JimboToronto
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Activity: 4130
Merit: 4780
You're never too old to think young.
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October 30, 2017, 04:43:55 PM |
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A late and slightly hungover good morning Bitcoinland.
I see we're still over $6k despite the profit-taking/correction following yesterday's ATH... currently $6075USD/$7804CAD (Bitcoinaverage).
AltCash slipped a bit as well at $451USD/$578CAD (Coinmarketcap).
It would be nice if $6k was the new bottom but I'm not counting on that quite yet. Getting over $8kCAD was fun yesterday though. It's another milestone. This time last year we were looking forward to just getting back to $1k.
What a difference a year makes. Go Bitcoin go.
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pfrtlpfmpf
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October 30, 2017, 04:53:28 PM |
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ATH @ Kraken!
5311 €
Diz iz gentlemen!
False start to this rally, perhaps? 24 hours more of engine revving needed? Already broken! 5335 € now... I can't explain it, I just enjoy it... Great!!!! Wonderful!!!! But that is not the point of my question which may have been a slightly different topic regarding our seemingly pending and imminent rally, whether it is going to happen now, or take a bit longer to commence? Are we going to get to $6800 in the coming day or two or will it take us until next week before we arrive there? pfmpf, so little time, so much to do . . . C´m on bitcoin, do something  Joking aside, i´m for a slow and steady rise, otherwise we´ll come into the radar of goverments, and such, to quickly. But we´ll have to step on some toes anyway, on the way. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 30, 2017, 05:24:35 PM |
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The slower it goes up right now, the more bullish it will be later.
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soullyG
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October 30, 2017, 05:30:21 PM |
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The slower it goes up right now, the more bullish it will be later.
Exactly, even if we drop to $5k now it's still bullish as fuck because we're establishing support for extra fuel on the next rise  |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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October 30, 2017, 06:25:32 PM |
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The slower it goes up right now, the more bullish it will be later.
Exactly, even if we drop to $5k now it's still bullish as fuck because we're establishing support for extra fuel on the next rise It's almost as if we're just building another rocket platform... Side note: Anyone else remember when a 10K walls were normal? https://twitter.com/francispouliot_/status/924739943842435072 |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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October 30, 2017, 06:42:26 PM |
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Made a fortune on alts, lost it all shorting Bitcoin? |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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October 30, 2017, 06:46:25 PM |
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Today a colleague of mine came to me and asked: so what will you be doing for the upcoming November fork? I said: I will hold. He looked at me and he asked again. I replied: I will hold. He was a bit frustrated after that answer and he asked once more: come on, stop it, what does it mean to hold? I replied: Oh yeah sorry, my bad. I said: I will HOOODL. He probably tought I'm crazy and he walked away.  Go BTC go! |
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pfrtlpfmpf
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October 30, 2017, 06:52:21 PM |
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Made a fortune on alts, lost it all shorting Bitcoin? Shorting ? Alts and Bitcoin hedge each other ( i mean, only serious alts) ! Crypto in general, has only one way to go. Guess, which one ! |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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October 30, 2017, 07:06:48 PM |
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Shorting ? Alts and Bitcoin hedge each other ( i mean, only serious alts) !
The guy's short got liquidated for $48M. It smells of the nouveau riche, and alts seem like the most likely source of said new wealth. I could be wrong in my assumption of course. |
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pfrtlpfmpf
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October 30, 2017, 08:11:00 PM
Last edit: October 30, 2017, 09:47:10 PM by pfrtlpfmpf |
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Shorting ? Alts and Bitcoin hedge each other ( i mean, only serious alts) !
The guy's short got liquidated for $48M. It smells of the nouveau riche, and alts seem like the most likely source of said new wealth. I could be wrong in my assumption of course. Man, what a ride. At the beginning of the year, i got a giant push with my alts, then went into bitcoin with half of my crypto-portfolio (it just was a bowel sensation, more than knowledge), and now i´m contemplating about "Cryonics" at Alcor (only my head, the rest of my body will be taken care of by "biohacking" anyway, and it´s just a few hundred thousand dollars, didn´t ask for how long . . .) It seems, my problems only just startet, what if nobody wants to see me in a hundred years? Guess i don´t care ! Though, proper SUVs are nice too ! |
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Rosewater Foundation
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October 30, 2017, 08:48:32 PM |
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At least some of us have our priorities in order. |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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October 30, 2017, 09:01:43 PM |
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Someone either has enough money not to give a shit, or is considering taking in the views from tall buildings or bridges.
A $48M margin call is just fucking brutal either way you slice it.
Suicide? Sure, $48M is a fair amount of scratch. But in the end it's only money. Hardly worth ending a life over. Or maybe you were making a commentary on someone engaging in such risky financial behavior may be an adrenaline junkie, and may be looking for the thrill of physical heights?
Tangential, but a decent piece on evil wall street: https://rantt.com/this-is-why-bankers-keep-getting-away-with-fraud-fb0a0ccbb6fb |
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bitcoinPsycho
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Activity: 2604
Merit: 2349
$120000 in 2024 Confirmed
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October 30, 2017, 09:15:13 PM |
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bitcoins are running low .its going up again |
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pfrtlpfmpf
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October 30, 2017, 09:28:50 PM |
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At least some of us have our priorities in order. At this tempo, i´ll do both. Didn´t think about the order yet ! |
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
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October 30, 2017, 09:49:10 PM |
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Did I miss it? Is bitcoin a part of "crypto?" What is crypto?  |
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pfrtlpfmpf
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October 30, 2017, 10:16:11 PM |
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Did I miss it? Is bitcoin a part of "crypto?" What is crypto? Not new for you, but everyone, who jumps on this thread NEW, deserves the truth served again, no? Anyway, who asked you ? Nobody asked you to watch here 24/7. Is this your thread ? Calm down, and say: I´m not bitcoinforumgod, i´m not bitcoinforumgod. Just a humble suggestion. Damn, i knew it ! |
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pfrtlpfmpf
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October 30, 2017, 10:31:06 PM |
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Did I miss it? Is bitcoin a part of "crypto?" What is crypto? Not new for you, but everyone, who jumps on this thread NEW, deserves the truth served again, no? Anyway, who asked you ? Nobody asked you to watch here 24/7. Is this your thread ? Calm down, and say: I´m not bitcoinforumgod, i´m not bitcoinforumgod. Just a humble suggestion. Damn, i knew it ! You´re an arrogant, selfcentered, but intelligent individual, so i´m awaiting a humble (which is a sign of intelligence) reply. Thank you. |
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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October 30, 2017, 11:14:36 PM |
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I think Trezor should cap the time limit function to 24 hours, or even less, and not keep doubling the seconds or time. What if you are like the author, who legitimately owns the device? Although you should make sure to have a proper backup, not some orange paper that can be thrown away by an "evil maid". In the meantime, if the trezor was stolen by a thief, he still can't "brute force" the PIN code in any reasonable amount of time.
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bones261
Legendary
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Activity: 1806
Merit: 1828
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October 31, 2017, 12:13:23 AM
Last edit: October 31, 2017, 12:24:03 AM by bones261 |
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Made a fortune on alts, lost it all shorting Bitcoin? The person did in on Bitmex. If he had 100x leverage, he only lost USD $480K. If he did 25X leverage, he only lost 1.92 Million. Still, a lot of money. Judging from the amount of the rise yesterday, he probably had it on at least 15x leverage, which would be 3.2 million. I could be wrong though. He could have had lower leverage and has had the short open for quite sometime, and lost more money. If that were the case though, he should have cut his loses long ago. |
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