Oh yeah, it's just great for people who are holding coins. how so? I did not understand They were being sarcastic - there's no way this is good for holding coins. Yes and no... it allows you to decrease your average buy price if you started at the peak of the bubble. Although it would seem most went in full balls to the walls at $1000 :S..
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Do you really think the votes weren't rigged? Directly, no. I think propaganda is an amazing tool that can easily scare 60-70% of the population into doing what you tell them. Should be a lesson the the world but it won't be. DO YOUR OWN DAMN RESEARCH.
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Close your shorts now or cry later.
just opened some. Get ready for the pain. D e c i m a t e d
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As fallin would say "a dead cat bounce".
We're going lower.
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Seems pretty accurate. IMO it's going to touch sub $100 for a bit though.
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Satoshi Jesus is coming to throw the money lenders out of the Bitcoin temple!
You people are so deluded, deranged and fucking desperate it is SAD.
Once we hit ~$80 usd and the mining farms fail things will get interesting. Ironically these mining companies tried their best to make people believe that they will save them from mining hassles, power costs , shipment delays etc., but now it seems these same mining companies are first to save their ass off regardless of caring about those people who invested in such cloud farms. Anyways its good riddance , mining should be de-centralized again. I agree. We'll need a couple of ASIC companies to survive though.
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Few months ago, this forum was full of bulls talk about "cheap coins" at $600 Few weeks ago, this forum was full of bulls talk about "cheap coins" at $400 So why the market price can't even break $200 now? Are bulls lying to us? why are they lying to us? They don't think bitcoin worth $200? Are they buying or just ask we to buy? I am also seeing bulls talk about "cheap coins" at $189 now, does this mean the price is going to $30? I don't understand It's going to $65 fallin. All of the mining farms will be shutdown at that point, most coins will be in the pocket of holders. Only miners that hold the coins will be left. I for see a very bullish move from sub $100
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Satoshi knew about BTC when 10k would of bought you an insane amount.. We don't know all of the addresses of Satoshi..
It is possible he is driving the price down to annihilate the mining farms to stop the centerlization of bitcoin and punish those only in it for profit?
why not just say satoshi gave up bitcoin and is cashing out? We are very close to the $ of BTC where mining with even the newest ASCI is a money loss. Good timing to destroy the $ as you can destroy farms.
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Satoshi Jesus is coming to throw the money lenders out of the Bitcoin temple!
You people are so deluded, deranged and fucking desperate it is SAD.
Once we hit ~$80 usd and the mining farms fail things will get interesting.
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Satoshi knew about BTC when 10k would of bought you an insane amount.. We don't know all of the addresses of Satoshi..
It is possible he is driving the price down to annihilate the mining farms to stop the centerlization of bitcoin and punish those only in it for profit?
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You know what is killing the price? It's the 3600 new coins daily that are sold immediately to pay for hydro.
In my opinion, it's as simple as that. All 3600 coins need to be bought daily and then some for the price to go up. Supply is outpacing demand.
Sooner than later all mining farms will fail due to low BTC prices. HObby miners can mine even if the price is $10. Once the mining farms die things will get interesting.
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Until the mining farms shutdown we are not in the dispare phase. $60-100 for a solid 6 months.
Just remeber as farms shutdown only hobby miners remain.. those that horde coins. The technology and idea of BTC is not dead.
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In the 2011 and the 2013 bubble, bitcoin reached the bottom in three months, and now it has been 13 months since December 2013, and I don't think we've seen the lowest yet.
When will the bear era end?
Around $65 USD.
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Guys, just ignore these posts. Why do you insist on interacting with these idiots? They're still posting on a bitcoin forum about being "done" with bitcoin (or some other ridiculous state of affairs like $20/BTC). Don't you see the stupidity here? First they were too stupid to get out for their own liking, lost money, and now they're too stupid to stop wasting their fucking time on an asset they now despise and don't value. At the core, they're stupid, so stop interacting with these fucking idiots.
This exact statement was said like 100 times about $200 6 months ago.
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If half the network suddenly drops confirmations will take 20 minutes instead of 10 for a few weeks, then back to 10 again. That's it. Next problem.
That could be the longest 20 minutes of your life in a panic situation. Buying or selling in an emotional state is the best way to lose money.
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If half the network suddenly drops confirmations will take 20 minutes instead of 10 for a few weeks, then back to 10 again. That's it. Next problem.
This... it would recalculate in 2 weeks utter max. Even if the hash rate dropped 95% and transactions took hours in 2 weeks utter max it would be back to 10 minutes.. I suppose you coud shut your stuff down kill the hash rate, let the difficulty drop then turn it back on and mine a crazy amount of blocks. That is a different topic though.
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