Facebook accepts bitcoin, that is good news, if it is true.
There is a question mark in the title.
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Amazing thread, but most campaigns seem to be closed.
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Hey , please don't mind my stupid questions , but let's make it as Discussion thread I know that the creator of the cryptoo currency BTC is Satochi Nakamoto , but is it true that he is Japonaise ? and anyone here knows him ? I mean the staff . Iam not sure but I heard he was the creator of this forum also , so ... HE is not from Japan, but from Europe most possibly from Germany or really close. Really? I thought people didn't have a clue about his origins.
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Registration closed until new announcement.
You should probably update the thread title as well.
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It went down below 500 again, let it cross 1k then we'll think about 10K. Minor setback when you look at the larger picture.
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I hate to say it, but it's WW3 time... It's imminent.. and this moment even China is displaying their arsenal of weapons to the world. All that will remain will be memories of a time of chaos, ruined dreams. Folks, learn how to prepare!
Seems like its stalemate if everyone has nukes. We just end up with stronger set of borders until things change within each country. Or blame things which happen on 'non-state' actors. An aircraft goes down in Ukranian air space and we still haven't fixed responsibility!
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Pretty strange to see so many people happy about proving a 15 year old wrong on forums lol.
Funny looking at his last activity date though.
15 year old? Where did that come from? The post is about Mark Williams, a risk management and capital markets professor at Boston University
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May be the person who bought the btc from fbi auction is selling some and this is why the price is dropping Draper was very clear about what he bought the bitcoins for. Definitely not to turn it around in the market.
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They will rather try to create their own crypto-currencies. Lack of control over bitcoin is a problem to them
Yes and yes. But will these bank-crypto-coins gain traction (value)? Bitcoin is peoples money and I think it will be able to attract way more trust than those bank-coins. Side-note: even if they are technically superior (eth?), they will have a hard time. Looking at the reputation of our banks today, not being associated with them is a positive.
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Well, I guess the last bubbles got us pretty high, and with all the money that was lost in Gox and all the scams and robberies, people who are interested in Bitcoin don't have that much trust anymore and don't have any money left. We've reached a saturated level. Also, the ecosystem first has to adapt to the high price before we can think about going higher still.
The ecosystem has had 8 months to absorb current levels. That is a lot of time on the bitcoin scale.
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I don't know why analysts try so hard to explain something that has happened in the past.They should work hard and try to predict future price trends. Then maybe they will make some money. Predicting future price movements is a rather hard thing to do. Actually it's more or less impossible. If it was possible and they knew how to do it, they'd be best off just using that knowledge in order to do some traded on their own. Why would they give away their golden tickets to the public? They needn't be 100% accurate... Analysts give out price targets on stocks all the time...
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I hope some royal prince starts 'collecting' bitcoins. Stranger things have led to price increases.
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The start to September hasn't been good.
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I don't know why analysts try so hard to explain something that has happened in the past.They should work hard and try to predict future price trends. Then maybe they will make some money.
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And middle east countries are filthy rich with oil money. Imagine if any of the government just invest 1-5% of their revenue into bitcoin.
This could be even bigger than wall street etf.
You don't need the government investing. Just one of the sheikhs taking a fancy to bitcoin would do.
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stability is what btc needs to gain credibility as a legit currency
Yes stability with tiny bit of inflation. Then BTC will be a keeper! Inflation?? That is a dirty word...
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The rollercoaster ride starts again..
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Bitcoin will continue the downtrend, according to a research note by finance giant Citi. The two main factors that the Bank blames for the price going down are miners and merchants. Citi estimates that mining adds around 3,500 new bitcoins ($1.75 million) every day. Because of the ever increasing difficulty of mining, the majority of these coins are quickly liquidated on the market to cover electricity, cooling and other costs.
”If the miners are a steady source of supply and there is no increase in final demand, we have this overhang of bitcoin being sold in the market. In consequence, we have downward price pressures.”
Citi also thinks that the large merchants that have recently adopted bitcoin (DELL, DISH) will be a net negative for the cryptocurrency. Due to regulatory and accounting rules, these corporations can’t hold the bitcoins they receive, even if they wanted to do so. They have to sell them as soon as possible to avoid taking on ”speculative risk”, thus contributing to lower prices.
I don't think Citi's opinion is valued by the bitcoin community.
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I was sure that the price would have recovered in August but I was wrong and now I don't know where we are heading.
Ha, I guess a lot of people are feeling that way now. Yeah, I don't really know where this train is headed, either. I guess we'll be seeing some sideways movement first. We might go down a bit, or start a slow recovery, who knows. At some point things will turn bright again in my opinion! This sideways movement gives newbies a chance to get into the action.
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