totally awesome of bitfinex to refuse to file a $5000 NY bitlicense thus cutting off all people in the finance capital of fucking america and instigating +/-$300,000,000 in btc market devaluation

I have considered outright crime for financial gain, thanks for the suggestion. Probably cooking or growing drugs would be most lucrative, as opposed to violent crime, as was suggested. And aside from the moral objections I'd have to that, I've seen the inside of a prison - it is better out here, even if you do live in destitute conditions. Though you're probably right that the basic quality of life of some prisoners in terms of things like nutrition and health care would be better than my own. Still, I am not particularly interested in doing anything to be locked up and trade what "freedom" I have for physical needs being better met.

Also, a basic community college or state college education doesn't automatically result in a well payed job. I have actually attended college, thanks only to a full scholarship as a result of near perfect standardized testing scores (yup, I'm not dumb, just financially fucked), and got 2 degrees in 4 years (most people do 1 in that time) - useless to get a decent job with as it turns out, what a total waste of time and effort that was in the corrupt nepotistic wasteland of the american job market. In the decade since those degrees have gotten me precisely 0 "career level" "good jobs" that payed greater than single digit $s per hour. Being smart, even genius level, or having an education, even being willing to work hard means nothing if you have no capital resources to live off of build off of and exploit others with. Such is life under a system of abuse and exploitation (capitalism). Simply trying to survive with what little money you can scrape together working yourself to exhaustion from birth to death is what most of us get.

You're god damned right I've got a negative mindset - I'm poor and live in america. You'd have a negative mindset too if you were smart and worked hard your whole life and still had fuck all to show for it. I try not to think about winner loser dichotomy, too depressing, but yeah I don't know what else you'd call it trying trying trying and failing to succeed in any meaningful way. There is a difference between relative deprivation and being financially 1 step ahead of the homeless and people in prison. I appreciate the advice to try and enjoy free activities - I do like backpacking and camping, when I've been able to do so, but live in a desert state that's hot as balls all of the time and so rarely partake in any outdoor activities and definitely no sports of any kind.

The notion that being wealthy would be boring is offensive.

As most human beings, I can't tell you what being wealthy is like, I can only tell you that being poor fucking sucks. It's miserable stressful and depressing. Forget travel, restaurants, decent clothes, nice watches or jewelry of any kind, nice cars, yachts, a good education, access to health care whatsoever, concerts, film festivals, owning art that's not a poster, or enjoying alcohol that doesn't come in a can. And I'm not talking about homeless starvation poor, just normal working class poor. If I were homeless starvation type of poor I'd walk to the nearest tall bridge and fucking jump off it. You know what's boring? Boring is eating raman noodles and peanut butter sandwiches to survive for the 10,000th time. Wearing all your cheap clothes until they literally have holes in them and become unwearable and all the time you look like your wearing peasant rags. Sitting around watching t.v night after night year after year after year because you can't afford to do anything else other than the cheapest entertainment option to stave off the desire to off yourself. Toiling away at a meaningless job you hate for barely enough money to pay for your basic necessities, while the proceeds of your labor goes to increasing the wealth of the business owner. What I wouldn't give to be bored by wealth. And by the way, wanting ever more levels of opulence is a mental illness, fundamentally evil, and not at all a natural or correct way to act - this is a lie told to the poor by the wealthy. I'd never work a day again in my life or desire ever greater wealth if only I just had enough to not be constantly suffering. And what a fucking stupid question.

if even half of that sell order was at/below 200 it's an equivalent loss to doing this like 5 times with no insurance



wonder if they'll just get fired or whacked ?

(or it's an individual that will retire never to look back, hopefully, for their sake)

ha ha ha ha ha ha someone fucked up bad and sold 10,000 coins all the way down to 150 on btce

I like a good roller coaster as much as the next guy but the market movements as of late more closely resemble one of these tower drop rides. This seemingly dogmatic trading method of perpetually forcing free fall down followed by forcing immediate vertical up is fuckin brutal and renders bitcoin almost useless as a stable store of value or currency, and mostly only functional and useful as a speculative financial tool with minimal secondary use as a criminal payment option and cheap but risky remittance alternative. I believe that the severe volatility is what is primarily responsible for discouraging wider adoption and significantly greater prices, and it's a bizarre sort of catch 22, volatility allows traders to extract $ (and/or increase total bitcoin holdings) but volatility prevents new user adoption and greater prices resulting from new money entering. I get that the traders don't give a shit about bitcoin whatsoever and just want to fuck the market for as much gains as they can, but damn, if you all only trade it in a fashion of creating as many and as severe of fuck you spikes up and down as possible, the ride stops being fun and just results in lots of puke with most people wanting off the ride and nobody standing in line.

*tinfoil hat on*

bitcoin and crypto represents a distinct threat to the global nwo police state corporate fascism military industrial complex whatever you want to call it. i think many of us here understand this on some level. btc and other crypto is basically money that (we think?) did not come from governments/banks and they cannot easily control or contain. perhaps most fundamentally we the powerless are not supposed to be able to evade and escape from governments/banks or even dare think to do so. the best that can be done is to expend resources financial, technical, media, political, legal to attempt to hold it back long enough that it can either be consumed and controlled by the state/bank power structures or that it is defeated on a technical level or that it implodes upon itself in financial terms ie extreme loss of value and major loss of users and merchants. if btc reaches (it probably hasn't yet) a critical mass of growth in adoption it could upend and decimate other stores of wealth specifically government backed fiat currencies. i could see a hypothetical global cryptographic backed democratic direct government of some sort being adopted, in concert with the rise of cryptocurrency and decimation of existing fiat wealth, and governments may fall, perhaps to be replaced by some type of resource management system governed by the will of all citizens of earth. whether this would instigate global war and force all countries to adopt dictatorial regimes, lead to complete anarchy and breakdown of society, or herald a new era of human freedom and global peace is the question.

or it could just be intentional manipulation/interference with the btc system by tech savvy whales for solely greed based reasons.

aaaand more abusive bullshit

coinbase goes down , price up $6 , back up , right back down immediately

it's almost as though all of the exchanges act in clandestine collusion to take turns screwing their customers as severely as possible

nothing but fuck you pumps and fuck you dumps bulltrap beartrap bulltrap beartrap why the hell can't we act like *every other* traded commodity and currency on the planet

is it really too much to ask that we have honest markets and manipulators not raping the market ? i guess that is a lot to ask

i'd just like *once* for whoever is the motherfucker responsible for this intentional bullshit to step forward and say "it was me" that's all yknow not an apology not an explanation just an acknowledgement so we can all thank them in unison ...

this is fuckin bullshit

30 dollar loss in half an hour

jack the price back up 10 bucks in 15 minutes immediately after

fuck you very much

sooooo ... bitcoin is now the best most reliably increasing value totally secure investment on earth

just wow

stock markets, companies, currencies, countries - failing ... bitcoin ? thriving

(the world after bitcoin)

if the bitcoin bull market lasts decades ...

(there is no natural downward pressure - only a handful of well funded bear shorter dumper manipulators who will attempt to drive price lower - most people aka the other 1,000,000 or 2,000,000 or whatever bitcoin users are happy to see us finally back above 300 with a continuing upward trend and have no interest whatsoever in driving price lower)

as to what to expect?

your guess is as good as mine i expect itll be difficult going further up from here right away unless we breach 310-320 in the next couple days / this week - if that happens 300 is the new floor and even the most determined bears will have a hard time pushing it back below that - right now we're deciding if 300 is going to be the floor or going to still be a short term top *this is the 3rd time this year 300 has been breached and the previous 2 have failed to stabilize above it

solid moving up across all exchanges past 300 and no signs of stopping attempts at dragging it lower so far failed squirrel says

fuck the bear market fuck the sonsobitches whos life purpose seems to be to slam the price lower to buy back at profit at everyone elses expense fuck em ! why do we *have to* go down when most everybody wants a higher price aside from the *maybe* couple hundred well funded bear manipulator leverage short dumpers ? deal is if we run past 300 and stay there, the shorter dumper manipulators are done screwing the market below that - they lose at that point, by varying degrees - be it a stable 300 or a run to 350 or 400 or giant pump to 500 and beyond - they've banked on being able to hold the price below 300 indefinitely - NOW is the time to price them out of the market and end the bullshit downward manipulation ! force the bears out ! keep the price above their loss level ! this is the only way forward !