Ludwig Von
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December 19, 2017, 10:46:59 PM |
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Ah, and finally here is the trigger :
I never knew the Danish central bank and some bloke from Blockchain.com spouting utter nonsense with his BeeCash crap would have an effect on the market. It was simply time for a correction. But as usual, pity humans seek a reason for the decline, because their brains crave for it. Simply 'correction' does not count, it should be a 'story' each and everything. I no longer become mad about this delusional mass psychology, since the same mechanisms slings a digital asset upwards towards being the numeraire. As you probably did understand, it is with a sarc tag... .
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OWZ1337
Member
Offline
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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December 19, 2017, 10:50:30 PM |
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No. It's a fork with the name glued on top of it. I might do one myself as well. we need more forks!! :-D ~we want more free coins? wahhh
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Ludwig Von
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December 19, 2017, 10:52:01 PM |
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Anyone who uses ZeroHedge as their news source deserves to have sold at the bottom I hope you do not consider me as taking ZH as my news source... . But probably millions are doing so, time to sell the house(and all that goes with it) and be ready to buy the bottom... .
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 19, 2017, 10:53:17 PM |
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i cant go to sleep... my eyes are sticked on the chart ready to push the buy button any time soon c'mon baby c'mon! Limit orders are your friend.
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xhomerx10
Legendary
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Activity: 4004
Merit: 8802
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December 19, 2017, 10:57:14 PM |
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i cant go to sleep... my eyes are sticked on the chart ready to push the buy button any time soon c'mon baby c'mon! Limit orders are your friend. Unless youre on Kraken... In that case, they're more of a nemesis. Actually I don't think they have them enabled right now.
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Ludwig Von
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December 19, 2017, 10:59:14 PM |
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Fuck Denmark. member fuck denmark?Actually, when it comes to ZH and BTC, it is mostly causing unstoppable laughter cramps... .
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strawbs
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Activity: 869
Merit: 1341
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December 19, 2017, 11:09:55 PM |
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Anyone who uses ZeroHedge as their news source deserves to have sold at the bottom I hope you do not consider me as taking ZH as my news source... . But probably millions are doing so, time to sell the house(and all that goes with it) and be ready to buy the bottom... . Ha, no that's not what I meant! Just saying that anyone who read that ZH article and sold their BTC as a result, probably deserves their losses. It's staggering how often BTC enthusiasts quote ZH as 'fact' (probably before their first shave).
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BTCMILLIONAIRE
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December 19, 2017, 11:12:39 PM |
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Anyone who uses ZeroHedge as their news source deserves to have sold at the bottom I hope you do not consider me as taking ZH as my news source... . But probably millions are doing so, time to sell the house(and all that goes with it) and be ready to buy the bottom... . Ha, no that's not what I meant! Just saying that anyone who read that ZH article and sold their BTC as a result, probably deserves their losses. It's staggering how often BTC enthusiasts quote ZH as 'fact' (probably before their first shave). To be fair, people quote a lot of weird stuff as 'fact'. I'm not even fully convinced that unmutable facts exist whatsoever in this world.
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JimboToronto
Legendary
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Activity: 4172
Merit: 4816
You're never too old to think young.
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December 19, 2017, 11:19:50 PM |
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why not buy with online exchanges? I prefer the security and anonymity of OTC and ATMs. I learned my lesson with MtGox. Lost 50 coins. Never again. When I acquire coins, they go straight into offline cold storage, mostly paper wallets, although I do keep a small amount (less than 5 coins) in a Trezor for convenience. I don't ever want to expose my coins to the internet. I also resent nosiness. Anonymity is the cornerstone of freedom. Yes, ATM fees are usually higher than exchange fees but when you consider the cost of transferring fiat currency and the total lack of anonymity of online exchanges, it's a small price to pay. Whenever I have the chance to acquire coins for cash, anonymously, it's a bonus. I've met other Bitcoiners at meetups who I only know on a first name basis. I've also bought coins from storefront gold and coin dealers without divulging my name. They get their cash, I get my coins, no names required.
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JayJuanGee
Legendary
Online
Activity: 3878
Merit: 11087
Self-Custody is a right. Say no to"Non-custodial"
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December 19, 2017, 11:26:20 PM |
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What the hell, I wake up and BTC is down to the 17s and all the alts are up. What happened?
>200k unconfirmed transactions, 25$ transaction fees if you want to have it done under 1 week do the math that explains the bcash pump then in particular. I like core, but damn, something needs to be done about those fees. Get real. Bitcoin has been under attack multiple times because it is a target for a lot of hostilities, whether from Bcash or other various sources, and so if any other coin was as disruptive as bitcoin, that coin would be under attack too, but none of the other coins are because they are almost all trash, given a few exceptions or a few use cases.
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bones261
Legendary
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Activity: 1806
Merit: 1828
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December 19, 2017, 11:27:56 PM |
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Wow, if the fee market keeps going up like it has been, it may actually be worth it to go digging in the closet for my old Rockminer 110 GH. Slush pool shares the fees with the miners, right?
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 19, 2017, 11:33:06 PM |
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What the hell, I wake up and BTC is down to the 17s and all the alts are up. What happened?
>200k unconfirmed transactions, 25$ transaction fees if you want to have it done under 1 week do the math that explains the bcash pump then in particular. I like core, but damn, something needs to be done about those fees. Get real. Bitcoin has been under attack multiple times because it is a target for a lot of hostilities, whether from Bcash or other various sources, and so if any other coin was as disruptive as bitcoin, that coin would be under attack too, but none of the other coins are because they are almost all trash, given a few exceptions or a few use cases. It’s not even a decent attack yet. We are on less than a 15% swing from ATH.
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JayJuanGee
Legendary
Online
Activity: 3878
Merit: 11087
Self-Custody is a right. Say no to"Non-custodial"
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December 19, 2017, 11:39:11 PM |
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How I feel observing this thread for the last couple of months: HA! HA HA ! I am clearly the best looking. RobSteward... You where more courageous than I was!... I stood on the side lanes for at least 1 year before joining the forum. I just kept reading for a year what nonsense JJG was saying and decided I need to step in and put him in his place of mediocre amateur writing!!! The horror!!! ... He really is a terribly bad writer, doesn't appeal too much to the public... I just had enough of JJG... that was my trigger of joining the forum. But good luck to you in making it big and becoming a big shot and big talker here in this place! I'm glad something motivated you to get off your skinny fat ass, even though many of your posts seem to devolve into a kind of nonsensical rambling. Nonetheless, sounds like you are fighting the "good fight" with your alleged obsession to troll yours truly, and you seem to demonstrate by example that a HODL strategy can work.. and perhaps your participation in this thread has helped you in such HODL resolution, even if such resolution came through osmosis rather than conscientious efforts. Well... I was looking for a forum or some place where I could learn or someone who could teach me how to read charts and understand how to trade. And this was the place. I didn't trade long, just for a year or so. For now I'm waiting on a blockchain based exchange so I can play again. I'm not trusting any exchange anymore, even if I didn't lost a penny. It is just out of my understanding how others can give their money away in the possession of someone else. Sure, when it comes to exchanges we are surely in the very early stages of a transitional phase into decentralized exchanges, and in that regard, currently, centralized exchanges seem to provide a vast majority of current liquidity - and therefore seem to serve as a kind of necessary evil - until alternative mechanisms can develop and even facilitate high levels of liquidity that seems to be mostly offered, currently, through our existing exchanges. I used to have more than 50% of my bitcoin value (which includes some of my fiat that is dedicated to bitcoin) distributed amongst various exchanges; however, currently, I am around 20% - yet one good thing about BTC price appreciation is that I can consider a lot of my trading funds to be a kind of "house money" since my BTC investment seems to be quite safely over 30x in terms of profits... NOT a bad place to be.
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OWZ1337
Member
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Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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December 19, 2017, 11:40:40 PM |
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why not buy with online exchanges? I prefer the security and anonymity of OTC and ATMs. I learned my lesson with MtGox. Lost 50 coins. Never again. When I acquire coins, they go straight into offline cold storage, mostly paper wallets, although I do keep a small amount (less than 5 coins) in a Trezor for convenience. I don't ever want to expose my coins to the internet. I also resent nosiness. Anonymity is the cornerstone of freedom. Yes, ATM fees are usually higher than exchange fees but when you consider the cost of transferring fiat currency and the total lack of anonymity of online exchanges, it's a small price to pay. Whenever I have the chance to acquire coins for cash, anonymously, it's a bonus. I've met other Bitcoiners at meetups who I only know on a first name basis. I've also bought coins from storefront gold and coin dealers without divulging my name. They get their cash, I get my coins, no names required. the haters like bittrex and cryptsy always try to eliminate this fundamental kernel of bitcoin meh
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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December 19, 2017, 11:41:16 PM |
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LN comes in 18 month™
18 months™ is the new two weeks™
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JayJuanGee
Legendary
Online
Activity: 3878
Merit: 11087
Self-Custody is a right. Say no to"Non-custodial"
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December 19, 2017, 11:46:52 PM |
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I have held from $13. Still consider myself a bag holder.
Heartbreaking Here’s a tip. Become a Monero bag holder in a very small proportion of your portfolio. Not because you believe but for insurance. Insurance is expensive but none of us are smart enough to know the future. Bitcoin is an all-or-nothing proposition. Insurance against what exactly? Don't listen to the fools thinking that any coin comes close to Bitcoin. There is no coin that is even close to solving the scalability problem. Any "on-chain scaling solutions" are bullshit. ETH is a prime example of this. It is not possible to sync up a ETH node on consumer grade hardware in reasonable time[1] without pruning (which they had to set as default). The definition of centralized garbage.
[1] Several weeks/months on a Intel i7 Quad Core. I thought for sure that the ETH gang and its various affiliates would have lured you to more sympathy in their fight, especially since such fight includes krypto kitties.... MEOW!!!! Otherwise, I agree with your above points.
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JayJuanGee
Legendary
Online
Activity: 3878
Merit: 11087
Self-Custody is a right. Say no to"Non-custodial"
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December 19, 2017, 11:52:12 PM |
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Cant wait for this Altcoin cash sell off to start new Christmas ATH incoming soon... Hopefully, I’ve even got a few dozen alts but fuck them, annoying seeing bitcoin drop. yea, i'll agree. my (very small) trading amount is currently in btc, bought at 18825... i'm pondering selling and buying back lower, but not sure i'll CATCH lower... don't want to sell the bottom. You say that you do not have very many bitcoin; however, a common theme for you seems to be buy high sell low... or otherwise sell low and buy high... If you want to accumulate bitcoin, you gotta get out of that mindset, and buy as the price is going down and sell as the price is going up... .. and that would be a step in the right direction.. aminotrite?
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explorer
Legendary
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Activity: 2016
Merit: 1259
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December 19, 2017, 11:56:10 PM |
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Off Topic, but should be of importance to everyone, really.
Anyone using proton mail? I've left gmail as my general email provider (kitten pics, boring shit, and log ins for unimportant shit) for too long, and I'm not convinced my 'more secure (obscure?)' providers are any better. The last straw - I just reset my passwords via webmail, and ALL of my android devices automatically updated and logged in with the new passwords. This is beyond sketchy. It screams GET OUT NOW, or years ago, if you have a way back machine. I try not to use it for anything important anyway, but WTAF. So its time to evacuate and consolidate. Anything better than proton out there? If it's not free, it has to accept crypto. And of course, be anonymous.
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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December 20, 2017, 12:00:47 AM |
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Tax on bitcoin in most countries is classed depending on how they determine you use it.
bitcoin to me has always been a currency
not my fault I have to exchange it into to dollars to spend it.
and of course if I think bitcoin is worth 1,000,000 then I am cutting myself short by not holding
it is not investment when i HODL, it is getting as much of the correct value for my money
If i could shop with bitcoin I would....
Bitcoin for payment in shops everywhere, all over the world, anything you want... bye bye shitty payment systems
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RayX12
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December 20, 2017, 12:01:03 AM |
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Off topic:
Unbelievable I was able to execute some trades on Kraken Just NOW! That would be the 1st time in one week.
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