ivomm
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All good things to those who wait
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June 18, 2021, 02:41:08 PM Last edit: June 18, 2021, 03:15:19 PM by ivomm Merited by JayJuanGee (1) |
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1% "crash" and $55m longs liquidated (I guess the max 100x leverage is to blame). 1% up and only $1m shorts liquidated. This explains why manipulators thrive and make money while n00bs are crying like babies. They think that with a $40K investment and with a 100x leverage long, they will get a whole bitcoin more, if the price goes up by 1%. This is like a casino, the chances are always in favour of the house. Until they learn this is doomed, or they lose everything, the game will continue.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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June 18, 2021, 02:41:28 PM |
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proudhon
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June 18, 2021, 02:55:12 PM |
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bitcoinPsycho
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$120000 in 2024 Confirmed
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June 18, 2021, 02:55:36 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2021, 03:01:35 PM |
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philipma1957
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Online
Activity: 4256
Merit: 8608
'The right to privacy matters'
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June 18, 2021, 03:22:46 PM |
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I am still stacking BTC
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Torque
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June 18, 2021, 03:35:48 PM Merited by JayJuanGee (1) |
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Can we just appreciate for a moment that we are trading at $37k!! Thats insane if you think about! And people call this bearish. I could not imagine this price in the beginning of 2020 and after the covid dump. This is awesome!
After the Bitcoin market "crash", I know the MSM would like me to feel some sort of bad that the bitcoin price is still 400% of what it was this same time last year. But I don't. Call me crazy.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2021, 04:01:27 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 18, 2021, 04:20:58 PM |
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1% "crash" and $55m longs liquidated (I guess the max 100x leverage is to blame). 1% up and only $1m shorts liquidated. This explains why manipulators thrive and make money while n00bs are crying like babies. They think that with a $40K investment and with a 100x leverage long, they will get a whole bitcoin more, if the price goes up by 1%. This is like a casino, the chances are always in favour of the house. Until they learn this is doomed, or they lose everything, the game will continue.
I don't see the game of margin or leverage ending any time soon. It just remains a factor that needs to be consider in terms of factoring where BTC prices might go.. and sometimes if there might be incentives (or fuel) to be able to liquidate various newbs.. The newbs are not going to go away or learn, and there is NOT likely going to be any government coming in to save bitcoin from leveraging practices. So, seems to me to best express these matters as an objective observation of what is happening rather than whining that bitcoin prices are not going up fast enough because people are greedy, dumb and likely getting taken advantage of. You too? At least you are going to work in a nice ride... This is a good chart because it shows length of consolidation during a time that is presumed to be a bull market. Of course, the presumption could end up being wrong (about our being in a bull market), but of course, currently there seems to be very little evidence to conclude (or presume) that we are no longer in a bull market. Good luck to every body.
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cAPSLOCK
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Whimsical Pants
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June 18, 2021, 04:24:18 PM |
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Apparently based on the Ledger leak. I'll be interested to receive one of these. I wonder what criteria they are using to select from the list. I am also hoping to be selected for this! First thing I do will be to paint it orange. But I would LOVE to get this hardware. I might even remove the hack and just have another ledger. They are obviously putting serious work into this.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 18, 2021, 04:32:43 PM |
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I am still stacking BTC
Whoaza!!!!! you might be out of our league.. like Saylor style, no? Can we just appreciate for a moment that we are trading at $37k!! Thats insane if you think about! And people call this bearish. I could not imagine this price in the beginning of 2020 and after the covid dump. This is awesome!
After the Bitcoin market "crash", I know the MSM would like me to feel some sort of bad that the bitcoin price is still 400% of what it was this same time last year. But I don't. Call me crazy. You are crazy... for reals... I am not kidding. I was going to say it anyhow, so thanks for the reminder. Crazy person!!! You fuck.Apparently based on the Ledger leak. I'll be interested to receive one of these. I wonder what criteria they are using to select from the list. I am also hoping to be selected for this! First thing I do will be to paint it orange. But I would LOVE to get this hardware. I might even remove the hack and just have another ledger. They are obviously putting serious work into this. Well, just one person who has stacked 0.021 BTC or greater is going to give them a pretty decent return, and I am sure that there are still some people out there, besides Saylor who have more than 1 BTC. They must have raked in a few BTC already.. seems that some people would have fallen for such a ploy (at least before it had been discovered and announced, no?) By the way, I did a quick search, and I have not seen any reports of actual victims, yet (I mean people who actually typed their private keywords into the device).
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philipma1957
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'The right to privacy matters'
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June 18, 2021, 04:42:03 PM |
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more on Elon 'asshat' Musk
A wanna be. At JJG I am small potatoes well under 10 btc
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Torque
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June 18, 2021, 04:57:35 PM Last edit: June 20, 2021, 12:33:11 PM by Torque |
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The reason why Wall Street and the rest of the world's deep pocket traders want shitcoins to stay around is very simple.
They can own a shit ton of them, and with very little real money and a fuck ton of 100X leverage they can create insane levels of trading volatility with them, fleecing n00bs out of their money. They can also create false narratives around shitcoins that gaslight n00bs into believing that X/Y/Z shitcoin is really special and is going to the moon just because.
With Bitcoin, they can't do that, not anymore anyway. It takes a fuck ton of real fiat money and a good bit of leverage to move the Bitcoin market just a little bit. And they can't and don't own a lot of it, because 90%+ is in the hands of "not Wall Street". Bitcoin HODLers can't be fleeced, and can't be convinced of false narratives. So it is not attractive to Wall Street whales. That's why they fkn hate it.
That's also why the MSM is so focused on promoting shitcoins and slamming Bitcoin. They are constantly trying to push n00bs into shitcoins. Constantly.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2021, 05:01:26 PM |
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Dabs
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The Concierge of Crypto
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June 18, 2021, 05:10:06 PM |
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By the way, I did a quick search, and I have not seen any reports of actual victims, yet (I mean people who actually typed their private keywords into the device).
I think the hack works by showing a USB drive with an application that you run (which is the malware or the wallet stealer), when you run that it asks for the seed words, which is typed in your computer, not on the fake ledger device. So some people are smart enough to not fall for it.
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modrobert
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-"When the going gets weird, the weird turn pro."
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June 18, 2021, 05:26:45 PM |
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Hang in there, we made it this far. I like the graph, but yes, hard to tell when. Here's my hunch; when shit starts going up this time it will not stop.
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ChartBuddy
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June 18, 2021, 06:01:34 PM |
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AlcoHoDL
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Addicted to HoDLing!
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June 18, 2021, 06:27:12 PM |
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Intriguing! I read the letter that they include in the package. It starts off in perfect English (probably copy-pasted from Ledger's site), and then the second half of the letter is a mess... It's screaming "phish hook" and, frankly, anyone who falls for it must be a total internet noob. One thing that has always puzzled me is the fact that all phishing attacks I've received or seen (mostly emails, but also the one above), contain mistakes (spelling, grammatical, syntactical) in the text they use. I just wonder why this is the case. Can't the scammers find someone who knows how to write, and have him write, or at least proofread, the text they use? It's almost as if the scammers want to include mistakes, in an attempt to morally justify their actions (i.e., "it's so obvious it's a scam, so if you fall for it you deserve it because you're stupid"). Are there no educated scammers out there? Strange world...
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Raja_MBZ
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June 18, 2021, 06:44:43 PM |
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Some random lines for y'all. One random line worked:
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