gentlemand
Legendary
 Offline
Activity: 2604
Merit: 3090
Welt Am Draht
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December 09, 2017, 06:22:23 PM |
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Barely more than 1MM people could own 20 corns. And in all reality far far far fewer will. Nothing to sneeze at. A 2012 entree makes her far savvier than most here even if it doesn't seem she did all that great. And I'll bet we'd be shocked if we know how few people have that many coins. |
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BitcoinBunny
Legendary
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Activity: 1736
Merit: 2976
Far, Far, Far Right Thug
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December 09, 2017, 06:24:01 PM |
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Barely more than 1MM people could own 20 corns. And in all reality far far far fewer will. Nothing to sneeze at. Indeed, I would have thought it would be quite hard for 99% of the world's population who didn't enter prior Dec 2017 to even buy more than half let alone one whole BTC by the looks of things. The vast majority of people live paycheck to paycheck. I'm sure many are taking out loans to try to get a few BTC at this stage. It might seem foolish but I'd say the odds of a good return are far, far greater than winning the lottery. The amount of people I hear talking about that and what they will do etc to the point they are sure they will win it some day, I wish they would take their lottery money and just buy some BTC. |
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Xian01
Legendary
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Activity: 1652
Merit: 1067
Christian Antkow
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December 09, 2017, 06:25:18 PM |
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What have I missed ? Are we rich yet ?
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 09, 2017, 06:26:56 PM |
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To be honest, we could go down more, it headed down so much so fast so a sharp upmove is not uncalled for
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 09, 2017, 06:30:34 PM |
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yefi
Legendary
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Activity: 2842
Merit: 1515
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December 09, 2017, 06:37:30 PM |
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My current surprise level: 0.
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milkshock100
Member
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Activity: 242
Merit: 14
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December 09, 2017, 06:42:10 PM |
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I’m bored
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 09, 2017, 06:43:33 PM |
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This doesn't look like the crash because of small the new lows are.
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BTCMILLIONAIRE
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December 09, 2017, 06:45:21 PM |
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What have I missed ? Are we rich yet ?
By what standard? |
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vroom
Legendary
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Activity: 1359
Merit: 2457
a Cray can run an endless loop in under 4 hours
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December 09, 2017, 06:48:09 PM |
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20k confirmed
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BTCMILLIONAIRE
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December 09, 2017, 06:48:55 PM |
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20k confirmed
I think you're a couple hours late.  |
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milkshock100
Member
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Activity: 242
Merit: 14
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December 09, 2017, 06:49:27 PM |
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20k confirmed
Is that by tomorrow I’ve got a Lambo down payment to make |
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vroom
Legendary
Offline
Activity: 1359
Merit: 2457
a Cray can run an endless loop in under 4 hours
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December 09, 2017, 06:52:06 PM |
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20k confirmed
I think you're a couple hours late. got stuck in mempool |
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 09, 2017, 06:57:27 PM |
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so we broke down through the parabolic-est trend...I guess for the moment we will have to settle for parabolic-er-er-er growth
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lightfoot
Legendary
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Activity: 3430
Merit: 2530
I fix broken miners. And make holes in teeth :-)
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December 09, 2017, 07:07:17 PM |
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Indeed guess ill sell some ltc this month to pay bills. Drat.
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d_eddie
Legendary
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Activity: 3206
Merit: 5403
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December 09, 2017, 07:09:32 PM |
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Bears having a fast picnic, just before the storm comes in and they went fully rekted. I think it is better a correction now rather than tomorrow. Wall street won't like to start shorting with all these red candles taking their positions the day before they wanted to.
I'm not really sure Wall Street wants to start naked (or scantily clad) shorting right away. Well, we'll see soon enough. |
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fabiorem
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December 09, 2017, 07:24:03 PM |
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Yes. And CBOE didnt even open yet. Now I'm thinking here, if the funds are dumping it right now to create panic and open the market for more institutions. So that when CME comes, it will be already dominated by them. |
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txtravwill
Newbie
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Activity: 55
Merit: 0
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December 09, 2017, 07:36:01 PM |
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CBOE isn't nearly as large as the CME, even if they offer free trading for December. Next week on 17th/18th is a bigger deal for futures.
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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December 09, 2017, 07:36:17 PM |
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This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.
Bitcoin is a cuckold movement. It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words. There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship". I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized. If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist. So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency. Their inevitable evolution will always be centrally administered slave instruments. Gold and silver do not have these problems. |
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