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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370877 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
NotLambchop
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April 28, 2014, 01:31:11 PM

...
Why didn't you buy a castle yet?  Undecided

For the same reason he didn't dress up like a poor kid's idea of success & pose in front of a 70s Rolls?

I smell jealous fuckboys lol

So wait, that's the sort of thing you dream about?  Trailerpark notion of success?
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billyjoeallen
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April 28, 2014, 01:31:52 PM
Last edit: April 28, 2014, 02:16:42 PM by billyjoeallen



Hear, hear. He was not maybe the absolute, end of the game, forever, most genius around, but he certainly was more of a genius than those who did not buy at 10.



I DID buy @ $10. With everything I had. I just didn't have as much to start with.

Why didn't you buy a castle yet?  Undecided

Honestly, any castle I could have afforded even when BTC was $1100 would not meet my standards. Real estate is still way overpriced in the U.S. IMHO, and it is usually a cash-flow drain.

A depreciating currency should encourage frugality, not Lamborghinis and castles. I still have a lot to learn about responsible capital management, but the necessity of prudent cash flow management should be obvious.

EDIT: I should have said deflationary currency. Although BTC has been depreciating lately, this bear market will end eventually.
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April 28, 2014, 01:32:42 PM

...
Why didn't you buy a castle yet?  Undecided

For the same reason he didn't dress up like a poor kid's idea of success & pose in front of a 70s Rolls?

I smell jealous fuckboys lol

So wait, that's the sort of thing you dream about?  Trailerpark notion of success?

Did I say so? No
What Risto does with his money is none of your business, is it now?
ShroomsKit_Disgrace
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April 28, 2014, 01:35:47 PM



Hear, hear. He was not maybe the absolute, end of the game, forever, most genius around, but he certainly was more of a genius than those who did not buy at 10.



I DID buy @ $10. With everything I had. I just didn't have as much to start with.

Why didn't you buy a castle yet?  Undecided

Honestly, any castle I could have afforded even when BTC was $1100 would not meet my standards. Real estate is still way overpriced in the U.S. IMHO, and it is usually a cash-flow drain.

A depreciating currency should encourage frugality, not Lamborghinis and castles. I still have a lot to learn about responsible capital management, but the necessity of prudent cash flow management should be obvious.

Touché!
podyx
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April 28, 2014, 01:36:46 PM

Both the lambo and the castle was more or less publicit stunts so they can make your sorry asses some money Wink
niothor
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April 28, 2014, 01:37:17 PM

So , did this thread turned into what is Rpietila doing with his money thread ?  =))))))
Markus11
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April 28, 2014, 01:37:53 PM

So , did this thread turned into what is Rpietila doing with his money thread ?  =))))))
+1
NotLambchop
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April 28, 2014, 01:42:47 PM

...
Why didn't you buy a castle yet?  Undecided

For the same reason he didn't dress up like a poor kid's idea of success & pose in front of a 70s Rolls?

I smell jealous fuckboys lol

So wait, that's the sort of thing you dream about?  Trailerpark notion of success?

Did I say so? No
What Risto does with his money is none of your business, is it now?

I'm simply enjoying the show.  You value him for his financial acumen, while I enjoy his ability to make me grin.  Different strokes, that's all.
macsga
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April 28, 2014, 01:46:33 PM

So , did this thread turned into what is Rpietila doing with his money thread ?  =))))))
Wasn't it always like that? Only now paid trolls take a hit at him... like he cares Tongue
podyx
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April 28, 2014, 01:46:50 PM
Last edit: April 28, 2014, 01:58:39 PM by podyx


I'm simply enjoying the show.  You value him for his financial acumen, while I enjoy his ability to make me grin.  Different strokes, that's all.

Again, no, I never said so

If there's anything I value him for, it is his work
Won't reply to you anymore btw

Also I might add i'm not the type who buy expensive useless shit just cuz i'm insecure
I rather buy a watch for 500 dollar(usually looks better and cleaner imo) then one for $10k and give the reamining 9.5, if not to family/friends, then to charitywork or directly donate it
I am of the opinion that charing wealth is never wrong
macsga
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Strange, yet attractive.


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April 28, 2014, 01:51:38 PM

Let's get some pictures of the s(h)ituation here:
Warning: Quality TA follows:

I SEE A TRAIN COMING!!!!!1
dreamspark
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April 28, 2014, 01:51:48 PM

Anyways back on topic-ish...

Seems we are destined to meander around this price point until another China deadline. Bidsum has reduced 25% in the last couple of days and no real impotus from buyers to raise the price, all action is as you never would have guessed. Following China.

EDIT: Which means probably a mini rally coming up.
NotLambchop
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April 28, 2014, 01:55:36 PM

...
If there's anything I value him for, it is his work
...

Me too.  A nouveau riche d00d can't handle wealth and ends up in a nuthouse.
A bit of a tired cliche, not quite Walter Mitty tier, but it'll do, it'll do Cheesy
ChartBuddy
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April 28, 2014, 02:00:56 PM


Explanation
Ultros
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April 28, 2014, 02:02:39 PM

To me, promoting castles, lambos and any other bad-taste nouveau-riche ridiculous trophy is just another way of promoting Bitcoin to the average Joe. Reminds me of the last Scorsese movie. It's inelegant I guess, but it works on many people. If Bitcoin is truly the technological and economical revolution we expect it to be, then it will make everyone richer, especially the early adopters including those convinced by a picture of Rpietila smoking cigars. If it's the proper incentive for them, then they will surely be glad in a couple of years that there was someone to produce it. Maybe it's a strategy, or maybe it's just bragging, whatever. It's useful. Also, he made intredasting TAs.

Now back to the topic:

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April 28, 2014, 02:05:20 PM

I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley
ChrisML
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April 28, 2014, 02:06:43 PM

I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley

Shorting Bitcoin, risky business.
Dalmar
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April 28, 2014, 02:09:45 PM

I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley

Shorting Bitcoin, risky business.

He's temporarily going long USD, he isn't shorting.
UnDerDoG81
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April 28, 2014, 02:14:24 PM

I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley

Shorting Bitcoin, risky business.

He's temporarily going long USD, he isn't shorting.

I bought coins @780 and 680 so I cant short them. But I can buy some @300-400 and short them @500 to reduce my loss. Thats the plan Smiley
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April 28, 2014, 02:29:25 PM

I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley

Shorting Bitcoin, risky business.

He's temporarily going long USD, he isn't shorting.

I bought coins @780 and 680 so I cant short them. But I can buy some @300-400 and short them @500 to reduce my loss. Thats the plan Smiley
Good plan if you have the patience.
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