arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 05, 2017, 09:27:27 PM |
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that wall at stamp is getting pretty steep. i'm calling another push down.
What wall? well, more the general slope to get over 12000 USD... http://www.bitcoinity.org/markets?theme=dark
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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December 05, 2017, 09:49:03 PM |
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No mansion for me, more like a a hobbit house
but off the grid, hell yeah
You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself? By the way, we all gonna be fucked if prices reach $111k, so better have enough coins. I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked...
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2017, 09:50:52 PM |
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Guys, just hanging at these levels is freaking amazing.
When we broke up out of the year long log channel it could have been a blow off spike...but it's not.
Sure, it will go up and down...but 11K is a reality now. We have been up here for 3 days, and the volatility isn't even that bad, just slowly melting up.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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December 05, 2017, 09:51:20 PM |
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Tether being discussed on Bloomberg.
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BTCMILLIONAIRE
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December 05, 2017, 09:55:20 PM |
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Guys, just hanging at these levels is freaking amazing.
When we broke up out of the year long log channel it could have been a blow off spike...but it's not.
Sure, it will go up and down...but 11K is a reality now. We have been up here for 3 days, and the volatility isn't even that bad, just slowly melting up.
3 days? It felt like two weeks to me. Damn I have no sense for time.
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 05, 2017, 09:57:36 PM |
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No mansion for me, more like a a hobbit house
but off the grid, hell yeah
You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself? By the way, we all gonna be fucked if prices reach $111k, so better have enough coins. I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked... currently, i'd have... uh... about 1k USD if the price went to 111k. by all means, let the price climb... just, slowly, ok? let me trade and accumulate a bit. i swear, an illegal loan shark is looking more and more tempting these days...
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 05, 2017, 09:58:31 PM Last edit: December 05, 2017, 10:09:01 PM by HairyMaclairy |
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Tether being discussed on Bloomberg.
I have read Bitfinexed’s critique of the Friedman audit of Bitfinex. It’s pretty clear that Bitfinexed has no experience of interpreting audit reports and is going at completely the wrong issues. That said, Bitfinex has done a piss poor job of managing the issue. It should publish monthly transparency reports at the least, and those reports should be signed off by Friedman. So it only has itself to blame. And attempting to sue people rather than improve its reporting practices is a bad sign.
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Higher Altitude
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December 05, 2017, 09:59:50 PM |
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Guys, just hanging at these levels is freaking amazing.
When we broke up out of the year long log channel it could have been a blow off spike...but it's not.
Sure, it will go up and down...but 11K is a reality now. We have been up here for 3 days, and the volatility isn't even that bad, just slowly melting up.
3 days? It felt like two weeks to me. Damn I have no sense for time. Time dilation happens when you are traveling at the speed of Bitcoin
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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December 05, 2017, 10:15:40 PM |
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Living of the grid, what does that mean?
Living completely alone?
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2017, 10:17:02 PM |
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Living of the grid, what does that mean?
Living completely alone?
self sufficiency, no hookups to government or corporate utilities, dealing with your own power, water and poop
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BTCMILLIONAIRE
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December 05, 2017, 10:21:28 PM |
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Guys, just hanging at these levels is freaking amazing.
When we broke up out of the year long log channel it could have been a blow off spike...but it's not.
Sure, it will go up and down...but 11K is a reality now. We have been up here for 3 days, and the volatility isn't even that bad, just slowly melting up.
3 days? It felt like two weeks to me. Damn I have no sense for time. Time dilation happens when you are traveling at the speed of Bitcoin Does time even exist anymore? Bitcoin is faster than light!
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 05, 2017, 10:23:01 PM |
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Guys, just hanging at these levels is freaking amazing.
When we broke up out of the year long log channel it could have been a blow off spike...but it's not.
Sure, it will go up and down...but 11K is a reality now. We have been up here for 3 days, and the volatility isn't even that bad, just slowly melting up.
3 days? It felt like two weeks to me. Damn I have no sense for time. Time dilation happens when you are traveling at the speed of Bitcoin Does time even exist anymore? Bitcoin is faster than light! yea, uh... no. i wish.
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WhatsBitcoin
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December 05, 2017, 10:24:03 PM |
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No mansion for me, more like a a hobbit house
but off the grid, hell yeah
You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself? By the way, we all gonna be fucked if prices reach $111k, so better have enough coins. I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked... currently, i'd have... uh... about 1k USD if the price went to 111k. by all means, let the price climb... just, slowly, ok? let me trade and accumulate a bit. i swear, an illegal loan shark is looking more and more tempting these days...
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 05, 2017, 10:25:25 PM |
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and why did you quote me? *shifty eyes*
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2017, 10:25:30 PM |
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oooh, nice wall at 12K on GDAX
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BTCMILLIONAIRE
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December 05, 2017, 10:30:58 PM |
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No mansion for me, more like a a hobbit house
but off the grid, hell yeah
You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself? By the way, we all gonna be fucked if prices reach $111k, so better have enough coins. I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked... currently, i'd have... uh... about 1k USD if the price went to 111k. by all means, let the price climb... just, slowly, ok? let me trade and accumulate a bit. i swear, an illegal loan shark is looking more and more tempting these days... What kind of interest do they charge? lol
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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December 05, 2017, 10:32:31 PM |
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ooooh, will 11620 hold?
the suspense is killing me
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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December 05, 2017, 10:32:59 PM |
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No mansion for me, more like a a hobbit house
but off the grid, hell yeah
You saying that because you don't have enough bitcoins or because you don't want to draw attention to yourself? By the way, we all gonna be fucked if prices reach $111k, so better have enough coins. I mean, we gonna be so fucked in the head from RICHes that we gonna have some difficulties figuring out spending, diversification, security.. and some fucking ass new standards that are out of our regular comfort zone... so gotta kind of tentatively start planning, so we not be so shocked... currently, i'd have... uh... about 1k USD if the price went to 111k. by all means, let the price climb... just, slowly, ok? let me trade and accumulate a bit. i swear, an illegal loan shark is looking more and more tempting these days... What kind of interest do they charge? lol no idea. but hey, this is bitcoin. they could charge 200% and, depending on length of term, we'd beat it.
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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December 05, 2017, 10:36:31 PM |
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Real question:
Would anyone here really be that sad if by Dec 2018 we were only at say, $12-13k?
Are people's expectations getting ridiculous now considering the hella run up we had this year?
What if we were around $5k by the end of 2018? The long termers should still be good, no? The ones who bought later, might be scrambling a bit, unless they already planned for various possibilities, including downwards. Even $5k is not seeming too likely, but if we go shooting up to $18k or something like that, we could thereafter correct 80% or something like that and hover around those territories for a decent amount of time, no? 80% off of $18k would be in the $3600 arena, which even though extreme, does not seem unreasonable or outside of reasonable exuberant market movements, no?
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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December 05, 2017, 10:38:59 PM |
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Real question:
Would anyone here really be that sad if by Dec 2018 we were only at say, $12-13k?
Are people's expectations getting ridiculous now considering the hella run up we had this year?
What if we were around $5k by the end of 2018? The long termers should still be good, no? The ones who bought later, might be scrambling a bit, unless they already planned for various possibilities, including downwards. Even $5k is not seeming too likely, but if we go shooting up to $18k or something like that, we could thereafter correct 80% or something like that and hover around those territories for a decent amount of time, no? 80% off of $18k would be in the $3600 arena, which even though extreme, does not seem unreasonable or outside of reasonable exuberant market movements, no? It would be terrible to only have 8 times what I originally started with. Sob sob. How will I eat? Well, it would legitimately suck for me, but for different reasons than purely financial ones.
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