I believe that this man has lost all credibility by corrupting himself and selling his opinion to the highest bidder. I think if he is trying to encourage the naive to believe that bitcoin can reach that price in the medium term, it is because he has to have thousands of treasured bitcoins thanks to the dirty businesses that have recently been known, and he has to be very worried to see that the price of bitcoin is collapsing, and his personal wealth too.
lol, dude. much simpler explanation. The experience of watching bitcoin go from $32 to $2, $260 to $60, $1200 to $100. It teaches you a few things.
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He's gonna be fine. Would not be worried at all.
Is this the legendary beartroll from the single-digits, double-digits, and early triple-digits days? Or was the account sold? Didn't sell it. It's the same me behind the account. Y u so famous? What did I miss? China. It banned bitcoin. Reliable sources confirm it.
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I think you are on the money, though I think the lowball figure is just too low, $3-4k but we are talking months of grind to get there.
n00bs gon' find out all about what it means to HODL.
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I can respect that. Not really about the money for me, I just call what I see - this is speculation subforum! Whatever the reasons may be, looks like we have a long road ahead. Could be a long drawn out bear again. Don’t get me wrong I’m HODLing. Just heavy BCH ironically that is down more in % terms so who’s laughing now! For me BCH is a scam - but that is just my opinion. I think Roger Ver and that Bitmain clown (I can never remeber his name?) are in it together. So like I said, I would be happy to take a bet against BCH and say that the BTC price will be higher than the BCH end of the year (2018). Time will tell Not interested in that bet at all, too much of a gamble. It might take 6 months, it might take 6 years. I'm in this for long haul. When it flips I already "won the bet" so to speak. BTC below 10k this year was very low risk for me, because its written all over the charts. BCH > BTC is too unpredictable. I think it might happen if the bottom drops out of the market... this still only seems like the start of down trend to me, but who knows. If that happens then BCH would probably recover better in the long term as it has better usability than BTC. That all depends on what happens with LN though. Then there is whether or not the price drop will affect the DARI such that more miners move over to BCH... way too many variables for a short term prediction.
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I can respect that. Not really about the money for me, I just call what I see - this is speculation subforum! Whatever the reasons may be, looks like we have a long road ahead. Could be a long drawn out bear again. Don’t get me wrong I’m HODLing. Just heavy BCH ironically that is down more in % terms so who’s laughing now!
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Dear BTC-Graphicdesigns, I hope you are tethering the storm. It has been some time now since I heard from you, and I hope that you and your family are doing well. These are treacherous times, and ever I feel the advance of the red army. Fearful for my life, I remain in the bunker. Let us pray for better times. I have heard news from the front that supplies have arrived from the tetheral reserve, it fills me with joy to think that our green comrades might once again march upon this battlefield. I only hope that, godspeed, it is enough. Yours truly Matilda (sgbett)
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Paging BTC-Graphicdesigns... you were so confident before.... where you at? Surely you are convinced the resistance at 13k can never be breached
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Correct. Not to mention there is only one of us that intends to pay up in the very unlikely event they lose
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You wrote :
Your max downside is $1000
So you meant $10000 RIGHT?
When exactly end of the year -> set a date.
And we will be using Bitstamp right -> send a link.
Yes, because thats what "max downside" means. Its the maximum possible loss for you if you were to bet 0.1BTC because if the price goes to $10k and you have to pay me 0.1BTC that means you are $1000 worth of BTC out of pocket. End of year means the end of the year. Thats when the clock strikes midnight Dec 31st 2018 (UTC). If at that point it never went below $10k on bitstamp. I pay you $1000 in BTC. Within 7 days. If at any point prior to that it goes below $10,000 on bitstamp you send me $1000 in BCH. Within 7 days. https://www.bitstamp.net (you had to ask for a link to bitstamp!?) I fully realise that this is an entirely one way bet, because in the event you win I will pay, whereas when you lose I expect you to renege. You are an anonymous account, you haven't really got any reputation to consider. I am a bitcoin OG, a real person, with integrity and so if I lose I am compelled to go through with my promise. Even knowing that to be likely, I'm still making the bet because that's how confident I am that I won't lose.
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I’ve played this game before Your max downside is $1000 My max downside is infinite. I *never* short anything. (Except fiat!) How about, end of 2018 as a fair approximation of “ever again” If I win I want $1k in BCH You win I’ll send $1k in BTC Bitstamp. So you say it will be under $1000 by end of December? Where do I say that? The bet amount is £1k the price is $10k and the deadline is the end of the year. If it goes under you lose if it gets to end of year without going below you win.
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I’ve played this game before Your max downside is $1000 My max downside is infinite. I *never* short anything. (Except fiat!) How about, end of 2018 as a fair approximation of “ever again” If I win I want $1k in BCH You win I’ll send $1k in BTC Bitstamp.
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Instead of your top, I'm calling a BOTTOM @ $16,500.
Think fast buddy, if it breaches $11,2 no more support til around $9,9... So much easier to make a decision when you have time to think about it. Yeah my previous bottom call was shit. Or not really shit if we hadn't had a black swan EOY sell off. But I didn't buy that bottom anyway. I DID buy the $11,500 dip. Prepared again to buy @ $9900 if we go lower. And you sgbett? No chance! 2 reasons: 1. I always, in the past, bought back in too early on corrections. If I was gonna buy back in, I'd probably wait until I felt like the bottom was in for real (still thinking $3,7 but that is probably months if not years away). I'm no trader, trying to time local tops and bottoms for me is a mugs game. 2. I don't think BTC has the fundamentals to warrant a recovery this time. BCH is now Bitcoin for me, that is the one that will recover. In 6 years I have remained incredibly consistent. I have never wavered in what I believe Bitcoin is (the concept, not the 'product'). I have always believed in global, digital p2p cash with massive worldwide adoption. Nothing has changed for me, except the name of the project following that vision. How about taking on a bet instead of spreading FUD fool? When do you think BTC will fall below $10000? I say never ever again? Lets take a bet and you can put your Money where your mouth is! I've had poor experiences with this in the past. I'm still owed 1BTC from here https://bitcointalk.org/index.php?topic=923481.msg10136405#msg10136405You think I'll ever see that? heh, I doubt it too! So exactly what kind of bet do you want to welch on?
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pfft..that was so last year.
price above 16,5k ? yah *grumbles* I dont know what I hate more...that your right or I am wrong. On that note..my feeble attempt at analysis does suggest a weakening over the next 24 hours....but..I am still expecting this coming friday to be entertaining. My $60ish coins still feel bullish my friend. Indeed, a local top doesn't automatically mean its going to zero I'm pretty sure all OG's will *never* lose.
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pfft..that was so last year.
price above 16,5k ? yah
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And still, here we are... no getting over it.... Bitfinex keep pumping out Tether, sell pressure keeps bringing it back down...
~$16.5 was your top, give or take.
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Instead of your top, I'm calling a BOTTOM @ $16,500.
Think fast buddy, if it breaches $11,2 no more support til around $9,9... So much easier to make a decision when you have time to think about it. Yeah my previous bottom call was shit. Or not really shit if we hadn't had a black swan EOY sell off. But I didn't buy that bottom anyway. I DID buy the $11,500 dip. Prepared again to buy @ $9900 if we go lower. And you sgbett? I see most of the users here are Legendary members so I really think your thougts are important and valuable for relatively less experienced users like me for instance. So I wonder do you think the long term (1,2,3 years) situation for bitcoin broken? Or do you think it will maintain its upwards trend in the following years as well? Meh, everyone is "legendary" these-days. The rating system doesn't scale Go back and read posts from when satoshi was around, and the discussion going on then. Read old posts from speculation subforum. The history this forum contains is incredible. I was a Bitcoin permabull for years, nothing shook that. Now I think its broken, and that makes me sad.
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Instead of your top, I'm calling a BOTTOM @ $16,500.
Think fast buddy, if it breaches $11,2 no more support til around $9,9... So much easier to make a decision when you have time to think about it. Yeah my previous bottom call was shit. Or not really shit if we hadn't had a black swan EOY sell off. But I didn't buy that bottom anyway. I DID buy the $11,500 dip. Prepared again to buy @ $9900 if we go lower. And you sgbett? No chance! 2 reasons: 1. I always, in the past, bought back in too early on corrections. If I was gonna buy back in, I'd probably wait until I felt like the bottom was in for real (still thinking $3,7 but that is probably months if not years away). I'm no trader, trying to time local tops and bottoms for me is a mugs game. 2. I don't think BTC has the fundamentals to warrant a recovery this time. BCH is now Bitcoin for me, that is the one that will recover. In 6 years I have remained incredibly consistent. I have never wavered in what I believe Bitcoin is (the concept, not the 'product'). I have always believed in global, digital p2p cash with massive worldwide adoption. Nothing has changed for me, except the name of the project following that vision.
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Instead of your top, I'm calling a BOTTOM @ $16,500.
Think fast buddy, if it breaches $11,2 no more support til around $9,9... So much easier to make a decision when you have time to think about it.
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