PoolMinor
Legendary
 Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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December 03, 2018, 08:16:37 PM |
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Address: 1EBHA1ckUWzNKN7BMfDwGTx6GKEbADUozX Seems like an old hodler moving his bitcorns. Well that is unsettling. Probably retrieving their fork coins. |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 03, 2018, 08:21:30 PM |
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R.I.P ETC   Fuck! |
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JayJuanGee
Legendary
 Online
Activity: 3696
Merit: 10148
Self-Custody is a right. Say no to"Non-custodial"
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December 03, 2018, 08:22:24 PM |
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If you are poor you should be saving instead of borrowing.
People that really "needs" the money, should never, ever borrow the money.
Enough rant.... I am open for criticism.
Nothing in this world allows you the increase your financial stability, your profits and your social status like borrowing a hella amount of money. Though of course you must be smart about what you do with the investments. I just borrowed 250k€, that's about 7 years of salary for me. The interests are basically 0 if you take inflation into consideration so that's basically just me borrowing to my future self to increase my current income ^^ If I could borrow 4M€ I would  Well, as I said it depends on what you do what that borrowed money. If you use it for getting a better bigger house for living in it, instead as an investment to get a rent. If you use it to buy a better car, to buy better clothes, or to basically have more "free" money to spend on whatever you think makes you feel better as many people did, then that's where the problem comes. People borrowed money and started to spend it like they had already earned it.... That's what basically happened. If you are able to get someone to lend you 4M at almost no interest, and are also able to invest it wisely and safely without upping your lifestyle until you can really do it with YOUR OWN money, then it is ok. Anyways, I would consider that to be way overleveraged... but to each their own. But that's not what most of the people that later couldn't afford to make the repayments did. To me, the distinction is 'investment" versus "consumption", and there is a considerable amount of less prudence to borrow to consume rather than to invest, and surely there are gradients, too. Some folks might never be able to get out of poverty if they were not able to borrow to invest, and that seems to be one of the BIG problems with traditional banking institutions that fail/refuse to give adequate access to certain classes of people (especially the poor) which makes it a whole hell-of-a lot more difficult for some certain people to rise out of poverty. |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4863
Doomed to see the future and unable to prevent it
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December 03, 2018, 08:22:25 PM |
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R.I.P ETC Well Well Well that fork lasted quite longer than I figured it would. Not a fork, that is the actual immutable ETH scamcion chain. ETH is the fork. |
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11997
BTC + Crossfit, living life.
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December 03, 2018, 08:22:44 PM |
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These Bitcorn prices aren't making any sense.
I'm starting to get the fear.
Fuck.
Not good.
Not good at all.
whip up one of your special loads Bob, you'll feel better BoB this kind of mondays beer from what hour till what hour and how many? My GF just Made me Some cheap Ass extra spicy pad Thai ( extreem spicy) i can use Some of that right now, cause during DIPS/beartimes as these..... my stumage is as stuck as hell.... need to flush everything out cause i’m hodling way more than i wish for right now..... PUMP now !  |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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66 thousand coins on the move  |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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December 03, 2018, 08:29:23 PM |
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inb4 ETC devs come back yay pump it
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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December 03, 2018, 08:30:09 PM |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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December 03, 2018, 08:32:36 PM |
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R.I.P ETC Bitcoin-idiots are pretending this is somehow an Eth-negative only story. What they're really saying is that the coin suddenly becomes worthless without endless sacks of money being thrown at "development". That's funny, my physical silver doesn't become worthless if I refuse to pay taxes to a "developer". And then it further begs the question, if this garbage is supposed to be money, why does it need continuous development in order to not implode? That's NOT a trait of "money" the last time I checked. That sounds more like something resembling a liability than money. There's also of course no endgame or final goalpost for development. They just pretend it requires infinite development. Here's a clue, idiots, infinite development means central bankers controlling the coin under the pseudonym "developer". |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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December 03, 2018, 08:33:00 PM |
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That news is old btw....
uhhh, its only got 3 confirmations so far |
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BTCMILLIONAIRE
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December 03, 2018, 08:34:00 PM |
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R.I.P ETC Fuck! Market still didn't get the news. Is it possible to short ETC anywhere? |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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December 03, 2018, 08:36:18 PM |
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From the comments. tl;dr "Buy low. Sell high."  My money is all tied up. Don't have anything I feel is responsible to tap into, to buy low, considering the size of my Bitcorn bags already... All I can do is just sit here and watch at this point. A passenger on a train, if you will. Just hodling my bag. Waiting for the next stop... ... surrounded by snow, and hungry bears. Sheeeit. Looks as though you did not get the message from the video, or you did not watch it. It was more about the sentiment of people and how it relates to the market. |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 03, 2018, 08:36:48 PM |
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Still inside the bear pennant, just. We have a few more days left if we decide to bounce around but a big move will happen within 4 days.  |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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December 03, 2018, 08:39:40 PM |
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That news is old btw....
uhhh, its only got 3 confirmations so far see my edits. |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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December 03, 2018, 08:41:27 PM |
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Eth has the dev team.
These ideology coins never have the full support and just have crypto enthusiast. This is why bcash abc SV or eth clasic will all fail.
If you claim a coin only has value due to whatever development team is working on it, then obviously none of them have value since you're advocating the "proof of Vitalik" consensus model. It's like advocating to get behind whatever robber baron from traditional finance throws the most resources behind a coin. And that is exactly how all these digital shitcoins work in practice. It doesn't matter what coin all the turds on this thread support. If there is a contentious fork in bitcoin, the real bitcoin is solely determined by what coin places like Coinbase and Bitstamp back, which is why none of this garbage has any real value compared to physical metals. It's all just a bunch of arbitrary alliances and nonsense, while physical metals are actually based on objective, atomic structure instead. |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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December 03, 2018, 08:49:37 PM |
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ahh, I see
we're all good then right?
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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December 03, 2018, 08:51:34 PM |
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ahh, I see
we're all good then right?
They are likely moving coins to get their forked coins. |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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December 03, 2018, 08:52:55 PM |
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ahh, I see
we're all good then right?
no idea. maybe he'll dump but I suspect a stronk #hodler i guess it's not anonymint or certain others because of the segwittedness yes i followed one lot of addy's back to a split for bch |
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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December 03, 2018, 08:53:49 PM |
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R.I.P ETC Fuck! Market still didn't get the news. Is it possible to short ETC anywhere? ETC has multiple teams working on it. IMO, only ETCDEV leaving is not going to cause much trouble to ETC's infrastructure development. They are likely moving coins to get their forked coins.
They are likely moving coins to enjoy our fear in this thread. |
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