d_eddie
Legendary
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Activity: 2492
Merit: 2899
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July 08, 2020, 12:42:18 AM |
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Halvenings are not what they used to be.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10210
Self-Custody is a right. Say no to"Non-custodial"
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July 08, 2020, 01:06:06 AM Last edit: July 08, 2020, 01:18:16 AM by JayJuanGee |
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Always share brother... new people can learn a lot from previous things that happened
Out of merit atm
Sorry
Thanks man. He doesn't follow BitcoinTalk/WO. Will show him the post when we reach 6 digits. Let it be a small record of his story. Hopefully he does not get shaken out of his coins. When people are acting a bit weird, they sometimes want to cash in and buy themselves something nice. I understand getting into bitcoin with a lump sum, but what about dollar cost averaging? He could continue to dollar cost average $50 per month or some modest amount so that he might continue to feel like he is active in his investment, rather than just waiting for it. I think he should be alright, he is disciplined enough to HoDL for a little longer. DCA is a good idea (will discuss it with him), but his home country (Malaysia) is not very Bitcoin-friendly and it's not easy for him to buy or sell BTC there. He could wire me the fiat and I could do it for him, but he considers it too much of a hassle, and his finances are not great anyway, so he's just stuck with his 2.7 BTC for now. I guess that not being able to sell easily has worked to his advantage, preventing him from cashing out his coins as you said. Well logistically, I can understand why you consider that there are potential problems, and of course, bitcoin liquidity avenues are frequently changing from location to location, and ever since I got into bitcoin (late 2013), I had always considered that it is best to be able to have a couple of avenues, at least, to be able to liquidate your investment, whether we are talking about bitcoin or any other investment. I had frequently advised people in real life to attempt to set up at least a few ways of holding coins and to attempt to have at least a couple of accounts in which they have already set up in order that they could liquidate, if they felt the need to accomplish such. So, personally, I do not consider it good to be lacking in ways in which liquidation could take place, if push comes to shove. or for whatever reason(s) valid or not that a person might want to get out of their investment whether partially or in full. The price seems to be moving around $9,100 to $9,300 for couple of days now. Kinda indicate of preparing for bull run or I'm being so optimistic here?
Sure. Bitcoin could break either up or down, or sideways.... So yeah, we might get a break towards the UPside. That is not overly optimistic, especially since it remains one of the possible reasonable outcomes. Fact of the Day: Americans who used their $1,200 Stimulus Check to buy bitcoin now have $1,705.
Seems like a good outcome. So far.
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smartcomet
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July 08, 2020, 01:35:59 AM |
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Everything we call civilization was invented in the last 500 generations—way too short a time for our bodies and brains to re-optimize. We're a bunch of forest primates in a totally unnatural environment, trying our little best. Someone needs to give our species a hug.
Great grandmother217 said: I would hold bitcoin to 2020, if i can dig some from the soil.
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10210
Self-Custody is a right. Say no to"Non-custodial"
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July 08, 2020, 01:41:02 AM |
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Halvenings are not what they used to be.
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Bitcoinaire
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July 08, 2020, 02:49:30 AM |
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Halvenings are not what they used to be.
We're on the launch pad for a large move upwards. So, so close.....
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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July 08, 2020, 03:05:12 AM |
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We're on the launch pad for a large move upwards. So, so close.....
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Hueristic
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Activity: 3808
Merit: 4892
Doomed to see the future and unable to prevent it
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July 08, 2020, 03:09:17 AM |
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Banana?
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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July 08, 2020, 03:17:24 AM |
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Banana?
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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July 08, 2020, 04:10:57 AM |
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psycodad
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Activity: 1604
Merit: 1564
精神分析的爸
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July 08, 2020, 05:47:57 AM Last edit: May 14, 2023, 04:33:38 PM by psycodad Merited by vapourminer (1) |
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Banana?
No! Ukulele!
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bitebits
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Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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July 08, 2020, 05:51:33 AM |
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https://twitter.com/lopp/status/1280653089117212678Bitcoin is the Linux of money. Skeptics will keep jeering about the "year of retail Bitcoin adoption" while the underpinnings of the entire financial system get swapped out from beneath their feet.
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CryptoYar
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July 08, 2020, 07:50:20 AM |
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Banana?
I searched the coin with name of Banana coin, I am surprised there is a shitcoin in every name. Thank god we have bitcoin.
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Phil_S
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Activity: 2091
Merit: 1461
We choose to go to the moon
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July 08, 2020, 08:32:35 AM |
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even gold is more fun to watch these days...
atttacks on $1800, and pushbacks...
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qwizzie
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Activity: 2548
Merit: 1245
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July 08, 2020, 08:48:28 AM Last edit: July 08, 2020, 09:00:28 AM by qwizzie |
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Altcoins Marketcap Dominance is rising fast Source : tradingview.com Bitcoin Marketcap Dominance : 62,8% (yesterday 63,5%) If this continues we will be looking at a fullblown Altcoins Season and perhaps at the same time a further sideways moving of the Bitcoin price (as more and more investors diversify into Altcoins).
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Tash
Sr. Member
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Activity: 1190
Merit: 305
Pro financial, medical liberty
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July 08, 2020, 09:34:54 AM |
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LFC_Bitcoin
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Activity: 3528
Merit: 9544
#1 VIP Crypto Casino
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July 08, 2020, 11:23:20 AM Last edit: July 08, 2020, 11:44:54 AM by LFC_Bitcoin |
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Altcoins Marketcap Dominance is rising fast Source : tradingview.com Bitcoin Marketcap Dominance : 62,8% (yesterday 63,5%) If this continues we will be looking at a fullblown Altcoins Season and perhaps at the same time a further sideways moving of the Bitcoin price (as more and more investors diversify into Altcoins). No man, shitcoins pumping usually means profits get converted into bitcoin. I doubled my money on LINK over the last few months & converted into bitcoin last night. Not big money but I managed to add another 0.5 BTC through LINK. I have a sizeable amount of XLM, going to keep an eye on that, may pull the trigger soon & cash out half into bitcoin.
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somac.
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Activity: 2056
Merit: 1188
Never selling
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July 08, 2020, 12:51:51 PM Merited by JayJuanGee (1) |
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Looking at that twitter thread, I can see the shitcoiners are out in force again. I love how they always think that their shitty insecure coins that nobody uses for anything except as an alternative to penny dreadful stocks are somehow going to dethrone Bitcoin. Beyond delusion.
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Cryptotourist
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July 08, 2020, 01:15:55 PM |
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~ If this continues we will be looking at a fullblown Altcoins Season ~
Yeah, maybe sometime next summer, right before BTC sucks the living corn out of them - and reaches new ATH's towards the end of that year.
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