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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 608794 times)
Flashman
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December 23, 2014, 08:54:25 PM
 #2381

320$ is very high compared to the average 2013 price. As the fiat is inflated, Bitcoin will rise in price because it is inflated less and the upcoming increase of coins is priced in

Indeed, 3 times what it was through the middle of 2013, AND we had the haters most faptastic scenario of the posterboy exchange crashing and burning along with the spectre of heavy handed regulation and continued busts of black markets.

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December 23, 2014, 11:14:45 PM
 #2382

I am pretty certain this thread will be a joy and a party thread again in 2015

2015 will be a big year for bitcoin, 2016 even bigger

If you liked 2015...you're going to love 2016.

I also believe this to be true.   The price per BTC in 2014 has definitely not caught up to the amount of adoption and business development that took place this year...

yup, pound for pound btc is cheaper than when it was $10

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December 23, 2014, 11:19:39 PM
 #2383

We are the new wealthy elite? Maybe. If price will go around 50.000$ in many years, I'll buy my boat, my Ferrari and I'll have more fun with my bitcoin money  Grin.
Too much soon for say this, we have to wait many year to see the develop of bitcoin !
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December 24, 2014, 08:13:09 AM
 #2384

when we move away from  thinking in "whole bitcoins" to  mbits or satoshis i think the rise will be fast and furious ........
also when the next block reward halves the coins in existence will become much more valueable and sought after

combine that with more merchants/retailers/services  accepting them and easier faster  ways to "spend"  and store them
and i think the potential is near unlimited

there are too many variables to predict the price will be $$$$$  on any certain date but one thing i do believe is coins are only going to get more
expensive
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December 24, 2014, 10:15:46 AM
 #2385

when we move away from  thinking in "whole bitcoins" to  mbits or satoshis i think the rise will be fast and furious ........
also when the next block reward halves the coins in existence will become much more valueable and sought after

combine that with more merchants/retailers/services  accepting them and easier faster  ways to "spend"  and store them
and i think the potential is near unlimited

there are too many variables to predict the price will be $$$$$  on any certain date but one thing i do believe is coins are only going to get more
expensive

Just thinking differently will not move the price. People will think differently when the price will have moved and the price will move when more people will adopt and use Bitcoin

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December 24, 2014, 01:19:40 PM
 #2386

Indeed, patience is definitely a virtue.  For now, we're neither wealthy nor elite nor wealthy elite nor gentleman.

Pretty sure this is where we stand:



I haven't given up on Bitcoin, far from it.  But this year (besides adoption by select merchants, retailers, and charities) has been a down year for our favorite Crypto overall.  Gox, SR1 & 2, Shrem/Ulbricht, regulation, China/Russia banning Bitcoin 100 times, mining difficulty/costs etc...have all had negative overall pressure than all the good that's been done.

2015, year 6, has to be better overall.  Not just for the masses to adopt or even consider it, but for the miners, developers, traders, and supporters for Bitcoin as well.

It's been a terrible year for most of us, I hope you're right and 2015 is better. Merry Christmas.

Smiley
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December 24, 2014, 01:29:34 PM
 #2387

bitcoin heading to ridiculous new highs .. check the price today!

Hahaha, psych.

What about the women? Are you not confident that the new wealthy elite includes some women?

Well said possum Smiley x

Smiley
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December 24, 2014, 01:31:14 PM
 #2388

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Do you have any friends/family who are into btc?

Smiley
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December 24, 2014, 05:01:37 PM
 #2389

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Give away! Tongue

330$ Today, it's a gift for those who want to buy.

arieq
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December 26, 2014, 12:11:28 AM
 #2390

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

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December 26, 2014, 04:59:25 PM
 #2391

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

well said.
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December 26, 2014, 06:47:07 PM
 #2392

I will be happier in the long term if bitcoin just finds a value and stays there. In the short term I want to get rich from bitcoin, in the long term I want an alternative to centralized slave money.

I dont think it will have a fixed price. 1BTC=1BTC thats all. Compared to other currencies i think it will behave like gold or an asset and not like a normal fiat.


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joeventura
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December 30, 2014, 09:22:43 PM
 #2393

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Give away! Tongue

330$ Today, it's a gift for those who want to buy.

Must be a bigger gift at $309


BitCoinRateWatcher.com One stop for latest rates from MtGox, Bitstamp, CampBx, Coinbase and Bitpay all on one mobile friendly screen.
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December 30, 2014, 10:05:34 PM
 #2394

No I knew this was going to happen going into 2014.

If you invested in 2012 you would of been rich but who would of known.

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December 31, 2014, 12:09:49 AM
 #2395

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.
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January 03, 2015, 09:30:53 PM
 #2396

Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.




Down 11% in 60 days


June is coming.

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January 03, 2015, 09:31:31 PM
 #2397

bitcoin heading to ridiculous new highs .. check the price today!

I hear you brother.

Buy everybody buy.

Cheap coins.

The market is supporting a price of 320$ Today. Each bitcoin put to sell find an immediate buyer at this price.

You're welcome Tongue
It's Christmas time, I need to give some BTC as gifts...

Give away! Tongue

330$ Today, it's a gift for those who want to buy.

Must be a bigger gift at $309



A miracle at $289


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January 03, 2015, 09:32:44 PM
 #2398

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.

agreed with all that Chef

there is bit more pain to come but then we will RISE like eagles

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January 03, 2015, 10:35:35 PM
 #2399

The Roaring Twenties will return for those that have stuck out the great depression of 2014 and had the stomach to have trust in the blockchain and all that it will offer to those that believed in it. There's so many people who've heard and saw what they saw in regards to Bitcoin and probably want nothing to do with it. There'll be a lucky bunch that have sat through the turmoil of the last year and learned everything they could about what the future will hold, all the while being constantly reminded of the ever diminishing BTC price. The flash in the pans, much like the general public, will be locked out of the price recovery as they won't hear about or see the rebound until it's panic buying time. And, that's if they're positioned correctly to be able to buy back in. Many people are living hand to mouth or paycheck to paycheck and won't have even a modest stake to be able to get much of a spin on their money when the time comes. Those who've held, accumulated or have their fiat at the ready for purchase are those that will be the biggest winners if one is keeping an eye on the BTC price going up.

agreed with all that Chef

there is bit more pain to come but then we will RISE like eagles

Rise like Eagles lol, it's rise like a Phoenix no? Wink x



Smiley
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January 03, 2015, 11:13:45 PM
 #2400

I am pretty confident we are NOT the new wealthy elite , based on the price of bitcoin recently!

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