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Question: Sept. 30 Closing Price:
<$5,000 - 12 (11.4%)
$5000-$5,500 - 4 (3.8%)
$5,500-$6,000 - 5 (4.8%)
$6,000-$6,500 - 16 (15.2%)
$6,500-$7,000 - 19 (18.1%)
$7,000-$7,500 - 11 (10.5%)
$7,500-$8,000 - 7 (6.7%)
$8,000-$8,500 - 7 (6.7%)
>$8,500 - 24 (22.9%)
Total Voters: 105

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20475464 times)
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LewisPirenne
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November 07, 2017, 12:58:50 AM

Seeing that video and people falling for pyramid scheme like BCC totally makes me cringe.  But maybe some DJ with madskillz can strip out the vocals and make a bootleg instrumental mix?  Just as a footnote to the annotated history of crypto madness.
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BlindMayorBitcorn
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November 07, 2017, 01:00:33 AM

https://www.reddit.com/r/Bitconnect/comments/7b8e3z/anyone_gotten_paid_today/

the derp is cyclical. now i get it
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November 07, 2017, 01:29:44 AM


I... just... can't... even... wow... lol...
Torque
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November 07, 2017, 01:33:59 AM


I don't get it. Bitconnect, Bitpetite, etc. They are all flat out criminal MLM ponzi scams. Worse than ICOs. And yet even knowing this, people are still falling for them.

Why? Do people like giving their money to criminals? Has no one learned anything since the days of Trendon Shavers? OneCoin?
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November 07, 2017, 01:35:09 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video
This is what happens when the nerds get rich. The future will be amazing.
Rosewater Foundation
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November 07, 2017, 01:37:59 AM


The k-pop is catchy.
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November 07, 2017, 01:39:23 AM

OK, I'm out. Sold everything @ 6120 euro. Only have some Dash and Byteball left. Gonna watch this whole Segwit2X-thing from the sidelines, I'll buy back cheaper or more expensive depending on the outcome.

Hope this selling everything pans out as well as the last time I did.

Did you leave the money or the exchange or withdraw it?
Icygreen
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November 07, 2017, 01:54:42 AM

Damn Bitcorn, you crazy today brah!  You groundhogging 7k and all, Gonna have to take me some Dramamine.
JayJuanGee
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November 07, 2017, 01:56:17 AM

OK, I'm out. Sold everything @ 6120 euro. Only have some Dash and Byteball left. Gonna watch this whole Segwit2X-thing from the sidelines, I'll buy back cheaper or more expensive depending on the outcome.

Hope this selling everything pans out as well as the last time I did.

Last time you sold was at 600 euro to buy a Ducati. You should be proud now riding the most expensive Ducati ever?



Yeah... hahhahahahaha


#r3kt

Funny how folks try to come into this thread and talk their bullshit, either FUD or consumerism with an asset such as bitcoin, in which we already should recognize as one of the best appreciating of assets.  Furthermore, lessons should have been learnt, but these guys never learn and they sell and then buy higher and then sell and then buy higher... . which should indicate that you should not be going full fiat - unless you just happen to be randomly lucky and like to play against the odds.

Maybe it should be described as fear induction based upon:  "being over invested"?

Well, of course selling out, so far has not been the most productive way of handling BTC. Of course there also is the fact that on a long enough timeline the... . (You know the rest), also is true. So my plan is to hold and grow, but split off gradually more to increase quality of life, which is not translating into lambinos and duckatis in my case. Lol.


Well, I guess that the julian071 post was getting to my level of contention and resentment of the posters who seem to be advocating a kind of irresponsibility that includes gambling and seemingly whimsical cashing out of BTC on consumer items.

Don't get me wrong, there is nothing wrong with taking profits or even engaging in consumerism to enjoy some of your BTC profits, but there is, also, a kind of seeming irresponsibility included in such attempts to get others to cash out of their BTC when the odds are not exactly in favor of an additional crash of BTC prices, and in fact there is considerable ongoing ambiguity about BTC's price direction (both short term and long term)...

So, of course there is more responsibility involved in cashing out incrementally and cashing out while BTC prices are going UP or even taking some incremental precautions in order to have some fiat available if BTC prices dip further, but frequently, we have ambiguous information, too including the existence of both upside and downside BTC price pressures.

By the way, there was someone who had posted recently about getting out all of his BTC investment plus a certain extra percentage, and therefore kind of feeling like he is playing with house money, and maybe I am in a similar situation.  

In recent times, I certainly have cashed out more than the amount that I have invested into BTC - however, my fiat has been kind of hovering in an available to reinvest status.   So, yeah based on BTC price appreciation, my BTC portfolio involves funds that are BTC and fiat, and the value of the fiat is more than my original investment, plus a bit extra for interest.  At the same time, I have about 90% in BTC and 10% fiat.. so anyhow, the BTC part  could be conceptualized as pure profits.


I mean, really, I have no compelling desire to run off with that particular fiat and to go have fun with it.  

In my life, I have plenty of cash flow, and I have only invested extra fiat into BTC, so my monthly expenses are covered by other sources. I get plenty of entertainment, and I have nice things in my life and I feel comfortable.  

I also have a business that kind of ties me down geographically; however, there is likely going to be a day in the fairly near future,  where i just go nuclear on my business, because I really do not need the business to generate income for me and really my bitcoin savings and earnings from bitcoin can really serve me well in that income generating and reserves capacity, so in that regard, I have no real compelling need to sell my BTC at the moment, but I think that I have plenty of BTC in order to just begin to spend more and more of the BTC proceeds and not worrying about the value of my remaining BTC stash because it remains sufficient for me (the quantity of both BTC and fiat),  and I have a system that pretty much allows me to cash out BTC incrementally (if I want) without folding the cashed out money back into the BTC system and having the money available to reinvest into BTC because there is plenty of equity that already is present in the whole fund... so yeah, if I want to buy a lambo, fine.. if I want to buy a duccati, fine, but I am not cashing out large amounts of BTC in order to accomplish any of my consumption goals, because the money is already there, if I want.

Of course, if BTC prices drop by 2/3 or more, then there is going to be a lot less equity in my BTC allocated fund (both the value of the BTC and the fiat that is there), and at that point, maybe there would be a question whether I continue to use fiat reserves to reinvest in bitcoin or just to hold the fiat reserves for personal spending?  In the end, BTC remains really volatile, and sure there are likely ways to attempt to protect from volatility but also to cash out some of it, too and not to use that money towards reinvesting, but just to live off of that extra money that has been generating, while not sacrificing the continued holding of a certain reasonable quantity of BTC.
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November 07, 2017, 02:14:10 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video

It's hard to find the words. But who can resist something that gives you financial independence and makes you smile? Nothing's ever done that for me before other than dead aunties who died, but not before pulling my plonker around when no one was looking.

It gets worse!
https://www.youtube.com/watch?v=23Hpcq1ybxY
No way could I sit through 12.5 minutes of that.  But really? Who the fuck makes 5 or six (almost well done) music videos all strung together.  Looks like they made one video for each buyer profile including a cheesy Asian vid.  Oh yeah, go bitconnect go! Hahaha.. derp
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November 07, 2017, 02:24:54 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video

It's hard to find the words. But who can resist something that gives you financial independence and makes you smile? Nothing's ever done that for me before other than dead aunties who died, but not before pulling my plonker around when no one was looking.

It gets worse!
https://www.youtube.com/watch?v=23Hpcq1ybxY
No way could I sit through 12.5 minutes of that.  But really? Who the fuck makes 5 or six (almost well done) music videos all strung together.  Looks like they made one video for each buyer profile including a cheesy Asian vid.  Oh yeah, go bitconnect go! Hahaha.. derp

I love it! Where do I get one of these Bitconnect money gun things?

Edit - they have them on AliExpress!

smartcomet
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November 07, 2017, 02:26:00 AM

This is the best thread in BTT, but i didn't see it last year, because i didn't like speculation.
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November 07, 2017, 03:33:05 AM

This is the best thread in BTT, but i didn't see it last year, because i didn't like speculation.

yes, yes it is.

...what the fuck is this bitconnect music video shit? i tried, really, i did... but couldn't watch more than a few seconds.
BlindMayorBitcorn
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November 07, 2017, 03:37:54 AM


I don't get it. Bitconnect, Bitpetite, etc. They are all flat out criminal MLM ponzi scams. Worse than ICOs. And yet even knowing this, people are still falling for them.

Why? Do people like giving their money to criminals? Has no one learned anything since the days of Trendon Shavers? OneCoin?

I feel like most of these are rhetorical questions.  Smiley
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November 07, 2017, 03:39:13 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video
This is what happens when the nerds get rich. The future will be amazing.

EtihadBitcoin
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November 07, 2017, 03:57:35 AM


I just rushed to their thread to sign up and this little fella reckons it's the creation of my dream man.


Bitconnect was organized and is orchestrated, by well known Russian scammer Sergei Mavrodi and his partners. Mavrodi was running MMM scam in Russia and many other countries.


https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)

https://en.wikipedia.org/wiki/Sergei_Mavrodi
 
I will post additional information about that guys and their location very soon.

https://upload.wikimedia.org/wikipedia/commons/7/71/S_Mavrodi_2012.jpg

I am sooo sold. And I'm printing that face on my entire ceiling.

Just look at the creator of all you bitconnect fuddy duddy fudsters
and

KNELL TO YOUR MASTER!

Muhahaahha!

He f'd you all from his Russian hacker mum's basement.

Pure mastermind at it's finest to keep bitcoin in the trenches of obscurity. Roll Eyes

No wonder it can not keep above and hold near it's ATH for atleast a week.

And NEVER WILL! Tongue
lightfoot
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November 07, 2017, 04:07:32 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video
This is what happens when the nerds get rich. The future will be amazing.
I'm going straight to hell.
arklan
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November 07, 2017, 04:11:57 AM

https://youtu.be/hXRhIXp4idM It`s Amazing ~ Official BitConnect Music Video
This is what happens when the nerds get rich. The future will be amazing.
I'm going straight to hell.

well, yea. what about this is news?
lightfoot
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November 07, 2017, 04:27:07 AM

well, yea. what about this is news?
Just need to make sure I'm buried in swim trunks.
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November 07, 2017, 04:36:11 AM


I just rushed to their thread to sign up and this little fella reckons it's the creation of my dream man.


Bitconnect was organized and is orchestrated, by well known Russian scammer Sergei Mavrodi and his partners. Mavrodi was running MMM scam in Russia and many other countries.


https://en.wikipedia.org/wiki/MMM_(Ponzi_scheme_company)

https://en.wikipedia.org/wiki/Sergei_Mavrodi
 
I will post additional information about that guys and their location very soon.



I am sooo sold. And I'm printing that face on my entire ceiling.

Just look at the creator of all you bitconnect fuddy duddy fudsters
and

KNELL TO YOUR MASTER!

Muhahaahha!

He f'd you all from his Russian hacker mum's basement.

Pure mastermind at it's finest to keep bitcoin in the trenches of obscurity. Roll Eyes

No wonder it can not keep above and hold near it's ATH for atleast a week.

And NEVER WILL! Tongue

What does this obvious ponzi scheme masked as a n00b investment platform have to do with even an inkling of bitcoin's progression again? Undecided

It just baffles the mind really.  Embarrassed
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