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Does anyone qualified know whether the "Bitcoin mining" ban refers to Taobao only or whether it is an order from the PBOC to the whole of China?
I looked at it in Google Translate yesterday, but it looked unclear to me. It would surprise me if they really banned Bitcoin mining nationally. We have seen no drop in hashrate nor have we seen news reports about this, so probably not.
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It might not have been 125, that was just a guess, but you are a documented butthurt bear.
How does that even work if I profited off every single Bitcoin bubble to date and even ended up outperforming them? I could make up stuff about your history as well, yet I refrain. Who is the real butthurt resorting to fictional ad hominem, I wonder? The truth is, anyone who has a non-permabullish stance will constantly be attacked. And that is why I find it much more fun to post when it upsets the majority of people here. I was the opposite back in Winter 2011 and had fun with the permabears the same way. Who knows what will go higher you ask? I know what will go higher. Bitcoin. Alot. Higher. Maybe not today or tomorrow, but over the next couple of years, yes, most definitely it will.
I am waiting for that watershed line where sentiment is no longer "could go to zero." This fallacy will not always exist. And when it doesn't there will be an exponential rise in price.
Sure, That's probably a safe bet. Like I said, depends on timeframe. |
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Of course, I have nothing against day traders. But we might have a problem with pseudo-hodlers reading this thread and picking up "sentiments" that have absolutely nothing to do with long-term hodling.
Please tell me, how do you become a certified Hodler? Is there a membership card? If there is can I have one please?  Time locked storge of some form. With that option, you can remain logged in. |
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Of course, I have nothing against day traders. But we might have a problem with pseudo-hodlers reading this thread and picking up "sentiments" that have absolutely nothing to do with long-term hodling.
Please tell me, how do you become a certified Hodler? Is there a membership card? If there is can I have one please? You need to stash your BTC away to where you can't readily access them, log out of this forum and do something else for 3 or 5 years. |
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Ignore it, just like China in the beginning. Actually, try spin it into good news. If the FBI sells Bitcoins, then that probably means it's a currency now.  Don't forget to do this, now is the opportunity for that. I'm sure that whoever buys coins off the FBI would never have bought Bitcoins otherwise and so demand that would otherwise be there will be missing. I am also sure that certainly, the buyer(s) won't get a big discount on the market price that would allow them to play market maker and sell off their coins slowly distributed across exchanges and OTC, causing them to depress prices. No, the OTC market probably does not at all affect what we (do not) see on exchanges. What could go wrong? True, except for the big discount part. Ha, there will be multiple bidders. Meanwhile the same economics goes for all the funds coming on board. Most of the coins will be bought off exchange further limiting the supply available on exchanges. So Mr. Sold My Bitcoins Below $125, what could go possibly go higher? Who is this "Mr. Sold My Bitcoins Below $125"?  Are you projecting your frustration at me? It sure feels that way. Who knows what will go higher? It depends on the timeframe also. My point is, we have seen the opposite for the past months, so be ready if it works the other way now. |
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MURICA |
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Ignore it, just like China in the beginning. Actually, try spin it into good news. If the FBI sells Bitcoins, then that probably means it's a currency now. Don't forget to do this, now is the opportunity for that. I'm sure that whoever buys coins off the FBI would never have bought Bitcoins otherwise and so demand that would otherwise be there will be missing. I am also sure that certainly, the buyer(s) won't get a big discount on the market price that would allow them to play market maker and sell off their coins slowly distributed across exchanges and OTC, causing them to depress prices. No, the OTC market probably does not at all affect what we (do not) see on exchanges. What could go wrong? |
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Bitcoin cultists are indeed always good for a laugh. I guess Bitcoin has lost its fungibility now. Time to pack up. |
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Blitz, buttheart since summer 2013  I'm a bull at times, but people never notice because it is drowned in a sea of madness. I was bullish @455, and I was bullish for the majority of the bubble. Go look it up. Good night, and 324. |
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Whoever is quoting Walsofucktard goes straight to my ignore list. Hello?
Agreed |
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Are you a FBI fanboy? Why are you making so much of this? Those coins, if they are sold, will be sold at auction. God, people are so dense sometimes.
Well, they got style. |
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Time to bookmark that address. Maybe set an alert. Unless they hand over the private keys, we can front run the FBI. Or, the FBI could fool us by inciting the selloff of the century by moving the coins. |
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Is it not ironic that our ideological anarchocapitalist hero succumbed his property to the state in exchange for his life, probably soon slaughtering many permapigs high on bitcrack with his actions?
Bow down to The Man! All your Bitcoins are belong to USA!
FTFY That's the joke, my friend. |
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Emptygox? |
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TechCrunch article appeared only an hour ago. Not all over Reddit yet.... Can't wait.
So, the only question is: How far will this drop? Single digits, cents or negative numbers? It will go to negative infinity, a debt to swallow the whole universe before it implodes. Nice knowing you guys. |
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Ignore it, just like China in the beginning. Actually, try spin it into good news. If the FBI sells Bitcoins, then that probably means it's a currency now. |
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Is it not ironic that our ideological anarchocapitalist hero succumbed his property to the state in exchange for his life, probably soon slaughtering many permapigs high on bitcrack with his actions?
Bow down to The Man! All your Bitcoins are belong to US!
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