TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 11, 2018, 12:18:19 AM |
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 Waiting for someone to call this my bear chart. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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January 11, 2018, 12:20:19 AM |
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I think the old codger lost his edge. Missed crypto, doesn't understand it. Feels a bit butt hurt.
He doesn't care and doesn't have to. Horses for courses. |
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the_electronrancher
Jr. Member
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Activity: 112
Merit: 4
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January 11, 2018, 12:28:23 AM |
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So do we expect any action on/around Jan 26th when the first January futures contracts expire? Opinion?
They're settled in cash daily, right? So the fireworks have already taken place. Might be a bit of funny business, though - I am also interested to see what action takes place. |
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vladimir21
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January 11, 2018, 12:28:53 AM |
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Btc won't stop or won't go down because there is a big hunt for 1 trillion marketcap. At 1 trillion btc will be probably worth around 20-25k
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lightfoot
Legendary
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Activity: 3108
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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January 11, 2018, 12:35:43 AM |
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Just to be clear, for BW do you have to have done something stupid in order to collect?
C
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 11, 2018, 12:40:06 AM |
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Just to be clear, for BW do you have to have done something stupid in order to collect?
C
PoS system. Proof of Stupidity. |
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CookieFactory
Member
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Activity: 118
Merit: 19
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January 11, 2018, 12:41:17 AM |
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Feels manipulated as hell. Whales shook the tree and weak hands dropped bitcoin. Now here we go...
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 11, 2018, 12:44:01 AM |
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Btc won't stop or won't go down because there is a big hunt for 1 trillion marketcap. At 1 trillion btc will be probably worth around 20-25k
These market caps are a joke. I can wipe millions of dollars of value from a shitcoin by dumping a few thousand dollars worth. Anytime you can move a market cap with 1000x leverage, the market cap is not real. |
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strawbs
Legendary
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Activity: 868
Merit: 1340
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January 11, 2018, 12:52:19 AM |
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Btc won't stop or won't go down because there is a big hunt for 1 trillion marketcap. At 1 trillion btc will be probably worth around 20-25k
These market caps are a joke. I can wipe millions of dollars of value from a shitcoin by dumping a few thousand dollars worth. Anytime you can move a market cap with 1000x leverage, the market cap is not real. Market cap has always been a useless indicator, not just in crypto but in more traditional markets too. Of course all of the coins/shares/commodity cannot be sold at the current price. I really wish there wasn't so much focus on market cap, it's such a meaningless figure. |
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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January 11, 2018, 01:05:59 AM |
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It's the only metric they have. When you have a large percentage in volume, then the marketcap can be "real", even though you know you can't sell it all. In Bitcoins case, there's about 4 million BTC that is never going to move; perhaps more.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 11, 2018, 01:25:10 AM |
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Is there any site that charts price velocity over time?
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 11, 2018, 02:03:13 AM |
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Great thank you. Even if I feel dirty going there. |
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xhomerx10
Legendary
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Activity: 3836
Merit: 7986
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January 11, 2018, 02:14:11 AM |
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Great thank you. Even if I feel dirty going there. Just close your eyes and think of England. Works for me  |
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infofront (OP)
Legendary
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Activity: 2632
Merit: 2780
Shitcoin Minimalist
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January 11, 2018, 02:21:14 AM |
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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January 11, 2018, 02:40:49 AM |
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What is that picture in that article? An old mother board with a memory module crammed in a pci slot and some burned up video card? |
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xhomerx10
Legendary
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Activity: 3836
Merit: 7986
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January 11, 2018, 03:24:54 AM |
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bitserve
Legendary
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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January 11, 2018, 03:30:41 AM |
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So congrats, and just fucking cash out a little more so you can keep riding this wave without remorses with the rest of your (huge) stash.
Ok. Extracted just north of $1M @ $14,500 USD/BTC. Once the wire hits my account, I'll load up for round 2. Great. Now you have also bought some additional time to reconsider your position and next steps... using only a small part of your stash. Wherever the price goes now you did the right thing in the path of balancing your portfolio and securing your (wealthy) retirement. |
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