rjclarke2000
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Activity: 1358
Merit: 1016
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October 25, 2015, 11:00:14 PM |
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We’ll see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, It’s happened four times and it will happen again.
Bitcoin's 'history' has been shat all over in the last couple of years. Anyone basing decisions on what it did in the past is a silly sausage considering how different things are now and how rapidly things can change. All this stuff is still being made up as it goes along. I agree with mr gentlemand here. I am on here all the time in speculation and I read pretty much everything. 2 things I've learned in the last 2 years. Bulls have no clue on the future Bears have no clue on the future But, speculating is fun. |
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Erkallys
Legendary
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Activity: 1120
Merit: 1004
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October 25, 2015, 11:17:57 PM |
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We’ll see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, It’s happened four times and it will happen again.
Bitcoin's 'history' has been shat all over in the last couple of years. Anyone basing decisions on what it did in the past is a silly sausage considering how different things are now and how rapidly things can change. All this stuff is still being made up as it goes along. I agree with mr gentlemand here. I am on here all the time in speculation and I read pretty much everything. 2 things I've learned in the last 2 years. Bulls have no clue on the future Bears have no clue on the future But, speculating is fun. Could someone explain me why everyone is talking about bulls and bears ? I've already heard about whales but since yesterday morning I see these two everywhere ! What's next, the monkey ? Let's open a Bitcoin zoo  ! |
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Fatov
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October 25, 2015, 11:20:01 PM |
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We’ll see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, It’s happened four times and it will happen again.
Bitcoin's 'history' has been shat all over in the last couple of years. Anyone basing decisions on what it did in the past is a silly sausage considering how different things are now and how rapidly things can change. All this stuff is still being made up as it goes along. I agree with mr gentlemand here. I am on here all the time in speculation and I read pretty much everything. 2 things I've learned in the last 2 years. Bulls have no clue on the future Bears have no clue on the future But, speculating is fun. Could someone explain me why everyone is talking about bulls and bears ? I've already heard about whales but since yesterday morning I see these two everywhere ! What's next, the monkey ? Let's open a Bitcoin zoo ! The Bulls
A bull market is when everything in the economy is great, people are finding jobs, gross domestic product (GDP) is growing, and stocks are rising. Things are just plain rosy! Picking stocks during a bull market is easier because everything is going up. Bull markets cannot last forever though, and sometimes they can lead to dangerous situations if stocks become overvalued. If a person is optimistic and believes that stocks will go up, he or she is called a "bull" and is said to have a "bullish outlook".
The Bears
A bear market is when the economy is bad, recession is looming and stock prices are falling. Bear markets make it tough for investors to pick profitable stocks. One solution to this is to make money when stocks are falling using a technique called short selling. Another strategy is to wait on the sidelines until you feel that the bear market is nearing its end, only starting to buy in anticipation of a bull market. If a person is pessimistic, believing that stocks are going to drop, he or she is called a "bear" and said to have a "bearish outlook".
The Other Animals on the Farm - Chickens and Pigs
Chickens are afraid to lose anything. Their fear overrides their need to make profits and so they turn only to money-market securities or get out of the markets entirely. While it's true that you should never invest in something over which you lose sleep, you are also guaranteed never to see any return if you avoid the market completely and never take any risk,
Pigs are high-risk investors looking for the one big score in a short period of time. Pigs buy on hot tips and invest in companies without doing their due diligence. They get impatient, greedy, and emotional about their investments, and they are drawn to high-risk securities without putting in the proper time or money to learn about these investment vehicles. Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits.  http://www.investopedia.com/university/stocks/stocks7.asp |
Fatov was here▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬For private, fast and secure transactions DASH is King | Dashtalk
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Erkallys
Legendary
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Activity: 1120
Merit: 1004
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October 26, 2015, 01:20:24 PM |
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We’ll see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, It’s happened four times and it will happen again.
Bitcoin's 'history' has been shat all over in the last couple of years. Anyone basing decisions on what it did in the past is a silly sausage considering how different things are now and how rapidly things can change. All this stuff is still being made up as it goes along. I agree with mr gentlemand here. I am on here all the time in speculation and I read pretty much everything. 2 things I've learned in the last 2 years. Bulls have no clue on the future Bears have no clue on the future But, speculating is fun. Could someone explain me why everyone is talking about bulls and bears ? I've already heard about whales but since yesterday morning I see these two everywhere ! What's next, the monkey ? Let's open a Bitcoin zoo ! The Bulls
A bull market is when everything in the economy is great, people are finding jobs, gross domestic product (GDP) is growing, and stocks are rising. Things are just plain rosy! Picking stocks during a bull market is easier because everything is going up. Bull markets cannot last forever though, and sometimes they can lead to dangerous situations if stocks become overvalued. If a person is optimistic and believes that stocks will go up, he or she is called a "bull" and is said to have a "bullish outlook".
The Bears
A bear market is when the economy is bad, recession is looming and stock prices are falling. Bear markets make it tough for investors to pick profitable stocks. One solution to this is to make money when stocks are falling using a technique called short selling. Another strategy is to wait on the sidelines until you feel that the bear market is nearing its end, only starting to buy in anticipation of a bull market. If a person is pessimistic, believing that stocks are going to drop, he or she is called a "bear" and said to have a "bearish outlook".
The Other Animals on the Farm - Chickens and Pigs
Chickens are afraid to lose anything. Their fear overrides their need to make profits and so they turn only to money-market securities or get out of the markets entirely. While it's true that you should never invest in something over which you lose sleep, you are also guaranteed never to see any return if you avoid the market completely and never take any risk,
Pigs are high-risk investors looking for the one big score in a short period of time. Pigs buy on hot tips and invest in companies without doing their due diligence. They get impatient, greedy, and emotional about their investments, and they are drawn to high-risk securities without putting in the proper time or money to learn about these investment vehicles. Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits. http://www.investopedia.com/university/stocks/stocks7.aspI'd say that in crypto-currencies trading we have all of those animals  . I've went for a few minutes on this site, and it seems interesting. Thank you for sharing it to us ! |
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Nahl
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Activity: 1652
Merit: 1000
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October 26, 2015, 02:03:42 PM |
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I see it ran by a bank, What do you think?
i wish this would happened in the next 10 years and the government in my country legally formalize bitcoin as legal payment tool |
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Sefton
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Activity: 65
Merit: 10
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October 26, 2015, 02:08:23 PM |
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Didn't satoshi himself say something along the lines of that bitcoin would either be mass adopted or bust within ten years? I think the same really though unless something else comes along even if the mainstream doesn't fully adopt bitcoin it will still have its use as an alternative or on the black market etc.
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yolalanda
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Activity: 56
Merit: 0
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October 26, 2015, 02:09:31 PM |
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I see it ran by a bank, What do you think?
i wish this would happened in the next 10 years and the government in my country legally formalize bitcoin as legal payment tool Hope you're not from Russia  |
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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October 26, 2015, 02:42:15 PM |
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Didn't satoshi himself say something along the lines of that bitcoin would either be mass adopted or bust within ten years?
He gave it twenty years. That's a more sensible time frame. I think we'll have a pretty strong idea which way it's headed long before then. |
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2legit2
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October 26, 2015, 03:54:53 PM |
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every country will accept it and you will be able to buy things in shops with it
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Dilla
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October 26, 2015, 04:25:14 PM |
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aphku? Jeez at least mix up your posts to hide your other identity. |
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Erkallys
Legendary
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Activity: 1120
Merit: 1004
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October 26, 2015, 06:03:19 PM |
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Didn't satoshi himself say something along the lines of that bitcoin would either be mass adopted or bust within ten years?
He gave it twenty years. That's a more sensible time frame. I think we'll have a pretty strong idea which way it's headed long before then. He gave it twenty years before it collapse ? Consireding that we're already at the 6th year and soon at the 7th, this is not a good info  ... I hope he was wrong ! |
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Fat Ronaldo
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Activity: 64
Merit: 10
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October 26, 2015, 06:17:10 PM |
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Didn't satoshi himself say something along the lines of that bitcoin would either be mass adopted or bust within ten years?
He gave it twenty years. That's a more sensible time frame. I think we'll have a pretty strong idea which way it's headed long before then. He gave it twenty years before it collapse ? Consireding that we're already at the 6th year and soon at the 7th, this is not a good info ... I hope he was wrong ! No he said it will be either a big sucess or bust but that was just his speculation and his is as good as anybody elses as nobody is a fortune teller. Personally I have no idea where it'll be in one or two years never mind ten or 20 but that's part of the fun. |
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Slark
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October 26, 2015, 06:54:10 PM |
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10 years is too much time. We can't predict how computers will evolve during that time. Bitcoin can change so dramatically it either will evolve or be replaced by something different.
I personally would like to think that bitcoin will be leading cryptocurrency in 10 years and we will be using it the same way we are using FIAT now.
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Sarahiko
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October 26, 2015, 06:59:11 PM |
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10 years is long time, either we will see bitcoin being used same way we use fiat now or it may completely disappear it, all depends on how investors and users take this but for next 1 year bitcoin will have bright future like it had in 2013
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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October 26, 2015, 07:05:19 PM |
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10 years is too much time. We can't predict how computers will evolve during that time. Bitcoin can change so dramatically it either will evolve or be replaced by something different.
I personally would like to think that bitcoin will be leading cryptocurrency in 10 years and we will be using it the same way we are using FIAT now.
Computing is a sideline. It's education, desire and compelling use cases that'll drive things. The greatest tech on the planet won't go anywhere unless people decide it can enhance their lives. That's the real grind that lies ahead. |
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Erkallys
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October 26, 2015, 10:33:28 PM |
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10 years is long time, either we will see bitcoin being used same way we use fiat now or it may completely disappear it, all depends on how investors and users take this but for next 1 year bitcoin will have bright future like it had in 2013
I'm thinking the same thing as you. With the block halving, it has many chances to be a good year ! I'd love that the Bitcoin price go back to 1000$ ! That would be so awesome ! |
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bitmarket.net
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October 26, 2015, 10:38:42 PM |
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Predictions are very hard, especially about the future |
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Hellacopter
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October 26, 2015, 11:18:49 PM |
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Predictions are very hard, especially about the future It's already hard to predict the future of course but we can expect shiny future for Bitcoin, based on its current success till now at least..as we can easily notice it's growing up daily and i think the prices will be stable in the near future |
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