shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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July 18, 2015, 01:05:20 AM |
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Bids growing, asks growing..... who's bluffing?  Hmmm, bluffing, - pretending - faking - posturing... a charade. Our entire globalized, inter-connected economy is built on bluffing. It's just a whole lot of debt that can't ever be paid back and the only way forward is more debt. So what's your take? Is someone who holds a large position in bitcoin bluffing the system? Or is it the incumbent? The person who has been profiting from this fiat debt charade; the person who's livelihood depends on the continuation of the charade; the person who's fortune could be destroyed by the slightest disturbance in the status quo? There are some hands in this game that will not be shaken out. Go ahead. Call my bluff. I'm all in. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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ivanst776
Legendary
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Activity: 1540
Merit: 1003
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July 18, 2015, 01:12:36 AM |
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I've been out since the end of the OKCoin ddos pump. Missed out on the rise, unfortunately, but I'm not getting burned by this downtrend either.
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misterycoins
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July 18, 2015, 01:15:49 AM |
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this low is temporary, looks more like a panic sell to me. I'd be more worried about continuous sliding if we breach 270, that was the price when we started this last bull run.
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Cconvert2G36
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July 18, 2015, 01:22:06 AM
Last edit: July 18, 2015, 01:51:44 AM by Cconvert2G36 |
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this low is temporary, looks more like a panic sell to me. I'd be more worried about continuous sliding if we breach 270, that was the price when we started this last bull run.
Holding 270 would be nice, 252 and 219 weren't all that far back in the rear view mirror tho. The key right now is to withstand the few thousand coins liable to be dumped by the impatient. It will rise naturally if/when profit taking is absorbed. |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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July 18, 2015, 01:30:16 AM
Last edit: July 18, 2015, 01:42:49 AM by shmadz |
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I've been out since the end of the OKCoin ddos pump. Missed out on the rise, unfortunately, but I'm not getting burned by this downtrend either.
I've been in since the end of the $32 pump back in 2011. Missed out on nothing, fortunately, but I'm not totally immune to this downtrend either. It would be nice to never be wrong, but I think it's ok to be wrong every now and then as long as you're right when it counts. (Edit: I didn't mean to sound like I got it perfectly right, I just mean to say that the market can move fast and it's much better to be on the right side when it does.) |
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Alley
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Activity: 910
Merit: 1000
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July 18, 2015, 01:37:45 AM |
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I'd be nervous NOT to be in right now.
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 18, 2015, 02:01:34 AM |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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July 18, 2015, 02:36:42 AM
Last edit: July 18, 2015, 03:01:56 AM by shmadz |
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I'd be nervous NOT to be in right now.
I think it's prudent to be nervous on both sides of this bet right now. It's always been a risky play. I think the decision comes down to "1- does this technology work? 2- Will it survive attack?" If you believe both of these questions resolve to yes, then the potential returns on investment should outweigh the risk. If you have doubts? Then your risk assessment might not allow for such a speculative play. Personally, I think there is a significant risk of attack from within. There exists an attack vector where one person or one group becomes the incumbent contributor to the bitcoin code. If changes are not sufficiently challenged and vetted there exists a real threat that someone could be coerced to add some seemingly innocuous code (expand the blocksize to 200 MB perhaps?) Which would effectively kill the bitcoin protocol as a censorship resistant form of transferring value.That being said, there is a group which concentrates on purifying the code and removing unnecessary cruft from the code base. Luckily, because of the nature of the consensus mechanism, it is unlikely that any change will be allowed to happen absent the approval of said group. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 18, 2015, 03:01:31 AM |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10241
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2015, 03:26:32 AM |
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Prepare for a fun weekend as money hits the exchanges Generally speaking, money does NOT hit the exchanges on the weekends... |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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July 18, 2015, 03:36:19 AM |
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Prepare for a fun weekend as money hits the exchanges Generally speaking, money does NOT hit the exchanges on the weekends... Generally speaking, JJG used to use many more words. I, for one, prefer the new posting style. Welcome back Jay! |
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ask
Legendary
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Activity: 1386
Merit: 1004
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July 18, 2015, 03:44:42 AM |
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Countdown to MOON has just begun.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 18, 2015, 04:01:37 AM |
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Chef Ramsay
Legendary
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Activity: 1568
Merit: 1001
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July 18, 2015, 04:16:45 AM |
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We're rising on a Saturday morning (2.76$) and so is litecoin at this point. I'm betting on litecoin doing something more parabolic than what we've seen in recent times -.06-.08 when it's all said and done. Last few days were shakeouts but brutal, now we make a move. Holler if ya hear me!  |
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TerraMaster
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July 18, 2015, 04:22:40 AM |
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I do believe we may have found the bottom? Lot more optimistic today... ok, 280.00 still looks nice to me lol |
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BlackSpidy
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July 18, 2015, 04:31:50 AM |
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We're rising on a Saturday morning (2.76$) and so is litecoin at this point. I'm betting on litecoin doing something more parabolic than what we've seen in recent times -.06-.08 when it's all said and done. Last few days were shakeouts but brutal, now we make a move. Holler if ya hear me! Damn it, I want to believe! But I'm just not feeling it at the moment. Maybe next week. We'll see. I need $340, so if the universe wants to deliver that this weekend... that would be cool. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 18, 2015, 05:01:28 AM |
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edgar
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Activity: 1848
Merit: 1001
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July 18, 2015, 05:08:17 AM |
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Hollaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
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ask
Legendary
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Activity: 1386
Merit: 1004
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July 18, 2015, 05:16:35 AM |
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Something is going on...
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ejinte
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July 18, 2015, 05:53:47 AM |
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Something is going on...
What? Where? When? |
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Poll
