Weird times. It's like nobody gives a crap about crypto. Yet prices are still very high considering (bitcoin + alts). There is like one boring pump on augur to pretend the market is still alive lol.
There will always be a steady supply of noobs to keep it from bottoming completely. Whales know this, so they walk us down slow to scoop up as much krill as they can mouth. We'll hit $6k before we hit $10k. I bet |
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Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?
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Buy the dips folks!
Betting last one before 2018 rally begins
Oh really. |
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Neither traders, nor miners will make profits if we stay longer at 7-9K range. Btw, the revenue for the antminer s9 dropped again below 7.5$ per day. In comparison, in November 2017, when the price was in the same range, the revenue was 28$. In August, when the price was 3K, the revenue was 16$. The always rising difficulty will bring to a negative number the profit very soon. Perhaps in 4-5 months the revenue would be 1$, if we stay in the range 7-9K. Provided that s9 needs 3.3$ if the electricity is 0.1$ (resp. 1.65$ if it is true that in China the electricity is 0.05$), the miners will have to shut down their s9's, not to mention the previous models. From my experience, the price NEVER stays long around the breakeven point.
Traders are probably all short with Bill Gates and Tone Vays. Clever ones at least. |
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I love how the bullish goon squad just vanishes at times like this. Really makes you think.
We are busy doing some (very cautious) bargain hunting. All in fancy cars before it's too late? |
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I love how the bullish goon squad just vanishes at times like this. Really makes you think.  |
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Where are all the cheerleaders? C'mon, go Bitcoin go  |
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Ouch. Dump city. I knew you were all up to no good.  |
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Good evening, Bitcoinland.  |
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I read all of that. Didn't even hurt much. Fair play.
Goodnight Bitcoinland, wherever you are.
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I don't want to make a big thing about it. It's late and I'm probably on drugs. But the idea is bottom-up, not top-down. Central planning is dangerous and not antifragile. I mean, isn't that why we're here in the first place?
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Governments are not the people. Nation states are horrible. Stalin could never have existed in a municipality.
Jay, stop trolling.
I think everybody is on drugs tonight. Is it?
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I followed Taleb on Twitter for awhile. He has a thin skin and can’t handle journalistic criticism of his latest book. So he comes across as a petulant child. There are enough children in the cryptosphere without adding them to my feed.
In the aftermath of the banking crisis The Wall Street Journal suggested that he “stock up on bodyguards.” Now he can deadlift 330 lbs. I haven't heard him say much about Bitcoin but I'd be bloody surprised if he wasn't a fan. |
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taleb sounds more idiotic with every utterance he makes about bitcoin
To be fair: "[Bitcoin's] mere existence is an insurance policy that will remind governments that the last object establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future." Nassim Nicholas Taleb |
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Sorry BCash shilling fucktards, but your goose is cooked. You lost. It's over. In fact, BCash never stood a chance. It was DOA.
OTOH, BCH/BTC is quite positive -- ~20% -- on the week. Cheers! Cheap knock-off flippening drama.  No wonder you're making your presence known. Humbug. No. Once again, I did not insert BCH into discourse. I was merely replying to Torque's objectively flawed assertion. Daytraders gotta daytrade. You're all over this place when your pet project is pumping. |
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