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somac.
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February 05, 2018, 01:24:34 AM |
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big buy wall on finex at 7800. 2000 coins
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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jbreher
Legendary
 Offline
Activity: 2422
Merit: 1291
lose: unfind ... loose: untight
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February 05, 2018, 01:24:47 AM |
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Why all filthy rich guys are selling hundreds and thousands of BTC at that price? What are they thinking - the end of the world? Or early retirement? What if by the end of the year BTC hits 50K or even 100K $ and they realize how richer they could have been if only waited for several more months? But no, why have 100 mln in several months, while I can have 2-3 mln and retire now. Pathetic
The only reasonable way to do that is to have several million now, and 100 million in several months, as well. XD explorer gets it... ivomm seems lost. or maybe just bitter. Pathetic. |
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LFC_Bitcoin
Copper Member
Legendary
 Online
Activity: 1750
Merit: 1831
One of the world's leading Bitcoin-powered casinos
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February 05, 2018, 01:34:46 AM |
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Ask side is thin so we are back above 9000 in no time if just a few start to buy.
I’m a HODLER but if I was a whale millionaire i’d be buying in bulk at this price, it’s guarsnteed profit |
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rafanadal
Member
Offline
Activity: 371
Merit: 31
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February 05, 2018, 01:34:55 AM |
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How are we still heading down? This is ridicolous
Why did the price reach 20k in the first place? |
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samsonn25
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February 05, 2018, 01:36:15 AM |
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The same reason it was .0025 cents 9 years ago.
No one know the value
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tonyq
Legendary
Offline
Activity: 879
Merit: 1001
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February 05, 2018, 01:37:31 AM |
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Use your heads guys.
The same people that bought at any price to send it through the roof are now dumping continually to get the price down to nothing.
I'll give you a clue who they are. They own all the world's banks and print money for fun.
They saw bitcoin as a threat....they are taking it out as you watch.
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Biodom
Legendary
Offline
Activity: 1988
Merit: 1238
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February 05, 2018, 01:41:17 AM |
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So for the first time, tax planning needs to be taken into consideration in my trading strategy. It makes things much more complicated but it is a nice problem to have.
How about this plan, consisting of two stages: Stage 1: Accumulation (buy for fiat, buy through alt appreciation, mining, earning, etc.) Stage 2: Distribution. Allocate a % you want to potentially spend vs how much you want to leave to descendants. Maybe 50:50 or 70:30, whatever. Then divide your stash (that you want to consume) into equal yearly buckets considering maximum life expectancy. Enjoy life, travel, whatever. Maybe start the distribution phase at retirement of few years beforehand, say, 60. this way you would enjoy the potential spoils a bit longer or while in relatively better health situation. Example: you have N btc, then 0.5N (or 0.7N) is what you want to spend. If you start at 60, maximum lifespan is probably 30 years, give or take, therefore, starting at 61st birthday, and each year afterwards spend/cash out 0.017 of your stash (1.7%). This number would go to 3.4%/year if you don't want to leave 50% to descendants. |
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JayJuanGee
Legendary
Online
Activity: 1932
Merit: 1815
How much alt coin diversification is needed? 0%?
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February 05, 2018, 01:45:44 AM |
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Nonsense. You are perverting a good meme with bad ideas. nope! if the weak hands are empty the price will rise. don't be a weak hand! Fair enough. I suppose that I had a more favored use of that particular meme... but upon reading your explanation, your use of the meme works, too.. so my word choice of "perverted" may have been too much.. I suppose I have been reading too many "me too" news stories, recently. I am in agreement that HODL and BUYDL positions seem to be decent ones within our current price range..... gosh we are still floating around 60% retracement from $19,666 down to $8k-ish.... buy on the way down, good advice, but if you run out of money because you already bought, then likely the next best practice would be to HODL. Yeah, they want your coins.. they want your coins, but really bitcoin does not seem to be overpriced in this price range.. especially, if you consider a longer term investment and including continuing to buy if the price were to go lower (that is if you have any money for such). |
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Biodom
Legendary
Offline
Activity: 1988
Merit: 1238
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February 05, 2018, 01:46:03 AM |
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Use your heads guys.
The same people that bought at any price to send it through the roof are now dumping continually to get the price down to nothing.
I'll give you a clue who they are. They own all the world's banks and print money for fun.
They saw bitcoin as a threat....they are taking it out as you watch.
I call BS. If they do it, then their precious stock and bond markets collapse, so they would end up losing (as a group) many fiat trillions. Would they do it anyway? I have no idea, maybe they are stupid as a whole. They were in 2000, when they tried to prickle the biotech "bubble" and collapsed the techs, then Nasdaq and then the whole stock market. |
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jojo69
Legendary
Online
Activity: 1428
Merit: 1778
no FOMO
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February 05, 2018, 01:47:26 AM |
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going to have to eat a beloved chicken soon
fiat exhausted
please...capitulation...?
uncle
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micgoossens
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February 05, 2018, 01:51:24 AM |
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@+- 1 hour i’m gonna be diving into the sea .... BTC my friend do not “ I SAY DO NOT” follow me , go the other direction thanks and all be checking you in a few hours  |
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Wolf Rainer
Legendary
Online
Activity: 1848
Merit: 1009
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February 05, 2018, 01:58:16 AM |
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Tomorrow WallStreet will keep dumping, so the BTC will pump hard.
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Nosk
Member
Offline
Activity: 112
Merit: 31
http://www.isittimetobuybitcoin.org/
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February 05, 2018, 02:00:43 AM |
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Damn... such a drop, going for +1month straight... Its been a while. I think the recovery will be long. With all the optimism I can deploy, I would say maybe 15k usd by the end of the year. (Or less...)
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Biodom
Legendary
Offline
Activity: 1988
Merit: 1238
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February 05, 2018, 02:01:28 AM |
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Here is a theory.
Hedge funds are selling crypto because they feel a large correction is coming in stocks and they need cash to defend their stock positions, especially tomorrow.
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criptix
Legendary
Online
Activity: 1932
Merit: 1074
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February 05, 2018, 02:11:44 AM
Last edit: February 05, 2018, 02:22:57 AM by criptix |
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Here is a theory.
Hedge funds are selling crypto because they feel a large correction is coming in stocks and they need cash to defend their stock positions, especially tomorrow.
na, not really: http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/Guys, we are still BEFORE the big bubble. |
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RoomBot
Legendary
Offline
Activity: 1498
Merit: 1092
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February 05, 2018, 02:33:22 AM |
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ehrmagerd BTC < 8K  |
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Ted E. Bare
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February 05, 2018, 02:34:32 AM Merited by JayJuanGee (1) |
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Who's selling at these prices and why?
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HairyMaclairy
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February 05, 2018, 02:36:20 AM |
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going to have to eat a beloved chicken soon
fiat exhausted
please...capitulation...?
uncle
Jojo. Don’t get bull trapped. This has not played out yet. We could go much much lower. Try to put yourself in a position where you have options whichever direction the price goes in. |
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FirstTimeInMining
Newbie
Offline
Activity: 20
Merit: 0
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February 05, 2018, 02:37:13 AM |
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Who's selling at these prices and why?
I sold short term at 8500 and bought at 8000, but I am gambling with money I can afford to lose. Now just waiting for the recovery of market. |
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jojo69
Legendary
Online
Activity: 1428
Merit: 1778
no FOMO
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February 05, 2018, 02:41:10 AM |
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going to have to eat a beloved chicken soon
fiat exhausted
please...capitulation...?
uncle
Jojo. Don’t get bull trapped. This has not played out yet. We could go much much lower. Try to put yourself in a position where you have options whichever direction the price goes in. too late for all that Imma have to go back to work...and I fear for that australorp back to carrying water and chopping wood... |
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