Ohhh gold jump massively while Bitcoin dip. Manipulation or big money playing the weak hands???
- #8,721
- Jan 4, 2021 9:43am Jan 4, 2021 9:43am
- Joined Aug 2018 | Status: Mooing | 1,114 Posts
- #8,722
- Jan 4, 2021 9:47am Jan 4, 2021 9:47am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Yeaaaa it was you 
But honestly to have such a dip....
On a dum broker here I have, the spike down goes to 27000.
That's a sale, a whale selling, or exchanges like Kraken.....
But why coincide with gold jump???
Odd one hh
But honestly to have such a dip....
On a dum broker here I have, the spike down goes to 27000.
That's a sale, a whale selling, or exchanges like Kraken.....
But why coincide with gold jump???
Odd one hh
Beware of robber banks (RB), bad advisors.
- #8,723
- Edited 11:01am Jan 4, 2021 10:01am | Edited 11:01am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Beware of robber banks (RB), bad advisors.
- #8,724
- Jan 4, 2021 4:29pm Jan 4, 2021 4:29pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
- #8,726
- Jan 4, 2021 6:53pm Jan 4, 2021 6:53pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Yeah. Both you and me were a little greedy 2017..... Should have taken chunk of profits.... I had tons of altcoins.. . So it sucked moreOK.... So you say 100k is your maybe trigger to get stable cash.??
Here is another example. A friend of mine also (use to) hold Bitcoin. She said a few weeks back "woah, 12K, what you gonna do?" I said "nothing, it will probably go to 20k and beyond next week". She then panicked (greed) and sold.... and now, well, we all know. She said she's kicking her self.
Charts look scary when they are all high. Its not just Bitcoin at the moment either, its also stocks. So I'm currently passively doing some investigating how real the "everything bubble" is, and if so, how long it will last.
But, back to your question, 100K to convert to "stable cash"? No. Only if I need usable money from my Bitcoin investment at that time, otherwise no, just keep holding. But I do expect a drop then, as well as at 50, 60, 70 etc, just because they are phycological milestones (to people). They say all the Bitcoin wont be mined until around 2100, so plenty of time
Emotional Control. Process, not outcome. 
- #8,727
- Jan 4, 2021 7:48pm Jan 4, 2021 7:48pm
- Joined Aug 2018 | Status: Mooing | 1,114 Posts
- #8,729
- Jan 4, 2021 9:10pm Jan 4, 2021 9:10pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
So we finished with the idiotic Tulip comparison narrative, now below is also against the Tether stupid comments: https://twitter.com/jerallaire/statu...33132396257282 https://threadreaderapp.com/thread/1...396257282.html
Nice nice.
Stablecoins
This is a huge win for crypto and stablecoins - USDC
3/ The new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH and FedWire, and stablecoins like USDC as electronic stored value. The significance of this can’t be understated.
Beware of robber banks (RB), bad advisors.
- #8,730
- Jan 4, 2021 9:20pm Jan 4, 2021 9:20pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
{quote} Holding Bitcoin to me IS being in profit. So I don't like.... She then panicked (greed) and sold.... and now, well, we all know. She said she's kicking her self..
... No. Only if I need usable money from my Bitcoin investment at that time, otherwise no, just keep holding. But I do expect a drop then, as well as at 50, 60, 70 etc, just. .. milestones.. They say all the Bitcoin wont be mined until around 2100, so plenty of time
Konichi-whaaaat
Your view and your friends view.. ..
They kind of lack perspective pal. Yes your friend deserves a spanking, and I would be happy to help
But let's be pragmatic .....
We aren't talking 50-60k, which is easy target.
We're talking price of 120k and above. Won't you cash good part of your profits???
Yes it may go up up.....
Or may drop from 130k to 35k as per chart. How will you feel then? Not great
Next - I'd rather have 120k in the bank (stablecoin) and wait and see, then buy a car - say 50000, and 2 Bitcoins if it really drops.
If no drop - yeyyyyyy.So yeah I'll hold but play with part.
Buy me a house too
And as to the last bitcoin, it'll be mined around 2135.
Not sure who feeds you numbers???
Beware of robber banks (RB), bad advisors.
- #8,731
- Jan 4, 2021 10:22pm Jan 4, 2021 10:22pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Hi buddy Konichi-whaaaat
2100 was just a ball park number. I knew you would know what I mean.
Speaking of "where do you get your numbers", just out of interest, why are YOU so certain about 120K?
You seem quite very sure about that number?
Emotional Control. Process, not outcome.
- #8,732
- Jan 4, 2021 10:26pm Jan 4, 2021 10:26pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
{quote}... . She said a few weeks back "woah, 12K, what you gonna do?" I said "nothing, it will probably go to 20k and beyond next week". She then panicked (greed) and sold.... and now, well, we all know. She said she's kicking her . ... of time
But she didn't have to sell ALL??
That's my point - we take profits, big profits..... But part....
Question is when/what level.
I honestly don't know if I have the patience to wait after summer
I'd rather quit my job, get in real estate, have fun while selling 1-2 bitcoin at 60-85-110k....
Ideas?
Beware of robber banks (RB), bad advisors.
- #8,733
- Jan 4, 2021 10:29pm Jan 4, 2021 10:29pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
{quote} Totally get what you are saying. And I wish you all the best with your plan... stick to it!
Hi
The chart shows 145k I think. Small text above.
It's just educated guess
It may fly above that with everyone and Covid pumpin money......
Don't forget ETFs and latest banks views.....
May go 200k as easy as clam...... But yeah we NEED to cash out little bit....
Seen other chart..... a little more fancy 130k topping.... So there
Beware of robber banks (RB), bad advisors.
- #8,734
- Jan 4, 2021 10:35pm Jan 4, 2021 10:35pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} But she didn't have to sell ALL??
Emotional Control. Process, not outcome.
- #8,735
- Jan 4, 2021 10:38pm Jan 4, 2021 10:38pm
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
{quote} Hi The chart shows 145k I think. Small text above.
Emotional Control. Process, not outcome.
- #8,736
- Jan 5, 2021 11:23am Jan 5, 2021 11:23am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
{quote} Yeah, ... news on Bitcoin and keep my eyes open for anything odd or bad. That could be tomorrow, that could be in 10 years. Then I will take it from there
Hi bud
Yeah I think you're a Zen master, possibly a monk
Beware of robber banks (RB), bad advisors.
- #8,737
- Jan 5, 2021 12:37pm Jan 5, 2021 12:37pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
In the last 1 hour Bitcoin is up 500 dollllaaaa 
Not bad.
If this continues, we can see 83000 dollars price by Sunday
Not-KPMG yawns....
What a boring week ahead
When they made this original poster every crybaby laughed
Bitcoin is up 500 dollllaaaa Not bad.
If this continues, we can see 83000 dollars price by Sunday
Not-KPMG yawns....
What a boring week ahead
When they made this original poster every crybaby laughed
Beware of robber banks (RB), bad advisors.
- #8,738
- Jan 5, 2021 1:32pm Jan 5, 2021 1:32pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
2600 dollllaaaaa up today.
Not bad
Expect Hootch to come to moan
Ohhhhh and the WAIT FOR CRAAAASH crowd???
Not bad
Expect Hootch to come to moan
Ohhhhh and the WAIT FOR CRAAAASH crowd???
Beware of robber banks (RB), bad advisors.
- #8,739
- Jan 5, 2021 4:28pm Jan 5, 2021 4:28pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
{quote} And as to the last bitcoin, it'll be mined around 2135. Not sure who feeds you numbers???
Of course we might have a worldwide electricity shortage on and off for more than 100 years and your prediction of 2135 would be approximately correct. On the other hand, if we had such electricity shortages lots of the existing bitcoin would probably be lost in the nature 
- #8,740
- Jan 5, 2021 4:30pm Jan 5, 2021 4:30pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
