Bitcoins - digital currency - Page 1836 - Business, Finances and Investing Forum

If you asked 20 or 50 I'd definitely take 20 side. I don't even think it'll take all that long to touch 20.

I'll say 15 first but don't feel as confident. 15 would mean things like ADA under 50 cents and DOGE under 5-8 cents, which is a world I can make sense of.

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06-22-2021 , 09:55 AM

#45877

tgiggity

Pooh-Bah

Join Date: Oct 2016 Posts: 5,782

Quote:

Originally Posted by jonnyman34

What do we see first: 15k or 50k btc?

Would bet a lot of money on 15k first. Better question is 10k or 40k first.

Quote

06-22-2021 , 09:58 AM

#45878

A_C_Slater

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 8,343

WTF is happening? Why doesn't the SEC do womething?

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06-22-2021 , 10:07 AM

#45879

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 49,718

Quote:

Originally Posted by A_C_Slater

WTF is happening? Why doesn't the SEC do womething?

lol what do you want them to do? crypto not even on the SEC's 2021 agenda

https://news.bitcoin.com/sec-leaves-...y-agenda-2021/

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06-22-2021 , 10:10 AM

#45880

TomCollins

Carpal \'Tunnel

Join Date: Jul 2003 Posts: 43,058

Quote:

Originally Posted by revots33

Microsrategy owns 105k bitcoins at avg price of 26k. Just bought 13,000 more at $37,617. Saylor is the ultimate huckster, wonder if he's sweating as his holdings approach going negative.

Why would he care? Seems like that just lets him buy even more with debt.

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06-22-2021 , 10:23 AM

#45881

CoolTimer

adept

Join Date: Feb 2013 Posts: 1,029

Luckily the SEC is not here to intervene. Enjoy the cleansing.

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06-22-2021 , 12:10 PM

#45882

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,464

some serious boinkage...

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06-22-2021 , 12:17 PM

#45883

karamazonk

Pooh-Bah

Join Date: Apr 2009 Posts: 4,626

My stop hit this morning then I got back in my full position for decently lower prices when I became convinced the rebound would stick (at least for awhile). Putting stops back on that will ensure a small loss at worst.

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06-22-2021 , 12:29 PM

#45884

johnnyBuz

Carpal \'Tunnel

Join Date: Sep 2013 Posts: 7,563

Why are you trying to day trade GBTC in a retirement account? Literally stacking the deck against yourself while trying to catch a falling knife with minimal margin for error.

Quote

06-22-2021 , 12:33 PM

#45885

karamazonk

Pooh-Bah

Join Date: Apr 2009 Posts: 4,626

Quote:

Originally Posted by johnnyBuz

Why are you trying to day trade GBTC in a retirement account? Literally stacking the deck against yourself while trying to catch a falling knife with minimal margin for error.

You misread my posts. I haven't been trying to day trade GBTC at all. If it wasn't clear, I've been in actual BTC and ETH as an intended longterm swing with defined risk because I like the risk/reward (ie I am trying to play it as if today's low is the bottom, and I will exit most of my position if that looks to not be the case), and in addition I was thinking about getting some retirement account exposure via GBTC but have not yet touched GBTC.

Last edited by karamazonk; 06-22-2021 at 12:39 PM.

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06-22-2021 , 12:35 PM

#45886

cannabusto

Pooh-Bah

Join Date: Jan 2013 Posts: 4,876

Saylor wouldn't care. Already an exposed fraudster, company successfully sued multiple times for discrimination despite only 2k working there, and the Glassdoor reviews of MSTR are actually a very funny read; full of lowlights. He's rather shameless. Huge douche.

I actually agree with his reasoning for buying BTC and it makes sense for MSTR since their software is a lightly used joke.

Quote

06-22-2021 , 12:39 PM

#45887

dmatz327

veteran

Join Date: Jul 2013 Posts: 2,836

Quote:

Originally Posted by dmatz327

Sold ~ 25% of my coin, hoping to have the opportunity to buy back under 30k at some point in 2021. Buying TGT and WMT in the meantime.

Bought her back.

Quote

06-22-2021 , 01:27 PM

#45888

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,464

ADA bounced +20% in about 90 minutes... there is money to be made aggregating.

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06-22-2021 , 02:45 PM

#45889

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,112

Well dat 30k support area was indeed real

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06-22-2021 , 08:50 PM

#45890

GoDeViLs

veteran

Join Date: Dec 2010 Posts: 3,464

Quote:

Originally Posted by dmatz327

Sold ~ 25% of my coin, hoping to have the opportunity to buy back under 30k at some point in 2021.

Bought her back.

Quote

06-22-2021 , 10:23 PM

#45891

MeleaB

See my Commercial Software thread

Join Date: May 2012 Posts: 5,395

Quote:

Originally Posted by dmatz327

Sold ~ 25% of my coin, hoping to have the opportunity to buy back under 30k at some point in 2021. Buying TGT and WMT in the meantime.

Bought her back.

Quote:

Originally Posted by GoDeViLs

Is it that impressive? He sold it for $34k in January, not $64k in April.

Quote

06-22-2021 , 10:35 PM

#45892

johnnyBuz

Carpal \'Tunnel

Join Date: Sep 2013 Posts: 7,563

Quote:

Originally Posted by Shuffle

hilarious that laser eyes marked the top and another crypto winter. next time that happens better understand someone is selling you their coins

and yet you bragged about (allegedly) buying back at 31.5k

[ ] crypto winter
[ x ] not crypto winter

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06-23-2021 , 03:09 AM

#45893

juan valdez

Pooh-Bah

Join Date: Jan 2009 Posts: 5,686

tether

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06-23-2021 , 03:27 AM

#45894

ProffesionalMalaka

adept

Join Date: Aug 2015 Posts: 749

Stop it, there are grown ups in this thread claiming it’s a FUD. How can they not have 62b in a bank account in Bahamas? Or be the top 5 commercial paper holder in the world but nobody ever did any business with them.

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06-23-2021 , 04:15 AM

#45895

SimpleRick

banned

Join Date: Aug 2018 Posts: 4,660

Quote:

Originally Posted by tgiggity

Would bet a lot of money on 15k first.

Wanna bet 200? We go with coinmarketcap price. I'll even give you $15,999 as a win vs $50,001.

Quote

06-23-2021 , 05:18 AM

#45896

Dochrohan

Pooh-Bah

Join Date: Jan 2013 Posts: 4,195

15k b4 50k seems lol.

I give it a <15% chance of happening

Quote

06-23-2021 , 07:24 AM

#45897

NYC_Jon

adept

Join Date: Mar 2012 Posts: 772

Quote:

Originally Posted by Dochrohan

15k b4 50k seems lol.

I give it a <15% chance of happening

I'll bet as much as you're willing to offer @ +400 15k before 50k.

Quote

06-23-2021 , 07:58 AM

#45898

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,112

I'm liking these bets. Thread needs more of them.

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06-23-2021 , 08:54 AM

#45899

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,464

I have had a 500 bet with somone I know since btc was mid 55000... he said it will be 20k by Dec 31... I gave him -30k and I took +54k... anything between is a push.