Also Microsoft only accepts payment in USA.
I guess we have more chance to see BTC rises if we see they accepting in others parts of the world, because I think USA BTC market is kind of already saturated and news like the Microsoft one won't spark more acceptance.
It might actually encourage Sony to jump onboard. Sony is horrible with network security and Bitcoin could just help encourage purchases instead of holding credit cards info.
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Looks like the Microsoft news erased the drop from the fake China release on Dec 9.
Actually, BTC is still trading slightly lower than just 2 days ago.
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Barry Manilow - "Looks Like we Made It"
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Short cover rally!
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Is it too early for train photos?
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Needs to be a bit firmer, more like this ... God bless you.
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atypical bottom forming? back over 400 soon? to the moon?
up, Up, or UP! ...I need answers poeple....
If... and only if... this drop was based on the fake Chinese news, then I don't see reason for further drop. Never say never.
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If you say anything but "up up up" and "to da moon" guaranteed you're going to offend some people on here.
Its not that. Pretty sure it is that. Most bears around here got into bitcoin due to media hype either around November 2013 or later and hence have only seen a downward market which is blinding them to the future of digital decentralized and programmable money. These bears are the get rick quick types that are pissed that bitcoin hasn't made them millionaires yet. You mean like that JayJuanGee guy? Quite the bear he is. Anyway, can you blame people for being disillusioned when all the "respected" and "reputable" permabulls on here were screaming "OMFG BUY BUY BUY WE WILL NEVER SEE BELOW 1000 AGAIN!" You know, the same guys who cry about bears when the price goes down? People that have been around a while have been treated really well by bitcoin and have gained great wealth with more to come with time. If your a bear and hoping to "strike it rich" buy some bitcoin and wait a while FFS, shit doesn't happen overnight.
People that have been around for a while have been fortunate to see a huge bubble, but that won't stop people like you from telling new people to buy as if $100k per BTC were a foregone conclusion. Seriously, if you do have that crystal ball that assures you of that, you can probably use it to make money in a whole lot of other ways, too.
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Ok, now that I've had 4 months experience of direct buying and selling to people, here is what I've observed. Sellers tend to be mostly white. Buyers include a huge percentage of blacks and Spanish speakers.
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Believe it or not today a friend called me up. His wife works in private equity for one of the top 3 financial entities worldwide. My friend told me his wife had received "Bitcoin Training" and that they were all to take Bitcoin very seriously. The most interesting piece of info was that they expected bitcoins to reach a value of over $10,000 dollars by 2016. They also said that $10k could be on the lower end.
Believe it! Here are the training DVDs.
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At what point from 1200's to the 300's does one finally start to realize that BTC is in a bearish trend? Just curious.
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Dumpers and pumpers waiting on confirmation of results or something. Where is the insiderrr infooo lol
And then they will pump and dump. So what's the point? If you abandon your illusions about bitcoin fixing all of worlds financial problems, while making a bunch of dumb people rich, whose only ability is to buy coin and sit on their ass, then you could actually enjoy these constant pumps and dumps. The winners in this game are those who have proper timing. If you're unable to time your trades, then you should play different games. While nobody can time the market all the time, this is some of the best advice I've read in this thread. I've been winning by doing automated trades based on limit orders from seeing support and resistance levels. To buy when everybody panics and sell when traders are in jubilation is too difficult for the typical human. Just leave it to an automated process.
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Hello gents, I'm back from an enforced one week vacation.
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