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brg444
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November 02, 2015, 08:54:05 AM |
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Merchants accepting it, stand ups utilizing it.
Recently newegg that implemented i think increased the price a bit. Then there is the g2a which sells game keys and other game stuff. Dell also accepts bitcoin for a long time now, and hope one day amazon and ebay will implement the bitcoin. Amazon is what so many people are waiting for. The current blocksize issue is what potentially holds Amazon back. If they accept Bitcoin payments, then most likely each block will be full. ...that's non sense. No one is rushing to buy bitcoins because merchants accept them but it could start a chain in some way, this is a possibility, it will then cause a huge dump from amazon and the price will be levelled in any case, but with a major correction for the value the problem is that 99.9% of people around the world are fine with fiat Exactly, which is why greed and speculation drives adoption. Not "merchant acceptance". |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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November 02, 2015, 04:10:36 PM |
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$5000 is possible next year, but if it takes 3-4 more years, that's good enough. 10x your money in 3 years. Come on, that's fast.
I don't think all that many people on here have done much conventional investing. They've been permanently warped by Bitcoin and alt madness and the bar of expectations has been raised. it works two ways, one way, they think making 10% profit in a month is "slow" on the other hand they think a $10 billion market cap is huge. Bitcoin will stay volatile as long as the "market cap" is tiny. Even a small investment of a million dollars or so will result in a couple of % increase in price. While the same investment in the USD/EUR market wouldnt even change it by a pip. |
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jehst
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November 02, 2015, 06:40:24 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. |
Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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BTCfarm (OP)
Member
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Activity: 74
Merit: 10
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November 02, 2015, 07:37:11 PM |
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Looking good so far, i'm so lucky I know something only a hand-full of people know, it will keep going like this untill 500, than 700, 1400 and big investors will join. Just watch  |
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Biodom
Legendary
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Activity: 3738
Merit: 3836
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November 02, 2015, 07:41:51 PM
Last edit: November 02, 2015, 07:51:56 PM by Biodom |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. well, we are at $ 348 now, wow. bitcoiners feel like this in the casino of life at the moment: https://youtu.be/Il8aYGjDmzg?t=403 |
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cohnhead
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November 02, 2015, 07:48:58 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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November 02, 2015, 09:12:23 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. usually the floor after a bubble is a bit higher than the top of the previous bubble, so if that pattern holds true the floor after the next bubble would be over $1200 (say $1400 or so) the past bear market has broke many patterns though, wil the next bubble re-align to confirm with previous patterns, or wil we create a new pattern? Only time will tell. |
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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November 02, 2015, 09:29:59 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. The same moment when it passes last ATH of ~1200 USD, it will be forced to go above 2k. The main reason is that every investor that bought at last ath will think to himself; i should have just held on to my coins, and they will re-buy at huge loss, which will only drive the price even higher. |
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Biodom
Legendary
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Activity: 3738
Merit: 3836
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November 02, 2015, 10:02:48 PM |
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ha ha ha   |
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vvv8
Member
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Activity: 420
Merit: 10
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November 02, 2015, 10:03:26 PM |
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ha ha ha lulzzz |
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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November 02, 2015, 10:40:29 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. consensus among who? |
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gentlemand
Legendary
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Activity: 2590
Merit: 3008
Welt Am Draht
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November 02, 2015, 10:41:10 PM |
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consensus among who?
People who really really really want it to happen.
the past bear market has broke many patterns though, wil the next bubble re-align to confirm with previous patterns, or wil we create a new pattern?
Yup. Everyone got a hard lesson in that and they shouldn't go forgetting that now. Perhaps vastly more epic patterns will be created or a bunch of modest ones. The future is being written as it trundles along. |
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jehst
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November 02, 2015, 10:46:18 PM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. The same moment when it passes last ATH of ~1200 USD, it will be forced to go above 2k. The main reason is that every investor that bought at last ath will think to himself; i should have just held on to my coins, and they will re-buy at huge loss, which will only drive the price even higher. New all time highs are often a great time to buy something. It means there is momentum. Think about it with BTC. 1. Buy at all time high of $32-$33 in February 2013. Then what happens? 2. Buy at a new all time high of $267-268 in Late 2013. Then what happens? If bitcoin passes $1201, what should you do? Buy! Maybe you will want to sell because you think the price is high. Haha. |
Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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traderbit
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November 02, 2015, 11:21:06 PM |
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I hope that the price of $5K-$8K+ will be at next year.
After the halving period there are many chances to grab this price.
Otherwise there should be lots of pumps since its firstly impossible.
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cohnhead
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November 03, 2015, 01:57:39 AM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. consensus among who? it was a tweet linking to an article...saw it maybe a week ago or so. let me see if I can find and post here |
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jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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November 03, 2015, 05:06:50 AM |
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That would be nice, but I very much doubt it. I would be surprised if BTC broke $1000 during the halving next year.
I have news for you, buddy. The bulls are back. We can break $1000 THIS year. there is actually a lot of consensus that btc will go past $1,200 next year around the halving. will it stay there and go beyond is questionable. but at the low end it seems like $600 is almost a given. consensus among who? it was a tweet linking to an article...saw it maybe a week ago or so. let me see if I can find and post here oh, well if it was on twitter, it must be true then. |
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AdopterOfCoin
Newbie
Offline
Activity: 37
Merit: 0
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November 03, 2015, 10:30:18 AM |
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I hope that the price of $5K-$8K+ will be at next year.
After the halving period there are many chances to grab this price.
Otherwise there should be lots of pumps since its firstly impossible.
I do not hope so. I like the price of $5K-$8K+ in 2-3 years. We do not want a big bubble this time. I still remember the two year bear market from 2013-2015. |
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