Welcome!
Have you paid your WO Membership yet?

It’s payable in beer - To everybody Senior Member & Above.

{Joking - Welcome}

The top of the cycle could be right but $3,000 per BTC in October 2019?

$4,000 ish at the halving?

Overly bearish & very unlikely.

I'm tired of seeing this old (07.07.2018) stupid graph.

Hopefully by Oct 2019 people will stop reposting it.

Haha!

If you can wait until 2021 I think we’ll see $100,000 per coin. Glad to see you’d always keep some in reserve, good choice. You just know there’s going to be some HODLERS who sell everything at the next ATH & watch in horror when we hit six figures.

Are you playing with 100% of you BTC stash, or some smaller amount?  Frequently it is not good to sell too much of your stash and then wait for the price to come back down to your selling point.  That's what happened to Roach at $700 and that is what happened to jonoiv at $6k.

This made my day  
Oh, dear, you are not joking.



Do you realize that if you bought and held since Jan-March to now, you would be sitting on at least 350% profit? I don't think there are sane peeps in this thread that enjoy 24% profitl?!? What is that?!? Not to mention the majority here who invested in 3 or 2 digits and still didn't cash out that much? You must be a newbie both to WO and Bitcoin. Oh, boy, another proof of my earlier posts that most of the daily traders barely get any % of profit, while hodlers enjoy profits like 3x-10x-100x etc...  

Nice profit but why do you want all that dirty fiat? I much prefer to HODL bitcorn!
I’m here for a long time, amigo. That 24% fiat profit won’t look so good in a couple of years

Whatever works for you mate. I bought most of my coins at 3 figures & still haven’t sold. I respect if you want to play the market & buy low, sell high but I don’t like to think about the risks of selling & buying back more expensive if it goes up.

Just try to always keep some that you don’t trade with.

and we wish you the best of luck with your gambling

Maybe It was my bad. I ate, paid and left without waiting anything. Maybe they were going to gimme my small drink no big deal anyway. I can digest with beer just fine.

$11.3k daym why don't it move? Make a move dammit. I'll be happy even if its a downwards move.

We just came from 10.6 not long a go..... why didn’t you bought Then.... 

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Yep. You mastered it. That's also exactly what I am doing. But I am not sure about the $50k part. I will dump some when it reaches 50k that's for sure but probably not all of them. I believe it can do a fomo fump to $80k+ but it will stay there only for 1 or maybe 2 days before collapsing. If your coins happens to be not on an exchange at that time, you are effed. Or prepare to pay $500 for a transaction.  

Edit: I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

Seems like Bitcoin has become a stablecoin at around $11,400 haha 

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

How much we dropping guys?

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years?  


You do know that 5x is not guaranteed, too, right?

Good morning WO!
Observing @ $10,470

Market was $11k+ but now under $11k however does it matter?
1BTC = 1BTC

Yeas I hold Bitcoin try to hold on large amount Big mistake in my life when bitcoin price $3300 sell bitcoin. trying hold bitcoin with use Stop-loss.

I think we have reversed... or not?  

P.S. Chinese conmen ran out of ammo (Chinese ponzi coins)?

I was looking at the speculation board round about January 2017
This is a speculation post I found which gives some indication of how wrong we can be.
This guy/gals $10k prediction (as many others) seemed ridiculous.....

If only they knew they would be hitting $19k that year..... 

Other posts were hoping for a $5k to $6k bitcoin and $1k to $2k was reasonable.

So if we now shout $100k is stupid, then don't forget that it could be like 2017 and we might go to a ridiculous $200k-$400k or even higher. 

New poll incoming.



86 of you are doing it wrong 

Never seen Ron Paul make a numerical prediction for metals before:

https://www.silverdoctors.com/gold/gold-news/ron-pauls-modest-gold-price-prediction-3000-gold-by-the-end-of-2020/

Gold at $3000 by the end of 2020 would bring silver to a minimum of $75, mid to high side of $100, or high-optimistic side probably around $120.

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

Bitcoin is in a bull trend. People calling for a bull trap don't realize that it just cannot be in the 8 month long bull trap. If this was the case and bitcoin turns bearish on the longterm chart, it would be the first time in bitcoin history. So it's very unlikely. When no coiners realize that, it will be probably too late for them.

if buy at $35OO will i be ok? haa

at $3500 a few months ago he was waiting for $1000

1)  The gold to silver ratio chart highly favors silver

2)  Silver is the most artificially downward rigged commodity on the entire planet in the futures market and the goal is to buy low sell high
 
3)  There's something like 1/4th the amount of above ground silver now as during the 1980's metals bull run while there's twice as much above ground gold since then.  Hard to quantify the exact supply numbers, but they favor a massive silver spike moreso than gold in any type of 'free market'.

4)  To prevent silver from being depleted and disappearing like it's current trajectory, the price will eventually have to go to several hundred dollars an ounce to warrant recycling in things like electronics

5)  In any type of monetary metals revaluation, the west has a huge shortfall in gold with probably somewhere between 0 to 2000 tons only, so would likely attempt to buffer the gold shortfall with silver valued at a high ratio like 10-20:1 instead.

6)  All other things being equal, silver has better fundamentals than gold due to having more use cases.  Commodity money works under the context that if you hoard the entire supply, people somewhere actually need the commodity resource for something and you can ask whatever the market can bear.  Conversely, since Bitcoin is not a real commodity or resource, if you hoard all 21 million the entire planet can just laugh at you and you have no power over anyone or anything.

Not sure how accurate this source is...but something to keep you guys busy in Bearish and Baby Bull trend.

Details
Age 30 Male
Not American
Atheist Hindu
Annual earnings ( skip)
Single in relationship not married ( using phone hard to read small fonts
Freelancer/self employed
No political leanings
Not generous - may be once in a month-

What price will #Bitcoin reach in September?


Source: https://twitter.com/boxmining/status/1168191887251054593

Ok. you want bitstamp chart, no problem.  

Btc/Usd Bitstamp (CME Chart Bad, Mkay)  

The first major resistance for the shorterm is marked with the yellow area. Around 10.800 Usd to 11.000 Usd, it depends when it gets there.
The first minor resistance is marked with the orange area. We are currently already there. Around 10.500 Usd.

via Imgflip Meme Generator

Just hit the Belgian news..... the WO-member thats interested in this Will know why I post it.... Nice for you man, the rooting have helped her!!!!!

A NEW talent in tennis....

Cheers

OMG checked toknormal's post history - this guy is a clinical case. He's a veteran shitcoiner since 2013! 

Is the easiest way to gain merit really just posting Moonboy content ?

Maybe i should make a second acc.

If you have no intention of ever ranking up then that’s ok but if you want to become a higher ranked member here then Merit’s are not useless, you need them along with the required activity to rank up.

Au contraire, do you have any idea how much I have been offered for this account?

I want to see these statistics when Bitcoin reaches its bullish trend



You may have to see the money injected into the Exchanges to list or try to give shitcoins oxygen ...

is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?

Other countries like Italy prefer to use Bitcoin than Credit Cards for online purchases.

You can corroborate my statements here:


https://es.cointelegraph.com/news/italians-prefer-btc-to-visa-or-mastercard-when-shopping-online

and:

https://dailyhodl.com/2019/11/01/italians-opt-for-bitcoin-in-e-commerce-with-shoppers-gearing-up-for-crazy-deals-on-black-friday-and-cyber-monday/

And there is much more information if you start to investigate a little more.

Sub $9,000 again?

Fuck off!

Bitcoin - The lies! Learn to get the truth out of the charts




The death cross is here to claim its victim. You can look at a chart and not get much out of it or you can truly try to get the truth behind what the whales and algos want you to believe. You will be extremely successful once you can see the true intention of the market beyond the lie that it is trying to convince you of.

The fact is that we needed a reset to a great "Buy" zone, at least that's the only way I am jumping in. I am a client at 7K or $4500. Your best bet is to continue to sit and wait. Our strategy is to find a low risk / high reward opportunities and milk it. The two opportunities that I see right now are marked with bright green X's on the chart.

DONT FORGET TO FOLLOW ME AND HIT THE LIKE BUTTON.

WHAT WAS HAPPENING THIS WEEK?
BTC was trying to fool you. You always want to find those little battlegrounds to see which side has the momentum, YOU HAVE TO DIG THE TRUTH OUT OF THE CHART. Right now the bears have it, it shows in that it is easier to go down than up. At this point, BTC has to be pumped up constantly and if not, it starts to range and then falls. Rewind to yesterday, the chart below shows the 6H timeframe and that triangle showed that after ranging sideways for a while BTC was going to fall. It's had a tough time going back over the 50MA so the signs of this big drop were there even though we were looking at a bull flag . I want you to pay attention here: The whales/Algos whatever you want to call them were printing a perfect bull flag (which for those that believe chart patterns it means we are going up), and I guarantee you that a lot of traders fell for it. Just as this flag was in the process of printing it was obvious that we were going down, why? because a reset is needed before we move up, and the next move up will be very strong so it needs a big dip before it happens. So what's next for BTC? It will take a rest at around $8500.



So as simple as I can put it, what were the signs that this bull flag was a trap?
1 We are under a Death Cross
2 We are on a secondary downtrend
3 We have not made a higher high in a long time
4 Volume is down
5 We are in the middle of nowhere, it makes little sense to take off from here

We are even under a death cross on the Crypto Total Market Cap




When would it be a good time to jump in? Very simple.
If we hit complete bottom (Mother of all buy zones)
If we hit the Optimal buy zone
If we exit the downward channel .

THE TREND: Going Down, we have not made a new higher high
THE OUTLOOK: Expected to go down, surprising if it goes up.
BE SAFE AND FOLLOW ME TO BECOME PROFITABLE AND STAY AHEAD OF THE CURVE.

from source: https://www.tradingview.com/chart/BTCUSDT/znSa6n84-Bitcoin-The-lies-Learn-to-get-the-truth-out-of-the-charts/

^
First 7 then 8.5 but but .... we are at 8.7-ish now??

I must be drunk?

Naaah not possible, still need to leave the house....

Expecting slow and steady growth for $BTC in 2020.

via Imgflip Meme Generator


https://twitter.com/galaxybtc/status/1195028502233399297?s=21

Just give me my weekend hopium

You make our current situation sound so dire, Bossian.

Do you remember that on October 25, we had 42% in 12 hours from $7,300 to $10,300, and if we get back to $7,300 over the following month or so (which would bring us to November 25), do you think that we are worse off merely because we went back to the starting point of what had happened in 12 hours?  

Well, we gotta get back to $7,300 first, I suppose, but I doubt that the situation is as dire as you are making it out to be, even if we were to get below $6,400.   What's so special about $6,400?  Remember from April 1, to June 27, we went from $4,200 to $13,880?  $6,400 does not even bring us back down to $4,200, but we would have to get down to $6,400 first, and we seem quite a ways off from $6,400, but hey, things happen fast in bitcoinlandia, so I would be prepared to buy, instead of thinking about selling and then end up being wrong in the even that BTC prices were to stop going down... .and surely we see those kinds of things happening in bitcoinlandia.  

We have jonoiv still waiting for sub $6k for more than a 6 months, and we have some others who are still hoping for sub $3k, which yeah, they might get lucky, but I would rather be buying on the way down rather than taking some actions (such as selling now) and then regret it later.

If that system works for you, then so be it.  I cannot be a hater, but seems like you are engaging in a lot of reliance on what is supposedly in the charts and your interpretation of that, and again, if you have gotten both good at it, and also able to employ systems in which you profit from either price direction, then you are likely in a good place, yet to me, it seems that you are kind of relying on price movements in one direction or another in the short term and historically, we have seen so many times that a variety of purported experts get the short term wrong - that's why I mentioned those two recent upwards explosive spurts.

Sure it is possible that anything can happen, but betting on down in what appears to be a bull market seems quite risky.

Yeah, I know there are several folks that are asserting that we are currently NOT in a bull market, but seems like wishful thinking to me.  Even bitcoin does not seem to change back and forth from bear to bull to bear to bull... so if you are engaged in defining bear and bull in terms of short swings, I have difficulties relating, especially when it seems that our that there are pretty decent odds that our early 2019 price move from $4,200 to $13,880 had demonstrated that we had gotten out of our 2018 bear market.

Of course, we do not know for sure until after the fact, but if you are trying to predict exactly the correction level in a bull market versus trying to assert that we are in a bear market, and either theory seems filled with lots of risk.

Also, I don't play around with BIG plays like you, but buying at $9,300 might not be so bad if you had sold somewhere in the supra $11k or even higher, but yeah I suppose that there are a lot of scenarios that buying at $9,300 might not seem to be too good, unless you are just getting into bitcoin. 

If you are just getting into bitcoin then buying at $9,300 might not be bad at all.  Just keep buying, and accumulating. Selling above $10k seems quite risky, but then you get into the same issues about trying to figure out what is happening, because there are scenarios in which BTC prices might shoot the fuck past $13,880 and go into the sub $19k arena before correcting all the way back down to $10k, but that does not seem to be a scenario that your system anticipates very well... but surely such a price performance or some other weird and unexpected price movement could happen... bitcoin is known for such weird price movements, and I doubt that it is going to stop with the weird price movements any time soon, at least maybe not until BTC prices are well in the area of gold market cap or even quite higher before the manipulation forces will become more debilitated in their abilities to fuck with bitcoin's volatility.

Frankly it is not looking good at the moment, I would even say it's time to sell, and buy back below 8k. I am pretty sure we are heading towards 7k-ish but hopefully we never go back below 6.4k. If we go back below 6.4 there will be a lot of blood (not like the movie).
Then in the middle term there should be a bounce back above 10k (I hope) but breaking above 11k and most importantly above 12.4k will be very tough.
Just hoping the halving will make things move to our advantage, but the technical analysis is looking very ugly in the short term  

How do they manage to know when Bitcoin halving  is?
Or does Bitcoin BlockChain has given date of halving

All of what you said confirms what I mentioned prior. There is no "winter", just inexperienced bears trying to use old-world TA on the new world and hope they see a few lines. Pathetic really, but I guess if you got nothing better to do it is what it is.

Almost two years of mostly under 10k (and months under 5k) after 20k spike is no winter? That is an interesting point of view...

 Let it go man; that attitude will age you prematurely.  This thread has morphed into a community-based, semi-autonomous chat board - the initial post has historical value only.  There's only one rule in here and I can't, for the life of me, remember it.

Quoted for reference; needed trolling confirmation. TA is a joke at best; keep being the sheep. 

BTC/USD
Long/Short Ratio
80:19
% of supply long:short
0.16:0.04
Long Daily Charge
$44,390
Short Daily Charge
0.38517 BTC
Total Long
29,494 ($215,539,203)
Funded Longs
$126,829,153
Total Short
7,251 ($52,989,583)
Funded Shorts
5,205 BTC


one last push to liquidate them all.

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Towards 4k? That would be sad indeed. What do you think about bouncing off 5.2k and forming inverse head and shoulders (with 5.2k during early 2018 and 3k during the last winter)? As for short term - does waiting for another 6-6.5k low and buying at that level to sell during bounce make sense? I am talking about small amounts, my main stash is for long-term holding.

Yes, the trend is undoubtedly bearish. I have been reading this thread for a long time and I lost count of "last opportunity to buy below 5 digits" and "buy the dip" posts during bear market...

worst TA ever. below $15000 until 2024, you must be completely retarded.

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

The wise-guy traders will get REKT eventually with there "all knowing" thoughts.... good to keep the main stash in long term HODL mode, the I sell all at 9K can be good some times, will end in REKT most of the times.

The halving is in 6 months Bossian, you’re either trolling or totally retarded if you think $4,000 is likely with a block reward halving imminent. That’s a 50% drop from here. It just isn’t going to happen.

Look at the price movements leading up to & following the previous block reward halvings.
You clearly have no idea what you’re doing or you’re trolling & I can’t figure out which.
 

Want to put your money where your mouth is?

0.05BTC bet?

• I say we see a new ATH before 2022
• You say we won’t?

One big problem, LFC has proven numerous of times to hold his word, as I did as well and a few others on this thread, I bet someone would like to be the keeper of the bet, in that way we can see your serious at bossian and then we can take you serious

I have a bit of a problem taking you serious, cause I think it was very disrespectful deleting that post, which wasn't insulting or anything....

I would not mind be the bet keeper, as a ton of people to be trusted wouldn't mind....

^^
@bossian, the post is quoted, so can't be changed by one of you guys

https://archive.is/tilzS

here's your silly bet archived by a fourth party

note that LFC has far more to lose in terms of reputation than Bossian

Bet has been archived. It will stay there, no need to do anything stupid like a contract. Let’s just see how it plays out, pretty sure I will win

Now when 8k

But But what about the trading losses by the day of payment.......... we Wall Observers think about all possible scenario's in order of payment and keeping word etc  

Mmmkey... so 4k after the halving? R u crazy?    Half of daily BTC supply will just disappear from market and the price will magically go to $4k?

There are only two possibilities:

1. You're a retarded bear troll vegetable with an IQ of 0
2. You're a bear shill hoping for more weak hands to sell now before BTC goes parabolic again    

This December I have the hope that the demand in the market will grow, I have always seen that the demand of DeepWeb increases in December and the price increases, I hope this month is something similar to that of 2017 and not of 2018 ...

-6% ... why?  
People expected to close the month with a green monthly candle?   I don't understand...

Ask yourself. Is our planet considered to have too many people? Population overgrowth (world) and what could be the solution?

November                    ⇧                                                                
   ⇩
     ⇩                           ⇧      
       ⇩                      ⇧
          ⇩               ⇧
              ⇩       ⇧
                  ⇩⇧
             December

Bitcoin 6k 2017! Bitcoin 6k 2018! Bitcoin 6k 2019! Bitcoin 2020?

Starting to see another "Fun with Fractals" pattern forming. If it plays out, expect some boring price movements for a couple of weeks as well as a re-test of $6,600.



Perfect accumulation time imo

What would really drive worldwide adoption?

I shouldn't be replying to this, but couldn't resist...

So, you're worried that you lost 2.5% of your salary in 60 minutes? Do you really think this matters? Check your balance in a couple of years and tell me then how much you've lost...

I bought my first Bitcoin at $200 from a Bitcoin ATM in 2015. The moment it arrived in my wallet, the balance was $178 (11% loss). I should have felt so sad and cheated, right? 11% loss in 10 minutes! Wow!

As of now, one Bitcoin is worth around $7200. That's 3500% (or 35x) gain in 4 years. Go find a bank or other investment that can beat that.

Enough said. HoDL.

Imagine you received your salary in Bitcoin from 2015 until today, and you used it for your everyday life/family expenses. Do you think you would have gained or lost? Think about it.

The proper act would have been to post this in your self moderated thread rather than delete it, it makes you look scammy. And I doubt anyone here trusts you. I did alot more digging into Betfair before posting that link. It has seized many accounts for no reason given and claims it can close accounts at its own discretion without reason. I also read many posts from professional poker players about it ripping people off. I have no intention of arguing what sites are safer than others I just add some info and let others make decisions for themselves. When people delete those links I immediately believe the worst.

BTW, Betfair makes you pay back if they posted the wrong odds, there is a thread on it I found while researching it. I have no faith in any odds they place are correct. So you posting an outrageous spread by them just makes it look like a honeypot. Especially when they are known to reverse winnings. Feel FREE To Google THAT.


It's funny you chose one rated "D" to start a thread about when there are literally pages of rated D to rated F sites it stinks of paid FUd.

https://www.sportsbookreview.com/blacklist/

And its funny you point out there are 10 reports of seized monies from that scamsite xbet but I have found many times more than that on betfair thats rated A-.

I don't trust any of these sites and think they are all paid for ratings and its a DYOR issue.

And people like you that try to hide the facts are scammy it was obvious your post was intended to drive traffic to Betfair, I don't doubt you are being paid for subversive actions against competitors and to drive traffic.

We are not fools here so fuck off.

I'll not waste my time on this again, go back to your self moderated thread to find suckers to scam.

https://www.google.com/search?client=firefox-b-1-d&ei=LM3nXdedAZGRggfewK64AQ&q=SBR+betfair&oq=SBR+betfair&gs_l=psy-ab.3..0i8i30.428443.429539..430274...1.0..0.315.660.1j2j0j1......0....1..gws-wiz.......0i7i30j0i8i7i30j0i7i5i30.gXh8zcK4fDo&ved=0ahUKEwjX47OTpJzmAhWRiOAKHV6gCxcQ4dUDCAo&uact=5

It's funny you chose one rated "D" to start a thread about when there are literally pages of rated D to rated F sites it stinks of paid FUd.

Good morning WO!
Observing @ $7,449
It's better and this is fine.

R0ach and Bossian

According to the chart, the behavior clearly indicates that we are at the beginning of a good bullish rally.




Source: https://twitter.com/PositiveCrypto/status/1202627555016220674

https://imgur.com/a/MXXnNFk - Hi guys. I have never written anything here. This is my first post. But I have been trading since 2017. I wanted to share my charts.

BTC/USD
Long/Short Ratio
84:15
% of supply long:short
0.21:0.037
Long Daily Charge
$37,883
Short Daily Charge
0.32568 BTC
Total Long
37,880 ($285,020,484)
Funded Longs
$126,276,811
Total Short
6,743 ($50,736,355)
Funded Shorts
4,587 BTC


closed my long because its the most crowded trade on the internet.

went short @7580$

feeling not so confident (tight stops)

https://www.tradingview.com/x/lTknVaPh

Bitcoin is the revolutionized currency, Believe it or not!

At our current price we collide with the support line on .... 25 December.  So theoretically could go sideways until then but seems pretty unlikely.

Merit giveaway don't miss. :p

https://bitcointalk.org/index.php?topic=5211840.0

I believe Bitcoin will reach 7x from the last ATH, i.e. 130-140K. What I don't believe is that I will have the mental power to HODL until then   The price won't get there automatically. There will be many major resistances on the way. For starters, we have to break the two major resistances at 12K and 19K. There were many predictions that at the end of 2019 the price would have been above 20K, but this obviously didn't happen. However, after the halving this is more probable to happen. Considering that in 2017 we had 2 major resistance lines after the ATH was broken - 2.9K and 4.8K, I expect simiar resistance at 29K and 48K. If we are following 2017 pattern, this should happen sometime in 2021. Whether the price will reach and surpass 100K before the halving in 2024 is hard to predict. IMO, there are some chances for that but it will be temporarily and there might be another bear year of dropping back to 30K. But what won't be accomplished after the halving in 2020 it will be done after the halving in 2024. I mean, people now are more cautious and hurry to sell with small profits. Thus it is possible to stay longer at prices around 10K-20K. I won't be surprised if takes more than 2 years to breach the last ATH and stay above it. In longterm it is better that way. The delayed bull run is much stronger than the premature run. Anyway, after 2024 the journey to 140K will be much easier. Of course, we are speaking only about probabilities, not 100% certain things to happen.

But I want to return to my thought about the power to HODL. I have several selling plans in terms of fiat profit - 600K (which makes me a millionaire in the currency of my country which is attached to half of the euro), 1mil, 1.5mil, 2mil and 2.5mil.  I wish I can hold until 140K, but considering I am 47 years old and starting to have some health issues, I really don't know if I will be able to resist the first goal when it happens. Considering that the expenses in my country are very low, I would be able to live as a rich guy with such sum. I won't be able to buy a lambo, but I may buy/build a luxury villa and continue to go to job (which is not hard, although low paid). And if the price falls 30%+ after I sell, I can rebuy with up to half of this sum. If not, I won't be miserable since I achieved my personal goal. But let be positive and hope for the best. For now, I am continue to accumulate as long the price stays under 15K. After that my miserable salary of 850$ per month won't make the difference.

Today a friend of mine (we graduated from the same college) told me that he wants to invest in bitcoin for a quick hit and run. Invest $5k, get out when its $7-8.

I said ok, there is nothing wrong about it. I too believe it will reach at least 9-10k once again in a year.

Then I showed him how I make my buys/sells on an exchange. Then he asked me a question:

"After you buy these bitcoins, at which bank do you keep them? ING?"

I was like, "Bruh..." I was going say that with bitcoin you are your own bank but then I realized he wasn't ready for that, yet. I told him instead:

"I think you need some education before buying this shit." Then he left my place and he told me he'll wait for 6k to enter. xd which of course may never come.

See where I am getting to?

THIS IS STILL IN THE EARLY PHASE, WE ARE STILL THE EARLY ADOPTERS.

The story wasn't about that. I already told you there is nothing wrong about it. (making a quick buck)

What I'm saying is, he wants to invest in btc. He wants to get a piece from the action. He wants to get in cheap like everybody (me included)

But...

He has no IDEA I mean NONE about what bitcoin is and what it is capable of. NONE. ( I do)

These are the people who get slaughtered when btc goes south. He will always wait for a cheaper price to get in and it will never come. Because he doesn't understand what he is investing in.

Nice Article ´Falsifying the log growth model of Bitcoin value´




Source: https://medium.com/@phraudsta/falsifying-the-log-growth-model-of-bitcoin-value-7db6ca3603f2?

Decided as of Monday I'll be bearish  



New target: $5,600, until proven otherwise. Fits with the bear channel we're in that everyone else has already identified.
Going to put my short-term bear cap back on folks.

Told ya! Target 18th January! It worked like a magic! JuanGee, do you believe now in this theory? Or still sceptical?

Too many if's! Sounds complicated. All you need is a day target. When to buy or sell.

And always has been

Based on TA I guess....

Please show us how and when TA predicted an alleged worldwide health pandemic which caused the markets to crash?

Now I definitely agree with you here.  All of the talk of ATH due to halvening made it almost inevitable that we'd see a drop. If I've learned one thing with btc, it's that it'll do what everyone least expects.

Lol all the "I told you xx months ago that xy will happen and I am right you see" guys with their glass sphere... Cmon just shut the fuck up. Nobody can predict the crypto market with any fucking chart. I am into bitcoin since 2013 and it's always the same BS. It goes down, the "I told you" guys come up, it goes up, the other group of "I told you guys" come out of their holes.

One guy/company/exchange dumps their huge amount of coins using covid19 as a panic acceerator... I promise you nobody could forecast that 2 months ago...

It's good what happens right now. After the 20k, we never had the "bitcoin is death" phase. Wich is needed for the next ATH.

And who knows, maybe this time it is death. If we see 3 digits I cant imagine a new ATH anymore. Who should mine at three digits.

Eh, we're merely back to 2018 levels. It needs to fall a LOT more to hit 2008 values.