Time to board the Bitcoin train

C'mon, at least hold to 3k. That's inevitable. Just opinion.

Ton of you around, why? you were never in for it for the tech?

Obviously.

Tech? I thought It was just a get-rich-quick scheme

Hey, let’s be honest here. We are all in it for the price

For fuck sake people!

Your kids! heck your grand kids kids will play with this!

Give them something in your Blockchain Will one day.

How does one "play" with said Bitcoin?

cause it has kewl hash strings that looked techno.

1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

A Bitcoin Lightning Network powered RPG PenguinShooter

[link to i.imgur.com (secure)]

[link to twitter.com (secure)]
[link to twitter.com (secure)]
[link to discuss.atom.io (secure)]
[link to medium.com (secure)]

Looks at numbers on a screen that mean shit is what 'play' means.

Is that a sound?

Not really catching your retarded argument.

When did your imagination die?

You a NPC?

a value set by dumbfucks is not an intrinsic value.

because those who bought it when it was 18000$ and now it is 3000 earned minus 15 000$....
thats why!


Last Edited by PsihoLog on 02/18/2019 05:42 PM

Yeah they have totally lost their shit and blames everyone else but not themselves.

typical narcissist kids with lambo/chicks/derp mentality.

flex and wrestle with the logans on youtube.

All aboard the FOMO EXPRESS!!

choo chooo!

If you don't buy Bitcoin for ideology, buy it for asymmetric investment.

If you don't buy Bitcoin to secure your offspring's future, buy it to gain financial independency for yourself.

If you don't buy Bitcoin to end tyranny, buy it for free speech.


p.s. if you want multiply your money (btc) fast (min. x500), you must buy Phoenixcoin [link to coinmarketcap.com (secure)]

flood of pokemon coins threads with rise of anonymous shilltards...
coincidence?...

High $19,065 (on weekly chart)
Current $3,900

Nearly all people who have bought Bitcoin since 9/17/2017 are UPSIDE DOWN on their purchase. There have only been 5 weeks since then that Bitcoin has traded lower than it's present price, and all of those have been in the last 2 months. To top it off those prices haven't been much lower than the present price (meaning not much of a gain has been possible).

Following the 90/10 rule, a mania object will lose lose 90% of it's gains once the mania ceases leaving only 10% of the gains, AT MOST. With that knowledge one can easily calculate where a solid basing area for Bitcoin MIGHT come into play.

Weekly price high $19,065, the old long term basing ares before the "Bubble" was in the $600 to $950 range, so let's call it $1000 for shits and grins, leaving a BUBBLE GAIN of $18,000+-. 90% of that is $16,200. 19,065 less $16,200 gives an indicated HIGHEST LEVEL potential pricing base area in the $2,850 range, but it could easily be lower. (That is still a solid $1000 below the current level). Bitcoin could easily go all the way back to it's old basing area of $600 to $900 before it hits a solid foundation.

If you analyze risk, even if one believes in Bitcoin, one should NOT invest in Bitcoin until it hits that potential base area $2,850 (preferably lower), otherwise your RISK for further declines is way too high on a "risk adjusted basis".


(to condense MANY years and a lot of research of my looking at MANY Manias: ... in my review of major "mania's" over the centuries I have noted that some go all the way to ZERO ... only those with real economic substance can really form a "Base" and SLOWLY start back up from there. To add further ... usually the collapse off of a bubble top takes 24 to 60 months, with most of those collapses bottoming in the 36 to 48 month range)

Last Edited by Midwest Skeptic on 02/18/2019 05:58 PM

Vladimir Putin Says Russia Needs Blockchain, Cannot be Late in the Race

" Russian President Vladimir Putin has stated that the country needs blockchain technology and emphasized that it is important that Russia does not fall behind in the development and adoption of the revolutionary technology.

Russia Insight, which provides unique insights into the Russian market, released a video featuring a discussion between Putin and the country’s largest bank Sberbank president Herman Gref, during which Putin noted the necessity of the country, its regulators, and local banks of adopting blockchain technology.

“We need [blockchain technology]. … Stone Age has not ended due to lack of stones, but because new technologies appeared. Those late in this race will instantly, VERY FAST, be under full dependence from leaders of these processes,” wrote bitcoin investor and expert Trace Mayer, translating the words of Putin.

Gref, who oversees the most influential financial institution in Russia, has long been an optimistic cryptocurrency and blockchain enthusiast. In November 2017, Gref stated that cryptocurrencies are a fact of our life, noting that cryptocurrencies will become an indispensable part of the global financial system.

“Virtual currencies are a natural outcome of blockchain technology. We may ban them, we may welcome them. It is trendy to urge people not to play with them. But they are a fact of our life,” said Gref, at a meeting of the Russian entrepreneurs association.

In late January, Sberbank went as far to say that the bank will likely launch a cryptocurrency trading platform in the future, to address the rapidly growing demand for bitcoin and other cryptocurrencies in the market from local investors.

Sberbank’s Head of Global Markets Andrey Shemetov said that the bank aims to provide strategic access to all kinds of products and services investors may need to invest in the cryptocurrency market.

In the same month, President Putin told TASS, a Russian news agency, that regulations will be implemented to protect investors and facilitate the growth of businesses. He further noted that cryptocurrencies can operate as a medium of exchange and a settlement network, but expressed his concerns over the store of value aspect of it.

Similar to the viewpoint of the vast majority of bankers and government officials, Putin stated that since cryptocurrencies are not backed by anything, their value cannot be warranted.

However, the lack of intrinsic value is apparent in all currencies, stocks, bonds, assets, and commodities. The value of any asset solely depends on its supply and demand, and the market is responsible for its value. Thus, the lack of intrinsic value in cryptocurrencies is a non-issue, as the market decides, in real time, the value of cryptocurrencies in the market. "

[link to www.ccn.com (secure)]

and then they turned back to gold standard...

That would be perfect.

disney

Not them anymore but they probably HODL as fuck atm ;)

$2,850 Could happen indeed.

when will then those who bought it at 19000 earn for lambo ?...
or for castle by the sea?....

aihihihihihi

How?

Get your calculator and start to type shit, you will eventually get it.

fwiw ... one also HAS to look at the TIMING for the bottoming of the object of a Mania. IMO we are still WAY TOO EARLY on the timeframe chart for a solid bottom of this Mania to be hit.

Those that look at price alone are missing the entire psychology of the group of people who "invested" in the mania object, and when they psychologically FINALLY throw in the towel on their "investment". A solid base can NOT be formed UNTIL the mass of investors psychologically GIVE UP and throw in the towel on their losing investment ... which requires the passage of time. (which probably means a base area closer to it's old base area than at the $2,850 level)

Last Edited by Midwest Skeptic on 02/18/2019 06:08 PM