Thread: RIP Bitcoin

As the Pentatonix sing Hallelujah, Hallelujah......while dickie pulls out of





The market.

Well I guess the adage that you haven't lost until you've actually sold is in play and the only move I've made so far netted a profit so... hold and wait and see I guess.

Mind, I'm still receiving the almost daily dividend benefit of Smeg and taxexile losing their collective shit over it all too. So there's that!

Originally Posted by Dragonfly

should have had the balls to make another short at 11,000

5,000 USD drop is 1,250,000 USD profit in Futures BTC

Fuck, fuck, fuck

so buy some now; price is still dropping like a brick

Originally Posted by Dragonfly

should have had the balls

fcuk off fluffer - you will have had a dozen balls bouncing off your chin

the trend over the next week should indicate if it is time to wait a little longer or start buying back in

the damn thing is fucking unstable, swings on 1 contract now can be 500k USD in 1 day

^Still no balls then. Plenty of big talk tho.

Originally Posted by uncle junior

^Still no balls then. Plenty of big talk tho.

in a professional capacity, you don't play with amateurs

and yes they might have bigger balls but they are fools too, and you never win against fools, you let them hang themselves

I am quite happy making less with short on SP500 and DOW

it's all about managing risk with understanding the fundamentals,

with bitcoins, it's all emotional non-sense and ego frenzy shit, you are buying tulips

and guess what there are no winners in that game in the long run,

and guess what there are no winners in that game in the long run,[/QUOTE]
wot a ridiculous comment.... if u have no winners, u must have no losers.. the amounts lost and gained must be equal. minus the spread, dealing charges.

the spread and the swings is the reason there is no winner at the end,

ok for those who paid $1 for it and sold it for $100, and never came back

with a bigger volume of deals, and idiots all buying at the high, not sure there is a real winner left

ask if there was any winners in the Tulip mania,

in the first few months, sure there were

however when it was a full bubble, everyone in the game was fully invested and they all lost at the end, no buyers, price back to 0

^f.o.

and here we go on the good news front

Japanese cryptocurrency exchanges closing

Five Japanese cryptocurrency exchanges have decided to close, rather than comply with a requirement that they register with the Financial Services Agency. The regulator's inspections of other cryptocurrency businesses have uncovered shortcomings in corporate governance and internal controls.

https://asia.nikkei.com/Markets/Curr...anges-to-close

Wall Street struggles to progress on blockchain

Decisions by Depository Trust & Clearing Corp., BNP Paribas and SIX Group to stop working on blockchain projects reflect Wall Street's concerns about industry readiness and cost, according to Reuters. "Basically, [blockchain has become] a solution in search of a problem," said DTCC's Murray Pozmanter.

https://www.reuters.com/article/us-b...-idUSKBN1H32GO

it's getting very close to 200,000 THB

saw a figure the other day (quoted by an academic study) that btc should be valued at $2,000 similar to what has been discussed here (didn't post the link as i was about to be thrown in jail).

can't find the link now.

but, imagine $2,000 is around the range where btc will find itself this year and in the future.

Anybody tried buying BTC futures?

saw a post the other day that somebody was flouncing.....again.

Originally Posted by raycarey

saw a post the other day that somebody was flouncing.....again.

ray: do you have anything to add to this thread?

thought not...

^Lulu predicted one thing right then

Originally Posted by Luigi

I'm gonna be owing them money.

Lulu would have done better with a good old Nigerian scam

Originally Posted by YourDaddy

Lulu would have done better with a good old Nigerian scam

Got that going on from 10-11am.


Diversity is the name of the game, people.

I'm going to let mine sit now, the roller-coaster I was promised didn't eventuate and I'm bored. Anyways I have Smeg and taxexile to monitor and report on it for me.

On to my next investment... I'm buying a classic muscle car!