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JayJuanGee
Legendary
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 04, 2018, 10:06:19 PM |
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Nailed the last 3 polls so I'm fairly certain that I'll be wrong this time 6-6.5k
I hope that you are wrong, this time, but I am willing to accept (financially and psychologically) such seeming price stagnation and ongoing price consolidation, if such mediocrity remains in the short-term BTC cards.
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crypmike
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September 04, 2018, 10:11:08 PM |
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One moment is still confusing me... That we didn't see a V-shaped bottom, the final panic sell
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Hueristic
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Activity: 3948
Merit: 5349
Doomed to see the future and unable to prevent it
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September 04, 2018, 10:13:42 PM |
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There was a dip? Anybody know if there is any place to get 10x and 20x leverage? Okcoin doesn't seem to have it anymore Bitmex does 100. All the long/short rekts published (among others) by Boblawlaw are just a coincidence Go big or Go home. Bitmex is shady as fuck. I still trade there but seriously? Overloaded cancelling? Seriously? All that profit and they can't get better hardware? Also that insider trading and of course its based in Seychelles... SHADY AS FAAAAUCK LOL, yeah it is! I was making a joke.
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El duderino_
Legendary
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Activity: 2646
Merit: 12953
BTC + Crossfit, living life.
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September 04, 2018, 10:14:43 PM |
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^ Only a small one... but Many noticed iT ^^ Wouldn’t be the most scared people be out mostly..... or is there still a judgement hammer to fall uppon us
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Hueristic
Legendary
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Activity: 3948
Merit: 5349
Doomed to see the future and unable to prevent it
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September 04, 2018, 10:19:37 PM |
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^ Only a small one... but Many noticed iT ^^ Wouldn’t be the most scared people be out mostly..... or is there still a judgement hammer to fall uppon us LOL, just enough to keep CNBC retards screwed. Haha
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Torque
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Activity: 3696
Merit: 5276
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All I know:... bitcorn is a trillion times better than Amazon
Umm, Wat? Apples and Hammers. Yep. One is massively over valued and being subsidized by the U.S. govt and CBs in exchange for spying on users and selling their private data... The other one is... er, ok I got nothing
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El duderino_
Legendary
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Activity: 2646
Merit: 12953
BTC + Crossfit, living life.
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September 04, 2018, 10:22:32 PM |
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One of my best friends tells me again today “should i buy IOTA cause Reading much good of it” the Guy ownes a precentage of BTC but to low amount against his shitcoin holdings..... i sayed not knowing to much of IOTA but i’m not holding iT and told Him to increase his BTC holdings but Yeah they think its gonna go way faster with the HOT cheap alts
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 04, 2018, 10:44:38 PM |
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ETH tanking badly, now 0.0388 BTC.
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JayJuanGee
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 04, 2018, 10:48:00 PM |
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Poll reset Missing 1BTC=1BTC option Yeah right. That is missing the subject matter of this thread, which has to do with dollar price tracking of bitcoin. I am in considerable agreement that folks who recognize the fundamentals of bitcoin should strategically be attempting to accumulate bitcoins and to take profits in bitcoin - however, we are very far from a world in which we do not need to consider fiat valuations.. and anyone who attempts to completely ignore fiat value and ramification including a very likely fact that a considerable number of the bills and expenses of a large majority off people is valued in fiat, those folks are living in fantasy landia rather than dealing with our current real world bitcoin situation. On a recent Bitcoin podcast, I had heard one of the hosts of the podcast spouting out about only valuing bitcoin, which in my view, as I just mentioned, really takes the value of bitcoin matter to a pie in the sky extreme, which likely misleads people into taking extreme behaviors, even though there is a considerable amount of value to recognize that less valuable currencies and method of payments should be spent first (in accordance with Gresham's law principles), before spending sound money, such as bitcoin... but since in the coming many years (5- 10 years is not unreasonable) bitcoin is likely to remain so price volatile, there are going to be short-term periods in which the less valuable means of payment, such as fiat, are going to hold value better than bitcoin.
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mastrox92
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September 04, 2018, 11:21:50 PM |
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Poll reset Missing 1BTC=1BTC option in fact the missing option is: 1BTC=100,000,000 Satoshi
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 04, 2018, 11:27:43 PM |
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The small swings are getting a little wilder - faster and somewhat jittery. Does it mean anything? What's cooking? I hope it isn't the mammoths stirring.
I closed my long time short w/decent profit and reopened it, a smaller position at a somewhat lower (worse) level. I also opened a long ladder, 2J's style (JJG and JB), at a much lower (better) level. Who knows why, on the short term it's the long position that's worrying me more. Call me paranoid.
Surely, you are going through a process of reconsideration of your previous BTC orders based on changing BTC circumstances; however, it seems that whenever a BTC investor/trader is playing with margin (whether short or long), there is going to be increased necessity to reconsider those positions from time to time, as compared with someone who is not working with margin. Another thing is that I personally "get your" reservations regarding whether BTC prices are actually going to continue to go UP or whether there may be some capable bearwhales who are ready, willing and able to cause disappointment for Bitcoin bulls and HODLers.
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Resumean
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Activity: 158
Merit: 10
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September 04, 2018, 11:40:55 PM |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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September 04, 2018, 11:44:19 PM |
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The first batch is already sold out... literally with Lightning speed ... this kind of thing is the future. Buy one, get a job with the company, buy shares in the company, build a competitor ... easy wins here.
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crypmike
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September 04, 2018, 11:59:01 PM |
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 05, 2018, 12:09:26 AM |
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This story has been in the news for almost 2 years and finally today they realize people's brains have been fried? Seems weird. I remember hearing a recording of the sound last year that was purportedly from an ultrasonic weapon, which is weird because by definition ultrasonic frequencies cannot be heard by human ears, then again nobody ever accused diplomats of being human. At least this time it isn't the Russians attacking Americans; just all the other communists The difference is we don't have a communist at 1600 Pennsylvania Ave anymore. I searched google for this story, and only found it in the esoteric "World News" section, three quarters of the way down the page. These commies tend to look out for one another. Instead of having a commie, we have a self-absorbed deluded Putin dick sucker? hahahaha.... Wonder which is better besides attempting to stay away from simplified overgeneralizations?
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JayJuanGee
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 05, 2018, 12:21:56 AM |
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There are currently a lot of shorts being placed on bitfinex at the moment, 50 percent increase after tether printed some 100m $ to bitfinex, I see these shorts being liquidated in the coming days and it's going to push the price of bitcoin to the 8500 to 9000 range before mid-month
Do you have any links to show what you are saying or to support your theory further? I take it that gist of your assertion is that you remain of the opinion that if the short ratio becomes very high, then there is an incentive to liquidate those shorts with upwards BTC price moves?
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 05, 2018, 12:24:05 AM |
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Die 7300 USD mark seems really hard to break.
We bounced off for the 3rd time already.
Perhaps, the harder that she breaks the more likely that she subsequently becomes support? Is this possible?
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Syke
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September 05, 2018, 12:41:36 AM |
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Wait, that's a $35 Pi and a $45 HD. A $99 product selling for $300. Suckers!
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10874
Self-Custody is a right. Say no to"Non-custodial"
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September 05, 2018, 12:44:36 AM |
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[edited out]
Thanks for your reply JJG though I only just saw it, I've been neglecting WO thread a little lately , missed many pages. I guess what I described in my previous post was only the kind of 'fiat gateway' part of my system (if it can be called a system). I rarely cash out to fiat unless there is a reason, eg paying for a car or paying off mortgage, extra funds for a holiday, investing in something outside crypto etc. I'm quite frugal and live within my means mostly without needing to cash in any crypto. Those sort of ideas start coming on my radar when bitcoin is on a crazy bull run spike. But my normal state is to HODL and not sell to fiat. I am much more likely to trade between bitcoin and a few other cryptos that I like, mainly Dash. Yes,,Dash sorry. Its a great asset though regardless of bad rep on this thread. As I said I have no stats to know what my dollar cost average is, due to my convoluted trading style. But I do know that I have cashed out more fiat value then I first put in, and my stack in btc terms has grown over that time too. edit: Just to add in case it wasn't clear, I wouldn't go all into fiat or even some big number as part of my trading strategy, I got into precious metals and cryptos as a way of getting my wealth out of fiat. I might cash out then but then buy gold if I was wanting out of crypto as an example. Even though I disagree with your apparent upward valuation of Dash, I merited your post because I appreciate that you provide a decent explanation that shows that you are attempting to find decent balances in your own strategy, which would also likely cause you to improve on your approach, from time to time. Even though on more than one occasion you mentioned that you don't have accurate numbers regarding your own profit level(s), I would suggest for your own good (rather than merely to boast about your profits, or lack thereof) that you would attempt to figure out whether there are ways for you to calculate your own numbers (whether on pieces of paper or on an excel spreadsheet), because one way to better understand the effectiveness (or lack thereof) of your own approach is to attempt to figure out how profitable it is as compared to other approaches that you might have taken or could take. Of course, there are likely ways that you can keep your calculations completely private or even to provide misleading numbers to anyone who might look at your numbers, but likely for your own attempts at self-improvement, it remains better to attempt to narrow in on some of your number particulars. For example, there have been times in which I have engaged in various trades, but my record keeping during that time was not very good; however when I went back to retroactively construct my records, I used various forms of approximation to attempt to accurately calculate what I actually did in order that I would be more clear in my own understanding of the effectiveness (or lack of effectiveness) of my system.
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