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It's very very late to buy Bitcoin.
Everyone and their brother owns bitcoin.
These prices are the highest Bitcoin will ever see for the next 20 years.
Buying bitcoin will bring nothing but bad fortune.
Stay far far away.
/s
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made more while typing this post than working an entire week monthwtf YEAR?!?!?! that canīt be true
Imagine how the truly wealthy elite like Warren Buffett feel, when a 1+% swing in the stock market means he just made $40M (I just made this number up, but you get the point). Or even guys like Tim Draper or the WinkleVoss twins. 2-3% swings in Bitcoin are millions to them. |
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Then it becomes all tears...
I see you are feeling it too. Old timers know  Yeah, old timers 'member. But when you live through one of these crazy bull cycles before, you realize that in the grander scheme of things it doesn't really matter. I mean, who really cares if it were to crash back to $5-7k now, when well all know full well it'll likely be up to $50k+ in 3-4 years? Or even by the end of 2018? The longer term horizon is all that matters. Hodl. And buy the dips. |
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We have broad userbase support at ~$8k, and below that mining ROI support around $5-6k and climbing.
And with all the W$ money coming in, I highly doubt sub $10k coins wouldn't get snapped up in a heartbeat.
Yeah agreed and would tie in with what fabiourum is saying. Maybe what is different this time around is that Bitcoin has so much momentum now that it cant do a full hype correction like it has in the past, so it might just do a first correction to 7-8k but then resume upwards instead of the long drawn out recovery with lower lows. Well, I believe a big short would definitely be a shake out attempt and not a full on crash and burn. The biggest whales playing in the new futures markets want to exert their market dominance early on. It's all about control. Plus they want all the n00bs to shit their pants and panic sell, lol. |
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We have broad userbase support at ~$8k, and below that mining ROI support around $5-6k and climbing.
And with all the W$ money coming in, I highly doubt sub $10k coins wouldn't get snapped up in a heartbeat.
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Ahh, I see, thanks. It's like Wall Street people saying it is a confirmed bubble when taxi drivers give out stock market advice.
Except in this case, we actually *want* everyone adopting bitcoin and talking about it. We want every man, woman, and young adult around the world to buy and use bitcoin. Even Mike Tyson and the taxi drivers. |
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Just noticed that Bcash coin has fallen below .1 , now @ .093.  It looks like a lot of alts are being squeezed to provide more rocket fuel for Bitcoin. Reverse flippening? Dominance currently at 62% and rising, captain.  |
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I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.
There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day. Maybe when Bitcoin is worth 7 million dollars though... Can you not mine Bitcoin Gold with a GPU? |
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Machine gun BTC giff needs a reload. Not sure how to do it  This one is kinda old now... lol  |
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Normally I'd spend like $25 on them. Not close close friends, just good work friends.
What's my play here.
Do it at the office party. Have them download a wallet to their phone. Gift them $25 worth in real time from your phone. |
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As much as I'm loving this price action, something still tells me a big short is coming.
And there's a reason why they launched futures in December, right before Xmas. They know that people have money then.
Yes, but are your sources confirmed? Oh proudhon, where art thou? |
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As much as I'm loving this price action, something still tells me a big short is coming.
And there's a reason why they launched futures in December, right before Xmas. They know that people have money then.
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pretty sure that guy does NOT need 2 more lattes today Bbut....but...whatabout...bbig.ger...blocks? Those...coffee fees? Bchashsis? VER!?!?!? |
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Haha! This was exactly how my emotions were after reading this post and the attached report of this family. They have just kept this all aside while they could have done it in a better way. Many of the people might think that they will gain a lot of profit but in my opinion they have a chance of greater profit which this family is losing if they don't change their decision. They are losing the profit on the traditing and what they are holding today maybe become double in number in future and they will start living a better life if they start trading.
 If you think you can trade and do better than just long term holding, you will get rekt. |
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^^^^^
He looks like he's ready to take a big tumble though
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CBOE CEO Edward Tilly daring Jamie Dimon to take the short side of Bitcoin futures trading! Lol https://www.youtube.com/watch?v=Lyf7ybUNFU4Also, I liked this quote: "[after launch]... I think we will be building up liquidity in the days and weeks and months..."
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"The CME Group will, in the first few weeks of operations, be limited to initiating trades with an initial margin of 35 percent on its bitcoin futures exchange. It will use a daily price from the CME CF Bitcoin Reference Rate, which will use prices from various cryptocurrency exchanges, namely GDAX, Kraken, ItBit, and Bitstamp."
Hardly a concern in the first few weeks at least. |
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