patrick.net

G36 says

Isnt it better to seller higher than lower? Unless you dont like to make money.....

For the last several days/weeks RSI comparison BTC off the rails being the strongest currency on earth short, medium and long especially medium and long... 100%+ stronger then the next in line ;) Lots of people haven't learned how to ride price for all it's worth and lose lots of profits leaving them on the table.

wookie,
on 2020 Nov 26, 7:16am you said you would have sold "everything at 18k". 4 days later you dont worry about things like that anymore.

ROFL. You do change your mind quickly! Almost as quickly as Bitcoin has reversed to NEW all time highs!

WookieMan says

Lol is all I'll say. This has happened before. I'd have sold everything at $18k

Total ignorance of the subject and then some....

Yep Cash, and its very easy for Anti-Bitcoiners to say, "I would have sold", after the correction. The fact that Bitcoin hit all time highs a few days after makes this all the better...

Obviously, telling people they would have perfectly timed the market after the fact is the easiest thing one can do. A 7 year old can do that.

Sorry to say this but some of the comments here are just an embarrassment (Mainly coming from Wookie and Onvcation).

Point being professional traders I know many times buy when the old high is broken which depending on the broker BTCs ATH is yet to be broken on some exchanges just wait till 20k is snapped ;) Back in the day when BTC made that ATH Bitfenex was the highest volume exchange out of them all, and it hasn't met the high water mark yet
https://invst.ly/s-lgu Now what most are not aware of is there were way less US traders because it was such a hassle and US traders couldn't trade the best exchanges however now Coinbase is 1 of the largest if not the largest exchange traded and is dominated with US traders lots has happened and most will miss out on the sweet spot (now) because they roll with their ignorant opinions instead of a real working market theory based on best practice knowledge.

1 other item to notice is look at that big boner on 1 month candle biggest monthly hard-on ever, it's ready to burst all over the anti-crypto crowd and they best just continue to keep their eyes shut they are plenty blind enough ;) https://invst.ly/s-lgu

Cash says

1 other item to notice is look at that big boner on 1 month candle biggest monthly hard-on ever, it's ready to burst all over the anti-crypto crowd and they best just continue to keep their eyes shut they are plenty blind enough ;) https://invst.ly/s-lgu

dang, that is quite the big green boner lol.
Soon, the 20k All time high will just be a little tiny blip on the Bitcoin chart :)

G36 says

wookie,
on 2020 Nov 26, 7:16am you said you would have sold "everything at 18k". 4 days later you dont worry about things like that anymore.

ROFL. You do change your mind quickly! Almost as quickly as Bitcoin has reversed to NEW all time highs!

What the hell are you talking about? You talk about it being the best performing "asset" currently, yet negate the massive volatility of it. If I bought at $9k I'd have sold at $18k. WTF is another $1k? So my point stands and I'd have made money.

Are you guys in high school or something? I don't have to chase dreams in unstable markets. I'm good. You guys can enjoy $10k. I'll enjoy more is all.

"I'm good"

Yep, I dont think you would invest in Bitcoin, you just keep talking about when you would have sold. That sounds like middle school to me. Once you are in the game we can take you seriously. Until then, its just laughable.

G36 says

"I'm good"

Yep, I dont think you would invest in Bitcoin, you just keep talking about when you would have sold. That sounds like middle school to me. Once you are in the game we can take you seriously. Until then, its just laughable.

Laughable? You're the one on a forum gloating about $10k. Now that's funny. I don't know everyone here, but I'd guess being in CA a good chunk of these guys here make $10-20k/mo. They're just crazy and do it in CA ;)

Like I said, brag when you've made 6 figures on something. Anything. Likely won't happen with BTC.

WookieMan says

G36 says

"I'm good"

Yep, I dont think you would invest in Bitcoin, you just keep talking about when you would have sold. That sounds like middle school to me. Once you are in the game we can take you seriously. Until then, its just laughable.

Laughable? You're the one on a forum gloating about $10k. Now that's funny. I don't know everyone here, but I'd guess being in CA a good chunk of these guys here make $10-20k/mo. They're just crazy and do it in CA ;)

Like I said, brag when you've made 6 figures on something. Anything. Likely won't happen with BTC.

So you only care about 6 figures but tell us you would have sold "everything at 18k". You make no sense....keep trying. Fact is you talk a big game but dont own a single Bitcoin :)

G36 says

So you care about 6 figures but tell us you would have sold "everything at 18k". You make no sense :) keep trying.

You're joking right??? 18K is the price of BTC in US dollars. At this moment I would dump it. You make no sense in assuming people's finances. You tout a $10k gain which is great, but it's a nothing burger in the realm of making money. You're bragging about something I did when I was 23. Come back to this thread when you've made 6 figures off your spreadsheet from the current trade you're pumping. Gloat about it. I'll take it.

Until you've sold and gotten the money, you've made nothing. You have no gains. I hope you don't learn the hard way counting funny money before you actually capitalize on it.

WookieMan says

G36 says

So you care about 6 figures but tell us you would have sold "everything at 18k". You make no sense :) keep trying.

18K is the price of BTC in US dollars. At this moment I would dump it. Come back to this thread when you've made 6 figures off your spreadsheet from the current trade you're pumping.

Why would you sell Bitcoin at 18k when this is just pennies for you? I thought you only care about 6 figure gains.
You dont even own one Bitcoin am I right?

USD is looking to keep dumping which is very pos. for crypto and atm the same for the equity markets https://invst.ly/s-w9s
The equity markets are looking to give back all they took yesterday until the $USD index lands in true over sold area crypto is
a min hold with buying on the dips. The pop has just started, technically BTC is a beast with strength.

Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
https://www.coindesk.com/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios

"Ultimately, Bernstein Research recommends that bitcoin can comprise from 1.5% to 10% of portfolios,
depending on the cryptocurrency’s monthly returns."

https://www.cnbc.com/video/2020/11/12/bitcoin-surges-higher-as-brand-name-investors-buy-the-cryptocurrency.html

"Bitcoin surges higher as brand-name investors buy the cryptocurrency"

CNBC seems to be all over Bitcoin lately.

https://twitter.com/CNBC/status/1333407639817097218

"No one uses gold to buy coffee." Cameron and Tyler Winklevoss explain why bitcoin is "digital gold."

Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
"Cardholders will be eligible to receive 1.5% of their purchases back in BTC"

Speaking of Visa, what are "they" them boys up to? This patent was filed just a little over a year ago and will go real well with the workings of CBDC
https://pdfaiw.uspto.gov/.aiw?PageNum=0&docid=20200151682&IDKey=5E7C13E07C78&HomeUrl=http%3A%2F%2Fappft.uspto.gov%2Fnetacgi%2Fnph-Parser%3FSect1%3DPTO1%2526Sect2%3DHITOFF%2526d%3DPG01%2526p%3D1%2526u%3D%2Fnetahtml%2FPTO%2Fsrchnum.html%2526r%3D1%2526f%3DG%2526l%3D50%2526s1%3D20200151682.PGNR.%2526OS%3D%2526RS%3D
After looking at the drawings scroll down to Pg 17 Brief Summery [0008] last sentence. .

Visa Partners With Ethereum Digital-Dollar Startup That Raised $271 Million
https://www.forbes.com/sites/michaeldelcastillo/2020/12/02/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million/?sh=1da47ab44b1f

How Blockchain Went From Bitcoin To Big Business | Forbes

https://www.youtube.com/embed/ahWcUZfSufI

BlackRock is the world’s largest asset manager with over $7.4 trillion dollars in assets under management, according to the manager’s website.
https://www.coindesk.com/blackrock-ceo-bitcoin-global-asset
BlackRock’s CEO of BlackRock Larry Fink said bitcoin has “caught the attention” of many people and that the cryptocurrency market was still
relatively small compared to others. "Fink said the "nascent" cryptocurrency asset class can possibly “evolve” into a global market asset"

Just to be upfront as a trader not an investor I am momentarily considering going to cash and the main reason is this chart of the DX https://invst.ly/t0wg-
USD is BTC's quote currency, not hard pegged like most all fiat in that regard but is independent and floats, however as a quote currency USD strength does matter imo.
USD is oversold via RSI on the daily so there is a decent possibility of some impulse buying to prior support and if this ends up being the case crypto should give some discount pricing. If I were just looking to get into this market I would consider waiting until price breached the last high quoted on the exchange you are using or price to tilt to some degree
TBD.

I went flat yesterday which has payed dividend with discount prices across the board about 7.5% so far however there are decent supports lower at 18000/17800/17500/16800+/- so depending on the price reaction, the USD among a few other indications if/when those levels are hit Ill start testing some buys. I am shaking the dice that prices are still stumbling a bit so I can load up on as many XRP as possible the 11th or there about on my Kraken acct for the Flare Networks’ airdrop of Spark tokens 1:1 on Dec.12. The XRP coins need to be on a participating platform on the 11th then can be taken off and/or sold or what ever on the 13th. Ripple will take a snapshot of all proper holders sometime on the 12 and the your acct will be credited with the Spark tokens sometime after.
https://en.ethereumworldnews.com/how-to-prep-your-xrp-for-the-flare-networks-spark-token-flr-airdrop/

Thanks for reminding me. I will move my XRP to BinanceUS.

Very bullish for Bitcoin

https://www.bloomberg.com/news/articles/2020-12-06/fomo-among-big-investors-may-support-bitcoin-s-polarizing-rally

“The multitude of regulated crypto exchanges and custodians has eliminated the ‘career risk’ for institutional investors,” PwC’s Hong Kong-based Global Crypto Leader Henri Arslanian said in an interview."

"JPMorgan Chase & Co. strategists point to the Grayscale Bitcoin Trust -- which invests in the digital coin and tracks its price -- as a potential window into wider crypto ardor beyond the retail demand from Millennials."

"The Grayscale vehicle’s assets have swollen to more than $10 billion from $2 billion at the start of December last year, its website and factsheets show. It drew almost $720 million of inflows in the third quarter, according to an investment report, which said institutions -- dominated by hedge funds -- accounted for 81% of the money coming into the firm’s digital-asset funds.

Guggenheim Partners LLC last month reserved the right for its $5.3 billion Macro Opportunities Fund to invest in the Grayscale trust."

G36 says

Very bullish for Bitcoin

So many reasons to list however I'm looking for a nice great big dump to buy into, I am about 95% flat crypto atm Looking for some discount ;)

Timber!!! ;)

German bank launches crypto fund covering portfolio of digital assets
https://cointelegraph.com/news/german-bank-launches-crypto-fund-covering-portfolio-of-digital-assets

Wow.....that is Germany's oldest bank.

https://www.financemagnates.com/cryptocurrency/news/germanys-oldest-bank-introduces-cryptocurrency-fund/

"We see that digital assets and cryptocurrencies are becoming increasingly attractive to institutional investors."

We are in the middle of mass adoption. A new era of Finance.

G36 says

Wow.....that is Germany's oldest bank.

Add the largest asset manager Chief Investment Officer Larry Fink is going to collect some satoshs for his big spending clients out of the 7 trillion they manage.
Head of world’s largest asset manager says bitcoin can possibly ‘evolve into a global market’ asset
https://www.marketwatch.com/story/head-of-worlds-largest-asset-manager-says-bitcoin-can-possibly-evolve-into-a-global-market-asset-11606854857

Cash says

Head of world’s largest asset manager says bitcoin can possibly ‘evolve into a global market’ asset

head of world's largest asset manager......Our DF should reach out to the world's largest asset manager and tell him about the Nucler EMP and that "the bottom can fall out any minute". lol f.-ing lol!

Mainstream financial institutions suddenly getting into Bitcoin spooks me.

The whole point of Bitcoin is to be completely independent of their control.

Patrick says

Mainstream financial institutions suddenly getting into Bitcoin spooks me.

The whole point of Bitcoin is to be completely independent of their control.

We dont have to like mainstream financial institutions.... but that doesnt mean we should not allow them to make us wealthy by driving up the price. I cant think of more bullish news for Bitcoin's price. I like to remember there were people that predicted Bitcoin will go to zero :) :)

I think the point of Bitcoin is to be a store of wealth / digital gold.
Since its built on a permissionless blockchain that requires no permission to join and interact with, anyone can participate (banks, criminals, us, hedge funds, nasdaq listed companies, billionaires, even DF)

Discount pricing on the way?
https://cointelegraph.com/news/bitcoin-price-bearish-alert-as-140k-btc-from-mt-gox-may-move-for-the-first-time

Just think if you had a bunch and I mean a bunch of BTC on hold in litigation coming to you and the courts finally opened the floodgates
handing them over. Keep in mind those coins had a value of $400/$550 at the time they were locked down. Taking major profit anyone?

Cash says

Discount pricing on the way?
https://cointelegraph.com/news/bitcoin-price-bearish-alert-as-140k-btc-from-mt-gox-may-move-for-the-first-time

Just think if you had a bunch and I mean a bunch of BTC on hold in litigation coming to you and the courts finally opened the floodgates
handing them over. Keep in mind those coins had a value of $400/$550 at the time they were locked down. Taking major profit anyone?

Lol. You guys have no clue and that's why these threads are hysterical to me. You stomp on people telling you truths and then the truth looks like it may occur. It's an unregulated market and you have ZERO clue where it's going. No one does unless they hold 10-20% of all BTC or are part of a wealthy group holding it.

G36 had no gains for 3 years while pumping it under an old username a couple months back (took a break so as not to be obvious). Now it's "gold 2.0" that doesn't have that great of a track record compared to many stocks over a 3 year period dating back to December 2017. It's flat and if you panicked you lost your ass big time in the valley. Basic index funds have outperformed BTC the last 3 years, and by a lot with almost zero risk.

Hell shitty old gold blew BTC out of the water the last 3 years. I will say Cash is more honest about BTC of the 2 users that supposedly have invested in it on this site with the above link. G36 is holding from 3 years ago and is now starting to get nervous that it's going to plummet again not having made a dime on BTC... errrrr.... gold 2.0... lol. Enjoy the ride.

140k coins will move the market. I said $18k wasn't a bad selling point and got shit on. G36 needs to stop acting like I don't know what I'm talking about and dishing out ad hom and not answering any of the massive flaws with BTC. Good day.

Thanks DF! Keep em coming!

one more to add:

"Basic index funds have outperformed BTC"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

G36 says

>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

From December 2017? Lol. I've made substantially more over that time period in other investments. Like 6 figures... lol. Keep trying though. Are you trying?.... lol. Hard to tell. You haven't addressed one thing on that list.

Many stocks start in the pennies and gain more than BTC and eventually pay dividends. The last 3 years with BTC has been dead money. Didn't even come close to inflation. Gold 2.0.... lol. If it's better than gold it should have beat it. It didn't and your "wisdom" would have people believe gold sucks (I don't purchase metals) yet it outperformed BTC since December 2017. By a lot.

You can keep digging your ho...... sorry, making a list about all the flaws with BTC. I don't care because I don't gamble. I leave gambling up to morons and just make $$$$.

Heeey DF!

here the BTC performance since 2014. holy crap! Why dont you show us your screenshots outperforming Bitcoin, lol!

WookieMan says

here the BTC performance since 2014. holy crap! Why dont you show us your screenshots outperforming Bitcoin, lol!

G36 says

>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

Wait, wait, wait. I thought it was 9,000,000%. Is it 17,918.98% or 9,000,000%? You're a walking contradiction dude. You're off by a magnitude of 502 from your "list" that you've addressed nothing like cowards do.

December 2017 till now BTC has been dead money as an "investment" or holding it. You advocate holding it. From December 2017 till today, you were wrong. It's okay to be wrong. I think you might be used to it hence why you've created a list of actual flaws and are too afraid to have a discussion about the flaws. You're scared. That's okay though, mom will get your meatloaf down to you in the basement soon.

Keep cherry picking though. If your screen shot is accurate, you're about to freak out and sell, and you should have taken my advice at 18k. Either way, I've still made more money over the December 2017 period till today than you would have. I don't have to pump on forums to get to sleep at night.