it just stated, that MT Gox was robbed on sept 11?!? Coincidence you think? Wanna guess when is the IRMA hurricane going to hit the coast of Florida? Coincidence? https://www.instagram.com/p/BYyJPagjBQl/ http://www.snopes.com/category-7-harvey-irma/"None of the storms or hurricanes in the movie are called Harvey or Irma. Furthermore, Category 7: End of the World was broadcast on 6 and 13 November 2005 – which was 11 years and 10 months (not nine months) before Hurricane Irma’s expected landfall in Florida on 10 September 2017. So the meme’s two key claims are false."
"However, even if these claims were accurate, they would have no sinister meaning.
Atlantic hurricanes are named from a prescribed list of names that are rotated every six years and published in advance. So we already know the list of potential hurricane names for 2018, 2019, and every year for the foreseeable future, unless they are changed by the World Meteorological Association. "
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Howard Mark's Oaktree blog on Bitcoin: https://www.oaktreecapital.com/insights/howard-marks-memosScroll down to the Bitcoin section. Sounds like this dinosaur is finally starting to get Bitcoin a little more even though he still won't put money into it. Although I'm not sure how people still think this billionaire investor is so smart. Consider this statement: "Serious investing consists of buying things because the price is attractive relative to intrinsic value. Speculation, on the other hand, occurs when people buy something without any consideration of its underlying value or the appropriateness of its price, solely because they think others will pay more for it in the future."
He still doesn't understand that to many, Bitcoin is not an investment. It's not about selling it to future greater fools. Many will buy, hold, and use bitcoin at any price because they consider it superior to fiat. In the future when the market saturates and the price stabilizes much higher, people will still buy and use bitcoin because it is deflationary. Their bitcoin will continue to drift slightly higher in value even after most speculation has subsided, simply because the fiat all around them is still declining in purchasing power towards eventual zero. Their savings (purchasing value) will be protected with bitcoin.
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Fake fake news ? :>
Every notice how this supposed news comes out just when Westerners wake up, and while the Chinese (including Chinese authorities) are asleep? I wonder who the target audience is? Yep..
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The mainstream news in every country continues to embarrass itself, and to make itself more and more irrelevant every single day.
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Interesting that Gold is getting smacked down at the exact same time.
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^ Jbreher is one of those ... they think we pay $6-$8 per tx lol.
No, my claim is that fees are ~1000x more on a Bitcoin Segwit transaction as compared to a Bitcoin Cash transaction. Which you would realize, were it not for your overwhelming desire to castigate all who disagree with you, rather than absorb what it is that we type. For. it is all upthread in black and white. Or in monochrome green for all you old schoolers. But it is so much easier to straw man your way through life, innit? News flash asshole: No one gives a shit. No one cares. No one gives a shit about XT, BU, Bitcoin Cash, 2X, or any other future fork that you trolls can cook up. Your forked shitcoins will never go anywhere, they are not supported by merchants. They are not supported by the economic majority of users. You can't buy anything with that shit. All you can do is trade it back and forth to yourself. Have fun with that. Not to mention, that SegWit and Lightning Network are absolutely going to DESTROY all your silly arguments about transactions fees. As if you were actually trying to buy something with Bitcoin Cash anyway. Oh that's right I forgot, you can't. GIVE IT UP DUDE. NO ONE GIVES A SHIT. QUIT WASTING OUR TIME. STOP EMBARRASSING YOURSELF. PLEASE GO AWAY. Back to /ignore
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Gold just broke 1350 resistance. Bitcoin moving up. Silver moving up. Irma is coming. A Fed chair mysteriously resigns. Two known trolls on this thread that I have on ignore are still bantering with each other.
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"That seems bad to me because that it will seem like those UASF hats made a difference."
Someone needs to tell Peter R. that the UASF hats echoed the sentiment of the economic majority. Not his little tribal clan of big blockers who seem to want to derail Bitcoin decentralization at all costs. And if he hadn't noticed, the price rallied on SegWit lock-in and activation. So many trojan horse agents of evil milling around in the Bitcoin ecosphere...
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Heed their warning pleebs! Stay the fk away from Bitcoin foreverz! Because random person who writes for the interwebzines knows better than you!
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$4400 was an important Fibonacci target for Bitcoin price. Yes, the next Fibonacci extension is $7000. However it is way more probable that $5000 was the top for this cycle and we are in the dead cat bounce right now. Veterans are moving into cash because one day probably not far off some news event will cause a 50% crash in bitcoin price overnight. And price will not recover but keep going down. I want to see higher Bitcoin prices as much as anyone else but we are very late in this bull cycle and inevitably we will enter a bear phase lasting at least a year that could see price drop 50% to 75%. Before you take out a second mortgage to buy Bitcoin ask yourself if you can handle holding through a bear market.
Thanks for the advice, mom (er troll). Thank goodness that BitcoinNewsMagazine, the MSM of the Bitcoin world, is here to save us all from our stupid selves! Whatever would we do without you? /ignore
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Bitcoin have much better proprieties than gold, but people are still not accepting it as a store of value.
You want to know some other ironies that are lost on the sheeple masses? 1) Despite what online articles may allude to, rich investors and politicians are secretly buying bitcoin. They just don't advertise it. 2) Rich investors and politicians also use stocks as a store of value. What? Stocks you say?? They are so volatile, how can that be? Simple, they know that certain company stocks are a much better long term store of value simply because fiat is being inflated to infinity over time, losing purchasing power every single year. They actually HATE, detest holding fiat in their accounts.
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Its interesting to note that his definition says nothing about the underlying truths or value of the asset.
It continues to boggle minds that if some people lose confidence in one type of online digital currency (fiat), they might start to value another type of online digital currency (bitcoin) more. They are in the end both made by man, but the first is centrally controlled/issued and the second is controlled by math, rules, and the people. Some people just haven't taken the red pill yet and woken up from their delusions that they have believed their whole entire lives. These same minds must also believe that, in the beginning with like the first 100 people, that gold and silver were valuable as money (barter) because a king's government somewhere gave them permission and told them it was OK to be used for that. And without that outside permission first, that people were patiently waiting around for a govt authority to tell them what they should value as money. Lol.
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I guess yesterday that other author from seekingalpha was too bullish on Bitcoin, so they had to have another guy come in and smack it down really hard. Because, ya' know, completely schizo contradictions are always good to keep Average Joe confused and tentative. In other news, Roger Ver and big blockers rekt again: https://twitter.com/alansilbert/status/905106387260370945
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Finally someone with the permission and the balls to write something bullishly pro-Bitcoin. Too bad the article is behind a subscription wall.
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Yeah, and notice how he took the time to write a friggin' book! He's gotta double down on his pontifications, ya' know? Dinosaurs doing what dinosaurs do when the meteor (Bitcoin) hits. He'll probably be dead by the time we reach $50K/btc. From the grave he'll be saying "Yeah, but..but.. it's still a dumb investment!" <shakes zombie fist>
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More negativity from the 'Dumb and Dumber' trolling desk of Business Insider. This one follows up yesterday's article, just in case you missed the negativity from yesterday they want to make sure you hear it again today. Cryptocurrencies are continuing to fall after China's shock ICO banhttp://www.businessinsider.com/bitcoin-ethereum-price-fall-china-ico-crackdown-2017-9"Further falls could be on their way, with a China-focused executive from the trading platform eToro describing the ICO crackdown as a 'huge deal.' "
As usual, they just gotta get that negativity jab in there as the exclamation point. Keep those Average Joes far away from Bitcoin!
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Now all we need is CSW to fake his own death and really get the party started No worries on that. CSW is already a walking talking zombie, dead to > 99.9999% of the Bitcoin community. He just doesn't realize it yet. That's the problem with narcissists like CSW and Ver, they never do realize it.
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Are we rich yet? Rich a few days ago, but not anymore. Maybe I'll be rich again next week.
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Their whole goal was sub 4000.
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