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11-29-2017 , 01:49 PM
Look at market watch and other similar sites. The tech stocks are taking a beating so I open up market watch to see what’s going on and the front page as well as top five stories are all bitcoin. I’ve never had so many people ask me about bitcoin as they have in the last 24hrs or so.
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11-29-2017 , 01:56 PM
Today's Goldman Sachs opinion:

"New York: Bitcoin is a commodity with many similarities to gold, and the volatility that has sparked investor concern stems mainly from its lack of liquidity, said Jeff Currie, global head of commodities research for Goldman Sachs Group Inc.

“I don’t see why there is all this hostility to it,” Currie said in an interview on Bloomberg Television. Bitcoin is “not much different than gold” because it doesn’t have liability attached to it by definition, like a security.

The cryptocurrency has surged almost 12-fold this year to top $11,000, while gold has climbed about 12%..........."

http://www.livemint.com/Money/gPmO2B...ays-Goldm.html
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11-29-2017 , 01:57 PM
If we aren't in a bubble, they really want is to be
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11-29-2017 , 02:00 PM
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11-29-2017 , 02:07 PM
In before the congressional hearings. i am surprised they haven't yet invented JP Morgan Coin, "the coin can you can trust" or "Reverse Mortgage Coin: the coin that PAYS YOU"
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11-29-2017 , 02:20 PM
Quote:
Originally Posted by aggo
With CME, CBOT and now Nasdaq all planning futures there should be some juicy arbs available, at least early on. Screw buy and hold I will be looking for some risk free cash
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11-29-2017 , 02:29 PM
Quote:
Originally Posted by OmgGlutten!
In before the congressional hearings. i am surprised they haven't yet invented JP Morgan Coin, "the coin can you can trust" or "Reverse Mortgage Coin: the coin that PAYS YOU"
You just described ripple and bitconnect afaik.
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11-29-2017 , 02:48 PM
Quote:
Originally Posted by OmgGlutten!
In before the congressional hearings. i am surprised they haven't yet invented JP Morgan Coin, "the coin can you can trust" or "Reverse Mortgage Coin: the coin that PAYS YOU"
not sure what you are implying...but here is a wicked concept. it makes no sense to take a loan denominated in crypto...unless that loan has a negative rate - ie take a loan for 1 btc and be obliged to pay .5 bitcoin at some point down the road. negative rates.


total mind****. ill mind**** you again tomorrow with something else if you keep checking this thread.
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11-29-2017 , 02:58 PM
Quote:
Originally Posted by OFA
At some point the price will dip again. I'm thinking of selling at about 13000$ and buying again if there's a dip

Anyone else got any similar strategies?
That has worked very well for people who knew it was gonna "correct" at 4k,6k,8k...

You're trying to time the market. Unless you have solid data that nobody else has, don't do it.

The people i mentor do the following (fwiw, they are successful, no people who can't afford to lose all):

1) How much of your networth you wanna hold in BTC? Stick to that %, adjust monthly. If you invest, make sure you have a long-term horizon.

2) If you buy, just buy all at once right away. No waiting for the price to drop etc... your EV is the same. Other people are more emotional, so i tell them to buy daily/weekly for the same amount, no matter if price is up or down.... just so they don't *** themselves over

3) Know the reasons for 1). Have your reasons written down, have written down what must happen in order for you to sell or what could possibly change your opinion.
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11-29-2017 , 03:12 PM
Quote:
Originally Posted by ThinkItThrough
T have solid data that nobody else has, don't do it.

The people i mentor do the following (fwiw, they are successful, no people who can't afford to lose all):

1) How much of your networth you wanna hold in BTC? Stick to that %, adjust monthly. If you invest, make sure you ust happen in order for you to sell or what could possibly change your opinion.
Do you have anyone who can provide a testimonial about your services on 2p2?
Particularly those who’ve received investment guidance from you
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11-29-2017 , 03:18 PM
Hahahahahahahahahahaahhahaha

REKT
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11-29-2017 , 03:21 PM
Quote:
Originally Posted by rubbrband
Look at market watch and other similar sites. The tech stocks are taking a beating so I open up market watch to see what’s going on and the front page as well as top five stories are all bitcoin. I’ve never had so many people ask me about bitcoin as they have in the last 24hrs or so.
This started a couple weeks ago and because Bitcoin euphoria is so insane right now it made new ATH every other day since.
There was a day where 7 of the 8 posted articles were Bitcoin related.
Made it pretty easy for me to look for profit taking opportunities and when 8 out of the 10 top Market Cap coins make new ATHs in the same weekend = fist pump lock in profits and wait on the sidelines for next opportunity.
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11-29-2017 , 03:27 PM
Anyone buying the dip?
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11-29-2017 , 03:27 PM
woke up tickled pink that Bitcoin/ETH had extended runs EVEN MORE and I got to sell my last ~15% position off at even more absurdly high prices...OH WAITtttttttt...2k ****ing drop in the time it takes for my withdrawl limits to reset. <3 crypto
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11-29-2017 , 03:32 PM
Quote:
Originally Posted by Trolly McTrollson
Anyone buying the dip?
The "institutional money" is:
http://omniexplorer.info/lookupadd.a...o5LsPTW1zBTwXL

Another 25M $ of magic Tethers, ready to buy the dip.
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11-29-2017 , 03:35 PM
ITS HAPPENING.GIF
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11-29-2017 , 03:36 PM
lol gemini is down, this is gonna be good

edit: coinbase too, ruh roh
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11-29-2017 , 03:39 PM
You should have sold at $11k
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11-29-2017 , 03:41 PM
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Originally Posted by Nonfiction
lol gemini is down, this is gonna be good

edit: coinbase too, ruh roh
"minor service outage".

You HAVE to have your orders out ahead of volatility in these markets boysies.

WHEN YOU NEED to move your BTC the most...or your exchange to function THE MOST...they will **** you. Look at the FOMO tards who chased the cashening....biggest candle of the weekend and POOF there goes the exchanges.
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11-29-2017 , 03:44 PM
Quote:
Originally Posted by Duffman08
woke up tickled pink that Bitcoin/ETH had extended runs EVEN MORE and I got to sell my last ~15% position off at even more absurdly high prices...OH WAITtttttttt...2k ****ing drop in the time it takes for my withdrawl limits to reset. <3 crypto
crypto experts learn about liquidity

did coinbase go down also?
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11-29-2017 , 03:46 PM
Quote:
Originally Posted by juan valdez
crypto experts learn about liquidity

did coinbase go down also?
Yeah. First time I've been unable to log into it in over a year.
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11-29-2017 , 03:46 PM
it's a great store of value
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11-29-2017 , 03:48 PM
To the MOOOOOOOOON!!!
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11-29-2017 , 03:49 PM
Lol
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11-29-2017 , 03:50 PM
Quote:
Originally Posted by Duffman08
Yeah. First time I've been unable to log into it in over a year.
how about GDAX?
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