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Forum » Are bitcoiners about to get bit-raped? I think so, here's what I see....
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Thread: Are bitcoiners about to get bit-raped? I think so, here's what I see....

post 1538537231 12-25-2017, 07:09 AM
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#91
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I agree with OP. The last few times bitcoin has had a run like this it has collapsed eventually, albeit to a higher level than before.
post 1538537721 12-25-2017, 07:29 AM
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Seen this exact graph posted around since the first day btc came onto the market....


Zzzzzz.


Of course there has to be a settling point and it can't continually grow but stop spreading this ****e. It's old and never been accurate
/
post 1538538391 12-25-2017, 07:48 AM
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#93
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the idiotic graph has been around since 2015 when i started trading crypto, lol

didnt listen it to then, and not going to listen to it now
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post 1538538951 12-25-2017, 08:01 AM
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#94
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Originally Posted By maglincer⏩
I agree with OP. The last few times bitcoin has had a run like thisit has collapsed eventually, albeit to a higher level than before.

so it's collapsing into an upward trend...

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post 1538539161 12-25-2017, 08:08 AM
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#95
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^^ iTs An UpWaRd DiP, BUBBLE, PONZI!

Lol look at this post from 2013, i think OP may have been TheRuslter in 2013.
Originally Posted By TheRustler⏩


Right now it's here lol.
post 1538539291 12-25-2017, 08:13 AM
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who knows what it's going to be long term but based on price action this correction is not over....there will probably be a second bigger plunge soon. a weak rebound from a big dip is usually very telling of weakness.
post 1538539591 12-25-2017, 08:20 AM
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Originally Posted By NoNewGainz⏩
^^ iTs An UpWaRd DiP, BUBBLE, PONZI!

Lol look at this post from 2013, i think OP may have been TheRuslter in 2013.
lol seems like every year there are a group of low IQ miscers pushing this graph out about bitcoin

cant wait for the 2018 graph
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post 1538539861 12-25-2017, 08:29 AM
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#98
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Bitcoin Billionaire

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post 1538540031 12-25-2017, 08:36 AM
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Not even close!
post 1538540101 12-25-2017, 08:38 AM
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#100
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Originally Posted By iZZmatic⏩
Lmao late bruhs mad as hell.
LMAO at the late old brahs who dont understand it and therefore call it a ponzi. What's even more sad is that you literally could have bought ether at $8 exactly 1 year ago and you would be at 100x profit. Could be retired on a yacht right now LOL but here they are wage slaving with their 8% yearly gains in mutual funds
post 1538540181 12-25-2017, 08:40 AM
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#101
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It feels like bitcoin is in big trouble. When it really took off, the fees did too. The median transaction fee is around $30 atm with an hour+ wait, so it isn't practical to actually use as a currency anymore.

I don't have anything invested in cryptos but it's very interesting to watch this play out.
post 1538540351 12-25-2017, 08:44 AM
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#102
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Originally Posted By Dezzimin⏩
It feels like bitcoin is in big trouble. When it really took off, the fees did too. The median transaction fee is around $30 atm with an hour+ wait, so it isn't practical to actually use as a currency anymore..
it was never practical to use as a currency. it's more practical than paying for something with a bar of gold but not by fuking much. I've been messing with bitcoin for 3 years now and I still get a slight level of anxiety before I transfer from from a wallet to exchange or vice versa because you can still easily fuk up and lose it.

bitcoin itself should be thought of as a storage of wealth, nothing more. There are far better options for actual payment use cases via blockchain (ethereum, litecoin, etc)
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post 1538570011 12-25-2017, 04:00 PM
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#103
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Originally Posted By Didlid⏩
Seen this exact graph posted around since the first day btc came onto the market....


Zzzzzz.


Of course there has to be a settling point and it can't continually grow but stop spreading this ****e. It's old and never been accurate
Originally Posted By RightKindaGuy⏩
the idiotic graph has been around since 2015 when i started trading crypto, lol

didnt listen it to then, and not going to listen to it now
Originally Posted By NoNewGainz⏩
^^ iTs An UpWaRd DiP, BUBBLE, PONZI!

Lol look at this post from 2013, i think OP may have been TheRuslter in 2013.
The first chart is simply a representation of a bubble and it's phases in all markets, not just bitcoin. The question is, have you ever seen a bitcoin chart so closely resemble a bubble? Sure, it could continue to breakout, and if does, my outlook will change. But I do wonder how deep in the red you will have to go before you change yours?
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post 1539005381 12-30-2017, 07:21 AM
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#104
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Update



BTC looking pretty bearish IMO. Price moved up as predicted, but didn't quite reach my area so that zone remains in play for the time being. Now it looks like we are at the last area of support, and if we get a close below my point of control (the green horizontal lines), the bears will have some real momentum. But until that happens, a spike up into my resistance zone wouldn't surprise me, and as previously stated, if it gets broken price will continue. For now tho, it's looking pretty heavy. How you guys feeling?
Still Cuckin On Four Fours, Wrapped In Four Voes
post 1539005681 12-30-2017, 07:28 AM
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#105
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just LOL at ANYONE who uses a currency that no country is guaranteeing its worth and that's not used on a global market

brb selling millions of gold I earned in diablo 2 cuz some re-todd is willing to buy them
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post 1539006231 12-30-2017, 07:39 AM
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#106
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once it became a meme, could've stuck a fork in it then and there
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post 1539006331 12-30-2017, 07:40 AM
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#107
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How the fuk did this thread get nearly 18k views in 4 pages? Did one of you kients share my thread on ******** or something?
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post 1539006671 12-30-2017, 07:48 AM
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#108
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Xbt isn't going anywhere soon but up.

As long as it's paired with "every" other crypto it's here to stay.
post 1543602061 02-12-2018, 03:23 PM
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#109
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Originally Posted By A-GAME⏩
Update



BTC looking pretty bearish IMO. Price moved up as predicted, but didn't quite reach my area so that zone remains in play for the time being. Now it looks like we are at the last area of support, and if we get a close below my point of control (the green horizontal lines), the bears will have some real momentum. But until that happens, a spike up into my resistance zone wouldn't surprise me, and as previously stated, if it gets broken price will continue. For now tho, it's looking pretty heavy. How you guys feeling?
Update $$$$

Just got back from banned camp, but I didn't forget about you guys, so I kept updates while I was gone.



Like I said in the above quoted post, I expected price to break my point of control, but was waiting for a possible spike up into my upper zone. Unfortunately, the spike up didn't really give me a chance to enter where I would have liked because it was quite an aggressive turn. Be that as it may, I entered at a ****ty price expecting my point of control to break, and it did. Like I said, once my point of control was broken, there would be some real downward momentum.



After the initial bounce off support, I covered my position booking $6600, and moved my stop to breakeven.



I almost closed my trade here because I thought it might be well supported at this price. But it closed down so I kept my trade open.



Even though price closed below this area, the following day saw a reversal and a close above and I closed my trade. I ended up making over 10k, but I'm not that happy with the trade tbh considering I risked 10k. 1:1 risk vs reward is garbage which is why I closed out. I think price will continue down, but my equity is better used elsewhere, 1:1 is poverty lol.

So are all you *******s that negged me, insulted me etc going to come back and eat crow like men, or are you going to hide? Or worse yet, come back with the "hurr durr bitcoin is still going to the moon, *******". Pls respond.....
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post 1543602521 02-12-2018, 03:28 PM
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#110
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Lol. I once had a 2 page argument with a couple cryptobrahs about whether or not it was a bubble. We're in the bull trap now
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post 1543603301 02-12-2018, 03:36 PM
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#111
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Originally Posted By irollurmom⏩
Lol. I once had a 2 page argument with a couple cryptobrahs about whether or not it was a bubble. We're in the bull trap now
They are like rabid dogs. People irl got so mad when I told them it was going to tank. Cryptos are srs bidness. Then it tanked........Lol i was lyk lol.
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post 1543611111 02-12-2018, 04:54 PM
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#112
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fukkkkkkkkkkk u OP
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post 1543619361 02-12-2018, 06:27 PM
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#113
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Originally Posted By Arkileon⏩
fukkkkkkkkkkk u OP
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post 1543621941 02-12-2018, 07:03 PM
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#114
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Notice how the brahs in this thread defending crypto are the same ones who have completely disappeared from the misc crypto crew thread now we in a bear market??

Why you leave us? The crypto thread gets like 4 pages max a day now, what happened??
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post 1543622091 02-12-2018, 07:05 PM
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#115
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Jokes on you I sold all 5 of my BTC at 19k
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post 1543623091 02-12-2018, 07:14 PM
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#116
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Originally Posted By Metalmank⏩
Jokes on you I sold all 5 of my BTC at 19k
This lol

About 19,435 to be exact, I saw it coming from a mile away, not even sure how I knew but I could feel it

I'm laughing at all the jealous guys hating so much because they missed out

You guys mad I made a 500% gain in 4 months? LMAO
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post 1543623131 02-12-2018, 07:15 PM
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#117
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Originally Posted By A-GAME⏩
They are like rabid dogs. People irl got so mad when I told them it was going to tank. Cryptos are srs bidness. Then it tanked........Lol i was lyk lol.
the hype was too much - people bought into the frenzy with the mentality of 'if I don't get in now, I'll never get in.' I heard the same thing from my manager at Wells Fargo Home Mortgage in 2005 and we all know how that went lol.
A million miles away - I don't.. feel.... anything.
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post 1543623661 02-12-2018, 07:21 PM
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#118
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post 1543624131 02-12-2018, 07:26 PM
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#119
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Originally Posted By quadfecta⏩
And how stupid will you feel if BTC is trading at 50k by mid 2018?
lol
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post 1543624201 02-12-2018, 07:26 PM
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#120
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Originally Posted By Luc1fer⏩
Lmao this. You can always tell who the new crypto *******s are because they pretend to analyze the current market and know nothing of the past. Then they post unsubstantiated claims like "Oh yeah i sold at 19k" or "I still made 10k" etc without proof, trying to proclaim their crypto intelligence.


There is always the people every bull cycle who come out of the woodwork saying its gonna collapse, etc, etc. But every time, the people that held on end up making more.

Wuill it drop more? Probably, it always does... and then goes back up again
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