Quick update on my bank situation. They booted me.
No real reason given. They demanded insight into my bitcoin transactions, I told them they get nothing bitcoin related, done.
This happened a mere few days before I'm going on a global tour, starting with asia, then eastern europe and finally south america. No big. I can buy plane tickets directly with btc, my only bills are my cellie which my family can handle from their accounts, there is the occasional btc atm around the world... it will be interesting to see how well it works to be bankless.
Presumably they will write you a cheque totalling your account balances so you can cash it when you get a new bank? Asking for future reference. For the moment I have simply moved my money to a family account. I don't intend to actually use that account for anything more than simply storing my money, but it is there as an extra emergency backup if needed. This is ideally a temporary measure. I have not looked for a new bank and do not intend to. Are you planning on going fully bitcoin (aka crypto-stealth-mode)? |
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I agree about day trading for a living. From what i see, a lot of people already successed by trading when they are really expert in it. Until now i am still learn how to analyze and make right decision in day trading. And then my plan is how to set my mental so i am not panic and then can complete what i need to do daily trading. Because it will be better if we learn by doing in trading activity.
Tip: it’s not about winning or losing. It’s about winning more than losing  Statistics bitch!  |
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Breakout... |
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Quick update on my bank situation. They booted me.
No real reason given. They demanded insight into my bitcoin transactions, I told them they get nothing bitcoin related, done.
This happened a mere few days before I'm going on a global tour, starting with asia, then eastern europe and finally south america. No big. I can buy plane tickets directly with btc, my only bills are my cellie which my family can handle from their accounts, there is the occasional btc atm around the world... it will be interesting to see how well it works to be bankless.
Keep us informed, you are a pioneer  P.S. green dildo spotted |
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Probably not my most popular post. Monday morning tinfoil truth seeking. What is the probability that the US government’s big national secret is zero-point energy extraction? If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security? Surely the implications of such a technology are too vast to conceive. I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete. I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  Well, at least they seem to get political decision out of vacuum (inside trumps head)... Irony off: Zero point zero. So you're saying 0.0 chance we have any better understanding of energy beyond E=MC2 ? Or more simply, popular public understanding. There is a better understanding. And E=mc^2 is only a partial of Einstein equation. The better understanding lies in quantum mechanics. And yes zero-point energy is kind of an aether that could possibly be harvested for energy. However the EM-drive that attempted to harness it failed to do so. And the other point I would like to make is that keeping that kind of shit secret for 50-80years is impossible. If we get to know where Bill Clinton put his dick. Then knowing where the UFO'S are should be less of a leak.... |
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Seems fake breakout... Soon next up leg  My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered. You are right. Could be whales selling, then when stop losses are triggered buy everything back including the cheap stoploss coins. Yeah, and if that is the case we might be going back up without a break into the 9s Choo Choo? |
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Hahaha!!! No merit left to give  Same here - cannot stop giggling  Same here . BSV being the biggest shitcoin of them all lol BSC stands for "Biggest Shitcoin Version" |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered. You are right. Could be whales selling, then when stop losses are triggered buy everything back including the cheap stoploss coins. |
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If you look at the jumps Bitcoin makes percentage wise then 500%-2000% is realistic for the next jump.
So that's $80k to $360k.... If we have a bad jump we will have $80k...
Also the halving basically guaranteed $38k....
$25k is unrealistically low and is highly unlikely. To me your math don't add up.
That's my opinion as well, but it all depends what theory of markets you cater to. Not everyone expects past performance to guarantee future results. In Elliott Wave theory, Wave 3 is usually the strongest, and Wave 5 tends towards certain fib extension levels. That's why xxxx123abcxxxx is only expecting $30K or so, or really anything beyond the 2017 high. He's been spot on with his last few calls, so maybe there's something to it. I can follow the reasoning in this too. But $20k is just too low... Without Altcoins, Bitcoin loses its liquidity. The Altcoin market separately must have a capitalization of at least 200 billion dollars. Then Bitcoin will be more than 20 000 dollars. Without alt coins all money would flow into bitcoin IMHO. I do not see how alt coins affect bitcoin? Most altcoins follow bitcoin not the other way around. |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. |
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Yeah, 100% happy. Of course, anyone could be happier, for me I don't make it a secret that I consider myself belated to the game and always cheer for low prices since I earn in btc. 3k price? That was a dream that didn't last but already anything I earned then is 3x as valuable today.
Probably best case scenario is to dip again to 8k. Ending a year at 10k after earning a month or two in that dip would ve a nice Christmas.
Best case scenario is $1M by 2021 but that's me .... |
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Who poked the corn with a stick?!
Wasn't me but that's a big red dildo indeed Not really. Only looks big because we have been in such a tight range for the last week. True ... maybe I jest want it to go $200k too much |
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Who poked the corn with a stick?!
Wasn't me but that's a big red dildo indeed |
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$3k is a wet dream, your chances of waking up with two hot chicks in your bed is higher.
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It constantly blows my mind the amount of no mark know nothings who declare they're about to embark on a successful trading career. Even more incredibly many of them seem to believe gambling is a reliable sideline just in case they get bored of losing all their money trading.
Err, fuck 'em.
The more they put in to the system the higher we go!!! Fuck 'em indeed |
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Hahaha!!! No merit left to give I got you! Thnx Bro! |
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Hahaha!!! No merit left to give |
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Newbies see monitor setups like this and think that's all it takes, then they get chewed up and spit out:  That’s the problem..... greed is why they want to do day trading..... trading on weekly charts is better for most...
So by "day traders" they mean intraday, like trading the minute charts? On the stock market, no less? I say, leave that to the HFT algorithms, market makers, etc. I'm a swing trader through and through. Although there's one circumstance where I like to trade intraday. When BTC is in a bubble, you can rebuy longs when the 1-min chart is oversold, all day long. Every once in a while you'll get washed out in a flash crash but it's easy money. Can't wait for the next season. IMO day trading is if you open and close positions within a day, so yes mostly intraday. However you are correct that day trading can also mean that you are busy with trading on a daily basis. So let's not debate this, both could be right .... Anyway what I meant is that for most, the lower timeframes are non-profitable unless you have strict methods and an exchange with low transaction fees... |
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Since we are all feeling consolidated and a bit bored .... Here is an interesting set of graphs posted on WTF Happened In 1971? (after we went off the Gold standard) https://wtfhappenedin1971.com/This happened.... and I know this even though I am not a US citizen... The gold standard ended on August 15, 1971. That's when Nixon changed the dollar/gold relationship to $38 per ounce. He no longer allowed the Fed to redeem dollars with gold. |
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just because some research says a big percentage of those who are doing day trading are losing money it doesn't mean it is like that if you start doing it! basically if anybody starts trading in any form correctly without greed and being over emotional, the results will be positive for them. the problem is that most people doing day-trading are not "trading" they are instead "gambling" and the result for gamblers is never good no matter what they do. that is something these studies never look into.
That’s the problem..... greed is why they want to do day trading..... trading on weekly charts is better for most... |
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