I find myself in need of a pretty rock. Mostly just because. But diamonds are too... cliche, mainstream, dirty? Something less common, but still very pretty to look at. Any suggestions?
Glass Butte Fire Obsidian...one of my fav "rocks". I am thinking you are talking about jewelry like a ring...rather than a specimen. If thats the case...Sapphire?
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$50 in 2018's purchasing power.
Yep, but we're probably at the ATH right now-ish.
With every price rise single digits become more and more likely, I think. I'm patient.
I'll give OP a bitcoin if it hits $1000/BTC this year. Will not happen.
In the grand scheme of things this run from the teens to ~$90 will appear very short lived and ridiculously bubble-ish. Years from now at the bottom of the coming correction we'll all recognize how absurd it is that BTC traded at this level. If BTC reaches $10,000 at the current stage of the BTC economy, THAT would be a bubble.....
That would be the end of bitcoin. Bitcoin probably won't hit $1000 again because of sources.
The price of bitcoin is unlikely to ever reach $1,000 again. Also, if it starts irrationally working its way up to near $1,000 there are a lot of people eager to sell and the price will catastrophically collapse again. Bitcoin is in a long term downtrend, though there will be ups and downs as people are slow to realize this confirmed fact. I've been studying bitcoin for years now, and have fully confirmed my fear from a few years ago -- that ultimately bitcoin is doomed to failure. All the data I've seen confirms this and anyone can check it with analysis of their own by technical analysis data, as I have confirmed. Just check the Chinese and Russian sources, as have been confirmed by my TA analysis and multiple linear regression study. The best course of action at this moment is to sell if you have bitcoin and not buy bitcoin if you don't have bitcoin. That course of action is confirmed by the available data and will prevent losses. I'm simply offering this advice to help people not lose money on a dying technology. Feel free to review the data yourself. It's very clear. These news, data, and charts should be concerning and demonstrate with confirmed facts that bitcoin is nearing the end of its life. Maybe something better will come along, I don't know. But unfortunately, bitcoin has failed and is collapsing. See below: https://i.imgur.com/cQ8G7MN.jpghttps://i.imgur.com/ZRJofhv.pnghttps://i.imgur.com/NveJpUE.jpghttps://i.imgur.com/VjgnSlu.jpghttps://i.imgur.com/HsUhGNe.jpghttp://www.boc.cn/ebanking/online/201405/t20140504_3276761.htmlhttps://www.cbr.ru/ckki/Exactly! That is the problem. I've been around for a while so you can trust me. I remember in early April 2011, when bitcoin was trading at ~$0.80 and in a matter of a few hours hit ~$0.60! I knew that was the beginning of the end for bitcoin, and its proved correct as we've sustained a long term bubble-pop down trend (you have to ignore the recent highs which are imaginary and will regress to the downtrend mean). I'm glad you can see things clearly as I do, and hope you've managed to escape the catastrophic bitcoin downward spiral. Good luck!
Of course this is a bubble. Just look at the data. We'll likely see sub $1000 before the year is out, which will signal the final long term bear trend to near zero.
I'm being serious. This drop is different. The number of people involved is enormous (e.g. cryptomoms). Bitcoin (and ultimately all cryptos) will not recover from this one. Too many people will be burned here for the market to sustain itself. We're finally (finally!) at the beginning of the end. I've confirmed this with multiple sources.
Just reviewing my contrarian indicator...all is well.
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Nanos gigantum humeris insidentes. https://www.cnbc.com/2018/01/23/one-person-caused-bitcoin-to-spike-from-150-to-1000-in-2013.html In 2013, bitcoin was worth just $150 when suddenly, the price spiked.
Within two months, one bitcoin was worth $1,000. Four researchers from the Tandy School of Computer Science at The University of Tulsa and the Berglas School of Economics at Tel Aviv University now believe that this spike was caused by one individual person.
In a paper titled "Price Manipulation in the Bitcoin Ecosystem," published in the Journal of Monetary Economics, Neil Gandal, JT Hamrick, Tyler Moore and Tali Oberman describe the ways in which suspicious activity on the Mt. Gox bitcoin currency exchange impacted the value of the cryptocurrency in 2013.
As reported by TechCrunch, their research calls attention to the potential risk of price manipulation and fraud withing cryptocurrencies. "If bitcoin wants to be taken seriously it probably shouldn't be this easy or legal to manipulate the markets," writes John Biggs for the publication.
Unlike traditional currencies, bitcoin does not have a central authority. Instead, cryptography is used to oversee transactions, manage supply and prevent fraud. Gandal et al. analyzed data that had been anonymously dumped in 2014 after allegations that 650,000 bitcoins had been fraudulently taken.
They found that a majority of the price manipulation happened due to two bots with "??" listed as the name of the user country. They named these bots "Markus" and "Willy."
Markus bought and sold bitcoin at seemingly random prices and did not pay transaction fees. Upon further review, they found reason to believe that Markus was not actually paying for the bitcoins he was receiving. Markus acquired a total of 335,898 bitcoins and was active from February 14th, 2013 until September 27th, 2013.
Seven hours after Markus became inactive, Willy appeared as a group of 49 accounts. Each of these Willy accounts would sequentially purchase $2.5 million worth of bitcoin and then become inactive. Over this period, the price of bitcoin spiked.
On days in which this suspicious activity occurred, the USD-BTC exchange rate rose by $20 on average. On the days in which no suspicious activity occurred, the exchange rate saw a slight decline.
By analyzing the identification numbers associated with Willy's account the researchers were able to confirm their suspicion that a single actor was responsible for both bots that, over the course of 2013, had acquired approximately 600,000 bitcoins.
"We conclude that the suspicious trading activity caused the unprecedented spike in the USD-BTC exchange rate in late 2013, when the rate jumped from around $150 to more than $1,000 in two months," they write.
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What does weekly BB and ATN stand for?
BB is Bollinger Band. ATN is actually ATH, if you look at the original Russian text. H is the Cyrillic letter that corresponds to our N. Vanga typed ATH (ATN) in Cyrillic because it looks like ATH in English. The Cyrillic alphabet doesn't have a letter that corresponds to our H, which is unvoiced, anyway. ATH = all time high 8000.is that possible?
ROFLMAO Thank the God's...sanity has returned. Spoon fed sheeple...
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Breaking 24777$ prediction game FINAL LIST -snip- WHY SO MANY OFF YOU THINKING PRICE WILL BE ONDER 8K END THIS MONTHY?? WHILE SO MANY OFF YOU GUESS ALL THE CLOSEST POSSIBLE DATES WHEN THIS LIST CAME OUT Looks like your caps lock is stuck, MICGOOSSEN. Of course, factors change over one month or two months time, and therefore, what is reasonable and/or probable changes, too. There is no absolute inevitable price direction or predetermined outcome in regards to the future, and that is one of the reason that any kind of precise prediction game is going to end up being largely luck, and maybe only a sliver of skill or even the fantastical concept of prescience. I disagree. Our sample space is getting large enough for a joint probability distribution where our reaching a new ATH within 12 months is non trivial.
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Buying zone approaching.
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He may end up in jail again with his level of stupidity.
Nothing would please me more, besides the Butterfly Labs officers + Bruce Peterson being thrown into the big-house for twenty some-odd years. Btw, someone knows what ever happend to those butterfly fuckers? I saw Josh the other day, but it was really brief, and the light was bad, couldn't get the shot lined up in time. Just need to ripley Kansas...its the only way to be sure.
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500 btc to go..get while their hot.
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I did the same thing I usually do in these situations...I bought more. Cant seem to help myself...
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I like how the lone whale is like, "I have to make sure to slap down any attempt above the $12,500 'resistance', otherwise they'll think it is a manipulated market."
Perhaps not just one. Volume tells the complete story..not the candles. Looking at the charts Bob showed us, where is the sell off volume hmm?
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Something's got to give.
Will it be 13k or 1MB blocks first?
13k it looks like. Looks like another good buy area to me.
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mtgox: ok I think I'm going to sell off a bunch this weekend. Maybe place a dark buy order around $1.5 just incase others do as well? Mark Karpelès: I don't see things going down to $1.5 this weekend Mark Karpelès: maybe $2.2 mtgox: if I sell 20k they will Mark Karpelès: oh Mark Karpelès: mtgox: so put it low enough where I don't hit it Mark Karpelès: let's say 80k BTC, that's 120k$ Mark Karpelès: let's give gox bot a loan big enough for this mtgox: ok. maybe better for a new account so the accounting is more clear? Mark Karpelès: not much of a problem, gox bot's balance is not authoritative anymore anyway ^ THAT sounds like a shit show *edit There was some sly comment about PoS and non-authoritative chains but I've forgotten...
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Interesting fact : France, Italy and Deutchland combined have as much gold as America : 8.5 T
Russia and China are still far behind with barely 2T each
America has alot more in the ground ~ just sayin :-D g'morning sir* But nobody likes America ftfy
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we are going to the moon this week this is not a drill
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Roach has had his funny and artistic moments, including this one.
Indeed...truth be told..he is a much better troll than all of us combined methinks.
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let me guess...xxxx123abcxxxx just reposted the same links to the same bullshit doom charts yet again, with no supporting analysis
I'm not even going to look/hide
Yep. Jojo...was going to add you to the WO portrait..guy in back on right..walking up to group and saying "FOMO?" But was under a time crunch to be Inb4 someone else picked that low hanging fruit.
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Imagine if that 35K BTC whale spamming the network was one of the mining cartels. I'd imagine it might even be profitable. Spend XXX on spam transactions and receive XXXX on high cost transactions. We need an ASIC killer me thinks. Hope lightning will be the one and it is secure.
I don't see how it could be anyone but a miner. Who would be willing to throw away hundreds of millions of dollars without the possibility of reclaiming it or the higher fees from elsewhere it forces?
This crossed my mind also. Its the only thing that makes sense.
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