Wexlike
Legendary
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Activity: 1473
Merit: 1086
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September 29, 2014, 09:38:19 PM |
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Because I cannot afford to loose more than the money I already lost and have already invested on it.
Then don't buy. Sucks that you went all-in at the top of the bubble, but i would have done the same if i had liquid funds back then.
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exocytosis
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September 29, 2014, 09:40:40 PM |
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Yea circle is making some order to this hell chaos
Hadn't it been for the "fantastic" Circle news, we would've probably been below 350 by now. Now, 350 was delayed by a day or two.
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acsalles
Member
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Activity: 343
Merit: 11
Rangers.Protocol
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September 29, 2014, 09:43:20 PM |
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Because I cannot afford to loose more than the money I already lost and have already invested on it.
Then don't buy. Sucks that you went all-in at the top of the bubble, but i would have done the same if i had liquid funds back then. Correct... I was liquid as hell when the bubble reached mainstream last year. For me was easy to commit. My strategy is to ensure that my cold wallets are safe and follow the news for the next 3~4 years. If, and only if, Proce is consistently growing in the way I find it's sustainable (like ETF) then I am going to double my position.
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Richy_T
Legendary
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Activity: 2590
Merit: 2287
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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September 29, 2014, 09:44:27 PM |
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But there is the question of loss of confidence. If they want this cash cow to remain profitable in the coming years (and they absolutely do want this) then a dip into $100s isn't exactly good for PR. Besides they'll have to risk a lot more to get there.
They'll just move on to something else (if true).
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Richy_T
Legendary
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Activity: 2590
Merit: 2287
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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September 29, 2014, 09:45:42 PM |
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Damn. I know people were accusing them of that but I never thought they were that low. I just figured they were crooked and incompetent.
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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September 29, 2014, 09:51:15 PM |
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|What did you expect... The CEO of Butterfly Labs is a convicted felon (25M USD worth of mail fraud.).. anyone who invested with them were either stupid or got lucky with their order if they broke even... either way it was stupid to invest with them whoever did it. As soon as I found out the CEO was an ex con I looked away. That and the way they handled their customers complaints with taunts etc... especially Josh here on this forum... he threw away alot of business like that too.
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klee
Legendary
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Activity: 1498
Merit: 1000
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September 29, 2014, 09:51:23 PM |
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@MoreFun - what's your background mate? I really like your analysis
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X7
Legendary
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Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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September 29, 2014, 09:56:09 PM |
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dammit I missed 8888
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X7
Legendary
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Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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September 29, 2014, 09:56:56 PM |
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No coindesk... it's too late... (Sings song) "It's toooo late to apooloogizeeee, its tooo laaaate"
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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September 29, 2014, 10:00:51 PM |
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they are always trying to pump up the price.
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 29, 2014, 10:01:13 PM |
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MoreFun
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Activity: 1008
Merit: 1003
WePower.red
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September 29, 2014, 10:04:04 PM |
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@MoreFun - what's your background mate? I really like your analysis
Not sure if serious or you are just jerking me.
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findftp
Legendary
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Activity: 1022
Merit: 1008
Delusional crypto obsessionist
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September 29, 2014, 10:19:33 PM |
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dammit I missed 8888
Wow, you've been sleeping for quiet a while!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 29, 2014, 10:20:41 PM |
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all i see are dumps... dumps dumps dumps
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findftp
Legendary
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Activity: 1022
Merit: 1008
Delusional crypto obsessionist
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September 29, 2014, 10:22:31 PM |
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lol Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.
8-15% a day Do we really have to believe this?
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exocytosis
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September 29, 2014, 10:24:48 PM |
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Half a year from now, cultists and permabulls will dream about Bitcoin one day climbing back up to the insanely high price of $375.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 29, 2014, 10:26:37 PM |
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lol Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.
8-15% a day Do we really have to believe this? i believe he CLAIMS to have made anywhere between 8-15% 8 or 15 % thats a rather large gap...
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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September 29, 2014, 10:27:36 PM |
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lol Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.
8-15% a day Do we really have to believe this? i believe he CLAIMS to have made anywhere between 8-15% 8 or 15 % thats a rather large gap... He made more.. upwards of 35% claim in the article.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 29, 2014, 10:27:57 PM |
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lol Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.
8-15% a day Do we really have to believe this? Believe what? What is your point?
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