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More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?

 
Yew
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05/14/2019 09:11 AM
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More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
When global stocks tumble, it appears people across the globe thrust their money into bitcoin.


I wonder if that trend will randomly stop or if it will become a greater trend moving forward. (the answer should be obvious)

[link to www.cnbc.com (secure)]





Again, I am posting this to show you guys bitcoin is permanent and not going anywhere. It's now the fail-safe option for when global markets begin failing.

Last Edited by Yew on 05/14/2019 09:16 AM
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Yew  (OP)

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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Anybody find it interesting that the day the stock market tumbles 696 points



bitcoin raises up over $1,000? Tens of billions were funneled into bitcoin yesterday as the market fell.
[link to www.youtube.com (secure)]


Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
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05/14/2019 09:18 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Anybody find it interesting that the day the stock market tumbles 696 points



bitcoin raises up over $1,000? Tens of billions were funneled into bitcoin yesterday as the market fell.
 Quoting: Yew




Stock market has big decline and then bitcoin receives billions.


Its like people literally cashed out stocks and quickly bought up bitcoin as a safer option
Yew  (OP)

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05/14/2019 09:26 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Anybody find it interesting that the day the stock market tumbles 696 points



bitcoin raises up over $1,000? Tens of billions were funneled into bitcoin yesterday as the market fell.
 Quoting: Yew




Stock market has big decline and then bitcoin receives billions.


Its like people literally cashed out stocks and quickly bought up bitcoin as a safer option
 Quoting: Anonymous Coward 70939447


Yep!! I wonder if in 20 years people will still be proclaiming 'crypto is a ponzi scheme you extremely rich idiots!'
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Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
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05/14/2019 09:31 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
CRYPTO HAS LESS THAN A WEEK BEFORE IT DECLINES FOR A FEW MONTHS
Anonymous Coward
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05/14/2019 09:35 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
bsflag

I call BS on cnbc.. NOT enough BTC to act as a hedge.

Blockchain would show it.
Anonymous Coward
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05/14/2019 09:42 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
bsflag

I call BS on cnbc.. NOT enough BTC to act as a hedge.

Blockchain would show it.
 Quoting: Anonymous Coward 27104721


Arent there 10s of billions that entered the market while the us stock and other global stock exchanges tumbled a bit?


Did you not look into this before claiming bs?
Anonymous Coward
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05/14/2019 09:46 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
bsflag

I call BS on cnbc.. NOT enough BTC to act as a hedge.

Blockchain would show it.
 Quoting: Anonymous Coward 27104721


Arent there 10s of billions that entered the market while the us stock and other global stock exchanges tumbled a bit?


Did you not look into this before claiming bs?
 Quoting: Anonymous Coward 70939447


BTC was running before the market declined.

BTC would be up to new highs if the article was true.

Dont believe anything CNBC puts out or the "experts"
they source.

BTC is entirely controlled now and will move according
to the puppeteers.
Anonymous Coward
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05/14/2019 09:58 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
bsflag

I call BS on cnbc.. NOT enough BTC to act as a hedge.

Blockchain would show it.
 Quoting: Anonymous Coward 27104721


Arent there 10s of billions that entered the market while the us stock and other global stock exchanges tumbled a bit?


Did you not look into this before claiming bs?
 Quoting: Anonymous Coward 70939447


BTC was running before the market declined.

BTC would be up to new highs if the article was true.

Dont believe anything CNBC puts out or the "experts"
they source.

BTC is entirely controlled now and will move according
to the puppeteers.
 Quoting: Anonymous Coward 27104721


Ok just because every single company didnt do it doesnt mean the article is a lie.

Market was running prior to stock drop, yes, but once stock dropped bitcoin rose $1000 in a single day.

Lets just act like those two are unrelated because thats what makes sense to do. Ignore data.
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05/14/2019 10:37 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
With these recent spikes in bitcoin, bitcoin dominance has increased to 60% of the market.


What this is doing, is slowly inching bitcoins price higher while still able to keep alt coins lower.



Smartest investment advice is Invest In Bitcoin And Let It Sit For Years. All the alt-coin stuff is a winners game if you get lucky; it is difficult to research a crypto and predict its success, unless you're bitcoin.
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05/14/2019 10:39 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
CRYPTO HAS LESS THAN A WEEK BEFORE IT DECLINES FOR A FEW MONTHS
 Quoting: Anonymous Coward 75758325


It seems the new "flight to safety" for seasoned investors.
Yew  (OP)

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05/14/2019 10:40 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
CRYPTO HAS LESS THAN A WEEK BEFORE IT DECLINES FOR A FEW MONTHS
 Quoting: Anonymous Coward 75758325


It seems the new "flight to safety" for seasoned investors.
 Quoting: Anonymous Coward 71388910


ohyeah
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Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
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05/14/2019 10:41 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
With these recent spikes in bitcoin, bitcoin dominance has increased to 60% of the market.


What this is doing, is slowly inching bitcoins price higher while still able to keep alt coins lower.



Smartest investment advice is Invest In Bitcoin And Let It Sit For Years. All the alt-coin stuff is a winners game if you get lucky; it is difficult to research a crypto and predict its success, unless you're bitcoin.
 Quoting: Anonymous Coward 75758325


One can open a coinbase account and have $10/month taken out of checking. You'll never miss it, but 10 years from now you'll be happy.
Yew  (OP)

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05/14/2019 10:42 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
With these recent spikes in bitcoin, bitcoin dominance has increased to 60% of the market.


What this is doing, is slowly inching bitcoins price higher while still able to keep alt coins lower.



Smartest investment advice is Invest In Bitcoin And Let It Sit For Years. All the alt-coin stuff is a winners game if you get lucky; it is difficult to research a crypto and predict its success, unless you're bitcoin.
 Quoting: Anonymous Coward 75758325


One can open a coinbase account and have $10/month taken out of checking. You'll never miss it, but 10 years from now you'll be happy.
 Quoting: Anonymous Coward 71388910


clappa

if you had a blue name I'd be throwing green at ya
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Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Idk
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05/14/2019 10:49 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Can what get any more obvious?
Anonymous Coward
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05/14/2019 11:36 AM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
With these recent spikes in bitcoin, bitcoin dominance has increased to 60% of the market.


What this is doing, is slowly inching bitcoins price higher while still able to keep alt coins lower.



Smartest investment advice is Invest In Bitcoin And Let It Sit For Years. All the alt-coin stuff is a winners game if you get lucky; it is difficult to research a crypto and predict its success, unless you're bitcoin.
 Quoting: Anonymous Coward 75758325


One can open a coinbase account and have $10/month taken out of checking. You'll never miss it, but 10 years from now you'll be happy.
 Quoting: Anonymous Coward 71388910


clappa

if you had a blue name I'd be throwing green at ya
 Quoting: Yew


That's just as good. Cheers & HODL
Anonymous Coward (OP)
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05/14/2019 12:37 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Can what get any more obvious?
 Quoting: Idk 70898657


that crypto isn't going anywhere!

even when bitcoin goes beneath 2k



it still isnt going anywhere and will still skyrocket
Anonymous Coward (OP)
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05/14/2019 12:38 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
With these recent spikes in bitcoin, bitcoin dominance has increased to 60% of the market.


What this is doing, is slowly inching bitcoins price higher while still able to keep alt coins lower.



Smartest investment advice is Invest In Bitcoin And Let It Sit For Years. All the alt-coin stuff is a winners game if you get lucky; it is difficult to research a crypto and predict its success, unless you're bitcoin.
 Quoting: Anonymous Coward 75758325


One can open a coinbase account and have $10/month taken out of checking. You'll never miss it, but 10 years from now you'll be happy.
 Quoting: Anonymous Coward 71388910


clappa

if you had a blue name I'd be throwing green at ya
 Quoting: Yew


That's just as good. Cheers & HODL
 Quoting: Anonymous Coward 71388910



hf grouphug
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05/14/2019 01:04 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
It's a distraction so people won't invest in gold, silver, and other hard assets. The people at the top of the food chain would prefer to have people putting their money into bitcoin because cryptos are really easy to counterfeit while the hard assets are not. Simply split the blockchains they already have or create new cryptos.
Yew  (OP)

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05/14/2019 01:10 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
It's a distraction so people won't invest in gold, silver, and other hard assets. The people at the top of the food chain would prefer to have people putting their money into bitcoin because cryptos are really easy to counterfeit while the hard assets are not. Simply split the blockchains they already have or create new cryptos.
 Quoting: Anonymous Coward 75716984


if so, there are a handful of us who will be able to cash out and buy gold


but also



why on earth do you think crypto's are really easy to counterfeit? I'd love to see your piling evidence of such claims so I can learn what you know

Last Edited by Yew on 05/14/2019 01:12 PM
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Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Yew  (OP)

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05/14/2019 01:15 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
I think from here we're only going upwards.

What the Cryptotards think?!

Stellar is mooning hard.

35 % !


[link to coinmarketcap.com (secure)]
 Quoting: A R K


You can't buy anything with the shit
 Quoting: Anonymous Coward 76688124


APMEX, Inc., based in Oklahoma City, Oklahoma, is the world's largest online retailer of precious metals
 Quoting: [link to en.wikipedia.org (secure)]


Now accepting bitcoin
[link to www.apmex.com (secure)]
 Quoting: Anonymous Coward 73649866


It's a distraction so people won't invest in gold, silver, and other hard assets. The people at the top of the food chain would prefer to have people putting their money into bitcoin because cryptos are really easy to counterfeit while the hard assets are not. Simply split the blockchains they already have or create new cryptos.
 Quoting: Anonymous Coward 75716984




well lookie there. use your crypto to buy the gold.

problem solved ;)
[link to www.youtube.com (secure)]


Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Anonymous Coward
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05/14/2019 01:16 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
It's a distraction so people won't invest in gold, silver, and other hard assets. The people at the top of the food chain would prefer to have people putting their money into bitcoin because cryptos are really easy to counterfeit while the hard assets are not. Simply split the blockchains they already have or create new cryptos.
 Quoting: Anonymous Coward 75716984


Cryptos are easy to counterfeit?!

Show me how to counterfeit a bitcoin please
Or do you mean taking the blockchain and making a shitcoin that no one will buy?
Eubillicant Complectogram

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05/14/2019 01:16 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Artificial assimilation

Tech industry is drowning in toxic swamp creatures.
Yew  (OP)

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05/14/2019 01:29 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
It's a distraction so people won't invest in gold, silver, and other hard assets. The people at the top of the food chain would prefer to have people putting their money into bitcoin because cryptos are really easy to counterfeit while the hard assets are not. Simply split the blockchains they already have or create new cryptos.
 Quoting: Anonymous Coward 75716984


Cryptos are easy to counterfeit?!

Show me how to counterfeit a bitcoin please
Or do you mean taking the blockchain and making a shitcoin that no one will buy?
 Quoting: Anonymous Coward 77646262


Great questions. I Just assumed he wasnt referencing creating new currencies, but counterfeit/fraud only
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Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Yew  (OP)

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05/14/2019 01:29 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Artificial assimilation

Tech industry is drowning in toxic swamp creatures.
 Quoting: Eubillicant Complectogram


can you elaborate, please?



blockchain is the new internet/tech boom. It's DEFINITEly going to be some infested waters for a while til the ecosystem balances out

Last Edited by Yew on 05/14/2019 01:29 PM
[link to www.youtube.com (secure)]


Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Anonymous Coward
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05/14/2019 02:21 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Gold down -5.00, obviously no longer a flight to safety. BTC yesterday morning's value around $7,000 today value around $8,000, obviously a new "flight to safety".

That's a good sign.
Yew  (OP)

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05/14/2019 02:42 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Gold down -5.00, obviously no longer a flight to safety. BTC yesterday morning's value around $7,000 today value around $8,000, obviously a new "flight to safety".

That's a good sign.
 Quoting: Anonymous Coward 71388910


^ legit analysis, thank you!



edit

hf for the pin!

Last Edited by Yew on 05/14/2019 02:46 PM
[link to www.youtube.com (secure)]


Satire is one of the few forms of protected speech we can use to, well, speak. Everything i say is satire and intended for entertainment purposes only.

Not a single communication to, from, associated with, or connected to this IP address in any fashion whatsoever, at any point in time (past, present and future), is intended to convey fact. This disclaimer proves everything I type is satire and meant to entertain other people ONLY. Any data which appears to convey a fact or truth is 100% purely unintentional and should only be construed as a playful attempt to joke, provide satire, or entertain. I am not liable for any information that has been, in any way, connected to this computer, IP address, network or person.
Anonymous Coward
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05/14/2019 03:00 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
CRYPTO HAS LESS THAN A WEEK BEFORE IT DECLINES FOR A FEW MONTHS
 Quoting: Anonymous Coward 75758325
It's starting now
Anonymous Coward
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05/14/2019 03:18 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
Anybody find it interesting that the day the stock market tumbles 696 points



bitcoin raises up over $1,000? Tens of billions were funneled into bitcoin yesterday as the market fell.
 Quoting: Yew




Stock market has big decline and then bitcoin receives billions.


Its like people literally cashed out stocks and quickly bought up bitcoin as a safer option
 Quoting: Anonymous Coward 70939447


Yep!! I wonder if in 20 years people will still be proclaiming 'crypto is a ponzi scheme you extremely rich idiots!'
 Quoting: Yew


Gotta have money to make money.

Bitcoin is one way to make money, gambling, there are also casinos, the lottery, etc.

The point is if you have money there are different ways to invest and make more.

So with that being said while you are celebrating don't forget those who lost everything when bitcoin dropped.

Also don't forget bitcoin is still less than half it's peak.

Good luck out there at the horse races.
Anonymous Coward
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05/14/2019 03:25 PM
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Re: More Crypto From CNBC: BITCOIN serving as Global Hedge Fund While Global Stocks Tumble: Does It Get Any More Obvious?
if you must buy this thing
dont do it now
its gonna fall to 5300 zone
2012Portal
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