Both of my family members who could actually afford to invest have asked me if now is a good time to buy bitcoins. I guess they've sat on the sidelines for long enough that they can finally see a buying opportunity.
I usually don't give advice, just tell them what I'm doing. I'm taking my last euros and buying at $3300.
I told them they may need to wait until May or June before things start to move upward.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12363. (Read 26709347 times)
December 04, 2018, 08:58:23 PM
December 04, 2018, 08:57:52 PM
2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.
https://i.imgur.com/jjCAICa.jpg
December 04, 2018, 08:57:19 PM
2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.
I dont see support at 2900. But certainly above 1000. At 3 digits, BTC is failing as a project. Possible but unlikely.
I would estimate that $1500 needs to hold, and I expect it to do so, some time in late 2019.
I think we'll be back over $1200 by the 2024 halving. #hopeful
December 04, 2018, 08:41:36 PM
Well, should probably go without saying, I rescind my offer of throwing a $100k party, if/when the milestone is achieved. If I've fucked up an intended good-faith beer offering in this thread so badly due to bad planning/foresight on my part or whatever, I have no business pondering more grandiose "events". Not to mention the considerable scorn I have accrued, bearing down upon me, is beginning to weigh heavily on me.
All my calls have turned out to be contrarian, looking back through the lens of retrospection.
I offer nothing of value to this thread.
I should just delete this account and get on with life in meatspace...
All my calls have turned out to be contrarian, looking back through the lens of retrospection.
I offer nothing of value to this thread.
I should just delete this account and get on with life in meatspace...
You are not serious ?
Come on, hang in here. It's tough, but your contribution is valued by many posters..
FWIW, over 5 years, I have seen a lot of posters reach this stage. Many recovered their mojo.
December 04, 2018, 08:38:44 PM
Ah, a topic close to my heart! Costco has Lagavulin 16 on sale, or at least they did last week... Bottle's still half full! Hard to be pesimistic with a well aged, Islay single malt so close at hand.
If'n you've never tried an Islay single malt you may want to start with a Laphroaig 10yo with a splash of distilled water.
That's what got me really hooked on whisky though. I was curious to see if there was really something to all the flamboyant and over the top tasting notes that you see everywhere and bought 10 bottles of different scotches to figure out if the deal is real. It is. Who would've guessed that you have to actually buckle down to "learn" tasting.
Similar story here, I was 90% through the first bottle of scotch I ever bought, Laphroag 10, before I truly started to see what it was trying to tell me through gustatory bliss.
I don't drink much either, and I'll plead the 5th on the rest (old habits die hard.) But when I do drink, I like me some old, stinky, Islay whiskey. Or bourbon, the old stand-by is Maker's Mark. That shit is pretty good.
December 04, 2018, 08:36:39 PM
Fine. No, that's great. At least we know now. Not a crypto-winter but a crypto ice age.
Couldn't be better really. Yay.
Couldn't be better really. Yay.
December 04, 2018, 08:35:09 PM
Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
There's a lot of negative predictions and news stories about Bitcoin around. IMO it's bullish and indicates we are close to the bottom.
There are also a lot of positive sentiments as well, so the bottom could be temporary.
This bear market needs a lot more time to play out (rather than price pronouncements)
December 04, 2018, 08:34:09 PM
Well, should probably go without saying, I rescind my offer of throwing a $100k party, if/when the milestone is achieved. If I've fucked up an intended good-faith beer offering in this thread so badly due to bad planning/foresight on my part or whatever, I have no business pondering more grandiose "events". Not to mention the considerable scorn I have accrued, bearing down upon me, is beginning to weigh heavily on me.
All my calls have turned out to be contrarian, looking back through the lens of retrospection.
I offer nothing of value to this thread.
I should just delete this account and get on with life in meatspace...
All my calls have turned out to be contrarian, looking back through the lens of retrospection.
I offer nothing of value to this thread.
I should just delete this account and get on with life in meatspace...
I am looking for the unmerited button! Do not go. You are one of the sensible ones!
December 04, 2018, 08:33:12 PM
December 04, 2018, 08:32:24 PM
2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.
I dont see support at 2900. But certainly above 1000. At 3 digits, BTC is failing as a project. Possible but unlikely.
I would estimate that $1500 needs to hold, and I expect it to do so, some time in late 2019.
December 04, 2018, 08:31:27 PM
Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
There's a lot of negative predictions and news stories about Bitcoin around. IMO it's bullish and indicates we are close to the bottom.
December 04, 2018, 08:30:56 PM
December 04, 2018, 08:27:00 PM
I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that... 
I am more curious if that buggy guy is going to ask for a beverage. Afraid to mention it by name. #Betelgeuse.
December 04, 2018, 08:22:32 PM
Mark Yusko, CEO of Morgan Creek Capital Management, LLC bullish on BTC:
"If you buy in today, I don’t think you would have to wait a long time to make a nice return…Over a decade, I think you can make 20-times plus your money."
https://twitter.com/CNBCFastMoney/status/1067544893533368320/video/1
"If you buy in today, I don’t think you would have to wait a long time to make a nice return…Over a decade, I think you can make 20-times plus your money."
https://twitter.com/CNBCFastMoney/status/1067544893533368320/video/1
December 04, 2018, 08:20:35 PM
2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.
December 04, 2018, 08:19:07 PM
Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
However, this shows where institutional investors (aka hedgies) are on this.
https://twitter.com/DoveyWan/status/1068573163670261760
In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.
TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
December 04, 2018, 08:14:38 PM
I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that...
Are you talking to me?
You come off as such a publicity pussy who largely wants to engage in exaggeration drama?
and try to blame me for your phoney baloney.
In other words, my name is blawb, and "I need some attention."
December 04, 2018, 07:56:20 PM
No, I wasn't interested in the blowjob either. Maybe a coffee. I don't like large gatherings - they make me uncomfortable - but I'm otherwise quite sociable and friendly.
Crowd mentality is sincerely one of the scariest things I've ever experienced. Makes you feel like the young Samba in a stampede of wildebeest.
December 04, 2018, 07:35:40 PM
logistics should be within your baliwick, not mine...
Logistics initiated.
93.337519% of the time you make no sense.
2.865001% of the time you make decent sense
and whatever remains, nearly 4% of the time, you make a little sense.
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