Is bitcoin heading for a bubble at $30 a coin?
- #83
- Dec 19, 2017 11:50pm Dec 19, 2017 11:50pm
- | Commercial User | Joined Aug 2014 | 3,922 Posts
there is always, always another trade!!
{quote} knock yourself out! some will impose very nicely over BTC chart. https://www.google.co.th/search?q=pu...vudaln9boYl6M:
- #86
- Dec 20, 2017 12:22am Dec 20, 2017 12:22am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
there is always, always another trade!!
- #87
- Edited 7:30am Dec 20, 2017 6:55am | Edited 7:30am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Bitcoin is forever. Bitcoin is the future! 
Ok, even they will never dump this craptosht, like they did with that sweet goodie "triple A subprime asset", we, those who believe in crypto, we must look insane today. Because today crypto sounds like a frenzy which makes it more and more to be alike any other bubble.
Just look at those many people, they don't even want to know what is it in order to buy it.
What?! A weapon against the system and "power to the people", a gift for the whole world from the God of Electricity. Doesn't matter!
Deutsche bought it hard at some point that sweet legit and clean "triple A sht asset" until the day when their "Brothers" across the ocean dumped it all.
I mean people can buy anything just because many other people have already bought it, not because they know what it is and how it works.
Information is nothing. Crowd rules! Greed...
Then, the frenzy is adding value to this "something" making it to look cool and smart, strong, solid, reliable, real big, valuable, important, desirable for more and more other buyers who are only worried that they didn't bought it from the start ...and they didn't bought more of it ...and now they will miss the fortune's train ...and they'll be left out of this super-cool party.
You know what? I like that.
I'd like to be among the top guys, buying anytime NOW this full of potential asset with you guys, hopefully the winners, on the top side of the crypto pyramid.
Scheme or not, I don't care. Just keep your eyes open in trading and don't put your house in the game!
Nobody can guarantee though or reasonably proove to convince everybody that "they" won't dump this sht in few years and you'll get caught with your pants off, because nobody really knows now for sure if crypto is the brightest future or is just another subprime, or Ponzi.
After all, everything (even the crashes) is just usual business, trading...
Good luck, ...all of you believers!
Ok, even they will never dump this craptosht, like they did with that sweet goodie "triple A subprime asset", we, those who believe in crypto, we must look insane today. Because today crypto sounds like a frenzy which makes it more and more to be alike any other bubble.
Just look at those many people, they don't even want to know what is it in order to buy it.
What?! A weapon against the system and "power to the people", a gift for the whole world from the God of Electricity. Doesn't matter!
Deutsche bought it hard at some point that sweet legit and clean "triple A sht asset" until the day when their "Brothers" across the ocean dumped it all.
I mean people can buy anything just because many other people have already bought it, not because they know what it is and how it works.
Information is nothing. Crowd rules! Greed...
Then, the frenzy is adding value to this "something" making it to look cool and smart, strong, solid, reliable, real big, valuable, important, desirable for more and more other buyers who are only worried that they didn't bought it from the start ...and they didn't bought more of it ...and now they will miss the fortune's train ...and they'll be left out of this super-cool party.
You know what? I like that.
I'd like to be among the top guys, buying anytime NOW this full of potential asset with you guys, hopefully the winners, on the top side of the crypto pyramid.
Scheme or not, I don't care. Just keep your eyes open in trading and don't put your house in the game!
Nobody can guarantee though or reasonably proove to convince everybody that "they" won't dump this sht in few years and you'll get caught with your pants off, because nobody really knows now for sure if crypto is the brightest future or is just another subprime, or Ponzi.
After all, everything (even the crashes) is just usual business, trading...
Good luck, ...all of you believers!
Member
- #88
- Dec 20, 2017 7:13am Dec 20, 2017 7:13am
- Joined Mar 2017 | Status: Impeccable | 2,829 Posts
Bitcoin is forever. Bitcoin is the future!
Self discipline It is a practice
- #89
- Dec 20, 2017 7:17am Dec 20, 2017 7:17am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Had some BITCOIN in my Blockchain wallet bought few years ago checked recently they gave me some free bitcoin cash. lol
Great job!
Keep it up, bro!
Member
- #98
- Dec 21, 2017 12:46am Dec 21, 2017 12:46am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
I thought of sharing this story..its funny but may be true also
A lot of monkeys lived near a village.
One day a merchant came to the village to buy these monkeys.
He announced that he will buy the monkeys for $100 each
The villagers thought that this man is mad.
They thought how can somebody buy monkeys at $100 each?
Still, some people caught some monkeys and gave it to the merchant and he gave $100 for each monkey as promised!
The news spread like wildfire and people caught monkeys and sold it to the merchant
After a few days, the merchant announced that he will buy monkeys @ $200 each
The lazy villagers also ran around to catch the remaining monkeys!
They sold the monkeys @ $200 each
Then, the merchant announced that he still needs more monkeys, this time he can pay $500 for each
The villagers start to lose sleep! They caught few more monkeys somehow, which was all that was left and got $500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he is going home for a week. And when he returns he will buy monkeys @ $1200 each.
He asked his employee to take care of the monkeys he bought.
The merchant went home.
The villagers were very sad as there were no more monkeys left for them to sell!
Then the employee told them that he will sell some monkeys @ $700 each secretly.
This news spread like fire, all thought they can grab a profit of $1200-$700 = $500 from this deal.
The next day, villagers made a queue near the monkeys cage.
The employee sold all the monkeys @ $700 each. The rich bought monkeys in big lots, the poor borrowed money from money lenders and also bought few monkeys.
The villagers took care of their monkeys and waited for the merchant to return
But days past, nobody came! Then they ran to the employee
But he has already left too
The villagers then realised that they have bought the useless stray monkeys @ $700 each and unable to sell them!
Bitcoin looks like this kind of monkey business
A lot of monkeys lived near a village.
One day a merchant came to the village to buy these monkeys.
He announced that he will buy the monkeys for $100 each
The villagers thought that this man is mad.
They thought how can somebody buy monkeys at $100 each?
Still, some people caught some monkeys and gave it to the merchant and he gave $100 for each monkey as promised!
The news spread like wildfire and people caught monkeys and sold it to the merchant
After a few days, the merchant announced that he will buy monkeys @ $200 each
The lazy villagers also ran around to catch the remaining monkeys!
They sold the monkeys @ $200 each
Then, the merchant announced that he still needs more monkeys, this time he can pay $500 for each
The villagers start to lose sleep! They caught few more monkeys somehow, which was all that was left and got $500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he is going home for a week. And when he returns he will buy monkeys @ $1200 each.
He asked his employee to take care of the monkeys he bought.
The merchant went home.
The villagers were very sad as there were no more monkeys left for them to sell!
Then the employee told them that he will sell some monkeys @ $700 each secretly.
This news spread like fire, all thought they can grab a profit of $1200-$700 = $500 from this deal.
The next day, villagers made a queue near the monkeys cage.
The employee sold all the monkeys @ $700 each. The rich bought monkeys in big lots, the poor borrowed money from money lenders and also bought few monkeys.
The villagers took care of their monkeys and waited for the merchant to return
But days past, nobody came! Then they ran to the employee
But he has already left too
The villagers then realised that they have bought the useless stray monkeys @ $700 each and unable to sell them!
Bitcoin looks like this kind of monkey business
- #99
- Dec 21, 2017 1:26am Dec 21, 2017 1:26am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
I thought of sharing this story..its funny but may be true also
)But in Logic this it's a false analogy, and the error of wrong extension of terms.
A classical example of Default Logic is: “birds typically fly”.
This rule can be expressed in standard logic either by “all birds fly”, which is inconsistent with the fact that penguins do not fly,
or by “all birds that are not penguins and not ostriches and ... fly”, which requires all exceptions to the rule to be specified.
Default logic aims at formalizing inference rules like this one without explicitly mentioning all their exceptions.
...but nice monkey story!
Member
- #100
- Dec 21, 2017 1:32am Dec 21, 2017 1:32am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
{quote} I have enjoyed very much that joke, thank you!