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Quote:
Originally Posted by chinamaniac
Chicago Poker Player and Bitcoin advocate jumps from 10th floor Horseshoe Hammond hotel window
Larry plays role of grieving widow
You guys are just gonna love this movie.
The Bitcoin folk feeling the very same euphoria and smug self righteousness Bernie's investors felt...
Read an article about Madoff cornering the hot chocolate market in prison.
Quote:
Originally Posted by SanlmarQuote:
Originally Posted by chinamaniac
Chicago Poker Player and Bitcoin advocate jumps from 10th floor Horseshoe Hammond hotel window
Larry plays role of grieving widow
You guys are just gonna love this movie.
The Bitcoin folk feeling the very same euphoria and smug self righteousness Bernie's investors felt...
Read an article about Madoff cornering the hot chocolate market in prison.
What I find interesting is that this is an unprecedented period of growth without any of the telltale divots that we traditionally associate with manipulation vis a vis pump and dump frequency hacks so on.
More importantly, yeah that movie looks pretty good.
There is no "real" speculation (long term hold) going on for the most part. Any time now the Chinese will yank out their profits and the average speculator will get stuck. Rinse and repeat because with this group you have built in propaganda and conspiracy to feed the flames.
My guess is it loses several hundred day after day at some point soon because after all, more expensive BTC is only good to sell and have REAL dollah bills, that is the point. The trading is no indication of support for cashless society free of government, its all business.
If there was no real money to be made this made up digital math solving some how equates to value BS wouldn't get a second look.
The blockchain is the prize, not half the BTC created. The other half belong to a few.
The only thing worth anything is labor, these fake alchemist will never learn.
Not the same at all. Anyone who has bought into BTC with the assumption there is even a double digit chance of it booming to 5k has been scammed, granted. Anyone using it as a 2-5yr investment tool (from herein) has been brainwashed.Quote:
Originally Posted by SanlmarQuote:
Originally Posted by chinamaniac
Chicago Poker Player and Bitcoin advocate jumps from 10th floor Horseshoe Hammond hotel window
Larry plays role of grieving widow
You guys are just gonna love this movie.
The Bitcoin folk feeling the very same euphoria and smug self righteousness Bernie's investors felt...
Read an article about Madoff cornering the hot chocolate market in prison.
The main difference between cryto speculation's potential to cause The Emperor's New Clothes effect and a complex Ponzi scheme that intersected with a corrupted rating and swap system is that people who own BTC can take out their money now, while it appears to be plateaueing and at a momentary peak.
BTC may end up becoming a game of hot potato for some of the whales but I've never owned more than a few dozen coins, so it really doesn't have anything to do with me.
Quote:
Originally Posted by sonatine
easy mark. sfo.
t-minus 61 minutes until china wakes up and starts panic selling.
Lol at quoting yourself in hindsight, just fucking hilarious.
We may agree here. SELL!!!!!!!Quote:
Originally Posted by sonatine
Coinbase was $50 more per coin than Bitstamp all week until this morning. That was a signal that demand was slowing down and sure enough there was a selloff. Same thing happened with $GBTC. $GBTC trades on the stock market and each share represents .093 bitcoin. Earlier in the week, fair value for 1 share was $160 but $GBTC was trading at $260. People wanted bitcoin so bad that they were willing to buy shares that were 60% overvalued! A lot of that premium got flushed out yesterday and today which hinted of the pending selloff. $GBTC is still overvalued, it closed at $188 but fair value as of right now is $158.
No one ever gives President Trump...................s hair piece any credit.
If anyone wants to sell BTC now, I'm buying. $200 minimum
Market rate. No markup either side.
PM me.
The next 24 hours will be interesting, especially the next few but no way the coin could continue to trend upward with barely any hiccups as it did from $1200 to $1800+.
UH OH druff got a jew tip....
Quote:
Originally Posted by BeerAndPoker
which means, of course, it will do exactly that.
Quote:
Originally Posted by sonatineQuote:
Originally Posted by BeerAndPoker
which means, of course, it will do exactly that.
I feel like you are flip flopping again lol
Take a side up up up or up down up down...up?
Quote:
Originally Posted by DonaldTrumpsHairPieceQuote:
Originally Posted by sonatine
I feel like you are flip flopping again lol
Take a side up up up or up down up down...up?
No, I don't think that's fair. I believe the stance of Sonatine, and many others, is that it's a house of cards and that one day the ceiling is going to cave in. The speculation of price seems to exist separate, so while I don't think BTC is donk - having confidence in it goes beyond just thinking it will trend upward for the short term.
I feel the same way just read my 2nd to last post above.
That no one gives Trump's hair any credit?Quote:
Originally Posted by DonaldTrumpsHairPiece
Above are 4 of the same breed of moron.
Yes it will go down one of these days.
Yes every currency will collapse at one point. Even Silver and Gold do this!
Make specific claims about what will or will not happen, or otherwise the sentiment is a big waste of time.
People have been saying "BTC will collapse" for years now. People will continue to say this for years. All that changes is the prices at the time.
Crypto-currencies are not going away anytime soon. The utility is just too much. The haters never understand the utility.
The market cap isn't that big when you are looking at it globally.
I'm convinced ETH will slowly take over though, so I'm no longer big into the buying and holding of BTC.
One above that lolQuote:
Originally Posted by GringoStarThat no one gives Trump's hair any credit?Quote:
Originally Posted by DonaldTrumpsHairPiece
You stepped out of your bullshit thread to step into here and call me a moron...Quote:
Originally Posted by donkdowndonedied
Here's a little piece of advice you piece of shit. When you accuse me of stepping into something and talking without updating myself first, you should avoid doing the same exact thing directly afterwards.
I'm a moron, yet I've been correct about BTC since late 2016 and essentially have said what you said here, only my sysnopsis doesn't reveal my amateurish understanding of crypto.
I'll wait for you and Lurker to come scold me without providing anything of substance. You're lucky we are cross swords on the internet, you scumbag.
1 Bitcoin equalsQuote:
Originally Posted by chinamaniac
1988.00 US Dollar
1 Bitcoin equals
2075.47 US Dollar
:boom
1 Bitcoin equals
2132.85 US Dollar
:ohh
You're a mentally unstable freak. I don't even think I was referring to you, although you are obviously trying really really hard.Quote:
Originally Posted by GringoStarYou stepped out of your bullshit thread to step into here and call me a moron...Quote:
Originally Posted by donkdowndonedied
Here's a little piece of advice you piece of shit. When you accuse me of stepping into something and talking without updating myself first, you should avoid doing the same exact thing directly afterwards.
I'm a moron, yet I've been correct about BTC since late 2016 and essentially have said what you said here, only my sysnopsis doesn't reveal my amateurish understanding of crypto.
I'll wait for you and Lurker to come scold me without providing anything of substance. You're lucky we are cross swords on the internet, you scumbag.
I don't care if you've been correct about something since late 2016. BTC was around way before that. Your point?
I wouldn't be so sure that there is a < 1 in 10 chance of BTC breaking 5k, but we'll see.
I'm a "scumbag" and a "piece of shit" LMAO. Get some meds and QUICK.
Quote:
Originally Posted by donkdowndonediedYou're a mentally unstable freak. I don't even think I was referring to you, although you are obviously trying really really hard.Quote:
Originally Posted by GringoStar
I don't care if you've been correct about something since late 2016. BTC was around way before that. Your point?
I wouldn't be so sure that there is a < 1 in 10 chance of BTC breaking 5k, but we'll see.
I'm a "scumbag" and a "piece of shit" LMAO. Get some meds and QUICK.
Bitcoin approaching $2200. But heres the interesting note ETH is also racing towards $200 as we speak as of now its at 171.90 up almost $10 in the last hour and nearly $43 since yesterday.. Meanwhile LTC is actually dropping around $24 when it was over $30 only a few days ago. So not all the cryptos are exploding upwards
If you are to look at the post that Gringo is talking about, you will see I told everyone to switch over to ETH. I never told anyone to ever buy LTC.Quote:
Originally Posted by ftpjesusQuote:
Originally Posted by donkdowndonedied
Bitcoin approaching $2200. But heres the interesting note ETH is also racing towards $200 as we speak as of now its at 171.90 up almost $10 in the last hour and nearly $43 since yesterday.. Meanwhile LTC is actually dropping around $24 when it was over $30 only a few days ago. So not all the cryptos are exploding upwards
Actually, I didn't tell everyone to switch over to ETH, but I let it be known thats what I'd do. <whistles>
Latest BTC price action article from CNBC
"Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas."
"....The two Papa John's pizzas would now cost $21.8 million at current bitcoin prices"
I've made roughly 120% return on eth margin trading eth. Eth is a goldmine. While I don't see it happening too soon, BTC will ultimately cease to be what it is today. It has no choice. Rewards are lowering, transactions are slowing immensely, and interest in PoW crypto is tanking. It may be signaling segwit or a hard fork or a soft fork but major changes and updates need made to BTC.
In regards to ETH, I see this being the model moving forward. A lot of new currencies are basing off of it and a lot of big companies already support it. Huge announcement this week are expected which is why the price is freaking out.
Avoid ripple and stellar. Those are under heavy debate on whether it should even be embraced as it's nothing decentralized.
Except people were saying this even at 1200 just a month or two ago... When exactly is this suppose to fall and to what levels? At this point even if it drops by 1200$ its still a big markup from last year. For it to truly represent that graph we need it to fall to like 500-600$ which seems pretty unlikely at this point.Quote:
Originally Posted by Daly
Bitcointalk would literally see tears when this corrects.
Most of guys there got in at sub 100. the long term bitcoin investors will have made millions by now no matter what. Its the general public who are jumping on the band wagon who will be hit hard.Quote:
Originally Posted by DonaldTrumpsHairPiece
I was first in with this. Posted 11-30-13 Looked like genius at the time
Working on some bullshit to spew but right now I got nothing.
Quote:
Originally Posted by SanlmarTrying to call the top is a fools game - and I am guilty here.
My current paranoia is that people are using this as a tax haven - like an old time Swiss bank account. There aren't enough Bitcoins to accommodate real wealth and this could jack BTC to the moon.
The Lifecycle of a Bubble
Thought this chart was interesting. Do the fingerprints match?
Thread has been god.
From 1-6-2014
Quote:
Originally Posted by SanlmarSonatine: You're making a run at it, aren't you?Quote:
Originally Posted by Salty_Aus
Rolling up a stake and going to $2000
I'm right, right?
Bitcoin: I can beat the game. - Maybe.
I've been pulling all the data from exchanges via their apis for a few months now. I have records as far back as the exchanges go. This could be a bubble, but a lot of the latest activity appears to be new money entering the markets. Typically coins follow a pattern with rise and fall of Bitcoin because most money in the markets is static, no money really entering and none really leaving. What we are seeing now is an anomaly, but like I said it appears to be new money entering. The price is obviously inflated and will be corrected, but I don't think it will be as drastic as a bubble.
To compare, look at housing prices in HK. It's a "bubble" that people have been saying is going to burst for over a decade now, and it's not slowing yet because new money in China sees HK real estate as an easy way to hide capital and still earn on it.
Also, through discussions with others, it appears as if the tightening restrictions on BTC in China has actually increased demand because people want their money out of China. There's a lot of money there.
Right now it's 40% Japan new money.
There is talk the SEC might flip on the notion of the ETF's. Finally, a reasonable opportunity to short might emerge.
Makeitso
Also the difference between now and then is that this is almost an 80 billion dollar market now, and there's more coins with big investments with actual utility other than a ledger and antithesis of fiat.Quote:
Originally Posted by SanlmarI was first in with this. Posted 11-30-13 Looked like genius at the time
Working on some bullshit to spew but right now I got nothing.
Quote:
Originally Posted by SanlmarTrying to call the top is a fools game - and I am guilty here.
My current paranoia is that people are using this as a tax haven - like an old time Swiss bank account. There aren't enough Bitcoins to accommodate real wealth and this could jack BTC to the moon.
The Lifecycle of a Bubble
Thought this chart was interesting. Do the fingerprints match?
The one definitive thing about this thread is that Nado Dave is winning the thread tag battle.