Hamza2424
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August 07, 2022, 04:16:45 PM |
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ChartBuddy
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August 07, 2022, 05:04:54 PM |
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OgNasty
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August 07, 2022, 05:16:30 PM |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
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xhomerx10
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August 07, 2022, 05:20:58 PM |
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So I replaced the defrost thermostat in my fridge and had a hard time starting when I plugged it back in. The compressor would try to run then quit so I unplugged it to reset it a couple of times and finally the compressor ran, temperature came down and I thought all was well. I turned on the ice maker before going to bed. This morning I had water rather than ice but I had done so much research on refrigerators that I was able to pinpoint the issue to the start relay. I checked it and it had zero continuity; unfortunately there are no parts places open today. I wish I had picked one up yesterday while I was there but I was overconfident1 in my diagnosis. I decided to take it apart to see how it worked and was surprised to see a ceramic or semi-metallic disk sandwiched between the prongs. I pulled it out and it looked corroded so I gently sanded it and the contacts with some fine sandpaper and put it back together. The continuity tester beeped so it's all good. I reconnected everything to the fridge and plugged it in - the compressor started immediately. If it starts making ice, then I'll purchase a new start relay tomorrow; they're about $25 each.
1 I was so overconfident that I took JJG's advice and used the ~$2k I would have spent on a fridge to buy more corn and ramen. Meh... who needs a fridge anyway? Winter is coming so I can store my meats, cheese and coffee cream on the balcony.
NB. The start relay was so much easier to access and remove than the defrost thermostat sensor though the parts are equally priced. You don't need to be well-versed in yoga to change the start relay but the thermostat sensor requires some contortions.
BuY BitcoiN
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OutOfMemory
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August 07, 2022, 05:35:54 PM Merited by JayJuanGee (1) |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
Really? Got a sauce link handy? EDIT: Other good analysts who called the $69k top, for example, say that BTC will go sideways below $30k until 2024... I don't know... Probably King Daddy will do some other thing.
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ChartBuddy
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August 07, 2022, 06:03:34 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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August 07, 2022, 06:41:47 PM Last edit: August 07, 2022, 07:22:38 PM by JayJuanGee |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
Really? Got a sauce link handy? EDIT: Other good analysts who called the $69k top, for example, say that BTC will go sideways below $30k until 2024... I don't know... Probably King Daddy will do some other thing. Part of the reason that I strive to gravitate to around 50/50 regarding a lot of my anticipations continues to be difficulties to really know anything with much of any certainty, yet at the same time, for anyone with even half a brain, it should be difficult to buy into any ideas of BTC maintaining prices at or below the 200-week moving average for significant periods of time - absent some kind of information that something is broken in my lil precious. We do not really have that kind of news in recent times - even though we do have news that a lot of folks had been engaging in double, triple, quadruple and even much higher quantities that I cannot even count of the quantities of bitcoin that they had and then presenting that information to other people (who believed them) in order to get more bitcoin while offering "yield" on an asset that is designed to pump forever. Sure, discovery of those kinds of arrangements can contribute towards causing the BTC price to go crashing down to ungodly levels, yet there are ways that bearwhales can also end up getting caught up on the other side of those kinds of trades, too... So it does not seem sustainable to be betting in only one direction when BTC prices have already been gravitating below, at or near the 200-week moving average - for nearly 2 months now.. and sure maybe a break-out to the upside will not be sustainable (aka a dead cat bounce), yet I have never heard of a dead king daddy.. I mean I have heard of it for sure (around a few hundred times-ish), but I have not seen such a thing play out in reality (so far). Edit: Whoops. I forgot to mention, which was one of my main inspirations to response to this post in a kind of timely manner... We have the close of the weekly candle that is coming within about 5 hours of the time of this post - so accordingly, the BTC price has been hovering in the lower $23ks for a couple of hours.. but really for about the past three days.. and largely this seems to be contributing to a potential nail-biter in the remaining hours regarding whether or not this week's candle is going to be red or green - and so we are going to need BTC prices to be at least $23,287 in order for this week's candle to end up green.. Bite your nails if you must.... I am not going to say.. and maybe it does not even matter very much so long as the BTC price closes right around the lower $23ks or the upper $22ks.. and our 200-week moving average is just about to touch upon $22,900 as well.. slowly gravitating UPpity - $10-ish per day these days.
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Paashaas
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August 07, 2022, 06:56:47 PM Merited by JayJuanGee (1) |
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Sanctions are working – whatever Putin says.Don’t believe Vladimir Putin’s hype. The Russian economy is not OK. With western sanctions jeopardising up to 40 per cent of the country’s GDP, Putin’s assurances of an economic pivot to the East are a sham. And his weaponising of gas supplies to Europe is the financial equivalent of strapping on a suicide vest.That, roughly, is the message of a major new study published last week by the Yale School of Management about the impact of sanctions on Russia. Yale, working with a team of international economists, has looked past a wall of Russian obfuscation and used real-world data from retailers, energy traders and investors to reveal a picture very different from the rosy image presented by Putin at the St Petersburg Economic Forum in June. ‘The economic blitzkrieg against Russia never had any chances of success,’ he told an audience that included a delegation from the Taliban. ‘Like our ancestors, we will solve any problem; the entire thousand-year history of our country speaks of this… Gloomy predictions about the Russian economy’s future haven’t come true.’
The Yale study provides the first comprehensive set of data that proves Putin absolutely wrong. Let’s start with the outright lies. ------------ The endgame of this war will be a battle between guns and gas. Putin is gambling that the economic pain of his gas cut-off will break western support for Ukraine before western guns break his army. But sanctions have opened another economic front where Russia is suffering far more than was previously thought. Putin can and does deny that economic pain. But illusion has a price. Economic crisis will soon enough become a political one. https://twitter.com/PowerVertical/status/1555990540134617088
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ChartBuddy
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August 07, 2022, 07:03:28 PM |
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BitcoinBunny
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Sanctions are working – whatever Putin says.Don’t believe Vladimir Putin’s hype. The Russian economy is not OK. With western sanctions jeopardising up to 40 per cent of the country’s GDP, Putin’s assurances of an economic pivot to the East are a sham. And his weaponising of gas supplies to Europe is the financial equivalent of strapping on a suicide vest.That, roughly, is the message of a major new study published last week by the Yale School of Management about the impact of sanctions on Russia. Yale, working with a team of international economists, has looked past a wall of Russian obfuscation and used real-world data from retailers, energy traders and investors to reveal a picture very different from the rosy image presented by Putin at the St Petersburg Economic Forum in June. ‘The economic blitzkrieg against Russia never had any chances of success,’ he told an audience that included a delegation from the Taliban. ‘Like our ancestors, we will solve any problem; the entire thousand-year history of our country speaks of this… Gloomy predictions about the Russian economy’s future haven’t come true.’
The Yale study provides the first comprehensive set of data that proves Putin absolutely wrong. Let’s start with the outright lies. ------------ The endgame of this war will be a battle between guns and gas. Putin is gambling that the economic pain of his gas cut-off will break western support for Ukraine before western guns break his army. But sanctions have opened another economic front where Russia is suffering far more than was previously thought. Putin can and does deny that economic pain. But illusion has a price. Economic crisis will soon enough become a political one. https://twitter.com/PowerVertical/status/1555990540134617088 Remind me again in January when I'm sitting with 10 blankets and 4 hot water bottles about how we need more sanctions placed on Russia because the next round "will definitely work and stop the invasion". ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFZjLZOmWIAEeSGS%3Fformat%3Djpg%26name%3Dsmall&t=665&c=eaxyjJJrAxMsbA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFZjLZcDWYAEcLR-%3Fformat%3Djpg%26name%3D360x360&t=665&c=w_jX7UqbBU0row)
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OutOfMemory
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August 07, 2022, 07:33:58 PM |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
Really? Got a sauce link handy? EDIT: Other good analysts who called the $69k top, for example, say that BTC will go sideways below $30k until 2024... I don't know... Probably King Daddy will do some other thing. Part of the reason that I strive to gravitate to around 50/50 regarding a lot of my anticipations continues to be difficulties to really know anything with much of any certainty, yet at the same time, for anyone with even half a brain, it should be difficult to buy into any ideas of BTC maintaining prices at or below the 200-week moving average for significant periods of time - absent some kind of information that something is broken in my lil precious. We do not really have that kind of news in recent times - even though we do have news that a lot of folks had been engaging in double, triple, quadruple and even much higher quantities that I cannot even count of the quantities of bitcoin that they had and then presenting that information to other people (who believed them) in order to get more bitcoin while offering "yield" on an asset that is designed to pump forever. Sure, discovery of those kinds of arrangements can contribute towards causing the BTC price to go crashing down to ungodly levels, yet there are ways that bearwhales can also end up getting caught up on the other side of those kinds of trades, too... So it does not seem sustainable to be betting in only one direction when BTC prices have already been gravitating below, at or near the 200-week moving average - for nearly 2 months now.. and sure maybe a break-out to the upside will not be sustainable (aka a dead cat bounce), yet I have never heard of a dead king daddy.. I mean I have heard of it for sure (around a few hundred times-ish), but I have not seen such a thing play out in reality (so far). Edit: Whoops. I forgot to mention, which was one of my main inspirations to response to this post in a kind of timely manner... We have the close of the weekly candle that is coming within about 5 hours of the time of this post - so accordingly, the BTC price has been hovering in the lower $23ks for a couple of hours.. but really for about the past three days.. and largely this seems to be contributing to a potential nail-biter in the remaining hours regarding whether or not this week's candle is going to be red or green - and so we are going to need BTC prices to be at least $23,287 in order for this week's candle to end up green.. Bite your nails if you must.... I am not going to say.. and maybe it does not even matter very much so long as the BTC price closes right around the lower $23ks or the upper $22ks.. and our 200-week moving average is just about to touch upon $22,900 as well.. slowly gravitating UPpity - $10-ish per day these days. Just read that edit in the reply... However, all is true, imho. Regarding half-a-brains, it seems to me it's a requirement (less than half a brain) to blindly follow influencers and shitcoin jesuses (pun intended). For me, as the passive hodler, it's quite interesting to come across these opposing predictions, made by reputable, experienced persons that are analysing the market for longer times. I am curious how the next year or so will play out, and i can't even choose which "side" to favor. Not that all of the people i was writing about (PlanB included) always called the future correctly, but more so about the majority of their predictions were correct, at least sort of, for example when ranges were called, which are much easier to hit than exact prices. Still, interesting, interesting. Something for my mind to hang on to. Like sports analysts, talking about future matches, calling their favourites and sometimes results. I just enjoy watching the game, without throwing my money at the sports betting business
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ChartBuddy
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August 07, 2022, 08:03:29 PM |
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JayJuanGee
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August 07, 2022, 08:23:34 PM |
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[edited out]
Just read that edit in the reply... However, all is true, imho. Regarding half-a-brains, it seems to me it's a requirement (less than half a brain) to blindly follow influencers and shitcoin jesuses (pun intended). For me, as the passive hodler, it's quite interesting to come across these opposing predictions, made by reputable, experienced persons that are analysing the market for longer times. I am curious how the next year or so will play out, and i can't even choose which "side" to favor. Not that all of the people i was writing about (PlanB included) always called the future correctly, but more so about the majority of their predictions were correct, at least sort of, for example when ranges were called, which are much easier to hit than exact prices. Still, interesting, interesting. Something for my mind to hang on to. Like sports analysts, talking about future matches, calling their favourites and sometimes results. I just enjoy watching the game, without throwing my money at the sports betting business Yes.. it is kind of funny that folks allow themselves to get overly reckt when maybe they could have just got a little reckt.. like those of us HODLers who largely just held through this 75%-ish correction.. So for sure, I had been inclined to put a quite a bit of credence in the stock to flow model as well as the 4-year fractal and the exponential s-curve adoption based on Metcalfe principles and networking effects, and I have not even backed away from considering that those models are still validly underlying bitcoin's price dynamics - without necessarily getting caught up into the specifics regarding what ends up happening in the short-term - or that stock to flow is making way more sense if it gets shifted down on the curve because it is going to be much more difficult to get an average of $100k for this whole 4-year halvening period - even though $50k could still be doable.. hahahahahaha... Now whether we measure our current slump (doldrums) from the BTC drop below $28k around 2 months ago or we go back to the earlier drop below $35k about 3 months ago, either way we are still in a pickle in regards to how long might it take to get out of these doldrums.. and is there more DOWNity to come or not.. I will admit again that I had to remove some of my buy orders for nearly two days during that first drop below $20k and down to $17,593 - so I did end up buying in the $19ks, missed my then buy order in the $18ks and the one that I removed in the $17ks would not have ended up triggering anyhow... but there was a bit of a nervous time even for yours truly in terms of having to regroup to a certain degree.... So having had nearly 2 months to regroup, there could be some abilities to regain cockiness - but at the same time, still not really knowing if whatever regrouping had been adequate.. and so sure, each of us likely go through various kinds of trade-off calculations regarding how much BTC we buy with any incoming cashflow if we have any, did we feel that we had to rejigger any of our cashflow and/or assets that we have, and how much dry powder do we consider to be reasonable to maintain in case the BTC price drops lower.. and surely sometimes we will make choices that end up precluding us from having to attempt to go through some of the calculations, and we will just conclude our course of action to be good enough... .. but yeah, only time is going to tell us if the BTC price goes up from here or not.. but time still might not tell us whether we made the right choices in terms of balancing our psychology and/or finances - merely if we ended up guessing correctly about BTC's short to medium term price direction for some of us who might not choose to sufficiently/adequately prepare for either direction - while at the same time, even if there is a kind of feeling of prepared for either direction, the resources still may well not (and probably should not) be stacked in ways that are equal.. so a lot of folks can end up screwing up in those kinds of calculations and balances and/or even misreading what I am saying by having 50/50 BTC/cash.. and that would likely not be the correct allocation answer for many folks absent going through individual particular analysis of cashflow, other investments, view of bitcoin as compared with other investments, timeline, risk tolerance, time, skills and abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.
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348Judah
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August 07, 2022, 08:41:02 PM |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
Without doubt there will soon be an up rise in bitcoin but what's in my own fear is the doubt i have for it reaching ATH which is $68k this year, it may rather move near the range as the case maybe, but certainly there will be many experience of bear and bull within and after this.
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Paashaas
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August 07, 2022, 08:43:39 PM |
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Sanctions are working – whatever Putin says.Don’t believe Vladimir Putin’s hype. The Russian economy is not OK. With western sanctions jeopardising up to 40 per cent of the country’s GDP, Putin’s assurances of an economic pivot to the East are a sham. And his weaponising of gas supplies to Europe is the financial equivalent of strapping on a suicide vest.That, roughly, is the message of a major new study published last week by the Yale School of Management about the impact of sanctions on Russia. Yale, working with a team of international economists, has looked past a wall of Russian obfuscation and used real-world data from retailers, energy traders and investors to reveal a picture very different from the rosy image presented by Putin at the St Petersburg Economic Forum in June. ‘The economic blitzkrieg against Russia never had any chances of success,’ he told an audience that included a delegation from the Taliban. ‘Like our ancestors, we will solve any problem; the entire thousand-year history of our country speaks of this… Gloomy predictions about the Russian economy’s future haven’t come true.’
The Yale study provides the first comprehensive set of data that proves Putin absolutely wrong. Let’s start with the outright lies. ------------ The endgame of this war will be a battle between guns and gas. Putin is gambling that the economic pain of his gas cut-off will break western support for Ukraine before western guns break his army. But sanctions have opened another economic front where Russia is suffering far more than was previously thought. Putin can and does deny that economic pain. But illusion has a price. Economic crisis will soon enough become a political one. https://twitter.com/PowerVertical/status/1555990540134617088 Remind me again in January when I'm sitting with 10 blankets and 4 hot water bottles about how we need more sanctions placed on Russia because the next round "will definitely work and stop the invasion". ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFZjLZOmWIAEeSGS%3Fformat%3Djpg%26name%3Dsmall&t=665&c=eaxyjJJrAxMsbA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFZjLZcDWYAEcLR-%3Fformat%3Djpg%26name%3D360x360&t=665&c=w_jX7UqbBU0row) You didn't read ore understand this article. Europe does not want to get blackmailed and showing balls, that will come at the cost of a thougher winter which is doable with gas saving plan. The transition does not take that long. New liquid gas terminals beeing build. New deals from Azerbeijan/Turkmenistan. U.S turned into 2e world's gas producer shipping it to Europe. Putin laughs now but not on the longer term.
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ChartBuddy
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August 07, 2022, 09:01:27 PM |
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sirazimuth
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August 07, 2022, 09:12:39 PM |
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Well, if my fridge ever goes on the fritz and/or I need a hat...I know who to ask... GO BITCOIN ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F3IW9d6u.png&t=665&c=HsMhpU2DqBFQVQ)
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dragonvslinux
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August 07, 2022, 09:43:06 PM Merited by JayJuanGee (1) |
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Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Yes, this is what happens when Bitcoin begins to form a bottom. If 2019 is anything to go by, then a mini bull-run is a strong possibility. Blackrock has nothing to do with it, price barely moved, similar to so-called bearish news (that's completely irrelevant) about Michael Saylor. It's because Bitcoin has been confirming a bottom for the past month, so unsurprising market sentiment is turning bullish in correlation with short-term bullish price action creating higher highs and higher lows. This is commonly known as the disbelief relief rally. Expect it all the way up to $30K imo. Then once the rally is no longer disbelieved, a correction will arrive. I'm sorry OG, but this isn't rocket science as to what's happening right now, despite the "nothing positive will happen as MtGox coins will crash the market" theory that's currently falling apart. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. He's been calling a bottom since $50K. Eventually he'll get it right given a broken clock is still right twice a day. At least now he is referencing metrics other than S2F to call a bottom. I’ll stay away from leverage personally, but do hope the next up cycle is upon us. Likewise. To some degree at least. At least use leverage when the market is under-leveraged long, with a loose stop loss. rather than over-leveraged long with a tight stop loss. Such as now ironically.
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ChartBuddy
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August 07, 2022, 10:01:21 PM |
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