Author Topic: Bitcoin  (Read 109941 times)

Re: Bitcoin
Reply #315 on: December 13, 2017, 13:13:59 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

  • Offline matt5cott

  • Posts: 3,198
  • Global Moderator
  • Hero Member
  • I had a wheelbarrow, the wheel fell off.
Re: Bitcoin
Reply #316 on: December 13, 2017, 14:20:40 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

At least you're not alone, pretty much everyone has a shoulda woulda coulda story like that mate :-[


Ask(s) (Sell)
Order Filled at: Wed 13 Jun 2012 04:14:50 PM GMT
    Amount: 26.62662695 BTC
    Price: @$5.90000
    Total: $157.09710


You were right once and you'll be right again. Well, that's what I tell myself :lol:
Last Edit: December 13, 2017, 14:26:22 PM by matt5cott #187;

Re: Bitcoin
Reply #317 on: December 13, 2017, 15:24:58 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

At least you're not alone, pretty much everyone has a shoulda woulda coulda story like that mate :-[


Ask(s) (Sell)
Order Filled at: Wed 13 Jun 2012 04:14:50 PM GMT
    Amount: 26.62662695 BTC
    Price: @$5.90000
    Total: $157.09710


You were right once and you'll be right again. Well, that's what I tell myself :lol:

That one of your sell orders?

  • Offline matt5cott

  • Posts: 3,198
  • Global Moderator
  • Hero Member
  • I had a wheelbarrow, the wheel fell off.
Re: Bitcoin
Reply #318 on: December 13, 2017, 15:51:06 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

At least you're not alone, pretty much everyone has a shoulda woulda coulda story like that mate :-[


Ask(s) (Sell)
Order Filled at: Wed 13 Jun 2012 04:14:50 PM GMT
    Amount: 26.62662695 BTC
    Price: @$5.90000
    Total: $157.09710


You were right once and you'll be right again. Well, that's what I tell myself :lol:

That one of your sell orders?

Aye, was pretty much the lot as I was moving house, it was a tough time and I needed money  :-X

There's always another opportunity in this space though, I learned the lesson (never go all out of BTC) and just got back on the horse.

I've read some horrible threads on reddit about people having killed themselves over similar, tbh at times I could see why, but you have to push on.
Last Edit: December 13, 2017, 15:55:36 PM by matt5cott #187;

    • Tekforums.net - It's new and improved!
  • Offline Clock'd 0Ne

  • Clockedtastic
  • Posts: 10,937
  • Administrator
  • Hero Member
Re: Bitcoin
Reply #319 on: December 13, 2017, 18:53:23 PM
Back when we were mining I sold my BTC for pittance, that's why I can't be arsed now, not willing to spend the time on it (especially when its a lot wilder now and unprofitable in mining). Getting richer by other means, just not as quick.

  • Offline Sam

  • Posts: 3,943
  • Hero Member
Re: Bitcoin
Reply #320 on: December 13, 2017, 20:46:54 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

Why would you kick yourself. Say you made $15,000 out of it that's fantastic. House deposit. Would you have rather the price collapsed before you sold. FOMO is such a strong emotion. If it's any consolation you've made more out of bitcoin than I ever will as I think it's a total load of bollocks.

  • Offline Sam

  • Posts: 3,943
  • Hero Member
Re: Bitcoin
Reply #321 on: December 13, 2017, 20:47:54 PM
I think this is an argument for them to have nearer 2140  :P

I disagree. Since it's used as an argument why bitcoin is better than alternatives, it's worth pointing it's not a good argument.

Re: Bitcoin
Reply #322 on: December 13, 2017, 20:51:55 PM
Ethereum has had a big jump!

Sure has, ruing selling the near 1,000 I mined mostly under $20  :'(

Why would you kick yourself. Say you made $15,000 out of it that's fantastic. House deposit. Would you have rather the price collapsed before you sold. FOMO is such a strong emotion. If it's any consolation you've made more out of bitcoin than I ever will as I think it's a total load of bollocks.

I mostly kick myself because in the new year I said to a close friend I was going to hold what I mined from that point on. I didn't follow through on that. I didn't need to sell what I was mining at that point. I'd mostly paid off the cost of the hardware that I had.

Yes, I made good money from it, but I didn't make £0.5m, or even the realistic £100k I would have made had I actually listened to myself. I already had a house, a good job, no money worries etc.
Last Edit: December 13, 2017, 20:53:59 PM by Walrusbonzo #187;

Re: Bitcoin
Reply #323 on: December 13, 2017, 20:53:06 PM
I think this is an argument for them to have nearer 2140  :P

I disagree. Since it's used as an argument why bitcoin is better than alternatives, it's worth pointing it's not a good argument.

I'm not fussed either way on it. I've read a lot of the arguments for and against. It is what it is.

  • Offline Sam

  • Posts: 3,943
  • Hero Member
Re: Bitcoin
Reply #324 on: December 13, 2017, 20:58:24 PM
I'm not fussed either way on it. I've read a lot of the arguments for and against. It is what it is.

There's not a single good argument I've read in favour (bitcoin). That IOTA looks alright though, I think.

  • Offline Sam

  • Posts: 3,943
  • Hero Member
Re: Bitcoin
Reply #325 on: December 13, 2017, 21:02:08 PM
I mostly kick myself because in the new year I said to a close friend I was going to hold what I mined from that point on. I didn't follow through on that. I didn't need to sell what I was mining at that point. I'd mostly paid off the cost of the hardware that I had.

Yes, I made good money from it, but I didn't make £0.5m, or even the realistic £100k I would have made had I actually listened to myself. I already had a house, a good job, no money worries etc.

But money in the bank is money in the bank. Could be $0 tomorrow. Will be at some point. You won't regret all the profit you've made when people who held on to everything made nothing. I don't tend to think about how much I could have made. I had apple at $80 a share in 2009. What's it now, $1200 pre-split price? No one knows what's going to happen and in the same situation you'd do the same thing again - and rightly so, because these kinds of things are one offs.

Re: Bitcoin
Reply #326 on: December 13, 2017, 22:49:55 PM
I mostly kick myself because in the new year I said to a close friend I was going to hold what I mined from that point on. I didn't follow through on that. I didn't need to sell what I was mining at that point. I'd mostly paid off the cost of the hardware that I had.

Yes, I made good money from it, but I didn't make £0.5m, or even the realistic £100k I would have made had I actually listened to myself. I already had a house, a good job, no money worries etc.

But money in the bank is money in the bank. Could be $0 tomorrow. Will be at some point. You won't regret all the profit you've made when people who held on to everything made nothing. I don't tend to think about how much I could have made. I had apple at $80 a share in 2009. What's it now, $1200 pre-split price? No one knows what's going to happen and in the same situation you'd do the same thing again - and rightly so, because these kinds of things are one offs.

It's fine, it's done, can't change the past. I've moved on and sticking to what I do well. But still, I can kick myself for not taking my own advice when really I reached a point where I didn't need to sell.

It is important to reflect on what could have been, it helps you see where you went wrong. How you can improve. I always strive to be the best I can and to win, it's the only way I know how to be. Never give up on believing you can do it better. I could have read the situation better and I definitely could have traded better throughout the year. If you don't try to be better you just get worse.

I'm not fussed either way on it. I've read a lot of the arguments for and against. It is what it is.

There's not a single good argument I've read in favour (bitcoin). That IOTA looks alright though, I think.

Personally I think the only valid argument for Bitcoin having a limited supply is that it's a good way for traders and holders to remind others about it's "scarce" supply and that is what will help it gain value.

Basically, it's some good news spin for traders and early investors to make the price go higher.

But as I said, I don't really care either way.
Last Edit: December 13, 2017, 22:56:43 PM by Walrusbonzo #187;

Re: Bitcoin
Reply #327 on: December 13, 2017, 23:09:11 PM
Really hoping we get a crossover of the MACD on the 12hr, should see us retest $13,000 in the next day or two. StochRSI has crossed over on the 12hr, suggests more down.

Then hoping there is enough momentum for a MACD crossover on the 1 day followed by the 3 day. 3 day StochRSI hasn't reset properly since July. Been far too long since we had a good pullback.

  • Offline Sam

  • Posts: 3,943
  • Hero Member
Re: Bitcoin
Reply #328 on: December 13, 2017, 23:21:16 PM
Really hoping we get a crossover of the MACD on the 12hr, should see us retest $13,000 in the next day or two. StochRSI has crossed over on the 12hr, suggests more down.

Then hoping there is enough momentum for a MACD crossover on the 1 day followed by the 3 day. 3 day StochRSI hasn't reset properly since July. Been far too long since we had a good pullback.

I think fundamentals and TA are out of the window at this point, at least until the market returns to some normality.
We're just in the biggest bull run of all time. I trade SP futures and all they know how to do is go up, just like bitcoin, but with less risk (in that there's some fundamental value to stocks). You should try that in addition to your crypto trading, same principals, another opportunity.

Re: Bitcoin
Reply #329 on: December 14, 2017, 02:54:41 AM
NEO still looks very undervalued to me, sold half my eth yesterday to buy NEO, 25% rise in NEO today so its finally borken its 4 month stagnation.

I think its been struggling to shake its China association but might finally have managed it.

Formerly sexytw

0 Members and 5 Guests are viewing this topic.