Is anyone else starting to become a bit excited?

el diablo · 16-07-2019 05:53AM

Addison Fancy Macrame wrote: »

Nouriel is a mentler. Pretty sure he also buys his Twitter followers

He's suffering from advanced stage BDS (Bitcoin Derangement Syndrome) apparently.

vargoo · 16-07-2019 05:22PM

If you want a whole coin you'll probably pick one up cheap in a few hours...

Arrival · 16-07-2019 05:26PM

vargoo wrote: »

If you want a whole coin you'll probably pick one up cheap in a few hours...

What price would be cheap to you, realistically within the next few hours like you say

Bob24 · 16-07-2019 06:02PM

BTC is $9,966 as I write this, after a sharp 5% drop. The next few hours/days might be decisive about where it is heading next.

vargoo · 16-07-2019 06:20PM

Arrival wrote: »

What price would be cheap to you, realistically within the next few hours like you say

Ain't no reason for it to stop falling, i threw in a grand yesterday at €9000, took it out today at €9500 as could see this coming for a change.

Its down a grand in 24 hours, no reason to stop. If it gets under 8g it'll go under 7.

Freefall. It like the whales selling loads in 1 go but now its the little fish panic.

And as I keep saying, it might never come back.

Half tempted to get rid of all of it I bought over current price aswell.

makeorbrake · 16-07-2019 06:22PM

vargoo wrote: »

Ain't no reason for it to stop falling, i threw in a grand yesterday at €9000, took it out today at €9500 as could see this coming for a change.

Its down a grand in 24 hours, no reason to stop. If it gets under 8g it'll go under 7.

Freefall.

And as I keep saying, it might never come back.

Half tempted to get rid of all of it I bought over current price aswell.

I'm not going to agree or disagree. I was speculating on a pullback but lets see. Just out of curiosity though, when did you first stick money in?

q85dw7osi4lebg · 16-07-2019 07:09PM

Bought the dip and also opened a 25 x long at 9500. Let's see how this goes..

JohnnyFlash · 16-07-2019 07:31PM

Addison Fancy Macrame wrote: »

Bought the dip and also opened a 25 x long at 9500. Let's see how this goes..

On Bitmex?

Arrival · 16-07-2019 07:42PM

vargoo wrote: »

Arrival wrote: »

What price would be cheap to you, realistically within the next few hours like you say

Ain't no reason for it to stop falling, i threw in a grand yesterday at €9000, took it out today at €9500 as could see this coming for a change.

Its down a grand in 24 hours, no reason to stop. If it gets under 8g it'll go under 7.

Freefall. It like the whales selling loads in 1 go but now its the little fish panic.

And as I keep saying, it might never come back.

Half tempted to get rid of all of it I bought over current price aswell.

Sorry but I find it hard to take anyone seriously who still says this kind of stuff. The next halvening is in a years time which is the main event we're all waiting for. Everything right now is minor, still lots of people just trying to accumulate as much as possible before the mass erratic FOMO kicks in. The reality is Bitcoin is extremely volatile and a dip like this one is basically nothing to anyone who's been following for a while. We'll probably end up seeing €10k dips and spikes in the future when it all picks up in popularity.

Anyway, what are you basing these price expectations on? The only real thing you can go off of is the support/resistance levels. Here's hoping it continues this current dip for anyone still waiting to buy more.

makeorbrake · 16-07-2019 07:48PM

Arrival wrote: »

Sorry but I find it hard to take anyone seriously who still says this kind of stuff. The next halvening is in a years time which is the main event we're all waiting for. Everything right now is minor, still lots of people just trying to accumulate as much as possible before the mass erratic FOMO kicks in. The reality is Bitcoin is extremely volatile and a dip like this one is basically nothing to anyone who's been following for a while. We'll probably end up seeing €10k dips and spikes in the future when it all picks up in popularity.

Anyway, what are you basing these price expectations on? The only real thing you can go off of is the support/resistance levels. Here's hoping it continues this current dip for anyone still waiting to buy more.

Stay open to all possibilities. Whilst I'm still bullish on crypto (and right now on BTC), there's a loooong road ahead. A shed load of stakeholders and environmental factors in the mix - anything is possible.

Grumpypants · 16-07-2019 07:59PM

Charts all pointed to a drop to $9k but it also shows it will be short lived. Top up if you can.

makeorbrake · 16-07-2019 08:26PM

Grumpypants wrote: »

Charts all pointed to a drop to $9k but it also shows it will be short lived. Top up if you can.

100 EMA is 1k less than where we're at right now.

el diablo · 17-07-2019 12:19AM

Arrival wrote: »

Sorry but I find it hard to take anyone seriously who still says this kind of stuff. The next halvening is in a years time which is the main event we're all waiting for. Everything right now is minor, still lots of people just trying to accumulate as much as possible before the mass erratic FOMO kicks in. The reality is Bitcoin is extremely volatile and a dip like this one is basically nothing to anyone who's been following for a while. We'll probably end up seeing €10k dips and spikes in the future when it all picks up in popularity.

Anyway, what are you basing these price expectations on? The only real thing you can go off of is the support/resistance levels. Here's hoping it continues this current dip for anyone still waiting to buy more.

It's quite possible that the halvening is already baked in as the vast majority of people know it's coming next year. Look at what's happening with Litecoin. Looks to have totally run out of steam just a few weeks before the halvening. I think BTC can drop below $8,000 for a while.

q85dw7osi4lebg · 17-07-2019 08:26AM

Addison Fancy Macrame wrote: »

Bought the dip and also opened a 25 x long at 9500. Let's see how this goes..

Liquidated overnight by the skin of my teeth. Hard to beat stacking actual sats.

JJJJNR · 17-07-2019 09:17AM

Went all in on stronghold (shx) last week. Still making gains.

grindle · 17-07-2019 09:53AM

JJJJNR wrote: »

Went all in on stronghold (shx) last week.

https://www.youtube.com/watch?v=61Q6wWu5ziY

A shítcoin with $43k volume?
Christ. How come there's only a little over 1% of the total supply circulating? Is the token being issued over the course of a few years somehow?

JJJJNR · 17-07-2019 10:04AM

I know mental. however, I went in before the pump.

grindle · 17-07-2019 10:14AM

I hope it works out for you. Such a low cap and volume though, scares me. For good reason, I have dead shítcoins sitting at a much lower cap with $0 volume now.
Crypto equivalent of noosing-up, kicking the chair out from under your legs, but hoping you sprout wings.

JJJJNR · 17-07-2019 10:15AM

Seem to be decent from my research.

https://www.nasdaq.com/article/stronghold-and-ibm-collaborate-to-launch-fdic-insured-stablecoin-on-stellar-cm992462

grindle · 17-07-2019 10:25AM

Yeah, I see their Twitter mentioning that they're building out tools to integrate with Libra too.
Interesting.

JJJJNR · 17-07-2019 10:29AM

Definitely could be a nice earner, huge risk huge reward is my motto.

Bob24 · 17-07-2019 10:30AM

Appropriate for the “excited” thread, there is now a regulated derivative to bet that BTC will hit $100000 by the end of 2020: https://bitcoinist.com/new-call-options-allow-anybody-to-bet-on-100000-bitcoin/

Any takers? :-) (not me, I find this kind of financial product madness - the exact same thing could be offered as a betting option by Paddy Power between a horse race and a bet on the next US election)

stockshares · 17-07-2019 10:58AM

Addison Fancy Macrame wrote: »

Liquidated overnight by the skin of my teeth. Hard to beat stacking actual sats.

Can you explain "opening a 25 X long at 9500".

I dont understand Longs X at all

stockshares · 17-07-2019 11:04AM

grindle wrote: »

https://www.youtube.com/watch?v=61Q6wWu5ziY

A shítcoin with $43k volume?
Christ. How come there's only a little over 1% of the total supply circulating? Is the token being issued over the course of a few years somehow?

IBM gives it respectability but you'd have to wonder why its volume is so low and why Stellar is performing so poorly given its association with IBM.

Its account is held with Prime Trust In Nevada(the one state where anything goes).

q85dw7osi4lebg · 17-07-2019 11:27AM

stockshares wrote: »

Can you explain "opening a 25 X long at 9500".

I dont understand Longs X at all

I hold actual BTC then I guess you could say gamble a small bit with leverage also.

I use bybit for it. Say you have $10 on it you can get up to 100 x leverage so equivilant of holding $1000 of BTC for gains / losses. I use 25 x leverage max really as you can get liquidated very quickly if you use more.

JJJJNR · 17-07-2019 01:54PM

stockshares wrote: »

IBM gives it respectability but you'd have to wonder why its volume is so low and why Stellar is performing so poorly given its association with IBM.

Its account is held with Prime Trust In Nevada(the one state where anything goes).

Stellar is actually performing great, the main focus is not the coin price but usage of the network. Fairly confident despite some bearish engulfing candlestick patterns from bitcoin that this is a good move, as I've already hedged 50% from my own capital so even if it drops 50% I'm still in a good place in case theres a bullish reversal in bitcoin...

Nevada seems like an fun place.

vargoo · 17-07-2019 02:12PM

Grumpypants wrote: »

Charts all pointed to a drop to $9k but it also shows it will be short lived. Top up if you can.

https://www.newsbtc.com/2019/07/17/bitcoin-correction-to-9500-could-be-followed-by-20-drop-analyst/

Lots of graphs there

(Rubbish the lot of it)

q85dw7osi4lebg · 17-07-2019 02:46PM

Only chart I care about is the stock to flow.

stockshares · 17-07-2019 10:53PM

JJJJNR wrote: »

Stellar is actually performing great, the main focus is not the coin price but usage of the network. Fairly confident despite some bearish engulfing candlestick patterns from bitcoin that this is a good move, as I've already hedged 50% from my own capital so even if it drops 50% I'm still in a good place in case theres a bullish reversal in bitcoin...

Nevada seems like an fun place.

I've been looking at Stronghold. Is it only available on Stellars Dex?

q85dw7osi4lebg · 17-07-2019 11:22PM

Fairly bullish alright

https://youtu.be/xolYGw2wU6Y

Is anyone else starting to become a bit excited?

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