BrightAnarchist
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Activity: 853
Merit: 1000
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April 05, 2013, 04:35:11 PM |
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I don't like stocks bearish kickstart today and rising dollar from bullish PoV.
I don't know why, but looks like some WS guys repeat stocks sentiments at bitcoin in evening. Whether they are hedging or what...
I'd stay prepared for taking profits from that
The DEFlATION trade is back, baby! Hark from 2008... Thiz one's going to be much bigger... Long the dollar, short the s&p... I'm ready for all this bubble crap to burn down  |
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lucif (OP)
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Activity: 462
Merit: 250
Clown prophet
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April 05, 2013, 04:40:06 PM |
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The DEFlATION trade is back, baby! Hark from 2008... Thiz one's going to be much bigger... Long the dollar, short the s&p... I'm ready for all this bubble crap to burn down fuck yeah... )) But I just prepared to be rich with bitcoin bullish trend =) Madness |
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myself
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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April 05, 2013, 04:56:11 PM |
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I don't like stocks bearish kickstart today and rising dollar from bullish PoV.
I don't know why, but looks like some WS guys repeat stocks sentiments at bitcoin in evening. Whether they are hedging or what...
I'd stay prepared for taking profits from that
The DEFlATION trade is back, baby! Hark from 2008... Thiz one's going to be much bigger... Long the dollar, short the s&p... I'm ready for all this bubble crap to burn down aye today $INX candle is sexy  |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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lucif (OP)
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Activity: 462
Merit: 250
Clown prophet
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April 05, 2013, 05:03:10 PM |
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Short bitcoin now, or play out final leg....
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ThickAsThieves
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April 05, 2013, 05:08:12 PM |
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Short bitcoin now, or play out final leg....
Could be a loooong leg. |
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Missionary
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April 05, 2013, 05:12:26 PM |
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Starting to look like we could have an immanent take off upwards.
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I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com |
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zkay
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April 06, 2013, 02:36:43 AM |
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Starting to look like we could have an immanent take off upwards.
What makes you say that? Just curious, and hopeful you're right. |
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lucif (OP)
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Activity: 462
Merit: 250
Clown prophet
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April 06, 2013, 03:11:51 AM |
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You know, this is all just nuts =) Bitcoin isn't a [classic] ponzi only because merchants accept it as payment option.
But do they accept Bitcoin? No. They accept Bitpay. It's a really different things. Merchants don't need bitcoin itself because of volatility. And what do we have? We have adoption, where all economics depends on TWO single points of failure: Bitpay and MtGox, where Bitpay hedges. This is just exreamly centralized economy based on decentralized currency? Nonsense!
Kill one of them and all will just stop exists: wordpress, namecheap, amazon and other famous merchants accepting Bitcoin Bitpay. Especially taking into account how much money Bitpay laundered for BFL scam.
This all can blow at anytime. I hope i will get rich first =)
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oakpacific
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April 06, 2013, 03:12:59 AM |
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You know, this is all just nuts =) Bitcoin isn't a [classic] ponzi only because merchants accept it as payment option.
But do they accept Bitcoin? No. They accept Bitpay. It's a really different things. Merchants don't need bitcoin itself because of volatility. And what do we have? We have adoption, where all economics depends on TWO single points of failure: Bitpay and MtGox, where Bitpay hedges.
Kill one of them and all will just stop exists: wordpress, namecheap, amazon and other famous merchants accepting Bitcoin Bitpay. Especially taking into account how much money Bitpay laundered for BFL scam.
This all can blow at anytime. I hope i will get rich first =)
You forget Silk Road. |
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lucif (OP)
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Activity: 462
Merit: 250
Clown prophet
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April 06, 2013, 03:17:28 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which have no other choice except bitcoin.
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oakpacific
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April 06, 2013, 03:19:25 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. |
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lucif (OP)
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Activity: 462
Merit: 250
Clown prophet
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April 06, 2013, 03:20:28 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. Am... Speculation? |
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lucif (OP)
Sr. Member
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Activity: 462
Merit: 250
Clown prophet
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April 06, 2013, 03:23:30 AM |
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I only say that all this legal scene will burn in some future. Not too distant. Probably on top of wave 5 off $0 Low (we are currently at wave 3)
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oakpacific
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April 06, 2013, 03:24:44 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. Am... Speculation? Speculation sure, but that's not what I meant. There are many places in the world where completely legal things are not allowed to be done(or just reserved for a bunch of privileged people). |
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ewibit
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Activity: 2955
Merit: 1049
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April 06, 2013, 08:35:20 AM |
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the dollar rally because of JPY
what is this? |
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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April 06, 2013, 08:39:41 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. lol did you just call Russia a second (third?) world country? |
Bro, do you even blockchain?
-E Voorhees
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oakpacific
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April 06, 2013, 08:46:02 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. lol did you just call Russia a second (third?) world country? Hmmm, why did they huddle together with nations like China to form the BRICS? There ain't one developed nation in this whole group besides South Africa, which unfortunately has a life expectancy of less then 50 years. |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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April 06, 2013, 09:38:02 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. lol did you just call Russia a second (third?) world country? Hmmm, why did they huddle together with nations like China to form the BRICS? There ain't one developed nation in this whole group besides South Africa, which unfortunately has a life expectancy of less then 50 years. I dont think its about development in this case, its about developing a competitor to the USD/EUR (ie joining forces to call the shots on a macroecon level). |
Bro, do you even blockchain?
-E Voorhees
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oakpacific
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April 06, 2013, 11:41:19 AM |
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Literally silkroad! You are absolutely right! Bitcoin has no future in legal world! Coz there nobody need such volatile currency or asset.
Only drugs, whores, gambling, weapons and other stuff which no other choice except bitcoin.
There are other completely legal things which will require bitcoins. You are Russian, I don't think I need to tell you in plain words. Bu first world people probably can't get it. lol did you just call Russia a second (third?) world country? Hmmm, why did they huddle together with nations like China to form the BRICS? There ain't one developed nation in this whole group besides South Africa, which unfortunately has a life expectancy of less then 50 years. I dont think its about development in this case, its about developing a competitor to the USD/EUR (ie joining forces to call the shots on a macroecon level). More idiots trying to outdo bitcoin? I don't think so. But stay on the topic, there is a reason why they are known as "emerging markets". |
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BrightAnarchist
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April 06, 2013, 01:33:13 PM |
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I only say that all this legal scene will burn in some future. Not too distant. Probably on top of wave 5 off $0 Low (we are currently at wave 3)
Proly true... but I'm thinking this is big wave 5 off the $0 low, and bitcoin is set to decline deeply for a long, long time. At least most analysts I've shown ths charts to think this looks like "an ending move", and it matches up with the S&P which finished potentially the most major top in all of history. The first bitcoin bubble was wave 3 a la 1929, and now we're nearing the big top a la 2000. Waves 1 and 2 were likely the moves up to 6 cents from 0 and then a correction back to 1 cent. Usually bubbles don't happen in first waves, only 3 and especially 5. Nobody notices 1st waves... But I still have to give the probability in favor of your count i.e, it being a big 3 by what is visible on a chart, i'm just saying a big 5 is probably a valid potential alternative. I think the sudden realization that bitcoin cannot scale and that altcoins will be risng in popularity will make people realize just how much they overexposed themselves to a single blockchain. Don't get me wrong I love bitcoin but the hype != reality here, it's cannot be the world currency anytime soon if it can barely handle the traffic from satoshidice |
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