LFC_Bitcoin
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#1 VIP Crypto Casino
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November 25, 2019, 04:57:27 AM Last edit: November 25, 2019, 05:08:42 AM by LFC_Bitcoin Merited by El duderino_ (4) |
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Surely this is close to the being over sold area now. How much lower can we possibly go before big players think fuck this & start buying large amounts. Edit - Just for some perspective, I just googled to check what the price was at a similar point in time 6 or so months before the last halving so November 2015 - https://www.google.co.uk/amp/s/cointelegraph.com/news/11112015-bitcoin-price-falls-sharply/ampFollowing the significant Bitcoin price growth to nearly $500 last week, it went down sharply on November 10-11. Just a few days ago, the Bitcoin price faced the first wave of decline to the $370 - $390 level. During the last 24 hours, the price lost almost 20% on all major cryptocurrency exchanges and dropped to as low as $308 on some of them................... At the moment of this article's writing, the BTC price fluctuated at $318-333.
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soxxx
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November 25, 2019, 05:10:33 AM |
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Surely this is close to the being over sold area now. How much lower can we possibly go before big players think fuck this & start buying large amounts. Edit - Just for some perspective, I just googled to check what the price was at a similar point in time 6 or so months before the last halving so November 2015 - https://www.google.co.uk/amp/s/cointelegraph.com/news/11112015-bitcoin-price-falls-sharply/ampFollowing the significant Bitcoin price growth to nearly $500 last week, it went down sharply on November 10-11. Just a few days ago, the Bitcoin price faced the first wave of decline to the $370 - $390 level. During the last 24 hours, the price lost almost 20% on all major cryptocurrency exchanges and dropped to as low as $308 on some of them................... At the moment of this article's writing, the BTC price fluctuated at $318-333. Perhaps we are just about there? $6300ish....
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HairyMaclairy
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November 25, 2019, 05:21:41 AM |
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Dont mean to rain on your parade but weekly RSI hit 29 when we bottomed in December 2018
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HairyMaclairy
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November 25, 2019, 05:35:53 AM |
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Yup. Maybe we will get a Thanksgiving style capitulation event after all.
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mindrust
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Ummm mmm I just woke up to a beautiful morning. The sun is brighter than ever and my tea oh my god that tea tastes like it never did before.
People panic in the streets, my friend just texted me, "how lower will it goooo?" I told him "nobody knows "
Firesale...
Still Sticking to the plan..
1-. DCA 2- BTFD
Its time for 2. Addicted to chaossss
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whiteboy420
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November 25, 2019, 06:19:47 AM |
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BTC/USD Long/Short Ratio 77:22 % of supply long:short 0.16:0.047 Long Daily Charge $43,992 Short Daily Charge 0.49316 BTC Total Long 29,399 ($195,903,176) Funded Longs $129,389,054 Total Short 8,420 ($56,107,512) Funded Shorts 6,489 BTC
leveraged positions pilling on.
funding getting ridiculous.
started a small long.
observing 6550.
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El duderino_
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BTC + Crossfit, living life.
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November 25, 2019, 06:25:48 AM |
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I have limit order longs that need filling Are we there yet?? Damn need to turn around and HODLsleep further
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 06:56:10 AM Last edit: November 25, 2019, 07:11:02 AM by JayJuanGee |
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[edited out]
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. Surely, you like to project a lot and to infer more from information than is there. In other words, I never said that I cannot stand you, and accordingly, you are overly inferring there. Don't get me wrong on this, any such assertion from me that I can stand you does not mean that I like you... 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.
Huh? I suppose that you are a superior being. If you proclaim yourself to be superior, it must be true. Carry on my friend as this is and always was your destiny.
I don't believe in fatalism, so there is that. But, you can believe as you will; hopefully, it guides you well in your life. 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 ? I doubt that we really stop arguing. This is bitcoin, but in 2015, the arguments of the bulls did seem to fade quite a bit, especially when we got to August through October. I doubt that we are going to have another 2015-like scenario this time around, because it seems that we are well into early 2016 in terms of likely getting out of the doldrums, but never say never in bitcoinlandia. If we get back down to the $4,500 arena, and stay there for any length of time, there could be a large amount of uncertainty and despair that might also demoralize bulls from posting as much in this here thread, and perhaps even forum-wide. ...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. You gotta take his purported position with a BIG ASS grain of salt. In other words, these are the interwebs, which allows Lambie/bambie to serve (without necessary real world costs) as a fucking exaggerator and a shit-stirrer.
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Bossian
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November 25, 2019, 07:21:52 AM |
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Frankly it is not looking good at the moment, I would even say it's time to sell, and buy back below 8k. I am pretty sure we are heading towards 7k-ish but hopefully we never go back below 6.4k. If we go back below 6.4 there will be a lot of blood (not like the movie). Then in the middle term there should be a bounce back above 10k (I hope) but breaking above 11k and most importantly above 12.4k will be very tough. Just hoping the halving will make things move to our advantage, but the technical analysis is looking very ugly in the short term Posted 10 days ago. I was talking about this 6.4k price, not surprised at all we went towards this price, thought it would be in December though. Quite confident there is a bounce back from there though. It is a major and strong support.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 07:21:57 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. More phoney baloney. 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. You could spin it in order to attempt to paint yourself as the next coming, though. kind of like this: 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.
Yeah, right.... TLDR: Bitcoin trend changes revolve around Mr. Goose's spending habits and JJGs sententious and anger filled text walls.
Good luck with using those kinds of indicators while you are in the cave interpreting the moves of shadows.
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posi
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November 25, 2019, 07:30:19 AM |
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Surely this is close to the being over sold area now. How much lower can we possibly go before big players think fuck this & start buying large amounts. Edit - Just for some perspective, I just googled to check what the price was at a similar point in time 6 or so months before the last halving so November 2015 - https://www.google.co.uk/amp/s/cointelegraph.com/news/11112015-bitcoin-price-falls-sharply/ampFollowing the significant Bitcoin price growth to nearly $500 last week, it went down sharply on November 10-11. Just a few days ago, the Bitcoin price faced the first wave of decline to the $370 - $390 level. During the last 24 hours, the price lost almost 20% on all major cryptocurrency exchanges and dropped to as low as $308 on some of them................... At the moment of this article's writing, the BTC price fluctuated at $318-333. The market always experienced significant dump in price during November till December while it experience slightly surge at the early of the halving year. I think what we need to do now is to accumulate more coin before the big buy large amount but this current dump might be the role of the Winklevoss twins.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 07:31:30 AM |
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My long is being beaten to shreds, and happiness is a thing of the past. What's a man supposed to do? Why, buying physical! (Investment money decoupled from play stash.)
You did not sufficiently off-set with a short this time around?
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Lambie Slayer
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November 25, 2019, 07:40:10 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. More phoney baloney. 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. You could spin it in order to attempt to paint yourself as the next coming, though. kind of like this: 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.
Yeah, right.... TLDR: Bitcoin trend changes revolve around Mr. Goose's spending habits and JJGs sententious and anger filled text walls.
Good luck with using those kinds of indicators while you are in the cave interpreting the moves of shadows. Every time you get mad at my predictions we just go down more, causing you to get even madder. You are doing this to yourself.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 07:54:55 AM |
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Is this all you’ve got bears?
Nothing is going to scare unless you crash it to sub $5,000 & even then I’ll just load up on cheap coins & wait for the moon with a bigger stash.
Must try harder
hahahaha That's the spirit!!!!
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nutildah
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Happy 10th Birthday to Dogeparty!
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November 25, 2019, 08:01:55 AM Last edit: November 25, 2019, 08:16:06 AM by nutildah |
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Perhaps we are just about there? $6300ish.... I kind of like this chart except your horizonal-ish (descending) lines aren't exactly parallel. Even though volume isn't that big I think we're nearing the bottom as well. The Bargain Boyz are seemingly nowhere to be found.
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nutildah
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Happy 10th Birthday to Dogeparty!
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November 25, 2019, 08:15:21 AM |
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Bakkt is not a market. Bakkt is a price suppression tool. It is run by the same people that suppress the price of gold through naked short sales. Naked shorting only works if the price never comes back up.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 08:22:11 AM |
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I'm not seeing many radically bullish outlooks on a run after the halvening? Like overbought peaks around $300k-$500k range ... when does the vertical part of an s-curve adoption happen or look like in retrospect? are we already in it? $7 trillion? $10 trillion? is that a lot of money, I don't know anymore Fed is printing "money" like spinning candy floss from sugar at the county fair!! Personally, I suspect that it is not easy to see s-curve adoption while in the midst of it, but jeez, just mentioning the $300 to $500 price range was about where we were bouncing around during early 2016 - right before that particular halvening. Couldn't between a 13x ($500) and 22x ($300) price increase from our current $6,600 in 4 years serve as a kind of ballpark indication that we might possibly remain within a kind of s-curve adoption? Perhaps? Perhaps?
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2019, 08:49:11 AM Last edit: November 25, 2019, 09:00:27 AM by JayJuanGee |
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Btc price was pretty much expected to fall when it dropped bellow 8900-ish.
Do you mean after October 25 or before October 25? Likely October 25 affected expectations, even if a lot of folks considered that to be a bit of a pump, it still took 26 days to return to its $7,300-ish starting point. If the poll results are any indication, there's more pain ahead.
Our low is within $15. OMG!!!!!! OMG!!!!! Odds are currently in favor of reaching such $6,500 before $7,500 absent some kind of miracle.... never say never in bitcoinlandia. Ummm mmm I just woke up to a beautiful morning. The sun is brighter than ever and my tea oh my god that tea tastes like it never did before.
People panic in the streets, my friend just texted me, "how lower will it goooo?" I told him "nobody knows "
Firesale...
Still Sticking to the plan..
1-. DCA 2- BTFD
Its time for 2. Addicted to chaossss
Don't get toooooooo overly excited mindrust. You might slip on a banana peel, and we would not want that.
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HairyMaclairy
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November 25, 2019, 08:59:47 AM Last edit: November 25, 2019, 09:13:05 AM by HairyMaclairy |
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Bottom of the channel continues to hodl, more or less. Fractal says we are in good buying territory - this is either the bottom or close to it before the halvening. What were we doing this time last year? We were making our final run at the ultimate bottom which occurred on 15 December 2018. Dotted grey vertical line is 26 November 2018. Please note as a complicating factor, Thanksgiving fell on 22 November 2018, which preceded the bottoming. The biggest and reddest candle was on 24 November... My advice is don't chase the ultimate bottom. You should slowly and cautiously fill your boots this Thanksgiving weekend, starting around now.
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psycodad
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精神分析的爸
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November 25, 2019, 09:06:38 AM |
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don't fight with the Swiss they all have weapons at home. The also have nuclear shelters at home. Every Swiss home has had to be build with nuclear shelter. They definitely have a vision. TFTFY - The responsibility for having a place for every citizen in a shelter has been moved back to the gubbermint quite some time ago (luckily, as these shelter-beasts cost quite a fortune when building a house). There was even a time when regular inspections made sure you have all the equipment in there needed for an emergency (like beds, air-filtering etc.). It was always fun to watch my dad telling the inspectors to GTFO when they asked him to buy beds for our shelter. Our very own plan for an atomic blast was always to open a bottle of good wine and to enjoy the mushroom and the glow.
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