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This downward trend going to continue slowly and gradually, bottoming at $520.
I suspect $520 to come ard end july/ during 1st week aug.
slowly and gradually = within 5 days. lol, nice use of language. |
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I thought all their bitcoins were held in one address which has had no withdrawals from it yet.
this |
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What has been the % increase of bitcoin per year?
As well as the final yearly value.
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On what grounds is the price currently dropping?
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Was going to send you a few mBTC but can't scan either pic of your tattoo. Not going to do it from your posted QR code pic.
How much have you received in donations?
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Have just requested withdrawal of 30btc. Status: "Waiting to be processed"
why would you ever keep 30btc on an exchange? keeping over like .5 not in a wallet seems stupid. |
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Oops. 1,240,000,000,000. Seems more reasonable.
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If we assume all 21 million bitcoins are in circulation, and a bitcoin is worth $100,000
The totality of bitcoins are worth $2,100,000,000,000. That seems way too high a number to be in circulation.
For comparison the total USD currently in circulation is only $1,240,000,000. That makes the amount of bitcoin in circulation almost 1700x that of USD.
I know lots of bitcoin is lost, but even if we assume only half that amount of bitcoin is recoverable, the number is still outstanding.
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my exchange doesn't let me cut through the orderbook for any specific order. If the price is 900 and I set an ask at 600, it'd get sold at $900
the seller doesn't set the price he wants to sell it for?? i guess it depends on volume. if there's bids for $900, and you list for $600 it would sell at $900. |
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I don't understand OP's logic, but I think the price going down is good to get more people involved.
I think the mentality of the general public is you need to buy-in for at least 1 bitcoin. Most people don't have an extra $1000 to buy that one bitcoin and most newbs won't just buy in originally for .1 bitcoins.
If it goes down to a couple hundred bucks they may be more willing to buy in.
I think a movement needs to be made for the standard denomination to be a mBTC rather than a BTC. People would love to buy in a get a couple hundred pieces rather than just 1 piece. Even though it's worth the same, intuitively more is better.
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lol, OP bets 2 bitcoins, goes on bitstamp and sells 1 bitcoin for $599. Wins bet. lol this bet.
Newbie in 'not knowing how market works' shocker!  please explain how if OP lists his bitcoin for sale for $599 on bitstamp and someone buys it, that bitstamp wouldn't show $599 as a sale price. |
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lol, OP bets 2 bitcoins, goes on bitstamp and sells 1 bitcoin for $599. Wins bet. lol this bet.
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