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Oh dear Erik, the Expensify guy desperately needs your help.
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the mtgox hack (with the db dumps and everything) was-whatever way you chose to look at it-undeniably atleast part of the reason for that specific crash.
Except that it happened after the real crash. Lots of news agencies misreported the timeline, so I understand why newer people are misinformed. But I watched it happen, so you're not going to change my mind about the facts by repeating incorrect information. If you're going to include the slow and gradual price movement from 17 to 2 in "the crash" then you're just calling any downward movement a crash, which is silly. |
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Because it was caused by an anomaly - mtgox getting hacked. Regardless, see my point above.
No, it wasn't. Price was already way down before MtGox got hacked. Furthermore, "because Bitcoin" is not a reason Litecoin will go up. However, your first point is better than anything else you've posted so far. It doesn't explain -why- the demand is up, but there must be a reason. Hopefully it is a good one. |
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I imagine this has to be the internet equivalent of taking out your dick in public.
That said, congratulations.
Read more closely.  |
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Today is a bank holiday in Europe. The market price today may demonstrate unexpected or even inverse behavior relative to the overall trend.
Overall trend is up. Today's price is up. How would a bank holiday make it harder to sell? |
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I did not gamble on this but come on guys, I don't understand how it is possible that some of you are considering this as "BFL is shipping"
What a joke
+1 Full disclosure: I did not bet on this either, but if you think BFL shipped by the evidence presented so far, you should run for a political office. +2 No money at stake, but come on. This is MNW-level bet weaseling. |
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To paraphrase Ron Paul grilling Bernanke:
What's it going to take for you to admit you were wrong?
I miss early 2011 proudhon. Please snap out of it!
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Nah...I'm waiting until we get down below $2 $5 $10 $14 $20 $32 $47 $56 $74 again, like these wise "investment experts" keep promising will happen.
/allinalready
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Down into single digits now, just hit 9.97.
We haven't seen the bottom. |
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Proudhon down! I repeat, Proudhon down.
This won't phase him. He's only been wrong thousands of times before. |
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The only sad thing is no one will believe us until tomorrow.  |
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 From Bitcoinity:  |
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Re: price swings and how they affect merchants - there's a menu cost. You need to change your price as BTC moves around since your inputs are likely denominated in your local currency, but your output is priced in BTC.
Keep your menu price in local currency, use a BTC quote at time of checkout. It's not rocket science. |
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They are a bitcoin selling service that hasn't been able to sell bitcoin in a month or more.
I can attest to this being a solid fact. I can attest to it being incorrect. I know many coinbase customers who have bought in the last month. Some of them have had weird issues with their balances, 100% of which were solved by customer service. The fact that they are often sold out shows how much demand there is. They seem to be working very hard to scale up as fast as possible. |
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Another scammer? How shocking! |
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Now that someone was kind enough to write https://www.bridgewalkerapp.com/ we can finally put an end to this nonsense. If you are "afraid" of the fact bitcoin keeps going up in value, you can use this app accept and spend BTC, while holding dollars. You will be 100% protected from the horrible "volatility" that every Bitcoin holder I know of is actually thrilled with. I have to say, hats off to the author. I suspect hardly anyone will use it, but it's the best troll-killer ever. |
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