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-   -   Bitcoin headed back to $20,000 (https://gfy.com/showthread.php?t=1313128)

jscott 05-16-2019 12:24 AM

"Learning from others experiences", is that really considered learning? Lame

Example: never smoke man weed, its terrible , no matter what anyone says dont do it.

A person who really has no curiousity to try from own experience is missing a huge learning & life lesson

Ferus 05-16-2019 12:51 AM

Quote:

Originally Posted by jscott (Post 22470384)
"Learning from others experiences", is that really considered learning? Lame

uhhmm... yes? its the only way for progress, to learn from others mistakes and move forward. It's more or less a universal truth.

jscott 05-16-2019 01:06 AM

I hope my pilots never "learn" via your method lol

ruff 05-16-2019 07:54 AM

Quote:

Originally Posted by Ferus (Post 22470382)
If their opinion dont matter, why does it piss you off so badly?

Anyone with core Cognitive skills, are able to assess risks based on historic data. Its called "learning from others experiences"

How are you able to ascertain that I'm so pissed off? And why would non-crypto participants opinions be anywhere near valid? Just more armchair quarterbacks chiming in. It could be that they are the angry ones?

MaDalton 05-16-2019 08:21 AM

Quote:

Originally Posted by Ferus (Post 22470068)
Depends on your defenition on "sure" - nothing is 100% safe.

Enough to book a ticket to Oslo for annual meeting today :1orglaugh

https://newsweb.oslobors.no/obsvc/at...4&obsvc.item=1


Its a uncontested market space, and the primary customer is state/city

can you please let them know that the SSL certificate for their website is screwed up?

not really encouraging...

Ferus 05-16-2019 08:47 AM

Quote:

Originally Posted by jscott (Post 22470397)
I hope my pilots never "learn" via your method lol

Talk to any commercial pilot, its the foundation of blackbox thinking

MaDalton 05-16-2019 08:59 AM

Quote:

Originally Posted by jscott (Post 22470397)
I hope my pilots never "learn" via your method lol

Quote:

Originally Posted by Ferus (Post 22470578)
Talk to any commercial pilot, its the foundation of blackbox thinking

yup.....

kmanrox 05-16-2019 09:07 AM

Hodl !!!!!!

NakedWomenTime 05-16-2019 12:06 PM

If you have Bitcoin, I would hold it.

nikki99 05-16-2019 12:25 PM

Quote:

Originally Posted by NakedWomenTime (Post 22470689)
If you have Bitcoin, I would hold it.

I will hold it :thumbsup

jscott 05-16-2019 12:38 PM

And that means NO panic selling Nikki! Be patient. Don't let traders and bots on the opposite end beat you! Panic selling = taking candy from a baby.

mce 05-16-2019 06:05 PM

Quote:

Originally Posted by CaptainHowdy (Post 22469227)


ghjghj 05-17-2019 03:35 AM

https://i.imgur.com/EkoWoXS.gif

mce 05-20-2019 07:00 PM

Bitcoin adoption rate is going up.

NatalieK 05-21-2019 04:10 AM

Quote:

Originally Posted by mce (Post 22469212)
Anyone buy in at the dip? This train's chugging along. The 'wet'/uneasy/pump and dump money's been SCARED OFF. Now, it's back to fundamentals!

Are you riding this bad boy up?

dip?


a year long dip?


it was the same price this time last year...

2MuchMark 05-21-2019 06:17 AM

I sold off what I had at around $18k when BTC started dropping fast from $20k. Last January I started buying again slowly. I sat on it even though it lost a little. In March, BTC slowly started creeping up again and on April 1st it jumped 25% overnight.

So yeah, start buying! And don't sell.


Quote:

Originally Posted by jscott (Post 22470704)
And that means NO panic selling Nikki! Be patient. Don't let traders and bots on the opposite end beat you! Panic selling = taking candy from a baby.

https://media.giphy.com/media/PVhrCQyyGzAru/giphy.gif

Bladewire 05-21-2019 08:23 AM

Quote:

Originally Posted by StefanG (Post 22470554)
can you please let them know that the SSL certificate for their website is screwed up?

not really encouraging...

:thumbsup

mce 05-26-2019 06:04 AM

Haters still hating.. Players stay BANKIN'

Serge Litehead 05-27-2019 12:57 AM

fun times

mce 05-27-2019 06:14 AM

Good times are here again!

MaDalton 05-27-2019 01:52 PM

Sold everything today, made my initial investment back with a very nice profit on top of it. Will buy back in when it goes down again. ;)

And bought 800 shares of https://www.marketscreener.com/NEL-ASA-1413121/ as Ferus recommended - just for fun.

jscott 05-27-2019 04:30 PM

Quote:

Originally Posted by Ferus (Post 22470578)
Talk to any commercial pilot, its the foundation of blackbox thinking

Hands on learning is probably the best type of learning for anything that needs action with thought process.

ie: imagine learning to play baseball from instructor, on paper, on video, compared to learning from doing.

Quote:

Originally Posted by StefanG (Post 22476233)
Sold everything today, made my initial investment back with a very nice profit on top of it. Will buy back in when it goes down again. ;)
And bought 800 shares of https://www.marketscreener.com/NEL-ASA-1413121/ as Ferus recommended - just for fun.


Good luck Stefan! keep us posted how it works out for you :)

AmeliaG 05-28-2019 03:33 PM

Quote:

Originally Posted by NakedWomenTime (Post 22469610)
Nice to see it moving up but really difficult to see what factors move the price in my opinion.

I think some of the factors are which institutional investors have either picked up or dumped various crypto plays. Availability of options on crypto. Slowly improving tech for buying and selling with crypto. Facebook and similar large players trying to get into the crypto space.

Anything good for crypto in general tends to be extra good for Bitcoin because it is sort of the brand name everyone knows, even if it has some issues with speed of transaction that other less well adopted ones do not.

Intervader 05-29-2019 02:20 AM

I can see Bitcoin going back up again but who knows.

mce 05-29-2019 05:25 PM

Come to PAPA! Screenshot by Lightshot

mce 06-10-2019 08:49 PM

Nice little dip to give people an opportunity to get on board the ROCKET

What are YOU going to do?

jscott 06-10-2019 09:18 PM

Quote:

Originally Posted by mce (Post 22483194)
Nice little dip to give people an opportunity to get on board the ROCKET

What are YOU going to do?

they get interested when it's at the absolute peak of the pump, $15k they'll start raising eyebrows, $20k they'll start buying

gorillaz_ 06-21-2019 04:14 AM

https://m.wsj.net/video/20180821/082...n2_960x540.jpg

see you later :2 cents:

2MuchMark 06-21-2019 06:27 AM

Quote:

Originally Posted by gorillaz_ (Post 22487934)

https://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gifhttps://media.giphy.com/media/PVhrCQyyGzAru/giphy.gif

jscott 06-21-2019 06:36 AM

$100 it's a bubble
$1000 bubble
$10,000 bubble
$20,000 bubble
the world is just a big ole bubble. :)

fidelity, ny stock exchange bakket (ICE), facebook, uber, paypal, visa, mastercard, nike, Line/naver, jp morgan, and every single major company is spending millions$ investing in crypto related shit.

if you are not into crypto now, that just means you are not into crypto yet. you'll be into it eventually without even knowing it (micropayments & banking/merchant backends) :2 cents:

pimpmaster9000 06-21-2019 07:16 AM

I have not had a lot of time lately to trade but there are very large spoof orders happening, for example 2 large 7 million$ buy orders 5 minutes from one another and probably many smaller ones...basically fake trading to make it look like there is heavy upward momentum when there is in fact not...nothing is happening other than spoofing and wash trading...

jscott 06-21-2019 07:30 AM

hahaha
you're really grasping for straws :1orglaugh

pimpmaster9000 06-21-2019 12:05 PM

faith in an unregulated market is grasping at straws...

jscott 06-21-2019 12:48 PM

Quote:

Originally Posted by crucifissio (Post 22488141)
faith in an unregulated market is grasping at straws...

Are you saying that per exchange data you have limits that never hit? You can't exchange your BTC at the listed exchange rates or vice versus? You can't withdraw your fiat from an exchange?

By all means please post the problems, otherwise you have not basis on continuously making up these fake problems or issues :disgust

as for "unregulated" are you kidding? If you follow crypto at all, you'd see that everyday steps are being made to regulate it.

a couple headliners:
https://www.coindesk.com/fatf-crypto-travel-rule

https://www.coindesk.com/halt-libra-...cebooks-crypto

https://bitcoinmagazine.com/articles...bitfinextether

How are you missing these? They're pretty big stories of crypto, security tokens issues (KIN, etc), regulation of exchanges, etc.

grzepa 06-21-2019 12:55 PM

The price action may be highly manipulated, but that doesnt mean crypto is not getting stronger each year. For example MetLife will use public ethereum chain for some of it's features.

2MuchMark 06-21-2019 04:10 PM

Today was a good day.
Today IS a good day.
hodl.

pimpmaster9000 06-21-2019 04:12 PM

Quote:

Originally Posted by jscott (Post 22488165)
Are you saying that per exchange data you have limits that never hit? You can't exchange your BTC at the listed exchange rates or vice versus? You can't withdraw your fiat from an exchange?

By all means please post the problems, otherwise you have not basis on continuously making up these fake problems or issues :disgust

as for "unregulated" are you kidding? If you follow crypto at all, you'd see that everyday steps are being made to regulate it.

a couple headliners:
https://www.coindesk.com/fatf-crypto-travel-rule

https://www.coindesk.com/halt-libra-...cebooks-crypto

https://bitcoinmagazine.com/articles...bitfinextether

How are you missing these? They're pretty big stories of crypto, security tokens issues (KIN, etc), regulation of exchanges, etc.

no I can withdraw fine and welcome any volatility...I am just saying that the market is manipulated as fuck and there is no doubt about it because nobody regulates trading at crypto online exchanges...nobody...spoof orders and wash trading are the norm...I am not angry or upset about this at all...it is just whats up...

and the libra thing is not good news for bitcoin...if it becomes a stable and easy to use mass adopted currency then bitcoin becomes nothing but a redundant speculative coin...nobody cares about decentralization and trustless and any of that crap...they want easy deposits to get their empty consumer shit ASAP...libra practically condemns bitcoin to become a forever speculative coin

Smack dat 06-21-2019 04:29 PM

Bitcoin will hit $100,000 in 2021. Mark my words, I am rarely wrong.

Who won the predict the bitcoin price? Me

Who won the how many threads thread? Me

jscott 06-21-2019 07:09 PM

crucifissio, you do know Libra is going to be a stable coin pegged to the dollar, right?

bad news for bitcoin? highly doubt it. In no way does Libra compete with Bitcoin store of value, Bitcoins never ending deflation, its permissionless, unconfiscatable, & decentralized.

If you think nobody cares about "that crap" then how did Bitcoin get to where it is today?

SuperStroker 06-21-2019 08:07 PM

BTC is up, but so is Gold, Silver, Oil and SPX VIX.

My basic indicator is when VIX+GOLD rise and hold the bankster cartel is planning to shit on stocks in the near future. BTC is just another place for them to park their money after exiting equities...so if you are doing the FOMO thing with crypto, don't buy in with more than you're comfortable losing because it's only going to go up until the money starts flowing back to where it came from (stocks, bonds).

Even if you buy it now at $10K and it goes to $20K, that's only a 50% gain with a very high capital requirement. You can routinely achieve those kind of numbers or more trading stock options or futures...like if you spent $10K buying call or put options on SPX and even if it moves a few points in your favor, easy gains with far more leverage.

bronco67 06-21-2019 08:51 PM

Wow....up to 10,700. Are we seeing the beginning of a bull run? They've been waiting for the gates to open.

pimpmaster9000 06-21-2019 11:35 PM

Quote:

Originally Posted by jscott (Post 22488453)
crucifissio, you do know Libra is going to be a stable coin pegged to the dollar, right?

bad news for bitcoin? highly doubt it. In no way does Libra compete with Bitcoin store of value, Bitcoins never ending deflation, its permissionless, unconfiscatable, & decentralized.

If you think nobody cares about "that crap" then how did Bitcoin get to where it is today?


bitcoin got to where it is today 10% thanks to fanboys like you and 90% thanks to speculators...therein lies the problem...you are the only one in this thread who likes the features and everybody else in this thread is looking for a quick buck...

you can fanboy all you want but bitcoins fate is decided by its user base and what they use it for...you can not store value in something that goes up and down like a roller coaster...

jscott 06-22-2019 01:03 AM

Quote:

Originally Posted by crucifissio (Post 22488572)
bitcoin got to where it is today 10% thanks to fanboys like you and 90% thanks to speculators...therein lies the problem...you are the only one in this thread who likes the features and everybody else in this thread is looking for a quick buck...

you can fanboy all you want but bitcoins fate is decided by its user base and what they use it for...you can not store value in something that goes up and down like a roller coaster...

Store value on roller coaster? are you watching the daily and blind to the 10 year BTC:USD graph? :1orglaugh

... as for fanboys haha, funny, your type has been calling bubble, FUD, wash trading, high fee, "too difficult to use", Tether pump, tulip mania, blah blah since 2010.

It is happening. Fight it and FUD it all you want, you just look a bit more ignorant everyday.

Paul&John 06-22-2019 02:56 AM

To the moon!

pimpmaster9000 06-22-2019 06:27 AM

Quote:

Originally Posted by jscott (Post 22488612)
Store value on roller coaster? are you watching the daily and blind to the 10 year BTC:USD graph? :1orglaugh

... as for fanboys haha, funny, your type has been calling bubble, FUD, wash trading, high fee, "too difficult to use", Tether pump, tulip mania, blah blah since 2010.

It is happening. Fight it and FUD it all you want, you just look a bit more ignorant everyday.

look you are knowledgeable on the irrelevant parts of crypto, the trustless/immutable/decentralized/nobody cares part...my field of expertise is what went on today at the exchanges...it is all I know about crypto...I am telling you as a matter of fact that spoof orders and wash trading are the norm...it is not up for discussion...

forbes says up to 95% of all crypto trading is wash trading...

wall street journal investigated independently and found 67% was definitely wash trading...

SOME exchanges have 99% wash trading...

the blockchain transparency institute investigated coinbase and their claim of $222million but they could only verify $2.7million...

they also found that 80% of coinmarket caps top 20 coins volume is wash traded...



its just whats up :pimp

jscott 06-22-2019 07:28 AM

Aside from regulators moving into crypto bigtime, there are community initiated shit being set into place, look at this for example: https://coinmarketcap.com/data-transparency-alliance/

CoinMarketCap Forms Alliance to Tackle Concerns Over Price Data Integrity

There are exchanges suspect of faking volume and shady shit, but I'd say these are pretty legit.

Here this guy even tracks the "real" Bitcoin volume, https://www.bitcointradevolume.com based off the Coinmarketcap alliance exchanges.

Everyday things are improving :thumbsup

pimpmaster9000 06-23-2019 03:30 AM

the problem is only the top 10 exchanges are regulated the other 1000 are not...the regulated exchanges are not immune to the effects of arbitrage and what ever artificial pumps or dumps happen on the other exchanges will inevitably affect the price on the regulated exchanges...

an interesting development is that bitcoin sentiment is at 2017 levels...it is extremely high at the moment...to tell you the truth I was not expecting this...so many fresh burns and it still manages to rise much sooner than I expected...in the macro time frame, this rally is too soon and too steep...again, in the macro time frame, this is a perfect B wave in elliott wave theory...wave B can even reach level A but then comes wave C that is often the real bottom...I do not claim elliott wave is the holy grail but on a macro level it is often right and lots of markets follow this exact pattern...

5 is the 2017 high...A is 2018...B is now...C is the NEW LOW!...

https://bpcdn.co/images/2016/05/grad...hin-a-wave.png
https://www.tradingview.com/x/XdaEaI3D/

mce 06-23-2019 04:40 AM

https://i.imgur.com/hm0HhGJ.jpg

jscott 06-23-2019 04:44 AM

As regulation catches up, those smaller shady exchanges will whither away and die out. I'm guessing a lot of them will exit scam.

I won't ignore TA, and some "experts" have drawn their TA showing cases for Bitcoin to sky rocket up, and some (like yours) to fall back down.

But please keep in mind:

Quote:

The last time Bitcoin broke $10,000:

Fidelity wasn't storing it.
AT&T wasn't accepting it.
Congress wasn't fighting it.
Bakkt wasn't launching with it.
Microsoft wasn't building on it.
TD Ameritrade wasn't trading it.
Facebook wasn't competing with it.
:thumbsup:winkwink:

gorillaz_ 06-23-2019 05:10 AM

Quote:

Originally Posted by crucifissio (Post 22489100)
the problem is only the top 10 exchanges are regulated the other 1000 are not...the regulated exchanges are not immune to the effects of arbitrage and what ever artificial pumps or dumps happen on the other exchanges will inevitably affect the price on the regulated exchanges...

an interesting development is that bitcoin sentiment is at 2017 levels...it is extremely high at the moment...to tell you the truth I was not expecting this...so many fresh burns and it still manages to rise much sooner than I expected...in the macro time frame, this rally is too soon and too steep...again, in the macro time frame, this is a perfect B wave in elliott wave theory...wave B can even reach level A but then comes wave C that is often the real bottom...I do not claim elliott wave is the holy grail but on a macro level it is often right and lots of markets follow this exact pattern...

5 is the 2017 high...A is 2018...B is now...C is the NEW LOW!...

https://bpcdn.co/images/2016/05/grad...hin-a-wave.png
https://www.tradingview.com/x/XdaEaI3D/

https://www.elliottwavetrader.net/p/...125171827.html


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