A lot of blood in the land of bitcoin right now and the slaughter continues.
Yeah keep on hating guys. Keep telling me how wrong I was and how much profits you made.
"Buy when there's blood in the streets, even if the blood is your own" Already starting to head back on up now that the freakout is done, think we'll at least be back at 450 by the end of the night
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^^^^^^^^^^^^^^^^^^ Shut up, kwukduk! You, sir, are a party-pooper of the first class.
Well $75 dollar shaved of todays high. I would not say he is a party-pooper but someone who actually see's it for what it is The auction will never have a good effect on the price will it lol Pretty sure that was just some market panic and weak hands getting out. I expect us to be testing 500 again within the next 24 hours after this little dip is done. Buying the coins just to sell immediately doesn't seem like a very bright idea, considering they'll probably go at a bit of a premium. I'm hoping whoever gets them is looking to invest in the long run, or an exchange that wants to make some fees off selling in smaller amounts.
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When I did escrow there was never a request like this. When starting the transaction the BTC amount is locked in, and that's that. The margins of the providers are very slim (or even just asking for tips), so it would be unfair to expect them to cover any difference.
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I think we're starting to hit the enthusiasm part of it. Once (if) we're able to break the 500 mark everybody will be buying from excitement, causing us to go into overbought territory. However, I don't see it collapsing back to the 200 zone anytime soon. If BTC can survive that long and still not collapse, people are going to be way more confident in HODLing this time around.
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I think we'll hit it another time or two, but I'm not sure if it will be able to stay above it for long. There's a huge mental block associated with buying right at 500, and many people that missed out on the boat when we hit 1k+ will look at it as a chance to get out.
On the other hand, if we can bust through it and keep going it's green candles for days
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I've always left +rep for anybody that has a successful transaction with me, regardless of who went first. Never really gave it a second thought, as anybody looking at the ratings should be clicking on their profile to see what they were for.
May reconsider this policy in the future *shrug*
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Loan Amount: .1 Reason for Taking out a Loan: personal Amount to be repaid: .11 Repayment Date: 11/13 Type of Collateral: N/A Bitcoin Address:1Bwvm73MKTuABG6MrLiQx4JYMs65EuL3Kn
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Zazarb in PM offered to fill it before your response, if that falls through you can. Figured you'd still want the message. My bad Edit: filled by Zazarb
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Reason: personal Term: 10 days Repayment Earned By: posting with the glorious new price, Beermoney site payouts interest: 10%
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I've sent you a PM
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Russia is the future.
I would hope not. The idea of being fined for being yourself is ridiculous. Live and let live, seems so hard to understand for some
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Until the cost of running a farm is over the payout, network security won't be too much of an issue. The hardware has already been purchased and infrastructure set up, so there isn't a reason to quit just because you're getting less. If it gets low enough a few farms may sell all their hardware, but I think the majority are in it until the mine runs dry (figuratively speaking).
Network security doesn't seem like much of an issue at this point, anyway. Anybody taking a large payment is going to wait for a few confirmations, and the hashrate is too astronomical to make it worth trying to double spend.
I don't foresee any changes in the fees to send, most users are still going to be sending with the same .0001 and the blocks need to be filled one way or another.
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I expect that it may skyrocket for a bit due to the mentality from the last bubble that it's unstoppable. However, I don't think that it will be sustainable in the long run. We have the HODLers that aren't going to sell no matter what, and then we have the people trading to make a quick buck.
The downside to this mentality is that they also remember how hard and fast it came down, so at the first sign of trouble the panicers are going to sell everything they had for a small profit/loss, spiraling us back down to whatever the community seems to think the 'floor' is. It's going to take a long-term trend of bullishness before people are ready to invest for the long run again, and we just don't have that yet.
It's very possible that we could jump right past it and head into the next bubble, but with all the media attention we got last time it isn't going to be like the previous bubbles. Large HODLers will get out thinking of it as a second chance, which I think will more than counteract the people that see it as a second chance to get in.
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The politics section of this forum does a great job of killing faith in humanity.
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whant to know something fUnny?
the support told me once they can find my identifer if i tell them my password
Sorry to hear about your loss. They're not lying that they could find the identifier, as most likely they could search accounts by the encrypted version of the password if you have it. Without that nobody will be able to find the coins even if they wanted to. It's hard to say to chalk it up to a learning experience with an amount like this, but that's really the only way to look at it. You may be lucky and be able to use this security hole to find it, depending on the format of your password. One of the few times you don't want to have a complex one o.o
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