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Thread: Bitcoins are officially donkdown

  1. #6361
    Owner Dan Druff's Avatar
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    I have 5.5 BTC and watching it fall today.

    I kept trying to wait for 3500 to sell but now it's going the other way.

    Not so funny to see the decline when I'm actually holding some.


  2. #6362
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Dan Druff View Post
    I have 5.5 BTC and watching it fall today.

    I kept trying to wait for 3500 to sell but now it's going the other way.

    Not so funny to see the decline when I'm actually holding some.

    All these years and you still haven’t learned that you are terrible at predicting short term Bitcoin price movements???

    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  3. #6363
    Platinum FRANKRIZZO's Avatar
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    druff , still holding out for 3500?

  4. #6364
    Plutonium simpdog's Avatar
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    In before his post he sold at a loss at 3400 and now its 3500

  5. #6365
    Owner Dan Druff's Avatar
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    Quote Originally Posted by simpdog View Post
    In before his post he sold at a loss at 3400 and now its 3500
    Still holding them.

    Very fast run-up right now. Went from 3480 to 3662 in a few minutes.

    Not sure where to get off this train. Watching closely.

    I have about 5.5 BTC

  6. #6366
    Owner Dan Druff's Avatar
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    Been hovering in the 3610-3620 range for a bit now.

    I'm going on a hike in not too long. I am going to sell before I start that hike, because I don't want to see that it tanks while I'm hiking (if I even have service to see such a thing) and be powerless to do anything.

    If it rockets up to 4k, then so be it.

    Last time I timed it pretty well, selling at 4k, and then it peaked at 4080 before crashing to 3500 that same day.

    If I sold right now, I'd still make money, so I'm satisfied enough with that.

  7. #6367
    Gold MrTickle's Avatar
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    Druff please don't gamble, your track record on predicting this is awful.

     
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      MumblesBadly: He made one good minor play with Bitcoin and he’s now a market timing wizard in the thing.

  8. #6368
    Owner Dan Druff's Avatar
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    Quote Originally Posted by MrTickle View Post
    Druff please don't gamble, your track record on predicting this is awful.
    Actually recently it hasn't been.

    As I mentioned earlier, the last time I had BTC I timed it almost perfectly, waiting awhile til it hit 4k, selling right then, and then after peaking at 4080, it fell sharply to 3500 or whatever.

    Also I resisted bailing out yesterday when it was 3340 or whatever, and seemed to be on its way further down.

  9. #6369
    Owner Dan Druff's Avatar
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    Well, I'm going hiking. I haven't sold yet.

    Hopefully I don't come back to find it's crashed.

  10. #6370
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Well, I'm going hiking. I haven't sold yet.

    Hopefully I don't come back to find it's crashed.
    If Druff doesn’t come back subtract another 5.5 coins from circulation.

  11. #6371
    Owner Dan Druff's Avatar
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    Well I had spotty reception while hiking and I saw it dropping.

    Knew 3600 might be a resistance point but was about to go out of service & didn't want to chance it. Sold 3593-3598.

    Now it's 3625. Blah. At least I hiked the remainder in peace.

  12. #6372
    Plutonium simpdog's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by Dan Druff View Post
    Well, I'm going hiking. I haven't sold yet.

    Hopefully I don't come back to find it's crashed.
    If Druff doesn’t come back subtract another 5.5 coins from circulation.
    I can just imagine Druff lost on a trail or somehow trapped .....and using his last bit of battery power to sell BTC and post on PFA

     
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      MumblesBadly: Trudat

  13. #6373
    Owner Dan Druff's Avatar
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    Here's what happened.

    I left the house and it was at like 3628 or something. Right before I left, it fell to like 3611, popped back to 3634, and then sat at 3628-3629 for some time.

    So I thought maybe it's going to start creeping back up, so I said I'd just check back in on the trail.

    Well, of course I get there and the fucking thing has slipped to 3606 or something. I said, "Time to sell", but I had a shit signal and couldn't access the exchange well enough.

    Ben's mom suggest we hike to the top of a hill so I could get a signal, which we did, and about halfway up, I got enough of a signal to sell. I saw it fall to 3599 and said, "I bet 3600 is going to be a resistance point, it will fall a bit below that, and then pop back up some."

    Problem was that I didn't want to have no service for the rest of the hike in case it crashed, so I decided just to sell at 3599 and eat whatever it might pop back up, just for peace of mind.

    Well, because of the shit signal, I wasn't able to sell fast enough, so about 80% sold at 3593. Then I lost signal again and the next thing I saw, it was 3600 (but I had no BTC), and I knew obviously it was going to go back up.

    Sure enough it rose to 3625, but since then it has slipped a bit and sits at 3612, so I don't feel all that bad.

    I got about half my BTC at 3560 and the other half around 3450, so at least I profited, even after the lol 1% commission on the sale.

  14. #6374
    Serial Blogger BeerAndPoker's Avatar
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    bitcoin BACK

  15. #6375
    Owner Dan Druff's Avatar
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    Quote Originally Posted by BeerAndPoker View Post
    bitcoin BACK
    I wouldn't quite say that, but it is over 4000 for the first time in awhile.

    It was stuck in the 3300-3600 range for quite some time.

    We'll see if badguy's prediction of it hitting 5k is true (he predicted this when it went to 3800 about 5 days ago).

    I think we're going to see some volatility in the coming days, either way. May rocket up to 5k, may crash back down to 3500. Not a good time to hit the cashout button on Bovada if you don't like to gamble with bitcoin value!

  16. #6376
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Quote Originally Posted by BeerAndPoker View Post
    bitcoin BACK
    I wouldn't quite say that, but it is over 4000 for the first time in awhile.

    It was stuck in the 3300-3600 range for quite some time.

    We'll see if badguy's prediction of it hitting 5k is true (he predicted this when it went to 3800 about 5 days ago).

    I think we're going to see some volatility in the coming days, either way. May rocket up to 5k, may crash back down to 3500. Not a good time to hit the cashout button on Bovada if you don't like to gamble with bitcoin value!
    I don’t understand why you are saying this. By holding onto bitcoin in Bovada, you are subjecting yourself to the volatility in bitcoin price. That is tantamount to gambling on its value. Meaning, you are gambling that the price will most likely rise “in the coming days” and remain at that higher price long enough for get a better cashout price than today. Otherwise, you would cash out now to avoid it expectedly or otherwise dropping in value.
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  17. #6377
    Platinum FRANKRIZZO's Avatar
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    4100 still speculating? Such a gamble, lol if it bops to 3600 will have sellers remorse

  18. #6378
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by FRANKRIZZO View Post
    4100 still speculating? Such a gamble, lol if it bops to 3600 will have sellers remorse

    I thought “seller’s remorse” was the feeling someone gets when selling too early when the price is rising.
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  19. #6379
    Platinum FRANKRIZZO's Avatar
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    Quote Originally Posted by MumblesBadly View Post
    Quote Originally Posted by FRANKRIZZO View Post
    4100 still speculating? Such a gamble, lol if it bops to 3600 will have sellers remorse

    I thought “seller’s remorse” was the feeling someone gets when selling too early when the price is rising.
    Yes if he sells for say 4100 and it goes up to say 6k he will have sellers remorse for not holding out longer. Either way its huge speculation without rhyme or reason. I see what you are saying though.

  20. #6380
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by FRANKRIZZO View Post
    4100 still speculating? Such a gamble, lol if it bops to 3600 will have sellers remorse

    Speak of the devil.

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    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

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