I did the opposite to him years ago. Because even when I was new to bitcoin, I worked out very quickly that Kwuck is the biggest dumbshit on this forum.
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There seems to be a careful up-trend again Shit Kwuckduck, that makes no sense. because you were saying just a few days ago that bitcoin was dead and bitcoin cash had taken over. Come to think of it, these last few years make no sense at all because you have been assuring everyone on this forum that bitcoin is crashing and is in a bear market. I just don't get it, can you please explain how it's possible that you think it is currently in an uptrend? You dumb shit biggest loser in crypto history.
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Those spikes are unsustainable, If you're an investor/beleiver in btc you don't want that.
Those spikes also happened when the market was a lot smaller than it is today. Take a look at some of the largest companies out there in the world, then take a look at the penny stocks. Penny stock type markets spike, mature successful ones do not.
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$10,000 looks possible by end of this year if not price will be atleast over $7500. This is what I am thinking too, from a charting perspective. But, fundamentals (fighting over block size) could easily screw this up, let's hope not.
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He will never be a loser because there is a high chance that he is doing the opposite of what he posts. Kwukduck here is known for his post that predicts so accurately that most of the time the opposite of what he said in the post happens. Seeing him post now, it means that it is a very good time to buy bitcoin since he is spreading FUD again. Most probably he is trying to buy some cheap bitcoins now that's why he did it again.
Every Post he makes is FUD and he has posted constantly through bull and bear market. He ain't buying shit, he is just a permabear and that's all there is too it. He's just like all the preppers who are waiting for civilization to end. he will be saying the same thing forever, and accruing no coins.
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I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
I presented a chart the other day that showed each share of Berkshire Hathaway (Warren Buffets company) was worth $267,000. This figure sounds utterly insane, especially since you can't buy a fraction of a share like you can with btc, yet, people are still buying Berkshires shares. $50,000 is not a big deal if there is still demand, just like $267,000 is not a big deal for Berkshire Hathaway.
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Haha Kwuckduck, biggest loser in crypto currency history.
But, let's say that bitcoin does crash to zero and bitcoin cash rockets up to 100,000. You will still be a loser because you don't hold any coins, btc or bch. Also, if this happens you'll simply turn every one of your BTC crash posts to BCH is about to crash.
Knowing that you will continue to be a loser and miserable person no matter what happens to either btc or bch just brings eternal happiness to my heart.
Don't ever change Kwuckduck.
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Berkshire Hathway = telephone = analog = vinyl disc = cassete trading = physical stores Bitcoin = internet = digital = flac = p2p = online stores
Can't compare one with the other.
I'm not comparing them, I'm using it as an example that assets with the right fundamanetals can go to very high valuations. There has been many predictions lately that bitcoin will go into the 100s of thousands, it seems impossible, and, tell the man in the street these predictions and he'll think you are crazy. When berkshire started if you said to people that the price will be over $200,000 in 30 years they would have laughed. Big numbers just sound impossible, but, they are not. That's what I'm pointing out here.
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The reason BTC is going down is because it's about 30% more profitable for miners to mine bitcoincash. Merchants, exchanges and miners are switching to the bitcoin upgrade called bitcoin cash. Many people are still unaware of the upgrade and will possibly be left behind and lose a lot of money as bitcoincash is quickly replacing bitcoin.
Another evidence less FUD post by the one of the greatest losers in bitcoin history, Kwuckduck. It may be more profitable at the moment, but, merchants, exchanges and miners are not switching. Zero fucking evidence there pal. Tell me though Kwuckduck, for humours sake, let's just say that bitcoin cash destroys the bitcoin core chain and becomes the new bitcoin. Will you then be posting FUD post after FUD post about that chain too as it crashes to new ATHs?
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I agree with you on segwit2x, I support core.
Actually, The whole thing reminds me of the movie Wall Street where Michael Douglas is bagging out the Bluestar Airline, and trying to convince everyone to side with him. Martin Sheen, on the other hand is saying they should stick with the original management team since they built the airline up from nothing.
What worries me though is that if 90% of the miners abandon core, it doesn’t matter if the users don't support the segwit2x chain. How the hell is the original core chain going to work with only 10% of the miners.
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So, there is apparently another fork coming, unless of course someone compromises. The fork will be Segwit2x.
On coindance it shows that over 90% of miners are signalling for segwit2x. If there is a split does that mean 90% of the miners will switch from core and support the segwit2x chain? If not, what percentage of support does everyone think will switch to this chain?
This split is of concern and I think much more worrisome than the bch split.
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When I try to go to the website I get a message saying "Your connection is not secure. The owner of www.minpto.com has configured their web site improperly. To protect your information from being stolen, Firefox has not connected to this web site." Is anyone else seeing this? I'm using firefox. Dev might want to fix this if it is a real problem
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Without a doubt it is possible, only time will tell. But no matter what happens bitcoin is now established and interest in it continues to grow. The price will definitely be up in the long term.
And yes, governments and central banks will probably try to stop it. But, as always they will be too late to the party.
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Berkshire Hathaway. Limited supply, ever increasing demand. $267,100 a share. It is very possible that bitcoin can reach high values. Lots of dumps along the way, but, longterm up and up. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7rQyQHa.png&t=663&c=dKKQCuRcWFEL8Q)
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Increasingly the world is going to shit. Banks are continuing to screw people over and governments everywhere are becoming more corrupt and even downright evil. Bitcoin is a way out of this system, a way to protect yourself from would be oppressors.
I think people are really starting to see through the bullshit peddled by the banks, MSM, and governments, so, bitcoin is flourishing. What's more recent improvements to the protocol, is given people more trust in bitcoin.
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lol kwuckduck. I can't believe this loser is still around. Hahaha, this guy along with roach and Stolfi will go down as the biggest fools in crypto history.
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When governments and banks become honest, and actually put the interests of the people over that of the corporations and elites. That is when you can stop buying it.
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If this is a "head and shoulders" pattern and "the head" is 2600+ USD price, why would we be on the "right shoulder"?Right now the btc price is around 2555 USD.If the price drops to 1700 USD i would say that you are right ,but there`s no reason for such a price drop. The btc growth is sustainable and not a result of hype. Only some hardfork during the summer can cause cuch price fall.
by looking at the chart (4hr, bitstamp) left shoulder peaked at 2760, head at 2980, and if we are actually on a H&S pattern the recent peak of roughly 2670 could be the right shoulder. Im not saying it is a H&S pattern, but, it has that look about it. I hope it is not and I personally don't want it to drop below 1700 that's for sure. Just thought I'd point it out to people. Also looking at the 2 lows and drawing a line on them (which would represent the neckline), a substantial break of 2200 would confirm the pattern as H&S. I am not convinced that standard market evaluation and indicators are the way to predict bitcoin's price movement. Spotting head and shoulders trend is actually helping to understand price movement and set your trading strategy, but:
- it will not work all the time. - target profit might never be hit - and last by t not least, this pattern is very subjective to spot, some traders can see it some not.
Agree with everything you say, just wanted to point it out.
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FYI
I was just having a look at the 4hr btc chart on bitcoinwisdom and noticed what could be a head and shoulders pattern forming. We would currently be on the right shoulder.
I fucking hope that it is not, as I want to see this baby continue its rise, however, with the massive rise we have had I think it is possible. If a text book head and shoulders does happen that would put the price back to around the 1300, seems unlikely.
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Hi tempus, My transfers are now working this morning. Thank you for helping me out.
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