Biodom
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December 16, 2021, 07:14:20 AM |
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Once it is done the next step will be hooking up with some PA investors. We need to see how it works out. All in good time.
What's a PA investor-the one from Pennsylvania? I know PE (private equity), don't know PA, unless it is, indeed, the state..
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El duderino_
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BTC + Crossfit, living life.
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December 16, 2021, 07:29:39 AM |
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I'm seeing a lot of signs of long term weakness and some signs of short term strength in the market. This is usually the opposite of what I'm used to seeing. I'd remain cautious here. Price models are starting to break and the focus is turning to things like NFTs and coin burns while DeFi is still going strong even after the latest crash. There isn't a whole lot of reason to be bullish on Bitcoin here in my opinion, but we haven't seen the multiyear blow off top that we typically see, so that remains the hope for a target. I think it would be wise to have an exit plan ready if the right opportunity presents itself and starting to familiarize yourself with ways to earn a return from your crypto other than by 'price go up' might be a good idea.
No reason to be Bullish on BTC? *banks offering exposure to BTC *more and more adoption *more and more billionaires admitting HODLing *more merchants accepting *El Salvador currency with more countries looking close *list can go on for a full page or 3-4….. Models don’t mean anything to Hodlers as anything can change rapidly Models are just a fun read and a hopium shot if there bullish, negative models I don’t know… always just skip them, like a bad movie or something
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Erumo
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December 16, 2021, 07:51:18 AM Merited by JayJuanGee (1) |
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Every time I see Bitcoin price goes down, this picture warms my heart
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shahzadafzal
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December 16, 2021, 07:56:44 AM Merited by JayJuanGee (1) |
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I'm seeing a lot of signs of long term weakness and some signs of short term strength in the market. This is usually the opposite of what I'm used to seeing. I'd remain cautious here. Price models are starting to break and the focus is turning to things like NFTs and coin burns while DeFi is still going strong even after the latest crash. There isn't a whole lot of reason to be bullish on Bitcoin here in my opinion, but we haven't seen the multiyear blow off top that we typically see, so that remains the hope for a target. I think it would be wise to have an exit plan ready if the right opportunity presents itself and starting to familiarize yourself with ways to earn a return from your crypto other than by 'price go up' might be a good idea.
No reason to be Bullish on BTC? *banks offering exposure to BTC
*more and more adoption *more and more billionaires admitting HODLing *more merchants accepting *El Salvador currency with more countries looking close *list can go on for a full page or 3-4….. Models don’t mean anything to Hodlers as anything can change rapidly Models are just a fun read and a hopium shot if there bullish, negative models I don’t know… always just skip them, like a bad movie or something That's exactly what's happening first banks tried to kill bitcoin and failed miserably. Now They're embracing it... just a day back I read this news "German Savings Bank To Offer Bitcoin Trading: Report Sparkasse, a German savings bank, is working to implement a bitcoin trading offering for its 50 million customers. https://www.nasdaq.com/articles/german-savings-bank-to-offer-bitcoin-trading%3A-report" What ever the banks or governments do eventually they will follow bitcoin but for some it will be too late.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2021, 08:01:29 AM |
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redhack
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December 16, 2021, 08:09:16 AM |
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You expect bullish January then? Hope this graphic repeat itself. That way we can see 130k-270k next year.
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Hueristic
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Doomed to see the future and unable to prevent it
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December 16, 2021, 08:18:25 AM |
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shahzadafzal
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December 16, 2021, 08:27:04 AM |
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Reporting done right! Or just right click > save image to save yourself $$$.
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bct_ail
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https://t1p.de/6ghrf
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December 16, 2021, 08:31:26 AM |
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That's exactly what's happening first banks tried to kill bitcoin and failed miserably. Now They're embracing it... just a day back I read this news "German Savings Bank To Offer Bitcoin Trading: Report Sparkasse, a German savings bank, is working to implement a bitcoin trading offering for its 50 million customers. https://www.nasdaq.com/articles/german-savings-bank-to-offer-bitcoin-trading%3A-report" What ever the banks or governments do eventually they will follow bitcoin but for some it will be too late. One reason to cancel an account with this bank.
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dragonvslinux
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December 16, 2021, 08:54:27 AM |
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Thanks for sharing it's an interesting situation, I also do feel sorry for the guy, but there is another important message here. I know he was mainly invested in shitcoins, and was very good at picking out projects that were undervalued and performed well, but seems like he held a lot through the past 6 months continuing to believe they would outperform Bitcoin while rarely taking profits, and the likelihood is half of them didn't, given that shitcoin dominance remains at it's highs as opposed to gone higher. Hearing that he held Chainlink all this time was somewhat sad to hear, it went up 20x in 2020 against BTC after getting into the Top 10, but now 75% down and struggling to remain in the Top 20. It's personally the coin that I most aggressively sold satoshi profits on in 2020 and now only hold 1.5% of what I did after selling half of it about 6 times, because I had no emotional attachment to it.... It's now hanging on by a thread at the 200 Week MA against BTC and clearly has the potential to drop 90%, just like Solana, Luna and others that had their 50-100x rises. That said, getting all out of a shitcoin at a 5x before price crashes 90% or more, during it's first cycle, is better profits than selling 2x at every double for sure, but naturally feels very different, even deafest I imagine. For example taking 50% profits, then price dropping/pumping, then 50% more, then price pump/drops, rinse & repeat, feels like a good strategy. Getting all out after a 75% drop must feel awful, even if more profitable. This video was also a stark reminder of how parabolic the shitcoin market has become, how "expensive" many of these coins have become, so many examples out there right now. Some have already retraced 75% and look like they can do it again, for example Link and Doge, while others haven't even begun their retracements yet. The fundamentals appear obvious that Bitcoin dominance will bounce back from 40% to 50%-60%, now that it's 200 Week MA has finally shed it's bearish bias and flattened out for the first time ever (which took 3 years), whether this is from a recovery and bull market (I assume) or a bear market (less likely). I know I've been saying this since May and again in September, but I'll reiterate it this month, even if the technical picture of a descending triangle looks bearish. Shitcoins are overdue for considerable carnage. Furthermore, while I see enough analysts comparing current prices to $3K or $5K in 2017, if they are right and Bitcoin prices make new ATH in the near future, because this is the middle of the cycle, then it stands to reason the same event will occur when Bitcoin goes up by X amount, along with it's dominance, while shitcoins get dumped for fiat or BTC. It also seems that many shitcoins investors (that are weaker hands) will feel the same as Chico Crypto if Bitcoin goes lower, and with the crypto market 60% invested in shitcoins as opposed to Bitcoin, I can imagine the obvious result for a further correction. BTC dominance will continue to climb as newer shitcoin speculators dump their bags for fiat, while longer-term shitcoin speculators take their profits (or newly found losses) back to satoshis, as they have been doing for the past 6 months.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2021, 09:01:36 AM |
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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Saw on Twitter.
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vroom
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a Cray can run an endless loop in under 4 hours
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December 16, 2021, 09:36:54 AM |
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Saw on Twitter. almost perfect, but instead of the sleigh we need the rollercoaster
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2021, 10:01:27 AM |
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BitcoinBunny
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December 16, 2021, 10:05:56 AM |
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Monthly meeting of top officials at the Bank of England on whether or not to raise interest rates to supposedly "curb inflation". Is consumer spending really that high or is your problem more the result of these: - Money printing / bond issuing at ridiculous rate
- Closing down the economy because of a DaNgErOuS vIrUs and still paying people - Economic reward for zero effort (looks like this is on the horizon again).
- Allowing companies to borrow at zero percent and buying back their own stock.
- At the mercy of many external markets such as energy and product supply. When things get moving you are either being taking advantage off or at the mercy of problems elsewhere.
Raising interest rates by 0.25% will do jack shit to curb these points and only make mortgage payers poorer. Even if you went back to the good old days and had 3-4% interest rates on your savings as long as inflation is higher (which it is) you don't save anything. People don't seem to understand that. Bitcoin is clearly the answer, short term (years) and long term (decades).
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aysg76
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No reason to be Bullish on BTC?
*banks offering exposure to BTC *more and more adoption *more and more billionaires admitting HODLing *more merchants accepting *El Salvador currency with more countries looking close *list can go on for a full page or 3-4…..
Models don’t mean anything to Hodlers as anything can change rapidly Models are just a fun read and a hopium shot if there bullish, negative models I don’t know… always just skip them, like a bad movie or something
The adoption curve has grown substantially over all these years and which makes me bullish in the bearish run also : See we are still trap in an early phase and there are still many left to hoard the ship and we can easily sail the inflation boat with normal dip waves coming the way which could not sink the boat and it will cross them sooner or later but you know the holders will survive in the next years and rest who will leave behind inflation blast will burst up you and nothing can safeguard you. The demand has grown and we can see many worldwide renowned celebrities,music bands, rappers and games teams accepting it as mode of salary, payment to employees and holding them on balance sheet as well and i have made a topic for the same as well.You can see it here: Growing Bitcoin demand among people....There are many topics that can be given to show bullish run of Bitcoin in the long run. Just have faith and be in bitcoin boat
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shahzadafzal
Copper Member
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December 16, 2021, 10:26:30 AM |
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I'm seeing a lot of signs of long term weakness and some signs of short term strength in the market. This is usually the opposite of what I'm used to seeing. I'd remain cautious here. Price models are starting to break and the focus is turning to things like NFTs and coin burns while DeFi is still going strong even after the latest crash. There isn't a whole lot of reason to be bullish on Bitcoin here in my opinion, but we haven't seen the multiyear blow off top that we typically see, so that remains the hope for a target. I think it would be wise to have an exit plan ready if the right opportunity presents itself and starting to familiarize yourself with ways to earn a return from your crypto other than by 'price go up' might be a good idea.
No reason to be Bullish on BTC? *banks offering exposure to BTC
*more and more adoption *more and more billionaires admitting HODLing *more merchants accepting *El Salvador currency with more countries looking close *list can go on for a full page or 3-4….. Models don’t mean anything to Hodlers as anything can change rapidly Models are just a fun read and a hopium shot if there bullish, negative models I don’t know… always just skip them, like a bad movie or something That's exactly what's happening first banks tried to kill bitcoin and failed miserably. Now They're embracing it... just a day back I read this news "German Savings Bank To Offer Bitcoin Trading: Report Sparkasse, a German savings bank, is working to implement a bitcoin trading offering for its 50 million customers. https://www.nasdaq.com/articles/german-savings-bank-to-offer-bitcoin-trading%3A-report" What ever the banks or governments do eventually they will follow bitcoin but for some it will be too late. + *more and more billionaires admitting HODLing
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ChartBuddy
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Activity: 2226
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2021, 11:01:28 AM |
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Arriemoller
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Cлaвa Укpaїнi!
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December 16, 2021, 11:04:30 AM |
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I remember reading at the time that "freeze" refers to ice cream in japan and that the victim probably thought he was being offered a Halloween treat. It was October 31 and there were Halloween decorations in place. Trick-or-treating is usually done after dark.
The Wikipedia said the 17th which is way early for trick or treating. It seems they made an unfortunate mistake that shouldn't have resulted in death. If I remember correctly it was a bunch of students going to a party (he was a exchange student) and he thought the party was in that house, but this is from memory.
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Arriemoller
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Cлaвa Укpaїнi!
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December 16, 2021, 11:06:10 AM |
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If I'm not wrong Texas has a law that let's you kill anyone entering your property uninvited after dark. If I recall correctly the couple that shot the Japanese student did shout "freeze" several times and he did not stop, and it was after dark.
I believe this effectively applies to your residence. You can't just gun down the mormons walking up your drive, even if one is Mitt Romney. No, I'm pretty sure it applies to your driveway and garden and such also, but I haven't actually looked it up.
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