well if the banks are holding to artificially increase the price of homes, they will continue to do just that... so no worries there
I guess it all depends on whether or not the economy recovers.
if it recovers, then people will continue to pay their mortgages and more and more people will be buying homes, even if the interest rates rise a little.
If the economy doesn't recover, and people start to default on their homes once again, this will create deflation. If deflation happens, paying the mortgage will become increasingly difficult, making even more people default, creating even more deflation!
if the government tries to combat deflation by printing money like crazy, that wont help because cost of living will increase, and home owners will be no better off.
so everything hangs by a thread as we wait for the economy to recover.
did i get it right? lol
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The price will drop back down under $4 when people cash out to buy Christmas presents like last year.
price went up like crazy last Christmas....
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So even though the price has been drifting higher ever since the WordPress announcement, you seem to think that your 700btc purchase is the reason it went up during the past 24 hrs? Don't overestimate your effect on the market ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Don't underestimate the effect a rogue 700BTC market buy. I believe OP 100%!
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You think that Europe is a safe harbour for drug buyers? Pretty funny would be indeed to be arrested because of buying drugs on SilkRoad. When you get busted, I m sure you will have fun. Go and crawl back under the rock you crawled out from. I know it makes you feel like a big man to try to scare people, but no one is worried by your stupid FUD. You're right. It's absurd FUD to think that contacting a random person you never met on an imperfect privacy network and buying something illegal for them could ever get arrested. Yeah, all those COPS shows are actually actors. FBI agents actually process tax returns and all TOR nodes are owned by lovely volunteers and not companies or governments. Oh and the SR servers exist in a quantum state where they do and don't exist and cannot ever be found. If you think the FBI is trying to catch people buying an ounce or less of weed on TOR, click this link
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This is actually not fun to think about. It is very troubling indeed. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) lol right. well the super cheep coins they sell us could be pretty funny ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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well done humanitee, but i feel you are only half right, rally will continue soon. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs15.postimage.org%2Fpyrx7gq2z%2FUntitled.png&t=663&c=Mq4IF6B6Dg3TBQ)
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Yaaaa conspiracies are fun! So how far along in this plan are they? What's the budget for buying up all the coin? Just US central banking, world banking?
Bitcoin is a threat to the very essence of banking, and so the highest levels of banking ( world banking ) are taking care of it. at first they thought bitcoin would implode on itself, so they didn't bother, but after the rise to 7$ they took the treat more seriously, and came up with a plan to destroy bitcoin! the "budget" is of little concern to them, they will pay wtv it cost, but they don't want to wast money.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.amazonaws.com%2Fhyperink_covers%2F1825_thumb&t=663&c=7v8MKuRe9iO_VA) Central banks don't like competition, and since it can't flat out go after bitcoin ( because that would make them look like the bad guy, and wake up too many people to the reality that fiat is actually a scam and worthless) they have taken it upon themselves to destroy bitcoin from within ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) . they are now in the process of acquiring a large % of bitcoin which they will use to crash the market, there by destroying confidence in bitcoin.
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well tonight wasn't so bad ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) thanks for all the gr8 advice
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well that's it, looks like its gonna go down now
I'd bet more on temporary stabilization (oxymoron?) at $13.20 - $13.40. Agreed Don't agree with me! I'm making stuff up and I don't know how I got here. Disagreed? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well, you're dumb and you should know I'm always right. no... i am. its not over
yup, just getting started, everyone has a price, pull out your calculator and figure out what your price is...
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looks like people are removing ask walls and dumping. how nice of them ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Grr, I really do short at all the wrong times.
IMO, it will drop quickly.
No one believes you High is "1337" right now, so maybe it's up, UP...forever. your logic is undeniable, I agree, it will go up forever ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Grr, I really do short at all the wrong times.
IMO, it will drop quickly.
No one believes you lol!
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WHEN WILL IT STOP? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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her comes the dumps ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if you want to buy in, place bids at 12.9x and pray to what ever god you believe in
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