LFC_Bitcoin
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#1 VIP Crypto Casino
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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
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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
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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
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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
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Self-Custody is a right. Say no to"Non-custodial"
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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
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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
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diamond-handed zealot
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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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El duderino_
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BTC + Crossfit, living life.
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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
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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
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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
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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
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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
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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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Degenerate bull hatter & Bitcoin monotheist
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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
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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
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diamond-handed zealot
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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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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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February 05, 2018, 02:41:47 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. Hi that’s great advice. I am still in accumulation phase. I triggered some capital gains when I sold coins bought in 2013. I have started buying back lower with profits but the price has continued to fall. I think that if I liquidate my new position on the last day of the tax year in my country, then I can offset trading losses against capital gains tax, and use the funds I have set aside to pay taxes to rebuy the following tax year (a few hours later). Obviously timing is critical.
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RejectedBanana
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I am a banana.
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February 05, 2018, 02:42:02 AM |
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Who's selling at these prices and why?
More importantly, who's not buying at these prices and why?
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