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Bitcoin price suddenly surges to 3-year high

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ah my apologies, I remember someone here bragging about buying nice cars with their crypto. my bad mate.

I did say I purchased a car. But wasn't bragging, (not what I was trying to project and if I did, then I apologize for that) was actually showing my massive mistake of cashing out some.
 
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You need to stop saying this all the time, and assume or act like you know what people are seek or trying to goal.
My job provides me more than I need (X2) for my (personal) life style. Yet I've invested in a few things. Can you assume or act like you know why I did this?

Take a step back and think first before you talk again about greed, fancy cars and houses. People are not alone in this world. They have families, kids, relatives, friends and all kinds of others around them.

This is a cryptocurrency thread on cryptocurrency section of the forum, and not a philosophical inquiry about human behavior.
It bothers me that you keep wondering in here and trying to sense others to your ideas and senses when clearly this is not the thread to do so.

I'll do as I please until mods tell me to do otherwise, if you don't like it, ignore me, I could care less.

I did say I purchased a car. But wasn't bragging, (not what I was trying to project and if I did, then I apologize for that) was actually showing my massive mistake of cashing out some.

Understandable, I misunderstood then. Glad to see you learned from your mistake on the car thing. I have never understood people sinking money into cars when they all last about the same amount of mileage (assuming you take care of them and don't buy a horrible model year or something).
 
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i think its time bitcoin got up off its arse and started moving again.. it needs to..

trog

ps.. eth now at over 3200 and bitcoin has started to move.. just below 60K.. maybe it heard me.. :)
 
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bitcoin dropped back to 56/57K but eth is now doing its own thing its now at 3430.. its no longer slavishly following bitcoin.. what this means i havnt a clue but its a change..

i think the whales are trying to control the rest of the market by kicking bitcoin down.. if so its no longer working..

trog

ps.. eth is now over 3500
 
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bitcoin dropped back to 56/57K but eth is now doing its own thing its now at 3430.. its no longer slavishly following bitcoin.. what this means i havnt a clue but its a change..

i think the whales are trying to control the rest of the market by kicking bitcoin down.. if so its no longer working..

trog

ps.. eth is now over 3500

Bitcoin lost momentum weeks ago as posted at the link below. Note that is a weekly chart so while there may be daily ups and downs, it's on its way down. There are more sellers than buyers at its current level. Telling is that over two weeks after the peak the RSI is still overbought, and the small pop it got was on very low volume - no buyers.


The overall crypto market is losing momentum which can be seen by the downwards slopes on cci and rsi, but may not have peaked yet.

Those two lines circled haven't crossed. When they do, it's a good idea to exit. Again, this is a weekly chart, so this is longer term trend changes.
I wouldn't be surprised if the crypto market winds up taking down or being blamed for taking down other unrelated markets since a lot of companies decided to buy some as a place to park 'cash', thinking it was real money instead of the ponzi scheme it really is. They might as well have parked their cash on a roulette wheel. Some CIOs gonna be getting that golden parachute I'm sure.


1620140295942.png
 
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The only thing this proves is ALT coins are faltering and GOOD! There are so many BS coins out there that need to go away (there are 5000 alt coins!!!). Doge is top of my list. But if you think a 8 month chart is going to predict the long term outcome for BTC and ETH then I think you are misguided at best.
 
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dogecoin at 54 cents. lmao. what an insane world.
 
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The only thing this proves is ALT coins are faltering and GOOD! There are so many BS coins out there that need to go away (there are 5000 alt coins!!!). Doge is top of my list. But if you think a weekly chart is going to predict the long term outcome for BTC and ETH then I think you are misguided at best.

nah he is just anti crypto and picks the charts that suit his cause.. :)

the stock markets have taken a hit today that may have pushed crypto prices down a little..

trog
 
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nah he is just anti crypto and picks the charts that suit his cause.. :)

the stock markets have taken a hit today that may have pushed crypto prices down a little..

trog

F'ing stock market is brutal today.
 

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Ethereum is down a little but Bitcoin took a considerable hit.
 
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You could have invested in lumber, and been better off than Bitcoin. Bitcoin is the blue line :

1620154612890.png
 
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I hope you like paying storage rent.

I'm pretty sure he just meant buying lumber company stocks? What does storage have to do with anything?

edit: also if you bought AMD stock at $1 a share like 5 years ago, you'd be rich as crap right now... I almost did... but decided not to at last second. regrets.
 
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I'm pretty sure he just meant buying lumber company stocks? What does storage have to do with anything?

edit: also if you bought AMD stock at $1 a share like 5 years ago, you'd be rich as crap right now... I almost did... but decided not to at last second. regrets.
Ah yes futures. You are right. I am just early morning brain farting.
 
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ETC been killing it for me. In @ $11. Currently pushing $100. I think $300 in next couple months.
 
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Regrets? Why? Didn't you just say you didn't need money and investments and were happy doing your zen thing?

The thing is, all your extra money is useless to me. I don't care about nice cars homie. Enjoy your nice cars/nice house, etc. /shrug
 
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Regrets? Why? Didn't you just say you didn't need money and investments and were happy doing your zen thing?

I never said that actually. I said excess is unnecessary, but it would have been nice to pay off a house and car in cash. (the car being a cheaper one and the house also a reasonable one, like 150 grand house in the Midwest is equivalent to a 500 grand one in California), so I'd opt for the 150 grand one, and retire early. etc.
 
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I never said that actually. I said excess is unnecessary, but it would have been nice to pay off a house and car in cash. (the car being a cheaper one and the house also a reasonable one, like 150 grand house in the Midwest is equivalent to a 500 grand one in California), so I'd opt for the 150 grand one, and retire early. etc.
How do you know his was excess? Who determines excess?

Just got 1 ETC now. So I got hopes.
Hope is a wonderful thing.
 
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How do you know his was excess? Who determines excess?


Hope is a wonderful thing.

No one really, but my guess is, after observing human nature (even the billionaires are too afraid to retire and enjoy life) they just fixate and fixate on making more and more and more money, seems to be a bad universal human trait I am afraid regardless of how much money you have, very few are able to break free from those chains and simply enjoy life.
 
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(even the billionaires are too afraid to retire and enjoy life)
But, and really a huge what-if, they really like running their business and that is what they enjoy?
 
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But, and really a huge what-if, they really like running their business and that is what they enjoy?

Then they are blinded. For the Cosmos and Planet Earth studies/adventures/explorations are so vast/diverse, and many of them can't be experienced without x amount of money to take you to those places, and y there is not enough time in a single lifetime to experience all of it, and z they are all or mostly all very profound experiences.

Have you ever see the stars at the top of a mountain top with clouds covering up everything below you? Camped there? If not, then you are blind. Welcome to Plato's class, Allegory of the Cave lecture 101. Yawnfest 2021 I still have to explain this to Epicureans.
 
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