Page 317 of 418 FirstFirst ... 217267307313314315316317318319320321327367417 ... LastLast
Results 6,321 to 6,340 of 8350

Thread: Bitcoins are officially donkdown

  1. #6321
    Plutonium lol wow's Avatar
    Reputation
    1082
    Join Date
    Jul 2014
    Posts
    10,568
    Load Metric
    65659921
    DO NOT GET HORNSWAGGLED BY VAUGHN

  2. #6322
    Plutonium big dick's Avatar
    Reputation
    1328
    Join Date
    Feb 2013
    Location
    fuck krypt
    Posts
    11,566
    Load Metric
    65659921
    fuck you jewlips

  3. #6323
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    Quote Originally Posted by VaughnP View Post
    I could burn all the money I've used to purchase btc and ethereum and it would be no big deal, and I advise others who aren't in the same boat to stay way -- but bought more at 3600 level, more at these 3200-3300 levels. No one on here listened when I posted about Tron that then 30x, or XRP before it 12x - we're a long way from any of that (doubt that kind of climate ever returns), but I will buy BTC down to zero. Been waiting on sub 5k for almost a year. If you have money to splash around with, Bitcoin SV is a good gamble.
    Disagree about buying BTC right now. It's too unclear where it's going. This situation seems worse than just your run-of-the-mill bitcoin crash. There's a certain doom and gloom surrounding this one, including the Chinese miners giving up and abandoning equipment.

    Even some normally pro-BTC blogs are opining that it will bottom out in the $1750-$2700 range.

    Agree that Bitcoin Cash SV might be a good gamble. I've been looking at that myself. Things are crashing down hard this week for Roger Ver and Bitcoin Cash ABC (there's even a lawsuit filed against him), and SV passing ABC in value, even slightly, is a huge win for Ayre's version of the currency. If I had to pick one crypto which is most likely to rise in coming weeks, it's Bitcoin Cash SV.

    However, SV has three factors working against it. First, there is a general sour opinion of Bitcoin Cash in general right now, due to this hard fork fiasco. SV might just end up winner of the loser's bracket. Second, SV doesn't have very good acceptance yet on exchanges. For example, Gemini announced that they support ABC and are "still monitoring" SV. If SV can be accepted on exchanges at the same rate as ABC, I think it's pretty much game over for ABC, and SV will rise further. Third, all cryptos have been declining the past few weeks, so SV also has to battle that. (This last one only applies if you are using fiat currency to buy SV.)

    Long term, and even medium term, I think that all forms of Bitcoin Cash are fucked, but there might be some short term potential in SV right now.

  4. #6324
    Plutonium sonatine's Avatar
    Reputation
    7369
    Join Date
    Mar 2012
    Posts
    33,370
    Load Metric
    65659921
    Quote Originally Posted by Dan Druff View Post
    Quote Originally Posted by VaughnP View Post
    I could burn all the money I've used to purchase btc and ethereum and it would be no big deal, and I advise others who aren't in the same boat to stay way -- but bought more at 3600 level, more at these 3200-3300 levels. No one on here listened when I posted about Tron that then 30x, or XRP before it 12x - we're a long way from any of that (doubt that kind of climate ever returns), but I will buy BTC down to zero. Been waiting on sub 5k for almost a year. If you have money to splash around with, Bitcoin SV is a good gamble.
    Disagree about buying BTC right now. It's too unclear where it's going. This situation seems worse than just your run-of-the-mill bitcoin crash. There's a certain doom and gloom surrounding this one, including the Chinese miners giving up and abandoning equipment.

    Even some normally pro-BTC blogs are opining that it will bottom out in the $1750-$2700 range.

    Agree that Bitcoin Cash SV might be a good gamble. I've been looking at that myself. Things are crashing down hard this week for Roger Ver and Bitcoin Cash ABC (there's even a lawsuit filed against him), and SV passing ABC in value, even slightly, is a huge win for Ayre's version of the currency. If I had to pick one crypto which is most likely to rise in coming weeks, it's Bitcoin Cash SV.

    However, SV has three factors working against it. First, there is a general sour opinion of Bitcoin Cash in general right now, due to this hard fork fiasco. SV might just end up winner of the loser's bracket. Second, SV doesn't have very good acceptance yet on exchanges. For example, Gemini announced that they support ABC and are "still monitoring" SV. If SV can be accepted on exchanges at the same rate as ABC, I think it's pretty much game over for ABC, and SV will rise further. Third, all cryptos have been declining the past few weeks, so SV also has to battle that. (This last one only applies if you are using fiat currency to buy SV.)

    Long term, and even medium term, I think that all forms of Bitcoin Cash are fucked, but there might be some short term potential in SV right now.


    https://www.axios.com/corporate-amer...d107817ca.html


    from a month ago.

    basically a day or two before the selloffs started.
    "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

  5. #6325
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    Well I just cashed out 2.1 BTC from a poker site, so now I need to decide if I should just ship them to an exchange and cash them out, load them into a few sports accounts, or hold them like an idiot.

  6. #6326
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    Bitcoin is close to becoming worthless: https://www.marketwatch.com/story/bi...ess-2018-12-03

    I liked this line near the end:

    Indeed, while the world maybe forever be indebted to Satoshi Nakamoto for giving us a viable cryptocurrency, bitcoin may cease to exist. An improved coin might evolve, or governments might start issuing cryptocurrencies. History is full of examples of innovative companies that went bankrupt, and the “me-too” companies becoming the best investments.
    I've been saying this forever.

    Betamax was the best quality way to record live TV in the early 80s, but do you know anyone with a Betamax VCR today?

    Do you know anyone who does their computer work on an Apple II or Commodore VIC-20?

    Anyone still playing on Planet Poker or Paradise Poker?

    It's laughable how the "cryptos are gonna change the world" crowd are so high on modern coins, thinking they are going to be the future. What we've seen is the birth of a concept which may or may not catch on and become the standard for electronic payment one day. However, the current incarnation of it is very immature, and as we've seen with all the internal squabbles and hard forks, the people in charge aren't exactly natural leaders. Putting too much stock in things at present is a big mistake.

  7. #6327
    Gold SysOp's Avatar
    Reputation
    266
    Join Date
    Dec 2014
    Location
    Detroit
    Posts
    1,118
    Load Metric
    65659921
    Take your bow, sonatine

  8. #6328
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    Dumped my BTC onto 3 sportsbooks because I seriously fear going to sleep and waking up to find I've lost half my money.

     
    Comments
      
      sonatine: extremely good idea rep

  9. #6329
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    https://www.independent.co.uk/life-s...-a8675766.html

    I like how cryptocurrency "experts" are still predicting it could easily get to $250k-$500k per coin in the near future.

    Talk about delusional.

    These people want to get one last hurrah out of their "investment" because they regret not selling a year ago.

    That ship has long sailed, especially since it's been proven that much of the 2017 run-up was due to market manipulation.

     
    Comments
      
      Tellafriend:

  10. #6330
    Gold DonaldTrumpsHairPiece's Avatar
    Reputation
    234
    Join Date
    Nov 2016
    Location
    SanFran
    Posts
    2,166
    Load Metric
    65659921
    Quote Originally Posted by Dan Druff View Post
    Dumped my BTC onto 3 sportsbooks because I seriously fear going to sleep and waking up to find I've lost half my money.
    So you rather find all your money gone over several weeks or months?

  11. #6331
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    Well, surprisingly bitcoin has been kinda stable since that crash, hanging around mostly in the 3300-3400 range.

    Probably won't stay there, but it seems to have actually found a temporary support level at that value.

    What isn't stable is Bitcoin Cash.

    The two iterations of it seem like they're on a fast race to the bottom.

    After bucking the general crypto trend and rising for awhile, finally passing its rival ABC, SV has taken a dump and lost about 15% of its value, now trading at $88.

    ABC had a small resurgence and passed SV again, but now has slipped to $97.

    Together, they are now worth $185 -- the lowest we've ever seen Bitcoin Cash.

    This reminds me of a burger stand which could only barely support itself splitting off into two locations across the street from one another, and both failing to turn a profit.

    Sometimes more options really isn't a good thing.

  12. #6332
    100% Organic MumblesBadly's Avatar
    Reputation
    94
    Join Date
    Jun 2015
    Location
    In the many threads of this forum
    Posts
    9,408
    Load Metric
    65659921
    Quote Originally Posted by Dan Druff View Post
    Well, surprisingly bitcoin has been kinda stable since that crash, hanging around mostly in the 3300-3400 range.
    Do you think the dominant bitcoin traders got wind that you dumped your bitcoin recently?
    _____________________________________________
    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. #6333
    Plutonium big dick's Avatar
    Reputation
    1328
    Join Date
    Feb 2013
    Location
    fuck krypt
    Posts
    11,566
    Load Metric
    65659921
    I wish i could find a bunch of something that's worth a dime and 10 years later be worth 3400.

  14. #6334
    Plutonium sonatine's Avatar
    Reputation
    7369
    Join Date
    Mar 2012
    Posts
    33,370
    Load Metric
    65659921
    Quote Originally Posted by big dick View Post
    I wish i could find a bunch of something that's worth a dime and 10 years later be worth 3400.

    plenty of opportunities if you stay focused and follow your dreams.

    "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

  15. #6335
    Diamond Tellafriend's Avatar
    Reputation
    1581
    Join Date
    Mar 2015
    Posts
    7,080
    Load Metric
    65659921
    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by big dick View Post
    I wish i could find a bunch of something that's worth a dime and 10 years later be worth 3400.

    plenty of opportunities if you stay focused and follow your dreams.



    Stay focus yung americen idols


    Name:  iceman.jpg
Views: 370
Size:  111.5 KB

     
    Comments
      
      TheXFactor: ICE ICE BABY...

  16. #6336
    Plutonium sonatine's Avatar
    Reputation
    7369
    Join Date
    Mar 2012
    Posts
    33,370
    Load Metric
    65659921
    just leaving this here for monday morning's blood bath:

    Name:  Screen Shot 2018-12-14 at 12.23.21 PM.png
Views: 314
Size:  1.42 MB
    "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. #6337
    Owner Dan Druff's Avatar
    Reputation
    10110
    Join Date
    Mar 2012
    Posts
    54,626
    Blog Entries
    2
    Load Metric
    65659921
    BCHSV now $74.

    BCHABC now $81.

    That's $155 combined value.

    It's getting close to the point of having lose 2/3 of value combined in 1 month.

  18. #6338
    Plutonium Sanlmar's Avatar
    Reputation
    4291
    Join Date
    Mar 2013
    Posts
    21,090
    Load Metric
    65659921
    Sonatine sagely doges the Bitcoin bullet only to succumb cause he was powdering his balls.

  19. #6339
    Platinum Krypt's Avatar
    Reputation
    691
    Join Date
    Mar 2012
    Location
    Washington DC
    Posts
    4,286
    Load Metric
    65659921
    SICK BLOODBATH

  20. #6340
    Diamond Mintjewlips's Avatar
    Reputation
    -1094
    Join Date
    Jan 2016
    Posts
    6,681
    Load Metric
    65659921
    Just like your late nite rendezvous with backpage hookers (((hayooooo)))
    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

Thread Information

Users Browsing this Thread

There are currently 11 users browsing this thread. (1 members and 10 guests)

  1. YUUP

Similar Threads

  1. Matt Marafiati has officially challenged SrslySirius to a rap battle
    By NaturalBornHustler in forum Flying Stupidity
    Replies: 47
    Last Post: 10-14-2020, 09:08 AM
  2. DD seemes to be officially DD
    By Hugh Chardon in forum Flying Stupidity
    Replies: 121
    Last Post: 08-13-2014, 03:07 PM
  3. ***My Officially Official Super Bowl Pick***
    By abrown83 in forum Flying Stupidity
    Replies: 4
    Last Post: 02-03-2013, 09:51 PM
  4. IP officially DD
    By Daredevil in forum Flying Stupidity
    Replies: 6
    Last Post: 11-23-2012, 04:24 PM
  5. I officially hate Dana White now
    By shortbuspoker in forum Flying Stupidity
    Replies: 36
    Last Post: 06-05-2012, 05:57 PM

Tags for this Thread