Last of the V8s
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Be a bank
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October 21, 2017, 09:59:54 PM |
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Torque
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October 21, 2017, 10:03:57 PM |
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I got a better idea. Let's publically harass, shame, and excommunicate people writing contentious Bitcoin hard forks that no one in the user community is even asking for. Let's run all the Charlatans out of town.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2017, 10:17:24 PM |
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savetherainforest
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October 21, 2017, 10:24:46 PM Last edit: October 21, 2017, 11:07:47 PM by savetherainforest |
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Ok, i´m panichodling ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I've been panic buying every deep dip and panic hodling in between since early 2013. It's become an obsession. It's started to interfere with things in my life like mindless consumerism, squandering, poverty, etc. I feel I'm not doing my part to help transnational corporations and name-brand advertisers. All that money I could have spent on trinkets and status symbols dumped into that bottomless pit called a Bitcoin stash. What do I have to show for it? A few dozen QR codes and a tiny little USB dongle? Oh the shame. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Buy a dip today! Then buy a lambo tomorrow! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Looks like Lauda had a total body make over. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) OMFG!!!... So much good posts to reply too!!! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) is this the s-curve take off?
a) 6800$ (bearish)! b) 7400$ (conservative)! c) 8100$ (bullish)! pick one! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I consider only C to be correct. The other two assertions are not correct. We have the next likely resistance points in the $6800 to $7800 range, so if we go to $8100 that woudl be bullish and would have likely broken through the likely resistance range. Conservative would be prices going in the lower end of the range or not quite making the range. It is difficult to imagine exactly what is bearish - since we are already into amazing price territories - but I would think that bearish would be to experience another correction here that goes beyond 60%. Since we have quite a bit of ongoing upwards price pressures and recently having had broken through $6k, it seems to me to be quite against the odds to even have a 10% price correction - without some major FUDding. Also, even though I believe that BTG is not driving this run, except perhaps on the margins, any 10% or more correction would be more likely to occur after the Oct. 25 forkening, no? For 7500$ ... the correction would be at 5200$ < > 5700$.
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conspirosphere.tk
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Bitcoin is antisemitic
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October 21, 2017, 10:27:43 PM |
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I got a better idea. Let's publically harass, shame, and excommunicate people writing contentious Bitcoin hard forks that no one in the user community is even asking for. Let's run all the Charlatans out of town. I don't care much about the b/s, but the mining power concentration seems an issue to deal with. If it were not so scammy I would have liked a change in POW of the sort of btcgold. I'd like some technical fix for that and to incentivize full nodes too. A fraction of the fees for them seems due.
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Last of the V8s
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Be a bank
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2017, 10:27:54 PM |
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I got a better idea. Let's publically harass, shame, and excommunicate people writing contentious Bitcoin hard forks that no one in the user community is even asking for. Let's run all the Charlatans out of town. can't be bothered. Silbert, Belshe, Garzik, Ver, Wright, Rizun, Ayre, jbreher. They're just a few sad little loser has-beens who need a good excuse for their start-ups to go gracefully broke. they can blame Luke and Greg and their investors won't know any better. bitcoin will win this skirmish without skipping more than a beat ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLtU5UeI.jpg&t=665&c=R9WVS7i7-Q3u1w) vs ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpqovjOb.jpg&t=665&c=i-20_RWUk6Pkxw)
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JayJuanGee
Legendary
Online
Activity: 3808
Merit: 10714
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2017, 10:31:20 PM |
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I think, theres no TA applicable here, it`s all emotions, for the moment .
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FxXsqIje.jpg&t=665&c=UsPzv_NDVPe0tQ) I say, that looks like quite the bubble! No way it can keep going up! Must have been hard to hodl during that crash from 40c to 20c. One would need strong hands to hold out under that pressure It just took a couple of months to recover. The crash from $1200 to $200 would rank as the toughest, It took years for the price to recover. In percentage terms, I think the fall from $32 to $2 would be the largest. I actually kept buying all the way from 1100 and all the way to the bottom. And then I KEPT buying on the way up until I was eventually back above water. Ended up with 3 times the coins I initially set out for. I did similar to you, and I set an initial investment goal of amount for 6 months in late 2013 that played out into mid 2014, and by early 2017, I had acquired around 12x my initial goal, and in spite of hacking issues in early 2017, I still have about 8x of the amount of BTC of my initial investment goal, yet the value is approximately 15x of the total invested... So all is good, here.
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savetherainforest
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October 21, 2017, 10:34:12 PM Last edit: October 21, 2017, 10:58:59 PM by savetherainforest |
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ah doom's an impermanent thing. all in the end is bliss good luck with the new digs ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhkPUPby.jpg&t=665&c=I1Uuo8_FW5Tt1g) Wow, a real slate roof.I bet the rest of the material is laying in a pile in there.
Give me a unit of timber and a month in the summer and I'll have that place looking cute as fuck. You can find those in Greece, Italy, Croatia or/and all over the Balkans, like there would be no other construction material then slates. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JayJuanGee
Legendary
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Activity: 3808
Merit: 10714
Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2017, 10:38:32 PM |
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I actually kept buying all the way from 1100 and all the way to the bottom. And then I KEPT buying on the way up until I was eventually back above water. Ended up with 3 times the coins I initially set out for.
Same. I kept buying on the way down, and some on the way back up. Until my average cost basis was ~$500/btc, and I ended up with 2.75X more than I started with. I'm still buying when I have extra money and will continue to do so. Five years from now, people are going to be astonished that we were even talking about bitcoin at that price level like it was some sort of stress, or even today's price level. That's why people should just buy some and hold for years, and don't worry about the current price. In the grand scheme of one's life and the miniscule level of adoption we are at right now, it's a silly thing to even worry about. Currently, I am really cash flush - however, I attempt to NOT let that affect my ongoing systemic practice of continuing to invest extra dollars into bitcoin. Therefore, when the price dips, which it inevitably will, then that extra money that I had invected into my BTC fund is used for buying the dips. Sure, we could go up another 2x or 3x from here, but I don't really stop what I am doing.. buying on dips and also injecting extra money into the bitcoin ecosystem. At the same, there is some life expenses that come up or even need for recreational fun money, and it does not seem to be any kind of major issue for me, at the moment because some of that cash is just stacking up and just can be spent - from time to time... as the need for hookers and blow arises.. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Last of the V8s
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Be a bank
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October 21, 2017, 10:45:29 PM |
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https://twitter.com/Hotkatchina/status/921445040756371456YAY $BTC 6K!!! Hmm $alts way down.. Mixed Emotions - it's kinda like Roger Ver going off a cliff in my Maserati ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) @crypto_rand Oct 20 Replying to @Hotkatchina Nice pants, Kati. @Hotkatchina Oct 20 Thanks 😝 I think people were starting to wonder if I owned any 👖
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pfrtlpfmpf
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October 21, 2017, 10:48:38 PM Last edit: October 21, 2017, 11:37:56 PM by pfrtlpfmpf |
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I think, theres no TA applicable here, it`s all emotions, for the moment .
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FxXsqIje.jpg&t=665&c=UsPzv_NDVPe0tQ) Looks like i should be "careful" here . . . But serously, we´re gonna take seven or eight, even nine thousand, there´s just the psychological barrier. I´ll put a sell order at 9990. And settle for cash, if necessary (just a small part of my portfolio)
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Vin
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October 21, 2017, 11:41:10 PM |
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Why should we happy with that?
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Torque
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October 21, 2017, 11:41:37 PM |
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I rather like that picture, but the slant angle of the "B" really bothers me. Someone needs to fix that stat. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Torque
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October 21, 2017, 11:46:53 PM |
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Why should we happy with that? I believe this whole quote in that article is dead wrong: "We imagine LedgerX won’t have too difficult of a time moving inventory, considering bitcoin’s astounding run of new record highs persists unabated. In a market starved for volatility, giving the "big boys" the ability to trade with massive leverage on what is already the most volatile asset class in existence is just what some funds need to make their year as they swing for the fences with 20x (or more in) margin."
From the rulebook rules that I last saw, LedgerX does not allow any margin trading. And no shorting.
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BlindMayorBitcorn
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October 21, 2017, 11:49:06 PM |
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https://twitter.com/Hotkatchina/status/921445040756371456YAY $BTC 6K!!! Hmm $alts way down.. Mixed Emotions - it's kinda like Roger Ver going off a cliff in my Maserati ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) @crypto_rand Oct 20 Replying to @Hotkatchina Nice pants, Kati. @Hotkatchina Oct 20 Thanks 😝 I think people were starting to wonder if I owned any 👖 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimages-na.ssl-images-amazon.com%2Fimages%2FI%2F514RE4ZcS7L._SY346_.jpg&t=665&c=YXlQzC-VQLZYiA)
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d_eddie
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October 21, 2017, 11:55:29 PM |
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Why should we happy with that? Because it's fresh institutional big money coming in, possibly. I believe this whole quote in that article is dead wrong: "We imagine LedgerX won’t have too difficult of a time moving inventory, considering bitcoin’s astounding run of new record highs persists unabated. In a market starved for volatility, giving the "big boys" the ability to trade with massive leverage on what is already the most volatile asset class in existence is just what some funds need to make their year as they swing for the fences with 20x (or more in) margin."
From the rulebook rules that I last saw, LedgerX does not allow any margin trading. And no shorting. At least no naked shorting, which is good enough in my book.
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Torque
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October 22, 2017, 12:02:44 AM |
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I believe this whole quote in that article is dead wrong: "We imagine LedgerX won’t have too difficult of a time moving inventory, considering bitcoin’s astounding run of new record highs persists unabated. In a market starved for volatility, giving the "big boys" the ability to trade with massive leverage on what is already the most volatile asset class in existence is just what some funds need to make their year as they swing for the fences with 20x (or more in) margin."
From the rulebook rules that I last saw, LedgerX does not allow any margin trading. And no shorting. At least no naked shorting, which is good enough in my book. Yeah, no shorting period. All collateral has to be "unencumbered" (meaning no liens against it, can't be leveraged against for other investments, etc.). They actually have a lot of rules that even most exchanges don't follow: No Person shall engage in any of the following activities in connection with or related to any Exchange activity:
A. any fraudulent act or scheme to defraud, deceive, trick or mislead; B. trading ahead of a Customer or front-running; C. fraudulent trading; D. trading against a Customer Order or entering into a cross-trade, except as permitted by Rule 8.11; E. accommodation trading; F. fictitious Transactions; G. pre-arranged or non-competitive Transactions (except for Transactions specifically authorized under these Rules); H. cornering, or attempted cornering, of any Exchange Contract; I. violations of bids or offers; J. spoofing; K. any manipulation proscribed under CEA Section 9(a)(2) or CFTC Regulations 180.1(a) or 180.2, whether attempted or completed; L. demonstrating intentional or reckless disregard for the orderly execution of Transactions during the closing period; M. making fictitious or trifling bids or offers, offering to enter into an Exchange Contract at a price variation less than the minimum price fluctuation permitted for such Exchange Contract under the Rules, or knowingly making any bid or offer for the purpose of making a market price that does not reflect the true state of the market; or N. other conduct that constitutes a disruptive trading practice or is otherwise prohibited under CEA Section 4c(a)(5) or applicable CFTC Regulations.
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xhomerx10
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October 22, 2017, 12:12:16 AM Last edit: May 13, 2023, 04:16:57 AM by xhomerx10 |
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image removed
I rather like that picture, but the slant angle of the "B" really bothers me. Someone needs to fix that stat. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F13%2FGEm3NE0b5c9356b38f6d2d3.jpeg&t=665&c=1pctGZdbbUz7yw) 13.88° clockwise rotation per the Bitcoin spec.
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Torque
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October 22, 2017, 12:18:11 AM |
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^^^^ Much better, awesome! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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