Yeah I eventually gave up and reopened short. Doesn't look like Badger wants to come out of his nice cosy burrow today.
Good call after all. Edit: Temporarily Have tripled down. Wish me luck. Where's your stop profit? |
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So we going to start swapping recipes bitches?
Are we going to have a WO cook-off? Because I will own you bitches. I can do all the drinking. |
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In my opinion, bitcoin is dead. Yesssss finally goddammit ! There you have one of the horses.... |
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It is exactly as if we were at 2014 at the verge of the final capitulation red candle.
Yes I agree. It is like final capitulation should happen in the next 7 days. But everyone is way the fuck too cheerful and Bitcoin isn't dying and new ICOs are being planned and its only early December and its just business as usual. Where are the four horse riders? Is the scythe still in the garden shed? Hmmmm. I donno. Maybe something has changed... but the graphs are the graphs. The other possibility is that this last one were the final capitulation... but again it doesn't look like that. And where's the fucking bounce? no no.... |
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In any event closely aligned with my current thinking and still relevant. Largest concern is a lack of “bitcoin is dead” newspaper headlines at this part of the cycle, and the fact that the price is down a bit further than it should be for early December.
The lack of a convincing bounce on this drop from 6000s is a bit unusual too. I'm struggling to find an analogue anywhere on the weekly log chart. Let me know if you find it. I couldn't. Now I am struggling to make something about the Bitcoin Destroyed Days graph. The surge lately is brutal and almost unprecedented for a bear market.... except december 2014. The more I look at this the more similarities I find with the past bear market. It is exactly as if we were at 2014 at the verge of the final capitulation red candle. But it is not possible that everything plays out so similarly... or is it? |
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Hmmm Bitmex trading at a $6 - 12 premium to Bitstamp. Normally it is under Bitstamp by $8 - 10. Longs must be going nuts. Poor fools.
Bitstamp is what controlls the bitcoin price, always has been always will be, It's either a bot there or the owners have been manipulating it since the start. I found it strange how it's so difficult to join bitstamp, even after verifiying my identity, being an EU citizen with valid documents, they rejected them as they were not dated within 3 months. The Spanish document the NIE is issued once, and once only meaning i would and had to join bitstamp within a 3 month window or can never join. I tried to Join using my UK citizenship but it was rejected. It's usually the proof of current address (bills, etc) that need to be dated within 3 months. You sure it is the identity document that they are requesting to be recently issued? That makes no sense. |
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I pick up a small bit straight into there.
If they cant smell it no reason to search
Yeah, but does it work? I mean, is that enough to fool a sniffing dog? I have always wondered if storing bills into vacuumed plastic bags would be enough to fool a sniffing dog. I tend to think it is not enough. P.S.: And thank you very much for the merits!  I keep some mint flavoured flossers in a ziplock plastic bag inside my lunch bag for work and I can smell mint from it. You, dawg! Heightened sense of smell is the bane of my existence. Some colognes and perfumes give me an instant headache. Those so-called air fresheners are just fuckin killer for me - they are not fresh at all. My wife refrains from wearing perfumes and I love her for that. Interesting... I do assume you have never smoked, have you? |
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 hope bobbylee is wrong again ..... i kinda like it only LATE 2O2O pffff give it to us earlier  You crazy? I would sign that right now! |
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I pick up a small bit straight into there.
If they cant smell it no reason to search
Yeah, but does it work? I mean, is that enough to fool a sniffing dog? I have always wondered if storing bills into vacuumed plastic bags would be enough to fool a sniffing dog. I tend to think it is not enough. P.S.: And thank you very much for the merits! I keep some mint flavoured flossers in a ziplock plastic bag inside my lunch bag for work and I can smell mint from it. You, dawg! |
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I pick up a small bit straight into there.
If they cant smell it no reason to search
Yeah, but does it work? I mean, is that enough to fool a sniffing dog? I have always wondered if storing bills into vacuumed plastic bags would be enough to fool a sniffing dog. I tend to think it is not enough. P.S.: And thank you very much for the merits! |
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Not quite your limited edition but similarly virgin fresh  Dude, that saggy wrap is scary. Mines have always come fully tight. And congrats Globb0!! |
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There's one good thing about being at this or even lower prices... when the time comes for the price to reverse it could be explosive.
Let's be honest, at much higher prices most of us could not even think about significantly increasing our stash by buying more with our "traditional" source of income. Well, maybe some of you with USA salaries at top tech corporates and the like. Now it is possible again... but, as it has happened in the past at every bear market, we are still scared to put more money in and see how it goes underwater... with the double pain of seeing how our previous stash goes down in value at the same time.
What I mean is that things happen for a reason and no doubt Bitcoin ended being temporarily overvalued at end of 2017 due to FOMO. We knew it... C'on who wasn't thinking since August'17 this was too good to be true? What about early December'17? Yet for some reasons our logical thinking was that... Well, if it has reached this ridiculous price so fast... why could not keep going and going some more?
Until it imploded as it should.
All of this has happened before and, I hope, will happen again.
How many of you that, even if hodl'ed it all, stopped thinking about buying more since a long time ago? How many of you are again starting to consider increasing their stashes or even have started buying bits here and there?
And we are still scared. I am. Let's be honest, you too. Yet here we are hodling and thinking if the time has come to start buying again.
What will happen when the sky opens and we feel it is now clearly safe again?
Yep, exactly.
#DYOR
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No one is saying anything about the vintage turntable and mini-din to usb adapter?
Technics SL1210 MK2 (one of a pair Vitamin containers are nicely air tight. Go away bad police dog. barf.Does that really work? Can't believe it is that easy. |
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No one is saying anything about the vintage turntable and mini-din to usb adapter?
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Ok, let's recapitulate. That first short squeeze/cover was easy. Next one is a bit harder but critical. We need to get over 3600...
For that we need to make our pet alpaca shitpost a little more and it is doable.
We need a volunteer to trick Proudhon. The volunteer must be JJG. C'on JJG, you can do it! Bury that mathafacka in walls of text!
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didn't you start in 2014/15?
Earlier Ya, after posting that I checked your post history and it looks like you already perfectly knew your way around here before your first posts |
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yay a 100 dollar bounce after a 700 dollar dump  Nothing to celebrate buddy but feeling a pulse is never a bad thing. Edit - I’d imagine a few shorters getting rekd atm? Yep. Shorts just hit ath a few hours ago. i was expecting summit to happen. That has been almost no volume. Shorts must be still near ATH. There wasn't enough liquidity to cover them. |
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Well, as I just said, the books were thick as fuck on the buy side and paper thin on the sell side. It has cut through it with almost no volume. Now what?
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Weeeeeeeee!!! Weeeeeee!!!!!! Weeeeeeeeeeeeeee!!!
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