2nd leg down coming?
Eventually, but I doubt it will be tonight with this kind of volume on exchanges. We should have period of consolidation for the next 24-48 hours. Western exchanges have lost 10% and chinese 15% in a single day. Thats plenty for one afternoon and many sceptics are already buying back in. |
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465 dollars would not bankrupt miners, guys. Even though, I understand, that you use this argument to doubt possibility of price falling to this level.
If it will happen, it will be flash crash with price recovering to atleast six hundreds.
Other possibility is forming of triangle in the coming weeks with bottom around 800. Guess, we shall wait and see.
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Leprikon, as well as nuclear power plants, including those that power deep space probes  Personally, though, I do not see the need for even smarter computers. I see need for smarter people. I have problem with super artifical intelligence, because neither humanity nor its many goverments know what do with it. I agree with you on scientists in general yet they are but representatives of common folk. Just smarter, more focused and more educated. You cant screw around with powerful tools, be it omni-present computers or chainsaws... |
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To the OP, who controls torrents? Principle is the same really. You cant shutdown bitcoin or torrents, because by design, they are decentralized. They will be used as long as there are uses for it. For that reason, technological advance is paradoxically more of a long term threat then say momental government ban on its usage. Only way to uproot bitcoin is to introduce product that is far more advanced and intuitive. But also decentralized, because of its inherent advantages and robustness of overall system. |
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When did this thread become mining topic, guys?  Seriously, lets return to Technical analysis. Are we hitting the top, yet or is retesting all time high still in the play? By the way, I see mining discusisons again and again, when there is lack of decisive movements. All of four years, I watch bitcoin price movement. None of these debates had any influence on actual price. |
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You should try freelancing websites, man. They pay the rates you mentioned, alas, you have to have skills needed for the job.
Like website designing, copywriting, translation, etc. etc.
Writing that you want a "job" and have maximum of four hours per day for it, is not the best start.
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I have a question related to the one suggested by OP,
how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.
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To the OP,
artifical intelligence realizing that humankind is too wasteful demands one thing. Complete centralization of human society, which indeed is incredibly dangerous.
While, I dont think anything similar to Skynet is on the horizon, it doesnt mean we are not endangered. Afterall, how do you ensure safety and continuation of human life better, than if you put said person forcibly to sleep in controlled environment? And how do you protect person from pain any better, than if you simply end his life?
Machine intelligence has no room for common sense.
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Warning, this will exceed the intellectual capacity of most readers here.
So why are you reading it? He said capacity, not capability. Capacity as in "empty space", of which his brain has a disproportionately large amount, compared to most readers here. Which perfectly illustrates your average student of philosophy or politology. A lot of empty space, that can be filled with more BS. And we wonder why these schools accept perfectly normal, healthy kids and after couple of years return full grown sociopaths with communist streak. |
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When will Bitcoin reach $1000?
It looks like it will only be a few days.
Difficult to say, it might not even be during this pump. We're certain to go above $1,000 but not necessarily in the immediate future. I hope we do though. It's just $1,000 seems to act as some sort of psychological sell barrier where people feel the need to get out & take profits. I vividly remember, that back in 2013, it was the same exact story with 100 dollars, acting as both barrier and eventually support line. We moved back and forth multiple times to the point it became a pattern. Then one day, we broke down from 130 to 90, recovered and next you know, we were attacking 1000 dollars for the first time. |
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One would say, that with all the action in markets right now, well have conversation about Bitcoins.
Alas, that is not the case. Instead its the marxist cuckolds against testoterone driven darwinists about the meaning of life.
Welcome to the Bitcointalk forum, folks!
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Popcorn, I will return to this topic later in more indepth review, but for now, I have to say, that your view is full of personal bias, that completely disregard human lives. Sorry. Indeed I see nothing wrong with substances themselves, but alot of wrong with human nature. Like in Mexico or Afghanistan, whole industry headed by local warlords grew around drug making and distribution in Phillipines, creating parallel society, that distrups and debilitates state as a whole. That IS a problem. Official figures state, that 1000 people per month die of injuries in this drug war. Not of usage itself mind you. In a ongoing street war for "territory". http://edition.cnn.com/2016/12/12/asia/philippines-death-toll-drug-war/ |
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Shorena,
this is all really helpful. Kudos for making rather complex procedure as simple and idiot proof as humanly possible. You are making this forum a better place. Thank you.
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Just stopping bye to say thanks, Afrikoin. You were right again, man. Others wish, theyd have your track record at analysing market situation.
Thank you.
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To the OP,
screw the "system", right?
Formally, there is indeed nothing wrong in what you propose, however, you are forgetting something. Post quality needs to be good and relevant to the topics at hand as managers are prudent and will check what they are paying for.
Atleast third of users on Bitcointalk have problems to write in proper english and many others have posts full of either smilies or single sentences. They wouldnt get into sig campaign with a single account and I doubt quality would get better, if they multiplied their post count like that.
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They will never learn because the system runs on greed.
And since every single person wants to be the Satoshi.. they jump from coin to coin.
Meaning we will NEVER EVER get our ducks in line to support 1 Altcoin.
It's a corrupt greedy immoral system designed to perpetuate a pyramid scheme token making machine.
Innovation is irrelevant.
I can just imagine you sitting on your couch, reading Däniken with aluminium hat on your head to protect you form all seeing eyes of the illuminati. Seriously, though, Bitcoin has massive advantage in it being the first. As a store of value it is right now unbeatable. Now, if we are talking about daily payments, anonymity, ease of use, yes, there is quite a bit of room for another crypto. Definitely not Litecoin, but Moneros and or Ripples mights matter in five years from now. Both can do things that Bitcoin is not good at. |
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ManOnTheMoon,
exactly. No signature campaign will make participant rich, BUT it sure as hell beats saving account in a bank and it costs you nothing. Senior members and above can make their first bitcoin within a year at current rates. Thats nearly thousand dollars.
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To the OP, we have already seen that in 2013, when we entered multi-year bear market that only ended in 2015. Demand and with it price decreased. We will see it again eventually.
But rest assured that ANY commodity in the world goes through these up and down cycle. It wont change the fact, that as with any diminishing resource, Bitcoin will stedily keep rising in the following couple of years. Unless there is something FAR better, that can fully replace it.
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Hilarious, I thought Trump was referring to crime statistics, because mayor of "sanctuary city" is doing good job in competing with Detroit and middle East countries in that department. https://plus.google.com/+RT/posts/YzPqw6cFKECMore on gangland here. Quite NOT surprising to see mayor prefer political agenda before making his city and voters safer. http://crime.chicagotribune.com/chicago/shootingsCity of Chicago can actually compete in entirety of Russian Federation as far as shootings of people goes. This month 268 cases and it is not even 31st yet. |
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