The question is how large are your expenses or better yet if they are in tune with somebody claiming to be "rich"...
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Or if not you'd be one of the subjects of my amusement. In a way you already are. Both of you.
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If I had the coins form back then and would plan on keeping them I wouldn't be busy cheering up uP UP on the forum either
We're just here because we are so rich that we don't have to work anymore. I take 5 minutes between beach and other pleasures to troll some bear on here while setting some orders. Why you are here, I honestly have no idea, you don't even trade. I do trade. And you ain't rich if you haven't sold.
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Horizons Ventures invested in BitPay, which is just Li Ka-shings Venture Capital firm.
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Well if I'd be doing that I would have cashed out too wouldn't I? That's the point everybody has to cash out at some point. And I know one thing: If I had the coins form back then and would plan on keeping them I wouldn't be busy cheering up uP UP on the forum either. So what's more pathetic, a missed opportunity or no opportunity at all?
I think we all know the answer. Ask yourself why I am still around? Well what has become out of this little experiment has become amusing, it's own little drama. If it weren't for figures like Bruce Wagner, pirateat40 and DPR I would have left a long time ago. Things keep happening, and once in a while I buy back a little and dump it on the next sucker for a higher price, I continue to make a little cash, and if Bitcoin goes to zero tomorrow for whatever reason I still have made my share off people like you.
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The amount of hubris here lets me think we are already at the peak of this suckers rally.
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there's not much more room for bitcoin to go. Next level is regulation and mainstream (which defeats the purpose of its existence anyway), which is a huge step forward. 40% of americans already know what it is. Ask someone on the street if they think bitcoin is a big deal. Answer is NO.
So the dilemna with bitcoin is that for its price to skyrocket it has to abandon its roots. Basically, bitcoin is kind of like a joke right now.
40% of Americans know what it is, or they have heard of it? These are very different statements. It's basically the same thing. Electric, How does it feel to be so obtuse as to have sold all your coins dirt cheap and now know that you could have been a millionaire but instead are a pitiful troll on a bitcoin forum? Sting much? Or do you just tell yourself that since bitcoin has to sell out to prosper that you were better than that all along? Bwahahahahahahahahahaa. Who laughs last laughs best. When I initially discovered bitcoin it was somewhere in the cents, before bitcointalk with satoshi still around. So right, I could have been a millionaire. Though when I got around to playing around with it, around the time I registered at the forum it already was past the 2011 peak. I couldn't have been a millionaire after that, so what do you know. At least I could have had the chance, and I never put anything in besides the coins I mined on my PC, so in a sense I got something for nothing, have you?
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Anyway, so if the daily does close above the SMA20 line, that for me essentially means that the bear has gone into hibernation.
Hasn't worked last time apparently, what makes you think it will work this time? And if it doesn't does that mean the bear market must continue? I think we all know the answer: Both things can happen either way and the price closing above or below SMA20 isn't that important.
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Yeah, whats the point of that ZH article? Nothing to do with Bitcoin.
The point is the correlation lucif pointed out in the past. Read the previous posts.
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These exchange code auctions are an act of desperation and should not be viewed as a sign for recovery. At best this could give us a nice suckers rally. Investors will continue to look for exits unless there is a clear sign situation is resolved.
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Do you guys understand that even if the market volumes are all bogus and made up to simulate buys to give an illusion of rising value, and then the exchanges would get cought doing this, then no actual laws would be broken and noone would actually be held responsible?
That's the horrifying thing. There is every incentive to do this, and it will only get more and more sophisticated. At least we know that when it's time to all end how it will happen.
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I dont understand these who are saying that China is out, haven't you guys done your research, China is all but out.. They still are holding about 70% of the btc markets volume. So I'm 100% sure that _IF_ chinese gov keep hitting the chinese exchanges like in the past, we are going to see 3rd flash crash. Source: http://data.bitcoinity.org/#caaaaadgaahuobi has been accused of faking a good part of their volume, don't know if it's true. But that has not as much to do with it. A crash comes when it comes.
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Uncertainty about the legal situation of the two biggest exchanges perhaps?
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So you are saying bitcoin is overbought, i say its a trend reversal
On low volume? Yeah, man, you are an expert. Use logscale, idiot Even on logscale bears don't have much time left: no need for name-calling. If you sold and the market gets away you have only yourself to blame. But don't worry, it was the correct decision at the time. Always. Right, the price totally can not move sideways through a trend-line and then make it's move.
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Bitcoin already surpassed gold-ounce parity briefly this month.
No it just failed it.
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lol how desperate is that?
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That's another, friendlier term for it.
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Lot of people that bought in during the $1000-$1200 lost 50% of their value/investment. You don't lose money unless you sell. Don't sell. This is called the sunk costs fallacy.
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