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Merged Bitcoin - Part 3

Dr.Sid said:
Btw. most of the time people say how every new BTC bubble goes higher than the previous one. This one is clearly not the case. Has BTC really peaked ?
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Disclosure of interest.
I have never had any bitcoin, but as a complete believer with delivered proof on other threads here that price history alone is sufficient to deliver highly accurate predictions with concomitant certain profits, I can say that bitcoin is a sublime follower of technical fashion.

However my view is always coloured by the logic,
rat poison,
I think far less of it.

It is all bulldust, destined to be exterminated with the vermin.

I know I am being way too kind. :)
 
Dr.Sid said:
Btw. most of the time people say how every new BTC bubble goes higher than the previous one. This one is clearly not the case. Has BTC really peaked ?
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I can't add much to what I said in post #115. NOBODY knows what will happen next and don't let anybody here tell you otherwise.
 
Samson said:
Disclosure of interest.
I have never had any bitcoin, but as a complete believer with delivered proof on other threads here that price history alone is sufficient to deliver highly accurate predictions with concomitant certain profits, I can say that bitcoin is a sublime follower of technical fashion.
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It's a good thing you didn't actually follow your own predictions on bitcoin. With how often you've been completely wrong you'd be dead broke.

You have never been highly accurate, you just champion the times you guess right and ignore all the times you guess wrong.

You're no different than people who claim to be psychic. The only person you're fooling is yourself.
 
The_Animus said:
It's a good thing you didn't actually follow your own predictions on bitcoin. With how often you've been completely wrong you'd be dead broke.

You have never been highly accurate, you just champion the times you guess right and ignore all the times you guess wrong.

You're no different than people who claim to be psychic. The only person you're fooling is yourself.
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Incorrect.
I have many times listed the specific predictions and actual outcomes on the TA threads, and faithful auditing shows a clearly non random profit profile.
Time and sales was the old way.

Bitcoin is highly predictable with TA, but rat poison fools even rats.
 
In fact I said sell at 11717, went as high as 12250 then down to 9614

Since then there have been multiple iterations of the algorithm saying buy it, but my disgust at the entity precludes me saying it.
 
Samson said:
In fact I said sell at 11717, went as high as 12250 then down to 9614
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ie You failed.

Samson said:
Since then there have been multiple iterations of the algorithm saying buy it, but my disgust at the entity precludes me saying it.
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If you say that there is something immoral about bitcoin then it must be the paragon of virtue.

Only a fool (or somebody with a vested interest) would say that one form of gambling is more moral than another.
 
psionl0 said:
I can't add much to what I said in post #115. NOBODY knows what will happen next and don't let anybody here tell you otherwise.
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This is about as harsh a criticism as you can get for a purported “investment”
 
Bitcoin is poised to meet its doom.
Warren Buffet calls it rat poison and Charlie Munger says of bitcoin I like it a lot less than Warren.
Perfect.
The infinite supply of, say
Bitcoin 1, Bitcoin 2..................Bitcoin n

Means that Tyler and Cameron Winkelvoss should share the key and bail out.
 
Mycroft said:
Can you clarify what that means? Does it mean you expect the price to fall? What time frame?

$11311.70 last.
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Yes I expect it to fall over the next week, to around 10,000.
If it rallied above 12000 meantime I would call the trade a failure.
 
Libra is being designed with utility as the primary function, allowing instant transfer without cost. Bitcoin is declining accordingly. Libra can "suck the oxygen" from all other cryptos.
 
Dr.Sid said:
Libra has no speculative potential, and other cryptos are not used for utility all that much. I don't see it.
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I watch Blocktv, just google it, goes all the time with very clever speakers.
Way above my paygrade so I listen for the most sensible sounding ideas, and that was one of them.

Think about it, blockchain is a thing, and facebook has 2.5 billion users, many with no access to bank accounts, who look for an easy way to remit or receive money. Bitcoin may have done the heavy lifting establishing protocols, but intrinsic value will be forever out of reach.
 
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