LFC_Bitcoin
Diamond Hands
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Merit: 11339
#1 VIP Crypto Casino
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February 06, 2018, 07:03:19 PM |
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So ... I think I will wait until 9k/10k to buy more BTC. I am just not sure if we bounced up for good or if this just a small pump before going all the way down to "I don't know" ... But if BTC hits 9k/10k again I feel it really will move up again. (And yes I will bite myself for not buying at 6,5k  ) Do you think bitcoin will be worth upwards of $20,000 at some point in the next few years regardless of what the price is now & how much it’s fallen? If the answer to the bolded is yes then what the fuck are you waiting for now, cheap couns. Load up whilst you can at these prices.
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Wekkel
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Activity: 3122
Merit: 1538
yes
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February 06, 2018, 07:03:37 PM |
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Biodom
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Activity: 4102
Merit: 4941
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February 06, 2018, 07:03:40 PM |
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Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)
technically, yes, but if they are almost 100% correlated, no big difference. coinbase indicates 6166 low. tradingview shows btc below 6K for a few minutes, hardly relevant (so far) personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price.
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vapourminer
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Activity: 4676
Merit: 4606
what is this "brake pedal" you speak of?
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February 06, 2018, 07:09:00 PM |
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Not surprised you have no merits. Dammit, why can't I demerit you??
On a serious note, I think this whole sMerit system needs a re-thinking. I wanted to merit this post, but find myself on my last sMerit. So now I'm forced to HODL my last sMerit. tossed ya a merit to help you recharge as i know youll pass em on to some worthy post or another. well, probably a worthy post. 
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600watt
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Activity: 2338
Merit: 2106
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February 06, 2018, 07:10:04 PM |
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Wekkel, this is the best one!
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vapourminer
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Activity: 4676
Merit: 4606
what is this "brake pedal" you speak of?
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February 06, 2018, 07:11:19 PM |
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I will merit someone for anyone for .01 BTC per Merit.
Get in while the price is low. ICO. Cheap Merits.
btw....we're up 1.5% for the day!
btc price has gone up 1.5% or the price for buying your merits has gone up 1.5%? 
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Torque
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Activity: 3822
Merit: 5504
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February 06, 2018, 07:22:57 PM |
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theymos
Administrator
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February 06, 2018, 07:25:25 PM |
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A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy? P.S. I totally called it in this post: I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.
So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.
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Sitarow
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Activity: 1792
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February 06, 2018, 07:27:48 PM Last edit: February 06, 2018, 08:46:37 PM by Sitarow |
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Note that old hardware may be turned off to make way for new hardware going online in march. https://i.imgur.com/v4xu4s1.png - OLD DIFFICULTY from December 6th 2017 New from January 26 2018. https://i.imgur.com/2oBJ4ZD.png
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Torque
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Activity: 3822
Merit: 5504
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February 06, 2018, 07:32:51 PM |
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A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?
Not sure. But it is troubling that some "safe haven" assets (like PMs) that in the past were considered inversely correlated with equities haven't caught the bid people would normally expect. It makes me believe that these assets are also over leveraged/inflated and tightly controlled by the Fed and CBs. It's like they don't want money to be able to run anywhere but where they want it to go (or stay). No free market. The "everything bubble"?
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kurious
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Activity: 2604
Merit: 1748
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February 06, 2018, 07:39:15 PM |
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Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)
technically, yes, but if they are almost 100% correlated, no big difference. coinbase indicates 6166 low. tradingview shows btc below 6K for a few minutes, hardly relevant (so far) personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price. I meant arguing whether the price went under 6K - but I can happily agree about Finex. I only go in occasionally for something that is impossible to do elsewhere, and only for as short a time as possible. I am based in the EU, so Stamp - which paid back when it was hacked, and generally doesn't fall down - suits me.
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RoomBot
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Activity: 2352
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February 06, 2018, 07:52:12 PM |
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Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)
technically, yes, but if they are almost 100% correlated, no big difference. coinbase indicates 6166 low [/s] BOTTOM for 2018tradingview shows btc below 6K for a few minutes, hardly relevant (so far) personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price. FTFY 
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Last of the V8s
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Activity: 1652
Merit: 4393
Be a bank
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February 06, 2018, 07:55:50 PM |
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hasn't worked in months. like your sheet thanks. some good memories with those old bricks. jalapeno ftw. 1% diff lol
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jojo69
Legendary
Online
Activity: 3514
Merit: 4983
diamond-handed zealot
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February 06, 2018, 07:57:24 PM |
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those Avalon 821s ... do you need the separate controller for a single unit or no?
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Last of the V8s
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Activity: 1652
Merit: 4393
Be a bank
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February 06, 2018, 08:08:40 PM |
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elg
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February 06, 2018, 08:09:02 PM |
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Jalapeno, owwww, you brought up bad memories..... Butterflylabs 
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RejectedBanana
Sr. Member
  
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Activity: 406
Merit: 551
I am a banana.
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February 06, 2018, 08:09:27 PM |
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choo choo
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milkshock100
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Activity: 242
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February 06, 2018, 08:11:40 PM |
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We are off to the races
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Last of the V8s
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Activity: 1652
Merit: 4393
Be a bank
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February 06, 2018, 08:14:47 PM |
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Jalapeno, owwww, you brought up bad memories..... Butterflylabs  oh sorry. i see you are quite an old member and must have had rough times with them. i was young then didn't even read the forum and it was a machine that printed money omg - my first baby. i did not know about the 'ndrangheta connection... 2 of my eventual 3 still work.
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