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Bardman
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January 11, 2016, 01:27:15 PM
 #141

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.

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BitHodler
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January 11, 2016, 02:03:55 PM
 #142

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

Why should they buy in secret? It does not make sense.

They are not interested in the coins. They look with great interest at the blockchain as technology which might help them build a whole new banking platform.

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January 12, 2016, 03:33:02 AM
 #143

I think it's time for a uprising. Not sure how much but before the halving in july we will see a price rally.
So expect it to go to 550 usd.

i dont know but this month we can expect bigger price change maybe we will hit or pass in small margin 500$ and that is it
May be price may reach 500$ in this month or else it will be in the same price but it will not fall more. When it's near halving that time price will fall near to 400$ and again it boost after halving.
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January 12, 2016, 05:21:52 AM
 #144

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.
You dont think smart money knows the gig is up? Its a risk reward play thats worth it at 7 billion.. Ofcourse none of us know for sure but its one thing im really really good at for some reason, probably all those years staring at charts reading headlines. The china russia ban and then unban is basically proof.

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January 12, 2016, 08:18:56 AM
 #145

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

Why should they buy in secret? It does not make sense.

They are not interested in the coins. They look with great interest at the blockchain as technology which might help them build a whole new banking platform.

and also secretely or not they would increase the demand and thus the overall value, no matter how slow you buy, if you inject money on the market, the market will grow in the end

so no i dobut they are buying anything, it's mostly a chinese pump

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azguard
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January 12, 2016, 08:49:23 AM
 #146

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.

 i dont thinks so i think that they buy but now this much some smaller sum the research market


I think it's time for a uprising. Not sure how much but before the halving in july we will see a price rally.
So expect it to go to 550 usd.

i dont know but this month we can expect bigger price change maybe we will hit or pass in small margin 500$ and that is it
May be price may reach 500$ in this month or else it will be in the same price but it will not fall more. When it's near halving that time price will fall near to 400$ and again it boost after halving.

believe me next month will price start to rise slowly to 500 and will stay there



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January 12, 2016, 09:27:21 AM
 #147

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.

You are right, even I don't believe banks being involved in the trading of BTC...
There are already some huge names who are involved in pumps and dumps, with many possessing more than 100,000 coins, so not possible here ATM...
Maybe, in the future, when BTC might gain some extraordinary values, I guess banks will participate of course...

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January 12, 2016, 03:24:45 PM
 #148

Not normal banks, central banks.. I bet they are buying for more than a year on every drop

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BitHodler
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January 13, 2016, 12:02:44 AM
 #149

Not normal banks, central banks.. I bet they are buying for more than a year on every drop

Central banks look at Bitcoin as currency and have a good laugh. Bitcoin is not something they are afraid of.

And how are you so sure they are buying on every drop for more than a year? Are you one of them?

Stop reading science fiction comics.

avw1982
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January 13, 2016, 02:56:10 AM
 #150

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.

 i dont thinks so i think that they buy but now this much some smaller sum the research market


I think it's time for a uprising. Not sure how much but before the halving in july we will see a price rally.
So expect it to go to 550 usd.

i dont know but this month we can expect bigger price change maybe we will hit or pass in small margin 500$ and that is it
May be price may reach 500$ in this month or else it will be in the same price but it will not fall more. When it's near halving that time price will fall near to 400$ and again it boost after halving.

believe me next month will price start to rise slowly to 500 and will stay there

I would agree with you dude due to block halving we can find little pump and dump in bitcoin price. But it fall more than 400$ better time buy a bitcoin also. People no need worry about rate of bitcoin. It will get increases very son may be this January last.
Kalder
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January 15, 2016, 07:07:12 PM
 #151

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Bitcoinbro
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January 15, 2016, 08:23:18 PM
 #152

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Yup is not great, but is something for people if they want to buy bitcoin.
At least is now is kinda cheaper. You can also wait for lower price, but I think we won't really seee a 200 dollars anymore.
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January 16, 2016, 07:16:24 PM
 #153

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Yup is not great, but is something for people if they want to buy bitcoin.
At least is now is kinda cheaper. You can also wait for lower price, but I think we won't really seee a 200 dollars anymore.

yea seem like recent stock drops in all markets course this but this doens mean it but it for now only explanation for this btc drop
also in stock price drop for some 10% but btc price drop over 10%



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January 16, 2016, 08:33:12 PM
 #154

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Yup is not great, but is something for people if they want to buy bitcoin.
At least is now is kinda cheaper. You can also wait for lower price, but I think we won't really seee a 200 dollars anymore.

yea seem like recent stock drops in all markets course this but this doens mean it but it for now only explanation for this btc drop
also in stock price drop for some 10% but btc price drop over 10%
Recent stock market had a great impact, but these drastic fall is just because of mike and during the previous years also it has come across various situations like this, so everything goes right but takes more time.

Bardman
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January 16, 2016, 11:48:39 PM
 #155

Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

I doubt banks give a shit about bitcoin. The market cap is what, like 7 billion? That's nothing, even some multi billionaire guy could afford to buy all bitcoins, unless you know for sure banks are doing that don't spread false information.

You are right, even I don't believe banks being involved in the trading of BTC...
There are already some huge names who are involved in pumps and dumps, with many possessing more than 100,000 coins, so not possible here ATM...
Maybe, in the future, when BTC might gain some extraordinary values, I guess banks will participate of course...

Yep. 7 billion dollars for an average person may seem incredible but for banks or the government is nothing, hell, bill gates could buy all the bitcoins in the world if he wanted to. You are right, unless the price goes to 20k per bitcoin in a few months no one of the big guys care.

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January 18, 2016, 01:04:04 PM
 #156

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Yup is not great, but is something for people if they want to buy bitcoin.
At least is now is kinda cheaper. You can also wait for lower price, but I think we won't really seee a 200 dollars anymore.

yea seem like recent stock drops in all markets course this but this doens mean it but it for now only explanation for this btc drop
also in stock price drop for some 10% but btc price drop over 10%
Recent stock market had a great impact, but these drastic fall is just because of mike and during the previous years also it has come across various situations like this, so everything goes right but takes more time.

i agree price is on the right track again and there is nothing to worry about it at all i will be good for now



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Kalder
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January 20, 2016, 03:41:25 PM
 #157

The bitcoin fell below $400 today. It is the lowest for a month. It coincided with the big drop in the stock market.

Yup is not great, but is something for people if they want to buy bitcoin.
At least is now is kinda cheaper. You can also wait for lower price, but I think we won't really seee a 200 dollars anymore.

The cost of mining is about $200 now. So that could be a floor price of the bitcoin in the near future.

vatusasid
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January 21, 2016, 08:38:05 AM
 #158

Not normal banks, central banks.. I bet they are buying for more than a year on every drop

How many bitcoin do the central banks own now? If they own a lot, and dump it, it will cause a crash of the price.
azguard
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January 22, 2016, 08:35:41 AM
 #159

Not normal banks, central banks.. I bet they are buying for more than a year on every drop

How many bitcoin do the central banks own now? If they own a lot, and dump it, it will cause a crash of the price.

not necessary it may be the fact that all are waiting quorum will they increase block size or not that all the hold up for the moment and presure in price
is it panic or not, maybe, but still its worth the risk



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January 23, 2016, 07:58:34 AM
 #160

Any idea for the reason for the recent drop of bitcoin price?
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