Official Cryptocurrency Thread: Skepticism to Speculation

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. dblplay1212

    dblplay1212 Well-Known Member
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    Sorry, I don't spam the thread daily. I didn't sell all. I sold enough at $16k that now everything left is house money. You don't agree with that strategy? Cool.
     
  2. user15000

    user15000 Well-Known Member

    I don’t but your money, so you do you. Glad you made money, but timing the top doesn’t appear to be so easy.
     
  3. Wee Bey

    Wee Bey Well-Known Member
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    I fucking love this thread
     
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  4. dblplay1212

    dblplay1212 Well-Known Member
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    I wasn't trying to catch the top. Never said I was. I just didn't want to see the bottom. I wanted to limit my risk so I cashed some out to where I have no risk now. It went from like 16.6 to 15.8 or something like that so I got out of some of it to make myself even. I hope it keeps going up.
     
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  5. user15000

    user15000 Well-Known Member

    Don’t think I’ve ever asked: what’s your interest/position here?
     
  6. user15000

    user15000 Well-Known Member

    This ends in him talking to some smart people.

     
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  7. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Someone photo shop huskguy69 on Ray Dalio and I'll send you some sats
     
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  8. user15000

    user15000 Well-Known Member

    I’m guessing that Dalio knows he can’t ignore it any more and feels he’s missing something.

    2017 hits, he calls bubble, it enters a bear market, he largely ignores it. 2020 hits, PTJ is in it, Stan Druckenmiller has a position, its crushing his gold position, it didn’t die, and is now cruising for ATH in price and market cap. He’s smart and wants to know what he doesn’t understand.
     
  9. user15000

    user15000 Well-Known Member

    An update on how the “better tech” is doing.

     
  10. —

    Well-Known Member
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    I don’t understand how people don’t realize the toothpaste is already out of the tube.

    it’s like someone holding out for Betamax to overtake VHS in 1996.
     
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  11. construxboy

    construxboy xenForo is the new TMB
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    You know you don't get to play Penn State in the playoffs, right? Need to up your game.
     
  12. user15000

    user15000 Well-Known Member

    It is still ridiculously early, and it takes a decent amount of work and intelligence to wrap your head around it. Doesn’t happen in the first exposure.
     
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  13. HuskerGuy99

    HuskerGuy99 Above Average Member



    Community and networking effect.
     
  14. HuskerGuy99

    HuskerGuy99 Above Average Member

    It's amazing that Dalio once again states his position and crushes the speculating shills with simple questions that they cannot answer without twisting and turning, and the only thing that gets pasted here is his opening statement, which was an invitation for ANYONE to once again refute his rock-solid position on the speculative digital ones and zeroes that is Bitcoin.



    He wanted to be corrected and he wasn't. More shilling ensues.
     
  15. HuskerGuy99

    HuskerGuy99 Above Average Member

    Selling for a profit is all that counts. It means you weren't a bagholder like some in this thread will inevitably be if they don't follow your lead. :)
     
  16. user15000

    user15000 Well-Known Member



    It seems to be 10% of liquid portfolio, but still.
     
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  17. Houndster

    Houndster $25 Standard Unit
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    How would you short BTC?
     
  18. user15000

    user15000 Well-Known Member

    Last i looked you could do it on Kraken, and I’m sure about 2 minutes of googling will lead to an answer.
     
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  19. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Any crypto exchange
     
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  20. user15000

    user15000 Well-Known Member

    Beanie babies, blackberries, and billionaires. It's what bitcoin fucking does

     
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  21. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Rut Roh
     
  22. HuskerGuy99

    HuskerGuy99 Above Average Member



    Common theme developing here with user15000. Bullish.
     
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  23. HuskerGuy99

    HuskerGuy99 Above Average Member

  24. HuskerGuy99

    HuskerGuy99 Above Average Member

    "SEC Charges TV Azteca And Its Chairman—Ricardo Salinas Pliego—with Fraudulent Scheme to Conceal Salinas’ $109 Million Windfall Through Related Party Transactions"

    FRAUDULENT SCHEME

    "iT's WhAt BiTcOiN fUcKinG DoEs!!11!"
     
  25. user15000

    user15000 Well-Known Member

    You live a sad pathetic existence my dude. No one in here gives a single fuck about a 2005 sec charge or that you typed in “myspace” into your Twitter search bar and copied the first tweet that showed up.

    Go back to your nonsense post like a month ago claiming that btc was linked to the market and enjoyed none of the upside. And then ask yourself why you’re so wrong?
     
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  26. user15000

    user15000 Well-Known Member



    The gold market cap is $10T
     
  27. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Imagine not having huskguy69 on ignore. Lol
     
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  28. user15000

    user15000 Well-Known Member

    I randomly click show ignored content to see his random ramblings. He stays true to form.
     
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  29. user15000

    user15000 Well-Known Member

    Stock has gone from like $140 to $220 since buying btc. Wonder if other companies are looking into this....

     
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  30. user15000

    user15000 Well-Known Member

  31. HuskerGuy99

    HuskerGuy99 Above Average Member

    Reading the last few posts and the content contained within is like reading the work of scammers. "Wake up!!! YOU HAVE TO GET IN NOW! BUY NOW IT IS GOING UP!"

    We know how this ends already.
     
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  32. kinghill

    kinghill Well-Known Member
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    this thread has good shilling entertainment
     
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  33. user15000

    user15000 Well-Known Member



    But what does this guy know
     
  34. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    2021: the tulip strikes back
     
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  35. kinghill

    kinghill Well-Known Member
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    I WANT BACK IN FOMO FOMO FOMO

    I only ever cared about the shittiest of shitcoins though

    I'd love to throw $1k into $0.086527 XLM right now because I'm stupid
     
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  36. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Dip is imminent, where you buying?
     
  37. user15000

    user15000 Well-Known Member

    Waiting for a dip in the middle of this is bold. I think it’s more likely to go up than down short and long term.
     
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  38. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    Liverpool

    This is still bitcoin, 30% dips will happen. We’re extremely over extended from the 21 week ma which was the golden trend line last time. I hear you though institutional buying is different than retail.
     
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  39. user15000

    user15000 Well-Known Member

    There is a huge amount of btc being moved off exchanges compared to the last run. Add the institutional buying, gbtc, PayPal, etc. and it trends toward a supply shock I think.

    Either way, I buy every 2 weeks when I get paid. Removes any need to time the market or wait for dips.
     
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  40. southside

    southside Well-Known Member
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    It’s never hit 90 on the 14 day RSI chart and not corrected. We’re there right now
     
  41. Harrison Beck

    Harrison Beck Hi, I'm Harrison Beck
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    extreme greed
     
  42. southside

    southside Well-Known Member
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    Look at this damn wall 94A41D16-DF28-4A86-A4EA-0489114F955D.jpeg
     
  43. southside

    southside Well-Known Member
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    Zooming out to a month it’s still around 70, where the 90 correction historical still holds
     
  44. user15000

    user15000 Well-Known Member

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  45. southside

    southside Well-Known Member
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    Thanks, I was looking for some historical context. To be expected given the proximity to ATH, but the depth is greater + the RSI signals are greater.

    was comfortable DCA at 15 and 16k. Not anymore until we see a double digit correction. Too risky to trim here as well despite the overbought signals.
     
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  46. user15000

    user15000 Well-Known Member

    I don’t pretend to know anything about technicals, and I expect quite a bit of resistance at $20k. But btc has surprised me plenty before. Just knew I’d seen sell walls from Vijay plenty of times before.
     
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