Thus I predict that you will be the one looking back to this day, years from now, no longer recognizing the world that you live in.
You're right I won't. Because if the Tech industry has its way, all human workers will be replaced by AI and androids. And we'll all be broke and homeless, can't afford healthcare, and trying to work the measly 'gig economy' jobs that are left. Do I sound pessimistic?
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Don't you find it strange that after waging all-out war against "piracy" in previous Windows versions, including product activation and disguising authenticity checkers as "important updates", Microsoft not only started giving their flagship product away for free, they practically shoved it down people's throats?
Not only that, but now it seems any new Win10 system comes bundled with their number 2 product, MS Office, waiting to be activated by (guess what?!) logging into an account at Microsoft.
Oh boy I sure have noticed that. I need to get my head examined for still using Win10. But I do find it easier to use than Linux, even though I love Linux and have it running on a few machines. When I first set up my Win10 laptop, I set up a OneDrive account like MS likes for you to do. Then about a year later, even though I never use it I manually changed my OneDrive credentials. Then suddenly Win10 REALLY started to complain, calling it a 'Microsoft Account Problem' that needs immediate attention. I now get nag notifications daily that Win10 is out of sync with my OneDrive account and they REALLY REALLY want me to re-sync. Now why would that be? Why would they care so much?
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At least IBM seems fairly confident in quantum computing hitting the mainstream industry within 5ish years. So we're not too far off from actually interesting new tech developments.
Still excited, but impatient as hell. Need a fast forward button for life (one that doesn't drain your life span).
I don't mean to offend (although this likely will), but I see you've drank the Koolaid. You will be disappointed. IBM is the #1 Repeat Offender. One days years from now, you'll look back and see the continuous Tech cycle pattern for what it actually is: all hype and bullshit designed and marketed to get people to spend money, and to create tech jobs and departments out of thin air, always building future solutions looking for a problem that doesn't exist. Hardly any of it really improves human life to any real degree.
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This is always how it goes. Visionaries and geniuses Build Stuff, and then They come in and take it over.
Years ago I saw my first pink laptop in the local shop. That's when I knew the age of technology doubling in power and effectiveness every few years was at an end. And sure enough.
I was clued in that Tech was peaking when the iPhone didn't change at all after several generations, and my five old laptop doesn't do anything less than a current one. Now they've moved on to useless things like smart watches, wireless doorbells, and in-home spy pods. And don't even get me starting on the IoT, "Internet of Things". God what snake oil marketing. /facepalm
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Again, I could be way out of line here, but look at this for a minute. And this is the cream of the crop. There are 'conferences' all over the place, doing 'talks' Really? Is this Bitcoin now? 'FinTech'. Give me one good reason. It's not amazing. No it's not amazing. Just a bunch of young people doing a mindshare grab for "Blockchain expert" just to find a high paying job somewhere. I only count about 2-3 people in that roster that I would consider actual crypto experts. But hey it could be worse. Just wait, in 5-10 years when you see a speaker lineup like that and it's all 40-50 yr old men and women in suits with the "Executive such and such of Blockchain" title, you'll know the crypto/blockchain industry has been completely taken over and compromised by the FinTech nimwit snake oil sales and marketing people.
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Oh wise roach keep enlightening us with your knowledge
Please don't encourage him
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Yeah April 2013 comparison would honestly make more sense. My belief is that whales were charging up into the market because they already knew the real game was coming later into the year. So they were already accumulating even though April looked like a bubble. People have to understand that this is a really thin market, so any heavy accumulation on exchange will cause massive bubble swings. So my theory now is that, if we don't see another significant drop in the coming 6-8 weeks, it means that this is just a pre-show to something bigger coming soon TM. Otherwise the whales would just trade this thing back down to pre-Nov levels, let it go and be done with it. Why would you pump hundreds of millions (billions) of dollars over a year's time into a market that was just going to go back down? You wouldn't.
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This is from an opinionated article, but according to the writer bitcoin’s recent decline could be reason to worry. Some excerpts from the article: If the price of bitcoin falls below its cost of mining, it will quickly go to zero. Dead wrong. Price fell below cost of mining in 2015, and it didn't cause Bitcoin to go to zero. Miners will just stop selling and hold, and exchanges will just wash trade the float until buying pressure picks up again.
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Don't really care about that 2014 comparison. Seen it on trading view and think it's crap. Seriously, they are comparing over a year of price to just 3 months. Sure you can compress/extend time frames to see about anything you want to see. + Drkenergy has been wrong about 90% of the time. Maybe most viewed but damn, if you traded on his advice you would be broke about now.
The other major difference between now vs. 2013/2014 was leverage. Back then there was shit ton of it, and Bitcoin was leveraged anywhere from 100:1 to 500:1 (on a few Chinese exchanges). Pretty easy to push a small, thin market around with that kind of leverage. Especially on Gox where the majority was probably fake/naked leverage and shorting going on. Now, not so easy with this size market and so many more exchanges offering much less leverage opportunity.
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I would like a place with nice weather where I may eventually retire. The whole ERTH thing started to get on my nerves. Too much crap all over. I would like to have an ability to be left pretty much alone with my immediate family, yet maintain some western style comforts. Too much to ask? There's still yet a few warm places that haven't been severely exploited. Tick-tock... start now! In other news from on the ground, I asked local gold shop (who's main business is currency exchange) if they'd accept BTC. She met me with a Maybe. Here it comes! One year ago they hadn't even heard of it. That's awesome. Btw whatever happened with that one Asian woman who you said had bought and was speculating on every crypto under the sun on her laptop?
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FOMO'ing down, lol. So was Bitfinex FOMO'crashing back in Jan?
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Yeah right. W/E
Actually I retract that, apologies. I think I was getting you mixed up with Gab0. My mistake.
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Someone please save this thread. its one of the few I live in.
Such a shame its over run by idiots and irrelevance.
Coming from an account that just comes here to troll, that's choice.
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I hope a few of you guys are being a little sardonic in your criticism.
While this *is* the WO speculation thread, anyone who takes the TA presented here and trades on it seriously is an idiot.
All of the TA presented is based on "feelings" and amateur hour chart analysis, if you can even call it that.
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Somebody forgot to say "dump it". Can't just smoke and point. It isn't that simple.
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I can't see Trump starting a war with Syria, knowing the chain reaction it could cause and considering that Assad probably didn't do a tenth of what we are accusing him of. There must be something else at play.
It's the same proxy war shit that's been going on for the last 70 years... Not quite. For the past several decades lefties have been at the wheel. This is the first time we are in charge. Lefties like Dubya starting the Iraq war while all the pacifist right wingers were in the streets marching against it. It's not a matter of war or not war. War is a constant. It's a matter of motives, the politics that goes on along with it and competence. The war in Syria is just a front. Russia is expanding their cheap LNG output via Gazprom to countries like China and Iran. Key pipelines run through parts of Syria. The U.S. doesn't like this expansion, as it directly competes with sales of LNG from the U.S., Qatar and Australia. The U.S. has levied sanctions against Russia in an attempt to thwart LNG construction contracts and slow down their expansion. Needless to say, Russia is getting more and more irritated with U.S. foreign policy.
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I'll do my best to be bearish for you. <snip>
As a permabull, I'll make an even more bearish statement. In Bitcoin's history, there has never been a downtrend reversal and start of a new bull run, without first pursuing a major stop loss hunt and major long liquidation. Never. So take that for what it's worth.
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