Anon136
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Merit: 1217
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June 11, 2018, 12:57:16 AM |
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good god...the carnage
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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June 11, 2018, 01:09:45 AM |
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I couldn't quite make out the numbers this morning when I saw the price. It didn't seem real.
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shahzadafzal
Copper Member
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Merit: 3008
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June 11, 2018, 01:43:31 AM |
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There will be blood!!
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STT
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Activity: 4046
Merit: 1447
Catalog Websites
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June 11, 2018, 02:03:13 AM |
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In commodities 10% I rate as a very possible move, I dont know its correct place but thats where I place BTC in volatility for comparison. So the way oil can spike on changes, big politics and all that, it seems to fit the background to what might drive BTC also. Oil is going up btw because Venezuela and couple other places are underperforming (greatly). Yea OPEC restricted production some but these other factors have been a tail wind that helped oil higher rather then opposed which was very possible. Iraq for example has production and reserves could in theory out size Saudi Arabia, long term oil should not spike but of course dollar is weak. Theres always story behind price movements, unintentional usually. When Venezuela falls over, its probably a sell for oil longs only then Do whales know something we dont? Just read somewhere a whale moved 90k coins to exchanges.
Whales dont determine the market despite their size. If BTC is all about the largest elements being the most important factor then Im in the wrong place anyway and I dont expect crypto to amount to much in that case. Capitalism itself is capital and production with the people, not top down evil Megacorp like most people think how capitalism must be a negative. Thats all we know within this generation or so but a correct economy would be from bottom up. Even now you shouldn't have to go far to find that the fastest growth will always come from the smallest participants in a market, people, small enterprise and so on. It really is not about the whales, I hope BTC reflects that and is better engaged with capitalism then dollar and the fractional reserve global system of value it has become. If it BTC is a better match it will rise, all this price dancing about is not a determiner and the largest whale on an exchange is just a side show to a far larger global picture of trade and growth from people not government spending/debt
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infofront (OP)
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Shitcoin Minimalist
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June 11, 2018, 02:12:50 AM |
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I do have a pressing question however.. I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?
For me..I have to say I appreciate the one on the far right the most.. Not sure if its that smile that accompanies it or the slight knock knee'edness...
I'll take the plumpest one, on the left.
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Raja_MBZ
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June 11, 2018, 02:15:08 AM Merited by BobLawblaw (1) |
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This picture shared by someone on Twitter literally made my day.
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slowlyslowly
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June 11, 2018, 02:26:20 AM |
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There will be blood!! the only 2 stats worth anything are: 1. Every single person who bought their bitcoin and held it from 2009 - to about October 2017 is way ahead. Its not a long time period compared to say gold but it is still a very impressive stat 2. Bitcoin has jumped up and down by large daily percentages before - and will do so again. Nothing to see here. Move along.
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realr0ach
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#TheGoyimKnow
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June 11, 2018, 02:33:51 AM |
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1. Every single person who bought their bitcoin and held it...is way ahead.
That's why it's easy to see the bottom isn't in. You have most people saying things like: "WTF my shitcoins are only worth enough to buy a new Corvette now instead of a Porsche". Once most of these people are all either breakeven or underwater, that's the bottom - or maybe new Hyundai at best.
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d_eddie
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June 11, 2018, 02:34:10 AM |
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you guys think we will drop below 6k?
We could. The next 1200 hours are critical.
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slowlyslowly
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June 11, 2018, 03:10:14 AM |
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1. Every single person who bought their bitcoin and held it...is way ahead.
That's why it's easy to see the bottom isn't in. You have most people saying things like: "WTF my shitcoins are only worth enough to buy a new Corvette now instead of a Porsche". Once most of these people are all either breakeven or underwater, that's the bottom - or maybe new Hyundai at best. No - the only people bitching about the price are the "new to bitcoin" greedy buyers that that jumped in when the price went from $5,000 - $19,000 in a flash. If they sell out who cares . The bottom may be about $5,000 based on previous big drops which will be fine and it will rise from there. Long term holders have seen these "new entrants" come and go before. A new batch will enter when we next go up exponentially. These rises and falls give the news media something to say but matters very little to 95%? of the bitcoin owners
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Toxic2040
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June 11, 2018, 03:16:16 AM |
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deleted by user.
I doubt anyone was asking for deletion..just some resizing. I really dont care as I view this from home on a 42inch screen. I have heard complaints about img size from phone users however..so I was just trying to pass along that your img's seemed large. I do have a pressing question however.. I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?
For me..I have to say I appreciate the one on the far right the most.. Not sure if its that smile that accompanies it or the slight knock knee'edness...
I'll take the plumpest one, on the left. I do like that choice sir...was nearly a 50/50 split. That one looks like the kind you might take home to meet Mom..I try to stay well away from that type of wholesome goodness. *shudder* you guys think we will drop below 6k?
We could. The next 1200 hours are critical. It is possible...but I do not believe we will. And I make it the next 2,160(bout 90 days) hours that are critical eddie.. ----------- Some fib lines to gawk at.
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jojo69
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diamond-handed zealot
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June 11, 2018, 03:16:35 AM |
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I do have a pressing question however.. I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?
For me..I have to say I appreciate the one on the far right the most.. Not sure if its that smile that accompanies it or the slight knock knee'edness...
I'll take the plumpest one, on the left. the blonde in the middle, while cute, is slightly thin for my taste...either of the bookends are over the top fine
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STT
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Activity: 4046
Merit: 1447
Catalog Websites
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June 11, 2018, 03:38:17 AM |
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deleted by user.
I doubt anyone was asking for deletion..just some resizing. I really dont care as I view this from home on a 42inch screen. I have heard complaints about img size from phone users however..so I was just trying to pass along that your img's seemed large. On an imgur link, if you add g just before the .jpg then it posts the smaller resized version. Thats a default option, so graphg.jpg would be smaller then graph.jpg the original Or can just post the link itself of course. https://ip.bitcointalk.org/?u=http%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDfYDvEAU8AAYmmA.jpg&t=589&c=7yVC--rznvWk4AWith this one, a price can cross trend line but it must close below to have greater significance. Dont know if thats the case there but its not been a full day yet. I already had it below a trend from this time last year (the diagonal line on the graph) but I also expected better confirmation of that break. So close below and then find previous trend as a ceiling
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Paashaas
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June 11, 2018, 03:56:11 AM |
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This is not the first time i see double spendings in Bcash. And they cheer for Zero fee and 0-conf tx's
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realr0ach
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Activity: 924
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#TheGoyimKnow
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June 11, 2018, 04:21:32 AM |
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This is not the first time i see double spendings in Bcash.
#shitcoinproblems #glorious_physical_silver_coin_master_race
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 11, 2018, 04:22:13 AM |
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I'm really thinking of quitting. Too tired of this. if 11K will ever happen i will quit(
Still kicking my ass for not dumping $1M @ $11.5k on the last bounce At what point will you be kicking your ass for not reinvesting the millions you already cashed out back into Bitcoin? Do you have that much more faith in fiat and your managed stock portfolio over Bitcoin these next few years? Are trade wars and nationalism getting you harder than choo-choos and rocket ships ever did? Bitcoin hashrate still climbing. Bitcoin price still up +150% from 1 year ago. SEC still being hammered with Bitcoin ETF applications. Fidelity, Goldman, JP Morgan still proceeding with Bitcoin trading options. The Commissioner of the US CFTC still calling Bitcoin an unstoppable technological revolution and modern miracle. Bitcoin is dead. Long live Bitcoin!Exactly!!!!!! A considerable point in these price times is to be thinking about when and planning strategies for buying back in rather than whining about negative nancy naysayer "should have blah blah blah..." .. And, poor me, I cashed about several million $ and I should have cashed out an additional million $... seems like nonsensical first world problems.
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realr0ach
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June 11, 2018, 04:24:59 AM |
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I just noticed JayJuanGee posts are very similar to watching an episode of M.A.S.H. with your eyelids taped open.
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realr0ach
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#TheGoyimKnow
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June 11, 2018, 04:36:32 AM |
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pacman7331
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June 11, 2018, 04:50:48 AM |
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Three possible long term trendline supports:
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Toxic2040
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June 11, 2018, 05:28:19 AM |
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Three possible long term trendline supports: pacman going all weekly on us...sheeit..thats gotta be worth a merit. A bullish recovery scenario on the weekly might look something like this all be it a bit exaggerated.
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