Expecting Nothing, and Doing Nothing atm:
I guess that's better than what you were doing.
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I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled? Please don't tell me you'd have to kill me if you told me. By dealing with your problems by becoming rich of course!: Being rich doesn't solve the problem of how to avoid expropriation. You keep avoiding answering my question, because you know BitCON is a piece of shit. Easy http://imgur.com/Pu1sVml
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There's my current play: Original margin entry was $440
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I admire how you are playing the game. Please let me know your plan to avoid expropriation of your wealth? Selling out into gold eventually? Hoping someone will improve CC so it can't be centralized and controlled? Please don't tell me you'd have to kill me if you told me. By dealing with your problems by becoming rich of course!: https://bitcointalk.org/index.php?topic=1413819.msg14635808#msg14635808Original all in with the kitchen sink margin entry was $440
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I closed the last bit of my long at 778$, now hoping to catch a falling knife around 720$.
Damn well played sir. Original margin entry was $440
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my capital has increased by about 20%, but the amount of Bitcoins I can control has decreased by around 40%.
I'm up fiat-wise 400%, all reinvested back into BTC. I know a few others in the same boat. When a lot of the big winners of this rally are not cashing out to fiat and just enlarging BTC positions, this is why you don't see much big drops. There's no reason to cash out of BTC. It still has tons more upside potential. Logarithmic price of BTC says it should go to $1800. GBTC is buying coins for $1350. Then of course if a big parabolic move occurs similar to the last move, that would put it in $3000-4000 territory. Post-halving scarcity should continue a bullish trend too.
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Fuck you "sandiman". All you do is shill for IPO scamcoins in every thread. Proof of stake is 100% useless and all IPOs are scams.
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> sovereign and corporate and private debt levels are sane You don't understand what debt is. It's not a bad thing you imagine it to be. If you owe me money, for instance, I'd be much less likely to rob or kill you. Because then you'll never pay me back.
>that monetary and fiscal policies are working just fine, the economies are all healthy Seems to be working great thus far. Also, "Fine" compared to what?
Wow, jew bankers are still spamming their propaganda in this thread. Everyone understands what debt is. A debt based currency is neo-feudalism through usury. Lending "money" (more like thin air) expands the money supply, but since the money supply is debt, you're just increasing the amount of money owed to the central authority who issued it originally (always jew bankers). The interest requires an infinite growth model to service and can never be paid back or the system would collapse. If you enjoy being a slave to the jews, go ahead and get you some of that nice debt based fiat, for everyone else, there's Bitcoin and metals.
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I was asleep when this happened. Mat, I need you to stop being useless and tell me what exchange initiated this rise and which exchange initiated the drop back down:
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r0ach how is your 666 TrojanHorse ButtCON investment going to protect you in the upcoming nation-states collapse and 666 lurch to eliminate cash and institute expropriation?
I joined the new world order to help pump it of course. I'll have everyone enslaved in no time.
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The MatTheCat FOMO Spaceship
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Is it weird that I 'ignored' the main talent here?
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If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO
$3200
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Just flipped, damn... I went long earlier today at 685$, but since it looked slumpy 2 hours ago I closed at 692$... Aargh! Good job, MatTheCat
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Ethereum is an IPO scamcoin: The Ethereum Paradoxhttps://bitcointalk.org/index.php?topic=1361602.0Why proof of stake has no value: Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations. Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. The act of introducing interest compounds this problem even more. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system. On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
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Mat, you just posted a picture where you said it's "dangerous" to buy at $430. Dangerous for anyone who doesn't want to leave poverty?
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The blockchains down, wtf....
Jew banker shills have sunk to an all new low of desperation attempts in disinfo tactics.
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