whiteboy420
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Activity: 100
Merit: 5
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November 24, 2019, 06:27:20 AM |
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wondering if it is time to scam bounce into 7.9k
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Biodom
Legendary
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Activity: 3920
Merit: 4386
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November 24, 2019, 06:28:48 AM Last edit: November 24, 2019, 06:56:26 AM by Biodom |
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An interesting analysis: https://www.youtube.com/watch?v=i_ylh8LmfqQIf you don't want to look at the video, here is probably the same guy's chart: https://www.tradingview.com/chart/BTCUSD/vwsB8lTY-Exact-Price-and-Date-for-Peak-of-next-Bitcoin-Bull-Run/TL;DR It could go down to 5-5.5K first or NOT (Dec-Feb time frame), then off to the races until $320K in late 2021. My "fundamental" pseudoanalysis: At halving S2F doubles, but price is going up approx 2^3.5 times (about 10-11X). After next halving, S2f would be 56, which is 0.9 of Gold. 0.9^3.5=0.7 Therefore, THEORETICALLy, and based on scarcity alone (without considering demand), the value of btc might equal 0.7 of gold's market value. Total value of excavated gold is currently (1465/1250)X7.5tril=8.8 tril https://en.wikipedia.org/wiki/Gold_reserveSome people think that almost half of gold should not be counted because it is either inaccessible or lost. So, 4.5-9 tril, roughly. therefore, market value of BTC, based on S2F should be 0.7X (either 4.5 or 9 tril)=3.15-6.3 tril With roughly 18.1 mil btc currently, this would amount to 174-348K/btc sometime after the halving. Interestingly, and unsurprisingly, my number matches several other projections.
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Lambie Slayer
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November 24, 2019, 06:46:03 AM |
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The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.
The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening". The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz.
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Biodom
Legendary
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Activity: 3920
Merit: 4386
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November 24, 2019, 07:01:49 AM |
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The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.
The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening". The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz. the majority of WO was right on the money in 7.5K vs 9.5K quiz.
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Hueristic
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Activity: 3976
Merit: 5385
Doomed to see the future and unable to prevent it
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November 24, 2019, 07:29:43 AM |
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What comes first, Tesla Cybertruck or bitcoin next ATH? BTC ATH or Cybertruck shatterproof glass? Link doesn't work but doesn't matter as binance doesn't have any offices in china and left there years ago. Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story https://cointelegraph.com/news/binance-ceo-we-will-be-suing-the-block-over-china-police-raid-story*I hate cointelegraph but it was the only link i could find atm.
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dragonvslinux
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Activity: 1722
Merit: 2213
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November 24, 2019, 07:31:46 AM Last edit: September 10, 2023, 02:37:59 PM by dragonvslinux |
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Current state of play....Wall observer is neutral: Bitmex is slightly short: Market sentiment is extremely fearful: Time to accumulate
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JayJuanGee
Legendary
Online
Activity: 3878
Merit: 11052
Self-Custody is a right. Say no to"Non-custodial"
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November 24, 2019, 08:12:52 AM |
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[edited out]
STFU Permabear infidel. You wouldnt be so stressed
Facts not in evidence, regarding my alleged stress status. and writing walls of text all day
Perhaps true, but out of context. if you had the courage of conviction to embrace the all in way of hodl life. [/b]
I conclude that a moderate approach to my BTC holdings suits me better. Your fear permeates through your text walls every day for all to see.
Yeah right.... The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis. The only way to change is to get the fuck out or go all in.[/b]
Even a 10 year old has already learned that the world tends to have beyond black and white solutions. Are you not quite 10 years old yet, Lambie? Otherwise you will continue to suffer and nothing will change. My alleged suffering is only a state of your evidently ongoing fantasy-filled mind. And of course I am more insightful than a primitive chat bot. Maybe that is the problem? Your chat bot admission against interest? Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of your difficulties to abstract in your thinking. Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more. You are annoying!!!!!!!!!! Accordingly, my BTC holdings is not a factor in respect to your annoyingness. Thus, you should already realize that short term BTC price changes hardly change my strategy, except maybe I might tweak a bit here and there from time to time, but overall, I m following a very similar strategy all of the time. Buy on the way down and sell on the way up. So why would it matter if I had x percentage more or less BTC, in which x percentage is going to be a single digit number anyhow, and likely in the lower ends of the single digits. All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.
Your comment here shows me that you are projecting ways in which you would like to see the world, rather than reality. I will let you know when the Bargain Boyz arrive,
Don't be a diptwat. You have no clue..... so in that regard, you have a clue about how to be a diptwat. despite your squirming and protests. I will squirm alright, and I might protest, depending on my moo. The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.
The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening". The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz. Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.
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becoin
Legendary
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Activity: 3431
Merit: 1233
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November 24, 2019, 09:34:12 AM |
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But now many of traders are watching him to trade the opposite of what he predicts. The only way to predict the future is to create it. Staring at charts is a very stupid way of wasting your time.
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Globb0
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Activity: 2702
Merit: 2053
Free spirit
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November 24, 2019, 09:41:10 AM |
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I should get me some OneCoin
lol, that joint is so long it almost penetrated into my room. I saw some guys build a giant spliff like that at a party once. The cherry fell out and set the garden on fire.
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Lambie Slayer
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November 24, 2019, 10:30:54 AM |
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[edited out]
STFU Permabear infidel. You wouldnt be so stressed
Facts not in evidence, regarding my alleged stress status. and writing walls of text all day
Perhaps true, but out of context. if you had the courage of conviction to embrace the all in way of hodl life. [/b]
I conclude that a moderate approach to my BTC holdings suits me better. Your fear permeates through your text walls every day for all to see.
Yeah right.... The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis. The only way to change is to get the fuck out or go all in.[/b]
Even a 10 year old has already learned that the world tends to have beyond black and white solutions. Are you not quite 10 years old yet, Lambie? Otherwise you will continue to suffer and nothing will change. My alleged suffering is only a state of your evidently ongoing fantasy-filled mind. And of course I am more insightful than a primitive chat bot. Maybe that is the problem? Your chat bot admission against interest? Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of your difficulties to abstract in your thinking. Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more. You are annoying!!!!!!!!!! Accordingly, my BTC holdings is not a factor in respect to your annoyingness. Thus, you should already realize that short term BTC price changes hardly change my strategy, except maybe I might tweak a bit here and there from time to time, but overall, I m following a very similar strategy all of the time. Buy on the way down and sell on the way up. So why would it matter if I had x percentage more or less BTC, in which x percentage is going to be a single digit number anyhow, and likely in the lower ends of the single digits. All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough.
Your comment here shows me that you are projecting ways in which you would like to see the world, rather than reality. I will let you know when the Bargain Boyz arrive,
Don't be a diptwat. You have no clue..... so in that regard, you have a clue about how to be a diptwat. despite your squirming and protests. I will squirm alright, and I might protest, depending on my moo. The only problem is when majority expects something it usually doesn't happen. Until they change their mind because of panic sell or fomo caused by the tricky whales.
The problem there is when the majority expects that whatever the majority believes wont happen, then they lose all expectation. Then the situation is a majority of people saying they dont know what will happen because they got caught up in the urban legend of "whatever the majority believes wont end up happening". The truth is someone always know what will happen and sometimes the majority is right and sometimes they are wrong, but someone always knows something and ends up being right. And when it comes to Bitcoin that someone is a powerful group known as the Bargain Boyz. Oh gawd, you are so full of shit.... especially when it comes to your last paragraph. Yes yes, the squirmings and thrashing of someone who is not heavily invested enough to let go of their fear and cant stand another who has no such fear. You will always be annoyed at the certitude of strong convictions such as mine or the Bargain Boyz bc they demonstrate the lacking in your own convictions, its your place in the scheme of things. Carry on my friend as this is and always was your destiny.
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BitcoinGirl.Club
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Activity: 2940
Merit: 2778
Bitcoingirl 2 is downloading 💓
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November 24, 2019, 10:41:40 AM Last edit: May 15, 2023, 11:48:43 AM by BitcoinGirl.Club |
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Good morning WO! Observing @ $7,157 Curse to those who gone with $6.5k F you! 😜
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Majormax
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Activity: 2534
Merit: 1129
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November 24, 2019, 10:54:06 AM Merited by JayJuanGee (1) |
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Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more. All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough. I will let you know when the Bargain Boyz arrive, despite your squirming and protests. Brave call on this board. The trend is down until it's not. I try not to make the bearish calls much now because I sometimes don't have the energy for the arguments that ensue. It is interesting that you identify the strength of protest with the degree of bullish commitment. The holy grail of (contrarian) trading was always to find an pure untainted indicator of overall sentiment. When the bulls don't argue with bearish comment anymore, is that when the true bottom is in ?
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 24, 2019, 11:04:25 AM |
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Majormax
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Activity: 2534
Merit: 1129
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...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.
Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen. This is an interesting argument between 2 eloquent posters, very different in their approaches. I'm particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept.
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BitcoinGirl.Club
Legendary
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Activity: 2940
Merit: 2778
Bitcoingirl 2 is downloading 💓
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November 24, 2019, 11:16:40 AM Last edit: May 15, 2023, 11:48:34 AM by BitcoinGirl.Club |
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Not Does 🤪 Anyway it happens with me occasionally LOL
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 24, 2019, 11:18:31 AM |
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^boomer ok
...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.
Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen. This is an interesting argument between 2 eloquent posters, very different in their approaches. I'm particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept. It's fun but it's bollocks. Vast swathes of bitcoiners don't give a fuck about the price.
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Lambie Slayer
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November 24, 2019, 11:33:07 AM |
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Just buy more Bitcoin and you wont be bothered so much when I correctly tell you we are going down more. All your worry and issues with my downwards calls just show me the truth that you are not invested heavily enough. I will let you know when the Bargain Boyz arrive, despite your squirming and protests. Brave call on this board. The trend is down until it's not. I try not to make the bearish calls much now because I sometimes don't have the energy for the arguments that ensue. It is interesting that you identify the strength of protest with the degree of bullish commitment. The holy grail of (contrarian) trading was always to find an pure untainted indicator of overall sentiment. When the bulls don't argue with bearish comment anymore, is that when the true bottom is in ? Yes strength of protest certainly shines a lot of light on what they really are going through atm. You may remember the approx 3100 Bottom on Dec. 15 '18 and two days later on the 17th when I declared the Bear Market to have ended that JJG engaged in a vicious battle with me that lasted for many days bc he was incredibly angered by the certitude of me claiming the bottom was in. Walls of texts and silly name calling ensued. It was the usual "how dare you you wanna be sorcerer," "ur so full of shit," "ive been here a few months longer than you so how dare you" routine he has developed. He had actually given up on short term bullishness at that point and switched from getting angry when people made bear calls with conviction to getting angry when people made bull calls with conviction. I couldnt make this stuff up if I tried. If he is going to be an accurate indicator in that fashion again we will need for him to start getting angry at bull calls to be sure the bottom is in. Mr. Goose is already posting pics of a frugal lifestyle so if JJG gets pissed at bullish calls hopefully we can start the run to 100k. TLDR: Bitcoin trend changes revolve around Mr. Goose's spending habits and JJGs sententious and anger filled text walls.
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El duderino_
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Activity: 2674
Merit: 13090
BTC + Crossfit, living life.
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November 24, 2019, 11:33:08 AM |
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...Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.
Harsh way of putting it, but yes, I also don't believe that there is a group that always knows what is going to happen. This is an interesting argument between 2 eloquent posters, very different in their approaches. I'm particularly intrigued by Lambie's notion that 100% commitment is needed for freedom from worry about price. In one way it makes sense, but its difficult to accept. I do agree that to many people are worried to much about short term prices.... But I also think it’s esecially the people that don’t understand the power/fundamentals of BTC or the importance of financial freedom are the people that do worry about the price.... they mostly are the ones that just wanna make a $
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El duderino_
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Activity: 2674
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BTC + Crossfit, living life.
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November 24, 2019, 11:49:44 AM |
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Mic spending habits are always adapt to survive
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 24, 2019, 11:57:16 AM |
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Still, there's always Switzerland.
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