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3161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 07:58:03 PM
Come share the riches, Bitcoiners!

3162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 07:12:42 PM

about 1 hour to lift off.  Cool

still waiting.


Moonbound 2:00pm departing shortly.  All aboard, gentlemen!
Check ignition and may God's love be with you.  Ten... Nine...

3163  Economy / Speculation / Re: Why are we seen as "early adopters"? on: December 04, 2014, 07:06:20 PM
Depends on which phase you think bitcoin is in.
If it still has not reached mass adoption, we are early adopters.

Early adopters is a marketing term and refers to the five groups of adoption. By numbers, we're still innovators, still no more then 2% of the possible users use it, and the first 2% are innovators.

Sound argument.
And if you buy BTCeanie BTCabies today, you would also be an innovator.   Because "still no more then 2% of the possible users use [them]."
Don't miss this golden opportunity to buy in on the ground floor before the price spikes again.  If your Bitcoin doesn't work out, you'll have BTCeanies to fall back on.

  ~Happy Investing!
3164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 06:07:21 PM
about 1 hour to lift off.  Cool

And the papers want to know whose shirts you wear
Now it's time to leave the capsule if you deheheheare

3165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 05:53:06 PM
Are you guys super sure this thing will take you to the moon?  It doesn't look very safe, I dunno...



*Don't mean to be a Negative Nancy.  Good luck with your Moonshot.
3166  Economy / Speculation / Re: The new bearwhale: US Marshals on: December 04, 2014, 04:47:29 PM
^Plenty more where that came from.
And if the 90k starts 2 run dry, "the government" will pwn more of your coin & sell it back 2u.
3167  Economy / Speculation / Re: Theory on Price Stability on: December 04, 2014, 04:14:34 PM
...
tl;dr: Thanks, Obama.

3168  Economy / Economics / Re: Economic Inequality on: December 04, 2014, 04:11:48 PM
...There was a time when morons compared a true gimmick like beanie babies to a piece of technological disruption like Bitcoin. Oh wait, these times are still not over.

This moron stacked cheddar throughout 2013.  Lol @ "technological disruption."  Continue being angry & mangling marketing buzz phrases Cheesy
3169  Economy / Speculation / Re: OVER $18 MILLION DOLLARS OUT OF WALLETS IN ONE MONTH!!! on: December 04, 2014, 03:43:52 PM
...
The wallet belongs to the world's biggest bitcoin exchange, not one person but hundreds of thousands.

MtGox?
3170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 03:40:29 PM

>owned SR 1 & 2, got all teh bitcoinz.
Smiley

3171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 03:34:46 PM
What's this bullshit Sad

typical troll mindfuck. Wink

Do I need to explain to you mental giants how the ignore button works too?
3172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 03:06:05 PM
...
Seeing as Bitcoin needs a market cap of 50-100 billion USD to become truly useful I don't think lowering it to 2 is going to attract a lot of new money.

Bitcoiner's solution to the strange loop of Bitcoin:

1. Price must go up for BTC to be useful
2. BTC must be useful for its price to go up
3. Huh
4. The price will go up, PROFIT!
3173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 02:59:03 PM
"Dollar averaging" is not a rational thing to do, it is only a psychological pacifier, right?

If one bought 100 coins at 800$, buying 100 more at 400$ does not compensate or alleviate the loss of the first buy.  It only mixes a vexing mistake with a minor mistake to make a double dose of a medium-strength mistake.  The loss from the first buy is still there.  Right?

AFAIK it's a common strategy for long-term investors. By spreading out your buys you reduce your risk of buying at a local high but also reduce your chances to buy in on the cheap.

DCA doesn't mean what many here think it means.  Start here (not rebuilder--he knows), and don't succumb to the urge to start playing vidya until you read the whole thing.
DCA particularly doesn't mean "I bought too high, so I'll make up for my mistake by buying more of the same asset as the price goes down."  That's a variant of the sunk cost fallacy.
3174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 02:45:12 PM
notlampchop is one of the best trolls I have ever seen. I hope he get paid well, in case he isn't he should seriously consider professionalizing his abilities.

kudos to him

No way, he's just an asshole acting out because there are no consequences.

Trollfi is a great troll, because he starts conversations with innocuous-sounding questions or observations, but he's just weaving a trap to dump some bullshit on you.

If it's not too painful, Please stay on topic by discussing the tanking Bitcoin price.
Space Wanderer.

3175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 02:29:32 PM
"Dollar averaging" is not a rational thing to do, it is only a psychological pacifier, right?

If one bought 100 coins at 800$, buying 100 more at 400$ does not compensate or alleviate the loss of the first buy.  It only mixes a vexing mistake with a minor mistake to make a double dose of a medium-strength mistake.  The loss from the first buy is still there.  Right?

Wrong.

If you bought 100 coins at $800, you should buy 200 coins at $400.

And if it drops further to $200, you should buy an additional 400 coins.

Duh.  Tongue

This!

That is why when you start buying BTC for the first time you start with only 10% of your funds dedicated to buying BTC.

Another glimpse of the Bitcoiner mentality Cheesy

Just out of curiousity, what is your specific mentality when it comes to Bitcoin?

Or are you sold out of all your positions already?

You can find out by reading my posts in this thread.  
While I feel that it is my duty to offer bare rudiments of an education to intrepid investors and finance enthusiasts of this thread, you must make a sincere effort to learn.
3176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 02:21:47 PM
...
I assertively disaccord. His contretemps fail to presume the prolific physis of a bitcoiner. ...

^How dumb people imagine smart people talk.

Smartiferous cerebrocity intensifies Cheesy
3177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 02:01:49 PM
"Dollar averaging" is not a rational thing to do, it is only a psychological pacifier, right?

If one bought 100 coins at 800$, buying 100 more at 400$ does not compensate or alleviate the loss of the first buy.  It only mixes a vexing mistake with a minor mistake to make a double dose of a medium-strength mistake.  The loss from the first buy is still there.  Right?

Wrong.

If you bought 100 coins at $800, you should buy 200 coins at $400.

And if it drops further to $200, you should buy an additional 400 coins.

Duh.  Tongue

This!

That is why when you start buying BTC for the first time you start with only 10% of your funds dedicated to buying BTC.

Another glimpse of the Bitcoiner mentality Cheesy
3178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 01:20:20 PM
LOL, it's becoming a ignore-fest

This thread isn't exactly setting a great example for the bitcoin community to newcomers Grin

Bitcoiners being seen as the delusional, self-congratulating cultists they are.

3179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 01:05:45 PM


How'm I doin'?  Oh, and another gem:

3180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2014, 12:55:57 PM
NotLambchop gets ignored again.  Cry

Ok I've finally added LambChop & Shroomie to my ignore list.
Couldn't resist for any longer.

Ok I've finally added LambChop & Shroomie to my ignore list.
Couldn't resist for any longer.
same here  Smiley


@LambSucks
It's not much to think about, even while having you on ignore, one can tell when the next spike dump is coming.

Two scenarios then:
1. You're either a market mover trying to accumulate more (which reminds me one of my friends in the past)
2. You're working for one.

On scenario one, you're not seemingly doing much but dumping $ so that you keep the price down. FWIW: The crowd you seek is not in this place anymore; newbies don't own that much around here like they used to, let's say 1-2 years ago. From my point of view, you spend too much effort for too less the coins.

On scenario two; your man is dumping too much for creating the spike dumps and he spends time & money on an idiot who's trying to fool non-existent "dumpers" on a thread that wows in every page that "next bubble is coming".

Of course, you may be just here for the laughs, so help yourself... answer to this post.

Oh wait; I forgot!  Grin

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