Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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January 17, 2021, 07:03:14 AM |
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Strange picture about Ethereum ^^
Speaking of which, ETHBTC still trying to make a higher high. This while BTCUSD is still correcting. I guess that is bullish. Still a fearless market.
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cygan
Legendary
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Activity: 3290
Merit: 8631
icarus-cards.eu
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January 17, 2021, 07:05:26 AM |
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and the end of the story is - fiat is scam
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somac.
Legendary
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Activity: 2106
Merit: 1238
Never selling
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January 17, 2021, 07:10:09 AM |
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Bitcoin got really boring now that we're rich.
Many people are holding alts and so they are not in profit right now. They are waiting for the alt season which may give them good profits. I'm trying to understand your chart. Do you have a link to the source. The chart is pretty easy to understand. When we are in blue zone, its bitcoin season (means bitcoin dominance is highest) and if we are in the Red zone, its an alt season at peak (bitcoin dominance is lowest) Here is the link to source: https://www.blockchaincenter.net/altcoin-season-index/Thanks for the link. Understanding is not an accurate word, I mean that I want to understand the underlying inputs and calculataions.
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Hueristic
Legendary
Offline
Activity: 3948
Merit: 5370
Doomed to see the future and unable to prevent it
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January 17, 2021, 07:14:29 AM |
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serveria.com
Legendary
Offline
Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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January 17, 2021, 08:24:10 AM |
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I'm outta merits but here's +10WO merits!
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serveria.com
Legendary
Offline
Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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January 17, 2021, 08:34:31 AM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. 01/16/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled
Lots of deja vu doing this stuff. Don't like hitting targets more than 3x Bob, it's good that you're stacking sats, actually I should be doing the same, it's just that I can't be bothered with the whole process of wiring the fiat and waiting for it to arrive at the exchange, etc., etc. I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have.Not trying to criticize you or anything, just to get your point of view. Why not buy $100,000 (or more) worth of BTC straight away right now? I believe you must have that kind of fiat. That would be a move that would fit your stash and wealth level. $250 is just dust for you, isn't it? On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... Sorry for getting a little personal, just being curious... You're underestimating Bawb... or not following closely enough. He's been DCAing for quite a time already and don't let these tiny $250 buys confuse you. For example $250 x10 is $2500 and according to your calculations above if (when) BTC goes 10x $2500 will be $25000 which is not quite peanuts anymore. I wasn't counting but I guess Bawb bought much more than $250 x10 this time.
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AlcoHoDL
Legendary
Offline
Activity: 2506
Merit: 4630
Addicted to HoDLing!
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January 17, 2021, 08:55:50 AM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. 01/16/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled
Lots of deja vu doing this stuff. Don't like hitting targets more than 3x Bob, it's good that you're stacking sats, actually I should be doing the same, it's just that I can't be bothered with the whole process of wiring the fiat and waiting for it to arrive at the exchange, etc., etc. I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have.Not trying to criticize you or anything, just to get your point of view. Why not buy $100,000 (or more) worth of BTC straight away right now? I believe you must have that kind of fiat. That would be a move that would fit your stash and wealth level. $250 is just dust for you, isn't it? On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... Sorry for getting a little personal, just being curious... You're underestimating Bawb... or not following closely enough. He's been DCAing for quite a time already and don't let these tiny $250 buys confuse you. For example $250 x10 is $2500 and according to your calculations above if (when) BTC goes 10x $2500 will be $25000 which is not quite peanuts anymore. I wasn't counting but I guess Bawb bought much more than $250 x10 this time. Yes, I see your point, but it's all relative. When his $250 x10 = $2500 becomes $25,000, his stash could be worth several hundred million dollars. What's $25,000 compared to that? In any case, I do believe we should convert any spare fiat we have to BTC, however small it may be. It's just that, when one has hundreds or thousands of BTC, buying 0.007 BTC ($250) seems a bit strange...
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samson
Legendary
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Activity: 2097
Merit: 1070
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January 17, 2021, 09:11:49 AM |
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It seems that what goes around, does indeed come around and we all know COVID loves the cold weather - and it's very cold over there right now.
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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(...) But insurance will never cover the value of all the assets. Custody with insurance is a scam
Not saying you're wrong or right. Just wondering why you state this as a fact. Amount of coverage 100 million USD For digital assets with option to purchase additional excess insurance up to $500 million to supplement BitGo’s $100 million policy. At the time of writing, $ 100M is roughly 2879 BTC and considering this covers ALL the assets held by BitGo for its clients I don't even want to know what % of the total that covers. I don't think it can be paralleled to the money covered up to a certain point in bank accounts (i.e. €100k in Europe, $ 250k in the US etc.) To me, it's a scam because it bring clients into believing all their funds are secured. That's not the case.
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Krubster
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January 17, 2021, 09:45:35 AM |
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Strange picture about Ethereum ^^
Speaking of which, ETHBTC still trying to make a higher high. This while BTCUSD is still correcting. I guess that is bullish. Still a fearless market.
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somac.
Legendary
Offline
Activity: 2106
Merit: 1238
Never selling
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January 17, 2021, 09:45:36 AM |
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Seems like we are moving to support level of the large symetrical triangle at 33,000. I'm hoping we bounce before then though, but I could place for a buy order if not.
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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January 17, 2021, 09:50:17 AM Last edit: January 17, 2021, 11:41:06 AM by UnDerDoG81 |
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In March/April 2020 a Rockefeller covid plan popped out from 2010. People called it a ridiculous conspiracy theory. Fact checkers claimed it false. Yet it comes true step by step. Next on the list is a forced global food shortage. I see that happening soon. In Germany they want to forbid Long-distance Transport. So trucks cant transport food to the supermarkets anymore. I dont remember all the steps of the plan. But at some point when people start to realize whats going on and protest, they mentioned to release the real killer virus with high death rate. We have this UK "Mutation" wich they warned us for for weeks. Not saying the plan is true. Just mentioning it comes true step by step so far. Edit: Just seeing supermarkets in London are empty as well.
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OutOfMemory
Legendary
Offline
Activity: 1680
Merit: 3338
Man who stares at charts (and stars, too...)
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January 17, 2021, 11:03:18 AM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. 01/16/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled
Lots of deja vu doing this stuff. Don't like hitting targets more than 3x Bob, it's good that you're stacking sats, actually I should be doing the same, it's just that I can't be bothered with the whole process of wiring the fiat and waiting for it to arrive at the exchange, etc., etc. I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have.Not trying to criticize you or anything, just to get your point of view. Why not buy $100,000 (or more) worth of BTC straight away right now? I believe you must have that kind of fiat. That would be a move that would fit your stash and wealth level. $250 is just dust for you, isn't it? On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... Sorry for getting a little personal, just being curious... You're underestimating Bawb... or not following closely enough. He's been DCAing for quite a time already and don't let these tiny $250 buys confuse you. For example $250 x10 is $2500 and according to your calculations above if (when) BTC goes 10x $2500 will be $25000 which is not quite peanuts anymore. I wasn't counting but I guess Bawb bought much more than $250 x10 this time. Yes, I see your point, but it's all relative. When his $250 x10 = $2500 becomes $25,000, his stash could be worth several hundred million dollars. What's $25,000 compared to that? In any case, I do believe we should convert any spare fiat we have to BTC, however small it may be. It's just that, when one has hundreds or thousands of BTC, buying 0.007 BTC ($250) seems a bit strange... My two cents on this: What is the purpose of "play money" when you don't play with it? EDIT: That DCA game even has some potential for a bitcointalk game as well: Bawb may give out a lil price in BTC to the winner who is guessing the future date when his strategy buys him at least one whole Bitcoin. But i doubt he would, because of OpSec? Anyway, the idea is nice, i think.
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vapourminer
Legendary
Offline
Activity: 4466
Merit: 4017
what is this "brake pedal" you speak of?
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January 17, 2021, 11:15:36 AM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. [...] Lots of deja vu doing this stuff. Don't like hitting targets more than 3x
I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have. [...] On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... not speaking for bob but ive done similar things. cashed out more than the needed amount for whatever project, had unallocated fiat left over after so started buying back in. might as well have fun doing it, so i have all sorts of odd amount buys. buying corn is addictive yo. cant stop
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serveria.com
Legendary
Offline
Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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January 17, 2021, 11:53:28 AM |
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Yes, I see your point, but it's all relative. When his $250 x10 = $2500 becomes $25,000, his stash could be worth several hundred million dollars. What's $25,000 compared to that?
Yeah, you're right. If we take his whole stash into account these amounts are laughable. In any case, I do believe we should convert any spare fiat we have to BTC, however small it may be. It's just that, when one has hundreds or thousands of BTC, buying 0.007 BTC ($250) seems a bit strange...
This.
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d_eddie
Legendary
Offline
Activity: 2632
Merit: 3461
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January 17, 2021, 12:27:13 PM |
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(...) But insurance will never cover the value of all the assets. Custody with insurance is a scam
Not saying you're wrong or right. Just wondering why you state this as a fact. Amount of coverage 100 million USD For digital assets with option to purchase additional excess insurance up to $500 million to supplement BitGo’s $100 million policy. At the time of writing, $ 100M is roughly 2879 BTC and considering this covers ALL the assets held by BitGo for its clients I don't even want to know what % of the total that covers. I don't think it can be paralleled to the money covered up to a certain point in bank accounts (i.e. €100k in Europe, $ 250k in the US etc.) To me, it's a scam because it bring clients into believing all their funds are secured. That's not the case. I have the same doubt and made a similar point. Besides, does the insurance cover the fiat value or the btc value? It definitely makes a difference if victims get repaid only 10 years later (assuming they get paid at all).
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philipma1957
Legendary
Online
Activity: 4256
Merit: 8613
'The right to privacy matters'
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January 17, 2021, 12:49:28 PM |
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(...) But insurance will never cover the value of all the assets. Custody with insurance is a scam
Not saying you're wrong or right. Just wondering why you state this as a fact. Amount of coverage 100 million USD For digital assets with option to purchase additional excess insurance up to $500 million to supplement BitGo’s $100 million policy. At the time of writing, $ 100M is roughly 2879 BTC and considering this covers ALL the assets held by BitGo for its clients I don't even want to know what % of the total that covers. I don't think it can be paralleled to the money covered up to a certain point in bank accounts (i.e. €100k in Europe, $ 250k in the US etc.) To me, it's a scam because it bring clients into believing all their funds are secured. That's not the case. I will give you merits for this info/
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philipma1957
Legendary
Online
Activity: 4256
Merit: 8613
'The right to privacy matters'
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January 17, 2021, 12:59:27 PM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. 01/16/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled
Lots of deja vu doing this stuff. Don't like hitting targets more than 3x Bob, it's good that you're stacking sats, actually I should be doing the same, it's just that I can't be bothered with the whole process of wiring the fiat and waiting for it to arrive at the exchange, etc., etc. I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have.Not trying to criticize you or anything, just to get your point of view. Why not buy $100,000 (or more) worth of BTC straight away right now? I believe you must have that kind of fiat. That would be a move that would fit your stash and wealth level. $250 is just dust for you, isn't it? On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... Sorry for getting a little personal, just being curious... You're underestimating Bawb... or not following closely enough. He's been DCAing for quite a time already and don't let these tiny $250 buys confuse you. For example $250 x10 is $2500 and according to your calculations above if (when) BTC goes 10x $2500 will be $25000 which is not quite peanuts anymore. I wasn't counting but I guess Bawb bought much more than $250 x10 this time. Yes, I see your point, but it's all relative. When his $250 x10 = $2500 becomes $25,000, his stash could be worth several hundred million dollars. What's $25,000 compared to that? In any case, I do believe we should convert any spare fiat we have to BTC, however small it may be. It's just that, when one has hundreds or thousands of BTC, buying 0.007 BTC ($250) seems a bit strange... If I had 1000 btc first off I would have sold 500 when it cracked 40 k. 500 x 40 k = 20 million. I would set aside 7 -8 million for taxes. leaving me 12-13 million. I need 1/2 for living my life. So I have 6-6.5 million to fuck with. buying back $250 at a time will take me 64 years at 1 buy a day. But I would have something to do for the rest of my life. And the key is I would increase to 500 if coins go under 30K. now buy back takes 32 years I would then increase again to 1000 a buy if coins go under 25k. now buy back takes 16 years. If you want to do DCA you need to prep correctly
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serveria.com
Legendary
Offline
Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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January 17, 2021, 01:06:27 PM |
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So, today, I did some degenerate sat stacking. Feelin' pretty decent. Looks like I'm gonna get filled @ $35,000 soon, at this rate. Orders placed all the way down to $33k. 01/16/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/16/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $35,500.00 USD 0.00704225 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,000.00 USD 0.00694444 BTC $250.00 USD Filled 01/15/2021 XX:XX:XX BTCUSD Buy Limit $36,500.00 USD 0.00684931 BTC $250.00 USD Filled
Lots of deja vu doing this stuff. Don't like hitting targets more than 3x Bob, it's good that you're stacking sats, actually I should be doing the same, it's just that I can't be bothered with the whole process of wiring the fiat and waiting for it to arrive at the exchange, etc., etc. I wonder though. With so many coins you have (in the big hundreds or more, I'm sure), what's the point of buying $250 worth of BTC? Is this just for fun/entertainment purposes? Because, even when Bitcoin goes 10x (and it will), your $250 (or $1250) will become $2500 ($12,500). Just peanuts compared to the coins you have.Not trying to criticize you or anything, just to get your point of view. Why not buy $100,000 (or more) worth of BTC straight away right now? I believe you must have that kind of fiat. That would be a move that would fit your stash and wealth level. $250 is just dust for you, isn't it? On the other hand, "every little helps", and maybe we should all be doing that, no matter how large or small the amount. In fact, your post is seriously tempting me to wire a few $$$$ to buy more corn... Sorry for getting a little personal, just being curious... You're underestimating Bawb... or not following closely enough. He's been DCAing for quite a time already and don't let these tiny $250 buys confuse you. For example $250 x10 is $2500 and according to your calculations above if (when) BTC goes 10x $2500 will be $25000 which is not quite peanuts anymore. I wasn't counting but I guess Bawb bought much more than $250 x10 this time. Yes, I see your point, but it's all relative. When his $250 x10 = $2500 becomes $25,000, his stash could be worth several hundred million dollars. What's $25,000 compared to that? In any case, I do believe we should convert any spare fiat we have to BTC, however small it may be. It's just that, when one has hundreds or thousands of BTC, buying 0.007 BTC ($250) seems a bit strange... If I had 1000 btc first off I would have sold 500 when it cracked 40 k. 500 x 40 k = 20 million. I would set aside 7 -8 million for taxes. leaving me 12-13 million. I need 1/2 for living my life. So I have 6-6.5 million to fuck with. buying back $250 at a time will take me 64 years at 1 buy a day. But I would have something to do for the rest of my life. And the key is I would increase to 500 if coins go under 30K. now buy back takes 32 years I would then increase again to 1000 a buy if coins go under 25k. now buy back takes 16 years. If you want to do DCA you need to prep correctly So you wouldn't have waited till November-December? Costly mistake, man...
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