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Thread: Bitcoins are officially donkdown

  1. #2541
    Bronze blubbernuffle's Avatar
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    Quote Originally Posted by Dan Druff View Post
    I've been collecting BTC recently, waiting to perhaps deposit them to Ignition.

    However, Ignition has been an embarrassing failure thus far, so I have not even created an account there.
    I made an account and have been waiting to hear about some server stability and swift transactions till I depo
    Last edited by blubbernuffle; 10-29-2016 at 11:44 AM. Reason: run on sentence FTW

  2. #2542
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by blubbernuffle View Post
    this thread is bumped do to the delay panic i assume? I'm not going to read it. most of you cant math let alone crypto. we may be in a micro bubble. So if you're holding a lot that could hurt you if we see a crash, sell and diversify. make sure you pay more than the average fee for a transfer. don't jew the miners, it's less than a 1/4 dolla for fucks sake
    Possible. Chinese volume has been super strong of late and growing.

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      blubbernuffle: math rep
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  3. #2543
    Bronze blubbernuffle's Avatar
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    Quote Originally Posted by MumblesBadly View Post
    Quote Originally Posted by blubbernuffle View Post
    this thread is bumped do to the delay panic i assume? I'm not going to read it. most of you cant math let alone crypto. we may be in a micro bubble. So if you're holding a lot that could hurt you if we see a crash, sell and diversify. make sure you pay more than the average fee for a transfer. don't jew the miners, it's less than a 1/4 dolla for fucks sake
    Possible. Chinese volume has been super strong of late and growing.

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    where is that chart from?

  4. #2544
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by blubbernuffle View Post
    Quote Originally Posted by MumblesBadly View Post

    Possible. Chinese volume has been super strong of late and growing.

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    where is that chart from?
    Bitcoin Charts.

    http://bitcoincharts.com/charts/btcnCNY

     
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      blubbernuffle: thanks, i forgot about that site lol
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  5. #2545
    Plutonium Sanlmar's Avatar
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    I'll leave you to SPECULATE about the chart's meaning

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  6. #2546
    Bronze blubbernuffle's Avatar
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    Quote Originally Posted by Sanlmar View Post
    I'll leave you to SPECULATE about the chart's meaning

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    the dollar is worthless and you will soon be living in a mud hut?

     
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      sonatine: yurts are BACK

  7. #2547
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by blubbernuffle View Post
    Quote Originally Posted by Sanlmar View Post
    I'll leave you to SPECULATE about the chart's meaning

    Name:  IMG_0242.PNG
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    the dollar is worthless and you will soon be living in a mud hut?
    Chinese discovered that Bitcoin can be a way to hide wealth from the new regime hellbent on using corruption charges to secure change of power?

    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  8. #2548
    Plutonium Sanlmar's Avatar
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    Today's sign of the Apocolypse

    Free run to $775

    Check out this ZCash story. Up 27% today

    https://www.bloomberg.com/view/artic...onymous-enough

    Bitcoin is gonna leave a large stain on your floor Mumbles

  9. #2549
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Today's sign of the Apocolypse

    Free run to $775

    Check out this ZCash story. Up 27% today

    https://www.bloomberg.com/view/artic...onymous-enough

    Bitcoin is gonna leave a large stain on your floor Mumbles
    I've never argued that Bitcoin can't bubble. Just that strongly believing it's worthless ("donkdown"), or should be trading near $20, is ludicrously overconfident given its observed trading range.
    Last edited by MumblesBadly; 11-01-2016 at 03:24 PM.
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  10. #2550
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by MumblesBadly View Post

    I've never argued that Bitcoin can't bubble. Just that strongly believing it's worthless ("downdown"), or should be trading near $20, is ludicrously overconfident given its observed trading range.
    You're like a dog trying to get out of a pool.

    But who doesn't like a wet dog?

     
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      MumblesBadly: So, by what date will Bitcoin drop below $100 for at least a month?

  11. #2551
    Plutonium Sanlmar's Avatar
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    Sonatine, remember our boy Dread Pirate Roberts? Not the guy who took the fall for Karpeles. The other guy.

    Good times.

    Granted this is a period piece but try to wrap your mind around the potential.

    Coen Brothers to Write Internet Thriller 'Dark Web' for Fox
    http://www.hollywoodreporter.com/new...lk-road-938311

    Kisses

  12. #2552
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by MumblesBadly View Post

    I've never argued that Bitcoin can't bubble. Just that strongly believing it's worthless ("downdown"), or should be trading near $20, is ludicrously overconfident given its observed trading range.
    You're like a dog trying to get out of a pool.

    But who doesn't like a wet dog?
    A reminder of my central criticism:
    http://pokerfraudalert.com/forum/sho...l=1#post464104
    Quote Originally Posted by MumblesBadly View Post
    Bottom line? You guys are smart, know a lot about Bitcoin, but some louder ones clearly exhibit overconfidence bias in their prediction about Bitcoin's demise. And my impression is that it is likely due to what you mentioned that I bolded above. Meaning that your stated "fascination" is significantly biasing downward your assessment of Bitcoin viability.
    And a reminder of your stated "fascination":
    Quote Originally Posted by Sanlmar View Post
    As Druff points out this is a veteran (elderly) group of degens and our fascination with financial flim flam is who we are.
    Last edited by MumblesBadly; 11-02-2016 at 04:48 AM.
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  13. #2553
    Owner Dan Druff's Avatar
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    Large Indian news outlet claims BTC will reach $10k each: https://cointelegraph.com/news/large...-reach-us10000

    As a result, illicit bitcoin deals are taking place all over India:

     

    [bombay]331f664bd3d2298ee36b68009f6dc80d[/bombay]

  14. #2554
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Large Indian news outlet claims BTC will reach $10k each: https://cointelegraph.com/news/large...-reach-us10000

    As a result, illicit bitcoin deals are taking place all over India:

     

    [bombay]331f664bd3d2298ee36b68009f6dc80d[/bombay]
    The spoiler is a blank light gray square. What is it supposed to be?
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  15. #2555
    Owner Dan Druff's Avatar
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    Quote Originally Posted by MumblesBadly View Post
    Quote Originally Posted by Dan Druff View Post
    Large Indian news outlet claims BTC will reach $10k each: https://cointelegraph.com/news/large...-reach-us10000

    As a result, illicit bitcoin deals are taking place all over India:

     

    [bombay]331f664bd3d2298ee36b68009f6dc80d[/bombay]
    The spoiler is a blank light gray square. What is it supposed to be?
    Need to view it on a computer, not a phone

  16. #2556
    Plutonium sonatine's Avatar
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    http://www.businessinsider.com/xero-...kchain-2016-10

    Interesting perspective from someone who says there are cultural reasons why blockchain is generations away from being accepted.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  17. #2557
    Plutonium Sanlmar's Avatar
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    The near certain rate hike after the election is putting renewed pressure on the yaun.

    I was looking for news about the btc drop the other day. Just profit taking? This works


    Chinese Investors Buying Up Bitcoin as Yuan Falls
    https://www.google.com/amp/www.wsj.c...?client=safari

    Tick, tick, tick

  18. #2558
    Plutonium sonatine's Avatar
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    btc slow burn from like 744 to 694 in 3 days.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  19. #2559
    Platinum ftpjesus's Avatar
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    BTC back around $715. Also somebody mentioned ZCash slow crash underway. Was at 190 working its way to $140 earlier today. Predictions are a correlation maybe around 0.1BTC for ZEC

  20. #2560
    Diamond chinamaniac's Avatar
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    1 Bitcoin equals
    747.46 US Dollar


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