Always nice to see people not panicking. Hopefully this news makes more Chinese bullish
I have a feeling China is going to step up their FUD level.. watch out for some real bad FUD soon. |
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... Dang it bitmain.. you are really tempting me to buy more S1's!
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6 Billion is a very small market cap... that is all, think about it.
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If you're bad at handling money, you'll end up in debt, bitcoin or not.
If you pay taxes you are a debt slave, I have zero personal debts by the by. |
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It removes all of the problems Rothschild and Friends created to keep us under their foot. Why would we want to be free from debt slavery guys? Why would we want to remove global poverty? Why would we want to stop the fracking in the states? Why would we want to question GMO'S? How is Jacob Rothschild suppose to get his 78th Castle if everyone gets paid a proper wage? THINK ABOUT THE ROTHSCHILDS GUYS! If BTC continues they might lose their ability to loan money out of thin air how terrible that would be.
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Democratic revolution in China not happening in my lifetime. The Chinese culture is far too Confucian (read: obedient) for a grassroot campaign against their totalitarian regime. How are you going to make wolves out of a bunch of kids that have been raised as sheeples? "Eat Bitter" is taught to kids in China. http://community.travelchinaguide.com/forum2.asp?i=47529Compare it with the West (USA), where rugged individualism reigns supreme, and the disagreement stance is something like, "Fuck you Mr. Big Government, try taking away our guns and see what happens." YAAAAAAAAAAAAA The USA left that stance 100's of years ago.. Fema could throw you all into concentration camps and you would not lift a finger. The America american's are so proud of is LONG dead, long dead. Only a country of debt slaves remains, scared of their own shadow. No real American would of let the "patriort" act be signed in, it's over boys. |
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Never... Obama says terrorism and america is ready to give up all freedoms for saftey from those scary terrorists pretty much no american has ever seen... 2000 people died and now almost every country in the world can arrest their own people without reason and hold them in jail forever with out ever having to give a cause..
It's over guys it is over.. soon enough we will all be in the Fema camps.. I CAN NOT WAIT!! ........ We will all be "safe"!! ya SAFTEY!! KEEP ME IN A CELL SO I CAN BE SAFE!
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If you believe that there is a 20% chance or more of Bitcoin being worth $10,000 within three years time, then I recommend that you sell everything you own, including your house, and put all of the money into Bitcoin, right now.
The current price is about $500, so $10,000 represents a 20 fold increase. If you think you have a one in five (20%) chance of achieving that (and let's say the only other outcome is Bitcoin = zero), then your expected profit is at least five-fold, over three years. That is an annualised (probability weighted) performance of 82%.
Losing all of your assets would be bad, but you can always rebuild. But missing out on an annualised, prob weighted performance of over 82% is a once-in-a-life-time opportunity.
This is not time to think about 'what you can afford to lose'. You can afford to lose everything, you can always beg on the street. But you cannot afford to miss this.
Personally, I do not believe that the chance is 20%. I think the chance is only about 0.1%. Bitcoin of $10,000 creates too much incentive for someone to come up with an alternative, superior, cryptocurrency that is better able to assist international transactions.
Put all of my wealth into a 20% chance.. AMAZING advice just amazing..................... All of my no. |
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What
the
fu*k
does
this
have
to
do
with
me
selling
my
house?
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Zero, they will kill anyone and everyone that pushes this idea in their country.
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Forgive my ignorance Spazzdla, but what is NA?
North America, my bad. |
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I disagree with the centralization comment....
If I had 10 million dollars ASCI, CPU, GPU, fucking 5 1/2 floppy I could afford to be one of the largest miners.. Why was the average person getting so many BTC with such crappy mining gear 4 years ago.. almost no one was mining it and no one rich was mining it...
Primecoin is protected from centralized mining because it is CPU friendly right, right, RIGHT?!?!? Oh I just bought 1000 I7's oh look at that I'm mining 20%.....
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3th tima in just a few months that China is 'banning' bitcoin............
Won't be the last time my friend, hopefully sooner than later it will just become a big joke when China bans BTC every week and the price doesn't move and people just make fun of how stupid it's become. |
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Do they not have to split up all the BTC between everyone gox owes BTC too...?
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Buying.
This, no one should be scared, HODL, grab your Fiat and set buy targets for yourself. |
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I was expecting a $10k min entry, group of about 100 people and we'd move the price down buy, up and dump.. This is not price fixing...
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More fud from China at the $500 mark.. who mentioned that would happen. Guys China is going to continue to throw FUD at BTC everytime it comes up around $500, you watch.
That would be stupid. Why not pump it to $600-$800 and dump FUD again for much greater profit? IMO they risk losing control with such massive swings.. a jump from $450 to $800 might bring in a lot of buyers ending their game. |
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BTC is more likely to hit $100 than $100k. Predictions based on greed usually don't turn out to be correct.
It is more likely to hit $100 sonner, but does not tell anything about where price will be in 5-10 years - probably more close to $100k I believe $100  in your dreams. I must say I would be happy to buy 1 BTC @$100 ...  but ... those days are gone and not coming back. This, everyone is talking about loss of support from China.. there is now large support from everywhere else.. I would buy 3 BTC if it touched $100 maybe more, it won't get there.. to many people in NA IMO that would buy when it hit sub $300. |
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though the hardest part will be refraining from selling when it comes near (but doesn't touch) my target price. I've never been tempted to sell now, nor I won't be at 10-40K but if (and it's a big if) it gets to 50K, the temptation will sure be there then.
If I can buy a good house with half of my coins then it's time to sell. The other half of the coins will go for the $1M+  You and I sir on are on the same page. I am in BTC for a house or bust, I will HODL till zero, I am the ultimate bag holder.. better than a weak hand IMO. |
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