Thread: RIP Bitcoin

How did you manage that Mr Earl ?

Originally Posted by Pattaya Plies

How did you manage that Mr Earl ?

When/if you figure out how to set up a Bitcoin wallet, then you might possibly (unlikely) figure out some of the salient questions about trading, day trading whatever.

First and foremost ya gotta escape the mindset of the moronic internet troll.

[email protected]

Ask for Mike

^Mike the moron....

Mike will do.

BTC $13100.00

Ola amigos...

Originally Posted by Pattaya Plies

Mike will do.

You are losing Satoshi by the seconds, such a sad moron...

Forgive me if I weep...

Originally Posted by Pattaya Plies

Forgive me if I weep... while dumpster diving ..

FTFY

No need to get all pernickety Mr Earl

Nice ride today.
Up $1,000 in one day.
Most likely a record.
Enjoying this.

Originally Posted by Pattaya Plies

No need to get all pernickety Mr Earl

$13021.00 now!

Sad about your mental block about the new.

I suppose happiness can be found in the bottom of the dumpster.

Blessings bro...

The rise is quite astounding. Charts often simply chart human emotion, and the frenzy driving the rise of Bitcoin will not lose steam for a while yet. People get so worked up that it becomes a self-fulfilling prophecy.

Unfortunately I am not game to jump on board.

^ All true, but bitcoin also represents a global emotion of how the tired old bullshit doesn't play anymore.
The election of Donald Trump was the signal of the beginning of a global paradigm shift.
Not that the Donald would know a Bitcoin from a Big Mac.
So yes this is very yuge and biggly!

The end of 2020 will see Bitcoin at 1M, and the US gorvernment as we see it today will be finished

This is going to crash so bad and many are going to lose their shirt. I still think it will hit circa $20k but probably only 17 or 18k as that is when everyone will start to bail who has any sense knowing everyone is waiting for 20k. Let's be honest here buyers are going to dry up at some point apart from the terminally gullible, you won't be able to sell this shit above 15k

Possibly you are correct ^.
But, I've had 3 people in the past 24 hours who asked me for information on how to buy bitcoin here in Thailand
All 3 of these people had no clue as to what a bitcoin was 3 weeks ago.
Now, they want in.
Who wouldn't after seeing the gains in the past month (of course I'm kicking myself for not getting in sooner)
Yes: When to get out?
That is the big question isn't it?

Of course everyone wants to buy now as they've seen everyone else make money. But buying at these levels as in 12k to make a profit is a bit different to buying at 100-1k to make money, those buying at current levels need to attract more as otherwise the pyramid fails. Now that said because people are gullible and stupid you could still make potentially 40-50% in a short period of time but it will crash and crash hard and a lot of gamblers will lose their shirt.

14032.00 US Dollar

Originally Posted by fiddler

I've had 3 people in the past 24 hours who asked me for information on how to buy bitcoin here in Thailand
All 3 of these people had no clue as to what a bitcoin was 3 weeks ago.

That woulda been Lulu.


I got in at around $9,600 a little over a week ago. Now nearing 50% roi.

If it hits $20k before xmas, I'm going to top it up to 1m baht and pull it out at either 10m baht or 750k. Whichever comes first.

This is really stupid. Nothing goes up like this.... nothing.

This may go up to 100k, but when it crashes it will leave a lot of people in tears.

Unregulated, hence wild west.

Originally Posted by YourDaddy

This is really stupid. Nothing goes up like this.... nothing.

Agreed. Unfortunately it's going to take someone smarter / more knowledgeable than I to articulate it.

An invented currency that isn't yet even widely accepted and apparently rarely even spent and people are going Mega-Hype-Level 10,000 over it.

Something about it all just seems so completely off. The value increase seems to be being driven solely by people jumping on the bandwagon and that's not a sustainable model.

Originally Posted by fiddler

I've had 3 people in the past 24 hours who asked me for information on how to buy bitcoin here in Thailand
All 3 of these people had no clue as to what a bitcoin was 3 weeks ago.

These are the type of people who panic and get out in droves when there is a bit of a hiccup, trying to keep their profit. And the huge volume of them will be what precipitates the huge fall.

Err, in Holland tulips became more expensive than gold, in Britain we had the South Sea Bubble and in 1999/2000 thousands of Americans thought it would be a good idea to pay three teenagers in a garage millions of $ for a name.
In order to make money from nothing all you need is an endless supply of morons and greed.

How much is one iota trading @ this morning ?