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-   -   Would you bet the Porche on bitcoin right now. (https://gfy.com/showthread.php?t=1300027)

Smack dat 06-13-2018 02:37 PM

Would you bet the Porche on bitcoin right now.
 
Balls. You have them?

pimpmaster9000 06-13-2018 05:30 PM

Not until the price stabilizes...when the volatility is gone them it's time to enter a longer term position...

beerptrol 06-13-2018 06:15 PM

a lot of people had the balls at the beginning of the year, now they have been neutered. If the prices drop a little more I will be buying more crypto. I bought some more LTC just now

adultchatpay 06-13-2018 06:35 PM

Time to buy now

GFED 06-13-2018 07:05 PM

Quote:

Originally Posted by crucifissio (Post 22286709)
Not until the price stabilizes...when the volatility is gone them it's time to enter a longer term position...

I agree with the prophet.

poncabare 06-13-2018 09:28 PM

What’s a porche

Mr Pheer 06-13-2018 10:33 PM

Quote:

Originally Posted by poncabare (Post 22286763)
What’s a porche

It's a sports car from Serbia.

celandina 06-14-2018 12:09 AM

Quote:

Originally Posted by Mr Pheer (Post 22286774)
It's a sports car from Serbia.

A.k.a. Serbian Porsche

https://img.gta5-mods.com/q95/images...o/229f3f-1.jpg

Not to be confused with a Phillipino Porsche

https://dy98q4zwk7hnp.cloudfront.net...=thumbnail&s=1

:1orglaugh:1orglaugh:1orglaugh

thommy 06-14-2018 12:54 AM

Quote:

Originally Posted by crucifissio (Post 22286709)
Not until the price stabilizes...when the volatility is gone them it's time to enter a longer term position...

IF the price stabilize there is no reason for anybody to buy them.
the wins one can make is based on the volatility.
a stabilized bitcoin means that you will loose money on changing them into real money.

this is nothing but a gamble. you bet about how much the ash from burnt coal is worth or how much the biggest idiot is willing to pay for it.

pimpmaster9000 06-14-2018 02:12 AM

Quote:

Originally Posted by thommy (Post 22286800)
IF the price stabilize there is no reason for anybody to buy them.
the wins one can make is based on the volatility.
a stabilized bitcoin means that you will loose money on changing them into real money.

this is nothing but a gamble. you bet about how much the ash from burnt coal is worth or how much the biggest idiot is willing to pay for it.

bitcoin has lost its role as a payment method and has become a get rich quick scheme...everybody who got in in the last 6 months has lost money and the price and volume are naturally going down...at the moment there is 0 reason to buy coins...they will keep falling until only the die hard coiners are holding...

however, bitcoin has pumped up and crashed down several times in the past 10 years and it will do so again...between these periods there were long periods of relatively stable price and low volatility...

people will get greedy again...it is only a matter of time and now more people than ever know about bitcoin...the pump that will ensue may or may not be bigger than 2017 but it will be easy easy money...

thommy 06-14-2018 02:36 AM

Quote:

Originally Posted by crucifissio (Post 22286818)
bitcoin has lost its role as a payment method and has become a get rich quick scheme...

it was never a payment method. even zug in switzerland what was know as the first bitcoin city in the world had in the last year 20 bitcoin transactions in the whole town.

Quote:

everybody who got in in the last 6 months has lost money and the price and volume are naturally going down...at the moment there is 0 reason to buy coins...they will keep falling until only the die hard coiners are holding...
it is a logic rule: where are winners there have to be looser. if you you have big winners you have to have MANY looser.

that makes it so similar to the bet system and snowball systems.

Quote:

however, bitcoin has pumped up and crashed down several times in the past 10 years and it will do so again...between these periods there were long periods of relatively stable price and low volatility...
low volatility will cause that people moving their capital into other opportunities because they want to make the fast money.
this makes the whole thing paradox because as soon as it is stable the gamblers go out and will cause a decrease. this is what you will see in the next few years.

Quote:

people will get greedy again...it is only a matter of time and now more people than ever know about bitcoin...the pump that will ensue may or may not be bigger than 2017 but it will be easy easy money...
there are actually more than 2000 crypto currencies in the market and another 10.000 startups in the waiting line.

even when they ALL say that the value of them is based on the limit of the coins there is no limit of the number of different currencies. they can produce unlimited "limited currencies" and the value of all them together will always represent the number of existing goods and services available.
with other words. this is a mega inflation what is just producing costs and no values.

the one and only value in this hype is the energy that is used to mine those coins. but this value is gone after the coin is mined. as i said: coal to ash and the ash shall be the
value. not very logic.

pimpmaster9000 06-14-2018 02:59 AM

Quote:

Originally Posted by thommy (Post 22286831)
it was never a payment method. even zug in switzerland what was know as the first bitcoin city in the world had in the last year 20 bitcoin transactions in the whole town.



it is a logic rule: where are winners there have to be looser. if you you have big winners you have to have MANY looser.

that makes it so similar to the bet system and snowball systems.



low volatility will cause that people moving their capital into other opportunities because they want to make the fast money.
this makes the whole thing paradox because as soon as it is stable the gamblers go out and will cause a decrease. this is what you will see in the next few years.



there are actually more than 2000 crypto currencies in the market and another 10.000 startups in the waiting line.

even when they ALL say that the value of them is based on the limit of the coins there is no limit of the number of different currencies. they can produce unlimited "limited currencies" and the value of all them together will always represent the number of existing goods and services available.
with other words. this is a mega inflation what is just producing costs and no values.

the one and only value in this hype is the energy that is used to mine those coins. but this value is gone after the coin is mined. as i said: coal to ash and the ash shall be the
value. not very logic.


everything you said is completely true...the 1000-s of coins are a joke...nobody uses them for anything other than speculation or crime anyway...

I predict a multi year bear market for coins...it will keep going down in price and many users will be shaken out...but at some point it will become too attractive to not buy...for example if BTC falls to 100$ would you not buy some? yes it is a stupid ponzi coin but money is money :2 cents:

it is only a matter of time before this stuff pumps again...people are greedy and even though many got burned lately, time will heal their wounds and the greed will return...

CurrentlySober 06-14-2018 03:02 AM

i like Poorche

thommy 06-14-2018 03:33 AM

Quote:

Originally Posted by crucifissio (Post 22286836)
for example if BTC falls to 100$ would you not buy some? yes it is a stupid ponzi coin but money is money :2 cents:

if i still see volatility - yes i would.

but not because i believe in such bullshit just because i know that there are still enough idiots that ARE believing because they do not have a clue what role money plays in matters of economy.

everyone who is buying a lottery ticket is aware that IF he wins he will take it from the others who are going to loose.

if EVERYONE would see crypto like that they could make the same game easier, simpler and cheaper. what i just don´t accept is that people really believe that crypto is a currency or have anything to do with that.

i can make such a "currency" with shit (CS would love it) and it would have more value because it still can be used to fertilize plants. but as there would be every day more shit in the market it would loose value in the moment when there is more shit around as people like currently sober who want to buy it.

CurrentlySober 06-14-2018 03:38 AM

Quote:

Originally Posted by thommy (Post 22286844)

i can make such a "currency" with shit (CS would love it) and it would have more value because it still can be used to fertilize plants. but as there would be every day more shit in the market it would loose value in the moment when there is more shit around as people like currently sober who want to buy it.

i cunt a4d2 buy it... :(

thommy 06-14-2018 04:49 AM

Quote:

Originally Posted by CurrentlySober (Post 22286846)
i cunt a4d2 buy it... :(

i can make you a good price for the older shit i have in stock.
actually you also save delivery costs because I keep it here but i certify that it is yours.
this certificate i call "shitcoin"

i am pretty sure that the shitcoin will beat everything on the market - i assume a price of around 10 billion dollars within 2 years per coin.

after that we will come with the bullshit-coin and the complete knock out will be
the diarrhea-coin what will be launched in 2019.

i really c(o)unt on you !!!

pimpmaster9000 06-14-2018 06:36 AM

the first honest coin LOL

Useless Etherum Token (UET)

https://thumbor.forbes.com/thumbor/9...2F07%2FUET.jpg


“The world’s first 100% honest Ethereum ICO.” This website is full of digs aimed at ICOs. FAQ: “Wait … is this a joke? Is it a scam? Neither! This is real — and it’s 100% transparent. You’re literally giving your money to someone on the internet and getting completely useless tokens in return.”

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaughMarket Cap

Market cap:
$53,240 USD

Volume (24h)
7 BTC
87 ETH



3,965,716 UET

GFED 06-14-2018 06:53 AM

Volatility is good for selling puts. But I want uptrend to buy stock (or btc). Higher highs, higher lows, above 20 day moving average... IMO.

Busty2 06-14-2018 07:37 AM

Amazon may be ready to accept BITCOIN ?
 
Amazon may be set to announce that it will be accepting Bitcoin and other cryptocurrencies on its e-commerce platform.

Amazon has registered three new domains related to cryptocurrency, prompting speculation it may be about to announce a move into the sector.

The company has not made an announcement regarding the reason for the registrations, but it could be preparing to accept the currencies as payment or launching an exchange for customers to purchase them.

Amazon's legal department is listed as the registrant for the .com domains amazonethereum, amazoncryptocurrency, and amazoncryptocurrencies.

Amazon registered amazonbitcoin.com three years ago, which redirects to the amazon.com site.

While it is possible Amazon has registered the domains to prevent others from using them, there are strict consumer protections in the US against "domain squatting" - or registering a domain with the intent of profiting from someone else's trademark - which would make this unnecessary.


If so this could be a game changer ?

dyna mo 06-14-2018 07:49 AM

you guys aren't aware the btc market is being completely manipulated via tether?

the entire 2017 growth was engineered.

but by all means keep thinking you're dazzling everyone with your "volatile" market knowledge.

pimpmaster9000 06-14-2018 07:54 AM

Quote:

Originally Posted by dyna mo (Post 22286942)
you guys aren't aware the btc market is being completely manipulated via tether?

the entire 2017 growth was engineered.

but by all means keep thinking you're dazzling everyone with your "volatile" market knowledge.


literally everybody knows this...I thank tether for fucking shit up...volatility is great for trading...who cares about coins LOL

dyna mo 06-14-2018 07:58 AM

Quote:

Originally Posted by crucifissio (Post 22286946)
literally everybody knows this...I thank tether for fucking shit up...volatility is great for trading...who cares about coins LOL

exclaims the guy who just months ago didn't even know what a btc exchange was.

you and and nazi thommy have a lot in common with your economie 101 baloney.

:1orglaugh please continue, I enjoy LOLing at you two bozos.

Tasty1 06-14-2018 08:01 AM

i recently bought some vpn services with bitcoin. No email needed, no bank, very easy and private.

pimpmaster9000 06-14-2018 08:11 AM

Quote:

Originally Posted by dyna mo (Post 22286951)
exclaims the guy who just months ago didn't even know what a btc exchange was.

you and and nazi thommy have a lot in common with your economie 101 baloney.

:1orglaugh please continue, I enjoy LOLing at you two bozos.


says the guy who thinks people do not know about tether :1orglaugh:1orglaugh:1orglaugh

I am doing on average 1%/day...my 101 seems to be working fine :2 cents::2 cents::2 cents::2 cents:

dyna mo 06-14-2018 08:14 AM

sure ya are.


the fact you think you need to impress me reveals otherwise.

pimpmaster9000 06-14-2018 08:20 AM

Quote:

Originally Posted by dyna mo (Post 22286961)
sure ya are.


the fact you think you need to impress me reveals otherwise.

it is not impressive...with 5%/day swings it is pretty modest...but the point is I do better than you biiiiiiitch :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh

dyna mo 06-14-2018 08:28 AM

ahahahahahahahahahahahahah

sure thing, enjoy your heart attack & stroke from daytrading manipulated btc for pennies while you spew anti-American hate on GFY.

nikki99 06-14-2018 08:30 AM

what shud I do???

pimpmaster9000 06-14-2018 08:38 AM

Quote:

Originally Posted by dyna mo (Post 22286975)
ahahahahahahahahahahahahah

sure thing, enjoy your heart attack & stroke from daytrading manipulated btc for pennies while you spew anti-American hate on GFY.

its no stress at all... I put in a buy order above or below the current price and if it goes that way I get an alarm just before the condition for my buy order is met...after that i move stop losses or get stopped out at buying price minus the 0.05% fee...no stress at all...


Quote:

Originally Posted by nicki99 (Post 22286975)
what shud I do???

do not make the same mistakes...if you keep losing money quit crypto or hold and forget...

JFK 06-14-2018 10:01 AM

Quote:

Originally Posted by crucifissio (Post 22286902)
the first honest coin LOL

Useless Etherum Token (UET)

https://thumbor.forbes.com/thumbor/9...2F07%2FUET.jpg


“The world’s first 100% honest Ethereum ICO.” This website is full of digs aimed at ICOs. FAQ: “Wait … is this a joke? Is it a scam? Neither! This is real — and it’s 100% transparent. You’re literally giving your money to someone on the internet and getting completely useless tokens in return.”

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaughMarket Cap

Market cap:
$53,240 USD

Volume (24h)
7 BTC
87 ETH



3,965,716 UET

:thumbsup:thumbsup:2 cents:

GFED 06-14-2018 10:02 AM

Quote:

Originally Posted by dyna mo (Post 22286942)
you guys aren't aware the btc market is being completely manipulated via tether?

the entire 2017 growth was engineered.

but by all means keep thinking you're dazzling everyone with your "volatile" market knowledge.

All markets are manipulated.

dyna mo 06-14-2018 10:11 AM

Quote:

Originally Posted by GFED (Post 22287067)
All markets are manipulated.

you're right. Although btc in its entirety can surely be directly controlled, I doubt there are few other legitimate regulated markets that have that kind of risk and exposure across the board.

Don't get me wrong, I'm in crypto. certainly not btc though and certainly not day trading.

and there's a couple guys in this thread I poke hard at, that deserve it, not you of course.:thumbsup


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