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I declare it dead only after 6 months of flatline.
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Im not saying it wont go up, it really could keep going up. But man, that weekly chart is scary...
As scary as when we hit $15 I repeat: just because things went up, does not mean things go down. Remember that or learn through losing. |
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Also used by Austrians is the famous quote from Keynes' book 'the economic consequences of the peace'
Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens ... Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
I still shake my head when I read this quote and am subsequently reminded of this dark force raging in our societies.
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PXTdzMWTRWNi7NfpV9utmrDSq8G1fsPJNY
Tx!
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I am waiting for an application for Name coin to create domain names that cannot be seized but can be accessed by the public without installing extra software. The technology is there now.
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Based on that chart, price would reach $1,000 before year end.
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... simply because quadrupling price in just 2 months cannot be a normal rally, so a correction must follow.
Trader error no ##: just because the price went up so drastically, it must come down. |
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Many people are willing tot put in $1000-ands at $2 and wait for years on end whether BTC gets a role in payment systems. Best bet in your entire life.
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1GWLL4L8a7v2aP34o97Fa52VvrTyXAwXD1
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Many positive news about litecoin are coming... So, I dare to publicly announce and promise that I would never sell my litecoins for less than 1$ ever. Join the movement, folks  . I have: 10 bitcoins I won't sell until they're worth > $10,000 each 100 litecoins I won't sell until they're worth > $1,000 each 1000 namecoins I will not sell until they are worth > $100 each The only reason I'd go back on this is if I go totally broke and my wife loses her job. Cryptos are the future. +1 and with a factor 10 to 100 |
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This thing won't stop itself, like a balloon that pops up form the depths of a bucket. And the bucket is rapidly turning into an ocean (of USD).
Hold on tight!
Sir, you are so verbal virtuoso that it is hard to know any more if that was a bullish or bearish statement! Hint: the moon  |
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Wait until the 2nd and 3rd world catch up. The developer of good mobile Bitcoin clients could be in for a ride.
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If $100 is breached, $1,000 will not be a psychological barrier anymore.
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This thing won't stop itself, like a balloon that pops up form the depths of a bucket. And the bucket is rapidly turning into an ocean (of USD).
Hold on tight!
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Meanwhile, difficulty of PPCoin is rising again  |
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This thing is unstoppable |
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The Future
Great post. One of the best I've read since I started subscribing. Then it must be optimistic.. |
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Shit, if someone had said to me last night we'd be back in 45-46 territory today, I would've laughed.
You probably would've laughed even more if someone told you that some dude managed to double-spend BTC 211. It's an opportunity to upgrade the software. |
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