ivomm
Legendary
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Activity: 1877
Merit: 3014
All good things to those who wait
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December 09, 2021, 01:06:22 PM |
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I am opening a 100x 1x leverage long position for €5k
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fillippone
Legendary
Online
Activity: 2240
Merit: 16123
Fully fledged Merit Cycler - Golden Feather 22-23
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December 09, 2021, 01:35:44 PM Last edit: December 09, 2021, 02:02:18 PM by fillippone |
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Microstrategy did it again. They bought another 1,000 BTC using investors’ money. More info hereEDIT: Ah! I, read the docs, wrote and edited my post on my thread via mobile, linked it here, and still managed to beat @El Duderino_ at it. Lol! My life is miserable and I spend too much time staring at screens
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El duderino_
Legendary
Offline
Activity: 2590
Merit: 12667
BTC + Crossfit, living life.
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December 09, 2021, 01:37:30 PM |
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Rinse and repeat
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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December 09, 2021, 01:38:08 PM |
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Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block). And that will have possibly profound effects on ALL markets. But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold. So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world. As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch.
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El duderino_
Legendary
Offline
Activity: 2590
Merit: 12667
BTC + Crossfit, living life.
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December 09, 2021, 01:38:48 PM |
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Microstrategy did it again. They bought another 1,000 BTC using investors’ money. More info hereFast posting by Italy
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OutOfMemory
Legendary
Offline
Activity: 1624
Merit: 3277
Man who stares at charts (and stars, too...)
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December 09, 2021, 01:39:37 PM |
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I am opening a 100x 1x leverage long position for €5k Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block). And that will have possibly profound effects on ALL markets. But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold. So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world. As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch. China banned Bitcoin. Coincidence?
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ChartBuddy
Legendary
Offline
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 02:01:28 PM |
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Torque
Legendary
Offline
Activity: 3640
Merit: 5188
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December 09, 2021, 02:08:19 PM |
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Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block). And that will have possibly profound effects on ALL markets. But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold. So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world. As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch. Risk off as in deflation of ridiculous 100X leverage? Yes. (the price will move down or be flat in the short term as it finds a new bottom) Risk off as in hedge funds NOT acquiring the underlying bitcoin asset on the DL? No. As traditional overinflated equity markets drawback, all that money will be looking for safe hedge assets to run to. Because cash is still trash, and they know it. Let's see what happens in the New Year.
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eXPHorizon
Full Member
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Activity: 1260
Merit: 132
Precision Beats Power and Timing Beats Speed.
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December 09, 2021, 02:10:12 PM |
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JimboToronto
Legendary
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Activity: 4088
Merit: 4718
You're never too old to think young.
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December 09, 2021, 02:44:17 PM |
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Good morning Bitcoinland. The battle for $50 rages on... currently $48952USD/$62133CAD (Bitcoinaverage). C'mon Bitcoin. Get up. I honestly don't mind paying my fair share of tax. Can't be greedy now. Just a heads up to all in the uk
I very much mind paying any tax to such fuckers, when instead the government could just print some more fiat from fresh air. In fact, when a government can magically create money from nothing whenever it wants, it makes me question why I've been paying taxes my whole life.
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goldkingcoiner
Legendary
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Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
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December 09, 2021, 03:01:35 PM |
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Rinse and repeat Why would they buy them at 57.4k? Seems a bit high, even when buying large amounts.
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ChartBuddy
Legendary
Offline
Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 03:01:37 PM |
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El duderino_
Legendary
Offline
Activity: 2590
Merit: 12667
BTC + Crossfit, living life.
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December 09, 2021, 03:04:41 PM Merited by JayJuanGee (1) |
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serveria.com
Legendary
Offline
Activity: 2324
Merit: 1189
Privacy Servers. Since 2009.
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December 09, 2021, 03:07:22 PM |
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Rinse and repeat Why would they buy them at 57.4k? Seems a bit high, even when buying large amounts. A bit high? Now maybe some noobs may think so. But in the long run I believe we are almost guaranteed to call it cheap.
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dragonvslinux
Legendary
Offline
Activity: 1680
Merit: 2212
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December 09, 2021, 03:33:19 PM |
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Price is coming back towards long-term moving average support, would be very surprised to not see a bounce from here: 50 Week MA rising bullish @ $47,385 200 Day MA rising bullish @ $46,590 Time to create some bullish divergence on the RSI by looks of it, double bottom incoming, or bulls will get front run. Don't be fooled by any wicks that might poke lower to liquidate fresh longs. Patience is a virtue. I wouldn't be surprised to see 50 Week MA tested again anytime this week, or otherwise the 200 Day MA around $46.5K, given that it hasn't been re-tested yet since the initial crash and recovery
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hisslyness
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December 09, 2021, 03:34:14 PM Merited by JayJuanGee (1) |
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Rinse and repeat Am I the only one thinking he paid $7k too much for each coin?
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BitcoinBunny
Legendary
Offline
Activity: 1540
Merit: 2709
Far, Far, Far Right Thug
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Rinse and repeat Am I the only one thinking he paid $7k too much for each coin? There's probably a few of you who think it's too much. But Saylor doesn't give a fuck. He buys BTC when he has dirty fiat available. He believes it will go up forever Laura. So it doesn't matter to him at all what happens short term. It makes me believe Saylor more actually rather than the endless shillers such as Musk and all the YouTube twats who jump from one thing to the other (fucking Dogecoin, Eth, Meta shite or NFT) just because it's fashionable and suits their bank accounts.
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shahzadafzal
Copper Member
Legendary
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Activity: 1624
Merit: 2999
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December 09, 2021, 03:48:26 PM |
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ChartBuddy
Legendary
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Activity: 2254
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 04:01:27 PM |
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naim027
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December 09, 2021, 04:46:26 PM |
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According to DdmrDdmr's Merit dashboard. WO is the Most Merited thread. 93429 Merits have been transferred between WO thread contributors. Look at the From and To Numbers. Only From 721 Members to 893 members. On Average, Every merit senders send 129.58 Merits.And Every merit receiver got 104.62 Merits. On Average. Heck yeah. Post per Merit Ratio: 1 : 2.30New Milestone Soon ( 100K Merit from a Single thread) Congratulations WO thread Contributors.
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