We can finally see some green! Well, this was predictable after 9 (10?) weeks of red. Not a real pump yet, but hopefully we'll see some $32-33k soon. So, is this a: * relief rally to $38-42k? * mighty bull starting back to ATH? * weak dead cat bounce to $30-32k with moar pain following? There's still a day left for proudhon's rally to $70k. ...
I think we really could see $70k this month. Things are looking pretty bullish from here.
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I was never much sympathetic to the people who got Goxed, because it was their damnfool fault for storing coins on a centralized exchange. Even though "not your keys, not your coins" was not yet a meme being stapled to the forehead of every n00b, it was damn obvious from 3-Jan-2009. Storing money in the custody of a trusted party, who may turn out to be incompetent or malicious - wasn't Bitcoin invented so we could stop doing that?
as i recall peeps at that time when it was obvious they were having problems some folks were deliberately buying coins on mtgox at a discount (they were cheap due to loss on confidence of them being able to withdraw) to try and move to another exchange or their own wallets because of the arbitrage opportunity. i believe some managed it and got a bit of profit however we all know what happened to the unlucky ones. It's been so long, but wasn't there a website where you could even trade coins trapped in GOX after they started to shut down? dunno bout that but peeps were offering to buy peoples mtgox accounts after it was shut down for like 10% (or whatever) of the accounts btc value. The site was probably www.bitcoinbuilder.comThis thread summarizes BID/ASKS for BTC stuck at MtGox. Let the trading begin! ... Edit 2: You can also trade GOX/BTC at www.bitcoinbuilder.com. Fee is 2% and ID-Verification is needed.
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On the other hand, I guess it is time to sell all the bitcoin: I think my first back of the envelope calculation about this scenario was pointing to 300,000 USD. Damn inflation. Can't they just print more gold to stop that happening? I thought most gold was paper IOUs.
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The EU is probably keeping 500 euro notes as legal tender because they know it's going to cost that for a McDonald's meal in the future.
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See you at 100k.
Jaywick Sands for 100k? Party in Jaywick casino?
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I'm starting to miss the old WO
NFTs? Is this some sort of joke? No, really. Don't look away. Is this SOME SORT OF JOKE? At least it started out as a joke. Then some mental peeps took it serious.
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I want all stablecoins (which are not really stable at all) to die so that everyone is invested in BTC.
Not sure what is stablecoins you mean because I can only see Bitcoin. Probably shitcoin 66.
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2027-Gibraltar (maybe on a cruise)?
Gibraltar + cruise + 250k party = YES. What's wrong with Jaywick Sands? We could have the party in Jaywick casino.
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We should have over that next month if proudhon's right about $70k this month.
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$29970!
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$30000!
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I just noticed the new poll. Why's there no $70k option for proudhon? ...
I think we really could see $70k this month. Things are looking pretty bullish from here.
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The McDonalds pattern?
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How old are these shitcoins? I can't be bothered to check, I guess they're pretty recent, yet their blockchains have already been halted... Will shitcoiners ever learn? Bittrex helped start it in September 2020. Coinmarketcap needs to update their info page to say TerraUSD has since gained the reputation of being shit, and the most unstable stablecoin. https://coinmarketcap.com/currencies/terrausd/TerraUSD (UST) was launched in September 2020 (in collaboration with Bittrex Global) and has since gained the reputation as the most scalable stablecoin. UST can be used in conjunction with LUNA, Terra's non-stablecoin crypto, or as a standalone token.
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How’s everyone doing ?
So we seem to get to normal cycle. This is fine. Just fine...
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? ... My avatar is a market sentiment indicator.
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