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Bitcoin Talk

EasyGoing

Member
Don't forget the control that the US Dollar printing press grants to the psychopaths that pull the strings.

Right! So many people will say things like, "crypto can be manipulated. Crypto isn't safe. Crypto contributes to crime."

Well, what is the number one currency that better fits those descriptions? The DOLLAR!!!!! I mean shoot, we have printed 4 trillion dollars in the last 10 years. That is market manipulation right? Anybody have a dollar stolen from you before? More so than any other currency? Then world wide crime...... yes, the dollar is king here too. Obama sent $450,000,000 in cash on pallets to Iran for Christ sake. Wake up folks.



The one and only problem governments have with crypto, is they cant control it
 

yesum

Well-known member
ICMag Donor
Veteran
Guys remember, they CAN"T stop crypto. That is the best thing about crypto. They can hurt it, they can regulate it, but there is no stopping it. It's buy time folks, not fear time. Could you imagine if Apple had this kind of negative news across the world? It would go bankrupt. That fact that crypto isn't bankrupt after the hardcore attacks tells you something. Listen to what it's saying. There will be a point, where this takes off and the governments will never be able to catch back up. Crypto is subject to Moore's law, government is slower than snot.

Moore's law describes a driving force of technological and social change, productivity, and economic growth. Moore's law is an observation or projection and not a physical or natural law. Although the rate held steady from 1975 until around 2012, the rate was faster during the first decade.




With that said, I will be waiting for the Feds meeting on Feb 6th before I purchase anymore. This cash is burning a hole in my pocket.


Crypto is not going away but your profits might be. Going from a dollar to thousands in a few years is not sustainable for any currency, no? I mean Bitcoin could go down to a hundred dollars or lower, easy. Just saying.

I am heavy in stocks so not laughing or judging you guys. I got wrecked last week and now today. The reason I feel better in stocks is they have not gone up 100x in a few years as some of the coins have.

Gonna check NEO, the one I was gonna buy at 20 cents but did not trust Coinexchange or whatever the place is that you purchase it.
 
G

ganjygav

I reckon bitcoin is gonna drop to were it was last April by April this year.
I wouldn't like to be sat on it at the moment watching it dive. I think I would have pulled the trigger and sold by now.
 

Douglas.Curtis

Autistic Diplomat in Training
Looks like a lot of folks already pulled the trigger. :D

It's a loss when you sell it for less than you bought it. Holding a coin while the price goes down is not a loss. Though a coin can be killed or die out, it isn't easy and crypto just started. We probably have a few decades left before our nation's leaders nuke the planet. Plenty of time to gain significant value again. LOL
 

EasyGoing

Member
First off, who ever hasn't sold yet, doesn't know how to play the game. When things are going up, you make your profits. When things are going down, you up your position on coins. So right now, everybody should have most of their cash flow in dollars, looking for a spot to buy back in at. I have upped my potition in BTC and Tron big time during this dip.

Hope it goes back up now........ I was playing the year long hodl game anyway. By Dec things will be back up.

As for the stock market, things took a dump yesterday. Largest loss in stock market history. Wonder if today will be any better?
 

GMT

The Tri Guy
Veteran
I can't pull the trigger again. Did it a few times on the way down, only to watch a bounce. Jumped in on the bounce, thinking it was a recovery, only to ride it lower: and repeat. Figures are so low now that I have to hold on. With the value of the dollar having fallen too, I'm close to where I started 5 weeks ago. That's after an 86% profit during the first 4 of them doing 500 trades and long hours. This game either collapses or recovers, right now it's not worth playing frogger with coins.
 
R

Rubber Chicken

I can't pull the trigger again. Did it a few times on the way down, only to watch a bounce. Jumped in on the bounce, thinking it was a recovery, only to ride it lower: and repeat. Figures are so low now that I have to hold on. With the value of the dollar having fallen too, I'm close to where I started 5 weeks ago. That's after an 86% profit during the first 4 of them doing 500 trades and long hours. This game either collapses or recovers, right now it's not worth playing frogger with coins.

I thought seemed like more of a patient type.....

It's all still very early adoption of CC's.
 

Morphote

Active member
Veteran
First off, who ever hasn't sold yet, doesn't know how to play the game. When things are going up, you make your profits. When things are going down, you up your position on coins. So right now, everybody should have most of their cash flow in dollars, looking for a spot to buy back in at. I have upped my potition in BTC and Tron big time during this dip.

Hope it goes back up now........ I was playing the year long hodl game anyway. By Dec things will be back up.

As for the stock market, things took a dump yesterday. Largest loss in stock market history. Wonder if today will be any better?

Haven't sold. Won't sell. Going long. Different game. If you're into stocks & bitcoin look up Nvidia.

M.
 

englishrick

Plumber/Builder
Mentor
ICMag Donor
Veteran
i just got a bot platform...imo this is the only way to play

I have currently made more bots than I can count using combinations of Bollinger bands . rsi. wma. itchyclouds. eliot wave.

in future I will be playing mostly the tether markets. arbitrarge, scalping and marker making between btc eth tether neo ltc and bcc. this makes "locking in gains" via tether tether only one stop loss away ...
 

Douglas.Curtis

Autistic Diplomat in Training
Tether? The nearly $2Billion USD asset backed coin, with issues validating their nearly $2B in USD reserves?
 

EasyGoing

Member
Bought a bunch of BTC at 6200 yesterday......... STOKED! Upped my position of Tron at 2 cents! STOKED.

Anybody else take advantage of the sales?
 

Kankakee

Member
I told you bitcoin would not find floor until $6,000

it will be short lived but in the long run will not matter. Very soon short convexity will unfold across bond and equity markets. this casino gonna blow as a market blowup driven by lehman brothers event but on a sovereign level as a modern economy disintegrates tossing the global markets into chaos ... the nation states are the markets now / risk

you can't solve a debt deflation issue with more debt. it's gonna get very, very , very bad. could be tomorrow, could be in three years. but when it hits bitcoin profits will be at the back of mind as the real economy and social unrest will be top of mind.

The global central banks have no control, as they take from the future production they also multiply unknown risks. The last few days are tremors before the 14.6 quake strikes
 

Chappi

Active member
Bought a bunch of BTC at 6200 yesterday......... STOKED! Upped my position of Tron at 2 cents! STOKED.

Anybody else take advantage of the sales?

I was tempted below 6000 but I just don’t want to gamble anymore, I need to see a sign that trend has changed.
 
R

Rubber Chicken

Generally do the opposite of your first instinct.
Don't think too hard.

That's my feeling. :bigeye:
 
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