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If the downtrend continues and if we have some sell offs around christmas then i think it will go to around 500$
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Does anyone(coinbase,bitpay,etc) offer a service where you can pay at the point of purchase with BTC and the merchant receives USD?
Isn't that what bitpay pretty much offers anyway? I don't know if its the default but i 'm almost sure that can provide that. |
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He is saying in three to six months but how exactly he estimates that window? What will happen in 3 - 6 months that 'll drive wall street into bitcoin? Anyway lets hope.
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I have neither used a faucet nor asked for coins...What are your view points on these two practices?
faucets usually gives you back dust that's not even possible to spend because the fees to do so would be higher. Also begging isn't allowed. |
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I agree with pretty much everything in this crypto awards. Maybe a better styling in the op should've made it a little more enjoyable to read.  In any case i think the nominees and winners reflect the average person views on the crypto-currency world right now. |
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Complaining about volatility at this stage of bitcoin evolution is like pissing into the wind. Since it's inevitable, use it as an opportunity to increase your bitcoin holdings.
No one is complaining because is something pretty much expected. That being said we can't ignore the fact that volatility slows down mainstream acceptance and generates bad publicity. |
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I think op implies that when the blocks will start rewarding miners only with fees, that the incentive will not be any longer enough and the total hashing power will drop.
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If you find more you 'll find 1000000 other similar graphs. Also if you take smaller periods of btc price chart you 'll see notice a similar behavior of the price.
No tin foil hats needed here because it means nothing.
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It seems to me that you are trying really hard to see bullish signals. Relax and the good news will come. |
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You are talking about many many years in the future.
Having said that i think ppc is one of the notables alts.
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Litecoin offers a liquid blow off valve for Bitcoin.
Like Coblee said, this is like NASCAR...Litecoin is just drafting Bitcoin until the last lap
edit to say they are COMPLEMENTARY because the litecoin dev team even adds new value to the bitcoin protocol in times of need: see recent events
Coblee seems to like slogans a lot. I was aware of the silver to bitcoin's gold but that nascar thing is new to me  |
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No nobody had to assumed that this was going to happen. I doubt that the price would have dropped for like 50% if there was no bad news from China.
A 50% drop is very reasonable, compared to how much BTC has risen lately. It's painful for the people who bought high, but it provides an opportunity for more people to buy, which should ultimately take the price higher. You think that people will buy into something that loses 50% of its value in 2 days? It will take some time and stability to see funds flowing in again. |
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I think the alt coins are a big plus. That definitely lured me there but how exactly they provide anonymity?
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Good article...it sums up my thoughts about this correction quite nicely.
If you actually read it you may even understand that it wasn't a correction but a crash just like the author of the article states for like 100 times. In any case i like his approach although i think he is making a long guess here about the sez. |
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Well it depends from where you come from. If you are from the US coinbase looks like a nice option.
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I seems that you have some issues with perspective but anyway. In any case don't quit your day job  |
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I can't see the part that you are glad that you bought at 1000$.
I mean you jumped on the wagon so gj anyway but still...
#sarcasm  Oh ok. With all the shit that's going on with the price lately it seems that i 'm losing my sense of humor |
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What do you mean by running off with over 1m bitcoins. His bitcoins are intact for years.
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Well it couldn't go straight up forever. You had to assume this crash was going to happen. The question is whether this the end of the crash or it's going back to say $300, a little above last stable point.
No nobody had to assumed that this was going to happen. I doubt that the price would have dropped for like 50% if there was no bad news from China. |
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Okay, during this latest large price correction I got an influx of BTC denominated orders to my website. Coincidence? This made me think, can a falling price actuality increase BTCs usage as a currency and less as a store of value? In my opinion, these corrections are only growing pains to allow for further growth. Concurrently, if the price for BTC were to only increase in value, no one would want to spend their coins and that would eliminate their true function as a currency and therefor their value. www.bitcoins4barter.comVolatility is the worst thing in bitcoin. It scares investors off and gives the feeling of a bubble to the currency. |
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