1-1½ year before halving - 1-1½ year after recent ATH is best time to accumulate. Keep DCA'ing guys!
Bitcoin is cheap under 20k. Gotta buy at 19-18-17-16-15-14-13-12..
Comment
homie1975
SBR Posting Legend
12-24-13
15448
#7317
gimme more more more more
greed is good
long term holding
Comment
Optional
Administrator
06-10-10
60822
#7318
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: NEW ALL TIME HIGH<br><br>~ 61.9% OF BTC HAS NOT MOVED IN OVER 1 YEAR<br><br>Name another asset where holders refuse to sell after a 72.3% drawdown. <a href="https://t.co/ziku1cLZMl">pic.twitter.com/ziku1cLZMl</a></p>— Joe Burnett ()³ (@IIICapital) <a href="https://twitter.com/IIICapital/status/1576947811957886977?ref_src=twsrc%5Etfw" >October 3, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Comment
homie1975
SBR Posting Legend
12-24-13
15448
#7319
^^^ Opter I believe in the long term potential of bitcoin but i don't like the comparison. Stock drawdowns of ~70% occur happenstance but holders stick around because they hope for a better price down the road hence less of a loss or even a long term chance at gains.
I'm not surprised that 60% of hung on thos long. Why would they sell unless they were desperate to have the money ?
Comment
asiagambler
SBR Hall of Famer
07-23-17
6831
#7320
Sunk Cost Fallacy
Comment
freelee
SBR Wise Guy
02-02-10
751
#7321
Originally posted by trobin31
Will put this simply, if we don’t get inflation under control and yields creep higher, possibly over the next decade barring some very deep recession or demand destructing event to slow down inflation, then crypto is dead money
Very true and also would be great for Bitcoin if all the shit coins/crypto go to zero
Comment
Optional
Administrator
06-10-10
60822
#7322
^^^ Trobin is a numpty that still believes in the theories Wall street sprukes as a control mechanism. Ask him, he will tell you where his ideas come from. "best school, best teachers", he says.
He has been saying crypto is dead for a long time. IE, he has been wrong with every call he has made around here in a long time. If one day that turns out to be correct, he is going to actually think he WAS right all along too! lol
Can't help ignorant.
Originally posted by homie1975
^^^ Opter I believe in the long term potential of bitcoin but i don't like the comparison. Stock drawdowns of ~70% occur happenstance but holders stick around because they hope for a better price down the road hence less of a loss or even a long term chance at gains.
I'm not surprised that 60% of hung on thos long. Why would they sell unless they were desperate to have the money ?
I think people generally sell low when they think there is no hope for the underlying asset.
A 70% fall in a traditional stock price might signal that most of the time.
People remain hopeful about this asset.
.
Comment
trobin31
SBR Hall of Famer
01-09-14
9853
#7323
Originally posted by Optional
^^^ Trobin is a numpty that still believes in the theories Wall street sprukes as a control mechanism. Ask him, he will tell you where his ideas come from. "best school, best teachers", he says.
He has been saying crypto is dead for a long time. IE, he has been wrong with every call he has made around here in a long time. If one day that turns out to be correct, he is going to actually think he WAS right all along too! lol
Can't help ignorant.
I’m always intrigued and marvel at the inability to comprehend a simple statement and from it derive completely alternate facts. You have to love sbr.
Comment
Optional
Administrator
06-10-10
60822
#7324
Originally posted by trobin31
I’m always intrigued and marvel at the inability to comprehend a simple statement and from it derive completely alternate facts. You have to love sbr.
I'm getting used to over-educated, under-brainpowered, people talking utter tripe like they are an authority not to be challenged.
Tell us what your charts and wonderful teachers say about crypto out-performing your traditonal markets recently...
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Comment
raiders72001
Senior Member
08-10-05
11056
#7325
Comment
Sawyer
SBR Hall of Famer
06-01-09
7710
#7326
Expecting crypto market and stocks to dump thru end of October / early november.
Comment
EddieMusher
SBR Wise Guy
09-10-15
858
#7327
Is this the start of a major bull run?
Comment
pablo222
SBR Hall of Famer
01-03-19
8858
#7328
No. But there are bullish signals short term.
Comment
eidolon
SBR Hall of Famer
01-02-08
9531
#7329
Careful of the 25% drop coming in the next couple of months.
Comment
raiders72001
Senior Member
08-10-05
11056
#7330
Originally posted by eidolon
Careful of the 25% drop coming in the next couple of months.
Swing trading definitely a good way to go right now.
Comment
EddieMusher
SBR Wise Guy
09-10-15
858
#7331
Are people pumping Dogecoin because of Elon's twitter deal?
Comment
klemopixx
SBR MVP
10-02-14
3806
#7332
People are still investing in this chit?
Or is everyone waiting for a rally so they can dump it ASAP?
Comment
Yulia74
SBR MVP
08-28-18
1907
#7333
why is no one talking about BNB?
Comment
bigtymer56
SBR MVP
07-31-12
4742
#7334
Originally posted by Yulia74
why is no one talking about BNB?
Seems like they are beefing with FTX? Anything else to talk about?
After Celsius and other lenders having issues...staying away from exchange tokens. Sure Binance will be fine, but crypto is already stressful enough.
Comment
Yulia74
SBR MVP
08-28-18
1907
#7335
Originally posted by bigtymer56
Anything else to talk about?
.
how can you trust a kid who claims to be vegan yet is fat? his middle name is bankman? donates all his money to joe biden? looks like whoopi goldberg?
Bitcoin sportsbook discussion and reviews by SBR and bitcoin sports bettor enthusiasts.
Comment
asiagambler
SBR Hall of Famer
07-23-17
6831
#7340
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire <a href="https://t.co/BGtFlCmLXB">https://t.co/BGtFlCmLXB</a> and help cover the liquidity crunch. We will be conducting a full DD in the coming days.</p>— CZ Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1590013613586411520?ref_src=twsrc%5Etfw" >November 8, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Yeesh this is a real bad sign
Comment
icon
SBR MVP
01-09-18
3404
#7341
"FTX & Alameda Research seem to hold ~ 8 Billion in FTT tokens like that. The catch? The market cap is only 3 billion. 5 Billion could potentially be false reported money on their balance sheet."
Comment
asiagambler
SBR Hall of Famer
07-23-17
6831
#7342
Well DCAers can keep buying I guess
Comment
bigtymer56
SBR MVP
07-31-12
4742
#7343
Originally posted by Yulia74
how can you trust a kid who claims to be vegan yet is fat? his middle name is bankman? donates all his money to joe biden? looks like whoopi goldberg?
Lmao...actually alittle disappointed Binance came to the rescue. Allows this dude to stick around.
Comment
Goat Milk
BARRELED IN @ SBR!
03-24-10
25850
#7344
Told u guys many times this is a scam
Once the feds start getting involved bitcoin is going to go night night, watch
So much illegal activity on bitcoin
IRS is about to get involved too and fleece people this upcoming tax year
Cyrptocurrency is a sinking ship, no one will ever use it consistently. Your dollar is protected. It's stable. All currency is stable, why would I use a currency that's not stable, that can sink 20% in one day?
It had a great run, but it's over now. It's going to go up maybe for a bit, but long term, it's going to settle in around 5 grand.
Cause Sleep is the Cousin of Death
Comment
jjgold
SBR Aristocracy
07-20-05
388189
#7345
Originally posted by Goat Milk
Told u guys many times this is a scam
Once the feds start getting involved bitcoin is going to go night night, watch
So much illegal activity on bitcoin
IRS is about to get involved too and fleece people this upcoming tax year
Cyrptocurrency is a sinking ship, no one will ever use it consistently. Your dollar is protected. It's stable. All currency is stable, why would I use a currency that's not stable, that can sink 20% in one day?
It had a great run, but it's over now. It's going to go up maybe for a bit, but long term, it's going to settle in around 5 grand.
100000000000000000000000%
Comment
icon
SBR MVP
01-09-18
3404
#7346
Is Mike Saylor still bullish on bitcoin?
Comment
asiagambler
SBR Hall of Famer
07-23-17
6831
#7347
With so much that's gone wrong for crypto these last few months I'm honestly surprised it's holding this well
Was this FTX thing planned and controlled by Binance ???
Let's see what happens. FTX is bigger than LUNA/3AC/Voyager/Celsius/etc. all combined
Comment
Ghenghis Kahn
SBR Posting Legend
01-02-12
19735
#7348
Originally posted by Goat Milk
Told u guys many times this is a scam
Once the feds start getting involved bitcoin is going to go night night, watch
So much illegal activity on bitcoin
IRS is about to get involved too and fleece people this upcoming tax year
Cyrptocurrency is a sinking ship, no one will ever use it consistently. Your dollar is protected. It's stable. All currency is stable, why would I use a currency that's not stable, that can sink 20% in one day?
It had a great run, but it's over now. It's going to go up maybe for a bit, but long term, it's going to settle in around 5 grand.
Comment
Ghenghis Kahn
SBR Posting Legend
01-02-12
19735
#7349
Clueless donks always come around here crying cryptos are a scam.
Stick to what you know best GoatJizz, which is nothing...
People that's been around are waiting for BTC to hit ~$12,000
Comment
Legions36
SBR MVP
12-17-10
3032
#7350
Originally posted by Ghenghis Kahn
Clueless donks always come around here crying cryptos are a scam.
Stick to what you know best GoatJizz, which is nothing...
People that's been around are waiting for BTC to hit ~$12,000
Damn right, they seem to show up at the same time when things are down. Been waiting for all year for Nov/Dec and prices to drop to scoop up what i can. The sooner people realize to keep there damn coins in there wallets and not exchanges chasing bs yields the better. Things are down and I still love bitcoin/crypto, figured I say this since there are quite a few nocoiners in here to laugh at people when things are not so good. This is a blessing and I never thought we would get a chance at these prices after it shot up last year. Who cares if it goes to 5k,10k, 15k wont mean much difference 5 years out.