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It would be great if bitcoin allowed regular folks to mine with just their wallet. Diamond coin, DMD, allows you to do this, all you need is a DMD walllet with some diamond coins and voila you're mining. With the global climate change, bitcoin should allow this. It's almost unconscionable. Shame on btc and bitcoin miners.
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Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.
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The month of January has been historically unkind to bitcoiners. We've seen the ATL (All Time Low) last January (for the year 2015). We saw the ATL for the year in January 2014, so on. January has been murder on bitcoins.
The coming January is no exception. We are going to see the ATL for 2016 in a few weeks. It will be a good time to buy, so get your fiat ready.
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After the 2 year bear market, after the meteoric rocket rises, we've entered the stage of mediocre growth. As evidenced by the recent developments since October 2015, you can see that btc price goes up gradually, like 10% over a month's time. After these mediocre growth, profiteers come in and drive the price down a bit. The cycle goes on.
If you bought $1000 bitcoins, I pity you, we will never see $1000 coins ever in our life time.
Folks, this is the way it's going to look from now on. No more moon rockets, and no more steep crashes. Enjoy and have a nice day!!!
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I was looking at the tradeview charts when I noticed my autistic brother looking over my shoulder. He said "It's going to crash." I asked him when. His reply was "Soon, within a few days."
The thing with my autistic brother is he can be streaky, I mean, he gets in these moods where he gets everything right and then he gets in other moods where he can't do anything right. He's real good with numbers and patterns, though.
I just sold a few coins, I hope he's right.
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I was looking at the price charts earlier today when my brother looked over my shoulders and said "It's going to 500." Well, the thing is he's autistic and a rain-man. He's not good with people but a genius when it comes to numbers and pattern recognition. I'm just the opposite. Anyways, I asked him "How soon?" He nodded his head and replied "Within a few days, minus or plus"
So, there's the most solid proof possible of the impending crash UP to 450 and 500.
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This is a Public Service Announcement!!!
What we are seeing is nothing but a pure pump&dump scheme! This rise in price is a ruse! Do Not Buy Any More!
We're going to go down any minute now!!!
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Economy / Speculation / Mini Crash Incoming 10, 9, 8, 7, 6, 5, 4, 3, 2, 1
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on: November 18, 2015, 03:14:18 AM
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We are going to see another mini crash down from 334 to 314 any minute now. The great manipulator is gearing up for a dump.
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History is re-unfolding right in front of our eyes.
Over the past 2 years, we've seen how bitcoin rocketed to over $1200, only to fall gradually to $150, finally settling around $250.
Recently, bitcoin seems to be repeating this behavior. First it seemingly rocketed to over $500, only to fall back down to $370 currently. Where it will settle down to is a good question to ask at this time; how long it will take to go down there is another good question.
Judging by the posts with naive people calling for million dollar bitcoins, we are in for a rough landing.
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I see the brief pump to 249 has now permanently turned into a full retreat back down. In the short term, we will see 235. I expect we will settle down around 225-230 again and will stay in the range for the duration.
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