IntroVert
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November 25, 2018, 02:42:27 PM |
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80% down from high, still possible to go further down... just dollar cost average buys, it should work out
Blood on the streets stage approaching and stuff...
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 02:57:22 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
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TheCactus
Newbie
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Activity: 28
Merit: 10
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November 25, 2018, 02:59:41 PM |
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down.
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LFC_Bitcoin
Legendary
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Activity: 3612
Merit: 10007
#1 VIP Crypto Casino
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November 25, 2018, 03:05:41 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
r0ach, are you currently invested in bitcoin or do you plan to in the future? Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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November 25, 2018, 03:10:03 PM |
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I have some euro in a German bank that I've been too lazy to get out.
I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.
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El duderino_
Legendary
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Activity: 2590
Merit: 12608
BTC + Crossfit, living life.
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November 25, 2018, 03:12:47 PM |
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down. Who would ever pay for hodl Posts on a forum ....?
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evergreendog
Jr. Member
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Activity: 79
Merit: 3
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November 25, 2018, 03:13:24 PM |
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I have some euro in a German bank that I've been too lazy to get out.
I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.
Being greedy works both ways.
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TheCactus
Newbie
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Activity: 28
Merit: 10
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November 25, 2018, 03:14:02 PM |
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down. Who would ever pay for hodl Posts on a forum ....? Dumpers don't want people selling on top of them. Trolls work both ways. But I'm not bitter.
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El duderino_
Legendary
Offline
Activity: 2590
Merit: 12608
BTC + Crossfit, living life.
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November 25, 2018, 03:14:14 PM |
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Spaceman i must say we do not experience a DIP the same
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LFC_Bitcoin
Legendary
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Activity: 3612
Merit: 10007
#1 VIP Crypto Casino
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November 25, 2018, 03:14:30 PM |
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I have some euro in a German bank that I've been too lazy to get out.
I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.
Put it towards a hit man to take out Craig Satoshi Wright, I’ll match it!
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Icygreen
Legendary
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Activity: 1463
Merit: 1135
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November 25, 2018, 03:14:40 PM |
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Ok, fourth leg down since 6.4K... this is beyond ridiculous....
And what worries me the most is that I am not hearing panic screams, nor cryings, nor anything. Are we fucking still in denial phase?
There's no denial, you know why? 20K did not happen with a single hand. The nest has been kicked. All eyes are on entry points.
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El duderino_
Legendary
Offline
Activity: 2590
Merit: 12608
BTC + Crossfit, living life.
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November 25, 2018, 03:16:35 PM |
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commiserations to those that sold at the bottom.
Oh shit... the major! the colonel will be alright his bosses will tell him when to act bullish again I always assumed you were being paid to post here. Hodl memes all the way down. Who would ever pay for hodl Posts on a forum ....? Dumpers don't want people selling on top of them. Trolls work both ways. Dammit who can i pay next time to HODL, and become Richer Then they do instead of selling there best value asset? Please pay me BTC’s to HODL That would be living the ultimate dream
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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November 25, 2018, 03:17:32 PM |
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I really don't believe the fud about hitting 2k, fudsters are out in full force trying to get everyone to dump their coins on the cheap. I believe bottom was already hit and we will never see those lows again. There is just too much uncertainty in government currencies for bitcoin not to keep growing.
You under estimate the latitude available to the "price discovery" process. The market will dump until every last drop of profit is extracted and only die-hard hodlers are left. It's only 20 months since we were at $1k and that level can easily be retested legitimately. Expect the unexpected.
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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November 25, 2018, 03:19:25 PM Last edit: November 25, 2018, 03:42:46 PM by realr0ach |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
r0ach, are you currently invested in bitcoin or do you plan to in the future? Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering. I would say bitcoin does not qualify as an investment. It's not a business, and it's also a currency and not money. I'd say in current state, it's a centralized, Chinese currency issued by Bitmain, similar to how Chuck E Cheese tokens are issued by the Pizza store. The only people who should be screwing with currencies are Forex traders or people that actually use them for something. As in, if you don't use the currency Delta Airline miles for anything, you should not be holding Delta Airline Miles. Everyone else should either be using real money (silver and gold) instead of currencies or creating/investing in some type of business or something. Looking at things from a big picture view, it's absolutely astonishing people are trying to portray a currency as a get rich quick scheme when actual money exists with far superior traits (silver and gold). If anything, the real get rich quick scheme is when the market does it's paradigm shift back from fake money (fiat paper) to real money again (metals). The only way that's not going to happen is if you make believe the crooked US govt can defeat Russia, China, Iran, Turkey, and dozens of other nations simultaneously in a world war - a complete joke. Most people in the US will even fight on the side of Russia against their own crooked govt to make it even more laughable.
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AR_fan
Jr. Member
Offline
Activity: 49
Merit: 6
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November 25, 2018, 03:19:58 PM |
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Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
r0ach, are you currently invested in bitcoin or do you plan to in the future? Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering. he'll buy back once price has been flat and boring for a while like all smart money. i'm sure he'll come tell us that once that happens. he did say it in 2015. i'm betting market will turn bullish end 2019, until then unfortunately its what he says... you're jut buying a falling knife hoping the entity controlling the price turns the engine back up. only way to make money in this market is to treat it as a scam market. its a sad state of affairs, but it is as it is. @roach, whats your bet on GS next move on crypto? do you think they exit? do they pump ETH again? I'm betting on ZCASH for the biggest gains if we ever have a bull run again. Its barely touched, not many people that can dump on them, entirely controlled, completely scammy but with good and clean marketing image. Seems like a perfect tool to me.
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xhomerx10
Legendary
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Activity: 3920
Merit: 8427
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November 25, 2018, 03:29:39 PM |
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Somebody is getting lazy with their updates so I'm cutting their grass for them Feb 6th 2018 the sentiment indicator was at 8 - lowest so far.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 25, 2018, 03:36:20 PM |
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jojo69
Legendary
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Activity: 3248
Merit: 4457
diamond-handed zealot
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November 25, 2018, 03:40:34 PM |
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don't you people have jobs to go to?
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Spaceman_Spiff_Original
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November 25, 2018, 03:43:17 PM |
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Spaceman i must say we do not experience a DIP the same Haha, no I meant that I found it weird that nobody had commented for 15 minutes in such a volatile period.
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