OutOfMemory
Legendary
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Activity: 1736
Merit: 3455
Man who stares at charts (and stars, too...)
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August 05, 2024, 10:01:50 AM |
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Congratulations German goverment for dumping their bag at the top.
With no more bags to dump at the next top
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LoyceV
Legendary
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Activity: 3500
Merit: 17694
Thick-Skinned Gang Leader and Golden Feather 2021
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August 05, 2024, 10:05:03 AM |
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Investment money is always on a round trip, so expect it to come back into BTC sooner or later. I was thinking the same thing: all those people now selling are only hoping to buy back (more) Bitcoin cheaper later on. Some will win, others will fail at their timing and buy back more expensive. And that's why I'm not trading, I'm not risking it by selling low.
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OutOfMemory
Legendary
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Activity: 1736
Merit: 3455
Man who stares at charts (and stars, too...)
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August 05, 2024, 10:42:20 AM |
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Investment money is always on a round trip, so expect it to come back into BTC sooner or later. I was thinking the same thing: all those people now selling are only hoping to buy back (more) Bitcoin cheaper later on. Some will win, others will fail at their timing and buy back more expensive. And that's why I'm not trading, I'm not risking it by selling low. That's what i have learned painfully from my first trade...
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2024, 11:01:15 AM |
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ExplanationChartbuddy thanks talkimg.com
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goldkingcoiner
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Activity: 2240
Merit: 1992
A Bitcoiner chooses. A slave obeys.
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August 05, 2024, 11:10:40 AM |
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Man, this is so fun, but I'm so out of cash rn.
Exactly my thoughts right now.
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Paashaas
Legendary
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Activity: 3591
Merit: 4734
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August 05, 2024, 11:11:54 AM |
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Nasdaq futures shows a 4.4% dump.
Expect a major Wallstreet cascade that will likely drag Bitcoin with it to $40k - $45k.
FED will anounce an emergency rate cut first and perhaps printing more dollars to save markets from implosion, actually they are forced to something.
Stocks and Bitcoin rebounds.
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goldkingcoiner
Legendary
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Activity: 2240
Merit: 1992
A Bitcoiner chooses. A slave obeys.
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August 05, 2024, 11:19:36 AM |
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Do you guys think the crash has something to do with Iran/Israel (supposedly) about to go at each other's throats?
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cryptofrka
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Activity: 2450
Merit: 1895
Join the world-leading crypto sportsbook NOW!
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August 05, 2024, 11:38:26 AM |
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Ouch. Not a good way to wake up
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BitcoinBunny
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Activity: 1596
Merit: 2816
Far, Far, Far Right Thug
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August 05, 2024, 11:45:00 AM |
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First recommended video when I opened YouTube. Another scammer. Using a fake Saylor AI voice as well to say what it says on the screen. Look at the viewcount of that stream. YouTube really is pathetic at not policing this AT ALL. What a sorry state of affairs. It just gives BTC a bad name.
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vapourminer
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Activity: 4522
Merit: 4128
what is this "brake pedal" you speak of?
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August 05, 2024, 11:59:43 AM |
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I wonder what regular markets would do tomorrow?
They will either go up, go down or stay the same. Financial advice in a nutshell. People actually pay for that too. SHUDDUP AND TAKE MY MERITS ALREADY
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NotATether
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Activity: 1792
Merit: 7388
Top Crypto Casino
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August 05, 2024, 12:00:23 PM |
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Do you guys think the crash has something to do with Iran/Israel (supposedly) about to go at each other's throats?
Bitcoin dngaf about them all this time, why would it care now?
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El duderino_
Legendary
Online
Activity: 2702
Merit: 13415
BTC + Crossfit, living life.
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August 05, 2024, 12:00:38 PM |
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Bitcoin lowest on exchanges and supplyshock are 2 things I will never look at again
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ChartBuddy
Legendary
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2024, 12:01:17 PM |
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ExplanationChartbuddy thanks talkimg.com
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modrobert
Sr. Member
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Activity: 386
Merit: 334
-"When the going gets weird, the weird turn pro."
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August 05, 2024, 12:06:11 PM Last edit: August 05, 2024, 12:46:02 PM by modrobert |
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Nasdaq futures shows a 4.4% dump.
Expect a major Wallstreet cascade that will likely drag Bitcoin with it to $40k - $45k.
FED will anounce an emergency rate cut first and perhaps printing more dollars to save markets from implosion, actually they are forced to something.
Stocks and Bitcoin rebounds.
Interesting, but also notice resistance at $50k. First recommended video when I opened YouTube. Another scammer. Using a fake Saylor AI voice as well to say what it says on the screen. Look at the viewcount of that stream. YouTube really is pathetic at not policing this AT ALL. What a sorry state of affairs. It just gives BTC a bad name. Wow, double your BTC, when it's most tempting to do so, the scammers are upping their game. The deal looks too good to be true, but other than that, professional. EDIT: Running live in parallel with the real feed, noticed that now. EDIT2: No, it's two scammer feeds, one was just looking legit for a while by showing real recorded content.
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DaRude
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Activity: 2912
Merit: 1919
In order to dump coins one must have coins
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August 05, 2024, 12:12:53 PM |
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Do you guys think the crash has something to do with Iran/Israel (supposedly) about to go at each other's throats?
Bitcoin dngaf about them all this time, why would it care now? NASDAQ futures are down -5% you decide if this is a coincidence or correlation
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Lucius
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Activity: 3430
Merit: 6158
Crypto Swap Exchange🈺
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August 05, 2024, 12:57:57 PM |
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Do you guys think the crash has something to do with Iran/Israel (supposedly) about to go at each other's throats?
I don't know how they will hold each other's necks when they are about 900 km away from each other - so apart from placing bombs under each other's beds (in which the Israelis are obviously much more inventive), they can attack each other with drones and rockets - in which the Israelis are once again at an advantage due to far more advanced technology and help from the US, which has already sent additional ships to the region. This crash is just another in a series of results of human greed (the majority) and the ability of the minority to liquidate them in their positions. Crypto-tracked futures saw over $1 billion million in liquidations in the past 24 hours amid a market sell-off, with ether futures recording $304 million in liquidations. Over 200,000 traders were liquidated, with the largest single liquidation order worth $27 million on Huobi. Apologies if someone has already posted it.
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BobLawblaw
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Activity: 1868
Merit: 5722
Neighborhood Shenanigans Dispenser
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Well, we haven't had a proper Black Monday for a while. I guess we were due.
This feels like a proper correction. Wew lads!
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2024, 01:01:15 PM |
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ExplanationChartbuddy thanks talkimg.com
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philipma1957
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Activity: 4312
Merit: 8861
'The right to privacy matters'
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August 05, 2024, 01:03:09 PM |
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Any more bright ideas, Mr Jerome Powell? To be fair this probably has a little more to do with the Japanese central bank. US stock market was already crashing on Friday. He would definitely have had early access to the job data that caused that. They're just behind the curve all the time. People have been saying "we are never going to see zero percent interest rates again" I'm pretty sure that's where we will be headed towards eventually. This Japanese thing started last week though. Powell of course has completely fucked up as well, but it's a team effort. 100% agree with you on the zero percent interest rates. In hindsight I think that will sound as stupid as the "higher for longer" crowd. powell crashed the market on purpose. if you look back and read what i have said i mentioned more then once he was going to crash the market.
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