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1602
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: May 14, 2019, 08:56:46 PM
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England just finished the 3rd match of 5-match ODI series versus Pakistan in a nice style. They completed the target of over 350 runs with the loss of just 4 wickets. However, the English conditions seem to be awfully in favor of batsmen, not the bowlers. I think that even the target of 400 runs would've been achievable for England on this wicket.
Anyways, Pakistan really needs to get back Mohammad Amir in the team. Without him, the bowling strength isn't looking good at all.
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1607
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 12, 2019, 10:34:28 PM
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This dump was expected. Let's see if it extends further or not. Win-win situation, I love it! I tried to do the same with a little part of my holdings (about 5%) yesterday, which is totally stuck in Binance for now. Sold at $7400 and thought the same thing, "if bitcoin goes down, I'll buy back from this USDC bag, if it doesn't go down, I still win with my remaining holdings". But then I bought back the BTC (FOMO'ed at the dump) at $6800 as I liked the little 0.03 BTC profit off that Binance bag.
Based on what you've just posted, your holdings must be around 6.8 BTC. Not a small amount, well done! Keep HoDLing! [...I just love playing with numbers...]Oh wow! That number is extremely close to my overall portfolio worth. We've got some nice mathematicians in this thread, I wasn't aware of that!  Honestly, ADA played a big role in getting me to that number; if ADA hadn't pumped as it did, I'd have been struggling at ~3.75 BTC instead of ~6.5 BTC. I literally sold the exact top of ADA/BTC last month, after it went 2x. Now it's back to the spot from where it pumped; however, I'm no longer interested in getting a crazy bag of it anymore as IOHK failed yet again to release the Shelley testnet on time. Without Shelley (PoS) on mainnet, I'm quite sure that Coinbase won't be listing them either. |
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1608
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 12, 2019, 08:48:23 PM
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I will look forward to it... You will gloat, as the BTC price flies through $20k, and I will assert that you are "full of shit", while both of us laugh are way to the bank (in the $30k plus arena.. because we won't be hanging out in the $20ks for very long).
OMG! Someone, please merit this guy for me! No need to worry.
BTCgonna do what BTC does, and we seem to have enough cushion that any of us HODLers should not be worrying too much... and if we are worrying, we have a bit more profits that we could skim off in this $7k price range in order to prepare us for $5,800 or lower, just in case....
Let's say, for example, our total stash is only 5BTC. Let's say that we have been struggling for about the past two years to acquire BTC with every paycheck and upon every price dip. The reality of the matter is that if we really fear going down to $5,800 or lower, we could shave off somewhere between .05 BTC and .25BTC (that is between 1% and 5%) to prepare our BTC portfolio for such eventuality... personally, I would only play with the smaller amounts, but I understand that some guys (and gal) might be willing to risk a higher amount in order to prepare for down... but we should know that we are preparing for both down and up.. accordingly, we have to be able to tweak our holdings, if we are feeling uncomfortable in order to cause more comfort.
I am not always comfortable, but I have sold a bit more than 2% of my BTC portfolio with the price rise from $4,200 to $7,585... Whether I am able to buy those BTC back or not, I remain somewhat neutral in my feelings.... therefore if the price goes down, I will use some of those proceeds to buy back the BTC that I sold, yet if the BTC price does not go down, I am o.k. with that outcome too... because over 96% of my BTC to fiat value remains in BTC...
Win-win situation, I love it! I tried to do the same with a little part of my holdings (about 5%) yesterday, which is totally stuck in Binance for now. Sold at $7400 and thought the same thing, "if bitcoin goes down, I'll buy back from this USDC bag, if it doesn't go down, I still win with my remaining holdings". But then I bought back the BTC (FOMO'ed at the dump) at $6800 as I liked the little 0.03 BTC profit off that Binance bag.
Next two hours are critical. |
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1609
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 12, 2019, 07:13:17 PM
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Hey @JJG! Just wondering, what are the odds of going below $3900 (again) now?
Hahahahaha!!!! You seem to be in a kind of gloating posture....  Nah, not at this stage. I'll surely be in one "after" (and iff before testing $3900 again) we break into a new ATH! So, yeah, you are correct to point out that BTC prices have moved a considerable distance from $3,900 and presumptively pointed out that the odds have likely gotten greater, than previously, that we will not go below $3,900 ever, ever again.
The odds of going below $3,900 is likely similar to whether the bottom is "in" or not.. maybe slightly higher odds for going below $3,900 than if the bottom is in at $3,122...
Another question is whether we are going to test our support at the $4,200 break out levels. So if testing the bottom of $3,122 might be as high as 46%... then going below $3,900 might be in the 47% arena, and testing $4,200 would be in the 48-49% arena. So currently breaking below $5k seems to be in the 50/50 area.
Honestly, I'm thinking more about the test of $5800 support right now, as it comes way before $4200. Don't forget, we never tested the "major level" of $3000 again after breaking it in 2017 bull run; I know that we can't compare the current mini-run to the last bull run just about yet, as the overall momentum and situation of that run is incomparable to the current run, but still, never forget, it's bitcoin and sh!t can happen any day. P.S. take my last sMerit!
Let's worry (a bit) about this gap right now:  CME bitcoin futures open today Sunday 17:00 CT. |
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1610
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 12, 2019, 06:05:17 PM
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Low probability IMV .
"Probability"? Thanks for reminding: A wild guess: today is the last day to get bitcoin below $3900.
Yes. The odds of the truth of that assertion are in the less than 25% arena. So far so good:  Maybe the odds of going below $3,900 again became slightly better than what they were on March 25, but they have not changed by a lot.. I would not even put them above 45% and that 45% is a bit charitable. You may end up being correct, regarding your guess, but I am not sure what that would be saying, besides you having had gotten lucky in your guess. Do you find that valuable in how you live your life? I certainly try to minimize gambling and guessing in how I live my life, but surely once in a while it is fun.. but that is it.. merely fun rather than something to attach much if any significance. What are the odds of going below $3900 (again) now, @JJG?  Well, let's just hope that it does come true!  Hey @JJG! Just wondering, what are the odds of going below $3900 (again) now? |
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1611
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: May 12, 2019, 05:54:03 PM
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Both the teams played very well; it was a nice high-scoring match. IMO, the only thing that messed up the big win for Pakistan was the bad batting by the middle-order (the captain Sarfaraz Ahmed, Imad Wasim, and Haris Sohail should've played better).
The way Fakhar Zaman plays in English conditions is exceptional!
Exactly, the way their first four batsman played, I thought it will be easy win. Pakistan's top order really played brilliant. Haris Sohail and Imad Wasim may change the result but they were not able to play a better. Ehm... It seems like it wasn't entirely Sarfaraz's fault: England’s Liam Plunkett faces ball tampering allegations in second ODI against Pakistanhttps://www.thenews.com.pk/latest/470427-englands-liam-plunkett-faces-ball-tampering-allegations-in-second-odi-against-pakistanThe ball was looking too awkward to be ignored in the last over, that's for sure! Not Typical English condition pitch per se. we can safely say its similar to Sub-continent pitch lol.
True! |
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1613
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 11, 2019, 11:16:38 PM
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 And Alts are showing better gains than BTC. Strange days indeed
LOL? Are you sure? My alts are all mostly down (in BTC, not in USD). Yours must be an exception. Never forget: 19. Always keep in mind the following pattern of BTC & Alts, as seen in past years:
*1) If bitcoin goes up heavily, all alts suffer.
*2) If bitcoin goes down heavily, all alts suffer.
*3) If bitcoin goes up slowly, only low volume alts suffer.
*4) If bitcoin goes down slowly, only volume alts suffer.
*5) If bitcoin stays sideways, every kind of alt grows.
*6) If bitcoin stays sideways for a few weeks (4+), all alts grow and low-volume alts go "absolutely" crazy.
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1617
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: May 11, 2019, 09:39:18 PM
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The way every team batting these days, it looks like we are going to see lots of high scoring match in World Cup too. #Graveyard For Bowlers
Eng Vs pak : England 373/3 Pakistan 134/1 21 overs
This Match can turn into very good chase if Babar and F Zaman can bat long enough, would like to see big hundred from both of them, don't want to see them getting out on 100-110 mark after scoring century.
Brilliant knock by Fakhar Zaman of 138 off 106 balls. Pakistan needs 78 more runs to win from 48 balls with 6 wickets remaining. I think they will win the match, although it's a bit hard now. I think it's 50/50 now. Couple of quick wickets and England will win this one easily but right now if Pak continue to play as they are playing they will be victorious. England won by 12 runs despite an admirable innings by Zaman. I do agree that the bowlers from both teams played horribly. 300 was a huge target several years ago, but is an average target at present thanks to the influence of T20 tournaments. Both the teams played very well; it was a nice high-scoring match. IMO, the only thing that messed up the big win for Pakistan was the bad batting by the middle-order (the captain Sarfaraz Ahmed, Imad Wasim, and Haris Sohail should've played better). The way Fakhar Zaman plays in English conditions is exceptional! |
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1618
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning
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on: May 11, 2019, 09:31:59 PM
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Eth 2.0 will be a havoc which might take eth to new ath
That's not significant enough to take ETH to its new ATH. It's just a system improvement, what we need is the demand and we need big time investors or institutional money to enter the market for ETH. I believe that most of the top 100 coins will follow the same chart pattern if the projects are legit and continue development. It happened in the last bullrun and it will most probably happen again. Honestly, this wasn't the requirement for the pump in the last bull run. I remember that the totally dead projects (especially the ones with the low market-cap) pumped up the most. If the 2017-like altcoin bull run occurs, the coins that will pump the most (by ROI) would be the ones having extremely low marketcap and are "low-priced". Last time, the low marketcap coins with huge supply + low price, pumped more than those that had less supply + high price. Make sure you've got a couple of these prepared for the next bull run! |
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1619
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Economy / Trading Discussion / Re: Crypto trading tips based on years of experience --- by Raja
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on: May 10, 2019, 10:34:15 PM
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Alts are getting full-time rekt these days, and if you're trading, the following analysis could help you: 19. Always keep in mind the following pattern of BTC & Alts, as seen in past years:
*1) If bitcoin goes up heavily, all alts suffer.
*2) If bitcoin goes down heavily, all alts suffer.
*3) If bitcoin goes up slowly, only low volume alts suffer.
*4) If bitcoin goes down slowly, only volume alts suffer.
*5) If bitcoin stays sideways, every kind of alt grows.
*6) If bitcoin stays sideways for a few weeks (4+), all alts grow and low-volume alts go "absolutely" crazy.
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