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Old 11-29-2017, 12:20 AM   #1
Smack dat
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Bitcoin now at 10000+

10400+ when I last looked. So much for the big seek of I resisted huh, I suck.
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Old 11-29-2017, 01:21 AM   #2
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This thing should skyrocket in the upcoming days!
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Old 11-29-2017, 01:30 AM   #3
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If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

So you need to invest like a junk bond trader. Buy low, sell high.
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Old 11-29-2017, 01:33 AM   #4
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Everyone will now buy bitcoin,. it is going mainstream sort of.
But any investment that grew so much in a short period of time will eventually burst.
When? I don't know.
As of now, ride with the craze and make money while it last.
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Old 11-29-2017, 01:50 AM   #5
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If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.
If history is going to repeat, even a crash (with an unrealised loss) would not be catastrophic, because the value would eventually recover and then continue to climb even higher. It's happened about 4 or 5 times now.

Two things to consider:

1. This particular ride up is more significant than previous crash-recover-climb cycles, and because of the explosion in value everyone's hearing about Bitcoin this, Bitcoin that. With more speculators the after-effects of the next crash could be quite different.

2. Past performance is not an indication of future performance.
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Old 11-29-2017, 01:58 AM   #6
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With the value climbing so rapidly you could buy today, then sell off a little periodically to reduce your risk of losing all your capital. At this rate you could probably recover your initial investment within a month or two, then sit and do nothing as you watch the unrealised profits of the remaining balance grow. But there's still a risk of catastrophic loss until you reach that safety point.
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Old 11-29-2017, 02:29 AM   #7
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If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.

Bitcoin and others are about speculative investing. Yes, you can buy and hold. But unlike IPO investing, you won't get dividends.

So you need to invest like a junk bond trader. Buy low, sell high.
There was a correction of some sort a few hours ago (went down from 10700+ to 10000+) I had a stop sell set at 10120 just in case it gets even deeper.
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Old 11-29-2017, 04:26 AM   #8
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10900 atm
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Old 11-29-2017, 04:39 AM   #9
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wow amazing ...
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Old 11-29-2017, 04:59 AM   #10
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Old 11-29-2017, 05:00 AM   #11
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It should say 'expensive' ;)
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Old 11-29-2017, 06:12 AM   #12
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30.000 usd for Christmas?
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Old 11-29-2017, 06:21 AM   #13
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the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars

what a fucking joke LOL...
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Old 11-29-2017, 07:02 AM   #14
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the price went up 10000$/day and everybody lived happily ever after...the most basic laws of economy decided to change and not rain on the parade...governments just decided that their death grip on power and money was a thing of the past...one micro satoshi was worth 100billion dollars

what a fucking joke LOL...
still not late to get in ;)
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Old 11-29-2017, 07:29 AM   #15
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Old 11-29-2017, 07:44 AM   #16
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still not late to get in ;)
dude its rising at a 1000$/day what could possibly go wrong?
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Old 11-29-2017, 07:54 AM   #17
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It's absolutely not too late to get in. Don't forget that you don't need to buy a whole coin. You can buy just a couple of hundred dollars and do well.

For me I already own some BTC and BCH. I sold what I had in LTC (Litecoin) but it was a mistake because it's jumped from about $60 when I sold it, to $137 as I write this. I think I'll jump back in.
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Old 11-29-2017, 08:46 AM   #18
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dude its rising at a 1000$/day what could possibly go wrong?
A little correction and we are back on track

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Old 11-29-2017, 08:51 AM   #19
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dude its rising at a 1000$/day what could possibly go wrong?
https://twitter.com/bitfinexed
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Old 11-29-2017, 09:14 AM   #20
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Old 11-29-2017, 09:35 AM   #21
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"Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."
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Old 11-29-2017, 09:47 AM   #22
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"Liquidity is important folks. A 10 million sell, dropped the market cap of bitcoin by 20 billion 'dollars'. Even if you add up all exchanges... it's not going to add up to 20 billion."
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Old 11-29-2017, 09:56 AM   #23
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I used to make jokes like some people here - I wish I didnt - now i got in 3 months ago and more than doubled my investment since then.
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Old 11-29-2017, 10:18 AM   #24
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I'm in baby!!!

https://gfy.com/fucking-around-and-pr...y-bitcoin.html

It may be "late" to get in BUT maybe it's not. Who knows. Let's check this time next year. The math will be easy! Got in at 10K and now BTC is worth......cha-ching?

CHA-CHING!!!
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Old 11-29-2017, 10:25 AM   #25
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Old 11-29-2017, 11:45 AM   #26
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Old 11-29-2017, 03:00 PM   #27
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Everything is down i suggest buying now.
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Old 11-30-2017, 11:41 AM   #28
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Old 11-30-2017, 02:39 PM   #29
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Everything is down i suggest buying now.
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^^^ Truth
this
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Old 12-07-2017, 05:28 PM   #30
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If you aren't in, don't get in. Bubble will burst around 12k. Then get in at bottom and ride next bubble.
You still think it will tank at 12k?
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