the Bafin (finance authority) needs to flex some muscles to compensate their total lack of oversight in the wirecard scandal. typical German authority behavior: bow to the strong and kick the weak. in other news: my shitty mobile app tells me we are up on daily, weekly, monthly, 3months, 6months, yearly, 2years, 5years. it's been a while for us to see this happening. bullish! |
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wieso gierig? bei 10k sind das in deinem falle läppische 2.74 € pro posting hier im forum.  man könnte ja mal eine 100K Party auf die beine stellen. also eine Party wenn BTC 100K$ erreicht. Preis pro ticket 1BTC? Dann wären zumindest jegliche Unkosten gedeckt. Es sei denn die Location soll die ISS sein. DAS wär sprichwörtlich abgehoben! 🥳 Pm sent... |
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TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders at this point.
We could have retracement soonish. Prepare to BTFD.
I'm ready to buy a tidy chunk of physical. Come on baby, drop if you will... or go straight to 12k and stay up there before shooting up some more. I'm on full HODL on BTC...but if BTC goes to like to say $16K or some such I will be 'sacrificing' some of my Altcoins on the bloody Altar of BTC! the catch is...will altcoins go doom on a pump but then shoot up afterwards in price as in the past...or will they simply have the 'blood' sucked out of them by BTC pumping to new heights and yet another boat missed. Timing will be 'everything' on such a dump of altcoins for 'dubious cash' uses of which I can't inform people on here, because you would be 'accessories before the fact'  (kidding I'm kinda boring) anyway, as with all things crypto I should just flip a coin on-selling altcoins, when if my 'pucker' factor alarm goes off. I really should let 'random chance' make such sell/buy decisions...lord knows my 'logic' does not work...so at least that way I could 'blame' luck/chance instead..would be refreshing... whatever...but likely at least half of my altcoins will be sacrificed at around $16k for cash and nefarious uses imho it is complicated enough to figure out the ups and downs of bitcoin and the percentages, increments of buying or selling, timing all of it. but at least you play this game with a solid asset. trying to mix this craziness with the additional craziness of picking and timing the "right" shitcoins is craziness squared. with the additional risk of playing here with illiquid scams, criminal pump&dump schemes and the fact that those assets represent nothing but lies and greed and no technical or economic value whatsoever, this is craziness tripled. in other words, outright stupid. I rather miss all the pumping shitcoins. it's the only way to make sure to also miss the dumping shitcoins. |
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It only took 4 days to come back to 11 900. It's bullish.
I have been thinking similarly... I have been expecting more correction or more flat.. but she seems to be wanting to gravitate UPpity... for some strange reason. Go figure? it has been mentioned in here before. it is not that bitcoin is getting more expensive but it is the shitty fiat that is already in hyper-inflation against bitcoin. since everyday regular stuff like food and consumer goods are so tangled up/interwoven in the fiat economy, those will also go into hyper-inflation vs fiat but they will be last.
we already see stocks decoupled from economic reality, rising and rising - despite of biggest global recession in history. they are not in hyper-inflation yet, but in inflation.
gold marking all time highs. historical. it is not in hyper-inflation yet, but inflating vs fiat for everyone to see.
real estate is getting absurdly expensive, same as luxury goods, and art.
they call it asset-price inflation, but in reality it is the beginning of a hyper-inflation shockwave.
the asset, that is the most decoupled from the fiat economy will get hit by the inflation first. which is of course bitcoin, a new decentralized asset class that is not controlled by central banks, banks and other traditional economic gate-keepers. because it is completely independent it will enter the hyper-inflation phase vs fiat first. and that will get very clear in the next run-up.
we will see a hyper-inflation event of varying velocities. that is the key my friends.
fiat money will not lose the battle against everything at once. it will lose battle after battle, well it is already losing battle after battle. the battle agains the hardest und most incorruptible money ever created - bitcoin - will be the first total defeat. the first unconditional surrender.
owning whole bitcoins is the best shield vs the inevitable collapse of the fiat system.
What if I cannot afford a whole bitcoin? What chaIamGONNA dooooo? buy a fraction of bitcoin to get a fraction of a shield? |
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The dollar is still greatly desired by America’s poor and the middle classes, whose wages have not risen much in nearly 30 years. They are not getting more dollars like citizens did in Weimar Germany. You won’t see dollars in wheelbarrows any time soon. Most of the Federal Reserve’s dollar printing goes directly to a handful of fantastically wealthy people at the top of the pyramid.
Many of them own the Federal Reserve. The Fed is propping up a market that is mostly owned by the top.
We The People are not receiving what the Fed is buying whether it is treasuries, corporate bonds, or ETFs, but we are forced to pay for it. Citizens must cough up more taxes to pay the interest on the absurdly high debt in order to make sure the fabulously rich get fabulously richer.
Until those at the very top start giving their money away to the rest of the country, the dollar will be fine.
https://www.zerohedge.com/economics/real-moneys-revengethose at the very top will not start giving their money away to the rest of the country. they will give it to us, the hodlers of bitcoin.  |
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it has been mentioned in here before. it is not that bitcoin is getting more expensive but it is the shitty fiat that is already in hyper-inflation against bitcoin. since everyday regular stuff like food and consumer goods are so tangled up/interwoven in the fiat economy, those will also go into hyper-inflation vs fiat but they will be last.
we already see stocks decoupled from economic reality, rising and rising - despite of biggest global recession in history. they are not in hyper-inflation yet, but in inflation.
gold marking all time highs. historical. it is not in hyper-inflation yet, but inflating vs fiat for everyone to see.
real estate is getting absurdly expensive, same as luxury goods, and art.
they call it asset-price inflation, but in reality it is the beginning of a hyper-inflation shockwave.
the asset, that is the most decoupled from the fiat economy will get hit by the inflation first. which is of course bitcoin, a new decentralized asset class that is not controlled by central banks, banks and other traditional economic gate-keepers. because it is completely independent it will enter the hyper-inflation phase vs fiat first. and that will get very clear in the next run-up.
we will see a hyper-inflation event of varying velocities. that is the key my friends.
fiat money will not lose the battle against everything at once. it will lose battle after battle, well it is already losing battle after battle. the battle agains the hardest und most incorruptible money ever created - bitcoin - will be the first total defeat. the first unconditional surrender.
owning whole bitcoins is the best shield vs the inevitable collapse of the fiat system.
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10.000 EUR da bist du ja endlich wieder und jetzt weiter auf 13-15k EUR...
Hoffentlich hast du recht Nun mal nicht gleich wieder so gierig werden, meine Herren! wieso gierig? bei 10k sind das in deinem falle läppische 2.74 € pro posting hier im forum. |
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am willing to find out
Quite impressive. I mean, 191 frames GIF under 1 meg! What kind of technological sorcery is this? [imtps://i.imgur.com/CTY6DdH.gif[/img] [imps://i.imgur.com/dggL9hj.gif[/img]  merited for gary larson quote. |
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let's take a look at the weekly rsi and check what happened to the price of bitcoin when it went to overbought aka rsi above 70 (Bitstamp/$)
July2012: price went from 6.50 to 16.41 (+150%)
Jan2013: price went from 13.15 to 259 (+1800%)
Oct2013: price went from 130 to 1163 (+794%)
May2016: price went from 440 to 778 (+76%)
Nov2016: price went from 720 to 1139 (+58%)
Feb2017: price went from 911 to 1350 (+48%)
Apr2017: price went from 1210 to 2980 (+146%)
Aug2017: price went from 2600 to 4979 (+91.5%)
Oct2017: price went from 4093 to 7590 (+85%)
Nov2017: price went from 5800 to 19666 (+239%)
May2019: price went from 5520 to 9096 (+64%)
June2019: price went from 7514 to 13880 (+84%)
when rsi went above 70 the average percent rise has been 300%
currently the weekly rsi is sitting at 66.5
this would put us somewhere in the $40k area. and that is just the average local peak, not the blow-off top of a possible big bull. even the lowest percentage increase of 48% would put us close to ATH.
comrades, don't sell out too early.
note: this is not a complete list. I left out 2 or 3 the fake outs. it is easy to see a fake out looking back. but impossible to know it when it crosses in real time. don't sell your house just because weekly rsi went above 70.
edit: to get a more realistic average %rise, let's not count the biggest and smallest rise, which results in an average of 178% rise aka new ATH
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Will it stop here at $.01?
muahaha... electroneum still exists? mining like a boss on mobile devices???  I know I guy who invested $70k betting on this scam. he owned bitcoin and was on track. one day he told me that bitcoin is slow and outdated and that he went all-in on electroneum and a few other weird shitcoins in the same ballpark. I tried to stop him, but boy the electroneum fanboiz surely had their way of sucking noobs in. he lost all his money.  to all noobs reading this: DO NOT TOUCH THIS SCAM it wasn't working three years ago and it isn't working today. Buying I see lol ....or wait... Here to save the noobs after your friend "lost 70k".....got it 😂 Some of the money was for the college education for his kids; the family is dirt broke now. Not a funny story at all and unfortunately all true. You are the OP of this scam thread, you have skin in the game, you are a major part of it. I did expect a bit more than a single line of stupidity and unfounded accusations to answer me calling out this obvious scam. Everyone that is able to click on page one of this thread and read all this hilarious bullshit you and your cheerleaders have produced three years ago can see it. And you have guts to revive this pile of lies? And you expect no one calling you out? As a start, please enlighten me on the progress of „mobile mining“. |
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meh, why is this wonderful thread closed? https://bitcointalk.org/index.php?topic=163258.1720;topicseenthere are true gems to be found in there: This one is a no brainer. Paid roughly 3500 bitcoins for a mini rig. At the time btc was approx 8 bucks a piece. Had I held on to them, I would have become a millionaire a few times over. Had BFL shipped on time, it would been a good bet, but It was bad timing. I also should have invested into friedcats deal. I came really close, but didnt.. It seems like every investment turned out bust. the ones I turned out were the ones i should have invested in.. So, I totally believe in buying and holding. h o l y fuck. $35mio for a mini rig. BFL? it is one of those threads where you can actually learn something. check this one out: Mining 10,000 coins, selling them at $2 a pop because money was tight. I told everyone this is the next big thing, then ignored my own advice. That was an $8,000,000 mistake. Wish I had forgot about a few.
Joining the bay area bitcoin meetups in 2011, meeting lots of entrepreneurs with great ideas who wanted to work with me, even pay in bitcoins, then moving away for a new comfortable salaried job.
Buying in at $200 a few months ago when I again realized I hadn't missed the boat, then selling at $300 for a quick buck thinking I could buy back in.
Buying in again at $1000, then the crash happened.
Getting hacked at MtGox, CampBX, Inputs.io
I made a lot of "almost" right decisions. No more trading for me Tongue getting nausea just reading this...  edit: just some measly $100mio mistake. edit2: sry for necroing.. |
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Will it stop here at $.01?
muahaha... electroneum still exists? mining like a boss on mobile devices??? I know I guy who invested $70k betting on this scam. he owned bitcoin and was on track. one day he told me that bitcoin is slow and outdated and that he went all-in on electroneum and a few other weird shitcoins in the same ballpark. I tried to stop him, but boy the electroneum fanboiz surely had their way of sucking noobs in. he lost all his money. to all noobs reading this: DO NOT TOUCH THIS SCAM it wasn't working three years ago and it isn't working today. |
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wenn hier im thread (= deutschsprachiger WO schwesterthread) wenig los ist, dann schaut doch einfach rüber zum original WO und bringt euch dort ein. https://bitcointalk.org/index.php?topic=178336.541260die können frisches Blut gut brauchen und elrippo, Gyrsur, hv_, outofMemory, JLO, goldkingcoiner u.a. können euch sicher bestätigen, dass man dort nicht gefressen wird. Haha, ja besten Dank, aber als eingefleischter BIG BLOCKER / Protokoll-minimalist - original Maximalist bin ich bei den eingefleischten BIG BLOGGERN nicht so beliebt / das Drama um den Gründer des threads Adam ist hoffentlich noch bekannt Bitcoin ist mehr als nur ein Tickerle holy.... da hast du recht, als big blocker hat man dort wenig freunde. ist das hier anders? (duck weg ) |
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wenn hier im thread (= deutschsprachiger WO schwesterthread) wenig los ist, dann schaut doch einfach rüber zum original WO und bringt euch dort ein. https://bitcointalk.org/index.php?topic=178336.541260die können frisches Blut gut brauchen und elrippo, Gyrsur, hv_, outofMemory, JLO, goldkingcoiner u.a. können euch sicher bestätigen, dass man dort nicht gefressen wird. |
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Here's a brand spanking new chart from the little fella who got this thread rolling in the first place all those years ago if you like that sort of thing. https://www.tradingview.com/chart/BTCUSD/BiymtBy3-Some-short-term-thoughts/He seems to be in a rather confident mood. That's my point. No bull market until scam coins die. But hey just my 2 cents For better or worse you will make more money on the shitforks getting in now than you will on BTC in a bubbly scenario, and exiting at the right moment of course. That's not tasteful but it's almost certainly true. It's 'Bitcoin' but it's 'cheaper' and that shit never gets old for the waves of hungry newcomers. They will never die. They may fade over time but not this time. wanted to merit your post because it seems rational but noticed that I just cannot do it. there are tiny traces of idealism left, lines that cannot be crossed... |
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na soooo oft geht der Kurs nicht über die 10k €, dass es hier im thread niemanden vors keyboard lockt, oder? beim nächsten mal erwarte ich ein bisschen mehr...
mal sehen ob wir morgen immer noch drüber sind.
Hey, bitte nicht so viel FUD. BTC ist zwar um einiges gefallen aber unter 10k wäre dann wirklich ein großer Rückschlag gewesen.
(...) bei mir erscheint ein gegenwärtiger preis von 9487 € und das erscheint mir doch recht deutlich unter 10k € . |
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Y'all hate on me if you like... but I'm kinda thinking we need to cool down soon.
We want this to be a grind for now, not a parabola.
On the other hand maybe bitcoin could do something never seen before?? (Irrational Exuberance)
No, you're right. Too much too soon is never good At least, we had a quickie breach of $12k to make everyone feel good. Lasted well over 10 minutes. Who doesn't appreciate a quickie? Hey, we're still over 10k, that's all that matters! It went down to € 9200. we were above €10 k for just a few hours. As always I must add. I don’t know why, but the € 10k is a beast that is somehow hard to cross. Maybe kraken wants to signal us its relevance? They do most of their volume in €. I don’t think I ever woke up in the morning and found out that €10 k was still holding when it was crossing it the day before on its first try. It just fucking never did at least in my memory. 2nd try could work but has also often failed in the past. The $ had its struggle with 5-digits as well... it will come Many of us likely realize whether we are talking about trying to get above and stay above €10k, and to get stay above and not go below $10k, these are just transitionary numbers. There is no do or die in regards to king daddy and the up and down waves that she goes through. We just experienced an up before down, and fuck we start to be able to tell when the price goes up about $700 (6%) in 24 hours, but it had already gone up $2,300 (25%) in the previous week or so with no meaningful correction, and we are getting the feeling that this thing is a bit over doing it... which could cause even greater extremes - and neither direction is out of the question - even while we are feeling a bit of a relieve to get fucked to shit by a 30-minute $2,350 red candle, and we don't even know when that one is going to stop... (and lucky that it did), so we are back into consolidation mode.. and either direction, again becomes a kind of 50/50.. at least if it does not over heat too much too soon. Maybe we go back into 4 digits and maybe we get above €10k, and stay there? Either way, life is good.  Glad to have been here since before 2017 and rode the wave all the way through 2018, 2019 and the first half of 2020... Bouncing around between $10,900-ish and $11,250-ish and not knowing for sure, which way she is going to break, short-term, currently, as I type, we seem to be in a good place boyz and girl. Are you going to be such tricky buggers when we get towards €20k, €50k, €100k etcetera etcetera etcetera?
No. € bureaucracy has only power around 10k; next round I suspect the Serbian динap to whip the price. when will the £ have its time to shine? Wat? Have you guys been consulting with Torque? Numbers are hardly as BIG of a thing as you are making them out to be. Even though they are. fuckers. only because some traders seem use round numbers to place their orders doesn't mean "we" are making them big. |
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Are you going to be such tricky buggers when we get towards €20k, €50k, €100k etcetera etcetera etcetera?
No. € bureaucracy has only power around 10k; next round I suspect the Serbian динар to whip the price. when will the £ have its time to shine? |
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It went down to € 9200. we were above €10 k for just a few hours. As always I must add. I don’t know why, but the € 10k is a beast that is somehow hard to cross. Maybe kraken wants to signal us its relevance? They do most of their volume in €.
Why would they do that? Selling this sharply means losing money. I think it makes more sense that many Europeans sold at around 10k (a good psychological level) and that's all. Maybe this caused at some point the condition for some big automated sell orders get hit (increase over 10k then starting to decrease)? Volatility always means profit for the exchange, despite of the direction. I am not accusing Kraken to be responsible for the dump. It is just weird that € has any relevance in this game when everybody thinks it doesn’t. |
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nein
also habt ihr noch ne chance... hoffentlich zum letzten mal. |
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