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too many people are waiting for a drop as it has been happening so many times before. large traders know that. or more people are bullish now. that's also possible.
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it is and will remain nothing more than a fantasy. can't see any country, no matter how much problems they have, adopt bitcoin as main currency.
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I know many people from my country who are engage with bitcoin since last 2 3 years. It is a experience with Bitcoin. In my country bitcoin have importance because too much people earn money from bitcoin Forum.
Thanks
You can't decide about the importance of bitcoin in your country because you can't really know how many are there that doing bitcoin in your country, may be you know some but with people earn from this forum doesnt mean that it is really important to them. It is not for you to decide whether bitcoin is important to your country or not if they invest time and effort into generating bitcoins, it mostly means they find it somewhat important. if it wasn't that important to them they would simply leave. |
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larger blocks are very important, especially when high volume companies such as amazon, ebay, alibaba decide to accept bitcoin. blocks with current limit would be full each time.
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finally a realistic prediction. it's getting annoying browsing through posts from dreamers thinking it will go to $600 within a short period of time. i hope we'll be able to go over $300 and stay there this year.
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And one of the countries that is very interesting at the moment is unfortunately missing; Greece. Would be interesting to see if it is spiking right now!
i think at this point it's a bit too late for them. once the situation there gets better, and the banks go back to normal, that's when greek people should massively buy bitcoin. |
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volatility is i think one of the most important things. especially when people plan to use it to store value. once that changes, it will give bitcoin a much higher market cap.
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I'm really wondering how many greeks actually seek a safe haven in bitcoin..  Nonetheless, it is great to read news headlines like this! Really makes a case for bitcoin. those who understand bitcoin would have bought it way before now. there should be an explaining video in greek language to explain them what bitcoin is and what it is capable of. |
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this is indeed the perfect time to sell litecoin. but bitcoin isn't done climbing yet. if you sell now, then you'll regret it within a few days.
i know it's an older thread, but the above is very much right for current date.
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The price is currently held up by a handful of corporate fools who are using their own money to support the market, so they can feed the mining farms enough to keep the price stable. Their hope is to keep confidence until they find more greater fools/investors to help them feed the market and pump their own coin value. What they're discovering though is that it's not very easy to sell bitcoin to the rich. Too many obvious questions arise that scare away sober minded people, like the question of the majority ownership of coin, and what guarantees does anyone have that someone won't just dump 1mil. coins on the market and make bitcoin unit value virtually worthless. I think that their best chances would be with some fund manager who is down with a little embezzlement through bitcoin.
Otherwise (what I consider to be the most probable outcome) the corporate fools will just run out of their money or their naive dreams, and the bitcoin market will collapse under it's unnecessarily large costs.
you forget something really important. instead of shitty pump and dump altcoins, bitcoin has a real purpose. and it's being used to buy stuff, send money from a to b, store value and so on. |
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$1200 within 31 days? No, no... yes? No. Within two months, maybe... but I doubt it. I hope that I'm proved wrong by July 30th.  not even within a year. so no need to wait for something that isn't going to happen any time soon. better set yourself realistic goals. |
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Perhaps i should have said, "could the network handle it", instead of "hack it". By that I meant the increase in activity. I accept that inflation is still too high and volatility would be wild and open to manipulation. But could the network handle it as it is today?
if a country really decide to adopt it, we will need larger blocks for sure. other wise transactions will take longer than usual to confirm as they are pushed to the next block due to the blocks being full. |
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the chance of getting to $300 is small. even if we manage to go over $300 , i doubt we will manage to stay above that level. price won't go up all the time.
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i think it will go down to around $250 to stay there for a while. after that maybe an attempt to $280. i think it will stay below $300 for a good while.
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Most fiat is nothing more than an entry in someone's ledger. Usually, that ledger is in someone's database, and often it is in only one database. It's not like Bitcoin where everyone has a copy of the ledger. If your bank loses their database and there is no backup, your money is gone. It's as if it never existed. It's much, much easier for fiat to disappear than it is for Bitcoin.
actually those money was never there, they just print that number on their computer, and this will reflect in your balance, meanwhile your real money are lended to someone else, and they earn fractional of money on this if you need the money they will give you the deposit from someone else and so on, it is all planned perfectly to seem legitimate as long as people don't stop with being an idiot by not caring about what exactly is happening with their money, this will continue to exist for another few hundred years. |
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Now many people can withdraw their money from ATM and Banks, because banks are closed for a week. There are no customers for merchants right now and i read that they don't have supply in their gas stations. If this is right, it will be a bad moment for Greece. Never think that news from 2 years ago will be happened today. Pray for Greece
don't know why anyone is surprised by this. people could have seen this comming for quite a while now. if people were smart, they would have moved their money 2 years ago. |
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If you're going to spam the same old tirade with your legendary level account, why bother with the disposable newbie alts?
if he manage to brainwash a few newbies, his threads have worked out well for him. especially with his legendary account. that has more impact. his 0 activity accounts are endless, i think he has something in the range of hundred of these accounts now. |
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So far for 2015 Bitcoin has been pretty much going sideways with some dips. Today is an exception though, maybe Bitcoin will reach highs by the end of the year. Who knows for sure, but that would be great if it did.
2015 has been a great year for people to buy bitcoin. we might not get the same chance ever to buy below $200. those who have are having a good time looking at their investment while the price goes up. |
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this is going to be one hell of a push to bitcoin price in the last couple of months. and it obviously had the first impact on bitcoin price so far.
if the rest of the obstacles are removed from the way of Greeks to buy bitcoin, like only one bitcoin ATM and banks being shut for money transfer; then i suppose we are going to see a surge in price.
the fact of the possibility can make the price go up significantly. and that while greek people might not even buy into bitcoin. as long as we believe they will, we will buy and make the price go up. |
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i wouldn't do so, especially because girls don't like to talk about technical stuff. once you and she are getting to know each other you can try it on a second date. make sure you use easy language.
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