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781
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Economy / Speculation / Re: Not to spread FUD or anything, but here's some food for thought
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on: September 23, 2014, 11:50:54 AM
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OMG. Imagine what will happen when they dump bitcoins mined for seven consecutive days. And what if they dump all the mined for a whole month?!
Oh no! We are going to $0! Panic mode ON!
I did read your story, and it is really sad what Banks did to you... but with this attitude you will be losing money again but this time it will be because of Bitcoin...go figure. |
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783
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Economy / Speculation / Bitcoin's bubble bursting and some speculators leaving
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on: September 23, 2014, 10:10:25 AM
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Over the time I saw so many people cash out and move on with their lives or just lose interest, I saw many who lost a good amount of money and I saw few who made huge profits.... this forum is losing its traffic and even existing members are contributing less than before or already quit the forum, everything point to this cycle happening again, which imply to Bitcoin's price last year being a real bubble, at least this is how a bubble exactly looks like. even the Google trend is bearish, the search for Bitcoin is going down to pre-2013 bubble  I don't think Bitcoin is finished but I think we stepped to the mainstream that everyone was asking for, and a 100x a year wont really happen again, so assuming that Bitcoin will not be taken by something better or by a technical issue and assuming that using it will become easier and more secure, there will be a healthy and constant growth in the future (once we reach the bottom which is still far). right now, everything points that Bitcoin's fundamentals are still working, and the transaction chart points that existing holders started using their bitcoins more than before, one explanation is that there is more and more places to spend your bitcoins at, and the the bearish market makes people want to spend their coins more than hoard them hoping they will be worth more in the short term.  |
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784
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 23, 2014, 07:53:54 AM
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Address: 1Nz24Uvi7CVxKauY8tH95csES1QitEezDU Message: *bling bling* Signature: HO5RBo93lSzVBiiFC/OAxB0odA6a4ojCSlrJpKKcihXqfZPW8Clj59Sw7+LIeFHfInouNzXrM2bExVjqOweJinM=  just figured out how to do this...  if i write my will and sign it with a bitcoin is it legal? LMAO a legendary member just found about how to sign a message !!!? well you are doing too much speculation... no wonder the price went to $1200, just too many guys like you. |
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785
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 22, 2014, 09:35:07 PM
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Let me guess: They invested in crypto and now they are trying to pump it  I have read somewhere in this forum that the Bitstamp owners are the richest people in Slovenia. Is that true (or somewhat close to the truth)? the richest people in their twenties (Nejc the CEO and founder is barley 26 years old)but certainly not the richest people in Slovenia... |
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786
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 22, 2014, 12:32:14 PM
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Now that bitcoin is dead what the fuck am I going to do all day?
Sadly, go back to what you did before Bitcoin.... in my case it would be really hard now that I've learned many things about this shitty economy, it will be so hard for me dealing with the fact that I will not be paid what I deserve when making a shitload of money for someone else.... it is hard these days to get paid a salary you deserve, except if you run a business your self. Edit: and Bitcoin is not dead and I don't think it will be dead anytime soon, it is just about to start doing what is suppose to do. |
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791
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 21, 2014, 05:43:09 PM
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I agree that fundamentals are strong.
But the technicals are very bad and even if fundamentals remain strong, prices can go down a lot more
This. The market price appears to be have been dictated much more by speculative demand than fundamentals for a long time now. It's entirely possible we're still far, far above any price supportable by non-speculative use. In that case the fundamentals are catching up to investor expectations, but may be lagging significantly behind. TL;DR: Bitcoin appears to be doing fine. That doesn't tell us much about what the expected price of BTC should be. Exactly what I was thinking about, but it really takes time to come to that conclusion... |
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792
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Other / Archival / Re: delete
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on: September 21, 2014, 08:53:43 AM
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Watching many of the familiar hero members behind this that were involved in so many alts before, makes XMR seems as a pump and dump ALT after all..... I am amazed on they are jumping on every new shitcoin... I guess this tells allot about their intentions and about the whole XMR scene. I knew since the beginning that this coin is nothing special after taking a look at what it offers but when I saw Risto and many hero involved with it I knew that this was a big pump and dump attempt a huge ponzi....this is why Bitcoin and most alts wont succeed...because of crack heads and scumbags like these... making a ponzi schemes looks legit, but hey, don't think you are too safe because most of you will pay hard for scamming people into ponzi investments like this guy |
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794
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Economy / Speculation / Re: Bitcoin price cannot fall infinitely
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on: September 19, 2014, 02:47:38 PM
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Miners ? what about the other 12 million Bitcoin ? if only 5% of that 12 million hit these thin book orders of today's exchanges...Bitcoin will not hold $100 and not $400
you sold everything right? it's normal to react in this way, when you are not attached to your thing again It's actually Investing 101 lesson that you should not have an emotional attachment to your investment who said that was emotional? I am not attached to this investment or any other investment, I try to be as objective as possible... and this didnt fail me, the only time I lost money was when I listened to perma-bulls or perma-bears, you have to find a healthy balance and more objectivity. |
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799
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 19, 2014, 12:14:30 PM
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People complain about bulls/hodlers as being greedy and delusional. Well now its the bears turn to be greedy and short-sighted.
Instead of FOMO fueling a bull market, we have here ROMO (regret of missing out) cheering this bear market. We have all the people who were mad they missed out on the price rises the past years.
The early adopter Hero Members, Legendaries, and even some Moderators who sold way too early and are butthurt that these newbies could come in and make all this money, when the newbs haven't even been here as long as them. Then the other group of late arrivers who never had the chance to purchase sub $300 coins. They complain about distribution of coins and how unfair that is to them, and love the trolls who are just here to bash Bitcoin.
The bears are banking on it reaching "their" price, the price they feel they deserve to buy at, and then, only then will the price rebound and the moon is allowed to happen. They cling to the TA that tells them the price "must" go down because CAPITALIZATION and COILED SPRING, just as much as the bulls cling to their exponential price curves.
The bears think the price will rebound because it has too, that is what is supposed to happen. Never once contemplating maybe if the price actually reaches their perfect bid, Bitcoin would be irrevocably harmed, to the point that no one gives a damn, and no one wins.
This too shall pass. Maybe Bitcoin is stronger than all this and the bears will get their prices and then everyone will be a bull and $100000 coins are here by December.
Yep that's whats going to happen, right bears?
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800
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 19, 2014, 12:00:12 PM
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Feels so obvious that this is a buying point that probably the opposite will happen
you are too invested to decide whether is it a buying point or not, I see that you are emotionally attached to your investment, a best move would be to lower your risk if you are not at a loss yet, but if you are then accept the consequences and hope for a fast recovery. |
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