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Korea’s honor has been sullied! They lose face!!
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Jan 18, 2018 08:18
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TheBlackVegetable posted:Unless someone can produce a legitimate, viable product from bitcoin, that 100k would still just be built on the back of rabid speculation and blatant pyramid schemes and doomed to fail - hopefully in a way that's 10x more likely to get the scammers lynched than if the crash completes this time. If you invented a viable product for a crypto currency why peg it to bitcoin? Just come up with a new one.
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Jan 18, 2018 08:20
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Lote posted:This guy knows what’s up. He should start a fund and name it something fancy like Bitcoin Savings and Trust or Long Term Capital Management. Bitcoin Savings & Trust, I like that! A good honest name.
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Jan 18, 2018 08:22
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Good news everyone, the literal ponzi scheme coin is back in the top 100 cryptocurrencies! I'm sure it's not too late to buy into the recovery from all this 'blah blah bitconnect stole my money' FUD.
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Jan 18, 2018 08:23
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I’m surprised people don’t just park X amount of cash in Coinbase in Y/Z/Zz+ currency and cash out when they make a profit. (Unless they can’t lol) Any crypto money is essentially the same as lighting it on fire walking into a casino. I’m fine seeing my $500 gamble from last year ride the wave. What ever happened to ‘don’t put in more than afford to lose’ mentality?
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Jan 18, 2018 08:26
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 My Facebook feed is full of dumb poo poo like this recently and I'm blaming you jerks 
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Jan 18, 2018 08:30
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EconOutlines posted:I’m surprised people don’t just park X amount of cash in Coinbase in Y/Z/Zz+ currency and cash out when they make a profit. (Unless they can’t lol) take your 500 fiat scam coins and shove them up your rear end in a top hat idiot gently caress
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Jan 18, 2018 08:32
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oh im sorry i misread and thought you were a nocoiner, apologies brother
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Jan 18, 2018 08:34
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What manner of man are you, that can summon up coin without flint or tinder?
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Jan 18, 2018 08:39
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Bitcoinnect indeed have the price very amazing and many people get rich after they trading, sell and buy on this coin. if you buy bcc on $6 and sell on $31 i think it is your lucky day. 
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Jan 18, 2018 08:46
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lazorexplosion posted:the literal ponzi scheme coin is back in the top 100 cryptocurrencies!
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Jan 18, 2018 08:46
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Why didn't it crash further. 
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Jan 18, 2018 08:57
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holy poo poo some of the cognitive dissonance in this thread is astounding; when bitcoin millionaires are talking up their paper gains then everything's cool, but when those same people start posting sob stories about being unable to pay back their huge personal loans suddenly it's time to remind everyone that those stories might be fake as poo poo cause anyone can sign up for a reddit account and say whatever they want and and and and and
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Jan 18, 2018 08:59
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QuarkJets posted:holy poo poo some of the cognitive dissonance in this thread is astounding; when bitcoin millionaires are talking up their paper gains then everything's cool, but when those same people start posting sob stories about being unable to pay back their huge personal loans suddenly it's time to remind everyone that those stories might be fake as poo poo cause anyone can sign up for a reddit account and say whatever they want and and and and and im rich as gently caress and suck your daddys d*ck
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Jan 18, 2018 09:09
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lazorexplosion posted:Good news everyone, the literal ponzi scheme coin is back in the top 100 cryptocurrencies! I'm sure it's not too late to buy into the recovery from all this 'blah blah bitconnect stole my money' FUD. It's times like these I seriously consider we might be in a simulation and are being hosed with.
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Jan 18, 2018 09:13
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Check out this article! I made $∞ today by working at the Bitcoin mines from home!
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Jan 18, 2018 09:15
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lazorexplosion posted:Good news everyone, the literal ponzi scheme coin is back in the top 100 cryptocurrencies! I'm sure it's not too late to buy into the recovery from all this 'blah blah bitconnect stole my money' FUD. Rare, limited edition pog! Company went bankrupt and doesn't exist anymore! Buy now!
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Jan 18, 2018 09:42
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Buy my new Bitshovel for only $99.99 fiat. The best way to mine bitcoins!
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Jan 18, 2018 09:45
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Bip Roberts posted:im rich as gently caress and suck your daddys d*ck is this like an eyes wide shut party where you're doing this or is it more like Frank Reynold's version of that
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Jan 18, 2018 09:51
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BCC is now up to $55
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Jan 18, 2018 10:07
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Jan 18, 2018 10:10
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https://twitter.com/bitconnectx/status/953692032278646784 People believe they will be getting $150 for their BCC. A real bargain at (now) $60!
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Jan 18, 2018 10:23
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Alpha Mayo posted:BCC is now up to $55 Why is this thing going up? 
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Jan 18, 2018 10:37
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Is there actually anything that drives one coinbase to rise other than blind speculation? It seems like most of these aren't usable for purchases, and as such are all purely gambling based on what you think the market will do. Surely you could invent a coin, trade it to yourself for like 2k, drive the price up as people jump in then abandon them all?
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Jan 18, 2018 10:37
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Darth TNT posted:Why is this thing going up? Don't worry it's only up to $77 now. 13532% in 17 hours.
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Jan 18, 2018 10:43
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Darth TNT posted:Why is this thing going up? Top floor of the pyramid scheme baby! They gonna milk those suckers for another round.
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Jan 18, 2018 10:43
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The more I read about people blowing loans and life savings on this poo poo, the more I think that it is entirely possible that its a ride that's never going to end. The people in a position to manipulate the market to their own end will continue to do so, and it'll regularly plunge down before creeping back up again. It could be a thing entirely supported by nothing else by the leveraged greed of woefully misguided people.
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Jan 18, 2018 10:45
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Darth TNT posted:Why is this thing going up? Durzel posted:people blowing loans and life savings on this poo poo
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Jan 18, 2018 10:47
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ilmucche posted:Surely you could invent a coin, trade it to yourself for like 2k, drive the price up as people jump in then abandon them all?
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Jan 18, 2018 10:54
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My mistake is I keep treating this poo poo like a rational market, thinking people will realize that there are no fundamentals to these "currencies" (forked codebases) and that that will be enough to pop the bubble, leaving maybe Bitcoin and one to two others at 10% of their current value for money laundering/drugs. But nope, people are happily pumping millions into round two of ponzicoin less than 24 hours after people lost their shirts in it. Maybe Bitcoin will hit 100K by end of the year. Logic certainly wouldn't stop that from happening. And I used to think stocks were crazy, "Wow people keep buying them and they are probably 30% overvalued right now!" and then I exposed myself to the poop.
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Jan 18, 2018 10:56
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https://news.bitcoin.com/south-korean-officials-caught-trading-on-insider-knowledge-of-crypto-regulations/
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Jan 18, 2018 11:00
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laffo, a stable and good internet funny munny
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Jan 18, 2018 11:08
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im loving dying at the idea that there's some guy boycotting kimchi because of this poo poo. that owns so much
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Jan 18, 2018 11:26
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Alpha Mayo posted:My mistake is I keep treating this poo poo like a rational market, thinking people will realize that there are no fundamentals to these "currencies" (forked codebases) and that that will be enough to pop the bubble, leaving maybe Bitcoin and one to two others at 10% of their current value for money laundering/drugs. But nope, people are happily pumping millions into round two of ponzicoin less than 24 hours after people lost their shirts in it. It's sad because ultimately with these big crashes there are people out there really losing their shirts, and plenty more that are completely innocent because their significant other blew their kids college funds, etc on this poo poo without their knowledge or consent. But, there are enough of these people around to sustain BTC and other cryptos indefinitely I think, just look at the story of GTAT. People don't learn, and the ones that do are replaced by others who haven't yet learnt this horrific lesson. I've stopped thinking that it will collapse completely, now I just think it'll repeat the massive slump and slow recovery cycle over and over (it's done this several times already, and the wokes talk about this being perfectly normal behaviour), all the while crucifying innumerable people who are spending money they don't have. The only people who will make serious money on this now - ironically - are the people who are already proficient at investing, and/or are straight up manipulating the market anyway. Durzel fucked around with this message at 11:34 on Jan 18, 2018 |
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Jan 18, 2018 11:32
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i will never eat another bibimbap until these people atone for their crimes
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Jan 18, 2018 11:37
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everything is good now, we're slightly up from the slump 24h ago so the numbers are green again, buy buy buy!!
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Jan 18, 2018 11:40
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Lovechop posted:i will never eat another bibimbap until these people atone for their crimes Same, but Chow Mein.
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Jan 18, 2018 11:40
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Durzel posted:A lot of average Joes, "normies" as the woke folk seem to like to call them, are seeing news articles with big numbers like 1000% and they literally just switch off their brains and plough their money, life savings, loans, etc into it. How these people don't stop, even for a second, to consider that how they know about this incredible investment opportunity that has somehow passed Wall Street by, when they know nothing about investments themselves, is truly staggering but not that surprising. Pretty much everyone in the world, including those already well off, dreams of instant big wins - so reading stories about the meteoric rise of BTC and other cryptos is enough for them to jump in. So what you're saying is that we have to find and kill satoshi nakamoto
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Jan 18, 2018 11:43
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In so many words, yes.
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Jan 18, 2018 11:46
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Durzel posted:A lot of average Joes, "normies" as the woke folk seem to like to call them, are seeing news articles with big numbers like 1000% and they literally just switch off their brains and plough their money, life savings, loans, etc into it. How these people don't stop, even for a second, to consider that how they know about this incredible investment opportunity that has somehow passed Wall Street by, when they know nothing about investments themselves, is truly staggering but not that surprising. Pretty much everyone in the world, including those already well off, dreams of instant big wins - so reading stories about the meteoric rise of BTC and other cryptos is enough for them to jump in. So is a good time to buy? How much for a batcoin today? The bubble didnt burst did it
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Jan 18, 2018 12:18
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