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Thread: Bitcoin....who's gotten into it?
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01-21-2022, 08:14 PM #6951
There is no such thing as bad news in crypto. You celebrate when prices go up. You celebrate when prices go down. Anything else is FUD. Morale must be maintained.
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01-21-2022, 09:35 PM #6952
Wow this thread is sparking!
Jong slaughter be raping everyone around here!
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01-21-2022, 09:36 PM #6953
Stay devoted to sparkle motion you say?
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01-21-2022, 09:39 PM #6954
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01-21-2022, 09:42 PM #6955
Prob going to buy another 20/30 grand of BTC/ETH.
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01-21-2022, 09:59 PM #6956
https://bitcoinmagazine.com/culture/...bitcoin-on-war
This just may be the biggest pile of sesquipedalian bullshit on the internet.
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01-21-2022, 10:00 PM #6957Hey d-bag - here's something for you to think about: maybe (just maybe) not everybody here has their little panties in a wad 24/7 and flies into a rage whenever somebody disagrees with them. Maybe these same mags don't take this place uber-seriously. Maybe this even includes the vast majority of the people who post here as opposed to you and like 20 other thin-skinned douchebags. Just something to think about. -JER
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01-21-2022, 10:06 PM #6958
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01-21-2022, 10:07 PM #6959
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01-21-2022, 10:12 PM #6960Hey d-bag - here's something for you to think about: maybe (just maybe) not everybody here has their little panties in a wad 24/7 and flies into a rage whenever somebody disagrees with them. Maybe these same mags don't take this place uber-seriously. Maybe this even includes the vast majority of the people who post here as opposed to you and like 20 other thin-skinned douchebags. Just something to think about. -JER
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01-21-2022, 10:17 PM #6961
Haha, I’m playing 100x below you big rollers!
And here you were all worried your advice would risk me dining on cat food through Easter.
Sent from my iPhone using TGR ForumsHowever many are in a shit ton.
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01-21-2022, 10:21 PM #6962
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01-21-2022, 10:30 PM #6963
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01-21-2022, 10:31 PM #6964
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01-21-2022, 11:51 PM #6965
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01-22-2022, 01:57 AM #6966
Last edited by shera; 01-22-2022 at 03:45 AM.
Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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01-22-2022, 04:06 AM #6967
Franklin Mint mindset.
”Only 3,999 commemorative tokens for MTMs thousandth stupid bong rip post will be made, buy now!” Line go up!
not everything that’s rare is valuable, not everything valuable is rare. Throw some more dipshit cliche together, and pimp some more trash.
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01-22-2022, 04:17 AM #6968
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01-22-2022, 05:12 AM #6969
Yeah, I hear you! But I take an algorithmic approach, so not making decisions in the moment. I don't pick bottoms or tops - I dca BTC over price, rather than time.
I used to get so worked up and emotional about price action, now I can just execute the plan I made while wandering placidly through the mountains with my dog. I used to look at snow signs for avy danger, now I try to decode all the animal tracks I see. Their secret lives are revealed!
Zen as that may sound, this downturn has given me some gut wrenches exceeded only by the corona dump. JeebusHcristos, that was crazy times. I had to make an appt to go into the closed bank to make a wire transfer to the exchange. But it set me up for success going forward. Blood in the streets and all that.Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
Henry David Thoreau
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01-22-2022, 05:57 AM #6970
Buy it.
"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.
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01-22-2022, 10:49 AM #6971
Great read that some of you may benefit from by trying to understand.
https://northmantrader.com/2022/01/22/revolution/
Sent from my Pixel 6 Pro using Tapatalk
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01-22-2022, 11:18 AM #6972
Bitcoin....who's gotten into it?
I watched Michael Saylor on Bloomberg Studio. I don’t get the argument about BTC as inflation hedge. In retrospect it would have been prior to the pandemic but that is hind site thinking. If consumer prices had gone down would they call it a deflation hedge? Also, when Saylor says that it’s a great time for institutions to get involved that’s just hyperbole. At this point, there is still no widespread institutional adoption of BTC. Some use it as a gimmick. Where I do agree with Saylor is that only a few tokens will survive. The rest go to zero.
Saylor will be fine but MSTR doesn’t have to trade at it’s btc nav. In fact, below $30k the company starts losing (more) money. At $20k it might have trouble with debt service. The company borrowed $2b to buy BTC.
I like Sven because he’s a skeptic of everything, like me. But if you read the article. Anymore weakness takes BTC to test the previous low. It might be a buy then but to think it’s going to race back higher defies even what Saylor says regarding time frame.
Also, the technical support at the upper rising fib line is weak at best. It’s just the top of support and any trades I that line should come with tight rules
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01-22-2022, 11:20 AM #6973I drink it up
- Join Date
- Oct 2002
- Location
- my own little world
- Posts
- 5,875
But but but….. I thought this shit was asymmetric?!?!?
focus.
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01-22-2022, 01:14 PM #6974
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01-22-2022, 01:16 PM #6975
I admire Saylors ballsack, but like you said it's a pretty extreme play. I would have locked in a billion if I were him,
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