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Forum » Bitcoin just broke $10k
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Thread: Bitcoin just broke $10k

post 1604381261 05-07-2020, 07:02 PM
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#31
  1. isingmodel
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Originally Posted By Destor⏩
West Texas Intermediate went from $11.57 on April 21 to $26.49 on May 5, 230% in 16 days
1) That isn't 230% lmao
2) Talking about year-to-date 2020
Misc Crypto Crew
BTC to $200k
post 1604381561 05-07-2020, 07:07 PM
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#32
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The current banking system is not sustainable and everything digital is going up, better get on the train.
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post 1604381641 05-07-2020, 07:08 PM
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#33
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Originally Posted By isingmodel⏩
1) That isn't 230% lmao
2) Talking about year-to-date 2020
Ah so you could have doubled your money in 4 months instead of two weeks, ok BTC is definitely better
post 1604382471 05-07-2020, 07:19 PM
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#34
  1. A-GAME
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Watch my highlighted areas and trendline for price reactions.
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post 1604382581 05-07-2020, 07:21 PM
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#35
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Originally Posted By irollurmom⏩
I don't understand the point of Bitcoin when its entire value is based on USD. If USD crashes, doesn't that make Bitcoin worthless?
Bro, what?? Is this sarcasm?

Back on topic, bitcoin block rewards getting halved again while FED is printing money like crazy. USD is getting inflated like crazy.
post 1604382771 05-07-2020, 07:23 PM
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#36
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Originally Posted By A-GAME⏩


Watch my highlighted areas and trendline for price reactions.
Yeah as I mentioned earlier I got 10,500 as the first big one, followed by ~11,500-12,000 and then clear break of 14,000.

Depending on how you draw that downtrend resistance line you can argue it's broken it already with the top of the wick $10,060 today, but needs to close the 1W around there or higher.
Misc Crypto Crew
BTC to $200k
post 1604382941 05-07-2020, 07:26 PM
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#37
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To the moon again.

Anyone else with balls as big as mind buy some $100 ETH and 3800 BTC

Buy the fear....always
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post 1604383581 05-07-2020, 07:38 PM
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#38
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Originally Posted By Halfway⏩
Sadly most of my "investments" are Chinese chitcoins which stood the initial crash but then plummeted

TFW lost 50k in a week
Didnt lose that much but watching my 401k, Roth, and Acorns/Robinhood accounts just plummet was depressing as ****
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post 1604385931 05-07-2020, 08:12 PM
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#39
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almost 14k candian atm
i saw that.

ive been making money in regular stock markets this week but bitcoin caught my attention again today.
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Bald crew
post 1604386441 05-07-2020, 08:19 PM
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#40
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follow the tethers, every time the market cap of tether goes up the price pumps, it will run up to wherever it goes and then it will dump back down like it always does. 2b tethers were injected into the market about a month ago when the price was 7 grand
post 1604386681 05-07-2020, 08:22 PM
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#41
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lol @ cryptocels


brb tell us about how you 'invest' in crypto. i'll wait
post 1604387851 05-07-2020, 08:37 PM
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#42
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Originally Posted By irollurmom⏩
I don't understand the point of Bitcoin when its entire value is based on USD. If USD crashes, doesn't that make Bitcoin worthless?
lol no

we buy milk and bread in sats instead
post 1604388171 05-07-2020, 08:43 PM
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#43
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as a former crypto brah, who cares?

the fundamental flaw of bitcoin is that it will never be as freely spent as regular currency is. people will just horde it hoping to make more money. that, combined with the fact that you can lose all your funds by entering a wrong address, will keep it down.
post 1604388591 05-07-2020, 08:51 PM
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#44
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Originally Posted By Contribution05⏩
Bro, what?? Is this sarcasm?

Back on topic, bitcoin block rewards getting halved again while FED is printing money like crazy. USD is getting inflated like crazy.
That was mostly aimed at the people who think Bitcoin as a replacement for fiat currency, when its entire value is based on fiat currency.
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post 1604388751 05-07-2020, 08:53 PM
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#45
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Literally sold half of my bitcoin for MAJOR profits @ 19,500 two years ago

Sold 1/4 more when it went back to 13k for a vegas trip last year

Then my girlfriend (now ex) stole the rest, dead srs, still trying to get it back
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1604389811 05-07-2020, 09:10 PM
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#46
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Originally Posted By gixxer0.6g⏩
To the moon again.

Anyone else with balls as big as mind buy some $100 ETH and 3800 BTC

Buy the fear....always
Didn't time the bottom, bought falling knives at $6k, $5k, $3.5k. Feels good. Now if only my chit coins would do anything.
post 1604390091 05-07-2020, 09:14 PM
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#47
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Originally Posted By Destor⏩
Best performing asset of 2020? I have two stocks that have doubled in 8 weeks and still have the potential to hit 3-4x. And they pay quarterly dividends
What stocks?
Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
post 1604390201 05-07-2020, 09:16 PM
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#48
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I think bitcoin is a good thing and beneficial, but it's too soon in time for the type of technology it is. It's an asset you hold longterm. We aren't ready for trace less decentralized currency as a country and in the world yet. Lol at crypto pumpers, I see many too many people trying to day-trade it with no conclusive reasoning for the trade other than riding price action.
Originally Posted By Destor⏩
Best performing asset of 2020? I have two stocks that have doubled in 8 weeks and still have the potential to hit 3-4x. And they pay quarterly dividends
What do you like? I've got a few I like that I've hit on recently.
"A quitter never wins, and a winner never quits." - Napoleon Hill

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post 1604390991 05-07-2020, 09:26 PM
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#49
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Originally Posted By ProtonBars⏩
brb tell us about how you 'invest' in crypto. i'll wait
EZ PZ

post 1604391141 05-07-2020, 09:29 PM
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#50
  1. Destor
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Originally Posted By iamdetermined⏩
What stocks?
Originally Posted By jmoneyjumpman⏩
What do you like? I've got a few I like that I've hit on recently.
I picked up CNQ at the very bottom and CVE almost at the bottom, both on the TSX. What you brahs get?


Only wish I had six figures to throw at each at the time
post 1604391671 05-07-2020, 09:37 PM
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#51
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Originally Posted By Destor⏩
I picked up CNQ at the very bottom and CVE almost at the bottom, both on the TSX. What you brahs get?


Only wish I had six figures to throw at each at the time
I'm bullish on Snap my calls on them have been printing and I picked up some more shares when they were down. It's going to be a goldrush for which pharma company will get the vaccine so I have small plays in almost every one of the smaller caps. Also have GILD calls since remdesivir has been getting good news.
"A quitter never wins, and a winner never quits." - Napoleon Hill

"Obsessed is a word the lazy use to describe the dedicated" - Zyzz
post 1604391761 05-07-2020, 09:39 PM
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#52
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Are you guys trading on pure voodoo technicals? What is the diligence process like?
post 1604392341 05-07-2020, 09:54 PM
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#53
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Originally Posted By ErnieMccracken⏩
Are you guys trading on pure voodoo technicals? What is the diligence process like?
I read the chains and look for options that are mis priced. I get news fast too so I trade off of what I hear. If I do an earnings play I look at how the company has done the previous quarters, see what the expected move is, and depending on if the stock is a big mover I'll buy calls/puts on them or sell premium.
"A quitter never wins, and a winner never quits." - Napoleon Hill

"Obsessed is a word the lazy use to describe the dedicated" - Zyzz
post 1604423291 05-08-2020, 10:10 AM
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#54
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Originally Posted By jmoneyjumpman⏩
I read the chains and look for options that are mis priced. I get news fast too so I trade off of what I hear. If I do an earnings play I look at how the company has done the previous quarters, see what the expected move is, and depending on if the stock is a big mover I'll buy calls/puts on them or sell premium.
I haven’t looked at derivatives or anything like that yet personally. I’m mostly focused on buying what I know and understand while looking at the business’ balance sheets and forecasts. Managed to time these buys almost perfectly with the bottom but that was really just luck.

And I work in O&G so I live and talk oil all year round. Spent most of the last six years working with CNQ as a contractor, and they’re notorious for being the most difficult Client financially in this corner of the industry. Not fun to work for, but that’s exactly what you want as a shareholder
post 1604423541 05-08-2020, 10:14 AM
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#55
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Bought in @ 5K life is gouda cheese

Tbh sold at 9.9K, because I ain't playing the rollercoaster and decided to sacrifice potential future funds for immediate funds.

Good luck brahs
post 1604424021 05-08-2020, 10:21 AM
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#56
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Originally Posted By isingmodel⏩
Post OOOOOOOOOOOOOOOOO ITT for $250k by end of 2021.
Post LOOOOOOOOOOOOOOOOOOOL ITT for the inevitable plummet on it's way.
post 1604545091 05-09-2020, 07:47 PM
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#57
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Originally Posted By ko300zx⏩
post loooooooooooooooooool itt for the inevitable plummet on it's way.
lmao
post 1604547611 05-09-2020, 08:19 PM
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#58
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Originally Posted By Destor⏩
I picked up CNQ at the very bottom and CVE almost at the bottom, both on the TSX. What you brahs get?


Only wish I had six figures to throw at each at the time
i put a grand in DNR...hoping it bounces back lol...btw lots of these types of companies will have to cut their dividend
(these are my opinions i am not a licensed broker by trade)
post 1604548371 05-09-2020, 08:31 PM
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#59
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Not best performing asset of the year as some clowns have pointed out (honk honk) but perhaps the best performing asset of the past decade.

I invest long term, comparing monthly gains is losing sight of the bigger picture.

In before we break $20k
Posts are for fun, not to be taken seriously or as truth.

Angie Varona Appreciation Club Founder
post 1604607641 05-10-2020, 04:13 PM
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#60
  1. A-GAME
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Originally Posted By A-GAME⏩


Watch my highlighted areas and trendline for price reactions.


I told you kids to watch my zones right? How do you like that gap down?
Still Cuckin On Four Fours, Wrapped In Four Voes
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