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Author Topic: To The Moon  (Read 3774 times)
Possum577
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November 04, 2015, 09:38:24 PM
 #41

We hope the price up to $600/btc in 2016
We know after opening at $400 / btc 12 Hours ago
The price of bitcoin has peaked $462 recording a 13.4% increase in a single day
So.. nothing is impossible reach more than $600 for the next months or the next a year

Actually, Coinbase is reporting the price crossed $500 earlier today (topping out at $504).

You should realize that there is no open or close for bitcoin exchanges, right? They're always running...there's a price quote at any time of day. There's the ability to buy/sell at any time of day. So your "open" price is going  to be someone else's "mid day price" or "close price" or "after hours price"

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November 04, 2015, 09:38:43 PM
 #42

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.
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November 04, 2015, 09:44:04 PM
 #43

This time sure to the moon as situation is totally different and in favor of Bitcoin than 2013.Adoption,recognition,large use for transfer of fund in remittance market so price will not drop but will keep growing gradually over the time.
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November 04, 2015, 09:45:02 PM
 #44

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.

What's the ponzi scheme you're referring to - fractional lending? How would that  (this week/month) have caused the surge in price? What's happened in that world to be the catalyst?

It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450.

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November 04, 2015, 09:49:57 PM
 #45

There's a well known Bitcoin Ponzi scheme currently in place in China run by a Russian fraudster. I don't know try googling it.

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luka1987
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November 04, 2015, 09:53:24 PM
 #46

actually price is dropping very fast... few hours ago it was on 476$ by Preev... look now... 410-415$...
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November 04, 2015, 10:17:17 PM
 #47

actually price is dropping very fast... few hours ago it was on 476$ by Preev... look now... 410-415$...

On BitStamp, the price has been up and down all over the place for the last 24 hours - under $300 to almost $500.

http://bitcoincharts.com/markets/bitstampUSD_trades.html

Smiley
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November 04, 2015, 10:25:03 PM
 #48

Can posters please reframe from using this term. I find it substantially and economically immature (not least fundamentally retarded) to coin such a phrase, especially when, all things considered, not one of us has any slightest idea where Bitcoin price will be in 1 year, let alone 1 month. So quit jinxing it.

If this terminology also annoys you then please post here and let's voice our disquiet together, as one.

Why would this annoy you? I, and many others, will definitely not stop using this phrase.
Since you're too mature for a lunar landing, we'll just leave you behind.

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KokiFurihata
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November 04, 2015, 10:42:12 PM
 #49

actually price is dropping very fast... few hours ago it was on 476$ by Preev... look now... 410-415$...

On BitStamp, the price has been up and down all over the place for the last 24 hours - under $300 to almost $500.

http://bitcoincharts.com/markets/bitstampUSD_trades.html

Smiley
I will be happy if it stabilizes at around $400ish. This is just a mini bubble it seems.
leex1528
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November 04, 2015, 10:43:38 PM
 #50

Is the moon in the ground?  That is what looks like where Bitcoin is actually going.  Yikes.  I haven't seen it go down this fast ever I think in my life or since I started using Bitcoin.  Hopefully it will stabilize here I wonder what is going on.
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November 04, 2015, 10:49:38 PM
 #51

60$ down in one hour-370 on Bitstamp Huh

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vodaljepa
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November 04, 2015, 10:57:06 PM
 #52

not looking good

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November 04, 2015, 10:57:15 PM
 #53

Yikes... flash crash. Hopefully support around $350 can stop it. Meh, I'm fine if it stopped around that price for a while. still a lot better than the price two months ago.

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November 04, 2015, 10:57:19 PM
 #54

I find the phrase useful to identify immature idiots in threads, so I can quickly ignore any of their opinions on economics or finance without having to read their entire posts.
worhiper_-_
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November 04, 2015, 11:24:00 PM
 #55

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.

What's the ponzi scheme you're referring to - fractional lending? How would that  (this week/month) have caused the surge in price? What's happened in that world to be the catalyst?

It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450.
MMM is the ponzi I'm referring to.

I was right though, literally minutes after this post the price started crashing and reached bellow 400.
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November 04, 2015, 11:36:27 PM
 #56

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.

What's the ponzi scheme you're referring to - fractional lending? How would that  (this week/month) have caused the surge in price? What's happened in that world to be the catalyst?

It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450.
MMM is the ponzi I'm referring to.

I was right though, literally minutes after this post the price started crashing and reached bellow 400.

How can a Ponzi have so much capital to control the price like that ? The only way they can pump is by buying coins, and with the amount needed to reach 500, they would have more than enough coins to sell, to make any profits out of it.

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November 04, 2015, 11:37:23 PM
 #57

Some dumbass on reddit "called its going to the moon" then immediately after it crashes down. Making a slow recovery now, but these 20$-30$ price swings are insane.

Check out http://trumpgeneral.com/ for great Trump information
worhiper_-_
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November 04, 2015, 11:38:17 PM
 #58

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.

What's the ponzi scheme you're referring to - fractional lending? How would that  (this week/month) have caused the surge in price? What's happened in that world to be the catalyst?

It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450.
MMM is the ponzi I'm referring to.

I was right though, literally minutes after this post the price started crashing and reached bellow 400.

How can a Ponzi have so much capital to control the price like that ? The only way they can pump is by buying coins, and with the amount needed to reach 500, they would have more than enough coins to sell, to make any profits out of it.

You'd be surprised.

https://www.youtube.com/results?search_query=MMM+seminar

The guy behind this has a long history with pyramid schemes, this time it went global, and it's using bitcoin.

It has more than 50k daily active users, and more are registering each day.
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November 04, 2015, 11:43:40 PM
 #59

Some dumbass on reddit "called its going to the moon" then immediately after it crashes down. Making a slow recovery now, but these 20$-30$ price swings are insane.

Maybe the moon wasn't above the earth at that point of time Tongue

I'm pretty sure that the current price surge is caused by the greatest pyramid scheme of our times in combination to the Chinese capital controls and that the collapse will be horrendous. I might be too bearish, but I don't think it'll be easy to climb back at the 450$ levels after a crash at this point.

What's the ponzi scheme you're referring to - fractional lending? How would that  (this week/month) have caused the surge in price? What's happened in that world to be the catalyst?

It's probably good that it's not easy to climb back...time spent at $450 will validate the rise to $450.
MMM is the ponzi I'm referring to.

I was right though, literally minutes after this post the price started crashing and reached bellow 400.

How can a Ponzi have so much capital to control the price like that ? The only way they can pump is by buying coins, and with the amount needed to reach 500, they would have more than enough coins to sell, to make any profits out of it.

You'd be surprised.

https://www.youtube.com/results?search_query=MMM+seminar

The guy behind this has a long history with pyramid schemes, this time it went global, and it's using bitcoin.

It has more than 50k daily active users, and more are registering each day.


Thanks for the link, will check it out. Still funny how it can go up so much just from a ponzi.

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November 05, 2015, 12:03:22 AM
 #60

I think it's more that people saw 500$ and started to take profits. I don't feel that worried. I "assume" that the price is going up due to the interest in bitcoin and the need for bitcoin.

It went up huge today and went down back to where it was yesterday. And is going up again. No big deal.
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