Bitcoin: no angel investors, only Faustian bargains

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dads friend steve: Dec 24, 2004

That�ll be tough, for many reasons, not least of which are the many, many coins that are irretrievably lost

# ? Feb 5, 2018 18:38

Adbot: ADBOT LOVES YOU

# ? May 28, 2024 23:33

Double Bill: Jan 29, 2006

71XX on GDAX, thread title here we come

# ? Feb 5, 2018 18:41

AARP LARPer: Feb 19, 2005; THE DARK SIDE OF SCIENCE BREEDS A WEAPON OF WAR; Buglord

Every time bitcoin fights its way back up, we all die a little.

# ? Feb 5, 2018 18:44

VictorianQueerLit: Aug 25, 2017

I'm bored and watching true believers melt down is infinitely more interesting than people posting the spot price sooooooo

quote:

deleteyourself - Today at 12:26 PM
The subreddit is unreadable at this point. Everyone crying.
Dods - Today at 12:31 PM
Yea all of these reinvestment dips become new dips
Aka loss
Adrian - Today at 12:32 PM
But you reduced your losses once it goes up again
Booger Queen - Today at 12:32 PM
guys here is the plain and simple of it
we're hosed
Adrian - Today at 12:32 PM
no you aren't
Booger Queen - Today at 12:34 PM
part of me wants to cut my losses and get back in once it stabilizes
Shyam - Today at 12:35 PM
Then you are at a loss
Shyam - Today at 12:35 PM
Why not wait
myst - Today at 12:35 PM
Do you guys think when Asia wakes up, it'll keep dropping?
myst - Today at 12:37 PM
It's sad seeing my portfolio drop 60% from the ATH :frowning:
Crypto_Banana - Today at 12:37 PM
get use to it
thats how life works
harry_what - Today at 12:41 PM
feels good to be losing about $1k of my initial investment per day!

Nothing really good right now, just some crabs dragging other crabs down into the bucket. I'll check back if it breaks $7,000 because right now they all seem to be clinging to that $7,100 support like a life raft.

# ? Feb 5, 2018 18:44

Uranium 235: Oct 12, 2004

Double Bill posted:

71XX on GDAX, thread title here we come

what do you guys think, do we need to hit 6000 exactly or can we just get "close enough" and pop off the champagne?

# ? Feb 5, 2018 18:48

Decius: Oct 14, 2005; Ramrod XTreme

Uranium 235 posted:

what do you guys think, do we need to hit 6000 exactly or can we just get "close enough" and pop off the champagne?

It's only 11 more walls getting crushed, better get the champagne cooled now.

# ? Feb 5, 2018 18:50

Sten Freak: Sep 10, 2008; Despite all of these shortcomings, the Sten still has a long track record of shooting people right in the face.; College Slice

Do I hear 7100?!

# ? Feb 5, 2018 18:50

Doccykins: Feb 21, 2006

I'm waiting for the 6 month change graph to go negative, then even the long time holders will start panicking as they can't blame the weak handed normies any more

# ? Feb 5, 2018 18:52

Harveygod: Jan 4, 2014; YEEAAH HEH HEH HEEEHH

YOU KNOW WHAT I'M SAYIN

THIS TRASH WAR AIN'T GONNA SOLVE ITSELF YA KNOW

Dadbod Apocalypse posted:

Every time bitcoin fights its way back up, we all die a little.

We will live forever.

# ? Feb 5, 2018 18:53

Sten Freak: Sep 10, 2008; Despite all of these shortcomings, the Sten still has a long track record of shooting people right in the face.; College Slice

Sten Freak posted:

Do I hear 7100?!

# ? Feb 5, 2018 18:54

Rad Russian: Aug 15, 2007; Soviet Power Supreme!

I'm pretty sure that in any normal regulated market Bitcoin would have crashed to $1000 back in January and matched up all the textbook bubble graphs. Blatant market manipulation is what's keeping it at slow decline instead as they're propping it up with tether and trade bots to collect exchange fees and sell off more of their BTC stock for as long as possible.

# ? Feb 5, 2018 18:54

VictorianQueerLit: Aug 25, 2017

quote:

Danik - Today at 12:43 PM
Can I say
When I invested I never expected this
Danik - Today at 12:44 PM
This is so sudden
Sikk - Today at 12:44 PM
No one expected this
Bitcoin Bubbles - Today at 12:44 PM
I should have trusted my gut and left this alone.
Danik - Today at 12:44 PM
1/2 my savings
Danik - Today at 12:45 PM
Which I thought I could invest
And now I need really badly
And hate myself
Danik - Today at 12:45 PM
Can't pay for school
Danik - Today at 12:47 PM
Though if anything even if I lose 20% I can take my money out when I need jt
Danik - Today at 12:48 PM
Now it's too late to pull out
TurtleBox - Today at 12:48 PM
Is crypto dead
Mier - Today at 12:48 PM
Come off it. No one expected this.
Lucky - Today at 12:50 PM
Bitcoin can't really die

And if you feel sorry for the guy, a couple minutes later

quote:

Danik - Today at 12:55 PM
Right now I'm more triggered on how much more I could hold if I invested now rather than ath

"The problem is I don't have enough Bitcoins"

And

quote:

Danik - Today at 1:02 PM
This market literally manipulated my judgment

VictorianQueerLit fucked around with this message at 19:03 on Feb 5, 2018

# ? Feb 5, 2018 18:55

spasticColon: Sep 22, 2004; In loving memory of Donald Pleasance

How are the HODL idiots reacting to China's new ban on all cryptocurrencies? Are they going through the five stages of grief right now?

# ? Feb 5, 2018 18:55

buglord: Jul 31, 2010; Cheating at a raffle? I sentence you to 1 year in jail! No! Two years! Three! Four! Five years! Ah! Ah! Ah! Ah!; Buglord

Mr Teatime posted:

Crypto taxes: This isnt even my final form

underrated post

# ? Feb 5, 2018 18:55

Rad Russian: Aug 15, 2007; Soviet Power Supreme!

VictorianQueerLit posted:

What is dead can never die.

# ? Feb 5, 2018 18:56

Burt Sexual: Jan 26, 2006; by Jeffrey of YOSPOS; Switchblade Switcharoo

VictorianQueerLit posted:

And if you feel sorry for the guy, a couple minutes later

"The problem is I haven't don't have enough Bitcoins"

I really appreciated the irony in this guys name

Bitcoin Bubbles - Today at 12:44 PM
I should have trusted my gut and left this alone.

# ? Feb 5, 2018 18:57

The Glumslinger: Sep 24, 2008; Coach Nagy, you want me to throw to WHAT side of the field?; Hair Elf

VictorianQueerLit posted:

And if you feel sorry for the guy, a couple minutes later

"The problem is I don't have enough Bitcoins"

quote:

Mier - Today at 12:48 PM
Come off it. No one expected this

Truly, no one could have expected this except everyone yelling it was a bubble

# ? Feb 5, 2018 18:58

Double Bill: Jan 29, 2006

7000 exactly on GDAX. One more loving dollar, come on.

# ? Feb 5, 2018 19:00

Rad Russian: Aug 15, 2007; Soviet Power Supreme!

$7000 even with a huge wall on GDAX!

Edit: pop the champagne boys

# ? Feb 5, 2018 19:00

stab: Feb 12, 2003; To you from failing hands we throw the torch, be yours to hold it high

Double Bill posted:

7000 exactly on GDAX. One more loving dollar, come on.

royal rumble of paywall fights

oh hello the 6000's

# ? Feb 5, 2018 19:00

Double Bill: Jan 29, 2006

There it is, 69XX, thread delivered

# ? Feb 5, 2018 19:01

Brain Curry: Feb 15, 2007; People think that I'm lazy
People think that I'm this fool because
I give a fuck about the government
I didn't graduate from high school

Under 7000$!

# ? Feb 5, 2018 19:01

shiksa: Nov 9, 2009; i went to one of these wrestling shows and it was... honestly? frickin boring. i wanna see ricky! i want to see his gold chains and respect for the ftw lifestyle

oh dang that wall didnt last very long at all.

# ? Feb 5, 2018 19:01

AARP LARPer: Feb 19, 2005; THE DARK SIDE OF SCIENCE BREEDS A WEAPON OF WAR; Buglord

# ? Feb 5, 2018 19:01

is pepsi ok: Oct 23, 2002

spasticColon posted:

How are the HODL idiots reacting to China's new ban on all cryptocurrencies? Are they going through the five stages of grief right now?

According to the front page of /r/cryptocurrency, China totally isn't banning crypto, tether FUD has been debunked, and the current crash is just proof of how much it is going to go up soon.

# ? Feb 5, 2018 19:02

Harveygod: Jan 4, 2014; YEEAAH HEH HEH HEEEHH

YOU KNOW WHAT I'M SAYIN

THIS TRASH WAR AIN'T GONNA SOLVE ITSELF YA KNOW

Uranium 235 posted:

what do you guys think, do we need to hit 6000 exactly or can we just get "close enough" and pop off the champagne?

6000. No compromise.

Double Bill posted:

There it is, 69XX, thread delivered

Call me when it's 6969.

# ? Feb 5, 2018 19:02

normal contact: Mar 19, 2010

Steady on boys, thread title isn't true for another $1000

# ? Feb 5, 2018 19:02

The Glumslinger: Sep 24, 2008; Coach Nagy, you want me to throw to WHAT side of the field?; Hair Elf

# ? Feb 5, 2018 19:02

ryde: Sep 9, 2011; God I love young girls

Below 7k on Coinbase. Thread title going to be relevant again soon!

# ? Feb 5, 2018 19:02

Mirthless: Mar 27, 2011; by the sex ghost

The Glumslinger posted:

Truly, no one could have expected this except everyone yelling it was a bubble

they were so absolutely convinced that bitcoin really could sustain exponential growth that they completely shut themselves out of the possibility of a market collapse

bitcoin is rocketing towards the cost to mine it, i do not think it will survive when it passes that point, esp with it becoming harder to buy and getting banned outright in other countries

# ? Feb 5, 2018 19:02

Burt Sexual: Jan 26, 2006; by Jeffrey of YOSPOS; Switchblade Switcharoo

I'm going to buy at $6969.69

e: no way

The Glumslinger posted:

# ? Feb 5, 2018 19:02

Mirthless: Mar 27, 2011; by the sex ghost

The Glumslinger posted:

no loving way

edit: lmao it's real

https://en.wikipedia.org/wiki/Tulip_mania

quote:

The lack of consistently recorded price data from the 1630s makes the extent of the tulip mania difficult to discern. The bulk of available data comes from anti-speculative pamphlets by "Gaergoedt and Warmondt" (GW) written just after the bubble. Economist Peter Garber collected data on the sales of 161 bulbs of 39 varieties between 1633 and 1637, with 53 being recorded by GW. Ninety-eight sales were recorded for the last date of the bubble, February 5, 1637, at wildly varying prices. The sales were made using several market mechanisms: futures trading at the colleges, spot sales by growers, notarized futures sales by growers, and estate sales. "To a great extent, the available price data are a blend of apples and oranges", according to Garber.[34]

# ? Feb 5, 2018 19:03