Unfortunately there are a lot of people thinking like OP, that are not trolling. People is emotional with their investments and can't handle devaluations that go as low as 70%+ even tho the long term is still looking good. People has no patience. Whatever, better redistribution then.
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If there was a bitcoin museum this thread would be in it.
The pizza should have been cryogenized to be used in future museums.
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Paypal works just good for fiat, but their fees are ridiculous in some cases.
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Dude are you scared of this? Litecoin is down 97, 97%! Fuck, now thats something.
Litecoin is BTC copycat that is not accepted anywhere. Not different from any other shitcoin Litecoin never tried to reinvent the wheel. It's not bad to have at least two main coins and LTC filled the "silver" spot nicely, unfortunately its tanking a lot lately. We'll see. I think once cryptos go mainstrema LTC can rebound.
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The 1d chart looks weak. Unless the whale buyers appear, this thing is going nowhere.soon.
Lots of traders in tradingview are drawing 65-80 range predictions, some go higher but yeah it could go down. I hope so because I want to stack as much as possible. 2015 is the last year to get on the train.
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I have never lost a lot of money, so I don't know how to give you any legit advice. What can I say tho, is that I have lost sometimes half a BTC, for me that is a lot, and I take hits as good as I can. What i've learned is its better to hold.
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one more monero bagholder it is just ridiculous how you are trying to put monero on the level of ehthereum and think you are inconspicuous
What's funny is implying Ethereum will not get deprecated by Maidsafe.
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Bitcoin is overall going up if you zoom out from the big picture, but saying it's "steady" o stable is IMO not correct. Bitcoin from a day to day experience is extremely volatile, in the long run tho, its steady upping.
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because, they are rich (and usually, talk too and work none).
Exactly, it's all halo effect from high status due being rich. People pay more attention to rich people, it's scientifically proven.
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I hate giving information to random people so they can sell it to third parties, thats why if I sell I use Local Bitcoins.
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There were french, muslim and jew victims you tool. Stop the conspiracy bullshit, there is mentally ill people out there that think they go to heaven and get to fuck 72 virgins if they do the jihad shit. Why is this so hard to believe, but believing every single terrorist attack is a false flag is perfectly plausible? what a tool.
Brain washed != mentally ill. Not being able to make sound arguments = drop the brain washed card.
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Merchants selling, miners selling. Bitcoin is still profitable to mine with better-than-average chips and cheap electricity. But the inefficient miners are dropping out, and will continue to.
If miners stop mining difficully drop also ? Yes if the network hash rate reduces in speed it will drop down by x amount like it did a few times in Dec 2014 last year but soon went back up as more went online. In all honestly BTC mining is end of days now unless you got some serious TH power and free energy. I remember grabbing one of the first Avalon units and making 2 BTC per day with that with 60GH speeds now you need like 35TH to 40TH to even produce 1BTC per day due to the amount of hashing power that is come online and is currently going on. By mid 2015 people are going to need at least 100TH basic to make anything and the power that is going to be eaten up by that is going to be stupid amounts. I have close to 1TH of power that's sitting collect dust now because it is not worth it to mine based on mining to power use to cost to result. The only time my units come online now is if a new alt coin comes along and I mine it at the beginning and after a few days soon turn off again due to some massive miners all jumping on it. Then you didn't replace your HW fast enough, SP20 or antmiuners s5 still produce profit, even with this low exchange rate... It's all about power to gh/s ratio. And you''re predictions of 30 ths to produce a fair amount is a bit strong, with 5 th/s you still rake in a decent amount of bitcoin, it's all about expectations These calculations are for tactics, 1. mining BTC2. immediately sell BTCin such a situation mining is becoming less profitable. If someone does not pay bills from the immediately sale BTC of a long time he not turn off miners, it seems to me Not only miners are selling inmediately, but basically everyone accepting Bitcoins that is moving legit amounts of money with their business (ie Overstock) are converting at market price inmediately. This is.. well, not good for the price. I wonder if Microsoft are doing the exact same thing.
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The weak holders who aren't going to be here long term or bought too high are being driven out, this will mean something interesting is going to happen to the price in the next couple of months.
I wonder how the lucky ass early investors that made a killing like rpietila are feeling right now. Will they panic out before its too late and we do double digits? It must suck so hard being a super early investor and not having sold all at 1k.
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Most of these are pretty damn ugly, I like simpler sneakers.
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There were french, muslim and jew victims you tool. Stop the conspiracy bullshit, there is mentally ill people out there that think they go to heaven and get to fuck 72 virgins if they do the jihad shit. Why is this so hard to believe, but believing every single terrorist attack is a false flag is perfectly plausible? what a tool.
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Im not clicking there man.
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Indeed, lots of plates spinning which are banks trying to keep going. Fed bailout money for banks is funneled through the FDIC, which has now been put on the hook for up to $100 trillion of derivatives (depending upon how many net off), thanks to Citi and a clause on page 1599 in the recent 1604 page Cronybus congressional spending bill. I don't think Bitcoin will have significance in the coming banking crisis, but it will be a shining refuge in the wreckage.
A shining refuge would mean the price goes up, or at least maintains its price. Do you think during a legit wreckage scenareo the price will be solid to store your value on BTC??
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So what?
Who cares if it is $10, $100, or $1000 or more?
That is NOT what BTC is all about.
True, but we needs miners. Will miners still mine for these prices? that's the problem.
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People are starting to panic, there will be a lot of blood, lot of red blood everywhere. You choose on what to do, no one knows the future. Its a big ass gamble.
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Fuck this shit, site advertised it was insured. Find these assholes and send them to jail. Set the example once and for all.
Unfortunately it seems the authority doesnt give a shit about bitcoin scammers-
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