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2017! NC/LC THREAD! let us gogogogo 2017! NC/LC THREAD! let us gogogogo

06-07-2017 , 12:11 AM
Quote:
Originally Posted by DonkeyOnTilt
I loved deathdonkey and danzasmack vids the most. Joe tall also very good. I miss dc.

Sent from my SM-G950U using Tapatalk
Are they gone? It seems like they sent me emails not that long ago.
06-07-2017 , 04:28 AM
The site is still there but none of us have anything to do with it anymore.

Thanks for the sweat and kind words. Pretty tough day all the short stacks doubled up right away and I lost a couple pots and got handcuffed. Btw the final 3 have been 3 handed for hours, quite a sick duel. No one knows how scary good Abe is.
06-07-2017 , 12:11 PM
Quote:
Originally Posted by Clayton
25th in the dealers choice hyachachacha


Working remotely during the series or well planned time off?
06-07-2017 , 11:08 PM
I'm the only amateur at my 1500 HORSE table, all they talk about is Bitcoin
06-07-2017 , 11:15 PM
Quote:
Originally Posted by quantph
I'm the only amateur at my 1500 HORSE table, all they talk about is Bitcoin
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett
06-07-2017 , 11:24 PM
Quote:
Originally Posted by avoidthe9to5
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett


I'm way more afraid of Bitcoin than razz
06-08-2017 , 12:07 AM
Quote:
Originally Posted by avoidthe9to5
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett
I remember thinking this when bitcoin was under $100.

I just can't bring myself to buy something I believe to be overpriced on the hope that it will be even more overpriced in the future.

At the current rate, it has to be a bubble, right? And even if it is, how high will it go before it pops?
06-08-2017 , 02:28 AM
Quote:
Originally Posted by KL03
I remember thinking this when bitcoin was under $100.

I just can't bring myself to buy something I believe to be overpriced on the hope that it will be even more overpriced in the future.

At the current rate, it has to be a bubble, right? And even if it is, how high will it go before it pops?
During your fundamental and/or technical analysis of BTC, what factors led you to believe it is overpriced?
06-08-2017 , 12:23 PM
Quote:
Originally Posted by MacauBound
During your fundamental and/or technical analysis of BTC, what factors led you to believe it is overpriced?
ding dingitty ding ding ding.
06-08-2017 , 03:30 PM
Quote:
Originally Posted by UpHillBothWays
ding dingitty ding ding ding.
Yet I'm the guy who got in around 220-240 just to play poker with and ran it up, only to cash out profit in usd. Obv using that method up until a month or two ago has led me to pay way more than 240 when I've had to redeposit so lol me.

The past few days on that site we've had the pleasure of seeing the biggest hu flhe match I can remember at approx. 900/1800 usd limits running like 10 hrs/day

There was over 400k on the table the first day as a former lhe superhero decimated his foe. Looks like things have evened up a bit since but I've no idea what the tally is.

Last edited by MacauBound; 06-08-2017 at 03:46 PM. Reason: hu match - return of neverwin
06-08-2017 , 03:32 PM
Quote:
Originally Posted by avoidthe9to5
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett
What about when a small minority are greedy and the rest are either fearful or haven't heard of bitcoin?
06-08-2017 , 04:00 PM
what site is this-swc or something else
06-08-2017 , 04:50 PM
Quote:
Originally Posted by MacauBound
During your fundamental and/or technical analysis of BTC, what factors led you to believe it is overpriced?
That there's an amazing unresolved arbitrage opportunity in various national markets suggests that at least a significant portion of the trading volume is speculative. As a matter of fact, aside from ransomware payments, what percentage of the bitcoin talk is about how high bitcoin will go versus how often bitcoin is used?

Bitcoin's deflationary design is good in the sense that it will generate a lot of publicity as the price per bitcoin rises naturally; it may be even good for cryptocurrency in general in terms of getting people introduced to the idea of cryptocurrency. But it's also the root cause of unnecessary volatility in the price, and ultimately, unless the trading volume growth exceeds the rate of growth, it will end up as a collector's item - every owner will be a paper millionaire but unable to cash out.
06-08-2017 , 05:20 PM
How many five dollar words can you shove into one post?
06-08-2017 , 05:27 PM
Quote:
Originally Posted by DonkeyOnTilt
How many five dollar words can you shove into one post?
Depends how much the post is worth.
06-08-2017 , 06:02 PM
Damn I love a good economics joke.
06-08-2017 , 10:34 PM
What's the difference between an economist and a man with Alzheimer's?

The economist is the one with the calculator.
06-08-2017 , 10:43 PM
Quote:
Originally Posted by callipygian
That there's an amazing unresolved arbitrage opportunity in various national markets suggests that at least a significant portion of the trading volume is speculative. As a matter of fact, aside from ransomware payments, what percentage of the bitcoin talk is about how high bitcoin will go versus how often bitcoin is used?

Bitcoin's deflationary design is good in the sense that it will generate a lot of publicity as the price per bitcoin rises naturally; it may be even good for cryptocurrency in general in terms of getting people introduced to the idea of cryptocurrency. But it's also the root cause of unnecessary volatility in the price, and ultimately, unless the trading volume growth exceeds the rate of growth, it will end up as a collector's item - every owner will be a paper millionaire but unable to cash out.
Agree w first sentence; of course it's highly speculative. The 2nd sentence is odd (ransomware payment is way down the line of what BTC community is concerned with/talks about, though maybe there was a headline or two on front page of my web browser) and while I know it's prob rhetorical, searching for this "percentage" or ratio doesn't seem to indicate much about value, even if we knew the answer (which we never could obv).

Agree w first sentence of next paragraph. Agree w first half of second sentence (though I'd delete 'unnecessary', what does that even mean in this context?). The collector's item metaphor, paper millionaires unable to cash out, sounds kinda cute, though I've seen little (maybe zero) evidence to support such a simplistic scenario.

Not recognizing that BTC's further push into the mainstream (the correlation between that and trading volume) and the serious brainpower of those collaborating on ensuring BTC will thrive might be ignoring some key factors. There's also this tech/blockchain stuff that I don't really understand, but its also supposed to be important and useful. I'm from the "need it to play poker, what's this BTC all about?" camp and I've mostly been doing it wrong til a couple months ago as I previously noted, so I'm relying on indicators gleaned from those who are way smarter than I am. Cuz even though I know some things about some things, it's always been wicked hard for me to know everything about everything.

One thing I can say for certain about BTC? The nosebleed HU LHE match was/is on swcpoker.eu and they've temporarily moved down in stakes to approx. 3/600 usd.
06-08-2017 , 10:46 PM
Sounds like someone's going busto
06-08-2017 , 10:52 PM
I'm starting to feel like jake gylenhaal in Nightcrawler, it's so hard to look away
06-09-2017 , 11:28 AM
Mr's Locke and Donkey deep again.
Favorable table draws?
06-09-2017 , 02:50 PM
Yes for me. But such a tough field overall. I've missed this event past two years being in other things so first time playing. It is tough and stressful. Big bet games are scary.
06-09-2017 , 02:55 PM
Which event is this? Dealer's choice?
06-09-2017 , 04:24 PM
Yes 10k DC. Entertaining table for DD, def a couple big bet leaning players. Have some fun out there, the table banter alone might be worth the 10k lol.

GG jl brutal flop considering it's surprising she didn't try to get the pot hu w bad aces.
06-09-2017 , 04:54 PM
PL 2-7 makes me ill, made some ridic nitty preflop folds because i dont know what im doing. cant imagine going against 10k players calling that game. just seems so easy to get raised after the first or second draw and be OOP and wanting to die.

      
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