The only reason why BTC will grow and increase in price is Anonymity. Each and everyday people are tired of showing ids and passports to banks to send money to someone or receive. With BTC its all cool and your anonymous what more is needed? BTC Can grow a lot more in developed countries with high tax rate and strict control. As people want to live free not in a cage. One of the reason Sweden loves bitcoin is this.
There are way better alt coins for that. It does not have to be 100% privacy. It can just be something that is similar to cash: payment is visible for the receiver, but the identity of the payee is not necessarily known to the rest of the world (e.g., stored in a central system with access for government officials). Yeah, there are better coins for that. Bitcoin is just an outdated pump and dump coin.
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The only reason why BTC will grow and increase in price is Anonymity. Each and everyday people are tired of showing ids and passports to banks to send money to someone or receive. With BTC its all cool and your anonymous what more is needed? BTC Can grow a lot more in developed countries with high tax rate and strict control. As people want to live free not in a cage. One of the reason Sweden loves bitcoin is this.
There are way better alt coins for that. Altcoins Since Bitcoin has failed and soon will be dead any other coin with better features can take its place.
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The only reason why BTC will grow and increase in price is Anonymity. Each and everyday people are tired of showing ids and passports to banks to send money to someone or receive. With BTC its all cool and your anonymous what more is needed? BTC Can grow a lot more in developed countries with high tax rate and strict control. As people want to live free not in a cage. One of the reason Sweden loves bitcoin is this.
There are way better alt coins for that.
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I have a question for those who still believe in a crazy price rise and mainstream adoption. It's been 6 years. 99.9999% of the world out there doesn't give a shit about Bitcoin, bank fees, decentralization and so on. Why do you think that after 6 years (six!!) this suddenly will change? How delusional do you have to be to believe this?
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Shall I go long or short?
You buy at the pump and sell at the dump.
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The last time it was 377 was at 22:00 on 22Oct14...there is no chance that it will hit that in the next 5 hours.
It's almost like drawing lines on a chart means shit.
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So what? You think everyone will move to Bitcoin? A pump and dump scheme that lost value 10 months straight?
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The Winklevoss are giving a keynote at Money 20/20 in a week.
Is it possible they may announce the ETF? Does the SEC publish public documents upon approval, or do they privately tell them it got approved? In other words, will we know when the Winklevoss know?
I'm pretty sure this somehow will turn into more dumping.
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Bitcoin is a bigger pump and dump coin than most of the alt coins out there.
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I'm sure everyone realizes by now this will end in a dump?
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I'm considering to stop looking at the bitcoin price for the next few months but then I risk losing all money... And miss opportunities to buy in low if I decide to do that. This market really is a bitch man
You were quite young weren't you? This is good learning opportunity for you, just watch and ride it out. Forget about the profits you had for a moment and just watch this bear market. Better times will come, soon or not. Sometimes things fail and die out. This is one of them. Give me one good reason why after 6 years (of which the last year was total shit) we suddenly will go up again. Why will things get better? It already failed.
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If that selling presure on finex continues we can easly visit sub 300$ again.
This has been going on for so long. If t still works why would they stop anytime soon.
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I put half my money in silver. It has a brighter future than Bitcoin.
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Day/weektraders hurt everything they touch. Investors who once every few months/years 'trade' something, cannot be put into the same category once they 'sell'.
Wrong. Traders help price discovery. Traders only help themselves, instead of the invested good or company. Price discovery can be done without daytrading. Exactly. The pumps and dumps especially through Bitfinex have nothing to do with price discovery. They only hurt Bitcoin.
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I see that a lot of people are upset with me that i got out in time. Please don't be. I'm here to help you.
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Where have i heard that before. Oh right, here, the last 10 months.
ShroomsKit: if you are so bearish on bitcoin why are you here continuously? To help you guys getting out before you lose all your money. Only holders though. Traders i can only hope they lose all their money.
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I'm waiting the $250 value , is it possible or not ? What do you think guys ?
Because you are gonna buy all those cheap coins at 250 and then the price will magically go up and you will be rich. Correct? No , I don't want to be rich . I would like only to buy some bitcoin at $ 250 , is it a problem ? I don't think. You won't be buying at 250 because at 250 those coins will be expensive and you'd rather wait till 180.
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I'm waiting the $250 value , is it possible or not ? What do you think guys ?
Because you are gonna buy all those cheap coins at 250 and then the price will magically go up and you will be rich. Correct?
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May get chance to buy with my trading tranche if we reach 300 again. Bit disappointing this bitcoin market. We may need a retest of the absolute lows again.
"We need to test the lows and after that we will go up". Where have i heard that before. Oh right, here, the last 10 months.
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Here's the thing. This is entirely rigged to suck out your coins cheap. Then they will sell your coins to their buddies and watch you panic buy. But there won't be any cheap coins then. I know how that sounds, but real life is just that idiotic and we now have the attention of people with no sense of fairness.
It's just big money secretly accumulating, right?
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