JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 17, 2020, 07:01:30 PM |
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JayJuanGoyim, physical metals never stopped being the base of the economic system. Even Max Keiser the #1 Bitcoin shill admits it. All that really happened is some people were fooled into accepting imaginary coupons, timestamps, or paper for payment instead of metals. It's just a situation where anyone holding things like paper or timestamps is swimming naked and think they have money but they have nothing and are walking dead broke. 'Swimming naked' works for a while until it doesn't.
Get a grip, Roach. You believe that bitcoiners agree on everything, even if they bitcoin maximalists or shills for bitcoin or whatever other kind of bitcoiner that you want to call them. I will admit that there are a lot of entrenched systems built around various physical metals, but that does not mean that those systems are going to continue uninterrupted... You even understand bitcoin? Bitcoin is a BIG ASS disrupter of various traditional systems, including various pms like gold, silver or any of the others that you proclaim to have had historical value.... Bitcoin improves upon all of them... Yeah, those various PMs are still going to be used and valued for industrial uses, but that does not mean that they are going to be able to come even close to holding their value in comparison to king daddy.... Get it into your little insect noggin or I will have to bring out batman... not even sure if batman can help a seemingly ongoing lost case like you though...
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Biodom
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Activity: 3892
Merit: 4332
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January 17, 2020, 07:13:20 PM |
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I have a dream, that the next time we cross $9,000, it will be the last time we ever see Vegeta memes.
I like Vegeta memes. But I'm with you on this one. I want moon memes. I’m looking forward to when we break the ATH. The memes, excitement & joy here will be great to see. It’s going to be biblical. This thread will be part of bitcoin’s history. We’re like characters in the Bible, people will speak of our usernames in the distant future in such case, people should not change their usernames on a whim
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gentlemand
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Welt Am Draht
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January 17, 2020, 07:35:15 PM Merited by P_Shep (2), Biodom (1) |
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marcus_of_augustus
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Merit: 2349
Eadem mutata resurgo
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January 17, 2020, 07:45:10 PM |
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... pretty weak sauce vegeta this time around I thought.
When $9000?
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bitebits
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Flippin' burgers since 1163.
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January 17, 2020, 07:46:42 PM |
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Edit: By the way my sub $9k incremental sell orders just filled, next ones at $9,200-ish.... easy peasy... little by little.. sell, sell, sell as the price goes up, but only a little. That's the mindless system that always attempts to stay ahead of the price moves... The price comes to your sell/buy orders, you do not go to the price.. It's making money in your sleep (kind of), as long as the underlying asset ultimately goes up..
Mines too. Now putting some buy orders at around $8.5-8.6K for the same amount. Same as you, this has nothing to do with where I do think the price is going next. Scalping needs no feelings. It only needs some (almost unpredictible) sideways volatility. Yep.. in these order settings, we are attempting to take advantage of BTC's almost inevitable short-term volatility like unemotional bots in regards to setting our orders.. [...] By the way, when i started doing this, at $250-ish [...] Hey JJG, serious question. Could you give some insights in this obviously well thought through strategy you are having? And have extensively shared numerous times? As well for the potential new people entering because of the recent positive price action. What percentage if your bitcoin holdings, perhaps calculated into today's fiat value, did you lose because of having your bitcoins on an exchange or hot wallet (exchange hacks, sim swaps, etc) versusYour gains applying this strategy?
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El duderino_
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Merit: 12954
BTC + Crossfit, living life.
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January 17, 2020, 08:19:27 PM |
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I have a dream, that the next time we cross $9,000, it will be the last time we ever see Vegeta memes.
I like Vegeta memes. But I'm with you on this one. I want moon memes. Boy, where are you from..... we first need a strong bulked up Vegeta to support our moon base!!!
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skysblu
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_Bitcoin Africa_
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January 17, 2020, 08:33:28 PM |
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Apparently there's 2.1 BTC hidden in this picture: Source Don't forget about me whoever finds it
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fillippone
Legendary
Online
Activity: 2296
Merit: 16439
Fully fledged Merit Cycler - Golden Feather 22-23
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Another hit from PlanB! Very interesting. And answering one of the most common question: why Bitcoin is still at Vegeta level if it is going to be worth in the million in a few years? Efficient Market Hypothesis and Bitcoin Stock-to-Flow Model Bitcoin Stock-to-Flow (S2F) model was published in March 2019 [1]. The model has been well received by bitcoiners and investors. Many analysts have verified the cointegrated S2F model and confirmed bitcoin price predictions [2][3][4]. The S2F model also received critique. The best steel man argument against the model comes from the Efficient Market Hypothesis (EMH). The argument states that the model is based on publicly available information (S2F, bitcoin's supply trajectory) and therefore the analysis and conclusion must be already priced in. In this article I share my point of view on S2F model and EMH. I analyze arbitrage opportunities, risk & return model and derivatives markets.
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JayJuanGee
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Merit: 10877
Self-Custody is a right. Say no to"Non-custodial"
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January 17, 2020, 09:31:15 PM |
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New bitwise survey. It's nice to see that less people think it's a bubble or a scam, but at the same time more people want regulation which essentially is kinda against idea of bitcoin, like what the hell... SourceMy biggest problem with that question and the other questions in the theory is trying to understand what the fuck is "cryptocurrencies" - both in the eyes of the surveyors and also in the eyes of the persons answering the survey questions. Still get some ideas from their answers, but still way the fuck incomplete information because of failures/refusals to make meaningful attempts to clarify what they are asking about, exactly.
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Hueristic
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Doomed to see the future and unable to prevent it
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January 17, 2020, 09:32:28 PM |
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Is someone trying to launder money with ZCash or what?!?
Imagine how disappointed they'll be when they figure that they neither have privacy nor their money anymore lol Well shit I owe you a merit for this.
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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Another hit from PlanB! Very interesting. And answering one of the most common question: why Bitcoin is still at Vegeta level if it is going to be worth in the million in a few years? Efficient Market Hypothesis and Bitcoin Stock-to-Flow Model Bitcoin Stock-to-Flow (S2F) model was published in March 2019 [1]. The model has been well received by bitcoiners and investors. Many analysts have verified the cointegrated S2F model and confirmed bitcoin price predictions [2][3][4]. The S2F model also received critique. The best steel man argument against the model comes from the Efficient Market Hypothesis (EMH). The argument states that the model is based on publicly available information (S2F, bitcoin's supply trajectory) and therefore the analysis and conclusion must be already priced in. In this article I share my point of view on S2F model and EMH. I analyze arbitrage opportunities, risk & return model and derivatives markets.
This part is one of the best in my opinion on how the market moves. Bitcoin options and futures markets do not expect rising prices at or after next halving. It is possible that markets still overestimate future risks. Source: https://medium.com/@100trillionUSD/efficient-market-hypothesis-and-bitcoin-stock-to-flow-model-db17f40e6107A great analysis.
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Biodom
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January 17, 2020, 09:36:12 PM Last edit: January 17, 2020, 09:46:58 PM by Biodom |
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Another hit from PlanB! Very interesting. And answering one of the most common question: why Bitcoin is still at Vegeta level if it is going to be worth in the million in a few years? Efficient Market Hypothesis and Bitcoin Stock-to-Flow Model Bitcoin Stock-to-Flow (S2F) model was published in March 2019 [1]. The model has been well received by bitcoiners and investors. Many analysts have verified the cointegrated S2F model and confirmed bitcoin price predictions [2][3][4]. The S2F model also received critique. The best steel man argument against the model comes from the Efficient Market Hypothesis (EMH). The argument states that the model is based on publicly available information (S2F, bitcoin's supply trajectory) and therefore the analysis and conclusion must be already priced in. In this article I share my point of view on S2F model and EMH. I analyze arbitrage opportunities, risk & return model and derivatives markets.
Are you guys following him on twitter? I literally was checking his account a couple of min ago and it was not there yet. Interesting point about mispricing due to high perceived risk. Steel man argument is the opposite of strawman, but it is the first time I saw this expression.
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Hueristic
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Activity: 3948
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Doomed to see the future and unable to prevent it
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January 17, 2020, 09:41:01 PM |
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Apparently there's 2.1 BTC hidden in this picture: Source Don't forget about me whoever finds it I saw ETH and XRP and eyes glazed over. fuck that shit.
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Biodom
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January 17, 2020, 10:00:07 PM |
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Apparently there's 2.1 BTC hidden in this picture: Source Don't forget about me whoever finds it I saw ETH and XRP and eyes glazed over. fuck that shit. Dude, this is a puzzle (with imaginary Satoshi face) to get 2.1 BTC, who gives what words are there?
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JayJuanGee
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Activity: 3850
Merit: 10877
Self-Custody is a right. Say no to"Non-custodial"
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January 17, 2020, 10:01:46 PM |
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I have a dream, that the next time we cross $9,000, it will be the last time we ever see Vegeta memes.
I still expect a flash dip under $9K (which could go as low as $8K but most probably only to 8.5K-8.8K) when we go attack (and fail) $10K for the first time this year. But, if everything goes well, THAT will be the last time. The more we retest all these levels setting solid higher lows, the better in the long run. You are surely turning into a bit of an optimist.
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bitserve
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Self made HODLER ✓
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January 17, 2020, 10:13:40 PM |
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I have a dream, that the next time we cross $9,000, it will be the last time we ever see Vegeta memes.
I still expect a flash dip under $9K (which could go as low as $8K but most probably only to 8.5K-8.8K) when we go attack (and fail) $10K for the first time this year. But, if everything goes well, THAT will be the last time. The more we retest all these levels setting solid higher lows, the better in the long run. You are surely turning into a bit of an optimist. Ok, guilty as charged. I forgot to say that is my most optimist (yet reasonable) scenario. Ie: In case Bitcoin were straight to test $10K during the next couple of weeks. P.S.: At least I am not a completely delusional fool like this one: https://beincrypto.com/bitcoin-will-reach-400000-after-halving-history-dictates/
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vapourminer
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what is this "brake pedal" you speak of?
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January 17, 2020, 10:25:07 PM |
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Imagine how disappointed they'll be when they figure that they neither have privacy nor their money anymore lol
Well shit I owe you a merit for this. i gotcha
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exstasie
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kurious
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January 17, 2020, 10:30:30 PM |
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Brilliant, but it seems it sailed over most heads here... shame on 'em
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 17, 2020, 10:41:51 PM |
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Well, I had to cash out an entire bitcoin yesterday for expenses and such. This is why it's going over 9k.
Because the universe rotates around me, and the universe enjoys fucking with me :-)
So moon time! Every time I sell one that is one bitcoin I will never see again. Blah!
First sell yourself on the streets or something, if the juices or completely gone there.... then start selling corns Anyone who earns an income in bitcoin will have to sell some bitcoin. That is risk management 101. Each person needs to maintain balance, and lightfoot has previously described that periodically he receives some income in BTC.
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