Bitcoin Tumbles 25
The dramamine drive aboard the BTC rollercoaster persists. After crossing $200 yesterday plus hitting $260 this morning, Bitcoin has due to the fact tumbled to $200, or a 25% drop in hours, on surprisingly light amount. Only adults should be onboard this particular rollercoaster because if a mysterious buyer(s) elect to offload their amassed positions, there won't be any stops protecting on the draw back. As usual, and as we informed earlier today when BTC reach its record high, "those exactly who absolutely must chase this kind of runaway chart should not "invest" a single penny more than they are at ease losing." In fact, at this point it is perhaps only the most habitual of momentum pursuing gamblers that should be involved in the label, especially if shorting BTC is indeed as described earlier, about to become a chance.
And some amusing insights into the virtual currency from dpa AFX' Scott Solano, along with a "technical" perspective:
LOL, seriously this idea is so retarded. I can't actually think anyone actually buys these kind of invisible ponzi coins. These nerdy anarchist gurus trust computers more than his or her government. What a bunch of seeps.
Yes, all this gloating over bitcoin's collision by PM holders whom missed the boat will be as unseemly as the gloating of the paperbugs after silver's submit $50 slump.
And no, I didn't purchase silver anywhere near $50, and don't owned a BTC (at any price). Just think y'all could exhibit a little more grace. and BTCbugs might still win the war despite shedding this battles.
PS yourrrre a dickwad, 'Fonestar'
edit: is other people tiring of the 'Bad Idea Testosterone levels Shirt' girl and her silly grin? Get your tits out from my face, trollop.
BTC at $165. Exactly where are all those buttcoin shills? I have a few buttcoins for them at only $250. They should find them now before it's too late! Only 21 years old million of them will ever be generated! Their value can only get higher! Cheap Louis Vuitton Bags The algorithm says hence!
There is some problems with bitcoin marketplace services at the moment. Data is going to may not display properly. Huge amount of people are currently loading the servers. Bitstamp and Mt. Even fiat newspaper is worth MOAR. You can draw on document, leave "honeydew" lists, fold the item into paper airplanes, as well as origami animals for the kiddies it's also possible to wipe your ass having paper.
Can't do any of these with SHITCOIN.
Bitcoin isn't worth Things. You can fertilize a garden with shit. I can trade crap to the farmer down the road, regarding fresh eggs.
Meanwhile the truth is, in the above scenario (that we may or may not be claiming), websites is $1.118,744 (ROI=25x) at NPV of $260, or possibly a measly $860,572 (ROI=19x) at $200 NPV. / So good for a $45k investment! /s
Got platinum? Got rich? And I occur to own gold, not praise or sleep with it.
Meanwhile, lemme see how that $50k in PM from last summer Drop is doing. Shit, down 10%! Bernanke, an individual motherf.!
The point is, my dear friends, of which smart investors treat it (gold, bitcoin, etc) like a business or perhaps board game, not like a marriage or perhaps religion (as some conduct). Be mad and down arrow me if it makes you feel better, but that's the truth and you simply frikkin know it.
2013 Looking Like 2008 All Over Again
With the recent expense correction, you may think that requirement is down and items are abundant. In reality, there are industry wide delays around numerous mainstay products. Peppermint is being forced to allocate Gold Eagles, limiting how many can be acquired each week per dealer. Although the Mint is on tempo to produce nearly 60 Trillion Silver Eagles this year, and that is an all time record, they are nevertheless unable to keep up with demand. Excellent Silver Eagle sales will be languishing, and products would be available for speedy delivery. That wasn't the truth in 2008 and it is not the case today. In fact, there has been multi week delays plus rising premiums on Magic Eagles, 90% "junk" Silver bags, and also 100 ounce Silver Night clubs. What does that tell you?
DotGov continues to be trying to get people to "give up working with cash" for Decades, dumbass. So, buying to a COMPLETELY trackable scam like Bitcoin isn't going to guarantee "Libertarian Freedom", or "dethrone Fiat Currencies.In It does exactly what the system's been hoping you dumbfucks would perform, ever since credit cards were invented.
Wear a gold ring, as well as go down to your local Paki, or Sikh owned or operated gas station, and ask if you can fork out in Bitcoin; watch them give you the WTF? look, when you try to explain what the fuck a Bitcoin can be. Offer to trade the gold ring, and see what they say.
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