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-   -   Bitcoin - Part 3 (http://www.internationalskeptics.com/forums/showthread.php?t=336407)

p0lka 14th June 2019 03:23 PM

Quote:

Originally Posted by psionl0 (Post 12726479)

Why did you post that link?

The only relevent thing there was
Quote:

consisting of, containing, covered with, or soaked with liquid (such as water)
which shows water is not wet.

Oh, unless you were agreeing with me sorry.
Thx for confirming water is not wet with your link.

psionl0 14th June 2019 08:27 PM

Quote:

Originally Posted by p0lka (Post 12726710)
Quote:

consisting of, containing, covered with, or soaked with liquid (such as water)
which shows water is not wet.

:confused: Water does not consist of water?

p0lka 15th June 2019 08:45 AM

Quote:

Originally Posted by psionl0 (Post 12726872)
:confused: Water does not consist of water?

well **** me, how did I miss that? I even quoted it. What the hell was I drinking :jaw-dropp

I could argue that it doesn't count though as it's an american dictionary, but I won't. :D

psionl0 15th June 2019 12:57 PM

Quote:

Originally Posted by p0lka (Post 12727106)
well **** me, how did I miss that? I even quoted it. What the hell was I drinking :jaw-dropp

I'm guessing it wasn't water. ;)

Quote:

Originally Posted by p0lka (Post 12727106)
I could argue that it doesn't count though as it's an american dictionary, but I won't. :D

My main point was that it depends on the dictionary you use. For example, the OXFORD dictionary says, "Covered or saturated with water or another liquid". A nit-picker might try to argue that water is not "saturated" with water but I don't see that argument holding water. :D

At the end of the day, argument by dictionary is not particularly helpful.

The_Animus 16th June 2019 08:48 AM

$9220

psionl0 16th June 2019 08:07 PM

Quote:

Originally Posted by The_Animus (Post 12727944)
$9220

It's still "meh". Once it breaks the $10,000 barrier and stays there we might have something comment worthy (not that there is any reason to believe that this is imminent).

Dr.Sid 17th June 2019 04:43 AM

Why at 10k and not let's say 9k ?

psionl0 17th June 2019 09:24 AM

Quote:

Originally Posted by Dr.Sid (Post 12728675)
Why at 10k and not let's say 9k ?

Because a jump from $7700 to $9000 is minuscule by bitcoin standards.

Samson 18th June 2019 04:50 AM

Millennials are buying digital assets rather than stocks and bonds.
They are fools, and we should all remind them of how fools and their money go their separate ways.

Bitcoin has peaked in this rally in my humble opinion.

psionl0 21st June 2019 05:43 PM

Quote:

Originally Posted by Samson (Post 12729825)
Bitcoin has peaked in this rally in my humble opinion.

As usual, you have mistimed the peak. Now past the $10K barrier.

Samson 22nd June 2019 01:10 AM

Quote:

Originally Posted by psionl0 (Post 12732924)
As usual, you have mistimed the peak. Now past the $10K barrier.

Yes fooled again.
Maybe not alone:o

psionl0 22nd June 2019 01:47 AM

Quote:

Originally Posted by Samson (Post 12733157)
Yes fooled again.
Maybe not alone:o

A few days ago I said that there wasn't any reason to believe that crossing the $10K barrier was imminent. So my magic 8 ball is no more reliable than yours.

Dr.Sid 22nd June 2019 04:08 AM

It's all possible thank to me not buying :o

Samson 24th June 2019 03:34 AM

It is possible we are obstinately refusing to make the easiest money in the history of money. As a conscientious objector I will be staunch.

trustbutverify 25th June 2019 10:15 AM

Quote:

Originally Posted by Samson (Post 12733157)
Yes fooled again.

I believe a pattern is emerging.

Quote:

Originally Posted by Samson (Post 12734868)
It is possible we are obstinately refusing to make the easiest money in the history of money.

Waddaya mean "we", white man?

Samson 25th June 2019 03:17 PM

Quote:

Originally Posted by trustbutverify (Post 12736436)


Waddaya mean "we", white man?

A few on the thread confess to being not long bitcoin. Environmentalists and suchlike.
It appears that miners are natural sellers, and many others are HODLs.

Samson 29th June 2019 03:34 AM

The technical picture for the most evil monetary enterprise in human history looks particularly bleak.

6000 first stop on the path to oblivion.
Last 11717

The_Animus 29th June 2019 10:00 AM

Quote:

Originally Posted by Samson (Post 12740206)
The technical picture for the most evil monetary enterprise in human history looks particularly bleak.

6000 first stop on the path to oblivion.
Last 11717

Keep predicting penny dreadful, path to oblivion, etc. for long enough and your technical analysis guessing will eventually be right.

Just as a broken clock will eventually be right about the time.

trustbutverify 29th June 2019 11:26 AM

Quote:

Originally Posted by Samson (Post 12740206)
The technical picture for the most evil monetary enterprise in human history looks particularly bleak.

6000 first stop on the path to oblivion.
Last 11717

10.000th times the charm?

psionl0 29th June 2019 04:29 PM

Quote:

Originally Posted by Samson (Post 12740206)
The technical picture for the most evil monetary enterprise in human history looks particularly bleak.

:sdl: With your track record, maybe we should be taking michaelsuede seriously.

Samson 30th June 2019 03:49 PM

Quote:

Originally Posted by The_Animus (Post 12740341)
Keep predicting penny dreadful, path to oblivion, etc. for long enough and your technical analysis guessing will eventually be right.

Just as a broken clock will eventually be right about the time.

I hold the view there is infinite supply of crypto currency, and divide any number by infinity to get to zero.
Has there ever been a commodity with infinite supply in history?

No says the 8 year old.

And this distribution pattern we currently see is at a perfect retracement level.

last 11000

psionl0 30th June 2019 06:57 PM

Quote:

Originally Posted by Samson (Post 12741239)
I hold the view there is infinite supply of crypto currency, and divide any number by infinity to get to zero.

No you don't. You already know that 21M is the hard limit.

You just believe that because bitcoin is "evil", any BS will do if it talks the price down.

Samson 1st July 2019 12:48 AM

Quote:

Originally Posted by psionl0 (Post 12741359)
No you don't. You already know that 21M is the hard limit.

You just believe that because bitcoin is "evil", any BS will do if it talks the price down.

There is no limit for numbers of cryptocurrencies, just imagination.
Mine is to be called Samsonite.

psionl0 1st July 2019 01:17 AM

Quote:

Originally Posted by Samson (Post 12741490)
There is no limit for numbers of cryptocurrencies, just imagination.

Do you really think that you can pretend that this crap hasn't been rebutted time and time again?

There is no shortage of metals either but that didn't stop you being bullish on gold.

Samson 1st July 2019 02:56 AM

Quote:

Originally Posted by psionl0 (Post 12741496)
Do you really think that you can pretend that this crap hasn't been rebutted time and time again?

There is no shortage of metals either but that didn't stop you being bullish on gold.

That is the interesting proposition, that aggregating piles of compost creates a new truth. It is irrelevant your debunking claims, they always confront the brick wall of infinity.
There is a restricted supply of everything on this planet, excepting creators of crypto currencies.

Belz... 1st July 2019 03:22 AM

Wow, 11,000 now.

Samson 1st July 2019 03:27 AM

Quote:

Originally Posted by Belz... (Post 12741570)
Wow, 11,000 now.

Is that high or low??

This particular pattern has completed the algorithm I tried to help psion and co on my technical analysis threads.

psionl0 1st July 2019 04:14 AM

Quote:

Originally Posted by Samson (Post 12741547)
That is the interesting proposition, that aggregating piles of compost creates a new truth.

No matter how many piles of compost you create, you are definitely not creating any new truths.

psionl0 1st July 2019 04:15 AM

Quote:

Originally Posted by Belz... (Post 12741570)
Wow Yawn, 11,000 now.

ftfy.

Down from nearly 14,000 last week.

Dr.Sid 1st July 2019 04:50 AM

Indeed, the show is over. For another year ?

psionl0 1st July 2019 04:56 AM

Quote:

Originally Posted by Dr.Sid (Post 12741613)
Indeed, the show is over. For another year ?

Why? Have you bought some now?

Dr.Sid 1st July 2019 07:00 AM

Quote:

Originally Posted by psionl0 (Post 12741616)

I did here and then. Managed to avoid the biggest drop. Anyway, over that about 300% increase during these last months I made about minus 5%. :D

psionl0 1st July 2019 08:25 AM

Quote:

Originally Posted by Dr.Sid (Post 12741710)
I did here and then. Managed to avoid the biggest drop. Anyway, over that about 300% increase during these last months I made about minus 5%. :D

You better hold onto them if you don't want the price to jump back up again. ;)

Dr.Sid 1st July 2019 08:47 AM

Nah I think I'm really not suited for daily trading. I see patterns where they are not.
Maybe waiting for another winter ? That time when both prices and activity is low for months .. then buy, wait for next craze. Even if you'd sell after it crashes you would still make tons.
Or maybe it's just another fake pattern ..

psionl0 1st July 2019 09:26 AM

Quote:

Originally Posted by Dr.Sid (Post 12741815)
Nah I think I'm really not suited for daily trading. I see patterns where they are not.

You're not the only one. This thread is full of "experts" on bitcoin price movements.

The truth is that nobody knows what will happen next. Even though in the long run, most buyers who held on to what they bought have made a large paper profit, that situation could change any time between now and infinity.

Samson 1st July 2019 09:58 AM

This woman Caitlin Long explains that bitcoin is systemically stable but not price stable, the antithesis of fiat currency. Is she making sense?
Probably, strong credentials, but she looks like an insider with vested interests.
I think of bitcoin as a bloke's coin, interesting to see a glamour girl weigh in.

https://www.forbes.com/sites/caitlin.../#7a31f03488b8

trustbutverify 1st July 2019 10:47 AM

Quote:

Originally Posted by Samson (Post 12741239)
I hold the view there is infinite supply of crypto currency, and divide any number by infinity to get to zero.
Has there ever been a commodity with infinite supply in history?

I suppose the US Dollar will be hitting zero soon, being there's an infinite supply of fiat currency.

Quote:

Originally Posted by Samson (Post 12741878)
I think of bitcoin as a bloke's coin, interesting to see a glamour girl weigh in.

Just when I thought things couldn't get any stupider...

Samson 1st July 2019 08:06 PM

"I think bitcoin is easily going to take out its all-time highs," Tom Lee, research chief at Fundstrat Global Advisors, said last week on CNBC, saying the digital currency could potentially run as high as US$40,000 if conditions stay favorable. "We're deep into a bull market."

hahahahahahaha

psionl0 1st July 2019 10:25 PM

Dropped below $10,000 in the past hour.

Samson 1st July 2019 10:50 PM

Quote:

Originally Posted by psionl0 (Post 12742550)
Dropped below $10,000 in the past hour.

Let bitcoin never be dull ;)


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