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  • #1,541
  • Jun 7, 2018 12:58pm Jun 7, 2018 12:58pm
Quoting Expo33
{quote} I believe that is pure fantasy. Imagine how much dumb money is "stuck" short from 12k-18k. If price ever even makes it back into that zone all that dumb money will be selling.
There is vast amounts of smart money, on the sidelines, waiting to come into the space. They are just waiting for the regulators to set the rules. Smart money will blast holes through the dumb money.
Don't wait for the wind, take to the oars.
  • #1,542
  • Jun 7, 2018 1:01pm Jun 7, 2018 1:01pm
Quoting Expo33
{quote} I believe that is pure fantasy. Imagine how much dumb money is "stuck" short from 12k-18k. If price ever even makes it back into that zone all that dumb money will be selling.
What??? stuck short?? Dumb??? Clarify.

I had a buy at 12500 i think. Obviously i don't remember exactly . It's in my wallet written somewhere.....

I bought $9000 too and 7000 too.
Last year was buying between 2-4-6k then started selling.
Year before i bought at 500-700 green bucks.
I guess many DUMB MONEY as me bought it.... poor us.

Now i expect smart money (banks, funds) to fill buys and go to 40-80k.
IDIOT SLOW money as pension funds are affraid yet. Next year they'll buy 25-35k when regulations kick in and stock market of 40 trillion crashes to 20 trillion

Dirty sleazy brokers buying today 7500 will sell to IDIOT money at 25k i guess

And i also will part sell. You know ..
Beware of robber banks (RB), bad advisors.
  • #1,543
  • Jun 7, 2018 1:14pm Jun 7, 2018 1:14pm
Anyway, price speculations are many...
Point is - why would anyone with half brain sell Crypto / bitcoin if they got it?!
Why buy if affraid of 5000 dollar swing. Or 2 years hold?!

And when i said IDIOT SLOW money i meant money that wait a year to see "signal". wait 3 years!!

Here's sample of IDIOT FAST money :
Little easy reading see - dumbos put 37000 dollars each !!!!

Amit Bhardwaj and his brother, Vivek Bhardwaj had been arrested in India on April 4 on the charges of scamming about 8,000 investors out of around $300 mln through their GainBitcoin investment scheme. The platform guaranteed 10 percent monthly returns, a claim not realized by investors, and issued its own MCAP token in an Initial Coin Offering (ICO) that is considered fraudulent due to the company’s price manipulation.

Rich Morons everywhere !!!
MCAP crashed 100 times.!!!

Point is - buy good stuff-as discussed way above, hold, talk again next year
Beware of robber banks (RB), bad advisors.
  • #1,544
  • Jun 7, 2018 2:51pm Jun 7, 2018 2:51pm
Quoting Expo33
{quote} I believe that is pure fantasy. Imagine how much dumb money is "stuck" short from 12k-18k. If price ever even makes it back into that zone all that dumb money will be selling.
It is possible if you create huge hype. Imagine few popular newspapers, magazines etc writing some positive articles and that "now it's time to buy to be rich in a year" and many people will buy. Full value of cryptos will be known once these will be widely accepted.
On my way to financial independence - if others can do it - I can do it
  • #1,545
  • Edited 4:20pm Jun 7, 2018 3:57pm | Edited 4:20pm
I'm sure you guys make some valid points. I don't actually read any post over one sentence long so I wouldn't know.

Regulation may be a long way off. That's one complicated equation. And will it legitimize cryptos or will it stifle volatility?

I mean who do think the "robber" banks sleep with at night. Yea, exactly, governments, politicians, reserve banks, other banks. And do you think collectively they want the crypto crowd to cut into their action? Of course not.

My simple point was Bitcoin has been stuck in range for 6 months and suddenly it's going to explode up to 25-40k in the next 6 months? Yea, I doubt it. Too many hurdles in the way at the moment.

Seems I've triggered some emotions here, lol. Time for my tea. Cheerio mates.
Pride always comes before destruction.... -Proverbs 16:18
  • #1,546
  • Jun 7, 2018 10:54pm Jun 7, 2018 10:54pm
Quoting Expo33
I'm sure you guys make some valid points. I don't actually read any post over one sentence long so I wouldn't know. Regulation may be a long way off. That's one complicated equation. And will it legitimize cryptos or will it stifle volatility? I mean who do think the "robber" banks sleep with at night. Yea, exactly, governments, politicians, reserve banks, other banks. And do you think collectively they want the crypto crowd to cut into their action? Of course not. My simple point was Bitcoin has been stuck in range for 6 months and suddenly it's...
My wild guess on this crypto price may be anywhere for the time being but to the point of governments claiming what their actual crypto reserves are this is rating agencies job I think, of course you can not produce more than 21 million bitcoins but the main point is the sanctions disputes in the open and regulated market will be gone for the most part so that's half the problem gone for at least one group point of view. It will be somewheat more difficult to impose prosperity on a particular region and shake out commities as well. But the good thing is the internet communities will reset to 2001 era. If this is going to happen we weed W3C to bring HTML 1.0 back.
  • #1,547
  • Edited 6:16am Jun 8, 2018 5:49am | Edited 6:16am
Anyone familiar with Fidelity, the worlds biggest investment fund, of course you have. They are building a cryptocurrency exchange platform for trading cryptocurrencies. So their clients must want their share of the cryptocurrency growth. How much of an endorsement for the cryptocurrency space it that. This is the smart money coming into cryptocurrencies. I don't know when they go live though at the moment!
https://www.newsbtc.com/2018/06/07/i...change-launch/
Don't wait for the wind, take to the oars.
  • #1,548
  • Jun 8, 2018 2:00pm Jun 8, 2018 2:00pm
Quoting Expo33
I'm sure you guys make some valid points. I don't actually read any post over one sentence long so I wouldn't know.....
My simple point was Bitcoin has been stuck in range for 6 months and suddenly it's going to explode up to 25-40k in the next 6 months? Yea, I doubt it.
Too many hurdles in the way.. Cheerio mates.
One sentence.

Go

You have no point pal. Remember 2017??? Not long ago...

As to WHEN it will go up...I don't care.
I care to buy cheap , find good crypto , hold
Beware of robber banks (RB), bad advisors.
  • #1,549
  • Jun 8, 2018 2:07pm Jun 8, 2018 2:07pm
Quoting Expo33
... I mean who do think the "robber" banks sleep with at night. Yea, exactly, governments, politicians, reserve banks, other banks. And do you think collectively they want the crypto crowd to cut into their action? Of course not. ....
Oddly enough u are bit wrong on the banker-insider-holder-ban-bitcoin-er

Here's my old post debating the bankers holding vast bitcoin...


Quoting Not-KPMG
A......... You say big banks sponsor government flunkies that will eventually ban bitcoins.... Wrong!!! The bank itself doesn't matter. The fat banker that RUNS THE BANK MATTER!!!

Let's say Jo Fatbanker heard about bitcoin at the Greek crisis time. He bought 1000 bitcoin at $20. Pocket money . Today Jo has 500 bitcoin. Worth many millions.... What's his incentive to BAN BITCOINS??? Look 2 years ahead. Bank losing money, Jo Fatbanker has the bonus cut from 500000 to 200000..... Bitcoins quadruple...
Beware of robber banks (RB), bad advisors.
  • #1,550
  • Jun 9, 2018 1:55am Jun 9, 2018 1:55am
Quoting Not-KPMG
{quote} One sentence. Go You have no point pal. Remember 2017??? Not long ago... As to WHEN it will go up...I don't care. I care to buy cheap , find good crypto , hold
Yes, I remember 2017 when many sheep were led to the slaughter.

And yes you've told us 1000 times you are buying cheap and holding which of course has nothing to do with the original conversation about BC price in the next 6 months. I'm glad you are making boat loads of money and I hope all our FF members get filthy rich from cryptos. I have my little portfolio now too.

My "point" which you so eloquently said doesn't exist was simple. In the next 6 months there are still many hurdles to overcome and that as a result I don't think it's feasible or likely that BC will be hitting 25-40k by years end. No one mentioned long term investing or the legitimacy of cryptos as an asset class.

Keep your eyes out for my new "Expo33" coin.
Pride always comes before destruction.... -Proverbs 16:18
  • #1,551
  • Jun 9, 2018 8:08am Jun 9, 2018 8:08am
Quoting Expo33
{quote} Yes, I remember 2017 when many sheep were led to the slaughter....

I don't think it's feasible or likely that BC will be hitting 25-40k by years end. No one mentioned long term investing or the legitimacy of cryptos as an asset class.
Keep your eyes out for my new "Expo33" coin.
Looking forward to Expo33 coin.

Yes, we kind of speak different languages...

Even though i see the 2017 rise as bankers manipulation, i certainly don't see anyone slaughtered!! 1 bitcoin is still 1 bitcoin. Where's the problem

And... why isn't feasible... or likely???
Surely it takes one fart from Trumpy and that Korean guy to shudder the stock market.
Imagine a nuclear threat - boom stock 30-50% down, gold 200% up, crypto being superior goes 10 times up.

Anyway, whatever comes!!!
I had enough argument

FED, Euro news??? Let's trade crazy volatile currencies
Beware of robber banks (RB), bad advisors.
  • #1,552
  • Jun 9, 2018 2:45pm Jun 9, 2018 2:45pm
Quoting Not-KPMG
{quote} Imagine a nuclear threat - boom stock 30-50% down, gold 200% up, crypto being superior goes 10 times up.
Imagine EMP from this nuke and all your cryptos go to hell. Only paper money and tradeable goods left
On my way to financial independence - if others can do it - I can do it
  • #1,553
  • Jun 9, 2018 3:26pm Jun 9, 2018 3:26pm
Quoting Eur Usd
{quote} Imagine EMP from this nuke and all your cryptos go to hell. Only paper money and tradeable goods left
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Pride always comes before destruction.... -Proverbs 16:18
  • #1,554
  • Jun 9, 2018 3:31pm Jun 9, 2018 3:31pm
hey guys , appreciate your comments

but BTC looks like it needs more time to hit new highs

if it breaks the recent 2018 Feb low in the 5950 area , it could go test the 5000 mark again

i'm bullish as NKPMG over the long term , but we might get stuck in a kind of 4000 - 8000 range for a couple of years before breaking out to new highs again
  • #1,555
  • Jun 10, 2018 6:55am Jun 10, 2018 6:55am
Quoting Eur Usd
{quote} Imagine EMP from this nuke and all your cryptos go to hell. Only paper money and tradeable goods left
Hope you're kidding
Why hell?? Bitcoin is saved on hard drives etc across the globe. A server in south Brazil and North pole may survive

But you can have paper wallets for bitcoin too.

Go to your post-war internet cafe, pay in squirrel skin and pig fat and you can print them bitcoins on papyrus / bear skin
Beware of robber banks (RB), bad advisors.
  • #1,556
  • Edited 8:59am Jun 10, 2018 8:46am | Edited 8:59am
This is how the play list for exponential growth plays out.
Early adopters.....that us!
Smart money......the awarenes is ramping up
The general public.........still in the dark
The 25k Bitcoin target will be achieved by early September
There will be volatility, as a result of fear and greed!
The talking heads, the media,, clueless. The broadcasters of propaganda, misinformation and disinformation. Also, if you have heard it on the news you are too late......you have missed the boat!
Don't wait for the wind, take to the oars.
  • #1,557
  • Jun 10, 2018 9:33am Jun 10, 2018 9:33am
Every week I do a valuation on my 17 cryptocurrency portfolio. I convert each crypto valuation into my fiat currency with the coindesk calculator. On one of my cryptos I accidentally entered a bitcoin value 10x the value of the crypto. I had to go to the price chart to check, then I realised my error,. DOH !
Don't wait for the wind, take to the oars.
  • #1,558
  • Jun 10, 2018 3:22pm Jun 10, 2018 3:22pm
What a day!!!
10-18% down.
Even great coins as Enigma, Bytecoin??

Low volume...

Any idea why?
I'm so tired of this miserable moves that may stop looking at prices
I mean i decreased looking and my research a lot..
Beware of robber banks (RB), bad advisors.
  • #1,559
  • Edited 8:37pm Jun 10, 2018 6:04pm | Edited 8:37pm
Downside move seems to have coincided with Donald Trump arriving in Singapore for N Korean Summit. There must have been some limit orders waiting to buy some cheap BTC.
Don't wait for the wind, take to the oars.
  • #1,560
  • Jun 11, 2018 12:51am Jun 11, 2018 12:51am
If you were short crypto that means fat wire coming your way. 1000 dollar drop. Leverage that 5-10 times and wait for Profit Target to be hit.
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