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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 06-13-2022, 09:05 PM   #3766
TwistedChief TwistedChief is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
And in 6 months when this is 90K everybody will be wishing they bought at 20K.

Same story over and over.
Somehow it is until it isn't and the trick is realizing when the paradigm has changed.

Spoiler: it's changed.

NB: it doesn't mean BTC can't go up, but it does mean the strategy of blindly buying dips no matter what and where is much lower risk/reward (or "Sharpe" in market parlance).
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Old 06-13-2022, 09:22 PM   #3767
BossChief BossChief is offline
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The last major crash went from 20k down to like 4k. Rough numbers, not exact.

That shows it lost roughly 80% of its value.

If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

I’m watching from the sidelines and will likely buy a full bitcoin at 5k if it gets there as well as 10 ethereum at the price at that point, again…if it gets there.
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Old 06-13-2022, 09:38 PM   #3768
Halfcan Halfcan is offline
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Quote:
Originally Posted by BossChief View Post
The last major crash went from 20k down to like 4k. Rough numbers, not exact.

That shows it lost roughly 80% of its value.

If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

I’m watching from the sidelines and will likely buy a full bitcoin at 5k if it gets there as well as 10 ethereum at the price at that point, again…if it gets there.
I have 11 million Dogecoin I will see ya- cheap!!
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Old 06-13-2022, 09:39 PM   #3769
Iconic Iconic is offline
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no matter how speculative you find btc there is one thing you can always guarantee with it - an insanely high roi after the halving... so roughly 2024.

if you have the stomach for it, it is definitely worth a very slow and methodical dca for a healthy return in the future.
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Old 06-17-2022, 09:30 PM   #3770
Pitt Gorilla Pitt Gorilla is offline
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Hope folks are doing well.
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Old 06-18-2022, 03:06 AM   #3771
Taco John Taco John is offline
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Old 06-18-2022, 03:14 AM   #3772
Taco John Taco John is offline
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Quote:
Originally Posted by BossChief View Post
If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

There aren't. This thing isn't going to pop again until retail completely capitulates, and institutions DCA their way in to the bottom - whatever that may be. $1K - $3.5k is my best guess. They're going to knock the legs out from underneath it by going after the stable coins and exchanges. Exchanges will be scared off from selling ICO coin "securities."

None of this is accidental.
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Old 06-18-2022, 06:38 AM   #3773
BWillie BWillie is offline
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Hell yeah


See who has the paper hands now

Not me

Get low get low
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Old 06-18-2022, 07:40 AM   #3774
bdj23 bdj23 is offline
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About to go below 19k

I'm buying some every time it drops 1k
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Old 06-18-2022, 08:01 AM   #3775
lewdog lewdog is offline
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How heavy is that bag?!?!?!
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Old 06-18-2022, 04:09 PM   #3776
bdj23 bdj23 is offline
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Am I seeing things (I've been drinking) or did it almost drop below 17k for a second?
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Old 06-18-2022, 04:21 PM   #3777
BWillie BWillie is offline
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Quote:
Originally Posted by lewdog View Post
How heavy is that bag?!?!?!
I hold it all
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Old 06-18-2022, 04:51 PM   #3778
SAGA45 SAGA45 is offline
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Loading up on some of the higher capped alts everytime BTC tumbles. These prices are simply too good to pass up.
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Old 06-18-2022, 05:43 PM   #3779
BWillie BWillie is offline
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Originally Posted by SAGA45 View Post
Loading up on some of the higher capped alts everytime BTC tumbles. These prices are simply too good to pass up.
I cant imagine touching alts at this time.
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Old 06-18-2022, 09:08 PM   #3780
bdj23 bdj23 is offline
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Cashed out $121 of free rakeback bitcoin
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