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As Bitcoin Sinks, Crypto Bros Party Hard on a Blockchain Cruise

https://www.bloomberg.com/news/articles/2018-01-19/as-bitcoi...
Lascivious idiot
  01/19/18
sums up xo well: Joe Stone, an Australian who invests i...
Lascivious idiot
  01/19/18
This is so much like 2000 SF/Bay Area parties around that ti...
cracking shivering mad-dog skullcap
  01/19/18


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Date: January 19th, 2018 11:58 AM
Author: Lascivious idiot

https://www.bloomberg.com/news/articles/2018-01-19/as-bitcoin-sinks-crypto-bros-party-hard-on-a-blockchain-cruise

When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, the price of Bitcoin was hovering comfortably above $13,500.

By the time their 1,020-foot-long ship pulled into Thailand on Wednesday, for an afternoon of bottomless drinks and crypto-focused talks on a sun-soaked private beach, Bitcoin had cratered to $10,000.

The Coinsbank Blockchain Cruise Asia ship sits off Paradise Beach in Phuket.Photograph: Taylor Weidman/Bloomberg

The group of mostly young men, many of whom became wildly rich -- at least on paper -- as Bitcoin and other digital tokens skyrocketed last year, had in all likelihood just lost millions.

But if anyone was fazed, they didn’t show it. The party rolled on as the sangria and Red Bull flowed, Bitcoin-themed rap music blared and drones filmed it all from above.

Ronnie MoasPhotograph: Taylor Weidman/Bloomberg

“Nothing goes up in a straight line,” explained Ronnie Moas, the founder of Miami Beach-based Standpoint Research, who was one of the event’s speakers on Wednesday. In a best-case scenario, he said, Bitcoin could jump to $300,000 in as little as seven years.

(http://www.autoadmit.com/thread.php?thread_id=3864479&forum_id=2#35189077)



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Date: January 19th, 2018 11:58 AM
Author: Lascivious idiot

sums up xo well:

Joe Stone, an Australian who invests in digital assets, said market declines are easier to bear in the company of fellow enthusiasts. For many on the cruise, the next stop is another cryptocurrency conference in Bangkok.

“There’s nowhere I’d rather be,” said Stone, after a late night of mingling at the ship’s cigar bar over whiskeys. “Otherwise I’d just be at my computer.”

(http://www.autoadmit.com/thread.php?thread_id=3864479&forum_id=2#35189084)



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Date: January 19th, 2018 12:01 PM
Author: cracking shivering mad-dog skullcap

This is so much like 2000 SF/Bay Area parties around that time



(http://www.autoadmit.com/thread.php?thread_id=3864479&forum_id=2#35189103)