gentlemand
Legendary
 Offline
Activity: 2590
Merit: 3007
Welt Am Draht
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August 24, 2018, 09:26:12 PM |
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I am a twat.
Indeed. I put my sex change fund in. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Icygreen
Legendary
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Activity: 1464
Merit: 1135
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August 24, 2018, 09:26:23 PM |
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Mmm opening WO, and first thing to see Just an Arrow UP thats what i like Not only an arrow up but the ONLY option. |
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lightfoot
Legendary
Offline
Activity: 2996
Merit: 2183
I fix broken miners. And make holes in teeth :-)
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August 24, 2018, 09:50:25 PM |
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I am a twat.
Indeed. I put my sex change fund in. I put all my personal work product into it. I feel like John Galt, working for paper money to pay the paper bills but working for bars of gold for the real world. Except it's bitcoin. |
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crypmike
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August 24, 2018, 10:03:20 PM
Last edit: August 24, 2018, 11:18:10 PM by crypmike |
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Number of shorts is on the ATH so it makes sense to reduce the amount of them... so I expect that the price will go up  |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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August 24, 2018, 10:48:31 PM |
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infofront (OP)
Legendary
Offline
Activity: 2590
Merit: 2624
Shitcoin Minimalist
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August 24, 2018, 10:51:53 PM |
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How did you manage to get that portrait of R0ach? |
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infofront (OP)
Legendary
Offline
Activity: 2590
Merit: 2624
Shitcoin Minimalist
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August 24, 2018, 10:53:48 PM |
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If this pump-dump scheme will repeat some cycle, bitcoin will be considered a very bad store of value, and indeed it will be.
A good store of value is something that everybody trust is worth something now and will be worth something in the future, and that mantain value over time
You don't get to be a store of value without an insane amount of wreckage on the way up, especially when it starts literally at zero. Bitcoin fans simultaneously believe it's much bigger and much smaller than it actually is. To be a global store of value, and a stable one, it has to be many times larger than it is now which means plenty more outrage to come. Anyone parking their retirement funds in this at this stage is a twat. I am a twat. Twat #2 checking in. |
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xhomerx10
Legendary
Offline
Activity: 3486
Merit: 6333
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Mmm opening WO, and first thing to see Just an Arrow UP thats what i like Not only an arrow up but the ONLY option. And now with the call light on - which I thought was important. I also used #FF9900 as the base colour - which is Bitcoin orange. CCMF!!!  |
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crypmike
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August 24, 2018, 11:15:01 PM |
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LMAO, nice one  |
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Biodom
Legendary
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Activity: 3402
Merit: 2985
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August 24, 2018, 11:35:57 PM |
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I don't think that it is easy to purchase straight btc in ret funds.
As a surrogate, there is that swedish ETN (Bitcoin Tracker One, ticker CXBTF in US) that you can theoretically purchase for $ in US now.
You can do it in Fidelity, under two conditions:
1. You have to sign some kind of agreement that says that you are, basically, a most aggressive investor who may lose all of your money.
2. It also costs extra $50 fee for a foreign settle, so this only make some sense for larger purchases.
Strangely enough, you can see the quote on Ameritrade, but rep on the phone told me that I cannot buy it (at least in ret. account), even though I have the most aggressive status there too (to trade options, albeit very infrequently).
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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mic is finally gonna get his weekend pump   |
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Torque
Legendary
Offline
Activity: 3234
Merit: 4530
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Anyone parking their retirement funds in this at this stage is a twat.
I am a twat. Twat #2 checking in.  |
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OROBTC
Legendary
Offline
Activity: 2730
Merit: 1640
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August 25, 2018, 12:32:33 AM |
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Anyone parking their retirement funds in this at this stage is a twat.
I am a twat. Twat #2 checking in. If 1% of my net is in BTC (if 1% counts), then Twat #4 dropping by. If someone only has 1% in Bitcoin, then the downside is very limited. Should BTC go to, say, $40,000, then that 1% changes to around 5%. That risk:reward profile looks pretty good to me. |
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infofront (OP)
Legendary
Offline
Activity: 2590
Merit: 2624
Shitcoin Minimalist
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August 25, 2018, 01:09:10 AM |
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1% of my wealth is a peanut and some questionable deli meat.  Ah, the ol' Mike Tyson retirement plan. |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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I’m no longer sure I want to be part of the 1%. I've been through the desert on a horse with no name.  |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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August 25, 2018, 01:33:36 AM |
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lightfoot
Legendary
Offline
Activity: 2996
Merit: 2183
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 02:07:52 AM |
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Pump baby, PUMP!  |
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lightfoot
Legendary
Offline
Activity: 2996
Merit: 2183
I fix broken miners. And make holes in teeth :-)
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August 25, 2018, 02:11:47 AM |
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1% of my wealth is a peanut and some questionable deli meat. It wasn't that long ago when a good chunk of my net worth depended on the amount of gas in my car.... |
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