El duderino_
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Activity: 2674
Merit: 13090
BTC + Crossfit, living life.
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December 09, 2021, 12:28:38 PM Merited by JayJuanGee (1) |
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Shamm
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December 09, 2021, 12:37:57 PM |
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This is how China and other countries who plans to ban bitcoin to stop it from progressing exactly works:
The Chartbuddy now has red/green symbolic sandwich Avatar setup which needs to filled up with some green lettuce even more to make it worth $50k above as it's already been in the process and the he will make it more expensive beleive him This picture made me laugh out loud I think that I'm crazy enough to lough alone. It says that Bitcoin nowadays are very hard to defeat I mean they can not stop Bitcoin to shine and all currencies shall bow their king. The government who trying to destroy bitcoin I think it's a bad idea. King will still king they can not stop that.
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El duderino_
Legendary
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Activity: 2674
Merit: 13090
BTC + Crossfit, living life.
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December 09, 2021, 12:48:59 PM |
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eXPHorizon
Full Member
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Activity: 1330
Merit: 132
Precision Beats Power and Timing Beats Speed.
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December 09, 2021, 12:55:57 PM |
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Hahahah irony at its finest
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 01:01:28 PM |
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ivomm
Legendary
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Activity: 1888
Merit: 3081
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: 2324
Merit: 16564
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
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Activity: 2674
Merit: 13090
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
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Activity: 3808
Merit: 5239
Maybe the Mars is the future!
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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
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Activity: 2674
Merit: 13090
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
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Activity: 1708
Merit: 3411
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
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 02:01:28 PM |
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Torque
Legendary
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Activity: 3710
Merit: 5286
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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: 1330
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
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Activity: 4172
Merit: 4816
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
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Activity: 2212
Merit: 1959
A Bitcoiner chooses. A slave obeys.
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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
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 03:01:37 PM |
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El duderino_
Legendary
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Activity: 2674
Merit: 13090
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
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Activity: 2394
Merit: 1191
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
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Activity: 1722
Merit: 2213
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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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