Mainstream economists are oblivious to how difficult it is to get fiat out of Gox. Until that becomes easier, the bubble isn't popping.
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797 on stamp. Fasten your seatbelts, we're going down.
Cheap coins is bullish, bro.
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Rising price is bullish because: we are getting rich.
Crashing price is bullish because: cheap coins.
Come on guys, calm down.
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How is low volume bullish? I'll admit ignorance here if someone can explain.
Everything is bullish. That's how. [...] I agree again. What happened here? Self-performed lobotomy.
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May as well just sell pre-mined 'shares'. It speeds up the process.
But that doesn't build a community does it. Thus a critical component is missing. You've completely and utterly missed the point. Depends. Do you want a community drive by pure greed and speculation, like bitcoin? If so, then yes it absolutely speeds up the process.
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How is low volume bullish? I'll admit ignorance here if someone can explain.
Everything is bullish. That's how. Get a lobotomy and join us, or GTFO.
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Have you even one argumetn against ripple ?
Excellent post from DieJohnny. Ripple has done nothing but plummet the last few months. There is zero reason this coin is worth 2 billion and i am glad it was put back on Crypto market cap because it will accelerate the mass exodus from a coin that is going nowhere.
The number 1 reason this type of coin and NXT and QRK and any other coin will ultimately fail is because you cannot buy adoption, a community, an economy. You cannot purchase or acquire in any way the ecosystem that will make the coin actually worth more than zero.
Mined coins are ingenious because the ecosystem is organic, the ecosystem is first created by the miner and then others eventually join in to make a community.
Very similar to the gold mining era in the USA, huge communities would blossom overnight to support mining towns. The connected infrastructure created San Francisco.
However, you cannot buy a few hundred people put them in a town and wave your hands dramatically and say come here, come here, buy my gold!!
Everyone will laugh at you.
No this is stupid but I give up you'll undestand in few months/years. It is stupid. Mining hasn't resulted in a more equal wealth distribution. May as well just sell pre-mined 'shares'. It speeds up the process.
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MtGox 24hr volume approaching 1,500. This is "huge" and "bullish as fuck", right?
Proudhon, I need sources to confirm.
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None of these companies are going to accept bitcoins directly. Payment through a payment processor is not bullish. It indirectly causes selling pressure on exchanges.
The reasons we didn't see much selling pressure after Overstock is because so few are actually buying things with bitcoin. Overstock did 500k sales total since Jan 9. 125k was on the first day... That is a huge dropoff. Bitcoin = failcurrency.
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What's all this talk about the Bitcoin Foundation in the last few pages? Am I missing something?
+1
Its members are debating whether to become the Dogecoin Foundation. Very controversial stuff.
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No. Your only job as a speculator is to get rich at everyone else's expense.
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^ Bullshit. At no point in time has there ever been more bearish than bullish sentiment in the speculation section.
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*Throws USD at Proudhon* Gimme some coins dude, where are my coins???!!!?!?!?!?!!?
LOL Not available to general public. Wait, I just had a great idea for a new meme coin... USDcoin (aka Bitcoin).
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LOL flight from alts to MEME-COINS (ie doge) is hilarious. PPC is in a death spiral.
I got out at a good time then. I keep thinking, now that we know bitcoin can't work in the real world, as confirmed by sources, we really need to focus on the development of a new cryptocurrency that is like bitcoin, but better. And, everytime I think about how bitcoin can be significantly improved, the main thing I keep coming back to is its volatility and that its supply needs to be controlled by me. Do you have an official, expert stance on Ripple?
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There's a very obvious Occam's Razor-style explanation for why the price hasn't appeared to be so news-sensitive. Maybe it's really been reacting mostly to fundamentals all along, and our consensus of relating it to news is just ex post facto attribution error?
Sure. And Dogecoin is obviously reacting to fundamentals as well.
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