Karartma1
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Activity: 2310
Merit: 1422
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June 30, 2016, 04:47:42 PM |
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Good morning Bitcoinland. Creeping slowly up again. Back over $700 soon? You clearly missed the recent fun but good morning anyway. Upward movement is a bit blocked at the moment. At least it seems some new money are coming in.
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_nur
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June 30, 2016, 05:05:16 PM |
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come-on where's my 1000/btc??😠😠
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hatshepsut93
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Activity: 3038
Merit: 2160
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June 30, 2016, 05:35:09 PM |
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come-on where's my 1000/btc??😠😠
who knows, maybe in a month or two, maybe by the end of this year
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Dilla
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June 30, 2016, 05:36:10 PM |
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come-on where's my 1000/btc??😠😠
who knows, maybe in a month or two, maybe by the end of this year Two Weeks ™
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becoin
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Activity: 3431
Merit: 1233
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June 30, 2016, 05:50:41 PM |
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They kill infidels and have poor money-management skills?
With bitcoin you don't need any money-management skills. Just keep your bitcoins in a safe wallet and spend them at the very last moment.
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savetherainforest
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June 30, 2016, 05:56:55 PM Last edit: June 30, 2016, 10:54:50 PM by savetherainforest |
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matt4054
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Activity: 1946
Merit: 1035
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June 30, 2016, 06:02:43 PM |
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Who else is tired of this 630 bullshit? We need 680 in the next 24h
So, here we are. What now?
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JayJuanGee
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Activity: 3850
Merit: 10871
Self-Custody is a right. Say no to"Non-custodial"
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June 30, 2016, 06:29:14 PM |
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Everyone ready for the down leg?
Yeah... Let me see if I can get some folks to sell their coins under $780... Let me guess: you didn't sell any? Have you traded (sold) at all in the past, or just DCA bitcoins? Do you have a trading strategy (which you can describe in less than 500 words)? Yeah, beefie... you are a trolling presumptuous newbie that assumes he knows what others are doing or just makes shit up in order to tell the story that he wants to tell, and so far you have not added any value to this thread or any specifics regarding your own bitcoin strategy (if any or if it even matters)... why don't you disclose a little bit about your own bitcoin trading strategies, if you have any, you dweeb? In sum, for the benefit of anyone who may be interested besides you idiot not lambchop trolls, I dollar cost average bought bitcoin between November 2013 and October 2015. I did not sell any coins during that period. I do still continue to buy some coins with extra money that i have in my cashflow on a dollar cost averaging basis. From October 2015 to present, I have been selling coins on the way up, and buying back on dips (also known as trading), and in that period of time, I have acquired nearly 10% more bitcoins with the same initial investment capital and currently I have also stacked up a bit more than 5% of my total bitcoin portfolio in fiat, for buying on the way down.
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JayJuanGee
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Activity: 3850
Merit: 10871
Self-Custody is a right. Say no to"Non-custodial"
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June 30, 2016, 06:48:32 PM |
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@current prices that is one btc per day. Does that mean that they are attempting to regulate (or to make illegal) the sending and receiving of bitcoin through private parties of more than the value of 200 CNY?
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spacehopper
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Activity: 121
Merit: 10
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June 30, 2016, 07:12:41 PM |
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There's stories about it all over the internet now. The financial times says it lost €6.8bn last year. This is why Satoshi invented bitcoin, if Deutsche Bank goes bankrupt more people will start storing their money in bitcoin rather than trust a bank. The price rise will be higher than we expected. Deutsche Bank May Be Top Contributor to Systemic Risk, IMF SaysDeutsche Bank hit by IMF hazard warningThe bank is battling to settle a number of regulatory probes — including into its mortgage-backed securities business and its Russian operations — and is also in the midst of a 5-year restructuring effort aimed at boosting capital and profits. Last year it suffered a €6.8bn net loss.
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MinermanNC
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Activity: 2198
Merit: 1000
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June 30, 2016, 07:20:07 PM |
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Seems to be struggling with the old 666 syndrome again lol
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AlexGR
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Activity: 1708
Merit: 1049
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June 30, 2016, 07:22:33 PM |
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http://www.zerohedge.com/news/2016-06-27/two-black-swans-far-greater-brexit-are-horizonWhile the world continues to focus on the BREXIT, two other, much larger problems are emerging.
The first is that the US is back in recession. Labor Market Conditions, Industrial Production, the Dallas Fed Workweek, Commercial and Industrial Loan Delinquencies, Corporate Debt Levels, and Inventory Accumulation are ALL in recessionary territory.
Because it is an election year, there is an even greater need to maintain the narrative than usual. So don’t expect an official announcement of this recession until sometime in earl to mid 2017
Regardless of when the elites announce it, the fact remains, the US is in recession. , Seven years of ZIRP and $3.5 trillion in QE by the Fed generated the weakest recovery in seven years. And the Fed is now out of any effective ammo (the benefits of a rate cut would be transitory at best).
In short, the academically based theories of the Fed’s Presidents have been proven to be bunk. The Fed cannot stop the business cycles. All it has done is create a bubble in every asset class under the sun. And this time around, stocks will be crashing to new lows below the March 2008 levels of 666 on the S&P 500.
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MinermanNC
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Activity: 2198
Merit: 1000
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June 30, 2016, 07:28:42 PM |
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Yep we in bad shape again... never really got out of it. Take away the bail outs, and all the QE and the 8 trillion or so over budget for the last 7+ years, that mask the real issues... well we in big trouble at some point...
What do that say.. you can't borrow your way out of debt, though some in power haven't been told that yet apparently
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spacehopper
Member
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Activity: 121
Merit: 10
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June 30, 2016, 07:29:34 PM |
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http://www.zerohedge.com/news/2016-06-27/two-black-swans-far-greater-brexit-are-horizonWhile the world continues to focus on the BREXIT, two other, much larger problems are emerging.
The first is that the US is back in recession. Labor Market Conditions, Industrial Production, the Dallas Fed Workweek, Commercial and Industrial Loan Delinquencies, Corporate Debt Levels, and Inventory Accumulation are ALL in recessionary territory.
Because it is an election year, there is an even greater need to maintain the narrative than usual. So don’t expect an official announcement of this recession until sometime in earl to mid 2017
Regardless of when the elites announce it, the fact remains, the US is in recession. , Seven years of ZIRP and $3.5 trillion in QE by the Fed generated the weakest recovery in seven years. And the Fed is now out of any effective ammo (the benefits of a rate cut would be transitory at best).
In short, the academically based theories of the Fed’s Presidents have been proven to be bunk. The Fed cannot stop the business cycles. All it has done is create a bubble in every asset class under the sun. And this time around, stocks will be crashing to new lows below the March 2008 levels of 666 on the S&P 500.
When do you think this crash will happen, and what effect do you think it will have on bitcoin? IMO after people stop trusting banks there will be a flood of them trying to buy bitcoin.
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hatshepsut93
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Activity: 3038
Merit: 2160
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June 30, 2016, 08:37:18 PM |
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Who else is tired of this 630 bullshit? We need 680 in the next 24h
So, here we are. What now? 800 on the halving day
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JimboToronto
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Activity: 4144
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You're never too old to think young.
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June 30, 2016, 08:44:47 PM |
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...you can't borrow your way out of debt...
No, but you can counterfeit/print your way out for a while, if you don't get caught.
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savetherainforest
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June 30, 2016, 10:31:15 PM Last edit: June 30, 2016, 10:41:57 PM by savetherainforest |
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@current prices that is one btc per day. Does that mean that they are attempting to regulate (or to make illegal) the sending and receiving of bitcoin through private parties of more than the value of 200 CNY? Damn... I see you took my advice and wrote shorter messages... And it made me read it... So... no... What is it saying is that : "don't f&@# with our physical payments!" ... Meaning that they don't care too much about the online transactions that don't involve pressure and strain upon them delivering! And as a concrete example would be if someone that is not a factory worker/ hospital nurse ... is less important than the people that produce nourishment for the system! Meaning the people of Gov of China have priority and you cannot produce shortages in detriment to the interest of the greater good of the country! For some of you this might look as discrimination. But from my perspective is understandable! *Edit: Think about Venezuela!!! ... You would literally need a forklift and a huge container to change 1 single BTCitcoin for small bill stacks of currency! ... So if the bitcoin price gets out of hand... since it is in the hands of the people... It prevents from creating shortages! And also they can tax you for doing multiple withdraws, if you need more than 5000 CNY per month! Just basically they are saying it would cost too much paper currency for us to deliver and at least we are not legally obliged to submit to your demands since we have the legislation on our side! Just use a f@$!#% credit card!
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Ted E. Bare
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June 30, 2016, 10:31:31 PM |
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Bitcoin Block Reward Halving Countdown: Only 9 more days! Reward drop ETA: Sat, 9 Jul 2016 22:03:34 GMT
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Hyperjacked
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Activity: 1610
Merit: 1119
It's all mathematics...!
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June 30, 2016, 10:40:23 PM |
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Who else is tired of this 630 bullshit? We need 680 in the next 24h
yes sir... like the name...Moses adoptive mother from what I understand... cheers m8
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MinermanNC
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Activity: 2198
Merit: 1000
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June 30, 2016, 11:16:28 PM |
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...you can't borrow your way out of debt...
No, but you can counterfeit/print your way out for a while, if you don't get caught. lol, too bad we can't that with btc
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