If you are concerned about whether the price will rise up again, I can tell you there's always a chance. Number 1 reason is that the community here is still much alive, and the community here will be the one supporting bitcoin all the way through. And whatever selling pressure will be countered by the buy order, that's for sure.
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It's good to see people counter the claim, brushing it aside as baseless. People are mature enough to judge between what is right and what is wrong, nonetheless what to believe. At least bitcoin is not in any way short of supporters.
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tick that one off, big pump incoming tomorrow
Fiat implosion causing bitcoin price to go up? Can you confirm that? I saw some positive movement in btc price so is all that related?
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I tried before which took me days but eventually it get confirmed. If you are in hurry it doesn't hurt to pay the fees which I think overall is still considered low compared to the conventional fiat payment systems.
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some kid with a gun is printing the stuff
what could possibly go wrong
Ran out of ink or the printing machine breakdown due to overheating
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The thing is that as a community we can't stop speculators from manipulating with the price. It's a free market. But as a community what we can do is continue to trust the potential of bitcoin and spread the word to encourage its use. As we set the fundamental right, eventually even the speculators will find it hard to trash the coin.
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Fear not!! I'm here to hold onto my bitcoins no matter what the price is. And if the price going to drop, I'll consider put in another buy order! We must hold ourselves together.
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Initially I had the same exact frustration about the waiting time but overall when compared to other altcoins, it's just a few minutes of difference. Plus when I do large transactions, I'll just add another 0.1mbtc of fee in order to make things faster. So it's not really an issue.
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Hey, but at least it goes up. Initially I was expecting something terrible to happen similar like last week but seeing it jumped 20 bucks proves to be a good relief.
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They will be able to bring us down but not for long because bitcoin is known to withstand all the hurdles. Soon enough we'll be back up standing and to the moon.
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Selling now means sealing your fate. Ask yourself are you really so desperate for money? Would selling on current price that will cut down your losses is much better than to take further risk? Make sure you ponder on the answers before making any decision.
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I hope to see the real bottom level reached where at that point it will never go much lower or further down. At that level, I assume the equilibrium is there, where miners won't be driven to sell their coins as they would be making loss. Low price will make bitcoin become too attractive to buy and that is where price will slowly increase.
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LOL, you really got me on that one.
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Let's see how it goes with the prediction which is pretty bullish. Fact is I think in terms of price, I doubt it can return back to the previous high it achieved earlier. I would see the next halving to have a more positive impact and that won't happen very soon, plus there is no guarantee. Also I have a little doubt on the governments accepting bitcoin. they will certainly draft the regulation on control and taxes which are more important but overall there's still a long way to go.
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If it's a true ponzi where bitcoin is worth nothing (like what you implicated), the network would have collapse years ago and not survive so long until today. And that's a fact. Period.
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First more important, let's ensure success of the bitcoin network. Fact is, there are tons of people who would want bitcoin to fail so much that all they want is to have bad publicity on bitcoin. they will do anything to stop the nobel prize nomination in the first place.
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That will easily blew his cover. Just thinking, if he does appear right now, I'm sure the whole crypto world would be abuzz, people would be escatic as their savior finally arrives. Would that have any impact on the price? Yes, I think it will.
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To our knowledge unless you have created some kind of geothermal electricity and housed your rigs in the Norweigan Arctic while your best friend owned a chip foundry in China operated with one million prisoners, there is no way for mining to be profitable.
It's possible. There might be places in remote areas in the world that we don't even know about or third world countries where electricity generation is in excess and is considered still cheap. Same goes for hardware.
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I just wonder how they were going to do that. I mean to regulate. You can't force your way to tax every transaction or require identification for transfer or withdrawals.
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