I'm smart enough to know and accept I don't know everything :)

Thing is, everyone knows the risk of investing in shitcoins and ico's. They are all interest still in the hopes that shit shitcoin will be the next bitcoin. Nothing can replicate the awesomeness of bitcoin

Beware all crypto besides bitcoin or the established handfuls (imo)

Thommy = exactly opposite of that lol

Nice swing range. If this can be maintained, traders stand to make lots of fairly easy money.

Bingo. With a handful of exceptions all other crypto is bullshit.

That's how I did it, riding the swing. But I've also lost money that way (not as much as I've gained so I am stopping while ahead lol).

I'd like some basic strategies for Alerts and such tho. Any good reading (besides our resident crypto experts)?

I read the craziest stuff today.... There's actually a prediction that BTC will crash because it's too slow and its authentication technology is obsolete. Obsolete? 10 years old maybe but not obsolete.

There IS such a thing as first mover advantage

People will FUD you to death if you let them. Bitcoin is changing the world so talking about it in relation to being obsolete is someone trying to implant worry (FUD)into you.

Can you share the sourse of this ?

Listen to Andreas Antonopoulos vids and ask him your question/worries via his Q&A, will put your mind at ease

That is sound logic, but BTC is really 8 years old or so. That isn't a real test. It is a proven concept, for sure, but now it needs the problems removed.

BTC is a hobby currency with a $113,523,676,552 market cap, less than half the cap of one of the average Dow components.

A real digital currency would have a cap of $15 Trillion at least and that would require acceptance of governments.

BTC is not the killer app. That is coming soon.

Bitcoin is a decentralized non inflated piece of awesomeness that ppl mostly dont know or feel they want or need.... yet. When ppl open their eyes and realize how badly banks and govs have fucked them them...they will embrace BTC .

$15 trill will take time to accomplish. But def possible imo

Here's one of them https://www.forbes.com/sites/forbest.../#78d0a80a68dc There were a few

Just sold :-(

Thanks for posting man... ya.. his argument in that is almost all invalid with Lighting network. If anyone complains about fees means they dont know anything, or believe what anyone tells them, or doesnt use bitcoin. It is literally 1-5 sats yet many anti BTC idiots still say "oh the fees the fees" lol

No balls, no belief or just in need of money?

BTC definitely has FIRST MOVER advantage. Hard to dislodge that.

Cha-ching!!

God´s gift is only for those who BELIEVE

Its great to see the get-rich-quick ppls exiting from crypto :thumbsup

How widely distributed is Lightning? Will it ever be incorporated into the core code of BTC or will it always be an additional layer?

Read this article carefully:
https://www.techspot.com/news/75087-...ipulation.html

This is how the price was manipulated.
There's no real demand.
Bitcoin is pretty much useless.
The price will continue to slowly decline.

Until it EXPLODES 100x.

:)

Number 1 faucet of 2018 ... https://cointiply.com/r/ZZnOG

True. The same baseline realities can work the other way.

in the last 2 months most crypto action has been due to artificial pumps and dumps creating action...when bitcoin is left alone it just ranges to the side with no significant action or interest whatsoever...

the cart below is typical and changes like this happen once per week just to keep the action artificially going...5min candles:
https://www.tradingview.com/x/r4dRqtcf/

the little hype you can see at the moment is a result of the decrease of china´s yuan.

it is a short term effect because all of them will invest in dollars and euros with the next interest increase.

as bitcoins does not have an own value but is always compared to currencies it seems for some people to be a "secure harbor" - but is isn´t as long as you can not say that a bottle of milk will cost X bitcoins. instead of that the bottle of milk will have a price in dollar or euro or whatever.

no normal investor will putt his money into stocks at the moment. what the dow still keeps alive are the billions what went back from offshore and companies do buy their own shares with it.

so in a healthy economy the dow should go above the clouds - what is not the case even with all this billions.
I am pretty sure that the DOW will be within the next 3 months around 20.000 and falling and this is the reason why people trying alternatives until the basic interest is high enough to make money without risk. then all this money will go back in traditional interest papers but not in shares and not in bitcoins.

world economy crisis is on its way and comes in 5...4...3...

What about the fact that there is only a FIXED amount of Bitcoin that can be mined?
You can't just 'print' out BTC like fiat currency

Praise Jesus

I agree my man. We're also soon about to hit the 6th. We're already in that range. The predictions are piling up, the money is flowing. I just hope people listen to us.

If i can be so bold to expand a bit on your analysis and add my few cents, maybe the nabs will see.

Here's my alarm graph with a curve that naturally displays organic STD and BST set on alarms based on TUSD and FETH movements that correlate with curves.

http://i64.tinypic.com/1zxmfx4.png

I think it's fairly simple and easy to understand, even to layman how you can set these alarms and be in huge cash. However, i understand, all these abbreviations and graph analysis can be tough on someone that never did any of this, so, there's a far simpler graph we can all follow and i think its easy to understand. It's a basic concept of rise and fall.

Here's the graph.

http://i65.tinypic.com/a430xw.png

I think it's selfexplanatory. I hope you won't take this the wrong way like the last time, i just wanted to explore your graphs a little more since im sure not many people can read them as well as me and you.

my 2c. Im cashing out big on the 6th, alarm is already set.:thumbsup

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh

The low fees, the instant transactions, and the lack of a middle man are some of the good things about BTC.

yes a fixed ammount of bitcoin, litecoin, etherum, fuckcoin and a few 10 thousand others.
the only value such a coin would have got lost when it was mined. it is the energy what was used to mine it.

what is so hard to understand what money is ?

Because no one understands it but the Swiss bankers. :)

but everyone should know that. it is all about money and missunderstanding money.
every kid should learn it in school and the world would be a much better place.

7000 USD in striking range! WOOT WOOT

No I like the ignorance...it makes ME money, honey. :)

:thumbsup

Continue digging your head in the sand and be dumb... or lie about shorting bitcoin making billiions.....

Only thing ur hurting is urself man.

nah let him carry on, brings me laughs every time I read his 'knowledge' of bitcoin

according to thommy logic, traffic source 'A' is complete shit, because a bunch of other people jumped on the bandwagon and there are thousands of shitty traffic sources. Therefore, traffic source 'A' is actually worthless, and has NO benefits.

paysites 'A', 'B', 'C' and 'D' are all complete shit, because there are thousands of shitty cookie cutter paysites. There is NO USE for a paysite that has great content, lots of it, lots of updates, easy UX, fast download/streaming, multiple formats/bitrates because..... thousands of bandwaggoners have shit sites.

bitcoin is useless because... it isn't 'money', and thommy thinks bitcoin is meant to be a complete replacement for fiat, because *some* people think it is. thommy is to bitcoin what markham is to economics, but thommy is way too arrogant to realise this, so continues spewing markham-esque posts on a subject he plainly has very little understanding of, probably because buffet et-al, who also don't understand bitcoin but are ofc very knowledgeable fiat guys, say so.


ps bitcoin is dead! again!

No! Bitcoin is a Zombie!!

:thumbsup

i don´t fucking care where you will lose your money - it is up to you.

all what is clear here is that is is a big bubble - and YES you can make some money because there are too many idiots out there who don´t understand what money is.

so sooner or later that will end in a few big winners and millions of losers.
I can not tell you WHEN this will be but i can tell you THAT it will happen because if there would not be losers there can not be winners. that is the logic in ALL trades.

i did also not say that the blockchain technology is bullshit.
it WILL come - unfortunately - but it will NOT give you the freedom you are hoping from it. the opposite will be the case because you will not be able than to make any transaction without big brother will watching you.

ask yourself what you are going to buy with one bitcoin when it is on 0,01 cent and ask yourself what i can still do with the condos, houses and land i bought.

when this day is here let´s compare dick size again, ok ?

I am in full support of crypto, but is there a chance of crypto failing? sure there is. I am man enough to admit i don't know everything in this world, and in the future. You Thommy, can you admit that yes there is chance that crypto (specifically Bitcoin) can succeed? Or is your ego too high and mighty?

Looking quite sustainable. It would not be surprising if there's a nice pop up soon.

i don´t know if you ever had a few lessons about economy or have a clue about money - so i will explain it for you like i would do it for a child.

money is always representing ALL available goods you can buy.
if you print more money than goods it means that the money will lose it´s value.
got that so far?

as bitcoin is not a currency because no good in the world is priced with bitcoin, it is representing all money in the world instead of goods.

so far so good - now you can say that bitcoin is limited - but there is no limit on the number of different cyber currencies.
that means, that all of them together are representing ALL money in the world.
and as MORE you have as less value they will have.

there are actually a few thousand "limited cyber currencies" out there and another 50.000 will come.

it is the same as when you print dollar and think you can go over this rule and print additionally TROLLAR.
all DOLLARS AND TROLLARS together will not represent more as the number of goods you can buy.

if your plan would work then why people can not print their own dollars at home?
or adding more and more new currencies????

maybe bitcoin will survive. but not on such a level.
i am pretty sure that in 2-3 years we talk about 1 bitcoin 1 dollar and in 20 years nobody will even remember what it was because til than 1 million different LIMITED cyber currencies will represent ALL THE MONEY in the world.

is this SO HARD to understand ????

if yes i would recommend you to play a bit monopoly with your friends and let each one print additional money.
and then tell me if you can buy with all that more than all places on the monopoly board at the end.

WHERE is your logic ???

actually it popped down because the yuan popped up again :-) but that´s possibly too high for you.

and i can tell you already when the next big bitcoin crash will be.
that will happen when the next US interest step is done.

I laugh in the face of 7000 USD.

Fascinating claim. Solid research?

the good thing is that sometimes you do not even need a research because they are so fucking logic.

actually the bitcoin hype is nothing else than your funny atrology link.
a self-fulfilling prophecy that can only be made with people who have no idea of economics and do not even understand the most basic contexts.

all you need is a few billions of black money and a few bona fide people who share the message. and the game goes on until the black billions are white and the white billions have disappeared into thin air.

Where's ma man crucio so we teach everyone?

You guys set your alarms already?

we need 7k then 8k so we can recover some money

I am on bitmex at the moment looking to do some margin...will short BTC soon but not sure when...

how is your weak trader game going? :1orglaugh:1orglaugh:1orglaugh

There's ma man. It's going alrite alrite, i can't complain. The alarms were set in right places and money is pouring in.

you've said enough man.. stubborn... and know it all. Lame man... really i hope you are a better person in real life and not this POS know it all fuck that you appear to be on gfy