what's up with btc-e it's going up much higher than other exchanges. do they know something we don't? in this rate it can easily reach $300
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action is over. it only went up a few bucks. nothing special. btc-e orderbook is very thin so a pump is quite easily initiated. let's hope next pump will last a bit longer.
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Every time someone says the word "pizza" i explain a few years ago someone paid 10,000 bitcoins for two pizzas, and people ask me "10,000 what"? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . explain them again once bitcoin price goes over $5000 per coin. they surely tell you that you're crazy. a simple pizza made this thread have over 50 pages ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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nice article, and very true until i come to this point
The thing is, without the crazy price jump in the last year, Bitcoin wouldn’t be what it is today. The $1,200 price surge gave it notoriety that literally made it a worldwide phenomenon.
i don't think that bitcoin is now more known only because of that peak, the real hard work that has made bitcoin more famous, was done by Doge in my view, doge has attracted tons of newbies, who started using bitcoin, and then they converted it in doge
it's a combined effort. dogecoin indeed attracted a lot people that didn't know of crypto before. but i think the +$1000 peak had a bigger impact as it attracted a lot speculators.
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you can't be more wrong. it's not going to happen. buy support is just too strong below $200 so don't keep waiting for something that's not going to happen.
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Litecoin isn't dead. How can something be dead if it was never alive in the first place?
Litecoin has the scrypt algorithm. That was new and it was the first to use it so I would say that Litecoin was very much alive. litecoin volume on exchanges isn't bad but it's waiting for the first large exchange to delist it at some point this or next year. the only thing you can say about litecoin is "it's there" it has no real purpose.
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your 1 btc is already an investment. a very solid one to be precise. i suggest you just to hold it. it's not worth risking your bitcoin for a tiny profit.
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i think we'll see very low $200 range middle next week. maybe even under $200 as sell pressure is getting stronger. my guess is $190 next week is having a 50% chance.
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isn't the real bitcoiner is someone who buy & use bitcoin as currency ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If only buy bitcoin, there are plenty investor who did it already But, they will dump it when bitcoin price raise upNow why would they dump when BTC is going up? Hold when it's high, buy when it's low. it's buy low, sell high. traders won't hold their coins that are bought for trading purposes if price is high. people who don't sell at highs are way too greedy.
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it seems that whales are trying hard to push this baby under 200, to force bitcoin holders to dump their bag
who will continue to hold now will be the real winner, don't be fooled by the manipulation
If it is below $200, I will buy some. same here. but i think buy support will maintain $200 if the dumps are not major. but there are always traders who intentionally dump a huge load of coins just to trigger panic reactions.
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most of my family members are non tech people who are not really interested in it. they say why do i need to buy bitcoin in order to buy something with it if i can buy anything with fiat right now.
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people don't have patience. they want global adoption to happen tomorrow so they can sell their coins with high profit. they don't realize that it doesn't work like that.
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What kind of exchange do you advertise here? What can i exchange? Old socks? Can you please explain a bit more about the link you provide? And say also why does your site "exchange with Deposit insurance" not supports a https:// connection? same question here. any kind of exchange should offer its users a safe connection. it is something that should have been done before asking people to sign up.
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The similarity will end going forward. Bitcoin will continue its death march to zero, while gold maintains and even increase its value.
do you happen to be an alt of legendary member kwukduck? some members can't seem to stop with spreading negativity. they use plenty of low activity accounts to do so.
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the only thing i agree with is that the selling pressure is too high at this point. only op seems to be way too negative. people might start to panic if it dips below $200
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bitcoin network need to rise the limit of the transaction MB(block size), to the 20mb proposed by the dev, otherwise adoption will be limited , we still need many soft/hard fork before bitcoin will see its true potential
small merchants still need to adapt to this new tech, they will do it, when they will see that big merchants begin to use it more often...right now one problem with big merchants is that they still offer fiat and paypal as method of payment, this does not encourage people to use bitcoin of course, they need to add some bonus or advantage to whom who will use bitcoin, otherwise the adoption will stuck there, with bitcoin remaining only like an alternative...
20mb block size would be very much welcome to make bitcoin more future proof but when will this be implemented? don't hear much about it anymore.
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i still remember this news on coindesk http://www.coindesk.com/mark-t-williams-bitcoin-bulls-time-will-vindicate-prediction/where he predicts price will fall hard some where this year, which came past, but he kinda still believe in it. and now one guy has all 30k btc, did he buy low or high? i believe we don't know yet. we might know if the non-winners disclose there highest bid. what do you guys thing, would 30k be dumped slowly or like falling brick? what if he is holding the 30k for months+, regardless buying it for a low cheap? It is going up up up from here. Buy now. yes i think bitcoin will get raise again , at least for 350 USD im sure . so this is the right time to buy a lot of bitcoin. am i right? at this point it is always the right time to buy if you plan to hold your coins for a long time. just make sure you don't wait too long as it will rise as we come closer to the block halving.
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saving currently isn't really interesting as a normal savings account gets you 1% interest per year. if you have money that you'll not spend the comming years it can be set at 4-6% each year but the downside is that you can't acces your money for 5 years.
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Low price might be a good thing - to get rid of all these centralized mining farms. And for us to buy cheap ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Bitcoin could then flourish once more after the purge... mining farms won't back off just because the price is low. they might put their hardware to sleep for a short time, but as soon as there are signs of recovery they will run at full power again.
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bitcoin core for my pc which works very well but wish it could start a bit faster. blockchain app on my smartphone that contains a small amount only as it is online storage. nothing can beat the blockchain app.
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