gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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June 26, 2019, 01:19:54 AM |
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Has any gain this rapid ever ended well in the short/medium ish term?
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10879
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 01:20:27 AM |
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Hello Guys ! How about BTC goes to 20k $ so it forms a double top with the old 20k $ ATH and then ... you know the rest ?
Then what? There are no strict rules in bitcoin (especially if we seem to be in an exponential s-curve, so even if "technically you get a "double top" what the fuck is going to happen? You come off as a bit presumptuous to believe that you know what a double top would mean in these circumstances, while implying that it means down.... which would be a very questionable next step, at best, especially if the second top were to come under these kinds of price dynamic conditions.. and go straight up there from here.
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CryptoNeed
Full Member
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Activity: 504
Merit: 137
Nope.
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June 26, 2019, 01:20:48 AM |
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Good morning WO's! Whoa, 12.000 observered during the night Support at 11.5k which correlates with 50% fib.
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10879
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 01:23:35 AM |
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bones261
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Activity: 1806
Merit: 1828
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June 26, 2019, 01:30:52 AM |
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But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market?
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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June 26, 2019, 01:33:39 AM |
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Good morning WO's! Whoa, 12.000 observered during the night Support at 11.5k which correlates with 50% fib. Nope, 11972 observed. We use Bitstamp in this thread.
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EatonABooger
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Activity: 151
Merit: 36
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June 26, 2019, 01:33:58 AM |
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not going to sleep until I see 12k (on gemini)
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Theoak*
Newbie
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Activity: 26
Merit: 2
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June 26, 2019, 01:35:13 AM |
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Well yes it is different so far, I don’t see shitcoins pumping along the same trajectory as our last bull run. It’s still early days of the baby bull, one last pump for the shit coins then hopefully that money will flow back into btc in a perfect world( my perfect world atleast).
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 26, 2019, 01:39:06 AM |
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The kikes can attempt to rig this to try and distract people from physical metals as much as they want, the goyim are simply not buying imaginary, valueless, digital shitcoins.
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bitcoinPsycho
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Activity: 2618
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$120000 in 2024 Confirmed
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June 26, 2019, 01:41:49 AM |
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Major fail . Gold bug
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 26, 2019, 01:52:58 AM |
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You think having a botnet of real Bots is a bad idea?
Quite. But also very hard to see how the economic and business models will ever stack up. They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy. But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book. How could they break even when they are competing against ASICs in data centers? ASIC resistant blockchains. No such thing. Insider only ASIC blockchains yes.
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hisslyness
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June 26, 2019, 01:59:12 AM |
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The kikes can attempt to rig this to try and distract people from physical metals as much as they want, the goyim are simply not buying imaginary, valueless, digital shitcoins.
You are 100% correct, they are buying BITCOIN...
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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June 26, 2019, 02:08:48 AM |
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You think having a botnet of real Bots is a bad idea?
Quite. But also very hard to see how the economic and business models will ever stack up. They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy. But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book. How could they break even when they are competing against ASICs in data centers? ASIC resistant blockchains. No such thing. Insider only ASIC blockchains yes. Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 26, 2019, 02:09:48 AM |
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Evidently. Is everyone being a little blasé?
Is it all 'meh, wake me up when it's 20K'...?
I'm not blase. I'm just a bit... wut? I'm going to let it ride and be shocked by nothing. Yes the current rise has exceeded expectations. Some zen required.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 26, 2019, 02:15:38 AM |
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You think having a botnet of real Bots is a bad idea?
Quite. But also very hard to see how the economic and business models will ever stack up. They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy. But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book. How could they break even when they are competing against ASICs in data centers? ASIC resistant blockchains. No such thing. Insider only ASIC blockchains yes. Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable. Fair enough
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10879
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 02:19:51 AM |
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But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market? Only rich people say those kinds of things, not normies like us,.... Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich" Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries. Good morning WO's! Whoa, 12.000 observered during the night Support at 11.5k which correlates with 50% fib. Nope, 11972 observed. We use Bitstamp in this thread. That is be call Koreck. You tell em, Arriemoller.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 26, 2019, 02:22:51 AM |
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But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market? Only rich people say those kinds of things, not normies like us,.... Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich" Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries. Good morning WO's! Whoa, 12.000 observered during the night Support at 11.5k which correlates with 50% fib. Nope, 11972 observed. We use Bitstamp in this thread. That is be call Koreck. You tell em, Arriemoller. “Everyone” is not greedy. Joe Public is still fearful from the 2018 crash.
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10879
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 02:29:36 AM |
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But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market? Only rich people say those kinds of things, not normies like us,.... Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich" Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries. Good morning WO's! Whoa, 12.000 observered during the night Support at 11.5k which correlates with 50% fib. Nope, 11972 observed. We use Bitstamp in this thread. That is be call Koreck. You tell em, Arriemoller. “Everyone” is not greedy. Joe Public is still fearful from the 2018 crash. I don't believe you. I would have to see those kinds of extraordinary claims supported by some kind of empirical evidence....... Perhaps a "meter" of some kind of reliable sorts?
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nutildah
Legendary
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Activity: 3122
Merit: 8419
Happy 10th Birthday to Dogeparty!
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June 26, 2019, 02:31:41 AM |
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Update on transaction fees for those who may be concerned:
I sent a transaction 12 minutes ago with a 21 sat/byte fee ($0.35; recommended is currently 51 sat/byte) and it confirmed in the next block.
I think people in large pay humongous fees either because they are:
a. Roger Ver sending bitcoin to himself in a quest to prove that BTC has high fees b. sent by people who don't mind sparing a couple extra bucks to guarantee a quick confirmation time
Long story short: there's no reason to pay more than $2 in fees when $0.35 will do just fine.
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10879
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 02:50:47 AM Last edit: June 26, 2019, 03:14:55 AM by JayJuanGee |
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You think having a botnet of real Bots is a bad idea?
Quite. But also very hard to see how the economic and business models will ever stack up. They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy. But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book. How could they break even when they are competing against ASICs in data centers? ASIC resistant blockchains. No such thing. Insider only ASIC blockchains yes. Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable. I hate to get you back "on topic" jbreher, but I would like to confess that I made a bit of a orderbook/laddering/incrementalism "screw up." I had some sell orders fill in around the $11,950 price area, so I was resetting my buy orders, and the price was around $11,867, but I was setting one of my buy orders to buy back some of my coins in the $11,200 arena, but instead of typing $11,200, I fat fingered it (typed $12,200), and I accidentally bought immediately at $11,867. So when I make those kinds of buy/sell mistakes, I have to attempt to make up for it, by cancelling at least one additional buy back order, and hope that I am able to sell the same amount that I accidentally bought at a bit of a higher price.. at least break even, cover my fees, and maybe a few dollars profits, just for cushion (in case I make another quickie mathematical mistake).. So, anyhow, I am kind of hoping for BTC prices to go short term UP before going short-term DOWN in order to get my various order books laddering etc re-synchronized.. otherwise, my orders will likely be out of sync for a bit of time... until I make up for the mistake in the opposite direction. Either way, I am likely to get resynchronized, even though the mistake kind of screwed up my rhythm. Surely, I have had much worse mistakes. This mistake ends up still being profitable because mostly it covers my fees on both ends, but it is just inconvenient. The worse mistakes are when I mistakenly buy back for more than I had sold and then having to account for fees, too,.. then I am kicking myself harder in those kinds of fat finger circumstances, and it usually takes longer to make up the difference when it is an already losing mistake... versus this one that was still covering my costs. This one just caused me to make less money and for my orders to be out of sync and so I have to spend additional time paying attention to getting my orders resynchronized.. .. but if the BTC price goes up immediately to about $11,987-ish, then I will be pretty much back to the position that I would have been (absent the mistake) and quickly resynchronized... and back into regular and systematic business as usual mode. Edit (21 minutes later):Problem resolved. Correction sell order filled. I reset the correction sell order for $11,982-ish... because there was a little bit of a wall of coins at $11,984, so I wanted to make sure that my orders got filled, instead of getting stuck..... but either way the matter was resolved because the price went up beyond my amounts, and I was able to reset my buy orders back to the original intended amounts
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