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Jombo
Feb 20, 2009
bitcoin is my sport

my superbowl started in ~2012

my team is red

my team is killing it

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Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here

null
Feb 19, 2003

by FactsAreUseless
Fun Shoe
they killed net neutrality so they can tax the blockchain...screenshot this so you can print it out and frame it when it shows up in the wall street journal

ymgve
Jan 2, 2004


:dukedog:
Offensive Clock

Alpha Mayo posted:

I was thinking about shorting everything long term on margin earlier with a couple thousand, then I realized that there's a significant chance thatmost of the exchanges are just gonna disappear when this is all over with so it becomes lose/lose. Much funner to just sit on the sidelines and not get poop all over my hands.

By holding USD or other normal currencies you're implicitly shorting Bitcoin. Don't touch the poop, even with gloves.

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

VictorianQueerLit posted:

Sorry, I had been just copying the link off the subreddit. No idea what their problem is.

https://discord.gg/4hSy262

That should be a permanent invite.

Things are probably gonna get good when it breaks $6,000.

thank u for this.

null
Feb 19, 2003

by FactsAreUseless
Fun Shoe
Has this thread reached a consensus on when it's time to buy? Don't feel like going back and reading 10 pages to see.

Uranium 235
Oct 12, 2004

Virtue posted:

I really thought we'd see a 1-2k+ rally by this point. Is this house of cards finally tumbling down
huge bounces usually don't come until there's a massive spike in sell volume and the price seems to be in freefall

i think we need to see a break of 6000 to see a bounce on the magnitude of what we saw earlier today (15% in 30 minutes or so)

CommieGIR
Aug 22, 2006

The blue glow is a feature, not a bug


Pillbug

null posted:

Has this thread reached a consensus on when it's time to buy? Don't feel like going back and reading 10 pages to see.

Don't touch the poop

Harveygod
Jan 4, 2014

YEEAAH HEH HEH HEEEHH

YOU KNOW WHAT I'M SAYIN

THIS TRASH WAR AIN'T GONNA SOLVE ITSELF YA KNOW

null posted:

Has this thread reached a consensus on when it's time to buy?

Yes: 2 years ago

LanceHunter
Nov 12, 2016

Beautiful People Club


null posted:

Has this thread reached a consensus on when it's time to buy? Don't feel like going back and reading 10 pages to see.

Don't buy until Bitfinex closes its doors. Until that happens, there's still another big shoe left to drop.

Pivotal Lever
Sep 9, 2003

Khorne posted:

I put 100% of my portfolio into shorting the VIX a few months ago. I saw it on Forbes. Seemed legit, unlike this cryptu garbage.

This joke is even better now that XIV is being liquidated tomorrow, lmao. Hopefully it isn't the catalyst for a crash...

Alpha Mayo
Jan 15, 2007
hi how are you?
there was this racist piece of shit in your av so I fixed it
you're welcome
pay it forward~
Put a $60 buy order of bitcoin at a dollar each and hope you get lucky and they just clear out the entire order book before leaving

I would blow Dane Cook
Dec 26, 2008
Can someone explain what XIV is all about and why it's melting down?

Bip Roberts
Mar 29, 2005

Harveygod posted:

Yes: 2 years ago

Except not two years ago in a way that it all got stolen between then and now.

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
bitcoin is at $6000. wtf!

Powershift
Nov 23, 2009


Powershift posted:

2858 coins to thread title.

983 coins to thread title. Almost 2k gone in an hour and a half.

Uranium 235
Oct 12, 2004

so clooose

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:

I would blow Dane Cook posted:

Can someone explain what XIV is all about and why it's melting down?

In the bitcoin thread?

Why don't you go read the stock market trading thread in BFC?

Rad Russian
Aug 15, 2007

Soviet Power Supreme!
Well discord is full of optimism:

"Still not worried, just makes this a better buying opportunity. And even if the buywall at 61 is gone, the psycholgoical barrier at 6k isn't going anywhere"

So yeah below 6K will be suicide watch.

Lote
Aug 5, 2001

Place your bets
Almost there.

Stay on target.

null
Feb 19, 2003

by FactsAreUseless
Fun Shoe
Should I be rooting to bitcoin to go up or down? :question:

Toilet Terror
Aug 5, 2006
Swirlie

Rad Russian posted:

Well discord is full of optimism:

"Still not worried, just makes this a better buying opportunity. And even if the buywall at 61 is gone, the psycholgoical barrier at 6k isn't going anywhere"

So yeah below 6K will be suicide watch.

That one may or may not but definitely isn't sincere, sorry.

stab
Feb 12, 2003

To you from failing hands we throw the torch, be yours to hold it high
Wow this sure is something else

Kibbles n Shits
Apr 8, 2006

burgerpug.png


Fun Shoe

null posted:

Should I be rooting to bitcoin to go up or down? :question:

Depends on how much you want to see techno libertarians collectively lose their poo poo and probably start offing themselves

Powershift
Nov 23, 2009


https://www.youtube.com/watch?v=u9VMfdG873E&t=19s

Papa Was A Video Toaster
Jan 9, 2011





null posted:

Has this thread reached a consensus on when it's time to buy? Don't feel like going back and reading 10 pages to see.

The best time to buy Bitcoin was in 2012, the next best time is :suicide:

Papa Was A Video Toaster fucked around with this message at 05:55 on Feb 6, 2018

joats
Aug 18, 2007
stupid bewbie
It's so close that my scrotum is shrinking.

stab
Feb 12, 2003

To you from failing hands we throw the torch, be yours to hold it high
Man won't it be funny when the tether printer wakes up, prints a couple billion funny bucks, and the price shoots up back over 10k?

I'd love to see the hodlers laugh at our "doubt"

The Glumslinger
Sep 24, 2008

Coach Nagy, you want me to throw to WHAT side of the field?


Hair Elf
Guess what I just remembered existed


https://twitter.com/BitmexRekt/status/960735239361441792

https://twitter.com/BitmexRekt/status/960730554651029509

https://twitter.com/BitmexRekt/status/960717388521132034

https://twitter.com/BitmexRekt/status/960713119612973062

https://twitter.com/BitmexRekt/status/960711992725196800

https://twitter.com/BitmexRekt/status/960711870045937665

https://twitter.com/BitmexRekt/status/960690396421554177

https://twitter.com/BitmexRekt/status/960655603931676673

slidebite
Nov 6, 2005

Good egg
:colbert:

But it's just like every other dip and the hodlers will win at the end

~compares it to mainstream equity crashes while screaming how different bitcoin is from everything else and it's not a fair comparison to treat it like those unless the comparison works to their favor~ :shepspends:

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
https://www.youtube.com/watch?v=Lc4FwA1O51Y

stab
Feb 12, 2003

To you from failing hands we throw the torch, be yours to hold it high
60 bucks away

Edit: 50

The Glumslinger
Sep 24, 2008

Coach Nagy, you want me to throw to WHAT side of the field?


Hair Elf
We're approaching the giant loving buy wall at 6K

joats
Aug 18, 2007
stupid bewbie

stab posted:

60 bucks away

Edit: 50

https://www.youtube.com/watch?v=9km1EQTDdqo

joats fucked around with this message at 06:01 on Feb 6, 2018

Rad Russian
Aug 15, 2007

Soviet Power Supreme!

The Glumslinger posted:

We're approaching the giant loving buy wall at 6K

We gotta defeat the bullwhale at 6K

Virtue
Jan 7, 2009

The Glumslinger posted:

We're approaching the giant loving buy wall at 6K

It's probably fake

Kibbles n Shits
Apr 8, 2006

burgerpug.png


Fun Shoe
It's kind of mesmerizing watching the graphs race up and down and knowing it's all driven merely by stupidity and greed.

Alpha Mayo
Jan 15, 2007
hi how are you?
there was this racist piece of shit in your av so I fixed it
you're welcome
pay it forward~

I would blow Dane Cook posted:

Can someone explain what XIV is all about and why it's melting down?

XIV is basically a short against market volatility. Since the market is 'correcting' (crashing) the volatility is so loving high that it literally imploded it entirely. It means we are hosed in the real economy. But maybe go read CSPAM or something to learn about that, this is about the market that is a step below the Stalk Market in Animal Crossing.

slidebite
Nov 6, 2005

Good egg
:colbert:

Thrive on name like, oh, Enron, Bre-Ex and Bernie Madoff and heck Manuel Noriega. Having a name people recognize is great.

Only registered members can see post attachments!

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Rad Russian
Aug 15, 2007

Soviet Power Supreme!
Yeah XIV tracks market volatility. During the day's bloodbath on Dow and Nasdaq, XIV was only down like 14%. So far in after hours trading it's down 80%. So tomorrow is gonna be chaos.

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