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shitcoins at 7500

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443 replies to this topic

#1
sleepy

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circling around the bowl

 

only a matter of time now



#2
sleepy

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7250

#3
RudyRuder

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I am fine with guys losing hundreds of thousands of dollars as long as my transfer fee goes back down



#4
IAG

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I just bought a bit at 7220
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
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#5
trytrytry

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wait for 6400 sleepy


<span style='color: #800080'><span style='font-size: px;'><span style='font-family: lucida sans unicode'><strong class='bbc'>ALL I DO IS TRYTRYTRY</strong></span></span></span>

#6
milwaukee mike

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I just bought a bit at 7220

 

you got rid of most/all of your crap alt coins though right?

 

not sure why you would step in front of a train at 7200 but good luck with it



#7
sleepy

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you got rid of most/all of your crap alt coins though right?

not sure why you would step in front of a train at 7200 but good luck with it


No shit

I'd rather have you slap my pecker than buy these

#8
Dingo

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you got rid of most/all of your crap alt coins though right?
 
not sure why you would step in front of a train at 7200 but good luck with it


All markets hate uncertainty and that is exactly what we have right now
I can see BTC at 4K

#9
sleepy

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7100

#10
joeybagadonuts

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"Cryptic bets, hot dog/hamburger discussion, threats, wigger cucumber, and so on. Good thread. Helps with the insomnia and is more fun than Statistics homework."

#11
ajt

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Glad I don't have any money tied up in this shit.



#12
IAG

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you got rid of most/all of your crap alt coins though right?
 
not sure why you would step in front of a train at 7200 but good luck with it



Sucker for punishment? Guilt for making too much money too quickly? My new gambling fix?
Who knows.

Sold off most alts, but still have still have a handful. Keep in mind it’s not the first time bitcoin has crashed like this. I held ETH when it went from 420 to sub 200, Andto 1300 with in six months. Maybe I’m too immune.

The technology has not changed. It’s not going anywhere. Governments and banks are doing their best to make it go away...it’s not as if something changed in the tech ...Some say valuations still out of hand as most coins are still up hundreds if not thousands of percent on the 90 day. I think the biggest threat short term is Tether situation. If that plays out badly, I could be waiting a long time for recovery. If somehow they can show they have the money, bribe the SEC, whatever, should be fairly quick bounce.

For now I’m not even looking at my Binance account. Nowhere safe to really hide. Even DGD is way down. That had been the hiding place for a while.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#13
IAG

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I am a little worried this is front running about what’s to come at tomorrow’s SEC meeting. If Tether/Bitfinex go down, will be brutal.

I’ll be watching live online.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#14
IAG

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These are the people I feel terrible for.

http://fortune.com/2...etting-crushed/


https://www.bloomber...-pledge-to-hodl


I have a couple friends who didn’t buy at the top, but high....I sold one half a bitcoin at 14,000, so I know he’s getting rekd. Thing is, I didn’t even want to part with that BTC at that time. He just had no other out, so I gave it to him. Now I’m glad I did, but feel kind of bad.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#15
KingRevolver

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Time to buy again?

#16
milwaukee mike

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Sucker for punishment? Guilt for making too much money too quickly? My new gambling fix?
Who knows.

Sold off most alts, but still have still have a handful. Keep in mind it’s not the first time bitcoin has crashed like this. I held ETH when it went from 420 to sub 200, Andto 1300 with in six months. Maybe I’m too immune.

The technology has not changed. It’s not going anywhere. Governments and banks are doing their best to make it go away...it’s not as if something changed in the tech ...Some say valuations still out of hand as most coins are still up hundreds if not thousands of percent on the 90 day. I think the biggest threat short term is Tether situation. If that plays out badly, I could be waiting a long time for recovery. If somehow they can show they have the money, bribe the SEC, whatever, should be fairly quick bounce.

For now I’m not even looking at my Binance account. Nowhere safe to really hide. Even DGD is way down. That had been the hiding place for a while.

 

yes it is

 

btc has seen drops before but not 70% in day after day punishment

 

if government and banks are doing their best to make it go away, then it goes away

 

it was fun on the way up, but i would bet every dollar i own that the total crypto market cap is MUCH lower a year from now



#17
IAG

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yes it is
 
btc has seen drops before but not 70% in day after day punishment
 
if government and banks are doing their best to make it go away, then it goes away
 
it was fun on the way up, but i would bet every dollar i own that the total crypto market cap is MUCH lower a year from now


Well it dropped 93 percent in 2011, but over a period of months...but given how fast the run up was, not surprising it has happened that quickly.

I just think the U.S government wouldn’t want to give up that tax revenue, but idk. Hell they were probably in cahoots with Bitfinex and Tether to run up the price so everyone would have to pay tax (after clarifying the no like kind transaction rule end of Dec) and then crashed it so their boys could hit their shorts. Would be better in many ways if it was more regulated, but then it would be boring. I might as well invest in the stock market.

I’m probably being silly in letting it ride...but no guts no glory. Every dollar you own? What is “much lower?” I might be interested in a friendly wager. Certainly not everything I own. I wouldn’t bet everything I own on bitcoin one where the other.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#18
IAG

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BTC dominance at 36+percent. Haven’t seen that for a long time. Definitely won’t be logging in to Binance . That’s where all the shit coins are.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#19
FISHHEAD

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Now

down

LIFETIME

with

this

COIN...........


PROFESSIONAL ADVANTAGE GAMBLER

#20
milwaukee mike

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Well it dropped 93 percent in 2011, but over a period of months...but given how fast the run up was, not surprising it has happened that quickly.

I just think the U.S government wouldn’t want to give up that tax revenue, but idk. Hell they were probably in cahoots with Bitfinex and Tether to run up the price so everyone would have to pay tax (after clarifying the no like kind transaction rule end of Dec) and then crashed it so their boys could hit their shorts. Would be better in many ways if it was more regulated, but then it would be boring. I might as well invest in the stock market.

I’m probably being silly in letting it ride...but no guts no glory. Every dollar you own? What is “much lower?” I might be interested in a friendly wager. Certainly not everything I own. I wouldn’t bet everything I own on bitcoin one where the other.

 

how bout that rental property i had my eye on?   :laugh



#21
IAG

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how bout that rental property i had my eye on? :laugh


Sheeeeet. That’s a good portion of my retirement. I like to put money in things that are not liquid so I limit stupid things like buy shitcoins! ....plus if shit really hits the fan I will at least have a place to live lol.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION

#22
milwaukee mike

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Sheeeeet. That’s a good portion of my retirement. I like to put money in things that are not liquid so I limit stupid things like buy shitcoins! ....plus if shit really hits the fan I will at least have a place to live lol.

 

that's a really good idea

 

why i buy gold... way too often there's a pile of cash here and i grab it and piss it away at the casino... grind along, grind along, then get the dumb idea to bet 1k/hand on paigow



#23
MonkeyF0cker

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yes it is

 

btc has seen drops before but not 70% in day after day punishment

 

if government and banks are doing their best to make it go away, then it goes away

 

it was fun on the way up, but i would bet every dollar i own that the total crypto market cap is MUCH lower a year from now

 

Yes.  The irrational exuberance is mostly over.  The technology HASN'T changed and that is exactly the problem.  Blockchains do not currently scale to massive consumption.



#24
WeinkeToWarrick

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Fuck these things

#25
IAG

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that's a really good idea
 
why i buy gold... way too often there's a pile of cash here and i grab it and piss it away at the casino... grind along, grind along, then get the dumb idea to bet 1k/hand on paigow



Lol yeah. I have to be very careful if I want to keep myself in the mediocre lifestyle to which I’ve become accustomed.


Just checked Zillow and it says price decreased 5k in last 30 days! What’s up with that?
"One day you're the cock of the walk, the next you're a feather duster."<br><br>
SP NATION




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