HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 27, 2019, 03:35:55 AM |
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я дyмaю тaк и бyдeт
cдeлaть eгo |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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September 27, 2019, 04:18:22 AM |
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2) for the sake of argument, let's assume that there is some kind of problem with bitcoin, ... a very long shot, maybe in the less than 1% region,
So all that _really_ separates our positions is a relative likelihood. One of my weak spots is never say never, especially when it comes to predictions, but I suppose you have caused me to breach my own principles a few times with your ongoing nonsensical assertions. 3) what you are really hoping is that your bags pump....
Sorta. Not really. I am expecting that the strategic flaw within the Core philosophy will surface as soon as the next FOMO happens. Such FOMO will expose the folly of strangling tx capacity with a centrally-planned production quota thereupon. This strangulation will result in Blockalypse II, with another drastic drop in market cap dominance. Those wanting to use Bitcoin, but unable to due to long waits even with huge tx fees, will reevaluate the choices in front of them. At which point the obvious set of choices would be the other Bitcoins. Until then, I expect BTC will do relatively well in the marketplace. Upon Blockalypse II, I expect a massive move from BTC to BCH and/or BSV. When FOMO? I can't predict. But I'm positioned to benefit. Oh gawd.  Your description of your expectations is not really out of line with what I expected you to say. There are a lot of presumptions built into that, but likely your BTC holdings (profits) are sponsoring (or would the word be "enabling") you to engage in such seemingly preposterous pie in the sky speculations about a possible future that has quite less than 1% likelihood of happening. Part of the problem remains that you are likely putting way more than 1% of a hedge into such a fantasy scenario because you are giving such scenario way higher odds, maybe even greater than 50% (no you are not that dumb, maybe 30%.. but still.. even that is high).. By the way, I bet that you are giving quite less than 50% odds to your pie in the sky bcash hedging scenario, even though you are talking about your pie in the sky bcash hedging outcome as if the odds were greater than 50%. Don't you consider that representation from you to be a bit misleading? |
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Hueristic
Legendary
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Activity: 3794
Merit: 4861
Doomed to see the future and unable to prevent it
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September 27, 2019, 04:20:53 AM |
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Shit, why did binance have to open a futures market...must resist.
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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September 27, 2019, 04:30:27 AM |
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how dat bottom lookin now?
You know posters are a bit disingenuous when they start revelling in bottoms... as a kind of poking... Goes to show that they likely don't have too many coins... to get so excited about the pains of HODLers. |
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jojo69
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Activity: 3150
Merit: 4303
diamond-handed zealot
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September 27, 2019, 04:37:18 AM |
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Greta Thunberg sings Swedish Death Metal https://youtu.be/CLxpgRqxtEA |
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nanobtc
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September 27, 2019, 04:54:44 AM |
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I think Schlitzie was a guy.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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September 27, 2019, 04:58:35 AM |
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Anyone has any wild guess at which price the real support might be at?
7200-7450 is major support zone (vwap, fib, cme gap, htf support). If this breaks we are officially rekt. Edit: Btw. Personally I believe 7k's is the bottom and thus long now. On htf we can also see a hidden bullish divergence forming. I suspect we'll see a spike below, just to freak us out. |
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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September 27, 2019, 05:01:52 AM
Last edit: September 27, 2019, 05:17:08 AM by VB1001 |
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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September 27, 2019, 05:20:29 AM |
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mersal
Member
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Activity: 1204
Merit: 38
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September 27, 2019, 05:29:26 AM |
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ICOs only concentrate on the promotions then only they can make millions but they have no worries even if it is failed because they are paying people with their shit tokens only.  |
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DaRude
Legendary
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Activity: 2758
Merit: 1768
In order to dump coins one must have coins
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September 27, 2019, 05:38:08 AM |
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Awesome but too early, not the attention we need right now. |
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DaRude
Legendary
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Activity: 2758
Merit: 1768
In order to dump coins one must have coins
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September 27, 2019, 05:38:32 AM |
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El duderino_
Legendary
 Online
Activity: 2492
Merit: 11960
BTC + Crossfit, living life.
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September 27, 2019, 05:56:36 AM |
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I know it sounds impossible. But any chance to see 1-2k?? I have cash lying around and I seriously would go all in on these levels.
That would be dumb to wait for that price level. Not even after 30 years, I guess. I think by this time, it will hit again below $5,000... If it strikes the $7,000 during 1st week of October then the possibility of having a Pump will be a slight crucial. The much possibility is it will go down deeper. So, gonna stick with $5,000 and expect nothing more. Lets hope the weekend-bull appears to kick off October as it should be kicked off
Yeah, you wish 😂 You wrong, below 5K = you wish... |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11960
BTC + Crossfit, living life.
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September 27, 2019, 05:59:18 AM |
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Anyone has any wild guess at which price the real support might be at?
7200-7450 is major support zone (vwap, fib, cme gap, htf support). If this breaks we are officially rekt. Edit: Btw. Personally I believe 7k's is the bottom and thus long now. On htf we can also see a hidden bullish divergence forming. I suspect we'll see a spike below, just to freak us out. I think the ones that would fear or get afraid by this..... they already are out |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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September 27, 2019, 06:10:24 AM |
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Anyone has any wild guess at which price the real support might be at?
7200-7450 is major support zone (vwap, fib, cme gap, htf support). If this breaks we are officially rekt. Edit: Btw. Personally I believe 7k's is the bottom and thus long now. On htf we can also see a hidden bullish divergence forming. I suspect we'll see a spike below, just to freak us out. I think the ones that would fear or get afraid by this..... they already are out Hehe... ok. I guess we're fine then. |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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September 27, 2019, 06:19:09 AM |
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had to log in to merit this gem. after all we are talking about shitcoins. don´t know if it possible to sum up shitcoinery in one meme in a better way. |
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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September 27, 2019, 07:06:36 AM |
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had to log in to merit this gem. after all we are talking about shitcoins. don´t know if it possible to sum up shitcoinery in one meme in a better way. Lol the 'Sharding' of Ethereum - such a DAO |
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nikauforest
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September 27, 2019, 07:46:53 AM |
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Daily RSI is at 20.
The only time we have been this low in the last couple of years was when we bottomed at $3.1k.
Time to bounce
Yes ...but the weekly RSI is still relatively high and falling. |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 27, 2019, 08:15:05 AM |
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I disagree on your interpretation of “relatively high”. Weekly RSI is about 45 and falling. Historically the only time we get under 45 Weekly RSI is during the significant bottoming events in January 2015 and December 2018. I would say 45 Weekly RSI is “relatively low”. To get much further down you have to assume a capitulation event. We already had our capitulation this cycle. Am not convinced we need a second one this cycle. During the 2013 first crash we never got below 48 Weekly RSI.  |
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~Money~
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September 27, 2019, 08:25:32 AM |
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i dont think we will face another 2018 movement, but if for any reason, like manipulating hashrate, news stream or any other piece of news weird news about crypto comes out, we will see real problem like 2015 and won't come out until we get a real volume on trades
personally dont think that happen, and we may get a pull back around 7k which May lead to a new ATH for the king
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