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Bitcoin price suddenly surges to 3-year high

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trog100 said:
do i detect some gamer negativity beginning to show.. he he

trog
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Not at all, just trying to keep the threads progressing without getting derailed, that's all ;)
 
lexluthermiester said:
We could do that and focus the topic on Cryptocoin prices and market trends. Shall I?
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so how do you keep the "crypto needs to die" people out of it.. cos they are the problem and always have been..

trog
 
trog100 said:
so how do you keep the "crypto needs to die" people out of it.. cos they are the problem and always have been..
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Comments like that aren't exactly welcoming, are they.

@bogmali
Done, new thread created.
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Cryptocoin Value and Market Trend Discussion

As this discussion topic keeps coming up in other threads it seemed wise to give this particular aspect of cryptocoins a thread to call home. The focus and scope of this thread is to track the values and market trends of cryptocoins of all varieties. Please limit discussion to that topic focus...
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Why come into a thread about Bitcoin and its value if you think it is stupid or the people investing in it are stupid. I typically don't voice my opinion in threads I have no interest in or think are stupid. I mean unless you just want to try to appear superior or rile up people, whats the point? Also if you are offended that people have faith in crypto then maybe don't visit here because of course people that have invested in crypto have a stronger belief in its success than a non-investor. That doesn't make them stupid or you stupid, we just don't agree on cryptos value and that is fine.

If there was a thread on beaniebabies and their value I would just not participate.
 
ZenZimZaliben said:
Why come into a thread about Bitcoin and its value if you think it is stupid or the people investing in it are stupid. I typically don't voice my opinion in threads I have no interest in or think are stupid. I mean unless you just want to try to appear superior or rile up people, whats the point? Also if you are offended that people have faith in crypto then maybe don't visit here because of course people that have invested in crypto have a stronger belief in its success than a non-investor. That doesn't make them stupid or you stupid, we just don't agree on cryptos value and that is fine.

If there was a thread on beaniebabies and their value I would just not participate.
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Who are talking to? This is why the quote function exists.
 
I find this all to be very interesting.. it’s just bad timing to get into gaming or mining right now if you are on a bit of a budget :D
 
lexluthermiester said:
Who are talking to? This is why the quote function exists.
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Man so many posts happened while typing that out lol, thought I was going to be right under them.
 
ZenZimZaliben said:
Why come into a thread about Bitcoin and its value
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Good afternoon...:).

I normally don't discuss the fundamental underpinnings of any markets(especially in public), because I am strictly a technical analyst and never use market fundamentals to determine whether to invest in something or not. In fact...I believe they're worthless in determining value simply because the "herd" trades on belief and emotion. Although...there is a small group of men who do study fundamentals diligently and can be handsomely rewarded for having done so...to not acknowledge the hardworking...is folly. I tip my hat...

I wanted to respond to this comment from ZZZ on why I personally drop in to this thread now and again. I do so to see commentary in regards to Bitcoin because I have had a lifelong fascination with market bubbles and their dynamics. I've studied bubble economies since....well, for 40 years now. Bitcoin et al. from my perspective is a financial mania and absolutely from day one has had zero value other than...."belief" of value. The principle and primary ingredient for a bubble. When viewing my charts...I believe this to be the largest bubble in recorded history. Again...I will recommend reading Charles McKay's novel....Extraordinary Popular Delusions and the Madness of Crowds.

What concerns me as I'm watching the stock market peak(It will not pass it's May 10, 2021 high, or you can feel free to call me incorrect on the matter)...is the "second act". It's the second act that most interested parties(especially in bitcoin) never seem to consider and having grown up in the backrooms of brokerage firms...I am absolutely certain there will be a second act.

Liquid...what do you mean by a "second act"? I mean...the real reason for bitcoin hasn't quite stepped forward yet. Again...from my perspective...those who hold bitcoin and other cryptos are crying freedom....where I see virtual slavery as the only end game. Complete regulation, taxation...and if the local currency is competed against. Just as in gold...confiscation. The rest of society ends up in a dystopian nightmare in the process...and bitcoin is what I would call...the introduction. Perhaps bitcoin is just an instrument of introduction to a new digital age of....well, whatever you want to call it is fine. I called it a dystopian nightmare because that is how I see it...quite clearly.

Step right up, step right up and see this amazing new gizmo gadget you can wow your friends with. You sir...yes you. Let me familiarize you with our new digital currency...check out this fancy new crypto called...Bitcoin. It will be the talk of the town. Step right up step right up folks...be amazed and wondered at this new techology.

It's been bought....hook, line, and sinker.

Best Regards,

Liquid Cool
 
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