JayJuanGee
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Merit: 10884
Self-Custody is a right. Say no to"Non-custodial"
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December 28, 2017, 08:17:50 AM |
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My orders that I dont go to bed without: 1. Just above 8000 2. Just above 5500 3. Just above 1000, 100 and 10 (in case of a wierd exchange liquidation wipeout)
Of course, Tera Bera is not a bear. She is as bullish as any normal bitcoiner, and preparing (should I say wishing) for both directions.
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 28, 2017, 08:20:43 AM |
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If I was a real bear, I wouldn't have those buy orders and I'd just leave for a different market. The faith that btc will inevitably bounce after hitting those lows and the fact that I will hodl half of those coins indefinitely makes me part bull - Just not an irrationally exuberant one. You guys need me when the shit hits the fan.
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NiceSoft12
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December 28, 2017, 08:24:10 AM |
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Why, and what makes that fork different then all the other forks thats forking just around now. I did not know there were that many forks, wow! Where does one trade all these new coins lol?
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AlcoHoDL
Legendary
Online
Activity: 2506
Merit: 4607
Addicted to HoDLing!
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December 28, 2017, 08:25:39 AM |
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[ ... ]
Yes, those are 14 great tweets that can provide some grounding, and assistance to folks who have already accumulated a decent stash of bitcoin, and also to consider that cashing out a decent amount of profits can be decent for protecting from the possible downside and even diversification of some profits can also be provide additional grounding.
[ ... ]
JJG, just out of pure curiosity, can you quantify the highlighted phrase? I cannot really quantify - because "a decent stash of bitcoin" remains a very relative term based on someone's own financial situation. For example, let's say that you had a very systematic plan in regards to your bitcoin, and within the past several years, you were able to invest in accordance with a systematic plan, that would be anywhere from 1% to 20% of the money that you have available for investments. We all recognize that if you were largely "in" bitcoin before 2016, then you would have witnessed a decent 78x BTC price appreciation from about $250 to $19,666. Surely, if you did not sell very many of your coins, then your proportion of BTC as compared with other assets in the value of your funds is going to have become disproportionate in size, much beyond the percentage that you originally chose to invest. So even a relatively small number of coins might have caused some disproportion in your risk allocation that would have become more skewed towards bitcoin - for some folks small might be 1-10 btc, and others 10-40 btc, yet relatively speaking, the bitcoin value should be considered and whether you consider yourself to be disproportionately overly risky in terms of the weight of your bitcoins. I understand that I probably did not answer this question very well, yet on a personal level, I have considered my choices to sell bitcoin all the way up the price rise at about 1% per every 10% rise in bitcoin has served me very well to remove a decent amount of fiat value from my bitcoin, and even though some may consider that I am overly allocated in bitcoin, which for me is probably currently somewhere between 70% and 80%; however that disproportionate allocation came from BTC price appreciation rather than my investing that much. So, I am feeling really comfortable, even though I have a decently high proportion of my investments value in bitcoin - and I think that I am kind of covered in terms of several advice points of the 14 tweets based on my own goals and aspirations, my past practice and the fact that i have given decent consideration to my own allocation situation. I will admit that several weeks ago, I had to do additional introspection because I had not really expected BTC prices to so easily go past $15k - at least not the first time around, and we are currently back struggling, a bit, with this $15k price point. Many thanks JJG, for the thorough reply, which I enjoyed reading. I appreciate the time and effort you spent in composing it. Just for the record, I enjoy reading your posts, and don't mind at all that you "overanalyse" things, as you're frequently being accused of. I also tend to overanalyse things in real life, because I believe that more information is always helpful, even if it is sometimes redundant. To those who say "silence is gold", I reply "silence is death".
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NiceSoft12
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December 28, 2017, 08:26:16 AM |
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If I was a real bear, I wouldn't have those buy orders and I'd just leave for a different market. The faith that btc will inevitably bounce after hitting those lows and the fact that I will hodl half of those coins indefinitely makes me part bull - Just not an irrationally exuberant one. You guys need me when the shit hits the fan.
I'm the luckiest bear in the world. I seem to get pretty lucky because I'm not close to an expert in any field relating to bitcoin or analysis.
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Arriemoller
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Cлaвa Укpaїнi!
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December 28, 2017, 08:28:28 AM |
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Why, and what makes that fork different then all the other forks thats forking just around now. I did not know there were that many forks, wow! Where does one trade all these new coins lol? Well, Bitcoin Atom, Bitcoin Diamond, Bitcoin God (not a typo) and SW2X are all forking around now, and I'm sure others can fill in with some more..
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TERA2
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Deb Rah Von Doom
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What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull. Though as usual I'll be the person on the forum receiving the most flak.
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NiceSoft12
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December 28, 2017, 08:33:48 AM |
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Wow Bitcoin Pizza fork is coming up. This whole crypto currency thing will become the laughing stock of the world one day if these kinds of shenanigans continue!
How can people take Doggy coin seriously? and yet it's price has skyrocketed....
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 28, 2017, 08:34:44 AM |
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I pumped Dogecoin, and it followed a historical TA pattern
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NiceSoft12
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December 28, 2017, 08:36:39 AM |
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I should get a group of investors to make a Bitcoin Donut fork!
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10884
Self-Custody is a right. Say no to"Non-custodial"
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December 28, 2017, 08:36:41 AM |
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There, I sold .01BTC. That should make this down trend reverse. Same feeling here. I need to sell something for price to go up again. Seems crazy as fuck to see guys in this thread doing the exact opposite of what they should be doing.. . Crazy Fuck Each of us, reading this thread, should realize that we buy on the way down and sell on the way up, not the opposite. Helrow??
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flynn
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December 28, 2017, 08:39:00 AM |
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sorry, that is the code block to uninstall the offending updates
Thank you for this btw. With MS, the more you remove the best it is, BUT I would keep Microsoft Security Essentials ...
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NiceSoft12
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December 28, 2017, 08:39:48 AM |
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I pumped Dogecoin, and it followed a historical TA pattern
I think dogecoin is successful for the fact that it creates laughter in the investor I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit.
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Searing
Copper Member
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Clueless!
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December 28, 2017, 08:42:22 AM |
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Wow Bitcoin Pizza fork is coming up. This whole crypto currency thing will become the laughing stock of the world one day if these kinds of shenanigans continue!
How can people take Doggy coin seriously? and yet it's price has skyrocketed....
Well, in the USA if they want to put a 'crimp' into BTC...all they have to do is declare this 'air-dropped' fork paper profits value as "income' like mining got taxed...the IRS really, really does not like $$$ falling out of the sky..... the odds are 1 out of 20 out of such a senario....but could you imagine being a BTC whale with 1,000 coins ..told that at 280 USD when BCH hit the world as a fork, (I think that was the BCH price on launch) you owe the IRS from your 2009 onwards hoard about $280,000.00 USD. Pay up! Last I saw 22 forks of Bitcoin so far...and now I hear forks of Bitcoin Cash. Again, just saying, if the powers that be, really wanted to crimp/slow down crypto....the IRS ruling on this like crypto mining would be a drag.
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explorer
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Activity: 2016
Merit: 1259
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December 28, 2017, 08:42:23 AM |
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What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull. Though as usual I'll be the person on the forum receiving the most flak.
Yet knowing what to expect by now, you still share your insights, which is appreciated. (by some)
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TERA2
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Deb Rah Von Doom
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December 28, 2017, 08:43:33 AM |
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Someone warned me about Dogecoin that it wasn't a good idea because the underlying meme was not popular anymore... but it didn't matter - all the altcoins were getting pumped and the coin still had an active community.
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Arriemoller
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Cлaвa Укpaїнi!
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December 28, 2017, 08:44:27 AM |
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I pumped Dogecoin, and it followed a historical TA pattern
I think dogecoin is successful for the fact that it creates laughter in the investor I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit. I think that's a bit discriminating against Kittehcoin. https://coinmarketcap.com/currencies/kittehcoin/
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AlcoHoDL
Legendary
Online
Activity: 2506
Merit: 4607
Addicted to HoDLing!
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December 28, 2017, 08:45:16 AM |
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I pumped Dogecoin, and it followed a historical TA pattern
I think dogecoin is successful for the fact that it creates laughter in the investor I told a friend about dogecoin and he said why is it called that. I said after dogs, for real, and he cracked up for a bit. The good thing with DOGE is that it is (soon "was") so cheap that it's easy to mega-pump it and spike the price. A relative bought several thousand DOGE coins a few months ago, just for fun, and now he's laughing. He's keeping them and hopes to become rich from them in the coming years.
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ivomm
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All good things to those who wait
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December 28, 2017, 08:46:15 AM |
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It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!! Whatever they do, there will be only 21 mil BTC by 2040 (currently 80% are mined), so good luck with the bear plans!
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TERA2
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Deb Rah Von Doom
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December 28, 2017, 08:47:26 AM |
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It is funny to see every time there is a dip, the trolls be like: I put buy offers at 8000 and 1000. Wow, some noob with 0.01 BTC may fall for that and sell The enemies of BTC failed miserably in their attempt to sabotage BTC hodlers. Even at 14K the gain is 1400% for a year!!! In 2014 there were flash liquidation events on both btce and finex and thousands of coins were sold at $100 before rapidly bouncing back to $650
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