Chasers gonna chase. And if btc has a deadcat bounce... well, just imagine it's not the ordinary cat. It's highly volatile and very subject to emotions and China and who knows what. I don't think that any one assignment of blame for the price of btc has ever been entirely accurate... well maybe obvious ones like mtgox but for the most part it's volatile just because.
It is volatile because it is new, uncertain and speculative. As time goes on, it will be less volatile and used more. We need insane amounts of users using it daily to get a price that resembles the apparent stability of fiat money. Bitcoin is not rigged as well so its harder to artificially make it more stable which is what fiat govs do. probably not until all bitcoin are mined or around that time, adoption is a very slow thing, don't expect it even within 3-5 years It must be before all bitcoins are mined... we cant wait 140 years for bitcoin to be usable, thats insane. 90% of bitcoins will be mined by 2022 and 99% of bitcoins will be mined by 2032. Right thats actually true, but what the incentives will be to mine by 2022, let alone 2032, until all coins are mined (it takes 140 years). The rewards will be tiny. Unless 1 BTC is 1 million dollars by 2025 I dont see how the miners will bother. |
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Without this ' 0.0000012% of the people in the world have as much wealth as 50% ' we wouldn't be here discussing about it. I understand this is a hard concept to grasp, the wider the gap between the extremely rich and the extremely poor, the faster humanity 'progresses'. It's literally potential energy, no pun intended.
This is bullshit in the 21century with automation taking over all the jobs. Most rich people just sit their asses and accumulate wealth. The "rich people are the best cuz they innovate and give jobs" is a myth. |
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This is pretty scary. And given bitcoin transactions are irreversible.. how can the guy recover his money? i mean he deserves it back right?
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I wish I was studying cryptology back in the day. A lot of big early investors were college students doing cryptologo that bought 5 dollars worth of 0.001 cent/btc or so...
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Karpeles deserves an special award for being the biggest scammer in the BTC world as far as I can remember, that got away with it lol.
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well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently
What if Kraken is waiting for high volume before pulling an Mt Gox? its difficult to trust exchanges at this point. |
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The game of currencies is really interesting now in europe, we'll see what happens with greece and their currency soon.
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When people start getting their savings stolen from their bank accounts they'll not care if satoshi and friends are loaded with btc, they'll care that you can save your wealth online safely.
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Some times a dump can be spreaded if the buy side of the orderbook isn't strong enough.
But most of the whale dumpers just dump it in one go.
Then non whales follow in with panic selling which makes it even stronger. |
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Bitcoin will not fail. We are on TV. The Winklevis and old money is coming. Brace yourselves.
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They will be the Rothchilds of the 21century.. all because the real Rothchilds have absolutely no idea of whats going on outside their circles.
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Wait, so you are comparing something that needs a big network effect, that has it, thats scalable and original... with a flatscreen tv?
That guy is a paranoid android.
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Stop investing in shitcoins like these, you'll save yourself these idiotic comments
LOL. My 4 btc profit are shit? Someone's made really much profit with shit. Remember UROCOIN(the coin to trade shit? ).  You had luck.. if you buy an altcoin waiting for a pump to dump and gain btc... well the pump may never happen, or it may happen randomly 2 months latter where you already sold out of paranoia of waiting and being under risk of the coin being removed from exchanges. Also, there has to be a demand, 7 BTC is a lot, its hard to sell 7 BTC worth of altcoin shit unless there is a lot of volume. |
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XMR is down 9% vs BTC in the past 24 hours. BTC is up 23% vs USD in the same time period. Do the math.
People will lose a lot of money when XMR goes up, do the math. |
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It's obvious: OP sold at sub 200 the other day, now he sees it's going up agin and he's mad he sold his cheap coins.
I have bought at 200 altho I was hoping the hoards of dumb cunts would push it to 130ish. Wanted to make a quick buck? Thought you found the short-cut to endless riches? Serves you right bitch, the punishment is only proportional to your greed and the damage done to Bitcoin by the bubble you derps caused.
Let us hope those who wait get to redeem themselves.  Oh we did get to redeem ourselves after the last bubbles like what, 5 times already? It's not like we're going to redeem ourselves this time around as well. Bow down to the king. Dude so you better hold now and stop complaining. Offer and demand, no one is ruining Bitcoin, it is like it is, deal with the facts of non-regularization, aka wild wild west. |
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it would be really sad, should you suddenly die and the Bitcoin are just lost, instead of supporting your own children.
That is what LIFE INSURANCE is for and it will pay out way more than any BTC you have (least 99.9% of people and anyone in this thread). What would that do? unless you leave it writen somewhere that you want to give your BTC to someone else, then the BTC are lost. |
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Will this be enough to sustain a decent uptrend or are we walking under a floor about to collapse? also hows this compared to the winklevii exchange?
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Is this exchange just for US people?
Just initially. It will open up for other countries later. Will Gemini open for Europe too? because I think Gemini will be the Americas major exchange for sure. |
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¸the real question u need to ask yourself is, what will the price be in 5+ years.
give yourself the answer, is obvious, bitcoin is here to stay, and i doubt the price will be under 10k usd.
cheers
In 5 years its guaranteed we'll be at 10K territory, or near 6 figures at least. Things will move so fast in the next 3 years. |
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I just check bitcoin price everyday
And now the price is rising up
So, i don't have to worry
You seem to be too calm, never be too calm in the world of Bitcoin investments, specially not before a monday morning. |
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