goldkingcoiner
Legendary
 Offline
Activity: 2226
Merit: 1981
A Bitcoiner chooses. A slave obeys.
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March 03, 2020, 04:20:50 PM |
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Dow-Jones Industrial sat on a wall
With Standard and Poor's, he took a great fall
And all the King's printers and all the King's hoes
Couldn't bring either back on their toes
The most disturbing thing about the original rhyme was that Humpty Dumpty was never mentioned to be an egg. |
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d_eddie
Legendary
Offline
Activity: 2674
Merit: 3597
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March 03, 2020, 04:27:03 PM |
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Observing unusually sharp spikes in the price over short time scales. Smells like sloppy whales accumulating more than selloffs.
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mindrust
Legendary
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Activity: 3430
Merit: 2539
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March 03, 2020, 04:41:51 PM |
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*FED CUTS BENCHMARK RATE 50 BPS, SAYS VIRUS POSES EVOLVING RISKS
wow!
Feels sad man. Isn't btc supposed to follow gold? Gold is +3% while btc is -1%. This decision is the final nail on the FED's coffin. QE and low/negative interest rates forever. |
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lightfoot
Legendary
Offline
Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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March 03, 2020, 05:17:06 PM |
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Hm. Market is down 243 points. How odd after a half point "surprise" rate cut. Almost as if someone got an early dime on it over the weekend and did their buying yesterday.
But how could that happen?
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lightfoot
Legendary
Offline
Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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March 03, 2020, 05:32:53 PM |
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Oh great, they're cancelling orgies?
This is going to suck.
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bkbirge
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Oh great, they're cancelling orgies?
This is going to suck.
Or not as the case may be. |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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March 03, 2020, 05:38:31 PM |
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Oh great, they're cancelling orgies?
This is going to suck.
Dogging is a rather more solemn occasion. Middle aged men gather around middle range family sedans in darkened woodlands and watch them wobble back and forth while the windows slowly steam up. Then they return to their homes and sit in silence and consider what they have witnessed. I expect just like gay folks have their 'bug chasing' family fun nights where they hand out HIV like sweeties, sexpeople elsewhere will have virus nights. You only get in if your temperature is high enough. Then everyone lets rip. |
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LUCKMCFLY
Legendary
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Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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March 03, 2020, 05:44:13 PM |
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LFC_Bitcoin
Legendary
Offline
Activity: 3710
Merit: 10436
#1 VIP Crypto Casino
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March 03, 2020, 06:02:07 PM |
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Prostitution & dogging don’t need to be cancelled. As long as precautions are taken it should be business as usual.  |
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Phil_S
Legendary
Offline
Activity: 2116
Merit: 1554
We choose to go to the moon
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March 03, 2020, 06:10:07 PM |
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Aaaaaaand how to explain this one at home?  "Licked the shrines" |
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fillippone
Legendary
 Online
Activity: 2338
Merit: 16659
Fully fledged Merit Cycler - Golden Feather 22-23
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March 03, 2020, 06:18:52 PM
Last edit: May 16, 2023, 06:31:37 AM by fillippone Merited by JayJuanGee (1) |
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*FED CUTS BENCHMARK RATE 50 BPS, SAYS VIRUS POSES EVOLVING RISKS
wow!
Feels sad man. Isn't btc supposed to follow gold? Gold is +3% while btc is -1%. Honey badger doesn't give a fuck. Good point. Bitcoin has been UNCORRELATED to other asset classes.
If stocks drop, this does not mean Bitcoin has to pump. If gold prices climb, this does not mean Bitcoin will rise with it everytime.
Not negative or positive. UNcorrelated.
Narratives will come & go.  Source: https://twitter.com/VentureCoinist/status/1232671637130088449Totally agree with the above tweet. Digital gold, or “anti-fragile” asset class are still narrative, not corroborated by numbers. Positive fact: We are still early in the adoption cycle: staking sats is still a good idea! Fun fact. If digital gold narrative gets traction, actually the correlation with gold would be negative. If bitcoin would prove a reliable store of value, then price of gold would drop to the “intrinsic” or industrial value, being the price stripped of the financial value. I suspect this would also happen also to other asset classes (like real estate, I guess) This decision is the final nail on the FED's coffin. QE and low/negative interest rates forever.
it's not by chance that it's Called "QE4Ever". |
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Torque
Legendary
Online
Activity: 3738
Merit: 5336
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March 03, 2020, 06:28:04 PM |
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I think it's time we called in the real Guardians. These fakes are toast.  |
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Torque
Legendary
Online
Activity: 3738
Merit: 5336
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March 03, 2020, 06:32:48 PM |
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*FED CUTS BENCHMARK RATE 50 BPS, SAYS VIRUS POSES EVOLVING RISKS
wow!
Must be what the rally was about yesterday. Some peeps got wind of the cut early. Of course they did. The Fed has been leaking decision info to "the club" since forever. |
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fillippone
Legendary
Online
Activity: 2338
Merit: 16659
Fully fledged Merit Cycler - Golden Feather 22-23
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March 03, 2020, 06:33:05 PM |
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You are in trouble when you were supposed to go out for your usual futsal match with your friends.... |
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jojo69
Legendary
Offline
Activity: 3346
Merit: 4620
diamond-handed zealot
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March 03, 2020, 06:36:56 PM |
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lightfoot
Legendary
Offline
Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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March 03, 2020, 06:40:45 PM |
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I'm sure they are filled with candy for children.
That said, this is becoming more and more an Atlas Shrugged chapter every day. As the "Economic Dictator" Wesley Mouch demands that scientists PRODUCE a vaccine and markets RISE by DIRECT ORDER I sit here and go "Hm.".
Go figure.
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jbreher
Legendary
Offline
Activity: 3052
Merit: 1663
lose: unfind ... loose: untight
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Which is exactly why there is no reason for the boomers here to be butthurt when I talk about how they all deserve to die.
Altogether too true. Inasmuch as we are human. Life extension tech is unlikely to reach escape velocity in our lifetimes. You deserve to die too, motherfucker. (In my most benevolent paternalistic voice...) |
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