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The question to ask:
If 20M average joes have all but stopped buying (because they can read the downtrend chart and are worried), then who's doing the buying?
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My SO was looking over my shoulder at the trading charts you guys posted, and she started laughing. I said "Why are you laughing?" She said "Those sharts. They're hilarious." Me: "Sharts?" Her: "Y'know, 'Sharts'. Shit charts."  |
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These type of threads come up on reddit quite a bit, and they are almost always complete bs. Just FUDsters making up crap. And anyway, anyone who can afford a $300K mortgage can most certainly tighten up and save enough to pay of that $12K loan within a few years. Hell he could even roll it over into a 0% interest, 18-month same-as-cash credit card for that matter. |
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So over the last year from April to April) we had :
- The whole futures Fud (taming Bitcoin, remember)
- A crackdown here and a ban there (remember China)
- A number of very bad taste Fork parties and their snake oil doctors blurbing around all the time... .
- The second coming of Mt-Gox (just wait for episode 3)
- Some ICO scams going down in flames
- Wall street banksters talking public about tulips (no idea what they were doing behind our back)
- Bans on crypto advertising
- Some bizarro never ending Chinese newyear spending
- The US taxman being a tad greedy
- Anything I forgot
You forgot: -Chinese exchanges "reviewed" by PBoC, then shut down - SEC denies COIN ETF - "The Flippening" that never happened, lol - BTC-e busted by FBI - SegWit2X (aka BitcoinXT, aka BitcoinUnlimited) was DOA due to "division by zero" gaff - Russia bans Bitcoin, then doesn't - South Korea bans Bitcoin, then doesn't - Coinbase insider trading BCash launch |
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Jeeeezus....are you tryin to take over Wordyman’s job or somethin? ....
I don't think so. He'd need to pick fights with people and write circular, condescending replies with no substance.  |
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9. Fucking Chinese can't actually create innovative shit, so they clone/steal others IP = supposed instant value  |
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President Trump has instructed the United States Trade Representative to consider $100 billion of additional tariffs on China. I like this trading war between China and Uncle Sam, who got the bigger balls and who will bow in the end  Considering the enormous trade deficit the US has with China ($375 Billion), China has a lot more to lose from a trade war. But will they be able to surrender and still save face? I think this whole trade war crap is just for show and won't last. Trump has probably been getting an earful from mid western soybean farmers (part of his base) over it right about now. I bet both parties negotiate before the tariffs even kick in.... or they get dropped. |
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https://www.youtube.com/watch?v=d9E9VlWkbjII gotta be honest, Asiff Hirji is a WAY better speaker and spokesperson for Coinbase than Brian A. ever was. And he handles the press really REALLY well. I can see why he's president. Kudos to them! Oh and btw, the announcement is that they are launching a crypto VC fund. Man, they must really be flush with cash! Lol. 
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If you're only buying Bitcoin for the price going up and not when it goes down, you've bought it for the wrong reasons.
All the wrong reasons. In fact you are part of the problem.
Go rethink your life.
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India has a population of 1.3 billion I would have thought a ban there is significant even if user adoption is low currently.
Over 90+% of the population there is completely unbanked and uses fiat paper for everything. |
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We pop 4% after many weeks of 10% drop after 10% drops, and you guys are posting rocket gifs?  |
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Don 't forget the corporate borrowing for paying very generous dividends... . Oh yeah, forgot that. But isn't that coming to an end for them soon? Oh wait that's right, the tax holiday for repatriation. |
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The only real benefit to putting company stocks on a blockchain, is that the end Joe investor could lay claim to the actual stock shares. Which is completely impossible to do today.
It would also effectively end creative tactics such as naked shorting, stock leasing (i.e. re-hypothecation of stocks) and 'phantom shares'. And in many cases, the out-and-out fraud of creating new stock shares out of thin air.
But I'm skeptical, because for these very reasons the financial trading establishment won't adopt stock issuance on a blockchain. It would completely end their corruption, and they're not going to stand for that.
It would also have to be open source and transparent in order for Average Joe to have full trust and faith in it. Something else the establishment is not going to allow.
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The crypto community fkn cracks me up. It's like there's these people that want to give everything in the crypto space the "benefit of the doubt", just because. lol. The most naive community where nothing is every really proven guilty of fraud. No Roger Ver is "really just a misunderstood good guy" No CSW is "not a fraud" No XRP is "really decentralized" No Bitconnect is "not a scam" No BCash is "the real Satoshi vision" No ETH is "the next Bitcoin 2.0" Lol |
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What would be of crypto without all its nonsense drama?
They probably don't realize it or care, but it's people like Roger, CSW, and Mcafee that are hindering mass adoption. They are putting the face of crazy on Bitcoin and crypto. Average Joes don't want to be associated with such nonsense. |
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I doubt Amber is as young as she looks (haven't bothered to check, actually). Out of my ass, I reckon JPM wouldn't put a millennial in that position. Unless... a playground seat granted by a high-ranking mentor...? No. No. She's not hot, either. I'd pick Meltem over Amber any day, apparent age notwithstanding.
You are right, she is 35: http://fortune.com/40-under-40/amber-baldet-31/Ok then, so she's not a millennial. But a higher age doesn't mean you know anything at all about a technology that's merely a few years old. Perianne Boring, anyone? In other news, it looks like the BCash camp is imploding from within: https://twitter.com/el33th4xor/status/981206068222144512 |
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Is he saying "more baby sausage!"? "More spankings all night!" ? "More babies all day" ? "Spore monkeys are gay!" ? Someone needs to phone the Bad Lip Reading guys, lol |
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