The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.
The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin. Question is, why don't BSV do the same? Some major shit might happen soon considering both sides are back stabbing conmen. Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack. If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell". |
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The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin. In the meantime, Craig/Calvin are mining their shit at 2.5x less profitability than BTC or even ABC.
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Tens of predictions and we are already near the bottom of the list. Considering there was a real prize on stake I would say almost no one was really expecting this lows. Much less if we also take into consideration that maybe some people chose to go lower for a wider spot or as some sort of "hedge".
Interesting.
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FRESH FROM WANGA/MASTERLUC Telegram:Google translation: I would like to remind you that the following levels will definitely be returned:
1) broken support triangle ($ 6000)
2) weekly ma 20
3) daytime ma 200
Week ma 200 (about $ 3000) I think this is Stalingrad. It can not be pierced in the medium term.
So I think it's about time to buy. If you have money)) Original message: Xoтeлocь бы нaпoмнить, чтo бyдyт oбязaтeльнo вoзвpaщaтьcя cлeдyющиe ypoвни:
1) пpopвaннaя пoддepжкa тpeyгoльникa ($6000)
2) нeдeльнaя мa 20
3) днeвнaя мa 200
Heдeльнaя мa 200 (oкoлo $3000) я cчитaю этo Cтaлингpaд. Oнa нe мoжeт быть пpoбитa в cpeднecpoчнoй пepcпeктивe.
Taк чтo я cчитaю, близитcя вpeмя пoкyпaть. Ecли ecть дeньги ))
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FRESH FROM WANGA/MASTERLUC Telegram:Google translation: I would like to remind you that the following levels will definitely be returned:
1) broken support triangle ($ 6000)
2) weekly ma 20
3) daytime ma 200
Week ma 200 (about $ 3000) I think this is Stalingrad. It can not be pierced in the medium term.
So I think it's about time to buy. If you have money)) Original message: Хотелось бы напомнить, что будут обязательно возвращаться следующие уровни:
1) прорванная поддержка треугольника ($6000)
2) недельная ма 20
3) дневная ма 200
Недельная ма 200 (около $3000) я считаю это Сталинград. Она не может быть пробита в среднесрочной перспективе.
Так что я считаю, близится время покупать. Если есть деньги ))
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I did it. I'm out.  Ok, you are always going out and coming back.... the question is... Did you really sell? Yes. Everything? Yes. I hope it is a joke. If not, I hope at least you could cash out in good profits and maybe join us in the next bull run. Good luck for you too, bro |
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Nobody cares about troll accounts. Just ignore them.
But it's not a troll account. He is one of us.... P.S.: Maybe he is trolling now though |
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I did it. I'm out. Ok, you are always going out and coming back.... the question is... Did you really sell? Yes. Everything? |
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I did it. I'm out. Ok, you are always going out and coming back.... the question is... Did you really sell? |
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bitcoinwisdom, for stamp is saying 2000 coins bought price goes up 40%. 2000 sold goes down 5%. anyone want to buy 2000 coins?
This ponzi is over, people called bitconnect a scam but the biggest scam was bitcoin all along. Proudhon is that you ? I may weep when Proudhon returns to taunt us. Yeah, we better hope he doesn't come back before the next bull run: Well, it's finally here. This is is truly the beginning of the end. And I'm serious. Wall street will put this thing out of its misery once and for all. We'll see 10k before the end of the year for sure. 2018 will be a horror show back below 1k. 2019 will be the year the world tries to figure out just what the hell happened. 2020 the world moves on and bitcoin becomes a memory.
The price will hit $5,000 again in 2018, and even approach $1,000. In 2019 the price will go below $1,000 on its way to complete collapse and failure. 2020 bitcoin will be done. Facts.
https://www.youtube.com/watch?v=A7TuFy0fcuw |
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So I need to ask, how many of you have basically hodl from the ATH till now.
Sodl two batches on the way down from the ATH to fund my early retirement. Have not sodl anything since late January 2018. I did originally plan on dumping at least another $1M before December 31st, but not at these prices. Looking to buy at least another 200 BTC if the price drops below $1k. Yeah, I know. I think your case is one of the most detailed during the past year. I would say you did pretty well, not only because of your more than healthy stash, but the timing of the sells, while not perfect, was pretty good in hindsight. IIRC you sold your first batch at around $17K which is as close as the ATH as it can be. Your accomplishment is inspiring and VERY instructive. Congrats again  P.S.: Interesting to know that you have plans to even rebuy what you sold if the price drops so much, but.... considering the size of your remaining stash, don't you think if that happens ($1000) you would be so pissed off that last thing you would do is rebuy more? Just asking.... |
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I see most everyone here is bearish.
So I need to ask, how many of you have basically hodl from the ATH till now.
I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.
I would like to get a better picture of what the average situation is in that regards.
I sold some on the way up but not much this year.. Accumulated in the $250-$1900 range. Sold some on the way up largest chunk at $3,800 some higher in hindsight too early but I did ok. Still hold just shy of 50% of my peak BTC holdings. I am short term bearish but not selling at these prices. Current conditions remind me of the slow crash following the decline from $1000 to around $300. I suspect further capitulation spikes down followed buy a long grind and slow climb out that I think will take as least as long as that earlier recovery and probably longer. I won't be selling more because I think the long term future is very bright, but if I needed the money in the next 24 months I would probably sell what I needed on Monday or Tuesday evening asap but not during a holiday weekend crash. Just my thoughts but I am no expert. Thanks for the detailed reply. Yeah, what you say is perfectly reasonable among the possible scenarios. Also it seems, that even if you sold some substantial part of your stash on the way up, you mostly didn't take advantage of the opportunity of $10K+ to $19K... as I suspect is the case of most here. |
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The thing that really piss me off is thinking about the immense profits calvinayre/CSW have probably made shorting BTC from 6400. We won't be getting rid of those assholes in a VERY long time.
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* Make a fortune - Check
* Lose a fortune - Check
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I see most everyone here is bearish.
So I need to ask, how many of you have basically hodl from the ATH till now.
I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.
I would like to get a better picture of what the average situation is in that regards.
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In perspective TERA was a genius. Hope she/he is doing well and has good health to enjoy life. Maybe he/she will come back soon and open a new long position as said.
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I've been seeing quite a few people calling for triple digits. Just like the last bear market, when half of people were calling for double digits.
Meet the new bears. Same as the old bears.
One have to recognise that once the price dropped to $150 that was somewhat close to double digits though. As it would be any $1xxx price close to three digits. |
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Probably, but... Look at the order books.
I wouldn't know. I don't look at them. I do. And I know all the ways it can mean nothing but.... current proportion in bids vs asks is really big. Just saying. |
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According to this, one can go long at between now and whatever low next 24-48 hr would bring and expect a short term bounce to 6500-7000.
It is very hard to quickly turn around an aircraft carrier sailing at 30 knots. Not impossible but very hard. Probably, but... Look at the order books. |
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I would like to hear any "fundamentals" story behind $6500 to $3700 move.
It seems to go up when you think it might crash (Aug 2017) and it crashes when you think that it should go up.
At this point, it is all unknowable unknowns.
Basically yes.... Sometimes (or most of the time) there are stronger factors than fundamentals. I think that is the case with this last move. I don't think it was small holders selling this time. The weak hands among those that entered Bitcoin in the last months of 2017 are probably already gone. If I had to bet, this time it has been some of the (somewhat recent) Bitcoin millionaires that started to saw their new lifestyle threatened and decided to take out another good chunk just in case. Also maybe the miners, calvinayre, etc shorting... donno.... Oh, and the most important factor.... who's fucking buying? yeah, right. |
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