Biodom
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Activity: 3892
Merit: 4349
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December 20, 2020, 09:25:28 PM |
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Well, Well, Well this has been a good run, I wonder what is going to be this runs top, I am still feeling a top around 40k.
This is complete speculation, fully pulled out of my ass.
Depends what you mean by top. I figure the 2020/2021 bull run tops out somewhere in the $300k-$400k range, but we'll probable have a few corrections along the way... maybe the first one around $30k. Yes, 300-400k sounds possible and 40K could be a first top in a double hump, however, 40K is too low for a full cycle top since so far we ALWAYS corrected at least 80-85%. 20% remainder of 40K is just 8K, which is lower than prior ATH, which so far never happened. 80% drop from 300K is 60K, which is more inline with the priors (from 400K would be 50K, also quite doable).
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OutOfMemory
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Activity: 1694
Merit: 3350
Man who stares at charts (and stars, too...)
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December 20, 2020, 09:25:48 PM |
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I was actually thinking about, and mentioned to Elwar, about sending him my resume, to work on that ship and keep it running no matter what it takes, cause that’s what I do.. I can understand complex systems and scramble at the drop of a hat to keep it going, such as keeping that ship from sinking or floating dead in the water.. I make shit happen.. But I guess not..
I am not very good in the digital realm when it comes to software and cryptocurrency stuff, but I am a beast in the physical realm..
Hmm, why not sending him your resume, no matter what. If he needs someone with your skills, who is not just a name on a payroll, but a bitcointalk collegue, he would happily contact you, i think. EDIT: What i (try to) teach my kids is that if they ever have to decide to take an opportunity, they should absolutely take it if they only remotely think they might bite their asses later for not having taken it. (is that even half correct english?)
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Paashaas
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Activity: 3543
Merit: 4628
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December 20, 2020, 09:38:18 PM |
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Saudi Arabia closes all its borders to all countries.
France/UK border closed.
Domino effect..
How will the world looks like next week?
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d_eddie
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Activity: 2632
Merit: 3461
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December 20, 2020, 09:43:52 PM |
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Well, Well, Well this has been a good run, I wonder what is going to be this runs top, I am still feeling a top around 40k.
This is complete speculation, fully pulled out of my ass.
We do respect the power of SOMA.
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d_eddie
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Activity: 2632
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December 20, 2020, 09:57:02 PM |
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They call themselves Motley Fool for a reason.
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marcus_of_augustus
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Activity: 3920
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Eadem mutata resurgo
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December 20, 2020, 09:58:35 PM |
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bitcoin is the native currency electricity ... it's surprised me applications like this for metering electricity in bitcoin aren't more widespread (most likely due to the volatility/immaturity of bitcoin pricing) Charging your Tesla using the Lightning Network. I've developed a set of prototype payment modules that allow for electric car charging by making real time machine to machine micropayments over the bitcoin lightning network from the car to the wall charging unit. http://andyschroder.com/DistributedCharge/
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sirazimuth
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born once atheist
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December 20, 2020, 10:00:52 PM |
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Reminds me of roach... Ah yes... the realroach... ♫ ♪ Memories are Made of This ♪ ♫ ..... Oh wait ...nohomo....
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600watt
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December 20, 2020, 10:03:42 PM |
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meh
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OutOfMemory
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Activity: 1694
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Man who stares at charts (and stars, too...)
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December 20, 2020, 10:06:04 PM |
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Saudi Arabia closes all its borders to all countries.
France/UK border closed.
Domino effect..
How will the world looks like next week?
Worldwide hysteria, every country locks down, world economy tumbles, wallstreet indices drop to zero, while insitutions, governments and big corps hedge into bitcoin. Elon musk will start it with a tweet. bitcoin $1m Q1/2021. The world is forced to accept and integrate bitcoin. hodlers unite with uncovering Satoshi and buy the world to make it a free place. oh shit, i woke up, what a weird dream i had...
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Wekkel
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Activity: 3108
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yes
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December 20, 2020, 10:06:09 PM |
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Unless there is good news, our direction is down.We just have begun. Bitcoin I'm waiting for 14,000$ -15.000$ to buy. I wonder where this guy went?
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600watt
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December 20, 2020, 10:08:34 PM |
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Unless there is good news, our direction is down.We just have begun. Bitcoin I'm waiting for 14,000$ -15.000$ to buy. I wonder where this guy went? he went.... ....broke.
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d_eddie
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December 20, 2020, 10:10:14 PM |
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Back at this, which I think can be used to make a couple of points clear. The problem is that bitcoin lacks genuine scarcity. Its perceived cap of 21 million tokens exists because of computer code. Last I checked, code can always be erased and rewritten. While it's unlikely that a community consensus would be reached to increase the circulating supply of bitcoin, the possibility of this happening isn't zero. Point 1: They have no clue about past Bitcoin forks, don't know history and feel entitled to say something just because their audience has even less of a clue. By comparison, a precious metal like gold has a hard supply limit. We can't use alchemy to make more gold. But we can reopen closed (and still potentially profitable) mines. It could even be conceived that some big power could throttle production to manipulate the price... but what am I thinking? There's no such need, when you can just manipulate paper gold. As for fiat money, gold parity is a thing of the past, so it's basically irrelevant. Point 2: They have no clue about the gold market. The only gold that's available is what's been mined or is still underground. When the only parameter of scarcity is written computer code, that's not true scarcity.
Sure, like diamonds. Scarce by Divine Decree, right? Point 3: Points 1 and 2 might be off. In which case, the Motley Fool knows these things; he's just bullshitting clueless readers.
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serveria.com
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Activity: 2380
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Privacy Servers. Since 2009.
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December 20, 2020, 10:21:38 PM |
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Unless there is good news, our direction is down.We just have begun. Bitcoin I'm waiting for 14,000$ -15.000$ to buy. I wonder where this guy went? Still waiting prolly... skeleton_waiting_forever.jpg
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Toxic2040
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December 20, 2020, 10:24:51 PM |
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serveria.com
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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December 20, 2020, 10:26:26 PM |
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I hope this soldier is gay... and where's season's greetings? U r doing it wrong...
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serveria.com
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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December 20, 2020, 10:28:30 PM |
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Unless there is good news, our direction is down.We just have begun. Bitcoin I'm waiting for 14,000$ -15.000$ to buy. I wonder where this guy went? he went.... ....broke. In fact, it seems he's quite active in the Turkish forum (last seen today?). I tried to google translate and it seems the guy has turned bullish: If we don't crash, which is $ 100,000 (YTD) after 2025, you know, everything happens at any time. The Bitcoin, which is in my heart, is no longer priced in dollars, but we will see if those days will come. The days when everything is priced according to bitcoin. (Whales crush it whenever we go on gas) To be honest, I am entering the 21st century with 2021 not only bitcoin but other cryptocurrencies and metals that I value.
Ytd.
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ivomm
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All good things to those who wait
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December 20, 2020, 10:28:39 PM Last edit: December 20, 2020, 10:48:19 PM by ivomm |
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Elon Musk tweet discussion How such a progressive, futuristic person such as Elon Musk could *not yet* be onboard with Bitcoin treasuries full tilt is completely beyond me. I could say the same for such companies as Microsoft, Apple, Google, Amazon, etc. Methinks that powerful people have kept them dissuaded for years now. the epicness of that twitter conversation is hard to grasp. them billionaires are coming. Yeah, this is mind-blowing indeed. It was noted on bloomberg site as well https://www.bloomberg.com/news/articles/2020-12-20/u-k-s-hancock-says-new-covid-mutatation-is-out-of-controlMeanwhile Bitcoin does what she does in a bull market. After a short lived 5%-ish dip, a new pump followed leading to a new ATH of $24 298 (Bitstamp). And as we could expect the small fish eated that 1% gain they dreamed of. I mean only the skilled traders. The rest registered 5% stop loss, again. The same morons did this exercise over and over again at prices 9K, 10K, 11K and so on. They can't read the sings which are so big that they bump their heads against them - billions of fiat flowing into Bitcoin each weak. The bitcoin balance on exchanges continues to decrease rapidly, which shows that the top is way too far yet. In the last 6 months the holding gave a 2.5x profit. In the next year it won't be lower for sure. Instead, hundreds of stop losses just because the trend changed for several hours. What is the profit after so many stop losses and rare 1% gains always boggles my mind. But some people clearly have no brains for that simple math and science
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jojo69
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diamond-handed zealot
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December 20, 2020, 10:35:12 PM |
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explorer
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Activity: 2016
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December 20, 2020, 10:37:13 PM Last edit: December 20, 2020, 11:00:38 PM by explorer |
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Unless there is good news, our direction is down.We just have begun. Bitcoin I'm waiting for 14,000$ -15.000$ to buy. I wonder where this guy went? I dunno. Looks good to me. I mean, apart from that weird red line...
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