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Posted: 1/16/2018 1:54:40 PM EDT
[#1]
Quote HistoryQuoted:
.govs are starting to regulate, this thing is going down Verge has rolled out unreported transactions, invisible to a 3rd party. A number of coins are working on swaps, allowing coins to be exchanged without needing an actual exchange. |
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Posted: 1/16/2018 1:56:11 PM EDT
[#2]
Everything is on sale.
Or we are all going to lose everything. Can't quite decide. I will be over here HODLing. Kinda kicking myself for not taking some profit when it was way up but whatever. |
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Posted: 1/16/2018 2:02:43 PM EDT
[#3]
Quote HistoryQuoted: I get how bitcoin works, I have a degree in computer science and minored in mathematics. It is still a pyramid scheme. Early investors are making out well. Everyone is hoping to make money by selling their coins to people after them (recruiting new people into the scheme). If bitcoin had stayed at a stable price, say $10, it would have value as a currency. This skyrocketing price makes it a joke for its intended purpose. Doesn't take a degree to figure that out. The price of Bitcoin is directly related to the demand and supply. If you compare it to the dollar as a fait then bitcoins should be worth a whole lot more since the supply is limited to 21 million and th fait dollar has an unlimited supply. Then agian Bitcoin all goes back to the supply and demand. Think of it as machine guns in the NFA registry. Just not a pyramid scheme. |
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Posted: 1/16/2018 2:06:48 PM EDT
[#4]
Quote HistoryQuoted: And the crypto community is starting to adapt. Verge has rolled out unreported transactions, invisible to a 3rd party. A number of coins are working on swaps, allowing coins to be exchanged without needing an actual exchange. |
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Posted: 1/16/2018 2:08:23 PM EDT
[#5]
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yes, because I'm saving for a down payment on my house. I could, if I were irresponsible, move more than 90k right this moment. but I don't even want to pull a few hundred out. Quote HistoryQuoted:
Quoted: There's a Reason you don't have extra cash.  I could, if I were irresponsible, move more than 90k right this moment. but I don't even want to pull a few hundred out. Takes money to make money! Who Dares Wins!!! |
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Posted: 1/16/2018 2:09:21 PM EDT
[#6]
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Posted: 1/16/2018 2:12:50 PM EDT
[#7]
Quote HistoryQuoted:
You mean Bull trap? Quote HistoryQuoted:
Quoted:
This is the bear trap. It will go up briefly and then the bottom will fall out 
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Posted: 1/16/2018 2:13:09 PM EDT
[#8]
Quote HistoryQuoted:
And in other news https://www.ccn.com/bitcoin-price-tumbles-chinas-central-bank-tightens-noose-cryptocurrency-traders/ 
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Posted: 1/16/2018 2:19:24 PM EDT
[#9]
Quote HistoryQuoted:
Oh no. Lowest in six weeks. SIX WEEKS. We never have things like this happen with Wall Street investments. Everything has to go up, all the time and never drop. Meh I'm still up almost 500% from June. Thanks. People are losing their minds over something so predictable. I'm HODLing everything and trying to get all I can while the sale is on. |
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Posted: 1/16/2018 2:29:54 PM EDT
[#10]
Check the numbers in this classic:
 Hitler sells all his Bitcoins |
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Posted: 1/16/2018 2:32:40 PM EDT
[#11]
Ugh, what a massacre
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Posted: 1/16/2018 2:40:35 PM EDT
[#12]
Only on arfcom could being up 200 percent in the last 3 months be called a massacre.
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Posted: 1/16/2018 2:56:11 PM EDT
[#13]
Just have let it ride now!
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Posted: 1/16/2018 2:56:42 PM EDT
[#14]
Quote HistoryQuoted:
Ugh, what a massacre 
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Posted: 1/16/2018 2:59:35 PM EDT
[#15]
Quote HistoryQuoted:
I'm converting a gaming computer to mining with nice hash. it was making around $12 a day but has went way down. this shit will tear my nerves up. I normally avoid anything risky. I already have the equipment so its not really losing me anything, but it sure feels like it is. Quote HistoryQuoted:
Quoted:
Meh, that's the name of the game. I'm so far ahead at this point if it crashes another 50% I still made money. If you can't stomach the swings don't get in the market! |
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Posted: 1/16/2018 3:03:44 PM EDT
[#16]
Quote HistoryQuoted:
Ugh, what a massacre 
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Posted: 1/16/2018 3:04:54 PM EDT
[#17]
Quote HistoryQuoted:
If only I could figure out the fundamentals of what causes price changes in bitcoin I would be a rich man. Does anyone have any insight? I mean it can’t be because one fool wants to buy something and another fool wants to sell that thing, right? Don't misunderstand me. When valued that way, it isn't even worth 10% of what it is trading for right now. |
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Posted: 1/16/2018 3:05:06 PM EDT
[#18]
Quote HistoryQuoted:
I lol'd at this comment. Thanks. People are losing their minds over something so predictable. I'm HODLing everything and trying to get all I can while the sale is on. |
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Posted: 1/16/2018 3:06:33 PM EDT
[#19]
Quote HistoryQuoted:
Only on arfcom could being up 200 percent in the last 3 months be called a massacre. |
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Posted: 1/16/2018 3:07:07 PM EDT
[#20]
https://www.ar15.com/forums/general/Okay-I-was-wrong-/5-2071470/
Wrong time to get in, or right? Duno but after learning a bit, I'm intrigued at the potential. |
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Posted: 1/16/2018 3:08:29 PM EDT
[#21]
Quote HistoryQuoted:
Coinbase keeps cancelling my buy orders instantly, citing issues with my bank. Except there are no issues on my side as far as I can tell.  Tell you what won't be in my wallet much longer is a fucking credit card from fucking capital one. My recent transaction was rejected due to capital one new policy restricting any purchases of crypto currency's using their credit cards. Fuck you capital one I've had a GM card in my wallet for over 20 years and as soon as I cash it out this year I'm canceling the motherfucker. |
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Posted: 1/16/2018 3:09:26 PM EDT
[#22]
I put a few bucks into it just to learn the system.
Then took it out to learn the rest of the system. Yup, system works just fine. 
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Posted: 1/16/2018 3:26:56 PM EDT
[#23]
What's three best desktop based bitcoin wallet?
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Posted: 1/16/2018 3:32:59 PM EDT
[#24]
Quote HistoryQuoted:
What's three best desktop based bitcoin wallet? The best is a paper wallet. Its offline |
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Posted: 1/16/2018 3:33:06 PM EDT
[#25]
Quote HistoryQuoted:
Saw this thread and remembered the weirdo dream I had last night. I was at work and some guys heavily invested in BC were losing their minds because it dropped to $6.56 per bitcoin Make of that what you will I'm high as fuck on tamiflu too. Also, I want some of this.  Attached FileI'll be buying when it hits rock bottom 
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Posted: 1/16/2018 3:38:31 PM EDT
[#26]
Quote HistoryQuoted:
Only on arfcom could being up 200 percent in the last 3 months be called a massacre. There is some serious money being lost now. |
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Posted: 1/16/2018 3:45:19 PM EDT
[#27]
Buy high, sell low, right?
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Posted: 1/16/2018 3:46:50 PM EDT
[#28]
Is a 42% drop a legit bubble bursting crash?
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Posted: 1/16/2018 3:57:41 PM EDT
[#29]
Quote HistoryQuoted:
You think the guys who bought that month or two ago wpuld agree with you today? Or even the guys who bougjt at 15k a week ago? Why is it we never hear from them in these threads? I just wish you crypto guys would admit what actually has happened here. You got lucky speculating on something the vast majority of you don't understand. Quote HistoryQuoted:
Quoted:
Quoted:
Yeah it has a tangible value because some people desire it. How much is an entry in an electronic ledger desired? Why is it we never hear from them in these threads? I just wish you crypto guys would admit what actually has happened here. You got lucky speculating on something the vast majority of you don't understand. |
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Posted: 1/16/2018 4:01:00 PM EDT
[#30]
Quote HistoryQuoted:
Is a 42% drop a legit bubble bursting crash? |
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Posted: 1/16/2018 4:01:03 PM EDT
[#31]
Quote HistoryQuoted:
Social security is a pyramid scheme. Bitcoin is not. Early adopters of anything new that has a demand normally make money. The only thing I have seem so far in cryptos that is a pyramid scheme is bit connect. Stay away from that one. The price of Bitcoin is directly related to the demand and supply. If you compare it to the dollar as a fait then bitcoins should be worth a whole lot more since the supply is limited to 21 million and th fait dollar has an unlimited supply. Then agian Bitcoin all goes back to the supply and demand. Think of it as machine guns in the NFA registry. Just not a pyramid scheme. |
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Posted: 1/16/2018 4:04:35 PM EDT
[#32]
Quote HistoryQuoted:
*fiat |
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Posted: 1/16/2018 4:05:31 PM EDT
[#33]
Quote HistoryQuoted:
What's in your wallet? Tell you what won't be in my wallet much longer is a fucking credit card from fucking capital one. My recent transaction was rejected due to capital one new policy restricting any purchases of crypto currency's using their credit cards. Fuck you capital one I've had a GM card in my wallet for over 20 years and as soon as I cash it out this year I'm canceling the motherfucker. |
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Posted: 1/16/2018 4:08:30 PM EDT
[#34]
I think if you took a poll amongst bitcoin miners/speculators I think the majority would want a more stable growth pattern out of it to try to avoid this. Even though I have zero exposure to bitcoin I would rather any investment grow gradually instead of exploding in value like bitcoin has over the past year. In the end this type of growth is not sustainable, and the price must come back to reality.
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Posted: 1/16/2018 4:11:26 PM EDT
[#35]
About K$ 11.5 at 2:10 CST
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Posted: 1/16/2018 4:14:26 PM EDT
[#36]
Quote HistoryQuoted:
I think if you took a poll amongst bitcoin miners/speculators I think the majority would want a more stable growth pattern out of it to try to avoid this. Even though I have zero exposure to bitcoin I would rather any investment grow gradually instead of exploding in value like bitcoin has over the past year. In the end this type of growth is not sustainable, and the price must come back to reality. |
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Posted: 1/16/2018 4:43:03 PM EDT
[#37]
I got a tip on another site,
"Just dig in and keep going, as long as you are turning a profit thats all that matters, hold it if you can, if you look at the 1 year graphs the coins are pretty much where they should be for steady growth outside of the massive spike that happened around Late November/ Early December." Maybe I should get $34,000 on my home equity and buy 3 coins.
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Posted: 1/16/2018 4:46:52 PM EDT
[#38]
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Posted: 1/16/2018 4:59:12 PM EDT
[#39]
Quote HistoryQuoted:
I got a tip on another site, "Just dig in and keep going, as long as you are turning a profit thats all that matters, hold it if you can, if you look at the 1 year graphs the coins are pretty much where they should be for steady growth outside of the massive spike that happened around Late November/ Early December." Maybe I should get $34,000 on my home equity and buy 3 coins.  give or take 7 or 8K haha
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Posted: 1/16/2018 5:03:45 PM EDT
[#40]
...and you do all of this buying and selling on the Coinbase app?
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Posted: 1/16/2018 5:14:42 PM EDT
[#41]
Good. Maybe video card prices will come down now.
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Posted: 1/16/2018 5:19:17 PM EDT
[#42]
Below $11,000 now
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Posted: 1/16/2018 5:27:36 PM EDT
[#43]
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Posted: 1/16/2018 5:30:30 PM EDT
[#44]
Quote HistoryQuoted:
I can't tell you how to do the math but fundamentally the intrinsic value of Bitcoin is going to relate to the value of non-speculative transactions that it is supporting. Don't misunderstand me. When valued that way, it isn't even worth 10% of what it is trading for right now. Quote HistoryQuoted:
Quoted:
If only I could figure out the fundamentals of what causes price changes in bitcoin I would be a rich man. Does anyone have any insight? I mean it can’t be because one fool wants to buy something and another fool wants to sell that thing, right? Don't misunderstand me. When valued that way, it isn't even worth 10% of what it is trading for right now. |
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Posted: 1/16/2018 5:33:01 PM EDT
[#45]
Down to $10,500 now
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Posted: 1/16/2018 5:33:07 PM EDT
[#46]
Almost 20k a month ago, now 10k............volatile MFer
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Posted: 1/16/2018 5:33:41 PM EDT
[#47]
this is the 235th time bitcoin has died
yet it is still here HODL people |
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Posted: 1/16/2018 5:38:05 PM EDT
[#48]
$10,200 now... Is it going to bust through $10,000?
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Posted: 1/16/2018 5:38:45 PM EDT
[#49]
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Posted: 1/16/2018 5:42:31 PM EDT
[#50]
Quote HistoryQuoted:
...and you do all of this buying and selling on the Coinbase app? |
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