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I do not agree with statement how it's ponzi scheme. Most accurate description of crypto bubble would
be "stock hype" where stock value can skyrocket due "promising company organization" but once reality come stock value drop to minimum and people who bought when it was hype lose money. Stocks and crypto is based on same principle, with only difference how stock price can be affected by company business moves. Funny how you mention Bill Gates, since microsoft accept bitcoin. Quote:
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It's just smashed thru the 8k mark dropping like a lead brick BOOM
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Good time to buy some more :)
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But i know what you saying here , how crypto does not have a "base" value when you remove value caused by hype. But the thing is, bitcoin was supposed to be an alternative payment system, not a investment currency. |
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You canīt buy until itīs levelled out, youīd be mental to buy now with it dropping out so much :helpme |
good thing I sold my eth still on 1100 yesterday
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stop crying about cryptos.
i am sure for all of you it was not your last money you invest. |
Ripple is down to 70c :Oh crap
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^ Nope. Just observing.
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BTC 8k, ETH dropping its belly and ripple, wtf! I canīt see anyone winning here by holding onto anything, selling now and then purchasing when itīs dropped to the bottom is about the only good thing that can come from this :thumbsup |
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I'm going on a limb and suggesting we are hitting the bottom.
The way I see it it started going "mental" around the beginning of Nov when bitcoin was around $7k it hit an ATH on 17th Nov of $7888 (I screenshoted it). So I think the bottom would be around $7500 and that would be a realistic price before all the hype. ...So, expect another $1k dip before levelling out. Then I think it will be pretty stagnant for a long time (over a year) although I do think sometime late 2018 or 2019 we will pass the current ATH. |
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total crypto market cap up 100 billion in 2 hours btc at 9K again...what an orchestrated pump and dump LOL congratz to the winners :1orglaugh:1orglaugh:1orglaugh
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After February Chinese New years festival , BTC will be raised again.
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Did I fuck up or what for not selling at 19K. Was so tempting. Good thing I bought most of it at 3K. How long before it drops below 3K thought?
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8.5K is the new 50K :1orglaugh:1orglaugh:1orglaugh
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Never invest what you cannot comfortably afford to LOSE. It's like going to Las Vegas.
Whatever I put in already I consider "lost". One day a few years from now I will check in and see what's what. Short-term buying/selling is for chumps, losers and panic-stricken wannabe pretenders. BTC 4 LIFE!!! |
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My advice: put in a sell order for 9,300 and end the madness. Catch the next bounce up because they're won't be many more. Then again: I know A LOT about pizza. Cryptocurrency pump and dumps, not so much. Hope it works out for you. |
:1orglaugh:1orglaugh:1orglaugh
laughing at the naive idiots who got fucked by this scam |
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Put it towards a 2nd hand GTR instead. |
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Before you get nuts and lose your Bitcoin cash, use them with me and make me happy boy! Find me online tomorrow at 9:00 Colombian time xoxo Gabriella Ghill :)
bitcoingirls.live |
On a positive note, the net loss so far today has only been 30 bucks. Hopefully the bleeding stops soon.
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Many people who actually use crypto currency will not sell.
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food for thought:
if you are buying crypto this means you are not investing money in stocks,giving money to banks, paying taxes etc... big business is not going to like this...a year ago total crypto market cap was like 20billion, this is not even a blip on the radar...500 billion is nothing much...but as the market cap grows the chances of big business actually taking REAL action against crypto grows exponentially... keep in mind the biggest prostitutes are politicians, especially US ones where political prostitution is an institution by means of lobbying...keep in mind that the crypto market is not regulated and if they want to create chaos with volatility there is absolutely nothing standing in their way... whether crypto/blockchain will win in the end I do not know nor is this the point...the point is big business is not going to remain passive about this much longer...there is going to be tons of collateral damage regardless of who wins in the end :2 cents::2 cents::2 cents: |
Yes many banks have "ebroker" service, where they take a fee for buying stocks. But i think they are stupid with being against, they could simply introduce "ecrypto" and make money with it.
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this thread is hilarious....
... i wonder what each one of you will be saying by end of the year as Rocky said "if i an change... YOU can change" so lets hope we see people smarten up, btc believers , believe, support, remember this is a great great thing we have here those who were given this huge opportunity... yet again... will cry and spread FUD even harder soon, bcos of their own arrogance and ignorance. |
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lucky I can afford to win or lose, I just never like to lose as I never usually lose, at anything... However, most havenīt seen what really has happened in BTC Quote:
now itīs just falling & probably because the big guys, with multi millions involved, they removed theirīs before Christmas & made 2017 the BTC craze... now it could be NAGA, it could be ETH or ripple. Until the price has dropped right out, no one knows... Youīre either selling now or in for the long haul. However, mine were only in for a few months, the guy put them in when it was 8900, so I would have been best taking out at 15 or 20, but taking out yesterday at 9300 I didnīt lose, I just didnīt gain what I wanted :2 cents: Adraco, youīre a loser & iīm very happy as iīm still a winner :thumbsup |
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ONE of the big goals here was to get rid of high banking fees for ordinary money transfers. BTC costs are FAR over such costs and they will be more expensive as more complicated the chain becomes. so playing with crypto is playing poker. as long as there are enough players you make money with their volatility but as soon the big boys jump into that the majority of the small players will lose. if they would NOT lose nobody could win - it is that easy. we are FAR away from a world with blockchain money - and if that comes it will NEVER be ruled under stockmarket circumstances. that would make money incalculable and not useful for any kind of trades. i saw yesterday a documentation about the first "bitcoin city in the world" what is zug in switzerland. that was a big topic all around the world. in this documentation they tried to find ONE shop in the whole city what ever got even one single BTC payment and they did not find one. the community received 50 payments in 2017 and the most where made by international journalists what wanted to prove if they are really able to pay with it. so yes you will still be able to get other peopleīs money with bitcoin. just by betting on rise or fall - but this is a game and nothing else. same as when you bet on the winner or a loser of a football match. |
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Yes it was, and that is what i disliked with bitcoin, it's volatility make it bad choice for e-commerce.
There is currently one crypto which i find suitable for e-commerce, and that is tether as it have fixed value. But there is rumours now how company behind it have some problems. And that situation with city is nothing unusual, i was once in bar where they accept only BTC and LTC and i refused to order anything because it is toomuch hassle to order it :D Quote:
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Price took a big jump upwards in the last few hours.
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Congrats to the winners. |
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They have their fortunes, why risk any of it on something new called crypto currency...:2 cents: I'm not surprised. |
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