Topic: Bitcoin over $15, what does it mean for you? - page 3. (Read 2853 times)
wow... just wow.
personally it makes me anxious because i'd like to be very heavily invested in bitcoins, but don't have any spare fiat to pump into it yet.
if i had a spare $500k, that's about how much i'd be willing to dump in at this point.
if i had a spare $500k, that's about how much i'd be willing to dump in at this point.
The price of bitcoin is at this moment above 15; 15.57 to be exact.
What does this mean to you?
What does this mean to you?
All things happen in fives, or are divisible by or are multiples of five, or are somehow directly or indirectly appropriate to 5. The Law of Fives is never wrong.
—Malaclypse the Younger, Principia Discordia, Page 00016
I see it's been proven again.
If you take the 5s from the numbers in that sentence, you are left with two ones and a seven. If you take the ones from the seven, you get five. It's inescapable.
It means some jackass just stole thousands of USD from me with a bruteforce and I happen to make less yearly than a bum does daily. That's what it means.
Very little as I have none.
The number 5 is intrinsically related to Phi and the Fibonacci series:
(5 + √5) x (5 – √5) = 5 + 5 + 5 + 5
Take a pentagon with 5 equal sides and connect all the points to form a 5-pointed star. The ratios of the lengths of the resulting line segments are all based on phi.
(5 + √5) x (5 – √5) = 5 + 5 + 5 + 5
Take a pentagon with 5 equal sides and connect all the points to form a 5-pointed star. The ratios of the lengths of the resulting line segments are all based on phi.
The price of bitcoin is at this moment above 15; 15.57 to be exact.
What does this mean to you?
What does this mean to you?
All things happen in fives, or are divisible by or are multiples of five, or are somehow directly or indirectly appropriate to 5. The Law of Fives is never wrong.
—Malaclypse the Younger, Principia Discordia, Page 00016
I see it's been proven again.
Been a while since we've seen a good sized crash, I think this is just accelerating it. I hope it does crash and that way I can buy some btc for cheap. None of it matters in the long term. In the long term btc will keep growing and we'll see it keep growing steadily---it'll hit 16, then crash to 10. eventually it'll grow steady to 15/16 again, spike to 18 or 20 then crash to 12 or 15, repeat to 25 repeat to 15 or 20, repeat, repeat, repeat.
The long term trend is still growth though.
The long term trend is still growth though.
It means more purchasing power if you hold Bitcoins.
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Looking at the charts, $15 is not a significant number. There might be a floor at around $10, but considering that the price didn't even hover for a bit at the previous ceiling between $14-$15, I would say that it is just a round number that some people like. Also, that previous price crash at this point appears to have been fundamentally motivated, not technically (from a trading analysis standpoint).
I would love to know what volume of transactions is just from traders, rather than people who need to acquire bitcoins to make purchases. My gut is that it is mostly traders...
I would love to know what volume of transactions is just from traders, rather than people who need to acquire bitcoins to make purchases. My gut is that it is mostly traders...
CRASH IS INCOMING, SELL, SELL, SELL!
The price of bitcoin is at this moment above 15; 15.57 to be exact.
What does this mean to you? Do you want to buy more, do you have money to buy with, do you have all the bitcoins you want?
To start off, to me it means I've had a good run already. I got into bitcoin quite a few months ago, and then the price was much lower. I liked the idea of Bitcoin, so I bought some. It seemed like a good solution to problems.
Since then I've pretty much bought the amount that I think I want. I think there's always risks, so I never go "all in". But I do have quite a few percent of my portfolio in BTC.
I actually hope that BTC might make me a serious profit. I think our financial systems are having massive problems, and BTC offers a solution. It's not perfect, but it's the best so far.
What does this mean to you? Do you want to buy more, do you have money to buy with, do you have all the bitcoins you want?
To start off, to me it means I've had a good run already. I got into bitcoin quite a few months ago, and then the price was much lower. I liked the idea of Bitcoin, so I bought some. It seemed like a good solution to problems.
Since then I've pretty much bought the amount that I think I want. I think there's always risks, so I never go "all in". But I do have quite a few percent of my portfolio in BTC.
I actually hope that BTC might make me a serious profit. I think our financial systems are having massive problems, and BTC offers a solution. It's not perfect, but it's the best so far.
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