is ~ same as those saying they plan on it is very interesting. I have the feeling most of those who already hold crypto are old school hodlers and still accumulating by BTFD-ing. This would explain the closeness of the two ratios. Newcomers, FOMOers etc. do exist, of course, but if the sampling is done in specific communities as it's likely given the results (Reddit? Bitcointalk?), their numbers are quite small.
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That was back when threads on this forum were relevant and we discussed things. Instead of being just tools to get peoples' signature campaigns post counts.
At least in this thread, signatures are suppressed - a blessing, I'd say. We do have to put up with uninformed dickheads and shills and FUDsters, but we have valid contrarian voices and a healthy discussion, if we manage to skip the shitposts without soiling ourselves.
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*collects tears when everyone are busy crying*
Yup, that's my preferred method of collecting tears and Bitcoin. Lovely way to do it. If you are collecting bitcoins now, then I'm afraid that you might be a little too quick on your feet. I came here today because I sensed a cloud of tears and I don't see any light to blissful happiness yet. Is this roach or a new fucktard in this thread? (Jacques) Hasn't mentioned precious metals or joos in the latest 4 posts. Can't be old Roach. Connard in French is a blockhead, bollockhead. By extension, Bittard is a dickhead. So my estimate is: New self-appointed dickhead (French name checks out).
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In the Socialist/Communist NWO coming soon TM, an effort will be made to eradicate all online shitposting. "Freebanding" will become illegal. Every social media and forum will have a "token" that you have to purchase first and spend for every post you make. "A penny for your thoughts?" Nah, it'll cost you more like $0.30/post + yrly inflation. Well but then "good posters" (whatever the term will have turned out to mean) will ask the site for compensation exceeding the posting fee by a good multiple. I'm thinking mainly of social networks that extract value from clueless cows, such as Facebook - not specialized discussion forums such as this.
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Jimbo and Jojo got together?
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I expect to see some tears in 2h
Not until Friday, I'd say. And some will be tears of joy.
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I don't think that government regulations will pose a real threat anytime soon. They know for years already, that bitcoin is mostly used for illegal activities like drugs and child porn,
(more rants and FUD snipped)
Hey Frère Jacques... isn't "bittard" kind of a French equivalent for "dickhead"? So your chosen name would be something like "Jack Dickhead", amirite? TLDR; Username checks out.
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too quiet
Seems like everyone lost their hopes to land on 20k. I predict another short bear run (Of course I'm talking about the WOTPC thing!)
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glade length getting back on track
Got a tentative timeframe or target level?
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Just checking in. Is it safe?
Mayor! Good to see your head out of the sand. Jimbo also got in just a minute to say hello. Regards to Rosewater. Need a shovel before you go or is that hole on the beach still good?
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That's actually what I hope will happen! Not necessarily my prediction - I'm not able to do that, and the mammoths are nowhere to be seen (or heard).
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I let others do the thinking. I allways have a peek at the funding book at Finex. It represents the sentiment of lots of people (hopefully professionals), actually putting their money on the line, voting with their feet.
And what does that book tell you right now?
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Short squeeze.
Please come back next weekend.
Yep. Sheer luck. I closed my long with serious profit. Now back to shorting, ready to let go still in the green if it really moons, but actually preparing to get rich (well, almost) in a < 6k scenario. Too early I think. Wait for next weekend. This G20 news could very well drive a relief rally. Yes, reasonable point, HairyMaclairy, thanks for the tip. I was a little uncertain myself, but my entry point is high enough to grant a little ginger boldness. If the week goes sideways-down as the past one, I can try and close it on profit a little at a time, without worries. Now I can set a tight stop loss and basically forget it. Back to life. Pheew... I wasn't born to be a trader, for sure.
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(img snipped for legibility)
See how similar does it look? It is all over GoX again. Bloodbath to $2k incoming. They won't let it shoot up again unless dumb people do panic sells below $5k.
I checked that page, but I don't get the point. It seems to have been written in 2017 and updated. *Btw whoever made this TA is a fucking genius and a legend.
The statements and predictions are generic, and there are whole orders of magnitude between alternatives. Are you being serious or sarcastic? I don't know what you're looking at, but it looks to me like he absolutely fucking nailed it: (relevant "comment by img" snipped for legibility) Allright, that's too many knowledgeable voices defending this analysis, including fabiorem and possibly others not quoted here. I guess I must be wrong and just failed to see value in that post. Maybe I should read it again, with more attention.
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Short squeeze.
Please come back next weekend.
Yep. Sheer luck. I closed my long with serious profit. Now back to shorting, ready to let go still in the green if it really moons, but actually preparing to get rich (well, almost) in a < 6k scenario.
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Speaking of capitulation, I'm CONSIDERING starting to contemplate selling a batch - if I can - between $7.5-$8k before end of March just to get the tax monkey off my back. Sent an email to my accountant asking what the penalty is on $xM deferred from Q1 to Q2.
Seriously.
Sheeeit.
No proud to admit this.
Also, I've come to recognize everyone doing trade analysis of Bitcoin is full of shit. EVERYONE.
I'm thinking the same. We can all hope/say it will moon in the future but short to mid term trading is as unpredictable as anything. I don't see the point of drawing a line between tops and bottoms AT A CERTAIN POINT and then extrapolating onwards. Or a curve, for that matter. Even without shifting points, too many curves can fit a fixed set. An uncountable infinity, actually. I guess it's just a tool to help figure out the short term.
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Well...I will likely DIE with my BTC hoard intact...but if BTC hits $6k, I am annoucing here now I will panic sell like an 8 year old child...all my
non-hoard btc/ltc and probably a good chunk of my LISK ICO coins.....
What? A seasoned old timer, early adopter, pioneer miner like you? NO WAY!Try to do that, and we will ask Bob to show you how wrong you were. I hear he's got lots of time on his hands right now...
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