Bitcoins are officially donkdown

[Sanlmar]

Who was the Jeopardy kid that was a currency trader and poker player. The unibomber. Etc etc.

So funny how I’ve blocked it all out. Maybe Alzheimer’s

You're talking about Alex Jacob, the jeopardy player and currency trader. Very smart (but quiet) guy who is in a dysfunctional relationship/marriage with a girl he's been with since high school.

The Unabomber (poker player) is someone completely different -- Phil Laak. He's a charismatic degenerate who has been in a long relationship with Jennifer Tilly, who is like 13 years his senior.

Alex Jacob was a great story.

Laak was Wall Street. I don’t know if he was just a white collar.

There were plenty more.

I’ll say this. When this thread started I was the only guy posting charts. Now even Druff is reading charts and ciphering resistance and support.

It’s not rocket science on my or anyone’s part ... but who ever looked at a chart on a day by day basis before bitcoin.

A whole new generation of degenerates has been hatched. They ain’t gonna stop with bitcoin. They’ll get crushed elsewhere too - at first anyway.

It’s interesting to think about.

[Dan Druff]

Alex Jacob was a great story.

Laak was Wall Street. I don’t know if he was just a white collar.

There were plenty more.

Always liked Laak. Nice, personable guy, and not the slightest bit arrogant.

I remember after he blew up huge and became a big name in poker, and I was walking around with Micon during the WSOP.

Laak saw us and was just so excited. Hung out with us during the break, and at the end, he insisted that he wanted a picture with us. Anyone watching from the outside would have assumed that Micon and I were the big names, and he was just some C-list nobody, rather than the other way around.

[thesidedish]

Everyone was posting this graph when btc hit $100..

Everyone was posting this graph when btc hit $1000

So OBV it's relevant now

IDIOT. WHEN I TALK U LISTEN.

Still wrong, when I need a bail bondsman, I will call you for advice.

WRONG. WHEN u need someone to take on an entire county, u call me

[The_Lurker]

Everyone was posting this graph when btc hit $100..

Everyone was posting this graph when btc hit $1000

So OBV it's relevant now

IDIOT. WHEN I TALK U LISTEN.

Still wrong, when I need a bail bondsman, I will call you for advice.

WRONG. WHEN u need someone to take on an entire county, u call me

I don't know you at all, but based on your online persona, I find you to be hapless drunken clown.

[tgull]

This is all I need to know about Crypto:

[thesidedish]

IDIOT. WHEN I TALK U LISTEN.

Still wrong, when I need a bail bondsman, I will call you for advice.

WRONG. WHEN u need someone to take on an entire county, u call me

I don't know you at all, but based on your online persona, I find you to be hapless drunken clown.

AND THEN I HIT EM WITH THE CACHUNK

[Krypt]

ABSOLUTELY INDISCRIMINATE FREEFALL

[big dick]

It just inched back over 7k, from a low of 6600.

This is bad news.

None of the "recoveries" from recent crashes have been very resounding, unlike past recoveries which were swift and steep.

These recoveries all have the feel of a combination of automated orders and "Hey, look, bitcoin just dropped to XXXX, it's gotta be great value at this point, let's buy some", but no one is particularly enthusiastic about it this time.

The resistance points seem quite weak.

This has been the case ever since the last over-10k rebound to 10300, where I mentioned at the time that it looked like a very bad sign (because prior rebounds were to the 11400 range or so, and that one topped out at 10300). Indeed, now we're at 7k a short time later, and not from a rapid dip, but from a few separate crashes.

Every time bitcoin has recovered from crashes, it always started with enthusiastic buying following hitting a resistance point.

This one really has the look of a march down toward early 2017 levels.

Again, if anyone thinks I am full of crap, let's set up some kind of structured bet where we set terms of how much we win/lose based upon its value on June 1. I think it will be fun.

I got 10k says btc hits 10k again before it hits 2k

You have 30 minutes to accept.

But you won't cus you're a cheap fuck who values money more than life itself.

[big dick]

It's a fair bet so put up or SHUT THE FUCK UP ABOUT BITCOIN and stick to your stupid -ev nba bets

[tgull]

It's a fair bet so put up or SHUT THE FUCK UP ABOUT BITCOIN and stick to your stupid -ev nba bets

I love these new terms of "stored value" and "liquid gold". Reminds me of the Dot.Com 1999 days when people threw around "new economy" and "profits don't matter". Fundamentals always matter. I was standing in line today at Dunkin Donuts, never once did I think "Boy, it would be nice to pay with a Bitcoin". Nobody fucking says that.

[cmoney]

After the dust settles , i think the new normal is going to be 500-1k a coin

[snake_in_the_ass]

It's a fair bet so put up or SHUT THE FUCK UP ABOUT BITCOIN and stick to your stupid -ev nba bets

I love these new terms of "stored value" and "liquid gold". Reminds me of the Dot.Com 1999 days when people threw around "new economy" and "profits don't matter". Fundamentals always matter. I was standing in line today at Dunkin Donuts, never once did I think "Boy, it would be nice to pay with a Bitcoin". Nobody fucking says that.

You sure eat a lot of Donuts!

[big dick]

After the dust settles , i think the new normal is going to be 500-1k a coin

What makes you think this?

[big dick]

I love these new terms of "stored value" and "liquid gold". Reminds me of the Dot.Com 1999 days when people threw around "new economy" and "profits don't matter". Fundamentals always matter. I was standing in line today at Dunkin Donuts, never once did I think "Boy, it would be nice to pay with a Bitcoin". Nobody fucking says that.

You sure eat a lot of Donuts!

He sucks a lotta cock too

[sonatine]

After the dust settles , i think the new normal is going to be 500-1k a coin

What makes you think this?

statistic analysis.

in fairness tho, hes being super optimistic.

[big dick]

so when do you think it will hit zero?

[4BET]

6515 #BloodBath

[sonatine]

so when do you think it will hit zero?

check it out:

[sonatine]

remember the buy orders at 16k?

god that was hilarious.

[Sanlmar]

6400

Somebody wants this thing dead and that makes me just as suspicious as them painting it higher.

Just a visceral feel.

The exchanges make just as much money on capitulation as euphoria.

I am openly conspiratorial. It’s like being gay without all the inappropriate touching.