Bitcoin thread

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BearlySane88
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In reply to SBGold • 10:23a, 7/21/26
SBGold said:
BearlySane88 said:
SBGold said:
BearlySane88 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


You mean Dwight Way? Oh sorry you mean ProBono?

THE TROLLING SHOULD STOP DAWG


Free Movielover!

Lover was finally suspended for violating New Rules #2?

There is a God.

VOTE BLUE AND FREE WAGS


No clue just saying random tag lines like you do.

Free Dwight Way! Free Muckie!
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Eastern Oregon Bear
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In reply to SBGold • 10:53a, 7/21/26
SBGold said:
BearlySane88 said:
SBGold said:
BearlySane88 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


You mean Dwight Way? Oh sorry you mean ProBono?

THE TROLLING SHOULD STOP DAWG


Free Movielover!

Lover was finally suspended for violating New Rules #2?

There is a God.

VOTE BLUE AND FREE WAGS
It has been a couple of days since movielover posted anything. Hmmm...
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Cal88
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In reply to oski003 • 11:05a, 7/21/26
oski003 said:
SBGold said:
oski003 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


The discussion was whether or not 60k would hold. So far it has. As for your commentary...

It was also 3K before. And 20K. And 40K. (and over 100K) etc... It goes up and down and up and down and up and down and up and down and up... And the long term chart moves upward.

I guess if it goes up and down but it is way down, what is the point of your post?

VOTE BLUE AND FREE WAGS


Here is the long term Bitcoin chart. DW called look out below when it hit 60K, yet it is so far finding support at the price point that the posters he was arguing with claimed had a good chance of providing such support. For now, he is incorrect and you are uninformed. Obviously, that could change. See image below.




I'll answer for Wags since he is suspended - the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great.
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oski003
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In reply to Cal88 • 11:35a, 7/21/26
Cal88 said:
oski003 said:
SBGold said:
oski003 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


The discussion was whether or not 60k would hold. So far it has. As for your commentary...

It was also 3K before. And 20K. And 40K. (and over 100K) etc... It goes up and down and up and down and up and down and up and down and up... And the long term chart moves upward.

I guess if it goes up and down but it is way down, what is the point of your post?

VOTE BLUE AND FREE WAGS


Here is the long term Bitcoin chart. DW called look out below when it hit 60K, yet it is so far finding support at the price point that the posters he was arguing with claimed had a good chance of providing such support. For now, he is incorrect and you are uninformed. Obviously, that could change. See image below.




I'll answer for Wags since he is suspended - the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great.

It is a volatile asset. If you bought at one of the later peaks in the graph, you are either down or near even. As for the point of my original post, the 200 wma is holding thus far. It isn't "toast." Thanks.
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BearlySane88
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In reply to Cal88 • 1:36p, 7/21/26
Cal88 said:
oski003 said:
SBGold said:
oski003 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


The discussion was whether or not 60k would hold. So far it has. As for your commentary...

It was also 3K before. And 20K. And 40K. (and over 100K) etc... It goes up and down and up and down and up and down and up and down and up... And the long term chart moves upward.

I guess if it goes up and down but it is way down, what is the point of your post?

VOTE BLUE AND FREE WAGS


Here is the long term Bitcoin chart. DW called look out below when it hit 60K, yet it is so far finding support at the price point that the posters he was arguing with claimed had a good chance of providing such support. For now, he is incorrect and you are uninformed. Obviously, that could change. See image below.




I'll answer for Wags since he is suspended - the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great.


You don't have to speak for ProBono. He's still with us
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ProBonoBear415
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1:54p, 7/21/26
It's interesting to learn that there are people that can "rationalize" a 38% decline as no big deal.
Given that kind of risk management, I suspect that their portfolio's most likely don't have many winners.
Or, the positions they hold are so small that being down 38% is not a material monetary loss.
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oski003
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In reply to ProBonoBear415 • 2:31p, 7/21/26
ProBonoBear415 said:
It's interesting to learn that there are people that can "rationalize" a 38% decline as no big deal.
Given that kind of risk management, I suspect that their portfolio's most likely don't have many winners.
Or, the positions they hold are so small that being down 38% is not a material monetary loss.

Nobody is rationalizing a 38% decline. This discussion is about how you were wrong when you completely did not understand support at the wma and basically said the sky was falling. It is up more than 10% since then. For the record, I do think you have a good understanding of bio stocks, but you don't understand crypto. To each their own.
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ProBonoBear415
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In reply to oski003 • 3:23p, 7/21/26
Since you have such a good understanding of crypto are you recommending it to be purchased at this $66,200 area?
If yes, what is your stop loss?




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oski003
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In reply to ProBonoBear415 • 3:42p, 7/21/26
ProBonoBear415 said:
Since you have such a good understanding of crypto are you recommending it to be purchased at this $66,200 area?
If yes, what is your stop loss?




The buy was around 60K. Stop loss could be 55K. Please note that I never considered myself an expert, but it is clear to a non-expert how incorrect you were when you screamed the sky was falling and yelled that support broke at 59K. You wrongly talked down to the folks who said support was at the wma.
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SBGold
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In reply to oski003 • 3:47p, 7/21/26
It seems like this was the reasonable answer:

" the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great."

Not great indeed. In fact disastrous if you invest to make any money
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oski003
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In reply to SBGold • 3:49p, 7/21/26
SBGold said:
It seems like this was the reasonable answer:

" the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great."

Not great indeed. In fact disastrous if you invest to make any money


Which was responded to with a reasonable answer. I will repeat it since you apparently missed it.

"It is a volatile asset. If you bought at one of the later peaks in the graph, you are either down or near even. As for the point of my original post, the 200 wma is holding thus far. It isn't "toast." Thanks."
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SBGold
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In reply to oski003 • 3:51p, 7/21/26
oski003 said:
SBGold said:
It seems like this was the reasonable answer:

" the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great."

Not great indeed. In fact disastrous if you invest to make any money


Which was responded to with a reasonable answer. I will repeat it since you apparently missed it.

"It is a volatile asset. If you bought at one of the later peaks in the graph, you are either down or near even. As for the point of my original post, the 200 wma is holding thus far. It isn't "toast." Thanks."

I saw it but just saw a weak rationalization for the lack of investment growth, which I noted was disastrous.
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oski003
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In reply to SBGold • 3:57p, 7/21/26
SBGold said:
oski003 said:
SBGold said:
It seems like this was the reasonable answer:

" the issue with BC clearly is not whether is was a good investment many years ago, rather if it was a good buy a couple of years ago when it was in the high 5 figures. So far not so great."

Not great indeed. In fact disastrous if you invest to make any money


Which was responded to with a reasonable answer. I will repeat it since you apparently missed it.

"It is a volatile asset. If you bought at one of the later peaks in the graph, you are either down or near even. As for the point of my original post, the 200 wma is holding thus far. It isn't "toast." Thanks."

I saw it but just saw a weak rationalization for the lack of investment growth, which I noted was disastrous.


It is volatile. It has peaks and valleys. If you buy at a peak, you either have to sell at the next peak and take your gain or ride it out longer. You don't buy at a peak and sell at a valley, which seems to be the only thing your tunnel vision sees when defending your wags.
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Big C
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In reply to Eastern Oregon Bear • 4:23p, 7/21/26
Eastern Oregon Bear said:
SBGold said:
BearlySane88 said:
SBGold said:
BearlySane88 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


You mean Dwight Way? Oh sorry you mean ProBono?

THE TROLLING SHOULD STOP DAWG


Free Movielover!

Lover was finally suspended for violating New Rules #2?

There is a God.

VOTE BLUE AND FREE WAGS

It has been a couple of days since movielover posted anything. Hmmm...

Over 24 hours for my good friend PAC-10-BEAR, as well. Unlike him.
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ProBonoBear415
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In reply to oski003 • 4:27p, 7/21/26
oski003 said:
ProBonoBear415 said:
Since you have such a good understanding of crypto are you recommending it to be purchased at this $66,200 area?
If yes, what is your stop loss?




The buy was around 60K. Stop loss could be 55K. Please note that I never considered myself an expert, but it is clear to a non-expert how incorrect you were when you screamed the sky was falling and yelled that support broke at 59K. You wrongly talked down to the folks who said support was at the wma.


So it's not a buy here at $66,200
Got it.

Or perhaps I missed some kind of "after-the fact" purchase at $60,000.

Either way, you'd use an 8.3% stop loss on any purchase around $60,000.
Got it.

So you'd use an 8.3% stop loss but for some reason you had no problem with a 38% drawdown from what another poster here had recommended back in January at $95,000 . . . because you know, Bitcoin is "volatile" and it goes "up and down and up and down".

That's some interesting risk management.
I think I'll pass.



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SBGold
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In reply to Big C • 4:31p, 7/21/26
Big C said:
Eastern Oregon Bear said:
SBGold said:
BearlySane88 said:
SBGold said:
BearlySane88 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


You mean Dwight Way? Oh sorry you mean ProBono?

THE TROLLING SHOULD STOP DAWG


Free Movielover!

Lover was finally suspended for violating New Rules #2?

There is a God.

VOTE BLUE AND FREE WAGS

It has been a couple of days since movielover posted anything. Hmmm...

Over 24 hours for my good friend PAC-10-BEAR, as well. Unlike him.

These were the right calls as to the multiple violations. Mods got new orders and getting work done, I'm giddy

Go Bears
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oski003
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In reply to ProBonoBear415 • 5:12p, 7/21/26
ProBonoBear415 said:
oski003 said:
ProBonoBear415 said:
Since you have such a good understanding of crypto are you recommending it to be purchased at this $66,200 area?
If yes, what is your stop loss?




The buy was around 60K. Stop loss could be 55K. Please note that I never considered myself an expert, but it is clear to a non-expert how incorrect you were when you screamed the sky was falling and yelled that support broke at 59K. You wrongly talked down to the folks who said support was at the wma.


So it's not a buy here at $66,200
Got it.

Or perhaps I missed some kind of "after-the fact" purchase at $60,000.

Either way, you'd use an 8.3% stop loss on any purchase around $60,000.
Got it.

So you'd use an 8.3% stop loss but for some reason you had no problem with a 38% drawdown from what another poster here had recommended back in January at $95,000 . . . because you know, Bitcoin is "volatile" and it goes "up and down and up and down".

That's some interesting risk management.
I think I'll pass.



Do whatever you want Wags. My point was and still is that the floor hadn't collapsed at 59K, which was your incorrect claim. Those who can read a chart correctly called support at 60K, which is where the buy was. I don't think this is a bad spot to buy; however, war escalations have a bad effect on the market.
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dajo9
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In reply to SBGold • 8:48p, 7/21/26
SBGold said:
BearlySane88 said:
SBGold said:
BearlySane88 said:
SBGold said:
oski003 said:
DiabloWags said:
I wonder if PAC-10-BEAR is still holding from his strong buy recommendation in mid-January at $95,000?

https://bearinsider.com/forums/6/topics/132417/replies/2636259

Perhaps he can share that with us.


Bitcoin is up 10% since Diablo Way at 59K mocked Pac 10 and said the 200 wma was toast, blood is in the water, and Bitcoin buyers needed a snorkel. It is currently over 65K. Interesting.

Wasn't it at 95K before?

Wags was right 003bearit

VOTE BLUE

FREE WAGS


You mean Dwight Way? Oh sorry you mean ProBono?

THE TROLLING SHOULD STOP DAWG


Free Movielover!

Lover was finally suspended for violating New Rules #2?

There is a God.

VOTE BLUE AND FREE WAGS


His last post was a few hours after he was called out for violating rules #3 and #5. That post was deleted by the mods. Coincidence? I dont know, but I think enforcement of rules #3 and #5 is important.
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cal83dls79
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In reply to dajo9 • 3:19a, 7/23/26
dajo9 said:
The scramble for liquidity is coming from the private credit market
lots of zombie deals out there.

https://www.wsj.com/finance/investing/private-equity-assets-stuck-in-zombie-funds-are-at-a-record-high-4dbd01be?st=n7GB5M
Priest of the Patty Hearst Shrine
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dajo9
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In reply to cal83dls79 • 3:28a, 7/23/26
cal83dls79 said:
dajo9 said:
The scramble for liquidity is coming from the private credit market
lots of zombie deals out there.

https://www.wsj.com/finance/investing/private-equity-assets-stuck-in-zombie-funds-are-at-a-record-high-4dbd01be?st=n7GB5M


Yes, that article is paywalled (free Diablo) but here is another article.

https://www.briefs.co/news/private-credit-keeps-14-5-billion-locked-up-2/
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cal83dls79
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In reply to dajo9 • 3:49a, 7/23/26
dajo9 said:
cal83dls79 said:
dajo9 said:
The scramble for liquidity is coming from the private credit market
lots of zombie deals out there.

https://www.wsj.com/finance/investing/private-equity-assets-stuck-in-zombie-funds-are-at-a-record-high-4dbd01be?st=n7GB5M


Yes, that article is paywalled (free Diablo) but here is another article.

https://www.briefs.co/news/private-credit-keeps-14-5-billion-locked-up-2/
hmm, thought I sent it as gift. Oh well.
Priest of the Patty Hearst Shrine
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dajo9
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In reply to cal83dls79 • 4:08a, 7/23/26
cal83dls79 said:
dajo9 said:
cal83dls79 said:
dajo9 said:
The scramble for liquidity is coming from the private credit market
lots of zombie deals out there.

https://www.wsj.com/finance/investing/private-equity-assets-stuck-in-zombie-funds-are-at-a-record-high-4dbd01be?st=n7GB5M


Yes, that article is paywalled (free Diablo) but here is another article.

https://www.briefs.co/news/private-credit-keeps-14-5-billion-locked-up-2/
hmm, thought I sent it as gift. Oh well.


You know, i think you did. A popup covered my screen but I was able to remove it and read the article. Thanks.
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