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Thread: Bitcoins are officially donkdown

  1. #1821
    Owner Dan Druff's Avatar
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    200 has been re-breached.

    Came back as far as 217, but back to 191 now.

    I am not sure if we will see 200 again.


  2. #1822
    Gold SysOp's Avatar
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    lol druff, why do you enjoy this so much?

  3. #1823
    Serial Blogger BeerAndPoker's Avatar
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    They need another scandal/seizure to come up.

    When Silk Road got busted the very first time coin boomed hard which a lot of it had to do with public speculation. Any seizure is actually great for the price but when the coins are sold back into the market then it hurts the price over time imo.

    I think it bitcoin survives for a while which I wouldn't have said a year ago and if another seizure or crackdown comes I will try to make the most educated decision possible in the moment whether I want to load up on the coins or stay away.

  4. #1824
    Diamond Hockey Guy's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Just unloaded my 1.04 BTC at 186 per coin. Had been sitting there for awhile so I said fuck it and sold.

    Turned out I jumped the gun a bit. The "under 200 bounce" just occurred, and it's currently at 210.

    Don't expect it to last.
    How will you be able to pay out the freeroll winners in bitcoin now genius. False advertising IMO.
    (•_•) ..
    ∫\ \___( •_•)
    _∫∫ _∫∫ɯ \ \

    Quote Originally Posted by Hockey Guy
    I'd say good luck in the freeroll but I'm pretty sure you'll go on a bender to self-sabotage yourself & miss it completely or use it as the excuse of why you didn't cash.

  5. #1825
    Gold 4BET's Avatar
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    Quote Originally Posted by SysOp View Post
    lol druff, why do you enjoy this so much?
    This is obv, Druff is getting his rocks off knowing micon is on his way to bust in the "Bitcoin crash of 2015", Although druff will never admit this we all know he was hoping for this crash for years now, I guess in druffs mind this will be a little justice for micon throwing him under the bus and kept running him over. Funniest part of the d.d break up is druff thought he got the short end of the stick by getting 1000 or so for his ownership % but in fact d.d is worthless.

     
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      donkeykilla: spot on
    -Allergic to the struggle

  6. #1826
    Bronze Benford's Avatar
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    Quote Originally Posted by 4BET View Post
    Quote Originally Posted by SysOp View Post
    lol druff, why do you enjoy this so much?
    This is obv, Druff is getting his rocks off knowing micon is on his way to bust in the "Bitcoin crash of 2015", Although druff will never admit this we all know he was hoping for this crash for years now, I guess in druffs mind this will be a little justice for micon throwing him under the bus and kept running him over. Funniest part of the d.d break up is druff thought he got the short end of the stick by getting 1000 or so for his ownership % but in fact d.d is worthless.

    Can someone please enlighten a benighted soul such as myself? How does anyone know that Micon is still holding onto his BC's? Maybe he sold out at over $1,000 and he's quietly laughing his ass off at everyone now?

  7. #1827
    Plutonium Sanlmar's Avatar
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    Stories out there that some miners have suspended mining cause it is uneconomical at these prices.

    This was two days ago when prices were higher,
    CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price
    http://www.coindesk.com/cex-io-halts...bitcoin-price/

    Lol, no explanations allude to Gox, Bitstamp and other thefts that might be liquidating mow.

  8. #1828
    Platinum duped_samaritan's Avatar
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    Quote Originally Posted by Benford View Post
    How does anyone know that Micon is still holding onto his BC's?
    Because we've heard the way he talks about bitcoins for years.

    He's def holding and likely will hold till the bitter end.

  9. #1829
    Bronze Benford's Avatar
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    Quote Originally Posted by duped_samaritan View Post
    Because we've heard the way he talks about bitcoins for years.

    He's def holding and likely will hold till the bitter end.
    OK, a true fanatic, then. That answers my question, thank you!

  10. #1830
    Gold SetofKs's Avatar
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    Quote Originally Posted by duped_samaritan View Post
    Because we've heard the way he talks about bitcoins for years.

    He's def holding and likely will hold till the bitter end.
    i doubt this. hes a huge degen (the king of all degens) and has probably been selling them off frequently for cost of living money, and for degen money.

  11. #1831
    Plutonium Sanlmar's Avatar
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    Chart theory would have you believe that $152 has to be retested at some point.

    Doesn't promise when. Could be tomorrow or next year.

  12. #1832
    Platinum BetCheckBet's Avatar
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    Seals with clubs still makes same rake regardless of bitcoin price. Players just move up or down. My guess is Micon makes pretty good money this way plus through affiliate ventures like ecigs. He is far from hurting IMO. He's very business savy.

  13. #1833
    Plutonium simpdog's Avatar
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    Quote Originally Posted by BetCheckBet View Post
    Seals with clubs still makes same rake regardless of bitcoin price. Players just move up or down. My guess is Micon makes pretty good money this way plus through affiliate ventures like ecigs. He is far from hurting IMO. He's very business savy.
    Marketing yes.

    Business savvy LOL hell no.

     
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      BetCheckBet: Micon one of the most prominent beanie baby brokers

  14. #1834
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by BetCheckBet View Post
    Seals with clubs still makes same rake regardless of bitcoin price. Players just move up or down. My guess is Micon makes pretty good money this way plus through affiliate ventures like ecigs. He is far from hurting IMO. He's very business savy.
    SWC got smoked when ACR/WPN announced their acceptance of BTC.

    SWC's raison d'๊tre was Bitcoin. It wasn't their fine tournament structure of massive player base.

    If there is any remaining hope Bovada's Bitcoin plans will snuff that out.

    I have nothing but admiration for Micon's creativity & hustle. Google Bitcoin gambling and you will inevitably find the writer quoting Micon on the subject. He always had something that was a bit wry or funny to add.

    Be cool if he got a gig with ACR as a consultant. The ACR CEO is innovative but execution is not his strong suit.

  15. #1835
    Diamond DRK Star's Avatar
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    Im chuckling at the thought of basement-dwelling uber nerds who ponied up thousands upon thousands to buy mining computers and due to inefficiencies, they are about to have a hot wall of scrap parts.

  16. #1836
    Plutonium sonatine's Avatar
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    Quote Originally Posted by DRK Star View Post
    Im chuckling at the thought of basement-dwelling uber nerds who ponied up thousands upon thousands to buy mining computers and due to inefficiencies, they are about to have a hot wall of scrap parts.

    dude im emotionally masturbating to the 'entrepreneurs' who sank their fortunes into building out mining datacenters way out in the middle of bumfuck godknowswhere and cant even turn them into viable commercial datacenters because they are a thousand miles from anything resembling a MAE.
    "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. #1837
    Plutonium Sanlmar's Avatar
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    Chatter about miners and cold wallets elbowing the Gox theives for the exits.

     
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      sonatine: prose

  18. #1838
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by DRK Star View Post
    Im chuckling at the thought of basement-dwelling uber nerds who ponied up thousands upon thousands to buy mining computers and due to inefficiencies, they are about to have a hot wall of scrap parts.

    dude im emotionally masturbating to the 'entrepreneurs' who sank their fortunes into building out mining datacenters way out in the middle of bumfuck godknowswhere and cant even turn them into viable commercial datacenters because they are a thousand miles from anything resembling a MAE.



    On a more serious note, how low would it have to go for you to buy? I gotta think if it hits sub 100$ it has to bounce back righ?

     
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      gauchojake: nice pull

  19. #1839
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    Quote Originally Posted by matos View Post
    On a more serious note, how low would it have to go for you to buy? I gotta think if it hits sub 100$ it has to bounce back righ?
    Zero point Zero.
    PFA Rookie of the Year Awards
    2012: The Templar (unknown)
    2013: Jasep $5000+
    2015: Micon's gofundme legal defense $3k begging for 100k:
    2018: 4Dragons
    2019: Dutch Boyd: Mike Postle
    2020: Covid19
    2021: SMIFlorida and some sort of shit coins for $50k
    2023: 22nd Feb 4th Dec Youtube channels removed
    2024: Dustin Morgan wins Chrissy's $1000 contest: May 3rd another channel gone.
    2025 Chrissy loses his FB page in mid January.

  20. #1840
    Owner Dan Druff's Avatar
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    Quote Originally Posted by matos View Post
    Quote Originally Posted by sonatine View Post


    dude im emotionally masturbating to the 'entrepreneurs' who sank their fortunes into building out mining datacenters way out in the middle of bumfuck godknowswhere and cant even turn them into viable commercial datacenters because they are a thousand miles from anything resembling a MAE.



    On a more serious note, how low would it have to go for you to buy? I gotta think if it hits sub 100$ it has to bounce back righ?
    I think it might be worth it to jump in right after it falls to sub-100 (though wait for it to start moving back up), then dump shortly after it pops over 100.

    Inevitably this is the path to something very low. Whether it happens in the next few days, weeks, months, or years, I'm not sure, but it will happen.

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