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Author Topic: Reality is sinking in... We may not see $1200 again. Not in 10(?) years.  (Read 2804 times)
vvv8
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April 19, 2015, 12:45:30 AM
 #21

OP needs to smoke more weed and educate himself better, seems like he's failing ATM tho
knight22
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April 19, 2015, 12:53:37 AM
 #22

If Willy was responsible for the latest surge then Billy the bot will bring us to 10K  Roll Eyes

uhoh
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April 19, 2015, 01:15:56 AM
 #23

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.
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April 19, 2015, 01:34:48 AM
 #24

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.

Within the next ten years I expect a similar, binary, outcome.

All or nothing.

"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
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April 19, 2015, 02:42:50 AM
 #25

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.

Within the next ten years I expect a similar, binary, outcome.

All or nothing.

bitcoin will be valuable only if status quo changes for whatever reason.

example-cash in the bank is just another bank liability that has to be reconciled with other positions.
Deposits are now a part of banks capital structure.
http://www.huffingtonpost.com/ellen-brown/new-g20-bailin-rules-now-_b_6244394.html

On the other hand, bitcoin has no liabilities (at least for now), hence it could become valuable if someone would prefer such assets.
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April 19, 2015, 02:43:34 AM
 #26

So the global fiat money system is fine and we can all go back to bed? $10 Billion is nothing as far as global currency is concerned. The last bubble overshot, and the next one will too, but overall we're going up until a universally better crypto comes along or we hit the market cap of a medium sized country.

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April 19, 2015, 02:45:47 AM
 #27

On the other hand, bitcoin has no liabilities (at least for now), hence it could become valuable if someone would prefer such assets.
I prefer such assets Smiley

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April 19, 2015, 02:50:08 AM
 #28

Just watch what happens to this sub-forum once the rally finally gets started.
"Bitcoin going to $100,000 each!!!" threads will be all over the place.  Smiley

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April 19, 2015, 07:25:33 AM
 #29

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.

what about the price will remain the same, but the adoption will be huge, and we reach mainstream status anyway?
randy8777
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April 19, 2015, 07:53:05 AM
 #30

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.

what about the price will remain the same, but the adoption will be huge, and we reach mainstream status anyway?

price will go up as there will be high demand for btc. you need to buy it first to spend it. and let's say 50% of the people will hold a few coins as investment.
bornil267645
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April 19, 2015, 10:54:06 AM
 #31

No need to head that high, considering the current market price. Just take it step by step or in this case, by 100 would be so much better. But too much price surge will hang the volatile label on BTC for good.

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April 19, 2015, 03:05:49 PM
 #32

It's the same as it has always been

Within 10 years it will either be:

1. A fuck-tonne
2. Nothing.

what about the price will remain the same, but the adoption will be huge, and we reach mainstream status anyway?

Does not compute
tokeweed (OP)
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April 19, 2015, 03:40:42 PM
 #33



The late 2013 surge was caused by a bot called Willy.

https://willyreport.wordpress.com

Another investigation on Willy and price manipulation...  http://blog.wizsec.jp/2015/02/mtgox-investigation-release.html

R


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thejaytiesto
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April 19, 2015, 04:51:43 PM
 #34



The late 2013 surge was caused by a bot called Willy.

https://willyreport.wordpress.com
10 years to collect cheap ass BTC before the next rally goes x10 ATH, seems like a good plan to me and anyone that has a good understanding of what is going on.
tokeweed (OP)
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April 19, 2015, 05:15:30 PM
 #35



The late 2013 surge was caused by a bot called Willy.

https://willyreport.wordpress.com
10 years to collect cheap ass BTC before the next rally goes x10 ATH, seems like a good plan to me and anyone that has a good understanding of what is going on.

Good thinking...  So it's in our best interest for BTC to go to double digits then.

R


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LLBIT|
4,000+ GAMES
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April 19, 2015, 06:34:17 PM
 #36



The late 2013 surge was caused by a bot called Willy.

https://willyreport.wordpress.com
10 years to collect cheap ass BTC before the next rally goes x10 ATH, seems like a good plan to me and anyone that has a good understanding of what is going on.

Good thinking...  So it's in our best interest for BTC to go to double digits then.
Laugh out loud, you're dreaming if you think there's a shot for double digits again. The mid 1xx ranges will see a fury of buying like never before seen, if that level even happens.
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April 19, 2015, 07:37:10 PM
 #37



The late 2013 surge was caused by a bot called Willy.

https://willyreport.wordpress.com
10 years to collect cheap ass BTC before the next rally goes x10 ATH, seems like a good plan to me and anyone that has a good understanding of what is going on.

Good thinking...  So it's in our best interest for BTC to go to double digits then.

I don't really care. If you are aware of were the world is going, you know that in the end Bitcoin will be recognized as something extremely revolutionizing and useful all over the world. This just started, and at the very beginnings of revolutionary technology the 99% don't know how to deal with it. Worrying about the price right now is mental masturbation, what matters is the technology, just like the internet was a mess at the begining, but if you aren't an idiot you could see the potential early on.
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April 19, 2015, 09:44:47 PM
 #38

Ok, so let's fire up another bot then and go for 10k   Grin
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April 20, 2015, 12:28:15 AM
 #39

No need to head that high, considering the current market price. Just take it step by step or in this case, by 100 would be so much better. But too much price surge will hang the volatile label on BTC for good.

Yup, a steady bull run is preferable to a sudden surge.
I am waiting for the halving of the block reward to serve as a catalyst.
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April 20, 2015, 03:42:25 AM
 #40

As long as the top 1% hold 99.999% of the bitcoins in existence, we will never see $1200. When only the elites, the early adopters and whales, hold the coins, there is no utility to the coins. Just let the coins die. Bitcoin has become millionaire's toy. Even now, they are manipulating the prices, taking coins from the ignorant masses is just like taking candy from a baby.
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