Fakhoury (OP)
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June 16, 2016, 07:13:03 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 07:56:59 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 07:59:26 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 08:01:07 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Bavaria
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June 16, 2016, 08:01:42 PM |
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Bitparty goes on Fakhoury!
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Fakhoury (OP)
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June 16, 2016, 08:02:12 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 08:03:47 PM |
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Bitparty goes on Fakhoury!
My dear friend, here is a message for you
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 08:05:10 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 08:05:57 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Ahab_Hunter_of_BearWhale
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June 16, 2016, 08:07:01 PM |
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Bitcoin's heading to the moon alright, although I think every bodies going to be surprised at just which moon it reaches - hint it may not be orbiting this planet or even be in this solar system, that's how far the rocket has yet to go
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Fakhoury (OP)
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June 16, 2016, 08:07:33 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 08:08:35 PM |
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Bitcoin's heading to the moon alright, although I think every bodies going to be surprised at just which moon it reaches - hint it may not be orbiting this this planet or even be in this solar system This is it Gentlemen, the kind of optimism we need
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Ahab_Hunter_of_BearWhale
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June 16, 2016, 08:30:10 PM |
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This is correct in my view. People are predicting 1000 to 2000, but the thing is once btc passes previous high's of around 1000-1200 mainstream media will have to start covering it. Mainstream media is dumb, and they love to misinform the public, but even they hate to look dumb after the fact, so often they scramble to report on history as if it is news. Most people have heard about bitcoin since the last rise, and they've had a few years to put it in the back of their mind as an illegal tool for buying drugs or supporting crime, this is how it was for the early internet. However change occurs at a much more rapid pace now than it did in the 1990's and is accelerating. You see the rate of adoption of new tech is speeding up, going from 0 racing up to 100% at steeper rates - meaning it takes less time for technology to gain full market penetration. Oh my! Bitcoins market penetration and use cases are at the Internets 1992 level. It's not going to take 8 years to reach 2000's level, more like a couple years max. People are going to start abandoning their national currencies. The sheep are going to kick the wolves that are the nasty financial elite pulling the strings of governments and their central banks in the teeth. Though they thought that the control of money was ownership, they will be proven wrong. They thought if they could fool us into thinking they own and control money, money that at it's base is a function of the market, and is an information transfer mechanism for value created by The People, who's value is supported by the people, those same people - us slaving in society - for those who then inflate, turn us into indentured debt slaves and have the gall to charge us interest for the work we do because they can print funny money that isn't fit to be toilet paper!
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 16, 2016, 09:01:10 PM |
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Yeah, a mainstream article (Reuters) makes some interesting points that could introduce lay persons to the concept of bitcoin or at least remind them about such a thing. They do seems to get part of it wrong in their attempt to suggest that the demand for bitcoin is largely coming from china based on some 95% assertion.... laughable assertion, but part of mainstream analysis in getting some details wrong.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Fakhoury (OP)
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Activity: 1386
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Permabull Bitcoin Investor
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June 16, 2016, 09:08:26 PM |
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This is correct in my view. People are predicting 1000 to 2000, but the thing is once btc passes previous high's of around 1000-1200 mainstream media will have to start covering it. Mainstream media is dumb, and they love to misinform the public, but even they hate to look dumb after the fact, so often they scramble to report on history as if it is news. Most people have heard about bitcoin since the last rise, and they've had a few years to put it in the back of their mind as an illegal tool for buying drugs or supporting crime, this is how it was for the early internet. However change occurs at a much more rapid pace now than it did in the 1990's and is accelerating. You see the rate of adoption of new tech is speeding up, going from 0 racing up to 100% at steeper rates - meaning it takes less time for technology to gain full market penetration. Oh my! Bitcoins market penetration and use cases are at the Internets 1992 level. It's not going to take 8 years to reach 2000's level, more like a couple years max. People are going to start abandoning their national currencies. The sheep are going to kick the wolves that are the nasty financial elite pulling the strings of governments and their central banks in the teeth. Though they thought that the control of money was ownership, they will be proven wrong. They thought if they could fool us into thinking they own and control money, money that at it's base is a function of the market, and is an information transfer mechanism for value created by The People, who's value is supported by the people, those same people - us slaving in society - for those who then inflate, turn us into indentured debt slaves and have the gall to charge us interest for the work we do because they can print funny money that isn't fit to be toilet paper! I respect how you view where we are heading, actually I found all what you said is right and correct. Sooner or later people will kick themselves for not being ALL IN. Believe me, I'm nearly crying everyday because my father owns me like $10K and I won't be getting them anytime soon, maybe within year or two. I'm extremely careful with every penny I've, as I save them and convert them to Bitcoins. Most probably, before 2020, we will witness the most gigantic in the entire man history ever of wealth migration to Bitcoin. Everything is changing around of us, and as Gates said, people over estimate anything in it's 2 years and underestimate it in it's 10 years.
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 09:09:50 PM |
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Yeah, a mainstream article (Reuters) makes some interesting points that could introduce lay persons to the concept of bitcoin or at least remind them about such a thing. They do seems to get part of it wrong in their attempt to suggest that the demand for bitcoin is largely coming from china based on some 95% assertion.... laughable assertion, but part of mainstream analysis in getting some details wrong. Actually this rally, most of it, coming from US because of the Feds non-raised interest rates. But whatever, it's Reuters
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 09:10:58 PM |
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Publicly traded fund GBTC currently trades at over $1,360 per BTC -- Effectively creating a new all time high price for bitcoin
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 09:13:31 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 09:15:00 PM |
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Promoting Bitcoin downtown Montreal during the F1 Grand Prix of Canada
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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June 16, 2016, 09:15:40 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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