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  1. #3251
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    Dont look now PG...

  2. #3252
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    Quote Originally Posted by puregravity View Post
    Re: Bloomber Finance [OPINION]

    Any shitfaced crook can get stuff printed in the Bloomberg Opinion columns.

    Ironically, Bit-Coin didn't even make it onto the Bloomberg Finance page ... at all!
    https://www.bloomberg.com/topics/finance

    Although Madoff is there a few times.
    And his scam ran 20 to 40 years even though shills on the Teton Finance Gravity page shilled his shitscam for
    years taunting naysayers with the same tripe that some folks here use to defend crypto scams.

    re: "If Bitcoin was just a bubble to begin with, why has it been bouncing back in this manner?"

    Well, that's a good question because
    most people on the street already know what's up and
    wouldn't touch crypto scum tokens and scam exchanges
    with a ten foot pole.
    Rumor has it that Bitcoin and Crypto have jumped the shark.
    Even kids can set you straight on the stupidity of the tired old crypto claims and arguments.

    But you really want to know .... why has it been bouncing back in this manner?
    Apart from pure price manipulation and printing of unbacked Tethers
    as if that wasn't enough reasons.

    LOL
    Ha ha
    Rubes.

    This is why.

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  3. #3253
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    Tyler Cowen's a somewhat influential economist from George Mason University. Writes a lot of books, has a following in conservative policy circles. Like his perspective or not, he's a prominent economist.

  4. #3254
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    Quote Originally Posted by Bobby Stainless View Post
    Dont look now PG...
    He can look, it's going to zero!
    The pacifists always lose, because the anti-pacifists kill them.

  5. #3255
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    You are too far ahead on this graph. We are just now in the 2nd wave the first sell of and media attention.

    Matters not though. I only have profit in now.



    "I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road

    Brain dead and made of money.

  6. #3256
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    Cycle complete itself in 2017. Do we just skip ahead to the bad part?
    "I don't pretend to have all the answers, and I think there's something to be said for that" -One For The Road

    Brain dead and made of money.

  7. #3257
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    Quote Originally Posted by Bobby Stainless View Post
    You are too far ahead on this graph. We are just now in the 2nd wave the first sell of and media attention.

    Matters not though. I only have profit in now.

    The sentiment cycle is a very real thing though you need to understand scale to use it effectively. 12/2017 was a blowoff top on the weekly while 6/26 was a blowoff top on the ~4hr timeframe. bitcoin needs probably a month or two of sideways consolidation between 8k and 12k.

  8. #3258
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    Two men walk into a bar wearing HODL t-shirts.
    They sit down and whip out their Ledger Hardware wallets where they store 1 Bitcoin, 10 million EOS and a bunch of other shittokens.
    Seeing the two, the bartender walks over and says "What would you like to order?"

    They each order a draft cheapest beer and start watching TV.
    Just in, some news appears about Bitcoin - something along the lines of ...
    "Bitcoin price volatility exceeds the comfort level of even the Venezuelans".

    The bartender, thinking he has a humorous thought,
    approaches the two patrons with the Ledger Hardware wallets (where they safely store their life savings)
    and says ... "Hey you two. You look like Bitcoin fanatics. I got a joke for you! Wanna hear it?"

    The two Bitcoin fanatics wearing HODL t-shirts reply in unison: "Sure sure"

    Bartender: "What goes up and down 43.5% in June and is supposed to be stable so you can do business?"
    The two think in unison and reply, "I don't know. What?"

    Bartender: "Bitcoin!!! Just look at that shit moving all over the place on the charts.
    ... Only a fool would think they can beat a virtual casino rigged by crooks that
    embraces the most fucking stupid and environmentally wasteful idea ever!"

    The two look confused, think a lot, and then reply,
    "Ya ... but at least we don't use FIAT government controlled currency!"

    Bartender: "What?! You don't have gubernmint controlled FIAT currency
    and all your money and life savings is on that shitty little USB stick with a long complicated password????"

    The two look at each other, argue a bit over whose shit tokens are worth more to hodl and then one of them says,
    "OK Smartass bartender. We got a joke for you!"

    Bartender: "Ooo kaaay. Let's hear it"

    The two argue a bit more about whether their shittokens or Bitcoin are a better investment -
    Although they can't even agree on which one is the Real Bitcoin™.
    Finally, they look at the bartender and tell him their quickly improvised joke:
    "Who is the biggest loser?"

    The bartender pours a beer for another patron, prints out a bill, and then walks over to the two,
    puts the paper down in front of them and then says, "You are. [laughs] because you HODL and you HODL stuff that's worthless!"

    The two [looking smuggly] say, "not us. lol. it's you! You should have invested in crypto! LOL. So YOU are the loser!!"

    The bartender tweaks his nose to the bouncer alerting him to a potential future problem with these patrons, and then turns to the patrons:
    "Ha ha. Funny guys. Well, I have news for you. YOU are the biggest losers!"

    "How so?" says the crypto maniacs in hodl t-shirts, still laughing to their last retort.
    Bartender: "Cause I don't accept fucking crypto and HERE'S THE BILL!"

    LOL.
    Happy 4th of July!
    I hope you are all doing well with your Future Gubbermint Block&Chain Investments™!
    LOL.

  9. #3259
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    Quote Originally Posted by puregravity View Post


    What other stupid shit you gonna come up with?

    LOL.
    SFYL
    Is it going to zero now?
    The pacifists always lose, because the anti-pacifists kill them.

  10. #3260
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    Quote Originally Posted by AKPogue View Post
    Is it going to zero now?
    survey says.... no

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  11. #3261
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    Quote Originally Posted by Bromontane View Post
    survey says.... not yet
    Fixed!

  12. #3262
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    Well maybe tomorrow it will go to zero!
    The pacifists always lose, because the anti-pacifists kill them.

  13. #3263
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    Quote Originally Posted by AKPogue View Post
    Well maybe tomorrow it will go to zero!
    Maybe not today...

    And maybe not tomorrow...

    But someday. And ALL the way to zero.


  14. #3264
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    Quote Originally Posted by Bromontane View Post
    survey says.... no

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    What Angelo said, by way of Josh.

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  15. #3265
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    You keep saying dollars when you mean Tethers.
    They aren't the same.
    Ya know

    Just in, "Bitcoin uses as much global energy as Switzerland" for just 5 to 7 transactions per second.
    The retardation of degenerate gamblers causing Global Warming, Climate Change and Extreme Weather.
    LOL.
    SFYL

  16. #3266
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    PG. Nobody is listening to you. You are boring and have been repeating yourself.

    sent from Utah.
    sigless.

  17. #3267
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    Quote Originally Posted by basinbeater View Post
    PG. Nobody is listening to you. You are boring and have been repeating yourself.

    sent from Utah.
    Just like saying bitcoin has intrinsic value, a thing isnít true just because you say itís true.
    focus.

  18. #3268
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    Quote Originally Posted by basinbeater View Post
    PG. Nobody is listening to you. You are boring and have been repeating yourself.

    sent from Utah.
    No denying he's dead on about the insane power consumption. I keep hearing "next round of machines will be more efficient". The power consumption will always be high. It's the nature of the system.

    Sent from my Pixel 2 using TGR Forums mobile app
    http://www.firsttracksonline.com

    I wish i could be like SkiFishBum

  19. #3269
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    Sideways through July

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    Market cap right about 209B so a little under 5x to get to 1 trillion bitcoin market cap. ~60k btc at that point. Pretty likely within 12 months imo.

  20. #3270
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    Hype alert: Why cyberspace isn’t, and will never be, nirvana. (Newsweek, 1995)

    https://thehustle.co/clifford-stoll-...rnet-will-fail

    After two decades online, I’m perplexed. It’s not that I haven’t had a gas of a good time on the Internet. I’ve met great people and even caught a hacker or two.But today, I’m uneasy about this most trendy and oversold community – the internet.

    Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic.

    Baloney. Do our computer pundits lack all common sense? The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works.

    Consider today’s online world. The Usenet, a worldwide bulletin board, allows anyone to post messages across the nation. Your word gets out, leapfrogging editors and publishers.

    Every voice can be heard cheaply and instantly. The result? Every voice is heard. The cacophony more closely resembles citizens band radio, complete with handles, harassment, and anonymous threats. When most everyone shouts, few listen.

    How about electronic publishing? Try reading a book on disc. At best, it’s an unpleasant chore: the myopic glow of a clunky computer replaces the friendly pages of a book.

    And you can’t tote that laptop to the beach. Yet Nicholas Negroponte, director of the MIT Media Lab, predicts that we’ll soon buy books and newspapers straight over the Internet. Uh, sure.

    What the Internet hucksters won’t tell you is that the Internet is one big ocean of unedited data, without any pretense of completeness. Lacking editors, reviewers or critics, the Internet has become a wasteland of unfiltered data. You don’t know what to ignore and what’s worth reading.

    Logged onto the World Wide Web, I hunt for the date of the Battle of Trafalgar. Hundreds of files show up, and it takes 15 minutes to unravel them–one’s a biography written by an eighth grader, the second is a computer game that doesn’t work and the third is an image of a London monument.

    None answers my question, and my search is periodically interrupted by messages like, “Too many connections, try again later.”

    Won’t the Internet be useful in governing? Internet addicts clamor for government reports. But when Andy Spano ran for county executive in Westchester County, N.Y., he put every press release and position paper onto a bulletin board. In that affluent county, with plenty of computer companies, how many voters logged in? Fewer than 30. Not a good omen.

    Then there are those pushing computers into schools. We’re told that multimedia will make schoolwork easy and fun. Students will happily learn from animated characters while taught by expertly tailored software.

    Who needs teachers when you’ve got computer-aided education? Bah.

    These expensive toys are difficult to use in classrooms and require extensive teacher training. Sure, kids love video games–but think of your own experience: can you recall even one educational filmstrip of decades past? I’ll bet you remember the two or three great teachers who made a difference in your life.

    Then there’s cyberbusiness. We’re promised instant catalog shopping–just point and click for great deals. We’ll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obsolete.

    So how come my local mall does more business in an afternoon than the entire Internet handles in a month?

    Even if there were a trustworthy way to send money over the Internet–which there isn’t–the network is missing a most essential ingredient of capitalism: salespeople.

    What’s missing from this electronic wonderland? Human contact. Discount the fawning techno-burble about virtual communities. Computers and networks isolate us from one another. A network chat line is a limp substitute for meeting friends over coffee.

    No interactive multimedia display comes close to the excitement of a live concert. And who’d prefer cybersex to the real thing?

    While the Internet beckons brightly, seductively flashing an icon of knowledge-as-power, this nonplace lures us to surrender our time on earth. A poor substitute it is, this virtual reality where frustration is legion and where–in the holy names of Education and Progress–important aspects of human interactions are relentlessly devalued.

  21. #3271
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    Quote Originally Posted by Bobby Stainless View Post
    You are too far ahead on this graph. We are just now in the 2nd wave the first sell of and media attention.

    Matters not though. I only have profit in now.



    Think I'm got to have to agree with Bobby here. Take a lap, PG.

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  22. #3272
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    Something to keep in mind is PG doesn't trade and has no experience applying things like sentiment cycles to actual decision making with money at risk.

    Those kinds of things matter.

  23. #3273
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    Quote Originally Posted by Bromontane View Post
    Something to keep in mind is PG doesn't trade and has no experience applying things like sentiment cycles to actual decision making with money at risk.

    Those kinds of things matter.
    I don't share much about myself. You are just blindly making assumptions.

    Now ... this dude ... clearly meets your highly esteemed ISO requirements and kept it all above water for as long as maybe 40 years [God Bless His Soul]:

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    Although there is a non-zero chance that crypto will be around in 40 years, it will asymptotically go to zero in the next few years.
    So if you got money in the game, can successfully play the volatility, and cash out, without your ID being sold on the black market, without your withdrawals being frozen by the exchange itself for made-up reasons, without your crypto being stolen and/or hacked in your accounts and/or wallets,
    then kudos to you.

    Chance of that ....

    ahem ahem cough cough chuckle
    LOL
    SFYL
    Last edited by puregravity; 07-04-2019 at 11:26 AM.

  24. #3274
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    PG pretty ignorant on the tech side as well. Sad.

  25. #3275
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    The guy has zero self control. Similar to a 6yo in the heat of a sibling fight. Just keeps posting even though I can't even see what he writes! Classic.

    Anyhow, here's a relevant clip from the past.


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