xhomerx10
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Activity: 3934
Merit: 8494
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ChartBuddy
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Online
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2022, 04:01:20 PM |
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sirazimuth
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Activity: 3458
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born once atheist
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June 18, 2022, 04:12:34 PM Merited by JayJuanGee (1) |
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On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto...
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a1 Hashrate LLC2022
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June 18, 2022, 04:18:10 PM Last edit: June 18, 2022, 04:32:51 PM by a1 Hashrate LLC2022 |
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grabbed a bit. and ready for next drop. Maybe 17.9 or 17.8 by late sunday. Still calling 15-17 range for bottom. Much depends on fed and July adjustment. If Fed does .5 in July and .5 in August BTC is in a world of shit. One good sign is the difficulty looks to be dropping https://www.bitrawr.com/difficulty-estimatorLatest Block: 741313 (4 minutes ago) Current Pace: 97.7929% (1442 / 1474.54 expected, 32.54 behind) Previous Difficulty: 29897409688833.63 Current Difficulty: 30283293547736.68 Next Difficulty: between 29657658556208 and 29707412266931 Next Difficulty Change: between -2.0659% and -1.9016% Previous Retarget: June 8, 2022 at 6:46 AM (+1.2907%) Next Retarget (earliest): Wednesday at 1:44 PM (in 4d 1h 12m 39s) Next Retarget (latest): Wednesday at 2:21 PM (in 4d 1h 49m 32s) Projected Epoch Length: between 14d 6h 58m 6s and 14d 7h 34m 59s during the 2018 unwinding the diff went up and up and up while price dropped.
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FullNode
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Activity: 505
Merit: 270
Don't Trust, Verify
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June 18, 2022, 04:20:33 PM |
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Damn bears
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PokestarFan
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June 18, 2022, 04:21:41 PM |
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The Fed's role (and the ECB) is first and foremost to control inflation, and after a decade of not having to do anything about it as it was low, now is the time to do something for them.
The Fed actually CREATED the insane inflation that we are seeing by printing 30+% of all U.S. fiat in existence in less that a year and shoving that out into the world. And now they supposedly want to tame the inflation they themselves created? They can fuck off. All they are going to do by raising rates is finally get the massive global layoffs they didn't get with Covid and pushing mandatory vaccines. All by design. I mean I dislike the feds as much as the next guy but "vaccines" are not a government weapon. Don't believe the antivax BS
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xhomerx10
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Activity: 3934
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June 18, 2022, 04:21:50 PM |
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On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto... Does such a creature actually exist? I haven't encountered one.
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Torque
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Merit: 5226
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The Fed's role (and the ECB) is first and foremost to control inflation, and after a decade of not having to do anything about it as it was low, now is the time to do something for them.
The Fed actually CREATED the insane inflation that we are seeing by printing 30+% of all U.S. fiat in existence in less that a year and shoving that out into the world. And now they supposedly want to tame the inflation they themselves created? They can fuck off. All they are going to do by raising rates is finally get the massive global layoffs they didn't get with Covid and pushing mandatory vaccines. All by design. I mean I dislike the feds as much as the next guy but "vaccines" are not a government weapon. Don't believe the antivax BS Fuck off troll
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Wilhelm
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Activity: 1652
Merit: 1265
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June 18, 2022, 04:27:58 PM |
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Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?
This is the official signal that the bottom is in
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bitcoinPsycho
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Activity: 2576
Merit: 2293
$120000 in 2024 Confirmed
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June 18, 2022, 04:29:36 PM |
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Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?
You missed it
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sirazimuth
Legendary
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Activity: 3458
Merit: 3568
born once atheist
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June 18, 2022, 04:30:16 PM |
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On the bright side of the economy.... that guy at the office who will never stop talking about crypto...has stopped talking about crypto... Does such a creature actually exist? I haven't encountered one. Probably not, albeit, it gave me chuckle. I'm now bracing for my inevitable batslappening...
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a1 Hashrate LLC2022
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June 18, 2022, 04:34:21 PM |
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Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?
You missed it They may be a 15k party in just a bit. as JJG says "DCA" You can start today.
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sirazimuth
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Activity: 3458
Merit: 3568
born once atheist
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June 18, 2022, 04:40:51 PM |
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Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?
You missed it Llama Llama was the guest of honor at the $1.00 party. ...as he will be at the next one....
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Hueristic
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Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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June 18, 2022, 04:49:56 PM |
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Consider selling 20-25% of my Bitcoin. Anyone else? I have this great reset theory and now they introduced the digital USD. Its going into that direction. I start to be worried BTC will end up like Luna, once the panic kicks in? Dumped to 18.6K and nobody is buying WTF. I am in since 2013 and ever since holded BTC. Never took profits. Never sold. I would go nuts leaving this game without a cent in my pockets after 9 years All these people writing only an idiot would sell at these levels. I remember people were saying the same at 69K while talking about 300K. Is this a joke? I panic sold in my 1st cycle and learned it the hard way back then... But you are in your 3rd, so I'd say what the fuck are you talking about? But maybe everyone has to have the experience to sell near the bottom (73% down). So if you feel you must sell here, do it. But make sure to buy back in on the way up.. which is the hard part You need to learn how to properly use the ignore feature. I think I shut him up on his first post here. from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.
Ignored, see how easy that is.
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shahzadafzal
Copper Member
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Activity: 1638
Merit: 3005
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Time-travel is still not possible, but you can buy bitcoin at old price. How about that?
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sirazimuth
Legendary
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Activity: 3458
Merit: 3568
born once atheist
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June 18, 2022, 04:54:49 PM |
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Off topic (on topic is depressing) Pro tip for today... When ordering at a fast food joint and the server has a name tag like Chianti, Janelle, Phelipi, or Erez, (or some such nonsense), has permanent, illegible bumper stickers plastered all over both arms, is sporting giant hula hoop earrings, and you are hard pressed to tell what biological parts they are packing..... ....check your order before leaving.
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ChartBuddy
Legendary
Online
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2022, 05:05:02 PM |
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Wilhelm
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June 18, 2022, 05:10:37 PM Merited by empowering (1) |
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Time-travel is still not possible, but you can buy bitcoin at old price. How about that?
Well it is possible. Buy Bitcoin Buy spaceship Accelerate away from earth and fly at close to lightspeed for a while in a big loop When you get back time has dilated and it's 2030 or later and Bitcoin is >1M and you haven't aged more than 1 year. Cash your Bitcoin and live in wealth (Requires some math too time the time dilation)
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jojo69
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diamond-handed zealot
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June 18, 2022, 05:12:31 PM |
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Asking for a friend who seems to have very limited time to come up with some dollars...
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JimboToronto
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Activity: 4102
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You're never too old to think young.
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June 18, 2022, 05:20:27 PM |
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Good morning Bitcoinland.
Another day, another leg down... currently $18862USD/$24572CAD (Bitcoinaverage).
Still waiting to see how this goes. What a week. ___
It looks like I may have to pass on the house I was planning on buying. I'd rather forfeit my $70k deposit than sell another $1.3m+ at these prices.
When I signed the purchase-sale agreement, Bitcoin was worth over $40kUSD. I started to DCA my BTC liquidation and was about a third of the way there after selling another 5BTC last week (June 6-10). I planned to sell another 3 coins on Monday and more again on Friday (yesterday) but backed off when I saw the dip. I consulted my main OTC connections who said they were also suspending business until things stabilized a bit. Now it's almost a week later and there's no rebound in sight.
The house is what I'd been looking for... ideal downtown location, income potential (AAA tenants in place), fully renovated, rooftop garden, etc... but I'm not going to gut my BTC nest egg to buy it. I don't want to ever have a mortgage again. I learned that lesson over 30 years ago when my cheap 6.5% mortgages jumped to almost 20%. I laugh at kids who bellyache about single-digit inflation. I swore I'd only ever pay cash. Credit is a scam.
My BTC stash is still enough to live happily ever after. I want to keep it that way.
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