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 there now I beat the paper trading game. i now own all the bitcoin, from starting with 100K.
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Feb 5, 2018 16:25
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Waltzing Along posted:Is 7250 another wall of some sort? Seems to be struggling to drop below. There looks to be a 500 coin wall at 7000 right now.
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Feb 5, 2018 16:25
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Crypto taxes: This isnt even my final form
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Feb 5, 2018 16:27
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I want these HODL holdouts to be defiant to the very end for maximum lols. And good news PC gamers: "slightly used" GTX1070s for ~$200.
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Feb 5, 2018 16:27
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Paladinus posted:Lol because soon the thread's title will be factual again. Who wants to take bets on exactly when this will happen?
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Feb 5, 2018 16:28
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It's doing a bit of the old 'is it going to bounce? Because I want to sell, but if there's going to be a bounce I wanna sell at the top of it' dance but it's consistently working towards going through so far
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Feb 5, 2018 16:28
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lazorexplosion posted:It's doing a bit of the old 'is it going to bounce? Because I want to sell, but if there's going to be a bounce I wanna sell at the top of it' dance but it's consistently working towards going through so far It's been bouncing for about the last week or two. Goes down 20% and then bounces up 10%. Repeat until 13K is now down to 7.2K
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Feb 5, 2018 16:31
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lazorexplosion posted:It's doing a bit of the old 'is it going to bounce? Because I want to sell, but if there's going to be a bounce I wanna sell at the top of it' dance but it's consistently working towards going through so far bitcoin is falling down the stairs, sometimes it'll hit one at a funny angle and pop up for a second, but its still just tumbling down those stairs 
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Feb 5, 2018 16:35
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Alpha Mayo posted:
Send me 1mil to prove it.
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Feb 5, 2018 16:35
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mysteryberto posted:It's been bouncing for about the last week or two. Goes down 20% and then bounces up 10%. Repeat until 13K is now down to 7.2K It's been a really slow deflation rather than a pop, which is less exciting to watch.
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Feb 5, 2018 16:35
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spasticColon posted:I want these HODL holdouts to be defiant to the very end for maximum lols. This is an option. Should I sell my 1070 now for 1k and pick up used ones in a month for $200?
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Feb 5, 2018 16:37
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There Bias Two posted:It's been a really slow deflation rather than a pop, which is less exciting to watch. Nah, this is crazy fast for a dying bubble. It took like three years for the dot com bubble to finish crashing, 60% in two months is spectacularly bad.
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Feb 5, 2018 16:38
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I am intrested to see how the "used" 1070's go. My bet is those cards will break real fast for people getting them but I'm not 100% on that. Also, my bet is buttcoin will be at 6k around 2/23
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Feb 5, 2018 16:40
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spasticColon posted:I want these HODL holdouts to be defiant to the very end for maximum lols. Once it goes below $1000 there will still be some saying to HODL and how it will go up again. At the same time tons of others will be shouting them down for loving them over when they could have sold at 19,000 and got a lambo. --- Because China has banned it, does this mean all the farms are going to go away? And if so, does that mean it may be worthwhile for people to mine again? I remember reading it wasn't worth it because China had so many resources devoted to farming. Cuz I can see people using Chinas ban as a reason to double down.
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Feb 5, 2018 16:41
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joats posted:This is an option. Should I sell my 1070 now for 1k and pick up used ones in a month for $200? You really don't want a card that's been run flat-out for any amount of time. Normal usage caps at ~70% IIRC. Waltzing Along posted:Because China has banned it, does this mean all the farms are going to go away? And if so, does that mean it may be worthwhile for people to mine again? I remember reading it wasn't worth it because China had so many resources devoted to farming. Cuz I can see people using Chinas ban as a reason to double down. If enough mining power is lost, the next difficulty adjustment will put the frisbee on the roof. 
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Feb 5, 2018 16:42
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My currency is most effective when it changes over 400 dollars in worth in the course of an hour. It's how I buy a nice lunch.
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Feb 5, 2018 16:46
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Liquid Communism posted:You really don't want a card that's been run flat-out for any amount of time. Normal usage caps at ~70% IIRC.
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Feb 5, 2018 16:48
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Alpha Mayo posted:This is actually debated a lot in SH/SC. Some think nVidia Pascal cards should be okay, even in worst-case conditions, because hard thermal/voltage limits are set in the signed BIOS. Personally I'd try my luck with a $200 1070 if it got to that point. But AMD cards can gently caress off. Given the number of other components it could take out if it goes entirely wrong, it's not something I'd gamble on to save a couple hundred bucks.
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Feb 5, 2018 16:49
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Top Hats Monthly posted:My currency is most effective when it changes over 400 dollars in worth in the course of an hour. It's how I buy a nice lunch. Yeah but think about how fast the dollar is fluctuating in terms of how many bitcoins it can buy.
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Feb 5, 2018 17:02
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Liquid Communism posted:Given the number of other components it could take out if it goes entirely wrong, it's not something I'd gamble on to save a couple hundred bucks. This attitude is why u aren't a btc millionaire
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Feb 5, 2018 17:15
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CNBC posted:$100,000 bitcoin ahead? How do you set a price target on something that is completely speculative wrapped around what looks like may be a major fraud with teather? I get it with traditional instruments, you can look at PE, comparable companies, underlying markets, etc but with Bitcoin you might as well be issuing price targets on lotto tickets.
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Feb 5, 2018 17:20
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Three Olives posted:How do you set a price target on something that is completely speculative wrapped around what looks like may be a major fraud with teather? I get it with traditional instruments, you can look at PE, comparable companies, underlying markets, etc but with Bitcoin you might as well be issuing price targets on lotto tickets. when you hold a position on it
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Feb 5, 2018 17:28
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You actually would have better luck issuing price targets on lotto tickets.
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Feb 5, 2018 17:30
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A friend's husband got into bitcoin in december. I didn't even want to know how much he put in. Hoo boy.
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Feb 5, 2018 17:34
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Three Olives posted:How do you set a price target on something that is completely speculative wrapped around what looks like may be a major fraud with teather? I get it with traditional instruments, you can look at PE, comparable companies, underlying markets, etc but with Bitcoin you might as well be issuing price targets on lotto tickets. only thing i can think of is that price manipulating is laughably easy in a crypto, so institutions thinking there’s a price target is a self fulfilling prophecy
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Feb 5, 2018 17:35
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aphid_licker posted:A friend's husband got into bitcoin in december. I didn't even want to know how much he put in. Hoo boy. Its bad enough multiple large banks have banned using their credit cards as funding for Bitcoin purchases.
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Feb 5, 2018 17:36
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CommieGIR posted:Its bad enough multiple large banks have banned using their credit cards as funding for Bitcoin purchases. It really seemed to be breaking into the random normie demographic in a big way just before the crash.
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Feb 5, 2018 17:57
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Barudak posted:My office because a bunch of coworkers husbands/boyfriends went heavy on bitcoin at the bubble peak. aphid_licker posted:A friend's husband got into bitcoin in december. I didn't even want to know how much he put in. Hoo boy. Looking forward to the Tindr thread in a few months when "No Bitcoiners" becomes a thing among divorcees.
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Feb 5, 2018 17:58
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aphid_licker posted:It really seemed to be breaking into the random normie demographic in a big way just before the crash. It started a huge positive feedback cycle and we hit the insanity that was 20k bitcoin. Now reality is back and slaughtering pigs in a major way.
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Feb 5, 2018 18:01
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Alpha Mayo posted:
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Feb 5, 2018 18:02
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Uranium 235 posted:yeah it's not so hard when you don't have to account for volume and liquidity lol way to take a joke post very seriously sorry i forgot you make all the profits. market up? PROFIT. market down? PROFIT? market sideways? URANIUM PROFITS
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Feb 5, 2018 18:07
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Alpha Mayo posted:lol way to take a joke post very seriously
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Feb 5, 2018 18:15
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there's some people selling off big ol chunks and cashing out right now. well they were for a minute or two shiksa fucked around with this message at 18:19 on Feb 5, 2018 |
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Feb 5, 2018 18:15
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BTC price on Coinbase is so close to coming full circle to the thread title, it's edging the gently caress out of me.
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Feb 5, 2018 18:23
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Did the coiners blame Trump yet?
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Feb 5, 2018 18:25
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shiksa posted:there's some people selling off big ol chunks and cashing out right now. WEAK HADNS Legit question: Is there a reason why true believers yell HODL when they say its gonna dip before it goes up, when they could just sell and rebuy if they wanted to? I'm guessing its either 1) Tax burden 2) They dumb but is there any other real reasons
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Feb 5, 2018 18:26
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They think they are going to cash out as it goes up uP UP and become millionaires, sooooo..... Number 2.
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Feb 5, 2018 18:27
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Bitcoin went to 20k once therefore it will surely reach 100k because
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Feb 5, 2018 18:28
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joats posted:Did the coiners blame Trump yet? Everyone knows it's (((Globalists))) and their banks who are to blame keeping the White Man's Choice of currency down.
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Feb 5, 2018 18:29
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Three Olives posted:How do you set a price target on something that is completely speculative wrapped around what looks like may be a major fraud with teather? I get it with traditional instruments, you can look at PE, comparable companies, underlying markets, etc but with Bitcoin you might as well be issuing price targets on lotto tickets. Take total valuation of earth divided by number of bitcoin. If it goes above that then bitcoin are overpriced.
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Feb 5, 2018 18:32
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