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So nice to watch btc rise up and up!
Will it reach 400$?
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The events unfolding are very similar,
So will this silk road 2 fall take bitcoin to greater heights?
Something we have to wait and see
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John Nash allreay got Nobel Memorial Prize in Economic Sciences  keep it low! |
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Awesome..I think they should give one for you too.. |
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At the Money 20/20 conference in las vegas Western union CEO remained skeptic about bitcoin and stated that bitcoin is of not much use for the developing and under deeloped world, due to lack of services.. His statement reinforces the fact that services that begin to trade with bitcoins are very essential for the development of the ecosystem as a whole! http://www.coindesk.com/western-union-ceo-first-world-bitcoin-ready-global-use/ |
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The boom is the correction. For four years now bitcoin has been - and will continue to - correct upwards toward its true relative intrinsic value of infinite fiat scrip promissory notes.  This is inevitable because our world is becoming less violent and more reasonable as we socially evolve. As nations derive their power from violence, and back their money with violence, it is natural that these fiat violence-notes will slowly approach worthlessness as we approach a world governed solely by reason. the one thing I will never disagree with u |
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I think the pretty confidence is becoming poor confidence..bitcoin need not go to moon anytime soon but atleast it would be better if it stays in the logistic trendline( 600$ as of now) predicting to go to one milllion/btc within 5 years.
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with bitcoin deviating from all predicted trend lines and constantly dropping in price
the hash rate and difficulty is just inversly climbing up and up
So the result is clearly all those mid level bitcoin miners are left with loss ultimately have to quit and mining becomes only a market for the whale like players with lots of money who make bitcoin mining more centralized!
by 2012 domestic bitcoin became a thing of the past..
by 2014 even mid level mining players have to quit
mining affordable by diamond and coal mine owners?
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list those who do not want the bitcoin price to take off?
What do they gain?
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So what will take bitcoin mainstream instantly?I want to Quote the Great economist Milton Friedman 
"Only a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.” Should there be a crisis? a global crisis in which people around the world crave for bitcoin? |
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But what it is, is, a mixture of God's original programming, mixed with the devil's counter-programming, influenced by God's counter-counter-programming, that He is using to save us all. Many will deny Him, of course, and His work won't save them.
The last thing we need is some godly / satanic cult claiming that Satoshi was one of their own. already! the information if you dig deep is just plenty...this my thready was so busy until a mod moved it off topic Bitcoin is satanic and Satoshi is lucifer! My uncle claims! |
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So you guy are saying God and Devil and white and black hat hackers trying to programme between selfishness and altruism!
ROFL!
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