Depth to 70 already back, up we go!
Dumping right now is not only a losing idea, it's a stupid idea. But, bears gonna bear I guess. Maybe they're afraid of making too much money. There's a certain nobility in letting others profit, a nobility that I myself lack, but am grateful that others possess. Yea, maybe we should think of bears like Robin Hood. Taking from he bitcoin rich (themselves) and giving to everyone else. How thoughtful! |
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Depth to 70 already back, up we go!
Dumping right now is not only a losing idea, it's a stupid idea. But, bears gonna bear I guess. Maybe they're afraid of making too much money. |
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Dear bears: You failed to scare anyone when you dumped to 50, why do you think the same thing will work differently this time??  Actually, they scared quite a few people but they are out of the system now  I figure it was bears scaring lesser bears  Or maybe the lesser bears scared the bearier bears? I dunno.... |
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Dear bears: You failed to scare anyone when you dumped to 50, why do you think the same thing will work differently this time?? |
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Bids are still above $7mil USD while there are ~45k BTC in bids.
Translation: Rocket is still fueled. Sell at your own misery.
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Onto Aruba! (It's kinda sad that Aruba is higher on the list than Turkmenistan)
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I bet all those people that sold 50+ coins at 72 are really laughing at us bulls now.
o wait.
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ITT nobody is allowed to sell untill 1 BTC =1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 USD
awesome logic
Its not that people sell, it's that they sell large amount when there is high slippage AND the price is very clearly about to go up. This is just called "dumb" |
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http://guardian.co.tt/business/2013-03-24/new-virtual-currency-threatens-euroWith all its other problems, the euro is also getting unexpected—and “underground”—competition from a new virtual currency. It’s called the bitcoin, and in case you haven’t heard, it is the most ambitious (and to-date, successful) attempt to create a new online currency, generated by the calculations of thousands of computers. Some say it amounts to a kind of anarchic money.
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Bull trap.
No, Friday was just an Alpaca trap. |
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The panic buy back continues. The 1 coin I bought on Friday morning has broken even again |
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Wow! What on earth spurred that? The only thing I can really think of is the Cyprus news confirming they are going to tax some accounts. |
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http://milwaukeestory.com/index.php/2013/03/23/bitcoin-epitaph-dollar-congame-491/I have lived my entire life in a world run by fiat currency. Value and prices structured by the minds and manipulations of the world's central banks. Can the printing outrun the lack of production becomes the question. Many forget that "con" in the use of "con game" is not short for convict but instead confidence. So the modern day structure of global currency, dollar based as it is, is nothing more than a bully pulpit, hardsell driven confidence game. The global power structure is US based but no longer monopolized by the US and so as China and Russia position themselves to make strong moves to destabilize the "con game" of the US reserve currency internet cash in the current manifestation of Bitcoin takes the stage.
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Looks like we're in for another weekend "dip" where if you hadn't check the markets all weekend you wouldn't have noticed anything had changed |
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Panic buy, all ye calves. Panic buy and repent for your weak hands!
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question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked. I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees. ^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoin! as clearly this won't work  ^^ Well, I thought this would be a more of a gift to friends/family then buy from a**holes on the Internet sort of thing |
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If I ever find myself in that part of the country with a dental emergency I'll first ask myself "Why am I here and what happened to my teeth??!"
After that, I'll be sure to go to THE bitcoindentists.
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Wonder how many people who panic sold will have time to panic buy?
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trolololol like 600 to 66 again
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Single Digits or it didn't happen!
Single digits for *years* none the less. I hear Mt Gox is switching over to mBTC soon, anticipating the $1 = mBTC. Single digits aren't too far away. Oh...oh god. PROUDHON WAS RIGHT THE WHOLE TIME! |
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