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It’s not a Ponzi it’s a ladder.
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More shorts closing out their position. We swap back to a bullmarket once the ratio of leveraged longs:shorts hits 2:1. IMHO. Currently 1.84:1 and rising.  |
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Good solid volume on this pump.
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Im not even sure. I just have to come in periodically to remind us that up doesnt mean $100K and down doesnt mean $100.
Its a good message we all need to hear. We have a small pump on at the moment but I'm not getting too excited about it yet. |
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its a trap its a trap its a trap 12K-14K then continue multi year bear market.
y tho? Because it's next in the series of events I mapped out months ago including a drop below 6K followed by a bounce to 13k I remember at 6K everyone was panic selling and calling 1K and I let you know that it was bouncing at least to 12K. Now that you have gotten this miraculous bounce and doubled your money with the perfect opportunity to sell, you demand ATH. You are too greedy. So, where to from here Tera? A possible further jump up as high as $14k then slow multi month grind down? |
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Who are Vasya, Mavrod and Sergei?
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So BTC is trading sideways and shitcoins are all falling. They should be rallying. So what changed?
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Meanwhile that 11K is proving to be quite a bitch.
Consolidation sideways away from an overhanging downtrend is a great gift. |
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Bearish hammer on the 4 hour. Bitcoin is dead.
Edit: a small sudden surge in shorts closing. Traders exiting their positions in relief ?
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I don't believe we will be able to transfer consciousness anytime in the foreseeable future. It is such a fragile thing - look at the mentally ill with their fully intact wetware.
Data density on its own is not particularly helpful. Siri is leading edge AI connected to the most powerful network (the internet) yet she is frightfully dim.
I fear we are still hundreds of years away from really understanding our own wetware.
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we were those kids
god, it seems like yesterday
Jojo, it was yesterday. |
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I’m not a believer until $11,200
You gotta think BIGGER than that. $11,200 is cake... or easie peasie. Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP. C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel? Dreamers  (or even believers) So tell us darling - how do we know the bear market is over? If we hit 20k it definitely is  Yeah that’s not particularly helpful for those who want to enter before then... |
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I’m not a believer until $11,200
You gotta think BIGGER than that. $11,200 is cake... or easie peasie. Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP. C'mon guys... do u rally believe the bear market is over? Just because we're on the edge of our channel? Dreamers (or even believers) So tell us darling - how do we know the bear market is over? |
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A question running through my mind for the last few months:
For a society so used to a somewhat stable money value, what will be the effects of volatility in the masses? What I mean is: Having something I believe is sovereign money, although volatile, continues to change my relationship to traditional paper money and bank digits (taking a back seat). When the masses come to accept this, I expect some drastic reality shift I can't quite imagine today. Maybe it's not yet a question that can really be answered today. Maybe better, How has your relationship to money changed since bitcoin? Too serious?
My relationship with money has changed a lot. Almost every day, it occurs to me that so many worries and tears and toils are about - what - a btc cent? Ah, no, that's 1.5 cents. It doesn't change anything - all is relative, but in these occasions I feel like I'm living on another planet. Perhaps more interestingly, now I see fiat money as funny color printed slips of paper that people give value to even if in some sense it isn't "real". It has no objectivity, for lack of a better word. Or... no, wait a minute. We don't even get to see those slips of paper much anymore now, do we? More often that not, fiat money is a bunch of numbers in a giant database, much like bitcoin. Except, there are guys that have the master keys for some parts of this huge database, so they can edit, hack and play within a loose set of rules. No, I've got no such key unfortunately. Also, bitcoin has taught me that my most precious resource is time. No matter how rich or lucky I am, my lifetime is capped. No soft or hard fork can inflate my healthy living years to 1000. It's important to make each minute count. You need to find a good woman and fork her. |
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Is singapore worth a visit? Taiwan?
Depends why you are going. F1? Singapore is Asia-lite. Good place to take people who have not been to Asia before who might find India or Indonesia a bit in your face. Singapore is very clean and very safe. Little India is awesome. On the downsides, booze is expensive and it’s tiny. I haven’t been to Taiwan so can’t comment. |
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Downtrend now broken on Bitstamp.
Kettle getting warmer.
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