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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
The natural evolution of money is Bitcoin

https://twitter.com/thebtctherapist/...035052024?s=46
Last edited by ChiefRocka; 11-13-2024 at 06:11 AM..
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ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.ChiefRocka Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 01-17-2018, 08:55 AM   #1291
BossChief BossChief is offline
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Quote:
Originally Posted by BWillie View Post
BTC futures market expires Jan 17 hence the market sell off. Theres a massive short position by banks and institutions and they will be in the money. Their market manipulation worked. JPM bought tons of BTC last yr just to leverage it on exchanges & short bitcoin.
So their next move would be to rebuy low and push it back up
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Old 01-17-2018, 09:04 AM   #1292
Eleazar Eleazar is offline
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It's amazing how you read about the Bitcoin market from Bitcoin enthusiasts and even as the currency is roller coastering up and down, crashing by 100% in a matter of days, no one is losing. Everyone is making money. From the big banks to the cheeto-fingered laptop jockeys, everyone is making a killing and the money is coming from no one.
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Old 01-17-2018, 09:47 AM   #1293
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Originally Posted by Eleazar View Post
It's amazing how you read about the Bitcoin market from Bitcoin enthusiasts and even as the currency is roller coastering up and down, crashing by 100% in a matter of days, no one is losing. Everyone is making money. From the big banks to the cheeto-fingered laptop jockeys, everyone is making a killing and the money is coming from no one.
I'm not sure what you're calling a 100% crash, but the crypto market is up ~2400% from one year ago, as of today. And that's including losing almost 50% of the overall marketcap over the past 10 days. So, yeah, it's incredibly volatile, as any reasonable investor will tell you, but a lot of people are still way up on their portfolio overall, with the insane growth over the past year.
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Old 01-17-2018, 10:56 AM   #1294
Jewish Rabbi Jewish Rabbi is offline
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Quote:
Originally Posted by Eleazar View Post
It's amazing how you read about the Bitcoin market from Bitcoin enthusiasts and even as the currency is roller coastering up and down, crashing by 100% in a matter of days, no one is losing. Everyone is making money. From the big banks to the cheeto-fingered laptop jockeys, everyone is making a killing and the money is coming from no one.
100% crash would be down to 0, so no, that hasn’t happened.

It’s like that one friend that everyone has who “always” wins at the casino, or pull tabs, or the stock market, etc. They’re happy to talk about their gains, they just never mention their losses so it seems that they’re always killing it.
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Old 01-17-2018, 11:38 AM   #1295
BWillie BWillie is offline
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Still have 0 Ripple. And feel pretty good about it.
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Old 01-17-2018, 12:15 PM   #1296
FD FD is offline
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Quote:
Originally Posted by Eleazar View Post
It's amazing how you read about the Bitcoin market from Bitcoin enthusiasts and even as the currency is roller coastering up and down, crashing by 100% in a matter of days, no one is losing. Everyone is making money. From the big banks to the cheeto-fingered laptop jockeys, everyone is making a killing and the money is coming from no one.
Nobody ever talks about their gambling losses either.
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Old 01-17-2018, 12:35 PM   #1297
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Old 01-17-2018, 01:55 PM   #1298
Demonpenz Demonpenz is offline
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I got killed on litecoin and ripple. I am stupid and a coward.
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Old 01-17-2018, 02:24 PM   #1299
ChiefRocka ChiefRocka is offline
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Quote:
Originally Posted by Demonpenz View Post
I got killed on litecoin and ripple. I am stupid and a coward.

But there’s this guy that has a crypto podcast?
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Old 01-17-2018, 02:30 PM   #1300
wutamess wutamess is offline
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I'm down 30% since the new year after almost doubling my money in a week. In my mind I was going to hold a year and see. Don't see myself changing that. It sucks to lose the money but when I sit back and think about it. I wasn't going to do shit with it anyways anytime soon if ever.
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Old 01-17-2018, 02:45 PM   #1301
MahiMike MahiMike is offline
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Look at it long term. Instead of being up 300%, we're up 30%...
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Old 01-17-2018, 04:00 PM   #1302
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Demonpenz View Post
I got killed on litecoin and ripple. I am stupid and a coward.
This game isn't for emotional traders. Gotta look at it like gamblin money and just let it ride.
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Old 01-17-2018, 04:09 PM   #1303
Dave Lane Dave Lane is offline
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This game isn't for emotional traders. Gotta look at it like gamblin money and just let it ride.
Said tulip and beanie babie speculators (look it up)
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Old 01-17-2018, 04:30 PM   #1304
eDave eDave is offline
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Instead of Ming crypto coins, you can mine prime numbers for profit. The last one just paid $3,000.

Anyone can start searching for large Mersenne primes by downloading a free program. If you strike it lucky, not only is the discovery attributed to you, there’s also a cash prize. Proving that M77232917 is prime took Pace’s computer six days of non-stop computation. Four other computers then verified the result.

https://www.newscientist.com/article...illion-digits/
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Old 01-17-2018, 06:04 PM   #1305
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Said tulip and beanie babie speculators (look it up)
Definitely the same thing.
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