Page 274 of 419 FirstFirst ... 174224264270271272273274275276277278284324374 ... LastLast
Results 5,461 to 5,480 of 8362

Thread: Bitcoins are officially donkdown

  1. #5461
    Gold
    Reputation
    270
    Join Date
    Jan 2013
    Posts
    2,176
    Load Metric
    68049369
    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by Krypt View Post
    ABSOLUTELY SICK BLOODBATH REVERSAL

    Name:  
Views: 
Size:
    Krypt unloads a full clip into a dead body.

    Show some respect.
    He is Persian, they lack class and respect. I don't even think they wash their hands after using the bathroom.

  2. #5462
    Hurricane Expert tgull's Avatar
    Reputation
    420
    Join Date
    Aug 2015
    Location
    Jerry Got Game
    Posts
    4,768
    Load Metric
    68049369
    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by big dick View Post
    bunch of homos jerking each other off

    ahhh shitcoins must be deflating again.

    [smart money]
    |
    V
    [institutional money]
    |
    V
    [public]
    |
    V
    [big dick]

    The big difference in all this, is there are no institutional investors, it's all a bunch of faggots trying to get rich quick and FOMO is extreme. Problem is on the leg down the retail shitbag already mortgaged his house so he has no more money. If this were traded on a legit exchange the margin calls already would have taken this to zero.

    Bitcoin is not a currency, it never was. There is no demand for crypto currency, none. So Bitcoin is an asset, but in produces NO income from it. At least Gold can be converted to jewelry and wedding rings.

    Sonatine was correct all along. He was right on Charlie Sheen, right on Prince, right on Bitcoin, wrong on Trump. 3/4 ain't bad. Just because Bitcoin went to $20K does not make him wrong. It just makes him early.

     
    Comments
      
      Tellafriend: spot on as usual
      
      BetCheckBet: coherent

  3. #5463
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by Krypt View Post
    ABSOLUTELY SICK BLOODBATH REVERSAL

    Name:  
Views: 
Size:
    Krypt unloads a full clip into a dead body.

    Show some respect.
    "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

  4. #5464
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    Quote Originally Posted by tgull View Post
    Quote Originally Posted by sonatine View Post


    ahhh shitcoins must be deflating again.

    [smart money]
    |
    V
    [institutional money]
    |
    V
    [public]
    |
    V
    [big dick]

    The big difference in all this, is there are no institutional investors, it's all a bunch of faggots trying to get rich quick and FOMO is extreme. Problem is on the leg down the retail shitbag already mortgaged his house so he has no more money. If this were traded on a legit exchange the margin calls already would have taken this to zero.

    Bitcoin is not a currency, it never was. There is no demand for crypto currency, none. So Bitcoin is an asset, but in produces NO income from it. At least Gold can be converted to jewelry and wedding rings.

    Sonatine was correct all along. He was right on Charlie Sheen, right on Prince, right on Bitcoin, wrong on Trump. 3/4 ain't bad. Just because Bitcoin went to $20K does not make him wrong. It just makes him early.

    placeholder to remind me to rep in 5 hours and edit this post so its another picture of a magical pony.
    "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. #5465
    Gold
    Reputation
    270
    Join Date
    Jan 2013
    Posts
    2,176
    Load Metric
    68049369
    Quote Originally Posted by tgull View Post
    Quote Originally Posted by sonatine View Post


    ahhh shitcoins must be deflating again.

    [smart money]
    |
    V
    [institutional money]
    |
    V
    [public]
    |
    V
    [big dick]

    The big difference in all this, is there are no institutional investors, it's all a bunch of faggots trying to get rich quick and FOMO is extreme. Problem is on the leg down the retail shitbag already mortgaged his house so he has no more money. If this were traded on a legit exchange the margin calls already would have taken this to zero.

    Bitcoin is not a currency, it never was. There is no demand for crypto currency, none. So Bitcoin is an asset, but in produces NO income from it. At least Gold can be converted to jewelry and wedding rings.

    Sonatine was correct all along. He was right on Charlie Sheen, right on Prince, right on Bitcoin, wrong on Trump. 3/4 ain't bad. Just because Bitcoin went to $20K does not make him wrong. It just makes him early.
    Only financial advisor touts use that line "I'm not wrong, I'm just early." Peter Schiff is famous for using that line. If you took sonatines advice and shorted BTC, you would be bankrupt. So how was he right?

  6. #5466
    Hurricane Expert tgull's Avatar
    Reputation
    420
    Join Date
    Aug 2015
    Location
    Jerry Got Game
    Posts
    4,768
    Load Metric
    68049369
    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by tgull View Post


    The big difference in all this, is there are no institutional investors, it's all a bunch of faggots trying to get rich quick and FOMO is extreme. Problem is on the leg down the retail shitbag already mortgaged his house so he has no more money. If this were traded on a legit exchange the margin calls already would have taken this to zero.

    Bitcoin is not a currency, it never was. There is no demand for crypto currency, none. So Bitcoin is an asset, but in produces NO income from it. At least Gold can be converted to jewelry and wedding rings.

    Sonatine was correct all along. He was right on Charlie Sheen, right on Prince, right on Bitcoin, wrong on Trump. 3/4 ain't bad. Just because Bitcoin went to $20K does not make him wrong. It just makes him early.
    Only financial advisor touts use that line "I'm not wrong, I'm just early." Peter Schiff is famous for using that line. If you took sonatines advice and shorted BTC, you would be bankrupt. So how was he right?
    I don't daytrade long and shorts anymore. I did that circa 1999 on dotcoms and for like a year or two I was really, really smart. Then I was really dumb in 2002. What people are doing with Bitcoin is simply casino roulette with worse long term odds. I just think its hilarious people think its anything otherwise. Digital gold, Digital gold.

  7. #5467
    Plutonium big dick's Avatar
    Reputation
    1328
    Join Date
    Feb 2013
    Location
    fuck krypt
    Posts
    11,566
    Load Metric
    68049369
    you're stilll dumb

  8. #5468
    Gold
    Reputation
    270
    Join Date
    Jan 2013
    Posts
    2,176
    Load Metric
    68049369
    Quote Originally Posted by tgull View Post
    Quote Originally Posted by snake_in_the_ass View Post

    Only financial advisor touts use that line "I'm not wrong, I'm just early." Peter Schiff is famous for using that line. If you took sonatines advice and shorted BTC, you would be bankrupt. So how was he right?
    I don't daytrade long and shorts anymore. I did that circa 1999 on dotcoms and for like a year or two I was really, really smart. Then I was really dumb in 2002. What people are doing with Bitcoin is simply casino roulette with worse long term odds. I just think its hilarious people think its anything otherwise. Digital gold, Digital gold.
    Back to the "I'm not wrong, I'm just early" statement. Reminds me of the NFL touts who sell picks. Say they say take the Eagles +4.5 in the Superbowl and they have 4 turnovers and lose the game by 5. The tout will never say, "Sorry, I made a bad pick." They will say "you can't handicap turnovers." That is exactly like saying "I am not wrong, I am just early." Only frauds say that line.

  9. #5469
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by tgull View Post

    I don't daytrade long and shorts anymore. I did that circa 1999 on dotcoms and for like a year or two I was really, really smart. Then I was really dumb in 2002. What people are doing with Bitcoin is simply casino roulette with worse long term odds. I just think its hilarious people think its anything otherwise. Digital gold, Digital gold.
    Back to the "I'm not wrong, I'm just early" statement. Reminds me of the NFL touts who sell picks. Say they say take the Eagles +4.5 in the Superbowl and they have 4 turnovers and lose the game by 5. The tout will never say, "Sorry, I made a bad pick." They will say "you can't handicap turnovers." That is exactly like saying "I am not wrong, I am just early." Only frauds say that line.

    yeah tgull, because if there is one person you want to modulate your opinions for, its the guy who managed to profit off a ponzi scheme because he listened to my advice and got out early, but hates me for being right.


     
    Comments
      
      snake_in_the_ass: love you Sonatine. Bitcoin's #1 bear says BTC going to $60,000 = sell signal. Thanks!
    "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

  10. #5470
    Gold Forum Wars's Avatar
    Reputation
    1299
    Join Date
    Dec 2012
    Posts
    1,683
    Load Metric
    68049369
    More Pets.com symmetry:

    Second commercial after the national anthem at the Super Bowl = TD Ameritrade. Ends commercial with:

    "Bitcoin futures now available".



    Society is doomed.

  11. #5471
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    Quote Originally Posted by Forum Wars View Post
    More Pets.com symmetry:

    Second commercial after the national anthem at the Super Bowl = TD Ameritrade. Ends commercial with:

    "Bitcoin futures now available".



    Society is doomed.

    lol also society:

    Lloyds Bank to ban credit card owners from buying cryptocurrencies

    https://www.reuters.com/article/us-l...-idUSKBN1FO0UL
    "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

  12. #5472
    Gold Forum Wars's Avatar
    Reputation
    1299
    Join Date
    Dec 2012
    Posts
    1,683
    Load Metric
    68049369
    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by Forum Wars View Post
    More Pets.com symmetry:

    Second commercial after the national anthem at the Super Bowl = TD Ameritrade. Ends commercial with:

    "Bitcoin futures now available".



    Society is doomed.

    lol also society:

    Lloyds Bank to ban credit card owners from buying cryptocurrencies

    https://www.reuters.com/article/us-l...-idUSKBN1FO0UL
    Yeah, that matches JP Morgan Chase, Bank of America, and Citi, who also announced this weekend. (Capital One and Discover had already enacted their own bans.)

    Talk about a concerted effort...I believe debit cards are OK though.

    http://fortune.com/2018/02/04/banks-...n-credit-card/


    "The moves are above all in the banks’ self-interest. As Fortune previously reported, the mania surrounding cryptocurrency late last year appears to have motivated many retail investors to use credit cards as leveraging tools, buying more cryptocurrency than they could afford. With Bitcoin down roughly 50% from December highs, many of those investors are likely underwater right now, and may not be able to pay off their initial Bitcoin purchases soon, if ever."


    I can't imagine the sickness of buying BTC on credit at $19,000 and watching this past month unfold not knowing how you're gonna pay.

  13. #5473
    Gold Forum Wars's Avatar
    Reputation
    1299
    Join Date
    Dec 2012
    Posts
    1,683
    Load Metric
    68049369
    Half Time graded Bitcoin-only Sportsbook payouts with people scramblin?:

    Name:  BTC_Pressure.png
Views: 351
Size:  68.1 KB

  14. #5474
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    Quote Originally Posted by Forum Wars View Post


    "The moves are above all in the banks’ self-interest. As Fortune previously reported, the mania surrounding cryptocurrency late last year appears to have motivated many retail investors to use credit cards as leveraging tools, buying more cryptocurrency than they could afford. With Bitcoin down roughly 50% from December highs, many of those investors are likely underwater right now, and may not be able to pay off their initial Bitcoin purchases soon, if ever."


    I can't imagine the sickness of buying BTC on credit at $19,000 and watching this past month unfold not knowing how you're gonna pay.






    "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. #5475
    Platinum BetCheckBet's Avatar
    Reputation
    931
    Join Date
    Mar 2012
    Posts
    4,657
    Load Metric
    68049369
    Quote Originally Posted by Forum Wars View Post
    Half Time graded Bitcoin-only Sportsbook payouts with people scramblin?:

    Name:  BTC_Pressure.png
Views: 351
Size:  68.1 KB
    in all fairness that's normal variance for bitcoin.

    Market depth still terrible though and could easily see bitcoin at 5-6k by end of the week.

  16. #5476
    Bronze
    Reputation
    109
    Join Date
    Mar 2012
    Posts
    377
    Load Metric
    68049369
    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by monsterj View Post

    The people holding Spot(the public). The market makers will trade with you as long as they can sell on spot and buy futures. This is the pressure of the tail wagging the dog.
    So they are selling on an exchange and then shorting an equivalent amount on the futures? Why not just short on gdax with an institutional account? Never played with futures.
    They dont use gdax. They use OTC call around brokers.

  17. #5477
    Gold Forum Wars's Avatar
    Reputation
    1299
    Join Date
    Dec 2012
    Posts
    1,683
    Load Metric
    68049369
    Quote Originally Posted by BetCheckBet View Post

    in all fairness that's normal variance for bitcoin.

    Market depth still terrible though and could easily see bitcoin at 5-6k by end of the week.
    Pretty much. I've been witholding posting any more "charts" because it makes some people on here mad...
    Last edited by Forum Wars; 02-04-2018 at 06:42 PM.

  18. #5478
    Plutonium sonatine's Avatar
    Reputation
    7375
    Join Date
    Mar 2012
    Posts
    33,431
    Load Metric
    68049369
    charts are making people mad?


    well then!





    Rumor is that was Micon cashing out to finish paying his lawyer but

    "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. #5479
    Plutonium big dick's Avatar
    Reputation
    1328
    Join Date
    Feb 2013
    Location
    fuck krypt
    Posts
    11,566
    Load Metric
    68049369
    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by tgull View Post


    The big difference in all this, is there are no institutional investors, it's all a bunch of faggots trying to get rich quick and FOMO is extreme. Problem is on the leg down the retail shitbag already mortgaged his house so he has no more money. If this were traded on a legit exchange the margin calls already would have taken this to zero.

    Bitcoin is not a currency, it never was. There is no demand for crypto currency, none. So Bitcoin is an asset, but in produces NO income from it. At least Gold can be converted to jewelry and wedding rings.

    Sonatine was correct all along. He was right on Charlie Sheen, right on Prince, right on Bitcoin, wrong on Trump. 3/4 ain't bad. Just because Bitcoin went to $20K does not make him wrong. It just makes him early.
    Only financial advisor touts use that line "I'm not wrong, I'm just early." Peter Schiff is famous for using that line. If you took sonatines advice and shorted BTC, you would be bankrupt. So how was he right?
    So far he couldn't be more wrong. It's at 8K not zero you are just making yourself look like a jackass IF IT GOES TO ZERO OR EVEN 1K YOU HAVE ALL THE RIGHT IN THE WORLD TO TALK SHIT but not when it's @ 8k and was @ 400 last year. Surely you see how this would make you look like a shit talking schmuck right?

  20. #5480
    Plutonium big dick's Avatar
    Reputation
    1328
    Join Date
    Feb 2013
    Location
    fuck krypt
    Posts
    11,566
    Load Metric
    68049369
    caps were an accident btw but lol how they kinda fit in perfectly

Thread Information

Users Browsing this Thread

There are currently 9 users browsing this thread. (0 members and 9 guests)

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