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MISC Crypto Crew (MCC) Vol.4: Bitcoin Wars Episode IV: Revenge of the Core
12-07-2017, 09:40 PM
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#8641
Originally Posted By wickedman⏩
sats matters because BTC is the trading pair. Why are you trading if you're losing what you're trading?Never got the sats thing either. In theory I could have invested my money into a Weenie Stand, I'm not interested to know the value of my money had I invested in the Weenie Stand instead.
The only time sats losses are justified is if you feel BTC will come crumbling downsoon and that specific coin will not just stay put but take over some of BTC's former market cap.
Originally Posted By KillahJon⏩
Historically, BTC has taken down all alts with it when it crashes so in that sense it would mean you could accumulate a greater amount of those other coins with your BTC because they would be crashing harder. So if you're holding alts and expect them to moon someday, then you are profiting.So if your satoshi value goes up, but your USD value tanks...do you consider that profit?
Those other coins aren't going to moon if BTC is crashing. The only time something close to this has happened is when Segwit was cancelled and there was also a Tether scare. Even then it didn't last. This didn't even happen with ETH in summer where there was so much talk of flippening and ETH replacing BTC. Something huge has to happen for BTC to crash AND your alt to simultaneously moon. This is why sats is the gold standard.
12-07-2017, 09:41 PM
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#8642
- raunchybrah
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Originally Posted By Dawginitup16⏩
ADA srsETH or IOTA for 2018?
12-07-2017, 09:42 PM
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#8643
- Mythenthefang
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- Mythenthefang
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Originally Posted By Parkerscott⏩
Every other fiat currency in history has done thiseasy now bucko. fiat isnt going anywhere
Why would this time be different?
Embrace freedom until some kunt cartelizes the banks again in 200 years or so
Natty poverty maintenance crew
Actual economist crew
Austrian school crew
12-07-2017, 09:43 PM
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#8644
Originally Posted By Mythenthefang⏩
actually I hope its a bubble, cause then a million per btc might actually happen, and then I can sell out, build a house and live happily ever after."it's a bubble" - every baby boomer everywhere
Originally Posted By DavidL913⏩
digital beanie babies,https://en.wikipedia.org/wiki/Beanie_Babiesone day we'll be so filthy rich that we can have an entire collection of kittens and meme coins.
12-07-2017, 09:47 PM
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#8645
- KillahJon
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Originally Posted By FKAri⏩
You can't guarantee that BTC going down will also cause alts to go down forever. Just cause something happened historically doesn't mean it will keep happening in the future. For now, that is happening.sats matters because BTC is the trading pair. Why are you trading if you're losing what you're trading?
The only time sats losses are justified is if you feel BTC will come crumbling downsoon and that specific coin will not just stay put but take over some of BTC's former market cap.
Historically, BTC has taken down all alts with it when it crashes so in that sense it would mean you could accumulate a greater amount of those other coins with your BTC because they would be crashing harder. So if you're holding alts and expect them to moon someday, then you are profiting.
Those other coins aren't going to moon if BTC is crashing. The only time something close to this has happened is when Segwit was cancelled and there was also a Tether scare. Even then it didn't last. This didn't even happen with ETH in summer where there was so much talk of flippening and ETH replacing BTC. Something huge has to happen for BTC to crash AND your alt to simultaneously moon. This is why sats is the gold standard.
The only time sats losses are justified is if you feel BTC will come crumbling downsoon and that specific coin will not just stay put but take over some of BTC's former market cap.
Historically, BTC has taken down all alts with it when it crashes so in that sense it would mean you could accumulate a greater amount of those other coins with your BTC because they would be crashing harder. So if you're holding alts and expect them to moon someday, then you are profiting.
Those other coins aren't going to moon if BTC is crashing. The only time something close to this has happened is when Segwit was cancelled and there was also a Tether scare. Even then it didn't last. This didn't even happen with ETH in summer where there was so much talk of flippening and ETH replacing BTC. Something huge has to happen for BTC to crash AND your alt to simultaneously moon. This is why sats is the gold standard.
12-07-2017, 09:51 PM
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#8646
- HandstandPushup
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Trying to sign up for coinbase and keep getting the "We could not locate that ID" pop up..... da **** do I even exist?
***Reinstate Namean Crew***
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12-07-2017, 09:52 PM
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#8647
Originally Posted By KillahJon⏩
True, but there is no guarantee. I am actually hoping that happens one day. Because there are superior techs to BTC out there. I'd feel safer with the best tech on top.You can't guarantee that BTC going down will also cause alts to go down forever. Just cause something happened historically doesn't mean it will keep happening in the future. For now, that is happening.
12-07-2017, 09:55 PM
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#8648
- Parkerscott
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Originally Posted By Mythenthefang⏩
You are government property boyo, and the treasury likes having the keys to their vaultsEvery other fiat currency in history has done this
Why would this time be different?
Embrace freedom until some kunt cartelizes the banks again in 200 years or so
Why would this time be different?
Embrace freedom until some kunt cartelizes the banks again in 200 years or so
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12-07-2017, 09:55 PM
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#8649
Originally Posted By HandstandPushup⏩
forget coinbase, start here:https://gemini.com/Trying to sign up for coinbase
Originally Posted By HandstandPushup⏩
nopedo I even exist?
12-07-2017, 09:58 PM
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#8650
- KillahJon
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Originally Posted By FKAri⏩
What you say about BTC is most likely cause it's king now. I do see sometime in the future where everything could be uncorrelated with BTC. Who knows?True, but there is no guarantee. I am actually hoping that happens one day. Because there are superior techs to BTC out there. I'd feel safer with the best tech on top.
12-07-2017, 09:58 PM
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#8651
- Rangerz91
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Originally Posted By FatalTragedy12⏩
Will listen to the podcast you posted. At least to hear if CfB sounds like a kunt too.It's based on this code being discovered on Bittrex by a reddit user. It's been there for a while as someone else said above. I have posted links to everything else in my post.
https://www.reddit.com/r/Iota/commen...6i&sh=a61ef18b
https://www.reddit.com/r/Iota/commen...6i&sh=a61ef18b
Tokyo Brah
University of Texas Brah
IT Brah/CS Brah
12-07-2017, 10:04 PM
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#8652
- Parkerscott
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where are we on the chart now? Havent seen it posted since I cucked myself 6 months ago.
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12-07-2017, 10:08 PM
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#8653
- RightKindaGuy
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Originally Posted By Parkerscott⏩
ahh, the old "The tighter your grasp the more worlds slip through your fingers" thingYou are government property boyo, and the treasury likes having the keys to their vaults
even if fiat currency remains you could also argue that it will be on blockchains
this might not be within our lifetimes though
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*Anti Marriage Crew*
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12-07-2017, 10:09 PM
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#8654
- KillahJon
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Originally Posted By Parkerscott⏩
where are we on the chart now? Havent seen it posted since I cucked myself 6 months ago.
Depends, are we talking bitcoin or cryptomarkets? The altcoin market is still unknown to most...where are we on the chart now? Havent seen it posted since I cucked myself 6 months ago.
I would say Bitcoin is at the Enthusiasm and greed phase. It's the only thing being talked about. The only thing they talk about on mainstream is the price, price, price. ZERO segments about technology on CNBC, Bloomberg or any program featuring btc.
12-07-2017, 10:10 PM
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#8655
- Mythenthefang
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Natty poverty maintenance crew
Actual economist crew
Austrian school crew
12-07-2017, 10:11 PM
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#8656
12-07-2017, 10:13 PM
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#8657
12-07-2017, 10:15 PM
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#8658
- Parkerscott
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Originally Posted By RightKindaGuy⏩
Governments are looking into crypto backed fiat. Could be sooner than we think.ahh, the old "The tighter your grasp the more worlds slip through your fingers" thing
even if fiat currency remains you could also argue that it will be on blockchains
this might not be within our lifetimes though
even if fiat currency remains you could also argue that it will be on blockchains
this might not be within our lifetimes though
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12-07-2017, 10:16 PM
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#8659
- FatalTragedy12
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I kind of wish I had the mental acuity to sell my BTC when it was 19.5K - at 14.7K on Finex now and red candlesticks galore. Imagine the bank to be made just from buy low sell high.
*Misc Surgeon*--*Admin neg survivor*
Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
12-07-2017, 10:18 PM
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#8660
- 7straightup
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Originally Posted By FatalTragedy12⏩
tried that... it kept going down... fffaaarrrkkkk.I kind of wish I had the mental acuity to sell my BTC when it was 19.5K - at 14.7K on Finex now. Imagine the bank to be made just from buy low sell high.
such is misc crypto life... buy high, sell low.
No time like the present!
***misc cigar crew***
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12-07-2017, 10:19 PM
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#8661
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Originally Posted By KillahJon⏩
This. There might be another two to three months left. Considering this is crypto though maybe three and a half weeks. I don't want to be anywhere near the top though. If bitcoin does blow off though we are all going to cuckville for a whileDepends, are we talking bitcoin or cryptomarkets? The altcoin market is still unknown to most...
I would say Bitcoin is at the Enthusiasm and greed phase. It's the only thing being talked about. The only thing they talk about on mainstream is the price, price, price. ZERO segments about technology on CNBC, Bloomberg or any program featuring btc.
I would say Bitcoin is at the Enthusiasm and greed phase. It's the only thing being talked about. The only thing they talk about on mainstream is the price, price, price. ZERO segments about technology on CNBC, Bloomberg or any program featuring btc.
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12-07-2017, 10:20 PM
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#8662
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Originally Posted By Parkerscott⏩
well, the sad part is that the altcoin markets may get wrecked cause of BTC, even though it's BTC's bubble. Alts have just been goin up and down for the last 6 months. Everyone is so happy that BTC is making these parabolic moves and I just feel sad cause any BTC bubble pop would mean the entire cryptomarket crash, not just BTC. I have both BTC and altcoins, but i'm not a huge fan of BTC, srs.This. There might be another two to three months left. Considering this is crypto though maybe three and a half weeks. I don't want to be anywhere near the top though. If bitcoin does blow off though we are all going to cuckville for a while
12-07-2017, 10:23 PM
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#8663
- FatalTragedy12
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Originally Posted By Parkerscott⏩
I wish we could have an honest discussion about this and exit strategies but every time it's brought up it's dismissed as FUD. With futures and the possibility of a short coming up, we want to benefit as much as possible. I think I missed the boat by a huge margin not selling at 19.5K but it's hard for anyone to not death grip >1 BTC. I don't even know what my personal sell price for 1 BTC is and I'm not trading it for nought unless I'm at least 90% certain I can buy back cheaper. 19.5K hit that percentage for me but I was scurred it might drop and continue dropping.This. There might be another two to three months left. Considering this is crypto though maybe three and a half weeks. I don't want to be anywhere near the top though. If bitcoin does blow off though we are all going to cuckville for a while
The end game will be slow, it won't suddenly crash to nothingness.
*Misc Surgeon*--*Admin neg survivor*
Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
12-07-2017, 10:24 PM
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#8664
12-07-2017, 10:24 PM
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#8665
12-07-2017, 10:25 PM
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#8666
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Originally Posted By KillahJon⏩
They call it king cuck for a reason. In bitcoins defense though, this is like 6 years coming. These altcoins don't deserve large valuations yet. Most don't even have a product, and may never have a user base.well, the sad part is that the altcoin markets may get wrecked cause of BTC, even though it's BTC's bubble. Alts have just been goin up and down for the last 6 months.
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12-07-2017, 10:25 PM
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#8667
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Uh guys...
Time flies like an arrow; Fruit flies like a banana.
12-07-2017, 10:26 PM
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#8668
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Originally Posted By FatalTragedy12⏩
It's hard to talk about exit strategies, when you go to sleep and shyt is up 10% when you wake up all the time. It really clouds your judgement. Then you think, what if you exit now to be safe, and then you miss out on 10x gains? It's stressful. I think the best thing to do is put money that you're okay losing and just riding it out and be okay if the bubble pops.I wish we could have an honest discussion about this and exit strategies but every time it's brought up it's dismissed as FUD. With futures and the possibility of a short coming up, we want to benefit as much as possible. I think I missed the boat by a huge margin at 19.5K but it's hard for anyone to not death grip >1 BTC. I don't even know what my personal sell price for 1 BTC is and I'm not trading it for nought unless I'm at least 90% certain I can buy back cheaper.
12-07-2017, 10:26 PM
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#8669
12-07-2017, 10:27 PM
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#8670
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Originally Posted By Rangerz91⏩
lmfaofamily is getting a bunch of IOUs for christmas while I prepare my fiat stack for the dip
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