Goldcoin on the rise  |
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Well, 10,000,000 coins * 100K = 1 trillon $
they've got to be somewhere, or at least some of it
Not each single coin has to be bought for $100k. In theory price could reach $100k with one single coin exchanging over and over again. Since Bitcoin has extreme limits (no P/E involved), it can reach extreme heights as long as fools keep buying |
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If it hits $10k, I see no reason why it should not hit $100k as well.
Maybe the missing trillion $ explains this ? Why would it require an additional $ trillion? |
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From now on, idiots posting this picture get instaignore. It was fun to reply first three million times, but now it's turning into blind idiocy since that graph has not once been even close to correct so far. *plonk*
Someday, it will. The price increases become less dramatic now that more money is needed for every order of magnitude rise. Eventually, that should also stabilize the market further. In fact, Bitcoin's resilience the last few days after a massive drop may already show this happening. |
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If it hits $10k, I see no reason why it should not hit $100k as well.
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Trend is down. It is possible to see a form of a wedge. For me, these two things combined mean danger.  That's what I thought yesterday (about when you posted). I was afraid it would drop, because that triangle seemed to say so. And yet I went long I went long as well, but got out way too early. Anyway, new cards have been dealt. Lets see how she goes attacking $1,000. |
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We are breaking upside from the triangle. Balls of steel and all in  |
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Trend is down. It is possible to see a form of a wedge. For me, these two things combined mean danger. |
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This will be the hardest days of Bitcoin. It must proof itself to become mainstream worthy or sink into the dustbin. Its going to be more about fundamentals the next period than speculation.
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Gox still erratic. None of my trade orders get through. What a mess  |
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Orders still get stuck in Gox API. It is seriously dangerous to put in ANY order @ Gox right now. It just stays 'pending' while someone else gets to play with the price .... Oww, Goxxed again  |
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Back in the Race. NOW DUMP  |
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Bitstamp is looking for another plunge as well. Double bottom @ $800?
Get set... ready..? |
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Bitstamp is looking for another plunge as well. Double bottom @ $800?
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Looking at my trading app, the trouble started at $877.46198, so everything below is part of the GoxLoop and may not be honored. What a joke  |
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I had money ready to buy at some point but all that opportunity is gone since we have no idea what is real and what isn't.
Got orders in at $830. Now hope that the 'loop' is honored  |
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Is btce leading the price up? Can't be a bull trap, could it? |
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MtGox Api totally bonkers
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Bitcoin has neglected warning signs for years. Its not a stock with earthly limitations like turnover and profits. It can still go wild regardless of ugly charts.
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