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Author Topic: [2014-04-10] Bitcoin May Be Poised for a Major Comeback  (Read 1217 times)
LiteCoinGuy (OP)
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April 10, 2014, 11:41:21 PM
 #1

Bitcoin May Be Poised for a Major Comeback

http://cryptocrimson.com/2014/04/bitcoin-may-poised-major-wall-st-fueled-rebound/

Timo Y
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April 11, 2014, 07:37:35 AM
 #2

come back from where? from a toilet break?

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bryant.coleman
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April 11, 2014, 08:05:20 AM
 #3

I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).
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April 11, 2014, 08:12:56 AM
 #4

I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).

Yeah, key words 'may be' here. I'm sure there are plenty of entrepreneurs who may be interested in investing in Bitcoin /related companies, but I'm also sure these price fluctuations will scare most of them off.

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Bit_Happy
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April 11, 2014, 08:16:53 AM
 #5

I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).

I will not bother to read it then.
Thanks for the summary/warning.

Bitcoin May Be Poised for a Major Comeback...Buy Now!

BitOnyx
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April 11, 2014, 10:44:00 AM
 #6

It is speculation. There is like no facts over there.

BitCoinDream
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April 11, 2014, 10:46:14 AM
 #7


Nowhere to comeback. From last year's price on this date, we have 44% rise. No FD gives you this return.

Equate
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April 11, 2014, 10:51:58 AM
 #8

It will take some time till it come back.
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April 11, 2014, 11:17:42 AM
 #9

There's usually quite a stable flat period before confidence comes back and it's also likely to be on the heels of a big news event (ie. a major company adopting it). I think a lot of investors are already burnt at this price level.
LiteCoinGuy (OP)
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April 11, 2014, 11:38:20 AM
 #10

come back from where? from a toilet break?

think so too  Cheesy

bryant.coleman
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April 11, 2014, 11:39:12 AM
 #11

It is speculation. There is like no facts over there.

Yes. 100% speculation. They are saying that there are at least 10 new hedge funds launching with $50 million assets soon. But what this has to do with Bitcoin? We don't even know whether any of them are really interested in crypto.
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April 11, 2014, 04:40:47 PM
 #12

When did it leave?

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Bit_Happy
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April 11, 2014, 07:41:22 PM
 #13

It is speculation. There is like no facts over there.

Yes. 100% speculation. They are saying that there are at least 10 new hedge funds launching with $50 million assets soon. But what this has to do with Bitcoin? We don't even know whether any of them are really interested in crypto.

If 10 new hedge funds succeed that would be huge for BTC.
Bullish speculation is a nice change of pace compared to recent history.

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April 11, 2014, 08:02:12 PM
 #14


Nowhere to comeback. From last year's price on this date, we have 44% rise. No FD gives you this return.

This.
PatMan
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April 11, 2014, 10:38:19 PM
 #15

Like it ever went away........ Roll Eyes

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bryant.coleman
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April 12, 2014, 04:07:08 AM
 #16

If 10 new hedge funds succeed that would be huge for BTC.
Bullish speculation is a nice change of pace compared to recent history.

The problem is that none of those hedge funds have anything to do with Bitcoin. The author is just speculating that some of the hedge fund owners might become interested in Bitcoin, and add it to their portfolio.
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April 13, 2014, 09:26:10 AM
 #17

may be....hehe

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