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wtf, youre telling me i could just put an order in to buy 10000 BTC at $100 to make it seem like there was a huge demand for BTC without having a single cent in my account? that is the most stupid thing ever, I can't believe this has only just been changed.
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My friend only came back to me about Bitcoin because they heard it crashed and wanted to although at me for washing all my money... geez it sure is easy sitting on the sidelines Haven't lost a penny, by the way.
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Before the crash, I'd agree, but now I'm guessing lots of people are cutting at $100 to either break even or escape with profits. Lots of people bought in at $100 and since the crash they will want out and selling at $100 is most peoples breakeven point.
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I'm sensing a Schrodinger's cat situation, now you are observing it you will find the outcome changes.
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I only bought 2 BTC so not worried either way but interested to see what peoples opinions will be.
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You haven't lost anything until you sell for less than you paid.
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This seems so suspicious, why do ALL bitcoin price related sites go down at the exact moment of a dump, you would expect them to slowly go down as more people became aware and went to check the prices.
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I see a price rise next week due to the large amount of money that is currently on its way to exchanges after the price fall last night, people want to buy in at these low prices and that will push the price back up.
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Crash post-mortem? Dude, at least wait for the rigor mortis to set in, this crash still has a pulse!
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I tip my hat to you OP, seriously good call. Regardless of wherever people think the price will eventually get back above the current point, if the OP has made a tidy profit from this then who are we to say he did anything wrong! I'm taking the position of the lowest class guy on the Titanic who overslept and realized all the lifeboats had already gone by the time he woke up and with nothing else to do but sit and wait to see what is gonna happen, listening to the string quartet playing Nearer, My God, to Thee as people jump overboard. Easy for me to say since I've only for a few hundred invested
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Already at $150 on BitStamp!
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ProudHon is right just like the crazy raving homeless man who shits himself in my local high street will be right when the sun explodes and consumes the Earth in a billion years, because he's always screaming about the world ending...
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Anybody else feeling a sudden discord of unease? Who knows what happens next? Hmm!
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This isn't meant to be a 'Dhuurr put all your life savings into Bitcoin!!' post or anything, I'm just curious as to why so many people here are shocked that people are buying at current prices yet fiercely defend accusations that the price will drop. So, if you truly believe that Bitcoin prices are due to rise, and you are holding back from actually buying (if you have money to invest) then what is stopping you? What do you know? Legitimate question! Because most of the long time bulls on this subforum should have already went in when the price was below $32, at the current price any purchase could probably only add very little to their holdings. What's funny is that this thing has become some sort of a ball game: only professional players are left on the field, others just sit in a pub drinking and watching, cursing, etc. Hah, this is a great analogy. I guess I'm sat in the pub watching but still playing for my local 5 a side team on weekends.
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Of course yeah, I was directing the thread at specifically those who the title applies to, not generally to everyone on the forum.
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Why are people so glued to the price? I check quite often (on my phone widget) but it sounds like some of you have serious addictions to checking the tickers and forums Because you have your life savings invested and want to make sure you aren't going to loose your house, or because you are enjoying yourself literally becoming a millionaire?
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This isn't meant to be a 'Dhuurr put all your life savings into Bitcoin!!' post or anything, I'm just curious as to why so many people here are shocked that people are buying at current prices yet fiercely defend accusations that the price will drop. So, if you truly believe that Bitcoin prices are due to rise, and you are holding back from actually buying (if you have money to invest) then what is stopping you? What do you know? Legitimate question!
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What is so surprising? It is quite obvious the price will continue to rise, so even if it rises only $3, that is still $3 profit. When BTC hit $100 I remember seeing people on here saying they can't believe people are still buying, yet when the price hits $200 (probably not long now) then those 'crazy' people who bought at $100 have doubled their profits.
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The ignorance and lies in these articles are bordering on dangerous considering these 'journalists' are supposed to be teaching the general population about other important matters like war and economy. The BBC article says the value dropped "sharply" after the MtGox issue, yet purposely doesn't tell you how much it dropped by because they know full well it wasn't that significant. Bitch please we have dropped tend of dollars in seconds before, we can handle it.
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