Currency Wars, USD, YEN, Bitcoin and what it means to you.

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jjbehren
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Fri Feb 02, 2018 10:00 am

toobs wrote:Jus woke up to see I missed that crazyness....looks like saw that floor... I think...
Wake up to a ton of alerts from Delta saying everything I own is at all time lows > plan on putting a little more money in once I get the kids off to school > get kids off to school > check phone and see that everything is up 10-15% since I woke up...
samuraiwriter
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Fri Feb 02, 2018 10:01 am

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acidburn
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Fri Feb 02, 2018 10:03 am

jjbehren wrote:
toobs wrote:Jus woke up to see I missed that crazyness....looks like saw that floor... I think...
Wake up to a ton of alerts from Delta saying everything I own is at all time lows > plan on putting a little more money in once I get the kids off to school > get kids off to school > check phone and see that everything is up 10-15% since I woke up...
It was brutal at 7am
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finneganm
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Fri Feb 02, 2018 10:08 am

It’s insane that prices are back to where they were like three months ago.
...
...
That's what she said
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acidburn
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Fri Feb 02, 2018 10:11 am

finneganm wrote:It’s insane that prices are back to where they were like three months ago.
I've just fallen more onto the whole Tether manipulation side of things over the last few weeks.
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toobs
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Fri Feb 02, 2018 10:13 am

Yes missed the chaos by 30 something mins... Everything jumping up fast
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
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toobs
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Fri Feb 02, 2018 10:15 am

acidburn wrote:
finneganm wrote:It’s insane that prices are back to where they were like three months ago.
I've just fallen more onto the whole Tether manipulation side of things over the last few weeks.
Their total market is like 2 billion right ... do you really think usdt can manipulate the market that much with a cap of 400-500 billion though

U think we get one more big dip before it flares out and moves back in the right direction?
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
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acidburn
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Fri Feb 02, 2018 10:27 am

toobs wrote:
acidburn wrote:
finneganm wrote:It’s insane that prices are back to where they were like three months ago.
I've just fallen more onto the whole Tether manipulation side of things over the last few weeks.
Their total market is like 2 billion right ... do you really think it can change the market that much at 400-500 billion though
More about pumping money into it, taking out and putting it back in on repeat amongst all currencies. I mean look at the timeline. The rise stopped happening around when they got the subpoena. Now prob under a microscope they aren't there for the support like those months. There are def arguments against this but its just too coincidental at this point. However it is nice watching that it is possible to make a 20% bounce right away. Gives hope that its still possible to jump back up. A little worried about this SEC meeting though
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toobs
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Fri Feb 02, 2018 10:32 am

Werd... Interesting... For sure there is manipulation... Idk what to do anymore one half us like you're down a couple hundo the other half is like put in now while market is down big... But I'm thinking we got another week or two of a down trend sooooo....
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
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63schoeffling
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Fri Feb 02, 2018 12:35 pm

Wish I wasn't tapped out.... so many tasty levels lately.
1000steps
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Fri Feb 02, 2018 1:28 pm

friendly public service announcement

https://www.marketwatch.com/story/bitco ... 2018-01-31

IRS is making moves to crack down on crypto exchanges - if you think this crash is bad, the IRS is worse
Welcome to the sleaze pit
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chevyav53
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Fri Feb 02, 2018 1:32 pm

1000steps wrote:friendly public service announcement

https://www.marketwatch.com/story/bitco ... 2018-01-31

IRS is making moves to crack down on crypto exchanges - if you think this crash is bad, the IRS is worse
aint that the truth... Ol Pres found out how to pay for the wall..... while sticking it to a few SF based companies 'i.e. Coinbase'
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TKuczynski
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Fri Feb 02, 2018 3:18 pm

I mean, you should pay your taxes.

The nubs aren't whining over crypto being taxed, it's that crypto-to-crypto trades can't be deemed like-kind transactions. That special treatment is now reserved solely for real estate. How 'bout that.

And what exactly is "sticking" to Coinbase? In what world does Coinbase have some responsibility to ensure individuals pay their taxes? What? If I have a Chase checking account, is Chase somehow liable if I commit tax fraud?
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toobs
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Fri Feb 02, 2018 3:21 pm

honestly people are freaking out over common sense rules ..... i get it thought
Codeblue wrote:Ya know they'll put out at least 1 "ZOMG gotta rub mah nuts on another dukes butt to get in line for it" poster.
bigstrunso
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Fri Feb 02, 2018 3:41 pm

toobs wrote:
acidburn wrote:
finneganm wrote:It’s insane that prices are back to where they were like three months ago.
I've just fallen more onto the whole Tether manipulation side of things over the last few weeks.
Their total market is like 2 billion right ... do you really think usdt can manipulate the market that much with a cap of 400-500 billion though

U think we get one more big dip before it flares out and moves back in the right direction?



Are you familiar with float?


You know there isn't 400-500 billion worth of capital in the market, right?
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