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1,129 160 January 15, 2018 at 03:17 PM
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#2
"Don't be one of these fools ..." ... that makes a sh*t ton of money. OK. Don't. The same bulls**t has been going around since BTC cost less than $1 and the same people are still proclaiming crypto's demise. When it's $50K, they'll still be singing the same tune.
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#3
Someone's still cranky because they bought bitcoin at $19K. Hm.... maybe it'll break under $12K today. I wonder how many bitcoin bankruptcies there will be.
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#4
Quote from ghostofposterspast
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Someone's still cranky because they bought bitcoin at $19K. Hm.... maybe it'll break under $12K today. I wonder how many bitcoin bankruptcies there will be.
$11,300 and falling. Bitcoin Cash is down 24%. For all anyone knows it MIGHT go up another 10x from here, but good grief, I don't know how anyone can recommend people put their savings in this bubble. So many retirees, single parents, and everyday people are going to get burned.
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#5
Quote from dukeblue219
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$11,300 and falling. Bitcoin Cash is down 24%. For all anyone knows it MIGHT go up another 10x from here, but good grief, I don't know how anyone can recommend people put their savings in this bubble. So many retirees, single parents, and everyday people are going to get burned.
Bitcoin has zero intrinsic value. Bitcoin will fail miserably when the hype is over.
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#6
Quote from mikemcsd
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Bitcoin has zero intrinsic value. Bitcoin will fail miserably when the hype is over.
As much as we hate their is bad investments and good investments this already peaked as it seems so lots of people made good $$$ and lots of people probably lost a lot of $$$.
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just being slick
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#7
Quote from gpister
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As much as we hate their is bad investments and good investments this already peaked as it seems so lots of people made good $$$ and lots of people probably lost a lot of $$$.
What does this have to do with my comment?
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#8
Quote from mikemcsd
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What does this have to do with my comment?
Well like you said the hype it's just losing the hype it had. People are losing trust in bitcoin.
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#9
Quote from dukeblue219
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$11,300 and falling. Bitcoin Cash is down 24%. For all anyone knows it MIGHT go up another 10x from here, but good grief, I don't know how anyone can recommend people put their savings in this bubble. So many retirees, single parents, and everyday people are going to get burned.
They deserve to get burned, too many idiots put money in crap they have no clue about. These aren't "investors" they are lottery ticket scratchers with super weak hands LMAO speculators wanting to moon in their lambo then end up pushing a shopping cart next month cause they lost their as s
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#10
Bitcoin 10K!!! Bitcoin 10K!!!!
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#11
their is a suicide hotline for those with bitcoin. the jig is up.
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#12
Quote from gpister
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Well like you said the hype it's just losing the hype it had. People are losing trust in bitcoin.
No, they're not.
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#13
Quote from ghostofposterspast
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Bitcoin 10K!!! Bitcoin 10K!!!!
Asian investors bought them back.
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#14
Quote from WuyiL
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Asian investors bought them back.
Those crazy dudes did bid it back up above 10K. Barely. Don't worry, we'll knock them flat tomorrow.
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#15
Every time it dips the uneducated come out of the woodwork claiming that it's all over. And every time it goes right back up and you guys slink back into the shadows. Crypto most certainly is a bubble in the making and it will burst one day, but that day is not upon us. Institutional money just entered en masses a few months ago and the market isn't going to go belly up that soon after their entry. Moreover, if you compare this to the dot.com bubble we are nowhere even remotely close to the same stage of the game. And most of the people who saw this on the news in recent months haven't even been able to buy yet because the exchanges are backed up for ~3 months on verifying accounts in compliance with AML/KYC regulations due to overwhelming demand. Surely, there is no way to know precisely when it's all going to come crashing down, but a reasonable, experienced individual can at least get a sense for whether we have entered a time to be extra cautious. If you were actually educated about the market you would know it doesn't really matter anyway. Stick to coins with high liquidity and set stop losses so the only thing you stand to lose are profits. If you are so certain it will all collapse at any moment then put your money where your mouth is and short it. If you have no idea what shorting is and/or how to short crypto, you shouldn't even be commenting on the market at all.
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