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weekend prediction

im predicting that not only is bitcoin gonna break the 6000 dollar limit, and it's 100 weekly simple moving average support level, that it broke earlier this week, but it's even gonna pass 7k!
Kinda regretting not following my gut when it said to bulk up at $3300-

Any of y'all got any cryptos, or did you get burned during the last bull run or know someone who did, and are now blowing it off as a scam? Or do you completely just not give a flying? :P

I personally think it's just kinda fun chasin' the dollar, shorting currencies like I was George Soros, and with all them zeros that are in the number of Satoshis that make up one btc; you can kinda trick your brain into thinking you're actually dealing with large amounts of wealth, and not just a buck fifty which I'm slowly turning into the worth of a toonie.

Not a crypto owner here....

...simply becuase it's the biggest fucking scam on the planet

It has a finite amount of coins, and it's too easy to steal or hack the system.

Not saying some people can't make money of it - plenty of people made money during ponzi schemes - but you have to be a complete fucking idiot to think this will play out in your favor in the long term.

I know someone that got in when they were under $400 each and didn't sell when it went above $16k - they were sitting on hundreds of thousands of dollars and then it crashed.

quote:

Originally posted by DJ RANN

Not a single thing you said is correct. It's glaringly obvious from your statement, that you don't even know the fundamental basics of acrypto coin coin works, let alone a whole market.

But nice try, I bet if there still were people around here, you'd get a couple of fanbois from that statement, but yeah, lol, you ain't got the faintest clue about what you're talking about haaah, is this a tactic you employ every time you encounter a topic you know nothing about? lol, you jackass!!

edit: completely forgo that i just came here to say that i woke up from a nap and it was at $7100..

quote:

Originally posted by itsamemario Not a single thing you said is correct. It's glaringly obvious from your statement, that you don't even know the fundamental basics of acrypto coin coin works, let alone a whole market.

quote:

Originally posted by DJ RANN It has a finite amount of coins,

quote:

Originally posted by THE BITCOIN WIKI (you twat) The result is that the number of bitcoins in existence will not be able to exceed slightly less than 21 million.

quote:

Originally posted by DJ RANN and it's too easy to steal or hack the system.

Two days ago:

https://www.cnbc.com/2019/05/08/bin...ncy-stolen.html

Two weeks ago:

https://www.ccn.com/microsoft-under...s-steal-bitcoin

4 weeks ago:

https://www.ccn.com/bitcoin-hacker-...illion-sim-swap

I could go on but I think you might just be smelling your own bullshit by now.

quote:

Originally posted by itsamemario But nice try, I bet if there still were people around here, you'd get a couple of fanbois from that statement, but yeah, lol, you ain't got the faintest clue about what you're talking about haaah, is this a tactic you employ every time you encounter a topic you know nothing about? lol, you jackass!!

I have no idea what you're blathering on about but the spiders in your head seem to have taken control (again) so I'll refrain from trying decipher the drivel.


But go ahead, sell your house and invest in bitcoin

Ah, TA's been missing a bit of good old fashioned mental illness.

Lol, you're dumb. The news article your posting aren't supporting your argument, it would be the same as saying the dollar is a scam because someone are trying to steal money out of your wallet. People storing their assets insecurely does not pertain in any way to the asset itself. But nice try! And yeah, noone is saying bitcoin (specifically, not all coins are built the same way) does not have a finite amount, what you said was that it is a scam because it has a finite amount. There is a finite amount of gold too, the market availability is what causes it's price to fluctuate, and is WHY it is considered along with silver as one of the safest chattels there are, so again, you're talking out of your ass.

And if you're gonna pretend like you're so stupid you have "no idea on what im blathering on about", then fine okay, here's the tea spoon; You're an asshat, you've always been an asshat, and you're always gonna be an asshat. And your pretentiousness ain't fooling A N Y O N E !!

You're just your regular ol' try-hard!

You're adorable though, even if you're a giant cuck.

Edit: Also, the spider is in Charlie's ear, but thanks for remembering that I like It's Always Sunny! I totally agree with Charlie, people should cover their knees up if they're gnna be walking around!

quote:

Originally posted by SYSTEM-J Ah, TA's been missing a bit of good old fashioned mental illness.

Why? Seems like Rann's been here all the time!


Edit: Oh and btc is at $7385 now, meaning if you bought when I said and sold now, you'd be left with a cool 500 bucks profit. Now, that's a scam if I ever saw one!!!

Day traders, crypto miners, and bit coin �investors� are the dearth of the earth. They deserve to loose all their money and they usually do.

quote:

Originally posted by Jon_Snow Day traders, crypto miners, and bit coin �investors� are the dearth of the earth. They deserve to loose all their money and they usually do.

I've never seen dearth used like that before. Is it because the earth wants them to be buried within them? Apart from rhyming, it's a pretty poor expression, I think you may be conflating it with another word, or sumink... If there's another way to use the word that I'm unaware of, I'd love to hear it though, rhymin is always fun haha.

That being said, why do you hate people who are willing to take a monetary risk? Is it because you yourself don't have any guts, so you despise anyone who does?
I personally think the "dearth of the earth" are those that declare something a flat-out scam just because they invested at a real bad time, and didn't have the balls to sit on the investment until it went back up in value again. And I mean, that's pretty much all of the dumb money, who are following news articles directly covering the subject (as opposed to a related news article which MAY relate to an asset), and I mean, that's like jumping into a crashed bus trying to get a settlement AFTER the emt's has arrived. But I don't hate them, or anything, they have literally been feeding me for periods of time with their bad investments.
Shorting is fun, but boyyy is it tiresome! You gotta be SO plugged in it's not even fun, almost feel like you gotta summon Mammon to possess you.

Oh oh oh, and bitconnect haha, yeah, I was warning people so hard about that stuff, and got loads of 'nemies doing so, so it was a pretty good lol when the guys took all the money and vanished...
That being said, I have indeed made some real bad investments in the heat of the moment that I did not research well enough, like buying hashing power at a mining farm only a short time before scheduled halving in the mining algo's :P yeah, Im happy I even managed to get 10% back haha

I don�t have a high opinion of anyone who gambles for a living. It�s an empty endeavor that serves no purpose except to feed one�s selfish desire to get rich quick. You aren�t making the world better and not even providing a useful service. I�m sure there are people lower on the food chain but they don�t generally try to argue the merits of their occupation.

The people who want to get rich quick, and are using schemes like this to do it, they are dumb. Many of them, they're not even investing in bitcoin, they've signed up to some weird-ass trading platform that costs money, and when they don't make any income they say they lost money on bitcoin, or gold, or "the internet" like they said back in 99.. Or no, they called it the dot com bubble, that's right. But people who were the last to jump aboard lose money, and then they go and declare computers to be straight-up scams and that it's 'dead' :P

It's all up what level of information you got, if you got grade a insider type info, maaaan you can make a living! But if you wait until the newspapers start reporting on things? Yeah, that's when the smart money has already taken their winnings (ie. the ball) and gone home, leaving the b-c-d and e-levelers to fight for the scraps amongst ourselves.
"The time to invest is when blood is running through the streets, even if that blood be your own.". I think a quote not too unsimilar to that is accredited Amstel Rothschild, and while that might be a misattribution, it still rings true, and is philosophy of people like Pe�a, Buffet, Anton Kreil and others, so Im gonna say it's pretty good advice no matter who said it first.

I'd say that for anyone who wants to learn how trading and market analysis and all that works, cryptos are a great place to start seeing as there is a relatively low threshold to enter.
If technical data and charts bore you, yeah its probably not for you :P

I'd still say even Carlos Mata stands higher than anyone who would put money on soccer, though. That's just all kinds of sad.

quote:

Originally posted by SYSTEM-J Ah, TA's been missing a bit of good old fashioned mental illness.

im so glad TA died before bitcoin became a thing; the number of libertarian, conspiracy losers and/or anti-banking/fiat clowns proselytising in the PDD would've been ridiculous.

quote:

Originally posted by SYSTEM-J Ah, TA's been missing a bit of good old fashioned mental illness.

Yo, cmon bruh..

I turned 10 dollars into 20 on robinhood. I have some doge coin.

Who has two thumbs and trades crypto. THIS GUY!

quote:

Originally posted by SYSTEM-J Ah, TA's been missing a bit of good old fashioned mental illness.

This.

quote:

Originally posted by Hides in Shadow Yo, cmon bruh..

Juan I knew it was you before even looking at your SC. How many alts are we up to now these day?

quote:

Originally posted by KiNeTiC ENeRgY This. Juan I knew it was you before even looking at your SC. How many alts are we up to now these day?

What does my Soundcloud have to do with any of this? It's irrelevant and on top of that you must think your special for pointing it out?

quote:

Originally posted by Jon_Snow I don�t have a high opinion of anyone who gambles for a living. It�s an empty endeavor that serves no purpose except to feed one�s selfish desire to get rich quick. You aren�t making the world better and not even providing a useful service. I�m sure there are people lower on the food chain but they don�t generally try to argue the merits of their occupation.

+1

quote:

Originally posted by wotyzoid I turned 10 dollars into 20 on robinhood. I have some doge coin.

haha, that's cool. and doge is hilarious, the creator literally jus wanted to name a coin with the face of his dog, or whatever, it is purely 'decorative' with no real value, except people thought it was funny and boom! lambo to the mooooon!

oh and biutcoin is busting 8000 right now!

In all seriousness, I do think crypto currencies as a whole do have a bright future if only in terms of the black market. We're moving towards ever more synchronisation and surveillance, and eventually it's going to be extremely hard for people to make illegal purchases with conventional currencies. And yes, I know RANN will pile in and talk about how a cash-free society is a pipe dream, as usual. In the long term it looks pretty inevitable to me. I'm talking 30-40 years from now. In the long run, crypto currencies will only become more useful. They're not going away.

However, investing in something that only really has potential as an illegal instrument seems somewhat ill advised to me. There were will obviously be a huge resistance to them from governments and financial institutions which could play out in any number of ways, and you're placing your money in what is virtually an open criminal market. All these hackings and virtual thefts are the early signs of how that will go down.

In terms of what you're talking about, which is just speculating on a particularly volatile asset... frankly I'm not even remotely interested. The whole culture around it strikes me as yet another one of those sweaty, slightly unhinged Internet obsessions populated by the same people who study pick up artistry or looks maxing or buying fake Soundcloud followers. Just another bunch of sad hustlers spending too much time trying to perfect one particular "life hack" that they think will give them some kind of edge in this world. I did my time working in a casino and saw all those "professional" poker players trying to master that little system and get rich quick, spending hours and hours staring at a computer screen gaming this bizarre and intricate system. Yeah, some of them made a lot of money out of it, but they were all fucking losers to a man. From where I'm stood Bitcoin is just more of the same. It's not real life, that shit. It twists your soul and it clouds your mind.

)Oh yeah I can totally agree with your final points there, but I don't really think freakin' posers are bitcoin/crypto-worlds fault. Like you said, they're everywhere fame can be had, so when bitcoin went to 20k a year and a half a go, everybody flocked to the scene, much like they did to the cdj's when EDM was the new cool thing, and made life miserable for dj's and producers alike. And I bet they ran to the poker scene to when that become popular after celebrity poker brought it to the masses. i think even one of the bigger faces in the "youtube lambo instagram crypto" crowd came originally from poker, Doug Polk or something. Honestly, I used to watch his videos, much because he was alot about exposing this one scam called bitconnect that i followed. and i do remember the scores of bitoin babes who 'just got their new mining rig and also look at my new bikini' who kept creeping on me on insta :P

but yeah, fame&fortune seekers, theyre everywhere, and theyll ruin everything you love! :P

as far as uses, i do think you're defining the 'black market' a bit narrowly. If it can be used for drugs or sex slaves, it can also be used for pretty much everything else, and those that used it purely illegaly would push for it to be used in other way as well, to further obfuscate their dirty deeds. but thats really more for other cryptos than bitcoin. bitcoin is pretty easy to track honestly, and offers no innate anonymity features. the 'truth telling' feature is in fact what many people like andreas antonopolous is heralding as one of its greatest qualities.

and if how banking works change, then i see bitcoin as a good alternative. and stocking up now when its low, and maybe sell a bit if it goes on an insane bull run and trade for gold? i mean, there are dumber ideas.

they have done the first human chipping where they place an rfid device in the hand of a human guinea pig, they did it live, and then they transferred money from his bank account to another, simulating a payment. i think sabadell w the affiliated bank. i know for a FACT that there are many people who will RESIST this chip. bitcoin might be the alternative for these people.

Edit: Forgot about the part about digitally storing money vs cashless society, i do not see the two as one and the same. i have money on my bank account which i can access digitally now, through my regular banking.
it's already here, that the currency is not being 'recognized' by banks doesnt mean people don't want it, just look at the black markets.
i do believe there's a distinction between digital wallets and
full-on cashless. we can use our phones today, but it's still not everywhere. i think probably the level of coverage that will be offered by 5g combined with rfid chip for payment/id purposes will usher in the cashless era. updated prognosis is 50% worldwide coverage within 2025, but most of the US is covered by then, with Africa etc still lagging, and then full implementation within 2030.

quote:

Originally posted by itsamemario they have done the first human chipping where they place an rfid device in the hand of a human guinea pig, they did it live, and then they transferred money from his bank account to another, simulating a payment. i think sabadell w the affiliated bank. i know for a FACT that there are many people who will RESIST this chip. bitcoin might be the alternative for these people.

ta-dah!

quote:

Originally posted by pkcRAISTLIN ta-dah!

Was that the Horns of Babylon?


Revelation 13:16-18 King James Version (KJV)
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.


The real creepy part which lends credence to this is the fact that the all the people who are pushing the system are real satanic and the guy who was holding the press conference thing was real creepy, saying "oh we promise there will be blood". like, he said it numerous times, it seemed real important to him :P and the crowd cheered like if a head fell off!

quote:

Originally posted by itsamemario Was that the Horns of Babylon? Revelation 13:16-18 King James Version (KJV) 16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. 18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six. The real creepy part which lends credence to this is the fact that the all the people who are pushing the system are real satanic and the guy who was holding the press conference thing was real creepy, saying "oh we promise there will be blood". like, he said it numerous times, it seemed real important to him :P and the crowd cheered like if a head fell off!

Oh lordy.

Is this where you start tlaking about the go kart racing track you invested in and then disappear from TA for 2 years


I'm not going to get in to a rational discussion with you about day trading and bitcoin, simply because you're not rational.


And Jack - seriously? You're going to debate the merits of cryptocurrency meta-economics with the guy that starts quoting bible passages as "proof" of satanic illuminati conspiracies?

quote:

Originally posted by pkcRAISTLIN ta-dah!

lol
He wants that cake

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