200-WMA is getting close to $41k, so the 200-WMA is moving up close to $30 per day (and likely higher than 20% per year),
That is some good
technical analysis . So moving averages are good but support and resistance levels are not?
I would not claim that I am doing technical analysis, yet I do like to get some ballpark ideas in regards to what might be realistic claims when folks are expressing high levels of certainty that the BTC price might go in one direction or another.
I personally am not trading, even though I buy on the way down and I sell on the way up, yet I am considering my actions to largely be portfolio maintenance and to serve as kinds of insurance.. that is supposed to always allow me to have cash available for buying BTC if the price goes down (so never running out of cash), and the same thing if the BTC price goes up, I would never run out of BTC to sell, and surely the amount of BTC that I sell on the way up is seeming to be less than 5% of my stash for every time the BTC price doubles, so surely hard to run out of BTC in those kinds of selling conditions.
Sure, since my BTC stash has been compounding (doubling in value), largely since $250 (around 8-ish times), I hardly even feel any restrictions if I might choose to sell a bit extra just for the hell of it.
you seem to be quite blind if you believe that bitcoin is some kind of a mature asset class that is just going to continue to meander around its current price points and fail/refuse to go up or if bitcoin has equal chances of going down as it does to be going up.
Yes I think of bitcoin as a mature asset class as 9th biggest asset just below silver.
From my view, that perspective seems blind and ill-informed in regards to attempting to figure out what bitcoin is, but no problem. You do you.
I am not saying about 50-50 chances, I am bullish but you have to keep in mind crucial levels if you want to be more profitable or avoid too much short term risk.
Trading in itself seems risky - especially if you have not first established a large enough stash to work with in order to conclude that you have accumulated enough or more than enough BTC so that if you are going to sell, then you already know that you have more than enough to sell some of it.
they may well be better off to invest into bitcoin rather than to be fucking around trying to trade what it either one of the best of investments available or the best investment available, so why fuck around trading the best investment. Hardly makes any sense,
Not everyone is loaded with bitcoins from early days.
Of course not. Yet, I would speculate that you are never going to get loaded with coins if you believe that you should be acquiring more coins by selling them - especially if you have not yet accumulated enough or more than enough coins.
Personally, I believe it tends to take a decently long time to get to a status in which you have enough or more than enough coins so that you can start to afford to sell some of them.
Again, you do you, if you think that you can accumulate more coins by selling coins. That sounds overly risky to me.
People need to move investments time to time (needs, better opportunities) and which is best time to move and not move, crucial support levels can help you a lot.
That does not sound like moving investments that sounds like trading, and I believe that it is a bad idea to try to trade bitcoin, and it is better to accumulate it and to hold it and manage it like an investment, not like a trade... but you can do whatever you want, even dumb shit like trading bitcoin.
You can portray yourself however you like.
A fish
ok.
when you come into this thread with trading ideas in regards to your bitcoin portfolio accumulation and/or management, then you might get some backlash in regards to those kinds of approaches to your bitcoin, and not just from me.
Bring it on!.
I already made my points.
An overwhelming quantity of the world's population also have to get to a point of getting enough or more than enough BTC before they get to the more advanced problem of how to spend their BTC.
Same could be said for any asset class (gold, silver etc.).
I don't think so. Bitcoin is different from other asset classes, and if you don't realize that, then that is your problem.
If someone is brand new to investing then they likely need to start one investment at a time, and probably bitcoin and cash would be a good place to start.. and yeah, it can take quite a while to build up a bitcoin position including the employment of good and sound cash management practices. Whether to invest beyond bitcoin and cash might ONLY become an issue after several years worth of bitcoin have been accumulated (yet the threshold will surely differ between folks and their exercising of discretion whether to invest into other things besides bitcoin and cash).
You seemed to have been suggesting fucking around with trading in order to accumulate BTC, so it seems that I was responding more to those kinds of issues that you were raising rather than the less important 1st world problems that might confront a guy who has already accumulated enough BTC or more than enough BTC.
I am not going to automatically run past the initial phase in which a guy has to get through his BTC accumulation phase and perhaps even part of his maintenance phase before he is even ready to start liquidating.. so i think that you are getting ahead of yourself or even ahead of where I would like to discuss since those first to stages seem way more important to me, and the guy who has gotten enough BTC or more than enough BTC can pretty much do whatever the fuck he wants anyhow...so I am not too worried about that guy... but I am worried about the guys who end up fucking around in their accumulation and their employing trading strategies to their BTC accumulation.. since a lot of those guys are not even going to come even close to having the problem of accumulating enough or accumulating more than enough BTC... which they gotta get to that point first.
Classic chicken and egg problem. Your argument is good except you are neglecting the fact that trading BTC can be a method to acquire it.
I am not neglecting that. I do presume that you need to have a discretionary income, and if you believe that you are getting your discretionary income through trading, then you are considering yourself to be a professional trader, which truly I don't recommend, even though sure there could be a few people who are capable of such..
My own presumption is to start with a normie who has some kind of a job.. and so presumptively discretionary income which means that his income is greater than his expenses, and he builds up his bitcoin investment from his discretionary income and figures out how aggressifve that he is able to be, and surely if he wants to be more aggressive then he has to be more organized and perhaps increase his discretionary income by increasing his income and/or cutting his expenses.
I know you are arguing about the demerits of trading and you want people to earn money (from something else) and then start accumulating BTC.
An overwhelming majority of people do not trade and should not trade. If you want to suggest that everyone learns how to trade, you seem to be living in a fantasy world. Largely I attempt to presume normal people do not want to trade, yet sure if they want to learn trading, then that is their choice. There is no reason to presume that you have to be a trader to get involved in bitcoin, yet if you choose to trade, then that is your choice, you are a minority of people not some kind of a standard and normal person.
I also understand your concern about trading in general but you will loose money in any venture in general if you do not learn and develop skills and to me trading is no different.
There is no reason to learn about trading in order to get involved in bitcoin and to build your bitcoin holdings. In fact it is likely better to avoid getting involved in trading for your first whole cycle or so while you are builidng and accumulating your bitcoin through just focusing on buying BTC.
Sure there are a decent number of people who cannot resist trading and/or gambling, and I would suggest that they attempt to imit their trading and/or gambling and/or shitcoining to less than 10% the size of their bitcoin size, and without cheating.. and sure, one of the things about trading and gambling is that it attracts degenerates (even normal people) who cannot resist once they get started, so it is going to be difficult to limit them to 10% of the size of their bitcoin investment, and so the better thing would be to not do it at all, yet if people cannot resist., then if they could at least limit their exposure to that largely unproductive behavior, then at least they might not end up getting totally wrecked with their position sizes and/or their focus.. which should be to be attempting to build up their bitcoin stash, which tends to be best accomplished through ongoing buying of BTC and not by fucking around with trading...but yeah, everyone thinks they are smarter and so yeah, go ahead and do what you like...and instead of taking 4-10 years to build up your bitcoin holdings , you end up with nothing (or close to nothing) and having to start over several times because you are failing to actually build your BTC holdings.. and we have so many folks who have been in bitcoin for 1-2 cycles or more and they don't have shit to show for it.
and, even like I mentioned with you @memehunter, by your forum registration date, have been in bitcoin for less than 1/2 a year and you act like you are smarter than everyone else and you believe that you are going to trade yourself into some kind of BTC prosperity..which surely sounds like a losing recipe, unless you can snap the fuck out of your delusion and figure out how to accumulate bitcoin. Perhaps get a real job and start to earn money so you can build up your BTC stash and also feed and house yourself, unless your grandma does not mind continuing providing you food and lodging, so you can live in a bit of a fantasy world in regards to supposedly how your BTC trading is "paying off."
Horey sheit, philip you are delusional, sometimes. You seem to be mixing up your Gary and your Jerry.
Ross who?
Some guy serving multiple life sentences for creating a website to fill public demand.
I was just suggesting that is how Trump will respond when it comes to considering his promise to release Ross or his thoughts about releasing himself.
Note: it is not good to have to explain humor.Ross who?
Some guy serving multiple life sentences for creating a website to fill public demand.
You forgot the part where he willingly tried to hire a hitman (who was an undercover agent) to kill someone.
Those hiring a hitman charges were not pursued by the government (yes, I saw that a few other members already addressed this point and you want to continue to argue that it is relevant to Ross's conviction/sentencing). In other words, Ross did not get locked up for that, unless the judge was influenced by allegations that were not brought.
Of course part of the reason that many folks consider Ross to have had been treated unfairly is because the sentence seems to have had been disproportionate to the kinds of charges that were actually brought and in which there was evidence for his conviction, which largely was more about the creating of a commerce (kind of free-market) based website.. We would not want the free market working too easily, would we?
I feel so bad about the $9,975 I paid for my Trezor Model One in January 2017.
Paid (0.33) ~ €23.500 for a Trezor One.
lol.
0.13
BTC.
similar situation here lol
of course its also why many folks may still have their btc as opposed to it being lost/stolen, so its a good value nonetheless
If you did not have enough BTC at the time that you used your BTC to buy something, I don't see why you would not have had spent and replaced.
I made several purchases with BTC over the years, and many times I would spend and replace to the extent that I was spending more than I wanted to spend. Spending bitcoin tended to be a reason to buy more bitcoin, so my replacement amount tended to be quite a bit more than my spending amount. That tended to be my way of dealing with those kinds of situations in which I was even able to spend bitcoin, which did not tend to be easy to find, anyhow.
Not sure if anyone remembers me posting this chart before but, here it is updated. Estimated for a new ATH on or around November 11th 2024. Kind of funny how close this lines up.
***Edit***
Looks like this was the last time I posted it
https://bitcointalksearch.org/topic/m.63504416Of course, just in case some of us might not remember that you happen to be a real and true soothsayer rather than merely a soothsayer wannabe, it is good to remind us so that we have the data to appreciate such reality.
do you realize the crooked DEA agent busted an underling of Ross. Then stole all the coins the underling was in charge of kept the coins. Then asked Ross if he wanted revenge on the underling. So all the heavy duty crimes were done by the DEA agent. not the naive moron Ross.
This is beyond entrapment. This is a frame up beyond belief no mombo jumbo.
Stole or confiscated?
Yes, it was clear entrapment and surely the main reason as to why the evidence was dismissed and Ross was not convicted of attempted murder. And yes, it was a blatant abuse of power by a man supposedly representing law and order and I really cannot believe that there was no backlash for the agent after the whole fiasco...
But even if they backed Ross into a corner, he should not have ordered a murder- or at least what he thought was going to be a murder. It was his decision to do so, and by doing so he showed us who he really is- not some guy simply "running a website" but a guy who has no qualms about killing people who interfere in his business.
Sometimes it really becomes difficult to know what happened when we might be trying to figure out evidence based on various press disclosures, and yeah, if you are actually correct about Ross being such a bad guy, then maybe he was deserving of a longer sentence based on those kind of factors.. yet even you likely realize that actual facts can sometimes be tricky in terms of how something might have really played out... so I am not going to claim that you are wrong since i have not studied the facts that closely.. and I am not even wanting to do that - yet I would imagine that if Trump is actually going to pardon Ross, then he has to have guys going through the files in fairly detailed ways to figure out if there might be some tricky facts that would justify not giving the pardon, as Trump already said he was going to do.
when 77k$78k?
when 80K $81k?
when $84K?
when $87K?
when $90K?
when $93K?
when $96K?
when $99K?
better yet when 100k $102k?
FTFY to fill in the gaps.. To flesh it out a wee bit moar better, and to make it look and feel a bit cuter with $3k gaps between each of the questionenings.
I also could not resist to tweak your starting beseeching point and your ending one, even though I suspect that if we do get at or above $100k, there may well be a $20k-ish greenie candle that might follow going above $100k, even though sure there could be some backs and forths above and below $100k, yet in the end I cannot imagine a lot of resistance within about 20% (or perhaps even a bit more) above $100k.. yet surely I have not exactly been very correct about my historical presumptions in which I proclaimed that we would fairly "easily" be getting through noman's land.. which has been around an 8.5-ish month process (so far).. and we are still not quite through it.
I am not going to proclaim to know the answer to any of the specific questions, even though we have been seeming to continue to have some ongoing decently good Uppity BTC price pressures, and it really can be difficult to know when the momentum is going to start to dry up.. and surely there might not be a lot of resistance before here and $100k, yet there may well be some resistance around $100k..
