milwaukee mike Posted January 21, 2018 Report Share Posted January 21, 2018 nobody ever wanted to talk to me about cryptos until they got to 15k btc/1k eth makes no sense to me, but that's human nature like people rushing to the store to buy a $100 jacket just because they raised the price to $500, weird Quote Link to comment Share on other sites More sharing options...
Colonel Lingus Posted January 22, 2018 Report Share Posted January 22, 2018 if you compare side by side the current BTC chart to the Nasdaq chart from the 1994-2002 and silver from 2000-2012 they are identical - just to name two examples of bubbles out of many. Just FYI Got no dog in this. Quote Link to comment Share on other sites More sharing options...
sports j Posted January 22, 2018 Report Share Posted January 22, 2018 bump Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 22, 2018 Report Share Posted January 22, 2018 Not a good day for BTC Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 22, 2018 Report Share Posted January 22, 2018 Lower highs and lower lows, not good, what did it bottom at last week, was it high 8's? Watch to see if it goes lower. Quote Link to comment Share on other sites More sharing options...
sleepy Posted January 22, 2018 Report Share Posted January 22, 2018 I panic and sold my last .300 at 9800 last week These shitcoins will never see 20k again Quote Link to comment Share on other sites More sharing options...
Dingo Posted January 22, 2018 Report Share Posted January 22, 2018 Getting harder and harder to keep the faith that’s for sureYouTube full of people who lost their life savings mostly younger kids in there 30sCrypto currency was another outlet for my gambling never treated it like an investment Just hope the posters at TGF have not done too poorly as it was a great opportunity for some of us Quote Link to comment Share on other sites More sharing options...
Colonel Lingus Posted January 22, 2018 Report Share Posted January 22, 2018 if BTC does crash and settle out at say...$2000.....what does it do to the sports book industry? How many books go under b/c they were on the wrong side of the trade? Quote Link to comment Share on other sites More sharing options...
Dingo Posted January 22, 2018 Report Share Posted January 22, 2018 if BTC does crash and settle out at say...$2000.....what does it do to the sports book industry? How many books go under b/c they were on the wrong side of the trade? That’s what futures are forWould highly doubt that they are holding a lot at this point Quote Link to comment Share on other sites More sharing options...
rito Posted January 22, 2018 Report Share Posted January 22, 2018 if BTC does crash and settle out at say...$2000.....what does it do to the sports book industry? How many books go under b/c they were on the wrong side of the trade? 2k still double what it was a year ago. for books ( and me ) i'd like to see it settle somewhere and not swing so much Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted January 22, 2018 Report Share Posted January 22, 2018 This shit sucks Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 22, 2018 Report Share Posted January 22, 2018 This shit sucks Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 22, 2018 Report Share Posted January 22, 2018 if BTC does crash and settle out at say...$2000.....what does it do to the sports book industry? How many books go under b/c they were on the wrong side of the trade?Dont kid yourself, it could go a hell of a lot lower than 2k(like 2 dollars). It's worth nothing, all you own is a 45 digit number in cyberspace. Quote Link to comment Share on other sites More sharing options...
GreenDoberman Posted January 23, 2018 Report Share Posted January 23, 2018 Interesting article I read for those old enough to remember: http://www.slate.com/articles/health_and_science/science/2015/02/beanie_babies_bubble_economics_and_psychology_of_a_plush_toy_investment.html I took a paragraph out of this article and replaced the word Beanie Baby with Cryptocurrency, bolded the parts that were edited: From this distance, it’s easy to laugh at Crytpocurrency fever, to mock it as just another pointless fad in a chintzy, hollow decade. But in the latter part of the 2010s, Cryptocurrencies were so much more than a fad: They were a mania, an obsession that ensnared otherwise responsible adults who lost all sense of perspective over these cyber coins. People sold—and bought—some rare Cryptocurrencies for $5,000 each and expected others to skyrocket in value. Looking back, it’s clear that the Cryptocurrency craze was an economic bubble, fueled by frenzied speculation and blatantly baseless optimism. Bubbles are quite common, but bubbles over toys are not. Why did America lose its mind over cryptocurrencies? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 23, 2018 Report Share Posted January 23, 2018 Interesting article I read for those old enough to remember: http://www.slate.com/articles/health_and_science/science/2015/02/beanie_babies_bubble_economics_and_psychology_of_a_plush_toy_investment.html I took a paragraph out of this article and replaced the word Beanie Baby with Cryptocurrency, bolded the parts that were edited: From this distance, it’s easy to laugh at Crytpocurrency fever, to mock it as just another pointless fad in a chintzy, hollow decade. But in the latter part of the 2010s, Cryptocurrencies were so much more than a fad: They were a mania, an obsession that ensnared otherwise responsible adults who lost all sense of perspective over these cyber coins. People sold—and bought—some rare Cryptocurrencies for $5,000 each and expected others to skyrocket in value. Looking back, it’s clear that the Cryptocurrency craze was an economic bubble, fueled by frenzied speculation and blatantly baseless optimism. Bubbles are quite common, but bubbles over toys are not. Why did America lose its mind over cryptocurrencies? manias are fun while they last people in recent years have jacked up prices of stuff like the princess beanie baby to $100,000... if you look on ebay you'll always find absurd prices for different versions of princess that aren't really rare or special, total scammers Quote Link to comment Share on other sites More sharing options...
Colonel Lingus Posted January 23, 2018 Report Share Posted January 23, 2018 this is prob the last chance you have to sell BTC above 10k Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 23, 2018 Report Share Posted January 23, 2018 this is prob the last chance you have to sell BTC above 10k Holy submarines BATMAN! Quote Link to comment Share on other sites More sharing options...
Colonel Lingus Posted January 23, 2018 Report Share Posted January 23, 2018 Holy submarines BATMAN!rumor has it KGB made a large purchase so of course that marked the exhaustion top - the left out move, buy in after the dip - dispshits wish i was able to fade - bitfinex closed shop - could not short Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 23, 2018 Report Share Posted January 23, 2018 this is prob the last chance you have to sell BTC above 10k yeah because pretty soon you'll have to sell it above 11k Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 23, 2018 Report Share Posted January 23, 2018 rumor has it KGB made a large purchase so of course that marked the exhaustion top - the left out move, buy in after the dip - dispshits wish i was able to fade - bitfinex closed shop - could not short You can short on Kraken. Quote Link to comment Share on other sites More sharing options...
rito Posted January 23, 2018 Report Share Posted January 23, 2018 You can short on Kraken. They have no plans to verify new accounts. Can open one and do nothing with it. Quote Link to comment Share on other sites More sharing options...
ronald Posted January 23, 2018 Report Share Posted January 23, 2018 Interesting article I read for those old enough to remember: http://www.slate.com/articles/health_and_science/science/2015/02/beanie_babies_bubble_economics_and_psychology_of_a_plush_toy_investment.html I took a paragraph out of this article and replaced the word Beanie Baby with Cryptocurrency, bolded the parts that were edited: From this distance, it’s easy to laugh at Crytpocurrency fever, to mock it as just another pointless fad in a chintzy, hollow decade. But in the latter part of the 2010s, Cryptocurrencies were so much more than a fad: They were a mania, an obsession that ensnared otherwise responsible adults who lost all sense of perspective over these cyber coins. People sold—and bought—some rare Cryptocurrencies for $5,000 each and expected others to skyrocket in value. Looking back, it’s clear that the Cryptocurrency craze was an economic bubble, fueled by frenzied speculation and blatantly baseless optimism. Bubbles are quite common, but bubbles over toys are not. Why did America lose its mind over cryptocurrencies? Poster BAUS was a beanie baby dealer about 15 years ago. True story. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 23, 2018 Report Share Posted January 23, 2018 Poster BAUS was a beanie baby dealer about 15 years ago. True story.Remember pokemon? Quote Link to comment Share on other sites More sharing options...
BAUS Posted January 23, 2018 Author Report Share Posted January 23, 2018 Poster BAUS was a beanie baby dealer about 15 years ago. True story.It is true. Around 1999-2000 the bears Maple and Chinook were purchased from me across the globe. What idiots! BAUS Quote Link to comment Share on other sites More sharing options...
RudyRuder Posted January 23, 2018 Report Share Posted January 23, 2018 I hope bankruptcy Quote Link to comment Share on other sites More sharing options...
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