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Thread: Bitcoins are officially donkdown

  1. #6801
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Gordman View Post
    It looks to me like the next pump-and-dump "crypto boom" is underway, more or less like the 2017 p&d.

    Obv many shitcoins are being pumped atm.

    I mean, when you have lol shitcoins like Dogecoin spiking...

    And you also have others with ludicrous and unsustainable market caps (e.g. XRP) being driven up...

    ...you know where all of this is going to end, probably in a few months once the new year is underway...

    SFO
    As my attention is held by survival at the moment I have lost track but this I know....

    The bitcoin origin story was about a controlled supply of currency. We are faced with an inflationary period that won’t be felt by the average rabble for another 7 months by my reckoning.

    So bitcoin as an inflationary hedge is a fresh look on what was previously just a means to speculate (gamble).

    Gold sold off while btc peaks. Hmmmm.

    Dollar is poised to drill new lows though so if you are a believer - bitcoin’s time to actually carry out its mission is now. It’s a fresh storyline.

    I wouldn’t short it now. This isn’t about right or wrong. They need shorts for fuel.

  2. #6802
    Puts His Dick in the Mashed Potatoes
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    Quote Originally Posted by Gordman View Post
    It looks to me like the next pump-and-dump "crypto boom" is underway, more or less like the 2017 p&d.

    Obv many shitcoins are being pumped atm.

    I mean, when you have lol shitcoins like Dogecoin spiking...

    And you also have others with ludicrous and unsustainable market caps (e.g. XRP) being driven up...

    ...you know where all of this is going to end, probably in a few months once the new year is underway...

    SFO
    Leave my ripple alone. Daddy is thiiiis close to buying a brava and an electric corvette.

  3. #6803

  4. #6804
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by rum dick View Post
    Leave my ripple alone. Daddy is thiiiis close to buying a brava and an electric corvette.

    I heard GM appropriated most of the corvette engineering talent and moved them to autonomous driving and electric vehicles. There is going to be a period of corvette fail. Hang in there.

    My heart skipped a beat when I read this though.

  5. #6805
    Plutonium Sanlmar's Avatar
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    She’s gonna take half your stuff.

     
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      Tellafriend: Good one

  6. #6806
    Platinum Krypt's Avatar
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    Quote Originally Posted by Krypt View Post
    I'm short btc @ 19,150
    Full position and will hold despite nice paper gain

  7. #6807
    Owner Dan Druff's Avatar
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    Boy was I right about the collapse at the mid-19000s mark.

    Unfortunately it happened while I wasn't looking. It had held around 19,000 flat for a little while, so I figured I'd wait for it to start rising again, then dump. Sure enough, it rose to 19,400 and then crashed.

    The next rise may bring it over 20k, though, so buckle up.

  8. #6808
    Platinum Krypt's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Boy was I right about the collapse at the mid-19000s mark.

    Unfortunately it happened while I wasn't looking. It had held around 19,000 flat for a little while, so I figured I'd wait for it to start rising again, then dump. Sure enough, it rose to 19,400 and then crashed.

    The next rise may bring it over 20k, though, so buckle up.

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  10. #6810
    Plutonium sonatine's Avatar
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    "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

  11. #6811
    aka PP23 badguy23's Avatar
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    Quote Originally Posted by Dan Druff View Post
    You should of paid the freeroll winners you wouldnt of lost as much you fucking Jew bastard

  12. #6812
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Krypt View Post
    Quote Originally Posted by Krypt View Post
    I'm short btc @ 19,150
    Full position and will hold despite nice paper gain
    Incredible

  13. #6813
    aka PP23 badguy23's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Boy was I right about the collapse at the mid-19000s mark.

    Unfortunately it happened while I wasn't looking. It had held around 19,000 flat for a little while, so I figured I'd wait for it to start rising again, then dump. Sure enough, it rose to 19,400 and then crashed.

    The next rise may bring it over 20k, though, so buckle up.
    Its not maybe and wont be long

  14. #6814
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by rum dick View Post
    Leave my ripple alone. Daddy is thiiiis close to buying a brava and an electric corvette.

    I heard GM appropriated most of the corvette engineering talent and moved them to autonomous driving and electric vehicles. There is going to be a period of corvette fail. Hang in there.

    My heart skipped a beat when I read this though.
    Have you seen the brand new corvettes? They look incredible. Like Ferrari’s.

  15. #6815
    Owner Dan Druff's Avatar
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    Was I right about the $20k resistance point, or what? I didn't panic after the first almost-20k crash, let it rise back over 19k, and sold.

    We still haven't seen $20k. Now it's crashed and is slightly under $18k.

    I bailed out at the right time at $19200 or so.

  16. #6816
    Plutonium sonatine's Avatar
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    to all the people who bought bitcoin in december of 2017, congrats on finally eeking out a profit.
    "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. #6817
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    Quote Originally Posted by sonatine View Post
    to all the people who bought bitcoin in december of 2017, congrats on finally eeking out a profit.
    And to the people who bought in March that eeked out 5x.

     
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      sonatine: lol suckers

  18. #6818

  19. #6819
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    Anyone in for a friendly 1k-2k holdem game tonight?

  20. #6820
    Gold MrTickle's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Was I right about the $20k resistance point, or what? I didn't panic after the first almost-20k crash, let it rise back over 19k, and sold.

    We still haven't seen $20k. Now it's crashed and is slightly under $18k.

    I bailed out at the right time at $19200 or so.

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