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Merged Bitcoin - Part 3

psionl0 said:
The price of bitcoin has been falling rapidly in line with the rest of the stock market. It is now down to 7800 from over 10000 a couple of weeks ago.

The fact that the price of bitcoin falls by as much as 30% in the space of a couple of weeks is hardly newsworthy of course. What is interesting is that people are no longer seeking refuge in bitcoin during times of economic uncertainty. It no longer picks up when the rest of the market is down.

Lest Samson is tempted to crow, I should point out that no amount of TA would have predicted 2019-NCOV.
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I am pleased to see bitcoin crash.
This is not crowing but logical.
The periodic table has finite members.
The crypto world has infinite possible members so bitcoin is a nonsense.
Warren Buffett:
Bitcoin is like rat poison.
Charlie Munger:
Warren likes bitcoin a lot better than I do.

Hahahahaha
 
psionl0 said:
Don't forget that bitcoin created the corona virus and is responsible for the global recession that is likely to occur. :rolleyes:
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Heh
Warren and Charlie only said it would end badly.
Rats eat the poison and die alone.
 
psionl0 said:
Ah, so this is the end of bitcoin.

I wonder how many times this has been said before in these bitcoin threads since 2010.
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Ah but it is different this time :)

(3rd highest volume day in bitcoin brief history)
 
Samson said:
I am pleased to see bitcoin crash.
This is not crowing but logical.
The periodic table has finite members.
The crypto world has infinite possible members so bitcoin is a nonsense.
Warren Buffett:
Bitcoin is like rat poison.
Charlie Munger:
Warren likes bitcoin a lot better than I do.

Hahahahaha
Click to expand...

The stock world also has infinite possible members. The bond world has infinite possible members. The combined world of financial instruments has infinite possible members. Guess they're all nonsense.

As has been clearly and repeatedly demonstrated, you have absolutely no idea what you're talking about or what any tradeable asset is going to do.
 
trustbutverify said:
The stock world also has infinite possible members. The bond world has infinite possible members. The combined world of financial instruments has infinite possible members. Guess they're all nonsense.

As has been clearly and repeatedly demonstrated, you have absolutely no idea what you're talking about or what any tradeable asset is going to do.
Click to expand...
Demonstrated by whom?
 
psionl0 said:
If you can't tell whether Samson knows what he is talking about or what any tradeable asset is going to do then I feel very sorry for you.
Click to expand...
Bitcoin is rat poison.
Bitcoin is fixing to die with its hapless fools.
Sad but true.
 
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