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Threads like this really do justify the idea that everybody on here is either paranoid delusional or desperately seeking reassurance that they where right to gamble sorry invest all of their family life savings on Bitcoin.
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Interesting read but his website looks like it is from 2001 trying to sell me ebooks on how to loose weight.
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I think hgmichna has a very worthwhile down to earth opinion. People who truly believe the value of BTC is fundamentally supported by retail because they bought a coffee from their local hipster coffee shop yesterday need to think a bit harder about why people are willing to pay more and more for BTC, not because they can buy stuff without the tyrany of the banks, but because they want in on the bubble. Greed prevails, and greed falls.
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What does Bitcoin have to do with us becoming a space faring species? Wow some people truly are brainwashed by their own hype about Bitcoin.
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Further proof that the best way to troll on the internet is to use an unsuitable format for data visualization ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Are the majority of you guys able to sell off a "little bit" of your BTC holdings to buy a house with? Jeesus I'm out of me league here!
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I wonder if the amount invested correlates to how bullish or bearish a person is ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) No, it is related to net worth of a person more than anything. So you should've stated the poll in percentages. Proof?
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I'm pretty sure nobody on this forum actually understands what is happening in Cyprus.
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Just because the current price of bitcoin may be $85, it doesn't mean you could buy every bitcoin for that amount, if you look at an order book, you will see there are hundreds and thousands of Bitcoins on there for hundreds of dollars above the current asking price, so you would be paying more per Bitcoin as you bought more Bitcoins.
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Shouldn't $0 be included in the less than $100 category?
Yeah but I just felt that someone having nothing invested in Bitcoin (and browsing this forum) is quite a statement, so it should have its own category. It is quite a bit of effort getting onto an exchange, wherever you are investing $1000 or $1, it still shows a large investment in confidence compared to sitting on the sidelines watching.
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I was making 60%-80% doing arbitrage on eBay. Until the chargebacks came in, luckily I managed to break even after it all. Do.not.bother.
Whats a chargeback? The customer saying you didn't deliver or something and getting their money back? Yeah. This wasn't technically a chargeback (where you make a complaint to your credit card provider/bank and claim a transaction was fraudulent and they reverse the payment). It was a Paypal payment reversal where you claim that your item never arrived and Paypal refund you without question and zero fucks given to their fee paying seller.
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I'm expecting a hold at $87, it seems to be the recurring pattern that we stabilize at $*7 for a while before pushing into the mids of the next $10 higher area.
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I was making 60%-80% doing arbitrage on eBay. Until the chargebacks came in, luckily I managed to break even after it all. Do.not.bother.
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I wonder if the amount invested correlates to how bullish or bearish a person is ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Makes me wonder how all these new hands will affect the atmosphere in the market, with less strong hands things could get volatile.
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... I turned almost all my coins into Casascius coins ...
Wasn't that expensive? You either have only a few coins, or lots of money!
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Ha there is something wrong with the Chrome Bitcoin Price ticker I have, I loaded my browser and it's displaying 47.8.
The BTC price widget on my phone isn't working either, I think there is something wrong with the MtGox API.
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I think there will be a significant drop when the price hits $100, not permanent or anything below $60 and I don't think it will take long to get back up to/above $100. The price isn't going back below $20, there are too many people waiting for a big price drop so they can buy in, and nobody has the guts or patience to let it drop more than $5-$10 at once before they get excited and buy in causing the price to rocket back up. People with the mentality of "I'm waiting for a huge crash so I can buy BTC at $1!!!" are blind and think they are the only person with this clever plan.
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I've already posted a thread but I didn't notice this post so I'll post here too! We are the first Geocaching store to accept bitcoins! We are www.Geo-Box.co.ukand we sell supplies and equipment for the fastest growing outdoor/technical hybrid hobby on Earth! If you are geeky and into your hiking and treasure hunting I suggest you check out Geocaching as it will probably be just for you. We are based in the UK and offer free shipping on Geocaching supplies, equipment and containers. If you check out the site we have a promotion on for people paying with Bitcoins as we really want to encourage people to pay with this currency. Hoping to be whitelisted so I can join in discussion on the speculation and economics side of this forum too. Thanks!
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