jojo69
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diamond-handed zealot
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July 10, 2019, 03:57:47 AM |
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infofront (OP)
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Shitcoin Minimalist
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July 10, 2019, 04:11:06 AM |
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^That's pretty badass
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10785
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 04:12:02 AM |
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I envy those that can actually trade the short term waves with enough consistent certainty to make a better long term profit than just holding. I'm not sure I've ever actually met one of those mythical traders, they might be unicorns. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If aiming realistically and conservatively, it doesn't take a unicorn to do that. I guess more than a few such people are reading and writing these very pages. It doesn't even take a WO peep (well, just as a brainwasher maybe). Case in point: JJG's mom could do that almost in her sleep, but decided not to be bothered cause she prefers to enjoy life. If you can learn the difference between a bear market and a bull market (hint: we are in a bull market) then you can trade for a profit. Dollar cost average in in a bull market. Dollar cost average out in a bear market. If you can’t tell the difference, then sit on your hands. This is the opposite of JJGs advice because you buy on the way up and sell on the way down. The difference is JJGs system doesn’t require you to make a judgment call. Mine does. ...which has made me very, very rich....... it's not yours until that profit is taken and taxes paid (if you live in a jurisdiction with cap gains taxes). Wall street refers to a large profit of a lucky individual investor as "a loan". A deviation to the upside in most cases is followed by a deviation to the downside. Taking a large profit and/or not playing at all after deviation to the upside is the only way to beat the odds, IMHO. The problem is WHEN to take such large profit. In AMZN you had to wait more than 20 years to get the 'full" benefit. IMHO, Bob's strategy was brilliant: get in very low, then take out a large enough chunk to matter, ride the rest, at least for a while. Are you trying to ruin dee moo, Biodom? If a person has value in an investment, whether bitcoin or otherwise, there can also be some freeing up of other money/value... or at least freedom to spend money in other locations, whether in a bank account or other resources, because he knows that he has the value in the investment, such as bitcoin. Of course, he can make adjustments to the value on the investment depending upon the hypothetical time that he is going to cash it in, or even to have some tentative reservations of the value based on not knowing exactly when the investment is going to be liquidated. Real property tends to be much more cumbersome to liquidate than a 401k, and gold would likely be difficult too, absent having some avenues of liquidation. Bitcoin seems to be much more easy to liquidate, even though some of the liquidation avenues might change from time to time, including the fact that bitcoin is only 10 years old, so liquidation avenues have changed during that time too.. so one of the costs of maintaining bitcoin could be having some ideas about what liquidation avenues might be available for amounts chosen to liquidated and when.
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sirazimuth
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born once atheist
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July 10, 2019, 04:13:50 AM |
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yeah, but back then in sixties, the difficulty was like minus 50. Oh wait a minute....
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Biodom
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July 10, 2019, 04:24:36 AM |
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I envy those that can actually trade the short term waves with enough consistent certainty to make a better long term profit than just holding. I'm not sure I've ever actually met one of those mythical traders, they might be unicorns. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If aiming realistically and conservatively, it doesn't take a unicorn to do that. I guess more than a few such people are reading and writing these very pages. It doesn't even take a WO peep (well, just as a brainwasher maybe). Case in point: JJG's mom could do that almost in her sleep, but decided not to be bothered cause she prefers to enjoy life. If you can learn the difference between a bear market and a bull market (hint: we are in a bull market) then you can trade for a profit. Dollar cost average in in a bull market. Dollar cost average out in a bear market. If you can’t tell the difference, then sit on your hands. This is the opposite of JJGs advice because you buy on the way up and sell on the way down. The difference is JJGs system doesn’t require you to make a judgment call. Mine does. ...which has made me very, very rich....... it's not yours until that profit is taken and taxes paid (if you live in a jurisdiction with cap gains taxes). Wall street refers to a large profit of a lucky individual investor as "a loan". A deviation to the upside in most cases is followed by a deviation to the downside. Taking a large profit and/or not playing at all after deviation to the upside is the only way to beat the odds, IMHO. The problem is WHEN to take such large profit. In AMZN you had to wait more than 20 years to get the 'full" benefit. IMHO, Bob's strategy was brilliant: get in very low, then take out a large enough chunk to matter, ride the rest, at least for a while. Are you trying to ruin dee moo, Biodom? If a person has value in an investment, whether bitcoin or otherwise, there can also be some freeing up of other money/value... or at least freedom to spend money in other locations, whether in a bank account or other resources, because he knows that he has the value in the investment, such as bitcoin. Of course, he can make adjustments to the value on the investment depending upon the hypothetical time that he is going to cash it in, or even to have some tentative reservations of the value based on not knowing exactly when the investment is going to be liquidated. Real property tends to be much more cumbersome to liquidate than a 401k, and gold would likely be difficult too, absent having some avenues of liquidation. Bitcoin seems to be much more easy to liquidate, even though some of the liquidation avenues might change from time to time, including the fact that bitcoin is only 10 years old, so liquidation avenues have changed during that time too.. so one of the costs of maintaining bitcoin could be having some ideas about what liquidation avenues might be available for amounts chosen to liquidated and when. dee moo??? I guess it's "the mood"... People here are mostly "drunk" with their 10-100X gains and think that it would continue, essentially, forever (until btc is 1-10mil). I wouldn't mind that at all, but I give this scenario maybe 10% probability. Much more likely is the next peak at 35-300K (most likely around 150K), followed by a multiyear proper whooping. What if such whooping will end up not the usual 80-85%, but 95% lower? 200k back to 10k? A proper teeth gnashing would ensue and most people would sell, most likely closer to the lows than highs. I had this experience before (when Internet boom turned to bust). There were literally no bids for some stocks. Could it happen with bitcoin? I don't know. however, for now, you are right, let's enjoy dee moo.
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infofront (OP)
Legendary
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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July 10, 2019, 04:42:16 AM |
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Observing 13K being broken shattered again...
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bkbirge
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July 10, 2019, 04:43:17 AM |
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Gotta love the mad scientist geniuses. That's so beautiful you get my last merit.
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WinslowIII
Member
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July 10, 2019, 04:45:17 AM |
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I envy those that can actually trade the short term waves with enough consistent certainty to make a better long term profit than just holding. I'm not sure I've ever actually met one of those mythical traders, they might be unicorns. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If aiming realistically and conservatively, it doesn't take a unicorn to do that. I guess more than a few such people are reading and writing these very pages. It doesn't even take a WO peep (well, just as a brainwasher maybe). Case in point: JJG's mom could do that almost in her sleep, but decided not to be bothered cause she prefers to enjoy life. If you can learn the difference between a bear market and a bull market (hint: we are in a bull market) then you can trade for a profit. Dollar cost average in in a bull market. Dollar cost average out in a bear market. If you can’t tell the difference, then sit on your hands. This is the opposite of JJGs advice because you buy on the way up and sell on the way down. The difference is JJGs system doesn’t require you to make a judgment call. Mine does. ...which has made me very, very rich....... it's not yours until that profit is taken and taxes paid (if you live in a jurisdiction with cap gains taxes). Wall street refers to a large profit of a lucky individual investor as "a loan". A deviation to the upside in most cases is followed by a deviation to the downside. Taking a large profit and/or not playing at all after deviation to the upside is the only way to beat the odds, IMHO. The problem is WHEN to take such large profit. In AMZN you had to wait more than 20 years to get the 'full" benefit. IMHO, Bob's strategy was brilliant: get in very low, then take out a large enough chunk to matter, ride the rest, at least for a while. Are you trying to ruin dee moo, Biodom? If a person has value in an investment, whether bitcoin or otherwise, there can also be some freeing up of other money/value... or at least freedom to spend money in other locations, whether in a bank account or other resources, because he knows that he has the value in the investment, such as bitcoin. Of course, he can make adjustments to the value on the investment depending upon the hypothetical time that he is going to cash it in, or even to have some tentative reservations of the value based on not knowing exactly when the investment is going to be liquidated. Real property tends to be much more cumbersome to liquidate than a 401k, and gold would likely be difficult too, absent having some avenues of liquidation. Bitcoin seems to be much more easy to liquidate, even though some of the liquidation avenues might change from time to time, including the fact that bitcoin is only 10 years old, so liquidation avenues have changed during that time too.. so one of the costs of maintaining bitcoin could be having some ideas about what liquidation avenues might be available for amounts chosen to liquidated and when. dee moo??? I guess it's "the mood"... People here are mostly "drunk" with their 10-100X gains and think that it would continue, essentially, forever (until btc is 1-10mil). I wouldn't mind that at all, but I give this scenario maybe 10% probability. Much more likely is the next peak at 35-300K (most likely around 150K), followed by a multiyear proper whooping. What if such whooping will end up not the usual 80-85%, but 95% lower? 200k back to 10k? A proper teeth gnashing would ensue and most people would sell, most likely closer to the lows than highs. I had this experience before (when Internet boom turned to bust). There were literally no bids for some stocks. Could it happen with bitcoin? I don't know. however, for now, you are right, let's enjoy dee moo. Aaaaand you'd be wrong. The only way bitcoin doesn't continue it's upward trend is if the governments of the world find a way out of the fiat debt crisis that's been dug. I'd say the odds of that are https://www.youtube.com/watch?v=2V3CfD8TPac
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rebal15
Jr. Member
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July 10, 2019, 04:45:51 AM |
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deepcolderwallet
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July 10, 2019, 04:54:11 AM |
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The yearly high will be break this July (voted already) but the ATH will possibly be break in the last quarter. Another great day for us again, Bitcoin is again bullish and this could again surprise us when we wake up tomorrow. Big push happened today, over $12K now, soon we will touch $13k again and will push through a higher price before correction would again take place.
Confirmed.
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sirazimuth
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born once atheist
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July 10, 2019, 04:55:07 AM |
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Ancient news dude( in crypto time) ...scroll back a few pages.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10785
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 05:15:08 AM |
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[edited out]
dee moo??? I guess it's "the mood"... People here are mostly "drunk" with their 10-100X gains and think that it would continue, essentially, forever (until btc is 1-10mil). Well, when it comes to my own representations, I am not counting future potential profits as if they were in the bank, so if you ever read my calculations of profits or even my calculations of what I plan to do, I largely base my assessments of my doing good based on progress that has already been made or current price rather than projections of future price, which in my mind are far from a given, but we can still anticipate that past bullish price performance (especially recent bullish price performance) has made the odds of UPwards price movement to become much more likely than they were previously. For example, few of us had expected over a 3x upwards BTC price movement in less than 3 months, and even after such 3x price movement occurred, many of us were bracing ourselves for a possible 50% price correction or even greater, but again we are back above $13k.. which is even more bullish than we had anticipated... so those price movements, and even the more than $1,500 price increase in the past 48 hours should provide some comfort regarding bullish scenarios and even negating some bearish scenarios, even though the vast majority of us realize that there is almost nothing that is a given, except for the price movement that has already happened, and surely we have cause to celebrate what has already happened, in spite of what might happen, good, bad or ugly. I wouldn't mind that at all, but I give this scenario maybe 10% probability.
Again, I don't know what you are saying exactly, because some of the representations made were based on price movements that already occurred, and I think that if we label a price target, and in your example it was $1million to $10million, I doubt that anyone was banking on those kinds of numbers any time soon in the next several years. Some guys have been talking about $50k and $100k, and even that is merely a set of probabilities in the coming years, rather than a given.... so sure it is one thing to be drunk with gains that have already been made, and another thing to bank on future gains. If the gains have already been made, then they could be cashed out today or surely they run a risk of losing value, so I doubt that any guy is oblivious to those kinds of risks by keeping a decent amount of value in BTC. Much more likely is the next peak at 35-300K (most likely around 150K), followed by a multiyear proper whooping.
O..k. Perhaps. You are not really saying anything different than any other bullish person in this thread, are you? And, you might even be placing higher odds on achieving such numbers? Seems like a lot of us have difficulties putting exact expectations on such numbers, or even an exact timeline, but there remains decent comfort to see BTC to continue to perform with upwards bullishness and good news that continues to make those kinds of numbers seem reasonable, even in the next few years, if not sooner (like tomorrow... just kidding). What if such whooping will end up not the usual 80-85%, but 95% lower? 200k back to 10k? A proper teeth gnashing would ensue and most people would sell, most likely closer to the lows than highs.
O.k. that seems to be in the realm of possible expectations too... but I would imagine that most would tentatively conjecture that future corrections might not be greater than 85%... but of course, we have to be prepared for larger extremes, which likely most long term bitcoiners already have been through that drill several times and realize that it is something to prepare for both financially and psychologically. I had this experience before (when Internet boom turned to bust). There were literally no bids for some stocks. Could it happen with bitcoin? I don't know.
I think that we know that, but recent BTC price performance has still been very good, and even news about BTC fundamentals has continued to be very good, too... so a lot of the bullishness has been aligned, even though bad scenarios can happen.. which is not the current state that we find ourselves. however, for now, you are right, let's enjoy dee moo.
That's the spirit!!!!!! We should be in a time of excitement and thrill regarding where we are at. Of course, we can prepare for negative, which always should be the case, but currently, we are in a very good situation.. with prices bouncing above $13k, even if prices correct to $7k in the coming months, there seems to be ongoing upwards and seemingly bullish BTC price pressures, at the moment.
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Cryptotourist
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July 10, 2019, 05:33:39 AM |
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I thought that you were ignoring me (and or hating on me) ... so a bit surprised that you engaged.. since the last time you engaged with me, was filled with a decent amount of slanders thrown in my direction.... hahahahaha
Far from it there JJG. I don't just hate people for nothing - even if I slander a little - & certainly don't put anyone on ignore either. An old friend once told me (sure I've seen it in some movie also), "I wish I had fucked more, & taken care of my teeth more." Needless to say I try to follow his advice. # I must not chase gap ups. ~
Thank you for the morning giggles. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) # Mornigzzz WO fuckers! Observing $13xxx. Fuck yeah!
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serveria.com
Legendary
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Activity: 2352
Merit: 1189
Privacy Servers. Since 2009.
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July 10, 2019, 05:36:34 AM |
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A message from the future: I’ve had about 5 bottles of Prosecco on my own. My harem is fast asleep. Trying to stay still & quiet. Been snorting coke off the asses of hookers in the lambo since 8pm I totaled the lambo an hour ago. Gotta buy a couple more tomorrow. The replacement hookers are included ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) My last merit goes to you. This shit is just too funny... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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VB1001
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Merit: 2540
<<CypherPunkCat>>
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July 10, 2019, 05:45:00 AM |
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Off topic:I opened a thread in Serious discussion> Cypherpunks - 1992 https://bitcointalk.org/index.php?topic=5163467.0It is dedicated to the Cypherpunk Movement in which there are some outstanding members of Bitcointalk. Of course, I would like you to publish your opinion or your anecdote if you identify with them. I think it will be an interesting thread, I will update the content with more information. Thx.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10785
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 05:48:13 AM |
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I thought that you were ignoring me (and or hating on me) ... so a bit surprised that you engaged.. since the last time you engaged with me, was filled with a decent amount of slanders thrown in my direction.... hahahahaha
Far from it there JJG. I don't just hate people for nothing - even if I slander a little - & certainly don't put anyone on ignore either. An old friend once told me (sure I've seen it in some movie also), "I wish I had fucked more, & taken care of my teeth more." Needless to say I try to follow his advice. O.k. Fair enough. regarding fucking and taking care of teeth, I might share those sentiments, but not together with you at the same time... because I am not interested in meeting any of you fuckers... intimately or otherwise. Regarding fucking as well, I am interested in hookers, lambos and blow mostly because it sounds good; however, so far in life I have not directly paid for chicks but I do understand that any nice girl likes to be treated to a good meal that might end up being costly for her but not so much for me, which I enjoy such, too... I might substitute lambos for other nice transportation and LFC caused me to realize that I really don't know what I would do with blow because I would not like to put my longevity or health at risk, so I am not too interested in going down that path, even if I have a lot of money to spare, so I may have to substitute in the blow category, too... and accordingly, it seems that everything is a substitute, even though hookers, lambos and blow sounds so good when you say it or even when you think it.
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kenzawak
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July 10, 2019, 05:49:25 AM |
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Good morning guys ! It seems like it's really a good one since we're over 13k again. An AYH by the end of the day ?
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10785
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 05:55:38 AM |
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Good morning guys ! It seems like it's really a good one since we're over 13k again. An AYH by the end of the day ?
Define "end of day"
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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July 10, 2019, 05:58:22 AM Last edit: July 10, 2019, 06:14:14 AM by HairyMaclairy |
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I must not chase gap ups. ~
Thank you for the morning giggles. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I bought the gap up. No choice but it’s only small. I have given up trying to find an entry position so am slowly dollar cost averaging into a reasonably large long position over the next three months, buying a little long every day.
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