El duderino_
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Activity: 2646
Merit: 12974
BTC + Crossfit, living life.
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September 03, 2020, 04:57:22 PM |
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the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s
A lot of Bitcoin luminaries have lost A LOT of credibility over the past couple weeks, as far as the Twittersphere is concerned, over INX. This is a good thing. Kill your heroes. EDIT: Also, I'm starting to get the fear. Bigly. Fear of BTC crashing, or fear of a flippening? Fear?? Hmmmm No silly talk on the WO please
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goldkingcoiner
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Activity: 2184
Merit: 1933
Verified Bitcoin Hodler
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September 03, 2020, 05:05:55 PM |
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Anyone who has not gotten enough BTC: This looks like a good place to buy. Retesting of the $10k/BTC support might not stay around for long. Do your own research.
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Leviathan.007
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September 03, 2020, 05:13:22 PM |
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Fear?? Hmmmm
No silly talk on the WO please
This fear infofront talking about makes some people fomo sell bitcoin and make better opportunity for the buyers Bitcoin already passed many bad and good days the last bad one happened on 12th march and I saw a few silly people saying bitcoin is going to be 100$ or even less, but look at the price now. The 12th march was a great day for people who bought one bitcoin at 4K in 2020. By the way my, new technical analyze is ready on my tread. I'll quote here. BTC/USDT 4H Since I had some personal issues please accept my apologies for the delay. The selling pressure is very high right now. I expect the price to fall down to the 10520 and then be rejected slightly higher. As long as the daily candlestick does not close below the range of 11400 the targets are 13000 and 13800. If the price comes below 14000 and stabilizes, we can have a the downtrend situation for bitcoin to 9800 and 8200. Also, There CME gap around 9600, where Bitcoin is usually interested in filling the gap with sharp movements. So we wait for the reaction to the support line 10400 to determine the mid-term movement of bitcoin.
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JimboToronto
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Activity: 4144
Merit: 4786
You're never too old to think young.
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September 03, 2020, 05:39:52 PM |
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A good old weekend pump could be on the table Hope so, else all the nice growth from the last month went down the drain. Nice growth from last month? The nice growth happened in July not August. August was sideways. September has seen prices dip.
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xhomerx10
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Activity: 3976
Merit: 8655
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September 03, 2020, 05:42:00 PM |
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Anyone who has not gotten enough BTC: This looks like a good place to buy. Retesting of the $10k/BTC support might not stay around for long. Do your own research.
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d_eddie
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Activity: 2632
Merit: 3461
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September 03, 2020, 05:43:14 PM |
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Stonks taking a plunge Where's the decorrelation? Corn also dipping
#haiku
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Toxic2040
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Activity: 1792
Merit: 4141
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September 03, 2020, 06:02:00 PM |
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Toxic2040
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Activity: 1792
Merit: 4141
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September 03, 2020, 06:49:17 PM |
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in other news 150m hop completed by SN6 keep in mind that thing is 9m across and 30m high
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bitebits
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Activity: 2242
Merit: 3524
Flippin' burgers since 1163.
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September 03, 2020, 07:26:01 PM |
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do I get this Breedlove guy right? he says that the only thing that is really scarce in our live is the time we are on this planet. the only other real scarce thing on earth is bitcoin. he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time. what would a central banker answer? "your life evaporates through your fingers while you try getting a grip on it. why not get paid in something that evaporates in the same manner? it keeps you running" https://poddtoppen.se/podcast/1359544516/bitcoin-audible-previously-the-cryptoconomy/masters-slaves-of-money-by-robert-breedlovegot me thinking... The Time vs. Money Dilemma, my friend. I am about to share something I found worth reading even if I do not necessarily agree with everything that's written inside. You might find it useful https://jamesclear.com/value-of-timeI don’t like the lengthy article because it is based on a wrong assumption: If you know your [working] time is worth $60 per hour, then you should always pay $49 for shipping [a new $19 bag] instead of spending one hour shopping at the store. Most people can’t (easily) put in an extra hour of work and get paid for it. So your time is worth way less: a week has seven days of 24 hours each. Making financial decisions as proposed in the article makes you poor very quickly. And of course the real answer to the writers ‘dilemma’ is not buying the stupid new bag in the first place, or when really needed get a different one in a local shop without the relatively insane shipping fee. Fiat is not money, but we are learnt at a very young age it is. It is designed to keep you spinning the hamster wheel. Fortunately Bitcoin gave us an exit.
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OutOfMemory
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Activity: 1680
Merit: 3338
Man who stares at charts (and stars, too...)
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September 03, 2020, 07:33:14 PM |
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Good eve, gents I got a bad gut feeling back then, when @Burger started a twitter poll if we gonna retest $10.5k or not. This was within the last two weeks.
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Vectra
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Activity: 345
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September 03, 2020, 07:43:46 PM |
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A good old weekend pump could be on the table Hope so, else all the nice growth from the last month went down the drain. As long as we don't break 10.5k it was healthy pullback and we can build on it. If we do break it though, it might get nasty. Hopefully we won't break it down, I feel it's too early for that now. No more V bottoms though, some of power is lost.
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cAPSLOCK
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Activity: 3766
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Whimsical Pants
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September 03, 2020, 07:50:19 PM |
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the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s
A lot of Bitcoin luminaries have lost A LOT of credibility over the past couple weeks, as far as the Twittersphere is concerned, over INX. This is a good thing. Kill your heroes. EDIT: Also, I'm starting to get the fear. Bigly. Could not agree more. Even blockstream has taken a good dent over this. I am glad. The "Bitcoin Community" is something bitcoin will also have to defeat eventually.
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serveria.com
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Activity: 2380
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Privacy Servers. Since 2009.
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September 03, 2020, 08:05:01 PM |
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the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s
A lot of Bitcoin luminaries have lost A LOT of credibility over the past couple weeks, as far as the Twittersphere is concerned, over INX. This is a good thing. Kill your heroes. EDIT: Also, I'm starting to get the fear. Bigly. Fear? I have no idea what fear is...
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HI-TEC99
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Activity: 2772
Merit: 2846
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September 03, 2020, 08:54:44 PM |
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A good old weekend pump could be on the table Hope so, else all the nice growth from the last month went down the drain. As long as we don't break 10.5k it was healthy pullback and we can build on it. If we do break it though, it might get nasty. Hopefully we won't break it down, I feel it's too early for that now. No more V bottoms though, some of power is lost. We spent months range bound between $8k and $10k before moving upwards. Maybe we will be bouncing between $10k and $12k for a while.
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bkbirge
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September 03, 2020, 08:58:37 PM |
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I mean, this is why we are supposed to have dry powder at the ready, right? Or if you are already all in then just stay away from the daily discussions and hand wringing.
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Torque
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Activity: 3696
Merit: 5277
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September 03, 2020, 09:04:25 PM |
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Stonks taking a plunge Where's the decorrelation? Corn also dipping
#haiku
Tesla now down ~18% from the peak, lol. Look out below..
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philipma1957
Legendary
Online
Activity: 4256
Merit: 8604
'The right to privacy matters'
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September 03, 2020, 09:07:24 PM |
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So thursday
Dow is down -2.78% Nasdaq is down -4.96% S+P is down -3.51%
AND BTC is down -5.16% out doing ETH BCH LTC
and gold is down close to -5%
So pretty much a terrible thursday
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strawbs
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Activity: 868
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September 03, 2020, 09:12:18 PM |
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Just....zoom....out
The 6 month chart looks pretty sweet
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OutOfMemory
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Activity: 1680
Merit: 3338
Man who stares at charts (and stars, too...)
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September 03, 2020, 09:12:36 PM Last edit: September 03, 2020, 09:23:08 PM by OutOfMemory |
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A good old weekend pump could be on the table Hope so, else all the nice growth from the last month went down the drain. As long as we don't break 10.5k it was healthy pullback and we can build on it. If we do break it though, it might get nasty. Hopefully we won't break it down, I feel it's too early for that now. No more V bottoms though, some of power is lost. We spent months range bound between $8k and $10k before moving upwards. Maybe we will be bouncing between $10k and $12k for a while. That's it. I'm also not going to whine about range chopping unless we stay above $10k, i have limited Fiat for buying, so i'd be happy about (relatively) cheap sats. I'm not in for the quick money. While big dumps are shocking (or rather impressing?) me as well, like the $6k and $4k drops of the last bear market, i wouldn't even think about pulling off a mindrust maneuver. I would dump some of my stash anytime, if i really need some cash that i can't get in other ways, but that's a different thing. If this will be the case some day, i'd always compare my liquidation price to the price of the first buys of the same amount in Bitcoin. So if the price went down 20% beforehand, i'd always think like "hey, i made several hundred percent in fiat".
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