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Author Topic: Bitcoin will be exciting again!  (Read 2623 times)
roslinpl
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March 15, 2014, 08:08:37 PM
 #21

The situation in Ukraine and Crimea is deteriorating quickly. It's possible we will see a similar situation like Cyprus, although the price action may not be similar.

Cyprus? You know that people buying bitcoin in Cyprus last year during the crisis was a myth , right?


well indeed. And perhaps they should feel sorry that they didn't Wink

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zerk89
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March 17, 2014, 03:38:31 PM
 #22

July
roslinpl
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March 17, 2014, 09:06:53 PM
 #23

July

and why july? Smiley

do you have any informations that might be interesting in this case? Smiley

regards!

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niothor
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March 18, 2014, 04:27:30 AM
 #24

The situation in Ukraine and Crimea is deteriorating quickly. It's possible we will see a similar situation like Cyprus, although the price action may not be similar.

Cyprus? You know that people buying bitcoin in Cyprus last year during the crisis was a myth , right?


Yes it was "already in-game players"  who caused the price rise due to that event .
So why would it be different with a bigger crisis looming ahead: Economic sanctions against russia .This would have major economic and political repercussions worldwide.  

I just don't think that people will buy the story once again.
The china hyped turned against us , the April bubble could have burst with bitcoin at 5$ if gox hadn't turned the trades off.
Nothing good is coming out of those mad man bull runs.

Besides , with all the repercussions , I doubt people will think about bitcoins , more about their job and family.


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Bit_Happy (OP)
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March 18, 2014, 07:09:34 AM
 #25

The situation in Ukraine and Crimea is deteriorating quickly. It's possible we will see a similar situation like Cyprus, although the price action may not be similar.

Cyprus? You know that people buying bitcoin in Cyprus last year during the crisis was a myth , right?


Yes it was "already in-game players"  who caused the price rise due to that event .
So why would it be different with a bigger crisis looming ahead: Economic sanctions against russia .This would have major economic and political repercussions worldwide.  

I just don't think that people will buy the story once again.
The china hyped turned against us , the April bubble could have burst with bitcoin at 5$ if gox hadn't turned the trades off.
Nothing good is coming out of those mad man bull runs.

Besides , with all the repercussions , I doubt people will think about bitcoins , more about their job and family.


Markets go in cycles.

When the time is right (add a few weeks to make it harder for everyone)
When the time is right, it will take almost any "trivial" good news (combined with the Winkle Twins fund, other VC projects, the weak Dollar, etc), and the market will start to move.
  • If you have a "clear breakout" on the charts, combined with the strong fundamentals, then BTC will fly again.
  • The next time it flies, you will be amazed.  Cheesy

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March 18, 2014, 07:18:41 AM
 #26

Bitcoin, because of change of mining difficulty according to number of miners, even if it lose interest, still some people will mine and trade it for growing benefits. Price is not the best right now but growth of transaction is steady and bitcoin is in media almost every day. I guess it is good and exciting in some way.

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