cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2021, 02:01:27 PM |
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julian071
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November 16, 2021, 02:20:46 PM |
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This is how it works: n00bs who have spent an entire day reading about what is a short/long position get aroused by the 99.99% possibility to get rich by opening a 100x leverage long position (yachts and lambos in their wet dreams I guess). And since their action is visible by everybody thanks to services like glassnode, it is easy for the bears to short the market liquidating $1 bil in 24 hours. It is like trying to win a poker game with your hand visible to everyone. Not gonna happen, pals. There is no such thing as a free lunch. Let's see if the optimism of the imbeciles will continue, leading to more liquidations. All this was helped by fake news and irrelevant fud throughout the year. Apart from that, everyone else is buying and holding as is seen by the stats. Sometimes I get the idea the market will often only move if there are enough longs or shorts to liquidate (other then the times there actually is some news). Aaaaand yes bought that dip. Started daytarding again a while ago just for the fun of it.
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bitcoinPsycho
Legendary
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Activity: 2478
Merit: 2092
$120000 in 2024 Confirmed
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November 16, 2021, 02:21:20 PM |
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Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.
Fur cough
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dragonvslinux
Legendary
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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November 16, 2021, 02:26:49 PM |
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Since when was I a day trader? For reference, I only trade the seasons for satoshi profits and otherwise invest/accumulate in the cycle when it comes to a bull market. I therefore don't trade with fiat-based shitcoins (unless in a bear market), especially not leverage day-trading, as you probably know, but each to their own. It's also ok, I don't take offence, I don't mind being misrepresented while I accumulate more Bitcoin, makes me giggle a bit really. I get that for some this day maybe a sad one, bring up some negative emotions or " would suck" as someone put it, but for me it put's a smile on my face. Fortunately the BTC drop was combined with a rise of it's dominance, so triggered some more profit taking to accumulate more just below $60K ... hence I'd expect this liquidity to eventually shift back to Bitcoin. Am otherwise liking the bounce of the 50 Day MA "what a coincidence" this would happen in a bull market
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Hueristic
Legendary
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Activity: 3808
Merit: 4898
Doomed to see the future and unable to prevent it
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November 16, 2021, 02:45:48 PM |
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aysg76
Legendary
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Activity: 1960
Merit: 2124
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Same here and now i enjoy this china ban shit talk and wait for the prices to recover more the next time. They think they can stop or hinder it's growth then it's completely wrong and this is how ban works now: Have diamond hands as CCP is having and they are dumping to accumulate more..
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2021, 03:01:32 PM |
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BitcoinBunny
Legendary
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Activity: 1456
Merit: 2494
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November 16, 2021, 03:03:17 PM |
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Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.
So far I'm up with every piece and every whole BTC I've ever bought. Think I will listen to my string of successes rather than to people without any evidence of success warning about potential failures.
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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November 16, 2021, 03:35:50 PM |
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Good morning Bitcoinand. I see we're halfway back up after a wee dip... currently $60970USD/$76508CAD (Bitcoinaverage). Hope some smart folks too advantage of the suckers who sold. I was too busy enjoying life. ...sell before it gets worse.
Smart people don't sell. They buy and spend.
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d_eddie
Legendary
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Activity: 2492
Merit: 2940
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November 16, 2021, 03:36:20 PM |
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China's final, final, final ever, Bitcoin ban honestly.
It's the end of Bitcoin again.
Works every time, Baa Baa better panic sell now!
Cue enter Billy and Proudhon full of glee.
1. CHECK Rugged again haha. What a shit coin. Are you suckers really going to hold through another crypto winter? The writing is on the wall, sell before it gets worse.
Like clockwork. Proudhon is too funny to arrive reliably on cue. He might make the audience wonder for a bit... building expectation for some theatrical math&science effect.
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julian071
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November 16, 2021, 03:41:18 PM |
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Proudhon usually shows up just before prices soar again. Hoping to see him soon.
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d_eddie
Legendary
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Activity: 2492
Merit: 2940
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November 16, 2021, 03:46:53 PM |
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Proudhon usually shows up just before prices soar again. Hoping to see him soon.
That's the theatrical effect indeed
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vapourminer
Legendary
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Activity: 4326
Merit: 3536
what is this "brake pedal" you speak of?
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November 16, 2021, 03:46:57 PM |
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Proudhon is too funny to arrive reliably on cue. He might make the audience wonder for a bit... building expectation for some theatrical math&science effect.
the drama llama
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naim027
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November 16, 2021, 03:53:44 PM Merited by JayJuanGee (1) |
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There is No Reason To underestimate the importance of BORING BITCOIN. Everyone Knows it will pump up again. But Some newbies like me will start Panic like this one
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2021, 04:01:24 PM |
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BobLawblaw
Legendary
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Activity: 1826
Merit: 5551
Neighborhood Shenanigans Dispenser
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November 16, 2021, 04:05:18 PM |
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Even if someone comes around as a fucking retarded asshole, he/she/it is acting this way just because he/she/it is struggling with life in some way, like all of us do/did and will always do so again.
This resonated deeply within me. Very insightful. Thank you for the perspective. As obvious as it is in retrospect, I have not considered the sentiment as you have stated.
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