Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15119.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Quote from: Torque on January 08, 2018, 11:04:32 AM

Funny story time:
...
The funny thing is though, I did back-of-the-napkin calculations based on the Bitcoin amount he reportedly started with vs. his altcoin portfolio he claims to have now. If he had just kept everything in Bitcoin, he'd already have enough to pay off his house loan TODAY. As it stands today if he liquidated everything in his crypto portfolio, he'd come up ~60% short, lol.

That's not how you play the game. You're supposed to buy low and sell high. Tongue

(Or in my case, take single digits and bring it to double digits, now halfway to triple digits.)

I have enough to buy a house, but ... I think I'll go with a 30 year mortgage. The last bitcoin I don't spend might be worth the entire house.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: ragnar0k on January 08, 2018, 04:47:57 PM

Quote from: jojo69 on January 08, 2018, 04:40:40 PM

Quote from: ragnar0k on January 08, 2018, 04:31:05 PM

What about that line on top, jojo? Sad

We are making higher highs and higher lows in the pennant. We are fine.

Are we in a period of correction and consolidation? Absolutely.

I fully expect to have to redraw that upper line higher, guessing next high 17500-18000ish but who knows.

Got it thanks! I can pretend it is forming a huge bullish pennant then

true...most of my crypto life is based on hoping and trending upwards (fairy dust/rainbows/unicorns/ponies/rainbows)

(hey, its a hobby....look at the BTC price 19 times a day!)

ragnar0k

full member

Activity: 154

Merit: 101

Quote from: jojo69 on January 08, 2018, 04:40:40 PM

Quote from: ragnar0k on January 08, 2018, 04:31:05 PM

What about that line on top, jojo? Sad

We are making higher highs and higher lows in the pennant. We are fine.

Are we in a period of correction and consolidation? Absolutely.

I fully expect to have to redraw that upper line higher, guessing next high 17500-18000ish but who knows.

Got it thanks! I can pretend it is forming a huge bullish pennant then

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: ragnar0k on January 08, 2018, 04:31:05 PM

What about that line on top, jojo? Sad

We are making higher highs and higher lows in the pennant. We are fine.

Are we in a period of correction and consolidation? Absolutely.

I fully expect to have to redraw that upper line higher, guessing next high 17500-18000ish but who knows.

ragnar0k

full member

Activity: 154

Merit: 101

Quote from: jojo69 on January 08, 2018, 03:07:03 PM

we're fine guys, healthy test

What about that line on top, jojo? Sad

keyboard warrior

sr. member

Activity: 266

Merit: 251

Quote from: erre on January 08, 2018, 04:03:56 PM

He stated he was not doing coin of the day anymore but coin of the week, after that he posted again a coin of the day and then stated he was hacked, the tweet is old news and I suppose everything is resolved now.

Seems like he is really dumping dogecoin on his followers, shame on him Angry

It's down 9.46% on its 24 hour high already.

It's a good thing he hasn't made bitcoin his coin of the week yet, touch wood.

Heater

sr. member

Activity: 406

Merit: 361

Quote from: jojo69 on January 08, 2018, 03:07:03 PM

we're fine guys, healthy test

Agree. On this view you can it it wicks down again to almost touch the 50MA on the daily with higher lows. Still bullish!

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: HairyMaclairy on January 08, 2018, 03:54:09 PM

McAfee is a celebrity. If his account was hacked, Twitter would fix it in 10 minutes.

That’s just McAfee doing his thing, denying responsibility for his own actions. More whale games.

Probably it was just his brain that got hacked by drug abuse and he doesn't even remember those tweets.

erre

legendary

Activity: 1694

Merit: 1207

He stated he was not doing coin of the day anymore but coin of the week, after that he posted again a coin of the day and then stated he was hacked, the tweet is old news and I suppose everything is resolved now.

Seems like he is really dumping dogecoin on his followers, shame on him Angry

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Just assume everyone is full of shit and shilling their book and you will do fine. Grin

RealMachasm

member

Activity: 187

Merit: 25

Quote from: HairyMaclairy on January 08, 2018, 03:54:09 PM

McAfee is a celebrity. If his account was hacked, Twitter would fix it in 10 minutes.

That’s just McAfee doing his thing, denying responsibility for his own actions.

Ok. Seems almost impossible to discern truth from untruth with so much information/misinformation.
Hard to work out what’s what these days.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

McAfee is a celebrity. If his account was hacked, Twitter would fix it in 10 minutes.

That’s just McAfee doing his thing, denying responsibility for his own actions. More whale games.

RealMachasm

member

Activity: 187

Merit: 25

Quote from: erre on January 08, 2018, 03:35:09 PM

Quote from: HairyMaclairy on January 08, 2018, 03:22:55 PM

Quote from: erre on January 08, 2018, 03:14:29 PM

McAfee coin of the week:

... dogecoin

https://twitter.com/officialmcafee/status/950366445401231360 (John McAfee on Twitter)

I think that at this point he is making it for the lulz

Look at the 1 month chart for Dogecoin. As usual, McAfee tweets when he is ready to dump.

Shit...I just noticed the pattern was followed even for this one!

Dumping dogecoins on newbies is a pretty scumbaggy act, John deserves to eat his own dick

I think someone posted on here that his account had been hacked some time ago. Can’t seem to find the link atm.

Edit: found this https://mobile.twitter.com/officialmcafee/status/946154726307127298?lang=en

erre

legendary

Activity: 1694

Merit: 1207

Quote from: HairyMaclairy on January 08, 2018, 03:22:55 PM

Quote from: erre on January 08, 2018, 03:14:29 PM

McAfee coin of the week:

... dogecoin

https://twitter.com/officialmcafee/status/950366445401231360 (John McAfee on Twitter)

I think that at this point he is making it for the lulz

Look at the 1 month chart for Dogecoin. As usual, McAfee tweets when he is ready to dump.

Shit...I just noticed the pattern was followed even for this one!

Dumping dogecoins on newbies is a pretty scumbaggy act, John deserves to eat his own dick

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: erre on January 08, 2018, 03:14:29 PM

McAfee coin of the week:

... dogecoin

https://twitter.com/officialmcafee/status/950366445401231360 (John McAfee on Twitter)

I think that at this point he is making it for the lulz

Look at the 1 month chart for Dogecoin. As usual, McAfee tweets when he is ready to dump.

erre

legendary

Activity: 1694

Merit: 1207

McAfee coin of the week:

... dogecoin

https://twitter.com/officialmcafee/status/950366445401231360 (John McAfee on Twitter)

I think that at this point he is making it for the lulz

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

we're fine guys, healthy test

keyboard warrior

sr. member

Activity: 266

Merit: 251

Quote from: windjc on January 08, 2018, 02:55:24 PM

Quote from: keyboard warrior on January 08, 2018, 02:48:56 PM

It's back up above $15000 again. Can someone tell it to stop teasing us and stay above it for ever?

Its called CONSOLIDATION.

January is historically one of the most BEARISH months. So far, January 2018 has bucked the annual trend. But we have 1-2 more weeks of potential bearishness - even a potential move back to 10k. But after that, we will be back to our uptrend. Generally people have lost their collective minds and all rational discourse about simple things like consolidation have been completely thrown out the window.

So it's going to keep teasing us for the rest of January?

Unfortunately your logic sounds correct. I suppose everyone is selling bitcoins to pay off the debts they ran up over Christmas. After their monthly pay day at the end of January they might be back on their feet again.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: keyboard warrior on January 08, 2018, 02:48:56 PM

It's back up above $15000 again. Can someone tell it to stop teasing us and stay above it for ever?

Its called CONSOLIDATION.

January is historically one of the most BEARISH months. So far, January 2018 has bucked the annual trend. But we have 1-2 more weeks of potential bearishness - even a potential move back to 10k. But after that, we will be back to our uptrend. Generally people have lost their collective minds and all rational discourse about simple things like consolidation have been completely thrown out the window.

keyboard warrior

sr. member

Activity: 266

Merit: 251

It's back up above $15000 again. Can someone tell it to stop teasing us and stay above it for ever?

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