mtgox making another move upward back to 320 I think we might see serious climbs in price soon.
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If everyone in India starting using bitcoin......
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Personally I would buy back in, the price of bitcoin will in most cases still rise at this point. All technical indicators such as order depth and general market environment tends to increase my confidence that the bubble is still in its mid age.
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Hmm thanks might consider buying one outright, seems like a good long term investment as long as btc succeeds that is lol.
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Could be $1600, I mean what happens when there's no more coins on gox to sell? All the other exchanges will likely follow a giant price rise.
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Anyone have any idea how much these atms are to buy?
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I'm pulling for 615m ~20% increase and should be around there for the next few increases until 1b, then maybe slow to 10-15% growth imo.
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If this bubble can reach $1k, will it promptly create a crash from all of the sellers at that price point? Or will it begin much sooner ($500)?
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Bad press may exist for bitcoin, but in my opinion this isn't a bad thing. Whether or not this is truly an attack on bitcoin does not matter, people will read this article and if interested delve farther into the bitcoin atmosphere. In time, they may understand that it is incorrect, or the many advantages of bitcoin will shine through. Just check google trends on bitcoin searches its spiking up again.
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Why can't we just get the exchanges to follow SEC regulations? Is it too much money to create a website like that for the amount of traffic/transactions it receives?
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Yeah um mtgox sucks, can't wait til they go out of business just slowing down the evolution of bitcoin imo.
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We might see 300 by the end of the week, however it is not the prices that we see it is the overall feeling of the community. Where will the resistance be after $266? When will the inevitable bubble burst and how will we know preemptively?
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Last few days transactions have been totaling ~1m bitcoin (right now 1.1m btc) and if theres 12m bitcoins that means on average a bitcoin is being spent 30x a year. I'm just not seeing how people are hoarding, the currency is being used to transact and currently at a rate faster than most others. I believe that bitcoin will surge in this bubble and quickly fall back to about where it is now maybe 250-300.
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I'm going to have to agree that is about where we are currently and once we pass the ATH, who knows where its going.
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I think we will definitely see below 200 just need to wait for the bubble to pop, the initial downswing will probably be below 200.
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I would have to agree that both are terrible investments. However, cointerra is not as bad primarily because if they do ship on time December/early January then it may be worth the price depending on competition. Unfortunately, I am not completely confident they will ship on time after seeing the problems with hashfast etc. If they ship 2-4 weeks later than originally promised it is certainly not a good investment imo.
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Anyone know whats going on with the gen 2s? Have they started production yet? Or are they still finishing up shipping gen 1s?
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"Bitcoin: the currency of freedom."
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Knc is at 28nm how is 20nm a porsche compared to that?
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I'm just wondering how knc is still awaiting chips from production, yet bitfury has the chips and will take another month to ship...
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