OROBTC
Legendary
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Activity: 2940
Merit: 1865
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August 25, 2018, 12:32:33 AM |
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Anyone parking their retirement funds in this at this stage is a twat.
I am a twat. Twat #2 checking in.  If 1% of my net is in BTC (if 1% counts), then Twat #4 dropping by. If someone only has 1% in Bitcoin, then the downside is very limited. Should BTC go to, say, $40,000, then that 1% changes to around 5%. That risk:reward profile looks pretty good to me. |
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infofront (OP)
Legendary
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Activity: 2660
Merit: 2866
Shitcoin Minimalist
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August 25, 2018, 01:09:10 AM |
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1% of my wealth is a peanut and some questionable deli meat.  Ah, the ol' Mike Tyson retirement plan. |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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I’m no longer sure I want to be part of the 1%. I've been through the desert on a horse with no name.  |
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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August 25, 2018, 01:33:36 AM |
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lightfoot
Legendary
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Activity: 3206
Merit: 2291
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 02:07:52 AM |
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Pump baby, PUMP!  |
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lightfoot
Legendary
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Activity: 3206
Merit: 2291
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 02:11:47 AM |
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1% of my wealth is a peanut and some questionable deli meat. It wasn't that long ago when a good chunk of my net worth depended on the amount of gas in my car.... |
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Bitcoinaire
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August 25, 2018, 02:32:17 AM |
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Is this considered a weekend pump?
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lightfoot
Legendary
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Activity: 3206
Merit: 2291
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 02:36:04 AM |
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Possibly.
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Bitcoinaire
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August 25, 2018, 02:44:53 AM |
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**cracks open another coors light**
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lightfoot
Legendary
Offline
Activity: 3206
Merit: 2291
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 03:47:17 AM |
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*cracks open another tank of Nitrous*
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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August 25, 2018, 03:50:10 AM
Last edit: August 25, 2018, 04:01:15 AM by HairyMaclairy |
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I copped some slight heat for calling a local bottom yesterday. But I think the thesis still stands with a local target of $7200 - $7300. Then pucker.  Update - still calling for a local target of $7200, to be followed by a burning sensation.  |
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1465
Clueless!
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August 25, 2018, 04:06:31 AM |
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I’m no longer sure I want to be part of the 1%. I've been through the desert on a horse with no name. Would it not be nice to see something like from where we were to 6k ....then go to 7k...meander a month or two ..then 8k...just kinda plug along 1k every 2 or 3 months would be the first time BTC would show the 'illusion' of normalcy IMHO....(ah. if wishes were fishes..we'd all be wet!) |
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JayJuanGee
Legendary
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Activity: 3906
Merit: 11198
Self-Custody is a right. Say no to"Non-custodial"
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August 25, 2018, 05:42:34 AM |
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Well we had an "okayish" day yesterday, which means that we are basically doing red green green red green and all at the same range 6200 - 6500 so now please let's break the 7k price... because I am getting a little tired of these candles, I hope we will overtake 6800 by tonight, or at least settle above 6600.
CONGRATULATIONS!!!!!!!!!!Your "hope" has come true. |
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JayJuanGee
Legendary
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Activity: 3906
Merit: 11198
Self-Custody is a right. Say no to"Non-custodial"
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August 25, 2018, 05:44:11 AM |
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The market's not reacting to anybloodything. Sideways 'price action' for a fortnight. Nobody wants to buy it. Nobody wants to sell it.
Much more money to be made trading legacy.
You are starting to sound like rosewater. The implication being that, because rosewater is so smart, you are starting to sound so smart, too. Thanks for noticing Jay.  Something like that.   |
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JayJuanGee
Legendary
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Activity: 3906
Merit: 11198
Self-Custody is a right. Say no to"Non-custodial"
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August 25, 2018, 05:49:36 AM |
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So we've had a quadruple bottom in the 6000-5700 range since the ATH.
Who else (beside me) is still unconvinced this is a solid support?
Surely, it is NOT a bad situation to be in. We had nearly an 80x price appreciation between late 2015 and late 2016 and then we had about a 2/3rds correction that caused BTC prices to bounce back and forth down to the lower end of the range for more than 6 months... And by the way, even the bottom of the correction seems to have allowed more than 20x price appreciation from 2015... NOT a bad place to be, even though my portfolio is not at 20x, and it is more in the 8x arena... Price could go lower, but surely not a bad place to be... and not even clear that bearwhales can bring the price lower than it's approximate $5,777 most recent bottom... even if they try harder. Indeed today feels a little bit like June 7...
Of course, down hopium is going to say that. |
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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August 25, 2018, 06:12:30 AM |
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hopium
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JayJuanGee
Legendary
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Activity: 3906
Merit: 11198
Self-Custody is a right. Say no to"Non-custodial"
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August 25, 2018, 06:14:35 AM |
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Mmm opening WO, and first thing to see Just an Arrow UP thats what i like Not only an arrow up but the ONLY option. And now with the call light on - which I thought was important. I also used #FF9900 as the base colour - which is Bitcoin orange. CCMF!!!  Wouldn't it be nicer with a translucent bitcoin logo in the middle of the orange? |
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