All posts made by fred1111 in Bitcointalk.org's Wall Observer thread
1.
Post 3674798 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.27h):
Bitamp is higher than Gox, that is usually bullish, isn't it?
Does it mean that the value of being stuck with fiat on gox is higher than the value of fiat on Bitstamp?
2.
Post 3676986 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.27h):
Whats all this about bitcoin not being a convenient payment method? Scan QR code, click send, whats more convenient?
It will be really convenient once hardware wallets with cameras (for scanning QR codes) and biometrics (to prevent theft) start appearing.
3.
Post 3694874 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.28h):
Bear trap complete, monday rush getting priced in. The resistance at ~760 (on bitstamp) was surprisingly high. Very bullish sign IMO.
4.
Post 3710441 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.28h):
You better get used to other crypto-currencies in the space. People like choice, even if you don't. Kind of a freedom thing....knowwhatimean?
Yeah I use Facebook and Orkut every day. Oh wait, I don't.
5.
Post 3739510 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.29h):
Real estate is todays gold for most people, ie a safe store of value. I Wonder if Bitcoin will change that
6.
Post 3743317 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
The money in circulation today ($USA) is 1,18 trillion dolars [...] the projected theoretical value is 1,18 trillions of $ /21 Million Bitcoins= $56,190.47 per bitcoin.
How about the us debt + the rest of the world currencies?
7.
Post 3749671 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
8.
Post 3749846 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
I suspect the
real madness will take another 1-2 weeks to hit. New money following the flood of >1000 USD new coverage will take some time to get into the exchanges, especially if the verification queues are backed up.
We could even touch 10k$ before crashing back to ~$1200
9.
Post 3749894 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
I suspect the
real madness will take another 1-2 weeks to hit. New money following the flood of >1000 USD new coverage will take some time to get into the exchanges, especially if the verification queues are backed up.
We could even touch 10k$ before crashing back to ~$1200
Wrote that before seeing the thread called "$1,300 to 10,000 very rapidly". Apparently that idea isn't so far fetched.
10.
Post 3750366 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
I'm excited as everyone else and want to see this going to 10k but people seem to forget that all it takes it one whale dumping 30k coins and we're back at 400 and then panic selling will bring us even lower.
A whale will never dump so much so fast, the stupid whales are now bears and cashed out a long time ago.
11.
Post 3757206 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
Some guys watched the news saying it reached $1000, remembered they had a stash of BTC somewhere, panic sold.
12.
Post 3767020 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.30h):
ATH at Bistamp means choo choo for everyone
13.
Post 3777692 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.31h):
It has little to do but to put things into perspective, Facebook has a market cap of 115 billions.
The Bitcoin market cap should be compared to fiat and commodities, not stocks.
Cyprus is next.
14.
Post 3813850 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.31h):
The Tor black markets are getting closed one after the other. I'd say that's pretty bullish for Bitcoin. Remember when Silk road was busted?
15.
Post 3814121 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.31h):
The Tor black markets are getting closed one after the other. I'd say that's pretty bullish for Bitcoin. Remember when Silk road was busted?
You mean way back in the thousands of hours ago?
Yes. The Silk Road bust proved that these black markets could be shut down, which made Bitcoin more respectable. The recent shutdowns of BMR and Sheep, whatever the reason, reinforces the idea that Bitcoin is not just a currency for black markets.
16.
Post 3828673 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
The frontpage here is bullish I'd say.
http://www.businessinsider.com/
17.
Post 3828811 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
Frontpage of bloomberg and many other financial websites also feature this story!
18.
Post 3829148 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
I know Ron Paul isn't exactly mainstream, but still...
"Ron Paul: Bitcoin could 'destroy the dollar'"
http://money.cnn.com/2013/12/04/technology/bitcoin-libertarian/index.html?iid=HP_LN
19.
Post 3832821 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
Mmh, maybe now is the time to take a loan...
20.
Post 3832845 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
Mmh, maybe now is the time to take a loan...
whoops too late
21.
Post 3832868 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.32h):
People who didn't have their coins in the exchanges can still panic. Waiting for press release T+1h
22.
Post 3858834 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.33h):
If I knew the low, I would have sold and bought back. If you don't know how low it's going to go, you shouldn't sell. So since you can't know, you shouldn't sell. Unless you don't understand Bitcoin. Oh shit, most don't.
23.
Post 3859354 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.33h):
Predictions?
Chaos, a brief bear market, then more exponential growth.
Cmon, ask me something hard.
This.
Although brief could mean several weeks
24.
Post 3875868 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
Oh sorry, didn't mean to be vague. To the moon!
Vague is better. Done correctly, it means you can never be wrong.
In this thread, everybody's vagueness is wrong at some point!
25.
Post 3875919 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
Keep talking about the moon btw, the bots reading this page become bullish. I'm mostly all BTC, no more cheap coins needed.
26.
Post 3883420 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
27.
Post 3883458 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
Gox is down for me
28.
Post 3883876 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
I was going to buy at 730 usd but now it's 815 usd per btc on gox. Is it going to go down again?
No you have to panic buy. No one here can answer that, and don't expect people to answer you with _your_ interest in mind.
29.
Post 3885787 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
That 850 wall was just vaporised!
Someone has a lot of catching up to do.
30.
Post 3891229 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.34h):
I usually fall in these traps, so this time I only have one foot in the trap
31.
Post 3896575 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
What's with the rally every night (when I want to go to sleep?)
it starts in 15 minutes, be patient
32.
Post 3898821 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
I wonder if some will cash out from the wall street rally and diversify into Bitcoin. Now would be a good time for the Winklevoss Bitcoin trust to go live.
33.
Post 3898897 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
feels like we are close to the decision point of a continued bull market or not.
The chinese made that decision it seems
34.
Post 3909465 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
The other exchanges don't seem to agree. I'm holding off the panic buying for now
35.
Post 3909999 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
Ok Market order, I'm all in. Now is usually the time when the whales dump
36.
Post 3913033 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
37.
Post 3913050 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
That 6000 wall went up in smoke pretty quickly. Tchooo tchoooo
38.
Post 3913210 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
Panic buying starting @ Gox in 3, 2, 1 ...
39.
Post 3914994 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
The bears went out for some fresh air, now it's back to the bunker
40.
Post 3915083 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
Support is building up above 950, but price is still going down, mmhh
41.
Post 3916410 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
Timothy B. Lee: What informs your thinking about the future of Bitcoin?
Mark Williams: I used to be the senior vice president of a commodity trading firm in Boston. I'm very familiar with commodity prices with high volatility.
That's where I stopped reading.
To be fair, Bitcoin is a commodity which is highly volatile. That being said, he seems to have overlooked all the other properties of Bitcoin. He's one of those who doesn't want to bother finding out what the fuss is all about.
42.
Post 3916429 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
The press is afraid of being accused of pumping up Bitcoin, so they publish humoristic articles instead
43.
Post 3917621 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.35h):
Look like the correction is coming guys.... Well we're all about long term right? Its healthy to be this way. I personally hate volatility so i dont like the world media keeps talking about "bubble"
We should go up slow and steady not 15% in a day.
There is volatility because the price is almost exclusively speculation. That's a feature, not a bug. The speculation feeds capital indirectly into Bitcoin infrastructure.
44.
Post 3926103 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.36h):
Q2 2014 will be interesting. The Bitcoin start-ups will start rolling out their products, Wall Street will carefully and slowly get in.
45.
Post 3928697 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.36h):
I think predicting the value of Bitcoin for the short term (less than 6 months) is like trying to predict storms, you know they will happen some time in autumn, but you have no way of knowing when. Accepting chaos is difficult, but it doesn't change the fact that some things can't be predicted. You could predict a storm a few days in advance, but anything more than that is like looking in a crystal ball.
46.
Post 3929798 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.36h):
Most fiat is waiting for the so-called week-end dip to buy, which means we're going down or sideways until sunday, when capitulation kicks in.
47.
Post 3963247 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.38h):
Never has a week-end been more uncertain
(I started
gambling trading in the $300's)
48.
Post 3976831 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.38h):
Who's the best ever at predicting BTC price development?
It would be luck, not skill. But still interesting.
49.
Post 3989802 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.38h):
I smell bear trap. It's monday, the whales are back to work, and the job description is buy cheap coins.
50.
Post 4004798 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.40h):
We need a longer consolidation in the 700's to refuel the rocket. But hey, this is Bitcoin so what do I know.
51.
Post 4005187 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.40h):
China over 4K again...
The West is leading the price, finally!
52.
Post 4005903 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.40h):
People in this thread have like no timezone at all
53.
Post 4153617 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.46h):
absolutely laughing my ass off at all the butthurt bears, keep hanging onto that fiat.
ATH amounts of fiat on gox, hitting $40m+ and they still cling onto $300 coins.
please hold your fiat for a long long time
I was all fiat (with the play money), your post was the final kick which made me buy back. B0.2 lost, oh well. So, you may start the dump now that I've bought back
54.
Post 4153791 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.46h):
[_img]http://www.blockchained.com/depth_mtgox.png[/img]
You haven't bough back?
55.
Post 4164697 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.47h):
Look at how thin order book is & crappy volumes , this is not gonna end well if this trend continues , but I dont now when.
Bid sum is ATH, all it takes is some good news in the coming days to start a rally.
56.
Post 4341027 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_11.51h):
And now the volume is picking up!
57.
Post 5818302 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.28h):
58.
Post 6129995 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.34h):
When you see the global phenomenon that is Bitcoin, the fact that the scarcity is only going to increase, I see its price grossly undervalued.
Sure, the price is mostly speculation now, but the fact is that there is surprisingly few people/organisations with money speculating on the Bitcoin price at the moment. That will probably change when more respectable exchanges start gaining credibility within the existing financial industry.
Until then, we're going to continue to have a bear market. There simply isn't enough demand to lift the price. So, forget about $1000 this year. And yet, I'm Hodling!
59.
Post 6130792 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.34h):
The heartbleed bug could have compromised private keys from root certificate authorities. Trust in the security of browser-based crypto will be diminished, with the side effect of less trust of other cryptographic technologies such as crypto-currencies. Bearish for Bitcoin.
60.
Post 7096809 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.50h):
Stamp getting ddos'd
61.
Post 7147384 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.50h):
The next few hours should get interesting
62.
Post 7147758 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.50h):
1.5KK wall around 670, let see it will break or not.
That wall is so going to get pulled. It's just there to scare the kids off the lawn.
63.
Post 7163809 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.51h):
Whatever the direction this takes, it's going to be brutal
64.
Post 7251841 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.52h):
Where's the arbitrage? It's still middle of the week. It's ridiculous how inefficient this market is.
Probably bitcoins are bought in China and sold at Bitstamp. The same happened in January with MtGox.
Some insiders expect PBoC FUD soon. It's been quiet for too long.
Buy high sell low? It doesn't make sense
Why not? I do it all the time
65.
Post 7280523 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.52h):
Not all leveraged longs have been squeezed yet.
Expecting some help from people moving coins when coming home after the football match.
66.
Post 7717890 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_12.57h):
Any press is good press
67.
Post 8000951 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.00h):
The Ether sale will dump BTC onto markets
68.
Post 8001964 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.00h):
Could the dumps be related to the ethereum ipo launch?
The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.
Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!
they aren't dumping them. they have all the received btc in a multi-sig wallet address.
They will dump them. The market is anticipating that.
69.
Post 8003070 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.00h):
Finally we can get through the long squeeze. Get ready for the flash crash bitfinex
+1
Not sure how low this can go though, lots of buyers lined up. I for sure am one of them.
70.
Post 8066341 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.01h):
Looks like we are about to find out if the wall at $575 is real or not.
It probably is. The leveraged longs will start pannick selling into it one after the other. Maybe not now, but after a few more weeks of no sign of an upward trend. There is buying pressure, though the weak hands must be shaken before we can go up.
71.
Post 8105786 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.01h):
And down we go. All the smart people are getting out.
Haha I just bought 4 more coins :p
72.
Post 8233010 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.03h):
Poof! One big bite at 585
73.
Post 8300574 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.03h):
Feels like a bear trap. I'm still in fiat though. I need more convincing.
74.
Post 8301958 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.03h):
Regarding your first part to incentivize your friends to buy at a lower price... Fuck your friends... if they are NOT buying now, then they are just looking for lame excuses... and fail to recognize that they may be left at the rocket launch pad holding their travel bags.... b/c they failed to hop on. On the other hand, your fucking friends will be able to catch the next rocket.. it is just going to cost a little more.. maybe in the $1800 territory.. after the price crashes down from the $3-$5k territory.
Regarding your point about too expensive now or unsustainable, you seem to be living in a fantasy world.. of course it is sustainable at this price.. Do U even understand the exponential room for growth for bitcoin? Do you believe that Whats App should be perceived as more valuable than the BTC network... HELLO>>... snap back into reality and convince some of your school "friends" to get off their little fat asses... since they may be eating too much sugar and drinking too many colas too, with their holding onto fiat...
Someone intending to buy BTC should be doing it now. It's not going to get a lot cheaper than this. Sure, you could get another $100 discount if you're lucky. On the other hand, the sale might end abruptly. I for one, just bought 3 more coins
75.
Post 8302023 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.03h):
Feels like a bear trap. I'm still in fiat though. I need more convincing.
Good luck with your timing and your hesitancy.... and figuring out "when to get on the train." you seem like the kind of person who would likely get left at the train station and one who may be afraid of his/her own shaddow... sorry about that.
Hehe, I'm on board now. Tchoo tchooo!
76.
Post 8302080 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.03h):
Speaking of Satoshi Nakamoto, I have a "historical" question. When he set up the first mining node and started the current blockchain, did he see it as "the" blockchain, that one day would be used to buy servers from Dell, support investment funds, send people to jail, etc.; or did he think of it as an alpha-test of the protocol, that would be used only by computer nerds, only long enough to show that the idea was sound?
(IIRC there is nothing about that in the published paper. Did he comment on that in his "epistles"?)
It's the same chain. Though there have been hard forks. My understanding is that it was meant to last, and that these forks were expected. It was alpha-software, and Satochi wasn't the kind of coder who enjoys looking for bugs before they become an issue.
77.
Post 8329577 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.04h):
I bought 4 more at 555. I'm begining to think I'm the perfect contrarian indicator
78.
Post 8366353 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.05h):
The recent bearishness is completely irrational, when looking at BTC acceptance by merchants, BTC startups, and also as a brand. Sure, it might not be worth 10 000. But falling back to 200. I don't think so.
79.
Post 8458460 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.07h):
80.
Post 8871081 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.13h):
have we hit despair yet? no?!
down down down your boat down below the sea.
whales are here and whales are there squeezing little sheeps.
I do sense more and more despair. If the price does not rebound soon, expect even more despair.
There is a lot of despair, which could take us to the 200s. There is also a lot of smart money waiting. Not buying at these prices with money assigned to Bitcoin trading take balls of steel. Buyers of the december bubble also need balls of steel for not selling. The question is how much buying pressure is there from the first group, and how much selling pressure there could be from desperate holders.
The fundamentals are still good though (brand, network effect, security and uptime track record).
81.
Post 8886806 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.14h):
Volume looking good, time to push the button. $50-100 discount isn't worth the risk.
82.
Post 8943208 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.15h):
"To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform."
Reading is fundamental.
"That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop" Still bullish
83.
Post 9182992 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.23h):
This is playing out like a textbook cup and handle on the 30min
84.
Post 9391628 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.28h):
There were altnets, some of them obvious scams (Minitel), others were usefull for experimenting. They have pretty much all disapeared. Does this apply to cryptocurrencies. Maybe.
85.
Post 9601301 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_13.33h):
The support on Stamp is too good to dump into
86.
Post 14048773 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_14.46h):
87.
Post 30337148 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_15.44h):
I bought my first coins back in 2013, and I am a permabull / maximalist. HOWEVER, it looks like we're entering a multi-year bear market.
https://youtu.be/vX1BjDHhuVk?t=54m58s
88.
Post 32317577 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_15.48h):
The question is now when to buy back... We could approach 2k with enough fud. My orders will be spread between 2k and 6k.
Oh yeah, and Bitcoin is doomed, it's a pyramid scheme and a scam
.
89.
Post 32630720 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_15.49h):
90.
Post 34441035 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_15.51h):
We have a couple of weeks of dead cat bounce before the final capitulation
91.
Post 39161236 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_15.57h):
Swear to God (yes I am a Christian) this is the Wall Observer thread and needs more moderation. If you want to talk about Nazis, holocaust speculation, silver or gold bugs, people of different faiths like Jews and Muslims or tin foil hat controversies there are other forums that will welcome you. I don't post much here anymore because 1) I am busy day trading and 2) over about half the posts here seem to have nothing to do with Bitcoin. It is becoming a bit of a joke and a cesspool frankly. Just a thought.
You must be new here
92.
Post 49483059 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_16.28h):
93.
Post 49911790 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_16.33h):
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21Well nobody new is buying at the moment, let alone $3B of new money. Down we go.
94.
Post 49919821 (copy this link) (by fred1111) (scraped on 2020-04-04_Sat_16.34h):
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21Well nobody new is buying at the moment, let alone $3B of new money. Down we go.
Your opinion has been carefully noted. Thanks for participating. We will call you next year if you are right.
In the meantime maybe learn something about resistances and supports.
P.S.: A little hint to enlighten you:
I'm constantly monitoring the price of BTC, but we struggle to stay at $4,000 level.
Any chance for the 2nd pump?
What price will we land next?
Either 3.7 or 4.2 probably. Sideways in the meantime.
How's your long doing?
