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Toxic2040
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Activity: 1792
Merit: 4141
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January 10, 2018, 04:48:25 AM |
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JJG - Nailed it.
/randomthoughts - I was not implying that you where sweating the 100k..actually quite the opposite. I was and now have confirmation that this was more of idle strategy thought progression than actual panic or worry for that matter.
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JayJuanGee
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Activity: 3836
Merit: 10835
Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 04:55:44 AM |
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Yesterday's dump was the most hilarious fiasco I've ever seen.
My partner was asking about the crash yesterday, and all I was able to respond with was some mumbled grumblings about "South Korea", "CoinMarketCap", and "Panic Selling" - not quite being able to clearly articulate what was going on. After a few moments (... I tend to ramble on...) I was able to finally sum it up as "A bunch of weak hands got flushed and a bunch of stupid people panic SODL'd because CMC changed stuff, making it look like the prices of shitcoins crashed", to which, he shrugged, and got back to playing Candy Crush on his iPhone. I believe that the supposed "crash" is more easily summed up as normal consolidation. Perhaps our more narrow consolidation range is $13,000 to $17,500 and the broader consolidation range is $11k to $20k. Maybe you can get a little excited if we break beyond the more narrow consolidation range - but the more meaningful excitement woudl come from breaking beyond the broader consolidation range. Anyhow, what I am trying to say is that you should tell your partner to shut the fuck up and stop bothering you about petty matters because nothing significant is happening yet, until we perhaps get close to the boundaries of one of the consolidation ranges - in one direction or another - and for now, we are largely bouncing around in the white noise middle.  I like you. I'm going to venture that however, you would not if you two were in a relationship. I was just trying to emphasize a certain idea.. ... My tone wasn't meant in any kind of mean way.  |
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JayJuanGee
Legendary
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Activity: 3836
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Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 05:02:59 AM |
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I'm in a position where I'm preparing to sell some corn in February. I'm not tickled about these prices.
et tu Rosewater? what is it with you pansies? HODL goddammit! I think that we all have cash flow issues, and sometimes there will be certain months in which several expenses may be coming due at once; however, we also try to maximize our investment into things like bitcoin - however, I think that we should also attempt to plan our strategies in such a way that we are cushioning our investment for these expected cashflow shortages, and accordingly planning ahead a bit. ... and therefore, maybe cashing out a bit more than usual, etc. etc... Yes, I understand that it is easier said than done, but probably many of us have these kinds of dilemmas... and I don't exactly have a one stop solution.. I have something coming up in the "near future", but I don't want to say exactly when, but also, I will say that I am planning several months in advance in order that I am not playing my bitcoin investment too much, and my cashing out of bitcoin comes at my own timing rather than at the timing of the bitcoin price (which again, easier said than done).. but however, easier to plan for after we had about a 3x to 4x greater performance than I had expected amongst the most bullish of my earlier expectations... better than expected BTC performance does help this kind of planning and preparations.. THANK YOU, MY FRIEND, bitcoin. . |
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Rosewater Foundation
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January 10, 2018, 05:07:25 AM |
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OTOH maybe I should be tickled about these prices. At least short term.
Lord only knows.
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Toxic2040
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January 10, 2018, 05:14:36 AM |
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what is this cash flow you are yammering on about? I only have btc flow problems atm. Its costing me an arm and a leg to send a tx! Its official..Bittrex is off the hook..hope you all profited on that epic eth run up. .1 It's banging right on the log line
we are good so far
if you have the balls, this is the time to buy
Done. I am wondering when ETH is going to retouch its ATH ratio...so strong. Think its going to .1 today... |
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kosse
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January 10, 2018, 05:17:19 AM |
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....
Don't like this action around $14k territory. Makes me nervous.
....
No shit, all this volatility is really starting to stress me out.
....
/randomthoughts
See, this is exactly what I was referring to earlier. The price action is screaming that the old mammoth will go down but since we (me as well) are so heavily invested in BTC we refuse to see the bigger picture. However, the biggest problem is that there aren't even any good news in the short term horizon. LN isn't here yet (and nobody knows if it will catch wind when it finally comes), major services are not interested in implementing SegWit (which already gives LN little chance of success), ETFs are facing problems (the applicants are told to back off by SEC) and other major cryptos are advancing in huge leaps. Every logical reason tells me to cut my losses and run. But still I'm wondering if by miracle it could still go up...how much more I could have had I had sold in December etc. Stupid weakness that will surely be my undoing (and of so many others). |
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Rosewater Foundation
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January 10, 2018, 05:18:58 AM |
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what is this cash flow you are yammering on about?
The foundation stopped paying my bills. I need to live! |
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jojo69
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Merit: 4528
diamond-handed zealot
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January 10, 2018, 05:29:20 AM |
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holy fucking roflcopters batman... and to think, it was right there on the other monitor the whole time |
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JayJuanGee
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Activity: 3836
Merit: 10835
Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 05:30:12 AM |
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It's banging right on the log line
we are good so far
if you have the balls, this is the time to buy
Done. I am wondering when ETH is going to retouch its ATH ratio...so strong. Think its going to .1 today... AND thereafter, ETH pumpers begin to talk about the "flippening" Could be... could be... But who gives a ratt's ass? |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 05:34:18 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum:  Do you think that, perhaps, it might have some relevance to our current situation? You are in the bitcoin thread, so probably it is not applicable - even though I have seen it a zillion times before (approximately). |
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pops87
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January 10, 2018, 05:37:15 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum: https://i.imgur.com/39pxLp6.pngDo you think that, perhaps, it might have some relevance to our current situation? You are in the bitcoin thread, so probably it is not applicable - even though I have seen it a zillion times before (approximately). No such number  |
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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January 10, 2018, 05:40:57 AM |
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It's banging right on the log line
we are good so far
if you have the balls, this is the time to buy
Done. I am wondering when ETH is going to retouch its ATH ratio...so strong. Think its going to .1 today... AND thereafter, ETH pumpers begin to talk about the "flippening" Could be... could be... But who gives a ratt's ass? Exactly...sure it will be coming soon..hate even bringing it up but it was glorious. As much as I am a btc bulltard..self admitted...I have come to accept that there will be other coins. It does no diminish my believe in bitcoin over the long term what so ever tho. What I am really quite pleased with was bitcoins performance thru it all...sure we touched the line..but held strong at 14k support. Pretty pleased that it was able to do that thru the pump. The conductor is a virtuoso. *golf clap* |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 06:16:03 AM |
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...Bob seems to be in the middle of making his plans regarding exactly what he is thinking about doing, and so he is providing us with a kind of blow by blow account of his decision-making process, which seems to be an attempt to sell upon BTC price rises, rather than selling during a period in which the BTC price had just dipped or could be in the process of further dips.
Pretty much this. I know I'm planning on selling xx% of my stash to retire, but on my terms and hopefully when it's on a high. I'm not going to sell in a bear market as I've been bullish long - Not going to get my coins cheap, damnit ! If the price doesn't recover to a place that I'm comfortable selling at, I wait another quarter. Not ideal, but I've resigned myself to waiting till Q2 if needed. I've told myself that "As long as I'm left with $10M USD worth of BTC, after I sell off enough to fund my retirement for the next 20 years, I'll be happy." Happy is a relative term though. At these prices, I'm technically "happy... enough..." I would like to sell off my BTC feeling "very happy" if you know what I mean. I should probably just shut up until after I've executed my plans, and pray it's still in the cards for end of Q1. Don't like this action around $14k territory. Makes me nervous. No shit, all this volatility is really starting to stress me out. I'll be happy when I'm "out" and have the portfolio set up and working for me. The BTC I'm left sitting with will hopefully appreciate nicely over the next 10 years or so. /randomthoughts I know that each person is different regarding how much is comfortable to be secure (and how to allocate risks), and I totally agree with the concept of selling as the BTC price goes up, rather than some other scenario, but I tend to think that you may have been attempting to time to cash out "a big chunk" too much.... I know that I am beating a dead horse and kind of a repeated theme from me; however, I think that if your goal was to make an interim cashing out of BTC around the value of 60 BTC at $17k, then you could have started cashing out in 10BTC increments and met the same result with an incrementalism something like this: 1)10 BTC at $14,500, 10 BTC at $15,500, 10 BTC at $16,500, 10 BTC at $17,500, 10 BTC at $18,500, and 10 BTC at $19,500... Of course, you were thinking about a lump some, yet variations of incrementalism can achieve the same results without getting caught up so much on one price point, but still achieving the objective.. without stressing out too much about it. |
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10835
Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 06:39:52 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum: Do you think that, perhaps, it might have some relevance to our current situation? You are in the bitcoin thread, so probably it is not applicable - even though I have seen it a zillion times before (approximately). No such number O.k. I probably was referring to a gazillion, then....  All, I can recall is that it has been a really BIG number of times. |
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Arriemoller
Legendary
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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January 10, 2018, 06:40:51 AM
Last edit: January 10, 2018, 08:05:06 AM by Arriemoller |
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You can also claim BTH and BTG on the Coinomi Android wallet. It will also support GOD and Bitcoin Atom when they go live later this month. https://www.bitcoingod.orghttps://bitcoinatom.ioSorry, I didn't see the below until now. Thanx, but Im trying to report the forks ready to be sold, complete wallet and working exchange. for the list look here |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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January 10, 2018, 06:41:54 AM |
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The big advantages of using ATMs though are security, anonymity and instant gratification.
often seen you mention the anonymity aspect. is Toronto not brimming with cctv cameras? or do you like me have a selection of peculiar hats? |
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mymenace
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Activity: 1596
Merit: 1061
Smile
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January 10, 2018, 06:42:49 AM |
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Good day gentlemen. I would like to bring your attention to this novel and innovative chart that has surely never been seen before on this forum: Do you think that, perhaps, it might have some relevance to our current situation? You are in the bitcoin thread, so probably it is not applicable - even though I have seen it a zillion times before (approximately). No such number O.k. I probably was referring to a gazillion, then.... All, I can recall is that it has been a really BIG number of times. Yeah we used that image for the 2013 Mtgox Bubble when it hit $250USD dumped to $60USD |
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10835
Self-Custody is a right. Say no to"Non-custodial"
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January 10, 2018, 06:55:50 AM |
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It's banging right on the log line
we are good so far
if you have the balls, this is the time to buy
Done. I am wondering when ETH is going to retouch its ATH ratio...so strong. Think its going to .1 today... AND thereafter, ETH pumpers begin to talk about the "flippening" Could be... could be... But who gives a ratt's ass? Exactly...sure it will be coming soon..hate even bringing it up but it was glorious. As much as I am a btc bulltard..self admitted...I have come to accept that there will be other coins. It does no diminish my believe in bitcoin over the long term what so ever tho. What I am really quite pleased with was bitcoins performance thru it all...sure we touched the line..but held strong at 14k support. Pretty pleased that it was able to do that thru the pump. The conductor is a virtuoso. *golf clap* In the end, I used the expression "who gives a ratt's ass" because in the end, there can be a lot of pumping of these various inferior products and even attempts to make it appear that they are equal to bitcoin based on relative market size to bitcoin and bitcoin dominance measurements (as falling), but in the end, they are quite far from the sophistication and robustness of bitcoin, and therefore, we don't really need to worry about a lot of the money flowing into the crypto space and flowing into these various other non-bitcoin projects. Whether it takes 2 months or 10 years, a lot of folks are going to likely come to realize that bitcoin is where it is at, bitcoin is the real deal and bitcoin has the fundamentals that are lacking in other crypto projects. So, perhaps some of that money will flow back into fiat, but more likely that money that is flowing into various scammy and pump and dumps and inferior alts is going to find its way back to daddy.  Gotta feel good about that, no? |
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Arriemoller
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Cлaвa Укpaїнi!
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January 10, 2018, 07:12:20 AM |
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I'm in a position where I'm preparing to sell some corn in February. I'm not tickled about these prices.
I'm starting to wonder if I didn't jinx the whole fucking month of January talking about the sell order I placed @ $17k... That's what I get. Sheeit  Now, don't mention February. |
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