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MatTheCat
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December 27, 2015, 10:44:37 PM |
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Its just a regular pump-and-dump. You must be new here.
U joking...people here with 1000 + posts that rountinely come out with hair brained shite like that. |
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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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Shinpako09
Legendary
 Offline
Activity: 1988
Merit: 1015
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December 27, 2015, 10:45:12 PM |
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Who knows, for me the current floor price will last until in the first week of January or in the first month of the year rather until the price will make a big move again.
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Newcoins2020
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December 27, 2015, 10:58:52 PM |
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Either way it is positive.
When it goes down more, it gives me a chance to buy some cheap btc.
If is goes up, well then i can sell my coins.
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The Sceptical Chymist
Legendary
Offline
Activity: 3332
Merit: 6826
Cashback 15%
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December 27, 2015, 11:07:34 PM |
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I don't think it's vendors selling received bitcoin and I don't think it's necessarily people selling bitcoin to buy gifts. What we're seeing is randomness, and you're all trying to assign a cause. I don't think it can be done.
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Moneyburner
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Activity: 112
Merit: 10
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December 27, 2015, 11:20:31 PM |
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It's a normal market trend, it can't just go up forever without some down swings at some point.  If you can't handle a 10% or so drop go invest in the NYSE |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 28, 2015, 02:05:33 AM |
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I don't think it's vendors selling received bitcoin and I don't think it's necessarily people selling bitcoin to buy gifts. What we're seeing is randomness, and you're all trying to assign a cause. I don't think it can be done.
*by you |
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Pab
Legendary
Offline
Activity: 1862
Merit: 1012
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December 28, 2015, 05:23:38 AM |
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Stay cool.Bitcoin price is keeping 420$ level.There is no sell off from China side It is just usually day trading
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gurre
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December 28, 2015, 05:32:07 AM |
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In the middle of January will be 550dollars or 550€  but the point is that there is someone mining AS A HELL at the moment and not doing this for selling, it's just to secure few bitcoins before halving...March maybe 650€/dollars and just before halving we can see new record coming because of HOLDS...then a small drop and holders can buy their coins back from desperated people. |
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Odien
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December 28, 2015, 05:33:06 AM |
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Btc price coming down probably people are selling btc to get money for holidays right ?
Probably... People need holidaying money... |
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avw1982
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December 28, 2015, 08:47:12 AM |
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Who knows, for me the current floor price will last until in the first week of January or in the first month of the year rather until the price will make a big move again.
In Europe countries most of the people are Engage in parities and enjoyment due to holidays. After holidays It will start increase gradually. As like that we can’t see big bump in January and all. We can expect good rate in the month of june.I guess halving also gonna occur on that time only. |
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pitham1
Legendary
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Activity: 1232
Merit: 1000
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December 29, 2015, 02:08:21 PM |
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A lot of people believe it is China driving the price. Maybe people are getting rid of their extra coins after getting the best deals during Bitcoin Black Friday. |
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Dr.Osh
Legendary
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Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
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December 29, 2015, 03:29:25 PM |
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Well, you're right, maybe they compete to sell bitcoin that they had to prepare for the New Year holiday, but take it easy, then maybe the price will go up again, because they will start searching and mining bitcoin again  |
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safari88
Legendary
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Activity: 1960
Merit: 1026
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December 29, 2015, 03:57:33 PM |
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Btc price coming down probably people are selling btc to get money for holidays right ?
It is true. I also do it sell btc to go on holiday. but I'm sure after the holidays end price will go up. |
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Tadblt
Member
Offline
Activity: 75
Merit: 10
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December 29, 2015, 08:55:40 PM |
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Who knows, for me the current floor price will last until in the first week of January or in the first month of the year rather until the price will make a big move again.
I have the similar feeling. The price is stable at the moment. But that is just a preparation for future rise. |
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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December 29, 2015, 10:26:31 PM |
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A lot of people believe it is China driving the price. Maybe people are getting rid of their extra coins after getting the best deals during Bitcoin Black Friday. it is indeed china that is driving the price. they are responsible for the majority of the demand. i think china's market share in bitcoin will only grow and grow. we can't do much about it. |
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Tadblt
Member
Offline
Activity: 75
Merit: 10
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January 23, 2016, 08:40:19 PM |
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A lot of people believe it is China driving the price. Maybe people are getting rid of their extra coins after getting the best deals during Bitcoin Black Friday. it is indeed china that is driving the price. they are responsible for the majority of the demand. i think china's market share in bitcoin will only grow and grow. we can't do much about it. Most of the mining operations are based in China because it has advanced chip design technology and manufacturing power and cheap electricity. |
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sishendaoye
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January 23, 2016, 09:45:17 PM |
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A lot of people believe it is China driving the price. Maybe people are getting rid of their extra coins after getting the best deals during Bitcoin Black Friday. it is indeed china that is driving the price. they are responsible for the majority of the demand. i think china's market share in bitcoin will only grow and grow. we can't do much about it. Most of the mining operations are based in China because it has advanced chip design technology and manufacturing power and cheap electricity. Yes and that's the reason why they control the network. Also they have the most to gain with a high price, so i am sure they are behind every pump we have seen so far. |
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traderbit
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January 23, 2016, 10:38:10 PM |
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Btc price coming down probably people are selling btc to get money for holidays right ?
I think shop owners who accept bitcoin are selling btc from the christmas purchases from the past weeks. If price come down then it's good for faucet owner If the faucets owners buy bitcoin through fiat then it is the same, but the reward is less in bitcoin but the same value as before. |
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quadriple7
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January 23, 2016, 10:59:04 PM |
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yes the price is going down to small numbers, i doubt that it will stop dropping if we will not decide on whether we want to have bigger blocks or not, lets hope everything will be solved as soon as possible and everything will be good
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n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
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January 24, 2016, 07:56:03 AM |
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Btc price coming down probably people are selling btc to get money for holidays right ?
As for me are mainly and in big amount only normal movements of the price of bitcoin. Maybe a little affected by the celebrations but I think that such impacts are very few. The main (almost totally) factor in the change of price in such amounts, for me, is the volatility of the bitcoin itself. We are facing these days of January "big changes" on price which followed the "testament" of Mike Hearn. And bitcoin was went down only for about 80-90 us dollars. Then stopped and begin the recovering. If such "speech" (full of fatalism which raised big fear at the beginners) from an ex core developer of it is able to cause only this kind of "earthquake" the celebrations can be told that don't affect at all its price. To not speak for the "Harvard guy" which make its testament at Washington Post and had any kind of effect on its price. |
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