bkbirge
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August 17, 2019, 03:08:09 AM |
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"...Nakamoto will illustrate the role that cyphers and encryption related to his devotion to Chaldean numerology played in many decisions in his creation of Bitcoin." ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.kym-cdn.com%2Fphotos%2Fimages%2Ffacebook%2F001%2F288%2F198%2Fd88.jpg&t=665&c=BMAiTb1RcFYlKA)
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lightfoot
Legendary
Offline
Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
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August 17, 2019, 03:18:15 AM |
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fillippone
Legendary
Online
Activity: 2268
Merit: 16330
Fully fledged Merit Cycler - Golden Feather 22-23
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August 17, 2019, 04:44:53 AM |
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Good morning WO Observing BTC @10,380 Observing above picture Too Speaking of dreams: If you want to dream, dream it bigger: https://twitter.com/digitaliknet/status/1162367526279491585?s=21Something for fun ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It shows how would next 1458 days (full cycle) look like if price change history would repeat last 1458 days. As with all other graphs this one is live so it is interesting to see how estimated ATH is changing over time. digitalik.net/btc/cycle_repe… #bitcoin #btc ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FECGPGZ1X4AAltBU%3Fformat%3Djpg%26name%3Dlarge&t=665&c=GL8grULN8XbEoA)
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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August 17, 2019, 05:05:11 AM |
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Yeah. That would be quite a lot of money. So many moneys.
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fillippone
Legendary
Online
Activity: 2268
Merit: 16330
Fully fledged Merit Cycler - Golden Feather 22-23
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August 17, 2019, 05:10:45 AM |
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Yeah. That would be quite a lot of money. So many moneys.
Remember to HODL. Don’t get lured into selling 400K! Ah! I want to see this post to age well and be found again around WO page 53,834!
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Biodom
Legendary
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Activity: 3864
Merit: 4285
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August 17, 2019, 05:17:26 AM |
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Impossibru!
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jojo69
Legendary
Online
Activity: 3276
Merit: 4522
diamond-handed zealot
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August 17, 2019, 05:54:46 AM |
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Rubbish.
I wish I shared your optimism. While I do believe that the State, as currently conceived, is becoming obsolete, I expect it to be an idea whose death throes will be quite violent.
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SuperTA
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August 17, 2019, 06:04:10 AM Last edit: August 17, 2019, 06:14:37 AM by SuperTA |
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Good morning WO Observing BTC @10,380 Observing above picture Too Speaking of dreams: If you want to dream, dream it bigger: https://twitter.com/digitaliknet/status/1162367526279491585?s=21Something for fun ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It shows how would next 1458 days (full cycle) look like if price change history would repeat last 1458 days. As with all other graphs this one is live so it is interesting to see how estimated ATH is changing over time. digitalik.net/btc/cycle_repe… #bitcoin #btc ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FECGPGZ1X4AAltBU%3Fformat%3Djpg%26name%3Dlarge&t=665&c=GL8grULN8XbEoA) Bro, don't compare and copy this pattern from 2016! That was a bad pattern, caused by collapse of mt.gox. Which caused longer sideways movement after the bear market. That's why many people think this bull rally 2019 from 3k to 14k was too fast. Because they compare this year's rally with previous start of 2016 bull rally. We are in a different circumstances right now and we will probably have a different pattern this time. Besides that, this pattern looks very unnatural, if you look the pattern from today's point to 2021.
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fillippone
Legendary
Online
Activity: 2268
Merit: 16330
Fully fledged Merit Cycler - Golden Feather 22-23
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August 17, 2019, 06:17:20 AM |
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#deletecoinbase #neverforget
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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August 17, 2019, 06:24:01 AM |
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You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)
Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding? A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst. - jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia Noted: Jbreher admits to being one of the armagaeddon nutjobs. Hopefully, you, jbreher, are not staking too much of actual value (more than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication) on such an unlikely scenario. I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week. I might subscribe to this, but the question is what form it would take. Imagine for a moment that ALL bonds in developed countries (or at least up to 30 year) are with negative yield (like in Germany right now). What would it mean? To me, it would almost certainly mean that you would be charged for deposits. In a big picture this would look like system malfunction. El-Erian recently said that fin system is not set up to operate with negative yields. Think of insurance and pension funds, for example. In this situation, who would have deposits larger than a month or two of expenses? Reset where and how would reset affect those negative rates? I don't think that the CBs/IMF/etal have WarRoomed the possibilities sufficiently in order to be ready when the offal hits the oscillator. Accordingly, they will likely react in panic. Which would indicate the reset could go in any direction. That said... r0ach certainly spews a lot of shit. However, I can agree with him on one point. I think the most likely reset (should it occur within the near or mid term) would be a return to gold as the ultimate basis of world monetary system. I suppose there might be an interim step of 'backed by SDR', but I don't expect that particular sleight of hand to last more than a decade itself. I do see scenarios where Bitcoin (be it BTC, BSV, or BCH) becomes the reserve currency, but given current state and rate of current trends, less likely. At least in the short term. As far as interest rates? Repudiated debt does not carry interest. I don't see the rebasing of the monetary system happening any time soon. Governments never give up power willingly, and the power to print money is the single greatest power they hold. I don't disagree with you on the governmental desire to coin money. However, the next monetary crisis, there will be no backstop. They will be powerless when the value of any currency they can manage trends toward zero.
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serveria.com
Legendary
Offline
Activity: 2352
Merit: 1189
Privacy Servers. Since 2009.
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August 17, 2019, 06:25:20 AM |
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7/10 nice but not perfect. I'm not into fitness girls and this girl seems to have done a lot of squats... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I prefer rounder, more feminine butts
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El duderino_
Legendary
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Activity: 2618
Merit: 12759
BTC + Crossfit, living life.
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August 17, 2019, 06:37:02 AM |
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Impossibru!
Could say that, but I do love to think that nothing is impossible ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10791
Self-Custody is a right. Say no to"Non-custodial"
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August 17, 2019, 06:45:17 AM |
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Fair enough point, but I still would be hesitant to put all my eggs in one basket, no matter what my age. Of course, if you are real young and barely just living on your own (moving out of the parent house or even living with parents and in the early stages of building your wealth), then in those cases, you usually do start with just investing in one thing while you are building your portfolio, and then you might start to expand out with the passage of time. If you only have one investment because you are just starting to invest, then probably in those kinds of circumstances, you might start out with bitcoin... perhaps? Those are somewhat individually tailored decisions concerning how diversified any person needs to be in terms of cash flow and projected expenses, too. It also depends on your income. I'm not 20 but still at the start of my career, without a good diploma, so not a great salary. Most of my savings go towards my company's stock, as it's making a matching contribution, it's a safe bet I can't overlook. I was in the stock market but sold everything as it became scary, two years later it has basically not moved (French stock market), so I just lost some dividends, but got peace of mind. Overall I'm 30% company stock, 30% cash, 40% BTC, with BTC's share quite volatile obviously. At current prices I couldn't even buy 1BTC/year so not really worth it, better keep cash and buy when it's lower. I want to put the company stock and some/most of the cash towards a home with a small mortgage on top, after that I might put more money towards BTC, but not even sure, I'd like some land, maybe a bit of forest. You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, and yeah, I agree that we should not be making the bulk of our investment decisions and/or allocations based on such unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there, such as roach and like-thinking acolytes of similar dumbass mindsets)
In that case you also need physical gold, stashed at home. An ETF or whatever is useless. Stashing at home has its own downsides. Well, each of us has to make a choice. I know that I invested into a 401k plan that had employer matching, for well over 15 years, and I would max out that 401k plan to the tax deductible limit. However I did not know about BTC druing that time, so I am not really what would have happened in those pre-2014 days. So, yeah, currently, if I was building my investments, I probably would maximize at least the matching portion of the fund first, and then consider whether I should maximize the tax deductible portion before allocating to BTC. People might decide differently, but there is a certain level of attractiveness and even convenience to have a decent amount of your investment funds under one roof. Regarding Armageddon, I am still suggesting that guys gotta be fucking super careful regarding how much credence that they are giving to Armageddon scenarios that are likely in the less than 1% likelihood and h9ow much of their value are they investing into such a low likely scenario. Do the fuck what you like, ultimately, but it is also good to attempt to grapple with the probabilities and don't be fucking investing way the fuck higher than the probabilities that you even assign to such events. Yeah, if you happen to be an Armageddon nutjob then you are going to assign higher values to that so there is ONLY so much that normal people can talk the dumb out of dumb, so do the fuck what you like if you are assigning higher probabilities to such situations.
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jojo69
Legendary
Online
Activity: 3276
Merit: 4522
diamond-handed zealot
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August 17, 2019, 06:50:31 AM |
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...not into fitness girls...
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10791
Self-Custody is a right. Say no to"Non-custodial"
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August 17, 2019, 06:59:07 AM |
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10791
Self-Custody is a right. Say no to"Non-custodial"
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August 17, 2019, 07:05:33 AM |
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Its strangely quiet around here. JJG took a day off ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids. Can you imagine that JJG is an alter ego of our poor scrochie? This could be a real conspiracy theory. Yeah, but it is dumb as fuck, with nearly pure fantasy. Get a grip, degxtra1. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10791
Self-Custody is a right. Say no to"Non-custodial"
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August 17, 2019, 07:12:04 AM |
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I've never sodl a single satoshi since the day I've started accumulating in 2016.
Cryptotourist's other points are also true.
Don't like me just because I make moon predictions. I only tell what I (can) see ahead of us.
I was calling 3k (theymos did too), last year when we were going down.
Anyway just ignore me if you don't like me.
First, it seems to be true that you have been a bit overly bearish and nearly cheering for the downside. Second, who gives any fucks if theymos also happened to be calling for $3k? That does not make calling for $3k correct or even reasonable. Third, in recent times, lambie also seems to have a bit of a hard-on for bearish framings, just like ivomm mentioned/highlighted.
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mindrust
Legendary
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Activity: 3360
Merit: 2499
Payment Gateway Allows Recurring Payments
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August 17, 2019, 07:18:11 AM |
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I don't understand how I am bearish with all the charts I've shared.
There isn't a single bearish chart I shared in the last 6 months at least.
All I said was "If it drops below that level I am a buyer but I think and want it to go up." Corrections will happen just like it happened before. They may be big or small but they do happen and every once in a while they create a good buying opportunity especially in bull markets. Like it or not, they do happen.
I couldn't believe it when serveria called me a bear and now there are 3 of you guys.
I think you need to read my posts more carefully. I don't know how many times I repeated that we are in a bull market I am not going to quote those posts because at this point I am starting to think that I am being trolled.
P.S. Leave lambie alone.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10791
Self-Custody is a right. Say no to"Non-custodial"
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August 17, 2019, 07:27:28 AM |
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Finally, my deposit of $300 arrived at the exchange. Unlike some others, I enjoy market buys no matter the price. After 2 weeks I will buy with another $800. I will sell them when I make a 10% profit.... Just kidding of course. Anything under 1000% profit is out of consideration for me.
And all goes to my HW. Although some of the investors trade with a portion like 10%, I refuse to trade. The reasons are multiple - not your keys not your coins, hazards of the market and last but not least, every selling damages the ecosystem. Imagine if all investors decide to sell 10% of their stash after each small increase on 3-4 exchanges. That's around 1.8 mil coins (or a "bit" less if we count the lost coins)! So, for me such bahaviour is irresponsible and holding back the growth of the price. Thanks God not everyone is like that.
I would not be knocking shaving off strategies, because such shaving off strategies can be completely prudent, especially if a portfolio is considerably in profits and if a person's accumulation goal is achieved or even greatly exceeded. Of course, if you are still in a largely accumulation stage, then you are going to be questioning other strategies, especially if you are having difficulties relating to their being in a different stage than you. By the way, bitcoin has made me rich as fuck, and pretty much I can shave off 1% of the value of my BTC for every 10% rise in BTC into perpetuity, and it really is not going to end up eating into the value of my BTC holdings in any kind of meaningful way, it just gives me way fucking more fiat to spend on whatever the fuck I want., if I so choose.
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