Seriously...Get Real!

[ChristopherColumbus]

If you guys were to buy now how much would you spend?
Guys at work are starting talk about this stuff.
And is the point of making out on this past its peak?
Appreciate a serious answer. Wifey

Ok.. if you have got none, I'd recommend you just bite the bullet and buy some here and hold for the long term. I'd suggest something like 10% or 20% of your liquid worth. Enough to put some skin in the game, but not to wipe you out if it crashes. Forget all the fundamentals and trust the chart, which speaks for itself.

It is always painful to buy into peaks... but this looks like a solid bull market. I averaged in at 10,000 and 11,000 because I had no bitcoin. That was only a week or two ago.

 

[ChristopherColumbus]

In a dollar amount for and average joe?

Why not scrounge around and scrap together a few grand. Use your credit cards if you have to [next to no interest on them right?]. OK, I know it's risky, but what have you got to lose? A few measly grand? Then check out Bitcoin or something.

 

[ChristopherColumbus]

Chris is there a way you can say that in English. Lol
I kinda get what your saying. But what is worthwhile to do now? If anything?

I don't think you need to panic. It will probably spike up to a stupid number then come down to a more realistic level. But I'd say that level would be higher than where it is trading now. That doesn't matter... at least you know where it will be heading.

Either way, buying here on the spike or buying once it has consolidated later, is good. Scratch together a few grand and buy some now, or buy when it consolidates next year.

 

[ChristopherColumbus]

A guy at worked raised the question that some are already trying to make it illegal.
No most people try to be law abiding. Wodnt this crash the demand for this?? Thinking here.
I agree though a few grand wouldnt be missed

There are plenty of YouTube videos for all of that.^^

As long as you are not betting the house or the farm, this should not concern you at all. There are just as many people stating that it will go mainstream, and this will help it. Bitcoin is polarizing people. Go to YouTube for all forms of fundamental analysis. There are some very bright guys there.

 

[ChristopherColumbus]

Spike up and backfilled, like the previous ones. All set to blast through 15,000.

 

[ChristopherColumbus]

Spike up and backfilled, like the previous ones. All set to blast through 15,000.

And sure enough....

 

[ChristopherColumbus]

Is this rate of growth ever happen before??

Study closely post 114.

 

[ChristopherColumbus]

Chris is there any dos and donts when creating a coinbase account?
Like not use an email with name in it or whatever? For security reasons etc etc?

Not sure, I don't use it. Check out YouTube videos about that sort of stuff.

 

[ChristopherColumbus]

How did you buy yours?

Goldmoney.com. Just moved my silver over into Bitcoin.

 

[ChristopherColumbus]

How we get 30,000 in two weeks time:

The price has doubled from 7000 to 14,000 in three weeks.

If the price doubles here again, in the next two weeks [as the parabola is more vertical], we go from 15,000 to 30,000.

 

[wifehunter]

you have to check out crypto daily...guy cracks me up!!!

https://www.youtube.com/channel/UC67AEEecqFEc92nVvcqKdhA/videos?disable_polymer=1

 

[wifehunter]

And i called my bank. The verified, and ofvourse coinbase charged it, but say they cant verify. Ill try from my pc when home.
Seems it may be on there end. What a fck.

Another option to Coinbase:

You'll need a wallet first, but Bitcoin ATMs are a thing. Check google for locations.

 

[wifehunter]

More specifically it couldnt verify my card.
Apparently its happening to other people.

yep, my shift card got declined then later it went through.

 

[wifehunter]

Ok i got.on my pc and it said verification goes in 12 hour cycles. So im thinking it takes a little time. Thanks guys

Also, be aware that the amount of Bitcoin you can buy is limited, but increases over time...Example: I was at $50 weekly limit, then after a few months it went to $2500 per week. Good thing you're doing this now, and not later!

 

[ChristopherColumbus]

This long term trend line gives us some idea of the consolidation level when it comes.... maybe something like 25,000.

This also ties in with the previous ratio of $2 to $200 [2012-2016]. This move is $200 to something like $20,000 [2016-2020]. Two zeros added on each time.

If the bull market carries on [2020 - 2024] ......20,000 to 2,000,000.

 

[wifehunter]

This long term trend line gives us some idea of the consolidation level when it comes.... maybe something like 25,000.

This also ties in with the previous ratio of $2 to $200 [2012-2016]. This move is $200 to something like $20,000 [2016-2020]. Two zeros added on each time.

If the bull market carries on [2020 - 2024] 20,000 to 2,000,000.

We'll see...I'm not sure though, but we may reach a new pattern after Dec 10.

Big money is on the way.

Trillions.

 

[wifehunter]

Thats fvkn nuts. I just saw a video and they said the IRS is already sniffing around at coinbase.
This could get really interesting.
Im not a wealthy man. I do ok for my area but i got nothing major to lose on the money side.
Im going to throw some at it. But im not betting the entire house yet. You got some high ranking tech guys saying good things.

This video helped alot.

The world governments are a measly fly in the face of the honey badger!

Andreas is brilliant! Do yourself a favor and subscribe. I could listen to him for hours, and have!

He's done all the homework, so you don't have to.

Enjoy!

 

[ChristopherColumbus]

By the way, I am not set up for trading. I am just pointing out possible price predictions based on the chart. And that if it did go to 13,000... no problem, actually a healthy correction, and larger support, for the bigger spike coming.

That said, if you do not have any bitcoin at all, I wouldn't be waiting for the 13,000 dip which might not come. Better to just buy a bit here. If it does dip, the bull market will 'rescue' you.

OR, given the parabolic state of the market, the dip we just saw to just north of 14,000 [seen on the daily chart] might have been it. I'm hoping to see it build a bit of a platform next week. that way the rocket when it comes could go to the moon.

 

[ChristopherColumbus]

We'll see...I'm not sure though, but we may reach a new pattern after Dec 10.

Big money is on the way.

Trillions.

As I'm posting a lot of charts, I thought I'd collect them on a thread in the 'Wealth and Success' section. Feel free to chime in anytime.

 

[wifehunter]

By the way, I am not set up for trading. I am just pointing out possible price predictions based on the chart. And that if it did go to 13,000... no problem, actually a healthy correction, and larger support, for the bigger spike coming.

That said, if you do not have any bitcoin at all, I wouldn't be waiting for the 13,000 dip which might not come. Better to just buy a bit here. If it does dip, the bull market will 'rescue' you.

OR, given the parabolic state of the market, the dip we just saw to just north of 14,000 [seen on the daily chart] might have been it. I'm hoping to see it build a bit of a platform next week. that way the rocket when it comes could go to the moon.

I think we're in for some good surprises!