elrippos friend
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Merit: 210
only hodl what you understand and love!
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September 03, 2017, 06:11:14 AM |
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I often enjoyed what Risto had to say, but I have not kept up. Looks like the G above middle C on his piano was broken. Yeeeaaaahhh, doesn't seem he plays his piano much
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elrippos friend
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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September 03, 2017, 06:16:01 AM |
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Everyone knows that it will probably go up, but when you hit a life changing price target, you'd be mad to continue taking 100% risk.
Everyone knows that holding dollar, euro, yen, pound and other fiat trash is nothing else but taking 100% risk. It is not just risk. It is stupidity because it is a sure loss. Holding bitcoins is the most successful escape from that risk! Unless, as you say, they want very much to buy something tangible like car or house. But make no mistake! This car or this house will be the most expensive house they'll ever see throughout their entire life. For instance, I know people that sold their bitcoins at 750 euros to buy a bike. At that time I warned them that they're buying the most expensive bike they'll ever see! Trashed that bike (frontal crash with a car) and got an even more expensive bike. Had to sell some more BTC for it. Absolutely no regrets tho, loving it! Drove to Silverstone last weekend on it, epic journey. I can image other people saving their BTC to become rich. But I already feel rich, I just want to enjoy life right here and now. Yeeeeaaaahhhhh, we are going to visit the SBK WC in Portinmao for the whole weekend, financed by BTC
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elrippos friend
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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September 03, 2017, 06:19:38 AM |
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I can image other people saving their BTC to become rich. But I already feel rich, I just want to enjoy life right here and now.
Many people feel they are rich and all they have different ideas about life and different methods to attract attention of the opposite sex. The way you've chosen will not bring you too much quality! Excuse me? If you are suggesting I ride motorcycles to attract the opposite sex, you're quite mistaken. Sure it helps but if I'd have to rely on that there wouldn't be much 'quality' in my life anyway. Besides, I'd never enjoy living with a gold digger. I look for other qualities. Actually, I had a nice pic of me riding my bike on Happn, where I met my current GF. She thought that pic was not of me haha. But she still became my GF, and has been for over a year now. Between the floor and your footpeg is far too much air mate
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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September 03, 2017, 06:24:28 AM |
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Bitstamp | Total bids: 52466156 USD. Total asks: 2928 BTC. Ratio: 17916.45265 USD/BTC. | Data vintage: 0.0251 seconds
Just thought that this might be interesting to people. This is by far the highest amount of USD that I've seen on Bitstamp. Unless something of negative nature happens, it looks like we are going through the $5k in no time.
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spiderbrain
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Activity: 889
Merit: 1013
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September 03, 2017, 06:32:33 AM |
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Thoughts?
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In the silence
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Activity: 1297
Merit: 294
''Vincit qui se vincit''
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September 03, 2017, 06:43:14 AM |
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I Cannot believe we achieve a new ATH yesterday, it will be great if its stay to that price long, but it go to a correction after that.
When will be the next $5500? October?
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jojo69
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Activity: 3318
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diamond-handed zealot
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September 03, 2017, 06:48:33 AM |
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Thoughts?
I want to see a test of the lower line, I put it at about 4200 ATM
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spiderbrain
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Activity: 889
Merit: 1013
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September 03, 2017, 06:56:10 AM |
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Thoughts?
I want to see a test of the lower line, I put it at about 4200 ATM That would be a better foundation, but if we follow the recent steeper channel and break through the long term channel top, that may become a new support. We're going to know which way it's going in a few days, I suspect.
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Gyrsur
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Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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September 03, 2017, 07:07:09 AM |
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Thoughts? +1 this is the trend channel.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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September 03, 2017, 08:44:10 AM |
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Thoughts? A break out on the upside would make sense from the perspective of an acceleration in the exponential price increase. In other words: commencement of the early stages of a 2017 bubble
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explorer
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Activity: 2016
Merit: 1259
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September 03, 2017, 08:55:15 AM |
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Thoughts? A break out on the upside would make sense from the perspective of an acceleration in the exponential price increase. In other words: commencement of the early stages of a 2017 bubble If you zoom out to include another year or so, the long term trend does have more of a super-exponential shape.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 03, 2017, 08:57:24 AM |
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I need to see some volume in this ramp to believe in it
You said that earlier too. What's your point about the volume? We have decent overall volume for the past 18 weeks, and going on 5 green weekly candles, too. What is the complaint? You think we are not stable here, unless we get more volume? What you are saying does not seem to have any foundation in reality, does it? If the price goes up or down dramatically, then we will get a lot of volume and a battle, but if we just have medium volume and ongoing trickling up, like our current state of affairs, then we are not experiencing any problem, are we?
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Last of the V8s
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Be a bank
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September 03, 2017, 09:05:14 AM |
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Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing.
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drbrockcoin
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For your listening pleasure, Fuck World Trade!
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September 03, 2017, 09:28:50 AM |
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Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing. HAHAHAHAA How big is your dick TR UAMP
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RealMachasm
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September 03, 2017, 10:02:22 AM |
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Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing. HAHAHAHAA How big is your dick TR UAMP I, for one, would rather not rely on the length of someone's genitalia to determine if we should go to war.
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Last of the V8s
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Be a bank
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September 03, 2017, 10:08:04 AM |
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It's also a slap in the face for Presidents Wu and Buterin er I mean Xi and Putin.
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spiderbrain
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Activity: 889
Merit: 1013
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September 03, 2017, 10:09:49 AM |
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Thanks for the feedback, guys. see you on the other side of the wedge!
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Bitmore
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https://eloncity.io/
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September 03, 2017, 10:23:01 AM |
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Fellow Bitcoiners salute Most Illustrious Comrade Kim for blessed successful underground anti-yank bomb testing. HAHAHAHAA How big is your dick TR UAMP Bigger than a Nimitz class carrier! The world may burn, but bitcoin will make us rich! And I might be so bold as to suggest some nuclear hardened, radiation sealed vacation properties in New Zealand!
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600watt
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September 03, 2017, 10:24:51 AM |
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Good article : https://steemit.com/bitcoin/@wekkel/bitcoin-vs-gold-debate-intensifiesshutdown by Governments
The following paragraph goes into the matter of a shutdown of Bitcoin exchanges by Governments: "A more likely scenario is that governments or hackers shut down Bitcoin exchanges. In fact, back in 2014, there was the infamous Mt. Gox hack, in which over 800,000 coins were stolen and almost caused the end of Bitcoin. The owners of cryptocurrencies must hope that governments never shut down the exchanges or websites that enable these electronic transactions. Governments can try to ban gold ownership, but that must be done on a door-to-door basis and is extremely difficult to accomplish. But to place confidence in cryptocurrencies is to put faith that governments cannot control the internet."
I see a lot of different arguments mixed together. If I understand Michael correctly, the arguments boil down to the following:
governments/hackers may shut down Bitcoin exchanges the Mt. Gox hack almost caused the end of Bitcoin governments can shut down exchanges and websites and thus shut down cryptocurrencies banning cryptocurrencies is easier than banning gold
While government interference certainly plays a role, I consider it kind of a black thought that governments would completely ban cryptocurrencies. That would be token of a total lack of trust in current governments. asking the "governments-will-outlaw-bitcoin" people: has there ever been a major breakthrough in IT that has been outlawed? where is the historic precedent? and while you at it: please put together a list of technologies that have been invented but have been outlawed. and forget biological stuff like "cloning humans" - cloning mammals is not illegal, cloning humans is of course, but it did not stop the technology.
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Last of the V8s
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Be a bank
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September 03, 2017, 10:36:26 AM |
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asking the "governments-will-outlaw-bitcoin" people:
has there ever been a major breakthrough in IT that has been outlawed? where is the historic precedent? and while you at it: please put together a list of technologies that have been invented but have been outlawed. and forget biological stuff like "cloning humans" - cloning mammals is not illegal, cloning humans is of course, but it did not stop the technology.
they don't outright outlaw. they subverted tech - cf windows and systemd utterly useless for computing or pwned it - cf tor, the internet, gsm phones, intel/amd chip backdoors or now create alts - syscoin, labcoin, ethereum, bcash but you're right. nothing can be done to outlaw bitcoin.
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