The 2021 Bitcoin supply shortage | Page 3 | Crypto Craft

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Sentiment tracker (2021) 2 replies

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The 2021 Bitcoin supply shortage

  • #41
  • Feb 9, 2021 2:09am Feb 9, 2021 2:09am
Quoting yg10
{quote} What is your target price for this orders?
Each row is a sell-limit order.
  • #42
  • Feb 9, 2021 1:34pm Feb 9, 2021 1:34pm
Quoting Goat
{quote} Each row is a sell-limit order.
I understand that. the question was about the target of your short.

I am asking because I see a lot of support in the 41,000 - 38,000 area.
  • #43
  • Feb 9, 2021 3:12pm Feb 9, 2021 3:12pm
Quoting yg10
{quote} I understand that. the question was about the target of your short. I am asking because I see a lot of support in the 41,000 - 38,000 area.
Ohh gocha.

I'm not shorting Bitcoin. I'm selling the coins I bought in 2012.

This is the end of the road for me and Bitcoin.
  • #44
  • Feb 9, 2021 8:45pm Feb 9, 2021 8:45pm
Just got my first sense of panic selling. Not sure why, this market is just freaking scary. I'm dumping hard.
  • #45
  • Feb 10, 2021 1:57pm Feb 10, 2021 1:57pm
I woke up to this news...
Attached Image


The dumb money is coming, Elon at the helm!

We must surely be nearing a top.

Today I found myself selling with market orders. The panic is real!
  • #46
  • Feb 10, 2021 2:42pm Feb 10, 2021 2:42pm
Quoting Goat
I woke up to this news... {image} The dumb money is coming
Lindsay Lohan is an intelligent and amazing woman. Both she and her identical twin were amazing in Parent Trap.
  • #47
  • Feb 10, 2021 2:58pm Feb 10, 2021 2:58pm
I love Lindsey, I just know what happens when she makes an investment.

Bitcoin is an $833B bubble... who's gunna hold this bag?!?

"Not I" said the Goat!
  • #48
  • Feb 10, 2021 3:52pm Feb 10, 2021 3:52pm
Quoting Goat
Bitcoin is an $833B bubble... who's gunna hold this bag?!? "Not I" said the Goat!
I'm gunna hodl this motherfucker to the moon and back. People will still be calling bitcoin a bubble when it consolidates back to $250K.
Money = Labour coupons
  • #49
  • Feb 10, 2021 11:21pm Feb 10, 2021 11:21pm
Quoting TMR
{quote} I'm gunna hodl this motherfucker to the moon and back. People will still be calling bitcoin a bubble when it consolidates back to $250K.
Yo sell some TMR! You made the trade of a lifetime, take the win bro!!!

Who is left to buy this thing? Everyone's in already. Bitcoin needs to show some utility to attract more money. We got nearly a trillion dollars in value and it doesn't even do anything yet?!? Outrageous!!

Even if Bitcoin goes much higher, right now is still a smart time to sell. This market is nuts... $45K for one freaking Bitcoin?!? SOLD!!!
  • #50
  • Feb 11, 2021 3:15am Feb 11, 2021 3:15am
Quoting Goat
{quote} Yo sell some TMR! You made the trade of a lifetime, take the win bro!!! Who is left to buy this thing? Everyone's in already. Bitcoin needs to show some utility to attract more money. We got nearly a trillion dollars in value and it doesn't even do anything yet?!? Outrageous!! Even if Bitcoin goes much higher, right now is still a smart time to sell. This market is nuts... $45K for one freaking Bitcoin?!? SOLD!!!
Hi Goat,

there are around 100 Million Bitcoin owners worldwide. Still a few nocoiner dudes out there.

Companies just started to invest their capital in Bitcoin. First movers are Micro Strategy and Tesla, others will follow.

Yet a move down to 40.000 on the short term is definitely possible.

Best,
Michael
  • #51
  • Edited 7:34am Feb 11, 2021 7:00am | Edited 7:34am
Quoting Goat
{quote}Who is left to buy this thing? Everyone's in already.
Bezos, Zuck and everyone in the world with a mobile phone. This market is still in its infancy.
Money = Labour coupons
  • #52
  • Feb 11, 2021 11:53am Feb 11, 2021 11:53am
Quoting TMR
{quote} Bezos, Zuck and everyone in the world with a mobile phone. This market is still in its infancy.
I don't see it, but that's not what matters. What matters is that you rode one of the greatest trades of all time and refuse to take the win!

A profitable trade has an innate structure... there's an entry, a holding period, and an exit. If you don't enter you can't make money, if you don't hold you can't make money, and IF YOU DON'T EXIT you can't make money! If you aren't exiting now, then when? $250K?!?!? You're going to wait for Bitcoin's market cap to reach FIVE TRILLION DOLLARS before you take any profits?!?! Sorry bro that's just not a reasonable plan. Even if we eventually reach $250K, holding your full stash the whole way up is still an unreasonable plan. It would turn out to be a lucky plan, but we ain't playing a game of luck here!

There is no religion in Bitcoin. We're not going to our graves with this thing. We bought our Bitcoin to make a fortune, and a fortune we have made. It's time to let it go brother.
  • #53
  • Feb 11, 2021 12:04pm Feb 11, 2021 12:04pm
This news couldn't push us over $50K?? Bad sign for the rally imo.
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  • #54
  • Feb 11, 2021 12:51pm Feb 11, 2021 12:51pm
Quoting Goat
This news couldn't push us over $50K?? Bad sign for the rally imo. {image}
Let's see with this news
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  • #55
  • Edited 10:57pm Feb 11, 2021 10:43pm | Edited 10:57pm
I'm not certain that $50K will be the top for Bitcoin, but that's the way I'm trading.

Tentative plan is to be out of my position by next week, save for a handful of coins that I'm holding like TMR.

For reference:
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  • #56
  • Feb 11, 2021 10:47pm Feb 11, 2021 10:47pm
Quoting cityRat
{quote} Let's see with this news{image}
Nada. Nothing can move us higher it seems.
  • #57
  • Feb 14, 2021 3:10pm Feb 14, 2021 3:10pm
Coming up on a trilly!!
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  • #58
  • Feb 15, 2021 10:32pm Feb 15, 2021 10:32pm
Dumping into this $50K!
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  • #59
  • Feb 16, 2021 11:11am Feb 16, 2021 11:11am
Quoting Goat
{quote} Nada. Nothing can move us higher it seems.
Bounced off $50K today, maybe the bulls are running out of steam
  • #60
  • Feb 16, 2021 3:23pm Feb 16, 2021 3:23pm
Quoting Hasher
{quote} Bounced off $50K today, maybe the bulls are running out of steam
50K sure feels like a top. The price action, the hype, the fuckery -- all are at adequate bubble-popping levels.

In the last 24 hours I sold more BTC than all combined sales previously. I'm nearly out!
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