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fabiorem
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April 12, 2018, 03:38:01 PM |
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Only millionaires and billionaires can save the bitcoin price now.
Dont expect the average Joe for it. They all bailed out in the first 5% drop months ago.
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El duderino_
Legendary
 Offline
Activity: 2492
Merit: 12001
BTC + Crossfit, living life.
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April 12, 2018, 03:41:42 PM |
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Only millionaires and billionaires can save the bitcoin price now.
Dont expect the average Joe for it. They all bailed out in the first 5% drop months ago.
only millionaires and billionaires on this forum and other forums and twitter and....  |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 03:43:58 PM |
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Well, our asses are real sore right now at Casa Lawblaw.
Just got our tax work finished, and we owe mid six figures for FY17.
I hear ya man. Same boat here. I drew down enough for a lambo in Dec. Unfortunately, a the time I didn't draw down enough for the taxes. Now I'm having to sell 3x the stash that I would have at the time. Grr. Poor planning. Or faith in a mistaken indicator. I was watching days-to-double. Either it is a bad indicator, or I don't know how to use it. Grr. Taxation is theft, goddamnit.
Agree. Unfortunately, the thieves have guns. More than I do. And radios - radio waves travel faster than cars or even bullets. Grr. Again. |
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dimitriaustralia
Newbie
Offline
Activity: 154
Merit: 0
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April 12, 2018, 03:46:57 PM |
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Guys, your reasons for the continuing downtrend are all wrong.
It's pretty simple.
1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.
2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.
3. Whale(s) massively short sell/dump in one go. Ending bull run. Whale mega money then sits on sidelines.
4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.
5. Average Joes finally lose interest. Sell at bottom.
... and then... eventually... (*we are not there yet*)...
6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.
There are no "reasons". There are no plausible "FUD". Its just the way it goes.
Truth! The elites share/ part of the crypto market will be more concentrated than the current flawed fiat system. |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 03:51:37 PM |
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Haha! quote from article: "Japan started seeking its own rare-earth metals after China held back shipments in 2010 during a dispute over islands both countries claim". Delicious. |
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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April 12, 2018, 03:57:12 PM |
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Welcome to the club!  +5 WOsMerits Love that Medusa artwork as well...thanks. ---------------------------------------- Bitcoin That was pleasant to watch. Bitcoin has surged over $1000 to breakout over $8k on a nice hourly candle. Currently testing the support/resistance area between $7.6k and $7.8k.  Two random lines converge.  The huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.
Good morning $btc We stood on a hill and looked downwards..  #dyor #btfd #cryptouplift |
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BTCMILLIONAIRE
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April 12, 2018, 03:59:21 PM |
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Yes I would suspect the MAOI interacted with something to cause to SS. I might not have followed the preparation diet as strictly as I should have, especially considering the giant dose I was given which measured about 1 Liter when I now see that most people drink about a small teacup's worth. In addition, I have a genetic SNP called the "warrior gene" which already impairs my MAOA function.
By the way, in the indigenous culture, ayahuasca is not actually MAOI + DMT. It is strictly the Caapi plant (the MAOI) which has the name Ayahuasca. Other additives, such as a DMT source, or other things, may or may not be added. Most of the time they were not and it was just the Caapi. Also, in most healing ceremonies it was actually just the shaman who drank in order to channel energies to the patient and the patient did not even drink. I learned all of this after the fact. So apparently all us tourists are being taken for a ride.
I did not get ill with my current condition until 2 years after this event, so I'm not sure how I would bring up a correlation with my doctor, unless I want to hear that I'm suffering from a somatized PTSD disorder. Actually I'd be curious to do a SPECT scan of my brain and see if anything died.
I was aware that it was usually just the shaman drinking, but I had no idea that it was originally just about the MAOI. I thought that the caapi on its own didn't even have any real effects, at least nothing comparable to any psychedelic. But whatever makes money I guess. It does seem to be hardwired to supply what people demand. If I wasn't so sure $100k was right around the corner I would probably be a bit irritated by this.
Which corner? |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 04:10:29 PM |
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yttrium, europium, terbium and dysprosium, never heard of any of them lol.
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btcone111
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April 12, 2018, 04:11:59 PM |
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I'll do my best to be bearish for you. <snip>
As a permabull, I'll make an even more bearish statement. In Bitcoin's history, there has never been a downtrend reversal and start of a new bull run, without first pursuing a major stop loss hunt and major long liquidation. Never. So take that for what it's worth.  Not sure there would be any major long liquidation anymore to be honest. Anyone not selling at $6K will probably not sell at $2K or below. I won't. |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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April 12, 2018, 04:12:19 PM |
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yttrium, europium, terbium and dysprosium, never heard of any of them lol.
guess he never worked with a YIG oscillator |
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fabiorem
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April 12, 2018, 04:16:27 PM |
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Not sure there would be any major long liquidation anymore to be honest.
Anyone not selling at $6K will probably not sell at $2K or below.
I won't.
Only the whales will sell below $6k. The panicked newbies are already out for a long time. They can dump as much as they want. I will be ready to buy when it touches $4k. |
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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April 12, 2018, 04:19:45 PM |
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The huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.
Someone told me shorts are piling up to near ATH? INB4 mega short sqeeze!  |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 04:24:01 PM |
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There's nothing like the smell of rekt shorts in the morning  That doesn't mean what you think it means  |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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April 12, 2018, 04:33:34 PM |
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show's over folks
back to work
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 04:40:05 PM |
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There's nothing like the smell of rekt shorts in the morning  What ever happened to @SorosShorts? Might be an apropos time for a reappearance. |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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April 12, 2018, 04:52:56 PM |
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I have a hard time believing that. What about Dec - like the 7th or so? Went from ~$13000 to ~$20000. On lower volume? |
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dimitriaustralia
Newbie
Offline
Activity: 154
Merit: 0
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April 12, 2018, 04:53:54 PM |
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+5 WOsMerits Love that Medusa artwork as well...thanks. ---------------------------------------- Bitcoin That was pleasant to watch. Bitcoin has surged over $1000 to breakout over $8k on a nice hourly candle. Currently testing the support/resistance area between $7.6k and $7.8k. https://i.imgur.com/qNS8x3I.jpgTwo random lines converge. https://i.imgur.com/EmQHkEC.jpgThe huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.
Good morning $btc We stood on a hill and looked downwards.. https://i.imgur.com/OlDcpF6.jpg#dyor #btfd #cryptouplift Bitcoin written to be 11K in 7 days! Manipulation is accurately planned for 7 days. |
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btc2mars
Member
Offline
Activity: 108
Merit: 10
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April 12, 2018, 04:55:14 PM |
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Welcome to the club!
Love that Medusa artwork as well...thanks.
----------------------------------------
Bitcoin
Bitcoin written to be 11K in 7 days! Manipulation is accurately planned for 7 days. No please, we need a slow healthy increase. Not another one to a bubbly peak |
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B1tUnl0ck3r
Sr. Member
Offline
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
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April 12, 2018, 04:57:15 PM |
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for those who want a quick review of pompeo hearing ( https://bitcointalk.org/index.php?topic=3309971.0) i did it myself... it's trashy, but very close to what I felt... anyway, I think the short squeeze was the cia... anything to contradict? just pushing some OPM for fun . sad and dangerous for those who masterfully playing the short side... state actors should be banned from ALL markets, and with instant death penalty for any violation... because I understand that to make money to play with OPM and specially unlimited tax basis is fun, but for the beauty of the game, it's disgrace... why isn't state intervention tolerated in nfl but in all trading things, they are alwasy fucking it for at least one side (and that's generally the best outcome). opinions? |
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