Cryptotourist
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February 22, 2020, 03:22:24 PM |
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Dr. Craig please.  I can only wonder, if jbear was a segregated witness, to this priceless moment in time.
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Ibian
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February 22, 2020, 03:34:49 PM |
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remember there was that statistic about 50% of peeps having difficulties coming up with $400 for an emergency, so to own .012BTC, which may represent several thousands of dollars of value, free and clear, will still likely be out of touch from many normies who plan to fail by failing to plan.
back in the day i lived paycheck to paycheck and sometimes not even that (but i always worked). a slice of bread with peanut butter was a feast (but made sure my cat was better fed than i was, my cat also had vet visits, while i had no insurance for doctors.. tough it out was the motto). electricity for lighting was paradise as i would regularly have mine shut off. thankfully candles were cheap and i could walk to the library for books. i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much. Rags to riches to rags. Only people able to make their own money are fit to inherit it. The richest man in Babylon is on youtube, and it is worth the while for anyone who care about their kids and grandkids.
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hodl_2015
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February 22, 2020, 03:38:24 PM |
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[...] I needed to involve myself in other new side projects [...]
I kept the btc but continued the BTFD practice on TSLA stock, and did well. If this crypto-winter lasts any longer, I may be forced to look for a 3rd project.
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VB1001
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<<CypherPunkCat>>
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February 22, 2020, 03:47:38 PM Merited by vapourminer (1) |
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i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.
Many people who have received large sums of money end up ruined quickly. Your prayer makes a lot of sense, when money is earned with effort, control of superfluous spending is deeply analyzed before executing it.
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dragonvslinux
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February 22, 2020, 04:02:21 PM |
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$9770, the 61.8 fib retracement is a crucial make or break moment imo. Above it, we'd be clear to $11,577, below it, we'd look go return to the 0.5 at $8501 (as well as 50 Week MA).  Regardless, even falling back down to the 0.382 at $7,231, where the 100 Week MA is priced (as well as $4 off from the hash ribbons buy signal), would still be bullish. Needless to say, we are still very much in an uptrend.
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cAPSLOCK
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February 22, 2020, 04:14:07 PM |
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I think BTC is going to rise.
The legendary rpietila.fixed that for you The once legendary rpietila. very sad but fuck off. OK thanks you got me into monero, then you robbed a lot of people. Why arent people like this banned. Big shame, the fallen hero from my view. Fuck off then fuck off again. We all do have our fallen Hero's  Not worth any attention if they robbed you actually I'm very lucky the game was too complicated for me to understand really. There were lots of promises, but in researching "how to" I found a darker side that warned me off. Some people just stuck in a hole and stuff. Others were not so lucky and we are talking big money here, especially in today terms. Then an effective exit scam/ more empty promises to repay stuff never fulfilled. Unbelievable excuses such as fire, robbery, flood, bird flew away with paper wallets etc. all in about a week. Big shame I would not touch that silly game with a 10 foot pole. It reeked of everything off about risto. A game where he sets himself up as king and creates all these guilded hoops for his followers to jump through. I had private conversations with some of the active BCT Monero community via PMs here about my concerns about both how it looked, and the potential to be an exit scam. I was sorry to see so many people ripped off by a madman. And also sorry to see the descent of the madman himself. He was/is(?) pretty nutty, but he saw things early. Too bad he was sucked into various chemical traps...
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jojo69
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diamond-handed zealot
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February 22, 2020, 04:32:23 PM Last edit: February 22, 2020, 05:14:48 PM by jojo69 |
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such chemical traps
bird flew away with the keys
the dolls are on dope
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d_eddie
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February 22, 2020, 04:47:31 PM Merited by JayJuanGee (1) |
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King of The Kingdom seems to be alive and well Risto Pietilä
#haiku
Dragon, no? castle burning down omnipotent deluded chemical dragon
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bitserve
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Self made HODLER ✓
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February 22, 2020, 04:53:05 PM |
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King of The Kingdom seems to be alive and well Risto Pietilä
#haiku
Dragon, no? castle burning down omnipotent deluded chemical dragon Bleh. What I REALLY want to know is if the "castle" was insured and if the insurance did pay.
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willope
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February 22, 2020, 04:55:04 PM |
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🚖 Taxis called Uber a "bad idea"
🏨 Hotels called Airbnb a "bad idea"
It's simple, they're afraid.
Uber IS a bad idea. And Airbnb also. Why? Because they're centralized entities. A decentralised version of these two companies would be a great idea. In fact it would be easy to do it with smart contracts on blockchain.
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vapourminer
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what is this "brake pedal" you speak of?
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February 22, 2020, 05:25:54 PM Last edit: February 22, 2020, 07:43:09 PM by vapourminer Merited by JayJuanGee (1) |
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i kinda feel that you need to be able to live poor before you can live rich. although taking the short cut to rich could be nice one may not appreciate it as much.
Many people who have received large sums of money end up ruined quickly. Your prayer makes a lot of sense, when money is earned with effort, control of superfluous spending is deeply analyzed before executing it. pretty much this. once i dug myself out of that dark time i made sure that, at every step that i could, i had a secondary plan to fall back on. it taught me so much. its second nature now. long ago i saw a magazine ad that showed an elderly lady looking sadly at her oil tank gauge (for oil heat for those who may not get it) that was registering basically empty. whoever did the ad captured the look on her face perfectly. at that second i vowed my wife would never be that woman. i can still picture that image and that was decades ago. its why im so careful to have fallback positions.
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VB1001
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<<CypherPunkCat>>
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February 22, 2020, 06:04:58 PM |
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^ Seeing the elderly in this situation is really sad.
Parents, schools and universities have to educate young generations financially.
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jbreher
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lose: unfind ... loose: untight
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February 22, 2020, 06:21:52 PM |
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Dr. Craig please.  I can only wonder, if jbear was a segregated witness, to this priceless moment in time. Hey, I _do_ at least get that that is a WTF moment. OTOH, What, Me Worry? I was vacationing elsewhere. I guess that means that I had already segregated myself.
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Phil_S
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We choose to go to the moon
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February 22, 2020, 06:29:45 PM |
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Many people who have received large sums of money end up ruined quickly.
Yeah, if they suddenly received a million dollars they start living like they'll get a million dollars every year. Wages is all they know.
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jojo69
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diamond-handed zealot
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Last of the V8s
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Be a bank
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February 22, 2020, 06:49:59 PM |
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Last of the V8s
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Be a bank
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February 22, 2020, 07:03:14 PM |
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OutOfMemory
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Man who stares at charts (and stars, too...)
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February 22, 2020, 07:20:26 PM |
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Have been reading it this morning about Italy and some villages/cities on lockdown... Is that for real?
Yes. Forget the lockdown you saw in China, but yes, some villages are on “limited lockdown”. I think it is a more “strong moral suasion” to stay at home rather than a true ban (in Italy we have laws, contrary to China). BREAKING: Italy orders mass closures after #coronavirus cases quadruple. Officials ordered schools, public buildings, restaurants and coffee shops to close. The emergency measures come as a cluster of new COVID19 infections emerged, including some who had not been to China (DW) https://twitter.com/howroute/status/1230970101828071430?s=20True. But limited to some of the villages. I don’t know if it happened also elsewhere, but situation is quickly escalating and I see (read) panick in the streets. Trains being blocked, Chinese people being attacked and beaten on the streets. Link in Italian: https://www.quotidiano.net/cronaca/coronavirus-psicosi-torino-1.5041421Covid19 at the gates? Venetia is not far from my home, and there are carneval events until mid next week with many north-italian visitors taking place. Mankind is still too dumb to control an outbreak this big. I bet this will shake the economies quite intensively in the near future.
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Biodom
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February 22, 2020, 07:27:16 PM Last edit: February 22, 2020, 07:39:37 PM by Biodom |
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Most here don't get the emerging medium term big picture.
Sadly, it would probably go along the lines of masterluc- that "Vanga" could be right again, but not for any "fundamental" reasons. I expect a sharp drawdown in many assets including both stock markets and btc, maybe even gold, somewhere between now and late March.
After that, a recovery would start, maybe even reaching back to 10K or thereabout at the halving. Still, kept all btc (since I am not good at re-entering), increased treasury bills position (sold 67% of equities).
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