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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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August 28, 2018, 12:24:37 PM |
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miners are the natural shorts and since Bitmain is/was the biggest miner i'm assuming they are the big fat short that looks like it is getting plucked and roasted about now
I think you described things the exact opposite of how they function in reality. How it really works is, shorting is only supposed to exist so people like farmers can hedge their crops; except in bitcoin, anytime a miner actually loads a big short to hedge current profits, they instantly get squeezed by the manipulator on Bitfinex. So longs and shorts exist for absolutely no reason in bitcoin other than market manipulation, kind of like how there's no reason for bitcoin to exist since it does everything worse than silver and gold except how fast it can be dumped. |
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ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
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August 28, 2018, 12:26:07 PM |
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Nice work Hairy. Out of curiosity, which path are you leaning towards if not the accelerated version?
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
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August 28, 2018, 12:27:07 PM |
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IF we repeat the 2013 twin peak pattern after 1st halving, and adjusting for extended peak-to-peak timeline (22months:30months), we could be looking at final 2nd halving bull run blow-off phase beginning soonish and peaking out ~early-Feb 2019 (48months:65months) ... slower but in the same ratio.
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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August 28, 2018, 12:34:12 PM |
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Nice work Hairy. Out of curiosity, which path are you leaning towards if not the accelerated version?
The slow, non-twin peak version. I think we have had our blow off top and will hit $20k++ sometime between early 2020 and late 2021. |
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Torque
Legendary
Offline
Activity: 3766
Merit: 5380
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August 28, 2018, 12:35:10 PM
Last edit: August 28, 2018, 02:57:07 PM by Torque |
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Paul Krugman : What an idiot  https://twitter.com/paulkrugman/status/1033393663450259459He discounts/ignores all of these things:1. 2017 run up as on-chain noise (i.e., pure trading transactions not retail activity) 2. After Jan 2018 exchanges started batching transactions 3. Off-chain Lightning Network happened for small retail transactions 4. Trading activity lower right now due to bear market |
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LFC_Bitcoin
Legendary
Offline
Activity: 3738
Merit: 10570
#1 VIP Crypto Casino
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August 28, 2018, 12:35:51 PM |
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Nice work Hairy. Out of curiosity, which path are you leaning towards if not the accelerated version?
The slow, non-twin peak version. I think we have had our blow off top and will hit $20k++ sometime between early 2020 and late 2021. Before a potentially manipulated epic BULL run laced with FOMO to $50,000 |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4393
Be a bank
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August 28, 2018, 12:42:50 PM |
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 another way to 'fit' the 2014 fractal lol |
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bitserve
Legendary
Offline
Activity: 1876
Merit: 1587
Self made HODLER ✓
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August 28, 2018, 01:13:44 PM |
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another way to 'fit' the 2014 fractal lol Dude, that dump from 100K to 12K is fucking savage, you bearshit! |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4393
Be a bank
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August 28, 2018, 01:14:53 PM |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4393
Be a bank
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 such bearish very newb wow |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4393
Be a bank
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August 28, 2018, 01:22:16 PM |
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I love you, Bob. Now I can go back and merit all r0ach's insightful contributions.
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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August 28, 2018, 01:32:58 PM |
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Raja_MBZ
Legendary
Offline
Activity: 1848
Merit: 1505
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August 28, 2018, 01:46:53 PM |
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Bitcoin rose from 7k to just shy of 20k from the middle of November to the end of December. It crossed 5k for the first time in October.
Let’s remember the above & be patient. We might get an end to 2018 of bankrupt shorters after all.
OMG I don't want that to happen at all. I need more time for more accumulation... MORE TIME! |
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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August 28, 2018, 02:01:59 PM |
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Bitcoin rose from 7k to just shy of 20k from the middle of November to the end of December. It crossed 5k for the first time in October.
Let’s remember the above & be patient. We might get an end to 2018 of bankrupt shorters after all.
OMG I don't want that to happen at all. I need more time for more accumulation... MORE TIME!we all had plenty of time |
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infofront (OP)
Legendary
Offline
Activity: 2660
Merit: 2868
Shitcoin Minimalist
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August 28, 2018, 02:09:14 PM |
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I must disagree. Bitcoin rose from 7k to just shy of 20k from the middle of November to the end of December. It crossed 5k for the first time in October.
Let’s remember the above & be patient. We might get an end to 2018 of bankrupt shorters after all.
20K next month confirmed. Let's do this. |
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JimboToronto
Legendary
Offline
Activity: 4214
Merit: 4987
You're never too old to think young.
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August 28, 2018, 02:21:02 PM |
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Good morning Bitcoinland. Nice to be back over $7k... currently $7087USD/$9150CAD (Bitcoinaverage). Dog days almost over? I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.
Because:  This thread is the spice of Bitcointalk. |
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aaroque2003
Jr. Member
Offline
Activity: 188
Merit: 7
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August 28, 2018, 02:28:39 PM |
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such bearish very newb wow I wish I have some Merits Sir... Thank you for this...! Have a great and Blessed day.. |
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