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Thread: Bitcoins are officially donkdown

  1. #8581
    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

  2. #8582
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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

  3. #8583
    Plutonium sonatine's Avatar
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    aster is refusing to allow withdrawals
    "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. #8584
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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

  5. #8585
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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

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    Plutonium Sanlmar's Avatar
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    Coinbase Global shares experienced a significant drop of 7.7% following insider selling, with notable sales from executives Paul Grewal and CEO Brian Armstrong.

    CEO Brian Armstrong sold 25,000 shares of the business's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $355.47, for a total transaction of $8,886,750.00. Following the completion of the sale, the chief executive officer directly owned 526 shares of the company's stock, valued at approximately $186,977.22. The trade was a 97.94% decrease in their position.

  7. #8587
    Master of Props Daly's Avatar
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      1dollarboxcar: lol +++
      
      sonatine: :brokeniggaalert

  8. #8588
    Master of Props Daly's Avatar
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    This is way too big a move in what is still an unregulated market. There will be issues.

  9. #8589
    Plutonium lol wow's Avatar
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    does this involve the fresno state game

  10. #8590
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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. #8591
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    Quote Originally Posted by Daly View Post

    This is way too big a move in what is still an unregulated market. There will be issues.

    its crazy because weve all seen a few flash crashes but every single time, price action wicks back up as people step in to go bargain hunting.


    thats.... not currently happening. retail is clearly spooked and the people who have been building their rolls up for 10 years just got vaporized because everyone has been levered up on perps.


    oh also, no clear explanation of what just happened. no body has floated to the surface.


    wonder if/when see buyers step in.

     
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      Sanlmar: body floats to surface. it’s been the literal case more than once
    "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. #8592
    Master of Props Daly's Avatar
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    When its all levered to the tits and despite what the crypto bros tell you its all a derivative of Bitcoin all it takes is a major move and its wipeout.

    No Fed last resort. No insurance. No plunge protection team or wall street market makers.

    Remember when the crypto boys would shit on boomers about the antiquated ways the legacy market (which also isnt perfect) operates? Lolz no 24x7 market. Lolz daly you get the weekend off and get to shut down at 5 PM a real currency and banking system should never sleep.

    I wonder how many of them are rethinking that right now.

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  14. #8594
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    crypto isnt my fetish so maybe im just wrong but this doesnt feel tariff related or anything trump related.

    id be much more inclined to blame some form of economic warfare from china than i would lay this at trumps feet.

    but the longer we go without real attribution, yeah the more this looks tariff related.
    "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

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    Quote Originally Posted by Sanlmar View Post
    Coinbase Global shares experienced a significant drop of 7.7% following insider selling, with notable sales from executives Paul Grewal and CEO Brian Armstrong.

    CEO Brian Armstrong sold 25,000 shares of the business's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $355.47, for a total transaction of $8,886,750.00. Following the completion of the sale, the chief executive officer directly owned 526 shares of the company's stock, valued at approximately $186,977.22. The trade was a 97.94% decrease in their position.
    Im sorry, but these numbers don't make a lot of sense. Please correct me if I'm wrong.

    I haven't even looked up the real numbers yet, but this post is implying (at least to me) that he has sold nearly his entire position in Coinbase.

    This cant be true. 8 or 9 million is pocket change for this guy here.. This sounds like a single transaction for proceeds from a compensation award or something- probably excercising options or something like that. Whoever wrote that article I think was missing something - (probably AI gone unchecked)

    The last i checked, Armstrong had a pretty large stake in Coinbase. Im too lazy to look it up right now.

  16. #8596
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    lmfao monday is a bank holiday so gl adding capital to positions to prevent liquidation.
    "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. #8597
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Gordman View Post
    Quote Originally Posted by Sanlmar View Post
    Coinbase Global shares experienced a significant drop of 7.7% following insider selling, with notable sales from executives Paul Grewal and CEO Brian Armstrong.

    CEO Brian Armstrong sold 25,000 shares of the business's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $355.47, for a total transaction of $8,886,750.00. Following the completion of the sale, the chief executive officer directly owned 526 shares of the company's stock, valued at approximately $186,977.22. The trade was a 97.94% decrease in their position.
    Im sorry, but these numbers don't make a lot of sense. Please correct me if I'm wrong.

    I haven't even looked up the real numbers yet, but this post is implying (at least to me) that he has sold nearly his entire position in Coinbase.

    This cant be true. 8 or 9 million is pocket change for this guy here.. This sounds like a single transaction for proceeds from a compensation award or something- probably excercising options or something like that. Whoever wrote that article I think was missing something - (probably AI gone unchecked)

    The last i checked, Armstrong had a pretty large stake in Coinbase. Im too lazy to look it up right now.
    Yeah, someone is engaging their brain. Wasn’t me. Good catch

    Peanuts it would appear. If he had no equity left that would be front page news too.

    News overload today. I got stopped out on some stuff.

    We do know bitcoin ain’t digital gold.

     
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      Gordman:

  18. #8598
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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

  19. #8599
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by Gordman View Post

    Im sorry, but these numbers don't make a lot of sense. Please correct me if I'm wrong.

    I haven't even looked up the real numbers yet, but this post is implying (at least to me) that he has sold nearly his entire position in Coinbase.

    This cant be true. 8 or 9 million is pocket change for this guy here.. This sounds like a single transaction for proceeds from a compensation award or something- probably excercising options or something like that. Whoever wrote that article I think was missing something - (probably AI gone unchecked)

    The last i checked, Armstrong had a pretty large stake in Coinbase. Im too lazy to look it up right now.
    Yeah, someone is engaging their brain. Wasn’t me. Good catch

    Peanuts it would appear. If he had no equity left that would be front page news too.

    News overload today. I got stopped out on some stuff.

    We do know bitcoin ain’t digital gold.

    Certainly not faulting you here.

    You're a very intelligent guy and someone I look to for thoughtful analysis on whatever subject is being talked about.

    I could have just as easily done the same thing here.

    News overload Is a good way to put it, because sometimes I feel like the news being pushed on us is like a firehose being centered on our mouth, and we're trying to drink all of that news/water being fired at us, but sometimes its just impossible to take it all in.

     
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      garrett: *Too
      
      Tellafriend: offset village idiot

  20. #8600
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    Quote Originally Posted by Gordman View Post
    Quote Originally Posted by Sanlmar View Post

    Yeah, someone is engaging their brain. Wasn’t me. Good catch

    Peanuts it would appear. If he had no equity left that would be front page news too.

    News overload today. I got stopped out on some stuff.

    We do know bitcoin ain’t digital gold.

    Certainly not faulting you here.

    You're a very intelligent guy and someone I look to for thoughtful analysis on whatever subject is being talked about.

    I could have just as easily done the same thing here.

    News overload Is a good way to put it, because sometimes I feel like the news being pushed on us is like a firehose being centered on our mouth, and we're trying to drink all of that news/water being fired at us, but sometimes its just impossible to take it all in.

    https://finviz.com/news.ashx

    Use this
    RichardBrodiesCombover has aids

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