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Thread: Bitcoins are officially donkdown

  1. #8361
    Owner Dan Druff's Avatar
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    Rebounding again (now 66k), but clearly there has been a 70k-ish barrier for a long time. Got to 73 briefly earlier in the year, but didn't stay there for long.

    Kind of a weird barrier, but that's what we keep seeing.

    I still don't see the practical utility for present-day cryptocurrency, for the average person. Especially bitcoin.

  2. #8362
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    Look around pal

    Practical utility doesn’t seem to matter much anymore does it?

    Time to wise up

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    Plutonium sonatine's Avatar
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    Quote Originally Posted by NickyPipes View Post

    Time to wise up

    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

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    Master of Props Daly's Avatar
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    Fair to say this 61/63K area is a big support. The old high and the more recent low all in one. This trades with a 5 handle and ill be out because it puts 30’s back in play.

  5. #8365
    Plutonium sonatine's Avatar
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by NickyPipes View Post

    Time to wise up



    https://twitter.com/LomahCrypto/status/1785576619949887562
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  6. #8366
    Master of Props Daly's Avatar
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    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.

  7. #8367
    Platinum garrett's Avatar
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    Quote Originally Posted by Daly View Post
    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.

  8. #8368
    Master of Props Daly's Avatar
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    Quote Originally Posted by garrett View Post
    Quote Originally Posted by Daly View Post
    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.
    You see something different?

  9. #8369
    Plutonium sonatine's Avatar
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    40-45k is a good level to long at but i can post kermits longer than the market can remain solvent.

     
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      Sheesfaced: Post Kermits longer than solvent
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  10. #8370
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    Quote Originally Posted by Daly View Post
    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.
    Good game Daly, seems you secured some nice profits

    I bought fidelity bitcoin etf min it launched, ride that 27% profit, sold like 2 weeks ago

    Agree will drop further

    Interested to buy again if it continues to drop

     
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      Daly: Ty sir / im sure we will all be back in this before long.

  11. #8371
    Master of Props Daly's Avatar
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    Quote Originally Posted by sonatine View Post
    i can post kermits longer than the market can remain solvent.
    Might be the overall forum quote of the year.

     
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      Sheesfaced: It’s a gem

  12. #8372
    Master of Props Daly's Avatar
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    Quote Originally Posted by sonatine View Post
    40-45k is a good level to long at but i can post kermits longer than the market can remain solvent.

    What is the name of redacted forum again? Understand we need to talk code and ill probably remember the min you remind me what the first letter is.

  13. #8373
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by sonatine View Post
    40-45k is a good level to long at but i can post kermits longer than the market can remain solvent.

    What is the name of redacted forum again? Understand we need to talk code and ill probably remember the min you remind me what the first letter is.

    www lol stock aments dot com
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #8374
    Plutonium sonatine's Avatar
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by Daly View Post


    What is the name of redacted forum again? Understand we need to talk code and ill probably remember the min you remind me what the first letter is.

    www lol stock aments dot com

    oh, i fucked up something with the DNS... fix in progress. youre not missing much tho unless you want to discuss the latest TV hits and misses.

    actually this is a good time for me to patch/upgrade i suppose...
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  15. #8375
    Platinum Krypt's Avatar
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    tine is god

     
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      sonatine: krypt is god

  16. #8376
    Plutonium simpdog's Avatar
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    Bitcoins are donkdown today, only +6%

     
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      garrett: .

  17. #8377
    Platinum garrett's Avatar
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    Quote Originally Posted by Daly View Post
    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.
    Name:  DalyPFA.jpg
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Size:  54.7 KB



    Almost time to buy back in, that was fast wasn't it....

  18. #8378
    Master of Props Daly's Avatar
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    Quote Originally Posted by garrett View Post
    Quote Originally Posted by Daly View Post
    And…… Im out. If this bounces back and can retake 68k i can buy back in but thats is less than 50% chance of happening, much less in fact. Too bad we didn't get to 6 figures but it was a great run from the teens to here.

    My guess is this meanders here for a minute but natural gravity will pull this back to the 30’s.
    Name:  DalyPFA.jpg
Views: 22
Size:  54.7 KB



    Almost time to buy back in, that was fast wasn't it....

    Dont misunderstand me, I Hope it goes to 200K. But a part time armchair technical chart investor can see BTC falling under 63K isnt a good indicator of whats to come in the medium term. If this doesnt reclaim 63K I think its a good setup to short.

  19. #8379
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by garrett View Post


    Almost time to buy back in, that was fast wasn't it....
    BTC is a proxy on speculation and we are having a good day on Wall Street

    If you want a fun exercise look at two charts - gold and BTC when Iran began bombing. One spike and one drill. Interesting and something to file away.

     
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      garrett: Bitcoin is a Limited Supplied Resource..

  20. #8380
    Platinum garrett's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by garrett View Post


    Almost time to buy back in, that was fast wasn't it....
    BTC is a proxy on speculation and we are having a good day on Wall Street

    If you want a fun exercise look at two charts - gold and BTC when Iran began bombing. One spike and one drill. Interesting and something to file away.
    among other things inflation being another 'proxy' so to speak as you say

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