Gold collapsing. Bitcoin UP.

[cypherdoc]

You actuality have to kill Bitcoin to take me out.

As in sub single digits. Let's see it.

[1713455974]

1713455974

[1713455974]

1713455974

[cypherdoc]

Bears insist on coughing up bitcoins.  And tvbcof cheers. You're idiots.

[rpietila]

You actuality have to kill Bitcoin to take me out.

As in sub single digits. Let's see it.

Low prices are times to buy. For this reason sub-single digits are a dream.

Sorry for bringing Monero to the table, but that shows the floor with Bitcoin also. The (probably no more than a few dozen) true enthusiasts keep the market cap at a few million, while the technology gets developed. Given Bitcoin's way larger pool of true enthusiasts, I'd say we are already oversold, and even the theoretical floor is in double-digits.

If one (or all, for that matter) exchanges show that USDBTC < $1, my response is and will be: For every BTC sent to this address, $1 will be given in return.

[cbeast]

I hate the way they claim market cap. Market cap should be [(BTC on market) * (mean of listed prices)*Destroyed Days]/Total BTC
or something similar.

[cypherdoc]

I continue to be impressed with the recurrent opportunities.

I just made my 2015 retirement contribution.

[rpietila]

I just made my 2015 retirement contribution.

You got the bitcoins, and all? Price was what says in the screen?

(less than a year ago the market leader with cheap coins went bust, so just assessing this scenario also  )

[cypherdoc]

I just made my 2015 retirement contribution.

You got the bitcoins, and all? Price was what says in the screen?

(less than a year ago the market leader with cheap coins went bust, so just assessing this scenario also  )

Through SM earlier. 

[msin]

Sorry for bringing Monero to the table, but that shows the floor with Bitcoin also. The (probably no more than a few dozen) true enthusiasts keep the market cap at a few million, while the technology gets developed.

You just described every single Altcoin.  The difference is that everyone holds Alts to eventually sell for BTC, and everyone holds BTC to eventually sell for Fiat. 

[cypherdoc]

new all time low vs Bitcoin:

[cypherdoc]

long term support @152:

[JorgeStolfi]

long term support @152:

I would rather guess the steady state before the Oct/2013 bubble, namely ~120 USD/BTC.

[msin]

Sorry for bringing Monero to the table, but that shows the floor with Bitcoin also. The (probably no more than a few dozen) true enthusiasts keep the market cap at a few million, while the technology gets developed.

You just described every single Altcoin.  The difference is that everyone holds Alts to eventually sell for BTC, and everyone holds BTC to eventually sell for Fiat. 

Not everyone

Yes, I'm speaking of traders only, not those who are actually interested in the tech, which is about 5% of crypto population.

[tvbcof]

...
Is it a custom in your part of the world to taste each other's asses?  

Lemme explain it if you are and oldster and/or not familiar with our culture here in the U.S.

Apparently it is common for a person new to prison to be forced to lick the asshole of the more dominant members of the group.  It's the ultimate expression of humiliation.  If the dominent guy feels like being nice he will allow the use of jelly.  One comedian (C. Rock?) put it like this: "When your are sucking dick, you can pretend it is something else.  When you're eating ass, you know you're eating ass."

So, when I humiliate cypherdoc and the likes of you from time to time, you know you're eating ass...and so does everyone else.  Cypherdoc has a remarkable capacity for denial, and you seem to as well, but deep down you both know the truth.

[cypherdoc]

stocks in critical condition.  Dow Theory non-conf in full force:

[cypherdoc]

...
Is it a custom in your part of the world to taste each other's asses?  

Lemme explain it if you are and oldster and/or not familiar with our culture here in the U.S.

Apparently it is common for a person new to prison to be forced to lick the asshole of the more dominant members of the group.  It's the ultimate expression of humiliation.  If the dominent guy feels like being nice he will allow the use of jelly.  One comedian (C. Rock?) put it like this: "When your are sucking dick, you can pretend it is something else.  When you're eating ass, you know you're eating ass."

So, when I humiliate cypherdoc and the likes of you from time to time, you know you're eating ass...and so does everyone else.  Cypherdoc has a remarkable capacity for denial, and you seem to as well, but deep down you both know the truth.

dude, the most conviction you ever display is during market extremes, like where we are currently, when you pretend you called it.  the vast majority of the time you are neutral, w/o any conviction, which is not such a bad thing really.  what's bad is that when conditions do swing to the extremes, you like to pretend you were calling it all along.  it's worse than being a broken clock.  at least i have conviction based on my beliefs which i don't mind sharing, which for Bitcoin is positive.  during long pullbacks, i can look silly as i've explained before.  but at least i'm being intellectually honest with myself and others, unlike you.  your rhetoric against Bitcoin has picked up considerably only recently corresponding with the fall in price which confirms you have no idea what's going on.  you're simply a slimeball which is plain for everyone to see.

[cypherdoc]

btw, tvbcof never called the bottom @1.98 in 2011 like he pretends.  he's free to provide some links for proof but all i recall was some vague reference.

[zanzibar]

long term support @152:

I would rather guess the steady state before the Oct/2013 bubble, namely ~120 USD/BTC.

Throughout '14 I acquired about 1k BTC at an average price of 350USD.  At these prices I'm considering a 1k BTC lump sum buy.  I've doubled my returns in the various stock investments over the last two years.  At this point I don't see anything else that looks as attractive as BTC.  The weird thing is I don't see BTC as an investment, it's like a stock, commodity, currency all wrapped in one.  I'm never going to sell my BTC, I'm hoping that eventually I can spend it on everything I need. 

[cypherdoc]

I'm never going to sell my BTC, I'm hoping that eventually I can spend it on everything I need. 

you pretty much can at this point with services like Gyft and Snapcard.

[Melbustus]

long term support @152:

I would rather guess the steady state before the Oct/2013 bubble, namely ~120 USD/BTC.

Throughout '14 I acquired about 1k BTC at an average price of 350USD.  At these prices I'm considering a 1k BTC lump sum buy.  I've doubled my returns in the various stock investments over the last two years.  At this point I don't see anything else that looks as attractive as BTC.  The weird thing is I don't see BTC as an investment, it's like a stock, commodity, currency all wrapped in one.  I'm never going to sell my BTC, I'm hoping that eventually I can spend it on everything I need. 

Yeah, bitcoin is a unique play: a transactional currency, inflation safe-haven, and tech hyper-growth stock rolled into one. Very strange.

[cypherdoc]

the black hole is going parabolic.  deflation at its best: