disclaimer201
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January 22, 2016, 08:44:49 AM |
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Strongly disagree. Until the blocksize war has been settled and with all that insecurity in the market, the Chinese pools deciding over the future of Bitcoin the outlook for Bitcoin couldn't be any more conservative or even bearish than today. I would love to see the price go up, but I wouldn't be surprised if the price was trending down for the next few months until Bitcoin's centralization and scalability issue has been resolved in a consensus. We are far from it. Today a little bit further away from it than even yesterday.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Lutzow
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January 22, 2016, 08:49:07 AM |
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Strongly disagree. Until the blocksize war has been settled and with all that insecurity in the market, the Chinese pools deciding over the future of Bitcoin the outlook for Bitcoin couldn't be any more conservative or even bearish than today. I would love to see the price go up, but I wouldn't be surprised if the price was trending down for the next few months until Bitcoin's centralization and scalability issue has been resolved in a consensus. We are far from it. Today a little bit further away from it than even yesterday.
Not to mention Sells orders are still greater then Buys, there's not much push yet to drive the price upwards. But let's see as we go towards the end of the work week. |
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RyanX
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fastdice.com The Worlds Fastest Bitcoin Dice
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January 23, 2016, 07:36:08 AM |
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Strongly disagree. Until the blocksize war has been settled and with all that insecurity in the market, the Chinese pools deciding over the future of Bitcoin the outlook for Bitcoin couldn't be any more conservative or even bearish than today. I would love to see the price go up, but I wouldn't be surprised if the price was trending down for the next few months until Bitcoin's centralization and scalability issue has been resolved in a consensus. We are far from it. Today a little bit further away from it than even yesterday.
The centralisation is not a problem. It is decided by market force. If the bitcoin chip design technology is higher in the US or Europe, miners will be built there. |
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QuintLeo
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January 23, 2016, 07:51:48 AM |
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Do keep in mind that there aren't a lot of fabs left in the US or Europe.
I'm not 100% sure but I would be supprised to find out that Taiwan does NOT have more fab capasity than any other country, and it wouldn't shock me if they have more fab capasity than the next 3 countries combined.
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I'm no longer legendary just in my own mind!
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The Sceptical Chymist
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Cashback 15%
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January 23, 2016, 10:30:26 PM |
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Just wanted to chime in again and say that I'm still buying. Slowly, a little at a time. It's kinda neat that you can buy bitcoin any time of day or night. It's very much like a stock to me, but you can't buy stocks in the middle of the night smoking a cigarette on the toilet. Not talking about myself necessarily, but you get the point.
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phreaky
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January 23, 2016, 10:32:03 PM |
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Just wanted to chime in again and say that I'm still buying. Slowly, a little at a time. It's kinda neat that you can buy bitcoin any time of day or night. It's very much like a stock to me, but you can't buy stocks in the middle of the night smoking a cigarette on the toilet. Not talking about myself necessarily, but you get the point.
I think the time is good to buy, but i expect the price to go lower. So also buying slot amounts and waitng for a big decline to buy more. |
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traderbit
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January 23, 2016, 10:33:37 PM |
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It's not a bad time to buy bitcoins, but not the ideal time, i think that the price will be increased in few months.
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helloeverybody
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January 23, 2016, 10:34:09 PM |
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If you watch the price too much then its hard to decide on when a good time actually is, Just buy a little every week or every month and forget about what the current price is. Hopefully the law of averages will keep you right.
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quadriple7
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January 23, 2016, 10:55:08 PM |
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it might be the right time to buy your bitcoins but the price is falling right now and no one knows how much more it will fall so i guess its a little bit risky thing to do
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2legit2
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January 23, 2016, 11:44:13 PM |
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it is buy time for me either, i will top up my bitcoins when the price will drop and wait for increases again, in this way i will make some free money out of just buying and then selling my bitcoins
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Harmonica
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January 24, 2016, 12:11:27 AM |
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If you buy now, prepare to lose some money.
It will be going down in value for a while.
You have been warned.
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romero121
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Activity: 3164
Merit: 1213
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January 24, 2016, 03:36:04 AM |
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If you buy now, prepare to lose some money.
It will be going down in value for a while.
You have been warned.
Thats not fair. From my thought its surely the buy time because we can't get a lower price to buy bitcoins for trade or benefit less than the rate what it is over the past few days. |
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QuintLeo
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January 24, 2016, 03:40:58 AM |
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If you buy now, and hold 'till the halfing runup, you should be OK.
Just not likely to make AS MUCH as if you wait a couple months for the probable real bottom before the runup....
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
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HarHarHar9965
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January 24, 2016, 07:55:26 AM |
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It's not a bad time to buy bitcoins, but not the ideal time, i think that the price will be increased in few months.
It is exactly right time to buy bitcoin for buyers as well as members who are not much active but have plans to invest on bitcoin. Nowhere it is possible to get bitcoin in this price once the price of bitcoin starts increasing. Bitcoin can also be bought and sold within days to make large scale profits which is not possible with some other forms of trade |
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fearlesscat10
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January 24, 2016, 08:42:49 AM |
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It's not a bad time to buy bitcoins, but not the ideal time, i think that the price will be increased in few months.
Agreed. I hope that 2016 will be better for Bitcoin compared to 2014 and 2015. |
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Amph
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January 24, 2016, 08:43:02 AM |
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If you buy now, prepare to lose some money.
It will be going down in value for a while.
You have been warned.
still need to broke 350, tell me when that's happen, because i'm not believing any sub 350 at present price is stabilizing again and waiting for the next move, that will certain be up, i dunno if you noticed but the market tend to be upredictable on purpose, it seems like "they"(manipulators) don't want that we know where they are heading... |
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cooldgamer
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We are the champions of the night
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January 24, 2016, 09:35:20 AM |
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Somebody certainly thinks it's buy time right now. Up $10 in a matter of minutes... looks like a bull trap to me, but who knows with this bipolar market.
Edit: we're officially above 400. Haven't broken out of the downtrend yet, but this could be the spark that changes it
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1Referee
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Merit: 1427
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January 24, 2016, 09:43:28 AM |
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Somebody certainly thinks it's buy time right now. Up $10 in a matter of minutes... looks like a bull trap to me, but who knows with this bipolar market.
Edit: we're officially above 400. Haven't broken out of the downtrend yet, but this could be the spark that changes it
Buy time was when it went below $370 some time ago. Right now it's just holding time or sell time for the day traders. I am not really impressed by this small bump in the price. |
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tokeweed
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Life, Love and Laughter...
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January 24, 2016, 09:47:01 AM |
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Chinese whales: Chong chang ching, chong chang.
Translation: If we hit the breaks, they'll fly right by.
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BitHodler
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Merit: 1179
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January 24, 2016, 10:16:20 AM |
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Chinese whales: Chong chang ching, chong chang.
Translation: If we hit the breaks, they'll fly right by.
If I remember right, were you not very negative about Bitcoin not long ago? Why the sudden shift from direction? |
BSV is not the real Bcash. Bcash is the real Bcash.
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