1645
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 11, 2019, 01:11:45 PM
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I lease my Mercedes to be honest, I like to drive a new car because I’m a snob. No worse investment (ok maybe BCH or BSV are worse ) than buying a brand new car yourself, as soon as you drive it off the forecourt it starts losing money. Not many people own a car any way, they have finance on it which isn’t much better than leasing. I suppose you have the car fully paid off at the end as an asset but then it’s old & lost loads of value any way. Just my opinion though. Another option is to buy cars with 2-4 years. They are almost new and you buy them at half the price... plus a load of extras if you choose wisely. I would never lease a car. In fact I am thinking about putting my Mercedes for lease. I don't really use it anyway. Never, ever, buy cars with lease/mortgage. Not only you will pay full price for a new one, but also around an additional 30% or even more because of compounding interest on that lease (which has way worse rates than a house mortgage). Worst deal ever! I would only lease if I were FILTHY RICH. So then I wouldn't care about wasting money and would not be tied to it. Poor people, like me, should avoid that and focus on saving or they will always remain poor.
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1652
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 09, 2019, 03:12:33 PM
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Tech support here? my scroll wheel started smoking when reading this topic?
Submerge it in water, that should help with the smoking. BLeh, I don't think drowning JJG would work. As I already said, he is antifragile. More fragile than you might gather from the surface. I gave you merit for the brief, concise and to the point reply. That's the way to go
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1654
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 09, 2019, 12:49:58 PM
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Something Pumpeth this way comes.
Probably. The bounce from the drop has been nice and clean. @VB1001 Hope your feline friend is getting better now and fully recovers from it. @Hairy In fact, if Bitcoin keeps following the pattern that would mean a bunch of months of sideways. Even if that does mean the bottom is already in, that many months of nothingness would probably induce enough despair in the remaining weak hands. BUT, if it breaks down from the pattern panic could ensue... which could be bad or good depending if there is a good bounce right afterwards or not.
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1656
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 09, 2019, 02:48:54 AM
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This really is a fractal So much that it is scary. I mean, if at any time it breaks the pattern...... Scary? Imagine if she keeps it, or breaks up. I am in "capitulation" mode, remember. I am prepared for the worst... for the best I don't need to. I don't like everyone is expecting to keep the pattern or even breaking up from it. We need more blood, depression and despair before a solid ath-worthy bull run. Joking apart, I don't know what to think myself. I also am inclined to think some real despair is needed before the strong hands can move on. As time passes, however, I see trend lines reversing and don't know what to make of it. What I've seen, a few times already, is that when she moves, she moves suddenly and unexpectedly. So we may be in for a rough ride indeed. There are a couple of critical moments when the likeliness of traumatic plunges will be higher. Someone here mentioned the first half of May, and I thought it was a smart point. Can't remember what it was, though. Besides, I'm sure other keen participants would be able to provide hypotheses that are just as smart, while predicting the opposite. So what do we know? Hodl. Agreed. HODL.
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1657
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 09, 2019, 01:30:50 AM
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According to the 2014 / 15 crypto market schedule, the train is running on time. This really is a fractal So much that it is scary. I mean, if at any time it breaks the pattern...... Scary? Imagine if she keeps it, or breaks up. I am in "capitulation" mode, remember. I am prepared for the worst... for the best I don't need to. I don't like everyone is expecting to keep the pattern or even breaking up from it. We need more blood, depression and despair before a solid ath-worthy bull run. That being said, today's bounce was nice even if with a shitty volume.
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1660
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 08, 2019, 11:29:47 AM
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The USA is corrupt. Don’t blame it on government subsidies
You need an IQ of zero to not be able to figure out that education in the US is stupidly expensive because the US govt is underwriting the loans. It's supply and demand. There's a finite amount of teachers and classrooms, so if you create loans that anyone can take without putting up any collateral, EVERYONE will take them and cause the price to skyrocket to artificially high prices and then probably implode the financial and education system with it. If it was real capitalism, you would have to apply to a private lender without the govt involved and nobody would get student loans without putting up collateral, and yes, less people would get loans, but the ones who did get them would only take a few years to pay them back instead of 20+ years. People claim the system HAS to exist this way to give a chance of upward ability to black noggers from the ghetto, but that's all a scam. The system exists this way solely to drive up prices and force people into bigger loans that end in life long debt slavery. It's a pity that even when you are correct in your assertions you feel the need to include your racist shit on it. I am quoting you this time because your analysis is mostly right and applies to almost everything where you give the people access to easy credit. Also the same reason why government/states spend money like there were no tomorrow.
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