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BUTTCOIN $50K AND HODLING!

 
AkashicRecord®
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User ID: 77961800
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02/16/2021 09:41 PM
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BUTTCOIN $50K AND HODLING!
sweetjesus


Sir, what are your orders?

Sell?

Buy???


It busted 50K for a while there...


THE TIP HAS BEEN FULLY INSERTED


fake edit: Aaaaand now it's flaccid, again.

real edit: Insertion once again ...and still going!


Last Edited by AkashicRecord® on 02/17/2021 11:33 AM
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Anonymous Coward
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02/16/2021 09:46 PM
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Re: BUTTCOIN $50K AND HODLING!
If it can hold above 50K.....
AkashicRecord®  (OP)

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02/16/2021 09:49 PM
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Re: BUTTCOIN $50K AND HODLING!
If it can hold above 50K.....
 Quoting: Anonymous Coward 79044425


I think it will continue to test 50K a few more times before it settles in. Looks like we will probably be seeing 60K before any drop back down towards 30K... (Many expected it to tank to 30 or less.)
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AkashicRecord®  (OP)

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02/16/2021 10:19 PM
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Re: BUTTCOIN $50K AND HODLING!
I keep bailing around 49.5K and hop back in during the dips, but this won't last long... lol
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Anonymous Coward
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02/16/2021 10:21 PM
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Re: BUTTCOIN $50K AND HODLING!
GBTC has always tracked bitcoin well. Did so through 2018 as well. Was the reason I was able to call a $3k low at that time (missed it by a few hundred), as you could literally read it in the charts. When this one tiggers on this peak, people are going to see some real pain. The boat is getting heavy to one side again, and the same people are screaming it's going to 100k, 200k, 500k, etc.

There's an awful lot of gaps leading back to March, just like in the DOW, S&P, and NASDAQ as well. Ironically, ALL are peaking at the same time, and ironically they're all multi gapped to the same timeline. The charts looked effed if you know what you're looking at.

I'm betting on a systematic rug pull on ALL markets this time around. Time will show that as accurate or not. It's going to be biblical.
AkashicRecord®  (OP)

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02/16/2021 10:28 PM
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Re: BUTTCOIN $50K AND HODLING!
The massive sell wall at 50K has me concerned the most. I just wish I could have a more complete access to the order book, but what is visible is VERY visible.

50K has long been a huge psychological barrier here, and it isn't showing signs of loosening up just yet.
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AkashicRecord®  (OP)

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02/16/2021 10:39 PM
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Re: BUTTCOIN $50K AND HODLING!
Now, many institutions are piling on to Bitcoin, so you know that they aren't in it to lose...so...
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Anonymous Coward
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02/16/2021 11:03 PM
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Re: BUTTCOIN $50K AND HODLING!
righton5
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02/16/2021 11:07 PM
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Re: BUTTCOIN $50K AND HODLING!
Tesla has made more profit in bitcoin since January than all tesla auto sales profits. It's true. Look it up.
Anonymous Coward
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02/16/2021 11:30 PM
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Re: BUTTCOIN $50K AND HODLING!
great foresight to all who own bitcoin now and good luck in the future (im sure you dont need luck)
AkashicRecord®  (OP)

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02/17/2021 12:20 AM
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Re: BUTTCOIN $50K AND HODLING!
Tesla has made more profit in bitcoin since January than all tesla auto sales profits. It's true. Look it up.
 Quoting: Anonymous Coward 73960537


He's a big investor...especially now.
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Anonymous Coward
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02/17/2021 12:25 AM
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Re: BUTTCOIN $50K AND HODLING!
Tesla has made more profit in bitcoin since January than all tesla auto sales profits. It's true. Look it up.
 Quoting: Anonymous Coward 73960537


He's a big investor...especially now.
 Quoting: AkashicRecord®


Inventor. And he, Nikola Tesla has been dead for a while now.
Or perhaps you are talking about Elon Musk?
AkashicRecord®  (OP)

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02/17/2021 02:13 AM
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Re: BUTTCOIN $50K AND HODLING!
And it's shooting past 50K by a good bit now...
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AkashicRecord®  (OP)

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02/17/2021 02:21 AM
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Re: BUTTCOIN $50K AND HODLING!
I did NOT think it was going to break 50K so quickly...I figured at least another day or two??

:P
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Anonymous Coward
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02/17/2021 02:24 AM
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Re: BUTTCOIN $50K AND HODLING!
Bitcoin does its own thing. Seems like it's always opposite of what altcoins do.
AkashicRecord®  (OP)

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02/17/2021 10:36 AM
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Re: BUTTCOIN $50K AND HODLING!
Bitcoin does its own thing. Seems like it's always opposite of what altcoins do.
 Quoting: Anonymous Coward 75172675


Well, it's definitely up there now...
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AkashicRecord®  (OP)

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02/17/2021 11:31 AM
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Re: BUTTCOIN $50K AND HODLING!
Tesla has made more profit in bitcoin since January than all tesla auto sales profits. It's true. Look it up.
 Quoting: Anonymous Coward 73960537


He's a big investor...especially now.
 Quoting: AkashicRecord®


Inventor. And he, Nikola Tesla has been dead for a while now.
Or perhaps you are talking about Elon Musk?
 Quoting: Anonymous Coward 80059641


Of course we meant Elon Musk!
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Anonymous Coward
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02/17/2021 11:33 AM
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Re: BUTTCOIN $50K AND HODLING!
Hold your butts!
Hold em firm and tight.
Anonymous Coward
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02/17/2021 11:39 AM
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Re: BUTTCOIN $50K AND HODLING!
Bitcoins are mined using lots of electric power. So guess why it's rising when there's a massive power blackout?
Anonymous Coward
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02/17/2021 11:39 AM
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Re: BUTTCOIN $50K AND HODLING!
Do you think USDT will stay stable if there is a drop to 30k?
AkashicRecord®  (OP)

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02/17/2021 11:45 AM
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Re: BUTTCOIN $50K AND HODLING!
Do you think USDT will stay stable if there is a drop to 30k?
 Quoting: Anonymous Coward 79993952


I kind of feel that BTC is the leading indicator of most markets... (and I don't believe that Texas or any part of the Midwest really has a large majority of mining power.)
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Anonymous Coward
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02/17/2021 11:47 AM
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Re: BUTTCOIN $50K AND HODLING!
when some teenage hacker in romania deletes the blockchain the calls for bailout will be loud indeed
AkashicRecord®  (OP)

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02/17/2021 11:48 AM
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Re: BUTTCOIN $50K AND HODLING!
Do you think USDT will stay stable if there is a drop to 30k?
 Quoting: Anonymous Coward 79993952


So I would expect a drop across the board, but right now, BTC is kind of fucking killing it!

schwing
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AkashicRecord®  (OP)

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02/17/2021 11:49 AM
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Re: BUTTCOIN $50K AND HODLING!
...but I jumped ship at 49.5K last night right before it comfortably sailed past 50K...

doh
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BBQ BOY™

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02/17/2021 11:55 AM
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Re: BUTTCOIN $50K AND HODLING!
$ 51,164

Taking my Sh@tcoins along for the ride
"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

Life can only be understood backwards, but it must be lived forwards.
Anonymous Coward
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02/17/2021 11:56 AM
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Re: BUTTCOIN $50K AND HODLING!
Do you think USDT will stay stable if there is a drop to 30k?
 Quoting: Anonymous Coward 79993952


So I would expect a drop across the board, but right now, BTC is kind of fucking killing it!

:schwing:
 Quoting: AkashicRecord®


They've been suppressing the price for 3 years! Did you not expect it to slingshot into the stratosphere at the last halving combined with QE now set to "retarded"?
Anonymous Coward
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02/17/2021 11:59 AM
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Re: BUTTCOIN $50K AND HODLING!
$ 51,164

Taking my Sh@tcoins along for the ride
 Quoting: BBQ BOY™


You hear that sucking sound? That's the sound of buttcoin hoovering up filthy fiat.
Anonymous Coward
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02/17/2021 12:00 PM
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Re: BUTTCOIN $50K AND HODLING!
they want everyone in before they pull the plug
Anonymous Coward
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02/17/2021 12:02 PM
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Re: BUTTCOIN $50K AND HODLING!
they want everyone in before they pull the plug
 Quoting: Anonymous Coward 78505719


The fiat plug will be pulled first.
Anonymous Coward
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02/17/2021 12:16 PM
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Re: BUTTCOIN $50K AND HODLING!
doubt it the tech is to old and it doesn't fit in with the green deal. Newer tech has miners that use only 40 watts similar to light bulb and transaction fees are like free and fast
Anonymous Coward
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02/17/2021 12:29 PM
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Re: BUTTCOIN $50K AND HODLING!
Cue the barrage of posters telling us how marvelous their various shitcoins are, and how Bitcoin is hot garbage...





GLP