jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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July 10, 2019, 03:31:23 PM |
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One moment you're cruising comfortably over $13K, ...
Shit be crazy, yo.
Bring on the volatility. Nom nom.
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jojo69
Legendary
Online
Activity: 3318
Merit: 4597
diamond-handed zealot
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July 10, 2019, 03:45:58 PM |
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... the beavers who have set up a dam thats flooded several back acres on mine and my neighbors properties.
industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work.
That is awesome! Thanks for leaving space for the little guys.
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d_eddie
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Activity: 2646
Merit: 3461
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July 10, 2019, 03:49:47 PM |
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Relaying words.
What's the point of being Shelby's megaphone?
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JayJuanGee
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Activity: 3864
Merit: 10908
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 03:51:48 PM |
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What is your percentage of fiat? (by fiat, I mean fiat that is dedicated to buying crypto on dips or otherwise, not other fiat that you might have nor other fiat based investments that you might have)
I think my total right now is about 96% BTC, 3% fiat and 1% shitcoins..
95% properties & others, total fiat 0.5%, BTC 4.4%, Grin 0.1%. Have I ever mentioned that I'm semi retired already? Hopefully within the next couple of years, I'll buy that "King Bitcoin" yacht. My numbers are going to change if I were to add in my other investments, and sometimes I do not really look at them too closely in terms of doing a total roundup for this kind of discussion for this thread, yet more than 60% crypto related (and 96% within crypto is bitcoin), and 401k is around my biggest out of the non-crypto because I have been tryin to get out of properties for mobility and flexibility, even though i have some property interests too... and some other kinds of investments that provide mostly passive income... and no gold, silver or PMs at the moment... and now that I look at it, as I type, I see some of my round about numbers are off, too... so whether I need to particularize, even for myself would be some more work.
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JimboToronto
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Activity: 4158
Merit: 4789
You're never too old to think young.
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July 10, 2019, 03:55:02 PM |
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OMG I go for a nice soak in the bathtub and get out to see we had an $1100 correction/retrace. We're still over $12k though so I'm still calling a new AYH by the end of July. industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work.
Aren't beaver dams the reason Alfred Nobel invented dynamite? Half a stick does wonders.
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serveria.com
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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July 10, 2019, 03:58:53 PM |
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We boom upwards and its always pleasant, but the spikes down are just so F***ing fast always like 1K in minutes Who cares just buy the dip!
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fillippone
Legendary
Online
Activity: 2310
Merit: 16479
Fully fledged Merit Cycler - Golden Feather 22-23
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July 10, 2019, 04:02:11 PM |
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OMG I go for a nice soak in the bathtub and get out to see we had an $1100 correction/retrace. We're still over $12k though so I'm still calling a new AYH by the end of July. industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work.
Aren't beaver dams the reason Alfred Nobel invented dynamite? Half a stick does wonders. Nah, he did because he was in the construction business. Because of... drumrolls...money.
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JayJuanGee
Legendary
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Activity: 3864
Merit: 10908
Self-Custody is a right. Say no to"Non-custodial"
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July 10, 2019, 04:07:35 PM |
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Relaying words.
What's the point of being Shelby's megaphone? That's what I am saying... knowingly and purposefully posting of a banned member seems like it would be against the rules.. It's called ban evasion, and members who facilitate such might end up putting their own account(s) at jeopardy by serving as an agent of a banned member. Might have to start reporting these kinds of posts because it is not fair to the rest of us, and there have been several of these kinds of posts from shelby done by several members, even members who should know better.
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JimboToronto
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Activity: 4158
Merit: 4789
You're never too old to think young.
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July 10, 2019, 04:08:42 PM |
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Aren't beaver dams the reason Alfred Nobel invented dynamite? Half a stick does wonders.
Nah, he did because he was in the construction business. Because of... drumrolls...money. And the weapons industry (military-industrial complex). Even more money.
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infofront (OP)
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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July 10, 2019, 04:20:25 PM |
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jojo69
Legendary
Online
Activity: 3318
Merit: 4597
diamond-handed zealot
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July 10, 2019, 04:23:45 PM |
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65.4%
altpacolypse continues apace
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Globb0
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Activity: 2702
Merit: 2053
Free spirit
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July 10, 2019, 04:27:25 PM |
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That's' part of the story on why bitcoin is performing versus shitcoin. The money is flooding into crypto, main gateways into crypto is of course bitcoins, but contrary to what happened in last retail-led rallies, money is staying into bitcoin. Bitcoin is the only market where the liquidity (i am referring to bid/offer, market depth and reduced slippage) is guaranteed for this kind of investors. I can't see any reason why a fund manager would keep any shitcoin where value proposition is basically non-existent and liquidity is scarce.
I agree, most of the alts are indeed having their lunch eaten by the BTCiggest fish. There are scenarios which might plausibly be positive for alts: • Some alts could be included in 'baskets' of crypto once ETFs do finally appear. Top 20 Mcap ones, maybe? Everything else will be in the penny stocks section. Those out of the cut may not all end up dead, but the majority will be close to it. • The only other possible hope is retail FOMO with new punters of the 'I can't afford a whole bitcoin' ilk buying up potential 'next bitcoin' things and shiny alts. A rising tide raises all ships after all. Many alts can still boast healthy (recent) gains in USD terms. Some are already turning off the lights, and I guess that is really a good thing (not if you lost money) Needs a flush out. Where will be a safe haven? may drive more than 1 coin up a bit too.
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VanguardVale
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Activity: 66
Merit: 17
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July 10, 2019, 04:27:26 PM |
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With $13,000 as the new psychological barrier to the bull run, anything below it now is bear territory, and bulls will need to stay on their toes. However, if a deeper correction follows here, it could be considered extremely healthy for the first ever crypto asset.
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fillippone
Legendary
Online
Activity: 2310
Merit: 16479
Fully fledged Merit Cycler - Golden Feather 22-23
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July 10, 2019, 04:40:51 PM |
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Aren't beaver dams the reason Alfred Nobel invented dynamite? Half a stick does wonders.
Nah, he did because he was in the construction business. Because of... drumrolls...money. And the weapons industry (military-industrial complex). Even more money. That came later, I think his father moved to russia to work for the zars building naval mines. Why I know that? Because helped someone in his 5th grade doing a research on a chemistry genius. I made him add the following paragraph: (actual quote) On 27 December 1895, Nobel’s will allocated 94% of his total assets, 31,225,000 Swedish Kronor, to establish the Five Nobel Prizes. (This converted at the time to £1,687,837, but in 2012 it was equal to 3.1 billions of SEK or £ 284,890,00).
I just wanted to plant in this 8yo child mind that fiat money is actually a shitcoin as fiat money is deemed to lose value over time. "It's called inflation" The rest will follow. EDIT: So nice we ended an OT started with Drones and beavers dams talking about planting the idea of Bitcoin in an innocent children.
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Arriemoller
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Cлaвa Укpaїнi!
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With $13,000 as the new psychological barrier to the bull run, anything below it now is bear territory, and bulls will need to stay on their toes. However, if a deeper correction follows here, it could be considered extremely healthy for the first ever crypto asset. What is it with you n00bs and your obsession with corrections. Every time bitcoin goes down a dollar you all start screaming about "healthy corrections". Just shut the fuck up and enjoy the ride.
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sirazimuth
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Activity: 3514
Merit: 3607
born once atheist
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July 10, 2019, 04:43:43 PM |
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Later wo bros... Gonna go fly my drone now and spy on the neighbors. ....2nd thought, I'd better not. Drinking and drone flying not a good combo....
auto return/landing on low battery/signal loss for the win. lands right next to your passed out body. and spying on neighbors? for shame. of course all my neighbors have given me permission to fly over their property as need on the drones way to its main mission when needed. and of course telling the neighbors the drone is at their disposal for their own property inspection helps too. done some property perimeter runs and roof inspections here and there for them. programmed mine to do autonomous runs around my property via gps, good way to monitor seasonal (or man/animal made) changes. mainly i use it to monitor the beavers who have set up a dam thats flooded several back acres on mine and my neighbors properties. industrious little buggers , beavers. done a lot of flooding via their dams. natures engineers at work. JTBC... I don't spy on the neighbors. In sober hindsight, probably should have followed that post with a "j/k!" (Memo to myself...don't drink and post (or fly a drone, ftm.) My bad.) Besides the annoying dog barking, we (myself and neighbors) actually get on really well. He likes my drone too. He helps me out with yard work and I tip him bitcoin (my tips to him have since tripled in value too) Interesting to hear about the beavers on your property as I have a stream running through my property also and like 3 years ago it turned into a small lake due to beaver damming. It's since drained back to a stream and the beavers moved out. I suspected human intervention but as my property is no longer flooded, I didn't complain or ask questions. Huge fine for breaching a beaver dam around here so I didnt touch it.
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Saint-loup
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Activity: 2758
Merit: 2412
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July 10, 2019, 04:46:52 PM |
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We boom upwards and its always pleasant, but the spikes down are just so F***ing fast always like 1K in minutes Who cares just buy the dip!
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Zaanda
Newbie
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Activity: 18
Merit: 1
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July 10, 2019, 04:47:34 PM |
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Sold 90%, I hope it's the correct choice. I can't see it hitting over 12500 again in July at the very least. The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback. Could be a bad week from here on in.
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kurious
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Activity: 2590
Merit: 1643
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July 10, 2019, 04:50:06 PM |
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That's' part of the story on why bitcoin is performing versus shitcoin. The money is flooding into crypto, main gateways into crypto is of course bitcoins, but contrary to what happened in last retail-led rallies, money is staying into bitcoin. Bitcoin is the only market where the liquidity (i am referring to bid/offer, market depth and reduced slippage) is guaranteed for this kind of investors. I can't see any reason why a fund manager would keep any shitcoin where value proposition is basically non-existent and liquidity is scarce.
I agree, most of the alts are indeed having their lunch eaten by the BTCiggest fish. There are scenarios which might plausibly be positive for alts: • Some alts could be included in 'baskets' of crypto once ETFs do finally appear. Top 20 Mcap ones, maybe? Everything else will be in the penny stocks section. Those out of the cut may not all end up dead, but the majority will be close to it. • The only other possible hope is retail FOMO with new punters of the 'I can't afford a whole bitcoin' ilk buying up potential 'next bitcoin' things and shiny alts. A rising tide raises all ships after all. Many alts can still boast healthy (recent) gains in USD terms. I see the chances of an ETF with alts slimming considerably with the bloodbath we are seeing. Consider also that consequences of alts down performing BTC are bad because: - Alts downperforming reduces liquidity from markets, getting difficult to have reliable prices, and depth, that are fundamental for an ETF
- Akts downperforming means reduced hashing power, thus lower security on the alts, again, this is bad for institutional investors
Regarding the FOMO, this can always happen, but the case of getting long because of this is getting more and more ridiculous. I don't disagree, and I did cull most alts this spring - but I still was 55/45 BTC / Alts then... Now, due to altpocalypse? coinmaggeddon? fuck it - bloodbath... it's more like 65/35. I have traded to try and maintain value, but it's a bit late, with glorious hindsight. Emotional loyalty to one alt in particular - which was incredibly good to me, makes it tough to dump the lot. I thought it had bottomed. Now I am not so sure...
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Arriemoller
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Cлaвa Укpaїнi!
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Sold 90%, I hope it's the correct choice. I can't see it hitting over 12500 again in July at the very least. The traders on trading view mainly suggesting drops to mid 10's 9's or 8's this month before a temporary pullback. Could be a bad week from here on in.
The traders on trading view don't have a clue, they don't know what they are doing or what they are talking about. They are a bunch of wankers.
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