JayJuanGee
Legendary
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Activity: 3850
Merit: 10873
Self-Custody is a right. Say no to"Non-custodial"
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July 02, 2021, 02:17:49 AM |
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I think we're looking at a boring summer. Fireworks next fall?
2 more months of flat or maybe 3 months? Perhaps? Is between $25k and $46k sufficiently boring? Or would your projection for boring need to be more narrow, such as $30k to $38k? If more narrow, would the outter edges of a more narrow "boring" range be able to hold for the next 2-3 months (that would be September / October-ish, no?)? Perhaps a few more difficulty periods the mining situation should be more clarified regarding if there is shenanigans going on, or is the difficulty just going to adjust and mining hash power going to move out of China, no? I am having some doubts about the smoothness of the mining situation, but we will likely see after a few more difficulty periods. What's causing our current boring? I still have to look at my phone at least 6-12 times per day, so maybe it's just me? I don't even feel that I am "over-invested" but inquiring minds want to know if the price is moving in one direction or another..... is there a break out? is there some other news? Listen to the BSV retards in the past few days.. that surely is news, but did not cause their shitcoin to pump, but surely patent/copyright trolls do prevail from time to time and cause some seeming injustices along the way. Isn't this the kind of "stability" that so many forum members had prayed for, but might not like it when the actual "stability" is here? I surely can agree to the potential sustainability of a flat that happens in the 30% ($46k) to 60% ($25k) correction arena as compared with the sustainability of a flat that was being "hoped for" earlier in the year in the less than 15% correction arena (in the supra $55k arena), because this arena seems a wee bit more sustainable than one that would have been so high within our previous movement UPpity.. and especially since we had experienced a 6.5x price appreciation between September and April/May and really no meaningful BTC price corrections during that time. I doubt that we could really proclaim that this price area is really truly boring.. Can we? .. There's gotta be some behind the scenes battle going on that's gotta get resolved one way or another, no? even if it could take a few months to resolve, as you seem to be suggesting d_eddie... Maybe many of us would like a quicker resolution of the behind the scenes price battle, but king daddy no does not seem to work like dat.
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savetherainforest
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July 02, 2021, 02:30:09 AM |
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Yes, greed is bad, ruins the world. I appreciate the candid reflection, even if it's a bit awkward to read in a pump thread.I have no idea how long this miserable sideways action is going to be, but here's hoping it will get the FOMO Bitcoin adoption going, thinking of it as a red carpet price wise. My theory as mentioned before, when this train leaves the station it will be epic, as never seen before, taking us so high that everyone involved will question their sanity, and by the time doubters expect it to end in a bear market season, fiat inflation will continue to drive the price up through mass adoption. I had a good laugh. ... Man ... I come here just to shill the fall of bitcoin, brag about me dumping sh!t left & right... and sitting like a cat to jump on the bandwagon of "The Next Bitcoin" project. But I'l probably have to wait 2-3 more years for that to appear on the horizon. ... For now... we are stuck with " BTCutcoin"
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ChartBuddy
Legendary
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 03:01:37 AM |
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Copetech
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July 02, 2021, 03:46:31 AM Last edit: July 02, 2021, 10:14:23 AM by Copetech |
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I think we're looking at a boring summer. Fireworks next fall?
2 more months of flat or maybe 3 months? Perhaps? Is between $25k and $46k sufficiently boring? Or would your projection for boring need to be more narrow, such as $30k to $38k? If more narrow, would the outter edges of a more narrow "boring" range be able to hold for the next 2-3 months (that would be September / October-ish, no?)? Perhaps a few more difficulty periods the mining situation should be more clarified regarding if there is shenanigans going on, or is the difficulty just going to adjust and mining hash power going to move out of China, no? I am having some doubts about the smoothness of the mining situation, but we will likely see after a few more difficulty periods. What's causing our current boring? I still have to look at my phone at least 6-12 times per day, so maybe it's just me? I don't even feel that I am "over-invested" but inquiring minds want to know if the price is moving in one direction or another..... is there a break out? is there some other news? Listen to the BSV retards in the past few days.. that surely is news, but did not cause their shitcoin to pump, but surely patent/copyright trolls do prevail from time to time and cause some seeming injustices along the way. Isn't this the kind of "stability" that so many forum members had prayed for, but might not like it when the actual "stability" is here? I surely can agree to the potential sustainability of a flat that happens in the 30% ($46k) to 60% ($25k) correction arena as compared with the sustainability of a flat that was being "hoped for" earlier in the year in the less than 15% correction arena (in the supra $55k arena), because this arena seems a wee bit more sustainable than one that would have been so high within our previous movement UPpity.. and especially since we had experienced a 6.5x price appreciation between September and April/May and really no meaningful BTC price corrections during that time. I doubt that we could really proclaim that this price area is really truly boring.. Can we? .. There's gotta be some behind the scenes battle going on that's gotta get resolved one way or another, no? even if it could take a few months to resolve, as you seem to be suggesting d_eddie... Maybe many of us would like a quicker resolution of the behind the scenes price battle, but king daddy no does not seem to work like dat. Ain't Bored... Buying! Yes, greed is bad, ruins the world. I appreciate the candid reflection, even if it's a bit awkward to read in a pump thread.I have no idea how long this miserable sideways action is going to be, but here's hoping it will get the FOMO Bitcoin adoption going, thinking of it as a red carpet price wise. My theory as mentioned before, when this train leaves the station it will be epic, as never seen before, taking us so high that everyone involved will question their sanity, and by the time doubters expect it to end in a bear market season, fiat inflation will continue to drive the price up through mass adoption. I had a good laugh. ... Man ... I come here just to shill the fall of bitcoin, brag about me dumping sh!t left & right... and sitting like a cat to jump on the bandwagon of "The Next Bitcoin" project. But I'l probably have to wait 2-3 more years for that to appear on the horizon. ... For now... we are stuck with " BTCutcoin" Sit Down N00bie!(Looks like we're in for some Downtime) BTW, Money is NOT the root of all Evil. It's the Love of Money that IS the Root of All Evil. And Love... And Hate... They's just two Sides of the Same Coin. Either way, it's passion. Anything you are Passionate about is Loved/Hated... Just depends how the toss lands today. Money is the storage of value. And those who just want to find another way... most times just haven't realized their resentment is based on a lack of anything of value to store. Those who declare that all has gone wrong and that you should follow a different path, if they don't offer clarity of what that path is, and the responsibility you bare by following it... well, they're just trying to grasp more power by appealing to emotional whims of the adolescent mind. Money is nothing but the tool. The craftsman can use that tool to make the world a better place. But the grifter, the charlatan, just uses that tool to grasp more power. Don't blame the tool, blame the grifter! And find, or better yet BE the craftsman that fixes it.
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ChartBuddy
Legendary
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 04:01:26 AM |
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sirazimuth
Legendary
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Activity: 3500
Merit: 3582
born once atheist
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July 02, 2021, 04:37:07 AM |
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Every time I read my DCA email confirming my latest buy, it's always at the rate of the last pump that lasted like 2 minutes.... You know what? I've been doing this for so many years now, I don't really GAF. ....<burp> LOVE YA BROS! (no homo)
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 05:01:27 AM |
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ChartBuddy
Legendary
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 06:01:35 AM |
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ivomm
Legendary
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Activity: 1884
Merit: 3074
All good things to those who wait
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July 02, 2021, 06:29:54 AM |
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Good morning ladies and gents! I'm so bored by this price action that I've bought another chunk for 1000€. Thanks to JJG and Dabs for the very useful comments on my last post. I'm still thinking about the balance between sold and kept Bitcoin stash. I guess I've sold a bit too much, so now I rebuy back some. Of course, I won't sell everything under any circumstances, except terminal disease! I will need a couple of years perhaps to find a better place to live and then cash out for a real estate.
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modrobert
Sr. Member
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Activity: 385
Merit: 333
-"When the going gets weird, the weird turn pro."
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July 02, 2021, 06:35:10 AM |
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Say it one more time....(in S. Jackson's voice) ...even if it's a bit awkward to read in a pump thread.
who's pumping? My mistake, "HODL thread" then? Reading negative statements about greed was the surprising part.
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explorer
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Activity: 2016
Merit: 1259
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July 02, 2021, 06:55:24 AM |
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Summer sideways. Feels like 2013? That was a loooong summer. Buying opportunity of epic proportions.
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 07:01:26 AM |
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 08:01:25 AM |
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bitcoinPsycho
Legendary
Online
Activity: 2618
Merit: 2369
$120000 in 2024 Confirmed
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I predict next chart buddy to be $33895
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ChartBuddy
Legendary
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 09:01:34 AM |
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LFC_Bitcoin
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Activity: 3668
Merit: 10255
#1 VIP Crypto Casino
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July 02, 2021, 09:23:07 AM |
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Sub $33,000 Whoever is selling, a plague on your houses!
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ImThour
Copper Member
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Activity: 1470
Merit: 1527
Bitcoin Bottom was at $15.4k
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Just spent another $1000 to buy BTC @ 32,700. I am gonna buy any dip you serve me.
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LFC_Bitcoin
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Activity: 3668
Merit: 10255
#1 VIP Crypto Casino
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July 02, 2021, 09:39:07 AM |
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Just spent another $1000 to buy BTC @ 32,700. I am gonna buy any dip you serve me. Here, have some nachos for the dip you just bought
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 10:01:28 AM |
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2021, 11:01:27 AM |
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