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Topic: Strong hands (Read 3336 times)

anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
April 22, 2014, 07:37:42 AM
#33
The sherry casks give off the darker color. Port casks make it even darker but I don't like whisk(e)y from port barrels myself.

Johnny Walker Black Label is a whisky with a light natural color, being blended from Caol Ila, Talisker and grain whisky.  The dark color comes from liberal quantities of E150a (caramel). Caramel dye looks quite different from the reddish brown tint of PX or Port casks or the yellow of the oak. So Black Label is a pretty good sample of a color a whisky should not have. Some very, very old whiskies have similar colors to Black Label, but they are exceptions - no bottler in their right mind would add E150 to a Brora 50yo.

Never judge a whisky by it's (lack of) color.
legendary
Activity: 1652
Merit: 1265
April 21, 2014, 01:44:16 PM
#32

Correct the Whisk(e)y type is a giveaway for the trader type


so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you Smiley ).

Ok the 1990 Lagavullin is 23 years old but the years don't count when bottled. It has been double matured so it is 16 years of age (correct me if i'm wrong).
This is a very good whisky that competes with more expensive whisky.

What kind of a trader:
This would make you a Hodler that has been in the game for a while and doesn't have much to lose.
You probably have "enough" bitcoins for hodling and use excesses to trade a little bit (fun money).
Since you do not have much to lose you do short term trading and try to be a "strong trader" which you are not quite at the moment.

Smiley

P.S. Lagavullin 16 year is nice but I've always wanted a distillers edition. Sherry cask whisky is nice Smiley

Correct that's 16 years old as well, the sherry casks add a little sweet smoothness to the excellent lagavullin taste. The color is darker too, not sure of naturally or caramel, but that bottle just looks sexy. You can get it at almost the same price as original 16yr, it is not an expensive whisky (sub-100).

The sherry casks give off the darker color. Port casks make it even darker but I don't like whisk(e)y from port barrels myself.
legendary
Activity: 1652
Merit: 1265
April 21, 2014, 01:42:02 PM
#31
Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

....snip...



Correct the Whisk(e)y type is a giveaway for the trader type

"HODlers"
Use a good basic single malt whisk(e)y >10years of age or a good Tennessee/bourbon whiskey since they have to consume quite a lot to keep them from the urge of selling.

You're not getting it. Hodlers never feel an urge of selling, so they don't need whisky at all to suppress it.

People must understand that hodling is not a strategy. It's a religion. Cheesy

ya.ya.yo!

Whiskey is in the definition of hodling (hence the misspelling of holding).

To HODL:

The act of holding on to a financial trade, often a "crypto-currency", while it plummets it value. Hodling a trade indicates that an unusually high amount of personal resolve is required from the trader, due to the possibility of massive financial losses. Such resolve may be found in the form of whiskey or other strong alcohols, hence the mis-spelling.
"My bitcoins lost 45% of their value in this crash, but I'm hodling"
"Everybody just needs to hodl, we can get through this" #hodl
hero member
Activity: 525
Merit: 500
..yeah
April 21, 2014, 01:18:55 PM
#30
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

But I think you're right: Everybody that still uses US$ for value comparison didn't understand Bitcoin yet.



that would be the expression of the ultimate strong hand.

who cares about $, all the bitcoins belong to me  Cheesy

My boy! Who cares about $ if you have all the btc you need to soon retire. Fuck fiat Cheesy

On a serious note: one btc is enough to retire in the end.


..  Strong! Grin
legendary
Activity: 1176
Merit: 1010
Borsche
April 21, 2014, 10:02:33 AM
#29

Correct the Whisk(e)y type is a giveaway for the trader type


so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you Smiley ).

Ok the 1990 Lagavullin is 23 years old but the years don't count when bottled. It has been double matured so it is 16 years of age (correct me if i'm wrong).
This is a very good whisky that competes with more expensive whisky.

What kind of a trader:
This would make you a Hodler that has been in the game for a while and doesn't have much to lose.
You probably have "enough" bitcoins for hodling and use excesses to trade a little bit (fun money).
Since you do not have much to lose you do short term trading and try to be a "strong trader" which you are not quite at the moment.

Smiley

P.S. Lagavullin 16 year is nice but I've always wanted a distillers edition. Sherry cask whisky is nice Smiley

Correct that's 16 years old as well, the sherry casks add a little sweet smoothness to the excellent lagavullin taste. The color is darker too, not sure of naturally or caramel, but that bottle just looks sexy. You can get it at almost the same price as original 16yr, it is not an expensive whisky (sub-100).
sr. member
Activity: 378
Merit: 255
April 21, 2014, 09:51:02 AM
#28
I propose an alternative to the 'strong hands' narrative:

Remember who panics first panics best!

This has never been true in bitcoin to this point.

The panic sellers get left behind and hang around the board as bitter losers.
legendary
Activity: 1806
Merit: 1024
April 21, 2014, 09:14:03 AM
#27
Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

....snip...



Correct the Whisk(e)y type is a giveaway for the trader type

"HODlers"
Use a good basic single malt whisk(e)y >10years of age or a good Tennessee/bourbon whiskey since they have to consume quite a lot to keep them from the urge of selling.

You're not getting it. Hodlers never feel an urge of selling, so they don't need whisky at all to suppress it.

People must understand that hodling is not a strategy. It's a religion. Cheesy

ya.ya.yo!
legendary
Activity: 1652
Merit: 1265
April 19, 2014, 07:28:25 PM
#26

Based on your choice of Whisky I'd guess that one of those Bitcoin addresses with a 4-digit amount on it that have been left untouched since 2011 is yours Wink

I wish it was that many digits! Sad But I have I think couple of addresses untouched from '11. I also have some whisky, more of a collector item really, which was bottled the year I was born. Not Lagavulin, unfortunately they only started bottling later Smiley

Once a whisky is bottled it does not age. But great item non the less.
sr. member
Activity: 254
Merit: 250
Digital money you say?
April 19, 2014, 03:02:36 PM
#25
I have very weak hands, right around $5k-$10k and $50k-$200k+. I have others in my family who are just as weak, be careful of our bearishness, our opinions might represent the majority.

They don't drink, but I do when I reach my weak zones.

I might even hold some of my coins so I can be weak 30+ years from now.

* whispers * Be careful, bears are everywhere...
legendary
Activity: 1652
Merit: 1265
April 19, 2014, 05:12:02 AM
#24

Correct the Whisk(e)y type is a giveaway for the trader type


so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you Smiley ).

Ok the 1990 Lagavullin is 23 years old but the years don't count when bottled. It has been double matured so it is 16 years of age (correct me if i'm wrong).
This is a very good whisky that competes with more expensive whisky.

What kind of a trader:
This would make you a Hodler that has been in the game for a while and doesn't have much to lose.
You probably have "enough" bitcoins for hodling and use excesses to trade a little bit (fun money).
Since you do not have much to lose you do short term trading and try to be a "strong trader" which you are not quite at the moment.

Smiley

P.S. Lagavullin 16 year is nice but I've always wanted a distillers edition. Sherry cask whisky is nice Smiley
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
April 19, 2014, 03:40:06 AM
#23
This thread took a nice twist. I'm into smooth Irish Whiskey. What does that say about my strategy?

That depends on the Whisky - Cooley is not far from Islay. If thats your style:


you may as well fit into the Islay Bitcoin Investor Group Wink
legendary
Activity: 1176
Merit: 1010
Borsche
April 19, 2014, 02:27:05 AM
#22

Based on your choice of Whisky I'd guess that one of those Bitcoin addresses with a 4-digit amount on it that have been left untouched since 2011 is yours Wink

I wish it was that many digits! Sad But I have I think couple of addresses untouched from '11. I also have some whisky, more of a collector item really, which was bottled the year I was born. Not Lagavulin, unfortunately they only started bottling later Smiley
legendary
Activity: 1708
Merit: 1020
April 19, 2014, 01:35:36 AM
#21
This thread took a nice twist. I'm into smooth Irish Whiskey. What does that say about my strategy?
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
April 19, 2014, 01:33:49 AM
#20

Correct the Whisk(e)y type is a giveaway for the trader type


so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you Smiley ).

Based on your choice of Whisky I'd guess that one of those Bitcoin addresses with a 4-digit amount on it that have been left untouched since 2011 is yours Wink
full member
Activity: 196
Merit: 101
April 18, 2014, 05:58:27 PM
#19
when we get rid of the FUD, we will go up strongly Smiley
legendary
Activity: 1176
Merit: 1010
Borsche
April 18, 2014, 05:55:55 PM
#18

Correct the Whisk(e)y type is a giveaway for the trader type


so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you Smiley ).
legendary
Activity: 1652
Merit: 1265
April 18, 2014, 03:55:24 PM
#17
Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

....snip...



Correct the Whisk(e)y type is a giveaway for the trader type

"HODlers"
Use a good basic single malt whisk(e)y >10years of age or a good Tennessee/bourbon whiskey since they have to consume quite a lot to keep them from the urge of selling.


"Strong hands"
They are either whales or people better off. The consume 18year or older whiskey. Whales take 30years or older ofcourse. They need the least whiskey since they don't care so quality must be high.


"Weak hands"
They put all of their money into bitcoin and have to drink the really cheap stuff. They have no money for glasses so drink from the bottle in high volume. They also cry-wank when pressing the sell button when selling at a loss.

*crap whiskey a friend got and refused to serve me. Also has a typo on the bottle (Flavour = English not American).
legendary
Activity: 2464
Merit: 1145
April 18, 2014, 03:41:18 PM
#16
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

But I think you're right: Everybody that still uses US$ for value comparison didn't understand Bitcoin yet.



that would be the expression of the ultimate strong hand.

who cares about $, all the bitcoins belong to me  Cheesy



Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

Right? I mean gravity is strong and all, but not compared to a motherfucking rocket ship.

you forgot that someone has to pay the fuel for the trip to the moon
hero member
Activity: 728
Merit: 500
April 18, 2014, 02:08:16 PM
#15
Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

Right? I mean gravity is strong and all, but not compared to a motherfucking rocket ship.
legendary
Activity: 1806
Merit: 1024
April 18, 2014, 06:37:21 AM
#14
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

Proof of belonging to the strongest hands is if you deny the whole concept... Cheesy

But I think you're right: Everybody that still uses US$ for value comparison didn't understand Bitcoin yet.

ya.ya.yo!
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