sirazimuth
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born once atheist
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January 20, 2022, 11:54:13 PM Last edit: January 21, 2022, 12:22:41 AM by sirazimuth |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 21, 2022, 12:01:35 AM |
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sirazimuth
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born once atheist
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January 21, 2022, 12:02:21 AM |
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Buddy always replies to me....
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somac.
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Never selling
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January 21, 2022, 12:05:53 AM Last edit: January 21, 2022, 12:15:58 AM by somac. Merited by JayJuanGee (1) |
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It is amazing that the only coins that moved in this 2 month bear market are bought in the last 6 months, a.k.a. short term hodlers. Hence these guys alone are selling. Poor weak hands, they must be screaming like little girls while selling. I just wonder whether there is a single long term hodler to sell in panic now that we are 30K below the ATH 2 months ago? Probably none. And another thing. Is there a single daily trader, who can boast that he is in profit in the last year? Probably none. At least the stats show only liquidations and endless series of stop losses. It sucks to be a trader. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But where are they getting the coins? In the move from May to Nov most of the buyers were LTH with little selling history. And there is buying by the LTH again at these levels. Either we have amazingly lackluster demand or STH have more coins then we think.
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ivomm
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All good things to those who wait
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January 21, 2022, 12:28:33 AM Merited by JayJuanGee (1) |
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It is amazing that the only coins that moved in this 2 month bear market are bought in the last 6 months, a.k.a. short term hodlers. Hence these guys alone are selling. Poor weak hands, they must be screaming like little girls while selling. I just wonder whether there is a single long term hodler to sell in panic now that we are 30K below the ATH 2 months ago? Probably none. And another thing. Is there a single daily trader, who can boast that he is in profit in the last year? Probably none. At least the stats show only liquidations and endless series of stop losses. It sucks to be a trader. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But where are they getting the coins? In the move from May to Nov most of the buyers were LTH with little selling history. And there is buying by the LTH again at these levels. The term Short Term Hodlers (STH) combines the daily traders and new wanna-be hodlers who bought in the range 40K-60K. These were coins from Long Term Holders (LTH) who always sell on the way up, and not so much on the way down. Humans are predictable, so when a new investor sees his profit erased in the blink of an eye, he just can't help and sell on the break even in the best case. Glassnode stats clearly show that the movement of old coins itensified during the 2 bull runs in 2021 and went to 0% during the 2 dumps. All these bear wet dreams of cheap coins will soon die in ashes, because without the aid of old coins dumped on the market the crashes will be insignificant like the current one. This is quite different from the bear market in 2018, when the old coins flooded the market during the run to 20K and the recovery to 12K. Now, if we assume that the current situation is a big bear manipulation, then these must be new players, completely ignorant regarding Bitcoin specifics. They can't bring the price down simply by selling each time there is a small pump, like with stonks. They need a help from the old coins, which could be lured only above 60K. But then they might be surprised again by the lack of such event, since the hodlers are waiting for 100K and fewer will sell at 60K than in 2021. So it is a win-win for the bulls even mid-term, not to mention long term.
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BobLawblaw
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January 21, 2022, 12:35:49 AM |
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It is amazing that the only coins that moved in this 2 month bear market are bought in the last 6 months
Curious. How are you discerning this?
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ChartBuddy
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January 21, 2022, 01:01:26 AM |
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suchmoon
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https://bpip.org
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ChartBuddy
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January 21, 2022, 02:01:27 AM |
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fr4nkthetank
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Now the money is free, and so the people will be
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January 21, 2022, 02:01:59 AM Merited by JayJuanGee (1) |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 21, 2022, 02:09:55 AM |
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I am starting to think we might see the "These early Bitcoin assholes were lucky and do not deserve the gains they made" narrative heating up pretty soon. In some ways stories like the above kind of don't help. People are going to want to believe that our good fortune was entirely up to luck and involved no risk, or work on our part. You are correct.. These kinds of tensions are likely going to continue to persist and certain levels of stereotypes and exaggerations... Why would anyone really want that kind of a picture or himself? Hardly even close to objective and complements the superficial spinnings of the article. That fucking yellow malaka is responsible for this pump over the Turkey adoption "news"
Goddamn the memelords sometimes...
I did not know about Turkey's adoption of bitcoin (or crypto). All I heard about was that the two leaders met, and no real announcement regarding bitcoin or crypto was made from Turkey.. as far as I know. This below-linked article is from about 7 hours ago. https://www.wsj.com/articles/turkeys-erdogan-meets-el-salvadors-bitcoin-boosting-leader-amid-economic-crisis-11642678083
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strawbs
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Hang on a minute, is bitcoin dead? Thought I'd drop by just to check. Ah no, just a fire sale - get 'em while they're cheap. Last chance.
#haiku fail
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marcus_of_augustus
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Eadem mutata resurgo
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January 21, 2022, 02:19:04 AM |
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Top Scientists conspired to cover up lab leak investigation Scientists believed Covid leaked from Wuhan lab - but feared debate could hurt ‘international harmony’
Emails to Dr Anthony Fauci show ‘likely’ explanation identified at start of coronavirus pandemic, but there were worries about saying so
Leading British and US scientists thought it was likely that Covid accidentally leaked from a laboratory but were concerned that further debate would harm science in China, emails show.
An email from Sir Jeremy Farrar, director of the Wellcome Trust, on February 2 2020 said that “a likely explanation” was that Covid had rapidly evolved from a Sars-like virus inside human tissue in a low-security lab.
The email, to Dr Anthony Fauci and Dr Francis Collins of the US National Institutes of Health, went on to say that such evolution may have “accidentally created a virus primed for rapid transmission between humans”.
But a leading scientist told Sir Jeremy that “further debate would do unnecessary harm to science in general and science in China in particular”. Dr Collins, the former director of the US National Institutes of Health, warned it could damage “international harmony”.
https://www.telegraph.co.uk/news/2022/01/11/scientists-believed-covid-leaked-wuhan-lab-feared-debate-could/... same stand-up guys/"scientists"/ "virologists" pushing the death jabs into you idiots more in depth
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10802
Self-Custody is a right. Say no to"Non-custodial"
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January 21, 2022, 02:40:41 AM |
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In recent times, it has been coming more obvious that there is something considerably wrong with that marine animals scale
Since it considers someone with 55 BTC a "small fish", no shit something's wrong with it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What are "we" gonna do to fix it? I don't mind going through some of the process.. we surely need some nuance.. especially since with all the hoarding, it is quite likely that 99% of the folks are not going to have more than 1 BTC... At least something like the below depicted citadel pic goes into more gradience... of the sub 1 BTC population. .................. each one of us is different. I do, however, feel that 21 BTC is a good amount of corn that enables one to reside in the upper floors of the Bitcoin citadel, ...... where were you on Bitcoin Easter?
future ones or past ones? Right now it not be feeling so good.... or optimistic.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 21, 2022, 03:01:36 AM |
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JayJuanGee
Legendary
Online
Activity: 3836
Merit: 10802
Self-Custody is a right. Say no to"Non-custodial"
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January 21, 2022, 03:05:56 AM |
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Enough daily fake outs ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Same shit that was happening in the high 40s a few weeks ago. What surprises me about this dip is that apparently there was very little new retail that bought from May to Nov last year. That move was made by LTH, and vast majority of that was not sold, and infact they LTH are buying again. So who is doing the selling to keep dropping the price, has spot buying/selling been made completely redundant now and these moves are purely from the futures markets? Had to look up LTH..... and that is be called yours truly.. (trying to keep the secret going somewhat, It's long term holders)......even though I am ONLY buying modestly... .,. and ONLY upon the price going down each $1k... been buying since around $59k (maybe even $60k.. can't remember-- it was so long ago).. then sold a few when we bounced from $41k back up to $52k-ish.. and then back to buying again.. down to $39k.. just had one more buy order triggered.... Next comes $38k, then $37k, then $36k.. etc etc... I suppose that all of those count, even though not really considered to be a lot.., at least relatively speaking.. even though it has b een adding up to a higher BTC balance than I used to have at these prices previously... When were we here? Around early August on the way back up from $28,800, no? and also briefly touched upon these $39ks in mid-September too, no? Hate to reward the bears with the BTC price going down.. but what can any of us do, except wait for the momentum to change back to UPpity.. at some point.. hopefully its coming. Hate to have some dweeb like Biodom saying I told you so... hahahahahaha.. or worse yet Raja_MBZ or proudhon or even billynocoiner... there are gradations, of course... and surely prefer UPpity and punishing the bears as much as possible.. but if there is froth needing to be purged.. so be it.. who are we (or should I say "I") to say? Gonna be crying all day long.. while buying every $1k that the price goes down, until running out of money.. crying the whole time... ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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bananaunana
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January 21, 2022, 03:08:05 AM |
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Top Scientists conspired to cover up lab leak investigation Scientists believed Covid leaked from Wuhan lab - but feared debate could hurt ‘international harmony’
Emails to Dr Anthony Fauci show ‘likely’ explanation identified at start of coronavirus pandemic, but there were worries about saying so
Leading British and US scientists thought it was likely that Covid accidentally leaked from a laboratory but were concerned that further debate would harm science in China, emails show.
An email from Sir Jeremy Farrar, director of the Wellcome Trust, on February 2 2020 said that “a likely explanation” was that Covid had rapidly evolved from a Sars-like virus inside human tissue in a low-security lab.
The email, to Dr Anthony Fauci and Dr Francis Collins of the US National Institutes of Health, went on to say that such evolution may have “accidentally created a virus primed for rapid transmission between humans”.
But a leading scientist told Sir Jeremy that “further debate would do unnecessary harm to science in general and science in China in particular”. Dr Collins, the former director of the US National Institutes of Health, warned it could damage “international harmony”.
https://www.telegraph.co.uk/news/2022/01/11/scientists-believed-covid-leaked-wuhan-lab-feared-debate-could/... same stand-up guys/"scientists"/ "virologists" pushing the death jabs into you idiots more in depth What an utter nonsense. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Post your crap elsewhere, please. No wonder BTC price crashes. Hopefully BTC will go up again when your crap is deleted.
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BobLawblaw
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January 21, 2022, 03:20:49 AM |
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Tomorrow will be better. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0WDOSjj.jpg&t=665&c=bkNOZiggrM38mw)
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