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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 631743 times)
BitBear2
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November 13, 2014, 12:32:56 AM
 #2221

I love this thread.

Its my favorite on this website.

But why is it even being bumped right now?

There must be a whole bunch of people who hopped on board in 2013 and 2014 that got in at 290-450 and are excited by this.

Those of us who saw $60 and then $1000 feeel suuuuuuuuuuper bored right now still lol

-B-

I am  def waiting for the next spike in the price. I am tired of this 300-400 margin all summer  Undecided
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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fabiola!
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November 13, 2014, 01:45:24 AM
 #2222

I love this thread.

Its my favorite on this website.

But why is it even being bumped right now?

There must be a whole bunch of people who hopped on board in 2013 and 2014 that got in at 290-450 and are excited by this.

Those of us who saw $60 and then $1000 feeel suuuuuuuuuuper bored right now still lol

-B-

I am  def waiting for the next spike in the price. I am tired of this 300-400 margin all summer  Undecided

I think it could happen in the next few days, it's sort of showing all the right signs for a spike, but who knows.
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November 13, 2014, 03:18:25 AM
 #2223

I love this thread.

Its my favorite on this website.

But why is it even being bumped right now?

There must be a whole bunch of people who hopped on board in 2013 and 2014 that got in at 290-450 and are excited by this.

Those of us who saw $60 and then $1000 feeel suuuuuuuuuuper bored right now still lol

-B-

I am  def waiting for the next spike in the price. I am tired of this 300-400 margin all summer  Undecided

I think it could happen in the next few days, it's sort of showing all the right signs for a spike, but who knows.
The next 24 hours are critical. Wink

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
RobertDJ
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November 13, 2014, 04:41:31 AM
 #2224

I love this thread.

Its my favorite on this website.

But why is it even being bumped right now?

There must be a whole bunch of people who hopped on board in 2013 and 2014 that got in at 290-450 and are excited by this.

Those of us who saw $60 and then $1000 feeel suuuuuuuuuuper bored right now still lol

-B-

I am  def waiting for the next spike in the price. I am tired of this 300-400 margin all summer  Undecided

I think it could happen in the next few days, it's sort of showing all the right signs for a spike, but who knows.
Well the price is up 15%+ today which is somewhat similar to the daily gains that we saw last november.

Hopefully we will continue to see large increases in price
hodlmybtc
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November 13, 2014, 04:47:04 AM
 #2225

This is gentlemen!!!
BitBear2
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November 13, 2014, 10:02:36 AM
 #2226

Damn you price go up now! Ahh I want to sell 2BTC and go on a vacation with my gf  Grin
herzmeister
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November 13, 2014, 12:34:07 PM
 #2227


https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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November 13, 2014, 03:46:16 PM
 #2228

I must say good sir, the monocle looks indubitably gentleman.

For what shall it profit a man, if he shall gain the world, and lose his own soul?
fabiola!
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November 13, 2014, 04:55:56 PM
 #2229

Damn you price go up now! Ahh I want to sell 2BTC and go on a vacation with my gf  Grin

Where are you? Holidays from where I am cost a lot more than 2BTC, even if the price went up drastically.
picolo
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November 13, 2014, 05:18:37 PM
 #2230

I love this thread.

Its my favorite on this website.

But why is it even being bumped right now?

There must be a whole bunch of people who hopped on board in 2013 and 2014 that got in at 290-450 and are excited by this.

Those of us who saw $60 and then $1000 feeel suuuuuuuuuuper bored right now still lol

-B-

I am  def waiting for the next spike in the price. I am tired of this 300-400 margin all summer  Undecided

I think it could happen in the next few days, it's sort of showing all the right signs for a spike, but who knows.
Well the price is up 15%+ today which is somewhat similar to the daily gains that we saw last november.

Hopefully we will continue to see large increases in price

+15%/day gets us very high very fast : +100% in 5days and +166% in a week Grin, it would be great and the high prices will attract positive news articles on internet and in traditional medias which will bring new players and new money to push the price even higher
Pingu
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November 13, 2014, 05:27:15 PM
 #2231

I'm not quite part of the wealthy elite yet but I must say I'm very happy to have watched my coins rise by about £70 in value. I'm still going to hodl though  Cheesy.
sphericon
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November 13, 2014, 06:59:18 PM
 #2232

Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.

Quoted for wisdom.

Quoted for wisdom.

and.... drop.


BlindMayorBitcorn
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November 13, 2014, 07:11:40 PM
 #2233

Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.

Quoted for wisdom.

Quoted for wisdom.

and.... drop.



Some of the new elite just got very wealthy again Tongue

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
Flashman
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Hodl!


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November 13, 2014, 07:27:40 PM
 #2234

Go home BTC you're drunk.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
BitBear2
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November 14, 2014, 12:24:19 PM
 #2235

Damn you price go up now! Ahh I want to sell 2BTC and go on a vacation with my gf  Grin

Where are you? Holidays from where I am cost a lot more than 2BTC, even if the price went up drastically.
... eastern europe  Grin

Go home BTC you're drunk.
http://i57.tinypic.com/kbc3tw.jpg
BillyBobZorton
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November 14, 2014, 12:50:03 PM
 #2236

Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.

Quoted for wisdom.

Quoted for wisdom.

and.... drop.



Some of the new elite just got very wealthy again Tongue

Waht the hell is that screenshot? is it supossed to be a joke? whats up with that number.
bornil267645
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November 14, 2014, 12:53:30 PM
 #2237

Well this gentleman sure knows how to pick himself up even after such severe drop. Bitcoin rules !

Flashman
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November 14, 2014, 01:24:22 PM
 #2238

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
CoinCidental
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November 14, 2014, 04:46:09 PM
 #2239

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

Stay calm gentlemen, there was erratic behaviour very similar before the last ath too
Its all to be expected on the way up
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November 14, 2014, 05:44:54 PM
 #2240

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

Stay calm gentlemen, there was erratic behaviour very similar before the last ath too
Its all to be expected on the way up

How many months do you anticipate BTC prices will be lingering in these $360 to $800 prices?  

I am thinking that we could be in this price range for 6 months or potentially longer (maybe up to a year), even though it does seem that the next bubble is more imminent, such as more likely to occur within the next 1-3 months.

My current theory also is that once BTC prices get into the $750 to $850 range, then the taking of profits will likely subside for a short period of time while the masses and the sideline money jump onto the upward momentum train that take us past the previous ATH and into the $3k to $13k price per BTC range.   Let's say on average at the moment anticipating a $7,500 price per BTC would put BTC market cap at approximately $105 billion. Such a market cap does NOT seem outside of reason given the amount of infrastructure building in the BTC space (and the sheer powerfulness of the BTC computing network).... but even $7.5k per BTC may NOT be sustainable until after the next halfing of BTC mining production.. and until more BTC infrastructure is built.... but yep, BTC prices can surely escalate into a couple more 5x to 10x bubbles so long as the network and adoption keeps expanding at extrapolated levels of its current pace.

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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