Bitcoins - about to hit $5,000 per coin today!

[gib]

to the rest of my fellow getbiggers following this thread...I just want to say that I adore you all so much and I am just so very happy to be among your presence again 

Awww... Does that even include love to our dear Mr Anabolic, who provided so much fodder for discussion as we tried to assist him on his journey to acceptance?

[IRON CROSS]

Awww... Does that even include love to our dear Mr Anabolic, who provided so much fodder for discussion as we tried to assist him on his journey to acceptance?

gib is still alive , china flu didn't snatch him ..............

how is Western Aussie gold mine operating ............

[gib]

gib is still alive , china flu didn't snatch him ..............

how is Western Aussie gold mine operating ............

Gold mine continues to make money and production is far below market value. We also set up a subsidiary focused on Lithium which is hot right now.

[IroNat]

Just stopping by to see if you folks are making money with the Bitcoin.

Are you?

[polychronopolous]

Awww... Does that even include love to our dear Mr Anabolic, who provided so much fodder for discussion as we tried to assist him on his journey to acceptance?

Legend has it he checked into the local mental ward once BTC hit 50k and he was never seen or heard from again 

On a cool autumn night they say you can still hear him cursing gib and those damn blipcoins.

[Humble Narcissist]

Just stopping by to see if you folks are making money with the Bitcoin.

Are you?

They still think they are.

[Grape Ape]

They still think they are.

How aren't they?

[IroNat]

How aren't they?

I don't know.

[Flexacon]

How aren't they?

If he knew, he'd be making money too.

Meanwhile the rest of us in this thread are busy arguing over whose way is the better way of making money.

[Humble Narcissist]

If he knew, he'd be making money too.

Meanwhile the rest of us in this thread are busy arguing over whose way is the better way of making money.

Haha, you guys are delusional.  Who on Getbig has cashed out their craptocurrency and made millions?  Not one person.

[Flexacon]

Haha, you guys are delusional.  Who on Getbig has cashed out their craptocurrency and made millions?  Not one person.

I cashed out with x40 my original investment. Went back "all in" and increased it by 40%. I don't work any more btw because I don't need to. I also live in one of the most expensive cities in the world, so you do the maths.. I'll add to that I actually got into crypto pretty late and missed the most profitable years.

Few months back there was maybe 5 pages of bickering on if this type of strategy was the best way of doing things or not.

I'm still debating how big I'll go back in (if at all) If you want I'll tell you what to buy and when. I'll throw in a guarantee that if you lose money I'll cover your losses up to $1k and any profit we split 50/50

[Grape Ape]

I cashed out with x40 my original investment. Went back "all in" and increased it by 40%. I don't work any more btw because I don't need to. I also live in one of the most expensive cities in the world, so you do the maths.. I'll add to that I actually got into crypto pretty late and missed the most profitable years.

Few months back there was maybe 5 pages of bickering on if this type of strategy was the best way of doing things or not.

I'm still debating how big I'll go back in (if at all) If you want I'll tell you what to buy and when. I'll throw in a guarantee that if you lose money I'll cover your losses up to $1k and any profit we split 50/50

I'd like to see this.  Don't need losses covered or anything.

I passed on ETH at 1700 (posted on it here) and that screwed me up.  I figured it would dip again, but now I'm unsure...I just hate buying near a high.

[Flexacon]

I'd like to see this.  Don't need losses covered or anything.

I passed on ETH at 1700 (posted on it here) and that screwed me up.  I figured it would dip again, but now I'm unsure...I just hate buying near a high.

Buy and Hodl 




I'm waiting for the current BTC dump to play out. Ideally it will be slow and take a couple of weeks and then I'll buy some alts.

If BTC bounces straight back up in a big way then it's also time to buy alts as it's unlikely you'll get them much cheaper before a cycle top.

Just remember a month ago ETH was at 4k and BTC was at 53k. Yesterday ETH was 3.6K and BTC 58K. Bitcoin has pumped ETH (and most Alts) haven't. 

Basically next BTC bull run = buy ALTs.

[Grape Ape]

Buy and Hodl 




I'm waiting for the current BTC dump to play out. Ideally it will be slow and take a couple of weeks and then I'll buy some alts.

If BTC bounces straight back up in a big way then it's also time to buy alts as it's unlikely you'll get them much cheaper before a cycle top.

Just remember a month ago ETH was at 4k and BTC was at 53k. Yesterday ETH was 3.6K and BTC 58K. Bitcoin has pumped ETH (and most Alts) haven't. 

Basically next BTC bull run = buy ALTs.

Which Alts, or just diversify?

[Mayday]

Basically next BTC bull run = buy ALTs.

Absolutely.

BTC is overextended at the moment and a pullback to 44k-48k range is on the cards.

Timewise my window guide for a pullback was 11th-15th Oct.

BTC to 130k early next year, ETH 12k, alts parabolic.

[Flexacon]

Which Alts, or just diversify?

Go with whatever coins you like and are comfortable holding long term. Buy in with the mentally that catching a new cycle top and taking some easy profit as a nice bonus if it happens, but long term holding is the default.

IMO crypto is close to ripping and going on bull run to a new cycle peak. The only thing that could potentially hold it back is a huge financial crash.

S&P 500 could drop up to 50% from its peak over the next few months. I've shorted it and plan on going long crypto (alts). That's my hedge. The retard in me is also hoping both plays come off simultaneously.

[Grape Ape]

Go with whatever coins you like and are comfortable holding long term. Buy in with the mentally that catching a new cycle top and taking some easy profit as a nice bonus if it happens, but long term holding is the default.

IMO crypto is close to ripping and going on bull run to a new cycle peak. The only thing that could potentially hold it back is a huge financial crash.

S&P 500 could drop up to 50% from its peak over the next few months. I've shorted it and plan on going long crypto (alts). That's my hedge. The retard in me is also hoping both plays come off simultaneously.

Thanks man.

I thought (maybe incorrectly) that the alt coins were mostly pump and dump, driven by youtube video hype and whatnot, and that holding would be counter to that.

Guess I have to research a bit more.

[gib]

I've said it many times - stack sats. Hodl. That's all you need to do.

Imagine if Mr Anabolic had done this, as opposed to all his incessant FUD nonsense since we first started discussing this topic...

Any one who has no coins now -  you still have a chance to become a one-coiner, which in the future will be a major social distinguisher for generations to come (much like an English Lord who happened to have property passed down via generations over the last 600+ years).

If you believe BTC will, over time, keep increasing in value in fiat money (or put another way, if you believe fiat money will keep being printed and debased relative to the fixed supply of Sats) then you better acquire Sats now, and the more the better, and then just hodl.

We are about to see 1 Billion indians adopt. Watch this space next few years - as usual you heard it from me first.


 

[Theoak*]

Mayday's house in the country once ETH hits 20k.

[Mayday]

Mayday's house in the country once ETH hits 20k.

LoL my car days are done my friend.

Honestly people at shops treat shitters with more respect. I used to live in the bankers belt, nice cars, nice people, lots of wealth. I swear it’s the worst treated car spot in the country.


To reference back to crypto I’m pondering this sharemarket chart which suggests a very large correction early-mid 2022. If that proves to be correct then it needs a trigger which could be crypto as Burry predicts. So while I still think a 130k is likely, if for some reason things go spastic and we hit a 200k-300k we might sees dramatic pullback with contagion into the sharemarket.

[gib]

Bitcoin devotees always revert to the "you don't understand it" line.  Yes, I DO understand it perfectly, this is why I would never buy it. 

Regarding gold and silver:  Silver has much more upside potential at it's current price.  I own lots of both.

 

[gib]

Gold and silver (a historical storage of wealth, value and it maintains your purchasing power) is very, very undervalued (priced in dollars) at this point in time.

It's a no brainer... gold and silver (especially) are THE asset to be holding at this point in time.  There is no other place to go right now...

 

[gib]

Mr Anabolic...

Time is a valuable thing
Watch it fly by as the pendulum swings
Watch it count down to the end of the day
The clock ticks life away
It's so unreal
Didn't look out below
Watch the time go right out the window
Tryin' to hold on, you didn't even know
Wasted it all just to watch you go
Kept everything inside and even though I tried
It all fell apart
What it meant to me will eventually
Be a memory of a time when I tried so hard

I tried so hard and got so far
But in the end it doesn't even matter

One thing, I don't know why
It doesn't even matter how hard you try
Keep that in mind, I designed this rhyme
To remind myself how I tried so hard
In spite of the way you were mockin' me
Acting like I was part of your property
Remembering all the times you fought with me
I'm surprised it got so far
Things aren't the way they were before
You wouldn't even recognize me anymore
Not that you knew me back then
But it all comes back to you in the end
You kept everything inside and even though I tried
It all fell apart
What it meant to me will eventually
Be a memory of a time when I tried so hard ...

[gib]

Haha, you guys are delusional.  Who on Getbig has cashed out their craptocurrency and made millions?  Not one person.

I think I have answered this for you several times over the past few years, and you seem not to have listened to me.

So, again ...I know a number of people who have indeed sold, and converted to Sats cash. Some have sold BTC in the over million USD range over short periods of time (the reason being dollar cost averaging), Tesla sold over 100m in one pop a while back, remember?

I know numerous exchanges which will allow up to 10m USD to be "cashed out" in a single day (with the money actually being sent to a specified bank account) for accredited customers.

I also personally know a person who sold a house entirely for BTC (approx USD 500K at that time), when BTC was around the 35K mark...

You still seem to fail to accept reality. Skepticism is a useful quality to have, until is becomes harmful by making you closed-minded and obstinate. Do not let what happened to Mr Anabolic happen to you. You still have the possibility of becoming a whole-coiner in reach. Don't blow it. Its all laid out for you in this thread my lion friend.

[Humble Narcissist]

I think I have answered this for you several times over the past few years, and you seem not to have listened to me.

So, again ...I know a number of people who have indeed sold, and converted to Sats cash. Some have sold BTC in the over million USD range over short periods of time (the reason being dollar cost averaging), Tesla sold over 100m in one pop a while back, remember?

I know numerous exchanges which will allow up to 10m USD to be "cashed out" in a single day (with the money actually being sent to a specified bank account) for accredited customers.

I also personally know a person who sold a house entirely for BTC (approx USD 500K at that time), when BTC was around the 35K mark...

You still seem to fail to accept reality. Skepticism is a useful quality to have, until is becomes harmful by making you closed-minded and obstinate. Do not let what happened to Mr Anabolic happen to you. You still have the possibility of becoming a whole-coiner in reach. Don't blow it. Its all laid out for you in this thread my lion friend.

So, you know people who have sold and made loads of actual money but you haven't?  That seems to be the way it is with everyone.