OutOfMemory
Legendary
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Activity: 1722
Merit: 3447
Man who stares at charts (and stars, too...)
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April 21, 2021, 09:09:58 AM |
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philipma1957
Legendary
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Activity: 4298
Merit: 8823
'The right to privacy matters'
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April 21, 2021, 09:45:09 AM |
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 What would serve best FIAT or DOGE?  ahh bingo. doge replaces spending money and BTC ends up being gold+treasury bill could be what happens |
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shahzadafzal
Copper Member
Legendary
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Activity: 1722
Merit: 3036
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BitcoinBunny
Legendary
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Activity: 1582
Merit: 2799
Far, Far, Far Right Thug
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April 21, 2021, 10:00:19 AM |
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Transaction fees are crazy as pointed out above.  Maybe we are heading for a dip first? Not wanting that but just being realistic.  |
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ppoo2
Newbie
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Activity: 1
Merit: 0
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April 21, 2021, 10:00:57 AM |
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What do you think about short term action? We have this triangle or whatever, range of oscillations seems to narrow down, volume is low... https://www.tradingview.com/x/NONth6BQ/What to expect in the next days? I am neutral at the moment. |
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somac.
Legendary
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Activity: 2120
Merit: 1256
Never selling
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April 21, 2021, 10:49:12 AM |
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Thinking out aloud here. My thoughts are we are now in a 2013 type market. I don't think we'll get a huge dump like we saw in April of that year, 30% correction from highs at most, but I think that we will be doing a lot of sideways action for several months.
On chain is still showing coins being moved off exchange to hodlers, this is good and will be the reason for the next pump, but like a halving, this takes time to flow through to price.
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OutOfMemory
Legendary
Offline
Activity: 1722
Merit: 3447
Man who stares at charts (and stars, too...)
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Borrowed roughly $550 from ma wife for buying the after-dip  As i spent it, i realized it's like spending about $25 in late Q3/2017, when i started, and it will possibly be like spending about $12.000 in 2025, considering things play out roughly linear. |
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heslo
Legendary
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Activity: 1221
Merit: 1184
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April 21, 2021, 11:09:56 AM |
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Borrowed roughly $550 from ma wife for buying the after-dip As i spent it, i realized it's like spending about $25 in late Q3/2017, when i started, and it will possibly be like spending about $12.000 in 2025, considering things play out roughly linear. Better than never spending it for bitcoin at all! |
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LoyceV
Legendary
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Activity: 3486
Merit: 17652
Thick-Skinned Gang Leader and Golden Feather 2021
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April 21, 2021, 11:31:54 AM |
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Borrowed roughly $550 from ma wife for buying the after-dip As i spent it, i realized it's like spending about $25 in late Q3/2017, when i started, and it will possibly be like spending about $12.000 in 2025, considering things play out roughly linear. That's quite some inflation for the dollar. |
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BitcoinBunny
Legendary
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Activity: 1582
Merit: 2799
Far, Far, Far Right Thug
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House prices up 8.6% here in Covid rife UK in the past year. Council tax increase on average 4.3% Supermarket price increases are not declared but reading between the lines I'd estimate 4-5% easy if you read the price hikes during Covid on certain products and average these out. Petrol hasn't risen much since last year due to low oil price for most of that time but we are still talking 3.3% at minimum now. Like I said before my barbers went up 20-25%. I suspect he won't be the only one raising prices after Covid. But miraculously official yearly inflation is still under 2%. Funny that hey? Top job Bank of England! |
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gallianooo
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April 21, 2021, 11:56:34 AM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
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somac.
Legendary
Offline
Activity: 2120
Merit: 1256
Never selling
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April 21, 2021, 12:04:44 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. |
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vapourminer
Legendary
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Activity: 4508
Merit: 4095
what is this "brake pedal" you speak of?
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House prices up 8.6% here in Covid rife UK in the past year. Council tax increase on average 4.3% Supermarket price increases are not declared but reading between the lines I'd estimate 4-5% easy if you read the price hikes during Covid on certain products and average these out. Petrol hasn't risen much since last year due to low oil price for most of that time but we are still talking 3.3% at minimum now. Like I said before my barbers went up 20-25%. I suspect he won't be the only one raising prices after Covid. But miraculously official yearly inflation is still under 2%. Funny that hey? Top job Bank of England! dont worry; the USA will blow by you guys like youre standing still. |
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strawbs
Legendary
Offline
Activity: 871
Merit: 1355
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April 21, 2021, 12:17:43 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. Just Zoom Out ™ - about six months should do it. |
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gallianooo
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April 21, 2021, 12:26:23 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. Just Zoom Out ™ - about six months should do it. Yes I know but I think it is not the point now to zoom out 6months or more. Ok we made a "fast" run from 10k to 60k (from september 2020). But we are really stucked since more than 2 months in this range (in a supposed very bull market), BTC seems quite breathless.. Can't wait to see how he will close the monthly candle.. |
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JayJuanGee
Legendary
 Online
Activity: 3892
Merit: 11137
Self-Custody is a right. Say no to"Non-custodial"
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April 21, 2021, 12:32:02 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. Just Zoom Out ™ - about six months should do it. Yes I know but I think it is not the point now to zoom out 6months or more. Ok we made a "fast" run from 10k to 60k (from september 2020). But we are really stucked since more than 2 months in this range (in a supposed very bull market), BTC seems quite breathless.. Can't wait to see how he will close the monthly candle.. You seem to be imposing conditions upon dee king. We are in a "supposed very bull market" therefore it is unacceptable to spend 2 months around similar prices blah blah blah.. and it has ONLY been a week since our last ATH.. whine whine whine... Get a fucking grip.. 1 week since the last ATH and only a 20% dip, so far. Plus you already mentioned moving up more than 6x from September-ish (what is that around 8 months to get 6.5x - now only 5.5x) and it is NOT enough for you? |
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gallianooo
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April 21, 2021, 12:44:08 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. Just Zoom Out ™ - about six months should do it. Yes I know but I think it is not the point now to zoom out 6months or more. Ok we made a "fast" run from 10k to 60k (from september 2020). But we are really stucked since more than 2 months in this range (in a supposed very bull market), BTC seems quite breathless.. Can't wait to see how he will close the monthly candle.. You seem to be imposing conditions upon dee king. We are in a "supposed very bull market" therefore it is unacceptable to spend 2 months around similar prices blah blah blah.. and it has ONLY been a week since our last ATH.. whine whine whine... Get a fucking grip.. 1 week since the last ATH and only a 20% dip, so far. Plus you already mentioned moving up more than 6x from September-ish (what is that around 8 months to get 6.5x - now only 5.5x) and it is NOT enough for you? I'm just saying it's fucking soft, that's a fact. I don't cry, I just make observation. I am into BTC since early 2015 (200$ each) and never sold any of them since. I know you like to repeat we made new ATHs and blabla. Yes true, but I don't really consider this as It is ATH +1-5%. It is more like a "sideway ATH". Still far from a real move UP, with a real new UP leg. |
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Biodom
Legendary
Offline
Activity: 3934
Merit: 4458
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April 21, 2021, 12:45:20 PM
Last edit: April 21, 2021, 01:08:52 PM by Biodom |
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Transaction fees are crazy as pointed out above. Maybe we are heading for a dip first? Not wanting that but just being realistic. good info, thanks. TX fees tend to be volatile, though, but maybe you are on to something...or not. I fully expected a double-hump bull season, but projected first stop to be 70-85K. If it is 65K instead, then the subsequent "small bear" (before the resumption of the bull in late summer/early fall) should be less punishing. We shall see. I am not buying or selling here. |
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Biodom
Legendary
Offline
Activity: 3934
Merit: 4458
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April 21, 2021, 12:57:54 PM |
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Curious to know who drive again the price down... Didn't think there are still much people to liquidate after the drop to 50K$...
Then we reached 57K last night.. to go back now to the 54K' (or less?).. really ?
Yes it is annoying, but give it time and this consolidation phase will pass. Just Zoom Out ™ - about six months should do it. Yes I know but I think it is not the point now to zoom out 6months or more. Ok we made a "fast" run from 10k to 60k (from september 2020). But we are really stucked since more than 2 months in this range (in a supposed very bull market), BTC seems quite breathless.. Can't wait to see how he will close the monthly candle.. You seem to be imposing conditions upon dee king. We are in a "supposed very bull market" therefore it is unacceptable to spend 2 months around similar prices blah blah blah.. and it has ONLY been a week since our last ATH.. whine whine whine... Get a fucking grip.. 1 week since the last ATH and only a 20% dip, so far. Plus you already mentioned moving up more than 6x from September-ish (what is that around 8 months to get 6.5x - now only 5.5x) and it is NOT enough for you? I'm just saying it's fucking soft, that's a fact. I don't cry, I just make observation. I am into BTC since early 2015 (200$ each) and never sold any of them since. I know you like to repeat we made new ATHs and blabla. Yes true, but I don't really consider this as It is ATH +1-5%. It is more like a "sideway ATH". Still far from a real move UP, with a real new UP leg. Yes, we are currently below Feb 2021 high, so is is "f-g soft", no question about it. 65 was what they call "nominal high". |
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