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*You CANT make more of it at will*
... The miners are mining coin, increasing BTC supply at 10x the dollar inflation rate. Ten times. Bitcoin will not become a deflationary currency in our lifetimes. If you're impressed by the "at will" bit, I got an excellent investment opportunity for you: Like Howard Hughes, I keep all of my piss in mason jars. I can not produce more piss at will, and the influx of new urine will stop when I die. Making my piss an exceedingly valuable commodity. Get in on the ground floor? |
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Morning kids!  |
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302
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So what did you say the bottom was, rpietila? 340?  We're still hovering around that range... Nah. ~312. Good morning! |
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Gentlemen! Less bickering, more buying! 311 is unacceptable  |
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...But the fact that bottom price this time around has hit above $300 now twice is actually extremely bullish for Bitcoin. We have established the new low. ... Classic. |
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^
Sorta. Had a few luls. Your thread topic always gives me a giggle, but today... Today was special.
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How are you money hobbyists and trading enthusiasts planning to break this news to ur famblys?  what? What what? |
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How are you money hobbyists and trading enthusiasts planning to break this news to ur famblys? |
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looks like 327 is the magic number...for now
Yeah...  Edit:  |
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Protip: the public are never buying at this stage of a cycle - ever. A lot of coins have been sold in this decline, ergo a lot of coins have been bought, too. The big players will give the price a decent push upwards when the time is right and start another bull run. Bitcoins are getting easier and easier to obtain. Until then, it's accumulation time.
Didn't think it was possible, but that reasoning... Like palpable, visible manifestation of denial... Who is in denial? I am waiting for a capitulation flash crash to buy my last tranche of coins. I would much prefer that than this slow drawn out bear slide. I can also see the bigger picture. What exactly about my post did not make sense to you? Lol, if "the public are never buying at this stage of a cycle - ever," are all the bulltards lying through their teeth? Or are they the big players, AFA ur concerned? *Just what would it take for you to "buy [your]last tranche of coins"? Another, bigger bull trap? |
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Protip: the public are never buying at this stage of a cycle - ever. A lot of coins have been sold in this decline, ergo a lot of coins have been bought, too. The big players will give the price a decent push upwards when the time is right and start another bull run. Bitcoins are getting easier and easier to obtain. Until then, it's accumulation time.
Didn't think it was possible, but that reasoning... Like palpable, visible manifestation of denial... |
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Robert, if he is indeed employed by some nefarious entity trying to push down BTC exchange rate, and if his employer had realistic expectations... ...My guess is his employer is currently pic related.  |
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Depends on what you mean by "works." Certainly not as a store of value  Common misconception / mis-statement. "A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. " Bitcoin is an excellent store of value. -B- Only if your intent is to lose value. Today your coin buys two-thirds less than it did at the start of the year  Or three times the value of last year. ^ |
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Whether we are winners or we are losers the main thing is that we are all part of something great!
Exactly. I always assumed everyone was here for the luls and teh greater good. I find the very thought of profiteering on a technology still in its beta stages distasteful! |
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$336
tell your master im buying all of the cheap coins he is foolishly selling at this price  Robert Paulson, just how much buying are we talking here? Are these meaningful buys, or are you charging some fractions of a coin on ur mom's credit card @ Circlejerk? |
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Whatever model you used, don't adjust it. Burn it with fire.
Respectfully, intangible things do not combust. Nor would I destroy it if that is your meaning, rather I plan to adjust it given more data. Pedant. Don't adjust it. Kill it before it lays eggs. |
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Depends on what you mean by "works." Certainly not as a store of value Common misconception / mis-statement. "A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. " Bitcoin is an excellent store of value. -B- Only if your intent is to lose value. Today your coin buys two-thirds less than it did at the start of the year |
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