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Thread: Bitcoins are officially donkdown

  1. #701
    Plutonium sonatine's Avatar
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    btc at 420 Name:  mY1o98d.gif
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      bukowski72: ricky miartha o shea is here to defend LOL
    "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

  2. #702
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    so Michael Conley who started the micon nevada trust actually knows Bryan Micon? and Mi Con is the first letters of Michael Conley's name?

    That's kinda strange.

  3. #703
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    Quote Originally Posted by sonatine View Post
    btc at 420 Name:  mY1o98d.gif
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    I can see how you would defend your original post
    but shut the fuck up for a week or two please.

    You talk out of your ass enough about several topics, Bitcoins the latest.

    Stick to reviews of three cheese crust pizza and committing to never take your shirt off in public.

     
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      bukowski72: sonatine on the right path as little rick folds

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    Quote Originally Posted by Texter View Post
    so Michael Conley who started the micon nevada trust actually knows Bryan Micon? and Mi Con is the first letters of Michael Conley's name?

    That's kinda strange.
    My buddy said something about this and I thought he was referring to mycon. Weird

  5. #705
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    $470 this time yesterday and looking like a bloodbath.
    $710 right now and the market looks bullish... go figure.

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    Quote Originally Posted by Spookygook View Post
    Quote Originally Posted by Texter View Post
    so Michael Conley who started the micon nevada trust actually knows Bryan Micon? and Mi Con is the first letters of Michael Conley's name?

    That's kinda strange.
    My buddy said something about this and I thought he was referring to mycon. Weird

    so anyone who actually believe micon owes a million dollar property isn't paying attention.

  7. #707
    Platinum JimmyG_415's Avatar
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    Quote Originally Posted by Texter View Post
    Quote Originally Posted by Spookygook View Post

    My buddy said something about this and I thought he was referring to mycon. Weird

    so anyone who actually believe micon owes a million dollar property isn't paying attention.
    This is a hard thread to follow if you don't give a shit about them, so what are you saying?

    That real successful rich guy said he sold it to Micon, right?
    You calling him a liar?

  8. #708
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    You really have to be the ultimate gambler to bet on bitcoins. By all accounts they can't even be used for shady shit, let alone real time commerce. The value bounces so much, as a merchant you cannot in good faith process a transaction on a currency float that can swing 20% in an hour, let alone a day.

    I get the fact there is an allure with a token going up and down at a moment's notice. The fact remains 99% of the time penny stock traders go broke. And 99% of bitcoiners will go broke.

    No, you are not smarter than everyone else.

  9. #709
    Diamond TheXFactor's Avatar
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    Quote Originally Posted by Texter View Post
    so Michael Conley who started the micon nevada trust actually knows Bryan Micon? and Mi Con is the first letters of Michael Conley's name?

    That's kinda strange.
    I doubt it has anything to do with Bryan Micon.

    The property was bought back in August of 2005 for $1,230,000.

    Micon was living in a shitty apartment during that time.


    Micon better sell all his Bitcoins soon, before the price gets to zero.



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    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Now take everything you own and buy at $585
    I'm out at $695. +$110. Forex.

    Glad I don't have to live in China's basement.

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    Still looking like it wants to do more. Cup and handle breakout up. But risk / reward not there in my view. Prolly, just gather itself for a bit at or near this price.

    It was very difficult to ignore all the noise. I deliberately went dark to avoid the hysteria about the obvious move. Crowd is usually wrong.

    i was honestly a little embarrassed about my call. Sometimes you stubbornly hold on just cause you don't want to book a loss, that was part of why I held. Nevertheless, I felt I was right simply on the pattern.

    Hugely oversold regardless of the reason. Three big down days. Retracement usually follows - risk/reward was there.
    Last edited by Sanlmar; 12-19-2013 at 02:04 PM.

  11. #711
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Sanlmar View Post
    It may go below $600 in an exhaustion move.... But I would buy at $585 huge for bounce +100
    Kind of proud of the call with price target too.

     
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      Prodigal son: Savant rep

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    Serial Blogger BeerAndPoker's Avatar
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    Over $700 again. Micon can exhale and bang his wife in peace without pausing to refresh his iphone to check the latest bitcoin price every 60 seconds.

  13. #713
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by BeerAndPoker View Post
    Over $700 again. Micon can exhale and bang his wife in peace without pausing to refresh his iphone to check the latest bitcoin price every 60 seconds.
    Well, that would be 60 seconds of relief only.

    The trend is obviously down. This is an expiring bubble. We all know that. He knows that. There is no plausible argument to be made when viewing the chart for a $2000 price for instance.

    Their will be nice swing trades to be made as things get sorted out. Long term holders are just delusional.

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    Diamond TheXFactor's Avatar
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    The Definitive History of Bitcoin

    http://www.visualcapitalist.com/wp-c...nfographic.jpg

  15. #715
    Plutonium sonatine's Avatar
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    Its an investor driven market thats exhausted its possible investors.
    "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

  16. #716
    Plutonium sonatine's Avatar
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    I did read an interesting interview with Micon where he was like "It could go boom, it could turn to nothing."

    Which reminded me of something that Bitcoin Jesus guy said which resonated; "The price could go up or go down, but thats not really the point."
    "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

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    Quote Originally Posted by Pooh View Post
    So, Mr. Conley purchased it in 2005 for $1,250,000, then sold it that day to his wife, then their Trust sold it to Micon's Trust 8 years later for $270K.



    Edit: I dont know LV real estate, but that housing style seems very cold and almost like an Iraqi prison camp.

  19. #719
    Plutonium sonatine's Avatar
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    http://www.zillow.com/homedetails/79...52408656_zpid/

    Lets take a moment out of our busy days to have a cup of Sanka and virtually stroll through Micon's home.

     
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      Sanlmar: Iraqi prison camps have granite countertops?
      
      Avon Barksdale: this guy
    "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

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    Quote Originally Posted by DRK Star View Post
    Quote Originally Posted by Pooh View Post
    So, Mr. Conley purchased it in 2005 for $1,250,000, then sold it that day to his wife, then their Trust sold it to Micon's Trust 8 years later for $270K.



    Edit: I dont know LV real estate, but that housing style seems very cold and almost like an Iraqi prison camp.

    Michael Conley has nothing to do with micon nor does he know micon, he just named his latest trust MICON due to his name being MIchael CONley...someone found the info and is pulling a sweet level.

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