Raja_MBZ
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Activity: 1862
Merit: 1505
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July 16, 2019, 09:41:52 PM |
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This is some amazing work by Charles; first-ever 3D blockchain explorer for BTC.
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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July 16, 2019, 09:44:19 PM |
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Btw observing 10700, remember days without those two first numbers like it was yesterday, damn got here fast....
hahahahaaha You talk like you were really into bitcoin in the $700s... Is that true? Weren't you just barely getting into bitcoin in three digits? The reality of the matter is that we did not spend a whole hell of a lot of time in the $700s in 2016-ish Boy, I had my first BTC in the 350-ish zone Still gotte read the rest on my phone now .... O.k... fair enough... but I still would be speculating that it is going to be a bit difficult to get into bitcoin in the $350-ish zone and to be able to front-load... however, with $350, as opposed to $700, there was a considerably decent period of time in which to attempt to buy in that area.. even though probably the price in early 2016 tended to gravitate in the $400 area a lot more frequently during that particular consolidation period. On the other hand, I will concede that both $350 and $500 are kind of important price points in BTC's 2016 history.. and kind of the beginning of the bull market that was kind of then uncertain... especially in early 2016 and the breaking out above $500 in late May of 2016.
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Biodom
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Activity: 3906
Merit: 4373
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July 16, 2019, 09:45:47 PM |
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Did we had a senate hearing for Libra and the consequent shitshow in 2017? I missed the US president tweets about BTC in 2015...
/ironic mode off
They already had similar hearings on bitcoin in September/October 2013. Learned virtually nothing in those 6 years. Yet btc is about 15X of the price. 2025 Senate hearings quote: "Who is responsible for allowing bitcoin, which value is based on rarified Himalayan air (vacuum, zilch, nada) to reach into trillions of dollars?". /s
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gembitz
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July 16, 2019, 09:49:39 PM |
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+1 #psychedelic
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kurious
Legendary
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Activity: 2590
Merit: 1643
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July 16, 2019, 09:52:22 PM |
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What does the 2017 vs 2019 one look like now?
Irrelevant. It's normally a four year cycle, so we aren't in 2017, but we might be rhyming with 2015... Not really, these idiot traders like to paint the chart for fun. It's not organic, it's manipulated up and down. Maybe, but more likely institutional money with its eyes on Bitcoin thinks Libra is 'good' for BTC, so the onslaught against it (which is understandable from a nervous established system) looks 'bad' for BTC in their eyes. In fact Libra has little to do with Bitcoin, as Libra isn't really an investment, whereas Bitcoin patently is. Decentralised hard money is where it's at, not a new corporate run money system based upon a stablecoin tethered to fiat. What's the point: When the shit hits the fan, smart money wants hard money. Bitcoin is hard, uncensorable money. It will win. Every. Fucking. Time.
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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July 16, 2019, 09:54:16 PM |
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Well I did my part guys. Bought a whopping 0.1BTC. That should stop the rot.
Wishful thinking and delusions of grandeur.
Hey.. .do what you can do. I think that several of us might be playing around with those kinds of ongoing small numbers that also can add up to a lot of value in the process of stacking. I recall in about mid-to-late 2015, I was setting up my various buy and sell orders, and even playing around with $5 increments and I could only authorize myself to sell very small amounts, because some of my BTC portfolio had buy amounts that averaged something like $500 which was way more than the then BTC price of about mid $250-ish... so I authorized myself to sell such small amounts that were based on purchases that I had made that were sufficiently below the then BTC price. My then girlfriend would ridicule me on a regular basis that I was wasting my time with such small amounts of selling and then subsequently buying. I kept telling her that it adds up, and really I am practicing and also generating a kind of insurance that is based on several calculations that include the size of my total BTC portfolio and also how much I make on paper when the price goes up .. but in the end, the goal was to both provide downside insurance and to stack sats (even though such "stacking sats" expression was not then in vogue).
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gembitz
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July 16, 2019, 09:55:43 PM |
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Did we had a senate hearing for Libra and the consequent shitshow in 2017? I missed the US president tweets about BTC in 2015...
/ironic mode off
Libra futures going to shit? lol
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gembitz
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July 16, 2019, 09:57:10 PM |
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What does the 2017 vs 2019 one look like now?
Irrelevant. It's normally a four year cycle, so we aren't in 2017, but we might be rhyming with 2015... Not really, these idiot traders like to paint the chart for fun. It's not organic, it's manipulated up and down. Maybe, but more likely institutional money with its eyes on Bitcoin thinks Libra is 'good' for BTC, so the onslaught against it (which is understandable from a nervous established system) looks 'bad' for BTC in their eyes. In fact Libra has little to do with Bitcoin, as Libra isn't really an investment, whereas Bitcoin patently is. Decentralised hard money is where it's at, not a new corporate run money system based upon a stablecoin tethered to fiat. What's the point: When the shit hits the fan, smart money wants hard money. Bitcoin is hard, uncensorable money. It will win. Every. Fucking. Time. Libra-Tether pre-sales backed by tether!!..what could go wrong? lmfaooo
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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July 16, 2019, 10:05:20 PM |
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An interesting graph of a strange correlation between the drop in btc dominance in 2017 and searches in google: https://www.docdroid.net/dg7lL8W/bitcoin-stealth-phase.pdf#page=4Data suggest Bitcoin will continue to lead the current cryptocurrency industry bull market. When more public interest starts to pick up, it may be optional to diverse [divest] Bitcoin profits into other cryptocurrencies. Very debatable (at least). I am also curious on whether we would peak somewhere between now and 70ies OR go all the way to 90-95% in dominance. The major alt is faltering both economically and ideologically. In fact, VB recently proposed a strange hybrid of eth with "the fork". My conclusion: eth chain is blowing up in size and there are still years to go before they might even approach a solution. The size is already not manageable for a full node/regular user. Conclusion: the time to divest into current alts is probably never, but i don't dismiss beyond the horizon newcomers yet. On another side note that is more about BTC specifically, Biodom, when we were in the $10k-ish prices, weren't you waiting to buy more BTC in the $6.6k to $9k arena? So perhaps you put off buying some BTC on that particular price swing? How's that portion of your plan that speculates waiting for lower lows playing out? <snip> Still waiting, but I am fine with not buying and just hodling. I suppose that could work. Whatever floats your boat. Surely each of us has to find a kind of balance that makes us comfortable. Sometimes when the price is swinging back and forth, then I get a little irritated in terms of wanting to move my buy/sell orders in order that they will get triggered.. but if the price is moving continuously in one direction, I have no need to worry because a decent amount of orders are getting triggered (in the current price actions, my buy orders are getting sufficiently triggered), so if the price is moving a lot in one direction, sometimes there can be some second guessing about whether it could be prudent to space out the orders more in order to take more advantage of such rapid movement.. .. yet I had gotten burned too many times in the past by trying to play around with my orders in that regard, so I just learned to live with the system that I already established.. and not to stress too much about the intensity of the movement. Of course, if BTC prices were to get into the sub $5k arena, then I am surely going to have to consider whether I need to restructure some of my lower buy orders in order that I do not run out of money for buying... .. sub $5k does seem a bit unlikely but you never know.
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Ludwig Von
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July 16, 2019, 10:14:47 PM |
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Well I did my part guys. Bought a whopping 0.1BTC. That should stop the rot.
Wishful thinking and delusions of grandeur.
Hey.. .do what you can do. I think that several of us might be playing around with those kinds of ongoing small numbers that also can add up to a lot of value in the process of stacking. I recall in about mid-to-late 2015, I was setting up my various buy and sell orders, and even playing around with $5 increments and I could only authorize myself to sell very small amounts, because some of my BTC portfolio had buy amounts that averaged something like $500 which was way more than the then BTC price of about mid $250-ish... so I authorized myself to sell such small amounts that were based on purchases that I had made that were sufficiently below the then BTC price. My then girlfriend would ridicule me on a regular basis that I was wasting my time with such small amounts of selling and then subsequently buying. I kept telling her that it adds up, and really I am practicing and also generating a kind of insurance that is based on several calculations that include the size of my total BTC portfolio and also how much I make on paper when the price goes up .. but in the end, the goal was to both provide downside insurance and to stack sats (even though such "stacking sats" expression was not then in vogue). Yes, and even after my laddered sell/buy apprentiship I kept being careful not to put the stack at risk and also being happy with as I call it, "Dust collecting". After all, it makes 10% or something like that over a year... .
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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July 16, 2019, 10:35:09 PM |
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... but more likely jbreher ...
What The Fuck -- exactly -- are you insinuating, you yammering diarrhea-mouth? y u gett so worked up bout lil ting-il-lieees? Jeez, jbearbreher!! Well, if'n you're going to cast aspersions, you oughta be truthful, and ready to back up your gross invective. Anything less would be uncivilized. Largely, I think that I am fair enough to you, jbreher. No. Your attempt to deflect is forestalled. You are not wiggling out on this. You made a veiled accusation that I was in the employ of the US Government in order to derail any cryptocurrency progress. You tried to say it, while still giving yourself an out should you be called on it. Go fuck yourself, JJG. We agree to disagree. I believe that I am way too nice to you, and you believe that I am a BIG MEANIE. I disagree. What'd I tell you guys
Zero. You told us zero. HaHAHAHJAHAHA gotta agree with you on that part. Can we make up now, jbreher?
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Hueristic
Legendary
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Activity: 3962
Merit: 5383
Doomed to see the future and unable to prevent it
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July 16, 2019, 11:15:07 PM |
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Well, got verified at paxos in a day but i'll be damned if i gonna sell shit at these prices!
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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July 16, 2019, 11:27:54 PM |
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Well I did my part guys. Bought a whopping 0.1BTC. That should stop the rot.
Wishful thinking and delusions of grandeur.
Hey.. .do what you can do. I think that several of us might be playing around with those kinds of ongoing small numbers that also can add up to a lot of value in the process of stacking. I recall in about mid-to-late 2015, I was setting up my various buy and sell orders, and even playing around with $5 increments and I could only authorize myself to sell very small amounts, because some of my BTC portfolio had buy amounts that averaged something like $500 which was way more than the then BTC price of about mid $250-ish... so I authorized myself to sell such small amounts that were based on purchases that I had made that were sufficiently below the then BTC price. My then girlfriend would ridicule me on a regular basis that I was wasting my time with such small amounts of selling and then subsequently buying. I kept telling her that it adds up, and really I am practicing and also generating a kind of insurance that is based on several calculations that include the size of my total BTC portfolio and also how much I make on paper when the price goes up .. but in the end, the goal was to both provide downside insurance and to stack sats (even though such "stacking sats" expression was not then in vogue). Yes, and even after my laddered sell/buy apprentiship I kept being careful not to put the stack at risk and also being happy with as I call it, "Dust collecting". After all, it makes 10% or something like that over a year... . What do u mean 10% a year?
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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July 16, 2019, 11:28:10 PM |
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What does the 2017 vs 2019 one look like now?
Irrelevant. It's normally a four year cycle, so we aren't in 2017, but we might be rhyming with 2015... Not now rhyming with 2015. That one has been broken. It might be good news, but as I said before a few months ago, a too-strong rally at this stage might be bad news for the future. The reason is that exponential rises always trap a lot of late buyers at various levels on the way up, and it often means they are shaken out over a long bear phase. The shape of the chart puts new interim lows back on the map , and could delay any future ATH by some time.
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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July 16, 2019, 11:34:51 PM |
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... Of course, if BTC prices were to get into the sub $5k arena, then I am surely going to have to consider whether I need to restructure some of my lower buy orders in order that I do not run out of money for buying... .. sub $5k does seem a bit unlikely but you never know.
There is some good support at 6.4k , so sub 5k is not likely (and at least not until the middle of next year). If it gets under 5K , probably best to not look for a year or two. That would be the return of winter. Hopefully new support levels can be gradually built up in the next month or so. A new support above 7k would be a positive. Time will tell.
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El duderino_
Legendary
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Activity: 2660
Merit: 13006
BTC + Crossfit, living life.
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July 16, 2019, 11:35:29 PM Last edit: July 16, 2019, 11:54:30 PM by micgoossens |
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Just home from an exhausting evening so Will enter the HODLsleep very soon-ish
Though i’m curious where we going at, more looking like HM is getting what he’s predicting ....
Maybe good the baby bull market is taking its time to mature
Good night fellow WO’s
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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July 16, 2019, 11:37:50 PM |
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... but more likely jbreher ...
What The Fuck -- exactly -- are you insinuating, you yammering diarrhea-mouth? y u gett so worked up bout lil ting-il-lieees? Jeez, jbearbreher!! Well, if'n you're going to cast aspersions, you oughta be truthful, and ready to back up your gross invective. Anything less would be uncivilized. Largely, I think that I am fair enough to you, jbreher. No. Your attempt to deflect is forestalled. You are not wiggling out on this. You made a veiled accusation that I was in the employ of the US Government in order to derail any cryptocurrency progress. You tried to say it, while still giving yourself an out should you be called on it. Go fuck yourself, JJG. We agree to disagree. I believe that I am way too nice to you, and you believe that I am a BIG MEANIE. Not a big meanie, but someone who will stoop so low as to intentionally mis-characterize others in order to try to claim some sort of 'victory'. What'd I tell you guys
Zero. You told us zero. HaHAHAHJAHAHA gotta agree with you on that part. Can we make up now, jbreher? Sure. I can separate my vehemence in deflecting your lies about me from any sort of other personal interaction. ::mwah!:: Now go fuck yourself.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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July 16, 2019, 11:39:59 PM |
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Lambie Slayer
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July 16, 2019, 11:41:41 PM |
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We are getting closer to where I would like to deploy my last fiat ammo to be all in for the mega run of the next few years. I have been pretty sure we would test the 8-9 range and I would think 6k would be the lower limit of what bears and panic selling newbs can accomplish. Guess I have to figure out where to put buy orders now. Honestly this right now isnt a terrible place to buy some, but Im just not there yet. The only way we were getting to 100k this summer was if everyone hodled like a champ, but obviously we ran out of newbs and some hodlers couldnt resist taking some profits. Cant blame em and this was always the likley to be the case imo. I look forward to the day when I can post relentlessly bullish hodler propaganda for several years straight. I notice since I went short term bearish my merit inflows have been decimated TLDR; this is all healthy and the bull market is still 100 percent intact, even if I think we are going down more. @Cryptoniumtard, this is a decent time to invest some of your semen drinking income if you have any extra money after buying your food and aids medicine.
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Hueristic
Legendary
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Activity: 3962
Merit: 5383
Doomed to see the future and unable to prevent it
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July 16, 2019, 11:42:24 PM |
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Sure. I can separate my vehemence in deflecting your lies about me from any sort of other personal interaction. ::mwah!:: Now go fuck yourself. Is it thursday already? It no werk main.
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