goldkingcoiner
Legendary
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Activity: 2226
Merit: 1971
A Bitcoiner chooses. A slave obeys.
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June 18, 2024, 02:38:00 PM |
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The slow bleed down makes completly sense to me because this is a bear market.
As long as there are money printers running 24/7, infinite bull run. Not really. At some point their fiat scam paper money becomes worthless and you cannot even buy a loaf of bread to feed your starving family. Ask 1923 Germany (hyperinflation in the Weimar Republic). |
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BitcoinBunny
Legendary
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Activity: 1582
Merit: 2770
Far, Far, Far Right Thug
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June 18, 2024, 02:41:32 PM |
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The slow bleed down makes completly sense to me because this is a bear market.
As long as there are money printers running 24/7, infinite bull run. Not really. At some point money becomes worthless and you cannot even buy bread. Ask Germany 1923. I'd rather not ask Germany 1923 anything. I'd rather give it poisoned bread. |
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goldkingcoiner
Legendary
Offline
Activity: 2226
Merit: 1971
A Bitcoiner chooses. A slave obeys.
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June 18, 2024, 02:45:15 PM |
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The slow bleed down makes completly sense to me because this is a bear market.
As long as there are money printers running 24/7, infinite bull run. Not really. At some point money becomes worthless and you cannot even buy bread. Ask Germany 1923. I'd rather not ask Germany 1923 anything. I'd rather give it poisoned bread. That has nothing to do with the point that I am making (about the government endlessly printing money). I am referencing hyperinflation in the Weimar Republic. |
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2024, 03:01:18 PM |
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  ExplanationChartbuddy thanks talkimg.com |
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gallianooo
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June 18, 2024, 03:01:35 PM |
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Look like we should have to see more pain in the market before UP.
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El duderino_
Legendary
 Online
Activity: 2688
Merit: 13184
BTC + Crossfit, living life.
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June 18, 2024, 03:15:40 PM Merited by JayJuanGee (1) |
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Look like we should have to see more pain in the market before UP.
Where is pain between 60-70?? When btc was 20k Was there pain at 17500? |
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gallianooo
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Look like we should have to see more pain in the market before UP.
Where is pain between 60-70?? When btc was 20k Was there pain at 17500? I mean more 'psychologic' pain for weak / newbies... more and long sideways, and probably REKT more with some more big (and quick) red dildo... I know it's not the feed for that, but when you are looking the Alts market, LoL  |
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vapourminer
Legendary
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Activity: 4508
Merit: 4085
what is this "brake pedal" you speak of?
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June 18, 2024, 03:44:17 PM |
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ok so are there actually people worrying about bear markets. here. they worrying here in the WO!!! has another large hadron collider event shifted universes again? am i in the Bear Observer thread?  ? muuuussttt esssscaaaaaaaaaapppppppeeeeee |
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Holds3bitcoin
Newbie
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Activity: 10
Merit: 0
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June 18, 2024, 03:52:30 PM |
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Look like we should have to see more pain in the market before UP.
I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ? |
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JimboToronto
Legendary
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Activity: 4186
Merit: 4816
You're never too old to think young.
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June 18, 2024, 03:59:31 PM |
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 What about the holder From 2013-2021 ish  |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2024, 04:01:15 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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Hueristic
Legendary
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Activity: 3990
Merit: 5425
Doomed to see the future and unable to prevent it
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June 18, 2024, 04:04:35 PM |
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Look like we should have to see more pain in the market before UP.
I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ? Is that you Proudhon? |
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Hueristic
Legendary
Offline
Activity: 3990
Merit: 5425
Doomed to see the future and unable to prevent it
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June 18, 2024, 04:06:54 PM |
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Look like we should have to see more pain in the market before UP.
Where is pain between 60-70?? When btc was 20k Was there pain at 17500? Dropped to what 4k was it? And the sideways pain was the Vegeta Crisis!   |
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psycodad
Legendary
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Activity: 1648
Merit: 1812
精神分析的爸
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June 18, 2024, 04:39:26 PM |
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Within the next ~10 days I need to sell a tiny bit to cover mortgage, insurances and whatnot, it will start to go up shortly after that.
You can then thank me later.
#HODL
#takeonefortheteam
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2024, 05:01:16 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2024, 06:01:17 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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shahzadafzal
Copper Member
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Activity: 1708
Merit: 3035
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It’s a bear trap.
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Biodom
Legendary
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Activity: 3934
Merit: 4453
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June 18, 2024, 06:16:14 PM
Last edit: June 18, 2024, 07:17:39 PM by Biodom Merited by El duderino_ (6), Gachapin (1) |
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Meaningless stats: If you look at the graphs, both NVDA and btc appreciated almost to the exact same extent from about June of 2015 (9 years): ~270X, give or take. I wonder how many people held btc "intact" for those years, how many held NVDA and how many held both (those must be VERY rare "birds"). Respect. NVDA achieved the highest market cap today on US stock market. I recall the same happening to CSCO in 2000 when it overcame GE and MSFT. CSCO "peaking" was not sustainable as once the Internet build-out was largely completed, less growth occurred. IMHO, same fate for NVDA, eventually. EDIT: You didn't need to hold both, though |
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Gachapin
Legendary
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Activity: 1092
Merit: 2198
bitcoin retard
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June 18, 2024, 06:38:14 PM |
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cmon rip it off already and let's go to 60k so we can start the real fun.
However the sideways market might easily go on until fall or winter
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OgNasty
Donator
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Activity: 4914
Merit: 4827
Leading Crypto Sports Betting & Casino Platform
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June 18, 2024, 06:58:34 PM |
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cmon rip it off already and let's go to 60k so we can start the real fun.
However the sideways market might easily go on until fall or winter
I agree about the sideways market. It felt like everyone was new here talking about how the price would rip right after the halving. Not only does it take a year + to hit the high, but this time we also have the mtgox funds to unwind and Wall Street shorting. The market will go up again when mtgox funds are distributed and Blackrock decides they have gotten as many coins from the weak hands as possible. I’m guessing October. |
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