HairyMaclairy
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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May 07, 2018, 09:57:02 PM |
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That’s a retarded analysis. The price spiked because everyone was yelling THIS IS WALL STREET MOON NOW and then fell in a classic buy the rumour sell the news.
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Robin,Hood
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Activity: 462
Merit: 62
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May 07, 2018, 10:03:58 PM |
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No wonder hardware wallets sales are booming downloading this amount of data is not an option in the years ahead. 
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erre
Legendary
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Activity: 1694
Merit: 1208
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May 07, 2018, 10:04:46 PM |
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Well, not seeing us testing $10k by mid-week at this rate.
It's OK, we're still going to reach $12280 *on 11th June.  sorry to break it to you but I think you'll find it will be the 12th june ain't got no problem with those dates  13th of june is definitely more probable 
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Last of the V8s
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Activity: 1652
Merit: 4402
Be a bank
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May 07, 2018, 10:09:11 PM |
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Guess the SEC/CFTC working group is over. 
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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May 07, 2018, 10:40:46 PM |
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Toxic2040
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Activity: 1876
Merit: 4315
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May 07, 2018, 10:56:12 PM Last edit: May 07, 2018, 11:08:40 PM by Toxic2040 |
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That’s a retarded analysis. The price spiked because everyone was yelling THIS IS WALL STREET MOON NOW and then fell in a classic buy the rumour sell the news.
There are some interesting nuggets..but little mention of the fundamentals pertinent to the actual reason's for the price declining. Which was due imho, to normal market dynamics that we have already discussed. Quarterly taxes..miners selling to cover capital cost's, historical March sell down..ect. No mention of orders of magnitude growth and adoption of a paradigm shifting global store of value and Ecurrency of the future. *edit* http://www.businessinsider.com/tyler-winklevoss-to-bill-gates-put-your-money-where-your-mouth-is"I agree I would short it if there was an easy way to do it." "There is an easy way to short bitcoin," 
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realr0ach
Sr. Member
  
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Activity: 924
Merit: 311
#TheGoyimKnow
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May 07, 2018, 11:05:12 PM |
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paradigm shifting global store of value and Ecurrency of the future.
Imaginary tokens are not a "store of value" no matter how many times you repeat the lie. To be a store of value, it would require having some type of intrinsic value plus not being easily destructable. Bitcoin has neither of those traits because 1) It obviously has no intrinsic value and 2) can be black swaned and destroyed by millions of variables like encryption vulnerability, rough consensus attack, etc. While it requires a black hole hitting the planet to black swan silver or gold. Things like metals are more durable than the human population that inhabits the earth, while shitcoins are not. Shitcoins also have no intrinsic value. The words store of value and shitcoins do not belong in the same sentence. They will always just be pump and dumps - trying to hock off something of 0 value onto someone else for > 0 value.
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Toxic2040
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Activity: 1876
Merit: 4315
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May 07, 2018, 11:17:20 PM |
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paradigm shifting global store of value and Ecurrency of the future.
*Edited for clarity* "Same tired diatribe." I have asked before..this will be the last time. Who are you trying to save here bug? Pretty sure anyone who makes it this far and is standing at the Wall can see exactly what your words are.. I actually feel sorry for you. There is a word for it...what is that now....oh yes..Pity.
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4402
Be a bank
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May 07, 2018, 11:18:29 PM |
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savetherainforest
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May 07, 2018, 11:20:50 PM |
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That might be a poor bet. It might go under 6000$ for a few seconds. 
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savetherainforest
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May 07, 2018, 11:50:54 PM |
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^This makes me sad
When I see dips... I see more BTCiTcoin in my stash. So who the F'.. cares about stupid people bets. Other people make money out of their tragedy. Its nice! 
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TERA2
Full Member
 
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Activity: 266
Merit: 222
Deb Rah Von Doom
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May 07, 2018, 11:56:46 PM |
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If i were to make a bet, how much would you want to bet and where would we do it?
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savetherainforest
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May 07, 2018, 11:59:47 PM |
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If i were to make a bet, how much would you want to bet and where would we do it?
This should be a pool question.  But I personally don't bet. I just crunch numbers and make boring 1:1 trades. 
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HairyMaclairy
Legendary
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Activity: 1442
Merit: 2285
Degenerate bull hatter & Bitcoin monotheist
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May 08, 2018, 12:11:38 AM |
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If i were to make a bet, how much would you want to bet and where would we do it?
That would be a nice asymmetric bet. Price goes down, you win the bet. Price goes up, you do fine.
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jojo69
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Activity: 3626
Merit: 5300
diamond-handed zealot
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May 08, 2018, 12:36:21 AM |
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That might be a poor bet. It might go under 6000$ for a few seconds.  on the 8th of June
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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May 08, 2018, 12:55:01 AM |
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If i were to make a bet, how much would you want to bet and where would we do it?
This should be a pool question.  But I personally don't bet. I just crunch numbers and make boring 1:1 trades.  Sorry this is for Torque
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Torque
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Merit: 5504
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May 08, 2018, 01:01:25 AM |
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If i were to make a bet, how much would you want to bet and where would we do it?
This should be a pool question.  But I personally don't bet. I just crunch numbers and make boring 1:1 trades.  Sorry this is for Torque You can't even post a bottom price call here, for fear of looking bad. So why would anyone want to bet with you? Just call a bottom price FCS.
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