The bitcoin market is collapsing

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Post By: coalnewbie » Tue. Jan. 16, 2018 6:00 pm



... not me ... I am just commenting.


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Post By: k-2 » Wed. Jan. 17, 2018 1:24 am

I have friend whose into this with his own money, i keep telling him it cant last .Get out before the bottom falls out. It was at 19000 when i last mentioned it to him.

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Post By: coalnewbie » Wed. Jan. 17, 2018 3:22 am

Well it's 10800 now and falling, I hope he listened.I don't know about EVs but a lot of Lambos are going to be for sale as the young get fleeced.I need a new manure puller.

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Post By: k-2 » Wed. Jan. 17, 2018 11:31 am

What goes up must come down,eventually!

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Post By: coaledsweat » Sun. Feb. 04, 2018 6:41 am


coalnewbie
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Post By: coalnewbie » Sun. Feb. 04, 2018 8:14 am

I can't keep abreast of all this. As we go lower will this mean I can naked short the market? I really think the market will now see a new bottom.

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Post By: lsayre » Sun. Feb. 04, 2018 9:38 am

coalnewbie wrote:
Sun. Feb. 04, 2018 8:14 am
I can't keep abreast of all this. As we go lower will this mean I can naked short the market? I really think the market will now see a new bottom.
You want to naked short when the market is high. Which it most likely still is. I find it somewhat ironic that the week when short selling went live was the week of crypto's highest ever valuation. Coincidence?

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Post By: k-2 » Mon. Feb. 05, 2018 4:49 pm

Down to $7000 today!!!


coalnewbie
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Post By: coalnewbie » Mon. Feb. 05, 2018 7:00 pm

It's global, bitcoin is but a one trillion dollar start ...


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Post By: coaledsweat » Thu. Apr. 05, 2018 5:44 pm


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grumpy
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Post By: grumpy » Thu. Apr. 05, 2018 5:53 pm

coaledsweat wrote:
Thu. Apr. 05, 2018 5:44 pm
India banned it.

https://www.zerohedge.com/news/2018-04-05/india-b ... y-services
So much for freedom, here, there, anywhere..

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Post By: lsayre » Thu. Apr. 05, 2018 6:25 pm

grumpy wrote:
Thu. Apr. 05, 2018 5:53 pm
So much for freedom, here, there, anywhere..
Competing currencies challenge the supreme authority of a nation. Eventually this will happen in other nations, including the USA. Who can believe that the USA will allow currency competition?

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grumpy
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Post By: grumpy » Thu. Apr. 05, 2018 7:44 pm

lsayre wrote:
Thu. Apr. 05, 2018 6:25 pm
Competing currencies challenge the supreme authority of a nation. Eventually this will happen in other nations, including the USA. Who can believe that the USA will allow currency competition?
Yep..

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Post By: coaledsweat » Tue. Apr. 17, 2018 5:57 am


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lsayre
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Post By: lsayre » Tue. Apr. 17, 2018 6:19 am

Bitcoin liberals are tax cheats. According to 'Credit Karma' only about 0.04% of US cryptocurrency owners are reporting their excercised gains to the IRS. That's one in 2.500.


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