Toxic2040
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Activity: 1792
Merit: 4141
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March 19, 2020, 08:07:30 PM |
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4h D ----- I expect quite a bit of volatility now, as the 'pro' traders try and edge back into the deep end. #cleanhands2020
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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March 19, 2020, 08:12:34 PM |
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#socialdistancing I haven’t intubated anyone in 20 years. I’m just a country psychiatrist. I’m scared shitless. https://imgur.com/gallery/XAUxZnj#stayhome
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Raja_MBZ
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Activity: 1862
Merit: 1505
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March 19, 2020, 08:13:53 PM Merited by JayJuanGee (1) |
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What if it goes down to $1k like Peter Brandt says. I can't take that. I decided that carrying that much wealth in btc is not good my mental health. It is far too volatile. I have no idea where to park my money though. USD is doing a super nova. EUR is going down as it should. Gold is not practical. BTC has a Tether issue. (and far too volatile) No idea. Mind, I hope you wouldn't mind, but I seriously wasn't expecting this level of (bitcoin) confusion at this point of the global financial crisis from someone who has remained uber bullish on BTC in the past. I remember that our thoughts in the past remained quite similar whenever we talked about BTC.D/Alt-season, but this time, Nah, I'm sorry. This is the time for which bitcoin was made for. This is the time for bitcoin to prove itself, and I'm sure that bitcoin WILL prove itself. Stock markets crashing, stock exchanges halting, oil falling, global chaos at an ATH, governments playing with the health of people by not going for the complete lockdown just for the sake of a couple of days' economy run, etc., what else does bitcoin need? I've never felt more confident in bitcoin than today. In the next few days, we're probably gonna stick in the range ($5800~$6300), IMO, get some BTC when we correct a bit. P.S. I hope no one would buy the trash talk of Trump. This virus WILL continue its destruction (on a log scale) for the coming months. Trying out the Malaria drug is arguably the very first thing anyone would do if the disease's symptoms are so similar to Malaria. Anyone who thinks that Italy, Iran, China, Korea, etc., wouldn't have tried out the Malaria drug till now is simply stupid. Trump is a crying baby trying to save his toy (stabilize the Dow), and he can go to any extent to save it, which obviously includes plain ol' "lying".
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DireWolfM14
Copper Member
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Activity: 2296
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Join the world-leading crypto sportsbook NOW!
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March 19, 2020, 08:16:39 PM |
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Who let the 14-year-old quora reject post here?
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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March 19, 2020, 08:20:51 PM |
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Who's that? The nullster? He's not too bad. Is he? Apart from rabbiting on. And on.
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Biodom
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March 19, 2020, 08:22:47 PM Last edit: March 19, 2020, 08:36:30 PM by Biodom Merited by LFC_Bitcoin (1) |
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Everybody is too fast on uptake for both up and down. I am fine holding, but having some cash does not hurt. Those who say, buy 50% bitcoin, 50% stocks might be too early. BTW, @LFC, FTSE 100 is at the 1998 level. 22 year returns are effectively ZERO, however, maybe a bargain now or soon. Some predict the same for SP500-either going back to year 2000 levels (SP500 at 1400-1600) or, maybe no returns from here for the next 10-12 years.
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AlcoHoDL
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Activity: 2520
Merit: 4630
Addicted to HoDLing!
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March 19, 2020, 08:25:38 PM |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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March 19, 2020, 08:29:41 PM |
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goldkingcoiner
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Activity: 2198
Merit: 1933
Verified Bitcoin Hodler
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March 19, 2020, 08:32:44 PM |
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Whats with all these disgusting no-hatters on our WO thre- oh. A pump. I see.
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Ibian
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Activity: 2268
Merit: 1278
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March 19, 2020, 08:36:37 PM |
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Who's that? The nullster? He's not too bad. Is he? Apart from rabbiting on. And on.
Worse than wordy man.
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Raja_MBZ
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Activity: 1862
Merit: 1505
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julian071
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Well, it took some time but finally the money from my 'debt restructuring' plan I made about a month ago came in. I actually stuck to the plan I had made a month ago and bought at whatever price BTC had at that moment. And for the very first time ever, the price didn't immediately tank after I bought! I think I broke the spell!
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Febo
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March 19, 2020, 09:02:05 PM |
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The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'The European Central Bank (ECB) has unveiled a new €750 billion ($820 billion) response to the coronavirus in a bid to calm financial markets. The so-called Pandemic Emergency Purchase Programme (PEPP) comes less than a week after the central bank announced policies which did little to provide comfort to traders. It follows similar plans by the Federal Reserve and numerous major economies to stem the damage from Covid-19. https://markets.businessinsider.com/news/stocks/coronavirus-lagarde-announces-ecb-pandemic-fund-to-calm-markets-2020-3-1029011851People would be happy if the money was distributed to families. $1.5T in Repo $1.1T Commercial paper relief $1T in US fiscal stimulus $750B QE from ECB $600B QE from the Fed $600B bank loan guarantee (France/UK) $500B in loans (Germany) $300B in Japanese stimulus (proposed) $100B in fiscal stimulus across Europe Craziest week ever!
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JayJuanGee
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Activity: 3864
Merit: 10900
Self-Custody is a right. Say no to"Non-custodial"
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March 19, 2020, 09:13:07 PM |
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Who's that? The nullster? He's not too bad. Is he? Apart from rabbiting on. And on.
Worse than wordy man. Not possible. Well, it took some time but finally the money from my 'debt restructuring' plan I made about a month ago came in. I actually stuck to the plan I had made a month ago and bought at whatever price BTC had at that moment. And for the very first time ever, the price didn't immediately tank after I bought! I think I broke the spell!
Did you at least get in at sub $6k?
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julian071
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March 19, 2020, 09:17:16 PM |
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Well, it took some time but finally the money from my 'debt restructuring' plan I made about a month ago came in. I actually stuck to the plan I had made a month ago and bought at whatever price BTC had at that moment. And for the very first time ever, the price didn't immediately tank after I bought! I think I broke the spell!
Did you at least get in at sub $6k? 5.783,47
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BitcoinGirl.Club
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Activity: 2912
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Bitcoingirl 2 is downloading 💓
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March 19, 2020, 09:20:26 PM |
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I talk bullish shit all the time. I'm a hardcore permabull There was a game from Bitcasino to predict the bitcoin price in Euro. Did you see how the guy who picked the lowest won the price. All of us thought the guy was crazy at least I did LOL
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AlcoHoDL
Legendary
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Activity: 2520
Merit: 4630
Addicted to HoDLing!
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March 19, 2020, 09:31:09 PM |
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Guys 'n' gals, I just can't believe what I'm reading...
The Halving is coming in May!
Let me say that again: The Halving is coming in 54 days!
Who, in their right mind, would sell any amount of Bitcoin at this time? (*) To sell any amount of hard earned coins now is equivalent to admitting that you do not understand how Bitcoin works and/or you do not realise its significance and potential as a monetary instrument. We're talking about the Internet of the 80s. Travel back in time and think what you would do then if you knew what you know now about the Internet...
The reason I bought my first 0.5 BTC (and several more soon after) in 2015 was to own Bitcoin before the 2016 Halving, because I knew that it would rise significantly because of it. It was right there in the algorithm, right in front of me. It was talking to me. Something that's not possible in the stock market. And boy did it rise! Much more than I had anticipated.
Most of us are in this scene long enough to have lived through at least one Halving. I cannot accept that anyone who's been through such experience would sell any amount of BTC now, unless it's part of a carefully laid out trading plan to take advantage of the volatility, and even then I would be very cautious.
For me, the safest bet now is to 1) HoDL, 2) Buy if you can, 3) Wait it out.
In December of 2020 we'll be dreaming of the long-gone 4-digit times when we could buy so cheaply... Well, that time is NOW!
(*) mindrust, no disrespect to you, I know the feeling, nearly panic sold at the beginning of 2017 because of a big dip then, but Kraken saved me by failing to execute my order due to their servers being slower than a ZX Spectrum 48K running Windows Vista. Listen to what the other WOs are saying. Try to buy back now, even if it means owning less BTC than before. It's a shitty feeling, I know, but you can't begin to imagine how shitty you will feel in December 2020 if you don't get in now. No amount of TP will be able to save you then. It's a shitty deal, I know, but act wisely, take it like a man and get in now.
-----
Open your eyes fools! Stack satoshis while you can. 54 days left...
#haiku
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Cryptotourist
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March 19, 2020, 09:42:00 PM |
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I've been thinking about mindrust. #nohomo
What is extraordinary (nutildah mentioned it first), is his sincerity about the incident. Should that had not been so, we wouldn't have known - and/or whatever.
It is important to pause, and take the lesson here. The shake down of a weak (in retrospect) over-invested bull, realizing a capital loss - but most importantly abandoning all hope and position, is not to be taken lightly.
Question: If BTC goes to $2k, will you buy 20 coins or not? I'm guessing a solid no.
I will not rub it in your face any more. Hopefully you will do what is best for you. Oh, and $50 per month, won't fucking cut it.
For one, thank you for sharing.
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fillippone
Legendary
Online
Activity: 2310
Merit: 16471
Fully fledged Merit Cycler - Golden Feather 22-23
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March 19, 2020, 09:47:13 PM |
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The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'The European Central Bank (ECB) has unveiled a new €750 billion ($820 billion) response to the coronavirus in a bid to calm financial markets. The so-called Pandemic Emergency Purchase Programme (PEPP) comes less than a week after the central bank announced policies which did little to provide comfort to traders. It follows similar plans by the Federal Reserve and numerous major economies to stem the damage from Covid-19. https://markets.businessinsider.com/news/stocks/coronavirus-lagarde-announces-ecb-pandemic-fund-to-calm-markets-2020-3-1029011851People would be happy if the money was distributed to families. $1.5T in Repo $1.1T Commercial paper relief $1T in US fiscal stimulus $750B QE from ECB $600B QE from the Fed $600B bank loan guarantee (France/UK) $500B in loans (Germany) $300B in Japanese stimulus (proposed) $100B in fiscal stimulus across Europe Craziest week ever! Dear diary: what have I one today? - I stayed put inside my quarantine in Covid- Land
- I progressed in my online Pyton Course
- I ate a full box of trofie al pesto (complete of potatoes and green beans)
- I posted a little on bitcointalk.org
- I used my thread 5 Resources to teach Average Joe about Bitcoin and the facts reported above to finally get a friend of mine to fund his account on Stamp and buy some Bitcoins.
It was a good day, after all.
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