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Merged Bitcoin - Part 3

Samson said:
Bitcoin is rat poison.
Bitcoin is fixing to die with its hapless fools.
Sad but true.
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Maybe, maybe not. However, what does "fixing" mean? At what point does BC not hitting zero disprove your fixing prediction? If I predict a catastrophic market collapse every month for a decade, until the day comes when it actually does occur (again), does that confirm my expertise at market timing?
 
I've got a fever..

...and the only prescription is more algo.
 
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trustbutverify said:
Maybe, maybe not. However, what does "fixing" mean? At what point does BC not hitting zero disprove your fixing prediction? If I predict a catastrophic market collapse every month for a decade, until the day comes when it actually does occur (again), does that confirm my expertise at market timing?
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Bitcoiners should have unloaded above 6500
 
trustbutverify said:
How far above 6500? Because if they sold at 6500, they would have had to live through a 5% jump.
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I take very seriously an algo sell on a monthly chart.
I might have suggested average every 100 above which would give a powerful short. I trade nothing these days by the way which can help objectivity.
 
Samson said:
I take very seriously an algo sell on a monthly chart.
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If you hadn't previously given a recommendation to buy after March 12 then your recommendation is useless. Anybody who bought before March 12 would have lost money if they followed your recommendation.

If you were recommending that gamblers short bitcoin after the 6500 mark then you also need to give a buyback date.
 
psionl0 said:
If you hadn't previously given a recommendation to buy after March 12 then your recommendation is useless. Anybody who bought before March 12 would have lost money if they followed your recommendation.

If you were recommending that gamblers short bitcoin after the 6500 mark then you also need to give a buyback date.
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I have never traded bitcoin and stand by my record as consummate advisory apostle.

I now believe bitcoin is going to the moon.
 
Mycroft said:
I'm pretty sure he's just pulling our leg.
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No.The simple algorithm predicts 3000 before 14000

The interesting principal behind bitcoin is now to be tested by figuring who owns the money to fix C19
 
Samson said:
I am pleased to see bitcoin crash.
This is not crowing but logical.
The periodic table has finite members.
The crypto world has infinite possible members so bitcoin is a nonsense.
Warren Buffett:
Bitcoin is like rat poison.
Charlie Munger:
Warren likes bitcoin a lot better than I do.

Hahahahaha
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Warren Buffett: Bitcoin is like rat poison.

Charlie Munger: Warren likes Bitcoin a lot better than I do.

Warren Buffett: I'm investing 10 billion in Occidental Petroleum stock.

Chris B: Hahahaha
 
I'm still undecided as to its importance, but with a 25% overnight gain if you didn't make at least 15% on your BTC day trading purse last night you have nobody to blame but yourself. The money fairy is definitely back in town and she was making her rounds. Lots of cash purchase new houses with new cars in the drive will come out of that last FOMO session. :thumbsup:

Chris B.
 
ChrisBFRPKY said:
I'm still undecided as to its importance, but with a 25% overnight gain if you didn't make at least 15% on your BTC day trading purse last night you have nobody to blame but yourself. The money fairy is definitely back in town and she was making her rounds. Lots of cash purchase new houses with new cars in the drive will come out of that last FOMO session. :thumbsup:

Chris B.
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To be fair, bitcoin is only recovering from a 50% drop 6 weeks ago. Unless you can pick when the spikes will occur, day trading with BTC will be no more successful than with any other commodity.

And for those in it for the long haul, BTC still has to double in price if you wish to recover what was lost in 2017.
 
psionl0 said:
To be fair, bitcoin is only recovering from a 50% drop 6 weeks ago. Unless you can pick when the spikes will occur, day trading with BTC will be no more successful than with any other commodity.

And for those in it for the long haul, BTC still has to double in price if you wish to recover what was lost in 2017.
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I don't think the oil traders would agree. I'm sure they'd rather have BTC at the moment.

The long haulers could have easily been in the green zone by now if they did a bit of day trading and bought more BTC when it was at bargain prices. Even so, I do believe they will still come out even if they choose to sit on their BTC investment. (The Halvening is growing near)

I can't remember how much I recommended everyone buy in BTC to try it out, if it was $100 or $1000 (and with multiple threads I'm not gonna be bothered to look), but I think those that did should now see about 100% gain. Those that didn't will still be here throwing rocks at BTC. :mad:

I don't think day trading is about knowing where the top of a spike is. It's more about setting a profit per coin goal and resisting the urge to get greedy. Make hay when the Sun shines, it may be raining tomorrow.


Chris B.


Edited to add: Loki coin almost doubled in value last night.
 
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Americans that bought BTC with their $1200.00 stimulus check now have $1600.00.

There is now a Twitter feed that tracks stimulus check/BTC purchase and its current value, hilarious.

I'd sell back $1300.00 worth now but that's me, bird in the hand.

Chris B.
 
ChrisBFRPKY said:
Americans that bought BTC with their $1200.00 stimulus check now have $1600.00.

There is now a Twitter feed that tracks stimulus check/BTC purchase and its current value, hilarious.

I'd sell back $1300.00 worth now but that's me, bird in the hand.

Chris B.
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The thing is that you are posting now that the price is on the rise (or rather, in a steady state). You were nowhere to be found when bitcoin lost half of its value virtually overnight several weeks ago.

Bitcoin is a good thing to include in a mix of investments but the old adage about "putting all of your eggs in one basket" still applies.
 
psionl0 said:
The thing is that you are posting now that the price is on the rise (or rather, in a steady state). You were nowhere to be found when bitcoin lost half of its value virtually overnight several weeks ago.

Bitcoin is a good thing to include in a mix of investments but the old adage about "putting all of your eggs in one basket" still applies.
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I read here daily when there's something to read. I post in the thread when BTC is on the rise to rub salt into the open wounds of the naysayers. I love the fact that Warren Buffet who has been so often quoted here has been served a **** sandwich in the stock market while BTC has continued to recover and gain.

Perhaps I'm just being petty but as a crypto investor who lives with the constant negativity of the naysayers it makes me feel good to say "I told you so".

And to make things worse for the naysayers, if Bitcoin and all other crypto goes bust tomorrow it wouldn't matter to me in the least, I've already reaped my reward from it. Anything extra now is just dessert. :D

Chris B.
 
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